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Joel A. C Baum Associate Dean, Faculty and George E. Connell Chair in Organizations and Society   Degrees   PhD, University of Toronto MBA, University of Toronto BA (Honours), York University Email   Personal Web Site   http://www.rotman.utoronto.ca/~baum

Positions Held Academic Positions 1999-2009   Canadian National Chair in Strategic Management, Rotman School of Management, University of Toronto 1997-Present   Cross-appointed to the Department of Sociology, University of Toronto 1997   Associate Professor of Organization Studies, Johnson Graduate School of Management, Cornell University 1994-1996   Associate Professor of Management, Division of Management and Economics, University of Toronto-Scarborough 1989-1994   Assistant/Associate Professor of Management, Department of Management and Organizational Behaviour, Stern School of Business, New York University

Selected Articles and Papers "The Wal-Mart Effect: Wave of Destruction or Creative Destruction?," Srikanth Paruchuri, Joel A.C. Baum and David Potere, Economic Geography, 2009 "Built to Last but Falling Apart: Cohesion, Friction and the Durability of Interfirm Alliances," Henrich R. Greve, Joel A.C. Baum, Hitoshi Mitsuhashi and Tim J. Rowley, Academy of Management Journal, 2009 "Inventive and Uninventive Clusters: The Case of Canadian Biotechnology," Barak S. Aharonson, Joel A.C. Baum and Anne Plunkett, Research Policy, 2008 "Aspiration Performance and Railroads’ Rates of Learning from Train Wrecks and Crashes," Joel A.C. Baum and Kristina Dahlin, Organization Science, 2007 "Desperately Seeking Spillovers? Increasing Returns, Industrial Organization and the Location of New Entrants in Geographic and Technological Space," Barak S. Aharonson, Joel A.C. Baum and Maryann P. Feldman, Industrial and Corporate Change, 2007 "Cultural Group Selection in Organization Studies," Joel A.C. Baum, Organization Studies, 2007 "Transfer Learning in Ongoing and Newly-Acquired Components of Multiunit Chains: U.S. Nursing Homes, 1991-1997," Banaszak-Holl, Jane, Will Mitchell, Joel A. C. Baum and Whitney Berta, Industrial and Corporate Change, 2006 "Dancing with Strangers: Aspiration Performance and the Search for Underwriting Syndicate Partners," Baum, Joel A. C., Tim J. Rowley, Andrew V. Shipilov and You-Ta Chuang, Administrative Science Quarterly, 2005 "Time to Break Up: Social and Instrumental Antecedents of Firm Exits from Exchange Cliques," Rowley, Tim J., Henrich R. Greve, Hayagreeva Rao, Joel A. C. Baum and Andrew V. Shipilov, Academy of Management Journal, 2005 "Competing in Groups," Rowley, T.J., Joel A.C. Baum, A.V.Shipilov, H.R. Greve, and H. Rao, Managerial and Decision Economics, 2004 "The Small World of Canadian Capital Markets: Statistical Mechanics of Investment Bank Syndicate Networks, 1952-1990," Baum, Joel A. C., Tim J. Rowley and Andrew V. Shipilov, Canadian Journal of Administrative Sciences, 2004 "Sophistication of Interfirm Network Strategies in the Canadian Investment Banking Industry," Rowley, Tim J. and Joel A.C. Baum, Scandinavian Journal of Management, 2004 "Picking Winners or Building them? Alliances, Patents and Human Capital as Selection Criteria in Venture Financing of Biotechnology Startups," Baum, Joel A.C. and B.S. Silverman, Journal of Business Venturing, 2004 "It’s All in the Name: Failure-induced Learning by Multiunit Chains," Y.-T. Chuang, and Joel A.C. Baum, Administrative Science Quarterly, 2003 "Hits and Misses: Managers’ (Mis)Categorization of Competitors in the Manhattan Hotel Industry," Baum, Joel A.C. and T.K. Lant, Advances in Strategic Management, 2003 "Where Do Small Worlds Come From?," Baum, Joel A.C., A.V. Shipilov, and T.J. Rowley, Industrial and Corporate Change, 2003 "Alliance-Based Competitive Dynamics in the Canadian Biotechnology Industry," Silverman, Brian S., and Joel A. C. Baum, Academy of Management Journal, 2002 "The Rise of Human Service Chains: Antecedents To Acquisitions and their Effects On The Quality Of Care In U.S. Nursing Homes," Banaszak-Holl, Jane, Whitney Berta, Dilys Bowman, Joel A. C. Baum, and Will Mitchell, Managerial and Decision Economics, 2002 "Don't Go It Alone: Alliance Networks and Startups' Performance in Canadian Biotechnology, 1991-97," Baum, Joel A.C., Tony Calabrese and Brian S. Silverman, Strategic Management Journal, 2000 "Making the Next Move: How Experiential and Vicarious Learning Shape the Locations of Chains' Acquisitions," Baum, Joel A. C., Stan Xiao Li and John M. Usher, Administrative Science Quarterly, 2000 "Complexity in the Dynamics of Organizational Founding and Failure," Baum, Joel A. C. and Brian S. Silverman, In Managing Complexity in Organizations: A View from Many Directions. (Quorum Press), 1999 "Sources, Dynamics and Speed: Population-Level Learning by Organizations in a Longitudinal Behavioral Simulation," Baum, Joel A. C. and Whitney B. Berta, Advances in Strategic Management (JAI Press), 1999 "Whole-Part Coevolutionary Competition in Organizations," Baum, Joel A. C., In Variations in Organization Science: In Honor of Donald T. Campbell (Sage), 1999 "The Rise of Chain Nursing Homes in Ontario, 1971-1996," Baum, Joel A.C., Social Forces, 1999 "Chance, Imitative and Strategic Antecedents to Multimarket Contact," Korn, Helaine J. and Joel A.C. Baum, Academy of Management Journal, 1999 "Dynamics of Dyadic Competitive Interaction," Baum, Joel A.C. and Helaine J. Korn, Strategic Management Journal, 1999 "The Legitimacy of Organizational Downsizing in Canada: An Analysis of Media Accounts, 1988-1995," K. Lamertz and Joel A.C. Baum, Canadian Journal of Administrative Sciences, 1998 "Surivival-Enhancing Learning in the Manhattan Hotel Industry, 1898-1980," Baum, Joel A. C., and P. Ingram, Management Science, 1998 Books/Chapters Network Strategy, Baum, Joel A.C. and Tim J. Rowley (eds.), Advances in Strategic Management (JAI/Emerald), 2008 Ecology and Strategy, Baum, Joel A.C., Stanislav D. Dobrev and Arjen van Witteloostuijn (eds.), Advances in Strategic Management (JAI/Elsevier), 2006 Business Strategy over the Industry Life Cycle , Baum, Joel A. C. and Anita M. McGahan (eds.), Advances in Strategic Management (JAI/Elsevier), 2004 Geography and Strategy , Baum, Joel A.C. and Olav Sorenson (eds.), Advances in Strategic Management (JAI/Elsevier), 2003 Companion to Organizations, Baum, Joel A.C. (ed.), Blackwell, 2002 Multiunit-Multimarket Strategy, Baum, Joel A.C. and Henrich R. Greve (eds.), Advances in Strategic Management (JAI/Elsevier), 2001 Economics meets Sociology in Strategic Management, Baum, Joel A.C. and Frank Dobbin (eds.), Advances in Strategic Management (JAI Press), 2000 Variations in Organization Science: In Honor of Donald T. Campbell, Baum, Joel A.C. and Bill McKelvey (eds.), Sage Publications, 1999 Disciplinary Roots of Strategic Management Research, Baum, Joel A.C. (ed.), Advances in Strategic Management (JAI Press), 1998

