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  • May 2021
  • Article

The Firm Next Door: Using Satellite Images to Study Local Information Advantage

By: Jung Koo Kang, Lorien Stice-Lawrence and Forester Wong
We use novel satellite data that track the number of cars in the parking lots of 92,668 stores for 71 publicly listed U.S. retailers to study the local information advantage of institutional investors. We establish car counts as a timely measure of store-level... View Details
Keywords: Satellite Images; Store-level Performance; Institutional Investors; Local Advantage; Overweighting; Processing Costs; Alternative Data; Big Data; Emerging Technologies; Information; Quality; Institutional Investing; Decision Making; Behavioral Finance; Analytics and Data Science
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  • Article

Pre-colonial Ethnic Institutions and Contemporary African Development

By: Stelios Michalopoulos and Elias Papaioannou
We investigate the role of deeply rooted pre-colonial ethnic institutions in shaping comparative regional development within African countries. We combine information on the spatial distribution of ethnicities before colonization with regional variation in contemporary... View Details
Keywords: Ethnicity; Development Economics; Local Range; Government and Politics; Africa
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  • July 1989 (Revised April 1996)
  • Case

AUCNET: TV Auction Network System

The AUCNET system links buyers and sellers in the wholesale used car market in Japan. Video images delivered via videodisk or satellite along with an inspector's opinion and objective character based data are used to conduct a realtime auction over computers and... View Details
Keywords: Information Technology; Market Entry and Exit; Auctions; Service Industry; Japan; United States
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  • February 2014
  • Article

National Institutions and Subnational Development in Africa

By: Stelios Michalopoulos and Elias Papaioannou
We investigate the role of national institutions on subnational African development in a novel framework that accounts both for local geography and cultural-genetic traits. We exploit the fact that the political boundaries in the eve of African independence partitioned... View Details
Keywords: Ethnicity; Development Economics; Local Range; Government and Politics; Africa
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  • February 2015
  • Article

On the Ethnic Origins of African Development: Traditional Chiefs and Pre-Colonial Political Centralization

By: Stelios Michalopoulos and Elias Papaioannou
We report on recent findings of a fruitful research agenda that explores the importance of ethnic-specific traits in shaping African development. First, using recent surveys from Sub-Saharan African countries, we document that individuals identify with their ethnic... View Details
Keywords: Ethnicity; Development Economics; Government and Politics; Africa
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  • 06 Feb 2012
  • Research & Ideas

Kodak: A Parable of American Competitiveness

in the United States, but US companies gave it all up.” HBS Professor of Management Practice Willy C. Shih served as president of Kodak's Digital & Applied Imaging business through the turn of the 21st century. Shortly after starting... View Details
Keywords: by Dina Gerdeman; Manufacturing
  • 29 Aug 2024
  • Research & Ideas

Shoot for the Stars: What to Know About the Space Economy

directly tied to space, which would affect your typical worker, is going to be based on satellites, namely using data from them about the Earth and data through them as satellite internet expands its reach. If we look out a bit further,... View Details
Keywords: by Kara Baskin; Aerospace
  • 20 Oct 2009
  • First Look

First Look: October 20

"What is high impact entrepreneurship, and how will it contribute to the economic development of a country like Jordan?" Purchase this case: http://cb.hbsp.harvard.edu/cb/product/810049-PDF-ENG Intel NBI: Image Components... View Details
Keywords: Martha Lagace

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