Whitman Research Newsletter – Winter, 2019

The Whitman Research Newsletter highlights awards, honors, new research and more from Whitman’s research faculty. It is published bi-monthly. Send your research inquiries/highlights to Michel Benaroch, associate dean for research and doctoral programs.

Awards and Honors

Todd Moss, assistant professor of entrepreneurship, and James Bort, doctoral student in entrepreneurship, are winners of the best paper award at The Social Entrepreneurship Conference and a $5,000 prize (with Renko, M.) for their paper, “Exploring the antecedents of hybrid claims by microentrepreneurs: A Micro-foundations approach,” presented Nov. 3, 2018. 

David Park, assistant professor of entrepreneurship, has been honored as one of the Top 50 Undergraduate Professors by Poets & Quants for Undergrads.

Michael Haynie, University Professor, Barnes Professor of Entrepreneurship and vice chancellor of strategic initiatives & innovation, and his coauthors are the 2018 BCERC Award recipients for Babson College Bertarelli Family Award for Excellence in Research on the topic of Family Entrepreneurship, for their paper, “Feel the burn: The influence of passion on entrepreneurs’ subjective well-being and exhaustion.”

Journal Publications

Alejandro Amezcua, assistant professor of entrepreneurship, has a paper, “Women’s business ownership and women’s entrepreneurship through the lens of U.S. federal policies” (with Pandey, S.), forthcoming in Small Business Economics.

Joel Carnevale, assistant professor of management, has a paper, “LMX-Differentiation strengthens the prosocial consequences of Leader Humility: An identification and social Exchange Perspective” (with Huang, L. and Paterson, T.), in the Journal of Business Research, Vol. 96, 2019, pp. 287-296.

Milena Petrova, associate professor of finance, has her paper, “On the determinants of REIT capital structure: Evidence from around the world” (with Ghosh, C. and Dogan, Y.), accepted for publication by the Journal of Real Estate Finance and Economics.  

Dan Rice, professor of law & public policy practice, has a paper, “The driverless car and the legal system. Hopes and fears as the courts, regulatory agencies, Waymo, Tesla and Uber Deal with this exciting and terrifying new technology,” forthcoming in the Journal of Strategic Innovation and Sustainability.

Johan Wiklund, the Al Berg Chair and Professor of Entrepreneurship, has a paper, “Entrepreneurial impulsivity is not rational judgment,” forthcoming in the Journal of Business Venturing Insights, and another paper, “Dispositional positive and negative affect and self-employment transitions: The mediating role of job satisfaction and health” (with Nikolaev, B. and Shir, N.), accepted by Entrepreneurship Theory and Practice.

Wei Yu, ’18 (National U. of Singapore), Maria Minniti, the Bantle Chair in Entrepreneurship and Public Policy, and Rob Nason Ph.D. ’14 (Concordia U.), have their paper, “Underperformance duration and innovative search: Evidence from the high-tech manufacturing industry,” accepted for publication in the Strategic Management Journal.


Ravi Dharwadkar, department chair and professor of management, chaired a session on Corporate Governance Mechanisms and participated in a showcase panel on Strategic Leadership and Corporate Governance in the Age of Paradox, both at the Strategic Management Society Special Conference at the Indian School of Business, Hyderabad, India (Dec. 2018). He also presented a paper, “Implications of financial reporting choices for governance, strategic assets, and stakeholders” (with David, P. and Duru, A.).

Milena Petrova, associate professor of finance, is on the local organizing committee of the 2019 AREUEA Conference (International American Real Estate and Urban Economists Association conference), to be held in Bocconi University, Milan, Italy, June 24-26. Milena also has a paper, “Predictability if real estate excess returns: An out-of-sample analysis” (with Guidolin, M.) accepted for presentation at the 2019 Symposium on Critical Issues in Real Estate. The paper is slated to be published in a special issue of the Journal of Real Estate Finance and Economics.


