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I aim to contribute to corporate strategy and technology and innovation management literatures by refining the way we think about how firms’ externally accessible resources and capabilities influence those firms’ heterogeneous boundary choices and their resulting outcomes. …Read More
A well-known maxim in management is that “your people are your greatest asset”. Recruitment strategies in particular have been linked to firms’ innovative capacity, emphasizing the importance of maintaining competitive advantages in HR as a key goal of effective innovation management. …Read More
We propose a novel theory of network externalities to explore the causal relationship between a firm’s position in an alliance network and its innovation outcomes. We posit that the network position a focal firm occupies can be unexpectedly and suddenly reshaped by the acquisitions of other firms. …Read More
Given the large and growing role of academic entrepreneurs and inventors via patents, start-up development, and university-industry relationships, understanding how funding sources may impact academic scientists’ incentives is a crucial area for innovation research, particularly in the biomedical sciences. …Read More
Economic nationalism is an ideology which favors policies that emphasize domestic control of the economy. Previous work has documented that firm innovation/investment and firm productivity are important for economic growth. Hence, understanding how barriers to firm innovation/investment and restrictions on firm productivity is crucial to the study of development. …Read More
The clinical-trial data used to make approval decisions for medical therapies are collected from a relatively small patient sub-populations. Given small sample sizes, trial data may suggest that treatments are medically or economically nonviable, even though they ultimately may be, or vice versa. …Read More
This project considers whether and how corporate headquarters either add value to or destroy value for the subsidiaries operating under their oversight. This question is a foundational one in the field of strategic management and has been debated for several decades. However, researchers have been limited from fully answering it. …Read More
Few studies have examined the impact of divestitures on the innovation performance of firms. In particular, little attention has been paid into how the divestiture of firms’ non-core businesses could influence the innovation outcomes of their core businesses. …Read More
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
By allowing ventures to obtain market feedback during the product development process, experimentation confers a learning advantage. However, we know little about its costs. In particular, experimenting with an early-stage idea requires some degree of disclosure, leading to imitation risk. …Read More
What is the effect of housing supply regulations on innovation? Just as innovation has become increasingly localized, restrictive local building policies are cited as the cause of skyrocketing housing prices in American cities; yet evidence is limited on the effect of such policies. …Read More
High skill labor demand is infrequent but firms cannot adjust perfectly due to several adjustment costs. Professional Business Service Firms help alleviate this problem by allowing high skill labor to move across firms, reducing idiosyncratic part of labor demand risk. …Read More
Improvements in information technology in recent decades has changed our lives and upended industries. One of its major impacts is to make previously inaccessible information accessible, reduce information asymmetries and improve market efficiencies.…Read More
The use of employee perks is becoming increasingly important to organizational competitiveness. Consequently, innovating along the human resource dimension has become a strategy imperative for many firms. Typically, firms introduce perks that are complementary to work. However, another set of perks that makes it easier for people to leave the workplace has gain more popularity over time. …Read More
This proposal explores how the new generation of information technologies (IT) including AI, automation and data analytics, affect how firms innovate. In particular, we focus on the effect of innovation after a firm went through an IPO. …Read More
The project aims to explore the extent to which blockchain technology can be ported to alleviate information asymmetry issues in the context of supply chain financing. In particular, firms seeking the capital needed to efficiently run their operations are often impeded by severe information asymmetry issues. …Read More
The proposed study analyzes a data set of over eighty million online job listings from the years 2010 to 2016 (about 1 to 2 million each month). The data include job titles, locations (MSA), industry (NAICS), employer names — and most importantly for this analysis — detail on the specific skills required for a job. …Read More
Consumers are often skeptical of social innovation (e.g., CSR), thinking that firms undertake such innovations to increase profit rather than to “do the right thing.” How can firms convey the social and monetary benefits of investing in social innovations to consumers and stakeholders to best improve their brand image?…Read More
The business model of Pharmacy Benefit Managers (PBMs) has evolved dramatically over the last few decades from basic insurance claims processors to becoming one of the key drivers of pharmaceutical pricing and utilization in the U.S. PBMs are the “middlemen” between insurers and drug manufacturers.…Read More
How does the organization of patenting activity affect a firm’s patenting outcomes? We investigate how the composition of patenting teams relates to both the scope of their patent applications and the speed with which their patents are approved. …Read More
