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  • 21 Sep 2020
  • Working Paper Summaries

The Targeting and Impact of Paycheck Protection Program Loans to Small Businesses

Keywords: by Alexander Bartik, Zoë B. Cullen, Edward L. Glaeser, Michael Luca, Christopher Stanton, and Adi Sunderam
  • 08 Oct 2012
  • Research & Ideas

The Immigrants Who Built America’s Financial System

unpromising situation stepped Alexander Hamilton, an orphaned, illegitimate (and brilliant) native of the West Indies who grew up in St. Croix and in 1789 became the first Secretary of the Treasury. Hamilton, along with Swiss-born Albert... View Details
Keywords: by Julia Hanna; Financial Services; Banking
  • 18 Apr 2020
  • Working Paper Summaries

How Are Small Businesses Adjusting to COVID-19? Early Evidence From a Survey

Keywords: by Alexander Bartik, Marianne Bertrand, Zoë B. Cullen, Edward L. Glaeser, Michael Luca, and Christopher Stanton
  • 26 Sep 2023
  • Cold Call Podcast

The PGA Tour and LIV Golf Merger: Competition vs. Cooperation

Keywords: Sports
  • June 2013 (Revised August 2020)
  • Case

Bonnie Road

By: Arthur I Segel, John H. Vogel, Jr. and Lisa Strope
Victor Alexander was intrigued by the packet of papers that lay in front of him. The papers comprised a brochure that Garden State Bank had put together in an effort to sell the Bonnie Road Distribution Center in Somerset, New Jersey, for $9.7 million. It was April... View Details
Keywords: Real Estate; Investment; Acquisition; Buildings and Facilities; Property; Partners and Partnerships; Decision Choices and Conditions; Distribution Industry; Real Estate Industry; Texas
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Segel, Arthur I., John H. Vogel, Jr., and Lisa Strope. "Bonnie Road." Harvard Business School Case 813-186, June 2013. (Revised August 2020.)
  • 03 May 2024
  • Research & Ideas

How Much Does Proximity Influence Startup Innovation? 20 Meters' Worth to Be Exact

startups might as well be located on different floors entirely, Roche says. And, the benefit, as measured by how much neighbors adopt each others’ web technology, is strongest when the neighboring startups focus on very different markets... View Details
Keywords: by Ben Rand
  • September 2017 (Revised July 2023)
  • Case

Adaptive Platform Trials: The Clinical Trial of the Future?

By: Ariel D. Stern and Sarah Mehta
In July 2017, Dr. Brian M. Alexander, president and CEO of the AGILE Research Foundation, was preparing to launch a new type of clinical trial—an adaptive platform trial—to study potential therapies for glioblastoma (GBM), an aggressive form of brain cancer.... View Details
Keywords: Clinical Trials; Cancer; Adaptive Platform Trials; Platform Trials; Adaptive Trials; Glioblastoma; Health; Health Care and Treatment; Health Testing and Trials; Business Strategy; Innovation Strategy; Health Industry; United States
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Stern, Ariel D., and Sarah Mehta. "Adaptive Platform Trials: The Clinical Trial of the Future?" Harvard Business School Case 618-025, September 2017. (Revised July 2023.)
  • 25 Jan 2021
  • Book

In a Nutshell, Why American Capitalism Succeeded

organize this project, I was struck by James Truslow Adam’s 1929 book Our Business Civilization, which argued that, unlike prior countries in history, “business” had come to dominate American society, politics, and culture. At the time he... View Details
Keywords: by Sean Silverthorne; Manufacturing
  • 10 Feb 2020
  • In Practice

6 Ways That Emerging Technology Is Disrupting Business Strategy

Alexander J. MacKay, an assistant professor of business administration who studies the economics of competition. 4. Platforms are upending traditional business models   “Emerging technologies of all types and forms are helping companies... View Details
Keywords: by Danielle Kost
  • 05 Nov 2021
  • Op-Ed

Is the Business World Finally Ready for the Wisdom of Shibusawa?

