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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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When the big one came: A natural experiment on demand shock and market structure in India’s Influenza Vaccine markets
TL;DR: This paper examined the causal relationship between exogenous demand shocks and new product introductions in India's vaccine markets and found that such a demand shock results in reversal of market structure for influenza vaccines in India with a decline in sales of multinational vaccine manufacturers and significant gains in market share gains by domestic vaccine manufacturers.
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Interaction effects of government subsidies, R&D input and innovation performance of Chinese energy industry: a panel vector autoregressive (PVAR) analysis
TL;DR: In this article, the interaction effects among government subsidies, research and development (R&D) input and innovation performance of Chinese energy industry were investigated, and the authors established that the interaction effect among subsidies, R&D inputs, and innovation performances of the Chinese industry was significant.
Posted Content
Jules or Jim: Alternative Conformity to Minority Logics
Rodolphe Durand,Julien Jourdan +1 more
TL;DR: In this paper, a positive relationship between minority participation and alternative conformity is found, and that relationship is attenuated by organizations' adherence to the dominant logic, centrality of minority logic holders, and minority logic's institutional credit.
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The government whispering to entrepreneurs: Public venture capital, policy shifts, and firm productivity
TL;DR: In this paper, the authors conceptualize governmental minority shareholding as a governance strategy through which ventures access information about future policy shifts and better calibrate their decisions before policy implementation, and test these arguments on multi-country firm-level longitudinal data about European venture capital (VC)-backed and comparable non-VC-backed companies.