Research on Professional Service Firms (PSFs) has tended to treat them as homogeneous and to assume there are similarities in how they are organized and managed. This assumption has been challenged recently as scholars have drawn attention to organizational differences stemming from sources of...

In this article, we introduce the theme of the special issue, reviewing and analyzing 25 years of the professional partnership, or P2, stream of research. We structure our analysis around the three dimensions of control that structured the original P2 paper strategic, operating, and financial...

Although existing literature assumes that the human capital intensity of professional services leads to small and flimsy firms, several professional services feature large, long-lived firms. To develop insights about firm size and industry structure in human capital intensive industries, I...

Does commercial success diminish creativity? With arguments both for and against, the question remains one the biggest of puzzles in the study of creativity. In this paper, using novel measures of creativity and success, we identify the causal impact of success on subsequent levels of...

This chapter discusses the variety of approaches to the management of people in airlines from the Asia / Pacific / Middle East region in the face of increasing deregulation. We identify key differences between the institutional environment for airlines in the US versus those in Asia-Pacific...

Professions have long debated the desirability of outside investment and public ownership in particular. The traditional view holds that outside investors undermine professional ethics, and this fear underpins bans on public ownership. Others argue such restrictions are a way to reduce...