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作者：Jacobides, MG; Winter, SG
作者单位：University of London; London Business School; University of Pennsylvania
摘要：This paper proposes that transaction costs and capabilities are fundamentally intertwined in the determination of vertical scope, and identifies the key mechanisms of their co-evolution. Specifically, we argue that capability differences are a necessary condition for vertical specialization; and that transaction cost reductions only lead to specialization when capabilities along the value chain are heterogeneous. Furthermore, we argue that there are four evolutionary mechanisms that shape vert...
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作者：Goerzen, A; Beamish, PW
作者单位：University of Victoria; Western University (University of Western Ontario); University Western Ontario Hospital
摘要：This paper examines the impact of alliance network diversity on multinational enterprise (MNE) economic performance. We consider competing hypotheses derived, alternatively, from transaction cost theory and network theory. Using a latent variable structural equation modeling approach on a sample of 580 large MNEs, we find that MNEs with more diverse alliance networks experience lower economic performance on average than those with less diverse alliance networks. Copyright (c) 2005 John Wiley &...
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作者：Echols, A; Tsai, W
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：What is the relationship between niche and performance? We identify two types of niche positions-product niche and process niche-defined by the extent to which a firm offers distinctive products and has distinctive operational processes, respectively. We argue that the effect of each niche on firm performance is contingent upon network embeddedness-the extent to which a firm is involved in a network of interconnected inter-firm relationships. Using data covering the period 1995-98 pertaining t...
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作者：Stevens, JM; Steensma, HK; Harrison, DA; Cochran, PL
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Washington; University of Washington Seattle; Indiana University System; IU Kelley School of Business; Indiana University Indianapolis
摘要：With the recent spate of scandals resulting from the questionable behavior of corporate leaders, there have been calls for various governance mechanisms including ethics codes to guide executive decision-making. However, the extent to which ethics codes are actually used by executives when making strategic choices as opposed to being merely symbolic is unknown. We develop our hypotheses by combining stakeholder management theory and the theory of planned behavior, and test them with a survey o...
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作者：Ahuja, G; Coff, RW; Lee, PM
作者单位：Arizona State University; Arizona State University-Tempe; University of Michigan System; University of Michigan; Emory University
摘要：In order to establish a competitive advantage, firms must acquire or create resources at a price below their value in use. Absent pure lack, this requires managers to exercise foresight about a resource's future value and/or complementarities with pre-existing capabilities. This foresight grants managers the opportunity to exploit information asymmetries for personal gain as well as building organizational capabilities. Nevertheless, there is limited research on the extent Of foresight or how ...
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作者：Simon, D
作者单位：Cornell University
摘要：Empirical research on incumbent pricing responses to new entry has yielded mixed results. Some studies find that incumbents cut prices post entry, while others find that incumbents accommodate entry by leaving prices unchanged (or even raising prices). To better understand these findings, this study explores the conditions under which incumbents are more likely to cut prices when faced with entry. I argue that incumbents vary in their incentives to cut prices; incumbents with greater incentive...
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作者：Hawawini, G; Subramanian, V; Verdin, P
作者单位：Universite Libre de Bruxelles; INSEAD Business School; University of Hong Kong
摘要：We revisit the questions of identification of outlying firms within industries and their impact on the relative importance of firm- and industry-specific factors for firm performance. In response to McNamara, Aime and Valler (2005), we argue that the key results in Hawawini, Subramnian and Verdin (2003) are insensitive to the varying methods used to identify firm outliers. Further, we argue that conducting tests on industry outliers are inconsistent to what is indicated by theory and past empi...
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作者：McEvily, B; Marcus, A
作者单位：Carnegie Mellon University; University of Minnesota System; University of Minnesota Twin Cities
摘要：We build on previous research that explores the external acquisition of competitive capabilities through the embedded ties that firms form in networks and alliances. While information sharing and trust have been theorized to be key features of the interorganizational ties that facilitate the acquisition of competitive capabilities, we argue that these mechanisms provide an incomplete explanation because they do not fully address the partially tacit nature of the knowledge that underlies compet...
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作者：Zaheer, A; Bell, GG
作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of Minnesota System; University of Minnesota Duluth
摘要：While strategy scholars primarily focus on internal firm capabilities and network, scholars typically examine network structure, we posit that firms with superior network structures may, be better able to exploit their internal capabilities and thus enhance their performance. We examine how innovative capabilities-both those of focal firms and those they access through their networks-influence the performance of Canadian mutual fund companies. We find that a firm's innovative capabilities and ...
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作者：Park, NK; Mezias, JM
作者单位：University of Miami; Korea Advanced Institute of Science & Technology (KAIST)
摘要：We treat the sudden technology sector crash as a natural experiment to investigate how dramatic changes in resource availability in the e-commerce sector affect stock market response to interfirm alliances. This environmental jolt demarcated two distinctly different periods of e-commerce resource munificence: pre-crash, characterized by high munificence, and post-crash, characterized by low munificence. Using data on alliances involving 75 e-commerce firms from 1995 to 2001, we find that the s...
