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作者：Levitas, Edward; McFadyen, M. Ann
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; University of Texas System; University of Texas Arlington
摘要：The effective holding awl management of liquid assets is critical to success in research-intensive industries. The primary output of invention is new knowledge. However, because of its 'sticky' characteristics, knowledge may not easily diffuse to external shareholders, leading to knowledge assymetries between managers/employees and external suppliers of capital. Main, valuable R&D projects may thus fail to attract external financing, limiting a firm's ability to invest in R&D. In this study, w...
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作者：Kacperczyk, Aleksandra
作者单位：University of Michigan System; University of Michigan
摘要：Using takeover protection as an indicator of corporate governance, this study examines how an exogenous shift in power from shareholders to managers affects corporate attention to non-shareholding stakeholders. Two competing hypotheses are entertained. The shareholder view predicts that stronger takeover protection will lead to a decrease in corporate attention to shareholders and non-shareholding stakeholders alike, as managers divert resources from shareholders to the pursuit of their privat...
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作者：Miller, Kent D.; Fabian, Frances; Lin, Shu-Jou
作者单位：Michigan State University; Michigan State University's Broad College of Business; University of Memphis; Chang Gung University
摘要：This study examines the participation of firms in online communities as a means to enhance demand their products. We begin with theoretical arguments and then develop a simulation model to illustrate how demand evolves as a function of interpersonal communication and a firm's chosen strategy. In this model. the firm's strategy involves allocating advocates who promote its product in online communities. Our model results point to some key parameters informing firms, strategies when social learn...
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作者：Xavier Molina-Morales, F.; Teresa Martinez-Fernandez, M.
作者单位：Consejo Superior de Investigaciones Cientificas (CSIC); Universitat Jaume I
摘要：This study aims to provide a better understanding of the effect of social. networks on innovation through the analysis of territorial agglomerations of firms. Critical voices argue that the same mechanisms that form the basis of efficient, continuous improvements of clustered firms can also be considered as limitations. We suggest that the impact of social capital decreases beyond a certain point of development In fact, the effect of social interactions and trust on firm value creation can be ...
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作者：Holcomb, Tim R.; Holmes, R. Michael, Jr.; Connelly, Brian L.
作者单位：State University System of Florida; Florida State University; Louisiana State University System; Louisiana State University; Auburn University System; Auburn University
摘要：The current study investigates a central premise of the resource-based view of the firm-that managers are a potential source of value creation for the firm. Using data from professional sports teams, we test theory regarding the effects of managerial ability, human resource stocks, and managers' actions on resource value creation. While results indicate managerial ability affects resource productivity, this effect is less pronounced with increases in the quality of firm resources. Further, we ...
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作者：Lim, Elizabeth Ngah-Kiing; Das, Shobha S.; Das, Amit
作者单位：University of Connecticut; Nanyang Technological University
摘要：We use agency, theory to predict the influence of related and unrelated product diversification on a firm's level of debt financing. Further, we argue that the link between diversification and capital structure is moderated by the environment in which firms operate. Using SAS PROC MIXED, we fit a mixed-effects model to our unique six-year longitudinal dataset (1995-2000) of 245 publicly listed Singapore firms. Our data spans the period of the Asian Financial Crisis (1997-1998). We find that fi...
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作者：Kirsch, David; Goldfarb, Brent; Gera, Azi
作者单位：University System of Maryland; University of Maryland College Park
摘要：We explore a well-known instance of fast decision making under high uncertainty, venture capital (VC) opportunity, screening. We analyze a sample of 722 funding requests submitted to all American VC firm and evaluate the influence of the form of the submission and content of business planning documents on VC funding decisions. We improve on prior literature by a) using a large sample of known representativeness, b) relating request characteristics to actual VC decisions, and c) developing an i...
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作者：Zhang, Yan; Li, Haiyang; Schoonhoven, Claudia Bird
作者单位：Rice University; University of California System; University of California Irvine
摘要：In this study, we examine how intercommunity relationships affect the growth of organizational communities. Using a unique panel dataset on 53 technology development communities in China spanning 1988-2000, we found that regional community density, a community's geographic proximity to the nearest community and its domain overlap with the nearest community have an inverted U-shaped relationship with the community's growth. These non-monotonic results suggest that adjacent communities have both...
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作者：Schreiner, Melanie; Kale, Prashant; Corsten, Daniel
作者单位：Rice University; University of Konstanz; IE University
摘要：Strategy scholars have asserted that a firm's allilance capability provides competitive advantage. As interest in alliance capability has grown, we see two streams of research emerge that address different, but equally important, issues related to this subject: one stream that focuses on how alliance capability develops in firms, and a second stream that investigates what elements specifically constitute a firm's alliance capability. In recent literature, the question of how firms develop alli...
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作者：Wiersema, Margarethe F.; Bowen, Harry P.
作者单位：University of California System; University of California Irvine
摘要：Strategy researchers are increasingly turning their attention from examining the impact of strategic choices on firm performance to examining the factors that determine strategic choices at the firm level. This shift of research orientation has meant that researchers are increasingly faced with a limited dependent variable (LDV) that takes a limited number of usually discrete values, for which LDV methods such as logit or probit are required. Despite their growing popularity, there appears to ...
