I currently work for IMD Business School in Lausanne, Switzerland where I am helping launch the elea Center for Social Innovation.

My work to date combines empirical methods and conceptual modeling to study the dynamics of social innovation and social finance, with a particular focus on the nature of trade-offs for social investors and social enterprises. I have published in journals such as Journal of Business Ethics, Social Enterprise Journal and Oxford Development Studies.

My current research streams span four pillars of social innovation:

(1) social entrepreneurship, (2) impact investing, (3) blended finance, and (4) ESG issues.

Profile pages:

IMD elea Center for Social Innovation


Google Scholar



My research on impact investing and venture philanthropy examines both the market infrastructure of these two emerging fields as well as the internal mechanisms that social investors use to make investment decisions.

My research examines the characteristics and motivations of social enterprises and the individual social entrepreneurs who launch them.

I focus on risk-taking and the capital structure of social enterprises.

Research in this pillar examines subsidy design and its ability to crowd-in commercial-rate investors.

Additional research investigates the potential for blended finance to target and achieve the United Nation's SDGs.

My research examines the performance of ESG indices relative to benchmarks and how ESG factors drive social innovations within corporate settings.