Corporate Strategy

Christian Stadler on Erwin Danneels about innovation & competence renewal

This study examines how product innovation contributes to the renewal of the firm through its dynamic and reciprocal relation with the firm’s competences. Field research in five high-tech firms of…

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Kim Boal on emerging from bankruptcy

Applications of signaling theory to predict reorganization outcomes are in their infancy. The dynamic integrative framework developed in this study is useful in identifying different types of signals and predicting…

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Entry, Exit and the Potential for Resource Redeployment

The ability to redeploy resources inside the firm reduces the cost of entry “mistakes.” If a new business turns out to have poor profitability, the ability to redeploy more of…

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Replication using templates

Transferring valuable practices within the firm is an important yet difficult task for many firm types, especially multi-unit firms. One way that firms choose to transfer practices is through the…

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The Dark Side of Institutional Intermediaries

Investors and entrepreneurs face uncertainty when deciding what firms to start and fund. We show that an intermediation effort to make entry easier for entrepreneurs increases the uncertainty that entrepreneurs…

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Hyperspecialization and Hyperscaling: A Resource-Based Theory of the Digital Firm

Digital firms tend to be both nar-row in their vertical scope and large in their scale. Weexplain this phenomenon through a theory about howattributes of firms’ resource bundles impact their…

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How Does a Partner’s Acquisition Affect the Value of the Firm’s Alliance with That Partner?

How does an acquisition initi-ated by a firm’s alliance partner affect the value thatthe firm can create and capture from its alliance withthat partner? We conjecture that the similarity betweenthe…

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The effect of coordination requirements on sourcing: Evidence from patent prosecution services

Although the link betweencoordination requirements and vertical integration istheoretically well established, empirical tests of thisrelationship are hard to implement due to the simulta-neous determination of both variables. In this study,we…

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Market Exit: Divestment or Redeployment

Originally published at SMS Journals Press Releases Multi-business firms have flexibility advantages over single-business rivals because they have the option to redeploy resources across businesses. This flexibility, it has been…

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Uneven Knowledge Geographies and Corporate Knowledge Strategies

by Pengfei Li and Harald Bathelt Think about where innovative firms in high-tech industries are based: Silicon Valley, Boston, Shenzhen, Bangalore, Waterloo, Tel Aviv, London, Berlin, Toronto, and so on.…

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