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作者：Srinivasan, Ravi; Choo, Adrian; Narayanan, Sriram; Sarkar, Soumodip; Tenhiala, Antti
作者单位：Loyola University Maryland; Michigan State University; Michigan State University's Broad College of Business; University of Evora; IE University
摘要：Research Summary The well-known study by Leiponen and Helfat (2010) examined how firms increased their odds of innovation success by pursuing multiple parallel innovation objectives and knowledge sources. We replicate their study across geographic and temporal contexts using three sets of data: from Finland (N = 884) in 2006-2008 and from other European countries in two different time periods (N = 36,480 in 2006-2008 and 24,326 in 2008-2010). Our results largely corroborate their core findings...
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作者：Lee, Chi-Hyon; Hoehn-Weiss, Manuela N.; Karim, Samina
作者单位：George Mason University; Oregon State University; Northeastern University
摘要：Research Summary This study empirically examines the impact of firms' pursuing multiple generic strategies, namely, Porter's low-cost and focus strategies. We conceptualize pursuing cost efficiency advantage as low-cost strategy and restraining rivalry through horizontal differentiation as focus strategy. Although we corroborate earlier Strategy research that each of these strategies alone may have a positive impact on firm profitability, we highlight that mechanisms driving the interaction of...
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作者：Zhu, David H.; Westphal, James D.
作者单位：Arizona State University; Arizona State University-Tempe; University of Michigan System; University of Michigan
摘要：Research Summary We develop a structural theory of power to explain how an organization is indirectly influenced by others through intermediaries. Our theory begins by explaining why an organization can improve its power position by acquiring partners that have direct advantages over it. We then propose the construct of indirect disadvantage to explain why an organization is motivated to acquire other partners that have advantages over its powerful partners. We further predict that the organiz...
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作者：Choudhury, Prithwiraj; Allen, Ryan T.; Endres, Michael G.
作者单位：Harvard University; Harvard University
摘要：Research Summary Supervised machine learning (ML) methods are a powerful toolkit for discovering robust patterns in quantitative data. The patterns identified by ML could be used for exploratory inductive or abductive research, or for post hoc analysis of regression results to detect patterns that may have gone unnoticed. However, ML models should not be treated as the result of a deductive causal test. To demonstrate the application of ML for pattern discovery, we implement ML algorithms to s...
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作者：Chen, Liang; Wang, Mengmeng; Cui, Lin; Li, Sali
作者单位：University of Melbourne; Nanjing University of Information Science & Technology; Australian National University; University of South Carolina System; University of South Carolina Columbia
摘要：Research Summary Strategy research views firms' diverse experience base as critical to new product success. It also champions strategy-by-doing in entrepreneurial settings. This study juxtaposes and bridges these two perspectives to better understand product development. We propose that while a firm's product portfolio diversity contributes to new product success only to a certain degree, design iteration-a postlaunch strategy-by-doing approach-is positively associated with new product perform...
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作者：Cetorelli, Nicola; Jacobides, Michael G.; Stern, Samuel
作者单位：Federal Reserve System - USA; Federal Reserve Bank - New York; University of London; London Business School; University of Michigan System; University of Michigan
摘要：Research Summary: A surprisingly neglected facet of sector evolution is the evolutionary analysis of firms', and thus a sector's, scope. Defining a sector as a group of firms that can change their scope over time, we study the transformation of U.S. banking firms. We undertake a sectoral, population-wide study of business-scope transformation, with particular focus on which segments banks expand into. As financial intermediation evolved, a continuously shifting set of activities became associa...
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作者：Balachandran, Sarath; Hernandez, Exequiel
作者单位：University of London; London Business School; University of Pennsylvania
摘要：Research Summary Venture capital (VC) firms predominantly source investments from local networks within tight geographic bounds. Against that tendency, VCs are increasingly investing internationally-but with substantial heterogeneity across firms in extent, location, and success. We propose a mechanism that explains these patterns. The ties VCs form to immigrant entrepreneurs when investing domestically provide access to the knowledge and connections of those immigrants, which facilitates VC i...
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作者：Kalnins, Arturs; Williams, Michele
作者单位：University of Iowa
摘要：Research summary Combining insights from research on firm-level stakeholders with the well-established micro literature on social categorization, we develop and test a theory regarding the relative survivorship of female-owned and male-owned businesses. The theory is based on proportional representation within geographic areas, defined as each area's female-owned proprietorship count divided by its total proprietorship count. Analyzing survivorship of over one million proprietorships, we find ...
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作者：Dong, John Qi
作者单位：Trinity College Dublin
摘要：Research Summary The behavioral theory of the firm suggests that organizations make strategic choices to retain or search for a technology based on performance feedback in comparison to organizational aspiration. Such technological choices become challenging as decision makers face uncertainty not only in technological search, but also from technology deterioration and market turbulence. While different organizational aspirations have been used in prior research, their performance and risk imp...
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作者：Essman, Spenser M.; Schepker, Donald J.; Nyberg, Anthony J.; Ray, Caitlin
作者单位：University of South Carolina System; University of South Carolina Columbia
摘要：Research Summary Extant research rarely explores the relationship between executive compensation and chief executive officer (CEO) succession planning, despite practitioner claims that executive pay disparities indicate succession planning (in)effectiveness. Leveraging signaling theory, we use 830 succession events from 2010 to 2017 to show that pay disparity between the CEO and the highest paid non-CEO executive is positively related to the likelihood of outside CEO succession. Thus, boards n...
