7,702 research outputs found

    Network-independent partner selection and the evolution of innovation networks.

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    Empirical research on strategic alliances has focused on the idea that alliance partners are selected on the basis of social capital considerations. In this paper we emphasize instead the role of complementary knowledge stocks (broadly defined) in partner selection, arguing not only that knowledge complementarity should not be overlooked, but that it may be the true causal force behind alliance formation. To marshal evidence on this point, we design a simple model of partner selection in which firms ally for the purpose of learning and innovating, and in doing so create an industry network. We abstract completely from network-based structural and strategic motives for partner selection and focus instead on the idea that firms’ knowledge bases must “fit” in order for joint leaning and innovation to be possible, and thus for an alliance to be feasible. The striking result is that while containing no social capital considerations, this simple model replicates the firm conduct, network structure, and contingent effects of network position on performance observed and discussed in the empirical literature.

    Network-independent partner selection and the evolution of innovation networks

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    Empirical research on strategic alliances has focused on the idea that alliance partners are selected on the basis of social capital considerations. In this paper we emphasize instead the role of complementary knowledge stocks (broadly defined) in partner selection, arguing not only that knowledge complementarity should not be overlooked, but that is may be the true causal force behind alliance formation. To marshal evidence on this point, we design a simple model of partner selection in which firms ally for the purpose if learning and innovating, and in doing so create an industry network. We abstract completely from network-based structural and strategic motives for partner selection and focus instead on the idea that firms' knowledge bases must "fit" in order for joint learning and innovation to be possible, and thus for an alliance to be feasible. The striking result is what while containing no social capital considerations, the simple model replicates the firm conduct, network structure, and contingent effects of network position on performance observed and discussed in the empirical literature.Network formation and dynamics, Innovation, Knowledge, Alliances

    AN EMPIRICAL ANALYSIS OF REPUTATION EFFECTS AND NETWORK CENTRALITY IN A MULTI-AGENCY CONTEXT

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    Signals convey information to marketplace participants regarding the unobservable quality of a product. Whenever product quality if unobservable prior to purchase, there is the risk of adverse selection. Problems of hidden information also occur in the consumer marketplace when the consumer is unable to verify the quality of a good prior to purchase. The sending, receiving, and interpretation or signals are potential ways to overcome the problem of adverse selection. In general, there is a lack of empirical evidence for signaling hypothesis, particularly that which links signaling to business performance outcomes. This research proposes that reputation serves as a marketplace signal to convey unobservable information about products offered for sale. Signaling hypotheses are tested in a network context, examining the influence of signals throughout a network of buyers and sellers in a marketplace. There are many situations where a signal does not affect just one sender and one receiver; multiple constituencies may be aware of and react to a given signal. This study incorporates the actions of seller side principals, seller side agents, and buyer side agents when examining marketplace signals and provides a new perspective and better vantage point from which to test signaling theory. The research setting for this study is the world’s largest individual marketplace for Thoroughbred yearlings. Several sources of secondary data are employed. These openly available published sources of information were selected as representative of the information that would typically be available to marketplace principals and agents to use in planning interactions in this unique live auction marketplace. The findings from his study indicate that the reputation of seller side principals and agents affect the eventual business performance outcomes as measured by final price brought at auction for goods. Specifically, seller side principals and agents who have developed a reputation for producing or selling high-priced or high-performing goods will be rewarded in the marketplace with relatively higher prices for their goods. Buyer side agents who are more central in the marketplace will pay relatively higher prices for goods. Evidence suggests that more central seller side agents will receive relatively higher prices for their goods

    Sustainable supply chain governance:A literature review

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    Governance is one of the core concepts underlying sustainable supply chain (SC). Although governance practices are widely acknowledged and implemented, literature discussing those practices is not as thoroughly organized. The purpose of this paper is therefore to investigate the forms, dynamics, and development of sustainable supply chain governance (SSCG). We reviewed a total of 126 articles in operations and SC management peer-reviewed journals spanning 15 years of recent research. Our literature analysis unveils several key themes concerning the popularity of contractual and relational governance, the role of SC lead firms, the network perspective, and the dynamics of governance mechanisms. At a higher conceptual level, we conclude that there exists a mutually dependent relationship between SSCG and SC complexity. The study summarizes and conceptualizes the recent scholarly conversations about SSCG and offers an agenda for further research.</p

    Navigation in new terrain with familiar maps: Masterminding socio-spatial equality through resource oriented innovation policy.

