Week 1 (3/8) What is strategy? Foundations and origins of the field
Saloner, Garth., Shepard, Andrea., and Podolny, Joel. 2000. Strategic Management. Wiley. Chapter 1 (pp. 1-16).
Hambrick, Donald and Fredrickson, James. 2001. Are You Sure You Have a Strategy? The Academy of Management Executive.15 (4): 48-59.
Nag, R., Hambrick, D.C. and Chen, M.J. 2007. What is strategic management, really? Inductive derivation of a consensus definition of the field. Strategic Mangement Journal. 28 (9): 935 – 955.
Porter, Michael. 1991. Toward a dynamic theory of strategy. Strategic Management Journal. Special issue.
Bowman, Edward H. 1993. Strategy history: Through different mirrors. In Integral strategy., H. Thorelli (Ed). JAI Press.
Bowman, Edward H. 1974 "Epistemology, Corporate Strategy and Academe," Sloan Management Review, 15: 35-50
Miles, R. E., Snow, C. C., Meyer, A. D. and Coleman, H. J. 1978. "Organizational strategy, structure, and process". Academy of Management Review 3 pp. 546-562.
Mintzberg, H. 1978. "Patterns in strategy formation". Management Science 24: 934-948.
Mintzberg, Henry 1990. "The Design School: Reconsidering the Basic Premises of Strategic Management," Strategic Management Journal, 11: 171-195 (1990).
Carroll, Glen 1993. "A Sociological View of Why Firms Differ," Strategic Management Journal, May,
Rumelt, R. P. 1974. Strategy, Structure and Economic Performance. Boston, MA: Harvard Business School Press.
Shapiro, Carl. 1989 "The Theory of Business Strategy," Rand Journal of Economics, Spring
Week 2 (3/15) Resource-based view of the firm
* Barney, J. B. 1986. Strategic factor markets: Expectations, luck and business strategy. Management Science 32: 1231-1241.
* Peteraf, M. A. 1993. The cornerstones of competitive advantage: A resource-based view. Strategic Management Journal 14: 179-192.
** Newbert, S.L. 2007. Empirical research on the resource-based view of the firm: An assessment and suggestions for future research. Strategic Management Journal, 28 (2): 121 – 146.
** Fagerberg, Jon. 2002. A Layman’s guide to evolutionary economics. Mimeo.
[classic] Nelson, Richard. 1991. Why do firms differ, and how does it matter? Strategic Management Journal, 12: 61-74.
Coff, Russell. 1999. When competitive advantage doesn’t lead to performance: The resource-based and stakeholder bargaining power. Organization Science, 10 (2): 119 – 133.
[Classic] Grant, Robert. 1996. Toward a knowledge-based theory of the firm. Strategic Management Journal, 17 (Winter special issue): 109-122.
Foss, Nicolai J. 1996. Knowledge-based approaches to the theory of the firm: Some critical comments. Organization Science, 7: 470-476; 519-523.
[Classic] Wernerfelt, B. 1984. "A resource-based view of the firm". Strategic Management Journal 5: 171-180.
Barney, J. B. 1991. "Firm resources and sustained competitive advantage". Journal of Management 17: 99-120.
Conner, K. R. 1991. "A historical comparison of resource-based theory and five schools of thought within industrial organization economics: Do we have a new theory of the firm"? Journal of Management 17: 121-154.
Prahalad, C. K. and Hamel, G. 1990. "The core competence of the corporation". Harvard Business Review. May-June, p. 79-91.
McGrath, R. G., Venkataraman, S. and MacMillan, I. C. 1995. "Defining and developing competence: A strategic process paradigm". Strategic Management Journal 16(4) pp. 251-276.
Ikujiro and Takeuchi, Hiro. 1995. The knowledge-creating company: how Japanese
companies create the dynamics of innovation, Chapters 1 and 2.
[Classic] Winter, S.G. 1987. "Knowledge and Competence as Strategic Assets". In The Competitive Challenge, (Eds) D.J. Teece, pp 159-184.
Week 3 (3/22) dynamic capabilities & evolutionary economics
** Teece, David. 2007. Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28 (13): 1319 – 1350.
**Peteraf, M., Stefano, G. and Verona, G. 2013. The elephant in the room of dynamic capabilities: Bringing two diverging conversations together. Strategic Management Journal, 34 (12): 1389 – 1410.
* Nicholas S. Argyres, Teppo Felin, Nicolai Foss, and Todd Zenger. 2012. Organizational Economics of Capability and Heterogeneity Organization Science September/October.
* Michael G. Jacobides and Sidney G. Winter. 2012. Capabilities: Structure, Agency, and Evolution Organization Science September/October 23:1365-1381
* Johann Peter Murmann. 2013. The Coevolution of Industries and Important Features of Their Environments. Organization Science January/February 24:58-78.
* D’Aveni, R.A., Dagnino, G.B., and Smith, K.G. 2010. The age of temporary advantage.
Strategic Management Journal, 31 (13): 1371 – 1548.
Helfat, C.E., and Winter, S.G. 2011. Untangling Dynamic and Operational Capabilities: Strategy for the (N)ever-Changing World, Strategic Management Journal, 32: 1243-1250.
[Classic] Teece, D. J., Pisano, G. and Shuen, A. 1997. Dynamic capabilities and strategic management. Strategic Management Journal 18:7: 509-533.
[Classic] Nelson, Richard. 1995. Recent evolutionary theorizing about economic change, Journal of Economic Literature, XXXIII (March): 48-90.
[Classic] Winter, Sidney. 1990. Survival, selection, and inheritance in evolutionary theories of organization. Organizational Evolution: New Directions. Jitendra Singh (ed). Sage Publications: 269-297.
Nicholas S. Argyres and Todd R. Zenger. 2012. Capabilities, Transaction Costs, and Firm Boundaries Organization Science November/December.
