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  • All HBS Web  (10,602)
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  • All HBS Web  (10,602)
    • People  (35)
    • News  (2,505)
    • Research  (6,197)
    • Events  (31)
    • Multimedia  (134)
  • Faculty Publications  (4,681)
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  • 18 Nov 2013
  • Video

Investing in Change

  • 18 Jun 2001
  • Research & Ideas

Tech Investment the Wise Way

familiarly know as "technology push." In such cases, enthusiasm for a novel technology, especially when combined with hunger for revenue growth, can lead to investments in commercializing innovations without sufficient scrutiny... View Details
Keywords: by Henry Chesbrough & Richard S. Rosenbloom
  • August 2024
  • Teaching Plan

Generation Investment Management: Sustainable Investing in a Warming World

By: Vikram S Gandhi and David Allen
Teaching Plan for HBS Case No. 324-043. View Details
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Gandhi, Vikram S., and David Allen. "Generation Investment Management: Sustainable Investing in a Warming World." Harvard Business School Teaching Plan 325-038, August 2024.

    Three Trends Driving Impact Investing

    Vikram Gandhi and Peter Boockvar, CIO at Bleakley Advisory Group, join "Squawk Box" to discuss why investing for impact seems to be growing and why investors should approach it with caution. View Details
    • January 2022 (Revised December 2022)
    • Case

    TotalEnergies’ Investment in Hyzon Motors

    By: Vikram S. Gandhi and David Lane
    In November 2021, Girish Nadkarni, the head of TotalEnergies’ corporate venture capital arm (TEV) was considering whether, and on what terms, to exit an investment in Hyzon Motors, a start-up supplier of hydrogen-powered trucks. TEV had invested $4 million in Hyzon,... View Details
    Keywords: Business Units; Communication Intention and Meaning; Renewable Energy; Venture Capital; Growth and Development Strategy; Market Design; Standards; Commercialization; Investment Portfolio; Market Transactions; Energy Industry; Financial Services Industry; Transportation Industry; Europe; New York (city, NY)
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    Gandhi, Vikram S., and David Lane. "TotalEnergies’ Investment in Hyzon Motors." Harvard Business School Case 822-019, January 2022. (Revised December 2022.)
    • 01 Oct 2020
    • News

    The Investment Banker Turned Teacher

    • November 2013
    • Article

    Investment Cycles and Startup Innovation

    By: Ramana Nanda and Matthew Rhodes-Kropf
    We find that VC-backed firms receiving their initial investment in hot markets are more likely to go bankrupt, but conditional on going public are valued higher on the day of their IPO, have more patents, and have more citations to their patents. Our results suggest... View Details
    Keywords: Innovation; Market Cycles; Financing Risk; Risk and Uncertainty; Venture Capital; Investment; Innovation and Invention
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    Nanda, Ramana, and Matthew Rhodes-Kropf. "Investment Cycles and Startup Innovation." Journal of Financial Economics 110, no. 2 (November 2013): 403–418.
    • August 2000 (Revised July 2002)
    • Background Note

    Fundamental Enterprise Valuation: Invested Capital

    By: Carliss Y. Baldwin
    A technical note that defines invested capital (IC). View Details
    Keywords: Business Ventures; Valuation; Capital
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    Baldwin, Carliss Y. "Fundamental Enterprise Valuation: Invested Capital." Harvard Business School Background Note 801-122, August 2000. (Revised July 2002.)
    • November 2023
    • Article

    Algorithmic Mechanism Design with Investment

    By: Mohammad Akbarpour, Scott Duke Kominers, Kevin Michael Li, Shengwu Li and Paul Milgrom
    We study the investment incentives created by truthful mechanisms that allocate resources using approximation algorithms. Some approximation algorithms guarantee nearly 100% of the optimal welfare, but have only a zero guarantee when one bidder can invest before... View Details
    Keywords: Mechanism Design; Market Design; Auctions
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    Akbarpour, Mohammad, Scott Duke Kominers, Kevin Michael Li, Shengwu Li, and Paul Milgrom. "Algorithmic Mechanism Design with Investment." Econometrica 91, no. 6 (November 2023): 1969–2003.
    • February 2008 (Revised May 2008)
    • Case

    Tad O'Malley: The Investment Conundrum

    By: Felda Hardymon, Josh Lerner and Ann Leamon
    Tad O'Malley has just started as an associate with Empire Investment Group. He must evaluate three investment opportunities facing the big leveraged buyout firm. All are global, but each pertains to different offices and each deal has different strengths and... View Details
    Keywords: Leveraged Buyouts; Decision Choices and Conditions; Private Equity; Investment; Strength and Weakness; Negotiation Deal; Personal Development and Career
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    Hardymon, Felda, Josh Lerner, and Ann Leamon. "Tad O'Malley: The Investment Conundrum." Harvard Business School Case 808-125, February 2008. (Revised May 2008.)
    • 2012
    • Chapter

