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作者：Krieger, Joshua L.; Schnitzer, Monika; Watzinger, Martin
作者单位：Harvard University; University of Munich; University of Munster; Harvard University
摘要：Research SummaryToday's innovations rely on scientific discoveries of the past, yet only some corporate R&D builds directly on scientific output. In this article, we analyze U.S. patents to investigate how firms generate value by building on prior art closer to science. We show that patent value is decreasing in distance-to-science. Overall, we find a science premium within firms ranging from 5.0 to 18.3%. If we allow for firm sorting into different modes of R&D based on their relative advanta...
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作者：Testoni, Marco
作者单位：University of Miami
摘要：Research SummaryWhile competition in the market for corporate control determines firms' ability to capture value from acquisitions, there is limited evidence of factors that influence such competition. This study explores whether airline routes intensify competition in this market and affect the target's returns. Targets can become better connected to distant latent acquirers (DLAs), which can increase the targets' bargaining power. Similarly, better connectivity can allow acquirers to reach d...
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作者：Lee, Hyeonsuh; Shah, Sonali K.; Agarwal, Rajshree
作者单位：West Virginia University; University of Illinois System; University of Illinois Urbana-Champaign; University System of Maryland; University of Maryland College Park
摘要：Research SummaryWe inductively examine how the careers of employee entrepreneurs unfold, uncovering the role of motives and attribution for failure. Founders expressing organizational misalignment motives for leaving established organizations engaged in venture crafting whereby they actively sought to build well-functioning organizations. They built successful initial ventures and careers. Founders lacking organizational misalignment motives generally founded initial ventures that failed: howe...
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作者：Li, Xu
作者单位：University of London; London School Economics & Political Science
摘要：Research SummaryHow should firms respond to technological discontinuities in order to achieve greater performance? In contrast to most studies that advocate a timely transition from the old to the new technology, this paper posits that in markets where a discontinuous technology exposes customers' latent preference heterogeneity for certain old technology attributes, firms may ultimately experience a performance surge by adhering to the old technology during technological change. Explicitly, I...
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作者：Harrison, Joseph S.; Boivie, Steven; Stern, Ithai; Porac, Joseph
作者单位：University of Tennessee System; University of Tennessee Knoxville; Texas A&M University System; Texas A&M University College Station; Mays Business School; INSEAD Business School; New York University
摘要：Research SummaryThis study extends recent findings that inventor CEOs increase innovative output in large established firms by examining how their involvement in the innovative process influences the nature of innovations produced. Our theory suggests that inventor CEOs who take a hands-on approach to innovation lead their firms to engage in more exploitative rather than exploratory innovation. We further posit that this effect is particularly strong for insider inventor CEOs, and especially f...
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作者：Stroube, Bryan K.; Waguespack, David M.
作者单位：University of London; London Business School; University System of Maryland; University of Maryland College Park; University of London; London Business School
摘要：Research SummaryExtant research finds that status characteristics such as gender are frequently related to average quality evaluations by external audiences, but little is known about whether such characteristics are also related to consensus in quality evaluations. We examine 383 million film ratings by consumers to document that female-lead movies elicit less consensus in quality evaluations than male-lead movies. In split-sample analyses, we find that male raters are more negative than fema...
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作者：Splitter, Violetta; Seidl, David; Whittington, Richard
作者单位：University of Oxford; University of Zurich; University of Oxford
摘要：Research SummaryRecent trends toward inclusive strategy processes raise the issue of how employees acquire the discursive competence necessary to gain senior management attention. Building on the emergent dynamic attention-based view's (DABV) emphasis on communicative interaction, we ethnographically track an inclusive strategy process in a large insurance company. We find that employees typically failed to gain CEO attention because they lacked the discursive competence to integrate their ope...
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作者：Tsolmon, Ulya
作者单位：Washington University (WUSTL); Washington University (WUSTL)
摘要：Research Summary This study examines the role of information in the gender gap in the executive labor market from the market frictions perspective. I ask whether increases in objective and reliable information about managerial quality close the gender gap in career advancements. To obtain exogenous variation in the availability of information, I exploit a natural experiment provided by the adoption of the International Financial Reporting Standards (IFRS) in 2005 by the European Union countrie...
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作者：Huang, Kenneth G.; Li, Mei-Xuan; Shen, Carl Hsin-Han; Wang, Yanzhi
作者单位：National University of Singapore; National University of Singapore; National Taiwan University; Macquarie University; National Taiwan University
摘要：Research SummaryNon-practicing entities (NPEs) are firms that accumulate and acquire patents but do not further develop or implement the patented inventions (known as patent trolling). NPEs seek to receive royalties or profits through out-of-court settlements in patent infringement cases. We examine how firms targeted by NPEs in NPE-initiated litigations (i.e., target firms) shift their innovation strategies and trajectories in response to heightened litigation risks. We theorize and show that...
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作者：Polidoro, Francisco; Yang, Wei
作者单位：University of Texas System; University of Texas Austin; China Europe International Business School; University of Texas System; University of Texas Austin
摘要：Research SummaryRecognizing the role of complementors in creating value in interdependent platform ecosystems, strategy research has recently started to examine performance heterogeneity across complementors. However, research has thus far focused on the performance implications of dynamics unfolding within a particular ecosystem. We take a step toward exploring influences that arise beyond the focal ecosystem by focusing conceptually on multihoming. We argue that multihoming to another platfo...
