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
Fundraising for early-stage startups has become increasingly easier with the rise of crowd-funding platforms. This project asks how an entrepreneur can set his or her targeted goal to attract more investor money. …Read More
Research in management science has long posited that network structures, specifically the patterns of informal interactions among people, affect information flows and knowledge recombination. Yet, how do different network topologies affect the production of new knowledge and ideas? …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
We investigate how investments that allow firms to better understand their customers’ preferences interact with a firm’s ability to compete.…Read More
This will be a mixed-methods study exploring, for the first time, ways in which firms exploit technicalities in the U.S. patent system with regard to number of claims and continuations. While at first blush this may sound like a technical paper targeting a patent policy audience, it actually will tell us a lot about the revealed strategic positions of hundreds of innovative firms and institutions. …Read More
This study explores the link between status and innovation. While extant studies have tended to treat status as uni-dimensional and static, evidence suggests that it may be multifaceted and dynamic. Taking individual inventors as the primary level of analysis, the project decomposes status into different associative (e.g. where the inventor was trained) and achieved dimensions (e.g. her professional standing in the field).…Read More
Access to credit remains central to development. In the past two decades, microfinance institutions experienced rapid expansion in developing countries. Despite this, 2 billion people around the world remain unbanked. …Read More
University-based research is an important generator of fundamental scientific knowledge in society, and may also be the basis for valuable commercial activity. We aim to update and extend our knowledge of the processes of translating academic discoveries and inventions by studying the administrative data from Penn Center for Innovation (PCI). …Read More
The past decade has witnessed an explosion in research at the intersection of markets and social movements, with an increasing acknowledgment of social movements as key drivers of change in organizations and markets. Social movements create new products and markets, change practices in existing organizations, and can have profound impacts on the commercialization of innovation. …Read More
Does higher internet speed drive entrepreneurship and innovation? If there is an effect, is it driven by an increase in the overall number of entrepreneurs, or in the probability of their success? …Read More
This proposal is to fund a first study as part of a longer-term initiative to better understand the threat of disruption from technological innovation. Disruption as a term has come to be used so frequently that it has lost specific meaning. In the larger project, I aim to bring precision to the term and focus on two specific questions. …Read More
In recent years, digital innovations have fundamentally changed how many services and resources are put together and deployed. These include marketplaces like Uber and Airbnb that help match decentralized supply with demand. …Read More
We plan on doing a study that will use technologies to engage people cognitively via financial incentives to bring about lasting behavior modification using the case of tooth brushing. This directly builds on a prior study funded by the Mack Institute where we used Bluetooth enabled brushes to deliver incentives. …Read More
The translation of invention to innovation is a topic that has received significant research attention in recent times. Scholars have recognized that our understanding of the factors that shape whether and when innovative technologies arise and transform industries cannot be complete without comprehending how scientific or technological discovery evolves into commercial adoption. …Read More
In this project, I am continuing to use the empirical context of the evolution of cardiac surgery regulation in New York State to understand the challenges involved using empirically-documented social science findings into public policy. …Read More
Grand Innovation Prizes are contests where a prize is given for the first team to achieve a radical technical goal–such as reaching space with a commercial passenger rocket. The phenomenon of GIPs have become an important topic for study in recent years.…Read More
Dealing with the threat of new entrants into its market is among the most fundamental strategic imperatives for any firm. This threat could be enhanced for various reasons, most prominently institutional or technological changes.…Read More
Innovative new products come with hope, but also risk that they will not work as well as hoped. Thus testing and monitoring are key strategic decisions of an innovative firm in any market, and in some markets these strategic decisions will be intertwined with government regulatory policy.…Read More
We study how firms simultaneously engage in competition and cooperation in technology standard-setting multipartner alliances. Departing from prior research that has typically explored competition in isolation from cooperation, we bridge these two literatures by examining firm communication and community consensus in these venues.…Read More
