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Aldona Kapacinskaite @aldona.bsky.social · Jul 18

Guess by how much the @aom-tim.bsky.social submissions for the conference in Copenhagen differed from the prior year? Want to guess the % increase? Come to the AOM TIM Business meeting at the Academy to find out 🤓 As well as hearing about all the awards and the amazing research done by TIM scholars.

AOM TIM Division @aom-tim.bsky.social · Jul 18

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Reposted by Aldona Kapacinskaite

Ahmadreza Mostajabi @mostajabi.bsky.social · Jul 13

🚨 Thrilled to share our #AOM2025 symposium w/ @aldona.bsky.social & Yongzhi (Alex) Wang on #competition & #regulation in #platforms.
📅 July 29th | 🕝 1:45PM–3:15PM | 📍 Bella Center
More here 👉 www.linkedin.com/posts/mostaj...

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Reposted by Aldona Kapacinskaite

AOM TIM Division @aom-tim.bsky.social · Jul 11

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

Paper is co-authored with the fantastic @colleencunningham.bsky.social !

Aldona Kapacinskaite @aldona.bsky.social · Jul 10

We do find evidence of changing well designs.

Trade secrets are ubiquitous, but are hard to study. This is, to our knowledge, is the first large-sample project-level evidence on the drivers of their use and novelty. More work is needed to understand this form of IP.
🔐

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

We find no evidence of substitution with patenting (little patenting in hydraulic fracturing as a baseline) or concealing of toxic behavior (nearly all wells have multiple disclosed toxic ingredients, patterns do not change post-DTSA, and there's no increase in lawsuits).

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

and what kind of economic activity it may enable.

We also find that, on average, wells using trade secret ingredients exhibit higher productivity, though the DTSA itself shows limited additional productivity gains.

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

others can legally reverse-engineer or discover independently and use such information without constraints. This is why examining whether legal protections change trade secret use is important, because it informs our understanding for where protection is particularly valuable

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

Note that for disclosed types of IP like patents or trademarks, considerations of partner trust are attenuated: firms have a monopoly over these types of disclosed IP. Firms do not have monopoly over information covered by trade secrets:

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

🤝 Interestingly, trade secret legal protection appears to act as a substitute to relational trust: for instance, firms are more likely to use trade secrets in weaker inter-firm relationships in high treatment states post-policy enactment.

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

📈 Following the DTSA in 2016, we observe substantial increases in both the use and novelty of trade secrets in states where trade secret protection was previously lower, which we label as high treatment states.

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

Exploiting these conditions and a change in trade secret protection levels across US states following the passage of the Defend Trade Secrets Act (DTSA), we study the incidence and nature of trade secrets in this sector.

🔍 What do we find?

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

1.Since early 2010s, firms in the hydraulic fracturing sector in the US have to report all components at the project level (ingredients used in a well's fracturing mix)
2.In a subset of states, authorities require justifications when ascertaining firms’ claims of trade secrecy.

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

⁉️ How do we study trade secrets?

It’s tough: firms keep information secret for continued legal and competitive protection. To make some progress, we focus on a setting that has high disclosure requirements. 📖 This means firms disclose all details of a project, except for the trade secrets.

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Aldona Kapacinskaite @aldona.bsky.social · Jul 10

🤫Trade secrets are a widely used but understudied form of intellectual property. Our forthcoming Management Science paper investigates trade secret use at the project level & provides evidence that firms respond to trade secret legal protection by increasing use of secrets. lnkd.in/dJVScxJxhttp...

Keeping Invention Confidential | Management Science

doi.org

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Aldona Kapacinskaite @aldona.bsky.social · Jul 9

What trade secrets are (not), when they matter, and what trade secret protection may mean for knowledge flows : youtu.be/YDCY3fCtKOw?...

How Companies Use Trade Secrets to Drive Innovation, Prof. Aldona Kapačinskaitė from INSEAD Explains

YouTube video by Business Talk

youtu.be

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Aldona Kapacinskaite @aldona.bsky.social · Jun 9

History does not repeat itself, but it does rhyme - Mark Twain

en.m.wikipedia.org/wiki/Reichst...

Reichstag fire - Wikipedia

en.m.wikipedia.org

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Aldona Kapacinskaite @aldona.bsky.social · May 6

Thank you for hosting me - and I love the emojis to illustrate the talk, very much on point !
I would add one more : 🧐

☺️

Aldona Kapacinskaite @aldona.bsky.social · May 6

Thank you for your engagement and feedback @isto-lmu.bsky.social ! Many thanks @tkretschmer.bsky.social for the warm welcome and @ambrenicolle.bsky.social for the nice photos 😊
I learnt a lot about all the ongoing research in this building tucked away on the LMU campus💡Much to look out for ! 👏

Institute for Strategy, Technology and Organization | LMU Munich @isto-lmu.bsky.social · May 6

🌍📱Today’s ORG seminar featured Aldona Kapacinskaite (@aldona.bsky.social) from Bocconi University. She presented her joint work with Ahmadreza Mostajabi and Keyvan Vakili, "Myopic Expansions on Platforms". Great insights on the (hidden) cost of hyperscaling! Thank you, Aldona!

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Aldona Kapacinskaite @aldona.bsky.social · May 5

Look forward to my visit !

Economics LMU Munich @econmunich.bsky.social · May 5

🔵Coming up this Tuesday!
Join us on May 6 at the 𝗢𝗥𝗚 𝗦𝗲𝗺𝗶𝗻𝗮𝗿 with @aldona.bsky.social (𝗕𝗼𝗰𝗰𝗼𝗻𝗶 𝗨𝗻𝗶𝘃𝗲𝗿𝘀𝗶𝘁𝘆), who will present "Myopic Expansions on Platforms"

🔗 sites.google.com/view/aldonak...

#EconSky

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Reposted by Aldona Kapacinskaite

The Guardian @theguardian.com · Apr 24

Norway launches scheme to lure top researchers away from US universities

Research council launches 100m kroner fund as Norwegian government calls for the protection of academic freedom

www.theguardian.com

190 950 3.1K

Aldona Kapacinskaite @aldona.bsky.social · Apr 11

“Open innovation falls short; R&D people didn’t trust external innovation at first; the new CEO promotes the idea of an ecosystem while the previous one didn’t; we teach an ecosystems course internally”. He even cited Ron Adner !

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Aldona Kapacinskaite @aldona.bsky.social · Apr 11

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Aldona Kapacinskaite @aldona.bsky.social · Apr 11

Ecosystems day at the Vrije University in Amsterdam. The head of Ecosystems and Partnerships at Philips argues they don’t want to be the orchestrator and rather collaborate with others, with a few strong areas of expertise. Philips mostly focuses on healthcare nowadays. 130 yr history.

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Aldona Kapacinskaite @aldona.bsky.social · Apr 2

Great read by @lamarpierce.bsky.social via @orgscience.bsky.social on “Citing the Present”. Long review timelines may mean citations accumulate later & the cited science is outdated by time of publication. orgsci.substack.com/p/new-papers...

New Papers, and Why You Should Consider Citing Them

Plus a careful examination into the file-drawer problem by Butterburger

orgsci.substack.com

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