Management Insights, a regular feature of the journal, is a digest of important research in business, management, operations research, and management science. It appears in every issue of the monthly journal.
“Size Really Matters – New Insights for Start-Ups’ Survival” is by Ornit Raz and Peter A. Gloor of MIT’s Sloan School of Management.
The authors found that firms whose managers have more social relationships with peers at other software start-ups have a better chance of surviving external shocks, such as the burst of the dot-com bubble earlier in the decade. This result suggests that cultivation of strong and relevant social networks among a firm’s managers can be an important determinant of the success of a startup venture.
The research is based on a multi-year study of 100 software start-ups in Israel. Original data was collected from start-ups during the dot-com economic growth. Eight years later, the authors examined new information about the ability to survive the bubble’s burst.
The findings suggest that small-firm survivors talk not among themselves but prefer to talk to larger firms. In addition, larger non-survivors talk too much among themselves. The authors observed grouping by communication networks into a group of larger survivors and larger non-survivors. They determined that informal grouping in a “club of winners” and a “club of losers” is done well before the winners and the losers are known. These results may lend themselves to predict future winners.
The current issue of Management Insights is available at http://mansci.journal.informs.org/cgi/reprint/53/2/iv. The full papers associated with the Insights are available to Management Science subscribers. Individual papers can be purchased at http://institutions.informs.org. Additional issues of Management Insights can be accessed at http://mansci.pubs.informs.org/.
The Insights in the current issue are:
· Modularity and the Impact of Buyer–Supplier Relationships on the Survival of Suppliers by Glenn Hoetker, Anand Swaminathan, Will Mitchell
· Strategic Technology Choice and Capacity Investment Under Demand Uncertainty by Manu Goyal, Serguei Netessine
· Strategic ITInvestments: The Impact of Switching Cost and Declining ITCost by Didem Dermirhan, Varghese S. Jacob, Srinivasan Raghunathan
· Asymmetric Consumer Learning and Inventory Competition by Vishal Gaur, Young-Hoon Park
· Outsourcing via Service Quality Competition by Saif Benjaafar, Ehsan Elahi, Karen L. Donohue
· Testing a Life-Cycle Theory of Cooperative Interorganizational Relationships: Movement Across Stages and Performance by Sandy D. Jap, Erin Anderson
· Dynamic Assortment with Demand Learning for Seasonal Consumer Goods by Felipe Caro, Jérémie Gallien
· Coordinated Replenishment Strategies in Inventory/Distribution Systems by Mustafa Çagri Gürbüz, Kamran Moinzadeh,Yong-Pin Zhou
· Bias and Variance Approximation in Value Function Estimates by Shie Mannor, Duncan Simester, Peng Sun, John N. Tsitsiklis
· An Extreme Value Approach to Estimating Interest–Rate Volatility: Pricing Implications for Interest-Rate Options by Turan G. Bali
· Capturing Flexible, Heterogeneous Utility Curves:A Bayesian Spline Approach by Jin Gyo Kim, Ulrich Menzefricke, Fred M. Feinberg
INFORMS journals are strongly cited in Journal Citation Reports, an industry source. In the JCR subject category “operations research and management science,” Management Science ranked in the top 10 along with two other INFORMS journals.
The special MBA issue published by Business Week includes Management Science and two other INFORMS journals in its list of 20 top academic journals that are used to evaluate business school programs. Financial Times includes Management Science and four other INFORMS journals in its list of academic journals used to evaluate MBA programs.
The Institute for Operations Research and the Management Sciences (INFORMS®) is an international scientific society with 10,000 members, including Nobel Prize laureates, dedicated to applying scientific methods to help improve decision-making, management, and operations. Members of INFORMS work in business, government, and academia. They are represented in fields as diverse as airlines, health care, law enforcement, the military, financial engineering, and telecommunications.
Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)
Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO
University of Maryland researchers contribute to historic detection of gravitational waves and light created by event
On August 17, 2017, at 12:41:04 UTC, scientists made the first direct observation of a merger between two neutron stars--the dense, collapsed cores that remain...
Seven new papers describe the first-ever detection of light from a gravitational wave source. The event, caused by two neutron stars colliding and merging together, was dubbed GW170817 because it sent ripples through space-time that reached Earth on 2017 August 17. Around the world, hundreds of excited astronomers mobilized quickly and were able to observe the event using numerous telescopes, providing a wealth of new data.
Previous detections of gravitational waves have all involved the merger of two black holes, a feat that won the 2017 Nobel Prize in Physics earlier this month....
Material defects in end products can quickly result in failures in many areas of industry, and have a massive impact on the safe use of their products. This is why, in the field of quality assurance, intelligent, nondestructive sensor systems play a key role. They allow testing components and parts in a rapid and cost-efficient manner without destroying the actual product or changing its surface. Experts from the Fraunhofer IZFP in Saarbrücken will be presenting two exhibits at the Blechexpo in Stuttgart from 7–10 November 2017 that allow fast, reliable, and automated characterization of materials and detection of defects (Hall 5, Booth 5306).
When quality testing uses time-consuming destructive test methods, it can result in enormous costs due to damaging or destroying the products. And given that...
Using a new cooling technique MPQ scientists succeed at observing collisions in a dense beam of cold and slow dipolar molecules.
How do chemical reactions proceed at extremely low temperatures? The answer requires the investigation of molecular samples that are cold, dense, and slow at...
Scientists from the Max Planck Institute of Quantum Optics, using high precision laser spectroscopy of atomic hydrogen, confirm the surprisingly small value of the proton radius determined from muonic hydrogen.
It was one of the breakthroughs of the year 2010: Laser spectroscopy of muonic hydrogen resulted in a value for the proton charge radius that was significantly...
17.10.2017 | Event News
10.10.2017 | Event News
10.10.2017 | Event News
18.10.2017 | Physics and Astronomy
18.10.2017 | Physics and Astronomy
18.10.2017 | Life Sciences