We examine how wealth windfalls affect self-employment decisions using data on cash payments from claims on Texas shale drilling to people throughout the United States. Individuals who receive large wealth shocks (greater than $50,000) have 51% higher self-employment rates.…Read More
Four student teams wowed the judges at the 2020 Y-Prize Competition and took home prize money to invest in their ideas about how to repair and harvest energy from metal.…Read More
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
Miranda Wang, Co-founder and CEO of BioCellection, describes her venture’s new commercial approach to the problem of plastics.…Read More
The electric vehicle market seems poised to take off, with high demand for Tesla’s Model 3 and growing attention from big automakers. Yet challenges that stalled EV growth in the past, namely sparse charging infrastructure and high costs, persist. John Paul MacDuffie looks at the role policymakers can take to support, or sink, the EV renaissance.…Read More
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
The past decade has witnessed an explosion in research at the intersection of markets and social movements, with an increasing acknowledgment of social movements as key drivers of change in organizations and markets. Social movements create new products and markets, change practices in existing organizations, and can have profound impacts on the commercialization of innovation. …Read More
This paper focuses on how the use of renewable energy technologies such as biogas can help to achieve environmental and socio-economic sustainability. It combines research on sustainable consumption and production, natural and industrial ecosystems and renewable energy adoption. …Read More
At an event hosted by the Mack Institute and the Kleinman Center for Energy Policy, Dr. Daniel Sanchez proposed a new commercial strategy for adopting carbon-negative energy systems.…Read More
How soon will autonomous vehicles transform how humans get around? Join our newly expanded Forecasting Challenge to help us predict the future of mobility.…Read More
Are we on the cusp of an electric vehicle “tipping point”? Join the Electric Vehicle Forecasting Challenge to help us find out.…Read More
Gita Surie explains how half of India’s population has little or no access to reliable energy, which means that 600 million people in rural India have a significant problem.…Read More
If I had a nickel for every time I forgot to recycle, I would approach Richard Branson status. But even Branson himself, the billionaire founder of Virgin Group, has taken the initiative to promote more responsible behavior when it comes to our planet, a move that Wharton-sponsored research says could…Read More
This paper uses complex systems theory to develop a conceptual model that suggests how development can be catalyzed by leveraging innovation in both technology and social organization to solve socioeconomic problems for developing country populations.…Read More
Talking about “green technology” gets people excited. It’s thrilling to think that a new wave of inventions and discoveries will revolutionize the way we live, halt the degradation of our planet and conserve resources for future generations. And it’s more than just talk: Investors are committing real dollars.…Read More
