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  • July 2016
  • Article

Taxation, Corruption, and Growth

By: Philippe Aghion, Ufuk Akcigit, Julia Cagé and William R. Kerr
We build an endogenous growth model to analyze the relationships between taxation, corruption, and economic growth. Entrepreneurs lie at the center of the model and face disincentive effects from taxation but acquire positive benefits from public infrastructure.... View Details
Keywords: Endogenous Growth; Public Goods; Corruption; Crime and Corruption; Entrepreneurship; Taxation; Economic Growth
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  • 2013
  • Working Paper

Learning from Double-Digit Growth Experiences

By: Eric D. Werker
This extended memorandum identifies episodes of sustained double-digit growth in real GDP, defined as a compound annual growth rate of 10 percent or more over a period of 8 years or longer. Using a measure of real GDP reported in the World Development Indicators, we... View Details
Keywords: Growth; Liberia
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  • May 2012 (Revised July 2012)
  • Case

Credit Unions: The Future of the Cooperative Financial Institution

By: Robert C. Pozen and Grace Hou
Credit unions are a specialized type of depository institution with a cooperative, non-profit structure and a federal tax exemption. They originated as small, cooperative institutions with an emphasis on uncollateralized consumer lending to the unbanked... View Details
Keywords: Banking; Credit Unions; Banks and Banking
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  • 2018
  • Working Paper

Hot or Not? What Makes Product Categories Attractive to Fair Trade and Eco-labeling Organizations

By: Kristin Sippl
This paper probes extant theory on product diversification in the empirical realm of fair trade and eco-labeling organizations (i.e., certification organizations). While much is known about diversification in for-profit firms, less is known about the more complex... View Details
Keywords: Hybrid Organizations; Fair Trade; Eco-labeling; Goods and Commodities; Diversification; Strategy
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  • March 2012
  • Article

Enriching the Ecosystem

By: Rosabeth Moss Kanter
To remain a leader in innovation, the United States needs the support of foundational institutions that help seed, grow, and renew enterprises. Historically, these institutions-such as universities, venture creators, labor markets, and job-training programs-have tended... View Details
Keywords: Innovation and Invention; Organizations; Research and Development; Social and Collaborative Networks; Growth and Development Strategy; United States
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  • Web

Blavatnik Fellowship in Life Science Entrepreneurship - Health Care

Blavatnik Fellowship in Life Science Entrepreneurship Blavatnik Fellowship in Life Science Entrepreneurship Building Businesses around Breakthrough Science 24 AUG 2017 Harvard Business School The Science of... View Details
  • 09 Jan 2024
  • Research & Ideas

Could Clean Hydrogen Become Affordable at Scale by 2030?

Hydrogen is poised to move from the sidelines of global clean energy as the industry learns to produce it more efficiently and at lower cost, according to newly published research led by Gunther Glenk, a climate fellow with Harvard Business School's Institute for the... View Details
Keywords: by Desmond Dodd; Energy; Green Technology
  • 10 Oct 2023
  • Research & Ideas

In Empowering Black Voters, Did a Landmark Law Stir White Angst?

Harvard Business School who co-authored the report. By 1980, 15 years after the law’s passage, Black voter registration had increased by 23 percent in southern counties covered by the new law, find Tabellini and his colleagues. Yet, white... View Details
Keywords: by Rachel Layne
  • Web

Clusters - Institute For Strategy And Competitiveness

and new business formation. Building & Upgrading Clusters Tourism Cluster in Cairns, Australia In Cairn, this cluster (a group of interrelated businesses and institutions) was built around the Great Barrier... View Details
  • 2015
  • Working Paper

The U.S. Experiment with Fair Trade Laws: State Police Powers, Federal Antitrust, and the Politics of 'Fairness,' 1890-1938

By: Laura Phillips Sawyer
Prior to the Great Depression and President Franklin Roosevelt's New Deal programs, considerable pressure for antitrust revision came from trade associations of independent proprietors. A perhaps unlikely leader, Edna Gleason, organized California's retail pharmacists... View Details
Keywords: Competition; Fairness; Laws and Statutes; Supply and Industry; Business and Government Relations
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  • 22 Jul 2020
  • Blog Post

Why We Started the HBS Black Investment Club

INSPIRED BY RECENT EVENTS The protests against the unjust murders of George Floyd, Ahmaud Arbery, Breonna Taylor, and countless others since have mobilized the nation to take a stand in support of the Black Lives Matter (BLM) movement and against the many View Details
  • Web

Campus & Community | About

School-wide aspiration: to make HBS a model of the highest standards essential to responsible leadership in the modern business world. School Policies Our Community Values and the View Details
  • Web

General Management - Faculty & Research

set of policy constraints when considering the use of capital controls in models of pecuniary externalities. July 10, 2025 Article How to Build a Life: How to Keep on the Sunny Side of Life By: Arthur C. Brooks 2025 Chapter An Appraisal... View Details
  • Web

Policies, Rules & Guidelines | About

management of real or perceived conflicts relating to Conflict of Interest, Relationships with Third Parties / Gift Policy, & Conflict of Commitment. Demonstration Policy Harvard Business School endorses the... View Details
  • Web

Sign up for our e-mail newsletter - HBS Working Knowledge

Sign up for our e-mail newsletter Sign up for the weekly Working Knowledge e-mail newsletter, offering business leaders cutting-edge research and ideas from Harvard Business School faculty. This site is... View Details
  • 13 Jan 2021
  • Blog Post

Welcome to the BEI Blog!

possibilities of clean tech; how to reimagine capitalism; and understanding and managing the financial risks associated with climate change. Through our Climate Rising podcast, we bring together business and View Details
  • March 2011
  • Article

What Do Dividends Tell Us About Earnings Quality

By: Douglas Skinner and Eugene F. Soltes
Over the past 30 years, there have been significant changes in the distribution of earnings (cross-sectional variation has increased, with increasing left skewness) as well as in corporate payout policy, with many fewer firms paying dividends and the emergence of stock... View Details
Keywords: Distribution; Business Earnings; Change; Policy; Stocks; Investment Return; Performance Consistency; Quality
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  • 2025
  • Working Paper

When Where Watt: Harnessing the Value of Time and Location for Renewable Electricity Generation

By: Vishrut Rana, Christian Kaps and Serguei Netessine
Problem definition: Investments in renewable energy have surged worldwide in recent years, with over $2 trillion spent globally on clean energy. This surge was driven by growing policy support, concerns about energy security, and, most importantly, the cost... View Details
Keywords: Wind Power; Electricity Distribution; Renewable Energy; Profit; Investment Return; Factories, Labs, and Plants; Geographic Location; Revenue; Energy Industry; Utilities Industry
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  • 2010
  • Working Paper

Corporate Governance When Founders Are Directors

By: Feng Li and Suraj Srinivasan
We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms offer a different mix of incentives to their CEOs than other firms.... View Details
Keywords: Business Startups; Governing and Advisory Boards; Executive Compensation; Retention; Managerial Roles; United States
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  • 14 Feb 2023
  • Research & Ideas

When a Vacation Isn’t Enough, a Sabbatical Can Recharge Your Life—and Your Career

sabbatical, DiDonna returned to his alma mater, University of Notre Dame, and ran a lab for domestic policy research. All along, however, colleagues and friends kept asking him about his pilgrimage and its impact on him. He decided to... View Details
Keywords: by Michael Blanding