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Colombo Massimo Gaetano

Full Professor

Massimo G. Colombo is Full Professor of Innovation Economics, Entrepreneurship and Entrepreneurial Finance.

He is the president of the Italian Association of Management Engineering (AiIG), Vice-Dean for Research and Rankings of the School of Management.

Prof. Colombo is author (or co-author) of numerous books and articles in journals including Science, the Strategic Management Journal, the Strategic Entrepreneurship Journal, Entrepreneurship Theory & Practice, the Journal of Business Venturing, the Journal of Industrial Economics, Research Policy, Small Business Economics, and many others.

Career

MSc: Electronic Engineering at Politecnico di Milano

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Born in Milan, on 12/16/1958.

Graduated cum laude in Electronic Engineering at Politecnico di Milano in 1983.

1984-1991: CNR (National Research Council) research fellow, Centro di Teoria dei Sistemi, Politecnico di Milano.

1988-1989 and 1989-1990: contract professor of "Industrial Organization and Technical Change" at Politecnico di Milano.

1984-1991: teaching activity at postgraduate level in Industrial Economics and Economics of Technical Change (MBA course, MIP- Politecnico di Milano).

1992: Associate Professor of Industrial Economics at Politecnico di Milano.
1994: Full Professor of Applied Economics at University of Pavia.

2003: Full Professor of Economics of Technical Change at Politecnico di Milano.

2007-2012: Dean of the Doctoral Program in Management, Economics and Industrial Engineering, Politecnico di Milano

Since 2013: Deputy Director for Research and Rankings, School of Management, Politecnico di Milano

Since 2019: Deputy Director for Research, School of Management, Politecnico di Milano


Other appointments

Since 2008: Coordinator of the EIASM Doctoral seminar on Innovation management and economics

2010: Doctoral course in Economics of innovation and entrepreneurship, ETH Zurich

1992-1997: Member of the Board of the Association Internationale de Management Stratégique (AIMS).

1995-2000: Member of the Scientific Advisory Board of DRUID, Copenhagen.

1996-2012: Member of the Advisory Board of CIRET-Politecnico di Milano.

Since 1999: Member of the Advisory Board of CRORA-Università Bocconi.

2005-2008: Elected Representative al large, Knowledge and Innovation Interest Group, Strategic Management Society

2007-2022: Associate Editor of the Journal of Small Business Management.

2008-2021: Member of the Editorial Board, Journal of Business Economics and Management

2009-2011: Member of the Editorial Board, Journal of Management Studies.

Since 2010: Member of the Editorial Board, Journal of Technology Transfer.

2011-2021: Member of the Editorial Board, Entrepreneurship Research Journal

2014-2023: Chief editor of Journal of Business and Industrial Economics - Economia e Politica Industriale

Since 2015: Member of the Editorial Board, Strategic Entrepreneurship Journal

Since 2016: Member of the Editorial Board, CERN IdeaSquare Journal of Experimental Innovation

2017-2019: President of the Associazione Italiana di Ingegneria Gestionale.

Since 2020: Member of the Board, MIP (POLIMI Graduate School of Management).

Since 2021: Member of the Board, University of Trento.

2023-: Member of the Editorial Board, Venture Capital.

2023.: President of the Bureau of Entrepreneurial Finance

2024-: President of the Entrepreneurial Finance Association.

Research

The main areas of research of Massimo G. Colombo are as follows:

  1. Entrepreneurship: founders’ characteristics, start-ups’ organization and post-entry innovation and growth performances,
  2. Entrepreneurial finance: venture capital, crowfunding, policy in support of high-growth entrepreneurial ventures and SMEs;
  3. Alliances, acquisitions and open innovation: alliance governance; implementation of high-tech acquisitions;
  4. Diffusion of advanced technologies and organizational innovations;
  5. Economics of organizational design.


