Spring 2021 Seminars

Seminars will be on Wednesdays from 1-2pm ET unless noted otherwise. The format is a 40-min presentation and 20-min Q&A session. The WebEx platform will be used, accessible here: njit.webex.com/meet/rroy
Date Title/Speaker Abstract
04/28 Alberto Martin Alberto Utrera, MTSM, NJIT  
04/21 To Be Announced  
04/14 Xi Zhang, Ph.D. Student, MTSM, NJIT  
04/07 To Be Announced  
03/31 To Be Announced  


Peter G. Klein, W. W. Caruth Chair and Professor of Entrepreneurship, Baylor University


Gopalakrishnan NarayanamurthySenior Lecturer, University of Liverpool Management School (ULMS), UK


Peer-to-Peer Risk Sharing with an Application to Flood Risk Pooling

Stephen Taylor, Assistant Professor, MTSM, NJIT

Runhuan Feng, Chongda Liu Department of Mathematics, University of Illinois

In contrast with classic centralized risk sharing, a novel peer-to-peer risk sharing framework is proposed. The presented framework aims to devise a risk allocation mechanism that is structurally decentralized, Pareto optimal, and mathematically fair. An explicit form for the pool allocation ratio matrix is derived, and convex programming techniques are applied to determine the optimal pooling mechanism in a constrained variance reduction setting. A tiered hierarchical generalization is also constructed to improve computational efficiency. As an illustration, these techniques are applied to a flood risk pooling example. It is shown that peer-to-peer risk sharing techniques provide an economically viable alternative to traditional flood policies.

To Be Announced


To Be Announced

02/10 Cheickna Sylla, Professor, MTSM, NJIT



Problemistic search for India’s first lunar spacecraft

Raja Roy, Assistant Professor, MTSM, NJIT

M. Annadurai, Former Project Director, Indian Space Research Organization

Soumodip Sarkar, University of Evora, Portugal

We explore an organization’s search for a solution under low slack resources and with a high opportunity cost due to a strict timeframe. Concentrating on India’s efforts to search for the solution to a complex technological problem—its first lunar spacecraft, Chandrayaan-1—we find that organizations searching for solutions under those conditions rely on a mechanism that modifies the components, mitigates the interdependencies between the components in the complex system, and subsequently identifies the product architecture. Our deep-dive investigation of India’s search for a solution extends the organizational search literature and uncovers findings that are generalizable to the broader innovation literature.

What Happens AFTER Crowdfunding?

Haisu Zhang, Assistant Professor, MTSM, NJIT

Crowdfunding, a channel for entrepreneurs to seek financial resources for their innovations, has been booming significantly in recent years. As such, this phenomenon has been attracting a great deal of attention from scholars across several major disciplines, including entrepreneurship, finance, information systems, marketing, and computer science. Nearly all existing studies, however, focus on how to boost crowdfunding success. Surprisingly, very few scholars asked this question: What happens AFTER crowdfunding? Crowdfunding allows entrepreneurs to develop or manufacture their innovations, but the challenge after crowdfunding is perhaps more substantial – they must commercialize the innovations to the (mass) market. In this research, the author combines two sources of web data to examine one question: Can crowdfunding success predict commercial success? Due to the exploratory nature of this research, the author adopts a practice-driven, theory-oriented approach to pursue the answer. Results, in contrast to the author’s expectation, are counterintuitive. The author will discuss possible theoretical explanations based on the findings at the presentation.

Factors that affect the rate of preterm birth: an examination of the inter-related impacts of social determinants, behavior and physical health status

Krystal Hunter, MBA, NJIT

Time: 12:30pm

Location: njit.webex.com/meet/ehrlich

The World Health Organization (WHO) defines preterm birth as any birth before 37 completed weeks of gestation, or fewer than 259 days since the first day of the woman’s last menstrual period.  Causes of preterm birth are complex and the pathophysiology that triggers preterm birth is largely unknown. However, contributing maternal, fetal and placental predisposing factors have been identified.(Quinn et al., 2016)  Risk factors complicit are chronic diseases, mental illness and social determinants like race, social status, access to healthcare and area of residence.  

The purpose of this work is to examine significant factors of PTB and how they interact with each other.  Policy proposals to reduce the rates of PTB will be made based on the results of analysis.  These results are important because of the financial and societal costs.  Complications of PTB were the leading cause of death in children younger than 5 years of age globally in 2016.  It is estimated that in the United States, PTB costs the healthcare system an estimated $26 billion dollars.  This figure only includes hospital costs and does not take into account of the side effects that may present during the survivors’ life cycle like therapy for disabilities. It is estimated that 22% of PTB survivors may develop a severe disability that is secondary to early birth, 24% may develop a moderate disability or have special needs while 34% may develop a mild disability.(Dolezel, 2019)

This work has found that healthy behaviors, social determinants and existing chronic disease are significant factors.  It was also found that obesity has a significant curvilinear relationship with PTB for those who have a lower socioeconomic status.  Obesity is not a significant factor in PTB for women who have a higher socioeconomic status.  These results indicate that when treating pregnant women, there should be consideration of social environment in addition to one’s current health status.