Hello!
Just a quick reminder that the virtual seminar series of the Alliance for Research on Corporate Sustainability (ARCS) will be hosting Lisa Keding (RWTH Aachen University) this Friday on Nov 7. She won NBS Best Paper Award in 2025 and will present "Inventors' Personal Experience of Natural Disasters and Green Innovation". The format will include a 20-minute presentation, followed by 10 mins of Q&A and an additional 30 mins of informal discussion with the speaker-a valuable opportunity for PhD students and junior faculty to connect and engage. Please find the abstract below:
We show that inventors' personal experiences of natural disasters lead to increased green innovation. We match patent records of French and German inventors and a survey of inventive firms to detailed information on natural disasters. This allows us to exploit exogenous variation in inventors' exposure to natural disasters. In affected areas, exposure results in an average 8.2% increase in green patents, driven primarily by increased innovation in mitigation technologies that reduce emissions. Non-green innovation remains unaffected. We do not find significant spatial spillovers in patenting, underlining the importance of being personally affected. To get at the mechanism, we investigate how natural disaster exposure changes firms' reasons for green innovation. Affected firms adjust their higher-order beliefs regarding consumers' demand for green goods and more stringent environmental regulation. Our findings provide novel evidence that personal experiences affect higher-order beliefs and innovation.
Please register for the seminar on the ARCS website or directly here.
Here is the list of the remaining speakers and dates for this year (11am-12pm EST):
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Aline Gatignon (HEC Paris) – Dec 5
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Natalia Lyly (awardee, LUT University) – Jan 9
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Shaz Ansari (Cambridge) – Feb 6
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Fabrizio Ferraro (IESE) – Mar 6
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Joao Albino-Pimentel (USC) – April 3
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Ben Lewis (BYU) - May 1
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Hope to see you there!
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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
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