- 16 Oct 2018
- First Look
New Research and Ideas, October 16, 2018
Paddle board firm rides its next wave ... The highs and lows of exchange rates ... Open platforms transform the computer industry.
- 15 Oct 2018
- Research & Ideas
Shaky Business: How Handshakes Win Negotiations
A handshake before a negotiation can have a surprisingly strong effect on the outcome, according to Michael Norton, Francesca Gino, and colleagues. Open for comment; 0 Comments.
- 11 Oct 2018
- Cold Call Podcast
Baseball’s Billy Beane Shows Companies the Power of Data
With a relatively small payroll, the Oakland A's baseball team remains competitive by being smarter about data. Srikant Datar discusses the "Moneyball" strategy and how it can be applied in business. Open for comment; 0 Comments.
- 10 Oct 2018
- Research & Ideas
The Legacy of Boaty McBoatface: Beware of Customers Who Vote
Companies that encourage consumers to vote online should be forewarned—they may expect more than you promise, according to research by Michael Norton, Leslie John, and colleagues. Open for comment; 0 Comments.
- 09 Oct 2018
- Working Paper Summaries
Towards a New Approach for Upgrading Europe’s Competitiveness
Is the EU’s model of European integration a driver or a barrier towards higher European prosperity? This paper analyzes why the integration model that was successful in the past has lost effectiveness, and sets out strategic principles to guide a new approach. Integration remains key for upgrading European competitiveness, but needs to move towards a new form.
- 09 Oct 2018
- First Look
New Research and Ideas, October 9, 2018
Is cash the best motivator for employees? ... The quest for personal data vs. consumer privacy ... The reinvention of a chocolate business.
- 08 Oct 2018
- Working Paper Summaries
Developing Theory Using Machine Learning Methods
This paper provides a step-by-step roadmap for using machine learning (ML) techniques to explore novel and robust patterns in data. It introduces management researchers to a new use case for ML tools: building new theory from quantitative observational data. Open for comment; 0 Comments.
- 08 Oct 2018
- Research & Ideas
Knowing What Your Boss Earns Can Make You Work Harder
Learning what your co-worker earns can make you less productive, but knowing your manager's paycheck can motivate you to work harder. Research by Zoë Cullen. Open for comment; 0 Comments.
- 04 Oct 2018
- Working Paper Summaries
Corruption, Government Subsidies, and Innovation: Evidence from China
Governments subsidize a growing number of innovation efforts, many of which may face the challenge of corruption. Using Chinese data, this study finds corruption-related distortions in government R&D subsidies, which diminished after the 2012 anti-corruption campaign and rotation of provincial officials. It provide insights for designing effective R&D subsidy programs.
- 04 Oct 2018
- Research & Ideas
Diversity Boosts Profits in Venture Capital Firms
VC firms that score high in diversity among their partners also tend to be more profitable, according to Paul Gompers. Open for comment; 0 Comments.
- 03 Oct 2018
- What Do You Think?
How Should Managers Deal with the Challenges of Building an Inclusive Workplace?
SUMMING UP Few doubt the benefits of a diverse workplace. James Heskett's readers offer insights on the most effective management approaches to inclusion. Open for comment; 0 Comments.
- 02 Oct 2018
- Managing the Future of Work
Ep 14: The gift of global talent: Why talented people are the world’s most precious resource
In a special episode, Professor Bill Kerr talks with co-host Professor Joe Fuller about his new book on global talent. Talent, Bill argues, is the world’s most precious resource. It is the most important factor in driving innovation – critical in today’s knowledge economy. Though the US is the world leader in attracting global talent – a key driver of its phenomenal growth – the world around it is catching up. Can the US retain its edge or will it allow other countries to rise to the top?
- 02 Oct 2018
- First Look
New Research and Ideas, October 2, 2018
Consumers buy more products to get free shipping ... Boards say innovation isn’t a top priority ... Sentiments about the EU appear brighter.
- 01 Oct 2018
- Book
Is the US Losing its Ability to Attract Highly Skilled Migrant Workers?
As debates sharpen on the benefits and drawbacks of migrant labor, William R. Kerr's new book explores why global talent flows matter to national economic development and security. Book excerpt and author interview. Open for comment; 0 Comments.
- 01 Oct 2018
- Working Paper Summaries
Negative Shocks and Innovation: Evidence from Medical Device Recalls
This study examines Food and Drug Administration data on all medical device approvals and recalls over the years 2003-2015, finding that firms slow down their own innovation processes in response to recalls, while their direct competitors accelerate innovative activities. Recalls may thus pose a greater strategic disadvantage than previously understood.
- 28 Sep 2018
- Working Paper Summaries
Rankings Matter Even When They Shouldn't: Bandwagon Effects in Two-Round Elections
Results of the French parliamentary and local elections since 1958 show that candidates ranked higher in the first round are more likely to stay in the race for the second round and win it. Arriving first instead of second and second instead of third increases winning by 5.8 and 9.9 percentage points, respectively.
- 27 Sep 2018
- Working Paper Summaries
UK Competitiveness after Brexit
This paper discusses the UK’s economic performance and policy approach in the run-up to the June 2016 Brexit referendum, analyzes the impact of European Union membership and loss of membership on UK competitiveness, and sets forth a new strategic agenda to enhance UK competitiveness in the post-Brexit era.
- 27 Sep 2018
- Working Paper Summaries
Large-Scale Demand Estimation with Search Data
Online retailers face the challenge of leveraging the rich data they collect on their websites to uncover insights about consumer behavior. This study proposes a practical and tractable model of economic behavior that can reveal helpful patterns of cross-product substitution. The model can be used to simulate optimal prices.
- 27 Sep 2018
- Working Paper Summaries
Ratcheting, Competition, and the Diffusion of Technological Change: The Case of Televisions Under an Energy Efficiency Program
The diffusion of innovation in many markets is greatly influenced by the presence of policy intervention. Importantly, diffusion is further affected by the fact that firms often also have a say in affecting the implementation of policy. This analysis of the Japanese TV market suggests that firms may delay the introduction of more high quality products when there are across-the-board policy standards.
Shipping Fees and Product Assortment in Online Retail
This study highlights a strong link between an online retailer’s product assortment decisions and shipping policies in determining purchase outcomes and profits. Consumers are less sensitive to shipping fees than to product prices, but free shipping for orders above the minimum is a strong motivator for increasing average basket sizes.