Cooperative Strategies IG

Susan Perkins, Randall Morck, Bernard Yeung – Innocents Abroad

We examine international joint ventures in the telecommunications industry in Brazil, where pyramidal groups are ubiquitous. We explain how corporate governance differences between pyramidal groups versus widely held freestanding firms…

Gambardella, Panico, and Valentini on “Strategic Incentives to Human Capital”

Motivating human capital in knowledge-intensive activities is a serious managerial challenge because it is difficult to link rewards to actions or performance. Firms instead might motivate knowledge workers by offering…

The firm as an architect of polycentric governance

Emerging markets typically present additional obstacles for business operations because they lack the necessary underlying institutional infrastructure such as access to capital and labor markets. We introduce a new way…

Formal contracts and relational governance as substitutes or complements

Relational exchange arrangements supported by trust are commonly viewed as substitutes for complex contracts in interorganizational exchanges. Many argue that formal contracts actually undermine trust and thereby encourage the opportunistic…

Competing/Complementary Labels? Estimating Spillovers in Chinese Grn Bldg Cert

Many markets have several voluntary certification programs that sellers can use to signal product or organizational quality. Although many scholars emphasize the potential for competition between labels, we argue that…

From proprietary to collective governance

As firms consider transitioning proprietary products to more open platforms to grow market share and relevance, we suggest that managers consider the concerns of external participants when designing a system…

Strategic Responses to Crisis

A Virtual Special Issue edited by Matthias Wenzel, Sarah Stanske, and Marvin Lieberman Currently, the pandemic crisis is affecting the lives of people and organizations around the world. As the…

Image of main characters in Pretty Woman

Are Activist Investors the Villains?

by Daniel Keum Are activist investors the villains? In the movie “Pretty Woman (1990),” Richard Gere plays a corporate raider who takes over a struggling shipping company. The climax of…

Depiction of the Battle of Thermopylae Mamos

Reflections on Hannah and Eisenhardt’s “How Firms Navigate Cooperation and Competition in Nascent Ecosystems”: Exploring Bottlenecks as a Central Concept in Innovation Ecosystem Theory

by David Clough Industries in an early phase of emergence are steeped with uncertainty. When this is combined with a complex, novel technology, managers face a deeply challenging environment in…

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