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作者：Greve, Henrich R.; Seidel, Marc-David L.
作者单位：INSEAD Business School; University of British Columbia
摘要：The wide variation in the success of innovations obscures similarities in the process of firms being influenced by other firms when choosing production technology. We argue that diffusion processes are similar across successful and failed innovations. Production asset innovation success results not only from innovation quality differencesearly chance events and subsequent path dependence are also intrinsic to diffusion processes. Thus, diffusion processes do not reliably spread the best innova...
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作者：Laureiro-Martinez, Daniella; Brusoni, Stefano; Canessa, Nicola; Zollo, Maurizio
作者单位：Swiss Federal Institutes of Technology Domain; ETH Zurich; Vita-Salute San Raffaele University; Vita-Salute San Raffaele University; Vita-Salute San Raffaele University; IRCCS Ospedale San Raffaele; Bocconi University; Universidad de los Andes (Colombia)
摘要：This paper studies the cognitive processes that enable decision makers to switch between exploitation and exploration. We use functional magnetic resonance imaging (fMRI) in a sample of expert decision makers to make two main contributions. First, we identify and contrast the specific brain regions and cognitive processes associated with exploitation and exploration decisions. Exploitation activates regions associated with reward seeking, which track and evaluate the value of current choices, ...
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作者：Fuentelsaz, Lucio; Garrido, Elisabet; Maicas, Juan P.
作者单位：University of Zaragoza
摘要：This article examines the influence of complementary resources on the performance of incumbents after a radical technological change. In investigating this relationship, we join the technological management literature and the institution-based view of strategy and maintain that the value of complementary resources is contingent on the institutional environment in which the firm operates. In particular, we submit that formal institutions, both economic and political, moderate the relationship b...
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作者：Chakrabarti, Abhirup
作者单位：Queens University - Canada
摘要：Studies suggest that firms navigating an economic shock can adapt and improve performance by targeting perceived growth opportunities. A puzzle, however, is that an economic shock increases environmental uncertainty and therefore the risk associated with growth reconfiguration. This study finds that growth reduced performance and increased the risk of firm failure during the Asian economic shock of 1997. Growing firms differed in the extent to which they were able to mitigate the constraints i...
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作者：Fosfuri, Andrea; Giarratana, Marco S.; Roca, Esther
作者单位：Bocconi University; Bocconi University; Universidad Carlos III de Madrid
摘要：Corporate sponsorship of events that support social values (e.g., human rights) help firms infuse their products with symbolic meaning, prolonging their life cycle. Yet, higher product prices might spark perceptions that the firm invests in social values for calculative or opportunistic motives, in which case event sponsorship is unlikely to deliver the expected benefits in the form of product longevity. This study explores this potential tension empirically, using data related to sponsored so...
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作者：Arrfelt, Mathias; Wiseman, Robert M.; McNamara, Gerry; Hult, G. Tomas M.
作者单位：Arizona State University; Arizona State University-Tempe; Michigan State University; Michigan State University's Broad College of Business
摘要：Research on the role of the corporate office in firm performance has focused on establishing how much performance variance can be attributed to a corporate effect, with little attention devoted to understanding how this influence occurs. In this study, we model capital allocation competency as a dynamic managerial capability and find that lower levels of allocation competency in the form of excess investment to business units with relatively poorer future prospects reduce business unit perform...
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作者：Kim, Heechun; Hoskisson, Robert E.; Lee, Seung-Hyun
作者单位：University System of Georgia; Georgia State University; Rice University; University of Texas System; University of Texas Dallas
摘要：This study examines firm profitability differences among new multinational enterprises (NMNEs) pursuing geographic diversification into two distinct types of geographic locations based on the development of strategic factor markets. Building on strategic factor markets theory, we propose that firm-specific advantages of NMNEs contribute differentially to firm profitability because they evolve differently given strategic factor market differences in host compared to home countries. Using a samp...
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作者：Cain, D. M.; Moore, D. A.; Haran, U.
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作者：Durand, Rodolphe; Vergne, Jean-Philippe
作者单位：Hautes Etudes Commerciales (HEC) Paris; Western University (University of Western Ontario)
摘要：In stigmatized industries characterized by social contestation, hostile audiences, and distancing between industry insiders and outsiders, firms facing media attacks follow different strategies from firms in uncontested industries. Because firms avoid publicizing their tainted-sector membership, when threatened, they can respond by divesting assets from that industry. Our analyses of the arms industry demonstrate that media attacks on the focal firm and its peers both increase the likelihood o...
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作者：Judge, William Q.; Witt, Michael A.; Zattoni, Alessandro; Talaulicar, Till; Chen, Jean Jinghan; Lewellyn, Krista; Hu, Helen Wei; Shukla, Dhirendra; Bell (Robert), R. Greg; Gabrielsson, Jonas; Lopez, Felix; Yamak, Sibel; Fassin, Yves; McCarthy, Daniel; Rivas, Jose Luis; Fainshmidt, Stav; Van Ees, Hans
作者单位：Old Dominion University; INSEAD Business School; Bocconi University; University of Erfurt; University of Southampton; University of Wyoming; University of Melbourne; University of New Brunswick; Lund University; Universidad de Valladolid; Galatasaray University; Vlerick Business School; Ghent University; Northeastern University; Instituto Tecnologico Autonomo de Mexico; State University System of Florida; Florida International University; University of Groningen
摘要：Prior studies of IPO underpricing, mostly using agency theory and single-country samples, have generally fallen short. In this study, we employ the knowledge-based view (KBV) to explore underpricing across 17 countries. We find that agency indicators are insignificant predictors, board of director knowledge limits underpricing, and external knowledge both substitutes for and complements internal board knowledge. This third finding suggests that future KBV studies should consider how internal a...
