Future of Finance: How Are New Technologies Reshaping the Sector?
The advent of digital technologies has created a very new and vastly different financial landscape. Today's buying and selling of securities is conducted mostly by computer programs that react within nanoseconds – faster than any human could – to the subtlest market fluctuations. In a new report published by the Centre for Economic Policy Research (CEPR), Professor of Finance Thierry Foucault comes to grips with how technologies are fundamentally changing the way banks, brokers, exchanges, and dealers do their work, and what it means for investors, for privacy and income inequalities.
When Design Thinking Clashes With the Existing Business Culture
Increasingly firms are seeking new methods to stimulate creativity in a fast-moving business climate. Many turn to design thinking — but with mixed results. New research by HEC Paris Professor Sihem BenMahmoud-Jouini and RISE Senior Researcher Lisa Carlgren sought to find out why this practice is successful for some companies and less so for others. A culture clash may be at the heart of many difficulties.
Manufacturing Innovation Drives Pharma Sales
New evidence shows that drugmakers can protect profitability by making process improvements to cut costs and strengthen the resilience of critical supply chains in the face of political pressure to ‘reshore’ operations and shortages of key ingredients amid coronavirus.
How Tech Firms Influence the US Supreme Court to Shape Innovation Policies
Building on the long tradition of innovation research that examines changes in firms’ rate and direction of innovation, the research by HEC Paris Professor Elie Sung aims to help further our understanding of firms’ innovation strategy by examining their actions in nonmarket arenas along with their market strategies. Elie Sung has examined how firms and the courts jointly shape patent policy and how in turn those policies shape firms’ innovative activities. This research participates to a long-lasting debate on the relationship between patents and innovation, and strongly contributes to the economics of innovation and to the nonmarket strategy academic literature.
4 Lessons From Bringing Design Thinking Into a Business
Design thinking has been hailed as the latest strategy to gain a powerful competitive edge in both innovation and processes. But to be successful, it must involve a major cultural and organizational shift. Two researchers and Thales Chief Design Officer share the lessons from their analysis of bringing design thinking to technology giant Thales.
How Experimentations Help Innovation Ecosystems Emerge: the Case of the Hydrogen Energy
Major advances in complex technologies require the cooperation of a broad range of parties – a whole business ecosystem. Professors Sihem Ben Mahmoud-Jouini (HEC Paris) and Florence Charue-Duboc (Ecole Polytechnique Paris) studied the case of the nascent hydrogen energy ecosystem to investigate how experimentation contribute to the emergence and consolidation of the ecosystem itself, and the characteristics of such experimentation.
Workers Could Feel Safer with Robots Thanks to Virtual Reality
Robots are making their way into diverse fields of work but human workers often still feel unsafe working alongside them, regardless of the true levels of risk. Sangseok You (Assistant Professor at HEC Paris) and colleagues have used virtual reality to explore how humans can be made to feel safer while working with robots.
How Digital Tools Can Improve Teaching and Learning in a Business School
Caroline Meriaux is Digital Learning Project Manager and teaches a pedagogy course with Associate Professor Kristine de Valck. Together with the Digital Learning team, she helps the professors and staff with the use of different technologies available at HEC and to make the right choices. Interview on how HEC Paris innovates its education with technology.
Reinventing Business Education
Editorial by Marc Vanhuele, Professor of Marketing and Associate Dean. We live in a world of constant transformation. The role of research and education at a business school like HEC is to constantly innovate in order to give our students the knowledge, skills and mindset to live and work in a world with opportunities and challenges that may already have shifted by the time they graduate.
Big Data and Investment Returns: Insights by HEC Professor Hugues Langlois
Hugues Langlois, Assistant Professor of Finance at HEC Paris, shares the practical applications of his research about big data methodologies in finance, and how it provides a new tool to measure expected returns in international stock markets. A big step in the world of finance for asset managers and risk managers.