Massimo G. Colombo has participated in numerous research projects, promoted by the European Commisison, the Italian CNR (National Research Council), the Italian Ministry of Research (MIUR), and various private and public institutions. In particular, he was one of the coordinator of the Prospective Dossier n. 2 "Globalisation of Economy and Technology", Fast-Monitor project, EC-DG XII; was a member of the Steering Committee of the study contract on “Mergers and acquisitions and science and technology policy”, EC-DG Research; was the chairman of the steering committee of the FP6 PICO research project on “Academic entrepreneurship from knowledge creation to knowledge diffusion”; was the scientific coordinator of the FP7 VICO research project on “Financing entrepreneurial ventures in Europe: Impact on innovation, employment growth, and competitiveness”; and was member of the Facility Governance Board of the FP 7 RISIS project on “Research infrastructure for research and innovation policy studies”. He coordinated the CNR Research Project on “The determinants of the post-entry performances of new firms in ICT industries” and the MIUR National Research Project on “New technologies and entrepreneurship”. He has conducted consultancy work for governmental departments and international institutions, such as the European Investment Fund and the European Court of Auditors. In 2007 he has been member of the EC expert group on “Entrepreneurship in higher education institutions”. In 2018 he was appointed as Co-Chair of the Small and Medium Enterprises (SME) Policy Task Force for Think20 (T20) Summit in Tokyo in May, 2019.

Massimo G. Colombo is author (or co-author) of nine books and more than 120 peer reviewed publications in international journals. In particular, he published in journals such as Science, the Strategic Management Journal, Research Policy, the Journal of Business Venturing, Entrepreneurship Theory and Practice, the Strategic Entrepreneurship Journal, the Journal of Management Studies, the Human Resource Management Journal, the Journal of Industrial Economics, the International Journal of Industrial Organization, the Journal of Economics and Management Strategy, the Journal of Economic Behavior and Organization, Cambridge Journal of Economics, Economics Letters, Industrial and Corporate Change, the Journal of Banking and Finance, Small Business Economics, the Journal of Small Business Management, and others.


Selected Publications

Colombo M.G.| Shafi K. (2021), "Receiving external equity following successfully crowdfunded technological projects: an informational mechanism", Small Business Economics, 56, 1507-1529

Colombo M.G.| Foss N.J.| Lyngsie J.| Rossi Lamastra C. (2021), "What drives the delegation of innovation decisions? The roles of firm innovation strategy and the nature of external knowledge", Research Policy, 50

Colombo M.G.| Piva E.| Quas A.| Rossi-Lamastra C. (2021), "Dynamic capabilities and high-tech entrepreneurial ventures’ performance in the aftermath of an environmental jolt", Long Range Planning, 54

Colombo M.G.| Piva E. (2020), "Start-ups launched by recent STEM university graduates: The impact of university education on entrepreneurial entry", Research Policy, 49

Rocco M.V.| Tonini F.| Fumagalli E.M.| Colombo E. (2020), "Electrification pathways for Tanzania: Implications for the economy and the environment", Journal of Cleaner Production, 263

Grants, awards and Honours

  1. Papers selected for the Proceedings of the 2016 Academy of Management Meeting (Best Papers). Colombo, M.G., Moreira, S., Rabbiosi, L., "Learning-By-Being-Acquired: Post-Acquisition R&D Team Reorganization and Knowledge Transfer".
  2. Best paper award, EDIM 2015 conference. Spina, L., Bartezzaghi, E., Cagliano, R., Colombo, M.G., Longoni, A., Rossi Lamastra, C., Rovelli, P., “Opportunity Exploitation and TMT’s Organizational Configurations”.
  3. Best Paper Award, “Uddevalla Symposium 2013”. Bonaccorsi A., Colombo M.G., Guerini M., Rossi Lamastra C. The role of geographical, social and cognitive proximity in collaborations between high-tech entrepreneurialventures and universities. Kansas City, USA, 13-15 June, 2013.
  4. Best Paper Award ‘Runner up’, “First international entrepreneurship research AOM exemplars conference”. Colombo M.G., Franzoni C., Rossi-Lamastra C. What determines the success of crowdfunding projects? The crucial role of early backers. Catania, Italy, 23-25 May, 2013.
  5. 2009 Award of the UAM-Accenture Chair in Economics and Management of Innovation. Colombo, M.G., D’Adda, D., Evila, P., Rossi Lamastra, C., “The innovation impact of the allocation of decision authority in the acquisition of high-tech start-ups: integrating competence-and resource-based theories with multi-task agency theory”.
  6. 2006 RENT Conference, Bruxelles. Gate2Growth 2006 First Best Paper Award.
  7. 2006 RENT Conference, Bruxelles. Gate2Growth 2006 Second Best Paper Award. Bertoni, F., Colombo M.G., Croce A., “Venture Capital and the Investments of New Technology Based Firms”.

