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  • 2001
  • Other Unpublished Work

Clusters of Innovation Initiative: Atlanta-Columbus

By: Michael E. Porter
This regional report examines the composition and performance of the Atlanta regional economy, how industry clusters developed and innovation arose, how clusters affected the region's economic future, and how the region can establish a strategy and action program to... View Details
Keywords: Clusters; Economics; Industry Clusters; Economy; Growth and Development; Atlanta
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Porter, Michael E. "Clusters of Innovation Initiative: Atlanta-Columbus." Council on Competitiveness, Washington, DC, December 2001. (Report.)
  • March 2011
  • Article

Do Sell-Side Stock Analysts Exhibit Escalation of Commitment?

By: John Beshears and Katherine L. Milkman
This paper presents evidence that when an analyst makes an out-of-consensus forecast of a company's quarterly earnings that turns out to be incorrect, she escalates her commitment to maintaining an out-of-consensus view on the company. Relative to an analyst who was... View Details
Keywords: Escalation Of Commitment; Stock Market; Updating; Behavioral Economics; Motivation and Incentives; Behavior; Consumer Behavior; Financial Markets; Forecasting and Prediction
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Beshears, John, and Katherine L. Milkman. "Do Sell-Side Stock Analysts Exhibit Escalation of Commitment?" Journal of Economic Behavior & Organization 77, no. 3 (March 2011): 304–317.
  • August 1976
  • Article

A Model of Economic Growth With Altruism Between Generations

By: Elon Kohlberg
Keywords: Economics; Growth and Development; Relationships
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Kohlberg, Elon. "A Model of Economic Growth With Altruism Between Generations." Journal of Economic Theory 13, no. 1 (August 1976): 1–13.
  • 1988
  • Article

The Process of Economic Concentration in the American Economy

By: R. S. Tedlow
Keywords: Economics; Economy; United States
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Tedlow, R. S. "The Process of Economic Concentration in the American Economy." Zeitschrift für Unternehmensgeschichte (1988): 91–111.
  • November 1999 (Revised November 2000)
  • Background Note

Economic Liberalization and Industry Dynamics

Programs of economic liberalization often lead to dramatic changes in industry structure. This note presents excerpts from several research papers that summarize findings on how industries evolve following abrupt policy reforms. The note is organized into seven... View Details
Keywords: Industry Structures
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Kennedy, Robert E. "Economic Liberalization and Industry Dynamics." Harvard Business School Background Note 700-075, November 1999. (Revised November 2000.)
  • 2021
  • Report

The Economic Impact of the Market-Making Internet Advertising, Content, Commerce, and Innovation

By: John A. Deighton and Leora Kornfeld
This research about the economic value of the Internet is conducted approximately every four years and highlights the importance of the internet ecosystem, which enables job creation and market-making opportunities. This highly valued, extensive piece of economic... View Details
Keywords: Internet and the Web; Digital Marketing; Innovation and Invention; Communication Technology; Social Media; Advertising; Value; Brands and Branding
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Deighton, John A., and Leora Kornfeld. "The Economic Impact of the Market-Making Internet Advertising, Content, Commerce, and Innovation." Report, Interactive Advertising Bureau (IAB), New York, October 2021.
  • 2001
  • Other Unpublished Work

Clusters of Innovation: Regional Foundations of U.S. Competitiveness

By: Michael E. Porter
Competitiveness has tended to be seen primarily from a federal perspective, and national policies and circumstances surely affect the prosperity of our economy. However, the Clusters of Innovation Initiative was undertaken with the realization that the real work of... View Details
Keywords: Clusters; Economics; Industry Clusters; Economy; Growth and Development; United States
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Porter, Michael E. "Clusters of Innovation: Regional Foundations of U.S. Competitiveness." Council on Competitiveness, Washington, DC, October 2001. (Report.)
  • January 2009 (Revised June 2014)
  • Supplement

