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Welcome to the Department of Strategy and Policy

The Department was established as the Division of Business Policy in the School of Management in 1983. Subsequently, in 1988, the School was organized into five departments and the division was established as the Department of Business Policy.

The Department uses strategy, economics and legal perspectives to focus on the following research clusters, particularly in the context of Asia:

Firms, Governance & Institutions

·          Diversification, business groups and firm performance

·          Government-business ties, state owned enterprises and the role of the state

·          Ownership, governance and leadership of family businesses

·          Economics of organization and management across institutional environments

·          The legal environment of business


Business and Competition

·          The governance of domestic firms and MNCs

·          Industry and market structures, competitive dynamics and firm performance

·          Internationalization, market entry and foreign direct investment

·          Alliances, alliance portfolios and inter-firm cooperation


 Technology & Innovation

·          Technology, entrepreneurship and innovation across institutional environments

·          Knowledge development and organizational learning

·          Technical HR management, mobility and outcomes

·          Intellectual property, protection and trade secrecy across institutional environments


PublicationsCasesSeminars VisitorsBooks


Png, Ivan, “Migration of Service to the Internet: Evidence from a Federal Natural Experiment”. Information Systems Research with Hui, K L, 2015(forthcoming).

Chandran, Ravi, “Fate of Trust and Confidence in Employment Contracts in Singapore”.  Singapore Academy of Law Journal, 2015 (forthcoming).

Png, Ivan, “Engineer/Scientist Careers: Patents, Online Profiles and Misclassification Bias”.  Strategic Management Journal with Ge, Chunmian and K WHuang, 2015 (forthcoming).

Fu, Qiang, “Team Contests with Multiple Pairwise Battles”. American Economic Review with J Lu and Y Pan, 2015(forthcoming).

Fu, Qiang, “On Disclosure Policy in Tullock Contests with Asymmetric Entry”.  Canadian Journal of Economics-Revue Canadienne D Economique with J Lu and J Zhang, 2015(forthcoming).

Fu, Qiang, “Reputation-Concerned Policy Makers and Institutional Status quobias”. Journal of Public Economics, 110, 15-25,with M, Li, (2014).


Lu, Jane, “Outward foreign direct investment by emerging market firms: A resource dependence logic”.Strategic Management Journal, 35, 1343-1363with Xia, Jun, Xufei Ma and Daphne W Yiu, (2014).

Jain, Amit, “Memory and Organizational Evolvability in a Neutral Landscape”. Organization Science, 25, no. 2, 479-493, with B. Kogut, (2014).


Jain, Amit, “Capabilities as Shift Parameters for the Outsourcing Decision”.  Journal of Strategic Management, 35, no. 12, 1881-1890, with R.-A. Thietart, (2014).


Kim, Heeyon, "Audience Heterogeneity and the Effectiveness of Market Signals:How to Overcome Liabilities of Foreignness in Film Exports?”  Academy of Management Journal,57, no. 5, 1360-1384, with M Jensen, (2014).


Chang, Sea-Jin “Industry dynamics and institutional barriers”.  Strategic Management Journal,35, no. 8, 1103-1123, with and B Wu, (2014).


Taussig, Markus David and Delios, Andrew Karl,"Unbundling The Effects Of Institutions On Firm Resources: The Contingent Value of Being Local in Emerging Economy Private Equity”. Strategic Management Journal, 35, no. 9, (2014).


Tandon, Vivek, “Paradigm-Changing vs Paradigm-Deepening Innovation:  How Firm Scope Influences Firm Technological Response to Shocks”.  Organization Science, 25, no. 3, with Ahuja, Gautam, CurbaLampert, (2014).


Gao, Xiaodan, “Limited Participation in International Business Cycle Models: AFormal Evaluation”.  Journal of Economic Dynamics & Control, 39, 255-272, with V. Hnatkovska and V.Marmer, (2014).


Ter, Kah Leng, “Good faith in the performance of commercial contracts revisited”.  Singapore Academy of Law Journal,26, 111-136, (2014).


Delios, Andrew Karl, “How capital structure influences diversification performance: A transaction cost perspective”. Strategic Management Journal, 35, no. 7, 1013-1031, with O’Brien, J, D Parthiban, Y Toru,(2014).


Fu, Qiang, “Disclosure policy in a multi-prize all-pay auction with stochasticabilities”. Economics Letters, with Q Jiao and J Lu,(2014).


Fu, Qiang, "Reverse"-Nested-Lottery Contests". Journal of Mathematical Economics, 50, 128-140, with J Lu andZ Wang, (2014).


