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作者：Miller, DJ
作者单位：Tulane University
摘要：While agency theory claims managerial self-interest creates a diversification discount, strategic theory explains that firms with certain kinds of resources should diversify. Longitudinal data oil 227 firms that diversify between 1980 and 1992 reveal that the sample firms invest less in R&D and have greater breadth of technology (based on patent citations) than their industry peers prior to the diversification event. Also, acquiring firms may appear to have lower performance because of account...
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作者：Almeida, P; Phene, A
作者单位：Utah System of Higher Education; University of Utah; Georgetown University
摘要：This paper studies the influcence of external knowledge on innovation in subsidiaries of multi-national firms. The focus on subsidiaries is especially interesting since they are simultaneously embedded in two knowledge contexts: (a) the internal multinational corporation (MNC) comprised of the headquarters and other subsidiaries; and (b) an external environment of regional or host country firms. We develop hypotheses to suggest that the extent of influences of these contexts on subsidiary tech...
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作者：Feinberg, SE; Gupta, AK
作者单位：University System of Maryland; University of Maryland College Park
摘要：Research on R&D location choice by MNCs has focused largely on host country factor endowments and overlooked the role that the potential to capture and utilize knowledge spillovers from competitors may also play in determining such choices. Using a large-scale panel database of the foreign subsidiaries of U.S.-based MNCs in above-average R&D-intensive industries, we examine the extent to which external spillover opportunities as well as internal firm-specific capabilities to utilize such knowl...
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作者：Ray, G; Barney, JB; Muhanna, WA
作者单位：University System of Ohio; Ohio State University; University of Texas System; University of Texas Austin
摘要：A growing body of empirical literature supports key assertions of the resource-based view. However, most of this work examines the impact of firm-specific resources on the overall performance of a firm. In this paper it is argued that, in some circumstances, adopting the effectiveness of business processes as a dependent variable may be more appropriate than adopting overall firm performance as a dependent variable. This idea is tested by examining the determinants of the effectiveness of the ...
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作者：David, RJ; Han, SK
作者单位：McGill University; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Transaction cost economics (TCE) is one of the leading perspectives in management and organizational studies, yet debate continues regarding its empirical support. In this paper, we take stock of the large body of extant research and provide a systematic assessment of empirical evidence. In all, 308 statistical tests from 63 articles, selected according to a set of clear criteria, were examined across various dimensions. We assess not only the level of empirical support for the theory, but als...
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作者：Delios, A; Henisz, WJ
作者单位：National University of Singapore; University of Pennsylvania
摘要：We find support for the role of experimental learning in the international expansion process by extending the stages model of internationalization to incorporate a sophisticated consideration of temporal and cross-national variation in the credibility of the policy environment. Using a sample of 3857 international expansions of 665 Japanese manufacturing firms, we build on the concepts of uncertainty and experimental learning, to show that firms that had gathered relevant types of internationa...
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作者：Helfat, CE; Peteraf, MA
作者单位：Dartmouth College
摘要：This article introduces the concept of the capability lifecycle (CLC), which articulates general patterns and paths ill the evolution of organizational capabilities over lane. The capability lifecycle provides a structure for a more, comprehensive approach to dynamic resource-based theory. The analysis incorporates the founding, development, and maturity of capabilities ill a manner that helps to explain the sources of heterogeneity in organizational capabilities. In addition, the analysis inc...
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作者：Hayward, MLA
作者单位：University of Colorado System; University of Colorado at Colorado Springs
摘要：This study examines the conditions in which professional firms use client engagements to get clients to subsequently hire them. The central thesis is that professional firms derive power from their specialized expertise and lead clients towards complex problems that apply the expertise. In particular, relative to cash-financed acquisitions, stock-financed acquisitions more intensively apply investment banks' expertise. Consistent with expectations, results from a sample of 404 acquisitions sho...
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作者：Kotabe, M; Martin, X; Domoto, H
作者单位：New York University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：We study sources of operational performance improvement in supplier partnerships. We argue that supplier performance will benefit most where time-bound relational assets have developed between a buyer and supplier and the firms exploit the resulting communication efficiency by transferring productive knowledge. We examine the effects of two forms of knowledge exchange together with the prior duration of the buyer-supplier relationship. We find similar interaction patterns in two survey samples...
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作者：Denrell, J; Fang, C; Winter, SG
作者单位：University of Pennsylvania; New York University; National University of Singapore; Stockholm School of Economics
摘要：As emphasized by Barney (1986), any explanation of superior profitability must account for why the resources supporting such profitability could have been acquired for a price below their rent-generating capacity. Building upon the literature in economics on coordination failures and incomplete markets, we suggest a framework for analyzing such strategic factor market inefficiencies. Our point of departure is that a strategic opportunity exists whenever prices fail to reflect the value of a re...
