EI Seminar - 4th May 2017
Speaker: Associate Professor Paola Criscuolo, Deputy Head of the Innovation and Entrepreneurship Department at Imperial College Business School
Title: The Division of Networks and Innovation.
Developing innovations often requires close collaboration between technologists and managers, who each in addition may call on their network connections to access information or influence decision-making. Exploiting a unique setting of R&D technologists and managers in a large multinational who are “partnered-up” in their pursuit of innovation. This study assesses under what circumstances technologists (managers) benefit from duplicating ties to the same groups in the organization as their manager partner (technologist partner), or rather from dividing the network with their partner by each addressing different groups. Introducing the concept of network role equivalence – the extent to which two individuals are tied to the same role sets inside the organization – this paper aims to build and test a theory of the division versus duplication of networks that advances our understanding of second-order social capital and its role in the information and influencing aspects of the innovation process. Through a mixed-method study, we test how network role equivalence affects technologists’ (managers’) innovation performance and how the merits of a division or duplication-of-networks approach are contingent on the extent of expertise overlap between the partnered co-workers.
Paola Criscuolo is Associate Professor and Deputy Head of the Innovation and Entrepreneurship Department at Imperial College Business School. She has published in Academy of Management Journal, Organization Science, Research Policy and others.
EI Seminar - 31st May 2017
Speaker: Professor Kevin Corley is a Professor, Department of Management & Entrepreneurship, W.P. Carey School of Business, Arizona State University
Title: Publishing in Top-Tier Management Journals: Joining & Contributing to a Theoretical Conversation
More and more so, being able to make a significant theoretical contribution through one's research and writing is a necessary element for getting published in the top-tier management journals. Unfortunately, convincing a journal that your work provides a significant theoretical contribution is more an art than a science, regardless of whether the paper is conceptual or empirical, inductive or deductive. My intention in this talk is to help increase your chances of successfully publishing in top-tier management journals by discussing what I see as some key success factors in making a theoretical contribution: (1) selling the novelty and usefulness of your contribution; (2) engaging the current literature and finding your "puzzle"; (3) explicating the implications of your theoretical contribution for how future research should proceed; and (4) successfully navigating the R&R process. Using my experiences as an author, reviewer and Associate Editor at AMJ, as well as an author and reviewer at AMR, ASQ, and Org Science, I want to delve into these success factors, including coverage of some important “what to do’s” and “what not to do’s” when writing and submitting your paper.
Kevin G. Corley (Ph.D., Penn State) is a Professor in the Management & Entrepreneurship department at the W. P. Carey School of Business at Arizona State University. His research largely springs from the question, “why do people in organizations experience change the way they do?” Answering this question has led Prof. Corley to do field research examining the processes by which managers and employees organize around their roles and practices, as well as how they make sense of the changes that occur within their organization. Examining these processes has led him to focus on foundational concepts such as identity, image, identification, culture and learning. His research has appeared in the Academy of Management Journal, the Academy of Management Review, Administrative Science Quarterly, Organization Science, and the Academy of Management Annals. He recently served as an Associate Editor at the Academy of Management Journal focused on qualitative methods, and helped co-edit a special issue on mixed-methods research at Organizational Research Methods. He has delivered research talks and methodology workshops at business schools across Europe, including Oxford, Imperial, Cass, Aalto, Hanken, INSEAD, IE, IESE, Bocconi, the Munich School of Management, ESSEC Paris, and HEC Montreal.
EI Seminar - 1st June 2017
Speaker: Professor Jaideep Prabhu, Professor of Marketing and the Jawaharlal Nehru Professor of Indian Business & Enterprise at the University of Cambridge
Title: The Lives of Micro-entrepreneurs: Why Do Some Differentiate More than Others?
This paper studies differentiation behavior among businesses run by micro-entrepreneurs: those that employ five or fewer people. Such businesses are the most common type in the world, and are especially common in the developing world, where they make up a large part of the economy. Using extensive data from 407 micro-entrepreneurs in an urban slum in Cairo, Egypt, we examine how the mode of access to a productive asset (i.e., possession versus leasing of a grocery store) affects the extent of differentiation of the business. Exploiting differences in property rights laws as an instrument for the mode of access to a productive asset, we estimate large effects of the mode of access on business differentiation. Once the effect of the mode of access is controlled for other factors such as age, gender and education are no longer seen to significantly affect extent of differentiation.
Jaideep Prabhu is a Professor of Marketing and the Jawaharlal Nehru Professor of Indian Business & Enterprise at the University of Cambridge. He was previously Professor of Marketing at Imperial College London. He has published in the Journal of Marketing, Journal of Marketing Research, the Proceedings of the National Academy of Sciences, MIS Quarterly and the Journal of Product Innovation Management.
