Post by arfankj4 on Mar 5, 2024 9:20:02 GMT 4
Business theorists have long pursued this question in an effort to determine the best and most efficient organizational form for a business. There has been a lot of fascinating and important literature on this topic says Beshears Harvard Business School assistant professor but for the most part it doesn t get beyond anecdotal evidence.
That s because it can be extremely difficult to compare solo firms and alliances head to head in a meaningful way which requires measuring their performance in similar situations. When you see an alliance over here and a solo firm over there there s a good reason for that says Beshears. That s because the alliance is probabl Poland Mobile Number List particularly good for the investment projects it is pursuing and the solo firm is probably particularly good for its projects. But just because a firm decides to form an alliance in one case and not in another doesn t mean it s making the most efficient choice says Beshears an empirical researcher who has been interested in this age old question since graduate school.around for some kind of hard data that would allow him to make an apples to apples comparison of which form was better—and under what circumstances an alliance might make more sense than operating solo. He found it in a unique set of data leases for oil and gas drilling in the Gulf of Mexico. Firms competing to drill in the region have historically bid on acre tracts submitting sealed bids with lease rights awarded to the highest bidder.
I stumbled across this data set which other people had been using to look at auction bidding behavior says Beshears. When I saw it I realized that it was a wonderful place to go beyond the anecdotal evidence to look at organizational performance. That s because firms bid for contracts both as single entities and in alliances with other firms. By looking at cases in which a solo firm narrowly outbid an alliance—or vice versa—Beshears could be confident he was looking at situations in which both types of business organizations were developing comparable tracts.
That s because it can be extremely difficult to compare solo firms and alliances head to head in a meaningful way which requires measuring their performance in similar situations. When you see an alliance over here and a solo firm over there there s a good reason for that says Beshears. That s because the alliance is probabl Poland Mobile Number List particularly good for the investment projects it is pursuing and the solo firm is probably particularly good for its projects. But just because a firm decides to form an alliance in one case and not in another doesn t mean it s making the most efficient choice says Beshears an empirical researcher who has been interested in this age old question since graduate school.around for some kind of hard data that would allow him to make an apples to apples comparison of which form was better—and under what circumstances an alliance might make more sense than operating solo. He found it in a unique set of data leases for oil and gas drilling in the Gulf of Mexico. Firms competing to drill in the region have historically bid on acre tracts submitting sealed bids with lease rights awarded to the highest bidder.
I stumbled across this data set which other people had been using to look at auction bidding behavior says Beshears. When I saw it I realized that it was a wonderful place to go beyond the anecdotal evidence to look at organizational performance. That s because firms bid for contracts both as single entities and in alliances with other firms. By looking at cases in which a solo firm narrowly outbid an alliance—or vice versa—Beshears could be confident he was looking at situations in which both types of business organizations were developing comparable tracts.
