Journal ArticleStrategic Management Journal · January 1, 2023
Research Summary: Scholars have traditionally characterized the variation in firm performance as determined by conditions after entry, where the entry decision is a one-shot binary choice determined by cost–benefit analysis. However, recent theoretical wor ...
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Journal ArticleManagement Science · September 1, 2022
Recent scholarship argues that experimentation should be the organizing principle for entrepreneurial strategy. Experimentation leads to organizational learning, which drives improvements in firm performance. We investigate this proposition by exploiting t ...
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Journal ArticleOrganization Science · July 1, 2021
We connect two distinct streams of research on categories to study the role of within-category typicality in the context of legitimacy shocks. We argue that, following a legitimacy shock, member organizations of the tainted, focal category suffer equally, ...
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Journal ArticleManagement Science · May 1, 2020
Prior work has established that the financing environment can impact firm strategy. We argue that this influence can shape the earliest strategic choices of a new venture by creating a potential trade-off between two objectives: rapid growth and reaping th ...
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Journal ArticleOrganization and Environment · June 1, 2019
CEO activism refers to corporate leaders speaking out on social and environmental policy issues not directly related to their company’s core business, which distinguishes it from nonmarket strategy and traditional corporate social responsibility. In the fi ...
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Journal ArticleStrategic Management Journal · March 1, 2019
Why do some entrepreneurs thrive while others fail? We explore whether the advice entrepreneurs receive about managing their employees influences their startup's performance. We conducted a randomized field experiment in India with 100 high-growth technolo ...
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Journal ArticleStrategic Management Journal · January 1, 2019
Research Summary: We explore how interorganizational relationships shape firm boundary decisions. Using data on 545 U.S. medical device manufacturers' product portfolios and sales-governance choices (i.e., internal or external sales forces) from 1983 to 19 ...
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Journal ArticleJournal of Public Economics · August 1, 2018
We explore a new mechanism to understand state funding for public colleges and universities by leveraging data on the educational experiences of state legislators, specifically if and where they received postsecondary education. Using novel, hand-collected ...
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Journal ArticleStrategic Management Journal · April 1, 2018
Research Summary: Research exploring investor reactions to sustainability has substantial empirical limitations, which we address with a large-scale longitudinal financial event study of the first global sustainability index, DJSI World. We examine investo ...
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Journal ArticleInnovation Policy and the Economy · January 1, 2018
Economists have long believed education is essential to the acquisition of human capital and contributes to economic growth. However, education researchers, political and business leaders, and other stakeholders have raised concerns about the quality and c ...
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Journal ArticleAmerican Economic Review · June 1, 2017
We demonstrate that eponymy-firms being named after their owners-is linked to superior firm performance, but is relatively uncommon (about 19 percent of firms in our data). We propose an explanation based on eponymy creating an association between the entr ...
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Journal ArticleManagement Science · October 1, 2016
We present a new mechanism by which prior employment can influence transitions to other firms. We propose that some employees divert effort toward unproductive activities to learn about their own fitness for alternative employment. Based on the results of ...
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Journal ArticleStrategic Management Journal · August 1, 2016
Research summary: Raters of firms play an important role in assessing domains ranging from sustainability to corporate governance to best places to work. Managers, investors, and scholars increasingly rely on these ratings to make strategic decisions, inve ...
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Journal ArticleAcademy of Management Journal · June 1, 2016
In emerging-market countries, commercial institutions do not always develop sufficiently quickly or effectively to support ambitious entrepreneurs. How might intermediaries remedy these problems? We address this question by drawing on institutional literat ...
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Journal ArticleStrategic Management Journal · March 1, 2016
Prior work argues that the "market for ideas" supports an open system of innovation, allowing for efficient development of technology across firms. Although this literature has described important features of this market, how it influences the rate and dir ...
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Journal ArticleStrategic Management Journal · January 1, 2016
Strategy research often aims to empirically establish a causal relationship between an independent variable and a dependent variable such as firm performance. For many important strategy research questions, however, traditional empirical techniques are not ...
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ConferenceAcademy of Management Perspectives · November 1, 2014
We apply the dynamic capabilities framework to explore the management of human capital, with particular emphasis on the process of "acqui-hiring." Acqui-hiring is the acquisition of small companies primarily to gain access to their employees and has been p ...
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Journal ArticleInnovation Policy and the Economy · January 1, 2014
This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United States. We discuss rationales for the agglomeration of these activities and the economic consequences of clusters. We identify and discuss ...
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Journal ArticleJournal of Labor Economics · January 1, 2014
In the 1980s, many US cities initiated programs reserving a proportion of government contracts for minority-owned businesses. The staggered introduction of these set-aside programs is used to estimate their impacts on the self-employment and employment rat ...
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Journal ArticleStrategic Management Journal · January 1, 2014
Prior research on corporate innovation highlights the importance of accessing external knowledge from other firms and universities. However, survey evidence indicates that product users are perhaps the most important source of external knowledge. We build ...
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Journal ArticleJournal of Economics and Management Strategy · June 1, 2013
The economic expansion of the late 1990s created many opportunities for business creation in Silicon Valley, but the opportunity cost of starting a business was also high during this period because of the exceptionally tight labor market. A new measure of ...
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Journal ArticleJournal of Financial Economics · October 1, 2012
This paper examines the impact of financial deregulation on entrepreneurship. We assess the impact of credit card deregulation on transitions into self-employment using state-level removal of credit card interest rate ceilings following the US Supreme Cour ...
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Journal ArticleOrganization Science · January 1, 2012
The extensive academic literature on innovation has long recognized product users as a potentially important source of ideas. Although prior work has primarily focused on understanding the unique motivations and knowledge that allow users to generate their ...
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Journal ArticleStrategic Management Journal · September 1, 2010
While many rating systems seek to help buyers overcome information asymmetries when making purchasing decisions, we investigate how these ratings also influence the companies being rated. We hypothesize that ratings are particularly likely to spur response ...
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Journal ArticleJournal of Economics and Management Strategy · March 1, 2009
Ratings of corporations' environmental activities and capabilities influence billions of dollars of "socially responsible" investments as well as some consumers, activists, and potential employees. In one of the first studies to assess these ratings, we ex ...
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Journal ArticleStrategic Management Journal · February 1, 2009
Entrepreneurs in high-technology industries often have prior experience at incumbent firms, but we know little about how knowledge obtained at the prior employer impacts entrepreneurial performance. Drawing on previous work from strategy, economics, and or ...
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Journal ArticleCalifornia Management Review · January 1, 2009
Successful scaling of social impact by a social entrepreneurial organization is driven by its capabilities in seven areas, identified in this article by using the acronym SCALERS: Staffing, Communicating, Alliance-building, Lobbying, Earnings-generation, R ...
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Journal ArticleHealth Aff (Millwood) · 2008
Anecdotal evidence suggests that innovative medical devices often arise from physicians' inventive activity, but no studies have documented the extent of such physician-engaged innovation. This paper uses patent data and the American Medical Association Ph ...
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Journal ArticleCalifornia Management Review · December 1, 2006
In some third-world factories there is a literal "wall of codes." Posted are dozens of codes of conduct as defined by dozens of customer, firm, and industry groups and a host of certifying organizations. The cost of this wall of codes is clear for managers ...
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