Conference Agenda

Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).

Please note that all times are shown in the time zone of the conference. The current conference time is: 9th May 2025, 10:11:03am EDT

 
 
Session Overview
Session
Track W8-4: Venture Capital and Entrepreneurship
Time:
Wednesday, 21/May/2025:
11:30am - 12:15pm

Session Chair: Arthur Korteweg, University of Southern California
Discussant: Daniel Bias, Vanderbilt University
Location: Gateway North 213


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Presentations

Small-Scale Mentoring, Large-Scale Innovation: Evidence from a Superstar Firm

Colleen Chien1, Jillian Grennan2, Jason James Sandvik3

1University of California Berkeley School of Law; 2Emory University; 3University of Arizona

We use the staggered roll-out of a mentorship program within a superstar technology firm to test whether small-scale, targeted mentoring can address organizational frictions that influence innovation and productivity. Analyzing novel data capturing the complete innovation pipeline—from initial idea disclosures through patent applications—we study seven cohorts with 633 mentees and track outcomes for over 20,000 employees. First, we find a positive, significant relation between participating in the mentorship program and innovation outcomes in the short- and long-term, with underrepresented innovators realizing the largest gains. Second, we document significant indirect spillovers through team formation, with unmentored peers experiencing productivity gains through collaboration. Survey evidence points to three mechanisms: knowledge transfer about patent processes, expanded professional networks, and increased confidence in identifying patentable ideas. The mentorship program is also associated with broader organizational improvements: engineers at the implementing firm perceive the culture to be better, report higher job satisfaction, and are less likely to leave than peers. These results suggest that small-scale mentoring programs can provide a cost-effective approach to fostering innovation and inclusivity.

Chien-Small-Scale Mentoring, Large-Scale Innovation-1070.pdf


 
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