2 from MIT Sloan named as Best 40-Under-40 MBA Professors
Jacquelyn Pless and Rahul Bhui study what drives innovation for social good and how people make decisions.
Faculty
Jacquelyn Pless is the Fred Kayne (1960) Career Development Assistant Professor of Entrepreneurship and an Assistant Professor in the Technological Innovation, Entrepreneurship, and Strategic Management Group at the MIT Sloan School of Management.
Her research interests are in innovation economics, energy and environmental economics, strategic management, and climate finance. Her work explores how firms and policymakers can foster innovation for social progress — innovation that protects people and the planet — with a particular focus on energy and environmental innovation. One of her current obsessions is understanding how firms respond to externality interdependencies and the implications for the direction of innovation, policy, and strategy.
Jacquelyn teaches courses on innovation strategy and entrepreneurship, including a class on climate and energy ventures, and she was recently named a “Best 40-Under-40 Business School Professor” by Poets & Quants. In 2022, she was selected to be a Distinguished Fellow on Stakeholder Capitalism and ESG Investing by the Kenan Institute of Private Enterprise.
Jacquelyn is also an Honorary Research Associate with the University of Oxford, a Research Affiliate of CESifo, and an Invited Researcher with J-PAL’s Science for Progress Initiative. Before joining MIT, she held various positions in the private and public sectors working on energy policy issues as well as helping high-growth technology companies design and manage their reorganizations.
She holds MS and PhD degrees in Mineral and Energy Economics from the Colorado School of Mines and a BA in Economics and Political Science from the University of Vermont, Honors College.
Featured Publication
"Are Complementary Policies Substitutes? Evidence from R&D Subsidies in the UK."Pless, Jacquelyn (Conditionally accepted, American Economic Journal: Economic Policy), MIT Sloan Working Paper 5788-18. Cambridge, MA: MIT Sloan School of Management, July 2024.
Featured Publication
"To Starve or to Stoke? Understanding Whether Divestment vs. Investment Can Steer (Green) Innovation."Pless, Jacquelyn. In Entrepreneurship and Innovation Policy and the Economy, edited by Benjamin Jones and Josh Lerner, 107-147. Chicago, IL: The University of Chicago Press, 2023. NBER Working Paper.
Meeks, Robyn, Jacquelyn Pless, and Zhenxuan Wang (R&R at Management Science), MIT Sloan Working Paper 6490-21. Cambridge, MA: MIT Sloan School of Management, June 2024.
Lu, Yangsiyu, and Jacquelyn Pless, MIT Sloan Working Paper 6487-21. Cambridge, MA: MIT Sloan School of Management, April 2024.
Pless, Jacquelyn and Sugandha Srivastav, MIT Sloan Working Paper 6962-23. Cambridge, MA: MIT Sloan School of Management, January 2023.
Popp, David, Jacquelyn Pless, Ivan Hascic, and Nicholas Johnstone. In The Role of Innovation and Entrepreneurship in Economic Growth, edited by Aaron Chatterji, Josh Lerner, Michael J. Andrews, and Scott Stern, 175-248. Chicago, IL: University of Chicago Press, 2022.
Jacquelyn Pless and Rahul Bhui study what drives innovation for social good and how people make decisions.
While substantial innovation is needed to enable the transition to clean energy systems, evidence is limited as to what policy mechanisms actually work to help drive private-sector innovation.
"I’m currently obsessed with understanding how externality interdependencies shape innovation incentives."
Jacquelyn Pless has studied which kinds of corrective actions are meaningful in a corporate context.
"Climate policy efforts are starting to see success, but inaction and delays have motivated stakeholders to search for complementary solutions."
Prof. Jacquelyn Pless writes: "The air quality improvements and emissions reductions that we’re seeing today are undoubtedly temporary.”