Strategic Management Journal

最新文章

• Ethnic integration and the value of innovation AI翻译
  作者：Breschi, Stefano; Gagliardi, Luisa; Yoon, Thomas
  作者单位：Bocconi University; Bocconi University; University of Liverpool
  摘要：Research Summary Organizations have become increasingly ethnically diverse, and this diversity often brings together distinct technological competencies. Understanding how firms can leverage such diversity to produce valuable innovations therefore becomes essential. This study investigates how ethnic integration within inventor collaboration networks, and its interaction with ethnic diversity, influence the economic value of innovation. Using patent and co-inventor data from 890 publicly trade...
• Flying high or crashing down: Pre-entry knowledge, post-entry learning, and the distribution of startup performance AI翻译
  作者：Agarwal, Rajshree; Campbell, Benjamin; Carnahan, Seth; Choi, Joonkyu
  作者单位：University System of Maryland; University of Maryland College Park; University System of Ohio; Ohio State University; Washington University (WUSTL); Federal Reserve System - USA; Federal Reserve System Board of Governors
  摘要：Research Summary We examine variation in high-technology startups' performance based on founders' pre-entry experiences by developing a formal model and using confidential employee-employer linked microdata from the United States to examine the empirical consistency of the model propositions. The model posits that relative to insiders, a lack of industry-specific experience creates greater epistemic uncertainty regarding optimal business models at time of entry for outsiders and thus, higher p...
• Do multinational enterprises from developed and emerging economies differ in their price discrimination strategies? Evidence from Africa AI翻译
  作者：Adbi, Arzi; Bhaskarabhatla, Ajay; Delios, Andrew
  作者单位：National University of Singapore; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
  摘要：Research Summary Do multinational enterprises from developed (DMNEs) and emerging (EMNEs) economies differ in their price discrimination strategies in Sub-Saharan Africa? Using an abductive approach, we analyze novel data from laundry detergent markets in Cameroon, Ghana, and Ivory Coast, where frugal products are widely consumed. We find that, compared to EMNEs, DMNEs charge smaller price premia for frugal relative to non-frugal products by 21%-28%. We examine several plausible explanations a...
• Curious and analytical: How analysts evaluate and respond to executive communications about firm strategy AI翻译
  作者：Eklund, John C.; Mannor, Michael J.
  作者单位：University of Southern California; University of Notre Dame
  摘要：Research Summary How do analysts react to communication about firms' strategies? Research has shown that executive communication influences markets, but we know little about reactions to the deeper strategy content communicated. Drawing from research on how evaluative frames and expectation violations shape cognition, we show that when executives focus on growth strategies, analysts react by becoming more curious and analytically intensive. These changes in cognition partially mediate a positi...
• The perils of a soft start: Initial conditions, early strategy selection, and small firm performance AI翻译
  作者：Eaglin, F. Christopher
  作者单位：Duke University
  摘要：Research SummaryThis article analyzes the impact of initial conditions on firm strategy selection and performance amongst small firms in emerging markets. Leveraging a proprietary dataset from a minibus taxi financier in South Africa, I estimate the impact of lower than expected fuel prices in the first 3 months of operation on a critical strategic choice: asset utilization. Firms receiving this fuel shock are more likely to operate fewer days, drive fewer kilometers, and work fewer hours. Thi...
• Learning by helping: Evidence from Chinese brokerages' community CSR AI翻译
  作者：Li, Jingyuan; Kim, Yong H.; Uribe, Jose
  作者单位：The Chinese University of Hong Kong, Shenzhen; Texas A&M University System; Texas A&M University College Station; Mays Business School; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
  摘要：Research SummaryWe propose that firms engaging in community corporate social responsibility (CSR) can acquire valuable local knowledge that improves their core operations. We test our proposition leveraging a unique context-the Securities Association of China's pairing assistance scheme under the country's targeted poverty alleviation program. Under this scheme, financial brokerage houses conducted community CSR in quasi-randomly matched impoverished regions. We find support for the local know...
• From joiners to founders: Startup employment and underrepresented entrepreneurs AI翻译
  作者：Law, Christopher G.; Howell, Travis; Bingham, Chris; Bermiss, Y. Sekou
  作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School; Arizona State University-Tempe; Arizona State University; Arizona State University-Tempe; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
  摘要：Research Summary: Black women are drastically underrepresented in entrepreneurship, prompting questions about what factors may increase their representation. In this study, we focus on one factor: working as an employee in a startup. While research shows that employment in startups increases the likelihood of founding one's own company, we explore whether this effect differs for Black women. Using abductive methods and a proprietary dataset from Venture For America, we find that the relationsh...
• From armed roots to airline routes in South America: A dual imprinting perspective AI翻译
  作者：Qiao, Kunyuan; Hiatt, Shon R.; Sine, Wesley D.
  作者单位：Northeastern University; University of Southern California; Cornell University
  摘要：Reserch Summary We propose that founding partner relationships can leave distinct imprints on organizations that differ in durability and in how they respond to subsequent changes involving the founding partner. Examining South American airlines founded between 1919 and 1984, we argue and find that such relationships simultaneously create an internal capability imprint, enhancing operational performance and facilitating international expansion, and an external identity imprint, constraining ex...
• Social comparison and the value of performance trajectory information: A field experiment in the workplace AI翻译
  作者：Wu, Hugh Xiaolong; Liang, Yucheng
  作者单位：Washington University (WUSTL); Carnegie Mellon University
  摘要：Research Summary Many new employees leave their firms before realizing the returns to experience. One reason is that they cannot see how performance evolves with tenure. We study whether making performance trajectories visible improves retention and firm performance. In a randomized controlled trial at a multinational spa chain in China, workers received twice-weekly information for 28 weeks about the performance path of a high-performing senior coworker. The intervention reduces new-worker at...
• A new organizational structure database: Examining structure through top management team compositions AI翻译
  作者：Albert, Daniel; Eklund, John C.; Tang, Lisa
  作者单位：Drexel University; University of Southern California; National University of Singapore
  摘要：Research Summary Studies using archival organizational structure data are not as prevalent as one might expect for such a critical strategy topic. We seek to facilitate more studies in this domain by introducing a novel, hand-collected dataset of top management team compositions of S&P 500 firms between 1993 and 2020. Alongside providing the original role titles, we use generative Artificial Intelligence (AI) to categorize executives' titles into 6 role groups and 12 hierarchical levels, enabl...