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作者：Woo, Hyun-Soo; Cannella, Albert, Jr.; Mesquita, Luiz
作者单位：University of Mississippi; Texas A&M University System; Texas A&M University College Station; Mays Business School; Arizona State University; Arizona State University-Tempe
摘要：Research Summary Prior agglomeration research takes a competitive-level view, where any incumbent is considered as a rival by a new entrant in the same geographic market. Our study suggests an alternative corporate-level view, where entry by multiunit firms must consider sister units as well as rivals in the market. Theorizing about a sharing mechanism between sister units distinct from a spillover mechanism between rivals, we expect that multiunit firms locate new units nearer sister vis-a-vi...
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作者：Belderbos, Rene; Tong, Tony W.; Wu, Shubin
作者单位：KU Leuven; Maastricht University; Maastricht University; University of Colorado System; University of Colorado Boulder; University of Liverpool
摘要：Research Summary One of the motivations for multinational firms' investment in foreign affiliates in uncertain environments is the future growth opportunities the investment may bring. We argue that whether firms derive growth option value from their multinational investment is determined by the interaction between market uncertainty and firms' incremental investment strategy. We show evidence that multinational investment creates growth option value for firms operating affiliates in host coun...
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作者：Claussen, Joerg; Essling, Christian; Peukert, Christian
作者单位：University of Munich; Copenhagen Business School; Universidade Catolica Portuguesa
摘要：Research SummaryEntry into dynamic environments can be challenging for firms. We study if, and under which circumstances, firms can use strategic flexibility to enter markets with variable demand. In the airline industry, we find broad support for our hypotheses. We observe less entry with more demand variation, more entry of more flexible firms, and that more flexible firms are more likely to enter markets with greater variation in demand. Furthermore, we find that this relationship is especi...
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作者：Mata, Jose; Alves, Claudia
作者单位：University of Lausanne; Universidade Nova de Lisboa
摘要：Research Summary: We propose that the liability of foreignness (LOF) applies to individuals and not only to firms. To identify such a liability, we study entrepreneurial firms created by natives and immigrants. Firms created by immigrants have a lower rate of survival than those founded by natives. Work experience in the host country and size of the immigrant's national community improves the chances of survival of firms founded by immigrants, in particular, for firms founded by immigrants fro...
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作者：Ross, David Gaddis
作者单位：State University System of Florida; University of Florida
摘要：Research SummaryA growing literature uses cooperative game theory to develop formal strategy theories of value creation and value capture. In a recent review, Gans and Ryall () provide an introduction to this literature in which they emphasize the biform modeling framework of Brandenburger and Stuart (, ). The purpose of this article is to extend the work of Gans and Ryall () by (a) discussing the many ways that cooperative game theory and allied models can contribute to strategy research beyo...
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作者：Choudhury, Prithwiraj; Haas, Martine R.
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作者：Rawley, Evan; Godart, Frederic C.; Shipilov, Andrew
作者单位：University of Minnesota System; University of Minnesota Twin Cities; INSEAD Business School
摘要：Research Summary: We develop a framework for understanding how and when membership in a conglomerate affects a subsidiary's creativity. Focusing on sectoral conglomerates with several subsidiaries in the same industry, we explain that the effect has two components: an imprinting effect at the time of affiliation, and a concurrent effect from ongoing interactions with other subsidiaries. In the context of the high-end fashion industry, we find that a subsidiary's creativity increases when it jo...
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作者：Salvato, Carlo; Vassolo, Roberto
作者单位：Bocconi University; Austral University; Pontificia Universidad Catolica de Chile
摘要：Research Summary: We develop a multi-level theory of dynamic capabilities (DCs) that explains resource dynamics by giving a central role to persons and interpersonal interactions rather than to abstract, firm-level entities. Our theory integrates the contrasting approaches to DCs in individual-, interpersonal-, and organization-level scholarship. Existing organization-level approaches portray DCs as collective endeavors but do not specify how they emerge and operate within organizations, while...
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作者：Li, Shuping
作者单位：Hong Kong Polytechnic University
摘要：Research Summary: This article investigates the impact of the increase in non-family ownership in family-owned firms on CEO turnover-performance sensitivity. Longitudinal analyses based on 717 family-owned Taiwanese public firms from 1997 to 2011 demonstrate a positive relationship between CEO turnover and poor firm financial performance (or CEO turnover-performance sensitivity). This positive relationship is stronger when non-family ownership is higher in the firms. Further, the positive effe...
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作者：Tenhiala, Aino; Laamanen, Tomi
作者单位：IE University; University of St Gallen
摘要：Research Summary: This article extends prior research on the performance implications of the fit between a firm's strategic orientation and its pay system design. Whereas prior research has shown that matching the pay system design to the strategic orientation of the firm generally contributes to higher performance, most studies have examined the pay systems of the upper echelons and employees separately. Based on an analysis that accounts for both horizontal and vertical pay dispersion, we fi...
