Carlos Serrano
@SerranoMejiasEntrepreneurship, economics of AI, strategy, and finance. Prof at @HECParis. Minnesota economics gopher. Born in Vilanova i la Geltrú 🇪🇸🇪🇺🇨🇦
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Super excited to publicly launch "All Day TA", a product @joshgans and I have been working on with our team over the last year. Short version: if you teach in spring, you will want to use this! It's the future of higher education. A short thread: 1/x
Réaliser ensemble l’impossible. C’est la France.
Some of the most important lottery anomalies from the behavioral risk literature (e.g., loss aversion) actually have nothing to do with risk. They also arise in perfectly deterministic settings.
Europe had an effective tool for climate action: the Emissions Trading System (ETS). Instead of expanding this market-based solution, we've built a byzantine regulatory framework that goes far beyond emissions reduction. THREAD on my post today on the "Compliance Doom Loop" 1/10
It's worth emphasizing why this paper is important, economically: Automating *science* is fundamentally different from automating production of cars/toys/stuff (for the same reason that science/ideas are fundamentally different from goods -- ideas are infinitely usable)
This is the best paper written so far about the impact of AI on scientific discovery
La @Airef saca hoy un asombroso gráfico. ¿Explicación del salto del paro? Cuando un trabajador cumple 52 años tiene derecho a: - Un subisidio de duración indefinida hasta jubilarse - El SEPE cotiza a la SS por el 125% de la base mínima (o sea por 1.575 euros mensuales). Así no…
The most sophisticated founders know this and set up 8 year vesting at the start.
4 year vesting for founders is dangerous for companies, yet everyone does it and I haven’t seen many attempts to change this. When a cofounder leaves with a large amount of equity on the cap table but the business is mostly yet to be built, the dead weight makes it really hard…
Looking forward to this conference in Istanbul, later this week If this happens to reach anyone attending: come check out our Sunday 1115am panel on Artificial Intelligence - with Conti Csaszar Gambardella Serrano @SerranoMejias @aconti6 #smsistanbul @agambardella61
The webpage for SMS's 44th Annual Conference in Istanbul is live! Explore the intersection of strategic management paradigms in a city of historical wonder. #SMSIstanbul #StrategicManagement Learn More: shorturl.at/irwJ0
Worth repeating: Do not confuse retrieval with reasoning. Do not confuse rote learning with understanding. Do not confuse accumulated knowledge with intelligence.
mini rant: the illusion LLMs are intelligent comes from their massive scale. it is hard to visualize, but these things memorized the WHOLE internet. everything you've ever asked it, either has been solved before, or is a simple combination of existing solutions. but that's still…
An honor to have had the opportunity to talk @zew_en about what I learned about how firms manage patents in contexts of high uncertainty from my research on “Second life of patent of failed startups” and “Acquiring patents in secret” with @RosemarieZiedo2 and @GChondrakis
The first keynote at the 10th #ZEW Conference on #Innovation Economics and Patent Research will be given by @SerranoMejias from @HECParis, who will provide exciting insights into IP strategies in uncertain times. @MaCCIcomp #InnoPat
The first keynote at the 10th #ZEW Conference on #Innovation Economics and Patent Research will be given by @SerranoMejias from @HECParis, who will provide exciting insights into IP strategies in uncertain times. @MaCCIcomp #InnoPat
Opening session of the #strategy, #entrepreneurship and #innovation consortium (Sei) @essec Giovanni Valentini discusse papers by Chiara Spina and Ankur Chavda
One of the most striking charts this year: China’s startup ecosystem has almost completely collapsed in the last 5 years.
Real founders don’t read blog posts on how to be a founder.
🚨🚨 The deadline for submitting your research to the HEC Paris AI and Entrepreneurship workshop is today: September 1 👇
Call for papers: HEC Paris AI and Entrepreneurship Workshop Topics: Entrepreneurship & AI, and implications of AI for org of firms & markets, entrepreneurship, … When: Dec 14 Where: HEC Paris Keynotes: @timobres @joshgans Deadline: Sept 1 More info: sites.google.com/view/hecparisa…
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