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作者:Pierce, Lamar
作者单位:Washington University (WUSTL)
摘要:This study examines shakeouts in the context of business ecosystems. Market turbulence generated by core firm decisions in competing differentiated ecosystems can generate financial losses and exit for complementary niche market firms. I develop hypotheses predicting which niche markets will suffer larger losses and be more susceptible to shakeouts, and how core firm decisions will drive complementor peformance and survival. I then apply these hypotheses to brand-based differentiated ecosystem...
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作者:Gulati, Ranjay; Lavie, Dovev; Singh, Harbir
作者单位:Harvard University; Technion Israel Institute of Technology; University of Pennsylvania
摘要:We examine the conditions under which the prior partnering experience of firms contributes to value creation in their new alliances. We propose that prior experience with the same partners, that is, 'partner-specific experience,' provides greater benefits than 'general partnering experience' that encompasses all prior alliances with any partner. We further explore some of the boundary conditions for the effects of partner-specific experience. We suggest that the effect of partner-specific expe...
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作者:Uotila, Juha; Maula, Markku; Keil, Thomas; Zahra, Shaker A.
作者单位:Aalto University; University of Minnesota System; University of Minnesota Twin Cities
摘要:The literature suggests that established firms need to balance their exploration and exploitation activities in order to achieve superior performance. Yet, previous empirical research has modeled this balance as the interaction of orthogonal activities. In this study, we show that there is a trade-off between exploration and exploitation and that the optimal balance between exploration and exploitation depends upon environmental conditions. Using a novel methodology to measure the relative exp...
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作者:Agarwal, Rajshree; Ganco, Martin; Ziedonis, Rosemarie H.
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Michigan System; University of Michigan
摘要:'Job hopping' by engineers and scientists is widely heralded as an important channel for knowledge spillovers within industries. Far less is known, however, about the actions firms take to reduce the outward flow of knowledge through markets for skilled labor. This study investigates the efficacy of a lever that has received little research attention: corporate reputations for toughness in patent enforcement. Drawing on unique data on enforcement activity, intra-industry inventor mobility, and...
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作者:Reitzig, Markus; Puranam, Phanish
作者单位:University of London; London Business School
摘要:We develop and test a theoretical framework that describes the organizational antecedents of value appropriation capabilities in the context of obtaining patent protection. We argue that intermediate levels of cross-functional involvement across intellectual property (IP) generation, protection, and utilization activities outperform very high or very low levels of functional specialization in terms of obtaining rapid patent protection; while these activities are distinct enough to generate gai...
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作者:Kalyta, Paul
作者单位:University of Ottawa
摘要:Existing research on managerial compensation is based primarily on optimal contracting and managerial hegemony theories. Under the optimal contracting theory, observed compensation Contracts are optimally determined, aligning the interests of managers and shareholders. Under the managerial hegemony theory, observed compensation contracts deviate from the optimum because lop managers with power oiler boards are able to influence their own pay. I argue that the impact of managerial power over bo...
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作者:Kronborg, Dorte; Thomsen, Steen
作者单位:Copenhagen Business School; Copenhagen Business School
摘要:We study the relative survival of foreign- and domestically owned companies in Denmark over more than a century (1895-2005). Contrary to previous studies that have emphasized the liability of foreignness, we find evidence of a significant survival premium for foreign-owned companies; however, the premium declines over time and disappears entirely in the last decade leading up to 2005. Further evidence indicates that the foreign survival premium is negatively influenced by new foreign entry, an...
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作者:Greve, Henrich R.
作者单位:INSEAD Business School
摘要:Research on the diffusion of technologies that give competitive advantage is needed to understand the role of technology in competition. Predictions on which firms first obtain useful technologies are made by cluster theory, which holds that the diffusion is geographically bounded, and network theory, which holds that adoption is more rapid in central network positions. These predictions can be evaluated using data on the diffusion of supplier innovations that give competitive advantage to fir...
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作者:Ellis, Kimberly M.; Reus, Taco H.; Lamont, Bruce T.
作者单位:State University System of Florida; Florida Atlantic University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; State University System of Florida; Florida State University
摘要:This study explores the independent and interactive effects of procedural justice and informational, justice on post-deal value creation in large, related acquisitions. Our results show that informational justice and procedural justice affect different components of value creation. Procedural justice is critical in realizing market position improvements following the integration process, while informational justice is essential in achieving market position gains during integration and financia...
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作者:Sirmon, David G.; Hitt, Michael A.
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Dynamic managerial capabilities focus on managers resource-related decisions. Asset orchestration, a central component of dynamic managerial capabilities and of resource management, highlights the importance of integrating (matching) resource investment and deployment decisions Building on these recent theoretical advances, we examine the contingent nature of resource investment and deployment decisions. The results, based on a sample of banking firms, indicate that firm performance suffers wh...