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作者:Miller, SR; Parkhe, A
作者单位:Michigan State University; Michigan State University's Broad College of Business; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
摘要:When a company operates outside of its home country, it may suffer a `liability of foreignness.' Does this a priori theoretical expectation hold in the global banking industry? Banks increasingly compete outside of their home countries, and operating environments often differ sharply across countries, both in terms of financial markets and credit risk. In this paper, we report the results of an empirical test of the liability of foreignness in the global banking industry, using Fitch-IBCA Bank...
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作者:Brown, TE; Davidsson, P; Wiklund, J
作者单位:Jonkoping University
摘要:Stevenson (1983) holds that entrepreneurial management, defined as a set of opportunity-based management practices, can help firms remain vital and contribute to firm and societal level value creation. Mule his conceptualization has received much attention, little progress has been made because of a lack of empirical tools to examine his propositions. This article seeks to resolve this by describing a new instrument that was developed specifically for operationalizing Stevenson's conceptualiza...
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作者:Slater, SF; Olson, EM
作者单位:University of Washington; University of Washington Bothell; University of Colorado System; University of Colorado at Colorado Springs
摘要:This paper describes a study that assesses the performance implications of matching marketing strategy to business strategy. In order to conduct this study we first reviewed the literature on marketing strategy to identify its key dimensions. We then conducted a survey of 1000 senior marketing executives about the strategic marketing practices adopted in their respective firms or business units, and developed scales to describe 11 strategic marketing activities. We next performed a K-means clu...
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作者:Hult, GTM; Ketchen, DJ Jr
作者单位:Michigan State University; Michigan State University's Broad College of Business; State University System of Florida; Florida State University
摘要:A recent series of articles in the Strategic Management Journal has discussed the potential value of an organization developing a market orientation in its quest to achieve success. We posit that market orientation can enhance success, but that its potential value should not be considered in isolation. Specifically, we draw on the resource-based view of the firm to suggest that four capabilities - market orientation, entrepreneurship, innovativeness, and organizational learning-each contribute...
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作者:Lu, JW; Beamish, PW
作者单位:National University of Singapore; Western University (University of Western Ontario); University Western Ontario Hospital
摘要:We discuss and explore the effects of internationalization, an entrepreneurial strategy employed by small and medium-sized enterprises (SMEs), on firm performance. Using concepts derived from the international business and entrepreneurship literatures, we develop Sour hypotheses that relate the extent of foreign direct investment (FDI) and exporting activity and the relative toe of alliances, to the corporate performance of internationalizing SMEs. Using a sample of 164 Japanese SMEs to test t...
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作者:Hite, JM; Hesterly, WS
作者单位:Brigham Young University; Utah System of Higher Education; University of Utah
摘要:This paper addresses whether cohesive networks of socially embedded ties or sparse networks rich in structural holes are more conductive to the success of new firms. We propose that the networks of emerging firms evolve in order to adapt to the firm's changing resource needs and resource challenges. As firms emerge, their networks consist primarily of socially embedded ties drawn from dense, cohesive sets of connections. We label these networks identity based. As firms move into the early grow...
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作者:Vicente-Lorente, JD
作者单位:University of Salamanca
摘要:In this work we develop an analytical framework to examine the effects of strategic investments on the financial policy of the firm. From the resource-based approach of the firm, nontradable and difficult-to-copy assets are the basis of a sustainable competitive advantage. However, imperfections in the resource markets can also be interpreted as sources of costs and/or restrictions from a financial point of view. Specificity and opacity are the features of strategic resources that enable us to...
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作者:Golden, BR; Zajac, EJ
作者单位:Western University (University of Western Ontario); University Western Ontario Hospital; Northwestern University
摘要:While boards of directors are usually recognized as having the potential to affect strategic change in organizations, there is considerable debate as to whether such potential is typically realized. We seek to reconcile the debate on whether boards are typically passive vs. active players in the strategy realm by developing a model that specifies when boards are likely to influence organizational strategy and whether such an influence is likely to impel vs. impede change. Specifically, we deve...
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作者:Makadok, R
作者单位:Emory University
摘要:Two distinct causal mehanisms-resource-picking and capability-building-have been proposed in the strategic management literature about how firms create economic rents. Under the resource-picking mechanism, managers gather information and analysis to outsmart the resource market in picking resources, similar to the way that a mutual fund manager tries to outsmart the Stock market in picking stocks. Under the capability-building mechanism, managers design and construct organizational systems to ...
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作者:Park, SH; Luo, YD
作者单位:Rutgers University System; Rutgers University New Brunswick; University of Miami
摘要:This paper focuses on the utilization of guanxi, which is an important cultural and social element in China, and the impact of guanxi on firm performance. Although guanxi is embedded in every aspect of Chinese social life, companies demonstrate different needs and capacity for guanxi cultivation. Chinese firms develop guanxi as a strategic mechanism to overcome competitive and resource disadvantages by cooperating and exchanging favors with competitive forces and government authorities. We dev...