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作者：Jonsson, Stefan; Regner, Patrick
作者单位：Uppsala University; Stockholm School of Economics
摘要：Imperfectly imitable resources are central in contemporary analysis of sustainable competitive advantage. While prior work has focused on limitations on the ability to imitate, we argue that it is only a third step in an imitation procedure that also involves the identification of what to imitate and the willingness to imitate. In this study we focus on this last step of unwillingness to imitate due to institutionalized professional norms on product appropriateness. Drawing on institutional th...
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作者：Holcomb, Tim R.; Holmes, R. Michael, Jr.; Connelly, Brian L.
作者单位：State University System of Florida; Florida State University; Louisiana State University System; Louisiana State University; Auburn University System; Auburn University
摘要：The current study investigates a central premise of the resource-based view of the firm-that managers are a potential source of value creation for the firm. Using data from professional sports teams, we test theory regarding the effects of managerial ability, human resource stocks, and managers' actions on resource value creation. While results indicate managerial ability affects resource productivity, this effect is less pronounced with increases in the quality of firm resources. Further, we ...
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作者：Kirsch, David; Goldfarb, Brent; Gera, Azi
作者单位：University System of Maryland; University of Maryland College Park
摘要：We explore a well-known instance of fast decision making under high uncertainty, venture capital (VC) opportunity, screening. We analyze a sample of 722 funding requests submitted to all American VC firm and evaluate the influence of the form of the submission and content of business planning documents on VC funding decisions. We improve on prior literature by a) using a large sample of known representativeness, b) relating request characteristics to actual VC decisions, and c) developing an i...
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作者：Lee, Seung-Hyun; Makhija, Mona
作者单位：University System of Ohio; Ohio State University; University of Texas System; University of Texas Dallas
摘要：This study investigates the value of the strategic flexibility provided by firms international investments during an economic crisis, defined here as an unanticipated significant downturn in the economy. To avoid below-par performance, firms need to adapt quickly to this significant change in their environment, making real options very valuable to them. Although firms' international investments can potentially provide, such flexibility, this issue has not been empirically examined in a context...
