Gina Bianchini, CEO and Founder of Mighty Networks, discusses how her company aims to offer an alternative to the social media giants by creating localized, niche networks that create strong relationships between communities and local businesses.…Read More
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
While much strategic management research examines network evolution through a micro-level focus on the dyads composing networks, far fewer studies have attempted to analyze network structure and evolution at the more macro level of aggregate networks. …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
The growth of the global technology industry drives the migration of skilled labor towards countries like the United States that can utilize it, but the U.S. limits the immigration of skilled workers that are employed domestically by U.S. firms. Proponents argue skilled immigration allows firms to access technical skills that unavailable domestically and promote innovation, but there is little evidence of whether this firm-level effect exists.…Read More
Common wisdom holds that the high degree of specialization among individuals and work groups in large and mature firms enhances operational efficiency but stifles individuals’ entrepreneurial initiatives. Yet it remains unclear how individuals could navigate in such work contexts to develop their own entrepreneurial initiatives.…Read More
The networks literature examining the diffusion of complex innovations by social contagion has focused on the benefits of “multiplex” (or “wide”) ties in these processes. Multiplex ties span different types of networks to create inter-connectivity across subgraphs within a community. …Read More
Research linking interorganizational networks to innovation has focused on spanning structural boundaries as a means of knowledge recombination. Increasingly, firms also partner across institutional boundaries (countries, industries, technologies) in their search for new knowledge.…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
Under the Trump administration, corporate tax policies have been recently attracting more and more attention. While there are papers studying direct effects of corporate tax, there is no research on indirect effects of corporate tax through the firm network. …Read More
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
An increasing number of start-ups create online and offline shared goal communities for individuals with similar goals to work towards them in the company of others. Such platforms allow individuals to connect and share effort information under the premise that it is more likely for consumers to reach their goals if they can gauge their activity in line with others’ activities.…Read More
Dealing with the threat of new entrants into its market is among the most fundamental strategic imperatives for any firm. This threat could be enhanced for various reasons, most prominently institutional or technological changes.…Read More
Strategic alliances with established enterprises are known to be a valuable resource for entrepreneurial firms to obtain access to knowledge and resources which support their growth. In this paper we examine how the networks of the venture capitalists (VCs) that back them influence startups’ access to these alliances. …Read More
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
Venture capitalists often choose to form syndicates (groups of VCs) which jointly invest in projects instead of one VC funding the project individually. What are the determinants of who chooses to syndicate with whom?…Read More
We study how competitive and cooperative motivations simultaneously shape firm-level interactions and community-level outcomes in a unique multiparty arrangement, the technology standards-setting organization (SSO).…Read More
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
This research project examines how organizations can develop innovative solutions to large-scale socio-economic problems in emerging markets through multi-stakeholder partnerships. The objective is to determine how these partnerships are built, what the optimal configuration of partners is, and how the partnerships should be coordinated.…Read More
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
