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SUMMARY:MTEI Seminar by Prof. Sharon Matusik\, University of Colorado
DTSTART:20131118T120000
DTEND:20131118T133000
DTSTAMP:20260428T093734Z
UID:95d6fb11b3ed258023abcd66b09baf622f56738f583ded4c744cc82c
CATEGORIES:Conferences - Seminars
DESCRIPTION:Prof. Sharon Matusik\, University of Colorado\n"Breaking Away:
  Strategic Action in the Face of Countervailing Norms and Contagion"Abstra
 ct\nA foundational question across our literature is what drives firms to 
 be similar or different from one another. Research on firm actions in the 
 face of uncertainty\, for example\, notes that such contexts can induce fi
 rms to engage in imitative behaviors. On the other hand\, the rich stream 
 of work stemming from the resource-based view of the firm underscores the 
 importance of having unique (and valuable) resources and capabilities rela
 tive to one’s competitors in order to generate superior rents and compet
 itive heterogeneity and its sources has long been a topic of interest from
  strategy research. Interestingly\, largely absent is research about what 
 drives firms to take specific strategic actions that go against competitiv
 e norms and contagion pressures. In this study\, we propose and test a mod
 el whereby a firm’s willingness to bear uncertainty and its perceived ab
 ility to endogenize uncertainty are associated with strategic actions that
  go against competitive norms. We also hypothesize and find that these att
 ributes attenuate contagion pressure. We test these relationships using da
 ta from a 1990-2010 on the highly uncertain decision of US VCs firms to in
 ternationalize for the first time and find support for our hypotheses\, co
 ntrolling for performance\, network and resource effects. Looking at such 
 actions can better inform our understanding of isomorphic pressures by ide
 ntifying specific factors that retard such pressures. Additionally\, since
  resources and capabilities emerge as a result of specific patterns of act
 ion over time\, understanding the sources of actions that may lead firms d
 own a path yielding uncommon resources and capabilities can be useful in i
 lluminating future competitive heterogeneity. We also discuss implications
  for theory related to internationalization.
LOCATION:ODY 4.03 - VIP Room http://plan.epfl.ch/?zoom=20&recenter_y=58638
 00.12869&recenter_x=731560.22521&layerNodes=fonds\,batiments\,labels\,info
 rmation\,parkings_publics\,arrets_metro&floor=4&q=ODY_4.03
STATUS:CONFIRMED
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