The Experts below are selected from a list of 198381 Experts worldwide ranked by ideXlab platform
Raymond Fisman - One of the best experts on this subject based on the ideXlab platform.
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nationalism and Economic Exchange evidence from shocks to sino japanese relations
Review of Financial Studies, 2014Co-Authors: Raymond Fisman, Yasushi Hamao, Yongxiang WangAbstract:We study the impact of nationalism and interstate frictions on international Economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric effect is observed for Chinese companies with high Japanese exposure. The effect on Japanese companies is more pronounced for those operating in industries dominated by Chinese state-owned enterprises, whereas firms with high Chinese employment experience lower declines. These results emphasize the role of countries' Economic and political institutions in mediating the impact of interstate frictions on firm-level outcomes.
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nationalism and Economic Exchange evidence from shocks to sino japanese relations
National Bureau of Economic Research, 2014Co-Authors: Raymond Fisman, Yasushi Hamao, Yongxiang WangAbstract:We study the impact of nationalism and interstate frictions on international Economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric effect is observed for Chinese companies with high Japanese exposure. The effect on Japanese companies is more pronounced for those operating in industries dominated by Chinese state-owned enterprises, while firms with high Chinese employment experience lower declines. These results emphasize the role of countries' Economic and political institutions in mediating the impact of interstate frictions on firm-level outcomes.
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nationalism and Economic Exchange evidence from shocks to sino japanese relations
Social Science Research Network, 2013Co-Authors: Raymond Fisman, Yasushi Hamao, Yongxiang WangAbstract:We study the impact of nationalism and interstate frictions on international Economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric effect is observed for Chinese companies with high Japanese exposure. The effect on Japanese companies is more pronounced for those operating in industries dominated by Chinese state-owned enterprises, while firms with high Chinese employment experience lower declines. These results emphasize the role of countries' Economic and political institutions in mediating the impact of interstate frictions on firm-level outcomes.Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.
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the impact of cultural aversion on Economic Exchange evidence from shocks to sino japanese relations
2013Co-Authors: Raymond Fisman, Yasushi Hamao, Yongxiang WangAbstract:We study the impact of cultural aversion on international Economic relations by analyzing market reaction to two major adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure decline disproportionately during each event window; Chinese companies with high Japanese exports similarly suffer relative declines. The effect on Japanese companies is concentrated in industries dominated by Chinese state-owned enterprises, where there is greater incentive and ability to intervene, while the negative impact on Chinese firms is primarily for consumer-focused companies. Our results suggest an important impact of cultural frictions on Economic relations, and highlight that institutional context is important for understanding the mechanisms underlying this effect.
Balagopal Vissa - One of the best experts on this subject based on the ideXlab platform.
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a matching theory of entrepreneurs tie formation intentions and initiation of Economic Exchange
Academy of Management Journal, 2011Co-Authors: Balagopal VissaAbstract:This study advances understanding of network dynamics by applying matching theory to examine entrepreneurs' intentions to add new ties to their personal networks. I propose that task complementarit...
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agency in action entrepreneurs networking style and initiation of Economic Exchange
Social Science Research Network, 2010Co-Authors: Balagopal VissaAbstract:This multi-method study investigates the effects of entrepreneurs' interpersonal networking style on the initiation of interorganizational Exchange ties. I use inductive theorizing to make a distinction between interpersonal networking actions aimed at adding new contacts (network broadening actions) versus managing existing contacts (network deepening actions). I reason that because networking actions alter the cost-benefit calculus of using referrals, the extent to which entrepreneurs rely on referrals when searching for new Exchange partners should vary with their networking actions. I then propose that entrepreneurs are likely to add fewer new Exchange partners when they rely more on referrals to search. The empirical analysis employs a longitudinal design using data coded from the business cards of new contacts formed over a two-months period by a panel of Indian entrepreneurs operating business-to-business ventures. This study makes a theoretical contribution by identifying decision makers' networking style as a distinct mechanism shaping partner selection for their organization. Specifically, the study shows entrepreneurs using more network deepening actions initiate fewer new Economic Exchanges, due (in part) to their increased reliance on referral-based search; whereas entrepreneurs using more network broadening actions initiate more new Economic Exchanges due (in part) to their decreased reliance on referral-based search.
