We assemble original data on cryptocurrency regulations worldwide and use them to empirically examine movement in trading activity at a number of exchanges following key regulatory announcements. …Read More
This study aims to measure the impact of General Data Protection Regulations on firms and consumers. Specifically, we plan to document GDPR’s impact on consumers search and discovery of products, and firm’s ability to reach out and sell to a broad set of consumers.…Read More
This study examines the extent to which firms that are collaborating with other firms in a particular area of business subsequently change modes of governance and undertake independent activities in the same area of business. …Read More
Transition services agreements (TSAs) are an important tool that companies use to manage the process of separating business units from their former corporate parents in spinoff transactions. …Read More
This paper investigates the cor-porate parenting advantage, the extent to which corporate parents improve the performance of theirsubsidiaries. …Read More
The goal of our paper is to study whether machine learning can be used to infer tips that can help workers learn to make better decisions. …Read More
Few studies have examined the impact of divestitures on the innovation performance of firms. In particular, little attention has been paid into how the divestiture of firms’ non-core businesses could influence the innovation outcomes of their core businesses. …Read More
Group formation tends to involve peer effects. I provide a new sufficient condition for the non-emptiness of the core of network formation games that involve pairwise complementarities between peers.…Read More
A recent rapid-automation movement has been displacing routine labor and has sparked a series of discussions about taxation on automation such as a robot tax. However, the government’s dilemma is that the planner may want to tax such physical capital that displaces routine labor for redistributive motives but does not want to tax other physical capital that increases such workers’ productivities.…Read More
The PCMH model has significant impact on patterns of health care utilization, especially when heterogeneity in implementation is accounted for in program evaluation.…Read More
We construct a sample of approximately 20,000 “twin” scientific articles, which allows us to hold constant differences in the nature of the advance and more precisely examine characteristics that predict startup commercialization.…Read More
Commuting is costly for employees, but is it costly for employers in terms of lost productivity? We study the causal effects of commuting distance on inventor productivity. Specifically, we estimate how inventor productivity changes when their employer relocates.…Read More
Experimentation has been the center of a fascinating debate among entrepreneurship practitioners throughout the past decade. While intellectually stimulating and practically relevant, this discussion has received little attention from management research, and therefore has no scientific support. …Read More
We study how to optimally structure such consumer communities when the objective is to maximize the total or average amount of effort expended. …Read More
This study examines the tension between learning and appropriability in the experimentation process of early-stage ventures. I build a stylized model to argue that, when formal intellectual property is weak, the learning benefit of experimentation may be offset by its imitation risk. …Read More
Across three studies, we examine how disparities in funding outcomes may be due to differences in how entrepreneurs communicate their ventures, whereby female entrepreneurs have a tendency to use more concrete language when describing their ventures than do their male counterparts.…Read More
Today’s marketing organizations face unprecedented turbulence and complexity. To anticipate and adapt to fast changing customer preferences and environments, executives seek to make their internal organizations nimble and agile by constantly developing, integrating, and reconfiguring new capabilities. …Read More
Studying factors that influence adoption of new products and technologies lies at the heart of marketing. In this paper, we study a manager’s decision to adopt automation for a production process.…Read More
Many large firms try to encourage entrepreneurial initiatives by their employees, but the question of which employees undertake such initiatives has not been explored. In this study, we argue that the formal division of labor within a firm affects employees’ likelihood of engaging in internal corporate venturing. …Read More
We frame the supply chain disruptions caused by disasters as a tradeoff between continuity and competitiveness and adopt a capability-based approach to managing this tradeoff.…Read More