Community service

  • President of the Italian Association of Management Engineering (AiIG), 01/01/2017 - to date
  • Deputy Director for Research and Rankings, School of Management, Politecnico di Milano, 01/01/2013 - to date
  • Member of the PhD Board
  • Member of the editorial Team/Board - CERN IdeaSquare Journal of Experimental Innovation
  • Member of the editorial Team/Board - Strategic Entrepreneurship Journal
  • Guest Editor of the Special Issue of the Strategic Entrepreneurship Journal on “Organizational Design of Entrepreneurial Ventures”, with Diane Burton (Cornell University), Cristina Rossi-Lamastra (Politecnico di Milano), Noam Wasserman (Harvard Business School).
  • Editor in Chief - Economia e Politica Industriale – Journal of Business and Industrial Economics
  • Member of the Editorial Board, Entrepreneurship Research Journal
  • Member of the Editorial Board, Journal of Technology Transfer.
  • Member of the Editorial Board, Journal of Business Economics and Management
  • Associate Editor of the Journal of Small Business Management
  • Member of the Advisory Board of CRORA-Università Bocconi
  • "Editor of special issue - European Management Review on “Organizing for external knowledge sourcing”, with Larissa Rabbiosi (Copenhagen Business School) and Toke Reichstein (Copenhagen Business School), published in vol. 8, issue 3"
  • Editor of special issue - Industry and Innovation on “Organizing inter- and intra-firm networks: what is the impact on innovation performance?” with Keld Laursen (Copenhagen Business School), Mats Magnusson (KTE Stockholm), and Cristina Rossi-Lamastra (Politecnico di Milano), published in vol. 18, issue 6
  • Guest Editor of the Special Issue of the Journal of Small Business Management on “Small business and networked innovation: organizational and managerial challenges”, with Keld Laursen (Copenhagen Business School), Mats Magnusson (KTE Stockholm), and Cristina Rossi-Lamastra (Politecnico di Milano), published in vol. 50, issue 2.
  • Guest Editor of the Special Session of the Journal of Technology Transfer on “Going radical: producing and transferring disruptive innovation”, with Chiara Franzoni (Politecnico di Milano) and Reinhilde Veugelers (KU Leuven), published in vol. 40, issue 4.
  • Guest Editor of the Special Issue of the Journal of Product Innovation Management on “Organizing for breakthrough innovation: taking inspiration from the organization of science”, with Cristina Rossi-Lamastra (Politecnico di Milano), Georg von Krogh (ETH Zurich), Paula Stephan (Georgia State University)
  • Guest Editor of the Special Issue of the Small Business Economics on “New trends in entrepreneurial finance”, with Joern H. Block (University of Trier), Douglas J. Cumming (Schulich School of Business), and Silvio Vismara (University of Bergamo)
  • Guest Editor of the Special Issue of the Small Business Economics on “The governance of entrepreneurial ecosystems”, with Giovanni Battista Dagnino (University of Catania), Erik Lehmann (Augsburg University), and Mari-Paz Salmador (Universidad Autónoma de Madrid)
  • Editor of a Special Issue on Entrepreneurship Theory & Practice. Digitization and the Market for Entrepreneurial Finance Co-Editors: Fabio Bertoni, Stefano Bonini, Vincenzo Capizzi, Massimo Colombo, Mike Wright, & Sophie Manigart.

Magazine articles