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Two decades ago, two oilfield services rivals merged to create a company with big ambitions. Rice University Business Professor Vikas Mittal said oilfield service companies cannot only rely on higher oil prices alone. Based on past studies and industry surveys, Mittal said oilfield service companies would see a better return on their investments by improving customer service and listening to their needs, rather than spending money developing new technology and products. Smaller service companies, he said, need to merge, lower their costs and improve customer service to compete with larger ones.

Escalating trade tensions with China could jeopardize or delay proposed liquefied natural gas projects on the Gulf Coast by raising construction costs in the United States and prices in China, hurting the emerging industry's competitiveness in one of the world's biggest energy markets, analysts and economists say. The trade war adds uncertainty into long-term planning for energy projects, said Peter Rodriguez, dean of the Jesse H. Jones Graduate School of Business at Rice University.

So how do people make sense of the epiphanies when they experience them? In a set of unprecedented studies, Rice Business professor Erik Dane set out to find answers, first examining people who'd experienced general epiphanies, then analyzing a set of accounts of work- and career-related epiphanies themselves.

Do you feel like you're able to be fully yourself at work? “In our research, we’ve talked to a lot of employees who feel like they’re concealing a ‘stigma,’ and in many of those cases we’ve seen that there’s a real cost to hiding,” says Mikki Hebl, PhD, a management professor and the Martha and Henry Malcolm Lovett Chair of psychology at Rice University.

Yael Hochberg, Head of Entrepreneurship Initiative, Rice University is on the The 2019 CNBC Disruptor 50 Advisory Council