Watershed Moments and Market Emergence: The Rise of the New Space Market

Working Papers

In this paper, we explore how an industry’s watershed moments – vivid, publically salient, emotionally resonant events – can drive the emergence of a new market. Our empirical context is the New Space market, a growing number of new, private companies developing and using spaceflight-access technologies. Read More

Inequality Aversion When the Reward is Scarce: The Case of Salary vs. Equity Compensation

Working Papers

Do workers have different equality preferences depending on the type of payoff? In many firms, the distribution of equity compensation is more equal than the distribution of salary. We design an experimental group production game to examine how workers respond to combinations of different distributions of equity and salary.Read More

Exploring the Effects of Construal-Level in Entrepreneurship Pitches

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

When to Find a Partner: Intrinsic Motivation and Partnership Gains in Early-Stage Entrepreneurial Firms

Working Papers

Entrepreneurs and entrepreneurial firms are often the drivers of innovation, and success for entrepreneurial firms often means development and introduction of innovative products and services. This project examines the role that having a partner plays in early-stage entrepreneurial firm performance.Read More