Research
My research evolves around two related streams. The first stream is in the domain of technology strategy and explores the sourcing of extramural knowledge by firms and its impact on firm innovation. My research in the technology strategy domain has two elements: I study mechanisms that facilitate absorption of extramural knowledge such as R&D alliances, technological licensing, and new venture investment; I also examine internal structures and strategies that affect the transfer of extramural knowledge within the firm. The second stream draws upon emerging scholarship on the institutional, or non-market, strategies of firms and explores the prospects for industry self-regulation. My institutional strategy research stream also has two elements: I examine the conditions under which firms have incentives to self-regulate; I also study private institutions that firms create to facilitate self-regulation in the face of collective action difficulties and information asymmetry problems.
Please use the links below to see a list of my papers on each of these topics.
Sourcing Extramural Knowledge
Inter-dependency and Industry Evolution
New Ventures as a Source of Extramural Knowledge
Internal Transfer of Extramural Knowledge
Industry Self-Regulation
Activists and Environmental Self-Regulation
Collective Attempts at Environmental Self-Regulation
Private Incentives to Environmental Self-Regulation
Incorporating Environmental Concerns into Product
Design
Assessment of Firm Environmental Risks and Performance
Sourcing Extramural Knowledge
Interdependency and Industry Evolution
- Lenox, Michael, Scott Rockart, & Arie Lewin. 2007. "Does Interdependency Affect Industry Profitability?" Working Paper.
- Lenox, Michael, Scott Rockart, & Arie Lewin. 2007. "Interdependency, Competition, and Industry Dynamics." Management Science. 53(4): 599-615.
- Lenox, Michael, Scott Rockart, & Arie Lewin. 2006. "Interdependency, Competition, and the Distribution of Firm and Industry Profits." Management Science. 52(5): 757-772.
- Dushnitsky, Gary & Michael Lenox. 2005. "When Do Firms Undertake R&D by Investing in New Ventures?“ Strategic Management Journal. 26(10): 947-965.
- Dushnitsky, Gary & Michael Lenox. 2005. "When Do Incumbents Learn from Entrepreneurial Ventures? Corporate Venture Capital and Incumbent Firm Innovation Rates." Research Policy. 34(5): 615-639.
- Dushnitsky, Gary & Michael Lenox. 2006. "When Does Corporate Venture Capital Create Firm Value?" Journal of Business Venturing. 21(6): 753-772.
Internal Transfer of Extramural Knowledge
- Lenox, Michael. 2005. "Absorptive Capacity, Organization Structure, and Information Provision." Working Paper.
- Lenox, Michael & Andrew King. 2004. "Prospects for Developing Absorptive Capacity through Internal Information Provision." Strategic Management Journal. 25(4): 331-345.
- Lenox, Michael. 2002. "Organizational Design, Information Transfer, and the Acquisition of Rent-Producing Resources." Computation and Mathematical Organization Theory. 8(2): 113-131.
Prospects for Industry Self-Regulation
Activists and Environmental Self-Regulation
- Lenox, Michael & Chuck Eesley. 2008. "Private Environmental Activism and the Selection and Response of Firm Targets." Journal of Economics Management & Strategy. Forthcoming.
- Eesley, Chuck & Michael Lenox. 2006. "Secondary Stakeholder Actions and the Selection of Firm Targets." Working Paper.
- Eesley, Chuck & Michael Lenox. 2006. "Firm Responses to Secondary Stakeholder Action." Strategic Management Journal. 27(8): 765-782.
- Lenox, Michael. 2008. "The Prospects for Industry Self-Regulation of Environmental Externalities." In N. Woods (Eds.) Making Global Regulation Effective: What Role for Self-Regulation? Oxford University Press: Oxford, UK.
- Lenox, Michael. 2006. "The Role of Private, Decentralized Institutions in Sustaining Industry Self-Regulation." Organization Science. 17(6): 670-690. (Lead Article)
- King, Andrew, Michael Lenox, & Ann Terlaak. 2005. "The Strategic Use of Decentralized Institutions: Exploring Certification with ISO 14001 Management Standard." Academy of Management Journal. 48(6): 1091-1106.
- Lenox, Michael & Jennifer Nash. 2003. "Industry Self-Regulation and Adverse Selection: A Comparison Across Four Trade Association Programs." Business Strategy and Environment. 12(6): 343-356.
- King, Andrew, Michael Lenox, & Michael Barnett. 2001. "Strategic Responses to the Reputation Commons Problem." In Hoffman & Ventresca (Eds.) Organizations, Policy and the Natural Environment: Institutional and Strategic Perspectives. Stanford University Press: Stanford, CA.
- King, Andrew & Michael Lenox. 2000. "Industry Self-Regulation Without Sanctions: The Chemical Industry's Responsible Care Program." Academy of Management Journal. 43(4): 698-716.
- King, Andrew & Michael Lenox. 2002. "Exploring the Locus of Profitable Pollution Reduction.“ Management Science. 48(2): 289-299.
- King, Andrew & Michael Lenox. 2001. "Lean and Green? Exploring the Spillovers from Lean Production to Environmental Performance." Production and Operations Management. 10(3): 244-256.
- King, Andrew & Michael Lenox. 2001. "Does it Really Pay to Be Green? An Empirical Study of Firm Environmental and Financial Performance." Journal of Industrial Ecology. 5(1): 105-116.
- Lenox, Michael, Andrew King, & John Ehrenfeld. 2000. "An Assessment of Design-for-Environment Practices in Leading U.S. Electronics Firms." Interfaces. 30(3): 83-94.
- Lenox, Michael & John Ehrenfeld. 1997. "Organizing for Effective Environmental Design." Business Strategy & Environment. 6(4): 187-196.
- Lenox, Michael & John Ehrenfeld. 1997. "The Development & Implementation of DfE Programs." Journal of Sustainable Product Design. 1(1): 17-27.
- Lenox, Michael & John Ehrenfeld. 1995. "Design for Environment: A New Framework for Strategic Decisions." Environmental Quality Management. 4(4): 37-52.
- Lenox, Michael, Ben Jordan, & John Ehrenfeld. 1996. "Design for Environment: A Survey of Current Practice." Proceedings of the IEEE International Symposium on Electronics & Environment. Dallas, TX. May, 1996.
- Lenox, Michael & Yacov Haimes. 1996. "The Constrained Extremal Distribution Selection Method (A Method for Assessing the Risk of Hazardous Material Accidents at U.S. Facilities)." Risk Analysis. 16(2): 161-176.