美國賓夕法尼亞大學(xué)沃頓商學(xué)院趙敏淵副教授：Knowledge Sourcing by Multidivisional Firms (with Pranav Garg) 2016-06-27

題目：Knowledge Sourcing by Multidivisional Firms (with Pranav Garg)

主講：趙敏淵副教授美國賓夕法尼亞大學(xué)沃頓商學(xué)院

時(shí)間：2016年6月28日上午9：00—11：00

地點(diǎn)：管院315

題目：

Knowledge Sourcing by Multidivisional Firms (with Pranav Garg)

摘要：

The literature on knowledge sourcing has mostly treated firms as unitary actors, even though the

major players in the market for knowledge are multidivisional firms that have to balance the

competing demands of heterogeneous divisions. This study examines the effect of an important

facet of multidivisional firms— heterogeneity in capabilities across divisions—on the knowledge

sourcing strategies of multidivisional firms. Our model shows that firms with greater inequality in

technological capabilities across their divisions source more early-stage knowledge, while firms

with greater inequality in sales capabilities across their divisions source less late-stage knowledge.

Underlying these firm-level patterns is the tendency for firms to source more late-stage knowledge

through strong divisions to maximize profits but source more early-stage knowledge through weak

divisions to spread their bets. We find support for these predictions using data from the pharmaceutical

industry. This study is a novel attempt to understand differences in knowledge sourcing across firms

by examining the distribution of capabilities within firms.