Business & Entrepreneurship

Every day we make thousands of decisions, from the small – what to eat? what to wear? – to the potentially life-changing choices involving our health or financial future. Olin Business School consumer behavior psychologist Hannah Perfecto does her research at the juncture of judgment and decision-making and has learned none of it has to be so hard.

It is hard to imagine a scenario where the current standoff between baseball owners and players would lead to lost games in 2022, according to Patrick Rishe, a leading sports business expert at Olin Business School.

Three business scientists, including two at Olin Business School, pored over 20 seasons of Major League Baseball hit-batsman statistics to reach some intriguing data and conclusions with implications off the field and in the office.

Hybrid work may be the future for many organizations post-pandemic, but there will be significant challenges to overcome — perhaps even more so than traditional in-person offices and fully remote work environments, say Olin Business School researchers.

Pharmaceutical and biotechnology companies topped the 2021 RQ Top 50 list of the most innovative U.S. companies. The annual ranking identifies the smartest R&D spenders – those companies that both spend big (at least $100 million in R&D) and provide the greatest returns to shareholders from that investment.

When faced with a cutting-edge technological idea, business leaders who approach the idea in more concrete “how” terms — rather than in abstract “why” terms — are less likely to be deterred by its novelty and more likely to recognize its utility, which increases their propensity to invest in the idea, according to new research from the Olin Business School.

After a friend started a church in Australia, Professor Thakor wondered: what impact can a higher purpose have on your business?

Displaying family photos in the workplace cuts down on employee fraud and other unethical behavior, new Washington University in St. Louis research finds.

Having a personal higher purpose promotes well-being, more happiness and even lower stress from the COVID-19 pandemic, according to findings from a new survey by two Washington University in St. Louis researchers from Olin Business School. Also, employees of organizations with higher-purpose statements are happier and prouder of their organizations than are employees at workplaces without a statement, the results show.

Two researchers from Washington University in St. Louis and another from Pontificia Universidad Católica in Chile found that daydreaming carries significant creative benefits, especially for those who identify with their profession and care for the work they do.