Best of 2018
Kellogg School faculty produced a wealth of exciting research and insights in 2018. Here's a look at some of the year's top stories.
![successful entrepreneurs are most often middle aged](/imager/clientcontent/110463/age-of-entrepreneurship_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/110463/age-of-entrepreneurship_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/110463/age-of-entrepreneurship_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Entrepreneurship
How Old Are Successful Tech Entrepreneurs?
A definitive new study dispels the myth of the Silicon Valley wunderkind.
Pierre Azoulay, Benjamin F. Jones, J. Daniel Kim and Javier Miranda
May 15, 2018
![An artist has a hot streak in her career.](/imager/clientcontent/127672/hot-streaks_wang_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/127672/hot-streaks_wang_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/127672/hot-streaks_wang_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Innovation
When You’re Hot, You’re Hot: Career Successes Come in Clusters
Bursts of brilliance happen for almost everyone. Explore the “hot streaks” of thousands of directors, artists and scientists in our graphic.
Lu Liu, Yang Wang, C. Lee Giles, Chaoming Song, Roberta Sinatra and Dashun Wang
July 11, 2018
![A financier moves a block into a blockchain.](/imager/clientcontent/72542/Blockchain_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/72542/Blockchain_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/72542/Blockchain_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Finance & Accounting
How Blockchain Could Radically Alter Global Finance
The technology underlying cryptocurrencies like Bitcoin is already starting to make its mark.
Robert McDonald, Caitlin Long and Peter Cherecwich
January 3, 2018
![How will automation affect jobs and cities?](/imager/clientcontent/100053/Cities-and-automation.jpg_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/100053/Cities-and-automation.jpg_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/100053/Cities-and-automation.jpg_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Careers
How Will Automation Affect Different U.S. Cities?
Jobs in small cities will likely be hit hardest. Check how your community and profession will fare.
Morgan R. Frank, Manuel Cebrian, Hyejin Youn, Lijun Sun and Iyad Rahwan
April 10, 2018
![Man shopping for shirt.](/imager/clientcontent/128439/shirt_452570af03b4b204f0b209eb4f365558.jpg 300w, /imager/clientcontent/128439/shirt_281ce6cef0a42feeda6597e51cd5736b.jpg 150w, /imager/clientcontent/128439/shirt_f41d5cfa77a988dcc92ce7a63fd7f9b1.jpg 25w)
Marketing
How Well Do You Understand Digital Advertising?
Test your knowledge and see how it compares to the experts’.
Brett Gordon and Garrett Johnson
July 11, 2018
![An outdated man works at his computer.](/imager/clientcontent/132359/complacency_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/132359/complacency_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/132359/complacency_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Careers
Don’t Let Complacency Derail Your Career
How to hone your learning agility and take good risks.
Carter Cast
November 7, 2018
![Workers stack companies with a forklift.](/imager/clientcontent/73166/Vertical-Integration_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/73166/Vertical-Integration_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/73166/Vertical-Integration_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Strategy
What’s Behind the Current Wave of Vertical Integration?
From Amazon–Whole Foods to CVS–Aetna, companies are reconfiguring for an uncertain future. Four strategy professors discuss.
Craig Garthwaite, Meghan Busse, Amanda Starc and Mark McCareins
January 5, 2018
![How transparent should decision making be?](/imager/clientcontent/73000/transparency_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/73000/transparency_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/73000/transparency_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Organizations
The Downside of Transparent Decision Making
Why you’ll get a better recommendation from a committee that deliberates behind closed doors.
Ronen Gradwohl and Timothy Feddersen
January 4, 2018
![](/imager/clientcontent/92254/corporate-taxes_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/92254/corporate-taxes_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/92254/corporate-taxes_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Policy
Does Lowering the Corporate Tax Rate Spur Economic Growth?
Results of a new study have implications for the recent U.S. tax overhaul.
Nir Jaimovich and Sergio Rebelo
March 5, 2018
![Ego depletion can lead to unethical behavior at work.](/imager/clientcontent/106434/ego-depletion_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/106434/ego-depletion_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/106434/ego-depletion_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Why Bosses Cut Some Employees Slack for Unethical Behavior
The same transgression can lead to different consequences. Here’s one reason why.
Yajun Zhang, Kai Chi Yam, Maryam Kouchaki and Junwei Zhang
May 1, 2018
![Two data analysts sort marbles.](/imager/clientcontent/73238/Data-Marbles-2_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/73238/Data-Marbles-2_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/73238/Data-Marbles-2_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Data Analytics
How a Good Analytics Strategy Can Become the Victim of Its Own Success
The best firms “purposely mess stuff up” to get the data they need to grow.
Eric T. Anderson and Florian Zettelmeyer
January 5, 2018
![Speed factories bring products to market quickly.](/imager/clientcontent/125178/speedfactory_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/125178/speedfactory_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/125178/speedfactory_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Operations
How “Speed Factories” Help Companies Adapt to Capricious Consumers
For certain trendy products, these local but expensive plants can be a smart investment.
Robert Boute, Stephen M. Disney and Jan A. Van Mieghem
July 3, 2018
![A woman negotiations at her job.](/imager/clientcontent/91359/MedvecNegotiation_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/91359/MedvecNegotiation_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/91359/MedvecNegotiation_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Careers
Five Ways Women Can Negotiate More Effectively
How to advocate for yourself at critical points in your career.
Victoria Medvec
March 1, 2018
![](/imager/clientcontent/131927/CEO-pay-cut_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/131927/CEO-pay-cut_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/131927/CEO-pay-cut_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Leadership
Can Cutting CEO Pay Help a Faltering Company Rebound?
Using pay cuts to motivate or discipline CEOs may have unintended consequences.
Gerald Lobo, Hariom Manchiraju and Swaminathan Sridharan
August 2, 2018
![people engage in conflict with swords](/imager/clientcontent/7890/Full_1120_political_sectarianism_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/7890/Full_1120_political_sectarianism_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/7890/Full_1120_political_sectarianism_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Careers
Podcast: Our Most Popular Advice on Improving Relationships with Colleagues
Coworkers can make us crazy. Here’s how to handle tough situations.
Eli J. Finkel, Ellen Taaffe and Jeanne M. Brett
June 11, 2018
![Rockstars await a job interview.](/imager/clientcontent/92925/Rockstars_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/92925/Rockstars_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/92925/Rockstars_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Careers
Podcast: Attract Rockstar Employees—or Develop Your Own
Finding and nurturing high performers isn’t easy, but it pays off.
Bernard Banks and Jeff Hyman
March 7, 2018
![Music can change our mood.](/imager/clientcontent/83354/music_final_24b460fa1ebea811277db04848c0c9ae.jpg 300w, /imager/clientcontent/83354/music_final_827c6770ff3212869f8cd62919d4ad9e.jpg 150w, /imager/clientcontent/83354/music_final_d790d93e6f5615a6551c6dd7531f3901.jpg 25w)
Marketing
Podcast: How Music Can Change Our Mood
A Broadway songwriter and a marketing professor discuss the connection between our favorite tunes and how they make us feel.
Derek D. Rucker, Loran Nordgren and Kris Kukul
February 10, 2018