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作者:Devarakonda, Shivaram V.; Goossen, Martin C.; Mulotte, Louis
作者单位:Nanyang Technological University; Old Dominion University; Tilburg University
摘要:Research SummaryThis study explores the decision to centralize control over technological resources. We posit that opportunity costs arising from the firm's administrative structure impact this choice. These opportunity costs stem from differences in identifying and evaluating opportunity sets between the unit level (decentralized) and headquarters level (centralized). We propose that a resource's versatility increases the opportunity costs associated with decentralized control, thereby raisin...
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作者:Birhanu, Addis Gedefaw; Gambardella, Alfonso
作者单位:emlyon business school; Bocconi University
摘要:Research SummaryThis article examines the relationship between family ownership and patent use strategy using primary data from a patent survey, as well as patent and firm-level data from secondary sources. The findings reveal that family firms are less likely than non-family firms to license their patents and more likely to internally commercialize them. We show that the decision of family firms to license less does not depend on lower patent quality or inefficient patent use. Instead, it ari...
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作者:Ross, David Gaddis; Shin, Dong Hyun
作者单位:State University System of Florida; University of Florida; City University of Hong Kong; State University System of Florida; University of Florida
摘要:Research Summary: Extant research offers conflicting views about the size and nature of gender-related disparities in venture financing and venture performance. We theorize that gender-related frictions in debt financing, the most common source of capital for new ventures, materially impair the performance of women-led ventures but that these frictions decline with financial development. We find strong support for these predictions in a meta-analysis of 63 primary studies in which we use finan...
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作者:Hietaniemi, Liinus; Santamaria, Simone; Kacperczyk, Aleksandra; Peltonen, Juhana
作者单位:University of Navarra; IESE Business School; National University of Singapore; University of London; London Business School; Abo Akademi University
摘要:Research Summary: The timing of talent acquisition is a central decision for new ventures. On one hand, hiring after demand is proven minimizes losses. On the other hand, hiring before demand is proven allows new ventures to start developing unique capabilities. We resolve this tension by proposing that the timing depends on human resource redeployability. We test our theory with the population of Finnish ventures showing that portfolio entrepreneurs hire more employees early on because of hig...
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作者:Seidl, David; Ma, Shenghui; Splitter, Violetta
作者单位:University of Zurich; Fudan University; University of Oxford
摘要:Research Abstract: Strategy as practice is one of the most vibrant approaches to strategy research. Yet, there is significant ambiguity around what characterizes an activity as strategic and thus as falling into the domain of strategy as practice. In this article, we address this fundamental concern by differentiating four distinctive views of what qualifies activities as strategic: (1) activities that have important consequences, (2) activities that are labeled strategic, (3) activities carri...
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作者:Wang, Yanbo; Siegel, Jordan; Li, Jizhen
作者单位:University of Hong Kong; University of Michigan System; University of Michigan; Tsinghua University
摘要:Research summaryThis study utilizes the administrative data of an innovation grant program in a major emerging economy to study which firms are best positioned to capture the state and access resources beyond what their rule-complying merits command. We trace the grant allocation process and directly observe occurrences of rule-violating funding. We show that firms vary in capability to secure irregular awards, depending on factors such as geographic proximity and the social and bureaucratic s...
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作者:Csaszar, Felipe A.; Hinrichs, Nicole; Heshmati, Mana
作者单位:University of Michigan System; University of Michigan; University of Washington; University of Washington Seattle
摘要:Research SummaryExternal representations, particularly visuals, are important in strategic decision-making. However, their pervasiveness and impact are not well understood in the strategy literature. Based on cognitive science research, we identify four cognitive functions crucial to strategic decision-making that benefit from using external representations. We also propose a conceptual model and propositions that explain how the quality of strategic decision-making depends on the interactions...
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作者:Frake, Justin; Hagemann, Andreas; Uribe, Jose
作者单位:University of Michigan System; University of Michigan; Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要:Research Summary: Collider bias can cause spurious correlations when researchers condition on a variable that is caused by-or shares a common cause with-both the outcome and the exposure variable. Despite its threat to inference, empirical research in strategy and management has largely overlooked the issue of collider bias. We distinguish colliders from other threats to identification and estimation and illustrate its importance with replications of published work suggesting that having a wom...
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作者:Hong, A-Sung
作者单位:Aarhus University; Aarhus University
摘要:Research SummaryAlthough patent races of leading technology firms have garnered significant attention in the prior literature, it remains unclear how the outcome of a patent race affects subsequent firm-level innovation. Drawing on agency theory, we propose that losing a patent race drives firms to pursue more technological innovation than winning due to managerial concerns. To investigate the mechanism, we hypothesize that the positive impact of a lost race on a firm's innovation is more pron...
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作者:Raj, Manav
作者单位:University of Pennsylvania
摘要:Research SummaryPlatforms create value by connecting users to complementors offering goods or services. Complementors compete on platforms but may also benefit each other by drawing demand to the platform, which may then spillover from one complementor to another. This tension raises the question: When are relationships between complementors competitive versus complementary? To help address this question, I apply theory on agglomeration-driven demand spillovers to examine when on-platform dema...