We analyze platform competition for content in the presence of strategic interactions between content distributors and content providers. We provide a model of bargaining and price competition within these industries, and show that whether or not a piece of content ends up exclusive to one platform depends crucially on whether...
This paper combines new and old institutionalism to explain enduring differences in organizational strategies. We propose that differences in the influence of corporate departments lead their facilities to prioritize different external pressures and thus adopt different management practices. Specifically, we argue that external constituents who interact with particularly influential corporate...
Many industries are geographically concentrated. Many mechanisms that could account for such agglomeration have been proposed. We note that these theories make different predictions about which pairs of industries should be coagglomerated. We discuss the measurement of coagglomeration and use data from the Census Bureau's Longitudinal Research Database from 1972...
In this paper we use highly disaggregated data on trade in capital goods to study differences in the price of capital across countries. Our strategy is motivated by the fact that most countries import the bulk of machinery equipment from a small number of industrialized countries. We find the price...
Trust in buyer-supplier relationships is sometimes regarded as a competitive advantage because trust can increase the gains from trade for firms and their suppliers. This paper documents a particular type of competitive advantage conferred by trust. Using adoption rates of a new product as a case study, it was shown...
This paper uses concepts from the theory of the firm and MIS research to argue that some types of Information Technology IT will be deployed only within hierarchical governance structures. This argument introduces a contingency into the 'Electronic markets hypothesis,' which holds that greater use of IT is unidirectionally associated...
The Balanced Scorecard offers a previously unrecognized benefit: a new way of looking at the traditional organizational structure of cost and profit centers. Every unit, by contributing to effective strategy execution, has the opportunity to support and create profit. This capability has important implications for specifying objectives and evaluating the...
We use an economic model to study the optimal management of know-how, defined here as employee-generated information about the performance of specific solutions to problems that may or will recur in the future. We derive three main results. First, information about successes is typically more useful than information about failures,...
Multi-Sided Platforms MSPs, which bring together two or more interdependent groups of customers, have risen to economic and business prominence in many industries. This paper first lays out a simple micro-founded framework which aims to organize academic and managerial thinking about MSPs. It argues that any MSP performs one or...
This paper details the construction of a firm-year panel dataset combining the NBER Patent Dataset with the Industry R&D (Research& Development) Survey conducted by the Census Bureau and National Science Foundation. The developed platform offers an unprecedented view of the R&D-to-patenting innovation process and a close analysis of the strengths...
This paper describes a dynamic strategy that can be employed by firms capable of architectural innovation. The strategy involves using knowledge of the bottlenecks in an architecture together with the modular operator "Splitting" to shrink the "Footprint" of the firm's inhouse activities. Modules not in the footprint are outsourced -...
This paper embeds legal considerations in mainstream management theory and frameworks. It proposes a systems approach to law and management that explains how law affects the competitive environment, the firm's resources, and the activities in the value chain. This is a dynamic model that recognizes that firms and markets are...
There is no shortage of published ideas on how best to manage innovation. Empower employees. Encourage initiative. Cultivate risk taking. Managers need more than such generic advice because there are many different kinds of innovation and each requires a profoundly different managerial approach. This article reveals how to forge ahead...
Creativity is the lifeblood of innovation and marketing, but where does it come from and how should a company nurture this elusive trait? How does one explore creativity on the job—and use it to one's advantage?
Cell phone use in Europe has long outstripped that in North America. The success of "Texting" in Europe has been explained by the viral nature of the medium, its relatively low pricing, and its large, easily accessible network. But the traction that texting gained within the advertising industry, in the...
The motion picture industry provides a fruitful research domain for scholars in marketing and other disciplines. The industry has a high economic importance and is appealing to researchers because it offers both rich data that cover the entire product lifecycle for a large number of new products and because it...
IT Information Technology capability helps companies grow. Our study of over 600 medium-sized global firms shows that IT capability is highly correlated with profitable business growth. Our data indicates that IT accelerates firm growth because it enables firms to scale - an ability to manage increases in the complexity of...
There are potentially massive profits to be made in the pharmaceuticals' industry, if it can overcome the massive challenges posed by regulation, financing, and globalization, according to executives and venture capitalists. This has been outlined in this paper. It is also agreed that mapping the human genome has created great...
Clinical information systems typically present patient data in chronologic order, organized by the source of the information (e.g., laboratory, radiology). This study evaluates the functionality and utility of a knowledge-based system that generates concept oriented views organized around clinical concepts such as disease or organ system of clinical data. Computer-generated,...
StudyRails.com Helps Students Get Organized, Overcome Procrastination, and Control Online Distractions to Achieve Academic Success CAMBRIDGE, Mass. -- Studiolo Systems, the academic achievement company, today launched StudyRails.com, a web application that helps students improve their academic performance by optimizing their study habits. StudyRails combines research-supported strategies for effective...
Articles 2008-05-20
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