Found 408 article(s) in category 'Innovation'

Disruptive Innovation: An Intellectual History and Directions for Future Research

Disruptive Innovation: An Intellectual History and Directions for Future Research. Clayton Christensen, Rory MacDonald, June 16, 2018, “The concept of disruptive innovation has gained considerable currency among practitioners despite widespread misunderstanding of its core principles. Similarly, foundational research on disruption has elicited frequent citation and vibrant debate in academic circles, but subsequent empirical research has rarely engaged with its key theoretical arguments. This inconsistent reception warrants a thoughtful evaluation of research on disruptive innovation within management and strategy. We trace the theory’s intellectual history, noting how its core principles have been clarified by anomaly‐seeking research.Link

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Tyler Cowen and Amitabh Chandra on economics of health care

Tyler Cowen and Amitabh Chandra on economics of health care. Amitabh Chandra, June 12, 2018, Audio, “Two prominent economists share their views on the politics, economics and ethics of health care reform. Tyler Cowen is professor of economics at George Mason University and the Center for the Study of Public Choice and has earned numerous accolades, including being named a Top 100 Global Thinker by Foreign Policy. He is also one of The Economist’s most influential economists of the decade.Link

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Jonathan Zittrain on Information Privacy, the Future of Jobs, and the Changing Role of Technology Companies

Jonathan Zittrain on Information Privacy, the Future of Jobs, and the Changing Role of Technology Companies June 2018. GrowthPolicy’s Devjani Roy interviewed Jonathan Zittrain, the George Bemis Professor of International Law at Harvard Law School and Harvard Kennedy School, Professor of Computer Science at the Harvard School of Engineering and Applied Sciences, Director of the […]

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Political, Social, and Environmental Shareholder Resolutions:

Political, Social, and Environmental Shareholder Resolutions. Joseph Kalt, June 2018, Paper, “The increased use of politically-charged shareholder resolutions has garnered considerable attention in recent years, as shareholder meetings have become venues for discussion and debate regarding corporate positions and actions on issues of the day. Recent proxy seasons have seen corporate management being asked to address issues as diverse as deforestation, corporate clean energy goals, climate change, the uses of antibiotics and pesticides, political contributions, human rights risks through the supply chain, indigenous rights and human trafficking, cybersecurity, the development and reporting of sustainability metrics, and tax fairness.Link

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Cumulative Impacts of Conditional Cash Transfer Programs: Experimental Evidence from Indonesia

Cumulative Impacts of Conditional Cash Transfer Programs: Experimental Evidence from Indonesia. Rema Hanna, May 2018, Paper, “Conditional cash transfer (CCT) programs have spread worldwide, and are designed to promote comprehensive human capital investments in children, starting from encouraging pre-natal and maternal care and early childhood health interventions and continuing through incentivizing school attendance. Yet evaluating these claims over more than a few years is hard, as most CCT experiments extend the program to the control group after a short experimental period. This paper experimentally estimates the impacts of Indonesia’s cash transfer program (PKH) six years after the program launched, using data from about 14,000 households in 360 sub-districts across Indonesia, taking advantage of the fact that treatment and control locations remained largely intact throughout the period.Link

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Shane Greenstein on Jobs, Inequality, Financial Crises, and the Future of the Internet

Shane Greenstein on Jobs, Inequality, Financial Crises, and the Future of the Internet May 2018. GrowthPolicy’s Devjani Roy interviewed Shane Greenstein, the Martin Marshall Professor of Business Administration at the Harvard Business School and co-chair of the Harvard Business School Digital Initiative, on jobs, inequality, financial crises, and the future of the Internet. | Click […]

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An exploratory study of product development in emerging economies: evidence from medical device testing in India

An exploratory study of product development in emerging economies: evidence from medical device testing in India. Stefan Thomke, May 25, 2018, Paper, “Recent research has studied innovation in emerging economies. However, microlevel product development processes in these economies are relatively unexplored, and the mechanisms by which the emerging economy context might affect such processes are still unclear. In this paper, we explore the testing routines fundamental to product development in one emerging economy. Based on an exploratory field study of medical device development projects in India, we observe the frequent, iterative testing of prototypes in clinical settings and investigate the related learning process.Link

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Do Founders Control Start-Up Firms that Go Public?

Do Founders Control Start-Up Firms that Go Public? Jesse Fried, May 2018, Paper, “Startup founders, who generally must cede control to obtain VC financing, are widely believed to regain control in the event of an IPO, à la Facebook’s Mark Zuckerberg. Indeed, the premise that founders expect to be able to reacquire control if there is an IPO underlies the leading finance theory for why venture capital cannot thrive without a robust stock market. But little is known about how frequently founders regain control via IPO. Using a sample of over 18,000 VCbacked firms, we show that founders generally do not reacquire control via IPO. In almost 60% of firms that go public, the founder is no longer CEO at IPO.Link

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The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis

The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis. Laura Alfaro, May 2018, Paper, “We evaluate manufacturing firms’ responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts: In export-oriented emerging Asia, real depreciations are associated with faster growth of firm-level TFP, higher sales and cash-flow, and higher probabilities to engage in R&D and to export. We find negative effects for firms in other emerging economies, which are relatively more import dependent, and no significant effects for firms in industrialized economies.Link

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How Companies Can Use the Data They Collect to Further the Public Good

How Companies Can Use the Data They Collect to Further the Public Good. Edward Glaeser, Michael Luca, May 16, 2018, Paper, “By the end of 2017, Yelp had amassed more than 140 million reviews of local businesses. While the company’s mission focuses on helping people find local businesses more easily, this wealth of data has the potential to serve other purposes. For instance, Yelp data might help restaurants understand which markets they should consider entering, or whether to add a bar. It can help real estate investors understand where gentrification might occur. And it might help private equity firms with an interest in coffee decide whether to invest in Philz or Blue Bottle.Link

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