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Publications

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    • People  (3)
    • News  (259)
    • Research  (316)
  • Faculty Publications  (46)

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  • All HBS Web  (745)
    • People  (3)
    • News  (259)
    • Research  (316)
  • Faculty Publications  (46)
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  • 04 Dec 2012
  • First Look

First Look: December 4

Vikram Sunderam Publication:Journal of Financial Economics (forthcoming) Abstract We present a model that helps explain several past collapses of securitization markets. Originators issue too many informationally insensitive securities in... View Details
Keywords: Carmen Nobel
  • 01 Jul 2013
  • Research & Ideas

Crowdfunding a Poor Investment?

When Congress passed President Obama's JOBS Act in March 2012, one of the most intriguing provisions would enable crowdfunding—the ability for large groups of anonymous investors to fund startups. More than... View Details
Keywords: by Michael Blanding; Financial Services
  • 07 Mar 2005
  • Research & Ideas

The Rise of Innovation in Asia

in the U.S. may soon have as much to fear about losing their jobs to overseas competitors as call center employees do today. Executives debated "The Present and Future of Innovation in Asia" during the 2005 Asia Business... View Details
Keywords: by Sean Silverthorne
  • 23 Apr 2008
  • Op-Ed

The Gap in the U.S. Treasury Recommendations

same financial oversight as the prudential regulator. Risk Still In Play The difficulty with this approach is that even if the prudential regulator does its job of managing risk well, the risk in the financial system will not disappear.... View Details
Keywords: by Dwight Crane; Banking; Construction; Real Estate; Financial Services
  • 21 Jul 2014
  • Research & Ideas

Is a Gap in Small-Business Credit Holding Back the American Economy?

the nation's private sector workforce—about 120 million people—but since 1995 they have created approximately two-thirds of the net new jobs in our country. They are also instrumental in driving the innovation that provides a competitive... View Details
Keywords: by Karen Mills; Manufacturing
  • 22 Sep 2020
  • Research & Ideas

Recessions Push Some Entrepreneurs to Launch Too Soon

Entrepreneurial success may depend on more than a great idea, plenty of connections, and financial backing, new research suggests. The entrepreneur’s job security may also play a significant role. Uncertain... View Details
Keywords: by Sean Silverthorne
  • 15 Jul 2008
  • First Look

First Look: July 15, 2008

distributional issues, and the likely effects of reforms to tax provisions such as the AMT are considered. Download the paper from SSRN.com ($5): http://www.nber.org/papers/w14149 Inexperienced Investors and Bubbles Authors:Robin... View Details
Keywords: Martha Lagace
  • 24 Jul 2000
  • Research & Ideas

Linking the Globe: The Role of Media and Communications

CEO Peter Job from the U.K. and the panel's moderator, HBS Professor Debora Spar, for a look at the critical role of the media industry in how today's global information revolution plays out. "The media industry," said Spar in... View Details
Keywords: by Kenneth Liss; Information; Publishing; Journalism & News; Media & Broadcasting
  • 03 Dec 2008
  • What Do You Think?

Can Housing and Credit be “Nudged” Back to Health?

thieves ...." Cole Woodson added, "The hope of nudging the economy in any direction is hoping for a miracle.... No securities of any type should even be allowed to be sold in the marketplace without government approval and some... View Details
Keywords: by Jim Heskett
  • 12 Jan 2010
  • First Look

First Look: Jan. 12

direct or indirect? Are agreements constructed from general principles "down" or from specific provisions "up"? And so on. The bulk of this essay develops these two points but with some strong caveats against... View Details
Keywords: Martha Lagace
  • 03 Nov 2016
  • Op-Ed

Forget About Making College Affordable; Make it a Good Investment

America’s more than $1 trillion in student loan debt. Indeed, some college graduates with student loans have not secured employment sufficiently remunerative to meet their financial obligations. Others are struggling to escape a heavy... View Details
Keywords: by Joseph Fuller; Education
  • 23 Mar 2003
  • Research & Ideas

Globalization: Little Impact on the Continent

particularly textiles and agriculture, to compete globally. He said it is estimated that 27 million jobs in the developing world have not been created due to subsidies on farm and textile products in developed countries. According to... View Details
Keywords: by Julie Jette
  • 23 Jul 2001
  • Research & Ideas

How Relationships are Building Biotech

wrote. Higgins and Gulati discovered that the top executives' connections established in their previous jobs had a large, and positive, effect on biotech companies in terms of securing resources. Together... View Details
Keywords: by Martha Lagace & Mallory Stark
  • 14 Mar 2016
  • Research & Ideas

The Surprising Connection between 1930s Weather and Today's Labor Unions

There’s something curious about the labor force in the United States. Identical jobs and industries have become unionized in some states while remaining nonunionized in others. Unionization levels vary greatly from state to state. As of... View Details
Keywords: by Carmen Nobel
  • 19 Jun 2007
  • First Look

First Look: June 19, 2007

also show that the internal control provisions of section 404 of Sarbanes-Oxley make royalty arrangements based on self-reporting more attractive. Download the paper: http://www.hbs.edu/research/pdf/07-100.pdf Toward a Theory of... View Details
Keywords: Martha Lagace
  • 29 May 2020
  • Op-Ed

How Leaders Are Fighting Food Insecurity on Three Continents

COVID-19 is creating unprecedented strains on food security worldwide. The United Nations' World Food Programme warns that the pandemic could almost double the number of people facing food crises in low- and middle-income populations to 265 million by the end of 2020.... View Details
Keywords: by Howard Stevenson and Shirley Spence; Agriculture & Agribusiness
  • 23 Apr 2020
  • Research & Ideas

This Crisis Loan Program Preserved Jobs—and Made Money

negative” cost for the French government. The loan guarantee program likely prevented the loss of roughly 217,000 jobs over a seven-year period ending in 2015, at a gross cost to the government of about 3,200 euros, or about $3,500, per... View Details
Keywords: by Rachel Layne; Financial Services
  • 04 Mar 2013
  • Lessons from the Classroom

Lessons from Running GM’s OnStar

impossible competition from the eventual world of smartphones. Fortunately, the team decided to focus Project Beacon on driver security and safety. Unknowingly, they were employing Christensen's now-famous "jobs-to-be-done"... View Details
Keywords: by Carmen Nobel; Auto
  • 01 Oct 2001
  • Research & Ideas

Five Questions for Stuart Gilson

were given a majority of the company's stock in exchange for almost $5 billion in wage and benefit concessions. The two cases are fascinating contrasts. Scott Paper's restructuring involved large-scale job reductions, while United's gave... View Details
Keywords: by Sean Silverthorne
  • 13 Sep 2012
  • Research & Ideas

Why Public Companies Underinvest in the Future

possible," Farre-Mensa stresses. One way to do this is by tying managerial compensation to a firm's long-term performance, including clawback provisions if future poor results turn out to be due to bad management. For investors in... View Details
Keywords: by Maggie Starvish
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