Connecting the Dots: Bridging Non-market Strategy and Corporate Innovation
Session 13652
Tuesday, August 8 2023 4:00pm - 5:30pm ET (GMT-4)
at Boston Marriott Copley Place in Vermont
This symposium introduces a series of studies at the intersection of corporate innovation and non-market strategy. It examines the private incentives and performance implications for firms that utilize their corporate scientific research to influence policy outcomes. Studies in the symposium suggest that firms may choose to use scientific information to influence policymakers based on the belief that such information is perceived as objective and unbiased. However, the effectiveness of this strategy varies depending on the specific actors targeted and the nature of the scientific information employed. For example, it may be a higher bar for firms to use scientific information to influence a regulatory scientific advisory board than a court. This symposium also highlights the fundamental tension between disclosing scientific information to influence policymakers and the potential for knowledge leakage to competitors. This symposium broadens our understanding of corporate innovation and non-market strategy, specifically by examining how firms use scientific information to influence regulators, legislators, and courts, and how this relates to the use of other non-market strategies, such as lobbying.
Organizer: Nicole West - U. of Texas at Dallas
Organizer: Nur Ahmed - MIT Sloan School of Management
Discussant: Jiao Luo - U. of Minnesota
Discussant: Francisco Polidoro - U. of Texas at Austin
Presenter: Nur Ahmed - MIT Sloan School of Management
Presenter: Elie J. Sung - HEC Paris
Presenter: John P. Walsh - Georgia Institute of Technology
Presenter: Nicole West - U. of Texas at Dallas
Presenter: David Tan - U. of Washington
Presenter: Michael Park - INSEAD
We cover exciting topics like Responsible AI, tension between lobbying and knowledge leakage, or using science to influence regulatory policies.
We hope to see you there!
Niki West and Nur Ahmed