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作者：Garcia-Castro, Roberto; Aguilera, Ruth V.
作者单位：University of Navarra; IESE Business School; University of Illinois System; University of Illinois Urbana-Champaign; Universitat Ramon Llull; Escuela Superior de Administracion y Direccion de Empresas (ESADE)
摘要：There is a renewed interest among strategy scholars in the relationship between stakeholder theory and the dynamics of value creation-appropriation in firms. Further advancements in this field are arguably impeded by an incomplete conceptualization and measurement of value and by scant characterization of the different patterns of stakeholder value appropriation. We develop a conceptual frameworkbased on an analytical taxonomy of value creation and appropriationconsistent with a more complete ...
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作者：Patel, Pankaj C.; Kohtamaki, Marko; Parida, Vinit; Wincent, Joakim
作者单位：Ball State University; University of Vaasa; Lulea University of Technology; Hanken School of Economics
摘要：According to the perspective of entrepreneurial orientation-as-experimentation, entrepreneurial orientation (EO) increases variability in innovation outcomes. Although increased variability in the innovation portfolio could increase performance, it could also lead to a decline in performance. We propose that absorptive capacity plays a role in both increasing and managing variations in innovation outcomes. Potential absorptive capacity enhances the effects of EO on variability in innovation ou...
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作者：Chen, Guoli; Crossland, Craig; Luo, Shuqing
作者单位：INSEAD Business School; University of Notre Dame; National University of Singapore
摘要：Firms often make mistakes, from simple manufacturing overruns all the way to catastrophic blunders. However, there is considerable heterogeneity in the nature of corporate responses when faced with evidence that an error has taken place, and, therefore, in the likelihood that such errors will reoccur in the future. In this paper, we explore an important but understudied influence on firms' responses to corrective feedbacka CEO's level of overconfidence. Using multiple distinct measures of over...
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作者：Phadnis, Shardul; Caplice, Chris; Sheffi, Yossi; Singh, Mahender
作者单位：Massachusetts Institute of Technology (MIT)
摘要：We present the results of three field experiments demonstrating the effect of scenario planning on field experts' judgment of several long-range investment decisions. Our results show, contrary to past findings, that the use of multiple scenarios does not cause an aggregate increase or decrease in experts' confidence in their judgment. Rather, expert judgment changes in accordance with how an investment fares in a given scenario: it becomes more favorable if the investment is found to be usefu...
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作者：Blettner, Daniela P.; He, Zi-Lin; Hu, Songcui; Bettis, Richard A.
作者单位：Simon Fraser University; Tilburg University; Tilburg University; University of Arizona; University of North Carolina; University of North Carolina Chapel Hill
摘要：Organizations learn and adapt their aspiration levels based on reference points (prior aspiration, prior performance, and prior performance of reference groups). The relative attention that organizations allocate to these reference points impacts organizational search and strategic decisions. However, very little research has explored this. Therefore, we build a recursive feedback model of learning from organizational experience that explains heterogeneity of attention allocation to the refere...
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作者：Gupta, Anuja; Hoopes, David G.; Knott, Anne Marie
作者单位：Washington University (WUSTL); Rutgers University System; Rutgers University Camden; Rutgers University New Brunswick; California State University System; California State University Dominguez Hills
摘要：One factor affecting the replicability of routines is the template of what gets replicated. There isn't much work on where this comes from. One view is that the routine is discovered over time. Another view is that in some cases firms prefer to copy the last incarnation exactly. A third view is that in completely new contexts, neither evolution nor copy-exactly is completely appropriate. In those instances firms need to redesign the routine prior to introducing it to the new context. We conduc...
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作者：Joseph, John; Gaba, Vibha
作者单位：Duke University; INSEAD Business School
摘要：This study examines firms' responses to performance assessments relative to multiple aspiration levels. We argue that comparisons of performance to multiple aspiration levels over time affects the interpretative clarity of feedback and, consequently, shapes a firm's responsiveness. We further conceptualize the relationship between performance relative to social and historical aspirations as ambiguous, inconsistent, and consistent performance feedback. Empirically, we examine the effectson firm...
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作者：Zheng, Weiting; Singh, Kulwant; Mitchell, Will
作者单位：Hong Kong Polytechnic University; National University of Singapore; University of Toronto; Duke University
摘要：Several studies suggest that political ties help firms survive or perform but do not examine the boundary conditions concerning which types of firms and which type of ties help firms. We draw from resource dependence and resource-based theories to argue that political ties can improve both firm survival (labeled buffering) and performance (labeled enabling), with weaker firms gaining more from buffering and stronger firms gaining more from enabling. We further examine the relative impact of lo...
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作者：Dencker, John C.; Gruber, Marc
作者单位：Northeastern University; Swiss Federal Institutes of Technology Domain; Ecole Polytechnique Federale de Lausanne
摘要：Much prior research in entrepreneurship has focused on the role of the founder's knowledge in affecting new firm performance. Yet, little is known about how and why the entrepreneurial opportunity itself shapes outcomes in this arena. We begin filling in this critical gap in the literature by examining how the riskiness of the opportunity not only affects start-up performance, but also conditions the relevance of the founder's distinct knowledge endowments. Analyses of a sample of 451 new firm...
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作者：Alcacer, Juan; Dezso, Cristian; Zhao, Minyuan
作者单位：Harvard University; University System of Maryland; University of Maryland College Park; University of Michigan System; University of Michigan
摘要：We explore a fundamental aspect of firms' location choices largely overlooked in the literature: strategic interaction. We formalize the notion that strategic interaction renders collocation less appealing by fostering competition, which erodes firms' profits. Strategic interaction also impacts location choices across time. Specifically, because firms learn by doing in markets, location choices are shaped by two novel effects: entrenchment benefits from entering early in a market and improving...
