Firm-specific human capital (FSHC) has been an integral part of the vocabulary in the strategy field. Many scholars argue that FSHC inhibits employee mobility and drives…
Firm-specific human capital (FSHC) has been an integral part of the vocabulary in the strategy field. Many scholars argue that FSHC inhibits employee mobility and drives employee retention at a discount, value appropriation, and firms' competitive advantage. FSHC also plays a central role in the resource-based view of the firm. In recent years, however, a significant debate has emerged on the validity and usefulness of the construct. The purpose of the chapter is to revisit this debate and discuss both challenges and opportunities related to FSHC. In a form of conversation, we take aim at FSHC from different angles and discuss its role as a mobility friction, in value appropriation of established firms, in the context of transitions between paid employment and entrepreneurship, and in the views of practitioners. While we agree that our understanding of the concept of FSHC must evolve, we continue to see its value in our theoretical toolbox.
We discuss recent methodological advances in the NK modeling in the Strategy literature and analyze issues related to its current use including different implementation…
We discuss recent methodological advances in the NK modeling in the Strategy literature and analyze issues related to its current use including different implementation algorithms, relative versus absolute performance, establishing significance of simulation results and long- versus short-term performance measurements. To facilitate cross-pollination of ideas, we point to advances and extensions of the model developed in other fields that could be effectively utilized to answer Strategy-related questions. These include modeling the strength of interaction, varying the importance of decision elements, utilizing alternative functional forms, incorporating endogeneity in N and K parameters and embedding the NK model in a broader dynamic framework.
This chapter investigates the relationship between the composition of initial spinout teams and spinout survival. We develop a theory suggesting that spinout founders…
This chapter investigates the relationship between the composition of initial spinout teams and spinout survival. We develop a theory suggesting that spinout founders hiring from their prior firm versus hiring from the external labor market to assemble spinout teams will have differential effects on spinout survival. Using confidential employee–employer linked data in the legal services industry provided by the United States Census Bureau, we find evidence that inclusion of spinout team members from the founder's prior firm is positively related to spinout survival, a relationship which increases with included members' prior earnings. In contrast, we find that inclusion of spinout team members from firms outside the founder's prior firm is positively associated with spinout failure, a relationship which becomes statistically insignificant when included team members' prior earnings are high. Taken together, our results point to the potential hazards associated with using external markets to assemble spinout teams, thereby establishing an important boundary condition for extant theory which has focused on the benefits associated with spinout team size, but has often neglected the labor market strategy through which such teams are assembled.
Entrepreneurship-related research in management and organizational journals has experienced rapid growth, particularly in the last several years. The purpose of this study…
Entrepreneurship-related research in management and organizational journals has experienced rapid growth, particularly in the last several years. The purpose of this study is to identify the researchers and universities that have had the greatest influence on entrepreneurship research since the turn of the century. Using a systematic and comprehensive study identification protocol, the authors delve into the individual and institutional actors contributing to scholarship in entrepreneurial studies for the period from 2000 to 2015. Examination of top-tier management and organizational journals revealed that a total of 371 entrepreneurship-related articles were published during this period by 618 authors from 303 different institutions. Rankings for the most prolific individuals as well as institutions, adjusted and unadjusted for journal quality, are presented. The article concludes with a discussion of the limitations and implications of the research undertaken here.
Research on employee mobility has proliferated in the past four decades across four research traditions: Economics, sociology, management, and organizational…
Research on employee mobility has proliferated in the past four decades across four research traditions: Economics, sociology, management, and organizational behavior/human resource management. Despite significant overlap in interest and focus, these four streams of research have evolved independent from each other, resulting in a structural divide. We provide a detailed account of the research on employee mobility and the structural divide across disciplines. We document that the payoff from this profusion of research and increasing interest has been disappointing, as reflected in the limited number of cross-disciplinary citations, even among common topics of interest. However, our analysis also provides some encouraging signs in the form of specific journals and individuals who provide a bridge for cross-disciplinary fertilization.
