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Entrepreneurship & Innovation

See the latest research, articles and faculty on the Entrepreneurship & Innovation Area of Expertise at Columbia Business School.

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Latest on Entrepreneurship & Innovation

Entrepreneurial Leadership & Strategy, Entrepreneurship
Date
December 18, 2019
Weeds growing under a building.
Entrepreneurial Leadership & Strategy, Entrepreneurship

Caught in the Weeds

Before Ajay Narayan '14 went to business school, he was a lawyer in California, the first state to legalize medical marijuana. Friends who wanted to get into the business—anything from growing plants to opening a medical dispensary—would ask for legal advice. Narayan became well versed in the laws surrounding marijuana. 
  • Read more about Caught in the Weeds about Caught in the Weeds
Entrepreneurship
Date
November 22, 2019
Cartoon person eating an orange.
Entrepreneurship

These Food Entrepreneurs Are Hungry for Success

These Food Entrepreneurs Are Hungry for Success
  • Read more about These Food Entrepreneurs Are Hungry for Success about These Food Entrepreneurs Are Hungry for Success
Broadcasting and Digital Era, Entrepreneurship, Financial Technology, Social Enterprise
Date
November 07, 2019
Girl sitting at the base of a tree on a laptop talking on the phone.
Broadcasting and Digital Era, Entrepreneurship, Financial Technology, Social Enterprise

Using Digital Technology to Narrow the Opportunity Gap

Digital technology was not invented to tackle inequality, and there is even a risk that it could widen existing economic and social disparities. But, as the case of China illustrates, new platforms also offer many possible ways to narrow the opportunity gap.
  • Read more about Using Digital Technology to Narrow the Opportunity Gap about Using Digital Technology to Narrow the Opportunity Gap
Chazen Global Insights, Entrepreneurship
Date
January 01, 2016
An office with a colorful mural on the wall photo. Photo by Muriel Donzellini – Free Computer Image on Unsplash
Chazen Global Insights, Entrepreneurship

Where Do Startups Start?

Frictions in markets and within companies create opportunities for entrepreneurs to unlock value — but not without costs.
  • Read more about Where Do Startups Start? about Where Do Startups Start?

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Entrepreneurship & Innovation Faculty

Entrepreneurship & Innovation Research

The Innovative Finance Revolution

Authors
Georgia Levenson Keohane and Saadia Madsbjerg
Date
August 1, 2016
Format
Newspaper/Magazine Article
Publication
Foreign Affairs

Assessments of how governments and international organiza­tions have dealt with global challenges often feature a familiar refrain: when it comes to funding, there was too little, too late. The costs of economic, social, and environmental problems compound over time, whether it's an Ebola outbreak that escalates to an epidemic, a flood of refugees that tests the strength of the EU, or the rise of social inequalities that reinforce poverty.

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The agentic-communal model of power: Implications for consumer behavior

Authors
Derek D. Rucker and Adam Galinsky
Date
August 1, 2016
Format
Journal Article
Journal
Current Opinion in Psychology

This paper presents an Agentic-Communal Model of Power as a means to understand how power shapes and guides consumer behavior. We present theoretical arguments and review empirical data that reveal how the possession of power can produce a more agentic orientation within consumers, whereas the lack of power can produce a more communal orientation within consumers. As a consequence of either an increased agentic or communal orientation, psychological states of power and powerlessness affect a wide variety of consumer behaviors ranging from gift giving to persuasion to consumer misconduct.

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The voiced pronunciation of initial phonemes predicts the gender of names

Authors
Michael Slepian and Adam Galinsky
Date
April 1, 2016
Format
Journal Article
Journal
Journal of Personality and Social Psychology

Although it is known that certain names gain popularity within a culture because of historical events, it is unknown how names become associated with different social categories in the first place. We propose that vocal cord vibration during the pronunciation of an initial phoneme plays a critical role in explaining which names are assigned to males versus females.

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Economic insecurity increases physical pain

Authors
E. Chou, B. Parmar, and Adam Galinsky
Date
April 1, 2016
Format
Journal Article
Journal
Psychological Science

The past decade has seen a rise in both economic insecurity and frequency of physical pain. The current research reveals a causal connection between these two growing and consequential social trends. In five studies, we found that economic insecurity produced physical pain and reduced pain tolerance. In a sixth study, with data from 33,720 geographically diverse households across the United States, economic insecurity predicted consumption of over-the-counter painkillers.

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To have control over or to be free from others? The desire for power reflects a need for autonomy

Authors
Joris Lammers, J.I. Stoker, F. Rink, and Adam Galinsky
Date
April 1, 2016
Format
Journal Article
Journal
Personality and Social Psychology Bulletin

The current research explores why people desire power and how that desire can be satisfied. We propose that a position of power can be subjectively experienced as conferring influence over others or as offering autonomy from the influence of others. Conversely, a low-power position can be experienced as lacking influence or lacking autonomy. Nine studies show that subjectively experiencing one’s power as autonomy predicts the desire for power, whereas the experience of influence over others does not.

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Status decreases dominance in the West but increases dominance in the East

Authors
Alice J. Lee, S. Yu, and Adam Galinsky
Date
February 1, 2016
Format
Journal Article
Journal
Psychological Science

In the experiments reported here, we integrated work on hierarchy, culture, and the enforcement of group cooperation by examining patterns of punishment. Studies in Western contexts have shown that having high status can temper acts of dominance, suggesting that high status may decrease punishment by the powerful. We predicted that high status would have the opposite effect in Asian cultures because vertical collectivism permits the use of dominance to reinforce the existing hierarchical order.

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Whatever it takes: The consequences of rivalry for unethical behavior

Authors
G. Kilduff, Adam Galinsky, E. Gallo, and J.J. Reade
Date
Forthcoming
Format
Newspaper/Magazine Article
Publication
Academy of Management Journal

This research investigates the link between rivalry and unethical behavior. We propose that people will be more willing and likely to engage in unethical behavior when competing against their rivals than when competing against non-rival competitors. Further, we argue that rivalry may act as a mindset such that mere exposure to one’s rivals can be enough to incite unethical behavior even in domains unrelated to that rivalrous relationship.

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Power and perspective-taking: A critical examination

Authors
Adam Galinsky, Derek D. Rucker, and Joe Magee
Date
Forthcoming
Format
Newspaper/Magazine Article
Publication
Journal of Experimental Social Psychology
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The information-anchoring model of first offers: When and why moving first helps versus hurts negotiators

Authors
David D. Loschelder, Roderick I. Swaab, R. Troetschel, and Adam Galinsky
Date
Forthcoming
Format
Newspaper/Magazine Article
Publication
Journal of Applied Psychology

Does making the first offer increase or impair a negotiator's outcomes? Past research has found evidence supporting both claims. To reconcile these contradictory findings, we developed and tested an integrative model — the Information-Anchoring Model of First Offers. The model predicts when and why making the first offer helps versus hurts. We suggest that first offers have 2 effects. First, they serve as anchors that pull final settlements toward the initial first-offer value; this anchor function often produces a first-mover advantage.

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