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  • All HBS Web  (9,150)
    • People  (80)
    • News  (2,518)
    • Research  (5,008)
    • Events  (61)
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  • August 2018
  • Article

Growth Through Heterogeneous Innovations

By: Ufuk Akcigit and William R. Kerr
We build a tractable growth model where multi-product incumbents invest in internal innovations to improve their existing products, while new entrants and incumbents invest in external innovations to acquire new product lines. External and internal innovations generate... View Details
Keywords: Endogenous Growth; Innovation; Citations; Scientists; Entrepreneurs; External; Internal; Patents; Innovation Strategy; Entrepreneurship; Economic Growth; Research and Development; Science
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Akcigit, Ufuk, and William R. Kerr. "Growth Through Heterogeneous Innovations." Journal of Political Economy 126, no. 4 (August 2018): 1374–1443.
  • 2014
  • Chapter

The Language of Global Management

By: Tsedal Neeley
Over the last two decades, organizations seeking global expansion have been mandating an English lingua franca, or common language to facilitate global collaboration regardless of the country location of their headquarters. This article explains why stipulating a... View Details
Keywords: Language; Lingua Franca; Networks; Governance; Information Technology; Management; Ethics; Emerging Markets; Innovation and Invention
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Neeley, Tsedal. "The Language of Global Management." In Wiley Encyclopedia of Management, Volume 6: International Management. 3rd ed. Edited by Markus Vodosek and Deanne den Hartog. John Wiley & Sons, 2014.
  • June 2012 (Revised July 2013)
  • Exercise

Competition Simulator Exercise: Instructions

By: Eric Van den Steen
In the Competition Simulator Exercise, students explore through trial and error some important economic foundations of competitive strategy and managerial economics. In particular, the nine simulator exercises let students explore horizontal differentiation with and... View Details
Keywords: Competitive Strategy; Economics; Strategy; Game Theory
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Van den Steen, Eric. "Competition Simulator Exercise: Instructions." Harvard Business School Exercise 712-498, June 2012. (Revised July 2013.)
  • April 2011
  • Article

Ownership Structure and the Cost of Corporate Borrowing

By: Chen Lin, Yue Ma, Paul Malatesta and Yuhai Xuan
This article identifies an important channel through which excess control rights affect firm value. Using a new, hand-collected data set on corporate ownership and control of 3,468 firms in 22 countries during the 1996-2008 period, we find that the cost of debt... View Details
Keywords: Borrowing and Debt; Cash Flow; Cost; Financing and Loans; Governance Controls; Ownership Stake; Business and Shareholder Relations
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Lin, Chen, Yue Ma, Paul Malatesta, and Yuhai Xuan. "Ownership Structure and the Cost of Corporate Borrowing." Journal of Financial Economics 100, no. 1 (April 2011): 1–23. (Lead Article. First Place Winner of the 2011 Jensen Prize for the Best Paper in the Areas of Corporate Finance and Organizations published in the Journal of Financial Economics.)
  • October 2008
  • Article

The Small World of Investing: Board Connections and Mutual Fund Returns

By: Lauren Cohen, Andrea Frazzini and Christopher J. Malloy
This paper uses social networks to identify information transfer in security markets. We focus on connections between mutual fund managers and corporate board members via shared education networks. We find that portfolio managers place larger bets on firms they are... View Details
Keywords: Financial Markets; Information Management; Social and Collaborative Networks; Announcements; Investment Portfolio; Investment Return; Investment Funds; Asset Pricing; Governing and Advisory Boards
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Cohen, Lauren, Andrea Frazzini, and Christopher J. Malloy. "The Small World of Investing: Board Connections and Mutual Fund Returns." Journal of Political Economy 116, no. 5 (October 2008): 951–979. (Winner of the Barclays Global Investors Award, Best Paper in Asset Pricing, European Finance Association 2007.)
  • 31 Jan 2014
  • News

Research Shows Which TV Ads Are Likely to Make Multitaskers Buy

  • 12 May 2020
  • News

The Surprising Power of Business Experiments

  • 12 Oct 2022
  • Video

James Mickens: Why All Data Science is Political

    Are Carbon Tariffs Protectionism or Climate Policy?

