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作者:Luo, Xueming; Kanuri, Vamsi K.; Andrews, Michelle
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Fudan University; University of Missouri System; University of Missouri Columbia
摘要:While the direct influence of CEO tenure on firm performance has been examined in the strategy literature, the underlying channels of influence have remained largely unexplored. This article draws upon the career seasons paradigm, learning perspectives, and marketing literature to examine whether firm-employee and firm-customer relationships are the pathways through which CEO tenure influences firm performance. Results from the analysis of a large data set reveal that: (1) CEO tenure has a pos...
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作者:Baumann, Oliver; Stieglitz, Nils
作者单位:University of Southern Denmark; Frankfurt School Finance & Management
摘要:Ideas from employees are a major source of value creation in firms, yet the merits of rewards for incentivizing the generation of ideas are highly contested. Using a computational model, we show that firms can improve performance by offering low-powered rewards for the selection and implementation of employee ideas. Low-powered incentives provide a sufficient stream of good ideas, but few exceptional ones. Higher-powered incentives, in contrast, do not systematically translate into exceptional...
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作者:Love, James H.; Roper, Stephen; Vahter, Priit
作者单位:Aston University; Aston University; University of Warwick; University of Warwick; University of Tartu
摘要:We explore how openness in terms of external linkages generates learning effects, which enable firms to generate more innovation outputs from any given breadth of external linkages. Openness to external knowledge sources, whether through search activity or linkages to external partners in new product development, involves a process of interaction and information processing. Such activities are likely to be subject to a learning process, as firms learn which knowledge sources and collaborative ...
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作者:Jia, Nan
作者单位:University of Southern California
摘要:This paper examines the circumstances under which collective and private corporate political actions are more likely to be substitutes or complements. Using data based on a series of nationwide surveys conducted on privately owned firms in China, I find that firms that are engaged in collective political actions are more likely to pursue private political actions. This positive relationship is stronger in less economically developed provinces and when there are greater opportunities for the st...
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作者:Di Stefano, Giada; King, Andrew A.; Verona, Gianmario
作者单位:Hautes Etudes Commerciales (HEC) Paris; Dartmouth College; Bocconi University
摘要:When will knowledge holders share their knowledge with peers? Several studies suggest that norms of knowledge disclosure encourage knowledge transfer. More recently, scholars have hypothesized that norms of knowledge use may indirectly promote it. In this article, we synthesize a theoretical framework of the effect of norms of knowledge use and test its predictions by means of a field experiment involving more than 500 Italian chefs. For the literature on knowledge transfer, we confirm the imp...
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作者:Mason, Richard; Drakeman, Donald L.
作者单位:University of Cambridge
摘要:A recent study of R&D alliances between new biotechnology firms (NBFs) and pharmaceutical firms investigated how NBFs deal with the swimming with sharks dilemma involved in allying with firms capable of appropriating value. It concludes that NBFs are less likely to select alliance partners with related expertise because of greater appropriation risk. Based on our experience as NBF managers and a survey of NBF executives, we believe that such situations are uncommon, and that the study more lik...
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作者:Conti, Raffaele
作者单位:Universidade Catolica Portuguesa
摘要:This study investigates the impact of non-competition agreements on the type of R&D activity undertaken by companies. Non-competition agreements, by reducing outbound mobility and knowledge leakages to competitors, make high-risk R&D projects relatively more valuable than low-risk ones. Thus, they induce companies to choose riskier R&D projects, such that corporate inventions are more likely to lie in the tails of the inventions' value distribution (as breakthroughs or failures) and be in nove...
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作者:Furlan, Andrea; Cabigiosu, Anna; Camuffo, Arnaldo
作者单位:University of Padua; Universita Ca Foscari Venezia; Bocconi University; Bocconi University
摘要:This study investigates how component technological change affects the relationship between product modularity and organizational modularity (the across-firm mirroring hypothesis). Studying the air conditioning industry, we show that the across-firm mirroring hypothesis does not hold for technologically dynamic components and the associated supply relationships. In this case, the mirror gets misted up with buyers and suppliers having recourse to information sharing even in the presence of high...
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作者:Leitterstorf, Max P.; Rau, Sabine B.
作者单位:WHU - Otto Beisheim School of Management
摘要:Socioemotional wealth (SEW), i.e., the noneconomic utility a family derives from its ownership position in a firm, is the primary reference point for family firms. Family firms are willing to sacrifice economic gains in order to preserve their noneconomic utility. Thus, we argue that family firms sacrifice IPO proceeds by choosing higher IPO underpricing than nonfamily firms if underpricing helps them protect their SEW. Our empirical results, based on a sample of 153 German IPOs, support our h...
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作者:Arora, Ashish; Belenzon, Sharon; Rios, Luis A.
作者单位:Duke University