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Research Papers  Venture Capital and Ethnic Integration: Better Together

Samila, Sampsa; Sorenson, Olav Diversity is one thing, integration another, according to an empirical study of the impact of venture capital in the U.S. IESE's Sampsa Samila finds a one standard deviation increase in racial integration increased the positive outcomes associated with VC by at least 30 percent. Read article

Research Papers  How Much Should a Strategic Alliance Evolve?

Jiang, Xu; Jiang, Feifei; Ariño, Africa; Peng, Mike W. Strategic alliances, like the companies that form them, must evolve to adapt to their changing environment. But what is the optimal level of adaptation? Read article

Research Papers  What Managers Should Know About Value Creation -- and Appropriation

Lieberman, Marvin B.; Balasubramanian, N.; García-Castro, Roberto To grow, does your firm innovate, replicate or both? And how are economic gains distributed to stakeholders? IESE's Roberto Garcia-Castro and co-authors discuss their dynamic way to measure value creation over time and its implications for firm strategy. Read article
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