Biography

Thomas ASTEBRO
Associate Professor
ate of arrival at HEC Paris: 2008

CENTERS OF INTEREST
Entrepreneurship, management of innovation, technological change

RESEARCH AND PUBLICATIONS
Articles :
«Entrepreneurs Seeking Gains: Profit Motives and Risk Aversion in Inventors' Commercialization Decisions» - forthcoming, Journal of Economics & Management Strategy (en coll. avec K. L. Simons).
"Calibration Accuracy of a Judgmental Process that Predictsthe Commercial Success of New Product Ideas" Journal of Behavioral Decision Making, October 2007, vol. 20, n° 4 (in coll. with D. Koehler)
"Inventor Perseverance after Being Told to Quit: The Role of Cognitive Biases", Journal of Behavioral Decision Making, 20(3): 253-272, 2007 ("Calibration Accuracy of a Judgmental Process that Predictsthe Commercial Success of New Product Ideas" Journal of Behavioral Decision Making, forthcoming, 2007 (in coll. with D. Koehler)
"Inventor Perseverance after Being Told to Quit: The Role of Cognitive Biases", Journal of Behavioral Decision Making, 20(3): 253-272, 2007 (in coll. with T. Jeffrey, S. A., G. Adomdza)
"The Effectiveness of Simple Decision Heuristics: Forecasting Commercial Success for Early-Stage Ventures", Management Science, 52(3): 395-409, 2006 (in coll. with S. Elhedhli)
"Opportunity Knocks", Research Policy, 34: 1404-1418, 2005 (in coll. with K. Dahlin)
"Predictors of the Survival of Innovations", Journal of Product Innovation Management, 22, 322-335, 2005 (in coll. with J. Michela)
"The Winner's Curse of Human Capital", Small Business Economics, 24(1), 63-78, 2005 (in coll. with I. Bernhardt)
"Sunk Costs and the Depth and Probability of Technology Adoption", Journal of Industrial Economics, 52(3), 381-399, 2004.
"Key Success Factors for Technological Entrepreneurs' R&D Projects", IEEE Transactions on Engineering Management, 51(3): 314-321, 2004.
"How to Deal with Missing Categorical Data: Test of a Simple Bayesian Method", Organizational Research Methods, 6(3), 309-327, 2003 (in coll. with G. Chen)
"Start-Up Financing, Owner Characteristics and Survival", Journal of Economics and Business, 55(4), 303-320, 2003 (in coll. with I. Bernhardt)
"The Return to Independent Invention: Evidence of Risk Seeking, Extreme Optimism or Skewness-Loving"- The Economic Journal, 113(484), 226-239, 2003
"Non-Capital Investment Costs and the Adoption of CAD and CNC in the U.S. metalworking Industries", RAND Journal of Economics, 33(4), 672-688, 2002
"Assessing the Commercial Viability of Seed and Early-Stage Ventures", Journal of Private Equity, Winter, 6(1), 6-12, 2002
"Profitable Advice: The Value of Information Provided by Canada's Inventor's Assistance Program", Economics of Innovation and New Technology, 10(1), 45-72, 2001 (in coll. with Y. Gerchak)
"Calculating the Expectation and Variance of the Present Value for a Random Profit Stream of Uncertain Duration", The Engineering Economist, 45(4), 339-349, 2000 (in coll. with Y. Gerchak)
"The Social Rate of Return to Canada's Inventor's Assistance Program", The Engineering Economist, 44(4), 348-61, 1999 (in coll. with I. Bernhardt)
"Basic Statistics on the Success Rate and Profits for Independent Inventors", Entrepreneurship Theory and Practice, 23(2), 41-48, 1998
"The Effect of Management and Social Interaction on the Intra-Firm Diffusion of Electronic Mail Systems", IEEE Transactions on Engineering Management, 42(4), 319-331, 1995 (in coll. with T. Jeffrey, S. A., G. Adomdza)

Chapters in collective books:
"The International Diffusion of Computer Aided Design". In Ayres, R. U., Haywood, W., Tchijov, I. (eds.) Computer Integrated Manufacturing Technologies; Models, case studies and forecasts of diffusion. London: Chapman & Hall, 1992, pp. 171-196, 1992.
*Computer Aided Design". In Ayres, R. U., Haywood, W., Merchant, M. E., Ranta, J. & Warnecke, J. (eds.) Computer Integrated Manufacturing, The past, the present and the future. London: Chapman & Hall, 1992, pp 83-96, 1992.

