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  • All HBS Web  (5,372)
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  • 01 Sep 2014
  • News

The Changing Nature of Research

for Research HBS funds research internally. By freeing faculty members from the constraints of seeking grants for their work, the School continues its century-long tradition of... View Details

    Brian K. Baik

    Brian Baik is an assistant professor in the Accounting and Management Unit at Harvard Business School. He teaches the Financial Reporting and Control course in the MBA required curriculum.

    Professor Baik studies how information, financial reporting, and... View Details

    Keywords: private equity (LBO funds); venture capital industry
    • 01 Jul 2013
    • News

    Crowdfunding a Poor Investment?

    • 07 Jun 2023
    • Blog Post

    My One Case: MBA Class of 2023 Looks Back

    proof of business viability before raising capital. The scrappiness and resilience displayed by the protagonists resonated deeply with me. Their focus on achieving product-market fit and establishing sound unit economics before seeking... View Details
    • September 2016 (Revised March 2021)
    • Case

    DBL Partners: Double Bottom Line Venture Capital

    By: Shawn Cole, Mark Kramer, Tony L. He, Anshul Maudar and T. Robert Zochowski
    This case explores the origins and current practices of DBL, a San Francisco–based venture capital fund and one of the first impact investment funds to achieve significant financial returns to scale. This case allows for a competitive analysis of DBL's investment... View Details
    Keywords: Venture Capital; Investment Funds; Financial Strategy; Financial Services Industry; Tanzania
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    Cole, Shawn, Mark Kramer, Tony L. He, Anshul Maudar, and T. Robert Zochowski. "DBL Partners: Double Bottom Line Venture Capital." Harvard Business School Case 217-022, September 2016. (Revised March 2021.)
    • 01 Sep 2014
    • News

    Innovation: Revenge of the Nerds

    The HourlyNerd origin story could become an HBS legend: The rapidly growing startup, which connects graduates from top MBA programs with businesses that need project-based consulting, began as a FIELD 3 project—one that fellow HBS classmates doomed to failure. In FIELD... View Details
    Keywords: April White
    • 2024
    • Other Unpublished Work

    A Proposal for the IMF: A New Instrument of International Liquidity Provision for Emerging Markets and Developing Economies

    By: Laura Alfaro, Guillermo Calvo, José de Gregorio, Augusto de la Torre, Pablo Guidotti, Enrique Mendoza, Ernesto Talvi, Liliana Rojas-Suarez and Andrés Velasco
    This paper addresses a critical flaw in the international financial system: the failure to address the inherent asymmetry between countries that issue reserve currencies and those that do not, leaving the latter vulnerable during systemic liquidity crises. We propose... View Details
    Keywords: Macroeconomics; Emerging Markets; Financial Markets; International Finance; Developing Countries and Economies; Latin America
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    Alfaro, Laura, Guillermo Calvo, José de Gregorio, Augusto de la Torre, Pablo Guidotti, Enrique Mendoza, Ernesto Talvi, Liliana Rojas-Suarez, and Andrés Velasco. "A Proposal for the IMF: A New Instrument of International Liquidity Provision for Emerging Markets and Developing Economies." Comité Latinoamericano de Asuntos Financieros (CLAAF) Statement, 345, October 2024.
    • 2023
    • Article

    Digital Health Reimbursement Strategies of 8 European Countries and Israel: Scoping Review and Policy Mapping

    By: Robin van Kessel, Divya Srivastava, Ilias Kyriopoulos, Giovanni Monti, David Novillo-Ortiz, Ran Milman, Wojciech Wilhelm Zhang-Czabanowski, Greta Nasi, Ariel Dora Stern, George Wharton and Elias Mossialos
    Background: The adoption of digital health care within health systems is determined by various factors, including pricing and reimbursement. The reimbursement landscape for digital health in Europe remains underresearched. Although various emergency reimbursement... View Details
    Keywords: Technology Adoption; Health Care and Treatment; Cross-Cultural and Cross-Border Issues; Price; Health Industry; Europe; Israel
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    van Kessel, Robin, Divya Srivastava, Ilias Kyriopoulos, Giovanni Monti, David Novillo-Ortiz, Ran Milman, Wojciech Wilhelm Zhang-Czabanowski, Greta Nasi, Ariel Dora Stern, George Wharton, and Elias Mossialos. "Digital Health Reimbursement Strategies of 8 European Countries and Israel: Scoping Review and Policy Mapping." e49003. JMIR mHealth and uHealth 11 (2023).
    • 01 Dec 2016
    • News

    Alumni Books of 2016

    and challenges facing the modern investor. It follows the rise of funded retirement, the evolution of investment vehicles and techniques, investment misdeeds and regulatory... View Details
    • 2023
    • Working Paper

    The Subjective Expected Utility Approach and a Framework for Defining Project Risk in Terms of Novelty and Feasibility—A Response to Franzoni and Stephan (2023), ‘Uncertainty and Risk-Taking in Science’

