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作者：Fang, Xiang; So, Kut C.; Wang, Yunzeng
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; University of California System; University of California Irvine; University of California System; University of California Riverside
摘要：We consider a contract manufacturer who procures multiple components from independent suppliers to produce an assemble-to-order customized product for a client. The unit price of the product depends on the manufacturer's delivery lead time. We explore how the manufacturer can use a vendor-managed consignment inventory (VMCI) scheme to manage the underlying risk and coordinate independent suppliers' decisions on the production quantities of their components under demand uncertainty. We formulat...
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作者：Tucker, Catherine E.
作者单位：Massachusetts Institute of Technology (MIT)
摘要：Firms introducing network technologies ( whose benefits depend on who installs the technology) need to understand which user characteristics confer the greatest network benefits on other potential adopters. To examine which adopter characteristics matter, I use the introduction of a video-messaging technology in an investment bank. I use data on its 2,118 employees, their adoption decisions, and their 2.4 million subsequent calls. The video-messaging technology can also be used to watch TV. Ex...
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作者：Kumar, Praveen; Turnbull, Stuart M.
作者单位：University of Houston System; University of Houston
摘要：Recent court decisions, starting with the State Street decision in 1998, allow business methods to be patentable and now give financial institutions the option to seek patent protection for financial innovations. This new patentability paradigm and the heterogeneity of characteristics associated with financial innovations pose an immediate decision problem for senior management: what to patent. We present a parsimonious decision framework that answers this question. We show that for innovation...
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作者：Ghemawat, Pankaj; Thomas, Catherine
作者单位：University of Navarra; IESE Business School; Columbia University
摘要：Agglomeration in foreign direct investment (FDI) is typically attributed to location-specific characteristics such as natural resource advantages or production-related spillovers between multinational firms. The increasing collocation of the largest global firms in the cement industry since the 1980s is not easily attributed to either of these explanations. This paper draws on theories of multimarket contact to test whether strategic interaction across national markets has influenced the succe...
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作者：Novak, Sharon; Stern, Scott
作者单位：Massachusetts Institute of Technology (MIT); Northwestern University
摘要：This paper examines the impact of vertical integration on the dynamics of performance over the automobile product development life cycle. Building on recent work in organizational economics and strategy, we evaluate the relationship between vertical integration and different dimensions of product performance. Outsourcing facilitates access to cutting-edge technology and the use of high-powered performance contracts. Vertical integration allows firms to adapt to unforeseen contingencies and cus...
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作者：Mendelson, Haim; Parlaktuerk, Ali K.
作者单位：Stanford University; University of North Carolina; University of North Carolina Chapel Hill
摘要：We study a market with customers who have heterogeneous preferences for product attributes. We consider two types of firms that compete on price and product variety: A traditional firm, which chooses a limited set of product configurations, and a customizing firm, which can produce any configuration to order. The traditional firm carries product inventories and experiences a lead-time delay. The customizing firm does not carry inventory, and its customers incur waiting costs until they receive...
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作者：Hopp, Wallace J.
作者单位：University of Michigan System; University of Michigan
摘要：For over half a century, Management Science has promoted scientific research into the practice of management. Because management is a vast and complex activity, early researchers tended to adopt a reductionist approach by concentrating on narrow subproblems. As a result, the journal was initially dominated by studies of tactical issues and quantitative solution techniques. But recent publication trends suggest that scholars are turning their attention to broader, more realistic management issu...
