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Publications

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    • All HBS Web  (762)
      • Faculty Publications  (269)

      by William R. KerrRemove by William R. Kerr →

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      • 2013
      • Working Paper

      The Dynamics of Firm Lobbying

      By: William R. Kerr, William F. Lincoln and Prachi Mishra
      We study the determinants of the dynamics of firm lobbying behavior using a panel data set covering 1998–2006. Our data exhibit three striking facts: (i) few firms lobby, (ii) lobbying status is strongly associated with firm size, and (iii) lobbying status is highly... View Details
      Keywords: Lobbying; Political Economy; H-1B; Business Ventures; Policy; Government Legislation; Immigration; Business and Government Relations; Research; Prejudice and Bias
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      Kerr, William R., William F. Lincoln, and Prachi Mishra. "The Dynamics of Firm Lobbying." Harvard Business School Working Paper, No. 12-034, October 2011. (Revised August 2013.)
      • June 2011
      • Teaching Note

      Internet Securities, Inc.: Path to Sustainability (TN)

      By: William R. Kerr
      Teaching Note for 811098. View Details
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      Kerr, William R. "Internet Securities, Inc.: Path to Sustainability (TN)." Harvard Business School Teaching Note 811-109, June 2011.
      • June 2011 (Revised January 2013)
      • Case

      Home Essentials: Building a Global Service Business with Local Operations

      By: Lynda M. Applegate, William R. Kerr and David Lane
      Chris Exline founded Home Essentials, a furniture rental business targeted toward expatriates, in Singapore but rapidly moved the base of operations to Hong Kong. The company was highly successful in Singapore and Hong Kong and then pursued rapid global expansion.... View Details
      Keywords: Growth Management; Renting or Rental; Corporate Governance; Global Strategy; Failure; Singapore; Hong Kong
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      Applegate, Lynda M., William R. Kerr, and David Lane. "Home Essentials: Building a Global Service Business with Local Operations." Harvard Business School Case 811-078, June 2011. (Revised January 2013.)
      • May 2011 (Revised March 2013)
      • Background Note

      Location Choice for New Ventures: Cities

      By: William R. Kerr and Ramana Nanda
      Location choice is a critical decision for entrepreneurs. This note explores how entrepreneurs should think about different city options through a systematic framework that encompasses professional and personal issues. We use the intellectual frameworks of the cluster... View Details
      Keywords: City; Business Startups
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      Kerr, William R., and Ramana Nanda. "Location Choice for New Ventures: Cities." Harvard Business School Background Note 811-106, May 2011. (Revised March 2013.)
      • April 2011 (Revised June 2011)
      • Case

      Internet Securities, Inc.: Path to Sustainability

      By: Lynda M. Applegate, William R. Kerr and Ryan Johnson
      Founded in 1994 when the Internet was still a "toy for techies," the case is set in 1998 when Internet IPOs were red-hot. Internet Securities provides hard-to-find financial, business, economic, and political information on emerging markets. Information from over 600... View Details
      Keywords: Acquisition; Business Model; Business Startups; Decision Choices and Conditions; Venture Capital; Cash Flow; Initial Public Offering; Analytics and Data Science; Growth and Development Strategy; Valuation
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      Applegate, Lynda M., William R. Kerr, and Ryan Johnson. "Internet Securities, Inc.: Path to Sustainability." Harvard Business School Case 811-098, April 2011. (Revised June 2011.)
      • March 2011
      • Background Note

      Financing New Ventures

      By: William R. Kerr and Ramana Nanda
      Aid in understanding of financing entrepreneurship. View Details
      Keywords: Business Startups; Entrepreneurship; Financing and Loans
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      Kerr, William R., and Ramana Nanda. "Financing New Ventures." Harvard Business School Background Note 811-093, March 2011.
      • March 2011
      • Background Note

