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Too Much of a Good Thing? The Dual Effect of Public Sponsorship on Organizational Performance
Julien Jourdan,Ilze Kivleniece +1 more
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In this paper, a U-shaped relationship between the amount of public sponsorship received and the market performance of sponsored organizations was found to be moderated by the breadth, depth and focus of the focal organization's resource accumulation and allocation patterns.Abstract:
Existing research provides contradictory insights on the effect of public sponsorship on the market performance of organizations. We develop the nascent theory on sponsorship by highlighting the dual and contingent nature of the relationship between public sponsorship and market performance. By arguing that sponsorship differentially affects resource accumulation and allocation mechanisms, we suggest two opposing firm-level effects, leading to an inverted U-shaped relationship between the amount of public sponsorship received and the market performance of sponsored organizations. This non-linear relationship, we argue, is moderated by the breadth, depth and focus of the focal organization's resource accumulation and allocation patterns. While horizontal scope (i.e. increased breadth) and externally oriented resource profile (i.e. reduced depth) strengthen the relationship, market orientation (i.e. increased focus) attenuates it. We test and find strong support for our hypotheses using population data on French film production firms from 1998 to 2008. Our work highlights the performance trade-offs associated with public sponsorship, and carries important managerial and policy implications.read more
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Creativity in Context: Update to "The Social Psychology of Creativity"
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Creating and Capturing Value in Public-Private Ties: A Private Actor's Perspective
Ilze Kivleniece,Bertrand Quelin +1 more
TL;DR: The authors identify the value creation and capture mechanisms embedded in these ties through a theoretical framework of two conceptual public-private structural alternatives, each associated with different value-creating capacities, rationales, and outcomes.
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Government's green grip: Multifaceted state influence on corporate environmental actions in China
TL;DR: The influence of the Chinese state at multiple levels on the environmental actions of publicly listed firms is examined to conclude that state influence on corporate environmental actions in China is multifaceted and subject to “policy‐policy decoupling.”
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The distinct signaling effects of R&D subsidy and non-R&D subsidy on IPO performance of IT entrepreneurial firms in China
TL;DR: In this article, the authors investigated how R&D subsidy and non-R&D subsidies affect entrepreneurial firms' initial public offering (IPO) performance in an emerging economy like China.
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Do more subsidies promote greater innovation? Evidence from the Chinese electronic manufacturing industry
TL;DR: In this article, an inverted U-shaped relationship between the amount of subsidies and four indicators of technology innovation was investigated, leading to three effects: resource allocation, information efficiency, risk control and regional economic development.
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Opportunity and constraint: organizations’ learning from the operating and competitive experience of industries
Paul Ingram,Joel A. C. Baum +1 more
TL;DR: This paper investigated the influence of own experience and of two types of industry experience on the failure rates of U.S. hotel chains and found that generalist organizations are more weakly affected by their own experience than specialists, and organizations benefit from their industry's operating experience, accumulated both before and after the organization's entry.
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Governance value analysis and marketing strategy
Mrinal Ghosh,George John +1 more
TL;DR: In this article, the authors extend transaction cost analysis into a governance value analysis (GVA) framework to address marketing strategy decisions, especially with regard to strategies grounded in cooperative relationships.
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Market‐oriented is more than being customer‐led
Stanley F. Slater,John C. Narver +1 more
TL;DR: The authors argue that market oriented businesses focus on future customer needs to the neglect of current customer needs and that only large companies have the resources to become market oriented, and they use this response to clarify their position on these issues.
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Country capabilities and the strategic state: how national political institutions affect multinational corporations' strategies
TL;DR: In this paper, the authors present a framework for the analysis of how MNC's strategies interact with states' industrial strategies, showing how national institutional arrangements can systematically contribute to state strategic capabilities that form a basis of competitive advantage.
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Toward greater understanding of market orientation and the resource-based view
TL;DR: The authors argue that the resource-based view is not tautological, and instead, realizing the potential value of resources depends on those resources being exploited through a firm's strategic actions.