Showing 1 - 10 of 63
This paper describes a phenomenon called "locally rational" decision-making, in which the mere presence of information may have dysfunctional consequences even if decision makers do not process the information incorrectly. Using the results from an experiment conducted with a strategic market...
Persistent link: https://www.econbiz.de/10009203698
The theoretical literature on managing R& D pipelines is largely based on real option theory making decisions about undertaking, continuing, or terminating projects. The theory typically assumes that each project or causally related set of projects is independent. However, casual observation...
Persistent link: https://www.econbiz.de/10009204124
A survey of more than 4,000 significant innovations and innovating firms in the UK from 1945--1983 shows that the scope … strategy in firms in different industries, and of different sizes. Thus, in large firms, divisionalisation can create the small …
Persistent link: https://www.econbiz.de/10009204314
transaction-cost economizing is a superior firm strategy regardless of the stage of the life cycle. This paper seeks to reconcile …
Persistent link: https://www.econbiz.de/10009204456
The purpose of this paper is to study the effect of the relationships between strategic type and strategy-making mode …, strategy-making mode. Hypotheses were stated on strategy "fit" of specific strategy type with strategy-making modes, where … strategic fit contributes to organizational performance. As part of a larger study of strategy formulation, the two top …
Persistent link: https://www.econbiz.de/10009208503
We analyze the optimal strategy of a high-quality incumbent that faces a low-quality ad-sponsored competitor. In … endogenous vertical differentiation concerns. We discuss how our study helps improve our understanding of notions of strategy …, business model, and tactics in the field of strategy. …
Persistent link: https://www.econbiz.de/10009208505
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
-maximizing strategy. Instead of trying to minimize it, the optimal way to manage customer churn is to engage in both offensive and …
Persistent link: https://www.econbiz.de/10009208886
An important business strategy research theme concerns finding ways to minimize competition faced by the firm. This … paper, however, focuses on a different set of situations: the model developed suggests that an innovator's best strategy may … whether encouraging cloning is the innovator's best strategy are: (1) the benefit to be derived in terms of added user base …
Persistent link: https://www.econbiz.de/10009208888
groups are based on 27 measured elements of corporate environment, corporate strategy, and formal and informal organization … heavily in innovation perform best financially. A smaller group of firms that are not innovative but which follow a strategy … environment, good strategy and good organization---strong positions in growing markets, investment in research and development …
Persistent link: https://www.econbiz.de/10009209035