      Pitching Business Opportunities

      By: Lynda M. Applegate, William R. Kerr and Alexis Brownell
      This note can be used to develop a business plan pitch for a new venture. View Details
      Keywords: Business Plan; Business Startups; Spoken Communication; Competency and Skills; Entrepreneurship
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      Applegate, Lynda M., William R. Kerr, and Alexis Brownell. "Pitching Business Opportunities." Harvard Business School Background Note 811-086, March 2011.
      • Article

      Economic Impacts of Immigration: A Survey

      By: Sari Pekkala Kerr and William R. Kerr
      This paper surveys recent empirical studies on the economic impacts of immigration. The survey first examines the magnitude of immigration as an economic phenomenon in various host countries. The second part deals with the assimilation of immigrant workers into... View Details
      Keywords: Surveys; Corporate Social Responsibility and Impact; Immigration; Economic Systems; Human Capital; Economic Slowdown and Stagnation; Fluctuation; Situation or Environment; Labor and Management Relations; United States; Europe
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      Kerr, Sari Pekkala, and William R. Kerr. "Economic Impacts of Immigration: A Survey." Finnish Economic Papers 24, no. 1 (Spring 2011): 1–32.
      • February 2011
      • Case

      Chegg: Textbook Rental Takes Flight

      By: Thomas R. Eisenmann, William A. Sahlman and Evan W. Richardson
      In late 2010, Silicon Valley-based Chegg, the leading online college textbook rental company, is scaling rapidly. The case recounts Chegg's history from its origins as a distant competitor to Craigslist in college classified listings through a pivot into textbook... View Details
      Keywords: Change Management; Higher Education; Entrepreneurship; Books; Growth and Development Strategy; Growth Management; Service Operations; Renting or Rental; Online Technology; Education Industry; Service Industry; California
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      Eisenmann, Thomas R., William A. Sahlman, and Evan W. Richardson. "Chegg: Textbook Rental Takes Flight." Harvard Business School Case 811-077, February 2011.
      • 2011
      • Chapter

      Financing Constraints and Entrepreneurship

      By: William R. Kerr and Ramana Nanda
      Financing constraints are one of the biggest concerns impacting potential entrepreneurs around the world. Given the important role that entrepreneurship is believed to play in the process of economic growth, alleviating financing constraints for would-be entrepreneurs... View Details
      Keywords: Economic Growth; Entrepreneurship; Financing and Loans; Investment; Policy; Research
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      Kerr, William R., and Ramana Nanda. "Financing Constraints and Entrepreneurship." Chap. 8 in Handbook of Research on Innovation and Entrepreneurship, edited by David Audretsch, Oliver Falck, and Stephan Heblich, 88–103. Cheltenham, U.K.: Edward Elgar Publishing, 2011. (NBER WP 15498, HBS WP 10-013.)
      • 2011
      • Foreword

      Foreword

      By: William R. Kerr
      Citation
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      Kerr, William R. "Foreword." Entrepreneurial and Business Elites of China: The Chinese Returnees Who Have Shaped Modern China, edited by Wenxian Zhang, Huiyao Wang, and Ilan Alon, 13–15. Bingley, England: Emerald Group Publishing, 2011.
      • 2011
      • Chapter

      Promoting Entrepreneurship, Growth, and Job Creation

      By: Ejaz Ghani, William R. Kerr and Stephen O'Connell
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      Ghani, Ejaz, William R. Kerr, and Stephen O'Connell. "Promoting Entrepreneurship, Growth, and Job Creation." In Reshaping Tomorrow: Is South Asia Ready for the Big Leap? edited by Ejaz Ghani, 168–201. Oxford University Press, 2011.
      • 2010
      • Working Paper

      Agglomerative Forces and Cluster Shapes

      By: William R. Kerr and Scott Duke Kominers
      We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction forces operate. Overlapping firm interactions... View Details
      Keywords: Entrepreneurship; Geographic Location; Patents; Labor; Industry Clusters; Industry Structures; Relationships; Competitive Advantage; Technology Industry; California
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      Kerr, William R., and Scott Duke Kominers. "Agglomerative Forces and Cluster Shapes." Harvard Business School Working Paper, No. 11-061, December 2010.
      • 2010
      • Chapter

