Seminar  |  17.02.2021 | 09:00  –  10:15

Innovation & Entrepreneurship Seminar: Automation, Job Design, and Productivity – Field Evidence

Ivan Png (National University of Singapore)


Seminare finden derzeit im Online-Format statt (siehe Seminarseite).

In jobs where the cost of effort exhibits increasing differences in separate tasks, automation increases productivity by directly eliminating the automated tasks and indirectly by reducing the marginal cost of non-automated tasks. Here, I report a field experiment rotating supermarket cashiers between conventional (where they scanned and collected payment) and scan-only checkouts. Consistent with increasing differences in separate tasks, at conventional checkouts, cashiers who scanned faster collected payments more slowly. At scan-only checkouts, cashiers scanned 10 percent faster, consistent with lower marginal cost of effort in the non-automated task. The faster scanning was not due to learning, less task-witching, or differential shirking.


Ansprechparterin: Lucy Xiaolu Wang

Seminar  |  10.02.2021 | 17:00  –  18:15

Innovation & Entrepreneurship Seminar: Can Artificial Intelligence Substitute or Complement Managers? Divergent Outcomes for Transformational and Transactional Managers in a Field Experiment

Nan Jia (USC Marshall)


Seminare finden derzeit im Online-Format statt (siehe Seminarseite).

Can artificial intelligence (AI) technologies complement or substitute for human managers in creating greater value for organizations? We argue that managers of the transformational leadership style with greater social skills benefit more from the assistance of AI than do managers of the transactional leadership style with fewer social skills. We provide causal evidence through a field experiment in a fintech firm whose managers provide training to employees on the calls made to collect overdue loans. We randomly assign employees to be trained by one of the following five options: an AI-bot, a transformational leadership-style manager, a transactional leadership-style manager, and both managers assisted by the AI-bot. We find that employees trained by each AI-assisted manager achieved higher performance, by collecting more payments, than did those trained by the manager alone, suggesting that both managers can gain from AI assistance. More interestingly, employees trained by the AI-assisted transformational manager outperformed both those trained by the AI-assisted transactional manager and by the AI-bot alone, indicating complementarity between transformational leadership and AI assistance. By contrast, the employees trained by the AI-assisted transactional manager underperformed those trained by the AI-bot alone, suggesting that the transactional manager is still at risk of being replaced by the AI-bot. These divergent performance outcomes occur because employees learn more from the AI-assisted transformational manager than from the AI-assisted transactional manager. Our findings suggest that, compared with transactional leadership, transformational leadership enable firms to obtain greater economic returns from their investment in deploying AI to manage employees.


Ansprechpartnerin: Marina Chugunova
 

Verschiedenes  |  19.01.2021 | 18:00  –  19:30

Digitality Fireside Chat #1: Innovative Plattformen für Stadtentwicklung

Mit

  • Prof. Dr. habil. Thomas Klie (EH Freiburg), Professur für Rechts- und Verwaltungswissenschaften, Gerontologie; Leitung des Zentrums für zivilgesellschaftliche Entwicklung - zze in Freiburg und Berlin sowie des AGP Sozialforschung; BmBF-gefördertes Forschungsprojekt SoNaTe (Soziale Nachbarschaft und Technik)
  • Bernd Mutter (Stadt Freiburg im Breisgau), Digitalisierungsverantwortlicher der Smart City Freiburg im Breisgau und Fachamt für Digitales und IT (DIGIT)

Der Max Planck Digitality Fireside Chat ist ein neues informelles Veranstaltungsformat für intensive Gespräche und Diskussionen zu Digitalität und digitaler Transformation. Ziel ist es, Modelle für den Umgang mit der digitalen Transformation und Digitalität an sich tiefgehend erörtern zu können. Das Konzept erlaubt einen Austausch zwischen Forschenden und digitalen Pionieren aus der Praxis, die mit neuen Konzepten, Vorschlägen und Ideen hervorgetreten sind und Digitalisierung aktiv gestalten. Die Veranstaltung findet je nach eingeladenen Gästen in deutscher oder englischer Sprache und bis auf Weiteres zunächst als Online-Veranstaltung in einem etwa vierwöchigen Turnus statt.

Seminar  |  18.01.2021, 15:00

TIME Kolloquium

Virginia Herbst (TUM), Maren Mickeler (LMU ISTO) (auf Einladung)


Online-Veranstaltung

Innovation under regulatory uncertainty and the role of expectations: Evidence from the U.S. drone market
Presenter: Virginia Herbst (TUM)
Discussant: Lucy Xialou Wang (Max-Planck-Institut für Innovation und Wettbewerb)


There and back again: Disruptive transitions in dyadic role relationships
Presenter: Maren Mickeler (LMU ISTO)
Discussant: Daniel Obermeier (TUM)

Workshop  |  17.12.2020, 09:00  –  18.12.2020, 16:00

RISE – 3rd Research on Innovation, Science and Entrepreneurship Workshop

Keynote: Rosemarie Ziedonis (Boston University & NBER)

On 17/18 December 2020, the Max Planck Institute for Innovation and Competition will host the 3rd Research on Innovation, Science and Entrepreneurship Workshop, an annual workshop for Ph.D. students and Junior Post-docs in Economics and Management.


The goal of the RISE3 Workshop is to stimulate an in-depth discussion of a select number of empirical research papers. It offers Ph.D. students and Junior Post-docs an opportunity to present their work and to receive feedback.


