-
作者:Zhang, Xiaowei (Elliott); Tong, Siliang (Jack); Luo, Xueming; Lin, Zhijie; Li, Jing
作者单位:Tsinghua University; Nanyang Technological University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; NEOMA Business School
摘要:Research Summary: This study investigates how AI recommendation algorithms shape complementor strategies and market equality on digital platforms. Using two quasi-natural experiments from a food-sharing platform, we examine impacts of sequential algorithmic upgrades: from a location-based baseline to popularity-based (PopRec) and then personalization-based (PersRec). Analyses of over 1.7 million observations reveal that PopRec drives complementors to concentrate on a few offerings, while PersR...
-
作者:Pahnke, Emily Cox; Zuzul, Tiona; Howard, Michael
作者单位:University of Washington; University of Washington Seattle; Harvard University; Iowa State University
摘要:Research Summary How do new ventures strategically position their products to accelerate regulatory clearance? We investigate this question in the medical device industry, where regulatory clearance is a prerequisite for market entry. We examine 239 new firms' 510(k) device clearances by the FDA between 2001 and 2019. Our approach combines quantitative analysis of firms' claims of similarity with extensive field research. We find that strategic positioning significantly impacts time to clearan...
-
作者:Glauber, Johanna; Kretschmer, Tobias
作者单位:IE University; Imperial College London; University of Munich; Universidade Nova de Lisboa
摘要:Research Summary Co-using tasks-using the same task to produce more than one product-promises economies of scope. However, task co-use also ties products together, changing a firm's task network by introducing cross-product interdependencies. In light of these interdependencies, we identify an unrecognized downside of task co-use for product reliability: Cross-product interdependencies complicate task design and increase the risk of malfunctions. Hence, task co-use may carry a reliability pena...
-
作者:Ben-Menahem, Shiko M.; Woerter, Martin; Von Krogh, Georg
作者单位:Universite Catholique de Lille; EDHEC Business School; ETH Zurich; Swiss Federal Institutes of Technology Domain; ETH Zurich; Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要:Research Summary We investigate how firm performance feedback and economic conditions (upturns and downturns) impact changes in the breadth of partner types within a firm's R&D alliance portfolio (R&D AP breadth). We theorize that economic conditions moderate firms' motivation to change R&D AP breadth in response to social and historical performance-aspiration discrepancies, and shape whether they respond more strongly to social or historical aspirations. Using cross-industry data on Swiss fir...
-
作者:Ong, Pinchuan; Png, I. P. L.
作者单位:National University of Singapore
摘要:Research Summary We investigate how deskilling technology (map apps) affects the choice of individuals to provide ride-hail service. In a vignette experiment, technology increased participation in work by 8% and 4% among low- and high-skill drivers respectively. Technology can increase participation by raising productivity or affording an amenity (reducing disutility of work). A field experiment revealed that the technology afforded more amenity to low-skill drivers and they incurred more stre...
-
作者:Burford, Natalie; Shipilov, Andrew; Furr, Nathan
作者单位:University of Navarra; IESE Business School; INSEAD Business School
摘要:Research Summary We examine how the structure of ecosystems shapes firms' acquisition choices. We develop a theoretical framework comprising three levels of ecosystem structure - local interdependence, clusters, and centrality - that could drive choices of M&A targets based on expected ecosystem synergies, a previously undocumented acquisition synergy that creates benefits for the acquirer and the ecosystem overall. Ecosystem synergy is value created through combination of the acquirer and tar...
-
作者:Sergeeva, Anastasia; Zott, Christoph
作者单位:University of Bath; University of Navarra; IESE Business School
摘要:Research SummaryThis study explores why and how founders' values lead them to design novel business models. To address these questions, we conducted a historical case study of Magnum Photos, a photo agency whose novel business model revolutionized magazine photography in the mid-20th century. Our abductive analysis reveals that personal values can be a principal driving force for business model innovation (BMI). Actors who believe that their personal values are difficult to reconcile with exis...
-
作者:Byun, Heejung
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Research Summary This study investigates client tie diversification, where firms enter markets with existing clients. Recognizing the theoretical basis for both positive and negative performance implications, the paper adopts a question-driven approach and discovers a strong negative correlation between client tie diversification and firm performance. Using data from the US federal lobbying industry during the creation of the Homeland Security issue market post-9/11, I find that lobbying firms...
-
作者:Mount, Matthew P.; Le, Henry Tue; Bowman, Gary; Golding, Christopher
作者单位:Deakin University; Adelaide University; University of Adelaide; University of Reading
摘要:While prior research on the strategic framing of innovation highlights the cognitive mechanisms underlying novelty evaluation, we know little about the corresponding emotional mechanisms. Drawing on appraisal theory, construal level theory, and the literature on emotions, we theorize two distinct appraisal-emotion pathways through which the framing of novel ideas evokes hope and awe among investors with different motives. We argue that high-construal framing supplements economically motivated ...
-
作者:Fan, Yang; Litov, Lubomir; Yang, Mu-Jeung; Zenger, Todd
作者单位:Colby College; University of Oklahoma System; University of Oklahoma - Norman; University of Colorado System; University of Colorado Boulder; Utah System of Higher Education; University of Utah
摘要:Research summary: We establish a new paradox surrounding technological uniqueness, defined as the degree to which a firm's patented technology portfolio differs from its competitors. On the one hand, technological uniqueness acts as a barrier to incoming technology spillovers and impedes firm performance. On the other hand, technological uniqueness reduces outgoing technology spillovers and contributes to a strategic resource that is more costly to imitate. We empirically examine these competi...