Business Administration, Management, and Operations | Open Access Articles

A Stochastic Walk Along Mexico's Mesoamerican Frontier, Gregory Brock, Constantin Ogloblin

Department of Economics Faculty Presentations

No abstract provided.

Exploring Best Practice Skills To Predict Uncertainties In Venture Capital Investment Decision-Making, David Arthur Blum

Presidential Alumni Research Dissemination Award

Algae biodiesel is the sole sustainable and abundant transportation fuel source that can replace petrol diesel use; however, high competition and economic uncertainties exist, influencing independent venture capital decision making. Technology, market, management, and government action uncertainties influence competition and economic uncertainties in the venture capital industry. The purpose of this qualitative case study was to identify the best practice skills at IVC firms to predict uncertainty between early and late funding stages. The basis of the study was real options theory, a framework used to evaluate and understand the economic and competition uncertainties inherent in natural resource investment and …

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Labor Mobility And Hypercompetition: Another Challenge To Sustained Competitive Advantages?, Jeffrey E. Stambaugh, Yongjing Zhang, Timothy Degroot

Business Faculty Publications

Researchers have suggested globalization, technological advances, and the rise of entrepreneurship have ushered in a new era of hypercompetition where competitive advantages are hard to attain and sustain. In this paper we propose another source of hypercompetition—a sudden increase in labor mobility within an industry—by drawing on the resource-based view of what leads to a sustainable competitive advantage. Using data from the National Football League, which had a substantial change in the player mobility in 1993, we use the two-sample Kolmogorov-Smirnov test to stratify teams according to their demonstrated level of competitive (dis)advantage based on their on-field performance. We found …