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| 001 | 662745 | ||
| 005 | 20231030041831.0 | ||
| 035 | _a(RuTPU)RU\TPU\network\33901 | ||
| 035 | _aRU\TPU\network\33898 | ||
| 090 | _a662745 | ||
| 100 | _a20201002a2018 k y0engy50 ba | ||
| 101 | 0 | _aeng | |
| 102 | _aNL | ||
| 135 | _adrnn ---uucaa | ||
| 181 | 0 | _ai | |
| 182 | 0 | _ab | |
| 200 | 1 |
_aWhen the fog dissipates: The choice between value creation and value appropriation in a partner as a function of information asymmetry _fT. Morgan, S. A. Anokhin, J. Wincent |
|
| 203 |
_aText _celectronic |
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| 300 | _aTitle screen | ||
| 330 | _aThis paper investigates preferences for strategic emphasis in large corporation–small firm relationships and explores how information asymmetry may moderate these preferences. Our findings suggest that information asymmetry plays a crucial role in the development of an equity partnership between large public corporations and small, privately owned, growth-oriented firms. We study 233 instances of equity partnering between large corporations and small firms to investigate the contingency effect of information asymmetry on small firms' choice of equity partner. Our results indicate that when information asymmetry between the partners is low, small firms choose partners with a strategic emphasis on value creation. Conversely, when information asymmetry is high, small firms tend to choose corporate partners that emphasize value appropriation. This finding suggests that information asymmetry makes small firms wary of entering into equity partnerships and makes them unwilling to partner with corporations that potentially have the most to offer in terms of technological expertise. | ||
| 333 | _aДоступ по договору с организацией-держателем ресурса | ||
| 461 | _tJournal of Business Research | ||
| 463 |
_tVol. 88 _v[P. 498-504] _d2018 |
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| 610 | 1 | _aэлектронный ресурс | |
| 610 | 1 | _aтруды учёных ТПУ | |
| 610 | 1 | _ainformation asymmetry | |
| 610 | 1 | _astrategic emphasis | |
| 610 | 1 | _aequity partnerships | |
| 610 | 1 | _avalue creation | |
| 610 | 1 | _avalue appropriation | |
| 610 | 1 | _aинформационная асимметрия | |
| 610 | 1 | _aстратегические альянсы | |
| 610 | 1 | _aакционерные общества | |
| 610 | 1 | _aстоимость | |
| 700 | 1 |
_aMorgan _bT. _gTodd |
|
| 701 | 1 |
_aAnokhin _bS. A. _ceconomist _cProfessor of Tomsk Polytechnic University, Ph.D _f1977- _gSergey Aleksandrovich _2stltpush _3(RuTPU)RU\TPU\pers\46495 |
|
| 701 | 1 |
_aWincent _bJ. _gJoakim |
|
| 712 | 0 | 2 |
_aНациональный исследовательский Томский политехнический университет _bШкола инженерного предпринимательства _c(2017- ) _h7949 _2stltpush _3(RuTPU)RU\TPU\col\23544 |
| 801 | 2 |
_aRU _b63413507 _c20201002 _gRCR |
|
| 856 | 4 | _uhttps://doi.org/10.1016/j.jbusres.2017.11.032 | |
| 942 | _cCF | ||