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  • 20 Jan 2010
  • First Look

First Look: Jan. 20

Decentralize? Authors:Nicholas Bloom, Raffaella Sadun, and John Van Reenen Abstract There is a widespread sense that over the last two decades firms have been decentralizing decisions to employees further down the managerial hierarchy. Economists have developed a range... View Details
Keywords: Martha Lagace
  • 01 May 2012
  • First Look

First Look: May 1

thinking about CSR and the privately optimal level of such activities. Download the paper: http://www.hbs.edu/research/pdf/12-091.pdf Delegation in Multi-Establishment Firms: Evidence from I.T. Purchasing Authors: Kristina McElheran... View Details
Keywords: Carmen Nobel
  • 14 Jun 2016
  • First Look

June 14, 2016

individual and organizational capabilities and presents the theory and research on deep smarts. The six most universally found characteristics of this particular kind of expertise are deep domain knowledge, pattern recognition–based... View Details
Keywords: Sean Silverthorne
  • 30 Sep 2016
  • News

Competing Against Luck

taught many of our alums, Professor Clay Christensen, member of the MBA class of 1979, and a 1992 DBA grad. In addition to his teaching, Professor Christensen has written several influential business books, including The Innovator's Dilemma, which introduces the View Details
  • 18 Sep 2006
  • Research & Ideas

When Words Get in the Way: The Failure of Fiscal Language

labeling conventions—representing, in the words of the authors, "an exercise in linguistics, not economics." Like Einstein's General Theory of Relativity, which concluded that concepts like time and distance depend on one's... View Details
Keywords: by Julia Hanna
  • 17 Nov 2015
  • First Look

November 17, 2015

evolving structure of corporate debt markets—and given rise to new questions about the private and social costs and benefits of leverage and, in particular, the role of leverage in affecting the likelihood and extent of systemic financial distress. On the other hand,... View Details
Keywords: Sean Silverthorne
  • 15 Jun 2010
  • First Look

First Look: June 15

Conservative? Towards a Theory of the Role of Standard Setters in Standard Setting Authors:Abigail McIntosh Allen and Karthik Ramanna Abstract We investigate the role of standard setters in a standard setting. In particular, we examine... View Details
Keywords: Martha Lagace
  • 31 May 2016
  • First Look

May 31, 2016

units up to the contract quantity selected in the previous period. We prove that in each period and at each such stage, there are three base-stock levels that characterize an optimal policy, two for the inventory policy and one for the... View Details
Keywords: Sean Silverthorne
  • 26 Mar 2013
  • First Look

First Look: March 26

in State-Controlled Firms By: Pargendler, Mariana, Aldo Musacchio, and Sergio G. Lazzarini Abstract—A large legal and economic literature describes how state-owned enterprises (SOEs) suffer from a variety of agency and political problems. Less View Details
Keywords: Sean Silverthorne
  • 10 Jun 2014
  • First Look

First Look: June 10

effect: the growth rate of an industry within a region may be declining in the level of economic activity of that industry. At the same time, positive spillovers across complementary economic activities can provide an impetus for... View Details
Keywords: Sean Silverthorne
  • 12 Nov 2008
  • First Look

First Look: November 12, 2008

selective annexation using a specific policy rule, I find that areas which experienced direct rule have significantly lower levels of access to schools, health centers, and roads in the post-colonial period. I find evidence that the... View Details
Keywords: Martha Lagace
  • 23 Mar 2010
  • First Look

First Look: March 23

pharmacovigilance in the present era of large-scale pharmaceutical use for chronic conditions. Crossing Boundaries to Investigate Problems in the Field: An Approach to Useful Research Author: Amy C. Edmondson Publication: In Doing Research That Is Useful for View Details
Keywords: Martha Lagace
  • 06 Jun 2017
  • First Look

First Look at New Research and Ideas: June 6, 2017

https://www.hbs.edu/faculty/Pages/item.aspx?num=52723 forthcoming Management Science A Formal Theory of Strategy By: Van den Steen, Eric J. Abstract—What makes a decision strategic? When is strategy most important? This paper formally... View Details
Keywords: Sean Silverthorne
  • 07 Jun 2011
  • First Look

First Look: June 7

at both the senior management and director levels affect corporate philanthropic contributions. We also find that organizational structure constrains the philanthropic influence of board members, but not senior managers, a result that is... View Details
Keywords: Sean Silverthorne
  • 07 Apr 2003
  • Research & Ideas

How the U.S. Army Develops Leaders

filled with peacekeeping, nation building, and a whole range of what we call "operations other than war." Not surprisingly, such confusion over roles and missions at the institutional level resulted in serious identity... View Details
Keywords: by Martha Lagace
  • 07 Nov 2011
  • Research & Ideas

The Forgotten Book that Helped Shape the Modern Economy

curiously thought to be representative of his age. This historiographical problem was clear to many historians in the 1920s and '30s, but was again unfortunately forgotten because of the direction in which economic theory developed in the... View Details
Keywords: by Sean Silverthorne
  • 13 Oct 2015
  • First Look

October 13, 2015

people from higher social class countries (as indexed by GDP per capita) had lower levels of internationalism—that is, they made more friendships domestically than abroad. Publisher's link:... View Details
  • 17 Sep 2013
  • First Look

First Look: September 17

Abstract—We analyze time-series of investor expectations of future stock market returns from six data sources between 1963 and 2011. The six measures of expectations are highly positively correlated with each other, as well as with past stock returns and with the View Details
Keywords: Sean Silverthorne
  • 20 Nov 2012
  • First Look

First Look: November 20

in concentration levels in the U.S. Advertising and Marketing Services industry using data from the U.S. Census Bureau's quinquennial Economic Census and the Service Annual Survey. These data, heretofore largely ignored, allow us to... View Details
Keywords: Sean Silverthorne
  • 08 Jan 2001
  • What Do You Think?

Have We Extended the Boundaries of the Firm Too Far?

capability in order to preserve proprietary information (Kulkarni). Doherty was concerned that organizations might extend their boundaries without a clear strategy. He offered a "2x2" rule-of-thumb strategy for doing this based on the View Details
Keywords: by James Heskett