Saying Hello and Waving Goodbye: Intra-Organizational Tie Formation in The Face of Collaborator Departure

Working Papers

Indirect ties play an important role in the formation of new collaborative relationships. Yet we know little about how the mobility of such indirect ties changes the role that they play. In this paper, I explore how the organizational exit of common collaborators influences tie formation between previously unconnected workers. Read More

Rethinking Frameworks in the Life Sciences: Perspectives from Real Estate and Precision Medicine

A headshot of two individuals in a split-image format. On the left, a person in a suit smiles while seated. On the right, a person stands in front of a whiteboard, also smiling, wearing a sleeveless top.

Joel Marcus, Executive Chairman and Founder of Alexandria Real Estate Equities, and Liz O’Day, CEO and Founder of Olaris Therapeutics, discuss how collaboration across stakeholders can enhance innovation in the life sciences.Read More

Frenemies: The Influence of Competitors’ Cooperation on Technological Adoption

Working Papers

The development and adoption of new innovative technologies confront firms into making decisions in highly uncertain environment. Past experience and the available public information are seldom sufficient to support firms in their decision process; firms ability to experiment and produce new information is then paramount. Read More

Responses to Rival Exit: Product Variety, Market Expansion, and Preexisting Market Structure

Published Research

This study investigates incumbent responses to a main rival’s exit. We argue that long‐time rivals have developed an equilibrium by offering a mix of overlapping and unique products and by choosing geographic proximity to each other. A rival’s exit, however, disrupts this equilibrium and motivates surviving firms to expand in both product and geographic spaces to seek a new equilibrium. Read More

Pipes or Shackles? How Ties to Incumbents Shape Startup Innovation

Working Papers

Startups are increasingly turning to the incumbent firms in their industries for venture capital. However, there remain significant gaps in our understanding of how these relationships influence the way they innovate. Read More

Family Firms and the Stock Market Performance of Acquisitions and Divestitures

Published Research

In this project, I seek to compare how effectively family firms undertake and implement acquisitions and divestitures relative to their non-family counterparts. While family firms are less likely than non-family firms to undertake divestitures, the stock market returns earned by the family firms that undertake these deals exceed those of non-family firms.Read More