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.
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More and more automobile companies are focusing on body parts made of carbon fiber reinforced plastics (CFRP). However, manufacturing and repair costs must be further reduced in order to make CFRP more economical in use. Together with the Volkswagen AG and five other partners in the project HolQueSt 3D, the Laser Zentrum Hannover e.V. (LZH) has developed laser processes for the automatic trimming, drilling and repair of three-dimensional components.
Automated manufacturing processes are the basis for ultimately establishing the series production of CFRP components. In the project HolQueSt 3D, the LZH has...
Reflecting the structure of composites found in nature and the ancient world, researchers at the University of Illinois at Urbana-Champaign have synthesized thin carbon nanotube (CNT) textiles that exhibit both high electrical conductivity and a level of toughness that is about fifty times higher than copper films, currently used in electronics.
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The nearby, giant radio galaxy M87 hosts a supermassive black hole (BH) and is well-known for its bright jet dominating the spectrum over ten orders of magnitude in frequency. Due to its proximity, jet prominence, and the large black hole mass, M87 is the best laboratory for investigating the formation, acceleration, and collimation of relativistic jets. A research team led by Silke Britzen from the Max Planck Institute for Radio Astronomy in Bonn, Germany, has found strong indication for turbulent processes connecting the accretion disk and the jet of that galaxy providing insights into the longstanding problem of the origin of astrophysical jets.
Supermassive black holes form some of the most enigmatic phenomena in astrophysics. Their enormous energy output is supposed to be generated by the...
The probability to find a certain number of photons inside a laser pulse usually corresponds to a classical distribution of independent events, the so-called...
Microprocessors based on atomically thin materials hold the promise of the evolution of traditional processors as well as new applications in the field of flexible electronics. Now, a TU Wien research team led by Thomas Müller has made a breakthrough in this field as part of an ongoing research project.
Two-dimensional materials, or 2D materials for short, are extremely versatile, although – or often more precisely because – they are made up of just one or a...
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