Happy Ever After? Collaborative Experience, Collaborative Performance, and Subsequent Independent Product Innovation

Working Papers

This study examines the extent to which firms that are collaborating with other firms in a particular area of business subsequently change modes of governance and undertake independent activities in the same area of business. Read More

Pursuing the New While Sustaining the Current: Incumbent Strategies and Firm Value During the Nascent Period of Industry Change

Published Research

This study considers the nascent period of industry change when the prevalent business model is being threatened by a new model, but there is significant uncertainty with respect to whether and when the new model will dominate. Read More

Do Institutional Reforms Perpetuate or Mitigate the Matthew Effect? Intellectual Property Rights and Access to International Alliances

Working Papers

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

Small Worlds in Context: How Generalizable is Interorganizational Network Structure?

Working Papers

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

Borrow, Buy, and Invest: Complementarity and Substitutability of External Corporate Development Modes

Funded Research Proposal

I aim to contribute to corporate strategy and technology and innovation management literatures by refining the way we think about how firms’ externally accessible resources and capabilities influence those firms’ heterogeneous boundary choices and their resulting outcomes. Read More

Network Externalities and Firm Innovation

Funded Research Proposal

We propose a novel theory of network externalities to explore the causal relationship between a firm’s position in an alliance network and its innovation outcomes. We posit that the network position a focal firm occupies can be unexpectedly and suddenly reshaped by the acquisitions of other firms. Read More

Competition–Cooperation Interplay during Multifirm Technology Coordination: The Effect of Firm Heterogeneity on Conflict and Consensus in a Technology Standards Organization

Published Research

We examine how competitive tensions and cooperative motivations together shape firms’ interactions and group‐level outcomes during technology coordination activities in multifirm settings. Read More

Confrontation or Collaboration: The Role of Social Movements in Firm-Level Innovation

Funded Research Proposal

The past decade has witnessed an explosion in research at the intersection of markets and social movements, with an increasing acknowledgment of social movements as key drivers of change in organizations and markets. Social movements create new products and markets, change practices in existing organizations, and can have profound impacts on the commercialization of innovation. Read More

A Typology of R&D Processes Based on Market Excludability and Information Appropriability 

Working Papers

We explore the relationship between competition among downstream commercializing firms (e.g. incumbent pharmaceutical firms) and upstream innovative firms (e.g. startup biotechnology firms). We find that in an alliance regime, common in high technology industries, competition among the commercializing firms can reduce the productivity of the innovators, resulting in a net loss of societal welfare (e.g. less drugs invented and brought to market). Read More

The Impact of Context and Model Choice on the Determinants of Strategic Alliance Formation: Evidence from a Staged Replication Study

Published Research

Endogenous characteristics of alliance network structure have repeatedly been shown to predict future alliance ties in the strategic management literature. Specifically, the concepts and measures of relational, structural, and positional embeddedness (per Gulati and Gargiulo, 1999), as well as interdependence, are foundational for many studies.Read More

Conflict, Cooperation, and Consensus in Standards-Setting

Funded Research Proposal

We study how firms simultaneously engage in competition and cooperation in technology standard-setting multipartner alliances. Departing from prior research that has typically explored competition in isolation from cooperation, we bridge these two literatures by examining firm communication and community consensus in these venues.Read More

Knowledge Distance, Team Heterogeneity and Innovation: A Bridge Too Far?

Working Papers

How do entrepreneurial alliances shape new venture merger likelihoods and performance? This research is interested in exploring a knowledge mechanism which can cut both ways: as startups develop portfolios of alliance partners, there may be higher incentives for a given counterparty to try to acquire the startup so that it can mitigate the outflow of knowledge to other firms.Read More

The First Step to Successful Innovation? Choosing the Right Partners

Wharton management professor Exequiel Hernandez searches for the optimal mix of domestic and foreign partners in a firm’s network. The answer depends on what type of innovative solution a firm is trying to produce.Read More

Competition, cooperation, and evolution in alliance networks

Funded Research Proposal

1) We examine the evolution of alliance networks by predicting ties and structure in the chemical and semiconductor industries. We compare our results to historical studies to determine how industry, timeframe, and method affect findings. 2) We explore the relationship between alliance networks and the locus of technological development which focuses on the standards-setting context.Read More

Shrouded in Structure: Challenges and Opportunities for a Friction-Based View of Network Research

Published Research

Whereas network ideas and approaches have become prominent in both the managerial and sociological literatures, we contend that the increasing emphasis on network structures and their evolution has distracted us from the important issue of whether and when networks actually work in the ways that our theories assume.Read More

Division of Relational Rents by Alliance Partners

Funded Research Proposal

How do alliance partners generate relational rents in the partnership? Many studies in the strategy literature have investigated the creation of value by strategy alliances. However, it is somewhat surprising that very few of them have explored the division of the value created between alliance partners.Read More

Opening Up but Staying Local: Insights from Partnership Formations between Established and Startup Firms

Working Papers

In this paper, we develop a theoretical framework that considers that firms may be subject to both spatial and temporal myopia when crossing organizational boundaries and have a history of failures and successes in solving R&D problems. We use this framework to clarify how established firms search for and select among emerging partnering opportunities.Read More

Origins and Outcomes of Entrepreneurs’ Network Ties

Published Research

This research explores the relationship between incumbent pharmaceutical firms and biotechnology startups. Skilled incumbents are more likely to bring a drug to market, market the drug well, etc., and add value to the startup and increase its chance of a successful exit (IPO or M&A event).Read More