A5013723731- Firm Innovation and Growth
- Digital Platforms and Economics
- Corporate Finance and Governance
- Entrepreneurship Studies and Influences
- Economic Growth and Productivity
- Research Data Management Practices
- Merger and Competition Analysis
- Innovation Policy and R&D
- Game Theory and Applications
- Transportation and Mobility Innovations
- Real-Time Systems Scheduling
- Private Equity and Venture Capital
- Regional Economics and Spatial Analysis
- Spatial and Panel Data Analysis
- Sharing Economy and Platforms
- scientometrics and bibliometrics research
- Migration, Ethnicity, and Economy
- Academic Publishing and Open Access
- Embedded Systems Design Techniques
- Housing Market and Economics
- Ethics and Social Impacts of AI
- Intellectual Property and Patents
- Advanced Malware Detection Techniques
- Digital and Cyber Forensics
- Experimental Behavioral Economics Studies
University of Toronto
2013-2023
University of Palangka Raya
2023
Center for Strategic Research
2013-2022
Stanford University
2020-2021
National Bureau of Economic Research
2018-2021
Massachusetts Institute of Technology
2019
Columbia University
2019
International Paper (United States)
2018
University of Rhode Island
2004-2013
Virginia Commonwealth University
2007-2009
Abstract We examine competition among ridesharing platforms, where firms compete on both price and the wait time induced with idled drivers. show that when consumers are only agents who multihome, idleness is lower in duopoly than face a monopoly platform. When drivers further falls to zero as it involves costs for each platform appropriated, part, by their rival. Interestingly, socially superior outcomes may involve or under various multihoming regimes, depending density of city, relative...
The allocation of decision authority by a principal to either human agent or an artificial intelligence (AI) is examined. trades off AI's more aligned choice with the need motivate expend effort in learning payoffs. When desired, it shown that likely give authority, reduce investment AI reliability, and adopt may be biased. Organizational design considerations are have impact on how AIs trained.
Abstract How do barriers to the diffusion of academic research affect innovation? In 2008, National Institutes Health (NIH) mandated free online availability funded research. This policy caused a 50 percentage point increase in access articles. We introduce novel measure, in-text patent citations, study how this mandate affected industry use science. After patents cite NIH-funded 12% 27% more often. Nonfunded research, journals unaffected by mandate, and citations see no change. These...
A large theoretical literature on value capture uses cooperative games under complete information to study how and why firms earn supernormal profits. However, often have different information, beliefs, or creative foresight. We extend theory incomplete (“known unknowns”) unawareness (“unknown illustrate some conceptual issues with that extension. Using the case of Cirque du Soleil, we show an entrepreneurial firm can profit even when it does not contribute materially creation. In a Apple...
Is coachability a usable concept for startups? Using dataset on high-growth startups in prominent university incubator, we show that firm characteristics do predict which firms are likely to follow advice but these “coachable” not more achieve positive outcomes. The reason is may be rejected either because the stubborn and uncoachable, or possesses capabilities related hard outsiders observe.
The value of innovation during crises can be extraordinary. While high payoffs increase the rate innovation, they also induce a strategic distortion in its direction. High attract entry by innovators, making R\&D supply side more competitive. This competition endogenously shifts effort toward less promising but quicker-to-finish inventions. We develop dynamic structural model quantifying magnitude this distortion, even when potential inventions are not observed data. As case study, we...
We construct a data set of job flyouts for junior economists between 2013 and 2018 to investigate three aspects the market “stars.” First, what is background students who become stars? Second, type research does top demand? Third, where do these take jobs? Among other results, we show that stars are more likely be international male than PhDs overall, theoretical semi‐theoretical approaches remain dominant, American programs both produce most hire even more, almost none hired by private...
This is an invited chapter for the forthcoming Volume 4 of Handbook Industrial Organization.We summarize state literature on economics innovation and highlight open policy questions.We first articulate key market failures in markets innovation, then discuss how both scientific norms market-oriented policies help overcome those failures.We close by discussing recent work diffusion inventions as well links between inequality.
Integration of middleware scheduling and resource management services enables open distributed real-time embedded (DRE) applications to meet end-to-end quality service (QoS) requirements in highly variable operating environments. This paper describes our research on integrating CORBA services, presents experiments we conducted validate quantify the benefits this integration. Our experimental results show that for DRE systems can offer significant improvements predictability. Specifically,...
Abstract We track the movement of high-potential startups using cross-state business registrations and estimate utility cities to moving a revealed preference approach. 6.6% these move across state borders during their first five years. Startup hubs like Silicon Valley Boston tend lose other cities. Our findings show that prefer traditional when they soon after being founded, but later with lower taxes. This pattern is not due vertical sorting or industrial specialization.
Should there be limits on startup acquisitions by dominant firms? Efficiency requires that startups sell their technology to the right incumbents, they develop technology, and invest amount in R&D. In a model of differentiated oligopoly, we show distortions along all three margins if are no acquisition. Leading incumbents make partially keep lagging from catching up technologically. When can choose what invent, biased toward inventions which improve leader's rather than those help laggard...