Deishin Lee
Deishin Lee
Assistant Professor of Business Administration
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Published Papers
Lee, Deishin, and Eric J. Van den Steen. "Managing Know-How." Management Science (forthcoming). (Articles in Advance published online on November 25, 2009.) Abstract
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Lee, Deishin, and Haim Mendelson. "Divide and Conquer: Competing with Free Technology under Network Effects." Production and Operations Management 17, no. 1 (summer 2008): 12-28. Abstract
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Lee, Deishin, and Haim Mendelson. "Adoption of Information Technology under Network Effects." Information Systems Research 18, no. 4 (December 2007).
Other Papers
Ata, Baris, Deishin Lee, and Mustafa H. Tongarlak. "Operating and Regulating Waste-to-Energy." Working Paper, 2010.
Lee, Deishin. "Turning Waste into By-Product." Harvard Business School Working Paper, No. 07-098, July 2007. (June 2009.) Abstract
This paper studies how the conversion of a waste stream into a useful and saleable by-product affects a firm's optimal operating strategy. We determine whether local implementation can be optimal, i.e., continuing business-as-usual to produce the original product and merely converting the collaterally generated waste stream into by-product, or whether global implementation - that re-optimizes the now joint production process - is required to maximize profit. Whereas local BPS implementation can be managed as if it were an alternate method of waste disposal, global implementation requires managerial attention at a strategic level. To determine which implementation mode is profit-maximizing, we derive optimality conditions for three possible operating regimes. These optimality conditions depend crucially on the waste disposal cost, which acts as a subsidy for the by-product that "consumes" the waste, and also on the virgin raw material cost, which acts as a subsidy for the original product that "feeds" the by-product process. These two costs create a symbiotic relationship between the original product and by-product. Since BPS turns waste into useful raw material, the firm may increase profit by generating more "waste". Although BPS is generally lauded as a win-win for business and the environment, the firm may actually increase emissions if it acts to maximize profit because it increases production to leverage the competitive advantage it gains from its operational synergy.
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HBS Course Materials
Lee, Deishin, Michael W. Toffel, and Rachel Gordon. "Cook Composites and Polymers Co." Harvard Business School Case 608-055. (This case describes how a company improves resource efficiency and process quality in its manufacturing process by developing a waste by-product into a new product. The case describes how CCP cleans production equipment between batches using styrene, which becomes a costly hazardous waste. Having worked on minimizing waste for the past 20 years, CCP believed it could not reduce the use of styrene without risking product quality. Instead, CCP was exploring the development of a by-product from its "rinse styrene," but faces uncertainty regarding the operational, financial, and environmental implications of doing so. This case contains data to support quantitative analyses of financial, operational, and environmental issues including some basic life-cycle analysis (LCA) calculations that focus on greenhouse gas emissions.)
Lee, Deishin, and Michael W. Toffel. "Cook Composites and Polymers Co. (TN)." Harvard Business School Teaching Note 608-079.
Lee, Deishin, and Lionel Bony. "Cradle-to-Cradle Design at Herman Miller: Moving Toward Environmental Sustainability." Harvard Business School Case 607-003.
Lee, Deishin. "Cradle-to-Cradle Design at Herman Miller: Moving Toward Environmental Sustainability (TN)." Harvard Business School Teaching Note 609-013.