Knowledge & Research

Tuck Private Equity and Entrepreneurship Research Conference

The purpose of the conference is to advance interdisciplinary research in private equity and entrepreneurship and to promote dialogue with academics, private equity professionals, and entrepreneurship professionals.

Financing and New Product Decisions of Private and Publicly Traded Firms

Gordon Phillips and Giorgo Sertsios exploit Medicare national coverage reimbursement approvals as a quasi-natural experiment to investigate how the financing decisions of private and publicly traded firms respond to changes...

Extending Industry Specialization through Cross-Border Acquisitions

Authors Lauren Frésard, Ulrich Hege, and Gordon Phillips investigate the role of industry specialization in horizontal cross-border mergers and acquisitions. They find that acquirers from more specialized industries in...

Why Do Public Firms Issue Private and Public Securities?

The market for public firms issuing private equity, debt, and convertible securities is large. Of the over 13,000 issues, authors Armando Gomes and Gordon Phillips examine more than half are in...

Conglomerate Industry Choice and Product Language

Authors Gerard Hoberg and Gordon Phillips analyze the words that firms use to describe their products to examine the determinants of which industries conglomerate firms operate within. Their central finding...

Audience Structure and the Failure of Institutional Entrepreneurship

Across a wide range of empirical settings, research on institutional entrepreneurship has focused on how actors are able to successfully create and transform institutional arrangements. Yet few studies have examined...

The Impact of Venture Capital Monitoring

Authors Shai Bernstein, Xavier Giroud, and Richard R. Townsend show that venture capitalists’ (VCs) on-site involvement with their portfolio companies leads to an increase in (1) innovation and (2) the likelihood of...

The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship

How does consumer credit access impact job flows, earnings, and entrepreneurship? To answer this question, authors Kyle Herkenhoff, Gordon Phillips, and Ethan Cohen-Cole build a new administrative dataset which links...