retrun to topIncoming Associate Editor at Journal of Management

posted on Feb 14 2017


Just accepted the incoming Editor David Allen's invitation to join his team as an Associate Editor of the Journal of Management!

Coming full circle more than a decade after having my very first paper published in that journal...

retrun to topNew Article Forthcoming in Journal of Management

posted on Jan 03 2017

New article forthcoming in Journal of Management:

Experiential Learning, Bargaining Power, and Exclusivity in Technology Licensing

Theodore A. Khoury*, Erin G. Pleggenkuhle-Miles**, Jorge Walter***

* Portland State University, **University of Nebraska Omaha, ***The George Washington University

Licensing has become the central form of interfirm technology transfer and commercialization in the market for inventions. However, despite the large representation and growth of this business model, the resolution of key contractual provisions is still regarded as idiosyncratic, and little is known about how experience with prior relationships or bargaining power position affects contract outcomes. In an attempt to further understand how these transactions unfold, we present and test a theoretical framework disentangling experience benefits and transaction costs associated with licensors’ prior involvement in out- versus in-licensing deals and how they affect the important, yet contentious, contractual provision of nonexclusivity. Drawing on transaction cost, experiential learning, and bargaining power theories, we develop new insights explaining when licensors are likely to realize nonexclusive contracts as a function of their prior licensing deals, and when bargaining power moderates the relationships between prior deals and nonexclusivity. Leveraging a 27-year sample of bioscience licensing transactions, this study reveals the dynamic tension between the benefits and transaction costs arising from prior interfirm collaborations, and how a firm’s history of collaborations, alongside its bargaining power position, influences contractual outcomes.

Keywords: transaction costs; bargaining power; technology licensing; interfirm alliances; experiential learning; nonexclusivity; bioscience industry; perspective-taking

For a copy of this article, please contact me directly.

retrun to topMerry Christmas and Happy Holidays!

posted on Dec 21 2016


...from the Walter family!

retrun to topBack to School 2016!

posted on Sep 05 2016


So proud of you guys and all the best for your new school year!

retrun to top2016 Academy of Management Annual Meeting

posted on Aug 09 2016


This year's Academy of Management Annual Meeting took place from August 5-9 in Anaheim, CA, where we presented our paper:

  • "Before they were ties: Predicting the value of brand–new connections," co-authored with Daniel Levin (Rutgers University) & J. Keith Murnighan (Northwestern University),
  • which was also included in the MOC Best Paper Proceedings.

    I further received the Above and Beyond the Call of Duty (ABCD) Award of the Organization and Management Theory Division.

    For more information, check the AOM Website.

    retrun to topEnd of Swim Season 2016

    posted on Aug 01 2016


    So proud of our two swimmers who just finished their 2016 season--Max as the youngest Stingray and Sophia as a 2016 Colonial Swimming League All Star (for Breast Stroke and Individual Medley)!

    retrun to topNew Article Forthcoming in Strategy Science

    posted on Jun 07 2016

    New article conditionally accepted in Strategy Science:

    Formal and informal controls as complements or substitutes? The role of the task environment

    Markus Kreutzer*, Laura B. Cardinal**, Jorge Walter***, & Christoph Lechner****

    * European Business School, **University of South Carolina, ***The George Washington University, **** University of St. Gallen

    The traditional view of control in organizations largely implies an “either-or” substitution logic, as opposed to the complementarity logic implied in the more recent view of control. This study examines whether formal and informal controls complement or substitute each other in their influence on performance outcomes, and whether such an interaction differs for more or less exploratory tasks. Our findings from an analysis of 184 strategic initiative teams in a cross-industry multi-country sample of firms support the complementary view. More specifically, we find support for our hypotheses that the combined use of formal and informal control has a positive impact on the performance of initiative teams, and that this complementary effect is more pronounced when the degree of exploration is lower. Accordingly, our study contributes to the organizational control literature both theoretically—by providing an explicit theoretical rationale for the complementary view—and empirically—by virtue of providing an empirical test of the interactive effects of formal and informal control.

