Publications

19 Sep 2012
Research & Ideas

Funding Innovation: Is Your Firm Doing it Wrong?

urgent needs of the future. Start-ups, on the other hand, are intensely focused on innovation but are also beholden to the impatience and boom-and-bust cycles of the venture View Details

Keywords: by Carmen Nobel

06 Mar 2012
First Look

First Look: March 6

residential real estate and away from more productive investments. Third, the cost of professional investment management is too high, which drains talent from other industries. The financial sector could... View Details

Keywords: Sean Silverthorne

26 Aug 2013
Lessons from the Classroom

Built for Global Competition from the Start

mainstream option for entrepreneurial companies, which was highlighted during a panel discussion in class that included a local venture capital investor and recent HBS entrepreneurs. Several students inquired how the VC viewed and... View Details

Keywords: by Kim Girard; Education

March 2021
Article

Targeted Price Controls on Supermarket Products

By: Alberto Cavallo and Diego Aparicio

We study the impact of targeted price controls for supermarket products in Argentina from 2007 to 2015. Using web scraping, we collected daily prices for controlled and non-controlled goods and measured the differential effects on inflation, product availability, and... View Details

Keywords: Prices; Controls; Price Dispersion; Economics; Price; Cost Management; Goods and Commodities; Retail Industry; Argentina

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19 Sep 2014
News

Peter Thiel on Why Monopolies Matter

Keywords: Paypal; Management of Companies and Enterprises; Management of Companies and Enterprises

07 Oct 2014
News

Network Effect

Henry McCance, founder (left), and Tim Armour, President & CEO, of Cure Alzheimer's Fund Twelve years ago, when Henry McCance (MBA 1966) and his wife initially faced her diagnosis of Alzheimer’s disease, the... View Details

Keywords: Linda Kush

February 1999 (Revised July 2004)
Case

Life as a Minor League CEO Frank Burke and The Chattanooga Lookouts

By: Stephen A. Greyser and Kirk A. Goldman

A "slice of life" depiction of the range of issues and activities experienced by Frank Burke (HBS MBA 1987), the president of a minor league baseball team (the Chattanooga Lookouts). Raises questions of the applicability of MBA skills in this role and the "quotient of... View Details

Keywords: Happiness; Managerial Roles; Entrepreneurship; Business or Company Management; Marketing; Cost Management; Cost vs Benefits; Operations; Sports; Business Education; Sports Industry; Tennessee

June 2003 (Revised August 2003)
Case

Pension Policy at The Boots Company PLC

By: Luis M. Viceira and Akiko M. Mitsui

In early 2000, the trustees of the pension scheme at Boots considered a proposal to move 100% of the pension assets into a bond portfolio, which would be passively managed. The Boots Co. PLC was a leading retailer of cosmetics and toiletries in the United Kingdom, and... View Details

Keywords: Performance Productivity; Employees; Asset Management; Capital Structure; Investment Portfolio; Consumer Products Industry; United Kingdom

September 1992 (Revised August 2010)
Case

The Carried Interest

By: Henry B. Reiling

Makes the point that general partners and others frequently contract to receive a share of any profits that the venture they manage generates. This practice raises the question of whether the value of this contract right should be taxed when it is received or only when... View Details

Keywords: Venture Capital; Cash Flow; Profit Sharing; Taxation; Contracts; Business or Company Management; Partners and Partnerships

03 Feb 2021
Blog Post

Faculty Spotlight: Professor Jurgen Weiss

potentially make electric cars more common and faster than we thought. Can you walk me through it? Jurgen Weiss: Companies like Amazon or FedEx or UPS that own all the delivery trucks look much more closely at the total cost View Details

April 2022
Article

The Past Is Prologue? Venture-Capital Syndicates' Collaborative Experience and Start-Up Exits

By: Dan Wang, Emily Cox Pahnke and Rory M. McDonald

Past research has produced contradictory insights into how prior collaboration between organizations—their relational embeddedness—impacts collective collaborative performance. We theorize that the effect of relational embeddedness on collaborative success is... View Details

Keywords: Inter-organizational Networks; Collaboration; Entrepreneurship; Networks; Organizations; Performance; Venture Capital

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31 May 2016
HBS Case

Who Owns Space?

Development program (CCDev), where it would partner with private New Space companies to share the cost burden of near-Earth activities like supplying the International Space Station. NASA has always had... View Details

Keywords: Re: Matthew C. Weinzierl; Aerospace

15 Dec 2020
Blog Post

MBA Voices Blog: A Year in Review

Latinx community at HBS. LASO is the Latin American Student Organization, a student club on campus. Read More Leaving a Career in Tech for Venture Capital and Entrepreneurship “I was particularly drawn to HBS after hearing about the... View Details

July 2004 (Revised September 2004)
Background Note

Note on Antidilution Provisions: Typology and a Numerical Example

Antidilution provisions are an important element of most financings offered to entrepreneurs by venture capitalists and business angels. Yet few entrepreneurs are familiar with the different types of antidilution provisions and their mechanics. Compares the three most... View Details

Keywords: Venture Capital; Entrepreneurship

March 1993 (Revised July 2008)
Case

Liability Management at General Motors

By: Peter Tufano

An analyst at General Motors charged with managing the structure of the automaker's debt must decide whether and how to modify the interest rate exposure of the firm's most recent debt offering. The analyst must take into consideration GM's liability management policy... View Details

Keywords: Borrowing and Debt; Capital Structure; Financial Management; Interest Rates; Risk Management; Auto Industry; North America

12 Oct 1999
Research & Ideas

Where Main Street Meets Wall Street

years later, both camps benefit enormously from their close ties: the mutual fund is America's investment vehicle of choice, with one in three U.S. households owning a stake in the industry's $5.5 trillion in assets. "By making the... View Details

Keywords: by Garry Emmons; Financial Services

July 2004 (Revised May 2005)
Case

Pfizer's Virtual CIO (Abridged)

By: F. Warren McFarlan and Brian DeLacey

Discusses the IT organization and IT strategy issues facing Pfizer, one of the world's largest pharmaceutical companies. Managing over $1 billion of IT expense, the company has a committee approach for handling all critical IT decisions, an approach that is consistent... View Details

Keywords: Decision Making; Cost Management; Organizational Culture; Strategy; Information Technology; Pharmaceutical Industry