Kale, Prashant, Singh, Jitendra V., Krishnan, M.S., Ethiraj, Sendil K. 2009. Where do capabilities come from and how do they matter? A study in the software services industry. Strategic Management Journal, 26 (1): 25 – 45.
Helfat, C. E. & Peteraf, M. A. 2003. The dynamic resource-based view: Capability lifecycles. Strategic Management Journal, 24: 997 – 1010.
Winter. 1995. The four Rs of profitability: Rents, resources, routines and replication. In C. A. Montgomery (ed), Resource-based and evolutionary theories of the firm: towards a synthesis. 147-178.
Eisenhardt, Kathleen and Santos, Felipe.2000 What are dynamic capabilities? Strategic Management Journal, Summer 2000.
Malerba, Franko, Richard Nelson, Luigi Orsenigo and Sidney Winter. 1999. History-friendly models of industry evolution: The computer industry. Industrial and Corporate Change, 8 (1): 3-40.
Dosi, Giovanni. 1988. Sources, procedures, and microeconomic effects of innovation. Journal of Economic Literature. 1120-1171.
Dosi, G.1982. Technological Paradigms and Technological Trajectories: A Suggested Interpretation of the Determinants and Directions of Technical Change. Research Policy,11(3),147-162.
Klepper, S. 1994. "Entry, Exit, Growth and Innovation over the Product Life Cycle".
Vernon W. Ruttan. 1997. Induced innovation, evolutionary theory and path dependence: Sources of technical change. The Economic Journal, 107: 1520-1529.
Campbell, D. T. 1965. Variation and selective retention in socio-cultural evolution. In H. R. Barringer, G. I. Blanksten, & R.W. Mack (Eds), Social Change in Developing Areas: A reinterpretation of evolutionary theory (pp. 19-48). Cambridge, MA:Schenkman
Sidney Winter, 1995, “Four Rs of Profitability: Rents, Resources, Routines, and Replication,” in C. Montgomery ed., Resource-based and Evolutionary Theories of the Firm, 147-178.
Herbert Simon, 1993, “Strategy and Organizational Evolution,” Strategic Management Journal, Winter 1993, 131-142.
Winter, S. G. I971. Satisficing, selection and the innovating remnant. Quarterly Journal of Economics 85: 23 7-26 1.
Week 4 (3/29) Learning and absorptive capacity
* March, J. 1991. Exploration and exploitation in organizational learning. Organization Science 2: 71-87.
* Song, Jaeyong and Shin, Jongtae. 2008. Paradox of technological capabilities: A Study of Knowledge Sourcing From Host Countries of Overseas R&D Operations. Journal of International Business Studies.39 (2): 291 – 303.
[Classic] Levitt, Barbara and James G. March.1988. Organizational Learning. Annual Review of Sociology.14.319-340
Schildt, H., Keil, T., and Maula, M. 2012. The Temporal Effects of Relative and Firm-Level Absorptive Capacity on Interorganizational Learning, Strategic Management Journal, 33: 1154-1173.
Daniel Levinthal and James March. 1993. The myopia of learning. Strategic Management Journal, 14: 95-112.
Cyert, R. M. & March, J. G. A Behavioral Theory of the Firm Englewood Cliffs, NJ: Prentice Hall (Chapters to be assigned)
George Huber, 1991, “Organizational Learning: The Contributing Processes and the Literature,” Organization Science, 88-115.
Nerkar, Atul and Roberts, Peter. 2004. Technological and product-market experience and the success of new product introductions in the pharmaceutical industry. Strategic Management Journal, 25 (September): 779 – 799.
Robert Grant, 1996, “Prospering in Dynamically-competitive Environments: Organizational Capability as Knowledge Integration,” Organization Science, 375-387.
Erhard Bruderer and Jitendra Singh, 1996, “Organizational Evolution, Learning, and Selection: A Genetic Algorithm-based Approach,” Academy of Management Journal, 1322-1349.
Burgelman, R. A. 1983. A process model of internal corporate venturing in the diversified major firm. Administrative Science Quarterly. 28: 223-244.
Winter, Sidney G. 1996. "Four R's of profitability: Rents, Resources, Routines and Replication". In Resource based and Evolutionary theories of the Firm: Towards a Synthesis, Ed. Cynthia Montgomery, Chapter 7, pp 147-178
Hambrick, D. C., MacMillan, I. C. and Day, D. L. 1982. Strategic attributes and performance in the BCG Matrix – A PIMS-based analysis of industrial product businesses. Academy of Management Journal 25: 510-531.
** Argote, Linda, and Paul Ingram. 2000. Knowledge transfer: A basis for competitive advantage in firms. Organizational Behavior and Human Decision Processes, 82: 150-169.
* Udo Zander and Bruce Kogut. 1995. Knowledge and the Speed of the Transfer and Imitation of Organizational Capabilities. Organization Science, 76-92.
** Jaeyong Song, Paul Almeida and Geraldine Wu. 2003. Learning-by-Hiring: When is Mobility More Likely to Facilitate Inter-firm Knowledge Transfer? Management Science, 49 (4): 351-365.
* Wang, Dan. 2015. Activating cross-border brokerage: Interorganizational knowledge transfer through skilled return migration. Administrative Science Quarterly, 60 (1): 133-176.
*Jaeyong Song. 2014. Subsidiary Absorptive Capacity and Knowledge Transfer Within Multinational Corporations. Journal of International Business Studies, 45 (1): 73 – 84.
* Exequiel Hernandez, Wm. Gerard Sanders, and Anja Tuschke. 2015. Network Defense: Pruning, Grafting, and Closing to Prevent Leakage of Strategic Knowledge to Rivals. Academy of Management Journal, 58 (4): 1233-1260.
Almeida, Paul., Jaeyong Song., and Robert M. Grant. 2002. Are firms superior to alliances and markets? An empirical test of cross-border knowledge building. Organization Science, 13.