Alexander Hamilton Clearly, he was a remarkable historical figure. He was born in 1840 in a feudal country that had largely cut itself off from the rest of the world for centuries. By the time he died in... View Details
Keywords: by Geoffrey Jones and Rei Morimoto; Financial Services; Retail
  • 13 Sep 2012
  • Research & Ideas

Why Public Companies Underinvest in the Future

Investment Behavior of Public and Private Firms," written by Farre-Mensa with New York University's John Asker and Alexander Ljungqvist, details how and why public and private companies differ when it... View Details
Keywords: by Maggie Starvish
  • 05 Apr 2004
  • What Do You Think?

Should We Brace Ourselves for Another Era of M&A Value Destruction?

Summing Up In the end, M&A is about buying more volume. It is a flawed process, invented by brokers, lawyers, and super-sized, ego-based CEOs." With this comment, Ellis Baxter summed up the thinking of the majority of those... View Details
Keywords: by James Heskett
  • July 2023
  • Article

Takahashi-Alexander Revisited: Modeling Private Equity Portfolio Outcomes Using Historical Simulations

By: Dawson Beutler, Alex Billias, Sam Holt, Josh Lerner and TzuHwan Seet
In 2001, Dean Takahashi and Seth Alexander of the Yale University Investments Office developed a deterministic model for estimating future cash flows and valuations for the Yale endowment’s private equity portfolio. Their model, which is simple and intuitive, is still... View Details
Keywords: Forecasting and Prediction; Investment Portfolio; Analytics and Data Science
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Beutler, Dawson, Alex Billias, Sam Holt, Josh Lerner, and TzuHwan Seet. "Takahashi-Alexander Revisited: Modeling Private Equity Portfolio Outcomes Using Historical Simulations." Journal of Portfolio Management 49, no. 7 (July 2023): 144–158.
  • 05 Aug 2010
  • What Do You Think?

What Is Customer Opinion Good For?

Summing Up Customer inputs to the product development process count, but in different ways and at different times, according to many responding to this month's column. As Alexander Gat put it, competing and pioneering products "should... View Details
Keywords: by Jim Heskett; Technology
  • 01 Aug 2008
  • What Do You Think?

Has the Time Come for “Stretch” in Management?

be." It raises the question, would we know a stretch goal when we see it? Perhaps the best response to that question was from Sujeet Prabhu, who commented that "Stretch goals are goals (which), if achieved by your competitors,... View Details
Keywords: by Jim Heskett
  • 24 Aug 2020
  • Research & Ideas

How Much Will Remote Work Continue After the Pandemic?

from Firm-Level Surveys, was conducted by Harvard Business School Assistant Professor Zoe Cullen and Associate Professors Michael Luca and Christopher Stanton, with colleagues Alexander Bartik, an economics... View Details
Keywords: by Kristen Senz
  • 05 Jul 2006
  • Research & Ideas

The Accidental Innovator

accidents. A surprising number of important discoveries and inventions are associated with stories about spillage, breakage, and other manner of unintended action that led to valuable, though unexpected, outcomes. Probably the most famous is View Details
Keywords: by Sarah Jane Gilbert
  • Research Summary

Overview

Professor MacKay combines theory and measurement to deliver new insights about price competition and consumer preferences. In current and published papers, his research addresses how strategic pricing decisions may be influenced by algorithms, long-term contracts,... View Details

Keywords: Price Effects; Competition Policy; Algorithms; Online Competition; Dynamic Pricing; Beliefs; Preferences; Preference Heterogeneity; Preference Measurement; Competition; Microeconomics; Strategy; Integration; Cooperation
  • 19 Feb 2007
  • Research & Ideas

Inexperienced Investors and Market Bubbles

MacKay observed in 1852, "even chimney-sweeps and old clotheswomen dabbled in tulips." These days it's not just chimney-sweeps who are lured to investment heartbreak. New research suggests that even professional fund managers—if... View Details
Keywords: by Sean Silverthorne; Financial Services
  • 02 Apr 2010
  • What Do You Think?

Why Are Fewer and Fewer U.S. Employees Satisfied With Their Jobs?

focus on employees and more on business and profitability." Phil Clark posited that knowledge work that deals with intangible results and hard-to-pinpoint accomplishments "just isn't as satisfying" as work used to be. John View Details
Keywords: by Jim Heskett
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