In 2022, online payments company Stripe launched a new effort under the leadership of new head of Stripe Climate, Nan Ransohoff, called Frontier. This new entity was founded by five major companies with the goal of accelerating the development of carbon removal technologies through an “Advance Market Commitment” (AMC). In this case, students will learn about carbon removal technologies, Stripe Climate and the intersection of climate technologies and digital payment as well as collaborative efforts among corporations on the climate front.
Latest on Strategy
The Origins of the Singhvi Prize for Scholarship in the Classroom
- Date
Want to Innovate? Forget Brainstorming.
Unlocking the Power of Customer Routines: A Marketing Game Changer
- Date
New Research Shows Strong Company Culture Builds Trust with Customers
- Date
What Are the Costs of Protecting Consumer Data?
- Type
-
Business and Society
- Date
The Future of Decision-Making: An Orthotic for Your Brain
- Type
-
AI and Transformative Tech
- Date
Cracking the Code: Navigating a Successful Digital Transformation
Strategy Faculty
CBS Faculty Research on Strategy
Averting Climate Catastrophe Requires Economic Growth
- Authors
-
Alessio Terzi and Gernot Wagner
- Date
- May 1, 2024
- Format
-
Newspaper/Magazine Article
- Publication
- Project Syndicate
Improving energy efficiency is not enough for advocates of degrowth, who espouse energy sufficiency as the best way to fight climate change. But their argument is absurd: using limited inputs more efficiently is the definition of economic productivity – which, in turn, boosts growth.
Firms’ Rhetorical Nationalism: Theory, Measurement, and Evidence from a Computational Analysis of Chinese Public Firms
- Authors
- Date
- April 30, 2024
- Format
-
Journal Article
- Journal
- Management and Organization Review
In this paper, we develop a computational measure of the firm-level rhetorical nationalism. We first review the literature and develop a four-dimensional theoretical framework of nationalism relevant to firms: national pride, anti-foreign, dominant agenda, and corporate role. We then use machine-learning-based text analysis of over 41,000 annual reports of Chinese public firms from 2000 to 2020 and identify a dictionary of words for each dimension.
The Right Response to China’s Electric-Vehicle Subsidies
- Authors
- Date
- April 5, 2024
- Format
-
Newspaper/Magazine Article
- Publication
- Project Syndicate
While the availability of cheap electric vehicles is good news for the planet and for consumers everywhere, it is bad news for shareholders and employees of Western car companies, and both the United States and Europe are considering imposing import tariffs on Chinese EVs. But tariffs are the wrong approach.
Stripe Climate: Creating a Market for Carbon Removal
Americans misperceive the frequency and format of political debate
- Authors
- Date
- March 6, 2024
- Format
-
Journal Article
- Journal
- Scientific Reports
Disagreement over divergent viewpoints seems like an ever-present feature of American life—but how common is debate and with whom do debates most often occur? In the present research, we theorize that the landscape of debate is distorted by social media and the salience of negativity present in high-profile spats. To understand the true landscape of debate, we conducted three studies (N = 2985) across online and lab samples.
Personalized Pricing and the Value of Time: Evidence from Auctioned Cab Rides
- Authors
- Date
- Forthcoming
- Format
-
Journal Article
- Journal
- Econometrica
We recover valuations of time using detailed data from a large ride-hail platform, where drivers bid on trips and consumers choose between a set of rides with different prices and wait times. Leveraging a consumer panel, we estimate demand as a function of both prices and wait times and use the resulting estimates to recover heterogeneity in the value of time across consumers. We study the welfare implications of personalized pricing and its effect on the platform, drivers, and consumers.
A European clean growth mindset
“Clean growth” versus “degrowth” is a highly contentious political debate. It ought not to be.
Electra: Decarbonizing Steelmaking Through Carbon-free Iron
Electra Steel is Sandeep Nijhawan’s brainchild to decarbonize the process of making steel by creating green iron ore. The incumbent steel industry is a big offender when it comes to greenhouse gases, emitting about 2 tonnes of CO2 produced for every tonne of steel, and a major part of emissions-producing steel production hinges on the processing of iron, so Electra’s strategy is to address this part. This case discusses the steel manufacturing industry and the process of converting iron to steel as well as highlights sources of emissions.
Contributing to growth? The strategic role of open source software for global startups
- Authors
- Date
- January 18, 2024
- Format
-
Working Paper
How does participating in open source software (OSS) communities spur entrepreneurial growth? To address this question, we analyze novel data matching accounts from GitHub—the largest OSS hosting platform—to the universe of global software venture-backed firms identified by PitchBook. We find a robustly positive relationship between OSS contributions and entrepreneurial growth.