Singh, Jasjit. 2005. Collaborative networks as determinants of knowledge diffusion patterns. Management Science, 51: 756-770.
Dana Minbaeva, Torben Pedersen, Ingmar Björkman, Carl F. Fey and Hyeon JeongPark. 2003. MNC Knowledge Transfer, Subsidiary Absorptive Capacity, and HRM.
Journal of International Business Studies, Vol. 34, No. 6,
Nerkar, Atul and Srinkanth, Paruchuri. 2005. Evolution of R&D Capabilities: The Role of Knowledge Networks Within a Firm. Management Science, 51 (5): 771 – 785.
[Classic] Leonard-Barton, Dorothy. 1995. Wellsprings of knowledge: Building and sustaining the sources of innovation. Harvard Business School Press. Chapter 6, 7, and 8.
Paul R. Carlile. 2004. Transferring, Translating, and Transforming: An Integrative
Framework for Managing Knowledge Across Boundaries. Organization Science. Vol. 15, No. 5, September–October, pp. 555–568
Hansen, M. 1999. “The Search-Transfer Problem: The Role of Weak Ties in Sharing Knowledge across Organizational Subunit,” Administrative Science Quarterly, 44(1).
Stuart, Toby, E. and Joel M. Podolny. 1996. Local search and the evolution of technological capabilities. Strategic Management Journal, 17: 21-38.
Smith, Keith. 2000. What is the ‘knowledge economy’? Knowledge-intensive industries and distributed knowledge bases. Paper presented to DRUID Summer Conference on the Learning Economy – Firms, Regions, and Nation Specific Institutions.
Gupta, Anil and Govindarajan, Vijay. 2000. Knowledge flows within multinational corporations. Strategic Management Journal, 21: 473-496.
Almeida, P., B. Kogut. 1999. The Localization of Knowledge and the Mobility of Engineers in Regional Networks. Management Science.
World Bank. 1998. World development report: Knowledge for development. 16-39.
Szulanski, Gabriel. 1996. Exploring internal stickiness: Impediments to the transfer of best practice within the firm. Strategic Management Journal, 17: 27-43.
4/12 휴강 (6/21 보강)
Week 6 (4/19) Innovation - 1
**Murmann, J. P. & Frenken, K. 2006. Toward a systematic framework for research on dominant designs, technological innovations, and industrial change. Research Policy, 35(7): 925-952.
**NILS STIEGLITZ and KLAUS HEINE. 2007. INNOVATIONS AND THE ROLE OF COMPLEMENTARITIES IN A STRATEGIC THEORY OF THE FIRM. Strategic Management Journal, 28: 1–15.
*Wu, Brian., Wan, Zhixi, and Levinthal, Dan. 2014. Complementary assets as pipes and prisms: Innovation incentives and trajectory choices. Strategic Management Journal, 35 (9): 1257–1278.
* Sungyong Chang, Jeho Lee, and Jaeyong Song. The Role of the Giant Cluster in Knowledge Diffusion and Recombination. Under Review, Administrative Science Quarterly.
* Kaplan, Sarah and Vakili, Keyvan. 2015. The double-edged sword of recombination in breakthrough innovation. Strategic Management Journal, 36 (10): 2435 – 1457.
Jiang, Lin, Tan, Justin, and Thursby. 2011. Incumbent firm invention in emerging fields: Evidence from the semiconductor industry. Strategic Management Journal, 32 (1) 55-75.
Eggers, J.P. 2014. Competing technologies and industry evolution: The benefits of making mistakes in the flat panel display industry. Strategic Management Journal, 35 (2): 159 – 178.
Adner, Ron and Kapoor, Rahul. 2010. Value creation in innovation ecosystems: How the structure of technological interdependence affects firm performance in new technology generations. Strategic Management Journal, 31 (3): 306-333.
Katila, Riitta and Eric L. Chen. 2008. Effects of search timing on innovation: The value of not being in sync with rivals. Administrative Science Quarterly. 53: 593-625.
Frank T. Rothaermel, Andrew M. Hess. 2007. Building Dynamic Capabilities: Innovation Driven by Individual-, Firm-, and Network-Level Effects. ORGANIZATION SCIENCE. Vol. 18, No. 6, November-December 2007, pp. 898-921
Lee, Jeho. 2003. Innovation and strategic divergence: An empirical study of the US pharmaceutical industry from 1920 to 1960. Management Science, 49 (2): 143-159.
Week 7 (4/26) innovation – 2: ambidexterity(이노베이션을 위한 조직의 이슈) and catch-up
** He,Zi-Lin and Wong, Poh-Kam. 2004. Exploration vs. Exploitation: An Empirical Test of the Ambidexterity Hypothesis. Organization Science, 15 (4): 481 – 494.
*Rothaermel, Frank and Alexandre, Maria. 2009. Ambidexterity in technology sourcing: The moderating role of absorptive capacity, Organization Science, 20 (4): 759 – 780.
*Sungyong Chang, Hyunseob Kim, Jaeyong Song, and Keun Lee. Imitation to Innovation: Technological Catch-up Strategy of Late Movers from Emerging Economies. Under Revise and Resubmit at Management Science.
*Yuzhe Miao, Jaeyong Song, and Robert Salomon. Learning from Successful Peers: Technological Catch-up among Asian Laggards. Under Revise and Resubmit at Organization Science
Park, K., Lee, K. 2006. Linking the technological regime to the technological catching-up: analyzing Korea and Taiwan using the US patent data. Industrial and Corporate Change, 15(4): 715-753.
Dovev Lavie, Jingoo Kang, and Lori Rosenkopf. 2011. Balance Within and Across Domains: The Performance Implications of Exploration and Exploitation in Alliances
Organization Science November/December 22:1517
Miller, Douglas., Fern, Michael and Cardinal, Laura. 2007. The use of knowledge for technological innovation within diversified firms. Academy of Management Journal, 50 (2): 308 – 326.