CityCenter (B): Economics and Delivery

By: A. Eugene Kohn, John D. Macomber and Ben Creo
Bill Smith is informed by his general contractor that a key component of the Aria Resort is going to be delayed. Aria is the centerpiece of CityCenter: a $9 billion complex and a bet-the-firm decision for MGM Mirage. Smith must make a decision as to whether to force... View Details
Keywords: Buildings and Facilities; Decision Choices and Conditions; Construction; Finance; Organizational Structure; Projects; Complexity
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Kohn, A. Eugene, John D. Macomber, and Ben Creo. "CityCenter (B): Economics and Delivery." Harvard Business School Supplement 209-094, January 2009. (Revised June 2014.)
  • 2009
  • Article

The Harvard Economic Service and the Problems of Forecasting

By: Walter Friedman
Keywords: Forecasting and Prediction; Higher Education; Problems and Challenges; Economics
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Friedman, Walter. "The Harvard Economic Service and the Problems of Forecasting." History of Political Economy 41, no. 1 (2009).
  • November 1999 (Revised May 2000)
  • Supplement

Data Supplement: Post-War US Economic Statistics

By: Julio J. Rotemberg and Cherie Nursalim
Supplements Tax Cut of 1964 (9-382-078), Nixon's Economic Strategy--1969 (8-378-258), and The Reagan Plan (9-381-173). View Details
Keywords: History; Sovereign Finance; Development Economics; Mathematical Methods; Taxation; Policy; Government Administration; Macroeconomics; United States
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Rotemberg, Julio J., and Cherie Nursalim. "Data Supplement: Post-War US Economic Statistics." Harvard Business School Supplement 700-070, November 1999. (Revised May 2000.)
  • Article

Strategy, Economic Relations, and the Definition of National Interests

By: Rawi Abdelal and Jonathan Kirshner
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Abdelal, Rawi, and Jonathan Kirshner. "Strategy, Economic Relations, and the Definition of National Interests." Security Studies 9, nos. 1-2 (1999): 119–156. (Reprinted in Power and the Purse: Economic Statecraft, Interdependence, and National Security, ed. Jean-Marc F. Blanchard, Edward D. Mansfield, and Norrin M. Ripsman. London: Frank Cass, 2000, pp. 119-156.)
  • 26 Sep 2013
  • Research & Ideas

Behind India’s Economic and Political Woes

portfolio—like in nature and somewhat footloose and fancy-free. Q: What are some of the causes of the decline that are specific to India? A: Due to large-scale economic... View Details
Keywords: by Zeenat Potia
  • March 2023 (Revised December 2023)
  • Background Note

Economic Analysis: The Hidden Costs of Layoffs and Managing Staff Reductions

By: Sandra J. Sucher, Marilyn Morgan Westner and Christopher Diak
Globally, over the past fifty years, more companies have used layoffs to cut costs during periods of decreased demand or economic downturns. But layoffs have far-reaching consequences, generate hidden costs, and harm the company in myriad ways. This note reviews ways... View Details
Keywords: Human Resource Management; Layoffs; Furloughs; Human Resources; Management Practices and Processes; Employee Relationship Management; Resignation and Termination; Compensation and Benefits; United States
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Sucher, Sandra J., Marilyn Morgan Westner, and Christopher Diak. "Economic Analysis: The Hidden Costs of Layoffs and Managing Staff Reductions." Harvard Business School Background Note 323-073, March 2023. (Revised December 2023.)
  • January 2002 (Revised March 2002)
  • Case

Note on Economic Sanctions on Cuba

Describes the history of U.S. sanctions on Cuba and discusses the political and economic controversies surrounding the U.S. policy. View Details
Keywords: International Relations; Trade; Cuba; United States
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Huang, Yasheng. "Note on Economic Sanctions on Cuba." Harvard Business School Case 702-028, January 2002. (Revised March 2002.)
  • July 2016
  • Supplement

