BEGIN:VCALENDAR VERSION:2.0 PRODID:-//jEvents 2.0 for Joomla//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:6a47b87daf240ca0d9a76544b2c453c6 CATEGORIES:Webinars CREATED:20211120T121115 SUMMARY:"The Effect of Choosing Teams and Ideas on Entrepreneurial Performance: Evidence from a Field Experiment" - A Webinar by Prof. Rajshri Jayaraman, ESMT Berlin DESCRIPTION:BioRajshri Jayaraman\n Associate Professor of Economics and Faculty Lead of the Full-time MBA Program, ESMT Berlin\nProf. Jayaraman has a PhD from Cor nell University and worked at the Center for Economic Studies at the Univer sity of Munich prior to joining ESMT in 2007. She is a development economis t whose research has focused broadly on the role of incentives and social p references on the decisions and performance of students, workers, and consu mers. Her recent empirical work has examined the effect of incentive pay on worker productivity; school feeding programs on student outcomes; and defa ults on charitable donations. In collaboration with theorists, she has also worked on the identification of peer effects in social interactions models . At present, she is working on a series of projects concerning immigration , with a focus on Germany’s recent refugee influx. Her research has been pu blished in leading economics journals including the American Economic Revie w, and the Journal of Political Economy.\nProf. Jayaraman is currently serv ing as the faculty lead for the ESMT MBA program. She teaches Econometrics in the Masters of Management program and Data Analytics in the MBA and EMBA programs. She has been on ESMT’s Honor Roll for Teaching Excellence for ma ny years. She has also taught development economics at the undergraduate an d graduate level. She is a regular participant in conferences and panel dis cussions on evidence based policy design.\nAbstractIn a natural field exper iment with 900+ subjects in 300+ teams, we study the effects of choosing te am members versus ideas on entrepreneurial team performance. We use a two-b y-two design in which subjects are randomly assigned to one of four treatme nts in which they (i) choose their own team but not the idea they pursue; ( ii) choose their own idea but not their team; (iii) choose both their team and the idea to pursue; or (iv) choose neither their team nor the idea. We find that teams who choose their own idea but not their members perform con sistently better than those in the remaining treatments. We then explore a number of different channels that can account for this finding.\nFor more i nformation about Prof. Jayaraman, please visit this (https://www.esmt.org/r ajshri-jayaraman) website.\n X-ALT-DESC;FMTTYPE=text/html:

Bio

Rajshri Jayaraman
As sociate Professor of Economics and Faculty Lead of the Full-time MBA Progra m, ESMT Berlin

Prof. Jayaraman has a PhD from Cornell University and worked at the Center for Economic Studies at the University of Munich prior to joining ESMT in 2007. She is a development economist whose research has focused broadly on the role of incentives and social preferences on the de cisions and performance of students, workers, and consumers. Her recent emp irical work has examined the effect of incentive pay on worker productivity ; school feeding programs on student outcomes; and defaults on charitable d onations. In collaboration with theorists, she has also worked on the ident ification of peer effects in social interactions models. At present, she is working on a series of projects concerning immigration, with a focus on Ge rmany’s recent refugee influx. Her research has been published in leading e conomics journals including the American Economic Review, and the Journal o f Political Economy.

Prof. Jayaraman is currently serving as the facu lty lead for the ESMT MBA program. She teaches Econometrics in the Masters of Management program and Data Analytics in the MBA and EMBA programs. She has been on ESMT’s Honor Roll for Teaching Excellence for many years. She h as also taught development economics at the undergraduate and graduate leve l. She is a regular participant in conferences and panel discussions on evi dence based policy design.

Abstract

In a nat ural field experiment with 900+ subjects in 300+ teams, we study the effect s of choosing team members versus ideas on entrepreneurial team performance . We use a two-by-two design in which subjects are randomly assigned to one of four treatments in which they (i) choose their own team but not the ide a they pursue; (ii) choose their own idea but not their team; (iii) choose both their team and the idea to pursue; or (iv) choose neither their team n or the idea. We find that teams who choose their own idea but not their mem bers perform consistently better than those in the remaining treatments. We then explore a number of different channels that can account for this find ing.

For more information about Prof. Jayaraman, please visit this website.

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