Fleming, L., & Waguespack, D. M. 2007. Brokerage, Boundary Spanning, and Leadership in Open Innovation Communities. Organization Science, 18(2): 165-180.
Birkinshaw, Julian., Hamel,Gary.,& Mol, Michael. 2008. Management innovation. Academy of Management Review, 33 (4): 825 – 845.
Ethiraj, Sendil and Zhu, David. 2008. Performance effects of imitative entry. Strategic Management Journal, 29 (8), 797 – 817.
Arvids A. Ziedonis. 2007. Real Options in Technology Licensing. MANAGEMENT SCIENCE. Vol. 53, No. 10, October 2007, pp. 1618-1633
Hubert Gatignon, Michael L. Tushman, Wendy Smith, and Philip Anderson. 2002. A Structural Approach to Assessing Innovation: Construct Development of Innovation Locus, Type, and Characteristics. Management Science, Vol. 48, No. 9, pp. 1103–1122
Justin J. P. Jansen, Frans A. J. Van Den Bosch, Henk W. Volberda. 2006. Exploratory Innovation, Exploitative Innovation, and Performance: Effects of Organizational
Antecedents and Environmental Moderators. Management Science, 52 (11) 1661–1674.
Michelle Gittelman. 2007. Does Geography Matter for Science-Based Firms? Epistemic Communities and the Geography of Research and Patenting in Biotechnology.
ORGANIZATION SCIENCE. Vol. 18, No. 4, July-August 2007, pp. 724-741
Katila, Ritta and Shane, Scott. 2005. When does lack of resources make new firms innovative? Academy of Management Journal, 48: 814-829.
Henderson, Rebecca M. and Kim B. Clark. 1990. “Architectural innovation: The reconfiguration of existing product technologies and the failure of established firms.” Administrative Science Quarterly, 35, 9-30.
McGrath, Rita G. & Nerkar, Atul. 2004. Real options reasoning and a new look at the R&D investment strategies of pharmaceutical firms. Strategic Management Journal, 25: 1 – 22.
Tushman, M.L. & Anderson, P. 1986. Technological Discontinuities and Organizational Environments. Administrative Science Quarterly, 31: 439-465.
McGrath, Rita. 1997. A real options logic for initiating technology position investments. Academy of Management Review, 22: 974-996.
Christensen, Clayton M and Rosenbloom, Richard. 1995. Explaining the attacker's advantage: Technological paradigms, organizational dynamics, and the value network. Research Policy, 24: 233-247.
Kogut, Bruce and Kulatilaka, Nalin. 2001. Capabilities as real options. Organization Science, 12: 744-758.
Michael Tushman and Johann Peter Murmann. 1998. Dominant designs, technology cycles, and organizational outcomes. Research in Organizational Behavior, Volume 20: 231-266.
OECD. 2000. A new economy? The changing role of innovation and information technology in growth.
Von Hippel. 1988. The sources of innovation. New York: Oxford University Press. Chapters 2-4.
Bower, J.L. & Christensen, C.M. (January-February 1995), "Disruptive Technologies: Catching the Wave," Harvard Business Review, 73(1), pp. 43-53.
Utterback, J.M. "Innovation and Industrial Evolution in Manufacturing Industries". Innovation and Industrial Evolution: 16-48.
Hannan& Freeman. 1987. "Structural Inertia and Organizational Change". Organizational Ecology, Chapter 4:66-90
Ambugery, T.L., Kelly, D. & Barnett, W.P. 1993. "Resetting the Clock: The Dynamics of Organizational Change and Failure". Administrative Science Quarterly, 38 · 51-73.
William J. Abernathy and Kim Clark. 1985. Innovation: Mapping the winds of creative destruction. Research Policy.
** Granovetter, Mark. 2004. Business groups and social organization. in the Handbook of economic sociology (2nd edition). Edited by Neil Smelser and Richard Swedberg. Russell Sage Foundation and Princeton University Press.-
** Carney, Michael, Gedajlovic, Eric, Heugens, Pursey, Van Essen, Marc, and Van Oosterhout, J. 2011. Business Group Affiliation, Performance, Context and Strategy: A Meta-analysis, Academy of Management Journal, 54: 437-460.
* Lamin, Anna. 2013. Business groups as information resource: An investigation of business group affiliation in the Indian software service industry. Academy of Management Journal, 56 (5): 1487 – 1909.
*Ishtiaq Mahmood, Chi-Nien Chung, and Will Mitchell. 2013. The Evolving Impact of Combinatorial Opportunities and Exhaustion on Innovation by Business Groups as Market Development Increases: The Case of Taiwan. Management Science. 59 (5): 1142 – 1161.
*Kapoor, Rahul. 2013. Persistence of Integration in the Face of Specialization: How Firms Navigated the Winds of Disintegration and Shaped the Architecture of the Semiconductor Industry. Organization Science, 24 (4): 1195 – 1213.
Mahmood, I.P., Zhu, H., and Zajac, E.J. 2011. Where can Capabilities Come From? Network Ties and Capability Acquisition in Business Groups, Strategic Management Journal, 32: 820-848.
Tanriverdi, Huseyin and Venkatraman, N. 2005. Knowledge relatedness and the performance of multibusiness firms. Strategic Management Journal, 97-119.
Kaul, A. 2012. Technology and Corporate Scope: Firm and Rival Innovation as Antecedents of Corporate Transactions, Strategic Management Journal, 33: 347-367.
