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  • All HBS Web  (149)
    • News  (53)
    • Research  (58)
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  • All HBS Web  (149)
    • News  (53)
    • Research  (58)
    • Events  (1)
    • Multimedia  (2)
  • Faculty Publications  (28)
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  • March 2002 (Revised March 2002)
  • Case

Note on Regulatory Choices

For many firms, government interaction is expansive, influencing the conduct of firms and industry structure. The visible hand of government, in the form of a regulatory scheme, plays a role in firm affairs along with the invisible hand of market forces. Deregulation... View Details
Keywords: Decision Choices and Conditions; Governance Compliance
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Dyck, Alexander, and Indra Reinbergs. "Note on Regulatory Choices." Harvard Business School Case 702-054, March 2002. (Revised March 2002.)
  • Article

The Translucent Hand of Managed Ecosystems: Engaging Communities for Value Creation and Capture

By: Elizabeth J. Altman, Frank Nagle and Michael Tushman
Management research has increasingly explored the domains of ecosystems, platforms, and open/user/distributed innovation—governance structures focused on engaging with external communities. While these research areas include substantial empirical and theoretical work... View Details
Keywords: Ecosystems; Platforms; Open And User Innovation Strategy; Capabilities; Governance; Innovation Strategy; Organizational Change and Adaptation; Value Creation
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Altman, Elizabeth J., Frank Nagle, and Michael Tushman. "The Translucent Hand of Managed Ecosystems: Engaging Communities for Value Creation and Capture." Academy of Management Annals 16, no. 1 (January 2022): 70–101.
  • 2011
  • Book

Capitalism: Its Origins and Evolution as a System of Governance

By: Bruce R. Scott
Capitalism, as defined in this book, is an indirect, three-level system of governance for economic relationships (i.e., economic, administrative, and political). Whereas economic markets can coordinate supply and demand within an existing system thanks to the invisible... View Details
Keywords: Economic Systems; Price; Governance; Government and Politics; Books; Markets; Relationships; System
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Scott, Bruce R. Capitalism: Its Origins and Evolution as a System of Governance. Springer, 2011.
  • March 2013
  • Article

From Social Control to Financial Economics: The Linked Ecologies of Economics and Business in Twentieth Century America

By: Marion Fourcade and Rakesh Khurana
This article draws on historical material to examine the co-evolution of economic science and business education over the course of the twentieth century, showing that fields evolve not only through internal struggles but also through struggles taking place in adjacent... View Details
Keywords: Professions; Disciplines; Neo-Liberalism; Education; Economics; Finance; Society; United States
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Fourcade, Marion, and Rakesh Khurana. "From Social Control to Financial Economics: The Linked Ecologies of Economics and Business in Twentieth Century America." Theory and Society 42, no. 2 (March 2013): 121–159.
  • Article

The Evolution of Science-Based Business: Innovating How We Innovate

By: Gary P. Pisano
Science has long been connected to innovation and to business. As early as the late 19th century, chemical companies, realizing the commercial potential of science, created the first industrial research laboratories. During much of the 20th century, large-scale... View Details
Keywords: Entrepreneurship; Governance; Innovation and Management; Risk Management; Research and Development; Science-Based Business; Commercialization
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Pisano, Gary P. "The Evolution of Science-Based Business: Innovating How We Innovate." Special Issue on Management Innovation—Essays in the Spirit of Alfred D. Chandler. Industrial and Corporate Change 19, no. 2 (April 2010): 465–482.
  • 25 Feb 2014
  • First Look

First Look: February 25

  Publications August 2013 Social Psychological & Personality Science Matchmaking Promotes Happiness By: Anik, Lalin, and Michael I. Norton Abstract—Four studies document and explore the psychology underlying people's proclivity to connect people to each other-to... View Details
Keywords: Sean Silverthorne
  • 2022
  • Other Teaching and Training Material

Organizational Behavior Reading: Managing Differences

By: Robin Ely and Colleen Ammerman
This reading provides principles and practices managers can draw upon to leverage differences in social identities - such as gender and race - to create more effective work relationships, teams, and organizations. The Essential Reading's first section draws upon... View Details
Keywords: Diversity; Groups and Teams; Prejudice and Bias; Identity; Management Practices and Processes
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Ely, Robin, and Colleen Ammerman. "Organizational Behavior Reading: Managing Differences." Core Curriculum Readings Series. Boston, MA: Harvard Business Publishing 8394, 2022.
  • 03 Mar 2023
  • Research & Ideas

