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Thomas ASTEBRO

Professor

Economics & Decision Sciences

 Profile picture

Biography

Thomas Åstebro is the L'Oreal Professor of Entrepreneurship at HEC Paris; Academic Director, HEC Online Master in Innovation and Entrepreneurship; co-Director Entrepreneurship Track HEC MBA Program, and past Academic Director of the HEC Leadership Center; member of the Steering committee Groupement de Recherche et d’Etudes en Gestion d’HEC (HEC Management Research Group); and member of the Steering and Curriculum committees, MBA Program at HEC. He is listed in Marquis Who's Who in the World, is among the top 2 percent most downloaded authors on www.ssrn, has made over 150 presentations, published over 30 academic journal articles, and has been mentioned in business media over 50 times (including The Economist , Business Week , The Times , and Wall Street Journal). He is an Associate Editor at Management Science, and Small Business Economics, Advisory Editor at Industrial and Corporate Change, and Research Policy, and past Associate Editor of European Management Review. He has previously held positions at University of Waterloo, University of Toronto, and KU Leuven.

Scientific articles

Academic Entrepreneurship: The Bayh-Dole Act versus the Professor’s Privilege

ILR Review, Forthcoming,

Gross, net, and new job creation by entrepreneurs

Journal of Business Venturing Insights, November 2017, vol. 8, pp 64-70

The private financial gains to entrepreneurship: Is it a good use of public money to encourage individuals to become entrepreneurs?

Small Business Economics, February 2017, vol. 48, n° 2, pp 323-329

Decision biases and entrepreneurial finance

Small Business Economics, December 2016, vol. 47, n° 4, pp 819–834

Equity crowdfunding: A new phenomena

Journal of Business Venturing Insights, June 2016, vol. 5, pp 37–49

Hierarchies and entrepreneurship

European Economic Review, October 2016, vol. 89, pp 129–147

Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety

Entrepreneurship: Theory and Practice, March 2016, vol. 40, n° 2, pp 381-400

Public policy to promote entrepreneurship: a call to arms

Small Business Economics, June 2016, vol. 47, n° 1, pp 35-51

Business Partners: Complementary Assets, Financing, and Invention Commercialization

Journal of Economics and Management Strategy, Summer 2015, vol. 24, n° 2, pp 228-252

Detecting heterogeneous risk attitudes with mixed gambles

Theory and Decision, December 2015, vol. 79, n° 4, pp 573-600

Chapters edited in books

The Economic Returns to Entrepreneurship - Implications for Stimulating Entrepreneurship

Iza World Of Labor, A. Kritikos (Ed.), Bloomsbury Press

Universities, Entrepreneurship and Regional Local Development

Handbook Of Research On Entrepreneurship And Regional Development, M. Fritsch (ed.), Edward Elgar Publishing, 252-333

"Universitetens roll för nyföretagande och regional utveckling", (The role of universities for new firm formation and regional development)

2010 “An Innovation Strategy For Sweden– Swedish Economic Forum Policy Summary”, P. Braunerhjelm, Swedish Entrepreneurship Forum, 47-61

Computer Aided Design

Computer Integrated Manufacturing, The Past, The Present And The Future, R. U. Ayres, W. Haywood, M. E. Merchant, J. Ranta, J. Warnecke (eds.), Chapman & Hall, 83-96

The International Diffusion of Computer Aided Design

Computer Integrated Manufacturing Technologies; Models, Case Studies And Forecasts Of Diffusion, R.U. Ayres, W. Haywood, I. Tchijov (eds.), Chapman & Hall, 171-196

Proceedings

The impact of overconfidence on market entry

76th Annual Meeting of the Academy of Management , 2016 , Anaheim , Meeting Abstract Supplement , January (C. GUTIERREZ MORENO)

Working papers

Herding in Equity Crowdfunding

Cahier de Recherche du Groupe HEC , 2017

Gross, Net, and New Job Creation by Entrepreneurs

Cahier de Recherche du Groupe HEC , 2017

Public Policy to Promote Entrepreneurship: A Call to Arms

Cahier de Recherche du Groupe HEC , 2016

Scientific articles

Academic Entrepreneurship: The Bayh-Dole Act versus the Professor’s Privilege

ILR Review, Forthcoming,

Gross, net, and new job creation by entrepreneurs

Journal of Business Venturing Insights, November 2017, vol. 8, pp 64-70

The private financial gains to entrepreneurship: Is it a good use of public money to encourage individuals to become entrepreneurs?

