This essay explores potential research opportunities at the intersection of institutions, innovation, and impact. We engage with, and probe into, what we have dubbed the ‘cultural future’ by examining several examples described in the 2017 “Future Issue” of the Fortune magazine. Our...

Although management scholars have embraced grand challenges research, in many cases, grand challenges have been treated as merely a context for exploring extant theoretical perspectives. By comparison, our approach—robust action—provides a novel theoretical framework for tackling grand...

We view innovation investment as a real option and explore the implications of ambiguity (Knightian uncertainty) and risk for innovation decisions. Our analysis uses a risk measure and a new outcome-independent measure of ambiguity. We find a consistently significant negative effect of ambiguity...

Spanish Abstract: Desde la década de 1960 se han creado en la región iberoamericana diferentes mecanismos de evaluación de la investigación. En este trabajo ponemos foco en los sistemas orientados a clasificar y reconocer a los individuos en base a su perfomance pasada en investigación....

Though much of the theoretical economics literature have assumed a positive relationship between intellectual property rights (IPR) protection and innovation, there has been no empirical evidence that clearly supports such a relationship. In particular, this relationship may also depend on the...

Autonomous vehicles are coming. The only questions are how quickly they will arrive, how we will manage the years when they share the road with conventional vehicles, and how the legal system will address the issues they raise. This Article examines the impact the autonomous vehicle revolution...

This article presents an extensive and global survey on the use of Artificial Intelligence (AI) to address the COVID-19 epidemic and a comprehensive discussion of the ethical and human rights implications of AI's deployment during the pandemic. AI applications contributed to the COVID-19...

The price of bitcoin has continued on an upward trend since October 2020 and reaching new all-time highs in January 2021; but will this trend last and is this rise in price sustainable? This article considers factors that have contributed to this price rise and assesses the implications of looming...

This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. A temporary Northern...

I examine CEO compensation in outsourcing firms, using a new database of purchase obligations from firm 10-Ks. I find that the intensity of outsourcing can significantly explain the variations in CEO compensation; the more the firms do outsourcing, the more they pay to their CEOs. Outsourcing...