When Showing Know-How Backfires for Women Managers

Fixing the impression management problem Feldberg urges managers to be aware of these invisible pressures and for supervisors to hire more women into managerial roles, which reduces this behavior. She found that gender differences in... View Details
Keywords: by Kara Baskin; Retail; Consumer Products
  • 06 Feb 2020
  • Research & Ideas

What We Learned from Reading Jeff Bezos’ Patents

strategic priorities, which remain largely invisible outside the company. Despite this secrecy, Bezos’ patents offer clues about the technologies the CEO considers important to the company's future. Previous studies have shown that CEO... View Details
Keywords: by Tricia Gregg and Boris Groysberg; Retail
  • 25 Jun 2024
  • Research & Ideas

How Transparency Sped Innovation in a $13 Billion Wireless Sector

by about 17 percent, Greenstein explains. “There are lots of suppliers behind the scenes inventing new ways of designing their components and redesigning and restructuring the supply chain,” says Greenstein. “In our paper, we brought out something that was otherwise... View Details
Keywords: by Jay Fitzgerald; Technology
  • 06 Jul 2016
  • What Do You Think?

How Do We Pay for the Costs of Globalization?

political process.(including Marco’s comment that “political campaign financing is a related issue”). Those proposing remedies implicitly seemed to agree with RCW’s comment that, “Historic thinking seems to be: ‘It will all work itself out for the best somehow. Let... View Details
Keywords: by James L. Heskett; Manufacturing
  • 16 Mar 2015
  • Research & Ideas

Advice on Advice

clearly lay out how he or she got to the recommended options from where the advice-seeker started. Mistakes Of Advice-givers Those who give advice often make several mistakes of their own, such as overstepping invisible boundaries with... View Details
Keywords: by Dina Gerdeman
  • 04 Nov 2009
  • What Do You Think?

What is the Role of Government Vis-à-Vis Capitalism?

asked, "If we take the invisible hand of capitalism away would we ever learn from our mistakes? The more government steps in the more accountability for actions decreases." Charles Green set forth an opposing view: "In the... View Details
Keywords: by Jim Heskett
  • 12 Mar 2006
  • Research & Ideas

New Research Explores Multi-Sided Markets

to fundamental functions they do not yet have, which could prove distracting and counterproductive. Q: What research are you working on now? A: I have just finished a book on software platforms, Invisible Engines: How Software Platforms... View Details
Keywords: by Sean Silverthorne; Technology
  • 16 Jan 2006
  • Research & Ideas

Adam Smith, Behavioral Economist?

Adam Smith's The Wealth of Nations, first published in 1776, helped create the discipline of economics with its conjuring of the invisible hand, self-interest, and other explanations of market forces that have influenced academics,... View Details
Keywords: by Ann Cullen
  • 15 Dec 2003
  • Research & Ideas

Women Leaders and Organizational Change

certain subset of men—white, middle class professionals—or consider how this might not only limit who progresses but also constrain our very sense of what organizations are and what they can accomplish. This aspect of the "white male power structure" is View Details
Keywords: by Mallory Stark
  • 17 Jan 2019
  • Research & Ideas

Why Business Should Support Employees Who Are Caregivers

because of caregiving needs, the costs could be significant. Add in wasted investments in ineffective or underused benefits and this hidden crisis becomes clear, Fuller says. Building a “care culture” Caregiving has long been an invisible... View Details
Keywords: by Danielle Kost; Health
  • 09 Dec 2002
  • Research & Ideas

Most Accountants Aren’t Crooks—Why Good Audits Go Bad

Many human vices spring from this reflex. We postpone routine dental checkups because of the cost and inconvenience and the largely invisible long-term gain. In the same way, auditors may hesitate to issue critical audit reports because... View Details
Keywords: by Max H. Bazerman, George Loewenstein & Don A. Moore; Accounting; Financial Services
  • 19 Dec 2006
  • First Look

First Look: December 19, 2006

own and control the use of property in accord with their own interests, and where the invisible hand of the pricing mechanism coordinates supply and demand in markets in a way that is automatically in the best interests of society.... View Details
Keywords: Sean Silverthorne
  • 01 Aug 2018
  • What Do You Think?

Are Free Trade and Free Markets Quaint Ideas From the Past?

regulations, domestic content requirements, anti-dumping rules, and, if necessary, even selective tariffs to protect industries and workers. In other words, something far short of what we generally define as free trade or the invisible... View Details
Keywords: by James Heskett
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