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  • Teaching Interest

Contemporary Developing Countries: Entrepreneurial Solutions to Intractable Problems

By: Tarun Khanna

What problems do developing countries face, and how can individuals contribute to solutions rather than awaiting the largesse of the state or other actors? Intractable problems – such as lack of access to education and healthcare, forced reliance on contaminated... View Details

  • February 2016
  • Case

Banking and Politics in Antebellum New York

By: David Moss and Colin Donovan
After a long period of solid Democratic control, Whigs secured a majority of seats in the New York State Assembly in 1837, the same year that a major financial panic had crippled the banking system and shaken public confidence in the state's governance. The next year,... View Details
Keywords: Governance; Central Banking; Ethics; Laws and Statutes; Business and Government Relations; Government and Politics; History; New York (state, US)
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  • May 2018
  • Article

The Amount and Source of Millionaires' Wealth (Moderately) Predicts Their Happiness

By: Grant Edward Donnelly, Tianyi Zheng, Emily Haisley and Michael I. Norton
Two samples of more than 4,000 millionaires reveal two primary findings. First, only at high levels of wealth—in excess of $8 million (Study 1) and $10 million (Study 2)—are wealthier millionaires happier than millionaires with lower levels of wealth, though these... View Details
Keywords: Income; Well-being; Happiness; Wealth; Money; Attitudes; Situation or Environment
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  • Web

Research Services - Faculty & Research

distraction of fundraising and the constraints of third-party grants or sponsorship. HBS also provides a wide array of services to support faculty in the development of a large number of breakthrough business ideas, innovative course... View Details
  • 29 Sep 2014
  • Research & Ideas

Why Do Outlet Stores Exist?

selling cast-off merchandise, some companies even design specific product lines for sale there. So what's going on? “We take for granted that outlet stores exist, but if you think about it, it's a little weird” "We take for View Details
Keywords: by Michael Blanding; Apparel & Accessories; Fashion; Retail
  • Web

About - Global

1957 MBA students create the International Business Club. 1955 Office of International Relations opens at HBS to coordinate activities of faculty abroad and improve foreigners’ time on campus. 1954 Ford Foundation awards a grant to help... View Details
  • 31 Aug 2015
  • Research & Ideas

How Ben Franklin’s ‘Way to Wealth’ Introduced American Capitalism to the World

economic system at a different rate than they encountered the ideals of capitalism—and the long-term consequences of that gap—is worth exploring,” he says, adding that we take for granted many of the virtues Franklin holds up, such as a... View Details
Keywords: by Julia Hanna
  • 12 Oct 1999
  • Research & Ideas

It Came in the First Ships: Capitalism in America

community of Friends. Persecuted in England for their religious beliefs, they acquired in 1681 a royal grant of land in America, and proceeded to develop their new colony on both religious and commercial principles. The Quaker merchants... View Details
Keywords: by Thomas K. McCraw
  • Web

Independent Projects | Social Enterprise | Harvard Business School

individuals or teams of students work on a project of strategic importance to the organization and report their recommendations at the end of the term. Students undertaking a Social Enterprise Independent Project may be eligible for the Social Enterprise Independent... View Details
  • Portrait Project

Jerome Fulton, Jr.

memory of my mother and dedicated to helping high school students impacted by gun violence. To date, I have awarded fifteen students over $15,000 in grants and scholarships. As I ascend, I will continue turning my pain into purpose and... View Details
  • Web

Finance - Faculty & Research

employee ownership. The company granted restricted stock units (RSUs) to all employees on their one-year anniversary, reinforcing a culture of ownership. As Ingersoll Rand expanded through acquisitions, CEO Vicente Reynal faced critical... View Details
  • 13 Mar 2023
  • Research & Ideas

What Would It Take to Unlock Microfinance's Full Potential?

In randomized control trials all over the world, instead of giving access to a loan, a one-time cash grant was found to have transformative impacts on livelihoods and businesses six months, one year, five years, 10 years later. We learned... View Details
Keywords: by Jen McFarland Flint; Financial Services
  • 12 Apr 2017
  • Research & Ideas

Why Productivity Suffers When Employees Are Allowed to Schedule Their Own Tasks

tasks be completed in a particular order. But in many instances, workers have more freedom over their workday: They can follow the prescribed schedule or else choose to deviate, completing tasks in a different order at their own discretion. It’s easier than ever for... View Details
Keywords: by Carmen Nobel; Health
  • 23 Jan 2024
  • Book

More Than Memes: NFTs Could Be the Next Gen Deed for a Digital World

the deed is just the document granting that ownership/title. We’ll often use the term “deed” slightly casually to cover both meanings in this text, because NFTs correspond more closely to deeds, but often meld both concepts. And just like... View Details
Keywords: by Dina Gerdeman; Information Technology; Technology; Financial Services
  • 2024
  • Working Paper

Human-Computer Interactions in Demand Forecasting and Labor Scheduling Decisions

By: Caleb Kwon, Ananth Raman and Jorge Tamayo
We investigate whether corporate officers should grant managers discretion to override AI-driven demand forecasts and labor scheduling tools. Analyzing five years of administrative data from a large grocery retailer using such an AI tool, encompassing over 500 stores,... View Details
Keywords: AI and Machine Learning; Forecasting and Prediction; Working Conditions; Performance Productivity
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  • January–February 2013
  • Article

When the Crowd Fights Corruption

By: Paul M. Healy and Karthik Ramanna
Corruption is the greatest impediment to conducting business in Russia, according to leaders recently surveyed by the World Economic Forum. Indeed, it's a problem in many emerging markets, and businesses have a role to play in combating it, according to Healy and... View Details
Keywords: Corruption; Emerging Economies; Crime and Corruption; Entrepreneurship; Ethics; Globalization; Russia; Georgia (nation, Asia); India
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  • Web

Global Opportunity Fellowship GO: AFRICA - Alumni

funds) will determine the number of GO: AFRICA Fellowships the School is able to grant each year, as well as the size of each fellowship award. While HBS hopes to grant every recipient the maximum award... View Details
  • 05 Jul 2022
  • What Do You Think?

Have We Seen the Peak of Just-in-Time Inventory Management?

such as Toyota. The approach worked. The amount of inventory needed to support a given sales level shrank. Logistics as a component of the total cost (transport plus inventory) of doing business came down. Customer service, as measured by stockouts, improved. "What we... View Details
Keywords: by James Heskett; Manufacturing; Shipping; Transportation
  • September 2020
  • Case

Minerva 2004: Discovery

By: John R. Wells and Benjamin Weinstock
After nearly five years in operation, Doctor Cynthia Bamdad, founder and CEO of Minerva Biotechnologies Corporation (Minerva), was reflecting on the company’s next steps. In a few short years, she and her small team had managed to develop a nanoparticle process for... View Details
Keywords: Entrepreneurship; Financing and Loans; Strategy; Decision Choices and Conditions; Biotechnology Industry
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  • 12 Jan 2022
  • Blog Post

How I Spent My HBS 2+2 Deferral: Cecil Alfaro-Mora

plan remained the same, but being granted admission at HBS served as a confidence booster, especially in professional and business-related matters. It also made me ask myself regularly: how can I use this time to prepare well for the... View Details