Assistant Professor of Business Administration
Harvard Business School
Andy Wu is an assistant professor of business administration in the Strategy unit at the Harvard Business School, teaching the Strategy course in the MBA required curriculum. Using the lenses of organizational economics and strategic management, he studies organizational structure as a capability for the acquisition and utilization of human, financial, and social capital in technology-focused entrepreneurial ventures. Wu has studied the role of information in organizational decision making by using a phenomenon specific to venture capital—private angel investing by partners in a VC firm in companies that the firm has declined to fund. Such angel investments perform as well or better on some metrics than investments made by the firm, even though the angel-funded companies have less experienced leadership and are weaker on other observable characteristics. Investigating the effect of skilled immigration on U.S. innovation using data from an H-1B visa program lottery, Wu has shown that winning this lottery does not significantly increase patent applications or grants at the firm level. He has also compared organizational forms for technical experience diversity in biotechnology startups, finding that indirect diversity results in greater firm-level innovation benefits.
Wu is passionate about linking theory with the practice of technology commercialization entrepreneurship. He advises high technology companies in both an informal capacity and as a board member on topics ranging from closing financing rounds to IP strategy. He is a founder and investor in Identified Technologies, which delivers cloud-hosted aerial data—collected via proprietary unmanned aerial vehicles and dock stations—to the upstream energy industry. He has 11 patents granted or pending across rapid prototyping, medical imaging, robotics, and e-commerce. He is passionate about linking theory with the practice of technology commercialization entrepreneurship, and he advises high technology companies in both an informal capacity and as a board member.
Wu received his PhD and MS in applied economics from the Wharton School of the University of Pennsylvania, where he is a senior fellow at the school’s Mack Institute for Innovation Management. While at Wharton, he received a Kauffman Dissertation Fellowship. Wu also taught in Wharton’s MBA, Executive MBA, and undergraduate programs and was recognized as one of the top 10 graduate teachers across the university. He earned his SB in economics and mathematics at the Massachusetts Institute of Technology.
Faculty website: http://www.hbs.edu/faculty/Pages/profile.aspx?facId=871877