18th October 2017
Joint Seminar with ISM and SiB
Speaker (EI & Sib): Professor Marco Tortoriello, Bocconi University
Title: Intra-Organizationl Networks of Innovation: Proportion of Simmelian Ties and Individual Innovativeness
In this paper we prpose a complementary approach to traditional explanations of how individual network characteristics affect their ability to generate innovations. In particulary, by partitioning individual networks into two mutually exclusive and exhaustive categoires of ties, Simmelian vs. non-Simmelian ties, we argue for the importance of their joint consideration to explain individuals' innovativeness. While both sets of ties provide conditions that are necessary for the generation of innovation, no one set alone provides conditions that are also sufficient to explain individual innovative outputs. In the context of three distinct business units of a large multinational semiconductor company we survery 253 engineers collecting data about their knowledge sharing network and their innovative productivity. Results show that over and above traditional predicators of innovativeness, the proportion of Simmelian ties they have critically affects their innovative capabilities. In particular we observe an inverse U-shaped relationship between proportion of Simmelian ties and individuals' innovative output and we further observe that the upward and downward sloping of this curve becomes steeper for individuals with higher job rank.
Biography: Marco Tortoriello is a Professor of Strategy and Organizations at Bocconi University. His research focuses on understanding the mechanisms and returns to informal network relationships within and across organizations. He received his M.S. and Ph.D. in Industrial Administration from Carnegie Mellon University. He has published in the Academy of Management Journal, Strategic Management Journal and Organization Science among others.
Speaker (ISM): Professor Lars Bo Jeppesen
Title: Entrepreneurial Crowdfunding with Private Claims
Today’s crowdfunding raises funds for tiny, private entrepreneurial ventures without granting funders private claims to a project’s future value. Rather than “investments,” these are “contributions.” This paper argues that for such crowdfunding neither producer nor consumer surplus–i.e., project quality, in traditional terms–will play a role in determining funding. Private gifts to funders create typically weak incentives to contribute. Specific kinds of non-pecuniary motivations provide main incentives to contribute. We confirm predictions in time-series observational data set on gross contributions, communications and announcements, new version releases and policy changes, and product use from a representative project.
This is joint work with Kevin J. Boudreau, Toke Reichstein, Francesco Rullani
Biography: Lars Bo Jeppesen is a professor at Copenhagen Business School where he holds a position in Management of Innovation at the Department of Innovation and Organizational Economics. He is also a visiting scholar at NASA Tournament Lab, Harvard University. He is an expert on innovation as it relates to co-development with users, crowd sourcing, crowd funding, and technology platforms. He has published in the Strategic Management Journal, Organization Science, Journal of Product Innovation Management, Research Policy and others.
9th November 2017
Speaker: Professor Paul Tracey, Judge Business School
Title: Fish out of Water: Translation, Legitimation and New Venture Creation
We draw on institutional theory to study a common type of new venture creation that has been neglected in the literature: the translation of an existing organizational form from a different – and misaligned – institutional context. To do so we conducted an in-depth case study of H-Farm, an Italian venture that was founded as a business incubator, an organizational form that first emerged in Silicon Valley and other US technology regions. Our study illuminates the specific configuration of legitimacy pressures inherent in this type of entrepreneurship, and theorizes the strategies that entrepreneurs can enact to address them: local authentication work, category authentication work, and dual optimal distinctiveness work. We also show that the legitimacy pressures experienced by entrepreneurs may vary significantly as ventures mature, and challenge the notion of a specific “legitimacy threshold” that new ventures are required to reach. Finally, unlike much of the existing literature, our model conceptualizes translation as an iterative, dynamic and ongoing accomplishment rather than a “one off” activity with clear beginning and end points.
Biography: Paul Tracey is Professor of Innovation & Organisation and Co-Director of the Cambridge Centre for Social Innovation at the Judge Business School, University of Cambridge. He has published in the Academy of Management Journal, Academy of Management Review, Organization Science, Journal of Marketing, Journal of Business Venturing and others.
14th November 2017
Speaker: Professor Nicolai Foss, Bocconi University & WBS
Title: How Employee Heterogeneity, Bottom-up Initiative and Decision Control Interact in the Formation of Entrepreneurial Opportunities
Much research suggests that entrepreneurial opportunities in established firms result from bottom-up initiatives in a diverse workforce, and that senior management involvement in the entrepreneurial process should only be reactive. However, how these processes interact is not well understood. We hypothesize that the positive effects of bottom-up initiative and demographic diversity on opportunity formation are positively moderated by senior-level decision management. These ideas suggest that the role of senior management in the opportunity formation process goes beyond being merely reactive. We examine these ideas using two matched data sources: a double-respondent survey of CEOs and HR managers and employer-employee register data. The hypotheses are supported by the empirical analysis.
