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  • All HBS Web  (1,371)
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  • 2014
  • Working Paper

The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game

By: Karen G. Mills and Brayden McCarthy
Small businesses are core to America's economic competitiveness. Not only do they employ half of the nation's private sector workforce—about 120 million people—but since 1995 they have created approximately two-thirds of the net new jobs in our country. Yet in recent... View Details
Keywords: Small Business; Financing and Loans; United States
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Mills, Karen G., and Brayden McCarthy. "The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game." Harvard Business School Working Paper, No. 15-004, July 2014.

    Dutch Leonard

    Herman B. ("Dutch") Leonard is Eliot I. Snider and Family Professor of Business Administration at the Harvard Business School and the George F. Baker, Jr. Professor of Public Sector Management at Harvard University's John F. Kennedy School of Government. In... View Details

    Keywords: education industry; federal government; health care; nonprofit industry; state government
    • 16 Dec 2014
    • News

    The Power of Market Creation

    • 07 Feb 2017
    • News

    How Immigrants Have Contributed to American Inventiveness

    • Article

    Corruption and Firms

    By: Emanuele Colonnelli and Mounu Prem
    We estimate the causal real economic effects of a randomized anti-corruption crackdown on local governments in Brazil using rich micro-data on corruption and firms. After anti-corruption audits, municipalities experience an increase in the number of firms concentrated... View Details
    Keywords: Crime and Corruption; Economy; Business and Government Relations; Policy; Brazil
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    Colonnelli, Emanuele, and Mounu Prem. "Corruption and Firms." Review of Economic Studies 89, no. 2 (March 2022): 695–732.
    • 2020
    • Working Paper

    The Impact of CEOs in the Public Sector: Evidence from the English NHS

    By: Katharina Janke, Carol Propper and Raffaella Sadun
    Abstract Governments worldwide have sought to reform the delivery of public services by mimicking private sector governance models that grant CEOs greater autonomy and give them responsibility for meeting key government targets. We examine the effectiveness of this... View Details
    Keywords: CEOs; Management; Performance; Public Sector; Measurement and Metrics; Health Industry
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    Janke, Katharina, Carol Propper, and Raffaella Sadun. "The Impact of CEOs in the Public Sector: Evidence from the English NHS." Harvard Business School Working Paper, No. 18-075, March 2018. (Revised September 2020.)
    • 11 Jun 2013
    • First Look

    First Look: June 11

    alternative explanations for some important empirical observations in IB, such as bunching and second-mover advantage in market entries. 2006 Journal of Financial Economics How Do Staggered Boards Affect Shareholder Value? Evidence from a... View Details
    Keywords: Carmen Nobel
    • 2016
    • Working Paper

    Bias in Official Fiscal Forecasts: Can Private Forecasts Help?

    By: Jeffrey A. Frankel and Jesse Schreger
    Government forecasts of GDP growth and budget balances are generally more over optimistic than private sector forecasts. When official forecasts are especially optimistic relative to private forecasts ex ante, they are more likely also to be over optimistic relative to... View Details
    Keywords: Forecasting and Prediction; Macroeconomics
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    Frankel, Jeffrey A., and Jesse Schreger. "Bias in Official Fiscal Forecasts: Can Private Forecasts Help?" NBER Working Paper Series, No. 22349, June 2016.
    • February 2023 (Revised June 2023)
    • Case

    Doing Business in São Paulo, Brazil

    By: Hise O. Gibson, Leonard A. Schlesinger, Ruth Costas and Pedro Levindo
    The case uses the example of a large investment made by French retail group Carrefour in Brazil to discuss the opportunities and challenges of doing business in the country. It gives readers an overview of Brazil’s economic transformation since its colonial years until... View Details
    Keywords: Business Cycles; Development Economics; Developing Countries and Economies; Economic Growth; Economic Sectors; Economy; Macroeconomics; Business History; Brazil; Latin America
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    Gibson, Hise O., Leonard A. Schlesinger, Ruth Costas, and Pedro Levindo. "Doing Business in São Paulo, Brazil." Harvard Business School Case 323-084, February 2023. (Revised June 2023.)
    • Career Coach

    Didier Dumerjean

    Didier is excited to brainstorm with students seeking to build portfolio careers different ways to architect a diversified portfolio that centers impact. Having held a wide variety of roles across sectors and domains, including View Details
    • April 2011 (Revised February 2016)
    • Case

    Jamaica's Anemic Growth: The IMF, China and the Debt(th) Trap

    By: Rafael Di Tella and Natalie Kindred
    This case describes the economic development problems faced by the small Caribbean-island country of Jamaica over most of the past half-century. The Jamaican economy showed relatively strong growth in the 1960s but stagnated in the 1970s. By the end of that decade,... View Details
    Keywords: Government Administration; Economic Slowdown and Stagnation; International Finance; Crime and Corruption; Poverty; Private Sector; Insolvency and Bankruptcy; Economy; Developing Countries and Economies; Borrowing and Debt; Jamaica
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    Di Tella, Rafael, and Natalie Kindred. "Jamaica's Anemic Growth: The IMF, China and the Debt(th) Trap." Harvard Business School Case 711-031, April 2011. (Revised February 2016.)
    • 05 Sep 2017
    • Working Paper Summaries