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    This paper explores how political struggles influence innovation policy through a Norwegian case study on the formation of a state-funded research and development program for utilizing natural gas feedstock from the North Sea. Despite the apparent dominance of business, specialized branches of the state, and R&D institutions in the realm of innovation policy, the key argument of this paper is that labor unions and regional interests exert considerable influence in shaping national innovation policy, in particular when reflexively exploiting new forms of state accumulation strategies while retaining a defensive stance against deindustrialization. First, we argue that the struggle for state funding to natural-gasbased R&D was particularly effective because appropriate strategic political networks and alliances were mobilized. Second, the construction of strategic arguments to accommodate the social corporatist heritage of state intervention on the one hand and the competitionoriented language of flexible specialization on the other, proved crucial for acceptance as a state strategy. The paper engages a Strategic– Relational Approach to state theory and argues that this is a useful starting point when studying how particular contexts affect how and why certain innovation policies emerge. In doing so, we also address the lack of political analysis in innovation studies.

    Sustainable supply chain governance:A literature review

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    Governance is one of the core concepts underlying sustainable supply chain (SC). Although governance practices are widely acknowledged and implemented, literature discussing those practices is not as thoroughly organized. The purpose of this paper is therefore to investigate the forms, dynamics, and development of sustainable supply chain governance (SSCG). We reviewed a total of 126 articles in operations and SC management peer-reviewed journals spanning 15 years of recent research. Our literature analysis unveils several key themes concerning the popularity of contractual and relational governance, the role of SC lead firms, the network perspective, and the dynamics of governance mechanisms. At a higher conceptual level, we conclude that there exists a mutually dependent relationship between SSCG and SC complexity. The study summarizes and conceptualizes the recent scholarly conversations about SSCG and offers an agenda for further research.</p

    The Legitimation of Peripheral Producers’ Novelty by External Audiences: The Contingent Role of Consultants

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    Are radically novel practices more likely to attract recognition when the evaluating audience is composed of external evaluators? Our baseline argument asserts that radical novelty is more likely to be positively evaluated by an external audience and that peripheral (rather than core) producers have higher incentives to adopt novel practices that depart from tradition. Yet, because peripheral producers often lack the necessary support and legitimacy to promote novelty, audiences play a critical role in recognizing their innovative efforts. How can peripheral producers mitigate the challenges associated with novelty recognition? To answer this question, we explore how peripheral producers’ collaboration with acclaimed consultants affects the process of external audience recognition in the context of the Italian wine field from 1997 to 2006. Our findings suggest that radical novelty is positively received by an external audience composed of critics, although we do not find a significant difference between core and peripheral producers. However, external audiences are more open to recognizing peripheral producers’ use of novel practices when they collaborate with well-connected consultants. We find that the use of central consultants produces a “boosting” effect that accentuates the differences between evaluations of peripheral producers who embrace novelty and evaluations of those that follow the tradition. Our study thus advances theory by providing empirical evidence of the value of considering third-party actors such as consultants, who sit at the nexus between the agency required for innovation and external audiences’ recognition of novelty, when studying novelty evaluation and recognition

    The power of the “weak” and international organizations

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    By nearly every measure, power in the international system is concentrated, meaning that most states lack significant power resources. And yet international relations theory tends to focus on the behavior of great powers. This special issue instead explores the strategies that “weak” states use in the context of international organizations both to advance their interests and to resist pressure from stronger states. We define weakness as a relative lack of power across one or more dimensions. While the literature, to the extent it has focused on weak actors, has too often defined weakness solely in material terms, we adopt a broader conception that builds on the influential typology of power by Barnett and Duvall (Barnett and Duvall, 2005a, Barnett and Duvall, International Organization 59, 39–75, 2005b). A multidimensional conceptualization of power allows analysts to show how actors that are weak in one dimension (often material power) may be stronger on other dimensions, giving them greater capacity for action than is often recognized. From this framework we create a typology of “strategies of the weak” that emphasizes the agency of weaker actors to make the most of their positions. The contributions to the special issue, summarized here, illuminate and substantiate many of these strategies across a diverse range of international organizations, understood as both forums and actors. As the articles show, these alternative theoretical mechanisms help explain how and why seemingly weak states sometimes fare better than a simplistic assessment of their material capabilities might suggest. By deepening our understanding of weakness and how it influences state behavior, the volume advances our theoretical understanding of how power is built, wielded, and resisted in and through international organization
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