The main aim of this project is to understand how online aggregators such as TripAdvisor or Yelp have impacted competition in the restaurant market, and whether and how much they have benefited consumers.…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
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
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
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
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
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
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
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
David Hsu, Management, The Wharton School, Qingqing Chen, PhD Candidate in Business Economics, The Wharton School, and David Zvilichovsky, Coller School of Management, Tel Aviv University Abstract: How does inventor team “commingling” (containing inventors from the acquiring and acquired firms) in technology startup acquisitions relate to innovation outcomes? Commingling reflects…Read More
Evan Rawley, Associate Professor of Management, University of Connecticut, and Robert Seamans, Stern School of Business, NYU Abstract: We study how internal agglomeration—geographic clustering of business establishments owned by the same parent company—influences establishment productivity. Using Census microdata on the population of U.S. hotels from 1987-2007, we find that doubling the…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
Product innovation can result from the novel design and combination of product components as well as from changing the underlying product architecture, that is, the way components interact with each other.…Read More
