University of PennsylvaniaWebsite
Professor Levinthal has published extensively on questions of organizational adaptation and industry evolution, particularly in the context of technological change. He is a fellow of both the Strategic Management Society and the Academy of Management. He currently serves as editor-in-chief of Strategy Science and has previously served as editor-in-chief of Organization Science.
|In the next five years, the blockchain will have a transformative effect on finance in emerging markets.||Agree||3||“in some cases, emerging economies without an existing ‘installed base’ of structures/products/service are early adopters of new platforms. This could be an instance of this phenomenon.”|
|In the absence of a carbon tax, industry self-regulation can help mitigate the worst fallout from climate change.||Disagree||8||“The volunteer approach would require a cooperative equilibrium across many players from a variety of industries — it is hard to see how such an equilibrium could emerge and be sustainable.”|
|Restrictions on skilled immigration will cause US firms to to shift more operations overseas.||Agree||7||“I would think this effect would be focused on R&D/development activities as this effect won’t seem to impact the already strong forces pushing/keeping manufacturing overseas.”|
|Uber has to develop self-driving cars in the next 10 years in order to remain viable.||Strongly Agree||8||“Uber can be thought of as being in the technology enabled point-to-point transit business. Driverless cars will provide that same service at considerably less cost than the current driver-based [business].”|
|A trade war will be more disruptive to business than to consumers.||Strongly Agree||7||“Consumers face possible high costs but have the availability of substitutes. Firms risk losing market access and/or viability — a loose analogy to a displacement of a Cournot equilibrium to a Bertrand equilibrium.”|
|Concern over consumer privacy will fundamentally limit businesses’ ability to use big data.||Did Not Answer|