We argue that for firms competing in infrastructure industries, a change in the government that granted the permission to invest in the host country increases the likelihood of divestment of foreign subsidiaries. …Read More
Nonprofits are increasingly present in industries with a large for-profit sector, raising questions about their competitive advantage afforded by the nonprofit tax exemption. We estimate an equilibrium model of market structure for recreation/fitness centers to assess whether nonprofit and for-profit firms compete directly for the same customer base.…Read More
Read an excerpt of Connected Strategy, the new book that shows how companies can design high-quality customer experiences while improving operational efficiency at the same time.…Read More
Wharton doctoral candidate Alejandro Lopez-Lira used machine learning to analyze companies’ annual reports and assess the top four systematic risks that affect most firms. …Read More
Adding to the literature on the recognition and spread of ideas, and alongside the bias against novelty view documented in prior research, we introduce the perspective that articles compete for the attention of researchers who might build upon them. …Read More
The extent to which local incentive policies (such as subsidies and tax credits) are effective at spurring new centers of innovation, and whether these incentives induce overall productivity growth or just a shift of production from one region to another, is the subject of this proposal.…Read More
In 2011, California Governor Jerry Brown recognized several of the state’s existing firm incentive policies aimed at catalyzing innovative activity in the state, to be ineffectual, citing poor incentive design.…Read More
Evidence on whether startups benefit from corporate venture capital investment is equivocal. Research suggests that the principal impediment to value creation in these relationships for startups is the complexity of the larger organization – the varying incentive structures, layers of bureaucracy and convoluted decision-making processes that limit their access to valuable resources. …Read More
Companies often showcase achievements of high performing “stars” to recognize them, but also motivate observing employees. However, “star” recognition can have both beneficial and detrimental effects on observing employees. …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
This study considers the nascent period of industry change when the prevalent business model is being threatened by a new model, but there is significant uncertainty with respect to whether and when the new model will dominate. …Read More
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
We study how collocation — geographic clustering of business establishments owned by the same parent company — influences the productivity of establishments over time.…Read More
This study explores acquisition strategy of the U.S. technology sector. I plan to build a comprehensive and detailed dataset of acquisitions of US and foreign startups by US technology companies.…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
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
Collaboration between individuals is critical to innovation and knowledge creation. Within an organizational context, however, collaborative relationships can be subject to an abrupt end should a collaborator exit the organization. …Read More
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
The networks literature examining the diffusion of complex innovations by social contagion has focused on the benefits of “multiplex” (or “wide”) ties in these processes. Multiplex ties span different types of networks to create inter-connectivity across subgraphs within a community. …Read More
The ability to predict consumer preferences for new fashions by clothing manufacturer executives seems rather low. This is confirmed by secondary data on inventory markdowns and our pilot interviews with major manufacturers. …Read More
