Three Essays on Firm Learning PDF Download

Author: William Martin Tracy
Publisher: ProQuest
ISBN: 9780549724650
Category :
Languages : en
Pages : 156

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Author: William Martín Tracy
Publisher:
ISBN:
Category : Economics, Mathematical
Languages : en
Pages : 320

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Author: Patia J. McGrath
Publisher:
ISBN:
Category :
Languages : en
Pages : 438

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The question of whether and how firms learn continues to fuel debate amongst strategic management scholars. Within its answer lies the potential for identifying and capitalizing upon valuable drivers of firm performance advantage. In this dissertation, I take aim at this question by investigating the viability and efficacy of three different learning processes in the context of corporate divestiture. This approach not only permits a comprehensive examination of firm learning, but also affords the opportunity to advance our understanding of a heretofore understudied, but important, mode of corporate development.

Author: Zhi Cao
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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In this dissertation, I examine the process and consequence of organizational learning in multibusiness firms by developing three interrelated empirical essays. In essay 1, I examine how multibusiness firms respond to social and historical performance comparison by internal and external restructuring, operationalized as business unit recombination and acquisition of external units or firms respectively. I build a theory on when multibusiness firms are more likely to rely on recombination to respond to performance feedback by highlighting the roles of the opportunity to restructure internally. In essay 2, I shift attention to examine how multibusiness firms respond to internal performance comparison between business units. I argue that multibusiness firms have two tendencies to respond to internal performance comparison-problem solving and winner rewarding. I also identify the conditions under which multibusiness firms are more problem solving or winner rewarding to respond to internal performance comparison. I highlight the roles of the business units' attention capturing and the multibusiness firms' risk aversion that jointly determine multibusiness firms' problem solving and winner rewarding tendencies. In essay 3, I investigate the influence of pre-entry learning on the performance of new entrants. This essay is the first step of my inquiry of how learning in multibusiness firms influences industry evolution and entrepreneurship. Focusing on the experience accumulated via learning before entry, I examine the relationship between pre-entry experience and new venture performance by conducting a meta-analysis.

Author: Lieven Lode Demeester, 1968-
Publisher:
ISBN:
Category : Production management
Languages : en
Pages : 266

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Author: Carolyn Jiaming Fu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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This dissertation comprises three essays that explore the locus of learning and innovation in organizations and their environments, and the resulting impact on firm strategy. The first essay examines how firms can learn from a diverse set of sources. The returns to social learning are expected to be low in contexts rife with interdependencies, where practices from one context may be incompatible with those from another. Using a computational simulation, this essay shows that centralized social learning proves surprisingly robust to this challenge, and that to resolve it, firms should counterintuitively double down on social learning. The second essay examines how firms can leverage the market for systemic innovation. This is a task typically understood to be best accomplished through vertical integration, where the firm can easily explore alternative resource combinations. However, using a qualitative archival analysis of an opera company and a computational simulation, this paper shows that specialized producers' reputational concerns lead them to undertake systemic innovation, the value of which a firm can in fact undercut by trying to vertically integrate. The third essay examines how firms should take audience learning into account during experimentation. While firm learning calls for its experiments to be conducted as separately as possible from their core activities, audience learning (especially in cultural markets) often necessitates their integration in order to properly value an innovation. This essay uses a qualitative archival analysis of a ballet company to elucidate the challenge this creates for experimentation, and how firms can address this by strategically choosing their audience, and periodically replacing their experimentation units.

Author:
Publisher:
ISBN:
Category : English literature
Languages : en
Pages : 132

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Author: Hilde Patron
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 404

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Author: Iván Blanco
Publisher: Ed. Universidad de Cantabria
ISBN: 8481028770
Category : Business & Economics
Languages : en
Pages : 90

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Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.

Author: Tjalling C. Koopmans
Publisher: Martino Fine Books
ISBN: 9781614273868
Category : Business & Economics
Languages : en
Pages : 244

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2012 Reprint of 1957 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. Tjalling Charles Koopmans (1910 - 1985) was the joint winner, with Leonid Kantorovich, of the 1975 Nobel Memorial Prize in Economic Sciences. In 1944 Koopmans joined the Cowles Commission for Research in Economics at the University of Chicago, where he extended his technique to a wide variety of economic problems. When the commission was relocated to Yale University in 1955, Koopmans moved with it, becoming professor of economics at Yale. He wrote a widely read book on the methodology of economic analysis, "Three Essays on the State of Economic Science" in 1957. Essays are: Allocation of Resources and the Price System The Construction of Economic Knowledge The Interaction of Tools and Problems in Economics