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Show Results For
- All HBS Web
(282)
- News (40)
- Research (198)
- Events (2)
- Multimedia (2)
- Faculty Publications (125)
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- 11 Sep 2006
- Research & Ideas
Negotiating When the Rules Suddenly Change
quick, and (3) learn and adapt. Axiom #1: Make A Bump Plan Military strategist Carl von Clausewitz coined the term friction, "the force that makes the apparently easy so difficult." Friction doesn't just refer to adverse weather... View Details
- 06 Nov 2018
- First Look
New Research and Ideas, November 6, 2018
and unequal, there is little direct evidence on the magnitude and sources of these frictions. We conduct a field experiment with 752 employees at a multibillion-dollar corporation to address these questions. We provide evidence of significant View Details
Keywords: Dina Gerdeman
- 28 Oct 2019
- Research & Ideas
Brick-and-Mortar Stores Are Making a Comeback
part of the joy of shopping at places like Marshalls or T.J.Maxx or the old Filene’s Basement is the idea of hunting for a bargain. That friction is designed to make you feel like you’ve conquered something, and we’re seeing companies... View Details
- 21 Aug 2018
- First Look
New Research and Ideas, August 21, 2018
the incentives of brokers, and brokers price discriminate based on a consumer's level of sophistication. The model estimates indicate that costly search is a key friction in retail financial markets, but the effects of search costs are... View Details
Keywords: Dina Gerdeman
- 01 Aug 2012
- What Do You Think?
Should CEOs Worry About ‘Too Big to Succeed?’
economies of scale are outweighed by frictions and inefficiencies that accompany bigness. This principle has served Nucor Steel well as it has risen to the premier place in US steel making. Similarly, Arkadi Kuhlmann, in putting together... View Details
- 18 Jun 2014
- Research & Ideas
Leading Innovation is the Art of Creating ‘Collective Genius’
projects on time with limited computing resources while also limiting friction among the forces. The crazy solution: Brandeau asked Disney Animation (Disney bought Pixar in 2006) if the studio could borrow 250 computers, an idea someone... View Details
Keywords: by Kim Girard
- 05 Dec 2013
- What Do You Think?
Is Walmart Defying Economic Gravity?
Summing Up When Does Friction Trump Scale in the Corporate Life Cycle? This month's column raised the issue of size limits on an organization's ability to compete In today's global economy. The specific case in point was Walmart and... View Details
- 16 Jan 2018
- First Look
First Look at New Research and Ideas, January 16, 2018
developing more molecularly novel drug compounds, as opposed to more so-called "me-too" drugs. This pattern suggests that, on the margin, firms perceive novel drugs to be more valuable ex-ante investments but that financial View Details
Keywords: Sean Silverthorne
- 04 Dec 2018
- First Look
New Research and Ideas, December 4, 2018
cope with the Arab Spring, with war in Syria and Yemen, as well as the threats from Iran and ISIS and continuing friction between Palestinians and Israelis. The key to these issues is Vision 2030—the plan his son, the Crown Prince, has... View Details
Keywords: Dina Gerdeman
- 18 Nov 2014
- First Look
First Look: November 18
capital to pay fixed and variable costs affects choices firms make regarding export entry and operations, and, as a consequence, influence aggregate trade patterns. Financial frictions and the use of internal capital markets shape... View Details
Keywords: Sean Silverthorne
- 30 Mar 2010
- First Look
First Look: March 30
relating to the agricultural assets, which create frictions such that market value and book value do not converge despite the application of fair value for the majority of the firm's assets. The case also highlights how fair value... View Details
Keywords: Sean Silverthorne
- 03 Oct 2017
- First Look
First Look at Research and Ideas, October 3, 2017
governance-related frictions and not driven by plausible alternative theories. Both structural calibration and reduced-form estimates reveal significant negative performance implications from suboptimal peer selection. Compensation... View Details
Keywords: by Sean Silverthorne
- 27 Aug 2013
- First Look
First Look: August 27
the country had become a darling of the international aid community. As the country was preparing for the 2011 Party Congress, however, signs of growing economic frictions were becoming increasingly visible. The case closes by setting the... View Details
Keywords: Sean Silverthorne
- 03 Jun 2014
- First Look
First Look: June 3
Specifically, we explore whether the presence of frictions in a country's capital markets, labor markets, and product markets affect the excess value of diversified firms. We find that the value of diversified firms relative to their... View Details
Keywords: Sean Silverthorne
- 12 Feb 2019
- First Look
New Research and Ideas, February 12, 2019
https://www.hbs.edu/faculty/Pages/item.aspx?num=55629 Infringing Use as a Path to Legal Consumption: Evidence from a Field Experiment By: Luo, Hong, and Julie Holland Mortimer Abstract— Copyright infringement may result from frictions... View Details
Keywords: Dina Gerdeman
- 28 Aug 2012
- First Look
First Look: August 28
or 'institutional voids' on the value of corporate diversification. Specifically, we explore whether the presence of frictions in a country's capital markets, labor markets, and product markets, affect the excess value of diversified... View Details
Keywords: Sean Silverthorne
- 13 Feb 2007
- First Look
First Look: February 13, 2007
deployment of their technology abroad. The paper demonstrates that when firms want to exploit technologies abroad, multinational firm (MNC) activity and foreign direct investment (FDI) flows arise endogenously when monitoring is nonverifiable and financial View Details
Keywords: Martha Lagace
- 03 Mar 2003
- Research & Ideas
The Ingredients of a Deal Disaster
deal-driving third party (Ovitz). As a result, each side had an optimistic but badly distorted view of the other's real intentions, leading to post-deal friction and the sale of MCA a few years later to Seagram, at a substantial loss to... View Details
- 15 Sep 2014
- Research & Ideas
Are the Most Talented Employees the Highest Paid? Yes—If They’re Bankers
on compensation of talented people, then you stop this mechanism, and you run the risk of having your company be less profitable," Vallée says. "You're putting a friction on a competitive market that's doing what it's meant to do." He... View Details
- 18 Jun 2013
- First Look
First Look: June 18
managers-firms with the greatest information frictions prior to the rule change. We report three changes related to compensation after 1992 for division managers. First, within firms with dispersed managers, division manager pay co-moves... View Details
Keywords: Anna Secino