Innovation and Cryptoventures: Duke University Study by Campbell R. Harvey
Explore the impact of innovation and cryptoventures through a study conducted by Campbell R. Harvey at Duke University in January 2019. The study delves into the enrollment trends of Duke MBA students in the field, shedding light on the evolving landscape of finance and entrepreneurship. Discover insights on crypto finance and the implications for future business leaders.
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FUQINTRD 697: Innovation and Cryptoventures Why Me? Campbell R. Harvey Duke University and NBER January 2, 2019
Why me? Campbell R. Harvey, (2014) Cryptofinance http://ssrn.com/abstract=2438299 Campbell R. Harvey 2019 3
Duke MBA Enrollment in Campbell Harveys Innovation and Cryptoventures 240 200 160 120 80 40 0 2015 2016 2017 2018 2019 Enrollment Campbell R. Harvey 2019 4
Financial Times February 16, 2015 Campbell R. Harvey 2019 5
The follower Campbell R. Harvey 2019 6
Duke MBA Enrollment in Campbell Harveys Innovation and Cryptoventures 240 200 160 120 80 40 0 2015 2016 2017 2018 2019 Enrollment Campbell R. Harvey 2019 7
Duke MBA Enrollment in Campbell Harveys Innovation and Cryptoventures 240 200 160 120 80 40 0 2015 2016 2017 2018 2019 Enrollment Campbell R. Harvey 2019 8
Duke MBA Enrollment in Campbell Harveys Innovation and Cryptoventures 240 200 160 120 80 40 0 2015 2016 2017 2018 2019 Enrollment Maximum enrolled for one section Campbell R. Harvey 2019 9
Duke MBA Enrollment in Campbell Harveys Innovation and Cryptoventures 240 200 160 120 80 40 0 2015 2016 2017 2018 2019 Enrollment Maximum enrolled for one section Campbell R. Harvey 2019 10
Duke MBA Enrollment in Campbell Harveys Innovation and Cryptoventures 240 Restricted to second year MBAs 200 Second, then third section added 160 120 80 40 0 2015 2016 2017 2018 2019 Enrollment Maximum enrolled for one section Campbell R. Harvey 2019 11
Duke MBA Enrollment in Campbell Harveys Innovation and Cryptoventures 240 Restricted to second year MBAs 200 Second, then third section added 160 120 80 40 0 2015 2016 2017 2018 2019 Enrollment Maximum enrolled for one section Campbell R. Harvey 2019 12
Duke MBA Enrollment in Campbell Harveys Innovation and Cryptoventures Bitcoin price at enrollment 240 $9,000 $8,000 200 $7,000 160 $6,000 $5,000 120 $4,000 80 $3,000 $2,000 40 $1,000 0 $0 2015 2016 2017 2018 2019 Enrollment Bitcoin price Campbell R. Harvey 2019 13
Main Deliverable (group project: 50%) Majority of the grade is determined by the quality of a maximum 15 slide pitch for a new business that has a link to blockchain technology. Student presentations on last day of the course. Urgent to start work immediately You must schedule a meeting with me to discuss possible ideas. See my Google calendar sheet. Maximum group size is 4 (a few exceptions for law students whom I will place in groups). Campbell R. Harvey 2019 14
Other Deliverables Preassignment (complete/incomplete individual) Python cipher program (individual 5%) Python hashing program (individual: 5%) Critique of blockchain training video (individual: 10%) Smart contract on Ethereum blockchain (individual:* 10%) Group presentation/critique (group: 10%) Participation (individual: 10%) Campbell R. Harvey 2019 15 *Technical part can be completed in group setting. The written part is individual.
A lot of hype Campbell R. Harvey 2019 16 https://blogs.gartner.com/smarterwithgartner/files/2018/08/PR_490866_5_Trends_in_the_Emerging_Tech_Hype_Cycle_2018_Hype_Cycle.png
A lot of hype Wild west of ICOs some pure scams Investors making mistakes On-line Plc => On-line Blockchain Plc Campbell R. Harvey 2019 17
A lot of hype Wild west of ICOs some pure scams Investors making mistakes On-line Plc SkyPeople Fruit Juice => On-line Blockchain Plc => Future FinTech Campbell R. Harvey 2019 18
A lot of hype Wild west of ICOs some pure scams Investors making mistakes On-line Plc SkyPeople Fruit Juice Long Island Ice Tea Corp => Long Blockchain Corp => On-line Blockchain Plc => Future FinTech Campbell R. Harvey 2019 19
A lot of hype Wild west of ICOs some pure scams Investors making mistakes On-line Plc SkyPeople Fruit Juice Long Island Ice Tea Corp => Long Blockchain Corp Bioptix => On-line Blockchain Plc => Future FinTech => Riot Blockchain Campbell R. Harvey 2019 20
A lot of hype Campbell R. Harvey 2019 21
December 11, 2017 Original Op-Ed rejected It included: So the type of people investing in bitcoin has starkly changed. Many see their friends or neighbors getting rich. They fear being left behind. They jump on the bandwagon. Bandwagon investors buy when prices are high and sell when prices are low. This is the opposite of what a prudent investor should do. As Warren Buffett says, as bandwagon investors join any party, they create their own truth for a while. Campbell R. Harvey 2019 23
December 11, 2017 Original Op-Ed rejected It included: When the bitcoin bubble does burst, there will be a number of people that understand the value of the technology that will be first in line to buy low. The bandwagon investors will abandon bitcoin and look for a new wagon to jump on. Washington Post: First of all, we generally try to avoid publishing investment advice pieces. And while you make the case that Bitcoin is experiencing a bubble, I think it's missing the "so what" factor. Campbell R. Harvey 2019 24
December 18, 2017 Campbell R. Harvey 2019 25