      Breakthrough Inventions and the Growth of Innovation Clusters

      By: William R. Kerr
      This report provides a comprehensive look at the role of innovation in promoting economic and social development. It examines the impact of innovation on the economic growth of developing countries and the future role of technological innovation in international... View Details
      Keywords: Technological Innovation; Developing Countries and Economies; Society; Growth and Development; Climate Change; Social Issues; Industry Clusters; Business and Government Relations
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      Kerr, William R. "Breakthrough Inventions and the Growth of Innovation Clusters." In The Innovation for Development Report 2010-2011, edited by Augusto Lopez-Claros, 103–107. Hampshire, England: Palgrave Macmillan, 2010.
      • 2010
      • Working Paper

      Growth through Heterogeneous Innovations

      By: Ufuk Akcigit and William R. Kerr
      We study how exploration versus exploitation innovations impact economic growth through a tractable endogenous growth framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to acquire new product lines... View Details
      Keywords: Business Ventures; Decision Choices and Conditions; Economic Growth; Investment; Innovation and Invention; Patents; Size; Research and Development; United States
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      Akcigit, Ufuk, and William R. Kerr. "Growth through Heterogeneous Innovations." Harvard Business School Working Paper, No. 11-044, October 2010. (SSRN, HBS WP 11-044.)
      • July – August 2010
      • Article

      The Secret to Job Growth: Think Small

      By: Edward L. Glaeser and William R. Kerr
      Keywords: Jobs and Positions; Growth and Development
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      Glaeser, Edward L., and William R. Kerr. "The Secret to Job Growth: Think Small." Harvard Business Review 88, nos. 7-8 (July–August 2010): 26.
      • July 2010
      • Article

      The Supply Side of Innovation: H-1B Visa Reforms and U.S. Ethnic Invention

      By: William R. Kerr and William F. Lincoln
      This study evaluates the impact of high-skilled immigrants on U.S. technology formation. We use reduced-form specifications that exploit large changes in the H-1B visa program. Higher H-1B admissions increase immigrant science and engineering (SE) employment and... View Details
      Keywords: Engineering; Governing Rules, Regulations, and Reforms; Policy; Immigration; Innovation and Invention; Patents; Business and Government Relations; Science; United States
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      Kerr, William R., and William F. Lincoln. "The Supply Side of Innovation: H-1B Visa Reforms and U.S. Ethnic Invention." Journal of Labor Economics 28, no. 3 (July 2010): 473–508. (Winner of H. Gregg Lewis Prize for Best Paper in Journal of Labor Economics 2010-2011.)
      • June 2010
      • Article

      What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns

      By: Glenn Ellison, Edward Glaeser and William R. Kerr
      Why do firms cluster near one another? We test Marshall's theories of industrial agglomeration by examining which industries locate near one another, or coagglomerate. We construct pairwise coagglomeration indices for US manufacturing industries from the Economic... View Details
      Keywords: Production; Economics; Industry Clusters; Analytics and Data Science; Labor; Theory; Goods and Commodities; United States; United Kingdom
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      Ellison, Glenn, Edward Glaeser, and William R. Kerr. "What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns." American Economic Review 100, no. 3 (June 2010): 1195–1213.
      • May 12, 2010
      • Article

      Venture Financing and Entrepreneurial Success

      By: William R. Kerr
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      Kerr, William R. "Venture Financing and Entrepreneurial Success." Harvard Business Review (website) (May 12, 2010).
      • 01 May 2010
      • Lecture

      Clusters and Start-Up Location Choice

      By: William R. Kerr
      Keywords: Industry Clusters; Decision Choices and Conditions; Geographic Location
      Citation
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      Kerr, William R. "Clusters and Start-Up Location Choice." Lecture at the HBS Faculty Research Symposium, Harvard Business School, May 01, 2010.
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