Published Proceedings:
Mathematical Approaches to Credit Risk Management, Conference Proceedings, Banff International Research Station for Mathematical Innovation and Discovery, October 11-16, 2003 (in coll. with P. Beling, D. Hand, B. Oliver and L. B. Thomas).
Conference Proceedings of the Annual Conference of the Administrative Sciences Association of Canada, Technology and Innovation Management Division, Vol. 23, Winnipeg, Manitoba, May 25-28, 2002.

Working Papers:
"Teamwork" (in coll. with C. Serrano)
"The Diffusion of Complementary Technologies: An Empirical Test" (in coll. with M. Colombo, R. Seri)
"Social Interactions in the Commercialization of New Ideas" (in coll. avec X. Geng)
"How universities create local economic development: the PC software industry". (in coll. with T. Cottrell)
"A Maximum Likelihood Approach to Reject Inference" (in coll. avec G. Chen)
"Diffusion of new technology - The case of multiple generations" (in coll. with G. Götz)
"Stars and Misfits: A Theory of Occupational Choice", Mimeo (in coll. with J. Chen, P. Thompson).
"Entrepreneurial Perseverance - The Role of Personality and Cognition in Determining Commercialization Efforts and Commercialization Success", Mimeo (in coll. with Jeffrey and Gordon Adomdza).
"Preference for Skew in Lotteries", Mimeo (in coll. with L. Santos-Pinto, J. Mata).
"More than a Dummy: The Probability of Failure, Survival and Acquisition of Firms in Financial Distress", Mimeo, 2002 (in coll. with J. Winter).
"Bound and Collapse Bayesian Reject Inference when Data are Missing Not at Random", Mimeo, 2008 (in coll. with G. Chen).

MAIN COURSE TAUGHT AT HEC
High Tech Entrepreneurship.
Managing Innovation.

CURSUS
PhD, Carnegie Mellon University, 1994.
Licentiate of Technology, Department of Industrial Management and Economics, Chalmers University of Technology, Göteborg, Sweden, 1989.
Master of Science, School of Mechanical Engineering, Chalmers University of Technology, 1986.

FIRM ACTIVITIES
Professional experience prior to joining HEC Paris:
Jan. 16, 2006 - cross-appointed Associate Professor, Department of Health Policy, Management and Evaluation, University of Toronto.
July 1, 2003 - Associate Professor of Strategic Management, Rotman School of Management, University of Toronto.
December, 2001 - June 30, 2003, Associate Professor, University of Waterloo.
Nov. 1, 2001 - Jan. 1, 2002, Visiting Professor, Management of Technology, Queensland University of Technology, Brisbane, Australia.
Sept 1, 2001 - Nov. 1, 2001, Visiting Professor, Entrepreneurship, Jönköping International Business School, Jönköping, Sweden.
Jan 1, 2001 - August 31, 2001, Visiting Professor, Finance, Rotman School of Management, University of Toronto, Toronto, Canada.
July 1, 2000 Tenured at University of Waterloo.
May 1997-2000 Research Associate, Carnegie Mellon Census Research Data Center, The Heinz School of Public Policy and Management, Carnegie Mellon University.
Summer 1996 Research Associate, Center for Economic Studies, US Bureau of the Census.
1995-2001 Assistant Professor, Department of Management Sciences, University of Waterloo.
Fall 1994 Lecturer, Department of Management Sciences, University of Waterloo.
1995 Adjunct Professor, Graduate School of Industrial Administration, Carnegie Mellon University.
1994 Lecturer, Graduate School of Industrial Administration, Carnegie Mellon University.Summer
1988 Visiting Scientist, International Institute for Applied Systems Analysis, Laxenburg, Austria (YSSP program).

SCIENTIFIC ACTIVITIES
Editorial activities:
Associate Editor, IEEE Transactions on Engineering Management.

Honor distinction:
2007 Currently listed in top 5th percentile of downloaded working papers at Social Science Research Network (www.ssrn.com), the network comprising 123,500 papers and 78,600 authors.
2003 Best Paper: Administrative Association of Canada, Technology and Innovation Management Division.
2001 National Award: 2nd place - Most Promising Technology, Awarded by the Innovations Foundation, University of Toronto, Canada.
1999 Best Paper, Runner Up: Canadian Council on Small Business and Entrepreneurship Conference.
1995-2000 National Award: NSERC/SSHRC/CIBC Associate Chair in Management of Technological Change.