This study uses inductive methodology to examine the motivations and team building processes of employee entrepreneurs through the analysis of thirty founding narratives of disk drive industry spinouts founded between 1977-1997. Our grounded theory building approach uncovers the underappreciated...

This paper sheds light on how non-profit organizations can aid economic development by supporting the emergence of markets and industries in developing country contexts. We qualitatively examine archival data on the development of two industries: grain-storage metal silos in Central America...

Human capital — defined as knowledge, experiences and skills of an individual — focuses on the importance of human capabilities. In contrast, human enterprise — defined as engaging in systematic, purposeful activity that may be daring or difficult — incorporates the important role of...

Although the adoption of new technology has received significant attention in management research, investigations of abandonment have lagged. In this study, we examine differences in the rates of abandonment of medical technologies based on whether abandonment occurs in response to the emergence...

The use of machine learning (ML) for productivity in the knowledge economy requires considerations of important biases that may arise from ML predictions. We define a new source of bias related to incompleteness in real time inputs, which may result from strategic behavior by agents. We theorize...

Screening is considered a necessary mechanism for alleviating information asymmetry but has also raised concerns of increased discrimination in online peer-to-peer market platforms. Paradoxically, providers of goods and services may also voluntarily forgo screening, even though it increases the...

Macroeconomic theory assumes that factors of production in the economy are homogeneous and fungible. As a result, it is poorly suited for analyzing and developing policy responses to the recent financial crisis. Theories of strategic management and organization, with their emphasis on...

Covenants not to compete are often included in employment agreements between firms and employees, justified by each party's voluntary “freedom to contract.” However, noncompetes may also generate externalities for all individuals in the market, including those who have not signed such...

We extend the concept of first mover advantage to the context of high-technology industries with multiple product generations, and propose that the notion of first mover advantage needs to be viewed not only through a dynamic lens, but also in conjunction with technological capability. Our main...

Prior research has identified new firm entry or price declines as key factors that relate to the timing of sales takeoff in new markets. This literature considers these variables to be exogenous and finds unilateral effects. In this paper, we model new firm entry and price declines as being...