Professor | Marie-France and Rene Kern Chancellor’s Chair in Entrepreneurship | Distinguished Teaching Fellow
Entrepreneurship & Innovation | Finance
About
Gustavo Manso is a Professor of Finance at the Haas School of Business and holds the Marie-France and Rene Kern Chancellor’s Chair in Entrepreneurship. His research focuses on identifying incentives for promoting innovation in organizations. He examines how managerial compensation affects a firm’s innovation activity and he has shed tremendous light on how the structure of scientific research funding influences breakthrough studies.
After teaching for just one semester at Berkeley Haas, Manso received the Earl F. Cheit Award For Excellence In Teaching—the school’s highest teaching award that is selected by students. He is co-founder and past board member of the Finance Theory Group (FTG), a highly respected initiative that gives young professors opportunities to collaborate and present their research in finance theory. Today, the FTG has grown from 30 to 150 members and hosts its bi-annual meetings at top business schools.
Expertise and Research Interests
- Corporate Finance
- Entrepreneurship
- Financial Institutions
- Financial Markets
- Gustavo Manso. Independent Boards and Innovation. Journal of Financial Economics.
2017 - Gustavo Manso and Hui Chen. Macroeconomic Risk and Debt Overhang. Review of Corporate Finance Studies.
2016 - Gustavo Manso. Experimentation and the Returns to Entrepreneurship. Review of Financial Studies.
2016 - Gustavo Manso, Darrell Duffie and Semyon Malamud. Information Percolation in Segmented Markets. Journal of Economic Theory.
2015 - Gustavo Manso, Daniel Ferreira and Andre Silva. Incentives to Innovate and the Decision to Go Public or Private. Review of Financial Studies.
2014 - Gustavo Manso, Bruce Carlin, and Simon Gervais. Libertarian Paternalism, Information Sharing, and Financial Decision-Making. Review of Financial Studies.
2014 - Gustavo Manso. Feedback Effects of Credit Ratings. Journal of Financial Economics.
2013 - Motivating Innovation. Journal of Finance.
2011 - Gustavo Manso, Bruno Strulovici, and Alexei Tchistyi. Performance-Sensitive Debt. Review of Financial Studies.
2010 - Investment Reversibility and Agency Cost of Debt. Econometrica.
2008 - Gustavo Manso and Darrell Duffie. Information Percolation in Large Markets. American Economic Review P&P.
2007
At Haas since 2012
2018 – present, Professor of Finance, Haas School of Business
2012 – 2017, Associate Professor of Finance, Haas School of Business
2009 – 2011, Maurice F. Strong Career Development Professor of Management, MIT Sloan School of Management
2010 – 2011, Associate Professor of Finance, MIT Sloan School of Management
2006 – 2010, Assistant Professor of Finance, MIT Sloan School of Management
- Co-founder (with Itay Goldstein) and board member of the Finance Theory Group
- Referee for American Economic Review, Economic Inquiry, Economic Journal, Economic Theory, Econometrica, Journal of Accounting Research, Journal of Economic Theory, Journal of Finance, Journal of Financial Intermediation, Journal of Financial and Quantitative Analysis, Journal of Political Economy, Management Science, Quarterly Journal of Economics, Review of Economics and Statistics, Review of Economic Studies, Review of Finance, and Review of Financial Studies.
Earl F. Cheit Award for Excellence in Teaching
Full-Time MBA Program
2012
NBER IPE Grant, “Incentives and Creativity”
2007 – 2008
Swiss Finance Institute Outstanding Paper Award
2009
Review of Financial Studies Young Researcher Award
2009
First Prize, Lehman Brothers Fellowship for Research Excellence in Finance
2005
Stanford Institute for Economic Policy Research (SIEPR) Fellowship
2005 – 2006
Student Travel Award, American Finance Association
2005
Jaedicke Merit Award, Stanford Graduate School of Business
2001 – 2002
- The Counterintuitive (But Effective) Way To Score A Raise, Fast Company, 06/03/2016
- The Unexpected Payoff of Failure, Fortune, 03/29/2016
- According to New Research, You Should Probably Start Your Own Business, The Hustle, 02/23/2016
- How Safe Is Entrepreneur’s Livelihood If Failing in Business?, Nordic Business Report, 02/08/2016
- Corporate Finance, MBA 231