Scholars of business, economics, and law have long recognized that rights to intellectual property (IP) intimately shape innovative activity and the pursuit of profits…
Scholars of business, economics, and law have long recognized that rights to intellectual property (IP) intimately shape innovative activity and the pursuit of profits. More than 60 years ago, Michal Polanyi voiced the following concerns about awarding property rights to creations of the “intellect”:The law…aims at a purpose which cannot be rationally achieved. It tries to parcel up a stream of creative thought into a series of distinct claims, each of which is to constitute the basis of a separately owned monopoly. But the growth of human knowledge cannot be divided into such sharply circumscribed phases. Ideas usually develop gradually by shades of emphasis, and even when, from time to time, sparks of discovery flare up and suddenly reveal a new understanding, it usually appears that the new idea has been at least partly foreshadowed in previous speculations. (Polanyi, 1944, pp. 70–71)
Welcome to the fifth volume of Research Methodology in Strategy and Management (RMSM). We are delighted to provide you with this latest installment of the RMSM series and hope that you will find it to be as informative and educational as we do. This volume represents the work of a diverse set of scholars, some of whom are former presidents and fellows of the Academy of Management, some are ascending and up-and-comers, while others are highly accomplished methodologists who come from outside the strategy field. All of the authors have drawn upon deep and rich methodological experiences to put together excellent chapters. Their contributions not only address important and timely methodological topics but provide plain and straightforward insights as to how we can improve the application of research methods in strategy and management.
This study aims to propose a framework based on the main theoretical and empirical contributions present in the literature and articulate the main paths for future studies…
This study aims to propose a framework based on the main theoretical and empirical contributions present in the literature and articulate the main paths for future studies in knowledge-intensive entrepreneurship (KIE).
Using the systematic review method from a survey of 85 articles
, related to the KIE focal issue, originated from the Web of Science, it was possible to exhaustively analyze the studies and to divide the theme into key categories.
The present research has raised the relationship of five categories to KIE conceptualizations; the data suggest that although the literature indicates a distancing from KIE research, there are multidisciplinary themes and approaches interlinked in the studies.
The systematic approach in the main theoretical and empirical contributions in KIE enabled us to relate five categories (entrepreneurs, innovation, internationalization, location and triple alliance), and finally, to understand the gaps suggested by the researchers.
El objetivo de este estudio es proponer un marco basado en las principales aportaciones teóricas y empíricas presentes en la literatura y articular los principales caminos para estudios futuros en Emprendimiento Intensivo y Conocimiento-EIC.
Una revisión sistemática de 85 artículos, relacionados con el tema focal del EIC, se originó en la Web of Science, permitió analizar exhaustivamente los estudios y dividir el tema en categorías clave.
La presente investigación ha planteado la relación de cinco categorías con las conceptualizaciones EIC; nuestros datos sugieren que aunque la literatura indica un distanciamiento de la investigación EIC, hay temas y enfoques multidisciplinares interrelacionados en los estudios.
El enfoque sistemático en las principales contribuciones teóricas y empíricas en EIC nos permitió relacionar cinco categorías (empresarios, innovación, internacionalización, ubicación y triple alianza) y, finalmente, comprender las brechas sugeridas por los investigadores.
Emprendimiento intensivo en conocimiento, Revisión sistemática, Agenda de investigación
Tipo de artículo
Artículo de investigación
O objetivo deste estudo é propor uma estrutura baseada nas principais contribuições teóricas e empíricas presentes na literatura e articular os principais caminhos para futuros estudos em Empreendedorismo Intensivo em Conhecimento-EIC.
Utilizando o método de revisão sistemática a partir de uma pesquisa de 85 artigos, relacionada à questão focal do EIC originada da Web of Science, foi possível analisar exaustivamente os estudos e dividir o tema em categorias-chave.
A presente pesquisa levantou a relação de cinco categorias para conceituações EIC. Nossos dados sugerem que, embora a literatura indique um distanciamento da pesquisa do EIC, existem temas e abordagens multidisciplinares interligadas nos estudos.
A abordagem sistemática nas principais contribuições teóricas e empíricas do EIC permitiu relacionar cinco categorias (empreendedores, inovação, internacionalização, localização e tripla aliança) e, finalmente, compreender as lacunas sugeridas pelos pesquisadores.
Empreendedorismo intensivo em conhecimento, Revisão sistemática, Agenda de pesquisa
Tipo de artigo