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 at the MIT Sloan School of Management.
Her research interests are in the economics of innovation, energy and environmental economics, and public economics. In particular, her research explores the drivers of innovation for social progress with a focus on energy and environmental innovation. Her current projects are examining the effects of policies, their interactions, and management on firms' and scientists' innovations and decision-making.
Before joining academia, Jacquelyn held various positions in the public and private sectors. She started in policy, working in the Pennsylvania House of Representatives and then at the National Conference of State Legislators supporting state and tribal governments on energy policy and project finance issues. She was also a research economist at the National Renewable Energy Laboratory and the head of analytics for a boutique consulting firm helping companies in their reorganizations.
Jacquelyn is also an Honorary Research Associate with the University of Oxford, a Research Affiliate of CESifo, and a Kenan Institute Distinguished Fellow on stakeholder capitalism. 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 (Resubmitted 2nd round R&R, 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, 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.”