Although many studies have assessed the effects of networking and government assistance programs on small business success, little attention has been paid to opportunities afforded by technology for owner–managers in same industry offer “soft” support, such as advice, one another. Here we examine arts crafts e–commerce, a context conducive comparing distinct types advice where great deal peer is exchanged via formal informal networks. Survey results from 343 artisan entrepreneurs show that...

Research Summary: To further our understanding of how and why organizations engage in coopetition, we explore cooperative competitive actions the craft beer industry. Through an inductive field study, including interviews with brewery owners, propose collective identity norms play a critical role persistence coopetition over time. Our process model suggests that (a) oppositional identity, (b) shared belief rising tide lifts all boats, (c) advice assistance should be paid forward, can lead to...

Purpose – The purpose of this paper is to examine small business owners’ informal advice-seeking from peers, with a focus on the opportunities afforded by internet for owners acquire assistance other owner-managers outside their local community. Design/methodology/approach Over 600 in rural US state were surveyed about during previous year peers same community, non-local they had met person, and known only online. Mixed effects logistic regression analysis was used test both main owner...

To further our understanding of why and how firms engage in coopetition, we investigate competitive cooperative actions the craft beer industry. Through an inductive field study 26 founder-owners, find that identity plays a critical role coopetition. Specifically, reveal entrepreneurs hold three important identity-related perceptions drive their firms’ engagement coopetitive actions: 1) belief advice assistance should be paid forward to new entrants, 2) rising tide lifts all boats, 3) they...

While the benefits of experiential learning are well established throughout management and business courses, they used less often when teaching strategic management. Yet, many concepts in strategy, such as value chain, difficult for students to understand. The abstract nature these topics, coupled with limited real-life exposure make topics understand apply. Golden Ticket exercise is designed help correctly apply VRIO framework conduct a chain analysis. This uses redirection tool,...

In this article, we examine the impact of repeat interactions between VCs and underwriters. Past research has suggested that such build trust may contribute to more equitable treatment issuing firms. We adopt an alternative perspective suggest these are characterized by reciprocal exchanges facilitated opportunistic behavior from VC. Our analysis demonstrates underwriters interact in order appropriate greater value IPO. This article provides a complete understanding VC underwriter...

Legitimacy is a key concept in the research of management and organizations. However, little has examined loss legitimacy. This study examines incidents regulative legitimacy violation focuses on effect such have alliance partners perpetrating We specifically examine three types violations—administrative law, criminal civil law. Using sample 32 that involved Fortune 100 companies, we show negatively influences stock market performance partners. More interestingly, repair efforts by firm...

Purpose This paper aims to examine the impact of a firm’s governance characteristics on signals released during initial public offering (IPO) process. focuses role founder and how different convey or diminish agency issues adverse selection moral hazard prior IPO. study also explores performance (underpricing) firm involvement signal effectiveness. Design/methodology/approach examines 122 firms IPO process determine influence that founder’s presence, position ownership has signaling...

We examine the antecedents of development alliance management capabilities among IPO firms. suggest that CVCs provide unique and tacit knowledge to their portfolio firms develop greater capabilities, which helps these better manage thus profit from network. use knowledge-based view when younger are guided by established corporate venture capitalists (CVCs), able diversified portfolios. several forms diversification (partner, national, functional industry) find with CVC backing draw more...

This paper explores the factors that shape extent to which organizational disapproval and repair attempts impact spillover firms within an alliance network. Using a long-term event study random effects GLS model, we find social such as pre-event visibility of alliance, tenor post-event media coverage, by focal firm all strongly influence speed transmission persistence among partners. We test our arguments using sample 229 allied methodology regression.

Legitimacy loss often creates negative spillover for other organizations that are connected with the focal organization. We examine how alliance partners affected by such when organization loses regulative legitimacy or receives legal sanctions. specifically three types of violations–administrative law, criminal and civil law. Using a sample 32 incidents involved Fortune 100 companies, we show negatively influences stock market performance partners. More interestingly, perpetrating firm’s...