    Foreign Direct Investment and Growth

    By: L. Alfaro and M. S. Johnson
    This paper examines the evolution of the literature on the relationship between foreign direct investment (FDI) and growth in host countries, particularly developing countries. It provides a broad overview, with a focus on two elements that have recently become... View Details
    Keywords: Economic Growth; Spillovers; Complementarity; Mechanism; Globalization; Foreign Direct Investment
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    Alfaro, L., and M. S. Johnson. "Foreign Direct Investment and Growth." Chap. 20 in The Evidence and Impact of Financial Globalization, edited by Gerard Caprio, 299–309. Elsevier, 2012.
    • February 1999 (Revised March 1999)
    • Exercise

    Investment Analysis Exercises

    By: Dwight B. Crane and Penny Joseph
    To teach present value analysis. View Details
    Keywords: Investment
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    Crane, Dwight B., and Penny Joseph. "Investment Analysis Exercises." Harvard Business School Exercise 299-049, February 1999. (Revised March 1999.)
    • September 1994
    • Case

    Investing in China

    By: Kenneth A. Froot, Jay O. Light and Jon Headley
    Keywords: Investment; China
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    Froot, Kenneth A., Jay O. Light, and Jon Headley. "Investing in China." Harvard Business School Case 295-025, September 1994.
    • 1993
    • Book

    Foreign Direct Investment

    By: K. Froot
    Keywords: Corporate Finance; Market Imperfections; Foreign Direct Investment; Financial Instruments; Markets; Asset Pricing
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    Froot, K., ed. Foreign Direct Investment. Chicago: University of Chicago Press, 1993.
    • September 2018
    • Case

    Advent International: Kroton Investment

    By: Victoria Ivashina, Ruth Kostas and Priscilla Zogbi
    Keywords: Private Equity; Acquisition; IPO; Valuation; Education; Distance Learning; Turnaround; Growth; Exit; PE; Buyer; Middle-class; Low Income; K-12; Entrepreneur; Family Business; University; College; Consolidation; Fragmentation; Penetration; Value; Shares; Control; Negotiation; Equity; Transaction; Board; Majority; Minority; Post-secondary; Leverage; Campus; Deal; Shareholder; Tag Along; Brazil; Latin America
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    Ivashina, Victoria, Ruth Kostas, and Priscilla Zogbi. "Advent International: Kroton Investment." Harvard Business School Case 219-035, September 2018.
    • July 2012 (Revised July 2012)
    • Case

    RMS: Investing in Chinese Timberland

    By: Andre F. Perold
    The protagonist is considering acquiring a timber property located in rural China, a region where almost no timberland investment has taken place. The question is how to value the property, including understanding the appropriate risk-adjusted return. View Details
    Keywords: Valuation; Property; Foreign Direct Investment; Real Estate Industry; China
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    Perold, Andre F. "RMS: Investing in Chinese Timberland ." Harvard Business School Case 213-002, July 2012. (Revised July 2012.)
    • 25 Apr 2014
    • News

    Investing in Innovation

    and society have never been more divided. Even as the economy has recovered, trust has not. As business leaders, we need to remind the public that business is a force for good and is fundamental to societal progress by creating jobs, View Details
    Keywords: HBS Fund; Educational Services
    • November 2010 (Revised August 2016)
    • Case

    The Changing Face of Angel Investing

    By: William A. Sahlman and Evan Richardson
    Angel investors Ram Shriram, Mike Maples, Eric Paley, James Geshweiler, and Jim Southern discuss their investment philosophies and the changing landscape of angel investing. Questions include: • How has angel investing changed in the last few years? • How do you... View Details
    Keywords: Investment; Venture Capital; Investment Funds
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    Sahlman, William A., and Evan Richardson. "The Changing Face of Angel Investing." Harvard Business School Case 811-046, November 2010. (Revised August 2016.)
    • 2007
    • Working Paper

    Intra-Industry Foreign Direct Investment

    By: Laura Alfaro and Andrew Charlton
    We use a new firm level data set that establishes the location, ownership, and activity of 650,000 multinational subsidiaries—close to a comprehensive picture of global multinational activity. A number of patterns emerge from the data. Most foreign direct investment... View Details
    Keywords: Multinational Activity; Horizontal FDI; Vertical FDI; Stages Of Production; Multinational Firms and Management; Business Subsidiaries; Foreign Direct Investment; Competency and Skills; Production
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    Alfaro, Laura, and Andrew Charlton. "Intra-Industry Foreign Direct Investment." NBER Working Paper Series, No. 13447, September 2007.
    • December 2006
    • Case

    Southern Company's Investment in CEMIG

    In the spring of 1997, Southern Company had the opportunity to acquire a significant portion of the electric utility in the Brazilian state of Minas Gerais. The shares in the utility, CEMIG, were being sold by the state government as part of a comprehensive... View Details
    Keywords: Corporate Strategy; Privatization; Investment; Acquisition; Globalized Markets and Industries; Utilities Industry; Brazil
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    Ghemawat, Pankaj, Raymond Hill, and L.G. Thomas. "Southern Company's Investment in CEMIG." Harvard Business School Case 707-512, December 2006.
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