    Keywords: Control theory, informal organizational control, complementarity, strategic initiative teams, degree of exploration

    For a copy of this article, please contact me directly.

    retrun to topSMS Meeting in Rome

    posted on Jun 07 2016


    Just attended the Strategic Management Society Meeting in Rome to plan the upcoming conference in Berlin as an Executive Discoveries Series Coordinator. Thanks to Niko Pelka from SMS for this great opportunity to be involved in putting together the program for an SMS Annual International Conference!

    retrun to topPaper included in AOM Best Paper Proceedings

    posted on Mar 27 2016

    A new research project I'm involved in will be included in the Best Paper Proceedings of the Academy of Management Meeting, this time for the 2016 Meeting in Anaheim, CA:

    Before they were ties: Predicting the value of brand-new connections

    Daniel Z. Levin*, Jorge Walter**, & J. Keith Murnighan***

    * Rutgers University, ** The George Washington University, *** Northwestern University

    The vast majority of research on the value of social or professional relationships has focused on ties that already exist. We ask if it is possible to predict in advance—before people ever meet—which brand-new ties will yield more value in the form of useful work-related knowledge. We examine this question using three perspectives: the resource (actor) perspective, the relational (tie) perspective, and the network (structure) perspective. To test our predictions, we asked 150 executives to reach out for work-related advice from someone they had never met, and to complete a survey of their thoughts and judgments of the other person both before and after making a connection. Controlling for the effects of homophily, we find support for all three perspectives after a connection has been made, i.e., once there is already an existing tie. However, before tie formation—our focus in this paper—we find evidence only for the network perspective, in the form of either bonding or bridging. Our results suggest that the lack of reliable information about strangers—especially their likely relational or resource qualities—makes it difficult to predict which ties will turn out to be more valuable, but that an existing network structure remains a reliable predictor of value, even for brand-new ties.

    Keywords: Social networks, social capital, new ties, tie formation, knowledge transfer, advice seeking

    For a copy of this paper, please contact me directly.

    retrun to topHappy Easter!

    posted on Mar 25 2016


    ...from the Walter family!

    retrun to topOdyssey of the Mind

    posted on Mar 14 2016

    Our team scored 3rd place in their division in this year's Odyssey of the Mind tournament!


    Congratulations to our team! All your hard work over the last few months really paid off!

    retrun to topNominated for Peter B. Vaill Outstanding Doctoral Educator Award

    posted on Mar 09 2016

    I have just received notice from the GWSB Doctoral Student Association that I have been nominated for this year's Peter B. Vaill Outstanding Doctoral Educator Award!


    This represents my fourth nomination in the six years I've been here at GW (including winning this award in 2014). Thanks to our doctoral students for nominating me again!

    retrun to topNew Article Published in MIT Sloan Management Review

    posted on Mar 03 2016

    MIT SMR 2016

    Happy to share that our new article on reconnecting dormant ties has just appeared in MIT Sloan Management Review.

    While our previous research has found that rekindling dormant professional relationships can offer tremendous career benefits to executives, our new study shows that some reconnections are more beneficial than others — and that executives often don’t select the best reconnection choices.

    In particular, reconnecting with long-lost or dormant contacts can be very valuable — both professionally and personally. But choosing from among hundreds of former contacts can be challenging. We find that executives, when left to their own devices, don’t take full advantage of their opportunities to reconnect. And when they do reconnect, they tend to focus on comfort and not on re-connections that might offer the best advice.

    To get the most out of reconnecting, however, you have to seek out former contacts who are likely to engage with you and to provide you with novelty. To achieve more novelty, this may mean going outside your usual comfort zone and reaching out to higher-status people or to people you didn’t know very well to begin with. But these are exactly the kinds of reconnections that can best point you in a new direction, tell you something you don’t already know, and help you make the most of dormant connections in your network.

    Read the full article here.

    retrun to topAve Tucker Fellowship

    posted on Jan 02 2016

    Thrilled to share that I have recently been awarded a two-year Ave Tucker Fellowship at George Washington University's School of Business.

    Named after George Washington University's Board of Trustee member Avram S. Tucker, this fellowship recognizes faculty members who "displayed good teaching performance, as well as recent scholarly productivity, prospects for continued publications in top outlets, and records of research leadership and mentoring of junior scholars."

    Thanks to the Executive Committee for bestowing this great honor on me!

    retrun to topHolidays in Colorado

    posted on Dec 26 2015

    Following an invitation from our friends who are spending their sabbatical in Frisco, CO, we spent the holidays skiing in the Colorado mountains.


    Thanks to Jennifer & Jorge for making this unforgettable trip happen!

    retrun to topMerry Christmas and Happy Holidays

    posted on Dec 17 2015


    ...from the Walter Family!

    retrun to top2015 SMS Annual International Conference

    posted on Oct 05 2015


    This year's Strategic Management Society's Annual International Conference took place in Denver, CO, and Stefan Haefliger and I chaired a Professional Development Workshop titled "Innovation & network strategy junior faculty and paper development workshop."