Mahindra Tool: Project Economics

By: Joseph B. Fuller and Christopher Payton
The case describes Mahindra Lifespace Developers’ (MLDL), a unit of Indian conglomerate Mahindra and Mahindra, foray into the affordable housing segment. MLDL sees a huge opportunity in selling apartments to the burgeoning population of urban workers, which is badly... View Details
Keywords: Business Conglomerates; Business Startups; Development Economics; Developing Countries and Economies; Corporate Entrepreneurship; Social Entrepreneurship; Housing; Emerging Markets; Business and Government Relations; Human Needs; Social Issues; Urban Development; Real Estate Industry; India
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Fuller, Joseph B., and Christopher Payton. "Mahindra Tool: Project Economics." Harvard Business School Spreadsheet Supplement 317-701, July 2016.
  • 2001
  • Working Paper

The Disruptive Roots of National Economic Growth and Development

By: Clayton M. Christensen, Stuart Hart and Thomas Craig
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Christensen, Clayton M., Stuart Hart, and Thomas Craig. "The Disruptive Roots of National Economic Growth and Development." Harvard Business School Working Paper, No. 01-045, January 2001.
  • May 2023
  • Course Overview Note

Space: Public and Commercial Economics (SPACE)

By: Matthew C. Weinzierl
SPACE is a course with two goals: to use the tools of economics to better understand the rapidly evolving space sector, and to train the next generation of commercial space leaders. We pursue these goals through a systematic study of the growing space economy,... View Details
Keywords: Industry Growth; Aerospace Industry
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Weinzierl, Matthew C. "Space: Public and Commercial Economics (SPACE)." Harvard Business School Course Overview Note 723-062, May 2023.
  • 2017
  • Working Paper

The Rise of American Ingenuity: Innovation and Inventors of the Golden Age

By: Ufuk Akcigit, John Grigsby and Tom Nicholas
We examine the golden age of U.S. innovation by undertaking a major data collection exercise linking inventors from historical U.S. patents to Federal Censuses between 1880 and 1940 and to regional economic aggregates. We provide a theoretical framework to motivate the... View Details
Keywords: Economic Development; Patents; Economic Growth; Innovation and Invention; Demographics
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Akcigit, Ufuk, John Grigsby, and Tom Nicholas. "The Rise of American Ingenuity: Innovation and Inventors of the Golden Age." Harvard Business School Working Paper, No. 17-063, January 2017. (Revised June 2017.)
  • Article

Economic Principles for Medicare Reform

By: Amitabh Chandra and Craig Garthwaite
In this article, we develop an economic framework for Medicare reform that highlights trade-offs that reform proposals should grapple with but often ignore. Central to our argument is a tension in administratively set prices, which may improve short-term efficiency but... View Details
Keywords: Medicare; Value-based Care; Health Care Reform; Markets In Health Care; Health Care and Treatment; Value; Governing Rules, Regulations, and Reforms
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Chandra, Amitabh, and Craig Garthwaite. "Economic Principles for Medicare Reform." Annals of the American Academy of Political and Social Science 686, no. 1 (November 2019): 63 – 92.
  • August 2008
  • Article

From Clusters to Cluster-Based Economic Development

By: Christian H.M. Ketels and Olga Memedovic
Over the last decades, changes in the global economy and the emergence of Global Value Chains (GVCs) have raised the interest in understanding the specific conditions and cross-company interactions within and across locations. For companies, the need to choose the... View Details
Keywords: Development Economics; Economy; Value; Business Strategy; Competition; Performance Productivity; Cost; Natural Environment; Policy; Business and Stakeholder Relations; Framework; Industry Clusters
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Ketels, Christian H.M., and Olga Memedovic. "From Clusters to Cluster-Based Economic Development." Special Issue on Global Value Chains and Innovation Networks: Prospects for Industrial Upgrading in Developing Countries. Part 1. International Journal of Technological Learning, Innovation, and Development 1, no. 3 (August 2008).
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