Publications

winter 1992
Article

Roundtable on U.S. Risk Capital and Innovation (With a Look at Eastern Europe)

By: G. Baty, W. Bygrave, D. Chew, P. Finegan, K. A. Froot, T. Gray, J. Kensiger, G. W. Loveman, S. Magee and J. Martin

Keywords: Risk and Uncertainty; Capital; Innovation and Invention; United States; Europe

March 1993 (Revised June 1993)
Supplement

McCaw Cellular Communications, Inc. (B)

Describes McCaw Cellular Communications, Inc.'s investment decision and strategic plans in 1990, following the situation in the (A) case. Outlines the competitive situation in other types of mobile communications in the United States and the United Kingdom in 1991. View Details

Keywords: Risk and Uncertainty; Communication Technology; Competition; Mobile Technology; Telecommunications Industry; United Kingdom; United States

23 Dec 2014
First Look

First Look: December 23

interference when identifying an object from others' spatial perspectives, and relied more heavily on privileged knowledge when inferring others' beliefs. Using both experimental-causal-chain and measurement-of-mediation approaches, we found that these effects were... View Details

Keywords: Carmen Nobel

March 2023
Article

Attracting the Sharks: Corporate Innovation and Securities Class Action Lawsuits

By: Elisabeth Kempf and Oliver Spalt

This paper provides novel evidence suggesting that securities class action lawsuits, a central pillar of the U.S. litigation and corporate governance system, can constitute an obstacle to valuable corporate innovation. We first establish that valuable innovation output... View Details

Keywords: Class-action Litigation; Turnover; Lawsuits and Litigation; Innovation and Invention; Risk and Uncertainty

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Article

Choice Architects Reveal a Bias Toward Positivity and Certainty

By: David P. Daniels and Julian Zlatev

Biases influence important decisions, but little is known about whether and how individuals try to exploit others’ biases in strategic interactions. Choice architects—that is, people who present choices to others—must often decide between presenting choice sets with... View Details

Keywords: Nudges; Biases; Strategic Decision Making; Social Influence; Choice Architects; Choice Architecture; Reflection Effect; Certainty Effect; Loss Aversion; Decision Making; Risk and Uncertainty; Power and Influence

April 2017
Article

Financing Risk and Innovation

By: Ramana Nanda and Matthew Rhodes-Kropf

We provide a model of investment into new ventures that demonstrates why some places, times, and industries should be associated with a greater degree of experimentation by investors. Investors respond to financing risk―a forecast of limited future funding―by modifying... View Details

Keywords: Risk and Uncertainty; Financing and Loans; Innovation and Invention

Read Now

July 2002 (Revised July 2008)
Case

Value Retail

By: Arthur I Segel and Ani M Vartanian

Scott Malkin, CEO of Value Retail, a developer and operator of European outlet villages serving luxury brands, is planning on developing a 18,503 m2 open-air outlet village to be built 98 kilometers south of Milan on land he was about to acquire for 7.26 million lira.... View Details

Keywords: Acquisition; Investment; Risk and Uncertainty; Expansion; Retail Industry; Milan

Educators

September–October 1995
Article

Is Foreign Infrastructure Investment Still Risky?

By: L. T. Wells Jr. and E. S. Gleason

Keywords: Investment; Risk and Uncertainty; Global Range

01 Oct 1998
News

New Releases

an organized framework to help individuals make intelligent choices. It presents ways to identify the right problem or opportunity, probe one's values, generate and evaluate alternatives, think about tradeoffs, and cope with uncertainties... View Details

01 Dec 1999
News

New Jakurski Chair Supports Research in Global Finance

endow a chair at the School. After graduating from HBS as a Baker Scholar, he worked for a number of years at Unibanco, Brazil's third largest bank, including service as executive director. In 1983, he and three partners founded Pactual, a Rio brokerage firm. During a... View Details

01 Sep 2004
News

Books

productivity. Professor Lerner and his coauthor show how legal changes initiated in the 1980s converted the system from a stimulator of innovation to a creator of litigation and uncertainty that threatens the innovation process itself. View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

22 Feb 2022
News

Launch Codes

capitalized, loss-making technology company is what it took for me to learn that! —Steve Papa (MBA 1999) founder of Endeca; founder and current CEO at Parallel Wireless; longtime NVC judge and mentor Tenacity Amid Uncertainty I applied to... View Details

Keywords: Dan Morrell; illustrations by Alvaro Dominguez

1971
Chapter

Risk, the Pricing of Capital Assets, and the Evaluation of Investment Portfolios

By: Michael Jensen

Keywords: Investment Portfolio; Risk and Uncertainty; Capital; Asset Pricing; Performance Evaluation

March 1968 (Revised July 2010)
Case

Basic Industries

By: Joseph L. Bower and John W. Rosenblum

Policy problems, mainly organizational issues, face a young middle manager in the context of capital budgeting in a highly technological conglomerate firm with high market uncertainty. View Details

Keywords: Business Conglomerates; Capital Budgeting; Policy; Managerial Roles; Risk and Uncertainty

Educators

21 May 2008
Research & Ideas

Going Negative in Political Advertising

choice and the uncertainty about who will prevail has fueled heavy media coverage and grassroots activism that add to voter interest. Choice and uncertainty also spawn fierce competition. The result of the... View Details

Keywords: by John Quelch

14 Feb 2023
Blog Post

Recruiting During Uncertainty: How to Meet Students Where They Are

will I hear back? The key to managing this uncertainty is transparency. Including hiring timelines within job postings, sharing information about the number of open positions with Career & Professional Development, and keeping open... View Details

Keywords: All Industries

June 1997 (Revised November 1998)
Case

Sky Air, Inc.

By: Paul A. Gompers

Concerns a fictitious airline company and examines the moral hazard situation that results within a firm. Provides an opportunity to discuss corporate governance and contracting under uncertainty. View Details

Keywords: Ethics; Corporate Governance; Contracts; Risk and Uncertainty; Air Transportation Industry

Educators