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作者：Bromiley, Philip; Rau, Devaki
作者单位：University of California System; University of California Irvine; Northern Illinois University
摘要：Many studies in strategic management attempt to explain macro-level firm behaviors or characteristics and/or the influence of such behaviors or characteristics on firm performance. Current strategy scholarship, however, rarely considers specific, actual techniques that managers might use to develop strategies or generally applicable firm practices. We propose a practice-based view (PBV) of strategy scholarship to address this gap. In contrast with the resource-based view emphasis on things tha...
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作者：Feldman, Emilie R.; Gilson, Stuart C.; Villalonga, Belen
作者单位：University of Pennsylvania; Harvard University; New York University
摘要：This article investigates how securities analysts help investors understand the value of diversification. By studying the research that analysts produce about companies that have announced corporate spin-offs, we gain unique insights into how analysts portray diversified firms to the investment community. We find that while analysts' research about these companies is associated with improved forecast accuracy, the value of their research about the spun-off subsidiaries is more limited. For bot...
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作者：Poppo, Laura; Zhou, Kevin Zheng
作者单位：University of Kansas; University of Hong Kong
摘要：Despite the centrality of fairness in the moral and social fabric of governance, few studies relate fairness to contracting research. This paper assesses whether fairness accounts for the effects of contractual complexity and contractual recurrence on exchange performance. Based on a sample of 283 buyer-supplier dyads, we find that procedural fairness partially mediates the effect of contractual complexity, whereas distributive fairness partially mediates the effect of contractual recurrence i...
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作者：Chang, Sea-Jin; Wu, Brian
作者单位：National University of Singapore; Korea Advanced Institute of Science & Technology (KAIST); University of Michigan System; University of Michigan
摘要：This study demonstrates that new entrants exhibit higher productivity but also higher exit hazard than incumbents in post-liberalization China. We argue this seemingly paradoxical relationship is attributable to institutional barriers, defined as the hindrance in the institutional environment that prevents market selection forces to function. New entrants require higher productivity to compensate for those institutional barriers, which in turn implies a higher exit hazard after controlling for...
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作者：Giarratana, Marco S.; Mariani, Myriam
作者单位：Bocconi University; Bocconi University
摘要：When firms tap external knowledge sources, they risk spillovers of their own internal knowledge. If the value of this potential loss and the imitation capabilities of neighboring organizations are high, fear of imitation might overshadow the benefits of openness. In such situations, firms might voluntarily reduce their use of external sources, relative to knowledge available internally. Data pertaining to 4,623 European inventions and direct information about the use of knowledge sources confi...
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作者：O'Brien, Jonathan P.; David, Parthiban; Yoshikawa, Toru; Delios, Andrew
作者单位：Rensselaer Polytechnic Institute; American University; Singapore Management University; National University of Singapore
摘要：Extant theories agree that debt should inhibit diversification but predict opposing performance consequences. While agency theory predicts that debt should lead to higher performance for diversifying firms, transaction cost economics (TCE) predicts that more debt will lead to lower performance for firms expanding into new markets. Our empirical tests on a large sample of Japanese firms support TCE by showing that firms accrue higher returns from leveraging their resources and capabilities into...
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作者：Schilling, Melissa A.; Fang, Christina
作者单位：New York University
摘要：The interpersonal network structure of an organization directly influences the diffusion and recombination of ideas and can thus facilitate or impede organizational learning. Most interpersonal networks have 'hubs'-individuals who have significantly more connections than does the average member. This raises important questions about how hubs influence organizational learning outcomes. Does the presence of hubs improve or impair performance? What happens if hubs forget or misrepresent informati...
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作者：Peteraf, Margaret; Di Stefano, Giada; Verona, Gianmario
作者单位：Dartmouth College; Hautes Etudes Commerciales (HEC) Paris; Bocconi University; Bocconi University
摘要：A critical issue has been absent from the conversation on dynamic capabilities: the two seminal papers represent not only different but contradictory understandings of the construct's core elements. Here, we explore the reasons for this, using author cocitation analysis to inform our analysis. Our findings suggest that the field is being socially constructed on the basis of two separate domains of knowledge and that underlying structural impediments have impeded dialog across the domains. In l...
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作者：Yanadori, Yoshio; Cui, Victor
作者单位：University of South Australia; University of Manitoba
摘要：Innovation is a critical organizational outcome for its potential to generate competitive advantage. While the contribution of knowledge workers to the generation of innovation is widely recognized, little is known about how organizational incentive mechanisms stimulate or inhibit these workers' behaviors that promote innovation. This study examines the relationship between pay dispersion in R&D groups and firm innovation using employee-level compensation data in US high-technology firms. The ...
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作者：Mahoney, Joseph T.; Qian, Lihong
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Portland State University
摘要：This paper shows that market frictions are fundamental building blocks for an organizational economics approach to strategic management. Various organizational economic approaches (transaction costs, property rights, real options, and resource-based) have distinctive focal problems and emphasize different combinations of market frictions. A wider recognition of the role of market frictions is useful for three main objectives. First, it helps identify an evolving market-frictions paradigm in st...