    By: Jacqueline N. Lane
    In their Discussion Paper, Franzoni and Stephan (F&S, 2023) discuss the shortcomings of existing peer review models in shaping the funding of risky science. Their discussion offers a conceptual framework for incorporating risk into peer review models of research... View Details
    Keywords: Risk and Uncertainty; Research; Resource Allocation; Perception
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    Lane, Jacqueline N. "The Subjective Expected Utility Approach and a Framework for Defining Project Risk in Terms of Novelty and Feasibility—A Response to Franzoni and Stephan (2023), ‘Uncertainty and Risk-Taking in Science’." Harvard Business School Working Paper, No. 23-037, January 2023.
    • 2025
    • Working Paper

    Too Much, Too Soon? Early Funding, Technological Unconventionality, and Innovation Capabilities

    By: Harsh Ketkar and Maria Roche
    The availability of financial resources significantly shapes firm innovation outcomes, especially for early-stage, innovation-focused technology firms. However, prior research has provided conflicting findings about this relationship: On the one hand, resource... View Details
    Keywords: Startups; Technology Strategy; Novelty; Unconventionality; Resource Constraints; Early Stage Firms; Business Startups; Technological Innovation; Entrepreneurial Finance
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    Ketkar, Harsh, and Maria Roche. "Too Much, Too Soon? Early Funding, Technological Unconventionality, and Innovation Capabilities." Harvard Business School Working Paper, No. 25-032, December 2024. (Revised February 2025.)
    • 30 Apr 2001
    • Research & Ideas

    Entering the Age of Alliances

    competencies of each partner and create two-way value is evidenced by, among others, the collaboration between The College Fund (UNCF) and Merck. UNCF, the largest and oldest minority educational assistance... View Details
    Keywords: by James Austin
    • 08 May 2023
    • Research & Ideas

    How Trump’s Anti-Immigrant Rhetoric Crushed Crowdfunding for Minority Entrepreneurs

    but that gap triples during periods of high public anxiety over immigration in the United States. “When there is the greatest anxiety, we see this funding shortfall.” Banks have historically rejected loan... View Details
    Keywords: by Scott Van Voorhis
    • November 2005 (Revised May 2007)
    • Case

    HP Nanotech: Partnership with CNSI

    Stan Williams, leading nanotech researcher at Hewlett Packard Laboratories, must decide whether to renew the firm's sponsorship of California NanoSystems Institute, spend the funds on internal R&D, or fund foreign universities. Illustrates the challenge of managing... View Details
    Keywords: Information Technology; Partners and Partnerships; Investment; Collaborative Innovation and Invention; Business and Community Relations; Financial Strategy; Technology Industry; California
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    Fleming, Lee, Marie Thursby, and James Quinn. "HP Nanotech: Partnership with CNSI." Harvard Business School Case 606-045, November 2005. (Revised May 2007.)
    • 26 Sep 2019
    • News

    SoftBank Bet Big on Disruptive Companies. Many Have Not Paid Off.

    • August 1993 (Revised December 1993)
    • Case

    Scudder, Stevens & Clark

    By: Jay O. Light and James O. Sailer
    A large multi-product investment counseling firm considers its positioning in the mutual fund business. View Details
    Keywords: Investment; Investment Funds; Product Positioning; Consulting Industry; Service Industry
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    Light, Jay O., and James O. Sailer. "Scudder, Stevens & Clark." Harvard Business School Case 294-026, August 1993. (Revised December 1993.)
    • 05 Aug 2002
    • Research & Ideas

    Understanding the Process of Innovation

    product idea that gets rejected or that gets approved and then bombs will damage the middle manager's career. "As a consequence of this natural process of deciding what to carry forward, the ideas that... View Details
    Keywords: by Loren Gray
    • August 2013 (Revised November 2015)
    • Case

    Prudential Financial - General Motors Pension Risk Transfer: Back to the Future?

    By: Luis M. Viceira and Emily A. Chien

    In November 2012, Prudential Financial and General Motors closed on a $25.1B pension risk transfer (PRT) transaction, the largest of its kind to date by an order of magnitude both in the U.S. market and globally. In exchange for an in-kind transfer of $25.1B in... View Details

    Keywords: Risk Management; Asset Management; Insurance; Retirement; Financial Services Industry; Insurance Industry
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    Viceira, Luis M., and Emily A. Chien. "Prudential Financial - General Motors Pension Risk Transfer: Back to the Future?" Harvard Business School Case 213-126, August 2013. (Revised November 2015.)

      Ratan Naval Tata

      Keywords: Diversified
      • 12 Oct 1999
      • Research & Ideas

      Where Main Street Meets Wall Street

      years, the mutual fund would shake up established norms of wealth creation and distribution in the United States. Indeed, it would help reshape America by uniting Wall Street and Main Street, two disparate... View Details
      Keywords: by Garry Emmons; Financial Services
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