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作者:Simon, D
作者单位:Cornell University
摘要:Empirical research on incumbent pricing responses to new entry has yielded mixed results. Some studies find that incumbents cut prices post entry, while others find that incumbents accommodate entry by leaving prices unchanged (or even raising prices). To better understand these findings, this study explores the conditions under which incumbents are more likely to cut prices when faced with entry. I argue that incumbents vary in their incentives to cut prices; incumbents with greater incentive...
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作者:Hawawini, G; Subramanian, V; Verdin, P
作者单位:Universite Libre de Bruxelles; INSEAD Business School; University of Hong Kong
摘要:We revisit the questions of identification of outlying firms within industries and their impact on the relative importance of firm- and industry-specific factors for firm performance. In response to McNamara, Aime and Valler (2005), we argue that the key results in Hawawini, Subramnian and Verdin (2003) are insensitive to the varying methods used to identify firm outliers. Further, we argue that conducting tests on industry outliers are inconsistent to what is indicated by theory and past empi...
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作者:McEvily, B; Marcus, A
作者单位:Carnegie Mellon University; University of Minnesota System; University of Minnesota Twin Cities
摘要:We build on previous research that explores the external acquisition of competitive capabilities through the embedded ties that firms form in networks and alliances. While information sharing and trust have been theorized to be key features of the interorganizational ties that facilitate the acquisition of competitive capabilities, we argue that these mechanisms provide an incomplete explanation because they do not fully address the partially tacit nature of the knowledge that underlies compet...
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作者:Zaheer, A; Bell, GG
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Minnesota System; University of Minnesota Duluth
摘要:While strategy scholars primarily focus on internal firm capabilities and network, scholars typically examine network structure, we posit that firms with superior network structures may, be better able to exploit their internal capabilities and thus enhance their performance. We examine how innovative capabilities-both those of focal firms and those they access through their networks-influence the performance of Canadian mutual fund companies. We find that a firm's innovative capabilities and ...
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作者:Park, NK; Mezias, JM
作者单位:University of Miami; Korea Advanced Institute of Science & Technology (KAIST)
摘要:We treat the sudden technology sector crash as a natural experiment to investigate how dramatic changes in resource availability in the e-commerce sector affect stock market response to interfirm alliances. This environmental jolt demarcated two distinctly different periods of e-commerce resource munificence: pre-crash, characterized by high munificence, and post-crash, characterized by low munificence. Using data on alliances involving 75 e-commerce firms from 1995 to 2001, we find that the s...
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作者:Linnehan, F; De Carolis, D
作者单位:Drexel University
摘要:The knowledge and skills inherent in human capital are increasingly recognized as the essence of competitive advantage. Extending the emerging literature on capability building, this paper explores the strategic decision of participating in school-to-work programs from the transaction cost and resource-based view of the firm. Using data from a national sample, we find that both strategic perspectives help to explain decisions to participate in school-to-work activities. Our findings indicate t...
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作者:Ebben, JJ; Johnson, AC
作者单位:University of St Thomas Minnesota
摘要:This paper analyzes small firm performance in relation to efficiency and flexibility, strategies. Using configuration theory, the authors propose that small firms that pursue efficiency strategies or flexibility strategies outperform those that attempt to pursue both. Additionally, size is used as a configurational attribute to develop competing hypotheses on whether efficiency strategies or flexibility strategies are better suited for small firm performance. In two samples of 200 and 144 priv...
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作者:Coombs, JE; Gilley, KM
作者单位:University of Richmond; Oklahoma State University System; Oklahoma State University - Stillwater
摘要:We test the effects of stakeholder management on CEOs' salaries, bonuses, stock options, and total compensation. We also examine the extent to which the interaction of stakeholder management and financial performance determines compensation. Using a longitudinal database of 406 Fortune 1000 firms, our results suggest that stakeholder management is relevant to boards of directors when setting CEO compensation. Specifically, we found a significant, negative main effect of stakeholder management ...
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作者:Chacar, A; Vissa, B
作者单位:INSEAD Business School; State University System of Florida; Florida International University
摘要:By drawing a theoretical distinction between the persistence of superior and poor performance, we reconcile the conflicting predictions of the 'revisionist' and accepted views on the persistence of firm performance in emerging economies. Using a sample of manufacturing firms in the United States and India, we show that superior firm performance in emerging economies persists only as much as developed economies in line with the revisionist argument. We also provide evidence consistent with the ...
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作者:Cho, HJ; Pucik, V
作者单位:Samsung; International Institute for Management Development (IMD)
摘要:The purpose of this study is to examine the relationship between innovativeness, quality, growth, profitability, and market value at the firm level. Building on concepts from a resource-based view of a firm and organizational learning, innovation and quality literature, we propose the innovativeness-quality-performance model, which describes how a firm's capability to balance innovativeness with quality drives growth and profitability, and in turn drives superior market value. Results of struc...