Micro-ventures in emerging economies are often highly vulnerable to shocks. They neither have the slack resources nor a supporting organization structure to buffer them from disruptions. Academic enquiry into the response and resilience of such enterprises in emerging economies is fairly limited. In this paper, we examine how new digital technologies affect the learning and adaptation process of these ventures.…Read More
Tolga Dizdarer, PhD Candidate, The Wharton School, Gerry Tsoukalas, Operations, Information & Decisions, The Wharton School, and Gérard Cachon, Operations, Information & Decisions, The Wharton School Abstract: Service platforms like Uber and AirBnb create markets that connect customers with service providers. Platforms provide the medium of interaction and receive commissions from…Read More
We establish the relevance of human capital to startup financing. Using administrative databases from the Central Bank of Brazil, we obtain information on private firms, their founders and their access to bank credit.…Read More
How can rooftop solar owners capture economic value from investing in battery technologies? Storage adds at least three strategic options for homeowners that previously could only directly consume solar generation and sell any excess instantaneously, thus they traditionally relied on feed-in tariffs or other subsidies.…Read More
The topic of the Gig economy has received considerable attention recently. 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 need for impact measurement harmonization is a common refrain among impact investors. However, instituting standards and common frameworks requires an awareness of the constraints under which impact investors operate in their day-to-day work.…Read More
We investigate the impact social movements have on firm-level innovation through private politics. We distinguish between contentious private politics, or contentious targeting of firms by activists, and cooperative private politics, when activists engage firms in formal collaborations.…Read More
Prior research suggests that individuals react negatively when they perceive they are underpaid. Moreover, individuals frequently select pay referents who share their race and gender, suggesting that demographic similarity affects one’s knowledge of pay differences.…Read More
By combining various databases of academic publications and patents of China’s publicly listed firms, we explore the effects of academic publications on firm valuation.…Read More
A significant challenge that online social media platforms such as Facebook and Twitter face today is acting as the custodians of the Internet while at the same time being the center of self-expression and user-generated content.…Read More
We’re proud to announce the publication of a new white paper written by John Paul MacDuffie, Director of the Program on Vehicle and Mobility Innovation, and published by investment firm Engine No. 1. Entitled “Mobility Becomes Electric: The Role of Automotive OEMs in Speeding the Battery Electric Vehicle Future,” the…Read More
This study examines the termination of research alliances by established firms accessing knowledge from smaller research partners. We relax the assumption implicit in the internal tension perspective of alliance termination that signals from a partner are readily processed and acted upon.…Read More
Leverage the power of connectivity to deliver superior, personalized wealth management experiences at scale.…Read More
The price of batteries is a significant predictor of whether electric vehicles will gain mass market acceptance in the near future. …Read More
When digital turbulence is the new normal, vigilant organizations prevail by following three navigation principles. …Read More
Most digital communication platforms store content and allow users to see it multiple times. Despite the benefits that recording content holds for both users and companies, many applications delete it after it was seen by the receiver (i.e., ephemeral communication channels). …Read More
Identifying whether newspaper editors focus on what is newsworthy or what is trendy when choosing stories is important for the design of media regulation. This column shows how the popularity of an article, reflected by online clicks, influences the coverage of the story.…Read More
We empirically show people tend to associate a higher valuation of Bitcoin with a higher Bitcoin exchange rate, and such exchange rate has significant impacts on both the supply and demand of the mining rigs.…Read More
In this paper, we propose combining data from both surrogate and true outcomes to improve decision-making within a late-phase clinical trial.…Read More
A fundamental question remains unanswered which I seek to address in this research: What is the actual value of novelty in pharmaceuticals to consumers?…Read More
