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作者:Clarkson, Gavin; Toh, Puay Khoon
作者单位:University of Minnesota System; University of Minnesota Twin Cities; University of Houston System; University of Houston
摘要:To explain resource heterogeneity, past research focuses on how rivals' resources are hidden from firms and firms accordingly have difficulties accessing them. We argue that resource heterogeneity may also arise when firms are deterred from a technological space upon being shown what resources rivals already possess within that space. To illustrate this deterrence effect, we use patent reexamination certificates, which indicate strategic stakes within a technological space without materially d...
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作者:Arino, Africa; Ring, Peter Smith
作者单位:University of Navarra; IESE Business School; Loyola Marymount University
摘要:We report on data from a revelatory qualitative case study of a failed attempt to form an international joint venture (IJV) agreement. We analyze issues related to distributive, procedural, interpersonal, and informational fairness and the roles of their occurrence in the course of the formation stage of an IJV. We find that perceptions of fairness types shape the partners' decision making logics (a property rights logic, a control rights logic, and a relational quality logic), which in turn i...
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作者:Corredoira, Rafael A.; Rosenkopf, Lori
作者单位:University of Pennsylvania; University System of Maryland; University of Maryland College Park
摘要:While mobility's effect on knowledge transfer to firms that hire mobile employees is well demonstrated, we choose to explore mobility's effect on knowledge transfer to firms that lose these employees. Focusing on this 'outbound mobility' allows its to isolate effects of social mechanisms associated with mobility. We find that semiconductor firms losing employees are more likely to subsequently cite patents of firms hiring these employees, suggesting that mobility-driven knowledge flows are bid...
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作者:Garrette, Bernard; Castaner, Xavier; Dussauge, Pierre
作者单位:Hautes Etudes Commerciales (HEC) Paris; University of Lausanne
摘要:This study investigates why firms choose to undertake product expansion through alliances with competitors rather than on their own. We highlight product heterogeneity, as a determinant of this make or ally choice. We propose that firms turn to horizontal alliances in order to implement product expansion projects that require greater resources than those available to them. More precisely, we hypothesize that a firm. is more likely to launch a new product through a horizontal alliance rather th...
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作者:Jonsson, Stefan; Regner, Patrick
作者单位:Uppsala University; Stockholm School of Economics
摘要:Imperfectly imitable resources are central in contemporary analysis of sustainable competitive advantage. While prior work has focused on limitations on the ability to imitate, we argue that it is only a third step in an imitation procedure that also involves the identification of what to imitate and the willingness to imitate. In this study we focus on this last step of unwillingness to imitate due to institutionalized professional norms on product appropriateness. Drawing on institutional th...
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作者:Henkel, Joachim
作者单位:Technical University of Munich
摘要:The concept of risk is central to strategy research and practice. Yet, the expected positive association between risk and return, familiar from financial markets, is elusive. Measuring risk as the variance of a series of accounting-based returns, Bowman obtained the puzzling result of a negative association between risk and mean return. This finding, known as the Bowman paradox, has spawned a remarkable number of publications, and various explanations have been suggested. The present study con...
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作者:Lin, Zhiang (John); Peng, Mike W.; Yang, Haibin; Sun, Sunny Li
作者单位:University of Texas System; University of Texas Dallas; City University of Hong Kong
摘要:What drives mergers and acquisitions (M&As) in different intsitutional environments? This article builds on the resource dependence perspective and argues that networks, learning, and institutions represent three building blocks that can enhance our understanding of the drivers behind M&As. Specifically, we consider firms as learning actors embedded in network relations and influenced by institutional development, and compare and contrast firms' acquisition activities across the United States ...
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作者:Wang, Heli C.; He, Jinyu; Mahoney, Joseph T.
作者单位:Hong Kong University of Science & Technology; University of Illinois System; University of Illinois Urbana-Champaign
摘要:The resource-based view of the firm emphasizes the role of firm-specific resources, especially firm-specific knowledge resources, in helping a firm to achieve sustainable competitive advantage. However, the deployment of firm-specific knowledge often requires key employees to make specialized human capital in vestments that are not easily redeployable to other settings. Thus, ill the absence of effective safeguards and trust building devices, employees with foresight may be reluctant to make s...
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作者:Aggarwal, Vikas A.; Hsu, David H.
作者单位:University of Pennsylvania
摘要:This study empirically examines the determinants of heterogeneous firm-level cooperative R&D commercialization strategies. While the volume of interfirm collaboration has increased dramatically in recent decades, the determinants of firm-level choices among alternate modes of such cooperative activity remain relatively understudied. We develop a conceptual model of factors determining collaborative mode choice at the organizational portfolio level. These factors include the firm-level appropri...
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作者:Choi, Jaepil; Wang, Heli
作者单位:Hong Kong University of Science & Technology
摘要:We examine the effect of a firm's relations with its nonfinancial stakeholders, including its employees, suppliers, customers, and communities, on the persistence of both superior and inferior financial performance. In particular, integrating and extending the resource-based view of the firm and stakeholder management literatures, we develop the arguments that good stakeholder relations not only enable a firm with superior financial performance to sustain its competitive advantage for a longer...