Lending - Publications - Faculty & Research

25 Jan 2010
Research & Ideas

A Macroeconomic View of the Current Economy

ask the Japanese, the Chinese, and some others for their goods, and they give them to us. And then they lend us the money to buy them. We are both borrowing—literally borrowing in financial terms from, particularly, the Asians—and getting... View Details

Keywords: by Sean Silverthorne

28 Jun 2022
Book

The Moral Enterprise: How Two Companies Profit with Purpose

How can government and business work together in this fractious political moment, when finding solutions to pressing problems like inequality and climate change are more urgent than ever? Rebecca Henderson, Harvard University’s John and Natty McArthur University... View Details

Keywords: by Avery Forman

20 Aug 2008
Op-Ed

The Time is Right for Creative Capitalism

forces operating today, business and consumer spending, in service toward eradicating deadly disease in Africa. Kiva connects small lenders-many of whom lend $50 or less-with promising entrepreneurs, mostly in developing countries. Three... View Details

Keywords: by Nancy Koehn

02 Mar 2021
HBS Case

The Tulsa Massacre: Is Racial Justice Possible 100 Years Later?

and property damage to broader notions of racial justice. Some proponents of reparations argue that African Americans deserve compensation for slavery, Jim Crow laws, redlining practices that thwarted lending in Black neighborhoods, and... View Details

Keywords: by Michael Blanding

16 Mar 2020
Research & Ideas

How the Coronavirus Is Already Rewriting the Future of Business

tight upcoming turnaround, and how passengers can help the cleaning crew achieve an on-time departure for the next flight. In both cases, we gladly do our part. One caveat: When the rationale for customers to help seems mostly about enhancing profitability, the request... View Details

Keywords: by Dina Gerdeman

01 May 2017
Research & Ideas

Bad At Your Job? Maybe It's the Job’s Fault

reducing the demands of the position. Amazon founder Jeff Bezos made it clear: If you’re unwilling to lend a hand to a co-worker to meet a customer need, you will not survive there. “When a lot is demanded of people, you have to build a... View Details

Keywords: by Dina Gerdeman

Research Summary

Overview

The overarching goal of my research is to produce works that are influential and informative to both academics and practitioners in the field of operations management. To accomplish this, I collaborate with industry partners who provide knowledge about their field,... View Details

28 May 2020
Research & Ideas

Coronavirus Could Create a 'Bankruptcy Pandemic'

capital structure, as permitted under the Bankruptcy Code. In general, this is how Chapter 11 gives new lenders the incentive to lend to a financially distressed business; even if the company ultimately fails and is liquidated, the senior... View Details

Keywords: by Dina Gerdeman; Financial Services; Banking

18 Aug 2008
Research & Ideas

How Disruptive Innovation Changes Education

courseware initially. And rather than being "pushed" into classrooms through a centralized selection process, they will be pulled into use through self-diagnosis—by teachers, parents, and students who don't have access to another tutoring option. Q: How would... View Details

Keywords: by Martha Lagace; Education

Research Summary

Current working papers

Organizational restructuring: the influence of formal and informal structure on tie formation. This paper considers how changes in formal structure and a key element of informal structure – the embeddedness of employee... View Details

20 Mar 2000
Research & Ideas

Incubators: The New Venture Capitalists?

a bank, a lending company, or an equity transaction company, or move up the food chain and be able to provide richer, higher services much like we see in what we're terming the incubation space today. "We're focused, obviously, on... View Details

Keywords: by Kenneth Liss

09 Apr 2014
Research & Ideas

A Playbook for Small-Business Job Creation

in the country when they were in their infancy-including Apple and Intel. It's important that we figure out how to do more of this, and SBIC may be a good model to build on." Traditional Bank Lending Is Still Critical, But A Gap... View Details

Keywords: by Carmen Nobel; Banking; Financial Services

28 Aug 2014
Op-Ed

Government Can Do More to Unfreeze Small Business Credit

program of $100 million with a proven default rate of 5 percent will be "costed" at $5 million, but will deploy $100 million of new capital into the marketplace. A second important piece of SBJA was the effort to infuse capital into smaller banks and incent them to... View Details

Keywords: by Karen Mills; Banking

22 Sep 2014
Op-Ed

Online Banks Fill Funding Needs for Small Business

scale, these alternative players have the potential to fundamentally change the way in which small businesses access capital, creating greater competition, price transparency, and a better customer experience. Emerging online players are pushing innovation within the... View Details

Keywords: by Karen Mills; Banking; Financial Services

03 Apr 2019
Book

Fintech's Game-Changing Opportunities for Small Business

Artificial intelligence, machine learning, and big data will transform financial services and small-business lending long before they impact driverless cars, predicts Harvard Business School Senior Fellow Karen G. Mills. “As we speak,... View Details

Keywords: by Martha Lagace; Banking; Financial Services

11 Jun 2013
First Look

First Look: June 11

content creation. Publisher's link: http://hbr.org/2013/06/how-to-profit-from-lean-advertising/ar/1 Cases & Course Materials Harvard Business School Case 612-057 Inventory-Based Lending Industry Note Inventory-based View Details

Keywords: Carmen Nobel

19 Nov 2019
Op-Ed

Gender Bias Complaints against Apple Card Signal a Dark Side to Fintech

Twittersphere that they would investigate. Technology is undeniably transforming the financial services industry. Fintechs, Big Tech, and banks are using increasing volumes of data, artificial intelligence, and machine learning to build new algorithms to determine... View Details

Keywords: by Karen G. Mills; Financial Services

05 Aug 2024
Research & Ideas

Watching for the Next Economic Downturn? Follow Corporate Debt

crisis of 1994 The Asian financial crises of 1996 and 1997 The Argentinian crisis of 2001 The Eurozone crisis of 2009 and 2010 The authors parsed the in-depth data by industry. They focus on lending to: Agriculture, manufacturing, retail,... View Details

Keywords: by Rachel Layne

21 Jul 2014
Research & Ideas

Is a Gap in Small-Business Credit Holding Back the American Economy?

patents per employee than larger firms, and employ more than 40 percent of high-tech workers in America. “Small business owners feel that despite being creditworthy today, banks remain either wary or entirely unwilling to lend to them.”... View Details

Keywords: by Karen Mills; Manufacturing

05 Nov 2024
Book

Building the Road to 'Small Business Utopia' with AI and Fintech

lending is not yet complete, but we can already see its promise. As technology opened the doors to vast troves of data, opportunities emerged to create new insights on a small businesses health and prospects. These inputs have the... View Details