Rahul Kapoor and Ron Adner. What Firms Make vs. What They Know: How Firms' Production and Knowledge Boundaries Affect Competitive Advantage in the Face of Technological Change Organization Science September/October 23:1227-1248
[Classic] Teece, David J., Rumelt, Richard, Dosi, Giovanni, Winter, Sidney. 1994. Understanding corporate coherence: Theory and evidence. Journal of Economic Behavior & Organization, v23n1, p1-30
Lihong Qian, Rajshree Agarwal, and Glenn Hoetker. 2012. Configuration of Value Chain Activities: The Effect of Pre-Entry Capabilities, Transaction Hazards, and Industry Evolution on Decisions to Internalize Organization Science September/October 23:1330-1349
[Classic] Chang, Sea Jin. 1996. An evolutionary perspective of diversification and corporate restructuring: Entry, exit, and economic performance. Strategic Management Journal, 587-611.
Chang, Sea Jin. 2003. Ownership structure, expropriation, and performance of group-affiliated companies in Korea. Academy of Management Journal, 46: 238-253.
Goranova, Maria., Alessandri, Todd., Brandes, P. and Dharwadkar, Ravi. 2007. Managerial ownership and corporate diversification: A longitudinal view. Strategic Management Journal, 28: 211-225.
[Classic] Markides, Costance and Williamson, Peter. 1996. Corporate diversification and organizational structure: A resource-based view. Academy of Management Journal, 340-367.
Holmstrom, B. and S. Kaplan. 2001. Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s. Journal of Economic Perspective, 108: 313-358.
Shane, Scott and Venkataraman, S. 2001. The promise of entrepreneurship as a field of research. Academy of Management Review, 25: 217-226.
Bowman, Edward and Singh, Harbir. 1993. Corporate restructuring: Reconfiguring the firm. Strategic Management Journal, 5-14.
Hitt, Machael E. Ireland, Duane, Camp, Michael, and Sexton, Donald. 2001. Guest editors’ introduction to the special issue strategic entrepreneurship: Entrepreneurial strategies for wealth creation. Strategic Management Journal, 22: 479-491.
Klepper, Steven and sleeper, Sally. 2000. Entry by spinoffs. Mimeo.
Teece, D.J. 1982.Towards an Economic Theory of the Multi-product Firm, Journal of Economic Behavior and Organization.
Hill, C. W. L., & Hoskisson, R. E. 1987. "Strategy and structure in the multi-product firm". Academy of Management Review 12: 331-341.
Montgomery, C. A. 1982. The Measurement of Firm Diversification: Some New Empirical Evidence. Academy of Management Journal, June, p299-307
Montgomery, C. A. and Singh, H. 1984. "Diversification and systematic risk". Strategic Management Journal, 5: 181-191.
Chatterjee, S. and B. Wernerfelt, "The Link Between Resources and Type of Diversification: Theory and Evidence," Strateqic Manaqement Journal, 1991.
Palepu, Krishna, "Diversification Strategy: Profit Performance and Entropy Measure," Strategic Management Journal,6, 1985.
Varadarajan, R. and Ramanujam P.1988. "Research on Corporate Diversification: A Synthesis" Strateqic Manaqement Journal, Vol. 10, 523-551
Richard, P. Rumelt. 1990. Theory, strategy, and entrepreneurship.
Bhide, Amar. 2000. The origin and evolution of new businesses. Oxford University Press. Chapter 10. pp. 238-259.
Ahuja, Gautam and Lampert, Curba Morris. 2001. Entrepreneurship in large corporation: A longitudinal study of how established firms create breakthrough inventions. Strategic Management Journal, 22: 521-543.
Saxenian, A. 1994. Regional advantage: Culture and competition in Silicon Valley and Route 128. Harvard University Press. pp. 1-57; 161-168.
Schumpeter, J. 1934. The theory of economic development. Chapter 4. Entrepreneurial profit.
Zucker Lynne., Darby, Michael R., & Brewer, Marilynn. 1998. Intellectual human capital and the birth of US biotechnology enterprises. American Economic Review, 88 (1): 290-306.
Rumelt, Richard P. Theory, strategy, and entrepreneurship.
Lee, Chong-Moon., Miller, William., Hancock., Marguerita., & Rowan, Henry. Forthcoming. The Silicon Valley edge. Stanford University Press. Pp.60-92.
Khanna, Tarun and Rivkin, Jan W. 2001. Estimating the performance effects of business groups in emerging markets. Strategic Management Journal, 22: 45 – 74.
Chakrabarti, A., Singh, K. and Mahmood, I. 2007. Diversification and performance: Evidence from East Asian Firms. Strategic Management Journal, 28: 101-121.
Davis, Gerald et al. 1994. The decline and fall of the conglomerate firm in the 1980’s: The deinstitiutionalization of an organizational form. American Sociological Review 59: 547-570.
Dongyeob Shin, Jaeyong Song, and Jungyeon Lee. 2007. Replicating Self and Others:
The Role of Existing Knowledge in the Choice of Diversification Modes at Korean
Business Groups. Under review at the Strategic Management Journal.
Week 9 (5/10) Exam
Week 10 (5/17) Building capabilities through mergers & acquisitions
** Larsson, Ricard and Finkelstein, Sydney. 1999. Integrating strategic, organizational, and human resource perspectives on mergers and acquisitions: A case survey of synergy realization. Organization Science, 1-25.
*Bauer, Florian and Matzler, Kurt. 2014. Antecedents of M&A success: The role of strategic complementarity, cultural fit, and degree and speed of integration. Strategic Management Journal, 35 (2): 269 – 291.
* Makri, Marianna, Hitt, Michael, and Lane, Peter. 2010. Complementary technologies, knowledge relatedness, and invention outcomes in high technology mergers and acquisitions. Strategic Management Journal, 31 (6), 602-628.
** Wang, Lihua and Zajac, Edward. 2007. Alliance or acquisition? A dyadic perspective on interfirm resource combinations. Strategic Management Journal, 28 (13): 1291 – 1317.
