-
作者:Laamanen, Tomi; Keil, Thomas
作者单位:Aalto University
摘要:Based on an analysis of the most active acquirers in seven industry sectors in the United States in the 1990s, we find that both a high rate of acquisitions and a high variability of the rate are negatively related to performance. An acquirer's size, the scope of its acquisition program, and acquisition experience moderate the relationship by weakening the negative effects. Our findings contribute to an improved understanding of acquisition capabilities and program-level acquisition performanc...
-
作者:Leiponen, Aija
作者单位:Cornell University
摘要:This empirical study of business-to-business service firms examines the determinants and effects of control rights to intellectual assets in a property rights theoretic framework. Regression analyses using survey data suggest that service suppliers that retain control over their intellectual output tire more innovative. In long-term relationships, service firms' clients may thus be better off balancing their need to control outsourced activities with the suppliers' incentives to invest in lear...
-
作者:Delmas, Magali A.; Toffel, Michael W.
作者单位:University of California System; University of California Los Angeles; Harvard University
摘要:This article combines new and old institutionalism to explain differences in organizational strategies. We propose that differences in the influence of corporate departments lead their facilities to prioritize different external pressures and thus adopt different management practices. Specifically, we argue that external constituents-including customers, regulators, legislators, local communities, and environmental activist organizations-who interact with influential corporate departments are ...
-
作者:Zott, Christoph; Amit, Raphael
作者单位:INSEAD Business School; University of Pennsylvania
摘要:We examine the fit between a firm's product market strategy and its business model. We develop a formal model in order to analyze the contingent effects of product market strategy and business model choices on firm performance. We investigate a unique, manually collected dataset, and find that novelty-centered business models-coupled with product market strategies that emphasize differentiation, cost leadership, or early market entry-can enhance firm performance. Our data suggest that business...
-
作者:Nickerson, Jack A.; Zenger, Todd R.
作者单位:Washington University (WUSTL)
摘要:An economic theory of the firm must explain both when firms supplant markets and when markets supplant firms. While theories of when markets fail are well developed, the extant literature provides a less than adequate explanation of why and when hierarchies fail and of actions managers take to mitigate such failure. In this article, we seek to develop a more complete theory of the firm by theorizing about the causes and consequences of organizational failure. Our theory focuses on the concept ...
-
作者:Boyd, Jens L.; Bresser, Rudi K. F.
作者单位:Free University of Berlin
摘要:The timing of competitive actions and responses is a key management concern that has important performance consequences. This study focuses on the timing and consequences of competitive responses. Theory predicts a negative linear relationship between response delay and responder performance mirrored by an opposing positive linear relationship between response delay and first mover performance. In contrast, our study suggests that response delay has a curvilinear relationship with responder pe...