What is the impact of financing on innovation, and how do entrepreneurs strategically access credit? Innovative ventures need advance financing, but they face unique obstacles to credit access. …Read More
What is the impact of financing on innovation, and how do entrepreneurs strategically access credit? Innovative ventures need advance financing, but they face unique obstacles to credit access. …Read More
This research project seeks to explore how differences within the members of a multi-party alliance (MPA) – specifically differences in power – impact innovative outcomes of the alliance using a unique dataset of over 345,000 pages of project documents covering approximately 3000 MPAs.…Read More
Why and how do private equity (PE) firms engage in technology acquisitions, and how do they create and capture value in these transactions? Observational data shows initial evidence that not only are PE firms engaging in an increasing number of technology buyouts, they are also seemingly behaving in distinct ways from both corporate acquirers, as well as PE firms in industries other than high-tech.…Read More
This study aims to understand how firm ownership and governance influence the adoption of disruptive technologies in the early stages of the technology cycle. There is a growing recognition that owners have different goals and motivations that in turn, shape the strategic direction of the firms they control.…Read More
We explore how intellectual property rights (IPR), a type of formal institution, affect firms’ access to global alliance networks and their positioning within those networks. We employed a difference-in-difference design to assess the impact of IPR reforms across thirteen countries.…Read More
Companies often showcase achievements of high performing “stars” to recognize them, but also motivate observing employees. However, “star” recognition can have both beneficial and detrimental effects on observing employees. …Read More
Indirect ties play an important role in the formation of new collaborative relationships. Yet we know little about how the mobility of such indirect ties changes the role that they play. In this paper, I explore how the organizational exit of common collaborators influences tie formation between previously unconnected workers. …Read More
We study how collocation — geographic clustering of business establishments owned by the same parent company — influences the productivity of establishments over time.…Read More
This study explores acquisition strategy of the U.S. technology sector. I plan to build a comprehensive and detailed dataset of acquisitions of US and foreign startups by US technology companies.…Read More
Collaboration between individuals is critical to innovation and knowledge creation. Within an organizational context, however, collaborative relationships can be subject to an abrupt end should a collaborator exit the organization. …Read More
In this project, I seek to compare how effectively family firms undertake and implement acquisitions and divestitures relative to their non-family counterparts. While family firms are less likely than non-family firms to undertake divestitures, the stock market returns earned by the family firms that undertake these deals exceed those of non-family firms.…Read More
We are exploring the reasons for the infamous “deny, deflect and delay” approach of Facebook leadership, and will argue that some of the damage they incurred might have been avoided had they absorbed four lessons we have drawn from our studies of highly vigilant organizations.…Read More
Our field’s growing attention to interorganizational network structure frequently builds on the Watts and Strogatz (1998) small world model. Our literature has identified “small worlds” — actual networks which simultaneously obtain relatively high clustering and short path length — in many contexts. …Read More
Existing research on the diffusion of innovations has focused on the benefits of using central influencers to trigger adoption cascades in networks. Yet, prior work has not examined how influencers’ role complexity moderates these benefits. …Read More
Managers have no shortage of advice on how to achieve organic sales growth through innovation. Prescriptions range from emulating the best practices of innovative companies like Amazon, Starbucks, and 3M to adopting popular concepts such as design thinking, lean startup principles, innovation boot camps, and co-creation with customers. …Read More
Former politicians on the board of directors bring to the firm domestic political connections and political knowledge. Previous research has mainly highlighted the role of contacts, without fully recognizing the role of political knowledge accumulated at home. …Read More
Why are some firms consistently able to grow faster than their rivals in the same industry? We employ dynamic capabilities theory to show that organic growth leaders excel because they have innovation prowess. …Read More
When firms span related product categories, spillovers across categories become central to firm strategy and industrial policy, due to their potential to foreclose competition and affect innovation incentives. …Read More
We offer the first field experiment showing how job assignments create social ties at work and influence their persistence. …Read More
Accreditation of providers helps resolve the pervasive information asymmetries in health care markets. However, meeting accreditation standards typically involves flexibility in implementation, leading to heterogeneity in performance. …Read More