-
作者:Sanders, WG; Boivie, S
作者单位:Brigham Young University; University of Texas System; University of Texas Austin
摘要:New business models combined with a lack of objective operating data result in significant information asymmetry and uncertainty in the valuation of new firms in emerging markets. Information asymmetry increases the risks of both adverse selection and moral hazard. When traditional differentiators of firm quality are lacking, such as in emerging economic sectors, markets may turn to secondary information sources to filter and sort firms. We investigate the roles played by observable corporate ...
-
作者:McEvily, SK; Eisenhardt, KM; Prescott, JE
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Stanford University
摘要:How managers acquire, leverage, and protect technological competencies in order to innovate successfully and enhance firm performance is central to the field of strategic management. When tensions across acquisition, leverage, and protection activities are resolved and synergies are captured, the value derived from technological competencies can be used to fuel a virtuous cycle in which fewer resources are needed to perpetuate a firm's advantage. The papers in this issue examine the mechanisms...
-
作者:Huyghebaert, N; De Gucht, LMV
作者单位:Universite Catholique Louvain
摘要:This paper empirically investigates the forces that shape the post-entry, exit probability of entrepreneurial start-ups, with an emphasis on the impact of incumbents' strategic behavior in financial markets. We find that entrepreneurial start-ups in highly competitive industries are more likely to exit and that leverage compounds this exit risk. However, the latter result only holds when potential adverse selection and moral hazard problems in financial markets are large at start-up. Under the...
-
作者:Lenox, M; King, A
作者单位:Duke University; Dartmouth College
摘要:Theories of absorptive capacity propose that knowledge gained from prior experience facilitates the identification, selection, and implementation of related profitable practices. Researchers have investigated how managers may develop absorptive capacity by building internal knowledge stocks, but few have focused on the distribution of this knowledge within the firm and the role managers play in administering information to organizational subunits. In this paper, we explore the degree to which ...
-
作者:Shamsie, J; Phelps, C; Kuperman, J
作者单位:Michigan State University; Michigan State University's Broad College of Business; University of Washington; University of Washington Seattle; Minnesota State Colleges & Universities; Minnesota State University Moorhead
摘要:For the most part, studies on timing of entry have attempted to determine the advantages that early entrants may be able to develop and hold over subsequent entrants. Given that a large number of firms attempt to enter at a much later stage in the development of the market, it is particularly surprising that little research has attempted to examine the differences in the ability of late movers to penetrate the market. In this paper, we focus exclusively on late movers and examine the extent to...
-
作者:Ramos-Rodríguez, AR; Ruíz-Navarro, J
作者单位:Universidad de Cadiz
摘要:The aim of this paper is to identify the works that have had the greatest impact on strategic management research and to analyze the changes that have taken place in the intellectual structure of this discipline. The methodology is based on the bibliometric techniques of citation and co-citation analysis which are applied to all the articles published in the Strategic Management Journal from its first issue in 1980 through 2000. Copyright (C) 2004 John Wiley Sons, Ltd.
-
作者:Yin, XL; Zajac, EJ
作者单位:Northwestern University; Purdue University System; Purdue University
摘要:Despite widespread recognition of the importance of strategy-structure fit, e.g., diversification and divisionalization, research has yet to address the possibility of similar fit issues for other structural forms of organization, such as the choice of franchised vs. company-owned governance structures. In this study, we depart from the usual debates regarding the superiority of one governance structure over another and argue that performance differences between these two alternative governanc...
-
作者:Spanos, YE; Zaralis, G; Lioukas, S
作者单位:Athens University of Economics & Business; Organisation for Economic Co-operation & Development (OECD)
摘要:The present study examines the impact of firm and industry-specific factors on profitability, using census data on Greek manufacturing. At the firm level, particular attention is given to strategy effects. Based on a modification of Porter's typology, these effects are captured through different forms of both 'pure' and 'hybrid' strategies. Industry effects are represented using industry concentration, entry barriers, and growth. Hypotheses are developed taking into account both previous resea...
-
作者:Skaggs, BC; Youndt, M
作者单位:University of Kentucky; Skidmore College
摘要:This study employs a customer interaction approach to examine how service organizations' strategic positioning relates to their human capital, and how the interaction between strategic positioning and human capital impacts organizational performance. Results from 234 service organizations in 96 different industries indicate very strong relationships between strategic positioning choices and human capital. We also find that certain combinations of strategic positioning and human capital result ...
-
作者:Carmeli, A; Tishler, A
作者单位:Tel Aviv University; Bar Ilan University
摘要:Despite the growing awareness of the importance of researching core strategic resources and activities, the work that has been. done to date has largely taken the form of anecdotal reports and case study analysis. We have yet to see large-sample studies demonstrating how organizational elements, independently, complementarily and interactively, may or may, not enhance the organization's performance. Moreover, little attention has been given to researching this topic in public sector organizati...