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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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The Economics of Superstars
TL;DR: The phenomenon of superstars as discussed by the authors is a well-known phenomenon in economics, where relatively small numbers of people earn enormous amounts of money and seem to dominate the fields in which they are engaged.
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Experimental Study of Inequality and Unpredictability in an Artificial Cultural Market
TL;DR: An artificial “music market” was created in which 14,341 participants downloaded previously unknown songs either with or without knowledge of previous participants' choices, and increasing the strength of social influence increased both inequality and unpredictability of success.
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State Versus Private Ownership
Andrei Shleifer,Andrei Shleifer +1 more
TL;DR: The case for private provision only becomes stronger when competition between suppliers, reputational mechanisms, and the possibility of provision by private not-for-profit firms, as well as political patronage and corruption, are brought into play as discussed by the authors.
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Institutional Linkages and Organizational Mortality
Joel A. C. Baum,Christine Oliver +1 more
TL;DR: In this paper, the authors examined the impact of institutional linkages on the failure of child care service organizations in Metropolitan Toronto, Canada, between 1971 and 1987, and found that organizations with institutional links exhibited a significant survival advantage that increased with the intensity of competition.
The External Control of Organizations: A Resource Dependence Perspective (Stanford Business Classics)
TL;DR: In this paper, the authors examine how external constraints affect organizations and how to design and manage organizations under such constraints, taking a resource dependence perspective on organizations, including the concentration and availability of resources, the role of managers, interdependence among organizations, the environment, and organizational structure.