Shifting mindset increases managers’ willingness to invest in new technology

Shifting mindset increases managers’ willingness to invest in new technology

When faced with a cutting-edge technological idea, business leaders who approach the idea in more concrete “how” terms — rather than in abstract “why” terms — are less likely to be deterred by its novelty and more likely to recognize its utility, which increases their propensity to invest in the idea, according to new research from the Olin Business School.
Will my startup idea work?

Will my startup idea work?

My office hours fill up weeks in advance with students (who are not even in my classes) waiting to ask me one question: “Doug, will my startup idea work?” My short answer is, “Who cares what I think? What do your target customers think?”   And most often the student’s answer is, “Well, I haven’t shown […]

Big Ideas program seeks applications

The Big Ideas 2021-2022 competition is open. The program provides opportunities for collaborative teams to develop innovations in informatics and health-care delivery The deadline to submit a letter of intent is March 29.
An Olin professor’s win-win idea

An Olin professor’s win-win idea

Glenn MacDonald had an idea. In May 2020, a group of  St. Louis business owners formed the STL Small Business Task Force to address the economic impact of the COVID-19 pandemic on small to mid-sized businesses. They invited MacDonald, the John M. Olin Distinguished Professor of Economics and Strategy at Olin Business School, to join. MacDonald, who has […]
Breaking down the American Rescue Plan

Breaking down the American Rescue Plan

The American Rescue Plan is a remarkable effort to jump-start the U.S. economy — unprecedented in scale outside of major wars — and will lead to very fast growth of the U.S. economy over the next year, according to Steven Fazzari, director of the Weidenbaum Center on the Economy, Government and Public Policy.
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