We investigate public support and venture capital (VC) investment in academic startups. Government support may enable follow-on investment by providing a quality signal to investors. This…
The rise of societal goals like climate change mitigation and energy security calls for rapid capacity growth in renewable electricity sources, yet citizens’ support is put to a test when such technologies emit…
In Germany, more than half of employees are already using artificial intelligence (AI) in the workplace, although the majority do so informally. This suggests that employees perceive AI applications as…
We investigate how buyer-supplier communication affects procurement prices, comparing auctions without direct communication to negotiations allowing it. In controlled experiments involving students and…
China’s patenting activity has surged over the past two decades, yet questions remain about the quality and sources of innovation. We develop a new method to measure the importance of a patent for innovation,…
We examine the relationship between household incomes and the biodiversity footprints of consumption in the United States from 1996 to 2022. Combining detailed household expenditure surveys…
U.S. manufacturing facilities generate approximately 30 billion pounds of hazardous waste annually, 10% of which is released into the environment. The negative economic and health impacts of such toxic chemicals…
We study the relationship between investors’ social media activity and earnings announcement returns. To distinguish between information contained in peer-to-peer interaction and user-posted content, we analyze…
Data is the fuel of the digital economy, enabling new business models, driving innovation and fundamentally changing decision-making processes. But how can real added value be created from the flood of data –…
