We plan to study the role of strategic delegation in the patent licensing process. In particular, we will examine the contractual terms of a large database of pharmaceutical drug license arrangements (royalty rates, contingencies, royalty bases, etc…), as well as which contractual terms were redacted versus non-redacted.…Read More
What is the impact of deploying an analytics solution on firm output? How is this impact generated by the firm? We use data from over 1,000 firms to estimate the causal impact of analytics and benchmarking on firm performance.…Read More
This project examines gender differences in founder’s human resource (HR) strategy and how such differences impact business outcomes, focusing on nascent ventures in high-tech innovative industries.…Read More
Questions and concerns about the replicability and generalizability of social science research are prominent today, and the management field is just starting to grapple with these issues. …Read More
We propose to study the impact of technological innovations in last-mile delivery on health care access, cost, and quality. To this end, we will examine the introduction of drones to deliver blood and other medical supplies to isolated areas in Rwanda.…Read More
The lean start-up approach has garnered tremendous amount of interest in recent years and has become mainstream among entrepreneurs. However, this practitioners’ conversation has been largely decoupled from the broader academic literature in management and technology strategy. …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
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
We study how collocation — geographic clustering of business establishments owned by the same parent company — influences the productivity of establishments over time.…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
Marketing is at the interface of the firm and its present and prospective markets, and is the organizational function that absorbs much of the environmental turbulence. …Read More
Managers have no shortage of advice on how to achieve organic sales growth through innovation. Prescriptions range from emulating the best practices of innovative companies like Amazon, Starbucks, and 3M to adopting popular concepts such as design thinking, lean startup principles, innovation boot camps, and co-creation with customers. …Read More
This paper explores whether innovation breakthroughs stimulate or impede future progress in individual innovation. On the one hand, one could argue that substantial improvements to the status quo might inspire advances through competition.…Read More
The extent to which workers adjust to labor market disruptions in light of increasing pressure from trade and automation commands widespread concern. Yet little is known about efforts that deliberately target the adjustment process. …Read More
Institutional environments are often considered exogenous in firms’ investment decisions. While the non-market strategy literature has discussed various approaches that firms may adopt to influence their interactions with institutions, such discussion is mostly absent in the analysis of market strategies. …Read More
To help firms make strategic decisions about blockchain, the Mack Institute introduces a new white paper laying out a road map and key questions for blockchain adoption.…Read More
We seek to explore how individuals evaluate the uncertainty during the nascent period of industry disruption, and to identify factors that can help improve their forecasting accuracy. To do so, we will draw on a recently developed research methodology of forecasting tournaments.…Read More
I examine the effects of proprietary information on corporate transparency and voluntary disclosure. To do so, I develop and validate two measures of firms’ reliance on trade secrecy: one based on 10-K disclosures and one based on subsequent litigation outcomes. …Read More
A well-known maxim in management is that “your people are your greatest asset”. Recruitment strategies in particular have been linked to firms’ innovative capacity, emphasizing the importance of maintaining competitive advantages in HR as a key goal of effective innovation management. …Read More
What’s the effect of FDI on firms in cities receiving foreign investment? Agglomerating or crowding out? This paper tries to answer this question by studying local firm creation using Chinese Business Registration data. …Read More
