Scale Deep Not Up for Sustainable Local Entrepreneurship, with Anna Kim and Suntae Kim

homepost

Latest

Scale Deep Not Up for Sustainable Local Entrepreneurship, with Anna Kim and Suntae Kim

How would definitions of business growth and success change if entrepreneurship ventures decided that instead of scaling up, they would “scale deep”? On the Delve podcast, Desautels Faculty of Management professor Anna Kim and her co-author Johns Hopkins Carey Business School Professor Suntae Kim discuss their eight-year study of two entrepreneurship-nurturing organizations in Detroit, revealing important differences in resourcing modes and venture growth. What they observed in that city is happening in many other places, whether small towns or big cities, rural or urban, where the issue of revitalization is top of mind.

Remix or Reinvent? How Deviance Can Drive Careers in the Creative Community of EDM, with Amandine Ody-Brasier

When does deviance from the norm propel a career or stop it in its tracks? The enforcement of certain norms and legalities around intellectual property isn’t always up to the law—it’s up to the community. Desautels professor Amandine Ody-Brassier discovered that within the electronic dance music (EDM) community, norms around unlawful activities such as illegal remixes are loose and often garner support, even career-launching acclaim. Her research asks how norms—appropriate, though not necessarily legal, behaviors shared by community members—affect careers and other economic outcomes in creative occupations.

Why Digital Currencies Could Change the Future of Central Banking

Central Bank Digital Currencies represent a possible next step in the technological evolution of banking and the financial intermediation sector, with advances in privacy, fraud protection, and efficiency—but their roles and risks on the high-tech path forward are only now becoming clear. Some of the world’s largest economies are considering issuing a Central Bank Digital Currency (CBDC), a digital form of a country’s currency that could be used to make online and mobile payments, and many smaller countries have already adopted one. Experts recently debated the future of CBDCs at the Desmarais Global Finance Lecture at the Desautels Faculty of Management.

Where Artificial Intelligence Meets Management Insights and Solutions

How can Artificial Intelligence augment and even improve management of and within organizations? In the interdisciplinary arena of management, AI is being applied to big-picture issues of organizational strategy and supply chain operations, as well as the ethical details of human resources and the many moving parts of the retail industry. Researchers at the McGill Desautels Faculty of Management provide insights on how AI can be used to increase organizations’ knowledge and operations through data analysis, and even contribute to strategic organizational change.

How Barriers to Foreign Investments Affect Risk-Taking in International Markets, with Francesca Carrieri

What regulations are at play when financial institutions, hedge funds, mutual fund managers, and others invest in stocks and businesses in another country—and who do those regulations ultimately benefit? Despite protecting both foreign investors and countries’ domestic markets, regulatory constraints still present certain barriers to foreign investment, especially in times of market stress, inflation, and increased interest rates. Desautels Professor Francesca Carrieri examines the dynamics of global market integration before and after the 2008 financial crisis, asking what level of risk will foreign investors take today in the name of diversification of their portfolios?

How FinTech Lending to Small Businesses Opens the Door to Bank Loans, with Paul Beaumont

Bank loans are the typical first step for most small and medium-sized businesses, but another form of business lending has emerged: FinTech companies that use algorithms to determine whether a business is worth the risk. Desautels Professor Paul Beaumont’s research has found that firms served by FinTech platforms have fewer tangible assets than bank borrowers—yet relative to similar firms that take out bank loans or were denied FinTech credit, FinTech borrowers experience a long-term 20% increase in bank credit after receiving their FinTech loan. Will banks start to change their tune about what businesses they fund in the first place?

How Cities Can Make Ride-Hailing Services Environmentally Sustainable, with Animesh Animesh

What if using a ride-hailing app like Uber or Lyft could help decrease a city’s carbon emissions? Combined with public transit use and municipal policy changes, that’s beginning to happen. However, the bigger, less understood question is what motivates people to choose their cars over the bus, or Uber over walking to work. New data-driven research from Desautels Professor Animesh Animesh shows the environmental impact of ride-hailing and how comprehensive urban planning policies could make the skies a lot clearer.

Lessons on Economic Growth from the Informal Economy, with Robert Nason

What does the word “entrepreneurship” immediately bring to mind? Risk and reward, innovation and hard work, funding and financial growth, filling gaps in the market? In truth, that answer looks different around the world, in both formal and informal economies, depending on how the local, state, and national economies function and on how the culture views business ownership. On the Delve podcast, Desautels Professor Robert Nason discusses informal economies and the institutions that shape them, pointing out what has been missed in how Western economic thought defines entrepreneurial growth, and what can be learned from the less rigid, arguably more inclusive nature of informal economies.

Striking a New Balance in Management and Society, with Henry Mintzberg and Saku Mantere

How has management thinking changed in the past 50 years and where might management be headed today? In his research and writing, management scholar Henry Mintzberg covers not only the past 50 years but looks toward the future of managing organizations, developing managers, and rebalancing society, from business to politics to higher education. In a big-picture Delve podcast on crucial management, leadership, and organizational issues, Desautels Professor and preeminent management scholar Henry Mintzberg talks with Desautels Professor and Delve Editor-in-Chief Saku Mantere. Their conversation launches the fourth season of the Delve podcast, dedicated to thought leadership and critical thinking in management research at the McGill Desautels Faculty of Management.