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作者:Shen, Xirong (Subrina)
作者单位:Hong Kong University of Science & Technology
摘要:Research Summary Firm technological research has the potential to spawn multiple applications. Despite recognizing such potential, past literature disagrees on the process through which firms discover and grow new applications out of their past technological research. I examine this question in the context of deep learning, taking a question-driven approach. Difference-in-difference analysis suggests that firms radically increased cumulative investments in past deep learning research upon sign...
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作者:Eklund, John C.; Mannor, Michael J.
作者单位:University of Southern California; University of Notre Dame
摘要:Research Summary How do analysts react to communication about firms' strategies? Research has shown that executive communication influences markets, but we know little about reactions to the deeper strategy content communicated. Drawing from research on how evaluative frames and expectation violations shape cognition, we show that when executives focus on growth strategies, analysts react by becoming more curious and analytically intensive. These changes in cognition partially mediate a positi...
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作者:Pham, Dong Nghi; Rios, Luis A.; Workiewicz, Maciej
作者单位:Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE); Purdue University System; Purdue University; ESSEC Business School
摘要:Research Summary Organizations often hire employees hoping to acquire new knowledge. While the literature has paid considerable attention to the role of the characteristics of the source of knowledge, the recipient firm, and the knowledge being transferred, it has largely overlooked those of the knowledge being replaced. Using a computational model, we examine how the pre-existing knowledge of the hiring firm-specifically its degrees of internal and external fit-influences its ability to learn...
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作者:Keum, Dongil Daniel; Bhatia, Nandil
作者单位:Columbia University
摘要:Research Summary Prosocial CEOs, characterized by greater concern for their employees, enhance employee motivation but incur higher costs when implementing layoffs. We develop a psychological model of CEO-firm matching wherein negative industry shocks requiring downsizing asymmetrically erode the match quality for prosocial CEOs. Leveraging increases in Chinese import competition, we show that layoff pressures lead to higher rates of both forced and voluntary turnover among prosocial CEOs. The...
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作者:Glauber, Johanna; Kretschmer, Tobias
作者单位:IE University; Imperial College London; University of Munich; Universidade Nova de Lisboa
摘要:Research Summary Co-using tasks-using the same task to produce more than one product-promises economies of scope. However, task co-use also ties products together, changing a firm's task network by introducing cross-product interdependencies. In light of these interdependencies, we identify an unrecognized downside of task co-use for product reliability: Cross-product interdependencies complicate task design and increase the risk of malfunctions. Hence, task co-use may carry a reliability pena...
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作者:Fan, Yang; Litov, Lubomir; Yang, Mu-Jeung; Zenger, Todd
作者单位:Colby College; University of Oklahoma System; University of Oklahoma - Norman; University of Colorado System; University of Colorado Boulder; Utah System of Higher Education; University of Utah
摘要:Research summary: We establish a new paradox surrounding technological uniqueness, defined as the degree to which a firm's patented technology portfolio differs from its competitors. On the one hand, technological uniqueness acts as a barrier to incoming technology spillovers and impedes firm performance. On the other hand, technological uniqueness reduces outgoing technology spillovers and contributes to a strategic resource that is more costly to imitate. We empirically examine these competi...
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作者:Lane, Jacqueline N.; Szajnfarber, Zoe; Crusan, Jason; Menietti, Michael
作者单位:Harvard University; George Washington University; Harvard University
摘要:Research Summary Organizations often struggle to identify promising innovations that balance novelty and feasibility in multidisciplinary domains, yet how does evaluator expertise heterogeneity shape these assessments? This study examines how evaluator expertise influences innovation evaluation through a field experiment with National Aeronautics and Space Administration's (NASA) Astrobee Robotic Arm Challenge, involving 354 evaluators assessing 101 solutions. Domain-spanning evaluators assign...
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作者:Yang, Tiantian; Kacperczyk, Aleksandra (olenka); Naldi, Lucia
作者单位:University of Pennsylvania; University of London; London Business School; Jonkoping University
摘要:Research Summary Prior research has examined whether individuals earn greater returns in entrepreneurship than in wage work but has paid little attention to gender differences in these returns. Using Swedish employee-employer data from 1990 to 2020, we compare individuals' earnings before and after they transitioned to entrepreneurship. We find that women founders earn less than men, yet this gap is smaller than in wage employment. Additionally, entrepreneurship yields disproportionately great...