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WBUR

A new study co-authored by Prof. Pierre Azoulay finds that immigrants are 80% more likely to start businesses than people born in the U.S., reports Yasmin Amer for WBUR. "[Immigrants] create more firms pretty much in every size bucket," says Azoulay. "They create more small firms, they create more medium sized firms. They create more firms that will grow up to be very large."

The Wall Street Journal

Prof. Jared Curhan has found that “breakthroughs in negotiations occurred nearly twice as frequently after a conversational lapse of between 3.5 and 9.5 seconds as they did at any other point in the conversation,” reports Heidi Mitchell for The Wall Street Journal.

Chronicle of Higher Education

Prof. Jackson G. Lu co-authored a research article which suggests “East Asian students are also struggling in classrooms where assertiveness is expected but not necessarily encouraged within their cultures,” reports Katherine Mangan for The Chronicle of Higher Education.

CNBC

Amazon workers from Staten Island have become the first group to vote in favor of unionizing, reports Ari Levy and Annie Palmer for CNBC. “I would expect now that there is this first victory on the part of a union that Amazon is going to have to reassess its labor relations strategy and begin to negotiate in good faith to reach an agreement,” says Prof. Tom Kochan.

Bloomberg

Educators from the Asia School of Business and MIT have developed a course aimed at teaching central bankers how the market is impacted by bottlenecks and how monetary policy can help, reports Enda Curran for Bloomberg.  “The curriculum covers topics that include crisis prevention, behavioral finance, cybersecurity, digital currencies, and ethics,” writes Curran. 

Forbes

Forbes contributor Rick Miller spotlights “In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest,” a new book by Prof. Andrew Lo and Prof. Stephen Foerster of the University of Western Ontario. The book “provides historical perspective on the development of modern investment theory and practice,” writes Miller.

Forbes

Cary Lin MBA ’16 co-founded Common Heir, a clean and plastic-free beauty company dedicated to creating “a high-impact line of skincare that had a low impact on the environment,” reports Geri Stengel for Forbes.

Fast Company

Quipu Market, co-founded by Mercedes Bidart ’19, Juan Cristobal Constain ’18 and Gonzalo Ortegoa ’19, was named one of Fast Company’s most innovative companies in Latin America, reports Fast Company reporter Adam Bluestein. Quipu Market is “a web-based and mobile platform that allows individuals and small entrepreneurs in low-income communities,” writes Bluestein, “to conduct trade using virtual tokens, helping microbusinesses gain visibility and build creditworthiness even without access to formal banking.”

The Boston Globe

Boston Globe reporter Michael Silverman spotlights the MIT Sloan Sports Analytics Conference, which is highlighting the resiliency of the sports industry.

Forbes

Forbes contributor Patrick Rishe spotlights the 2022 MIT Sloan Sports Analytics Conference, which addressed equity analytics, the Rooney rule, sports marketing in the metaverse, and the future of AI in sports. “Advancements in technology and tracking granular layers of fan behavior at (and away from) sports venues are giving brands deeper insights on connecting a particular partnership with real consumer purchase intentions,” writes Rishe.

MSNBC

MSNBC reporter Selena Rezvani spotlights a study by Prof. Danielle Li and her colleagues, which found that women aren’t seen as having as much leadership potential as men despite having higher and more consistent performance ratings. Li and her colleagues found “women are 14 percent less likely to be promoted year after year, compared to men,” writes Rezvani. 

New York Times

Prof. David Autor, Harvard University Prof. Gordon Hanson, University of Zurich Prof. David Dorn, and Monsah University Prof. Kaveh Majlesi have described an “ideological realignment in trade-exposed local labor markets that commences prior to the divisive 2016 U.S. presidential election,” reports Thomas B. Edsall for The New York Times.

The Wall Street Journal

A report by researchers from MIT’s Center for Transportation & Logistics and the Council of Supply Chain Management Professionals found that nearly half of supply chain professionals have remained committed to the same level of supply chain sustainability as before the Covid-19 pandemic, reports Laura Cooper for The Wall Street Journal. “The report, which surveyed some of 2,400 supply-chain industry professionals, also showed that 36% sought to increase their efforts to be more sustainable,” writes Cooper.

Forbes

Forbes reporter Abdo Riani spotlights an MIT and Northwestern study that uncovered why startup founders should be more cautious when listening to customer feedback. In a “study of six years’ worth of transactional data of 130 thousand customers in large retail chains…[researchers] made an interesting discovery – about 25% of customers consistently buy products that end up failing within 3 years,” writes Riani.

Fast Company

Fast Company reporter Clint Rainey writes that a new study co-authored by MIT economists finds that the bulk of the loan money handed out through the Paycheck Protection Program (PPP) helped business owners and shareholders. The researchers estimate that “somewhere between 23% and 34% of PPP dollars went to workers who would’ve otherwise lost their jobs,” writes Rainey. “The rest of the loan money—a full two-thirds to three-fourths—landed in the pockets of either the company’s owners or shareholders.”