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作者:Shin, Shoonchul; Lee, Juyoung; Bansal, Pratima (Tima)
作者单位:Aalborg University; Hong Kong Polytechnic University; Western University (University of Western Ontario)
摘要:Research Summary The post-Enron era is marked with growing discourse of stakeholders, sustainability, and corporate social responsibility (CSR). Yet, commentators debate whether U.S. corporations have indeed moved toward a stakeholder orientation, given the difficulties in measuring such a shift. We assess this shift by examining corporate governance practices, especially the prevalence of shareholder- and stakeholder-oriented practices in chief executive officer (CEO) dismissals. Using data o...
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作者:Ng, Weiyi; Stuart, Toby E.
作者单位:National University of Singapore; University of California System; University of California Berkeley
摘要:Research Summary Thousands of acquisitions of technology companies result in the de facto hiring of myriad individuals into new employers every year. We analyze the effects of such deals on acquired employee (AE) retention relative to a matched sample of directly hired employees (HEs) joining the same acquirers in the same year. In a dataset with all acquisitions of VC-backed companies in the previous two decades paired to over 30 million resumes, we find that acquired employees (AEs) turnover...
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作者:van Angeren, Joey; Vroom, Govert; McCann, Brian T.; Podoynitsyna, Ksenia; Langerak, Fred
作者单位:Vrije Universiteit Amsterdam; University of Navarra; IESE Business School; Vanderbilt University; Eindhoven University of Technology
摘要:Research Summary The optimal distinctiveness literature highlights a fundamental trade-off in product positioning within market categories: Products should be distinct to minimize competition, but similar to build legitimacy. Most recently, this research has focused on understanding sources of variance in the distinctiveness-performance relationship. We extend this literature with an examination of digital products and argue that the relationship depends on products' revenue models: We theoriz...
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作者:Panico, Claudio; Cennamo, Carmelo
作者单位:Bocconi University; Bocconi University; Copenhagen Business School
摘要:Research summary User demand affects the emergence and growth of platform ecosystems through indirect network effects. But how do these effects play out in the strategies of platform providers and complementors as the ecosystem evolves? We study how user preferences for ecosystem innovativeness (complement novelty and quality) and ecosystem size (number of complementors/complements), and demand-based economies of scale, shape the strategic interactions between the platform provider and the com...
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作者:Boudreau, Kevin J.; Jeppesen, Lars Bo; Miric, Milan
作者单位:Northeastern University; National Bureau of Economic Research; Copenhagen Business School; University of Southern California
摘要:Research Summary Freemium product strategies-where a free basic version of a product is offered alongside a full premium paid version-are often used by companies to attempt to increase the size of their user base and benefit from network effects. However, there is limited empirical evidence of how using freemium strategies impacts firm revenues. We empirically investigate how the strengthening of network effects on the Apple App Store influenced product sales of firms using freemium strategies...
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作者:Testoni, Marco
作者单位:Tilburg University
摘要:Research Summary The resource-based view claims that bundles of resources are the key determinants of a firm's value. Yet, market value spillovers stemming from firms' resource bases have received scarce attention in the literature. This article provides evidence of such spillovers in the context of technological acquisitions. I hypothesize that acquisitions act as signals, revealing to investors that the acquired technologies are more valuable than initially expected. These signals should aff...
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作者:Eklund, John C.
作者单位:University of Southern California
摘要:Research Summary Strategy scholars view innovation through the lens of knowledge recombination, whereas organizational economics scholars view innovation through the lens of effective incentive design. This sets up a tension regarding how firms should structure their research and development (R&D) units. Namely, decentralization facilitates the effective use of incentives but comes with the cost of reduced intra-organizational knowledge flows. In this study, I unpack this tension by examining ...
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作者:Fahn, Matthias; Zanarone, Giorgio
作者单位:Washington University (WUSTL); Universite Libre de Bruxelles
摘要:Research Summary We model how an organization's transparency (toward employees or contractors) affects its ability to sustain relational governance. We show that transparency creates accountability: if the organization reneges on promises made to an agent, the other agents observe its defection and quit. Thus, transparency enables organizations with limited credibility to provide high-powered incentives. However, transparency also triggers envious social comparisons that reduce profits and may...
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作者:Zhang, Yuchen; Li, Jingjing; Tong, Tony W.
作者单位:Tulane University; University of Virginia; University of Colorado System; University of Colorado Boulder
摘要:Research Summary Orchestrating complementors' value creation activities is critical to platform owners but is challenging. Emerging literature on platform governance suggests that platform access control can shape complementors' contributions to platforms. We extend this literature by using the coopetition framework from strategic management to examine the relationship between platform gatekeeping, a prominent policy for governing platform access, and knowledge sharing among complementors. Exp...
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作者:Khanna, Rajat; Guler, Isin
作者单位:Tulane University; University of North Carolina; University of North Carolina Chapel Hill
摘要:Research Summary We investigate the implications of the degree assortativity of intra-firm networks for firms' innovation performance. We argue that prevalent patterns of collaborative relationships between organizational members can lead to variations in the levels of degree assortativity in intra-firm networks, ranging from disassortative structures (highly central members connect with peripheral members) to assortative ones (highly central members connect with other highly central members a...