D^3 Affiliate Research

Climate adaptation is increasingly a necessity for U.S. cities facing growing flood risks. Yet, adaptation efforts are uneven, with some cities failing to reach necessary levels of protection against climate impacts. Research by Shirley Lu, HBS Assistant Professor of Business Administration and member of D^3’s Climate and Sustainability Impact Lab, and Anya Nakhmurina, Assistant Professor […]

Addressing the climate crisis must involve changes from the top down (through laws and investments) and from the bottom up (individual beliefs and actions). A recent study presents insights into how behavioral science can promote climate action across a global audience; it was conducted by Madalina Vlasceanu, Assistant Professor of Environmental Social Sciences at Stanford; […]

In recent years, blockchain technology has sparked interest across industries, but mainstream adoption has largely remained elusive. However, adoption levels are beginning to change as these technologies are used in new ways. In their article, “The Rise of Consumer Crypto,” Steve Kaczynski, author and co-founder of dGen Network, and Scott Duke Kominers, HBS Sarofim-Rock Professor […]

Non-fungible tokens (NFTs) have sparked a revolution in how we think about digital and physical asset ownership. A key aspect of NFTs is their ability to generate royalties—payments that flow to the creators or owners whenever their NFT is resold. This system offers creators long-term financial benefits while changing how intellectual property (IP) is valued, […]

Open source software (OSS) is no longer just a tool for hobbyists or software enthusiasts—it has become a strategic asset driving the growth of global startups. In their paper, “Contributing to Growth? The Role of Open Source Software for Global Startups,” Nataliya Langburd Wright, Assistant Professor of Business at Columbia Business School; Frank Nagle, Assistant […]

With the rise of tech giants across the globe, there has been increasing concern about the consequences their dominance creates for market competition. Governments in various countries have responded by implementing antitrust regulations to curtail the power of these digital platforms. In China, the introduction of the Anti-Monopoly Guidelines for the Platform Economy in February […]

Open source software (OSS) underpins much of today’s digital infrastructure, and is prevalent in everything from operating systems to cloud services. Thus, understanding the real economic impact of OSS is essential for fostering sustainable development and guiding strategic investments, especially for policymakers. To highlight the significant, yet often invisible, contributions of OSS on the global […]

The growth of big data, particularly the availability of real-time information through alternative sources, may be reshaping the dynamics of institutional lending. A recent paper, “Gone with the Big Data: Institutional Lender Demand for Private Information”, by HBS Assistant Professor of Business Administration and researcher at D^3’s Digital Value Lab, Jung Koo Kang, explores these […]

In their recent publication, “Absenteeism, Productivity, and Relational Contracts Inside the Firm“, Achyuta Adhvaryu, Professor of Economics at UC San Diego, Jean-Francois Gauthier, Assistant Professor of Economics at HEC Montreal, Anant Nyshadham, Professor of Business Economics at Michigan Ross, and Jorge Tamayo, Assistant Professor of Business at Harvard Business School and faculty co-director at D^3’s […]

Venture capital (VC) firms play a pivotal role in shaping the media landscape for startups, influencing public perception, talent acquisition, and future fundraising efforts. The paper “Investor Influence on Media Coverage: Evidence from Venture Capital-Backed Startups” by Brian K. Baik, Assistant Professor at Harvard Business School and a researcher at D^3’s Digital Value Lab, and […]