Siniora Food Industries of Palestine was facing a strategic dilemma. They had sold packaged meats for over 100 years in a challenging and risky environment. Siniora had carved a path of growth, expansion, and development, showcasing the power of endurance. Initially sold by local shopkeepers,...

We consider a market in which a platform hosts third-party monopolistic complementors. Users are segmented into single-use and multi-use consumers, and services exhibit network externalities. In the agency model, the presence of multi-use consumers leads complementors to set inefficiently high...

Dynamic capabilities are a major driver of strategic entry into new industries. Building on the dynamic capabilities approach and on strategy literature, I develop a model for strategists' assessment of entry. I examine two specific dynamic capabilities, namely absorptive capacity and new...

How does foreign competition affect incumbent firms’ external growth strategies? We find firms respond to reductions in U.S. import tariffs by opting for alliances over acquisitions. Consistent with alliances being less costly and more flexible, this effect is more pronounced among firms with...