Faculty Research
Management Division
Mabel AbrahamExplaining Unequal Returns to Social Capital Among Entrepreneurs
Do men and women generate the same benefits from using their social ties?
Dan WangExposed: Venture Capital, Competitor Ties, and Entrepreneurial Innovation
The impact of early relationships on innovation at entrepreneurial firms.
When Do Returnees Become Entrepreneurs? The Effects of Institutional Environment and Regional Embeddedness
How variation in regional entrepreneurial concentration, institutional environments, and local social ties affect rates of entrepreneurship among skilled return migrants.
The Liability Of Leakage: How Indirect Ties To Competitors Impact Innovation In Entrepreneurial Firms
This working paper investigates the impact of early relationships on entrepreneurial firm innovation.
Marketing Division
Oded NetzerIdea Generation, Creativity, and Prototypicality
We explore the use of big data tools to shed new light on the idea generation process, automatically “read” ideas to identify promising ones, and help people be more creative.
Mine Your Own Business: Market Structure Surveillance Through Text Mining
We propose an approach for firms to explore online user-generated content and “listen” to what customers write about their and their competitors’ products.
Olivier ToubiaIdea Generation, Creativity, and Prototypicality
We explore the use of big data tools to shed new light on the idea generation process, automatically “read” ideas to identify promising ones, and help people be more creative.
Can Big Data Give us Big Ideas?
Big Data can do more than target advertisements, it could even help innovators develop new concepts and products.
Improving Online Idea Generation Platforms and Customizing the Task Structure Based on Consumers’ Domain Specific Knowledge
How firms can enhance consumer performance in online idea generation platforms.
Adaptive Idea Screening Using Consumers
We propose a practical approach to involving consumers in idea screening.
Idea Generation, Creativity, and Incentives
Can carefully-tailored ideation incentives improve creative output?
Finance Division
Tetyana BabinaGoing Entrepreneurial? IPOs and New Firm Creation
Using an instrumental variables strategy, we find strong evidence that going public induces employees to depart for startups.
Destructive Creation at Work: How Financial Distress Spurs Entrepreneurship
How firm financial distress drives the exit of workers to pursue entrepreneurship.
Morten SorensenWhich CEO Characteristics and Abilities Matter?
CEO candidates vary along two primary dimensions: one that captures general ability and another that contrasts communication and interpersonal skills with execution skills.
Risk and Return Characteristics of Venture Capital-Backed Entrepreneurial Companies
We develop a general model of dynamic sample selection and estimate it using data from venture capital investments in entrepreneurial companies.
How Smart Is Smart Money? A Two-Sided Matching Model of Venture Capital
I find that companies funded by more experienced VCs are more likely to go public.
Learning by Investing: Evidence From Venture Capital
VCs learn from past investments (exploitation), but also consider the option value of future learning (exploration) when making investment decisions.
Neng WangEntrepreneurial Finance and Non-Diversifiable Risk
We demonstrate the implications of non-diversifiable risks for entrepreneurs' interdependent consumption, portfolio allocation, financing, investment, and business exit decisions.
A Unified Model of Entrepreneurship Dynamics
An incomplete-markets q-theoretic model to study entrepreneurship dynamics.
Experimentation under Uninsurable Idiosyncratic Risk: An Application to Entrepreneurial Survival
An analytically tractable continuous-time model of experimentation in which a risk-averse entrepreneur cannot fully diversify the idiosyncratic risk from his business investment.
General
R. Glenn Hubbard'Success Taxes,' Entrepreneurial Entry, and Innovation
Using education as a measure of potential for innovation, we find that tax convexity discourages entry into self-employment for people of all educational backgrounds.
Tax Policy and Entrepreneurial Entry
The impacts of tax rates and tax progressivity on the decision to become an "entrepreneur."
Murray LowTips for a Successful Exit: How Entrepreneurs Sell a Company or Transfer Ownership
A deeper understanding of the entrepreneur’s journey.
Regulatory Focus Theory and the Entrepreneurial Process
For certain aspects of the entrepreneurial process (e.g., generating ideas with the potential to be successful), greater promotion focus is necessary.
The Adolescence of Entrepreneurship Research: Specification of Purpose
A perspective on the special challenges faced by the field of entrepreneurship, and the reasons for slow progress.