Research Seminars

A Tree Induction Analysis of Exclusivity in Technology Licensing

Strategy & Business Policy

Speaker: Deepak Somaya
Associate Professor , University of Illinois at Urbana-Champaign

22 September 2016 - Salle Bernard Ramanantsoa - From 11:00 am to 12:30 pm


While prior research has significantly advanced our understanding about exclusivity in licensing, there are still significant gaps in our knowledge about how licensing exclusivity is impacted by the interplay between different contextual and intrinsic attributes of the license. Exclusivity in licensing can be highly complex and contingent, potentially reflecting the interactions between different theoretical explanations, and the boundary conditions that apply to each theory. The exploration of such contingencies and complexities is hampered in conventional econometric analyses, which we seek to overcome by employing a novel empirical technique called decision tree induction, a powerful machine learning tool for uncovering nested “multiple theoretical viewpoints.” Implications for the empirical and theoretical literature on licensing, and for abductive theory development by leveraging “big data” are discussed.

Markets, hierarchies and crowdsourcing: The theory of the firm revisited

Strategy & Business Policy

Speaker: Anoop Madhok
York University (Canada)

21 June 2016 - Salle du Conseil/B.Ramanantsoa - From 1:30 pm to 3:00 pm

Creating and Capturing Value in Repeated Exchange Relationships: Managing a Second Paradox of Embeddedness

Strategy & Business Policy

Speaker: Todd Zenger
University of Utah

2 June 2016 - E lab - From 1:30 pm to 3:00 pm


Prior empirical studies suggest repeated exchange develops increasing value in buyer-supplier relationships. A first order implication of this finding is that buyers will focus exchange to generate maximum value in relationships. However, buyers are equally concerned with value capture. By distributing rather than focusing exchange, buyers may position themselves to capture more of the value created, leaving buyers potentially conflicted concerning the choice. We label this dynamic the second paradox of embeddedness, distinguishing it from Uzzi’s (1997) paradox driven by technological uncertainty. By examining the procurement activities of a large, diversified manufacturing company, we then test for supplier and buyer behavior consistent with the conditions that enable and behaviors that result from this second paradox.

Government Free Riding in Medical Research

Strategy & Business Policy

Speaker: Margaret Kyle
MINES ParisTech

12 May 2016 - Salle du Conseil/B.Ramanantsoa - From 1:30 pm to 3:00 pm


Because knowledge spillovers cause the private sector to underinvest in research,
governments often fund research, especially medical research. However, knowledge
spillovers across borders might introduce free-riding by governments on each other.
We provide the rst empirical evidence of how a government responds to medical
research funding by another government. Using data from 2007 to 2014 on infectious
and parasitic diseases, we examine how governments and foundations in 41 countries
changed their funding in response to outlays by the US government, which accounted
for about half of public outlays in our sample. Because funding decisions by the US
and by other countries might have common unobserved drivers, we instrument for US
spending using the political composition of the US Congress. Congress sets the budget
for the US National Institutes of Health, and thus a ects US research funding, but does
not directly a ect other countries' research funding. We nd that a 10% US funding
increase for a disease is associated with a 1% funding reduction for that disease by an
individual foundation or government agency and a 4% reduction for other governments
in aggregate.

Competition and Influence between Critics

Strategy & Business Policy

Speaker: David Waguespack
University of Maryland

14 April 2016 - From 12:00 pm to 2:00 pm