*Tony W. Tong and Yong Li. 2011. Real Options and Investment Mode: Evidence from Corporate Venture Capital and Acquisition Organization Science May/June 22:659-674
* Bertrand, Oliver and Capron, Laurence. 2015. Productivity enhancement at home via cross-border acquisitions: The roles of learning and contemporaneous domestic investments. Strategic Management Journal, 36 (5): 640 – 658.
Sears, Joshua and Hoetker, Glenn. 2014. Technological overlap, technological capabilities, and resource recombination in technological acquisitions. Strategic Management Journal, 35 (1): 48 – 67.
McNamara, Gerry M., Haleblain, Jerayer, and Dykes, Bernadine Johnson. 2008. The performance implications of participating in an acquisition wave: Early mover advantages, bandwagon effects, and the moderating influence of industry characteristics and acquirer tactics. Academy of Management Journal 51(1): 113-130
Ahuja, Gautam. & Katila, Riitta. 2001. Technological acquisitions and the innovation performance of acquiring firms: A longitudinal study. Strategic Management Journal, 197-220.
Joshi, A.M., and Nerkar, A. 2011. When Do Strategic Alliances Inhibit Innovation by Firms? Evidence from Patent Pools in the Global Optical Disc Industry, Strategic Management Journal, 32: 1139-1160.
Puranam, P. and Srikanth, K. 2007. What they know Vs. what they do: How acquirers leverage technology acquisitions. Strategic Management Journal, 28 (8): 805 – 825.
Paruchuri, Srikanth, Nerkar, Atul, and Hambrick, Don. 2006. Acquisition Integration and Productivity Losses in the Technical Core: Disruption of Inventors in Acquired Companies. Organization Science, 17 (5): 545 – 562.
Puranam, Phanish, Singh, Harbir, and Zollo, Maurizio. 2006. Organizing for innovation: Managing the coordination-autonomy dilemma in technology acquisitions. Academy of Management Journal, 49 (2): 263 – 280.
Zollo, Maurizio and Singh, Harbir. 2004. Deliberate learning in corporate acquisitions: Post-acquisition strategies and integration capability in U.S. bank mergers. Strategic Management Journal, 25: 1233 – 1256.
Haleblian, Jerayr. & Finkelstein, Sydney. 1999. The influence of organizational acquisition experience on acquisition performance: A behavioral learning perspective. Administrative Science Quarterly, 44: 29-56.
Capron, Laurence., Dussauge, Pierre and Mitchell, Will. 1998. Resource redeployment following horizontal acquisitions in Europe and North America, 1988 – 1992. Strategic Management Journal, 631-661.
Finkelstein, Sydney & Haleblian, Jerayr. 2002. Understanding acquisition performance: The role of transfer effects. Organization Science, 13: 36-47.
Week 11 (5/24) Building capabilities through networks and alliances
* Gerhard Speckbacher, Kerstin Newmann, and Werner Hoffmann. 2015. Resource relatedness and the mode of entry into new businesses: Internal resource accumulation vs. access by collaborative arrangement. Strategic Management Journal. 36 (11): 2675 – 1687.
**Stephen P. Borgatti and Daniel S. Halgin. 2011. On Network Theory Organization Science September/October 22:1168-1181.
* Wang, Chunlei., Rodan, Simon., Fruin, Mark., and Xu, Xiaoyan. 2014. Knowledge networks, collaboration networks, and exploratory innovation. Academy of Management Journal, 57 (2): 484-514.
*Srikanth Paruchuri. 2010. Intraorganizational Networks, Interorganizational Networks, and the Impact of Central Inventors: A Longitudinal Study of Pharmaceutical Firms. Organization Science, 21(1):63-80.
* Jeho Lee, Jaeyong Song, Jaesuk Yang. Forthcoming. INCUMBENCY ADVANTAGE FROM A NETWORK PERSPECTIVE: THE MODERATING ROLE OF NETWORKS
Strategic Management Journal.
*Schilling, Melissa. 2015. Technology Shocks, Technological Collaboration, and Innovation Outcomes. Organization Science, 26 (3): 668 – 686.
Yang, Haibin, Lin, Zhiang, and Peng, Mike W. 2011. Behind Acquisitions of Alliance Partners: Exploratory Learning and Network Embeddedness, Academy of Management Journal, 54: 1069-1080.
Reuer, Jeffrey and Lahiri, Nandini. 2014. Searching for Alliance Partners: Effects of Geographic Distance on the Formation of R&D Collaborations. Organization Science, 25 (1): 283 – 298.
Kale, P. and Singh, H. 2007. Building capabilities through learning: The role of the alliance learning process in alliance capability and firm-level alliance success. Strategic Management Journal, 28 (10): 981 – 1000.
Phelps, Corey. 2010. A longitudinal study of influence of alliance network structure and composition on firm exploratory innovation. Academy of Management Journal, 53 (4): 890-913.
Melissa A. Schilling, Corey C. Phelps. 2007. Interfirm Collaboration Networks: The Impact of Large-Scale Network Structure on Firm Innovation. MANAGEMENT SCIENCE. Vol. 53, No. 7, July 2007, pp. 1113-1126
Gulati, Ranjay, Lavie, Dovev, and Singh, Harbir. 2009. The nature of partnering experience and the gains from alliances, Strategic Management Journal, 30 (11): 1213-1233.
[Classic] Ahuja, Gautam. 2000. Collaboration networks, structural holes, and innovation: A longitudinal study. Administrative Science Quarterly, 45: 425-455.
Sampson, Rachelle. 2007. R&D alliances and firm performance: The impact of technological diversity and alliance organization on innovation. Academy of Management Journal, 50 (2): 364 – 386.
Reitzig, Markus and Wagner, Stefan. 2010. The hidden costs of outsourcing: Evidence from patent data. Strategic Management Journal, 31 (11): 1183-1201.