    Some argue that carbon tariffs — carbon costs imposed on imports entering an emission-regulated region — are simply protectionism being peddled as climate policy. Our results suggest otherwise. The implementation of a carbon tariff decreases global emissions... View Details

    • 04 Mar 2024
    • Research & Ideas

    Want to Make Diversity Stick? Break the Cycle of Sameness

    and people of color to senior roles tend to hire people with similar demographics to replace them when they leave, allowing for diversity to “stick.” The findings also raise an important question at a time when many corporate diversity,... View Details
    Keywords: by Michael Blanding
    • 01 Dec 2023
    • News

    Thinking Ahead

    rather than selling upfront.” This requires a platform-native approach, says Yang: a video that works well on Amazon would appear as a hard-sell turnoff on TikTok. “It’s important to remember that customer loyalty will be to the... View Details
    Keywords: Julia Hanna; Illustrations by Chris Gash; News, Library, Internet, and Other Services; Information
    • 10 Jan 2023
    • Research & Ideas

    How to Live Happier in 2023: Diversify Your Social Circle

    more difficult to maintain and people might have lost touch with people in their lives. “An important part of the ‘new normal’ might be to seek out and foster connections with different people in your life,” says Collins. “Chat with your... View Details
    Keywords: by Michael Blanding
    • Web

    Fit Across the Value Chain - Institute For Strategy And Competitiveness

    sustainability: when activities mutually reinforce each other, competitors can’t easily imitate them. Fit is Leveraging What is Different to be More Different When using the value chain as a framework, it’s important to remember that all... View Details
    • Web

    U.S. Competitiveness

    Re: Michael Porter 22 Jan 2021 Fast Company The 14 most important books for designers to read right now Re: Michael Porter 19 Jan 2021 USA Today Big businesses say they are responsible, but too often they fuel conspiracy theories By:... View Details
    • 30 Sep 2019
    • Book

    6 Steps to Building a Better Workplace for Black Employees

    When Barack Obama was elected president in 2008, some saw it as proof that the color of one’s skin could no longer hold people back from achieving important leadership roles in the United States. Not true, says Harvard Business School... View Details
    Keywords: by Dina Gerdeman
    • 08 Dec 2009
    • First Look

    First Look: Dec. 8

    Working Papers Modeling a Paradigm Shift: From Producer Innovation to User and Open Collaborative Innovation Authors: Carliss Y. Baldwin and Eric von Hippel Abstract In this paper we assess the economic viability of innovation by producers relative to two increasingly... View Details
    Keywords: Martha Lagace
    • 16 Oct 2023
    • HBS Case

    Advancing Black Talent: From the Flight Ramp to 'Family-Sustaining' Careers at Delta

    Keyra Lynn Johnson. “The frontline perspective can give management important insight into the employee experience and what customers really want from the airline.” Delta has reclassified most jobs that had previously required a degree and... View Details
    Keywords: by Lane Lambert; Air Transportation
    • 30 Sep 2002
    • Research & Ideas

    Your Crisis Response Plan: The Ten Effective Elements

    flexibility to deal with unexpected scenarios or combinations of scenarios. This is important because real crises rarely directly match planning scenarios. If response options aren't flexible and modularized, novel events or combinations... View Details
    Keywords: by Michael Watkins
    • 21 Jun 2011
    • First Look

    First Look: June 21

    Financial history is not conventionally thought of in evolutionary terms, but it should be. Traditional ways of thinking about finance, dating back to Hilferding, emphasize the importance of concentration and economies of scale. But these... View Details
    Keywords: Sean Silverthorne
    • Web

    Technology & Innovation - Faculty & Research

    which funds are used are subject to frequent debate. This paper examines empirical data from the Danish National Advanced Technology Foundation (DNATF), an agency that funds partnerships between universities and private companies to develop technologies View Details
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