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• Case | HBS Case Collection | March 2020 (Revised October 2020)

  Board Director Dilemmas—Digging into Detail

  David G. Fubini, Suraj Srinivasan and Amram Migdal

  This case explores a new board director who asks a detailed question about a footnote in the lengthy board packet distributed to directors by management. The case allows for discussion about the amount of information and level of detail provided by management, the level of preparation directors engage in prior to board meetings, and the appropriate strategic focus of the board. This case is part of a series of vignettes that capture different dilemmas faced by directors as they join boards of companies and understand the dynamics of the new boards that they join.

  Keywords: board of directors; Corporate Governance; Governing and Advisory Boards;

  Citation:

  Fubini, David G., Suraj Srinivasan, and Amram Migdal. "Board Director Dilemmas—Digging into Detail." Harvard Business School Case 120-100, March 2020. (Revised October 2020.)  View Details

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• Article | Research Policy | October 2020

  The Supply Chain Economy: A New Industry Categorization for Understanding Innovation in Services

  Mercedes Delgado and Karen G. Mills

  An active debate has centered on the importance of manufacturing for driving innovation in the U.S. economy. This paper offers an alternative framework that focuses on the role of suppliers of goods and services (the “supply chain economy”) in national performance. We identify three conceptual attributes of suppliers that make them important for innovation: they produce specialized inputs; have more downstream linkages with other industries; and benefit especially from co-locating with their customers, creating externalities. Using the 2002 Benchmark Input-Output Accounts, we estimate a new industry categorization that separates supply chain (SC) industries (i.e., those that sell primarily to businesses or government) from business-to-consumer (B2C) industries (i.e., those that sell primarily to consumers). We find that the supply chain economy is a distinct and large segment of the economy that includes primarily service providers. The SC industries, especially traded services, have higher average wages than B2C industries. The supply chain economy also has higher innovative activity as captured by the concentration of the vast majority of STEM jobs (primarily in traded services) and patents (in manufacturing). Finally, we find that employment in the economy has evolved from manufacturing into two distinct types of services (1998–2015): SC Traded Services (with the highest STEM intensity and wages) versus B2C Main Street (with the lowest STEM intensity and wages).

  Keywords: supply chain industries; business-to-consumer industries; services; innovation; Economy; Framework; Supply Chain; Service Operations; Innovation and Invention; Economic Growth; United States;

  Citation:

  Delgado, Mercedes, and Karen G. Mills. "The Supply Chain Economy: A New Industry Categorization for Understanding Innovation in Services." Research Policy 49, no. 8 (October 2020).  View Details

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• Case | HBS Case Collection | September 2020

  The Black New Venture Competition

  Karen Mills, Jeffrey J. Bussgang, Martin Sinozich and Gabriella Elanbeck

  Keywords: Startup; start-up; Startup financing; Startups; start-ups; African-American Protagonist; african-american entrepreneurs; african-american investors; African-Americans; African-American women; black leadership; Black inventors; Black entrepreneurs; Harvard Business School; Harvard; business and society; Business Plan; competition; early stage funding; Early Stage Finance; venture capital; technology entrepreneurship; diversity; discrimination; Technology ventures; entrepreneurial finance; entrepreneurial financing; Business Plan; Business Startups; Business Ventures; Business Growth and Maturation; Diversity; Gender; Race; Entrepreneurship; Venture Capital; Small Business; Leadership; Technology; Technology Industry;

  Citation:

  Mills, Karen, Jeffrey J. Bussgang, Martin Sinozich, and Gabriella Elanbeck. "The Black New Venture Competition." Harvard Business School Case 821-029, September 2020.  View Details

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