    Structural Transformation: A Competitiveness-based View

    Keywords: by Christian Ketels
    • June 2024
    • Article

    Real Growth in Space Manufacturing Output Substantially Exceeds Growth in the Overall Space Economy

    By: Tina Highfill and Matthew Weinzierl
    Accurately measuring real economic output in the space economy is made difficult by the rapid increase in capabilities and decrease in prices of launch and satellite technologies achieved over the past two decades. Nominal measures of output in space will tend to... View Details
    Keywords: Technological Innovation; Economic Growth; Price; Production; Aerospace Industry
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    Highfill, Tina, and Matthew Weinzierl. "Real Growth in Space Manufacturing Output Substantially Exceeds Growth in the Overall Space Economy." Acta Astronautica 219 (June 2024): 236–242.
    • 2024
    • Working Paper

    Appropriate Entrepreneurship? The Rise of China and the Developing World

    By: Josh Lerner, Junxi Liu, Jacob Moscona and David Yang
    Global innovation and entrepreneurship has traditionally been dominated by a handful of high-income countries, especially the US. This paper investigates the international consequences of the rise of a new hub for innovation, focusing on the dramatic growth of... View Details
    Keywords: Entrepreneurship; Venture Capital; Emerging Markets; Economic Growth; China
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    Lerner, Josh, Junxi Liu, Jacob Moscona, and David Yang. "Appropriate Entrepreneurship? The Rise of China and the Developing World." Harvard Business School Working Paper, No. 24-061, March 2024. (Revise and Resubmit, Journal of Political Economy. National Bureau of Economic Research Working Paper No. 31898 and European Corporate Governance Institute Working Paper No. 964/2024. Related discussion published as “China’s Rise Reshaped Global Entrepreneurship and Expanded the Benefits of Innovation,” VoxDev, 2024 and “Sharing the Entrepreneurial Wealth,” VoxChina, 2024 and VoxEU, 2024.)
    • February 2023 (Revised February 2024)
    • Case

    Doing Business in Istanbul, Turkey

    By: Prithwiraj Choudhury, Leonard A. Schlesinger, Namrata Arora and Umut Arslan
    This case examines the challenges and opportunities of doing business in Turkey. It highlights Turkey's economic transformation in the decades leading up to 2024 in the context of its history, culture, and politics. The case gives an overview of some of the main... View Details
    Keywords: Business History; Business and Government Relations; Technological Innovation; Foreign Direct Investment; Economic Growth; Financial Crisis; Technology Industry; Tourism Industry; Turkey
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    Choudhury, Prithwiraj, Leonard A. Schlesinger, Namrata Arora, and Umut Arslan. "Doing Business in Istanbul, Turkey." Harvard Business School Case 323-081, February 2023. (Revised February 2024.)
    • Article

    The Role of Finance and Private Investment in Developing Sustainable Cities

    By: John D. Macomber
    Three trends will drive urban investment, development, and entrepreneurship in the next two decades. This article provides tools to identify the situations and circumstances that will be most favorable for private sector involvement in consideration of these trends.... View Details
    Keywords: Trends; Demographics; Private Sector; Investment; City; Infrastructure; Opportunities; Urban Development
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    Macomber, John D. "The Role of Finance and Private Investment in Developing Sustainable Cities." Journal of Applied Corporate Finance 23, no. 3 (Summer 2011): 64–74.
    • 13 Mar 2023
    • Research & Ideas

    What Would It Take to Unlock Microfinance's Full Potential?

    new borrowers who are taking loans and repaying them is evidence enough that this sector has had enormous impact. But another view that we’re also deeply sympathetic to is that, 30 years into the microfinance story, around 2005 and 2010,... View Details
    Keywords: by Jen McFarland Flint; Financial Services
    • 29 Jan 2024
    • Research & Ideas

    Do Disasters Rally Support for Climate Action? It's Complicated.

    Environmental disasters like wildfires can ignite awareness of climate change and boost eco-friendly politicians’ careers. But do voters perceive a tradeoff between environmental policies and local economic growth? In Brazil, home to a majority of the Amazon tropical... View Details
    Keywords: by Rachel Layne
    • 2014
    • Article

    Corporate Governance and the Financial Crisis in Italy

    By: Dante Roscini
    The financial crisis hit Italy harder than many other Eurozone countries. In part this was due to the fact that the crisis came upon a system that was weakened by years of sub-par economic growth. One of the several endogenous factors that explain the stagnation of the... View Details
    Keywords: Financial Crisis; Corporate Governance; Italy; European Union
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    Roscini, Dante. "Corporate Governance and the Financial Crisis in Italy." Journal of Modern Italian Studies 19, no. 4 (2014): 389–395.
    • Research Summary

    Motivation and Incentive Design

    Professor Ashraf's research in motivation and incentives focuses on how to design incentives in sectors where it is important that individuals are motivated by service, such as healthcare or environmental conservation. An important lever is the... View Details

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