Attenuating the negative effects of network change on innovation: A whole network level analysis of Taiwanese business groups

Business group affiliation and entrepreneurial orientation: Contingent effect of level of internationalization and firm’s performance

“…Hence, we use business group affiliation as the dichotomous variable to separate the firms. However, business groups are structurally not same (Chittoor & Aulakh, 2015) and not all affiliated firms receive similar treatment from the group headquarters (Li & Yayavaram, 2021;Mahmood et al, 2017). A more nuanced research design that incorporates some form of business group heterogeneity (Chari, 2013) into its hypothesized conceptual model is therefore warranted to understand entrepreneurial implication within differing business group structures.…”

“…There is a growing stream of research on the innovation in business group affiliated firms e.g. the substitutive and complementary role of institutions on the effect of business group affiliation on innovation (Wang, Yi, Kafouros, & Yan, 2015), effect of interfirm network governance on innovation management (Li & Yayavaram, 2021), and facilitating role of business group affiliation in producing more innovations (Choi et al, 2011). The key theoretical arguments in these studies are mostly anchored in the institutional voids view.…”

“…We test the hypothesized relationships with the help of a longitudinal data set of 419 Indian business group affiliated and un-affiliated firms from NIFTY 500 index over the fourteen-year period from 2006 to 2019. 1 Our inquiry seeks to make a number of contributions to the business group literature in the context of emerging economy (Li & Yayavaram, 2021;Mukherjee et al, 2018). First, although business groups may be an answer to 'institutional voids' (Khanna & Palepu, 1997;Kim & Song, 2017) and group affiliation may complement institutional transformation (Ramaswamy, Li, & Petitt, 2012), our research suggests that in emerging economies additional agency cost due to business group structure makes entrenchment arguments more dominant.…”

How do business group affiliated firm in emerging markets outperform standalone firms? A knowledge-based view

“…Our study makes the following theoretical contributions to the literature on business group affiliates in emerging markets (Bucheli et al , 2019; Li and Yayavaram, 2021; Purkayastha et al , 2021b). We offer an alternative explanation for the source of competitive advantage for business group-affiliated firms in emerging markets.…”

“…According to this assumption (Alvesson and Sandberg, 2011), group specific capital and labor are readily available to affiliated firms, allowing them to compete with standalone firms and foreign subsidiaries (Mukherjee et al , 2018). Prior studies indicate that business group-affiliated firms use different forms of internal capabilities, such as international experience, reputation and understanding of domestic markets, as well as knowledge and connections with other affiliates, to activate their conventional resources (technology and brand) and facilitate their growth strategy (Chen and Jaw, 2014; Li and Yayavaram, 2021).…”