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作者：Chatain, Olivier; Plaksenkova, Elena
作者单位：Hautes Etudes Commerciales (HEC) Paris; University System of Ohio; Ohio State University
摘要：Research Summary Alignment of incentives to improve value creation in ecosystems is crucial to their growth and survival. We examine how two fundamental ecosystem features affect alignment: types of complementarities and their interplay with multi-sided bargaining over value. Using a formal model, we find that multi-sided bargaining typically causes misalignment, in patterns that vary dramatically depending on the type of complementarities. For instance, we find that multiplicative complementa...
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作者：Taeuscher, Karl; Zhao, Eric Yanfei; Lounsbury, Michael
作者单位：University of Manchester; Alliance Manchester Business School; University of Oxford; University of Alberta
摘要：Research Summary When and why do producers change the categorization of their offerings? Prior categorization research assumes that producers engage in ongoing efforts to proactively optimize their categorical positioning, but this assumption may not hold for many producers due to their limited attentional capacity. Our theoretical account instead highlights the role of expectation violation cues-salient pieces of information indicating a violation of audience expectations-as triggers that can...
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作者：Hosseini, Mohammad; Quelin, Bertrand V.
作者单位：Western University (University of Western Ontario); Hautes Etudes Commerciales (HEC) Paris
摘要：Research Summary This study examines how legal design shapes contractual governance in public-private partnership (PPP). We argue that PPP-specific laws do not simply strengthen institutional safeguards; by varying in detail, they also alter the flexibility available for project-level contracting. Highly specific laws better constrain governmental discretion but raise adaptation costs, making user-pay contracts, where private partners bear demand risk and rely on market-responsive adjustment, ...
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作者：Tong, Tony W.; He, Wenlong; Chen, Liang; He, Zi-Lin; Lu, Jiangyong
作者单位：University of Colorado System; University of Colorado Boulder; Renmin University of China; Singapore Management University; Tilburg University; Peking University
摘要：Research Summary While changes in intellectual property rights (IPR) protection significantly shape firm innovation, the mechanisms driving firms' responses remain poorly understood. Leveraging the Second Amendment to China's Patent Law, which strengthens appropriability particularly for state-owned enterprises (SOEs), as a natural experiment, we show that stronger IPR has mixed effects on SOEs' innovation. While SOEs increase the rate of innovation subsequent to the Amendment, they shift the ...
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作者：Jeong, Seung-Hwan; Kang, Saehee; Byron, Kris
作者单位：University System of Georgia; University of Georgia; State University System of Florida; Florida State University; University System of Georgia; Georgia State University
摘要：Research Summary Scholars have found that female representation in strategic leadership is often positively associated with firm performance, though the underlying mechanisms remain unclear. Prior explanations emphasize top-down effects, considering how female leaders shape strategic decision-making or influence legitimacy. We propose a complementary, bottom-up view: female top managers foster employee participation, which is positively associated with firm performance. Using a unique panel da...
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作者：Borchardt, Wayne G.; Lovallo, Dan P.; Samuelsson, Mikael; da Silva, Ayrton
作者单位：Universidade Nova de Lisboa; University of Sydney; University of Cape Town
摘要：Research Summary Overconfidence is widely known to influence firm decision-making. Yet there remains confusion regarding the concept because it comprises three key aspects: overplacement, overestimation, and overprecision. Using archival data, we employ a firm-level overconfidence construct to simultaneously analyze the impacts of both overestimation and overprecision. Based on proxies derived from management earnings guidance, overestimation has a sizeable, negative impact on firm performance...
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作者：Choudhury, Prithwiraj; Moeen, Mahka; Wormald, Audra
作者单位：University of London; London School Economics & Political Science; University of Wisconsin System; University of Wisconsin Madison; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：Research Summary Abduction offers a mode of scientific inquiry that focuses on formulating explanations for unexplained phenomena. By building a bridge between philosophy of science and strategic management research, this article offers a pluralistic view of abduction, highlighting abductive triggers as the starting point in seeking explanations and the essential role of both creative and selective abduction in formulating explanations. Additionally, this article provides practical guidance fo...
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作者：Breschi, Stefano; Gagliardi, Luisa; Yoon, Thomas
作者单位：Bocconi University; Bocconi University; University of Liverpool
摘要：Research Summary Organizations have become increasingly ethnically diverse, and this diversity often brings together distinct technological competencies. Understanding how firms can leverage such diversity to produce valuable innovations therefore becomes essential. This study investigates how ethnic integration within inventor collaboration networks, and its interaction with ethnic diversity, influence the economic value of innovation. Using patent and co-inventor data from 890 publicly trade...
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作者：Agarwal, Rajshree; Campbell, Benjamin; Carnahan, Seth; Choi, Joonkyu
作者单位：University System of Maryland; University of Maryland College Park; University System of Ohio; Ohio State University; Washington University (WUSTL); Federal Reserve System - USA; Federal Reserve System Board of Governors
摘要：Research Summary We examine variation in high-technology startups' performance based on founders' pre-entry experiences by developing a formal model and using confidential employee-employer linked microdata from the United States to examine the empirical consistency of the model propositions. The model posits that relative to insiders, a lack of industry-specific experience creates greater epistemic uncertainty regarding optimal business models at time of entry for outsiders and thus, higher p...
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作者：Adbi, Arzi; Bhaskarabhatla, Ajay; Delios, Andrew
作者单位：National University of Singapore; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：Research Summary Do multinational enterprises from developed (DMNEs) and emerging (EMNEs) economies differ in their price discrimination strategies in Sub-Saharan Africa? Using an abductive approach, we analyze novel data from laundry detergent markets in Cameroon, Ghana, and Ivory Coast, where frugal products are widely consumed. We find that, compared to EMNEs, DMNEs charge smaller price premia for frugal relative to non-frugal products by 21%-28%. We examine several plausible explanations a...
