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作者：Carow, K; Heron, R; Saxton, T
作者单位：Indiana University System; Indiana University Indianapolis; IU Kelley School of Business
摘要：We explore whether pioneering advantages exist for early-mover acquirers in industry acquisition waves by examining both combined (target and acquirer) and acquirer stock returns. Combined abnormal returns are higher for acquisitions that occur at the beginning of acquisition waves. However, for acquirers' returns, only strategic pioneers-those acting in manners consistent with having superior information-capture Significant advantages. Specifically, early-mover acquirers who realize superior ...
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作者：Robertson, CJ; Watson, A
作者单位：Northeastern University
摘要：This study examines influences on the level of corruption in countries from a strategic perspective. Corruption is one of the country-level influences on market entry, investment, and other decisions fundamental to strategic management at the international level. The study examines the impact on corruption of change in levels of foreign direct investment (FDI). It uses the Corruption Perceptions Index (CPI) scores computed by Transparency International for 1999 and 2000. Results indicate that ...
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作者：Hatch, NW; Dyer, JH
作者单位：Brigham Young University
摘要：This paper seeks to identify the sources of wide and persistent variations in learning performance in the semiconductor manufacturing industry. In the resource-based view of the firm, human capital is frequently assumed to contribute to competitive advantage due to its inimitability based on its intangible, firm-specific, and socially complex nature. Consistent with this view, we find that investments in firm-specific human capital have a significant impact on learning and firm performance. Mo...
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作者：Cottrell, T; Nault, BR
作者单位：University of Calgary
摘要：This article provides an analysis of product variety and scope economies in the microcomputer software industry by using detailed firm-level and product-level information on firms' bundling of functionalities over application categories and computing platforms. We find that the management of product variety through the way different application categories are integrated in products and the platforms on which these products are offered can be as important as the significance of scope economies ...
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作者：Hoskisson, RE; Cannella, AA Jr; Tihanyi, L; Faraci, R
作者单位：Arizona State University; Arizona State University-Tempe; Texas A&M University System; Texas A&M University College Station; Mays Business School; University of Oklahoma System; University of Oklahoma - Norman; University of Catania
摘要：We examine the relationship of environmental antecedents to asset restructuring in nine French civil law countries in Latin America and Europe. In these countries, business group affiliation helps member firms to access resources, take advantage of environmental opportunities, and neutralize threats. Results indicated that environmental antecedents, such as change in country development, increased competition and deregulation led to increased asset restructuring. More importantly, however, we ...
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作者：Li, SX; Greenwood, R
作者单位：University of Alberta
摘要：This paper examines the effect of diversification upon intra-industry performance. We propose that intra-industry diversification promises three sets of benefits, which, separately and in combination, provide firms with a competitive advantage: synergies arising from economies of scoppe; premiums from mutual forbearance enabled by multi-market competition; and efficiencies derived from market structuration. The additive and integrative effects of the first two have not been explored. The benef...
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作者：Baldridge, DC; Floyd, SW; Markoczy, L
作者单位：Oregon State University; University of Connecticut; University of California System; University of California Riverside
摘要：In this paper, we propose a positive relationship between the academic quality and practical relevance of management research. The basis for this is the idea that academicians and practitioners both value research that is interesting and justified-meaning research that challenges and extends existing belie and research that offers compelling evidence for its conclusions. We acknowledge that there are likely to be many cases where academicians and practitioners disagree on what is interesting a...
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作者：Argyres, NS; Silverman, BS
作者单位：Boston University; University of Toronto
摘要：We explore the link between a firm's organization of research -specifically, its choice to operate a centralized or decentralized R&D structure -and the type of innovation it produces. We propose that by reducing the internal transaction costs associated with R&D coordination across units, centralized R&D will generate innovations that have a larger and broader impact on subsequent technological evolution than will decentralized research. We also propose that, by facilitating more distant ('ca...
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作者：Kim, H; Hoskisson, RE; Wan, WP
作者单位：Korea University; University of Oklahoma System; University of Oklahoma - Norman
摘要：Conceptualizing the keiretsu as a power-dependence system, we propose that benefits accruing from keiretsu affiliation differ across member firms, depending on their power in (or dependence on) the keiretsu. By integrating power with governance and internal market perspectives on group affiliation, we develop and find general support for the hypotheses that powerful keiretsu member firms are able to place more emphasis on growth in pursuing product and international diversification, whereas le...
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作者：Folta, TB; O'Brien, JP
作者单位：Purdue University System; Purdue University; University of Notre Dame
摘要：This paper investigates the influence of industry uncertainty on the decision by established firms to enter a new industry. Specifically, we examine the tension between the option to defer, which discourages entry in the presence of uncertainty, and the option to grow, which may encourage entry in the presence of uncertainty when there art, early mover advantages. Empirical analysis on data from a broad array of industries revealed that the effect of uncertainty on entry is not monotonic. Our ...
