Standard vs. Partnership-Embedded Licensing: Attention and the Relationship Between Licensing and Product Innovations

Published Research

This paper examines the relationship between the licensing of knowledge and the creation of product innovations. We consider that firms organize licensing activities in different ways and that licensees are heterogeneous with respect to the attention available to apply and transform in-licensed knowledge to create new product innovations. Read More

Predicting Startup Survival: The Antecedents and Consequences of a Balanced “Burn Rate”

Working Papers

How much to spend is a key managerial decision for entrepreneurs. Arguments favoring lean startups rely on the burden of rapid growth, reduced monitoring costs or the ineffcient use of cash. Arguments favoring high “burn rates” rely on the early creation of economies of scale and complementary assets; and the motivation benefits of efficiency wages and experimentation.Read More

Big Data, Information Technology, and Firm Performance

Working Papers

This study focuses on how data analytics talent in firms can have an effect on firms’ return on their technology investment. Especially with the rise of social media, cloud computing, as well as many other technologies that can capture detailed digital trace about various human interactions, we hope to understand how some firms can capture the value of the data and gain competitive advantage while some could not.Read More

How Does Performance Feedback Affect Boundary Spanning in Multinational Corporations? Insights from Technology Scouts

Published Research

As much as prior research has shed light on the boundary-spanning processes of global organizations and their (positive) impact on an MNC’s performance, whether, when and how past performance ultimately shapes an MNC’s boundary-spanning activities remains an open question in management research.Read More

Human Capital Investments, Shared Knowledge, and Performance: A study in the Off-shored IT Services Industry

Working Papers

This paper investigates under what conditions knowledge available to team members leads to positive performance outcomes. We surmise that mutual knowledge that enables the team members to coordinate their work efforts is beneficial for team performance up to a limit after which excess mutual knowledge causes a decline in performance.Read More

‘People Who Liked This Study Also Liked’: An Empirical Investigation of the Impact of Recommender Systems on Sales Diversity

Working Papers

We investigate the impact of several different recommender algorithms (e.g., Amazon.com’s “Consumers who bought this item also bought”), commonly used in ecommerce and online services, on sales volume and diversity, using field experiment data on movie sales from a top retailer in North America. Read More

Culture of Meritocracy and Innovation: How Firm Culture Can Motivate Effort, Performance, and Creativity

Funded Research Proposal

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

Strategy, Human Capital Investments, Business-Domain Capabilities, and Performance: A Study in the Global Software Services Industry

Published Research

In knowledge-based industries, continuous human-capital investments are essential for firms to enhance capabilities and sustain competitive advantage. However, such investments present a dilemma for firms, because human resources are mobile.Read More

Consequences of Misspecified Mental Models: Contrasting Effects and the Role of Cognitive Fit

Published Research

Mental models, reflecting interdependencies among managerial choice variables, are not always correctly specified. Mental models can be underspecified, missing interdependencies, or overspecified, containing nonexistent interdependencies.Read More

Ready To Be Open? Explaining the Firm-Level Barriers to Benefiting From Openness to External Knowledge

Published Research

While it is broadly recognized that sourcing external knowledge has a positive impact on firm innovation performance, we know very little about the firm-level conditions under which this relationship holds. Read More

Managerial Compensation and Corporate Spinoffs

Published Research

This article investigates how corporate spinoffs affect managerial compensation. These deals are found to improve the alignment of spinoff firm managers’ incentive compensation with stock market performance, especially among spinoff firm managers that used to be divisional managers of the spun-off subsidiary, and particularly when the spun-off subsidiary performs better than or is unrelated to its parent firm’s remaining businesses.Read More

Business Unit Divestiture Capability: Development and Performance Impact

Funded Research Proposal

This research project investigates the role of consultants and their “rented capabilities” in the post-acquisition integration process. As a first objective, we aim to shed light on the role of intermediaries — specifically, consultants — in the growth-by-acquisition process.Read More

Business model configurations and performance: A qualitative comparative analysis in Formula One racing, 2005-2013

We investigate the business model configurations associated with high and low firm performance by conducting a qualitative comparative analysis of firms competing in Formula One racing. We find that configurations of two business models — one focused on selling technology to competitors, the other one on developing and trading human resources with competitors — are associated with high performance.Read More

R&D Production Team Composition and Firm-Level Innovation

Working Papers

How should a firm organize the diversity of technical experience contained within its pool of inventive human capital when firm-level innovation is a desired performance outcome? Using a sample of biotechnology start-ups observed from their founding onwards we examine the implications of alternate firm-level design regimes.Read More

Divestiture Capability and Firm Performance

Funded Research Proposal

In order to sustainably innovate and grow, firms must, at times, shrink. This research is premised on the concept that the success of a firm’s innovation strategy relies not just on its ability to “grow smart,” but equally on its ability to “shrink smart.”Read More

The Importance of the Raw Idea in Innovation: Testing the Sow’s Ear Hypothesis

Published Research

How important is the original conception of an idea—the “raw” idea— to an innovation’s success? In this article, the authors explore whether raw ideas judged as “better” fare better in the market and also determine the strength of that relationship.Read More

Venture Performance, VC Experience, and Global Financial Markets

Working Papers

Even though it is well understood that the success of entrepreneurial ventures depends to a great extent on their interorganizational relationships, the role of the external environment in which these relationships unfold remains relatively unexplored. In contrast, resource-dependence theory regards the environment as a major factor in the degree to which external resources contribute to firm performance.Read More

When Do Firms Divest Foreign Operations?

Published Research

Extant literature on divestment has repeatedly found that firms are likely to divest their poorly performing operations. In this paper, I consider how product market relatedness and geographic market differences in growth, policy stability, and exchange rate volatility can moderate the negative relationship between performance and divestment.Read More