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作者：Chang, Melody H.; Assenova, Valentina A.
作者单位：University of Southern California; University of Pennsylvania
摘要：Research Summary While startup accelerators often benefit founders and their ventures, these gains may not be uniform. We examine how founders' pre-entry knowledge-the cumulative education, industry experience, and entrepreneurial exposure that teams acquire prior to launching their startups-shapes the heterogeneous returns to accelerator participation. We propose two potential mechanisms driving these returns: knowledge compensation, whereby accelerators fill gaps in basic knowledge and compe...
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作者：Oyedeji, Bukky Akinsanmi
作者单位：University of London; London Business School
摘要：Research Summary I examine the understudied effects of perceived non-transferable knowledge on labor market choices after firm-initiated turnover. Using a large, nationally representative dataset, I assess how workers' perceptions of knowledge transferability, expectations to remain at a firm, and type of turnover experienced correlate with the decision to engage in entrepreneurship. I find that the release of workers with perceived non-transferable knowledge into the external environment thro...
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作者：Abolfathi, Niloofar
作者单位：Singapore Management University
摘要：Research Summary This paper examines how heterogeneous YouTube content creators-specifically, single-homing and multihoming channels-respond to a sudden increase in the exposure of the rival platform, Twitch. Contrary to expectations, I find that multihoming channels reduce their content creation efforts and underperform relative to single-homers. To make sense of these surprising results, I develop a formal model that characterizes the strategic behavior of different types of complementors op...
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作者：Stagni, Raffaele Morandi; Santalo, Juan
作者单位：Universidad Carlos III de Madrid; IE University
摘要：Research Summary: We show that multi-business firms pursuing technologically related diversification often face a paradox. While such strategies can yield superior financial performance through technological synergies, investors with limited attention tend to undervalue them due to their complexity. Using asset pricing methods, we find that these firms consistently outperform market expectations. The degree of mispricing depends on investor attention and the availability of information needed ...
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作者：Stroube, Bryan K.; Dushnitsky, Gary
作者单位：University of London; London Business School
摘要：Entrepreneurship is presented as a path to prosper through commerce, yet there is evidence that certain communities are underrepresented in entrepreneurship. Technological developments such as low-code e-commerce tools have altered the barriers to launch commercial ventures. Do these tools alter entrepreneurial inclusion? We study an omnipresent low-code tool, Shopify, which has dramatically reduced the financial and technical barriers to e-commerce. We undertake an abductive analysis using un...
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作者：Borchhardt, Geoffrey; Kovacs, Balazs; Rogan, Michelle
作者单位：University of Oregon; Yale University; University of Oxford
摘要：Research SummaryIn market networks, firms regularly seek partners with needed expertise, but these partners often work with the firms' competitors. How such second-order competitive overlap affects partner selection is unclear. Prior theory assumes firms view networks as pipes and emphasizes flows of competitor information via the shared partner as key in partner selection. We propose that firms also view networks as prisms and use competitive overlap as a signal of a potential partner's exper...
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作者：Arts, Sam; Cassiman, Bruno; Hou, Jianan
作者单位：KU Leuven; University of Navarra; IESE Business School; Xiamen University
摘要：Research SummaryWe study how unique firm technology influences M&A activity. Using a text-based network approach, we map each firm's position relative to every other firm in technology space to measure the uniqueness of its technology portfolio. Our findings indicate that firms with more unique technology portfolios become prime acquisition targets, particularly for close competitors within the same product market segments. These competitors seek to reduce competition and incorporate unique te...
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作者：Marchetti, Arianna; Puranam, Phanish
作者单位：Singapore Management University; INSEAD Business School
摘要：Research Summary Are less hierarchical firms organized around stronger cultures instead? We analyze 1.5 million employee reviews on Glassdoor.com from 23,000 US-based firms, alongside data on managerial hierarchy estimated from 42 million professional social media profiles. Our findings confirm a negative association between managerial hierarchy and organizational culture strength. We explore two potential explanations for this association: Functional equivalence between the two, and culture f...
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作者：Heydari, Babak; Chattopadhyay, Shinjinee; Padhee, Soumyakant; Karim, Samina
作者单位：Northeastern University; Northeastern University; University of Illinois System; University of Illinois Urbana-Champaign; Northeastern University
摘要：Research Summary We examine how firms should allocate their inventors to network locations to achieve their best innovation performance. We use an NK model to model the interactions between key factors that influence a firm's innovation: (a) individuals' embeddedness within the firm's network, (b) individuals' heterogeneity across their search distance as well as their adoption (i.e., imitation) propensity, and (c) the complexity of the firm's landscape. We find that in high-complexity landsca...
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作者：Demetry, Daphne Ann; Doern, Rachel
作者单位：McGill University; University of London; Goldsmiths University London
摘要：Research has established that organizations benefit from optimal distinctiveness, that is, being sufficiently similar to and different from competitors. However, we know less about producers' strategic positioning choices to establish optimally distinctive identities. We explore this question through a qualitative study of chef-owners who started their own restaurants after training with well-known mentors. We identify two trajectories followed by chefs to establish optimal distinctiveness-leg...
