Innovation Management Research

Collaboration between industry and academia drives innovation forward, but creating a successful partnership—and measuring its impact—is more challenging than it might appear. We spoke to Wharton’s David Hsu about his new paper, forthcoming in Management Science, on what makes industry-university collaboration successful, the importance of viewing innovation as a long-term investment, and why you can ...Read More

Mack Institute Research Assistant Lennart Meincke and Wharton Associate Professor of Management Andrew Carton have released a new working paper in our series of working papers on ChatGPT spearheaded by Mack Faculty Director Christian Terwiesch. The new paper, entitled “Beyond Multiple Choice: The Role of Large Language Models in Educational Simulations,” compares feedback on student ...Read More

Mack Institute Research Assistant Lennart Meincke, Wharton Professor Ethan Mollick and Mack Institute Co-Director and Wharton Professor Christian Terwiesch have published the next in Terwiesch’s series of working papers on ChatGPT. The new paper evaluates how LLMs can be used for idea generation and explores methods to increase the novelty, quality and dispersion of AI-generated ...Read More

Advances in technology change the way consumers search and shop for products. Emerging is the trend of home-shopping devices such as Amazon’s Alexa and Google Home, which allow consumers to search or order products. We investigate how consumer brand and technology preferences may interact with the functionalities of technology-enabled shopping (TES) devices to determine the ...Read More

Christian Terwiesch, Mack Institute co-director and Wharton Professor of Operations, Information and Decisions, continues his exploration of Generative AI with a new paper entitled “Can AI Provide Ethical Advice?” Co-authored with Lennart Meincke, the paper details an experiment that pits advice from the New York Times famous “The Ethicist” column against advice generated by ChatGPT. The ...Read More

Vigilant organizations excel at seeing looming threats and embryonic opportunities sooner than rivals, which prepares them to act faster when needed. Four drivers distinguish vigilant from vulnerable organizations, which can be used to design a roadmap to improve organizational acuity and preparedness. Read More

We examine the role of non-venture private equity (PE) firms as intermediaries in the market for corporate assets. We argue that in order to create and capture value by acquiring established businesses and selling them to corporate buyers, PE firms must possess at least one of three potential advantages: they must be able to identify ...Read More

In this study, we aim to quantify the impact of information provision on jobseeker attention and applications. We explore how firms may improve job ad effectiveness through obtaining and maintaining a “company page” on an online job search platform. We study the implications of these firm actions on job ad performance and for jobseekers’ search. ...Read More

This project studies how algorithmic governance affect economic coordination in the context of blockchain-based organizations. Specifically, the project studies the algorithmic governance structures adopted among decentralized exchange protocols deployed on blockchains. The project documents and develops frameworks to understand variation in the kinds of structures adopted. In addition, the project examines how the adoption of ...Read More

We extend recent studies on how gender shapes subordinate-supervisor interactions by documenting that employees may, under some conditions, negatively stereotype female supervisors in ways that make them more risk averse when choosing the form of compensation. we use employer-employee matched data from Sweden for the period 1991-2021 to assess whether an employee’s chosen compensation in ...Read More