Narrow search
Showing 1 - 10 of 270
Cover Image
Enabling Entrepreneurial Choice
Agrawal, Ajay K. - 2020
Entrepreneurs must choose between alternative strategies for bringing their idea to market. They face uncertainty regarding both the quality of their idea as well as the efficacy of each strategy. While entrepreneurs can reduce this uncertainty by conducting tests, any single test conflates the...
Persistent link: https://www.econbiz.de/10012481574
Cover Image
Dynamic Commercialization Strategies for Disruptive Technologies : Evidence from the Speech Recognition Industry
Marx, Matt - 2013
When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance metric, but with a potentially favorable trajectory of improvement - incumbents may be wary of engaging in cooperative commercialization with the startup. While the prevailing...
Persistent link: https://www.econbiz.de/10012458899
Cover Image
Organizational Decision Making Under Uncertainty Shocks
Ballesteros, Luis - 2018
In line with the fallacy of riskification of uncertainty by which decision makers believe that the effects of … markets, such as natural disasters, terrorist attacks, and financial crises--as a problem of risk management. This is … business continuity. Taken together, this article offers the foundation for a behaviorally plausible, decision …
Persistent link: https://www.econbiz.de/10012480579
Cover Image
A Theory of Firm Scope
Hart, Oliver - 2008
ingredients: (a) decision rights can be transferred ex ante through ownership, (b) managers (and possibly workers) enjoy private …
Persistent link: https://www.econbiz.de/10012464034
Cover Image
How Do Venture Capitalists Make Decisions?
Gompers, Paul - 2016
organization; and relationships with limited partners. In selecting investments, VCs see the management team as more important than …
Persistent link: https://www.econbiz.de/10012456092
Cover Image
Management as a Technology?
Bloom, Nicholas - 2016
Are some management practices akin to a technology that can explain firm and national productivity, or do they simply … reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We … find large cross-country differences in the adoption of management practices, with the US having the highest size …
Persistent link: https://www.econbiz.de/10012456349
Cover Image
Stock Market Stimulus
Greenwood, Robin; Laarits, Toomas; Wurgler, Jeffrey - National Bureau of Economic Research - 2022
We study the stock market effects of the arrival of the three rounds of "stimulus checks" to U.S. taxpayers and the single round of direct payments to Hong Kong citizens. The first two rounds of U.S. checks appear to have increased retail buying and share prices of retail-dominated portfolios....
Persistent link: https://www.econbiz.de/10013172127
Cover Image
Currency Carry Trade by Trucks : The Curious Case of China's Massive Imports from Itself
Liu, Xuepeng; Tang, Heiwai; Wang, Zhi; Wei, Shang-jin - National Bureau of Economic Research - 2022
With capital controls, the standard financial market transactions needed for currency carry trade are hard to implement. Using detailed trade data reported by both the mainland Chinese and Hong Kong's governments, we present evidence that indirect currency carry trade likely takes place via...
Persistent link: https://www.econbiz.de/10012814408
Cover Image
Aggregate and Firm-Level Stock Returns During Pandemics, in Real Time
Alfaro, Laura - 2020
We show that unexpected changes in the trajectory of COVID-19 infections predict US stock returns, in real time. Parameter estimates indicate that an unanticipated doubling (halving) of projected infections forecasts next-day decreases (increases) in aggregate US market value of 4 to 11 percent,...
Persistent link: https://www.econbiz.de/10012481907
Cover Image
Long-Term Effects Of The 1959-1961 China Famine : Mainland China and Hong Kong
Almond, Douglas - 2007
This paper estimates the effects of maternal malnutrition exploiting the 1959-1961 Chinese famine as a natural experiment. In the 1% sample of the 2000 Chinese Census, we find that fetal exposure to acute maternal malnutrition had compromised a range of socioeconomic outcomes, including:...
Persistent link: https://www.econbiz.de/10012465266