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作者:Adner, R
作者单位:INSEAD Business School
摘要:B v identifying the possibility that technologies with inferior performance can displace established incumbents, the notion of disruptive technologies, pioneered by Christensen (1997), has had a profound effet on the way in which scholars and managers approach technology competition. While the phenomenon of disruptive technologies has been well documented, the underlying theoretical drivers of technology disruption are less well understood. This article identifies the demand conditions that en...
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作者:Marginson, DEW
作者单位:University of Manchester
摘要:The relationship between management control systems (MCS) and the strategy process is a largely unexplored area of strategic management. This paper reports the findings of an in-depth, longitudinal case study of a major British-based organization operating within the increasingly globalized telecommunications industry. Informed by Simons' (1991, 1994, 1995) theoretical model of the strategy process-MCS relationship, the study examines the nature and extent of this relationship at middle- and l...
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作者:Garcia-Pont, C; Nohria, N
作者单位:Harvard University; University of Navarra
摘要:The alliance dynamics among the 35 largest firms in the worldwide automobile industry indicates that the likelihood of an alliance between any two firms depends on the local density of alliances among the members of their strategic groups, rather than on the global density of alliances in the industry. These results suggest that firms most closely observe and imitate the strategic behavior of firms who occupy the same strategic niche rather than the behavior of firms in their industry defined ...
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作者:Mata, J; Portugal, P
作者单位:Universidade Nova de Lisboa; Banco de Portugal
摘要:We compare the survival of new domestic and foreign-owned firms. We analyze the determinants of the survival of new firms and investigate whether foreignness accounts for significant differences in the survival of new foreign and new domestic firms. We find survival to be determined by ownership advantages, size and growth strategies, the internal organization of firms, and by industry characteristics such as economies of scale, and industry entry and growth. After controlling for these charac...
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作者:Wright, P; Kroll, M; Lado, A; van Ness, B
作者单位:University of Memphis; University of Louisiana System; Louisiana Technical University; University System of Ohio; Cleveland State University; Kansas State University
摘要:In this study, we examine in an agency-theoretic context the influence of executive equity stakes upon corporate strategy and firm value. We argue that beneficial, risk-increasing corporate strategies may initially be emphasized but non-value-maximizing, risk-reducing strategies may subsequently be emphasized as managers expand their stock ownership. We alternatively contend that stock options may have a consistently positive impact on firm risk taking and acquisition returns. The empirical fi...
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作者:Vermeulen, F; Barkema, H
作者单位:University of London; London Business School; Tilburg University
摘要:Many potential benefits of foreign expansion have been identified in the literature, yet empirical support that multinational firms perform better than domestic firms is mixed. This paper takes a longitudinal perspective and argues that how much a firm benefits from having foreign subsidiaries depends on its process of internationalization. We argue that a firm's capacity to absorb expansion is subject to constraints: some expansion patterns increase profitability less than others, owing to di...
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作者:Johnson, JP; Korsgaard, MA; Sapienza, HJ
作者单位:Rollins College; University of South Carolina System; University of South Carolina Columbia; University of Minnesota System; University of Minnesota Twin Cities
摘要:Previous research examining the effectiveness of international joint ventures (IJVs) has focused on differences in the backgrounds and bargaining power of IJV parent firms, while little attention has been given to the IJV itself. This study takes a different perspective by examining the relationship between IJV parent firms and the IJV. Specifically, we examine how IJV and parent involvement in strategic decision-making influences the IJV management team's commitment to the IJV and to the pare...
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作者:Worren, N; Moore, K; Cardona, P
作者单位:McGill University; University of Navarra
摘要:Recent theorizing has proposed that modular product and process architectures are key enablers of strategic flexibility. We formulated an integrative conceptual model encompassing antecedents, contributing factors, and outcomes of modularity. We then tested this model on data from managers in U.S. and U.K. home appliance companies using structural equations modeling. The results indicate a positive relationship between modular product architectures and performance, with product model variety a...
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作者:Capron, L; Pistre, N
作者单位:INSEAD Business School
摘要:In this study, we explore the conditions under which acquirers earn abnormal returns. We provide an empirical test of Barney and Chatterjee's arguments by examining the role of the respective resource contribution of the target and the acquirer. Combining an event study with a surrey of postacquisition resource transfer on a sample of 101 horizontal acquisitions, rove find that acquirers do not earn abnormal returns when they only receive resources from the target. In this case, it is likely t...
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作者:Miller, KD
作者单位:Purdue University System; Purdue University
摘要:In recent years, sociologists and economists have given increased attention to studying religious organizations. Their writings raise unresolved issues related to topics within strategic management.. This study brings theoretical perspectives from strategic management together with those of sociology and economics to understand the organizational and competitive aspects of religion. The initial portion of this article examines the nature of religions production, competition, and organization. ...