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作者：Putra, Fathiro H. R.; Khanagha, Saeed; Pandza, Krsto; Suarez, Fernando F.
作者单位：Institute Technology of Bandung; Vrije Universiteit Amsterdam; University of Leeds; Northeastern University
摘要：Research Summary We examine how an incumbent firm navigates internal and external uncertainties when entering a nascent platform ecosystem. Drawing on a longitudinal study of a large telecommunication firm's transition into an evolving IoT ecosystem, we advance a cognitive perspective on platform strategy. We explain how managers' cognitive frames shape platform scope decisions based on shifting assumptions and interpretations of ecosystem dynamics and internal capabilities. Our process model ...
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作者：Wu, Zhiyan; Bruton, Garry; Krause, Ryan
作者单位：Zhejiang University; Texas Christian University; Jilin University; Sun Yat Sen University; University of Iowa
摘要：Research Summary This research investigates how firms attempt to preempt activism before it mobilizes into an active threat. Employing a difference-in-differences design, we examine the quasi-exogenous enactments of laws that prevent Strategic Lawsuits Against Public Participation (anti-SLAPP laws) in the United States. We find evidence suggesting that in response to the enactment of anti-SLAPP laws, firms self-regulate through enhancing their institutional corporate social performance (instit...
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作者：Bondi, Tommaso; Burbano, Vanessa C.; Dell'Acqua, Fabrizio
作者单位：Cornell University; Columbia University; Harvard University
摘要：Research SummaryChief executive officer (CEO) political activism is increasing, but its strategic implications remain unclear. We conduct two survey-based experiments to shed light on how individuals respond to CEO activism. We differentiate between communicating an apolitical stance versus saying nothing - an unexplored distinction to date. We furthermore examine whether characteristics which could influence perceived credibility of the stance - whether it is consistent with expectations and ...
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作者：Yilmaz, Erdem Dogukan; Meyer, Tim
作者单位：INSEAD Business School; University of St Gallen
摘要：Research Summary We study the impact of generative artificial intelligence (GAI) tools on product-level innovation outcomes in the context of software products. Specifically, we illustrate how GAI can alter the direction of innovation by shifting the activities of developers away from generational innovation and toward original innovation, which may be new to the market but not necessarily more novel than previous innovations. We argue that this shift is driven by GAI's ability to facilitate t...
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作者：Gibbs, R. Anthony; Simcoe, Timothy S.; Waguespack, David M.
作者单位：Purdue University; Purdue University System; Purdue University; Boston University; National Bureau of Economic Research; University System of Maryland; University of Maryland College Park
摘要：Research Summary Strategic management research often uses accounting data, despite well-known concerns that earnings management could obscure the link between actual and measured performance. We apply methods from the econometric literature on bunching to estimate that around 15 percent of firm-year observations in Compustat manipulate accounting earnings to achieve profitability. We show that cash-based performance measures are less susceptible to manipulation and that the choice of accrual v...
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作者：Tang, Shirley; Elfenbein, Daniel W.; Pasipanodya, Tatenda
作者单位：Boston University; Washington University (WUSTL)
摘要：Research SummarySelf-regulation is often proposed as a substitute for government regulation. We examine a setting in which a subset of firms voluntarily committed to transparency standards despite immediate competitive disadvantages, not merely to preempt regulation but to succeed under future mandatory rules they helped enact through lobbying. Focusing on the Extractive Industries Transparency Initiative (EITI), an anti-corruption multi-stakeholder initiative, we show that firms initially inc...
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作者：Raffaelli, Ryan; Zuzul, Tiona; Gulati, Ranjay; Rivkin, Jan
作者单位：Harvard University
摘要：Research SummaryFraming is critical for leaders who must build support for strategic renewal. While research has concentrated on renewal that replaces one set of capabilities with another, we explore a distinctive challenge: how leaders persuade stakeholders to endorse the reprioritization of resources toward a capability set that must coexist with an existing one. Moreover, while research has focused on how leaders build employee support for renewal, we examine how to persuade those overseein...
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作者：Albert, Daniel; Ganco, Martin
作者单位：Drexel University; University of Wisconsin System; University of Wisconsin Madison
摘要：Research Summary Modular systems play a central role in technological innovation. Such systems emerge when interdependencies among modules in a complex system are isolated through interfaces. While early seminal work highlighted the importance of interface design, subsequent research on modularity has largely overlooked it. We develop a model that treats interfaces as a set of design choices, separate from module choices. This model elucidates the mechanisms through which interface design infl...
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作者：Diestre, Luis; Barber, Benjamin
摘要：Research Summary This study examines how product shortages among legal firms create competitive opportunities for illegal firms. We analyze 713 drug shortages in the United States between 2017 and 2023 and show that shortages substantially increase illicit pharmacies' sales of affected drugs, which rise by 40.5% during shortages and remain 32.8% higher in the six months after shortages are resolved. The effects are strongest for drugs treating chronic conditions, drugs with fewer substitutes, ...
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作者：Triebel, Steffen; Brennecke, Julia; Weber, Christiana
作者单位：Aarhus University; University of Exeter; Carl von Ossietzky Universitat Oldenburg; University of Liverpool; Leibniz University Hannover
摘要：Research Summary Studies on board interlock networks are divided into two streams, one examining their dynamics; the other, their consequences. We propose that both phenomena-board interlock dynamics and consequences-are interdependent. Applying structuration theory, we explain and empirically demonstrate how firms' corporate strategic actions (specifically, acquisitions and divestitures) influence the creation and dissolution of different types of board interlock network ties and how these in...
