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  • All HBS Web  (1,948)
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    • News  (624)
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  • 01 Apr 2019
  • What Do You Think?

Does Our Bias Against Federal Deficits Need Rethinking?

world of MMT, deficits fuel growth that produces government revenue sufficient for public investment. As long as interest rates remain below the rate of growth—the current US experience—further government borrowing is a View Details
Keywords: by James Heskett
  • December 12, 2024
  • Article

6 Lessons from Companies That Shut Down Their Business in Russia

By: Kalle Heikkinen, William R. Kerr, Mika Malin, Panu Routila and Joel Ryynänen
Increasingly, companies are being pressured to decouple from regions that customers, employees, politicians, advocacy groups, and even leaders deem politically fraught. This can pose a dilemma for executives, as research both shows that fast decision-making is vital,... View Details
Keywords: Public Opinion; Ethics; International Relations; Crisis Management
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Heikkinen, Kalle, William R. Kerr, Mika Malin, Panu Routila, and Joel Ryynänen. "6 Lessons from Companies That Shut Down Their Business in Russia." Harvard Business Review (website) (December 12, 2024).
  • 15 Feb 2000
  • Research & Ideas

The Right Connections

of the picture, a young company must clear many hurdles before convincing potential investors that its future prosperity is a good bet. New research by HBS associate professor Monica Higgins and Associate Professor Ranjay Gulati of the... View Details
Keywords: by Judith A. Ross
  • November 1976
  • Article

Partial Equilibrium Approach to the Free-Rider Problem

By: Jerry R. Green, Elon Kohlberg and Jean-Jacques Laffont
Groves and others have shown that truthful answers concerning preferences for public goods can be elicited as dominant strategies if appropriate tax-subsidies rules are applied. This paper studies the statistical properties of the total revenues generated by one of the... View Details
Keywords: Problems and Challenges
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Green, Jerry R., Elon Kohlberg, and Jean-Jacques Laffont. "Partial Equilibrium Approach to the Free-Rider Problem." Journal of Public Economics 6, no. 4 (November 1976): 375–394.
  • 10 Nov 2009
  • Working Paper Summaries

Endowments, Fiscal Federalism, and the Cost of Capital for States: Evidence from Brazil, 1891-1930

Keywords: by André C. Martínez Fritscher & Aldo Musacchio
  • 2024
  • Working Paper

Does the Case for Private Equity Still Hold?

By: Nori Gerardo Lietz and Philipp Chvanov
Private Equity (“PE”) received a 10-fold increase in capital flows since the Great Financial Crisis (“GFC”) Investors sought higher nominal returns relative to those they could obtain in the public capital markets. This paper questions the fundamental assumptions... View Details
Keywords: Private Equity; Investment Return; Investment Portfolio; Financial Markets
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Lietz, Nori Gerardo, and Philipp Chvanov. "Does the Case for Private Equity Still Hold?" Harvard Business School Working Paper, No. 24-066, January 2024.
  • 25 Mar 2014
  • Research & Ideas

Book Excerpt: ‘Can China Lead?’

nurtured in different educational and institutional settings. The question, then, is this: does China have a good institutional framework for innovation? Our answer at present is no: the governance structures of Chinese state-owned... View Details
Keywords: Re: William C. Kirby & F. Warren McFarlan; Education; Technology

    Derek C. M. van Bever

    Derek van Bever is a Senior Lecturer in the General Management Unit of Harvard Business School. He teaches courses in both years of the MBA program (“Leadership and Corporate Accountability” in the first-year required curriculum and “Building and Sustaining a... View Details

    • February 2015 (Revised December 2016)
    • Case

    Poseidon Carlsbad: Desalination and the San Diego County Water Authority

    By: John Macomber
    Extreme drought conditions in California have significant impacts on the ability of the San Diego County Water Authority to provide adequate water for current users. Water shortfalls also could curtail the economic development of one of the fastest growing regions in... View Details
    Keywords: Risk Management; Partners and Partnerships; Resource Allocation; Public Sector; Private Sector; Environmental Sustainability; Policy; Infrastructure; Green Technology Industry; Utilities Industry; California
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    Macomber, John. "Poseidon Carlsbad: Desalination and the San Diego County Water Authority." Harvard Business School Case 215-057, February 2015. (Revised December 2016.)
    • 2024
    • Working Paper

