How public science transforms drug-development efforts This project studies whether and how public science can promote innovation in the private-sector development of drugs and biologics, with particular attention to the oncology market. The work has policy implications for today’s health environment. For example, while the Covid-19 pandemic has affected every facet of our daily lives,…
Towards understanding how the consumption patterns of the wealthy sectors of society impact the poorer to better inform macroeconomic policy choices. “Understanding how different consumption patterns by the wealthy and the poor affect the economic cycle and its amplification can help policy makers target scarce resources to improve the livelihoods of the most vulnerable members…
Applications are now closed As part of the 2021 Trans-Atlantic Doctoral Conference (TADC) for PhD students from leading business schools in North America and Europe, we are inviting proposals with a deadline of Monday, 30 August 2021. About the Wheeler Institute The Wheeler Institute for Business and Development at London Business School aims to promote research that applies business…
The Wheeler Institute recognises Shikhar Singla’s research. Over the last few decades, economists have shown that different components of culture and economic institutions matter for economic and financial development. Attitudes and beliefs about groups can have important consequences for their economic performance. Strong economic institutions are a significant cause of long run while creditor rights,…
The Wheeler Institute recognises Diego Kaenzig’s research. Climate change is the defining problem of our time, posing significant threats not only to our lives, livelihoods and the environment, but also to the global economy. Fighting climate change, however, has proved very difficult because of its global nature and the pervasive externalities involved. Ultimately, climate change…
Advancing our understanding of the lobbying process The question of who influences legislation has received great attention in the media and among academics. It is widely recognised that access to policymakers is a key resource in the lobbying process, and probably the one most sought after by interest groups; yet little is known about how…
Assessing reality of ‘trickle-down’ benefits of greater connectivity for rural households The challenge Increasing infrastructure investment is a key growth strategy in many developing countries; policy debates emphasise the ‘trickle-down’ benefits of such investment. However, there is a gap in our understanding of what type of infrastructure affects individuals’ ability to actualise such opportunities. It…
Informal property rights and innovation in marketing practices among emerging-market micro-entrepreneurs Micro-entrepreneurs constitute the most common type of business in the world and marketing is the primary means by which they earn their livelihoods. In emerging markets there are a significant number of micro-entrepreneurs and many live precarious lives, characterised by poverty and potentially devastating…
Identifying determinants of cultural distance to overcome barriers The challenge Cultural distance between groups has important economic consequences. Ethno-linguistic fragmentation, for example, has been shown to reduce the provision of public goods, reduce social capital formation and increase the likelihood of conflict. This could ultimately reduce the gains to ethnic minorities of ‘moving to opportunity’…
Evidence from multinational firm presence in developing countries The challenge Multinational firms account for a significant part of resource allocation in the global economy. This is a particularly important issue in developing countries. Multinational firm investment in developing countries can often be associated with growth, however, these firms are often accused of exploiting local markets…