Leir Research Institute for Business, Technology, and Society
LRI has an integrated, dual mission of innovative business research and industry outreach necessary to realize the Institute’s overarching goal of helping businesses and industries adapt to the ever-changing technological landscape.
The LRI’s research builds upon and leverages decades of NJIT experience and intellectual capital in the fields of artificial intelligence and machine learning, operations management and decision analytics, organizational behavior and business data science. In addition to conducting business and management research, the LRI maintains close collaborations with academic and industrial communities, regional economic leaders, and government agencies.
Novel generative AI methodologies, being currently evaluated for their applicability and potential for unlocking new revenue streams in commercial environments, are viewed as central to these efforts.
Leir Center for Financial Bubble Research
The Leir Center For Financial Bubble Research within the Martin Tuchman School Of Management was established through the generous support of the Ridgefield and Leir Foundations. The Center seeks to understand through quantitative and qualitative research how a financial bubble can be identified including its stages of development and what policies can best manage its impacts.
The Center believes bubble related research past and present has been primarily focused on the most recent financial crisis, which often involves a financial bubble but frequently does not. Yet every crisis seems now to be called a bubble. Thus developing a much more precise understanding of what is a bubble and what is not represents an important area of research.
Contact Prof. Michael Ehrlich at michael.a.ehrlich@njit.edu for more information.