The Globalization of R&D and Human Capital Flows

Funded Research Proposal

My research studies innovation and technological change, with a special focus on the changing structure of the R&D activities of multinational firms. Multinational firms account for the majority of innovation investment worldwide. However, while innovation within these firms historically has been spatially concentrated in the home country, that concentration has changed dramatically in the past 20 years.Read More

The Influence of Private Equity Experience on Corporate Transactions

Funded Research Proposal

This project considers whether CEOs and other top managers whose professional backgrounds are in private equity undertake different and/or more successful acquisitions and divestitures than CEOs and other top managers who do not have professional backgrounds in private equity.Read More

Long-Run Growth and Misallocation in Innovation Network

Funded Research Proposal

Resource misallocation negatively affects productivity and hence economic growth. One of the most influential insights in financial economics for the past decades is that the low-frequency component in the economic growth (i.e. the long-run economic growth) has important impact on asset pricing dynamics in capital markets (see Bansal and Yaron, Journal of Finance, 2004).Read More

Race to E-Commerce: The Role of Firm Owners in Technology Adoption

Funded Research Proposal

This study aims to understand how firm ownership and governance influence the adoption of disruptive technologies in the early stages of the technology cycle. There is a growing recognition that owners have different goals and motivations that in turn, shape the strategic direction of the firms they control.Read More

Algorithmic Management and Financial Well-Being in the On-Demand Economy

Funded Research Proposal

Uber. Upwork. TaskRabbit. The world of work is transforming and my research agenda attempts to identify and explain 1) how work is changing and 2) how these changes affect workers, especially those who are marginalized or vulnerable.Read More

Generic Competition and Strategic Delegation: An Empirical Study in Drug Patent Licensing

Funded Research Proposal

We plan to study the role of strategic delegation in the patent licensing process. In particular, we will examine the contractual terms of a large database of pharmaceutical drug license arrangements (royalty rates, contingencies, royalty bases, etc…), as well as which contractual terms were redacted versus non-redacted.Read More

The Added Value of Analytics and Impact of Exposure to Business Benchmarks

Funded Research Proposal

What is the impact of deploying an analytics solution on firm output? How is this impact generated by the firm? We use data from over 1,000 firms to estimate the causal impact of analytics and benchmarking on firm performance.Read More

Economics of Private Equity

Funded Research Proposal

In this paper, I plan to study how financing frictions affect the ability of firms to implement innovations. I am mainly going to focus on the step, when a company has already discovered an innovation opportunity, but does not have resources to finance it, and so needs to get external financing.Read More

Climate Change, Risk and Firms’ Innovation in Green Technology: Threat or Opportunity?

Funded Research Proposal

Public policies that aim at reducing global warming expose firms to legal risks, especially firms that have high carbon dioxide (C02) emissions. How do firms handle this legal risk, both before and after its realization?Read More

Gender Differences in Founder’s HR Strategy and What Works When? Evidence from New Ventures in Innovation Industries

Funded Research Proposal

This project examines gender differences in founder’s human resource (HR) strategy and how such differences impact business outcomes, focusing on nascent ventures in high-tech innovative industries.Read More

The Impact of Economic and Behavioral Drivers on Gig Economy Workers

Funded Research Proposal

In today’s ever-expanding “gig economy”, independent workers can freely choose when to work as well as seamlessly switch between multiple platforms that offer different incentives. Once a small minority of low-skilled workers with relatively low income, the gig economy now attracts high-skilled workers who are opting to join a flexible workforce. Read More

The Organizational Consequences of Robots: Firm-level Evidence

Funded Research Proposal

As a new general-purpose technology, robots have the potential to radically transform industries and affect employment. Preliminary empirical studies using industry and geographic region-level data have shown that robots differ from prior general-purpose technologies and predict substantial negative effects on employment.Read More

Role of Star Developers in Open Source Software Innovations

Funded Research Proposal

The idea that source code for computer software be accessible to anyone has gained increasing popularity among software developers, fueling the rapid growth of the open source software (OSS) movement. Platforms for OSS development currently host incredibly valuable projects like the Linux kernel, TensorFlow and various blockchain software projects.Read More

Innovation Through Diversity: Understanding The Ever-Changing Consumer Landscape

Funded Research Proposal

As firms look to innovate, attention must be paid to the role cultural diversity (e.g. racial and gender diversity) plays in consumer interest in new products. In today’s society, firms need an understanding of how diversity can be used as an asset to engage consumers with their brands.Read More

Technological Innovations for Last-Mile Delivery in Health Care

Funded Research Proposal

We propose to study the impact of technological innovations in last-mile delivery on health care access, cost, and quality. To this end, we will examine the introduction of drones to deliver blood and other medical supplies to isolated areas in Rwanda.Read More