Harvard Business School Working Knowledge

After the Carnival: Key Factors to Enhance Olympic Legacy and Prevent Olympic Sites from Becoming White Elephants

11 hours 59 min ago
After the Games end, Olympic venues must be used effectively and earn enough revenue to cover large ongoing costs or their owners—local governments and taxpayers—will face deficits. This fieldwork-based research and analysis of stadium use at 10 of the last 12 Summer Olympics sites highlights eight factors for better sustainability.by Isao Okada and Stephen A. Greyser9022Stephen A. Greyser6467Working Paper Summaries

The Impact of Penalties for Wrong Answers on the Gender Gap in Test Scores

Mon, 09/17/2018 - 00:00
Multiple-choice questions on standardized tests are widely seen as objective measures of student ability, but the common practice of assessing penalties for wrong answers may generate gender bias. Katherine B. Coffman and David Klinowski document the impact of a policy change that removed penalties for wrong answers on the national college entry exam in Chile.by Katherine B. Coffman and David Klinowski9021Katherine B. Coffman879706Working Paper Summaries

Welcome to Retirement. Who Am I Now?

Mon, 09/17/2018 - 00:00
Transitioning from work to retirement can be bumpy, as we wrestle with questions of identity and rebuilding relationships. Teresa Amabile presents preliminary findings on the journey to after-work life.by Dina Gerdeman9020Teresa M. Amabile6409Jeff Steiner534207Research & Ideas

IQ from IP: Simplifying Search in Portfolio Choice

Tue, 09/11/2018 - 00:00
This paper finds that mutual fund managers solve their complex “search problem” for superior investable returns by tracking—and trading—on very particular sets of firms and insiders. These sets are chosen strategically and remain very persistent over time, as does the outperformance these insiders’ trades afford to the given fund managers.by Huaizhi Chen, Lauren Cohen, Umit Gurun, Dong Lou, and Christopher J. Malloy9018Lauren H. Cohen340063Christopher J. Malloy444656Working Paper Summaries

New Research and Ideas, September 11, 2018

Tue, 09/11/2018 - 00:00
How online competition affects retail prices ... Feeding America designs marketplace for food banks ... Let's talk taxes.Dina Gerdeman9017First Look

Celebrating 'The Men and Women of the Corporation' 40 Years Later

Mon, 09/10/2018 - 00:00
Rosabeth Moss Kanter’s "Men and Women of the Corporation," published 41 years ago this year, has inspired and informed a generation of scholars studying gender, status, and power. Robin J. Ely interviews Kanter about the seminal work and why it remain relevant today.by Robin J. Ely9016Rosabeth M. Kanter6486Robin J. Ely7287Research & Ideas

Should US Companies Still Care About the Paris Climate Change Agreement?

Thu, 09/06/2018 - 00:00
Re: Vincent Pons8734Vincent Pons736825Cold Call Podcast

Investing Outside the Box: Evidence from Alternative Vehicles in Private Capital

Tue, 09/04/2018 - 00:00
Private equity vehicles that differ from the traditional structure have become a major portion of investors’ portfolios, especially over the past decade. This study identifies differences in performance across limited and general partners participating in such vehicles, as well as across the two broad classes of alternative vehicles.by Josh Lerner, Jason Mao, Antoinette Schoar, and Nan R. Zhang9013Josh Lerner9961Working Paper Summaries

Some Facts of High-Tech Patenting

Tue, 09/04/2018 - 00:00
This study details the growth of patenting in software, cloud computing, artificial intelligence, and related technologies in the twenty-first century, and the continuing dominance of inventors in large US, Japanese, and Korean companies. Researchers still need to understand the impact of such trends on social welfare more generally.by Michael Webb, Nick Short, Nicholas Bloom, and Josh Lerner9012Josh Lerner9961Working Paper Summaries

New Research and Ideas, September 4, 2018

Tue, 09/04/2018 - 00:00
Tough negotiators do better ... How to foster creativity in the workplace ... The pros and cons of a long drug approval process.Dina Gerdeman9011First Look

How Much Does Your Boss Make? The Effects of Salary Comparisons

Wed, 08/29/2018 - 00:00
This study of more than 2,000 employees at a multibillion dollar firm explores how perceptions about peers’ and managers’ salaries affect employee behaviors and preferences for equity. Research by Zoë B. Cullen and Ricardo Perez-Truglia.by Zoë B. Cullen and Ricardo Perez-Truglia9010Zoe B. Cullen879471Working Paper Summaries

What Should Harley-Davidson’s Management Do?

Wed, 08/29/2018 - 00:00
Harley-Davidson was President Trump's poster child for American manufacturing—until the company announced plans to build a plant in Asia. What are the CEO's options, asks James Heskett, now that POTUS has unleashed a tweet war against his company?by James Heskett9009James L. Heskett6842What Do You Think?

New Research and Ideas, August 28, 2018

Tue, 08/28/2018 - 00:00
How comparing salaries affects employee effort ... This worker contract inspires innovative ideas ... Low-performing salespeople need frequent quotas.Dina Gerdeman9007First Look

Homesick or Home Run? Distance from Hometown and Employee Performance: A Natural Experiment from India

Tue, 08/28/2018 - 00:00
Distance from one’s hometown has effects on individual work performance, according to research by Prithwiraj Choudhury and Ohchan Kwon. First-year performance ratings tend to be high the further employees work from their hometown. Three years later, however, longer travel times are associated with lower ratings, with implications for managers.by Prithwiraj Choudhury and Ohchan Kwon9008Prithwiraj Choudhury327154Ohchan Kwon701126Working Paper Summaries

Guts, Gall, and Good Luck: What It Takes To Be An Entrepreneur

Mon, 08/27/2018 - 00:00
What are the ingredients that make an entrepreneur successful? Here is a collection of stories and research that shows the way to making a difference in industries as diverse as green technologies, beauty products, and outer space.by Sean Silverthorne9006Sharpening Your Skills

Sustainability and Green Business in Latin America During Globalization Waves

Wed, 08/22/2018 - 00:00
Capitalism has created much wealth but at the cost of massive ecological destruction. This has been particularly severe in Latin America over the past century. Yet the last three decades have also seen a wave of businesses across sectors ranging from beauty to eco-tourism aimed at greater sustainability. Research by Geoffrey Jones.by Geoffrey Jones9005Geoffrey G. Jones24276Working Paper Summaries

Developing a Strategy for the Digital World

Wed, 08/22/2018 - 00:00
A new book by Sunil Gupta, "Driving Digital Strategy," explores how traditional businesses can make the leap into the digital age.by Sean Silverthorne9004Book

New Research and Ideas, August 21, 2018

Tue, 08/21/2018 - 00:00
How to make your commute less of a drag ... Digital technology is a game-changer for firms ... Can social media give the scoop on company sales?Dina Gerdeman9002First Look

Bargain Hunters Beware: A Store's 'Original Price' Might Not Be After All

Mon, 08/20/2018 - 00:00
Retailers often compare a "sale" price to the original price. Donald Ngwe says consumers should be skeptical of those original prices — and so should regulators.by Michael Blanding9003Donald K. Ngwe737517Research & Ideas

Why Entrepreneurs Must Focus on Building Trust

Wed, 08/15/2018 - 00:00
Legal and social institutions that support entrepreneurs often aren't well established in developing countries. Tarun Khanna's new book explains how businesses can make up for that by building trust.by Dina Gerdeman9000Tarun Khanna6491Book