Professional Affiliations/Memberships Academy of Management American Sociological Association Administrative Sciences Association of Canada Strategic Management Society

Academic/Professional Service 2008-present Editorial Board, Strategic Management Journal 2001-Present Founding Editor, Strategic Organization, Sage Publications 2000-2007 Editorial Board, Academy of Management Journal 2000-2005 Strategic Management Area Coordinator, Rotman School of Management, University of Toronto 2000-2004 Executive Officer, Organization and Management Theory Division, Academy of Management 1999-2001 Guest Editor, Special Research Forum: 'A New Time', Academy of Management Journal 1998-Present Editor-in-Chief, Advances in Strategic Management, JAI Press 1997-1999 Executive Officer, INFORMS College on Organization Science 1997-1999 Chair, Teaching Committee, Academy of Management 1997-1998 Executive Officer, Organization Theory Division, Administrative Science Association of Canada 1994-2007 Editorial Board, Administrative Science Quarterly

Honors/Awards 1989 Best Paper Award of Excellence, Organizational Behaviour Division, Administrative Sciences Association of Canada 1990 Best Paper Award of Excellence, Organizational Behaviour Division, Administrative Sciences Association of Canada 1996 Best Paper, Organizational Behaviour, Canadian Journal of Administrative Sciences, 1994 (Volume II) 1996 Best Paper Award of Excellence, Organization Theory Division, Administrative Sciences Association of Canada 1996-1999 Recipient of SSHRC Grant for research on the Rise of Chain Nursing Homes in Ontario 1998 1998 Best Paper Award of Excellence, Organizational Theory Division, Adminstrative Sciences Association of Canada 1999 Best Paper Award of Excellence, Technology and Information Management Division, Administrative Sciences Association of Canada 1999 Roger Martin and Nancy Lang Award for Excellence in Research, Rotman School of Management 2000 2000 Nominated for McKinsey/Strategic Management Society Best Conference Paper Prize, Strategic Management Society 2000-04 SSHRC Grant for research on the Organizational Economy of Investment Banking in Canada 2001 Merck Frosst Canada & Co.'s Research Award on Canadian Competitiveness for research on Early-stage Financing of Canadian Biotechnology Startups 2003 Nominated and selected as finalist for McKinsey/Strategic Management Society Best Conference Paper Prize, Strategic Management Society 2004 Selected as finalist, and Honorable Mention Award, McKinsey/Strategic Management Society Best Conference Paper Prize, Strategic Management Society 2005-08 Grant for research on Managers' Interpretation and Use of Interfirm Networks, SSHRC 2007 Selected as finalist McKinsey/Strategic Management Society Best Conference Paper Prize, Strategic Management Society 2008 Glueck Best Paper Award, finalist, Business Policy and Strategy Division, Academy of Management 2009 Best Paper Award, Organization and Management Theory Division, Academy of Management

Research and Teaching Interests Teaches MBA courses in game theory and competitive strategy and PhD courses in Strategic Organization and Research Methods. Studying economic phenomena from the point of view of a sociologist, Joel is concerned with how institutions, inter-organizational relations, and managers shape patterns of competition and cooperation among firms and industry evolution. He is currently working three major research projects. One examines the evolution of underwriting syndicate networks in the Canadian investment banking industry, funded by a grant from the Social Science and Humanities Research Council of Canada (2000-2004; 2006-2010). The second analyzes the effects of strategic alliances and intellectual property development on competition and firm performance in the Canadian biotechnology industry, funded in part by Merck Frosst Canada & Co.'s Research Award on Canadian Competitiveness. And, the third, is a project examining the origins, evolution, and legitimation of private military companies (PMCs) since the end of the Cold War. The work aims to improve our understanding of the role and effective governance of these controversial firms.