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a matching theory of entrepreneurs tie formation intentions and initiation of Economic Exchange
Social Science Research Network, 2010Co-Authors: Balagopal VissaAbstract:This study advances our understanding of network dynamics by applying matching theory to examine entrepreneurs’ intentions to add new ties to their personal network. I propose that task complementarity and social similarity are important matching criteria that influence entrepreneurs’ interpersonal tie formation intentions, and test whether good matches increase the likelihood of initiation of Economic Exchange ties. The novel research design using data from business cards of new people met by a panel of Indian entrepreneurs reveals effects of matching and suggests that while entrepreneurs intentionally pursue valuable connections they may be only partially accurate in their assessment of value.
Yongxiang Wang - One of the best experts on this subject based on the ideXlab platform.
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nationalism and Economic Exchange evidence from shocks to sino japanese relations
Review of Financial Studies, 2014Co-Authors: Raymond Fisman, Yasushi Hamao, Yongxiang WangAbstract:We study the impact of nationalism and interstate frictions on international Economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric effect is observed for Chinese companies with high Japanese exposure. The effect on Japanese companies is more pronounced for those operating in industries dominated by Chinese state-owned enterprises, whereas firms with high Chinese employment experience lower declines. These results emphasize the role of countries' Economic and political institutions in mediating the impact of interstate frictions on firm-level outcomes.
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nationalism and Economic Exchange evidence from shocks to sino japanese relations
National Bureau of Economic Research, 2014Co-Authors: Raymond Fisman, Yasushi Hamao, Yongxiang WangAbstract:We study the impact of nationalism and interstate frictions on international Economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric effect is observed for Chinese companies with high Japanese exposure. The effect on Japanese companies is more pronounced for those operating in industries dominated by Chinese state-owned enterprises, while firms with high Chinese employment experience lower declines. These results emphasize the role of countries' Economic and political institutions in mediating the impact of interstate frictions on firm-level outcomes.
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nationalism and Economic Exchange evidence from shocks to sino japanese relations
Social Science Research Network, 2013Co-Authors: Raymond Fisman, Yasushi Hamao, Yongxiang WangAbstract:We study the impact of nationalism and interstate frictions on international Economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric effect is observed for Chinese companies with high Japanese exposure. The effect on Japanese companies is more pronounced for those operating in industries dominated by Chinese state-owned enterprises, while firms with high Chinese employment experience lower declines. These results emphasize the role of countries' Economic and political institutions in mediating the impact of interstate frictions on firm-level outcomes.Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org.
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the impact of cultural aversion on Economic Exchange evidence from shocks to sino japanese relations
2013Co-Authors: Raymond Fisman, Yasushi Hamao, Yongxiang WangAbstract:We study the impact of cultural aversion on international Economic relations by analyzing market reaction to two major adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure decline disproportionately during each event window; Chinese companies with high Japanese exports similarly suffer relative declines. The effect on Japanese companies is concentrated in industries dominated by Chinese state-owned enterprises, where there is greater incentive and ability to intervene, while the negative impact on Chinese firms is primarily for consumer-focused companies. Our results suggest an important impact of cultural frictions on Economic relations, and highlight that institutional context is important for understanding the mechanisms underlying this effect.
Stephen L Vargo - One of the best experts on this subject based on the ideXlab platform.
