Research Projects

Ashley Wang and Lu Zheng received $15,000 for their study entitled, "Strategy Innovativeness and Hedge Fund Performance." The purpose of their study is to compare the historical returns of a hedge fund to the innovativeness of their strategy. The two hypothesize that greater returns on investment will result from more distinctive and innovative investment strategies that differ from other funds. Most studies in this field focus primarily on mutual fund performance while this study will provide information on the fast growing industry of hedge funds.

Professor Schoonhoven received a $13,866 grant for her study entitled, "From Nanotechnology Innovation to the Creation of New Firms." The purpose of the study is to gather information regarding the emergence of the nanotechnology community following recent breakthroughs in the nanotech field. The study will also provide general information with regards to the emergence of communities of firms following discoveries or advancements in technology.

Professor Obstfeld received a $322,000 grant from the National Science Foundation to study organizational innovation. Entitled “Brokerage, Social Networks, Knowledge-Based Innovation,” it is sponsored by the Innovation and Organizational Change, Sociology, and Law and Social Science directorates of the NSF.