The Future of Conducting and Publishing Research in Entrepreneurship, Innovation Management and Strategy Paper Development Workshop for Early-Career Scholars (May 23-24, 2019)

Organized by Johan Wiklund, the Al Berg Chair and Professor of Entrepreneurship, the workshop will bring together current and future thought leaders, including chief editors and associate editors from 14 top journals in strategy innovation management and entrepreneurship: Academy of Management Journal, Academy of Management Perspectives, Academy of Management Review, Entrepreneurship Theory and PracticeFamily Business ReviewInnovation – Organization & Management, Journal of Business Venturing, Journal of Management StudiesJournal of Product Innovation Management, Journal of Technology Transfer; Management Science; Organization Science; Research Policy; Strategic Entrepreneurship Journal; and Strategic Management Journal. The Bologna Business School at the University of Bologna, Italy, will host the workshop and the Nord University Business School, the Society for the Advancement of Management Studies, the Free University of Bozen-Bolzano and the University of Bologna will sponsor it.

Ph.D. Corner 

James Bort, doctoral student in entrepreneurship, has his first journal publication forthcoming at Industrial and Corporate Change, “The patent paradox in crowdfunding: An empirical analysis of Kickstarter data” (with Meoli, A. and Munari, F.), as well as a paper, “Walking the talk: Examining intrinsic motivation in prosocial microlending” (with Moss, T.), accepted for presentation at the Sustainability, Entrepreneurship & Ethics Conference, March 2019, Miami, Florida. He also has been accepted to the 2019 USASBE Doctoral Consortium (Jan. 2019) and the 2019 Sustainability, Ethics & Entrepreneurship Doctoral Consortium (March 2019).

Max Liang, doctoral student in finance, has a book chapter, “Mortgage-backed Securities” (with Petrova, M.) in Debt Markets and Investments, edited by H.K. Baker, G. Filbeck, and A.C. Spieler, Oxford University Press, as well as a paper, “The effect of fair value method adoption: Evidence from real estate firms in the EU” (with Pertova, M. and C. Ghosh, C.), presented at the 2018 Fannie Mae Real Estate Valuation Symposium, Washington, D.C.

Multiple EEE doctoral students have papers accepted for presentation in the 2019 Babson College Entrepreneurship Research Conference:

Hooman Abootorabi
“A longitudinal study of the impact of incubation on survival, growth, and types of exit” (with McKelvie, A. and Johnson, A.).

 James Bort
“Exploring the antecedents of hybrid claims by microentrepreneurs:  A microfoundations approach” (with Moss, T. and Renko, M.). 

“Aspirations over ambitions? The impact of aspirational orientation on performance in prosocial crowdfunding” (with T. Moss and J. Wiklund).

James Bort and Chris Cummings
“Work design and job satisfaction in the modern entrepreneurial workplace” (with Wiklund, J. and Ward, M.K.). 

Fabian Diaz
“Entrepreneurial firms, entry, and competition: Evidence from the moving industry” (with Minniti, M. and Amezcua, A.).

Emily Cokeley, accounting, successfully defended her doctoral dissertation, “Predicting accounting misstatements within industries,” Dec. 7, 2018.

Research Speakers and Visitors 

Tim Folta, University of Connecticut, Storrs, presented a management seminar, “Market exit and the potential for resource redeployment: Evidence from the global retail sector,” Nov. 27, 2018.

Nicola Fusari, Johns Hopkins University, presented a finance seminar, “The pricing of tail risk and the equity premium: Evidence from international option markets,” Dec. 7, 2018.

Nikunj Kapadia, University of Massachusetts, presented a finance seminar, “Measuring Equity Illiquidity Using Options,” Nov. 2, 2018.

Burak Kazaz, the Becker Professor of Supply Chain Management and the Meredith Professor of Teaching Excellence, presented a supply chain management seminar, “My next dissertation: Wine futures pricing,” Nov. 13, 2018.

David Maslar, University of Tennessee, presented a finance seminar, “Secondary market trading and the cost of new debt issuance,” Nov. 30, 2018.

Raj Sethuraman, Southern Methodist University, presented a marketing seminar, Nov. 2, 2018.