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Dear Colleagues,
We are delighted to invite you to:
SMS 2016 BOLZANO EXTENSION ON "OUTLIERS - HOW SMALL DIFFERENCES MOVE THE WORLD."
Wednesday, September 21, 2016 – 2 pm to September 22, 1 pm.
Free University of Bozen-Bolzano, piazza Università, 1; I–39100 Bozen-Bolzano
Organizers:
Christian Lechner, Kurt Matzler, and Michael Nippa Free University of Bozen-Bolzano.
Panelists:
Pierpaolo Andriani, Kedge Business School, France; Paolo Aversa, City University, London, Uk; Christopher Crawford, University of Ohio, USA; Simone Ferriani, University of Bologna, Italy; Christian Lechner, Free University of Bolzano, Italy; Gianni Lorenzoni, University of Bologna, Italy;
Kurt Matzler, Free University of Bolzano, Italy; Bill McKelvey, UCLA, USA; Michael Nippa, Free University of Bolzano, Italy.
The Bolzano extension will be held the day after the main SMS conference, at Free University of Bolzano. Bolzano can be reached through the airports of Munich, Innsbruck, Verona, Bergamo, Milan and Venice with further travel by train or car. Given our location as a gateway from Germany and Austria to Italy and our proximity to Milano, you may consider to attend the SMS extension on „Experimental Designs" (http://strategicmanagement.net/berlin/extensions/milan) hosted by Nicolai Foss, Torben Pedersen, and Maurizio Zollo at Bocconi on Friday 23rd, too, before heading home. The scheduling of both SMS extensions is absolutely complementary.
Overview
The idea of competitive advantage considers a few firms as emerging winners in competitive dynamics through –for instance– implementing a unique generic strategy based on a unique activity system or through superior management of superior resources. Similarly, entrepreneurial strategies predominantly deal with firms that have at least some growth potential. However, fast growing firms are only a fraction of all firms, of these only a small fraction is financed by venture capital firms. Those few that reach exceptional market valuations are called unicorns. Consequently, frequently the subject of entrepreneurship and strategic management are exceptions from the rule: they are outliers.
For strategy, these outliers are interesting subjects. They constitute new, often efficient solutions outside the norm, are a source of high creativity, tread new ways of addressing problems or develop an idiosyncratic approach to a common problem. Research on strategic periphery suggests that exceptionally creative solutions are frequently born by peripheral players in industries (or coming from different industries). Being in the periphery of an industry means also to start from a disadvantaged position, a field of research that can be extended to more general phenomena, too.
While outliers appear to capture over-proportionally rents or power in different social settings, literature on tipping points as well as change management seem to suggest that small differences lead to over-proportional different outcomes.
Hence, the objective of the conference extension in Bolzano is to bring together scholars that are interested in and may report on research or research opportunities of uncommon success and how to deal with them from a methodological point of view.
Panel 1: Outliers, Power Laws and Star Effects: Importance for Research in Strategic Management.
This panel will focus on the existence of outliers, methodological implications and future research agenda concerning the study of outliers by addressing questions related to power law distributions. In addition, starting from research on star effects and configurational approaches, the panel will explore how small changes or differences can lead to over-proportional different outcomes challenging again the view of linearity between input and output common to most approaches in strategic management theory.
Panel 2: Strategic Peripheries and its Impact on Creativity, Innovation and Firm Competitiveness.
In a world of distributed knowledge, the position of central firms is largely dependent on providers of complementary resources and services. The more distributed the productive system, the more knowledge will be held in the periphery making the periphery a place for creativity and innovation. This panel will highlight findings about strategic peripheries from manufacturing and service industries and its impact on industry dynamics and leading industry firms.
If you are fascinated by the topic and would like to build networks and/or explore research opportunities the trip to Bolzano will be worthwhile.
Register at: http://strategicmanagement.net/berlin/extensions/bolzano
If you have any questions please contact us.
Christian Lechner
Free University of Bozen-Bolzano
Faculty of Economics and Management
Universitätsplatz 1 - piazza Università, 1
38100 Bozen-Bolzano
Phone: +39 331 674 2993
christian.lechner@unibz.it
Faculty of Economics and Management
Freie Universität Bozen – Libera Università di Bolzano
Universitätsplatz 1 Piazza Università
I-39100 Bozen-Bolzano
Tel.: +39 0471 013000
Fax: +39 0471 013009
E-Mail: schoolofeconomics@unibz.it
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