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Entrepreneurship & Innovation

See the latest research, articles and faculty on the Entrepreneurship & Innovation Area of Expertise at Columbia Business School.

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Entrepreneurship & Innovation Faculty

Entrepreneurship & Innovation Research

Challenge your stigma: How to re-frame and re-value negative stereotypes and slurs

Authors
C.S. Wang, J.A. Whitson, E.M. Anicich, L.J. Kray, and Adam Galinsky
Date
January 1, 2017
Format
Journal Article
Journal
Current Directions in Psychological Science

A stigma — originally a branding-iron mark on a prisoner or slave — serves as a mark of disgrace. To carry the stigma of a bankruptcy, an HIV infection, an addiction, a reviled religion, or another negatively stereotyped social group is to be dishonored, disapproved, or even dehumanized by others.

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Regional ambient temperature is associated with human personality

Authors
W. Wei, J.G. Lu, Adam Galinsky, H. Wu, S.D. Gosling, P. Rentfrow, W. Yaun, Q. Zhang, Y. Guo, M. Zhang, W. Gui, X.Y. Guo, J. Potter, J. Wang, B. Li, X. Li, Y.M. Han, M. Lv, X.Q. Guo, Y. Choe, W. Lin, K. Yu, Q. Bai, Z. Shang, Ying Han, and L. Wang
Date
January 1, 2017
Format
Journal Article
Journal
Nature Human Behaviour

Human personality traits differ across geographical regions. However, it remains unclear what generates these geographical personality differences. Because humans constantly experience and react to ambient temperature, we propose that temperature is a crucial environmental factor that is associated with individuals' habitual behavioural patterns and, therefore, with fundamental dimensions of personality.

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Optimal Dynamic Contracts with Moral Hazard and Costly Monitoring

Authors
Tomasz Piskorski and Mark Westerfield
Date
November 1, 2016
Format
Journal Article
Journal
Journal of Economic Theory

We introduce a tractable dynamic monitoring technology into a continuous-time moral hazard problem and study the optimal long-term contract between principal and agent. Monitoring adds value by allowing the principal to reduce the intensity of performance-based incentives, reducing the likelihood of costly termination. We present a novel characterization of optimal dynamic incentive provision when performance-based incentives may decline continuously to zero. Termination happens in equilibrium only if its costs are relatively low.

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The agentic-communal model of power: Implications for consumer behavior

Authors
Derek D. Rucker and Adam Galinsky
Date
August 1, 2016
Format
Journal Article
Journal
Current Opinion in Psychology

This paper presents an Agentic-Communal Model of Power as a means to understand how power shapes and guides consumer behavior. We present theoretical arguments and review empirical data that reveal how the possession of power can produce a more agentic orientation within consumers, whereas the lack of power can produce a more communal orientation within consumers. As a consequence of either an increased agentic or communal orientation, psychological states of power and powerlessness affect a wide variety of consumer behaviors ranging from gift giving to persuasion to consumer misconduct.

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The Innovative Finance Revolution

Authors
Georgia Levenson Keohane and Saadia Madsbjerg
Date
August 1, 2016
Format
Newspaper/Magazine Article
Publication
Foreign Affairs

Assessments of how governments and international organiza­tions have dealt with global challenges often feature a familiar refrain: when it comes to funding, there was too little, too late. The costs of economic, social, and environmental problems compound over time, whether it's an Ebola outbreak that escalates to an epidemic, a flood of refugees that tests the strength of the EU, or the rise of social inequalities that reinforce poverty.

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Economic insecurity increases physical pain

Authors
E. Chou, B. Parmar, and Adam Galinsky
Date
April 1, 2016
Format
Journal Article
Journal
Psychological Science

The past decade has seen a rise in both economic insecurity and frequency of physical pain. The current research reveals a causal connection between these two growing and consequential social trends. In five studies, we found that economic insecurity produced physical pain and reduced pain tolerance. In a sixth study, with data from 33,720 geographically diverse households across the United States, economic insecurity predicted consumption of over-the-counter painkillers.

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The voiced pronunciation of initial phonemes predicts the gender of names

Authors
Michael Slepian and Adam Galinsky
Date
April 1, 2016
Format
Journal Article
Journal
Journal of Personality and Social Psychology

Although it is known that certain names gain popularity within a culture because of historical events, it is unknown how names become associated with different social categories in the first place. We propose that vocal cord vibration during the pronunciation of an initial phoneme plays a critical role in explaining which names are assigned to males versus females.

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To have control over or to be free from others? The desire for power reflects a need for autonomy

Authors
Joris Lammers, J.I. Stoker, F. Rink, and Adam Galinsky
Date
April 1, 2016
Format
Journal Article
Journal
Personality and Social Psychology Bulletin

The current research explores why people desire power and how that desire can be satisfied. We propose that a position of power can be subjectively experienced as conferring influence over others or as offering autonomy from the influence of others. Conversely, a low-power position can be experienced as lacking influence or lacking autonomy. Nine studies show that subjectively experiencing one’s power as autonomy predicts the desire for power, whereas the experience of influence over others does not.

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Status decreases dominance in the West but increases dominance in the East

Authors
Alice J. Lee, S. Yu, and Adam Galinsky
Date
February 1, 2016
Format
Journal Article
Journal
Psychological Science

In the experiments reported here, we integrated work on hierarchy, culture, and the enforcement of group cooperation by examining patterns of punishment. Studies in Western contexts have shown that having high status can temper acts of dominance, suggesting that high status may decrease punishment by the powerful. We predicted that high status would have the opposite effect in Asian cultures because vertical collectivism permits the use of dominance to reinforce the existing hierarchical order.

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