Fast Success and Slow Failure: The Costs of Collaboration across Formal Boundaries

Louise Mors, David Waguespack

    Research output: Contribution to conferenceConference abstract for conferenceResearchpeer-review

    Abstract

    Full Abstract: Do the benefits of cross boundary collaborations outweigh the costs?
    We seek to answer this question by examining 5079 collaborations in the
    Internet Engineering Task Force (IETF). Our findings suggest that crossing
    formal boundaries is positively related to success and efficiency of the
    collaboration. Yet there are high costs associated with cross boundary
    collaborations for unsuccessful projects, as these take longer to fail, and
    therefore hold up resources that could be reallocated to other projects.
    We find that even with a boost in success, the costs are higher than the
    likelihood of success, suggesting that firms are better off investing in nondiverse
    projects. This finding has important implications for how we think
    about the benefits of seeking novelty.
    Full Abstract: Do the benefits of cross boundary collaborations outweigh the costs?
    We seek to answer this question by examining 5079 collaborations in the
    Internet Engineering Task Force (IETF). Our findings suggest that crossing
    formal boundaries is positively related to success and efficiency of the
    collaboration. Yet there are high costs associated with cross boundary
    collaborations for unsuccessful projects, as these take longer to fail, and
    therefore hold up resources that could be reallocated to other projects.
    We find that even with a boost in success, the costs are higher than the
    likelihood of success, suggesting that firms are better off investing in nondiverse
    projects. This finding has important implications for how we think
    about the benefits of seeking novelty.

    Conference

    ConferenceStrategic Management Society 36th Annual International Conference. SMS 2016
    Number36
    CountryGermany
    CityBerlin
    Period17/09/201620/09/2016
    Internet address

    Cite this

    Mors, L., & Waguespack, D. (2016). Fast Success and Slow Failure: The Costs of Collaboration across Formal Boundaries. Abstract from Strategic Management Society 36th Annual International Conference. SMS 2016, Berlin, Germany.
    Mors, Louise ; Waguespack, David . / Fast Success and Slow Failure : The Costs of Collaboration across Formal Boundaries. Abstract from Strategic Management Society 36th Annual International Conference. SMS 2016, Berlin, Germany.1 p.
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    Mors, L & Waguespack, D 2016, 'Fast Success and Slow Failure: The Costs of Collaboration across Formal Boundaries', Berlin, Germany, 17/09/2016 - 20/09/2016, .

    Fast Success and Slow Failure : The Costs of Collaboration across Formal Boundaries. / Mors, Louise; Waguespack, David .

    2016. Abstract from Strategic Management Society 36th Annual International Conference. SMS 2016, Berlin, Germany.

    Research output: Contribution to conferenceConference abstract for conferenceResearchpeer-review

    TY - ABST

    T1 - Fast Success and Slow Failure

    T2 - The Costs of Collaboration across Formal Boundaries

    AU - Mors,Louise

    AU - Waguespack,David

    PY - 2016

    Y1 - 2016

    N2 - Full Abstract: Do the benefits of cross boundary collaborations outweigh the costs?We seek to answer this question by examining 5079 collaborations in theInternet Engineering Task Force (IETF). Our findings suggest that crossingformal boundaries is positively related to success and efficiency of thecollaboration. Yet there are high costs associated with cross boundarycollaborations for unsuccessful projects, as these take longer to fail, andtherefore hold up resources that could be reallocated to other projects.We find that even with a boost in success, the costs are higher than thelikelihood of success, suggesting that firms are better off investing in nondiverseprojects. This finding has important implications for how we thinkabout the benefits of seeking novelty.

    AB - Full Abstract: Do the benefits of cross boundary collaborations outweigh the costs?We seek to answer this question by examining 5079 collaborations in theInternet Engineering Task Force (IETF). Our findings suggest that crossingformal boundaries is positively related to success and efficiency of thecollaboration. Yet there are high costs associated with cross boundarycollaborations for unsuccessful projects, as these take longer to fail, andtherefore hold up resources that could be reallocated to other projects.We find that even with a boost in success, the costs are higher than thelikelihood of success, suggesting that firms are better off investing in nondiverseprojects. This finding has important implications for how we thinkabout the benefits of seeking novelty.

    M3 - Conference abstract for conference

    ER -

    Mors L, Waguespack D. Fast Success and Slow Failure: The Costs of Collaboration across Formal Boundaries. 2016. Abstract from Strategic Management Society 36th Annual International Conference. SMS 2016, Berlin, Germany.