IBI funds faculty research in the areas of entrepreneurship and innovation through a competitive process open to Haas faculty. In 2018, IBI funded projects examining gaps between theory and evidence in entrepreneurship, the effect of new technologies on finance, and the impact of specific innovations on healthcare and climate change.

Mathijs De Vaan

Do Financial Constraints Spur Innovation?

Health care is characterized by the frequent introduction of new technologies, drugs and treatment options and many of these new alternatives to existing treatments have the potential to improve health outcomes and shift spending (depending on the costs of the new alternatives). Therefore, it is important to understand the drivers of physicians updating their practice styles and adopting innovations. Learn More

Faculty Grant 2018

Ross Levine

Pollution, Human Capital, Migration and Innovation

When a firm starts polluting, does this cause highly-­‐skilled workers at neighboring firms to leave for “greener” environments, hurting innovation and corporate valuations?  Learn More

Faculty Grant 2018

Abhishek Nagaraj

The Economic Value of Weather Innovation: Evidence from Hurricane Forecasts

The US Government makes significant investments in weather innovation and yet the economic value of weather forecasts is poorly measured. We examine the economic consequences of poor hurricane predictions on business and regional performance in the US Atlantic Basic. Learn More

Faculty Grant 2018

Gustavo Manso

Managing Innovation

This research project will study how to manage innovation in organizations. For example, how organizations should adapt to deal with creative workers? In particular, what practices, incentive systems, and institutions attract, retain, and motivate such workers more effectively? Learn More

Matteo Benetton

Quantifying the Benefits of Financial Innovation

The broad research question that we address in this project is: what are the benefits of financial innovation? Our study will quantify the benefits for consumers of introducing a new financial contract in the mortgage market combining new data from Israel, an innovative identification strategy, and a theory-based model of consumer choice. Learn More

Ulrike Malmendier

Digital Sales and Inventory Data to Assess Creditworthiness of Microenterprises, by Ulrike Malmendier and Paul Gertler

Microenterprises in developing countries tend not to have digital data on sales and inventories, which hampers their ability to obtain credit. Professors Malmendier and Gertler partnered with a bank, a large supplier of goods and a software developer in the Dominican Republic to introduce digital sales and inventory technology in microenterprises. Learn More

Brett Green

Unlocking Credit Access through Technological Innovation, by Brett Green, Paul Gertler and Catherine Wolfram

Pay-as-you-go financing (PAYGO) has emerged as the leading business model for the sale of mobile and solar products in the developing world. The typical PAYGO contract requires the customer to make a modest down payment to take possession of the product followed by frequent small payments that “unlock” the product for some amount of time or usage. The researchers are partnering with the largest PAYGO solar provider in Uganda to evaluate a school-fee loan program that is now offered to solar home system borrowers. Learn More