EI Seminar - 26th April 2017
Speaker: Associate Professor Gary Dushnitsky, of Strategy and Entrepreneurship at London Business School and Senior Fellow at the Wharton School of the University of Pennsylvania
Title: Far from the Madding Crowd? Analysis of 539 Crowdfunding Platforms' Location Across Europe - Gary Dushnitsky, Evila Piva, Cristina Rossi-Lamastra
Various sources of uncertainty affect entrepreneurs’ access to capital. Consequently, investors often fund geographically proximate startups. It is a common practice among angel investors (Mason and Harrison, 1994), venture capitalists (Lerner, 1995; Sorenson and Stuart, 2001), and banks (Agarwal and Hauswald, 2010). Investors’ location preferences are explained as a remedy to endogenous uncertainty. Proximity allows mitigating adverse selection through soft information, and lessening moral hazard via monitoring. The purpose of this study is to explore an underlying tension to location practices. To that end, another key source of uncertainty is noteworthy; exogenous uncertainty (Kaplan and Stromberg, 2004). It is shared by investors and entrepreneurs, who equally face uncertainty regarding future demand or the intensity of competitive response. Specifically, exogenous uncertainty is concerned with the future prospect of a focal startup (i.e., can it create value?). Endogenous uncertainty recognizes that, even with a successful startup, the entrepreneur may shirk (i.e., can investors capture value?). Accordingly, we study location practices as a balance between exogenous and endogenous uncertainty. Our analysis builds on a novel institution for entrepreneurial finance; crowdfunding platforms. A platform features five unique traits: (a) an Internet-platform, (b) aggregating multiple individuals, where (c) each makes small contributions, (d) based on a distinct objectives (e.g., financial, social), and (e) his/her assessment. On the one hand, crowdfunding platforms should be location agnostic because the Internet affords access to contributors across the globe. Exogenous uncertainty is mitigated by aggregating manifold investors and hence validating future demand. However, geographically dispersed investors have limited monitoring capabilities and thus face heightened endogenous uncertainty. On the other hand, platforms may feature strong local preferences, similar to other investors. Namely, platforms may serve locals with soft-information and monitoring-capabilities, and forego demand-validation that is gained by aggregating investments worldwide. We construct a proprietary database of 539 crowdfunding-platforms in fifteen European countries. Figure 1 reports platforms distribution. We compare the four main crowdfunding types (Donation, Reward, Lending, Equity), recognizing endogenous uncertainty mostly affects the latter two. The study proceeds to analyse platform activity across 211 NUTS-2 regions of the EU-15. Our contribution is twofold. First, we highlight an innate tension to proximate-investment. It may alleviate endogenous uncertainty, yet comes at the cost of exacerbating exogenous uncertainty. Second, we complement common-wisdom. Crowdfunding was originally perceived as an Internet-based phenomenon that will ‘democratize access to capital’. Our findings suggest there is a local facet to the crowdfunding phenomenon.
Gary Dushnitsky is an Associate Professor of Strategy and Entrepreneurship at London Business School and a Senior Fellow at the Wharton School of the University of Pennsylvania. He is a Senior Editor at Organization Science, and the Co-Editor at the Strategic Entrepreneurship Journal. He has received several academic distinctions, including the 2013 SMS Emerging Scholar Award and the 2009 Kauffmann Junior Faculty Fellowship.
EI Seminar - 2nd February 2017
Speaker: Professor Martin Kilduff, Deputy Director (Research), head of Organizations and Innovation Group, and Professor of Organizational Behaviour at UCL
Title: When Brokerage Between Friendship Cliques Endangers Trust: A Personality-Network Fit Perspective
Workplace friendship obligations of openness and favouritism are likely to conflict with organizational norms of discretion and neutrality. This dilemma is especially apparent for Simmelian brokers, who divide time and attention across multiple otherwise disconnected Friendship cliques. In two samples, we found support fo the core idea that the fit between the requirements of the network role and the personality of the individual facilitates trust. Simmelian brokers are trusted by their friends if they exhibit a role-appropriate diplomatic personality style involving flexibility of self-presentation (high self-monitoring) and inhibition of verbal loquaciousness (low blirtatiousness). Of course, not everyone engages in Simmelian brokerage. Some individuals experience a strongly cohesive situation: a single friendship clique within which they are embedded. For these non-brokers, we hypothesized and found that the most appropriate triat combination likely to maintain the trust of a group of tightly-bound colleagues involved a forthright, be-true-to-yourself, loquacious personality styple (ie. low self-monitoring, high blirtatiousness). In introducing a personality-network fit perspective concerning whether Simmelian brokers are trusted by their colleagues, we help reconcile discrepancies in prior literature concerning whether or not these brokers are paralysed into indecision by cross pressures. Brokers who flexibly and guardedly manage individuality facilitate interconnection across cliques.
