When Time-Off Sparks Time-At-Work: Time-Off as a Source of Competitive Advantage for Innovation

Working Papers

The management view of human capital as a source of sustained competitive advantage
has driven research on how strategic human resource practices affect organizational performance. This paper focuses on how a firm’s time-off policy can be a source of competitive advantage in entrepreneurial settings, particularly for innovation.Read More

Pipes or Shackles? How Ties to Incumbents Shape Startup Innovation

Working Papers

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

Gender Differences in Communication and Investor Perceptions of Entrepreneurship Potential

Working Papers

Entrepreneurial start-up ventures are a major contributor to innovation and job creation in the U.S.  One critical task that entrepreneurs face is finding investors who are willing to provide the funding and resources that will allow the business to survive.Read More

Patent Value and Citations: Creative Destruction or Strategic Disruption?

Working Papers

Prior work suggests that more valuable patents are cited more and this view has become standard in the empirical innovation literature. Using an NPE-derived dataset with patent-specific revenues we find that the relationship of citations to value in fact forms an inverted-U, with fewer citations at the high end of value than in the middle.Read More

The Impact of Funding Sources on the Rate and Direction of Academic Biomedical Innovation

Funded Research Proposal

Given the large and growing role of academic entrepreneurs and inventors via patents, start-up development, and university-industry relationships, understanding how funding sources may impact academic scientists’ incentives is a crucial area for innovation research, particularly in the biomedical sciences. Read More

Standing by the Giants or Escaping the Battlefield: The Effect of FDI on Local Firm Creation – Evidence from China

Working Papers

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

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

Crowdfunding as a Font of Entrepreneurship: Outcomes of Reward-Based Crowdfunding

Published Research

Crowdfunding allows founders of for-profit, artistic, and cultural ventures to fund their efforts by drawing on relatively small contributions from a relatively large number of individuals using the internet, without standard financial intermediaries. Crowdfunding has been drawing substantial attention from policy makers, managers, and entrepreneurs, but relatively little notice from academics.Read More

The Importance of Social Entrepreneurship in National Systems of Innovation — An Introduction

Published Research

This special issue links “National Systems of Innovation” with “Social Entrepreneurship” to showcase how social entrepreneurship enables the diffusion of new technologies to make a social impact and engender “creative destruction” through the value generating activities of economic actors ranging from individuals, micro-enterprises to large organizations. Read More

Creating the Innovation Ecosystem for Renewable Energy via Social Entrepreneurship: Insights from India

Published Research

This paper examines how social entrepreneurship, at both the firm and institutional levels, fosters innovation and economic development. It draws on concepts from national innovation systems (NIS), complexity, ecosystems, and social entrepreneurship research to develop a framework for forming innovation ecosystems via social entrepreneurship. Read More

Organizational Decision-Making and Information: Angel Investments by Venture Capital Partners

Working Papers

We study information aggregation in organizational decision-making for the financing of entrepreneurial ventures. We introduce a formal model of voting where agents face costly tacit information to improve their decision quality.Read More

Social Is the New Financial: How Startup Social Media Activity Influences Funding Outcomes

Working Papers

In this project, we explore the impact of startup firms’ social media activities on their entrepreneurial financing performance. Social media can mitigate information problems in entrepreneurial financing in two ways.Read More

The Place of Entrepreneurship in “The Economics that Might Have Been”

Published Research

It is a familiar observation that entrepreneurship is not easily accommodated within the framework of neoclassical economic theory. Drawing inspiration from an ancient critique of neoclassicism by Veblen (Q J Econ 12(4):373–397, 1898), this paper attributes the difficulty to the tension between normative accounts of decision making (as in mainstream theory) and ideas of causation that are standard in the sciences.Read More