Strategic Management Journal

最新文章

• Strategy as language and communication: Theoretical and methodological advances and avenues for the future in strategy process and practice research AI翻译
  作者：Vaara, Eero; Fritsch, Laura
  作者单位：University of Oxford
  摘要：Research Summary: The purpose of this introduction to the SMS collection is to take stock of advances in language-based analyses of strategic processes and practices with an eye on the theoretical and methodological insights and opportunities. After a review of the articles included, we develop a framework that identifies four perspectives ranging from the more micro to the macro: (a) microlevel conceptual basis of strategy discourse, (b) use of language in strategy work processes in their soc...
• The invention performance implications of coopetition: How technological, geographical, and product market overlaps shape learning and competitive tension in R&D alliances AI翻译
  作者：Runge, Steffen; Schwens, Christian; Schulz, Matthias
  作者单位：University of Cologne; University of Wuppertal
  摘要：Research Summary We examine how technological, geographical, and product market overlaps between a firm and its alliance partner influence the firm's invention performance by shaping the learning and competitive tension in an R&D alliance. Drawing on research on learning in alliances and competitive dynamics, we argue that the firm's invention performance is influenced positively by technological and geographical overlaps and negatively by product market overlap. We further argue that product ...
• Pay and networks in organizations: Incentive redesign as a driver of network change AI翻译
  作者：Mitsuhashi, Hitoshi; Nakamura, Azusa
  作者单位：Waseda University; Bocconi University
  摘要：Research summary We examine how corporate innovators adapt their intraorganizational networks when firms introduce performance-based incentive plans that center on the short-term achievement of individuals' measurable outputs. We postulate that such plans prompt individuals to revise goals and reconfigure their networks accordingly. Using the co-patenting data, we analyzed cases of this incentive redesign by Japanese electronics firms in the 1990s. We found that the redesign engendered the eme...
• Face-to-face interactions and the returns to acquisitions: Evidence from smartphone geolocational data AI翻译
  作者：Testoni, Marco; Sakakibara, Mariko; Chen, M. Keith
  作者单位：Tilburg University; University of California System; University of California Los Angeles
  摘要：Research Summary We examine the effect of face-to-face interactions between acquirers and targets before the acquisition announcements on acquisition returns. We argue that frequent interactions increase the target management's trust in the acquirer and benefit the acquirer by mitigating competition in the bidding process. For a sample of U.S. domestic acquisitions, we use smartphone geolocational data to measure the movement of people between merging companies in the months before the announc...
• Do Alliance portfolios encourage or impede new business practice adoption? Theory and evidence from the private equity industry AI翻译
  作者：Sen, Prothit; Puranam, Phanish
  作者单位：Indian School of Business (ISB); INSEAD Business School
  摘要：Research Summary We show that the existing alliance portfolio of a firm can impede the adoption of a new business practice. We analyze the private equity industry which features alliances in the form of deal syndication and has recently seen the rise of a novel investment practice: add-on deals. Using algorithm-supported induction, we first document robust empirical patterns using machine learning techniques, and then test the theory we construct to explain these patterns using standard econom...
• Contracting to (dis)incentivize? An integrative transaction-cost approach on how contracts govern specific investments AI翻译
  作者：Lo, Desmond (Ho-Fu); Zanarone, Giorgio; Ghosh, Mrinal
  作者单位：Santa Clara University; Washington University (WUSTL); University of Arizona
  摘要：Research Summary Buyer-supplier collaborations are plagued by multiple frictions-haggling, non-contractible adaptation, and resource appropriation. This article examines how contracts govern relationship-specific investment in the face of these frictions. In our model, investment increases the value the supplier creates for the buyer ex post by adapting a component to her needs. At the same time, specific investment exposes the supplier to haggling, while providing him with knowledge needed to...
• Gender and competitiveness when earning for others: Experimental evidence and implications for sponsorship AI翻译
  作者：Barrymore, Nathan; Dezso, Cristian L.; King, Benjamin C.
  作者单位：University System of Maryland; University of Maryland College Park; University of Illinois System; University of Illinois Urbana-Champaign
  摘要：Research Summary Career paths depend not only on individuals' own competitiveness but also on the competitiveness of others in a position to advocate for them. In this article, we study competitiveness when rewards accrue to another individual. In particular, we ask how female and male managers' competitiveness changes when rewards from competition accrue to their female or male proteges, relative to when they accrue to themselves. Using an experimental approach, we find that when rewards accr...
• From mass to motion: Conceptualizing and measuring the dynamics of industry clusters AI翻译
  作者：Kim, Min Jung; Shaver, J. Myles; Funk, Russell J.
  作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Minnesota System; University of Minnesota Twin Cities
  摘要：Research Summary: An extensive body of research examines concentration levels (i.e., mass) of industry clusters; however, little attention is paid to their dynamics (i.e., motion). Understanding cluster dynamics is important because how clusters change over time may have implications for firm strategies and outcomes that are not attributable to cluster mass alone. To advance scholarship, we derive a theoretically grounded measure of cluster motion. Applying this measure to data on establishmen...
• Trained to lead: Evidence from industrial research AI翻译
  作者：Gagliardi, Luisa; Mariani, Myriam
  作者单位：Bocconi University; Bocconi University
  摘要：Research Summary This study investigates the importance of early life training for people's leadership roles later in the workplace. We focus on team leaders in industrial research and analyze changes in team leadership after the abandonment of the military draft by the United States in 1973. This policy produced a twofold effect on leadership training opportunities: it eliminated the training provided during the draft and reduced the incentives to pursue long-term education to defer conscript...
• Corporate-level influences on internal capital allocation: The role of financial analyst performance projections AI翻译
  作者：Busenbark, John R.; Semadeni, Matthew; Arrfelt, Mathias; Withers, Michael C.
  作者单位：University of Notre Dame; Arizona State University; Arizona State University-Tempe; Texas A&M University System; Texas A&M University College Station; Mays Business School
  摘要：Research contends that internal capital should be allocated in proportion to divisional performance, but scholars are often puzzled to find that managers do not adhere to this winner-picking approach. We argue this is because scholarship has not incorporated corporate-level factors that influence how corporate managers structure holistic capital allocation strategies. In this study, we build on the behavioral theory of the firm to focus on analyst performance projections for multidivisional co...