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Minutes
Business Meeting
Business Policy and Strategy Division
August 10, 2004
New Orleans, LA
Outgoing Division Chair Javier Gimeno called the meeting to order at 5:30.
I. Reports.
- Election Results. Outgoing Division Chair Javier Gimeno thanked the outgoing EC members (Tom Brush, Marjorie Lyles, Rich Makadok, Richard Priem, and Mary Tripsas) and welcomed the new EC members (Rajshree Agarwal, Marvin Lieberman, Joanne Oxley, Jan Rivkin, and Brian Silverman). Javier announced that Russ Coff was elected Assistant Program Chair for 2005, that Anita McGahan is the new Program Chair, and that Jim Westphal is now President-Elect.
- Comments from the Outgoing Division Chair. Outgoing Division Chair Javier Gimeno reminded everyone of the unexpected passing of Sumantra Ghoshal, who was a major contributor to the field. He announced that the BPS Division’s annual award for the best paper contributing to both research and practice has been renamed the: Sumantra Ghoshal Research and Practice Award, and that an endowment has been set up to support the award winner.
Javier went on to note that as the Division’s research methods have become more precise and its size has grown dramatically, the Division remains inclusive. However, our size presents several challenges in terms of remaining open without fragmentation and being inclusive without being formulaic.
Javier then introduced Margie Peteraf as the new Division Chair.
- Comments from the Incoming Division Chair. Margie Peteraf thanked Javier Gimeno for his service to the Division; he received a standing ovation from the members present. She also thanked Jim Westphal for his leadership in making this year’s program a success. Both Javier and Jim were given plaques in gratitude for their service. Finally, Margie acknowledged the efforts of the out-going Web Master, Steven Phelan, and introduced his replacement, Robert Wiggins.
- Treasurer’s Report. Bill Bogner reported that the Division has a balanced budget wherein expenditures closely match revenue. However, enough surplus is maintained so that anyone at any school could be supported as program chair. The Division can also support its activities throughout the year.
- Professional Development Workshops. Assistant Program Chair Anita McGahan reported that the PDWs accomplished three broad goals: broad representation of ideas, broad involvement among BPS membership, and collaboration with other divisions. There were over 1,200 participants in 27 workshops encompassing teaching, professional development, reviewing, research topics, and research methods. Anita thanked the leaders of the three consortia (Doctoral, New Faculty, and Mid-Carreer), as well as the session organizers. She also thanked the members of the Research Committee who are charged with determining the best paper award winners.
- 2004 Conference Program. Jim Westphal reported that this year was the first year papers were submitted through the web, allowing reviewers and session participants to download papers as needed. The process went smoothly; other divisions, and eventually the Academy overall, hope to emulate our system. Jim thanked his predecessors, Javier Gimeno who initiated the electronic submission process and Margie Peteraf who made important process improvements to that system.
There were 1,024 submitting authors from 42 countries, 50% from abroad. Overall, international was up 58% from three years ago. 1,292 reviewers from 46 countries reviewed the submissions. There is some evidence that the quality of submissions increased this year. The average rating for submissions increased 11 percent and average symposia proposal submission increased by 23 percent. The submissions also varied dramatically in terms of theoretical perspectives.
By the deadline, only 23 submissions required further review; 58 emergency reviewer volunteers handled these. Jim offered his thanks to all who participated in the process. Jim acknowledged general (and constant) support from Bert Cannella, Javier Gimeno, and Margie Peteraf; technical support from Julia Yaziji, Soo Lee, Bert Cannella, and Mike Hendron, Administrative support from Steve Boivie, and financial support from The McCombs School at the University of Texas. He also thanked his volunteer review team of Steve Boivie (Texas at Austin), Irene Duhaime (Georgia State University), Mike Hendron (Texas at Austin), Poonam Khanna (Texas at Austin), Don Lange (Texas at Austin), and Richard Priem (Wisconsin at Milwaukee).
