Hello,
Just a quick reminder that the virtual seminar series of the Alliance for Research on Corporate Sustainability (ARCS) will be hosting Nilanjana Dutt (Bocconi) on December 6th. She will present joint work with Colleen Cunningham (Utah) called "Energizing Change: How Policies and Experience Drive R&D" It is a great opportunity for all to learn about research-in-progress in corporate sustainability (the presentation is 20 mins long and Q&A is another 10 mins) and for all juniors out there (PhD students and junior faculty) to socialize with the speaker afterwards (the last 30 mins). Please find the abstract below and paper attached:
Given the significance of firm R&D investment in supporting successful technological shifts, this paper asks whether policy incentives can drive firms to invest in R&D. We use data from the U.S. electric utilities industry, a setting in which most state governments have enacted renewable portfolio standards (RPSs) mandating renewable electricity. We examine whether these policies also motivate firms to increase investment in R&D. We find a positive relationship between RPSs and R&D investment, but primarily among firms with previous experience generating renewable electricity. Notably, electric utility firms focus their investments on external R&D rather than on internal R&D projects. By highlighting how policy incentives for technological change and firm technological experience work together to stimulate R&D efforts, this research deepens our understanding of technological search.
Here is the list of the remaining speakers and dates of the virtual seminars (11am-12pm EST):
Dec 6 Nilanjana Dutt (Bocconi)
Jan 10 George Wernicke (HEC Paris)
Feb 7 Sinziana Dorobantu (NYU)
Mar 7 Lucca Berchicci (Rotterdam)
Apr 4 Vanessa Burbano (Columbia)
May 2 Hannah Schupfer (King's College, Ivey/ARCS PhD best paper award winner)
Please register for the seminar here: https://corporate-sustainability.org/online-seminar-series/
Happy Thanksgiving and hope to see you there!
Best regards,
Olga Hawn, PhD
Associate Professor, Strategy and Entrepreneurship
Sustainability Distinguished Fellow
Faculty Director, Ackerman Center for Excellence in Sustainability
UNC Kenan-Flagler Business School
Associate Editor, Strategic Management Journal
Associate Editor, Management Science