Biography:Nicolai Foss is Professor of Organization Theory and Human Resource Management at the Bocconi University, Milano and Distinguished Research Environment Professor at Warwick Business School. He was previously Department Head for several years at the Copenhagen Business School. He serves on the Board of Directors of the Strategic Management Society, and is a member of Academia Europaea. His work has been published in the Academy of Management Review, Academy of Management Journal, Organization Science, Strategic Management Journal, Journal of Management and several other leading journals.
29th November 2017
Professor Michael Pratt, Boston College
Title: Managing Intractable Conflict: The Role of Multiple Identity Resourcing in a Hospital Merger. Co-author: Stephanie Creary (Wharton).
Although past research on intergroup conflict management tends to focus on integrative solutions for promoting intergroup harmony, research suggests that such solutions are counterproductive when facing an intractable conflict: long-term, multi-issue intergroup disputes that have escalated over time. Through a qualitative single case study of two hospitals that legally merged in 1998, we reveal how these two hospitals transformed their non-productive and long-standing conflict into more productive cooperative and innovative behavior 16 years later. We propose a process model of multiple identity resourcing that shows: (a) how a conflict over scarce resources became entangled over time with issues of status, power, and identity to create an intractable conflict; (b) how this intractable conflict was managed first by managing identity; and (c) and how the consequences of managing identity opened the way for not only cooperative behavior, but the creation of new resources as well.
Biography: Michael Pratt is the O’Connor Family Professor at Boston College. He is an Associate Editor of Administrative Science Quarterly. In 2016, he received the Distinguished Scholar Award from the Management and Organizational Cognition Division of the Academy of Management. He has published in the Academy of Management Journal, Academy of Management Review, Administrative Science Quarterly, Journal of Management Studies, Journal of the Academy of Marketing Science, Organization Science and others.
7th December 2017
Professor Annabelle Gawer, Surrey Business School
Biography: Annabelle Gawer is a Professor of Digital Economy at Surrey Business School. She previously held faculty positions at INSEAD (2000-2004) and Imperial College Business School (2004-2015). Annabelle’s research focuses on digital and technological platforms, and innovative ecosystems.
12th December 2017
Professor John Antonakis, University of Lausanne
Title: The Economic Value of Charismatic Leadership
Despite the importance attributed to leadership in many economic, organizational and political contexts, it is unclear whether charisma has a causal effect on outcomes in consequential settings. Using a field experiment, we examine the causal effect of charisma on worker effort; we manipulated charisma—in the form of a stylistically different motivation speech—to examine whether it can induce costly effort among workers, and therefore generate higher output for a firm. We compared our treatment to a control treatment that received a speech having similar information content, as well as to an alternative financial incentive treatment. We also examined the effect of charisma in three laboratory experiments--using a public goods game, we test whether a charismatic speech, as compared to an alternative speech having similar information content, can help solve coordination problems in players who have a private incentive to act selfishly but who are collectively better off cooperating in the public good. Our results show that for the field experiment, charisma significantly affects worker performance and that this effect is comparable in size to the positive effect of performance pay. We find too that charisma can help solve coordination problems among team members, but that this effect depends on whether a collective sense of identity is made salient.
Biogrpahy: John Antonakis is Professor of Organizational Behavior and Director of the Ph.D. Program in Management in the Faculty of Business and Economics of the University of Lausanne, Switzerland. He is Editor in Chief of The Leadership Quarterly. He has published in Science, Academy of Management Journal, Journal of Management, Psychological Science, Harvard Business Review and others.
22nd January 2018
Professor Dan Cable, London Business School
Title: Play to Your Strengths? Highlight Newcomers’ Strengths Improves Psychological Employment Contracts
We propose that by highlighting and activating newcomers’ strengths, employers can affect the psychological contracts that are developed during the first year of employment. In a longitudinal field experiment we conducted at a global consulting firm, data confirmed that a strengths activation stopped newcomers’ drift toward transactional psychological contracts, reducing quit intentions one year later. Results showed that strengths activation was more effective when it included information from one’s social network rather than only personal reflections. In a follow-up field study, we replicated the relationship between organizations’ strengths activation and newcomers’ psychological contracts across industries and companies, and demonstrated the mediating role of self-expression in the model.
Biography: Dan Cable is Professor of Organisational Behaviour and the Chair of the Organisational Behaviour Faculty at London Business School. In 2012, the Academy of Management Perspectives ranked Dan as the 22nd most influential management scholar in the world. He has published in the Journal of Applied Psychology, Academy of Management Journal, Academy of Management Review, Management Science, Administrative Science Quarterly and Organizational Behavior and Human Decision Processes.
8th Febuary 2018
Professor Melissa Cardon, Pace University and Asscoiate Editor at the Journal of Business Venturing
Biography: Melissa Cardon is a Distinguished Professor of Management at Pace University. She is an Associate Editor at the Journal of Business Venturing.
15th March 2018
Professor Sendil Ethiraj, London Business School
Biography: Sendil Ethiraj is the Editor of the Strategic Management Journal. He is the London Business School Term Chair Professor of Strategy and Entrepreneurship and Chair of the Strategy and Entrepreneurship Faculty at London Business School.