Experimentation and Appropriability in Early-Stage Ventures: Evidence from the U.S. Software Industry

Working Papers

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

Situating the Construct of Lean Start-Up: Adjacent Conversations and Possible Future Directions

Published Research

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

A Theory of Experimentation in New Ventures

Working Papers

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

Trade Secrets and Innovation: Evidence from the “Inevitable Disclosure” Doctrine

Published Research

Does heightened employer‐friendly trade secrecy protection help or hinder innovation? By examining U.S. state‐level legal adoption of a doctrine allowing employers to curtail inventor mobility if the employee would “inevitably disclose” trade secrets, we investigate the impact of a shifting trade secrecy regime on individual‐level patenting outcomes. Read More

Experimentation, Learning, and Performance: Evidence from a RCT

Working Papers

Experimentation is the center of a fascinating debate among entrepreneurship practitioners. Inspired by the lean startup, much current practice advocates the intense use of experimentation. Conversely, a large entrepreneurship tradition emphasizes the importance of design and planning. Read More

Industry and Academic Perspectives on VC Investment Strategy

The gap between business research and industry practice can loom large at times, but bridging it is essential to ensuring that research is relevant to the outside world. For graduate students at the Wharton School, the Mack Innovation Doctoral Association intends to narrow that gap.Read More

Motivational and Behavioral Factors in Entrepreneurial Decision-Making

Funded Research Proposal

Broadly speaking, this study is investigating how extrinsic and intrinsic motives affect entrepreneurial behavior and, in particular, innovative activity by nascent entrepreneurs. Specifically, it is interested in understanding when and how status motivation induces entrepreneurs to pursue innovative business ideas.Read More