00665nas a2200157   4500008004100000245011700041210006900158260002200227653003200249100002200281700001800303700001600321700002000337700001600357856013400373       2017                        eng d00aThe Impact of Bankruptcy on Competitors: How Technology Overlap and Diversification Affect Value Redistribution.0 aImpact of Bankruptcy on Competitors How Technology Overlap and D  aAtlanta, GAc201710aStrategy & Entrepreneurship1 aArthurs, Jonathan1 aCho, Sam, Yul1 aChoi, Yohan1 aHemmatian, Iman1 aJoshi, Amol  uhttps://dev.business.oregonstate.edu/biblio/impact-bankruptcy-competitors-how-technology-overlap-and-diversification-affect-value01580nas a2200169   4500008004100000245010200041210006900143260000900212520092600221653003201147100002201179700001801201700001601219700002001235700001601255856013901271       2017                        eng d00aImpact of Bankruptcy on Rivals: How Tech Overlap and Diversification Affects Value Redistribution0 aImpact of Bankruptcy on Rivals How Tech Overlap and Diversificat  c20173 aPrior research on bankruptcy proposes two potential outcomes for a bankrupt firm’s industry rivals: a contagion effect wherein rivals’ stock prices decline, and a competitive effect wherein rivals benefit from a competitor’s decline. Although empirical evidence substantiates the contagion effect, existing studies do not consistently account for the competitive effect. We develop and test theory explaining how the degree of technology overlap and diversification strategy of competitors influences the severity of the contagion effect and the expected occurrence of the competitive effect among rivals. We find that greater technology overlap among a bankrupt firm and its competitors exacerbates the contagion effect. Furthermore, competitors with higher unrelated diversification are more susceptible to contagion, while competitors with higher related diversification benefit more from a rival’s bankruptcy.10aStrategy & Entrepreneurship1 aArthurs, Jonathan1 aCho, Sam, Yul1 aChoi, Yohan1 aHemmatian, Iman1 aJoshi, Amol  uhttps://dev.business.oregonstate.edu/biblio/impact-bankruptcy-rivals-how-tech-overlap-and-diversification-affects-value-redistribution00846nas a2200133   4500008004100000245002200041210002200063260002100085300000600106520048600112653003200598100001600630856006600646       2014                        eng d00aInnovation Policy0 aInnovation Policy  aLondon, UKc2014  a53 aThis entry outlines the concept of innovation policy in the domain of strategic management. First, an overview of the history, goals and underlying principles of innovation policy is presented. Next, the primary functions and possible means of implementing innovation policy are described with an emphasis on theoretical foundations. Finally, the evaluation of innovation policy outcomes, including the intended and unintended consequences of policy changes, are briefly discussed.10aStrategy & Entrepreneurship1 aJoshi, Amol  uhttps://dev.business.oregonstate.edu/biblio/innovation-policy01469nas a2200133   4500008004100000245007500041210006900116260000900185520095700194653003201151100001601183700002001199856011601219       2012                        eng d00aInformation Asymmetry and Partner Selection in International Alliances0 aInformation Asymmetry and Partner Selection in International All  c20123 aWe extend prior research on intra-firm language barriers by investigating inter-firm language barriers in cross-border alliances. Integrating concepts from sociolinguistics and information economics, we posit that language barriers between potential partners exacerbate information asymmetries, while market signals of the commercial value of a partner’s knowledge counteract these asymmetries. To test these ideas, we quantify language barriers using a distance measure of linguistic differences and we analyze data on semiconductor alliances during 1988-2001. Controlling for cultural, geographical, and technological distances, our empirical results suggest that firms overcome large language distances by relying on market signals of a prospective partner's level of disclosure, stock of knowledge, and degree of specialization. Stronger signals significantly dampen the negative impact of language distance on the chances of forming an alliance.10aStrategy & Entrepreneurship1 aJoshi, Amol1 aLahiri, Nandini  uhttps://dev.business.oregonstate.edu/biblio/information-asymmetry-and-partner-selection-international-alliances