Andrea Patacconi

Working Papers

An asset partitioning perspective on corporate groups (with Sharon Belenzon and Honggi Lee)

• Selected presentations: Sumantra Ghoshal Conference (26-27 May 2022) 

Organizing for moonshots (with Nick Vikander)

Older papers currently resting:

Organizational cohesion: An empirical study of corporate group structure in 16 developed economies (with Sharon Belenzon and Bennet Zelner)

Publications

19. A broader corporate purpose? Evidence from UK public companies, 2000-2016. Forthcoming, European Management Review (with Anastasiya Shamshur and Pavlo Ulianiuk) 

• Nominated for Most Inspirational Paper Award (Corporate Governance), EURAM 2021.

18. Cashing in on the culture wars? CEO activism, wokewashing, and firm value. 2023. Strategic Management Journal 44(13): 3098-3121 (with Gaia Melloni and Nick Vikander)

• Media and policy coverage: SMS Explorer post, SMS press release, Psys.org, Mirage News.    

• Selected presentations: Plenary Research Session: Corporate Activism in a Polarized World, Sumantra Ghoshal Conference (27-28 May 2021) 

17. Managing risk in corporate groups: Limited liability, asset partitioning, and risk compartmentalization. 2023. Strategic Management Journal 44(12): 2888-2921 (with Sharon Belenzon and Honggi Lee)

• Media and policy coverage: Harvard Law School Forum on Corporate Governance and Financial Regulation 

16. Knowledge sharing in alliances and alliance portfolios. 2021. Management Science 67(3), 1569-1585 (with Ashish Arora and Sharon Belenzon).

15. The changing structure of American innovation: Cautionary remarks for economic growth. 2020. Innovation Policy and the Economy, Vol. 20: 39-93, University of Chicago Press (with Ashish Arora, Sharon Belenzon and JK Suh). 

• Media and policy coverage: Financial Times, Economist, Noahpinion, New Things Under the Sun, Marginal Revolution, Conversable Economist, In the Pipeline, The Atlantic, DSHR's Blog, Quartz, Ben Reinhardt's blog, American Enterprise Institute, Day One Project, Noahpinion

• Featured on NBER home page.

• Selected presentations: NBER conference on Innovation Policy and the Economy (Washington, April 16, 2019). Audience: Congressional staff members, government officials from departments such as the National Science Foundation, Commerce Department, Office of Science and Technology Policy, and members of the corporate community specializing in innovation issues and science and technology policy.

14. Why the U.S. innovation ecosystem is slowing down. 2019. Harvard Business Review, innovation research (digital), 26 November (with Ashish Arora, Sharon Belenzon and JK Suh).

• Media and policy coverage: Chemical & Engineering News.

13. Flexible production and entry: institutional, technological, and organizational determinants. 2019. Strategy Science 4(3): 193-216 (with Sharon Belenzon and Victor M. Bennett).

12. The architecture of attention: Group structure and subsidiary autonomy. 2019. Strategic Management Journal 40(10): 1610-1643 (with Sharon Belenzon and Niron Hashai).

11. There’s life in the pursuit of research. 2019. Nature 569: S18-S19 (16 May) (with Ashish Arora, Sharon Belenzon and Wesley Cohen).

10. A theory of the US innovation ecosystem: Evolution and the social value of diversity. 2019. Industrial and Corporate Change 28(2): 289-307. Nathan Rosenberg Memorial Issue (with Ashish Arora and Sharon Belenzon).

9. Knowledge protection in firms: A conceptual framework and evidence from HP Labs. 2019. European Management Review 16(1): 179-193 (with Karen Elliott, Julian Williams and Joe Swierzbinski).

8. The decline of science in corporate R&D. 2018. Strategic Management Journal 39(1): 3-32 (with Ashish Arora and Sharon Belenzon). Lead Article

• Listed by the Financial Times among the most significant "Business School Research with Social Impact" in the past five years 

• Media and policy coverage: Washington Post, New York Times, Fortune (a), Fortune_(b), Vox.com, Financial Times, CBS radio (San Francisco), Marginal Revolution, Science, Suddeutsche Zeitung, The Observer, Brookings Institution, American Enterprise Institute, Triangle Business Journal, The Chronicle, Lab Manager, Conservative Reform, Committee on Oversight and Government Reform, The Atlantic, Times Higher Education (THE), Harvard Business Review, American Affairs 

• Selected presentations: Conference “The Decline in Corporate Research: Should We Worry?” (Washington, March 31, 2017). Congressional Briefing by The Center for Innovation Policy at Duke Law - The Decline in Research: Should We Worry? (Washington, June 6, 2017, with Senator Chris Coons (D-DE), Co-chair, Senate Competitiveness Caucus). Plenary session "The Decline of Science in Corporate R&D. Implications for policy, strategy and innovation" Academy of Management 2017 Annual Meeting. NBER Innovation Summer Institute panel: "Is Short-Termism Killing the American Innovation Engine?"

7. Papers to patents. 2017. Nature 552: S10 (7 December) (with Ashish Arora and Sharon Belenzon)

• Additional analysis: A firm shift. 2017. Nature 552: S6-S7 (7 December)

6. Married to the firm? A large scale investigation of the social context of ownership. 2016. Strategic Management Journal 37(13): 2611-2638 (with Sharon Belenzon and Rebecca Zarutskie) 

5. A model of public opinion management. 2015. Journal of Public Economics 128: 73-83 (with Nick Vikander)

4. How does firm size moderate firms’ ability to benefit from invention? Evidence from patents and scientific publications. 2014. European Management Review 11(1): 21-45 (with Sharon Belenzon)

3. Innovation and firm value: An investigation of the changing role of patents, 1985-2007. 2013. Research Policy 42(8): 1496-1510 (with Sharon Belenzon)

2. Interpersonal comparison, status and ambition in organizations. 2010. Journal of Economic Behavior & Organization 75(2): 348-363 (with Florian Ederer)

1. Coordination and delay in hierarchies. 2009. RAND Journal of Economics 40(1): 190-208.