Martin Kilduff (PhD Cornell, 1988) is Professor of Organizational Behavior at the UCL School fo Management and former editor of Academy of Management Review (2006-08). His reserach focuses on the micro-foundations and consequences of individuals' social networks, with particular emphasis on the role of personality, cognition, and emotion in these processes. His recent work investigates: the career benefits and drawbacks of working under a high-reputation boss (AMJ, 2015); and the extent to which men and women leaders are evaluated by the social network contexts in which they work (Organizational Science, 2015).
EI Seminar - 2nd December 2016
Speaker: Dr Charlene Zietsma, Associate Professor and Ann Brown Chair in Organization Studies, Schulich School of Business
Title: A Non-Conflictual Pathway of Change by the Marginalized: Interstitial Positioning and Logic Integration
Change in highly institutionalized environments is often difficult because it involves unlocking normative, cognitive and regulative mechanisms that maintain current regimes, and it often threatens elite interests. Marginalized actors who desire changes in institutional arrangements may not have the influence to make them happen, and contestation may not be a “safe” strategy. We examine a social enterprise and movement of Japanese housewives seeking to improve the life of Japanese citizens. Guided by a consistent set of core values connected to a marginalized societal logic, the “life logic”, the Seikatsu Club and its associated network of organizations, engaged in continuous innovations in interstitial locations, creating new organizational forms as bridging structures from the periphery to dominant spheres. Such organizational forms, moreover, were different enough that they did not attract much attention or sanction from dominant players, because they operated outside dominant fields. The Seikatsu Club’s life logic became the legitimating factor, both internally and externally, for the pursuit of change. More importantly, through those bridging structures, the core values of the Seikatsu Club spilled over into the mainstream political and economic structures, causing reverse adaptation, hence achieving social change without evoking direct contestation. Our study shows how marginalized actors can effect institutional change with minimal contestation and conflict through pragmatic, values-driven action in interstitial spaces.
Dr. Charlene Zietsma is Associate Professor and Ann Brown Chair of Organization Studies and Director of Entrepreneurship at the Schulich School of Business, York University in Toronto, Canada. Charlene uses institutional, social movement and entrepreneurship perspectives to focus on the multilevel, multi-actor processes leading to significant, large-scale change, usually in the context of sustainability. Charlene has published articles in Administrative Science Quarterly, Academy of Management Journal, Academy of Management Review, Academy of Management Annals, Organization Science, Journal of Business Venturing and other fine journals. In 2016, she and co-author Tom Lawrence were awarded the ASQ Scholarly Impact Award for the research published in 2010 that has had the most substantial influence on the field of organization studies. Charlene is a Senior Editor for Organization Studies, and serves on the editorial board for several other journals.
EI Seminar - 17th November 2016
Speaker: Dr Marina Biniari, Aalto University, Finland
Title: Emotional Energy, Interactions and Innovation Failure
Based on an inductive study of a company’s internal corporate venturing activities, this paper describes how individuals’ selection and alteration among patterns of social interaction regarding a focal innovation activity can influence innovation outcomes. We suggest that two competing forces dynamically influence the selection and alteration among patterns of social interaction. On one side, the emotional energy elicited from appetitive social interactions reinforces the selection and maintenance of interactions that satisfy individuals’ needs. On the other hand, organizational forces for performance condition the selection process of individuals by enforcing the inclusion of interactions that may differ from those the individuals perceive as appetitive. We theorize on how the retention of certain social interactions over others creates misalignment and eventually divergence between the organizational and individuals’ expected gains from the focal innovation activity. Our study reveals how such divergence may benefit the individual, but it damages organizational level innovation outcomes.
Authors: Natalia Vuori, Marina Biniari, Timo Vuori – Aalto University, Department of Industrial Engineering and Management
Marina Biniari is an Assistant Professor of High Growth Entrepreneurship at Aalto University, School of Science. Her research focuses on how companies can improve their innovation and renewal efforts, and the role of managers in this process. In specific, at the individual level she studies how organizational and psychological factors influence (managerial and non-managerial) employees’ corporate entrepreneurial behaviour and innovation outcomes. At the organizational level, she studies how managers design conditions of contextual and structural ambidexterity within existing organizations, with a special interest in the empirical context of corporate venturing units.
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