Area: Strategy
Working for a Startup Depresses Long-Term Earnings
The most lucrative career paths avoid young, small firms
Private Equity Boosts Nursing Home Staffing — When Compelled by Competition
But in uncompetitive markets, the financial owners cut staff
Medicare Ratings Didn’t Predict Nursing Homes’ Initial COVID-19 Vulnerability
Rate of spread in the surrounding community was a bigger indicator of risk
Rapid Change Is Coming to the Service Sector
Technology and “industrialization” are reshaping services as they did manufacturing
A Broader Measure of Value Creation at Corporations
A tool in the debate over shareholder primacy and wealth disparities
How Nursing Homes Selectively Admit Patients for Optimal Profits
When beds are limited, turning away the sickest and poorest boosts margins
How Publicly Funded Research Leads to Cancer Drug Trials
Pharmaceutical companies are better able to identify promising new applications for existing drugs
How to Spur Capital Spending: Plan for Failure
Companies might invest more in new ventures if they could see in advance how to redeploy the assets if things don’t pan out
Is Anyone Happy about the College Textbook Market?
Buyers find the tomes heavy, costly and too frequently revised, while sellers might like to kill the used book market entirely
Some Corporate Mergers Hold Down Future Wages
Fewer employers = less competition for workers = smaller paychecks
New Technology Lifted Pay, Especially for the Bosses
Top executives saw much larger gains after broadband adoption than the workers below them
Exploring the Relationship between Off-Label Prescriptions and Clinical Trials
A study looks at how changes in FDA labeling affect pediatric utilization of drugs
What Work Experience Makes a Successful Entrepreneur?
How founders’ employment history shapes their ventures
How Antitrust Thinking on Hospital Mergers Has Been Forced to Evolve
Matt Schmitt’s research shows hospital prices rise after acquisitions, even where local competition is unchanged
Do Hospital Mergers Really Cut Health Care Costs?
Matt Schmitt finds that size and location help determine how much, if any, costs fall after deals
Noncompete Agreements Reduce Worker Pay — and Overall Economic Activity
Researchers refute earlier claims