When investors disagree, speculation between them alters equilibrium prices in financial markets. Because managers maximize firm value given financial market prices, disagreement alters firms' value-maximizing investment policies. Disagreement therefore impacts aggregate investment, consumption,...

Venture capital firms’ ability to repeatedly make top performing investments suggests the importance of some aspect of organizational or human capital. However, it is an unanswered question as to what extent the important attributes of performance are a part of the firm’s organizational...

Abstract. In recent years, there has been increased interest among funding organizations and administrators in supporting the acquisition of interdisciplinary skills in collaborative communities, such as universities, national labs, and knowledge-based firms. However, there has been relatively...