8期

最新文章

• Strategy making in novel and complex worlds: The power of analogy AI翻译
  作者：Gavetti, G; Levinthal, DA; Rivkin, JW
  作者单位：University of Pennsylvania; Harvard University
  摘要：We examine how firms discover effective competitive positions in worlds that are both novel and complex. In such settings, neither rational deduction nor local search is likely to lead a firm to a successful array of choices. Analogical reasoning, however, may be helpful, allowing managers to transfer useful wisdom from similar settings they have experienced in the past. From a long list of observable industry characteristics, analogizing managers choose a subset they believe distinguishes sim...
• Antitrust holdup source, cross-national institutional variation, and corporate political strategy implications for domestic mergers in a global context AI翻译
  作者：Clougherty, JA
  摘要：Managers are increasingly uncertain over the source (home nation or foreign nation) of antitrust holdup for domestic mergers with significant international implications. I propose a conceptual framework that predicts the source of antitrust holdup for domestic mergers. I find an industry's global competitiveness to be the primary driver behind holdup source. Further, I factor institutional conditions to yield more precise predictions tailored to the cross-national environment for antitrust pol...
• Asymmetric rivalry between strategic groups: Response, speed of response and ex ante vs. ex post competitive interaction in the Spanish bank deposit market AI翻译
  作者：Más-Ruiz, FJ; Nicolau-Gonzálbez, JL; Ruiz-Moreno, F
  作者单位：Universitat d'Alacant
  摘要：The objective of this study is to examine asymmetric rivalry between strategic groups in a given industry. Two research hypotheses argue for the existence of asymmetric rivalry in the sense that strategic groups of small companies have a greater degree of response but a slower speed of response to the actions of strategic groups of large companies, than vice versa. To test this, we use an ex post approach that examines the news releases published on the strategic actions and reactions of firms...
• The persistence of distance? The impact of technology on MNE motivations for foreign investment AI翻译
  作者：Nachum, L; Zaheer, S
  作者单位：City University of New York (CUNY) System; Baruch College (CUNY); University of Minnesota System; University of Minnesota Twin Cities
  摘要：Why do firms go abroad when technology makes it possible to do business at a distance? We argue that the cost of distance differentially affects investment motivations across industries. We find support for this hypothesis in a study of U.S. inward and outward FDI. Knowledge seeking and efficiency seeking are the two most important explanations for international activity in information-intensive industries, reinforcing the value of intangible resources in this sphere. In less information-inten...