Anticipating complex contractual issues, which can lead to to market ‘failures', managers often choose to bring economic activity inside the firm. (We are of course using “failure” in a comparative institutional context reflecting an understanding that better ways of organizing are...

A firm's business strategies regarding the choice of a market, market entry timing, and entry mode can significantly influence the firm's performance. A number of factors such as control, experience, and cultural distance can influence the formulation of a firm's market entry strategy – e.g....

Basic research can be defined as systematic inquiry that involves a quest for some fundamental scientific aspects of phenomena without any specific practical applications in mind. The payoff of basic research is often uncertain and once published, difficult to appropriate. Accordingly, the...

Established theories of the multinational enterprise (MNE) were created for a different, less globally competitive world. Today's MNEs are moving toward the stateless ideal type known as a metanational. Because considerable central authority remains, we call the emerging model the meta-MNE and...

This study explores relationships between campus leadership and the organizational-level dynamic capabilities that underpin the management of research universities. Our observations suggest that the presence of leaders who marry strategic thinking and capabilities development enhance the...

This paper examines the roles played by middle- and top-level managers in the dynamic capabilities framework. The key entrepreneurial capabilities needed for asset orchestration and realignment of the enterprise often reside in the skills and knowledge of top managers. Although dynamic...