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AIEA Seminar Series

What will remote work do to startup regional advantage? Evidence from job applications
  • David Hsu (Wharton School, U Penn.)
  • June 19 9AM Taipei/Beijing/HK/Singapore / June 18, 9 PM US EST, 2021
  • Prasanna Tambe (Wharton School, UPenn.)
  • Discussant: Prithwiraj Choudhury (Harvard Business School)
ABSTRACT Does offering remote work allow startup firms to attract more skilled and diverse (gender and race) talent? We examine job listings and job applicant behavior on a leading platform in this space, AngelList Talent, amid the COVID-19 pandemic-induced shutdowns. We first characterize the jobs and organizations offering remote work before the shutdowns. We then leverage the context to help address the empirical confound of job design (including offering remote jobs) as co-determined with unobserved job and firm characteristics. By doing so, we estimate the change in applicant characteristics to job postings which are (exogenously) shifted to being remote. This design is a window into evaluating a managerial choice (offering remote work) which will likely become more salient in post-pandemic job design. We find that offering remote-eligible work attracts more skilled and diverse job applicants.
 
 
David Hsu

Wharton School, U Penn.

David Hsu is the Richard A. Sapp Professor of Management at the Wharton School, University of Pennsylvania. He graduated from Stanford University with undergraduate majors in economics and political science. After a few years working in industry, he received his master’s degree in public policy from Harvard University, followed by his Ph.D. in management from the Massachusetts Institute of Technology.


Hsu’s research interests are in entrepreneurial innovation and management. Within that domain, he has investigated topics such as intellectual property management, start-up innovation, technology commercialization strategy, and venture capital. His research has appeared in leading journals such as Management Science, Journal of Finance, Strategic Management Journal, and Research Policy.

 

He is past department and associate editor of Management Science. In 2008, Hsu was awarded an Alfred P. Sloan Foundation Industry Studies Fellowship. At Wharton, he teaches two MBA electives, Entrepreneurship and Technology Strategy. At Penn, Hsu is Associate Faculty Director of the Weiss Tech House, which encourages and supports students in the creation, development, and commercialization of innovative technologies.

Prithwiraj Choudhury

Harvard Business School

Prithwiraj (Raj) Choudhury is the Lumry Family Associate Professor at the Harvard Business School. He was an Assistant Professor at Wharton prior to joining Harvard. His research is focused on studying the Future of Work, especially the changing Geography of Work. In particular, he studies the productivity effects of geographic mobility of workers, causes of geographic immobility and productivity effects of remote work practices such as ‘Work from anywhere’ and ‘All-remote’.

 

His research has been published or is forthcoming in Organization Science, Strategic Management Journal, Research Policy, Review of Financial Studies, Journal of Law Economics and Organization, Harvard Business Review, and has been cited in BBC, Bloomberg Businessweek, CNBC, New York Times, The Wall Street Journal, Forbes, Yahoo! Finance, WIRED, Inc. and India Today Television among other outlets. He earned his Doctorate from Harvard, and has Degrees from the Indian Institute of Technology and Indian Institute of Management. Prior to academia, he worked at McKinsey & Company, Microsoft and IBM.