The presence of technology startups can drive economic growth for their home cities. So how can cities better appeal to entrepreneurs? A new study from the McCombs School of Business at The University of Texas at Austin shows the connections they can offer matter more than big money. The research shows that today’s successful tech...
Commerce
More than 60% of Counterfeit Fashion Purchases Were Knowingly Made by Consumers, Per New Study
Fashion – from Louis Vuitton and Hermeś bags to Off-White t-shirts and Chanel shoes – has once again topped the list of some of the most heavily-targeted types of goods by counterfeiters, and some of the most frequently purchased types of products by consumers. That is what the Paris-based Organization for Economic Cooperation and Development...
French Luxury Giants Among the Potential Targets of U.S. Government’s Proposed Tariffs on $2.4 Billion-Worth of Imports
A whopping $2.4 billion-worth of imports from France are set to be taxed by the U.S., putting coveted luxury goods in the crossfire of a bi-national fight over a new French digital services tax. In a statement on Monday, the Trump administration threatened a 100 percent increase in French import taxes in connection with its...
Nike is Pushing for Legislation to Help Fight Against the Import of Infringing Goods
From the methods used to make its most boundary-pushing shoe soles to the ornamental design of the knitted uppers that can be found in its Flyknit technology, Nike’s arsenal of utility and design patents is sweeping. In addition to using those legal protections to try to stomp down on competitors if they veer too close to...
How to Boost Sales of Fair Trade and Sustainable Goods
A researcher from Georgetown University published a new paper in the Journal of Marketing, which examines how consumers approach sustainable buying decision making with on-demand production, where they are given power early in the development cycle. The study, forthcoming in the January issue of the Journal of Marketing, is titled “Who Receives Credit or Blame?...
Capital Costs: Yale Research Offers Truer Calculation of ‘Footprint’ of Purchases
If one wants to calculate the environmental impact of purchasing a product or services, they must consider the role of the capital assets that went into their production — machinery, factories, IT, vehicles, and roads — and the energy and materials required to create those assets. For instance, any assessment of the environmental “footprint” of...
Incumbent CEOs Working with New CFOs Earn 10% More Money
It pays to be the boss. According to new research from Duke University’s Fuqua School of Business, it pays even more to be an incumbent CEO working with a newly hired chief financial officer (CFO). Fuqua researchers studied more than 20 years of data from S&P 1500 firms and found CEOs took home an average...
Outcomes Vary for Workers Who ‘Lawyer Up’ in Employment Arbitration Disputes
Conventional wisdom dictates that workers who “lawyer up” in workplace disputes would be more likely to improve their chances at securing a better outcome, but in an alternative dispute resolution context such as arbitration, employers can all but cancel out those positive effects, says a new paper by a University of Illinois expert who studies...
New Research Shows the More Women on a Company’s Board, the More Market Value Is Lost
A company with a gender-diverse board of directors is interpreted as revealing a preference for diversity and a weaker commitment to shareholder value, according to new research in the INFORMS journal Organization Science. The study examines investor responses to board diversity and finds that one additional woman on the board results in a 2.3% decrease in...
Gender Quotas in Business — How Do Europeans Feel?
Despite years of effort to bring more women to the top boards of business, the proportion of women on the committees of listed companies remains in the single digits. In 2019, women held just 8.7 percent of the positions on the boards of the 160 largest German companies. Despite this, quotas, such as the statutory...