Publications

2015
Working Paper

A Normative Theory of Dynamic Capabilities: Connecting Strategy, Know-How, and Competition

By: Gary P. Pisano

The field of strategy has mounted an enormous effort to understand, define, predict, and measure how organizational capabilities shape competitive advantage. While the notion that capabilities influence strategy dates back to the work of Andrews (1971), attempts to... View Details

Keywords: Competitive Advantage; Organizations

SSRN

October 2018
Article

The Operational Value of Social Media Information

By: Ruomeng Cui, Santiago Gallino, Antonio Moreno and Dennis J. Zhang

While the value of using social media information has been established in multiple business contexts, the field of operations and supply chain management have not yet explored the possibilities it offers in improving firms' operational decisions. This study attempts to... View Details

Keywords: Machine Learning; Information; Sales; Forecasting and Prediction; Social Media

May 2022
Case

AWS and Amazon SageMaker (A): The Commercialization of Machine Learning Services

By: Karim R. Lakhani, Shane Greenstein and Kerry Herman

Educators

Article

Corporate Finance, the Theory of the Firm, and Organizations

By: David S. Scharfstein and Patrick Bolton

Keywords: Finance; Business Ventures; Theory; Organizations

December 2010 (Revised March 2015)
Case

The Wright Brothers and Their Flying Machines

By: Tom Nicholas and David Chen

Wilbur (1867-1912) and Orville (1871-1948) Wright were fascinated by the mystery of flight and they built on the ideas of prominent earlier figures such as Octave Chanute (1832-1910) the French-born American who was influential in fostering the free exchange of ideas... View Details

Keywords: Entrepreneurship; Business History; Technological Innovation; Patents; Knowledge Sharing; Air Transportation; Air Transportation Industry; Europe; United States

Educators

December 1971 (Revised December 1994)
Background Note

Capital Structure Decision: Underlying Theory

By: William E. Fruhan Jr.

Demonstrates hypothetically and numerically the share price valuation impact of changes in a firm's capital structure. View Details

Keywords: Capital Structure; Decisions

Educators

2017
Article

Making Transparency Transparent: The Evolution of Observation in Management Theory

By: Ethan Bernstein

Observation is key to management scholarship and practice. Yet a holistic view of its role in management has been elusive, in part due to shifting terminology. The current popularity of the term “transparency” provides the occasion for a thorough review, which finds... View Details

November 1983
Article

Subjective Probability and the Theory of Games: Some Further Comment

By: A. E. Roth and F. Schoumaker

Keywords: Theory; Games, Gaming, and Gambling

2017
Article

The Energizing Nature of Work Engagement: Toward a New Need-Based Theory of Work Motivation

By: Paul Green, Eli Finkel, Grainne Fitzsimons and Francesca Gino

We present theory suggesting that experiences at work that meet employees’ expectations of need fulfillment drive work engagement. Employees have needs (e.g., a desire to be authentic) and they also have expectations for how their job or their organization will fulfill... View Details

Keywords: Needs; Motivation; Work Engagement; Disengagement; Authenticity; Self-Expression; Employees; Motivation and Incentives; Behavior; Human Needs

1985
Chapter

Stockholder, Manager, and Creditor Interests: Applications of Agency Theory

By: Michael Jensen and Clifford W. Smith Jr.

Keywords: Agency Theory; Business and Shareholder Relations; Financing and Loans; Credit; Borrowing and Debt

SSRN

May 2022 (Revised July 2022)
Supplement

AWS and Amazon SageMaker (C): The Commercialization of Machine Learning Services

By: Karim R. Lakhani, Shane Greenstein and Kerry Herman

May 2022
Supplement

AWS and Amazon SageMaker (B): The Commercialization of Machine Learning Services

By: Karim R. Lakhani, Shane Greenstein and Kerry Herman

2000
Book

Theory of the Firm: Governance, Residual Claims, and Organizational Forms

By: Michael C. Jensen

Keywords: Theory; Business Ventures

Research Summary

Work, Mate, Marry, Love: How Machines Shape Our Human Destiny

By: Debora L. Spar

What will happen to our notions of marriage and parenthood as reproductive technologies increasingly allow for newfangled ways of creating babies? What will happen to our understanding of gender as medical advances enable individuals to transition from one set of... View Details

Keywords: Technology; History; Relationships

Article

Beyond the M-form: Toward a Managerial Theory of the Firm

By: Christopher A. Bartlett and S. Ghoshal

Keywords: Management; Theory; Business Ventures

July–September 2007
Article

A Dynamic Theory of China-US Trade: Making Sense of the Imbalances

By: Amar Bhidé and Edmund S. Phelps

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March 2017
Article

Why Do We Hate Hypocrites? Evidence for a Theory of False Signaling

By: Jillian J. Jordan, Roseanna Sommers, Paul Bloom and David G. Rand

Why do people judge hypocrites, who condemn immoral behaviors that they in fact engage in, so negatively? We propose that hypocrites are disliked because their condemnation sends a false signal about their personal conduct, deceptively suggesting that they behave... View Details

Keywords: Moral Psychology; Condemnation; Vignettes; Deception; Social Signaling; Open Data; Open Materials; Moral Sensibility; Behavior; Perception