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Liebeskind, Julia Porter., Oliver, Amalya Lumerman., Zucker, Lynne., & Brewer, Marilynn. 1996. Social networks, learning, and flexibility: Sourcing scientific knowledge in new biotechnology firms. Organizational Science, 7 (4): 430-443.
Namghoo P. Park, John Mezias, and Jaeyong Song. 2004. A Resource-based View of Strategic Alliances and Firm Value in the Electronic Marketplace. Journal of Management, 30 (1): 7-27.
Rothaermel, Frank T. & Deeds, David L. 2004. Exploration and exploitation alliances in biotechnology: A system of new product development. Strategic Management Journal, 25: 201 – 221.
James Coleman. 1988. Social capital in the creation of human capital. American Journal of Sociology, 94: Supplement s95-s120.
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Burt, R. 1998, “The Contingent Value of Social Capital,” Administrative Science Quarterly.
Week 12 (5/31) Emerging paradigms in international strategy - 1
* Zhou, Nan and Guillen, Mauro. 2015. From home country to home base: A dynamic approach to the liability of foreignness. Strategic Management Journal, 36 (6): 907 – 917.
** Song, Jaeyong. 2002. Firm Capabilities and Technology Ladders: Sequential Foreign Direct Investments of Japanese Electronics Firms in East Asia. Strategic Management Journal, 23: 191-210.
** Wilbur Chung and Jaeyong Song. 2004. Sequential investment, Firm motives, and Agglomeration of Japanese Foreign Direct Investment in the US. Journal of Economics and Management Strategy, 13 (3): 539-560.
* Li, Jiatao, Qian, Cuili, and Yao, Fiona. 2015. Confidence in learning: Inter- and intraorganizational learning in foreign market entry decisions. Strategic Management Journal, 36 (6): 918 – 929.
* Berry, Heather. 2015. Knowledge Inheritance in Global Industries: The Impact of Parent Firm Knowledge on the Performance of Foreign Subsidiaries. Academy of Management Journal, 58 (5): 1438 – 1458.
* Ayyagari, Meghana, Dau, Luis Alfonso, and Spencer, Jennifer. 2015. Strategic responses to FDI in emerging markets: Are core members more responsive than peripheral members of business groups? Academy of Management Journal, 58 (6): 1869 – 1894.
Juan Alcácer, Wilbur Chung. 2007. Location Strategies and Knowledge Spillovers. MANAGEMENT SCIENCE. Vol. 53, No. 5, May 2007, pp. 760-776
Belderbos, R., Van Olffen, W., and Zou, J. 2011. Generic and Specific Social Learning Mechanisms in Foreign Entry Location Choice, Strategic Management Journal, 32: 1309-1330.
Stephen Tallman, Anupama Phene. 2007. Leveraging Knowledge Across Geographic Boundaries. ORGANIZATION SCIENCE. Vol. 18, No. 2, pp. 252-260
Juan Alcácer and Minyuan Zhao. 2012. Local R&D Strategies and Multilocation Firms: The Role of Internal Linkages Management Science April 58:734-753
Jasjit Singh. 2013. Geographic Constraints on Knowledge Spillovers: Political Borders vs. Spatial Proximity. Management Science, 59 (9): 2056 – 2078.
Jaeyong Song, Wilbur Chung, and Chaerin Yun. 2013. Managing Internal and External Knowledge: Localization & Local Experience in Multinational Firms. Under Revise & Resubmit at the Journal of International Business Studies
Whittington, Kjersten., Owen-Smith, Jason, and Powell, Walter. 2009. Networks, propinquity, and innovation in knowledge-intensive industries. Administrative Science Quarterly. 54: 90 – 122.
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Tallman, Stephen., Jenkins, Mark., Henry, Nick., & Pinch, Steven. 2004. Knowledge, clusters and competitive advantages. Academy of Management Review, 29: 258 – 271.
Chung, Wilbur and Alcacer, Juan. 2002. Knowledge seeking and location choice of foreign direct investment in the United States. Management Science, 48: 1534 – 1554.
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Bartlett, C. A., & Sumantra G. 1989. Managing across borders: The transnational solution. Harvard Business School Press: Cambridge MA.
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Kogut, B., & Singh, H. 1988. The effect of national culture on the choice of entry mode. Journal of International Business Studies 19: 411-432.
Kogut, B., & Kulatilaka, N. 1994. Operating flexibility, global manufacturing, and the option value of a multinational network. Management Science 40: 123-139.
Kogut, B., & Chang, S. J. 1996. Platform investments and volatile exchange rates: Direct investment in the US by Japanese electronic companies. Review of Economics and Statistics 78: 221-231.
Week 13 (6/7) Emerging paradigms in international strategy – 2
** Shan, Weijian and Song, Jaeyong. 1997. Foreign Direct Investment and the Sources of Technological Advantage: Evidence from the Biotechnology Industry. Journal of International Business Studies, 28 (2) 267-284.
*Jaeyong Song, Kazuhiro Asakawa, and Youngeun Chu. 2011. What Determines Knowledge Sourcing from Host Locations of Overseas R&D Operations?: A Study of Global R&D Activities of Japanese Multinationals. Research Policy, 40 (April), 380 - 390.
*Nell, Phillip and Ambos, Bjorn. 2013. Parenting advantage in the MNC: An embeddedness perspective on the value added by headquarters. Strategic Management Journal, 34 (9): 1086-1103.
* Berry, Heather. 2014. Global integration and innovation: Multicountry knowledge generation within MNCs. Strategic Management Journal, 35 (6): 869 – 890.
* Berry, Heather and Kaul, Aseem. 2015. Global Sourcing and Foreign Knowledge Seeking. Management Science, 61 (5): 1052 – 1071.
* Lahiri, Nandini. 2010. Geographical distribution of R&D activity: How does it affect innovation quality? Academy of Management Journal, 53 (5): 1194 – 1209.
