Nalin Kulatilaka

Nalin Kulatilaka, Associate Director at the Boston University Institute for Global Sustainability (IGS), is the Wing Tat Lee Family Professor of Management and Professor of Finance at Boston University’s Questrom School of Business, Director of the Impact Measurement & Allocation Program, and serves as the Co-Director of the Susilo Institute for Ethics in the Global Economy. His current research interests include impact investing and financing distributed energy resources. Kulatilaka has co-founded several companies, most recently NineDot Energy, and serves on the Board of Directors of Assette. He holds a PhD from MIT.

Education

• PhD, MIT, 1982
• MS, Harvard University, 1977
• BS, Imperial College, 1976

Academic Appointments

Questrom School of Business, Boston University
Boston, Massachusetts

• 2021- Present Director, Impact Measurement and Allocation Program (IMAP)
• 2017- 2022 Co-Director, Susilo Institute
• 2003 – Present Wing Tat Lee Family Professor of Management
• 1992 – Present Professor of Finance
• 1988 – 1992 Associate Professor of Finance
• 1982 – 1988 Assistant Professor of Finance
• 2007 – 2008 Visiting Professor of Finance, University of Melbourne, Melbourne, Australia
• 2001 – 2002 Bertil Danielsson Professor of Banking, Stockholm School of Economics and Göteborg
• University. Sweden
• 1997– 1998 Tamkang Chair Professorship, Tamkang University, Taipei, Taiwan
• 1989 – 1990 Visiting Professor, National University of Singapore, Singapore
• 1982 – 1988 Visiting Scientist, MIT Energy Laboratory, Cambridge, Massachusetts
• 1976 – 1997 Research Associate, International Monetary Fund, Washington D.C.

Selected Publications

• Sinha, P., Lakshminarayanan, S., Cintron, C., Narasimhan, P., Locks, L., Kulatilaka, N., Maloomian, K., Prakash Babu, S., Carwile, M., Liu, A., Horsburgh, C., Acuna-Villaorduna, C., Linas, B., Hochberg, N. (2022). "Nutritional Supplementation Would Be Cost-Effective for Reducing Tuberculosis Incidence and Mortality in India: The Ration Optimization to Impede Tuberculosis (ROTI-TB) Model.", Clin Infect Dis, 75 (4), 577-585
• Sinha, P., Carwile, M., Bhargava, A., Cintron, C., Acuna-Villaorduna, C., Lakshminarayan, S., Liu, A., Kulatilaka, N., Locks, L., Hochberg, N. (2020). "How much do Indians pay for tuberculosis treatment? A cost analysis.", Public Health Action, 10 (3), 110-117
• Kolodziej, M., Kaufmann, R., Kulatilaka, N., Bicchetti, D., Maystre, N. (2014). "Crude oil: Commodity or financial asset?", Energy Economics, 46 216-223
• Kulatilaka, N., Santiago, L., Vakili, P. (2014). "Reallocating risks and returns to scale up adoption of distributed electricity resources", Energy Policy, 69 566-574
• Zik, O., Kulatilaka, N. (2013). "The Sustainability Babel Fish", Sustainability Science, 8 (2), 295-300
• Kulatilaka, N., Bugg-Levine, A., Kogut, B. (2012). "A New Approach to Funding Social Enterprises", Harvard Business Review
• Kulatilaka, N., Ciriello, J. (2010). "Smart Health Community: The Hidden Value of Health Information Exchange", The American Journal of Managed Care, 16 31-36
• Kulatilaka, N. (2010). "Green Revolution 2.0: Opportunities and Challenges in the Green Economy", Sustainable Development Insights
• Amram, M., Kulatilaka, N. (2009). "The Invisible Green Hand: How Individual Decisions and Markets Can Reduce Greenhouse Gas Emissions", California Management Review, 51 (2), 194-218
• Gao, L., Lin, L., Kulatilaka, N. (2008). "Coordination mechanisms in the development of complementary technologies", International Journal of Management and Network Economics, 1 (1), 44-44
• Lin, L., Kulatilaka, N. (2007). "Strategic options and firm value", Managerial Finance, 33 (11), 893-903
• Kulatilaka, N., Lin, L. (2007). "Post-IPO Governance: Venture Capitalists' Role in Strategic Decisions", Proceedings of 11th Annual International Conference on Real Options
• Joglekar, N., Kulatilaka, N., Anderson, E. (2007). Hierarchical Planning under Uncertainty: Real Options and Heuristics."Research Handbook of New Product Development",
• Kulatilaka, N., Lin, L. (2007). Strategic Growth Options in Network Industries."Advances in Strategic Management",
• Kulatilaka, N., Lin, L. (2006). "Impact of Licensing on Investment and Financing of Technology Development", Management Science, 52 (12), 1824-1837
• Lin, L., Kulatilaka, N. (2006). "Network Effects and Technology Licensing with Fixed Fee, Royalty, and Hybrid Contracts", Journal of Management Information Systems, 23 (2), 91-118
• Lihui Lin, ., Kulatilaka, N. (2006). "Network Effects and Technology Licensing", Proceedings of the 39th Annual Hawaii International Conference on System Sciences (HICSS'06)
• Kogut, B., Kulatilaka, N. (2004). "Real Options Pricing and Organizations: The Contingent Risks of Extended Theoretical Domains", Academy of Management Review, 29 (1), 102-110
• Amram, M., Kulatilaka, N. (2000). "Strategy and Shareholder Value Creation: The Real Options Frontier", Journal of Applied Corporate Finance, 13 (2), 15-28
• Kulatilaka, N., Trigeorgis, L. (1994). "The General Flexibility to Switch: Real Options Revisited", International Journal Of Finance, 6 (2)