Microcredit and other forms of small-scale nance have failed to catalyze entrepreneurship in developing countries. In these credit markets, borrowers and lenders often bargain over not only the division of surplus but also contractual exibility. We show these lending relationships may lead to endoge...

For decades, training in management research has emphasized objectivity, typically viewed as an arm’s length distance between the topic of the research and the interests of the researcher. This emphasis has led most scholars to avoid research topics of deep personal relevance – or at least to avoid ...

This case explores the tradeoffs of competing policies, including Universal Basic Income and a federal job guarantee, that have been proposed to combat automation-driven job displacement. It gives students the opportunity to discuss the purpose and reach of a national welfare system, examine the mec...

Artificial intelligence and automation are forcing businesses, including those in the banking sector, to make dramatic changes. In 2015, ING, one of Europe’s largest banks, took the leap: it transformed its Dutch branch by adopting an agile framework for all operations. The root of this transformati...