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.