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service dominant logic premises perspectives possibilities
2014Co-Authors: Robert F Lusch, Stephen L VargoAbstract:In 2004, Robert F. Lusch and Stephen L. Vargo published their groundbreaking article on the evolution of marketing theory and practice toward 'service-dominant (S-D) logic', describing the shift from a product-centred view of markets to a service-led model. Now, in this keenly anticipated book, the authors present a thorough primer on the principles and applications of S-D logic. They describe a clear alternative to the dominant worldview of the heavily planned, production-oriented, profit-maximizing firm, presenting a coherent, organizing framework based on ten foundational premises. The foundational premises of S-D logic have much wider implications beyond marketing for the future of the firm, transcending different industries and contexts, and will provide readers with a deeper sense of why the Exchange of service is the fundamental basis of all social and Economic Exchange. This accessible book will appeal to students, as well as to researchers and practitioners.
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toward a service eco systems perspective on value creation
International Journal of Service Science Management Engineering and Technology, 2012Co-Authors: Heiko Wieland, Francesco Polese, Stephen L Vargo, Robert F LuschAbstract:This article discusses how the core concepts of service-dominant logic — service-for-service Exchange, value co-creation, value propositions, resource integration, and highly collaborative relationships — point to a generic actor conceptualization in which all actors engaged in Exchange (e.g., firms, customers, etc.) are viewed as service providing, value-creating enterprises. In other words, all social and Economic actors are essentially doing the same thing: creating value for themselves and others through reciprocal resource integration and service provision. The authors suggest that this generic actor-to-actor (A2A) orientation, in turn, points toward the dynamic and systemic nature of social and Economic Exchange. To account for the complexity, indeterminacy, and viability of these dynamic systems, they highlight the importance of general systems theory, complexity theory, and the viable systems approach and propose that cross-disciplinary scholarly efforts are necessary in order to develop models and frameworks that can simplify the complexity of social and Economic Exchange in meaningful ways and ultimately inform practice and public policy.
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service dominant logic as a foundation for service science clarifications
Service science, 2009Co-Authors: Stephen L Vargo, Melissa Archpru AkakaAbstract:Service science is an emerging discipline concerned with the evolution, interaction, and reciprocal cocreation of value among service systems (Maglio and Spohrer [Maglio, P. P., J. Spohrer. 2008. Fundamentals of Service Science. Journal of the Academy of Marketing Science 36(1) 18–20.]; Spohrer et al. [Spohrer, J., S. Vargo, N. Caswell, P. Maglio. 2008. The Service System is the Basic Abstraction of Service Science. 41st Annual HICSS Conference Proceedings.]). Service-dominant (S-D) logic (Vargo and Lusch [Vargo, S., R. F. Lusch. 2004a. Evolving to a New Dominant Logic for Marketing. Journal of Marketing 68(1) 1–17.] [Vargo, S., R. F. Lusch. 2008. Service-Dominant Logic: Continuing the Evolution. Journal of the Academy of Marketing Science 36(1) 1–10.]) is an alternative to the traditional, goods-dominant (G-D) paradigm for understanding Economic Exchange and value creation. This service-centered view is based on the idea that service – the application of competences for the benefit of another – is the ba...
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on a theory of markets and marketing from positively normative to normatively positive
Australasian Marketing Journal (amj), 2007Co-Authors: Stephen L VargoAbstract:Abstract Marketing science is built on a foundation of Economic science, which in turn is founded on Adam Smith's normative notions of how to create national wealth in the context of industrialization, rather than on a positive theory of Economic Exchange. This paper explores the formation of Economic theory, discuss its role as a foundation for marketing theory, suggest the need for a positive theory of the market that is relatively independent of Economic theory, and point towards a possible path for its development.
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the four service marketing myths remnants of a goods based manufacturing model
Journal of Service Research, 2004Co-Authors: Stephen L Vargo, Robert F LuschAbstract:Marketing was originally built on a goods-centered, manufacturing-based model of Economic Exchange developed during the Industrial Revolution. Since its beginning, marketing has been broadening its perspective to include the Exchange of more than manufactured goods. The subdiscipline of service marketing has emerged to address much of this broadened perspective, but it is built on the same goods and manufacturing-based model. The influence of this model is evident in the prototypical characteristics that have been identified as distinguishing services from goods—intangibility, inseparability, heterogeneity, and perishability. The authors argue that these characteristics (a) do not distinguish services from goods, (b) only have meaning from a manufacturing perspective, and (c) imply inappropriate normative strategies. They suggest that advances made by service scholars can provide a foundation for a more service-dominant view of all Exchange from which more appropriate normative strategies can be developed...
