-
作者:Chung, Hyuck David; Zhou, Yue Maggie; Choi, Christine
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Michigan System; University of Michigan; University of North Carolina; University of North Carolina Chapel Hill
摘要:Research SummaryHow will a platform firm's diversification affect its existing business? Using datasets on the rideshare and food delivery businesses in New York City, we find that the launch of Uber Eats reduced Uber's and Lyft's rideshare trip volumes, but these effects were weaker during rush hours. Additional theoretical and empirical analyses suggest that, while platform diversification enables complementors to share some resources across businesses, it may also create opportunities for c...
-
作者:Bergh, Donald D.; D'Oria, Laura; Crook, T. Russell; Roccapriore, Ashley
作者单位:University of Denver; Iowa State University; University of Tennessee System; University of Tennessee Knoxville; Auburn University System; Auburn University
摘要:Research SummaryThe knowledge-based view (KBV) claims that knowledge is the most important strategic resource because it is the strongest determinant of firm competitive advantage and the glue that pulls resources together. We examine this assertion through a meta-analysis of the accumulated evidence on the relationships among strategic resources and firm performance (stock market, financial performance, and growth). Findings from 348 samples reporting 248,136 firm-level observations show that...
-
作者:Wang, Enlan; Fiss, Peer C.
作者单位:University of Missouri System; University of Missouri Columbia; University of Southern California
摘要:Research Summary This study introduces category interaction codes-knowledge regarding the expected interactions around entities in a given category-as a critical dimension of category strategy. Through historical analysis of Wang Laboratories in the early computer industry, we demonstrate how these codes shape strategic categorization and competitive dynamics. We show that firms can exploit ambiguous interaction codes to access advantageous decision makers and organizational routines, circumve...
-
作者:Bort, James; Wiklund, Johan; Yu, Wei
作者单位:DePaul University; Syracuse University; National University of Singapore
摘要:Research SummaryThis study investigates how sales and employment growth shape employee job satisfaction in startups. Grounded in Penrosean growth theory and related literature, we propose an inverted U-shaped relationship, where excessive growth triggers the Penrose Effect and impairs employee job satisfaction. Analysis of multilevel data reveals modest support for this relationship in employment growth, which is stronger for firms undergoing rapid workforce expansion. Exploratory text analysi...
-
作者:Choi, Sukwoong; Kang, Hyo; Kim, Namil; Kim, Junsik
作者单位:State University of New York (SUNY) System; University at Albany, SUNY; Seoul National University (SNU); Yonsei University; Harvard University
摘要:Research SummaryWe study how humans learn from artificial intelligence (AI), leveraging an introduction of an AI-powered Go program (APG) that unexpectedly outperformed the best professional player. We compare the move quality of professional players to APG's superior solutions around its public release. Our analysis of 749,190 moves demonstrates significant improvements in players' move quality, especially in the early stages of the game where uncertainty is highest. This improvement was acco...
-
作者:Park, Eunyoung; Lange, Donald; Jeon, Chunhu
作者单位:Hong Kong University of Science & Technology; Arizona State University; Arizona State University-Tempe; Morgan State University
摘要:Research SummaryThis study examines whether U.S. corporate executives would adopt a stronger stakeholder orientation if constraints imposed by shareholder litigation risk were relaxed. Leveraging the staggered adoption of Universal Demand (UD) laws across states as a quasi-experimental setting, we test whether reduced litigation risk leads to managers prioritizing broader stakeholder initiatives. We find that firms increase stakeholder-focused efforts following UD law adoption, with this shift...
-
作者:Chattopadhyay, Shinjinee; Honore, Florence; Won, Shinjae
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Wisconsin System; University of Wisconsin Madison; University of Illinois System; University of Illinois Urbana-Champaign
摘要:Research SummaryHigh-tech startups develop technologies, the market applicability of which can vary widely, enabling startups to target a range of market segments. Using a question-driven approach to contrast startups with and without academic founders, we investigate the difference in the market applicability between the two groups on a sample of 988 startups in the artificial intelligence (AI) field. Our findings reveal that academics' pursuit of basic research drives the creation of general...
-
作者:Jeong, Yujin; Siegel, Jordan I.
作者单位:American University; University of Michigan System; University of Michigan
摘要:Research SummaryWe examine the relationship between political competition, corporate bribery, and corporate contributions to politically connected charities, and whether there is a shift from covert to concealed corporate nonmarket action as political competition increases. Panel analysis using rare corporate bribery and charity donations panel data from South Korea reveals that as political competition increases, corporate bribery decreases, whereas corporate contributions to politically conn...
-
作者:Amengual, Matthew; Distelhorst, Greg
作者单位:University of Oxford; University of Toronto; University of Toronto
摘要:Research SummaryCorporate social performance depends not only on a firm's behavior but also on the behavior of its suppliers. What management strategies improve the social performance of suppliers? Scholarship on inter-firm relations and regulatory governance debates the efficacy of threatening to penalize suppliers, compared with more cooperative approaches. This study uses a regression discontinuity design to estimate the causal effects of typical actions to manage supplier social performanc...
-
作者:Hashai, Niron; Asmussen, Christian Geisler; Drori, Netanel
作者单位:Reichman University; University of Manchester; Alliance Manchester Business School; Copenhagen Business School
摘要:Research SummaryWe present novel theoretical arguments suggesting that the contraction of international market presence does not only allow firms to expand their presence into new business domains, but also to resume their international market presence in the long term. We argue that when firms contract their international market presence, they spark two subsequent processes: First, they free up non-scale free financial resources that become available for expanding into new business domains. S...