Eberhardt School of Business Faculty Books and Book Chapters

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  Entrepreneurship and Global Capitalism

  Geoffrey Jones and R. Daniel Wadhwani

  This set of insightful papers demonstrates the importance of historical perspectives in the study of entrepreneurship. By exploring the role of entrepreneurship in the history of global capitalism, these volumes show that historical knowledge can challenge widely accepted generalizations made about entrepreneurship. The selected articles cover the best historical research on the role of entrepreneurship in creating global capitalism; the cultural and institutional explanations for geographical and temporal variations in entrepreneurship; the deep historical origins of ‘born global’ companies; the importance of networks and diaspora in new international market development; the key role of public policy in shaping cross-border entrepreneurial activity; and the impact of international entrepreneurship on local economies. This comprehensive collection will be of great interest to scholars of entrepreneurship, international business and business history.

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  Organization Design, Organizational Learning, and the Market Value of the Firm

  Tim N. Carroll and S. D. Hunter

  We compare market returns associated with firms' creation of new units focused on e-business. Two aspects of organization design - governance and leadership - are considered with regard to exploitation and exploration-oriented organization learning. We find that exploitation in governance (high centralization) is associated with a lower mean and variance in returns; that exploitation in leadership (appointment of outsiders) is associated with the same mean yet higher variance; and, among units exhibiting both modes of learning, the variance of returns are not equal.

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  Withholding effort at work: Understanding and preventing shirking, job neglect, social loafing, and free riding

  Nathan Bennett and Stefanie E. Naumann

  Throughout modern times, business cycles have contributed to organizational conditions with well-understood implications for the employee-employer relationship. During “boom” periods, qualified employees are scarce and expensive. During these periods, employers express concern about maintaining competitive pay and benefits practices, protecting their “investment” in human resources, creating and maintaining an attractive work environment, and minimizing turnover. During “bust” periods, qualified labor becomes much more easily found, and employers focus on minimizing the cost of human resource “overhead,” downsizing, maximizing operational efficiency, and optimizing the performance of remaining employees. Although macroeconomic conditions are arguably the key driver ...

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  A unit-level perspective on organizational citizenship behavior

  Stefanie E. Naumann and M. G. Ehrhart

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  Innovations in governance: Global structuring and the field of public exchange-traded markets

  Mark J. Ventresca, Dara Szyliowicz, and Tina M. Dacin

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  The Coevolution of New Organizational Forms

  Arie Y. Lewin, Chris P. Long, and Tim N. Carroll

  This paper outlines an alternative theory of organization-environment coevolution that generalizes a model of organization adaptation first proposed by March (1991), linking firm-level exploration and exploitation adaptations to changes in the population of organizations. The theory considers organizations, their populations, and their environments as the interdependent outcome of managerial actions, institutional influences, and extra-institutional changes (technological, sociopolitical, and other environmental phenomena). In particular, the theory incorporates potential differences and equifinal outcomes related to country-specific variation. The basic theses of this paper are that firm strategic and organization adaptations coevolve with changes in the environment (competitive dynamics, technological, and institutional) and organization population and forms, and that new organizational forms can mutate and emerge from the existing population of organizations. The theory has guided a multicountry research collaboration on strategic and organization adaptations and the mutation and emergence of new organizational forms from within the existing population of organizations.

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  Turnover: An integration of Lee and Mitchell's unfolding model and job embeddedness construct with Hulin’s withdrawal construct

  Chris Sablynski, T. W. Lee, T. R. Mitchell, J. P. Burton, and B. Holtom

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  Job embeddedness: Current research and future directions

  X. Yao, T. W. Lee, T. R. Mitchell, J. P. Burton, and Chris Sablynski

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  Relationship between Volatility and Expected Returns across International Stock Markets

  Unro Lee and P. Theodossiou