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Working Paper
"Let Us Put Our Moneys Together": Minority-Owned Banks and Resilience to Crises
Minority-owned banks have a mission to promote economic well-being in their communities. In particular, specialization in lending based on a central mechanism of shared-minority identity can yield an advantage in serving community needs through times of financial and economic crises. To test this proposition, we analyze individual banks in their local market context from 2006 to 2020. Results suggest minority-owned banks improve economic resilience in their communities during the global financial crisis (GFC) and the COVID-19 crisis through increased small business and household lending, but ...
Conference Paper
Academic entrepreneurs: social learning and participation in university technology transfer
Maryann Feldman?s research asked what determines whether individual faculty members at universities actively engage in the commercialization of their research. She shows that peer effects and prior training matter. A faculty member is more likely to engage in commercialization if his or her colleagues do so and if they were trained at institutions with strong commercialization programs.