Chung, Chung Nien, “Portfolios of Political Ties and Business Group Strategy in Emerging Economies: Evidence from Taiwan”.  Administrative Science Quarterly, with Zhu H, (2014).

Singh, Kulwant, “Buffering or enabling?  Political ties and firm survival in emerginge conomies”.  Strategic Management Journal, with Zheng, W T and Mitchell W, 2014 (forthcoming).

Kim, Heeyon, “The real Oscar curse: The negative consequences of positive status shifts”.  Organization Science with Jensen M, 2014 (forthcoming).

Png, Ivan, “Privacy and Marketing Externalities: Evidence from Do Not Call”.  Management Sciences with Goh, K Y and K L Hui, 2014 (forthcoming).

Chang, Sea-Jin, “When Does Transition from Family to Professional Management Improve Firm Performance”.  Strategic Management Journal with J Shim, 2014(forthcoming).

Fu, Qiang, “Contests with Endogenous Entry”.  International Journal of Game Theory with J Lu and Q Jiao, 2014 (forthcoming).

Delios, Andrew Karl, “Variety, novelty and perceptions of scholarship inresearch on management and organizations: An appeal for ambidextrous scholarship”.  Journal of Management Studies with Corbett A, J Cornelissen and B Harley, 2014(forthcoming).

Jain, Amit, “Learning by Doing and the Locus of Innovative Capability in Biotechnology Research”. Organization Science ,24, no. 6, 1683-1700, (2013).


Jain, Amit, “Knowledge based transactions and decision framing in Information Technology Outsourcing”. Journal of Strategic Information Systems, 22, no. 4, 315-327, with R.A. Thietart, (2013).


Chung, Chi Nien, "Filling or abusing the institutional void? Ownership and management control of public family businesses in an emerging market". Organization Science, 24, no. 2, 591-613, with Luo, X,(2013).


Chung, Chi Nien, "Leadership succession and firm performance in an emerging economy: Successor origin, relational embeddedness, and legitimacy". Strategic Management Journal, 34, no. 3, 338-357, with XLuo, (2013).


Mahmood, Ishtiaq, Pasha and Chung, Chi Nien, "The evolving impact of combinatorial opportunities and exhaustion on innovation by business groups as market development increases: The case of Taiwan". Management Science,59, no. 5, 1142-1161, with W Mitchell, (2013).


Chang, Sea-Jin, "Do wholly-owned subsidiaries perform better than jointventures?" Strategic Management Journal, 34, 317-337,with J H Chung and J B Moon, (2013).


Chang, Sea-Jin, “When do foreign subsidiaries outperform local firms”. Journal of International Business Studies, 44, no. 8, 853-860, with J Chung and J B Moon, (2013).


Fu, Qiang, “Communication and Commitment in Contests”.  Journal of Economic Behaviour& Organization, 95, 1-19, with Oliver Gurtler and J Munster,(2013).


Png, Ivan, "Patent rights and economic growth: Evidence from cross-country panels of manufacturing industries". Oxford Economic Papers-New Series, 65, no. 3, 675-698, with Hu, A G, (2013).


Fu, Qiang, "Competitive Effect of Cross-shareholdings in All-Pay Auctions with Complete Information".  International Journal of Industrial Organization, 31, no.3, 267-277, with J Lu, (2013).


Png, Ivan, "Do Institutions not Matter in China? Evidence from Manufacturing Enterprises". Journal of Comparative Economics,41, no. 1, with LU, Y and Z TAO, (2013).


Zeitz, Peter, “Do local institutions affect all foreign investorsin the same way: evidence from the interwar Chinese textile industry”. Journal of Economic History, 73, no. 1, 117-141, (2013).

Delios, Andrew Karl, “Strategizing and operating through our values: JMS at 50. Editorial”.  Journal of Management Studies, 50, no. 8, 1349-1357, with Corbett, Andrew C.,Joep Cornelissen and Bill Harley (2013).

Samila, Sampsa, “The effect of social interaction on economic transactions:  Evidence from changes in two retail formats”.  Management Science with Goldfarb, Avi, Ryan McDevitt andBrian Silverman, 2013 (forthcoming).

Fu, Qiang, “The Optimal Multi-Stage Contests”. Economic Theory, 51, no. 2, 351-382, with J Lu, (2012).

Lu, Jane, “Learning from age difference: Interorganizational learning and survival n Japanese foreign subsidiaries 1986-2001”.  Journal of International Business Studies, 43, 719-745, with Kim, Y and Mooweon Rhee, (2012).