Patel, Pankaj., Fernhaber, Stephanie., McDougall-Covin, Patricia, and van der Have, Robert. 2014. Beating competitors to international markets: The value of geographically balanced networks for innovation. Strategic Management Journal, 35 (5): 691 – 711.
Belderbos, Rene. 2003. Entry mode, organizational learning, and R&D in foreign affiliates: Evidence from Japanese firms. Strategic Management Journal, 24: 235 – 259.
Almeida, Paul and Phene, Anupama. 2004. Subsidiaries and knowledge creation: The influence of the MNC and host country on innovation. Strategic Management Journal, 25: 847 – 864.
Chang, Yi-Ying, Gong, Yaping, and Peng, Mike W. 2012. Expatriate Knowledge Transfer, Subsidiary Absorptive Capacity, and Subsidiary Performance, Academy of Management Journal, 55: 927-948.
Chung, Wilbur and Yeaple, Stephen. 2008. International knowledge sourcing evidence from U.S. firms expanding abroad. Strategic Management Journal, 29 (11) 1207 – 1224.
Cantwell, J.A. & Janne, O.1999. Technological globalization and innovative centers: the role of corporate technological leadership and locational hierarchy. Research Policy, 28,119-144.
[Classic] Cantwell, J.A.1989. Technological innovation and multinational corporations. Oxford: Basil Blackwell.
Cantwell, J.A. & Iammarino, S. 1998. MNCs, technological innovation and regional systems in the EU: Some evidence in the Italian Case. International Journal of Economics and Business, 5(3), 383-408.
Cantwell, J.A. & Janne, O.1999. Technological globalization and innovative centers: the role of corporate technological leadership and locational hierarchy. Research Policy, 28,119-144.
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Frost, T. S. 2001. The geographical sources of foreign subsidiaries’ innovations. Strategic Management Journal, 22: 101-123.
Week 14 & 15 (6/14 & 6/21) Emerging paradigms in strategy + Student presentation of paper proposals + Course Wrap-up Course Wrap-up
Joseph Farell and Paul Klemperer. 2001. Coordination and Lock-In: Competition with Switching Costs and Network Effects. Mimeo.
Lee, Jeho and Lee, Jongseok. 2006. Reconsideration of the Winter-take-all Hypothesis: Complext networks and local bias. Management Science, 52 (12), 1838 – 1848.
Lee Fleming, Charles King, III, Adam I. Juda. 2007. Small Worlds and Regional Innovation. ORGANIZATION SCIENCE. Vol. 18, No. 6, November-December 2007, pp. 938-954
Lee, Jongsuk, Jeho Lee, and Habin Lee. 2003. “Exploration and Exploitation in the Presence of Network Externalities,” Management Science, 49: 553-570.
Jan W. Rivkin, Nicolaj Siggelkow. 2007. Patterned Interactions in Complex Systems: Implications for Exploration. MANAGEMENT SCIENCE. 53 (7), pp. 1068-1085
Song, Jaeyong and Lee, Jeho. Forthcoming. In Search of Competitive Strategy in the Network Economy. Financial Times Next Generation Business Book series (edited by Subir Chowdhury).
Katz, Michael L. and Carl Shapiro. 1985. Network Externalities, Competition, and Compatibility, American Economic Review, 75, pp. 424-440.
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Lee, Jeho and Song, Jaeyong. 2001. Interorganizational coupling and isomorphic behavior in foreign direct investment: Linking science of complexity. Mimeo.
Arthur, W. Brian. 1989. Competing Technologies, Increasing Returns, and Lock-in by Historical Events, Economic Journal, 99. pp. 116-131.
Amit, Raphael and Zott, Christoph. 2001. Value creation in e-business. Strategic Management Journal, 22: 493-520.
Gavetti, Giovanni and Levinthal, Daniel. 1999. Looking forward and looking backward. Administrative Science Quarterly, 45: 113-140.
Milgrom, Paul and John Robert. 1990. “The Economics of Modern Manufacturing: Technology, Strategy, and Organization,” American Economic Review. 80, pp. 511-528.
Lee, Jongseok., Lee, Jeho., and Lee, Habin. 2000. Exploration and exploitation in the presence of network externalities: The role of power users. Mimeo.
Kauffman, Stuart A. 1995. At Home in the Universe: The Search for the Laws of Self-Organization and Complexity: Chapter 8. High Country Adventure. New York: Oxford University Press.
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Levinthal, Daniel. 1996. "Strategic Management and the Exploration of Diversity". In Resource based and Evolutionary theories of the Firm: Towards a Synthesis, Ed. Cynthia Montgomery, Chapter 2, pp 19-43
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Holland, John H. 1992. “Genetic Algorithms,” Scientific American, July pp. 66-72.
Jeho Lee. 1998. Increasing returns and the emergence of innovative race: The evolution of the US Pharmaceutical industry, 1920-1960. Mimeo.
Haupt, Randy L., and Sue Ellen Haupt. 1998. Practical Genetic Algorithms, New York: John Wiley & Sons, Inc.
Arthur, W. Brian. 1990. “Positive Feedbacks in the Economy,” Scientific American, February, 92-99.
Kauffman, Stuart A. 1993. The Origin of Order: Self-Organization and Selection inEvolution. New York: Oxford University Press.
Krugman, Paul. 1994. “Complex Landscapes in Economic Geography,” American Economic Review Proceedings, 84, pp. 412-416.
Bak, Per and Kan Chen. 1991. Self-Organized Criticality. Scientific American. January, pp. 46-53.
Bak, Per. 1996. How Nature Works: The science of self-organized criticality. New York: Spinger-Verlag.
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Axlerod, Robert. 1996. “The evolution of strategies in the iterated prisoner’s dilemma,” in The Complexity of Cooperation. Princeton, NJ: Princeton University Press.
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