Summary: Innovation is important for business success and family firms have a higher conversion rate of innovation inputs into outputs compared to non-family firms. In fact, family firms can attain more innovative behaviors when perceptions of creative nonfamily employees align with the values of family firms.
*Award Winner - Kauffman Foundation Award for Best Research Translation*
Summary: We know social entrepreneurs are motivated to change the world for the better. For first-time social entrepreneurs, the zeal for social change may even surpass their need for money, affecting how they communicate their missions and how they’re perceived by investors.
Summary: IPOs are all about the exchange and interpretation of information. However, recent changes in regulations and technology have shaken up the traditional information exchange model. Hype – or intense group sentiment – plays an important role in how an IPO is established and its long-term performance.