Small Business Economics, February 2017, vol. 48, n° 2, pp 323-329

Decision biases and entrepreneurial finance

Small Business Economics, December 2016, vol. 47, n° 4, pp 819–834

Chapters edited in books

The Economic Returns to Entrepreneurship - Implications for Stimulating Entrepreneurship

Iza World Of Labor, A. Kritikos (Ed.), Bloomsbury Press

Universities, Entrepreneurship and Regional Local Development

Handbook Of Research On Entrepreneurship And Regional Development, M. Fritsch (ed.), Edward Elgar Publishing, 252-333

"Universitetens roll för nyföretagande och regional utveckling", (The role of universities for new firm formation and regional development)

2010 “An Innovation Strategy For Sweden– Swedish Economic Forum Policy Summary”, P. Braunerhjelm, Swedish Entrepreneurship Forum, 47-61

Computer Aided Design

Computer Integrated Manufacturing, The Past, The Present And The Future, R. U. Ayres, W. Haywood, M. E. Merchant, J. Ranta, J. Warnecke (eds.), Chapman & Hall, 83-96

Proceedings

The impact of overconfidence on market entry

76th Annual Meeting of the Academy of Management , 2016 , Anaheim , Meeting Abstract Supplement , January (C. GUTIERREZ MORENO)

Working papers

Herding in Equity Crowdfunding

Cahier de Recherche du Groupe HEC , 2017

Gross, Net, and New Job Creation by Entrepreneurs

Cahier de Recherche du Groupe HEC , 2017

Education

  • Ph.D., Carnegie Mellon University - USA
  • Licentiate of Technology, Chalmers University of Technology - Sweden
  • Master of Science, Chalmers University of Technology - Sweden

Academic appointments

Academic responsabilities at HEC

  • 2016 Professor, Economics - Decision Science HEC Paris
  • 2015-2016 Professor, Strategy and Business Policy HEC Paris
  • 2008-2014 Associate Professor HEC Paris
  • 2008 Member of GREGHEC (CNRS) HEC Paris

External Academic Responsabilities

  • 2006-2008 Cross-appointed Associate Professor, Department of Health Policy, Management and Evaluation, University of Toronto Department of Health Policy, Management and Evaluation, University of Toronto
  • 2003-2008 Associate Professor Rotman School of Management, University of Toronto
  • 2001-2003 Associate Professor University of Waterloo
  • 2001-2002 Visiting Professor Queensland University of Technology
  • 2001-2001 Visiting Professor Jönköping International Business School
  • 2000-2001 Tenured University of Waterloo
  • 1995-2001 Assistant Professor Department of Management Sciences, University of Waterloo
  • 1998-1998 Visiting Scientist International Institute for Applied Systems Analysis
  • 1996-1996 Research Associate Center for Economic Studies, US Bureau of the Census
  • 1995-1996 Affiliate Professor 2Graduate School of Industrial Administration, Carnegie Mellon University
  • 1994-1995 Lecturer Department of Management Sciences, University of Waterloo
  • 1994-1994 Lecturer Graduate School of Industrial Administration, Carnegie Mellon University

Scientific Activities

Membership in Academic or Professional Organisation

  • Member, American Economic Association
  • Member of selection committee, Canadian Young Entrepreneur Award

Editorial activities

  • May 2015- Membre du Comite Executif du Workshop 2015 de SEI (Strategy, Entrepreneurship and Innovation)
  • 2014- Advisory Editor, Research Policy
  • 2011- Associate Editor, Industrial and Corporate Change
  • January 2011-January 2013 Associate Editor, European Management Review
  • 2004- Member Editorial Board, IEEE Transactions on Engineering Management
  • January 2002-January 2005 Member, Editorial Board, Credit Risk international
  • 2001- Chief Academic Review Officer, TIM Division, Administrative Sciences Association of Canada

  • Conference organisation

  • 2017-2017 Organizer, 6th HEC Entrepreneurship Workshop on Entrepreneurship and Development
  • 2014-2014 Organizer, 5th HEC Workshop on Entrepreneurial Finance
  • 2013-2013 Organizer 4th HEC Entrepreneurship Workshop on Crowdfunding
  • 2012-2012 Organizer, 3rd HEC Entrepreneurship Workshop on Student Entrepreneurship
  • 2011-2011 Lead initiative to create a European Doctoral Consortium in the field of Strategy, Innovation and Entrepreneurship with inaugural event at HEC
  • 2010-2010 Organizer 2nd HEC Entrepreneurship workshop on Academic Entrepreneurship
  • 2009-2009 Organizer 1st HEC Entrepreneurship workshop on Entrepreneurial Entry
  • 2003-2003 Co-Organizer, Mathematical Approaches to Credit Risk Management” held at the Banff International Research Station for Mathematical Innovation and Discovery
  • Awards & honors

    Membership in Academic or Professional Organisation

    • 2016 Best Empirical Paper, AoM Entrepreneurship Division, AoM conference
    • 2016 Chair of Excellence
    • 2015 Finalist, Prix Academique de la Recherche en Management
    • 2014 Management Science Distinguished Service Award
    • 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
    • 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.
    • 1991 National Scholarship: The Sweden-America Foundation.
    • 1991 1994 - National Scholarship: Jan Wallander and Tom Hedelius Foundation for Research in the Social Sciences
    • 1989 Scholarship: The Institute for Management of Innovation and Technology, Sweden, 10 year Jubilee Stipend.
    • 1988 Scholarship: Arvid Lindmans Memorial Foundation
    • 1988 National Scholarship: The Swedish Natural Science Research Council.