Joanne E. Oxley

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This study builds on developments in transaction cost economics to examine how institutional environment and transaction (project) characteristics affect governance of inter-firm alliances. The focus is on the choice between equity and contractual alliance forms under differing regimes of intellectual property protection and other national institutional(More)
Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Abstract We explore the impact of geographically bounded intra-firm spillovers (internal agglomeration economies) and(More)
Most prior event studies find that the announcement of a new alliance is accompanied by a positive stock market response for the partners. This result has usually been interpreted as evidence for the prevailing view that alliances are effective vehicles for partners to acquire or access new skills and thus become stronger competitors. However, partners(More)
W e examine how partners in vertical exchange relationships actually resolve disputes that are sufficiently serious to get lawyers involved. Reaching beyond the usual domain of organizational and management research, we leverage findings from law and economics to offer a novel organizational perspective on litigation and private dispute resolution, and we(More)
We develop the knowledge flow production function (KFPF) as a flexible tool for modeling access to knowledge by individuals and economies. We focus on how knowledge flows are affected by the spatial and ethnic proximity of inventors, paying particular attention to how the two forms of proximity interact. In the context of three simple models, we show how(More)
Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Abstract Learning processes lie at the heart of our understanding of how firms build capabilities to generate and sustain(More)
In this paper we explore the impact of relational history on firms' willingness to " work things out " in subsequent agreements, by examining the way that contract disputes between partners in vertical exchange relationships are actually resolved. Counter to the received wisdom we find no evidence of an automatic preference for private dispute resolution(More)
This paper examines the relationship between ownership, corporate form, and innovation for a cross-section of private and publicly traded innovating …rms in the US and 15 European countries. A novel observation emerges from our analysis: while most innovating …rms in the US are publicly traded conglomerates, a substantial fraction of innovation is(More)