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What Makes Them Tick? Employee Motives and Firm Innovation

Sauermann, Henry; Cohen, Wesley M. - In: Management Science 56 (2010) 12, pp. 2134-2153

Economists studying innovation and technological change have made significant progress toward understanding firms …' profit incentives as drivers of innovation. However, innovative performance in firms should also depend heavily on the …

Persistent link: https://www.econbiz.de/10009214327

Mobility, Skills, and the Michigan Non-Compete Experiment

Marx, Matt; Strumsky, Deborah; Fleming, Lee - In: Management Science 55 (2009) 6, pp. 875-889

Whereas a number of studies have considered the implications of employee mobility, comparatively little research has considered institutional factors governing the ability of employees to move from one firm to another. This paper explores a legal constraint on mobility--employee non-compete...

Persistent link: https://www.econbiz.de/10009218273

Fortune Favors the Prepared Firm

Cohen, Wesley M.; Levinthal, Daniel A. - In: Management Science 40 (1994) 2, pp. 227-251

A critical factor in industrial competitiveness is the ability of firms to exploit new technological developments. We term this ability a firm's absorptive capacity and argue that such a capability not only enables a firm to exploit new extramural knowledge, but to predict more accurately the...

Persistent link: https://www.econbiz.de/10009191322

Appropriability and Commercialization: Evidence from MIT Inventions

Dechenaux, Emmanuel; Goldfarb, Brent; Shane, Scott; … - In: Management Science 54 (2008) 5, pp. 893-906

effect on the hazard of license termination. The effectiveness of learning has a strong positive effect on the hazard of …

Persistent link: https://www.econbiz.de/10009191970

Selectionism and Learning in Projects with Complexity and Unforeseeable Uncertainty

Sommer, Svenja C.; Loch, Christoph H. - In: Management Science 50 (2004) 10, pp. 1334-1347

actions beforehand). There are two fundamental strategies to manage innovation with unforeseeable uncertainty and complexity …: trial and error learning and selectionism. Trial and error learning involves a flexible (unplanned) adjustment of the … a rugged landscape. We compare the project payoff performance under trial and error learning and selectionism, based on …

Persistent link: https://www.econbiz.de/10009197959

Competing Through Cooperation: The Organization of Standard Setting in Wireless Telecommunications

Leiponen, Aija Elina - In: Management Science 54 (2008) 11, pp. 1904-1919

This study examines cooperative standard setting in wireless telecommunications. Focusing on the competition among firms to influence formal standardization, the roles of standard-setting committees, private alliances, and industry consortia are highlighted. The empirical context is Third...

Persistent link: https://www.econbiz.de/10009208643

The Impact of Personal Experience on Behavior: Evidence from Video-Rental Fines

Haselhuhn, Michael P.; Pope, Devin G.; Schweitzer, … - In: Management Science 58 (2012) 1, pp. 52-61

Personal experience matters. In a field setting with longitudinal data, we disentangle the effects of learning new … learning new information, significantly boosts future compliance. We also show that experience with a large fine boosts …

Persistent link: https://www.econbiz.de/10010990441

Robust Portfolio Choice with Learning in the Framework of Regret: Single-Period Case

Lim, Andrew E. B.; Shanthikumar, J. George; Vahn, Gah-Yi - In: Management Science 58 (2012) 9, pp. 1732-1746

the prior distribution, and the learning model involves Bayesian updating of these Lagrange multipliers/prior. This …. These results show that regret is a natural means by which robust decision making and learning can be combined. <i …

Persistent link: https://www.econbiz.de/10010990462

Chasing a Moving Target: Exploitation and Exploration in Dynamic Environments

Posen, Hart E.; Levinthal, Daniel A. - In: Management Science 58 (2012) 3, pp. 587-601

A common justification for organizational change is that the circumstances in which the organization finds itself have changed, thereby eroding the value of utilizing existing knowledge. On the surface, the claim that organizations should adapt by generating new knowledge seems obvious and...

Persistent link: https://www.econbiz.de/10010990471

Specialization and Variety in Repetitive Tasks: Evidence from a Japanese Bank

Staats, Bradley R.; Gino, Francesca - In: Management Science 58 (2012) 6, pp. 1141-1159

Sustaining operational productivity in the completion of repetitive tasks is critical to many organizations' success. Yet research points to two different work-design-related strategies for accomplishing this goal: <i>specialization</i> to capture the benefits of repetition and <i>variety</i> (i.e., working...

Persistent link: https://www.econbiz.de/10010990493