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Joel A. C. Baum

Joel A. C. Baum

Professor of Strategic Management

Degrees:

PhD, University of Toronto
MBA, University of Toronto
BA (Hons.), York University

Bio

Joel Baum is a Professor of Strategic Management. He is Associate Editor of Academy of Management Review, sits on the editorial board of Strategic Management Journal and is founding co-editor of Strategic Organization. Recent awards include Most Impactful Article, Journal of Business Venturing (2010) and Organization and Management Theory Distinguished Scholar, Academy of Management (2011). Joel teaches Communicating Strategy and the Capstone in the MBA program, and Research Methods in the PhD program. He studies patterns of competition and cooperation and their influence on firm and individual behavior, learning, and performance in diverse settings including biotechnology, investment banking, private military services, and Mozilla software development.

Academic Positions

  • 2009-2018

    George E. Connell Chair in Organizations and Society, Rotman School of Management, University of Toronto

  • 1999-2009

    Canadian National Chair in Strategic Management, Rotman School of Management, 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

Non-Academic Positions

  • 2017-

    Member, Board of Directors, Rise Asset Development

Selected Publications - Papers

  • Mutual Forbearance and Competition among Security Analysts

    Joel A.C. Baum, Anne H. Bowers and Partha Mohanram

    Management Science

    2016

  • Competitive Parity and Status Disparity as Boundary Conditions on Mutual Forbearance: The Case of Securities Analyst Competition for Investor Attention

    Anne H. Bowers, Henrich R. Greve, Hitoshi Mitsuhashi and Joel A.C. Baum

    Academy of Management Journal

    2014

  • Prescriptions for Network Strategy: Does Evidence of Network Effects in Cross-Section Support Them?

    Joel A.C. Baum, Robin Cowan and Nicolas Jonard

    Strategic Management Journal

    2014

  • Greener Pastures: Outside Opportunities and Alliance Withdrawal

    Henrich R. Greve, Joel A.C. Baum and Hitoshi Mitsuhashi

    Organization Science

    2013

  • The Excess-Tail Ratio: Correcting Journal Impact Factors for Citation Distributions

    Joel A.C. Baum

    M@n@gement

    2013

  • The Reorganization of Legitimate Violence: The Contested Terrain of Private Military and Security Companies during the Post-Cold War Era

    Joel A.C. Baum and Anita M. McGahan

    Research in Organizational Behavior

    2013

  • The Reorganization of Legitimate Violence: The Contested Terrain of Private Military and Security Companies during the Post-Cold War Era

    Joel A.C. Baum and Anita M. McGahan

    Research in Organizational Behavior

    2013

  • Better with Age? Tie Longevity and the Performance Implications of Bridging and Closure

    Joel A.C. Baum, Bill McEvily, and Tim J. Rowley

    Organization Science

    2012

  • The Skewed Few: Does 'Skew' Signal Quality among Journals, Articles, and Academics?

    Joel A.C. Baum

    Journal of Management Inquiry

    2012

  • I Think You Think I Think You're Lying: The Interactive Epistemology of Trust in Social Networks

    Mihnea C. Moldoveanu and Joel A.C. Baum

    Management Science

    2011

  • Network-independent Partner Selection and the Evolution of Innovation Networks

    Joel A.C. Baum, Robin Cowan and Nicolas Jonard

    Management Science

    2011

  • North American versus European Approaches to Research on Organizations: An Atlantic Divide? Not

    Joel A.C. Baum

    Organization Science

    2011

  • 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

    2010

  • The Wal-Mart Effect: Wave of Destruction or Creative Destruction?

    Srikanth Paruchuri, Joel A.C. Baum and David Potere

    Economic Geography

    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

  • Cultural Group Selection in Organization Studies

    Joel A.C. Baum

    Organization Studies

    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

  • 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

  • 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

  • Sophistication of Interfirm Network Strategies in the Canadian Investment Banking Industry

    Rowley, Tim J. and Joel A.C. Baum

    Scandinavian Journal of Management

    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

  • 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

  • It's All in the Name: Failure-induced Learning by Multiunit Chains

    Y.-T. Chuang, and Joel A.C. Baum

    Administrative Science Quarterly

    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

Selected Publications - Books and Chapters

  • Epinets: The Epsitemic Structure and Dynamics of Social Networks

    Mihnea C. Moldoveanu and Joel A.C. Baum

    Stanford University Press

    2014

  • The Globalization of Strategy Research

    Baum, Joel A.C. and Joseph Lampel (eds.)

    Advances in Strategic Management (JAI/Emerald)

    2010

  • 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

Featured Work

Game of Thrones

Joel has recently been posting short articles digging into various facets of the evolving web of connections— forged in both friendship and discord — among the series’ characters. The articles examine the global characteristics and features of the social network, key characters’ positions within the broader network, the influence of these network positions on their fates over Seasons 1-7 and the implications of their current positions for Season 8. You can read the articles here: https://medium.com/@joel.a.c.baum.

Research and Teaching Interests

Teaches MBA courses in Communicating Strategy and PhD courses in Strategic Organization and Research Methods. Joel is interested in patterns of competition and cooperation and their influence on firm and individual behavior, learning and performance.

Honors and Awards

  • 2000

    Nominated for McKinsey/Strategic Management Society Best Conference Paper Prize, Strategic Management Society

  • 2000-04

    Grant for research on the Organizational Economy of Investment Banking in Canada, SSHRC

  • 2001

    Research Award on Canadian Competitiveness for research on Early-stage Financing of Canadian Biotechnology Startups, Merck Frosst Canada & Co.

  • 2003

    Finalist McKinsey/Strategic Management Society Best Conference Paper Prize, Strategic Management Society

  • 2004

    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

    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

  • 2010

    Most Impactful Article of 2004, Journal of Business Venturing

  • 2011

    Distinguished Scholar Award, Organization and Management Theory Division, Academy of Management

  • 2011

    Elected, Academy of Management Fellow, Academy of Management

  • 2011-17

    Grant for research on Securities Analyst Networks, SSHRC

Professional Affiliations/Memberships

  • Academy of Management

  • American Sociological Association

  • Administrative Sciences Association of Canada

  • Strategic Management Society

Academic / Professional Service

  • 2017-2020

    Associate Editor, Academy of Management Review

  • 2009-2016

    Associate Dean, Faculty, Rotman School of Management

  • 2008-present

    Editorial Board, Strategic Management Journal

  • 2001-2012

    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

  • 1998-2010

    Editor-in-Chief, Advances in Strategic Management, JAI Press

  • 1994-2007

    Editorial Board, Administrative Science Quarterly

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