-
作者:Ozmel, Umit; Yavuz, M. Deniz; Trombley, Tim; Gulati, Ranjay
作者单位:Purdue University System; Purdue University; Illinois State University; Harvard University
摘要:We argue that strong indirect ties are conducive to the transfer of private information, which provides an advantage in identifying profitable investment opportunities. In our context, a strong indirect tie is generated between an investor and a focal firm if the investor was a limited partner of the focal firm's lead venture capital fund. We suggest that an investor can access private information on the focal firm's underlying value through its strong indirect tie to the focal firm via the fo...
-
作者:Gutierrez, Cedric; Astebro, Thomas; Obloj, Tomasz
作者单位:Bocconi University; Bocconi University; Hautes Etudes Commerciales (HEC) Paris; Hautes Etudes Commerciales (HEC) Paris
摘要:We study the behavioral drivers of market entry. An experiment allows us to disentangle the impact on entry across different types of markets of two key behavioral mechanisms: overconfidence and attitude toward ambiguity. We theorize and show that the causal effect of overconfidence on entry is limited to skill-based markets and does not appear in those that are chance based. Moreover, we also find that, independent of confidence levels, individuals exhibit ambiguity-seeking behavior when the ...
-
作者:Lashley, Kisha; Pollock, Timothy G.
作者单位:University of Virginia; University of Tennessee System; University of Tennessee Knoxville
摘要:We explore how minority- and women-owned suppliers lacking hard power manage asymmetric relationships with larger, more powerful buyers in the context of supplier diversity relationships. Weexamine how these suppliers create and use soft power to manage the opportunities and challenges they encounter trying to maintain their positions in large buyers' supply chains. We find that these easily substitutable firms use a variety of information sources to identify and make themselves cognitively ce...
-
作者:Murray, Alex; Kotha, Suresh; Fisher, Greg
作者单位:University of Oregon; University of Washington; University of Washington Seattle; Indiana University System; Indiana University Bloomington
摘要:We examine how entrepreneurs acquire financial resources for their early-stage ventures from distributed non-professionals via crowdfunding. Through an inductive analysis of entrepreneurs' successful and unsuccessful non-equity crowdfunding campaigns, we derive a holistic framework of community-based resource mobilization. Our framework consists of three distinct processes entrepreneurs use to attain financial capital from non-professional resource providers over time: community building to es...
-
作者:Quigley, Timothy J.; Wowak, Adam J.; Crossland, Craig
作者单位:University System of Georgia; University of Georgia; University of Notre Dame
摘要:Research examining board efficacy often focuses on oversight and monitoring, particularly as evidenced by the sensitivity of chief executive officer (CEO) compensation to prior firm performance. In this study, we adopt an alternative perspective on CEO compensation-specifically over/underpayment, or the extent to which a CEO's initial compensation is above or below prevailing market norms-that allows us to assess a board's efficacy via the accuracy of its initial CEO selection and compensation...
-
作者:Tilieman, Suzanne G.; Russo, Michael, V; Neison, Andrew J.
作者单位:University of Montana System; University of Montana; University of Oregon
摘要:The relationship between regionally tied institutional logics and the location of organizations is an important issue in organization theory. Recent work highlights how supportive regional logics can give rise to products or organizations that resonate with these logics and how the geographic patterns that underlie industries may be understood by examining such relationships. This literature has not, however, offered deep attention to the ways in which features of technology-specifically, its ...
-
作者:Gambardella, Alfonso; Khashabi, Pooyan; Panico, Claudio
作者单位:Bocconi University; Bocconi University; Centre for Economic Policy Research - UK; University of Munich
摘要:Management practices explain an important part of the heterogeneity in firm productivity, but the literature has largely focused on manufacturing, while leaving out research in the industrial setting. A key managerial practice in industrial research projects is the use of autonomy (through the delegation of decision rights). Our paper clarifies the drivers and the effects of autonomy in settings where other managerial instruments are less effective. We discuss that in industrial research proje...
-
作者:Cappellaro, Giulia; Tracey, Paul; Greenwood, Royston
作者单位:Bocconi University; University of Cambridge; University of Melbourne; University of Alberta; University of Edinburgh
摘要:We study the introduction of the private logic into a mature Italian hospital that was governed previously as a hybrid of professional and public logics. Intriguingly, the reconstituted hospital was for several years widely praised for its strong clinical and financial performance, but quickly and with little warning, it became riven by political differences that led to its demise. Through our case analysis, we develop a multilevel model that reveals the destabilizing process that can unfold w...
-
作者:Zhang, Letian
作者单位:Harvard University
摘要:This study examines data from 35 countries and 24 industries to understand the relationship between gender diversity and firm performance. Previous studies report conflicting evidence: some find that gender-diverse firms experience more positive performance, and others find the opposite. However, most research to date has focused on a single country or industry and has not accounted for possible variation across social contexts. This paper advances an institutional framework and predicts that ...
-
作者:Danbold, Felix; Bendersky, Corinne
作者单位:New York University; University of California System; University of California Los Angeles
摘要:We tackle the persistent problem of people from specific demographic groups (e.g., women) being undervalued in professional contexts in which traits associated with their group do not align with the traits perceived to be essential for success (the professional prototype). We introduce the concept of balancing professional prototypes such that group membership becomes irrelevant to determining an individual's prototypicality. Using a novel technique called prototype inversion, we emphasize the...