Latest Published Research
Organizational Change and the Dynamics of Innovation: Formal R&D Structure and Intrafirm Inventor Networks

Prior research has argued and shown that firms with centralized R&D produce broader innovations relative to decentralized firms, but the organizational mechanisms underlying this relationship are underexplored. This gap limits our understanding of whether and how formal R&D structure can be used as a lever to influence research outcomes. Read More
Does Crowdfunding Benefit Entrepreneurs and Venture Capital Investors?

We study how a new development in entrepreneurship—crowdfunding—interacts with more traditional financing sources, such as venture capital (VC) and bank financing. Read More
Data Analytics, Innovation, and Firm Productivity

This study focuses on how data analytics talent in firms can have an effect on firms’ return on their technology investment. Especially with the rise of social media, cloud computing, as well as many other technologies that can capture detailed digital trace about various human interactions, we hope to understand how some firms can capture ...Read More
How Do Product Attributes and Reviews Moderate the Impact of Recommender Systems through Purchase Stages?

We investigate the impact of several different recommender algorithms (e.g., Amazon.com’s “Consumers who bought this item also bought”), commonly used in ecommerce and online services, on sales volume and diversity, using field experiment data on movie sales from a top retailer in North America. Read More
Competition, Technology Licensing-in, and Innovation

Although the relationship between competition and firm innovation has long been of scholarly interest, prior research has predominantly considered changes in internal research and development (R&D) as a strategic response to competitors’ actions. Read More
Organizing Knowledge Production Teams Within Firms for Innovation

How should firms organize their pool of inventive human capital for firm-level innovation? Although access to diverse knowledge may aid knowledge recombination, which can facilitate innovation, prior literature has focused primarily on one way of achieving that: diversity of inventor-held knowledge within a given knowledge production team. Read More
Converting Strategic Ambiguity to Competitive Advantage: How Philips Lighting Solved the Challenge of LED Technology Disruption

George Day, Geoffrey T. Boisi Professor Emeritus, The Wharton School, Paul J. H. Schoemaker, Q2 Technologies LLC, and Govi Rao Strategy & Leadership, Vol. 48 No. 2 Read More
Progress and Setbacks: The Two Faces of Technology Emergence

Emerging technologies are an important driver of economic growth. However, the process of their emergence may not only be characterized by technological progress but also by setbacks. We offer a perspective on technology emergence that explicitly incorporates setbacks into the technology’s evolution and explains how industry participants may react to setbacks in emerging technologies. Read More
Fostering Sustainability through Ecosystems for Renewable Energy in India

This paper focuses on promoting the sustainability of renewable energy ecosystems to ensure socio-economic development. This is critical for emerging economies where rising demand for energy is likely to deplete resources rapidly. Read More
Higher Market Thickness Reduces Matching Rate in Online Platforms: Evidence from a Quasi-Experiment

Market thickness is a key parameter that can make or break a platform’s business model. Thicker markets can offer more opportunities for participants to meet and higher chances that a potential match would exist. Read More