II. Awards.
- Outstanding Reviewer Awards. Jim Westphal announced that the BPS Outstanding Reviewer awards for 2004 went to: William Bogner, Javier Gimeno, Mats Lingblad, Chamu Sundaramurthy, Charles Byles, Robert Hamilton, III, Rebecca Luce, Maxim Sytch, Albert Cannella Jr., Jan Hansen, Alison Mackey, Catherine Thomas, Xavier Castaner, Jinyu He, Tammy Madsen, Jie Tian, Olivier Chatain, Amy Hillman, Rita McGrath, Beverly Tyler, Russ Coff, Jill Hough, Douglas Miller, Giovanni Valentini, Benjamin Cole, Michael Jensen, Thomas Moliterno, Raymond Van Wijk, Sven-Olof Collin, Robert Jensen, Christine Mooney, Govert Vroom, David Collis, John Joseph, Margaret Peteraf, George Walendowski, Anna Dempster, Jeffrey Kaufmann, Michael Pfarrer, Al Warner, Nicola Dragonetti, David King, Francisco Polidoro Jr., Noam Wasserman, Sendil Ethiraj, Balaji Koka, Terrie Reeves, Carmen Weigelt, Walter Ferrier, Yasemin Kor, Patrick Regnér, Richard Wolfe, Ariel Fishman, Dovev Lavie, Taco Reus, Jim Wolff, Richard Gentry, Sergio Lazzarini, Amir Sasson, William Worthington, Joseph Gerard Michael Leiblein, Matthew Semadeni, Anne York.
- Glueck Best Paper Award. Anita McGahan reported that the winner is Minyuan Zhao for his paper titled “Doing R&D in Countries with Weak IPR Protection.”
- Robert J. Litschert Award. This award is for the best paper by a doctoral student. Anita McGahan announced that the winner is Gino Cattani for his paper titled “Firm Heterogeneity and Technological Performance: A Study on the Evolution of Fiber Optics 1970-1995.”
- Sumantra Ghoshal Research and Practice Award. The Sumantra Ghoshal Research and Practice goes to a paper that advances research while deriving important implications for practice. It honors the contributions to both research and practice made by Sumantra Ghoshal. Anita McGahan reported the winners are Jeffrey H. Dyer and Nile W. Hatch for their paper titled “Network-Specific Capabilities, Network Barriers to Knowledge Transfers, and Competitive Advantage.”
- BPS Outstanding Dissertation Award. Margie Peteraf thanked the members of the Research Committee for their help in determining the finalists and winner. The finalists were Weiru Chen (INSEAD), Isin Guler (Boston University), Nandini Lahiri (Indian School of Business), Corey Phelps (University of Washington), and Raja Roy (Tulane University). The finalists have the honor of organizing the Annual BPS PDW workshop called Managing your Dissertation. The winner of the 2004 BPS Division Outstanding Dissertation Award is Nandini Lahiri (University of Michigan) for her dissertation: “Knowledge Spillovers: The Role of Geography, Technology and Intra-firm Linkages in the Global Semiconductor Manufacturing Industry.”
III. Closing Remarks. Margie Peteraf announced that the Executive Committee has some ideas for new BPS sponsored initiatives, including taking advantage of the web by hosting virtual conferences. Javier Gimeno has graciously agreed to head up this effort. She asked that if members have ideas about this please contact him at INSEAD. Margie also announced that we plan to continue our efforts to make the BPS more inclusive and more attentive to the diverse needs of our membership. If members have comments or suggestions, they should contact her at Dartmouth. She announced that the next Academy meeting in Honolulu, Hawaii should be a fun meeting and in the spirit of fun, the Academy is going to make this a Casual Dress meeting – no suits. Finally, Margie announced that the BPS Social Hour would follow in the same location.
The meeting was adjourned at 6:22pm.
Respectfully submitted,
Jim Combs
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