    The Value of Open Source Software

    By: Manuel Hoffmann, Frank Nagle and Yanuo Zhou
    The value of a non-pecuniary (free) product is inherently difficult to assess. A pervasive example is open source software (OSS), a global public good that plays a vital role in the economy and is foundational for most technology we use today. However, it is... View Details
    Keywords: Valuation; Open Source Distribution; Applications and Software
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    Hoffmann, Manuel, Frank Nagle, and Yanuo Zhou. "The Value of Open Source Software." Harvard Business School Working Paper, No. 24-038, January 2024.
    • 05 Nov 2019
    • News

    Learning from a Different Past

    • 2019
    • Working Paper

    Racial Heterogeneity and Local Government Finances: Evidence from the Great Migration

    By: Marco Tabellini
    Between 1915 and 1930, during the First Great Migration, more than 1.5 million African Americans migrated from the South to the North of the United States, altering the racial profile of several northern cities for the first time in American history. I exploit this... View Details
    Keywords: Migration; Race; City; Financial Condition; Government and Politics; History; United States
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    Tabellini, Marco. "Racial Heterogeneity and Local Government Finances: Evidence from the Great Migration." Harvard Business School Working Paper, No. 19-006, July 2018. (Revised September 2019. Featured in Harvard Magazine.)
    • 01 Aug 2007
    • Op-Ed

    Company Town: Fixing Corrupt Governments

    Corporations could do a good job of running corrupt Third World governments. Corruption rules in too many of the world's democratically elected governments. From Achocalla, Bolivia, to Mayuge, Uganda, voters pick their leaders through the... View Details
    Keywords: by Eric Werker

      Strength in Numbers: The Political Power of Weak Interests

      Many consumers feel powerless in the face of big industry’s interests. And the dominant view of economic regulators (influenced by Mancur Olson’s book The Logic of Collective Action, published in 1965) agrees with them. According to this... View Details

      • December 4, 2012
      • Article

      Business Leaders Are More Than Profiteers, as They Deliver Growth in an Efficient, Fair Manner

      By: Karthik Ramanna
      The legitimacy of market capitalism rests on its ability to deliver freedom, prosperity, and growth in a manner that is efficient and fair. The pursuit of profit is a central but not the only element of capitalism. There are many circumstances, such as when lobbying... View Details
      Keywords: Capitalism; Leadership; India
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      Ramanna, Karthik. "Business Leaders Are More Than Profiteers, as They Deliver Growth in an Efficient, Fair Manner." Economic Times (December 4, 2012).
      • 20 Aug 2001
      • Research & Ideas

      Making an Ally of Uncle Sam

      on at other levels. Understanding these interactions is critical to devising good influence strategies. 5. Linked games. Many influence games also have both value-net and public interest components. A... View Details
      Keywords: by Michael Watkins, Mickey Edwards & Usha Thakrar
      • 20 Mar 2000
      • Research & Ideas

      Incubators: The New Venture Capitalists?

      kicking off a panel discussion at Cyberposium 2000. "But I think it's fair to characterize the incubator space as rather a sleepy one." Until now, that is. Once largely the domain of universities and public economic development... View Details
      Keywords: by Kenneth Liss
      • 09 Apr 2019
      • First Look

      New Research and Ideas, April 9, 2019

      regulation. Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=55884 April 2019 Journal of Economic Behavior & Organization Incentives for Public Goods Inside Organizations: Field... View Details
      Keywords: Dina Gerdeman
      • April 2024 (Revised December 2024)
      • Case

      Anthropic: Building Safe AI

      By: Shikhar Ghosh and Shweta Bagai
      In late 2024, Anthropic, a leading AI safety and research company, achieved a significant breakthrough with computer use capabilities that allowed AI to interact with computers like humans. Co-founded by former OpenAI employees and known for its generative AI... View Details
      Keywords: AI and Machine Learning; Corporate Accountability; Corporate Social Responsibility and Impact; Business Growth and Maturation; Corporate Strategy; Technology Industry; United States
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      Ghosh, Shikhar, and Shweta Bagai. "Anthropic: Building Safe AI." Harvard Business School Case 824-129, April 2024. (Revised December 2024.)
      • 06 Feb 2018
      • First Look

      First Look at New Research and Ideas: February 6, 2018

      Innovation and Economic Performance By: Delgado, Mercedes, and Karen G. Mills Abstract—An active debate has centered on the importance of manufacturing for driving innovation in the U.S. economy. This paper proposes an alternative framework that focuses on the role of... View Details
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