TL;DR: In this paper, the authors used market relations between a large population of corporations and investment banks to study the organization-market interforce-the pattern of direct market ties between a firm and its banks.
Abstract: Data on market relations between a large population of corporations and investment banks are used to study the organization-market interforce-the pattern of direct market ties between a firm and its banks. Forms of interfaces range from a long-term, exclusive tie (the relationship interface) to many short-lived, episodic ties (the transaction interface), with hybrid forms between the two poles. Contrary to widespread belief, the article finds that strong relationships still exist. Transactions interfaces are rare. Most firms use hybrid interfaces. A firm's interface is conceptualized as the intentional result of its efforts to reduce dependence and exploit power advantages. Observed interfaces are shown to be related systematically to various power-dependence concepts, including resource intensity (number of transactions and dollar amounts raised), criticality (the availability of resource alternatives), power asymmetry between a firm and its main bank, organization size, standardization of exchange, and ...
TL;DR: This article examined the relationship between resource abundance and several indicators of human welfare and found that, given an initial income level, resource-intensive countries tend to suffer lower levels of human development.
TL;DR: The authors presented the results from a landmark study on historical trends in Australian mining, including ore milled, ore grades, open cut versus underground mining, overburden/waste rock and economic resources.
TL;DR: In this article, the authors show empirically that the choice of resource allocation strategy affects innovation performance and find that the performance benefit of breadth is higher for firms that allocate resources selectively at later stages of the innovation process.
Abstract: Our study demonstrates empirically that the choice of resource allocation strategy affects innovation performance. Allocating resources to a broader range of innovation projects increases new product sales, an effect that appears to outweigh that of resource intensity. In addition, we find that the performance benefit of breadth is higher for firms that allocate resources selectively at later stages of the innovation process. This breadth-selectiveness effect is greatest for firms intending to create relatively more novel products, departing further from their knowledge base. Based on these results, we theorize that breadth increases performance because it spreads firms' bets on unproven innovative endeavors. Limiting resource commitments by selecting out deteriorating projects prevents an escalation in the costs of breadth. This advantage increases with the uncertainty implicit in greater innovative intent. The paper thus contributes to theory of how resource allocation strategies influence performance outcomes of innovation project portfolios.
TL;DR: In this paper, the authors link data sets on historic gold mining production trends with emerging sustainability reporting to estimate resource intensity, demonstrating the sensitivity of ore grade for gold production and sustainability.