Keynote speaker of the RISE3 Workshop is Rosemarie Ziedonis (Boston University & NBER).


Get the Program here.
See RISE Workshop.

Seminar  |  09.12.2020 | 15:00  –  16:15

Innovation & Entrepreneurship Seminar: COVID-19 Disruptions Disproportionately Affect Female Academics

Olga Shurchkov (Wellesley College)


Seminare finden derzeit im Online-Format statt (siehe Seminarseite).

The rapid spread of the COVID-19 pandemic and the subsequent counter-measures, such as school closures, shift to working from home, and social distancing are disrupting economic activity around the world.  As with other major economic shocks, there are winners and losers, leading to increased inequality across certain groups.  In this project, we investigate the effects of COVID-19 on the gender gap in productivity among academics. First, we track the patterns of publications and working paper series submissions of male and female authors before and after COVID-19, performing a simple difference-in-difference analysis to see whether the trends diverge after COVID-19. Preliminary findings from economics suggest that female economists experienced significant declines in submissions in the early months of the pandemic, relative to the mean.  Second, we conduct a broad survey of academics across various disciplines to collect more nuanced data on the respondents’ circumstances, such as spouse employment, the number and age of children, and time use. We find that female academics, particularly those who have children, report a disproportionate reduction in time dedicated to research relative to comparable men and women without children.  Both men and women report substantial increases in childcare and housework burdens, but women experienced significantly larger increases relative to men.


Ansprechpartnerin: Marina Chugunova

Tagung  |  07.12.2020 | 09:05  –  18:00

International Conference on Trade Secret Protection — Asia at a Crossroads

Ort: College of Law, National Taiwan University, Taiwan

Organisatoren:

  • Applied Research Center for Intellectual Assets and the Law in Asia (ARCIALA), School of Law, Singapore Management University (SMU),
  • Max-Planck -Institut für Innovation und Wettbewerb,
  • Center for Law, Technology and Ethics, College of Law, National Taiwan University,
  • Taiwan Intellectual Property Law Association (TIPLA)

Programm zum Download

Seminar  |  02.12.2020 | 15:00  –  16:15

Innovation & Entrepreneurship Seminar: Is the Patent System an Even Playing Field?

Gaétan de Rassenfosse (École Polytechnique Fédérale de Lausanne)


Seminare finden derzeit im Online-Format statt (siehe Seminarseite).

The patent system underpins the business model of some of the fastest-growing companies. Used appropriately, it should support frontier technologies and nurture new firms. Used perniciously, it can stifle innovation and protect established technological behemoths. We analyze patent examination decisions at the American, European, Japanese, Korean, and Chinese patent offices and find evidence that patent attorneys have a surprisingly significant role in the patent system. Our results suggest that some forces within the examination system maintain the uneven playing field by allocating monopoly rights to inventors with better access to influential attorneys, rather than leveling it by favoring inventors with better, non-obvious ideas. Attorney quality is most important, vis-à-vis invention quality, in less codified and more rapidly changing technology areas such as software and ICT. Moreover, attorney quality is more important when invention quality is low. 


Ansprechpartnerin: Marina Chugunova

Seminar  |  25.11.2020 | 15:00  –  16:15

Innovation & Entrepreneurship Seminar: Global Mobile Inventors

Ernest Miguelez (CNRS-GREThA, Université de Bordeaux)


Seminare finden derzeit im Online-Format statt (siehe Seminarseite).

We present a comprehensive study on the dynamics of knowledge production and diffusion linked to global mobile inventors (GMIs). We find that GMIs are essential team members of the first few patents in technology classes new to the country of residence as compared to patents filed at later stages. We interpret these results as tangible evidence of GMIs facilitating the technology-specific diffusion of knowledge across nations. (Joint work with Dany Bahar, Brookings Institution, and Prithwiraj Choudhury, Harvard Business School)


Ansprechpartner: Rainer Widmann

Seminar  |  11.11.2020 | 16:30  –  17:45

Innovation & Entrepreneurship Seminar: Product Recalls and New Product Development – Own Firm Distractions and Competitor Firm Opportunities

Ariel D. Stern (Harvard Business School)


Seminare finden derzeit im Online-Format statt (siehe Seminarseite).

Product recalls create significant challenges for R&D intensive firms, but simultaneously generate potentially lucrative opportunities for competitors. Using the U.S. medical device industry as our setting, we develop predictions and provide evidence that own firm recalls slow new product development activities, while competitor firm recalls accelerate them. We also examine two firm-level moderators that influence the recall and new product development relationship: product scope and ownership structure. We find that own firm recalls slow new product development for all firm types: a single own firm recall slows new product development up to 43 days, equating to more than $10 million in revenue lost in this high-margin and highly competitive setting. We also find that competitor firm recalls are associated with accelerated development times, but only for broad (vs. narrow) product scope firms and public (vs. private) firms. A one standard deviation increase in competitor firm recalls for these firm types accelerates new product development by more than two weeks. Organizational resources and financial incentives are thus key determinants of whether firms can effectively capitalize on the potential market opportunities created by competitor recalls. In post-hoc analyses, we explore whether future product quality is predicted by post-recall submission times, but find no evidence for this relationship. This result suggests that new product development delays following own firm recalls are more likely driven by organizational distractions than by product quality learning, and that firms react strategically and rationally by speeding new products to market after competitor recalls.


Ansprechpartner: Dennis Byrski