This paper presents a formal model that elucidates how sustained performance heterogeneity emerges from competitive amplification due to endogenous resource investment under uncertainty. Specifically, the model shows that if resources are scale free, any small resource differences are amplified into large performance differences. …Read More
This study evaluates how having multiple kinds of relations – multiplexity – affects diffusion by word-of-mouth information transmission. The study uses data from a field experiment in 49 remote villages in Karnataka, India.…Read More
We will examine the cost of inventor mobility from a talent poaching perspective. It is either prohibitively costly or impossible to contract over all states of the world (Grossman and Hart, 1986; Tirole, 1999).…Read More
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
As outsourcing expands in scope to increasingly higher-end tasks, the tension between value creation and appropriation in such inter-firm relationships raises important questions regarding the extent to which a firm should outsource activities in the value-chain and engage with its suppliers.…Read More
This paper addresses the recent trend of offering unlimited vacation to employees. While potentially useful for acquiring human capital benefits, unlimited vacation is a risky perk for firms due to the possibility of abuse.…Read More
University research-originated patented inventions are both becoming more numerous over time, and of higher “quality” as measured by standard social science metrics. Despite the significance of patented university research, it is difficult to observe the extent to which universities are able to capture the economic value from their patented inventions. …Read More
Seven pitfalls that companies need to steer clear of to effectively leverage this novel technology, and a framework to help gauge readiness for adoption.…Read More
When the Covid-19 pandemic struck some organizations were more vigilant and better prepared to absorb the shock and are emerging stronger. This article describes the best practices of these vigilant organizations that enabled them to be more adept at anticipating whatever surprises are coming next.…Read More
Mobile and Internet-of-things (IoT) devices increasingly enable tracking of user behavior, and they often provide real-time or immediate feedback to consumers in an effort to improve their conduct. Growing adoption of such technologies leads to an important question: “Does immediate feedback provided to users improve their behavior?”…Read More
This Mack Institute white paper offers managers guidance, with insights drawn from a best practices survey of 192 companies, for creating a useful dashboard of innovation metrics.…Read More
Firms tend to compete on prices more aggressively when they are in financial distress; the intensified competition in turn reduces firms’ profit margins, pushing them further into distress. Competitors’ aggressive pricing reactions could be attributed to both predatory and self-defensive incentives.…Read More
Does temptation decline over time? Recent studies have highlighted the importance of Pavlovian processes but less is known about how these responses change over time.…Read More
In pharmaceutical markets, there are evidences that after branded drugs lose patent exclusivity, the entries of first generic drug do not significantly bring the drug prices down.…Read More
Recent research suggests that diversity can provide a critical boost to organizational innovation. Indeed, organizations often espouse public goals to diversify their workforces, and past research has robustly shown that specific, quantified goals are more effective at motivating goal completion than ambiguous goals. …Read More
In this project, I investigate employee entrepreneurship as a key source of the incumbent disadvantage. …Read More
This proposal for research funding aims to develop a general tool using cutting edge machine learning methods to value patents.…Read More
Many technology products and platform markets are characterized by indirect network effects. These network effects arise when the benefit from using a product or a service increases with the use of a complementary product or service.…Read More
This proposal seeks to study the relationship between the hiring of immigrant high-skill workers and firm-level production innovation.…Read More
The goal of our project is to establish a measure of the physical probabilities and risk premia associated with low (zero) interest rate outcomes.…Read More