    For more information, check the SMS Website.

    retrun to top2015 Academy of Management Annual Meeting

    posted on Aug 11 2015


    This year's Academy of Management Annual Meeting took place from August 7-11 in Vancouver, BC, where I presented our paper:

  • "Antecedents and outcomes of peer control: A multi-level analysis," co-authored with Markus Kreutzer (University of St. Gallen and EBS Business School) & Karin Kreutzer (EBS Business School).
  • For the second year in a row, I also received the Outstanding Reviewer Award for the Business Policy and Strategy Division of the Academy of Management.

    For more information, check the AOM Website.

    retrun to topResearch Talk at City University London

    posted on Jun 04 2015

    This week, I also accepted an invitation to present our paper "Antecedents and outcomes of peer control: A multi-level analysis" (co-authored with Markus & Karin Kreutzer) at Cass Business School, City University London.


    Thanks to Stefan Haefliger for his kind invitation and for hosting me in this fantastic city, and to the Cass faculty members and doctoral students for their helpful comments on our paper.

    retrun to topEBS Offsite Doctoral Workshop

    posted on Jun 01 2015

    This week, I accepted Markus Kreutzer's kind invitation to join him and his colleagues for the European Business School's Annual Off-Site Doctoral Workshop at Kloster Johannisberg in the beautiful Rhine Valley.


    Besides the inevitable sightseeing and wine tasting, I learned a lot about the impressive research the EBS doctoral students are conducting. So thanks for having me!

    retrun to topSMS Special Conference in St. Gallen

    posted on May 28 2015

    The back end of my sabbatical in Europe is getting busier: I just spent the last two days in St. Gallen to attend a Special Conference of the Strategic Management Society on the topic "Rethinking Corporate Headquarters: Innovative Approaches for Managing the Multi-Divisional Firm." I also served as a panel member for the doctoral/junior faculty workshop organized by Matthias Brauer & Tina Ambos.


    retrun to topNew Article Forthcoming in Organization Science

    posted on Apr 30 2015

    New Article provisionally accepted in Organization Science:

    Reconnection choices: Selecting the most valuable (versus most preferred) dormant ties

    Jorge Walter*, Daniel Z. Levin**, & J. Keith Murnighan***

    * The George Washington University, ** Rutgers University, *** Northwestern University

    Recent research has shown that reconnecting long-lost, dormant ties can yield tremendous value, often more than active ties. Yet two key research questions remain unanswered: which of a person’s many dormant ties provide the most value, and which are advice seekers most inclined to choose as reconnection targets? In the current study, we asked executives to seek advice on an important work project from two dormant ties (their first, most preferred choice plus one selected randomly from their next nine most preferred choices) and to respond to surveys before and after their reconnections. This two-stage design allowed us to make causal inferences about the executives’ advice-seeking preferences and the value of reconnecting certain types of dormant ties. Our results show that the most valuable reconnections are to people who provide novelty (by not having spent much time together in the past and being higher status) as well as engagement (by being trustworthy and willing to help). Our executive participants, however, preferred neither novelty nor engagement. Rather, the prospect of reconnecting can make people feel anxious. To avoid this discomfort, executives preferred contacts with whom they had spent a lot of time together in the past, thereby actually reducing novelty. Thus, our findings identify critical biases in executives’ reconnection preferences as well as insights into how to make more effective reconnections. Our discussion presents broader implications of these findings for advice seeking and social networks.

    Keywords: Knowledge transfer, interpersonal ties, social exchange

    For a copy of this article, please contact me directly.

    retrun to topResearch Talk at Tilburg University

    posted on Apr 17 2015

    This week, I also visited Tilburg University to present our paper "Prior experience, bargaining power, and exclusivity in technology licensing agreements" (co-authored with Ted Khoury & Erin Pleggenkuhle-Miles).


    My gratitude to Nufer Ates for kindly hosting me during my visit and to all faculty members and doctoral students for their insightful feedback on our study!

    retrun to topResearch Talk at Erasmus University Rotterdam

    posted on Apr 16 2015

    Just came back from a visit to Rotterdam, where I presented our new working paper on "Antecedents and outcomes of peer control: A multi-level analysis" (co-authored with Markus & Karin Kreutzer) at the Rotterdam School of Management at Erasmus University.


    Thanks to my host, Murat Tarakci, for making this happen and to all the brown bag participants for their great feedback on our study!

    retrun to topExecutive MBA in St. Gallen

    posted on Mar 10 2015


    Just returned from teaching my first Executive MBA seminar at the University of St. Gallen in Switzerland. Besides feeling nostalgic about returning to my Alma Mater after more than 10 years, I was very impressed with the university's executive education program as well as with the qualifications, experience, and interest of the attending executives.

    Many thanks to my former doctoral adviser, Günter Müller-Stewens, for inviting me and to the executives for having me. I look forward to coming back next week for my second seminar.