When private actions generate harmful externalities, previous research has shown that public intervention can improve welfare if it appropriately trades off social harm reduction with enforcement costs. On the flip side of this, however, public intervention...

Motivating innovation is a critical part of designing incentives. Some previous research has shown that shareholders often must motivate managers to pursue more innovative business strategies. Gustavo Manso examines aspects of an incentive structure in...

Non-compete covenants are clauses written into contracts that expressly prohibit individuals from competing with former employers. Particularly for technical workers and upper-level management, they have developed to become a common feature of employment...

Robert G. Cooper recently addressed a common issue in the present market in his article, “Perspective: The Innovation Dilemma: How to Innovate When the Market Is Mature.” If you are trying to grow your business wishes in the midst of mature, commoditized...

Recent research on new managerial processes, practices and structures that can change the nature of managerial work show that this form of management innovation can be an important source of competitive advantage. Ignacio Vaccaro, Justin Jansen, Frans...

Business surveys and research have often reported that managers prefer face-to-face communication when negotiating deals and selling products. However, Nune Hovhannisyan and Wolfgang Keller go further in their paper "International Business Travel...

For any business, delayed exits pose substantial economic problems. Even though many companies tend to hold on to their assets, studies have shown that returns would triple if VCs exited ventures at the right time and shareholder value could increase...

Abstract: Inventions that aren't commercialized remain inventions, not innovations. Companies such as Apple are organized internally to repeatedly produce innovations in the core business as well as in new businesses. Such companies make sure that...

Abstract: During global economic downturns, senior executives take many measures to reduce costs especially in their research-and-development budgets. However, such measures delay promising projects as well as adversely affect morale. This article’s main...

Abstract: This article articulates the proposition that innovation is about problem solving, understanding how to ask the right questions, and seeing patterns before facts. All these aspects of innovation help companies develop the right product or service...

Abstract: This article describes how global companies have adopted a new process called knowledge brokering in which executives are actively seeking out external ideas from people in a variety of industries and disciplines to improve their core business...

Abstract: The article describes how the wealthy nations of the world with low birthrates and graying workforces are finding it difficult to compete with emerging markets with much larger and younger working populations. This had made it imperative and...

Abstract: Globalization and digital technology have combined to create a vast, complex information network grid which has helped innovative businesses as well as newcomers such as Skype to grow multifold. This had made every company a global company where...

Abstract: This article describes that many high tech products such as fabless chips, LCD for monitors, TVs, handheld devices like mobile phones, power semiconductors for solar panels are no longer produced in United States because the industrial commons...

Abstract: Many U.S multinational companies have been forced to revise their R&D budgets because of weak sales and the pressure to stay ahead from their global low-cost competitive rivals in Asia and Latin America. The article concludes that some of...