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作者:Delios, A; Henisz, WJ
作者单位:National University of Singapore; University of Pennsylvania
摘要:We find support for the role of experimental learning in the international expansion process by extending the stages model of internationalization to incorporate a sophisticated consideration of temporal and cross-national variation in the credibility of the policy environment. Using a sample of 3857 international expansions of 665 Japanese manufacturing firms, we build on the concepts of uncertainty and experimental learning, to show that firms that had gathered relevant types of internationa...
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作者:Helfat, CE; Peteraf, MA
作者单位:Dartmouth College
摘要:This article introduces the concept of the capability lifecycle (CLC), which articulates general patterns and paths ill the evolution of organizational capabilities over lane. The capability lifecycle provides a structure for a more, comprehensive approach to dynamic resource-based theory. The analysis incorporates the founding, development, and maturity of capabilities ill a manner that helps to explain the sources of heterogeneity in organizational capabilities. In addition, the analysis inc...
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作者:Hayward, MLA
作者单位:University of Colorado System; University of Colorado at Colorado Springs
摘要:This study examines the conditions in which professional firms use client engagements to get clients to subsequently hire them. The central thesis is that professional firms derive power from their specialized expertise and lead clients towards complex problems that apply the expertise. In particular, relative to cash-financed acquisitions, stock-financed acquisitions more intensively apply investment banks' expertise. Consistent with expectations, results from a sample of 404 acquisitions sho...
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作者:Kotabe, M; Martin, X; Domoto, H
作者单位:New York University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:We study sources of operational performance improvement in supplier partnerships. We argue that supplier performance will benefit most where time-bound relational assets have developed between a buyer and supplier and the firms exploit the resulting communication efficiency by transferring productive knowledge. We examine the effects of two forms of knowledge exchange together with the prior duration of the buyer-supplier relationship. We find similar interaction patterns in two survey samples...
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作者:Denrell, J; Fang, C; Winter, SG
作者单位:University of Pennsylvania; New York University; National University of Singapore; Stockholm School of Economics
摘要:As emphasized by Barney (1986), any explanation of superior profitability must account for why the resources supporting such profitability could have been acquired for a price below their rent-generating capacity. Building upon the literature in economics on coordination failures and incomplete markets, we suggest a framework for analyzing such strategic factor market inefficiencies. Our point of departure is that a strategic opportunity exists whenever prices fail to reflect the value of a re...
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作者:Tippins, MJ; Sohi, RS
作者单位:University of Wisconsin System; University of Nebraska System; University of Nebraska Lincoln
摘要:Many companies have developed strategies that include investing heavily in information technology (IT) in order to enhance their performance. Yet, this investment pays off for some companies but not others. This study proposes that organization learning plays a significant role in determining the outcomes of IT. Drawing from resource theory and IT literature, the authors develop the concept of IT competency. Using structural equations modeling with data collected from managers in 271 manufactu...
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作者:Henderson, J; Cool, K
作者单位:Babson College; INSEAD Business School
摘要:Previous research has provided conflicting arguments and evidence on which corporate governance system-bank based or market based-is better in preventing managers from investing in value-destroying projects. This paper attempts to further the debate by comparing the effect of these different corporate governance systems on preventing capacity expansion bandwagon behavior in the worldwide petrochemical industry in the period 7975-95. Our study shows, first, that neither system is particularly e...
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作者:Nachum, L
作者单位:City University of New York (CUNY) System; Baruch College (CUNY)
摘要:This study was inspired by the observation that foreign financial service firms operating in the City of London do not suffer the liability of foreignness to the extent suggested by theory. To examine the reasons for this departure from theory, the study advances a theoretical framework that distinguishes between three types of advantages that together account for the competitive performance of MNEs relative to that of indigenous firms. Empirical analyses of a sample of 296 foreign financial s...
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作者:Lin, XH; Germain, R
作者单位:University of Louisville; University of Windsor
摘要:This study develops a model grounded in the contingency theory (i.e., context-structure-performance) applicable to Chinese state-owned enterprises (SOEs). Using data from a sample of 205 industrial SOEs, the study shows that SOE growth performance relative to the industry is positively predicted by formal control, inversely predicted by decentralization, and positively predicted by the interaction of the two. Customer product knowledge utilization, unrelated to growth performance relative to t...
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作者:Makadok, R
作者单位:Emory University
摘要:This paper models the joint impact of two determinants of profitable resource advantages: the accuracy of managers' expectations about the future value of a resource, and the severity of agency problems that cause managers' interests to diverge from those of shareholders. While the impact of each of these factors on resource-investment decisions has been considered in isolation, their joint interaction effect has never been examined. The model generates the following set of testable hypotheses...