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作者：Wang, Tang; Aggarwal, Vikas A.; Wu, Brian
作者单位：State University System of Florida; University of Central Florida; INSEAD Business School; University of Michigan System; University of Michigan
摘要：Research summary We examine how interactions among a firm's capabilities influence the extent and direction of firm adaptation under conditions of demand-side change. Our empirical context is the U.S. defense industry, within which we study firms receiving defense-related Small Business Innovation Research (SBIR) awards around September 11, 2001, an event which constituted an exogenous demand-side shock in which technology-related preferences of customers were reshuffled. We find that under de...
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作者：Choudhury, Prithwiraj; Starr, Evan; Agarwal, Rajshree
作者单位：Harvard University; University System of Maryland; University of Maryland College Park
摘要：Research Summary The use of machine learning (ML) for productivity in the knowledge economy requires considerations of important biases that may arise from ML predictions. We define a new source of bias related to incompleteness in real time inputs, which may result from strategic behavior by agents. We theorize that domain expertise of users can complement ML by mitigating this bias. Our observational and experimental analyses in the patent examination context support this conjecture. In the ...
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作者：Bonet, Rocio; Cappelli, Peter; Hamori, Monika
作者单位：IE University; University of Pennsylvania
摘要：Research summary We examine the advancement of women in executive roles in the ranks of the 10 highest executive positions in the Fortune 100 companies in 2001 and 2011. We find that women executives secured top executive positions faster than men, controlling for relevant individual attributes, and that the advantage of women with respect to men grew with the number of years they spent in the organization. The female advantage disappeared once companies had more than one high-ranking female e...
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作者：Posen, Hart E.; Yi, Sangyoon; Lee, Jeho
作者单位：University of Wisconsin System; University of Wisconsin Madison; Korea Advanced Institute of Science & Technology (KAIST); Seoul National University (SNU)
摘要：Research Summary Imitation is ubiquitous, yet the comparative efficacy of imitation strategies is poorly understood. A popular imitation strategy, sometimes called benchmarking, mixes-and-matches practices common to leading firms. Using computational models, we compare benchmarking with the copy-the-best imitation strategy of copying a subset of the best-performing firm's practices. We find that benchmarking is more effective in heterogeneous environments, where practices that are good for fir...
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作者：Nagle, Frank; Teodoridis, Florenta
作者单位：Harvard University; University of Southern California
摘要：Research Summary We consider the role of individual-level diversification as a mechanism through which skilled researchers engage in successful exploration-recognizing and integrating new knowledge external to one's domains of expertise. To approach an ideal experiment, we (a) employ a matching procedure and (b) exploit the unexpected adoption of Microsoft Kinect as a motion-sensing technology in research. We evaluate the impact of Kinect and its embodiment of new knowledge on a set of ability...
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作者：Obloj, Tomasz; Sengul, Metin
作者单位：Hautes Etudes Commerciales (HEC) Paris; Boston College
摘要：Research Summary We explore the performance consequences of the simultaneous pursuit of multiple objectives in organizations. Taking advantage of a unique dataset covering both the objectives pursued and performance outcomes, we test the hypothesis that is the cornerstone of multiple objectives theory: performance on a given metric increases when it is pursued as an objective but decreases with the number of other objectives pursued simultaneously. We find overall support for this hypothesis, ...
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作者：Ott, Timothy E.; Eisenhardt, Kathleen M.
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine; Stanford University
摘要：Research Summary Strategy formation is central to why some firms seize novel opportunities while others fail. We explore a core dilemma of strategy formation in entrepreneurial settings-whether to learn a novel strategy one domain at a time (modular) versus assemble a complex strategy of coherent activities across all domains at once (integrative). By studying six ventures, we develop a theoretical framework for how entrepreneurs effectively form novel, complex strategy:Decision weaving. They ...
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作者：Blagoeva, Radina R.; Kavusan, Korcan; Jansen, Justin J. P.
作者单位：University System of Georgia; University of Georgia; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要：Research summary We investigate the role of a firm's dividend and growth reputations in shaping investors' interpretations of acquisitions as a negative or positive expectation violation. While our findings reveal that both an acquiring firm's dividend and growth reputations trigger positive investor reactions, they also show that investors react negatively to an acquisition of a target firm with a strong growth reputation when the acquiring firm has a strong dividend reputation. We also find ...
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作者：Schumacher, Christian; Keck, Steffen; Tang, Wenjie
作者单位：Vienna University of Economics & Business; University of Vienna; National University of Singapore
摘要：Research summary This study examines how managerial biases in the form of overconfidence change the interpretation of performance feedback and, consequently, shape a firm's risk taking in response to it. Our formal analysis suggests that CEO overconfidence is associated with a lower willingness to increase firm risk taking when facing negative performance feedback and a higher willingness to decrease risk when facing positive feedback. An extension of our model also shows that, when firms are ...
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作者：Gamache, Daniel L.; Neville, Francois; Bundy, Jonathan; Short, Cole E.
作者单位：University System of Georgia; University of Georgia; McMaster University; Arizona State University; Arizona State University-Tempe; Pepperdine University
摘要：Research summary A fundamental question in stakeholder strategy research is why firms adopt certain strategies or approaches to engage with key stakeholders. Recent research suggests that CEOs' characteristics can influence their general decisions to engage with stakeholders, however, this work has yet to consider why CEOs might utilize specific stakeholder strategies. In this article, we demonstrate how CEO regulatory focus influences the nature of a firm's stakeholder strategy. Specifically,...
