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Overcoming Resource Constraints on Product Innovation by Recruiting Talent from Rivals: A Study of the Mutual Fund Industry
Although recruitment is a practical strategy young and poorly connected firms can use to overcome constraints on product innovation, it has received little attention. Younger firms and poorly connected firms have lower rates of product innovation…
Performance Impact of Technological Assets and Reconfiguration Capabilities: The Case of Small Manufacturing Firms in Japan
The purpose of this study is to investigate the relationships between firm resources and performance. We divide firm resources into two types: primary resources and support resources. Primary resources include technological assets and…
Private Politics and Private Policy: A Theory of Boycotts
Pubic policies such as regulation, antitrust, and international trade are the result of public politics and competition over who gets what with government the arbiter of that competition. Policies are also chosen by private parties without the…
Renegotiation of Supply Contracts
After entering into supply contracts, firms often later renegotiate the terms of those contracts. For example, firms that obtain market demand information after signing supply contracts may benefit by renegotiating the contracts to allow buyers…
Research in Organizational Behavior: An Annual Series of Analytic Essays and Critical Reviews (Volume 24)
Volume 24 of Research in Organizational Behavior (ROB) contains a broad and eclectic set of offerings. The chapters address a variety of recent and important concerns in organizational theory, ranging from the evolution…
Risk Sharing and Asset Prices: Evidence From a Natural Experiment
When countries liberalize their stock markets, firms that become eligible for purchase by foreigners (investible), experience an average stock price revaluation of 15.1 percent. Since the covariance of the mean investible firms stock return with…
Seeing Approach Motivation in the Avoidance Behavior of Others: Implications for an Understanding of Pluralistic Ignorance
Four studies tested the hypothesis that observers tend to interpret others’ actions as approach motivated even when they recognize that their own identical choices were motivated by avoidance. Study 1 found that voters in the 2000 U.S.…
Selection Criteria for Roll Call Votes
On grounds of inclusion of undesirable votes (type I errors) and exclusion of desirable votes (type II errors), we question the convention of selecting only final passage votes for roll call analysis. We propose an alternative selection method…
Sell the Plant? The Impact of Contract Manufacturing on Innovation, Capacity and Profitability
In the electronics industry and others, Original Equipment Manufacturers (OEMs) are selling their production facilities to contract manufacturers (CMs). The CMs achieve high capacity utilization through pooling (supplying many different OEMs).…
Social capital and organizational change in high-involvement and traditional work organizations
Strategy as Vector and the Inertia of Coevolutionary Lock-in
To examine the consequences of a period of extraordinary success for the long-term adaptive capability of a firm’s strategy-making process, this comparative longitudinal study of Andy Grove’s tenure as Intel Corporation’s chief executive officer…
Strategy as Vector and the Inertia of Co-evolutionary Lock-in
This comparative longitudinal study of Andy Groves tenure as Intel Corporations CEO (1987-1998) documents how he moved Intels strategy-making process from an internal ecology model to the classical rational actor model. His creation of a highly…
Strategy is Destiny: How Strategy-making Shapes a Company’s Future
How did a pioneering company in the semiconductor industry not only survive but thrive in the face of the explosive change and upheavals that forced it to transform itself twice in the course of its thirty-year history? The answer lies in the…
Structural Inertia and Organizational Change Revisited I: Architecture, Culture and Cascading Change*
This paper develops a formal theory of the structural aspects of organizational change. It concentrates on the significance of changes in an organization’s architecture and culture, each represented as a code system. A change is significant when…
Structural Inertia and Organizational Change Revisited II: Complexity, Opacity, and Change*
This paper extends a formal theory of structural aspects of organizational change initiated by Hannan, Polos, and Carroll (2002a, hereafter HPCa). This analysis focuses on the implications of limited foresight of the cascades of consequences of…
Structural Inertia and Organizational Change Revisited III: The Evolution of Organizational Inertia*
Building on a formal theory of the structural aspects of organizational change initiated in Hannan, Polos, and Carroll (2002a, 2002b), this paper focuses on structural inertia. We define inertia as a persistent organizational resistance to…
Subjective Reasoning in Dynamic Games
A unified framework is developed for representation of, and reasoning about dynamic games. A game is described by the subjective knowledge of players at hypothetical situations - the epistemic game form. Subjective knowledge - termed confidence…
The BP Amoco/ARCO Merger: Alaskan Crude Oil
The merger of British Petroleum and Atlantic Richfield as proposed would have made BP the sole operator and 70 percent owner of Alaska’s oil fields. The Federal Trade Commission challenged the merger partly out of concern for higher West Coast…
The Emergence of Homegrown Stereotypes
Homegrown stereotypes are generalizations that groups develop about their own –typical characteristics. They are a distinct class of in-group stereotypes in the contexts and processes that give rise to them, as well as in their consequences for…