-
作者：Raj, Manav; Eggers, J. P.
作者单位：University of Pennsylvania; New York University
摘要：Research Summary We explore how the emergence of digital distribution platforms (DDPs), platforms that facilitate transactions between consumers and incumbents, affects industry structure and competition. Studying the effect of delivery platforms on restaurants in the United States from 2012 to 2018, we show that DDP emergence increases exit and concentration and reduces business dynamism. We provide speculative evidence that these changes are driven by both an increase in inter-firm competiti...
-
作者：Howell, Travis; Hall, Todd A.
作者单位：Arizona State University; Arizona State University-Tempe; University of Kansas
摘要：Research Summary The conventional wisdom both in research and in practice is that entrepreneurs need co-founders, as they bring crucial resources to new ventures. Yet, this same work also suggests that co-founders introduce destructive conflict, potentially creating as many problems as they solve. Surprisingly, little work examines the counterfactual-that is, the conditions under which solo-founding is a viable approach. In this paper, we address this gap. We perform two studies; one using dat...
-
作者：Denrell, Jerker; Christensen, Michael; Knudsen, Thorbjorn; Liu, Chengwei
作者单位：University of Warwick; Frankfurt School Finance & Management; Imperial College London
摘要：Research Summary How should organizations manage learning dynamics? Strategy theories suggest more-is-better-fast, frictionless sharing enhances performance-while organizational learning theory warns that less-is-more, as fast learning causes premature convergence. We reconcile this tension by showing that the less-is-more prediction depends critically on a key assumption in classic computational models: that information about agents' performance is not continuously updated. When performance i...
-
作者：Bhatia, Nandil; Cai, Wei; Srivastava, Sameer B.
作者单位：Columbia University; University of California System; University of California Berkeley
摘要：Research Summary In evaluative contexts, evaluatees typically seek to present themselves in a favorable light, while evaluators ask penetrating questions to assess these claims. Here we develop a framework to identify curveball questions: ones that are on-topic yet perplexing (i.e., difficult to predict) relative to past discourse. We develop a language-based measure of curveball questions and apply it to a corpus of quarterly earnings calls. After validating this question-level measure, we ne...
-
作者：Chang, Melody H.; Assenova, Valentina A.
作者单位：University of Southern California; University of Pennsylvania
摘要：Research Summary While startup accelerators often benefit founders and their ventures, these gains may not be uniform. We examine how founders' pre-entry knowledge-the cumulative education, industry experience, and entrepreneurial exposure that teams acquire prior to launching their startups-shapes the heterogeneous returns to accelerator participation. We propose two potential mechanisms driving these returns: knowledge compensation, whereby accelerators fill gaps in basic knowledge and compe...
-
作者：Oyedeji, Bukky Akinsanmi
作者单位：University of London; London Business School
摘要：Research Summary I examine the understudied effects of perceived non-transferable knowledge on labor market choices after firm-initiated turnover. Using a large, nationally representative dataset, I assess how workers' perceptions of knowledge transferability, expectations to remain at a firm, and type of turnover experienced correlate with the decision to engage in entrepreneurship. I find that the release of workers with perceived non-transferable knowledge into the external environment thro...
-
作者：Abolfathi, Niloofar
作者单位：Singapore Management University
摘要：Research Summary This paper examines how heterogeneous YouTube content creators-specifically, single-homing and multihoming channels-respond to a sudden increase in the exposure of the rival platform, Twitch. Contrary to expectations, I find that multihoming channels reduce their content creation efforts and underperform relative to single-homers. To make sense of these surprising results, I develop a formal model that characterizes the strategic behavior of different types of complementors op...
-
作者：Marchetti, Arianna; Puranam, Phanish
作者单位：Singapore Management University; INSEAD Business School
摘要：Research Summary Are less hierarchical firms organized around stronger cultures instead? We analyze 1.5 million employee reviews on Glassdoor.com from 23,000 US-based firms, alongside data on managerial hierarchy estimated from 42 million professional social media profiles. Our findings confirm a negative association between managerial hierarchy and organizational culture strength. We explore two potential explanations for this association: Functional equivalence between the two, and culture f...
-
作者：Heydari, Babak; Chattopadhyay, Shinjinee; Padhee, Soumyakant; Karim, Samina
作者单位：Northeastern University; Northeastern University; University of Illinois System; University of Illinois Urbana-Champaign; Northeastern University
摘要：Research Summary We examine how firms should allocate their inventors to network locations to achieve their best innovation performance. We use an NK model to model the interactions between key factors that influence a firm's innovation: (a) individuals' embeddedness within the firm's network, (b) individuals' heterogeneity across their search distance as well as their adoption (i.e., imitation) propensity, and (c) the complexity of the firm's landscape. We find that in high-complexity landsca...
-
作者：Piezunka, Henning; Klapper, Helge; Vetter, Michael; Henkel, Joachim
作者单位：University of Pennsylvania; Purdue University System; Purdue University; Technical University of Munich
摘要：Research Summary What role do collaborations with a target's partners play in an acquisition, and how do these collaborations evolve post-acquisition? Research suggests that these collaborations are an important reason to acquire but often diminish post-acquisition. But if they tend to diminish, why are they a reason to acquire? Our analysis of acquirers' motives of 143 acquisitions of firms that collaborate with partners on 298 open-source projects resolves the outlined puzzle and reveals two...