Robert F Lusch - One of the best experts on this subject based on the ideXlab platform.
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service dominant logic premises perspectives possibilities
2014Co-Authors: Robert F Lusch, Stephen L VargoAbstract:In 2004, Robert F. Lusch and Stephen L. Vargo published their groundbreaking article on the evolution of marketing theory and practice toward 'service-dominant (S-D) logic', describing the shift from a product-centred view of markets to a service-led model. Now, in this keenly anticipated book, the authors present a thorough primer on the principles and applications of S-D logic. They describe a clear alternative to the dominant worldview of the heavily planned, production-oriented, profit-maximizing firm, presenting a coherent, organizing framework based on ten foundational premises. The foundational premises of S-D logic have much wider implications beyond marketing for the future of the firm, transcending different industries and contexts, and will provide readers with a deeper sense of why the Exchange of service is the fundamental basis of all social and Economic Exchange. This accessible book will appeal to students, as well as to researchers and practitioners.
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toward a service eco systems perspective on value creation
International Journal of Service Science Management Engineering and Technology, 2012Co-Authors: Heiko Wieland, Francesco Polese, Stephen L Vargo, Robert F LuschAbstract:This article discusses how the core concepts of service-dominant logic — service-for-service Exchange, value co-creation, value propositions, resource integration, and highly collaborative relationships — point to a generic actor conceptualization in which all actors engaged in Exchange (e.g., firms, customers, etc.) are viewed as service providing, value-creating enterprises. In other words, all social and Economic actors are essentially doing the same thing: creating value for themselves and others through reciprocal resource integration and service provision. The authors suggest that this generic actor-to-actor (A2A) orientation, in turn, points toward the dynamic and systemic nature of social and Economic Exchange. To account for the complexity, indeterminacy, and viability of these dynamic systems, they highlight the importance of general systems theory, complexity theory, and the viable systems approach and propose that cross-disciplinary scholarly efforts are necessary in order to develop models and frameworks that can simplify the complexity of social and Economic Exchange in meaningful ways and ultimately inform practice and public policy.
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the four service marketing myths remnants of a goods based manufacturing model
Journal of Service Research, 2004Co-Authors: Stephen L Vargo, Robert F LuschAbstract:Marketing was originally built on a goods-centered, manufacturing-based model of Economic Exchange developed during the Industrial Revolution. Since its beginning, marketing has been broadening its perspective to include the Exchange of more than manufactured goods. The subdiscipline of service marketing has emerged to address much of this broadened perspective, but it is built on the same goods and manufacturing-based model. The influence of this model is evident in the prototypical characteristics that have been identified as distinguishing services from goods—intangibility, inseparability, heterogeneity, and perishability. The authors argue that these characteristics (a) do not distinguish services from goods, (b) only have meaning from a manufacturing perspective, and (c) imply inappropriate normative strategies. They suggest that advances made by service scholars can provide a foundation for a more service-dominant view of all Exchange from which more appropriate normative strategies can be developed...
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evolving to a new dominant logic for marketing
Journal of Marketing, 2004Co-Authors: Stephen L Vargo, Robert F LuschAbstract:Marketing inherited a model of Exchange from Economics, which had a dominant logic based on the Exchange of “goods,” which usually are manufactured output. The dominant logic focused on tangible resources, embedded value, and transactions. Over the past several decades, new perspectives have emerged that have a revised logic focused on intangible resources, the cocreation of value, and relationships. The authors believe that the new perspectives are converging to form a new dominant logic for marketing, one in which service provision rather than goods is fundamental to Economic Exchange. The authors explore this evolving logic and the corresponding shift in perspective for marketing scholars, marketing practitioners, and marketing educators.
