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Markku Maula
Department of Industrial Engineering and Management

Markku Maula

Professor

Contact information

Postal address
Maarintie 8
Mobile phone
+358405560677
Full researcher profile
https://research.aalto.fi/...

Description

Markku Maula is Professor of Venture Capital and the Head of the Institute of Strategy and Venturing at the Department of Industrial Engineering and Management at Aalto University School of Science. He earned his PhD at Helsinki University of Technology in 2001 winning the Heizer Doctoral Dissertation Award in New Enterprise Development. He has been a visiting scholar at INSEAD and Stanford University and gained work experience in companies including CapMan and Nokia.

Markku’s research focuses on venture capital and private equity, corporate venturing, mergers and acquisitions, and technology-based new firms, and more generally, on the intersection of strategy, entrepreneurship, international business, innovation, and corporate finance. His research often builds on and contributes to the behavioral theory of the firm, attention-based view, and/or institutional theory and is frequently based on quantitative empirical research applying novel methods in large datasets.

Markku has published his research in leading peer-reviewed journals including Academy of Management Journal, Strategic Management Journal, Organization Science, Journal of Business Venturing, Entrepreneurship Theory & Practice, Strategic Entrepreneurship Journal, Research Policy, and MIS Quarterly, among others. He has also received several international awards for outstanding scholarship.

Markku is Editor of Entrepreneurship Theory & Practice and serves on the Editorial Boards of Strategic Management Journal, Journal of Business Venturing, Entrepreneurship Theory & Practice, and Venture Capital: An International Journal of Entrepreneurial Finance. He was the Founding Director of Aalto Ventures Program, has served in many scientific committees and organizations such as the Research Committee of the Entrepreneurship Division of the Academy of Management, and has also acted as an advisor to many firms and government agencies in issues related to his areas of expertise.

Areas of expertise

venture capital cross-border venture capital mergers and acquisitions corporate venturing

Honors and awards

Award or honor granted for a specific work
Department of Industrial Engineering and Management
Jan 2002

The heizer Doctoral Dissertation Award for Outstanding Research in New Enterprise Development (Best doctoral dissertation award of the Entrepreneurship) Academy of Management/Entrepreneurship Division, United States

Award or honor granted for a specific work
Department of Industrial Engineering and Management
Jan 2004

The Haynes Prize for Best Paper Award 2004 Academy of International Business, USA

Award or honor granted for a specific work
Department of Industrial Engineering and Management
Jan 2005

Booz Allen Hamilton/Strategic Management Society Best PhD Paper yhdessä tohtoriopiskelijan Mikko Jääskeläisen kanssa kirjoitetusta paperista Strategic Management Society, USA

Award or honor granted for a specific work
Department of Industrial Engineering and Management
Jan 2001

Young Researcher of the Year 2000 Honorable Mention Department of Industrial Engineering and Management, Helsinki University of Technology, Finland

Award or honor granted for a specific work
Department of Industrial Engineering and Management
Jan 2000

McKinsey & Company Strategic Management Society Best Conference Paper Prize Honorable Mention McKinsey & Company/Strategic Management Society, United States

Award or honor granted for a specific work
Department of Industrial Engineering and Management
Jan 2010

Strategic Management Society Best Conference Paper Prize Honorable Mention, 30th Annual International Conference of Strategic Management Society, Rome, 2010 (a paper co-authored with Thomas Keil and Henri Schildt) Strategic Management Society, United States

Award or honor granted for a specific work
Department of Industrial Engineering and Management
Jan 2003

The Stevens Institute of Technology Wesley J. Howe for Exellence in Research on the Topic of Corporate Entrepreneurship 2003 Babson College - Kauffman Foundation Entrepreneurship Research Conference, United States

Award or honor granted for a specific work
Department of Industrial Engineering and Management
Jan 2013

Citation of Excellence Award Citation of Excellence Award by Emerald Group Publishing Limited for an article (co-authored with Juha Uotila, Thomas Keil and Shaker A. Zahra) chosen as one of the top 50 articles with proven impact since its publication date (2009 in this case to allow for citation impact to be accurately measured) from the top 300 management journals in the world.

Publications

Department of Industrial Engineering and Management

The role of cognitive load in effective strategic issue management

Publishing year: 2018 Long Range Planning
Department of Industrial Engineering and Management

Supply-Side Network Effects and the Development of Information Technology Standards

Publishing year: 2017 MIS Quarterly
Department of Industrial Engineering and Management

CEO Entrepreneurial Orientation, Entrenchment, and Firm Value Creation

Publishing year: 2017 Entrepreneurship Theory and Practice
Department of Industrial Engineering and Management

Venturing into the unknown with strangers

Publishing year: 2017 Journal of Business Venturing
Department of Industrial Engineering and Management

Driven by aspirations, but in what direction? Performance shortfalls, slack resources, and resource-consuming vs. resource-freeing organizational change

Publishing year: 2017 Strategic Management Journal
Department of Industrial Engineering and Management

Explorative and exploitative learning from corporate venture capital: A model of program-level determinants

Publishing year: 2016 Handbook of research on corporate entrepreneurship
Department of Industrial Engineering and Management

Local Partnering in Foreign Ventures

Publishing year: 2016 Academy of Management Journal
Department of Industrial Engineering and Management

Emergence of Industries

Publishing year: 2016 INTERNATIONAL JOURNAL OF MANAGEMENT REVIEWS
Department of Industrial Engineering and Management

Migration and the choice between acquisitions and alliances

Publishing year: 2016 76th Annual Meeting of the Academy of Management, AOM 2016
Department of Industrial Engineering and Management

Do Networks of Financial Intermediaries Help Reduce Local Bias?Evidence from Cross-Border Venture Capital

Publishing year: 2014 Journal of Business Venturing