Vangelis Souitaris

Vangelis Souitaris is a Professor of Entrepreneurship at Cass Business School. He founded the Entrepreneurship group at Cass and he is the current subject-group leader. He joined in 2004 and became Cass’s youngest full professor in 2006 (age 34). Before Cass, Vangelis spent 6 years as an assistant professor at Imperial College London. He currently holds a visiting chair at LUISS University in Rome. Vangelis also visited on sabbatical LBS (2015-16), Wharton (2008-09), Bologna (2008), and Vlerick (2005). In 2011, he was recognized as one of the top 40 business school professors under 40 years old, by the online business education magazine “Poets and Quants”. As the PhD director (2011-15) he has instrumental in the academic transformation of the Cass PhD programme (extending the duration to 4 years, introducing formal training and scholarships).

Vangelis specialises in behavioural and social aspects of technology entrepreneurship. His behavioural portfolio includes studies on entrepreneurial inspiration, polychronicity, analysis versus intuition, halo effects, and escalation of commitment. His sociologically-driven work includes studies on institutional and network influences on technology enterprise. Currently he focuses on 3 specific areas: 1) Behavioural aspects of entrepreneurial decision making, 2) Entrepreneurial finance and 3) Academic entrepreneurship. Vangelis published work in prestigious field journals (Research Policy, Journal of Business Venturing, Entrepreneurship Theory and Practice, Strategic Entrepreneurship Journal, Journal of Product Innovation Management, R&D Management, Technovation) and also general management journals (Academy of Management Journal, Strategic Management Journal, Harvard Business Review, Journal of Management Studies, British Journal of Management, Long Range Planning).

Vangelis brings his expertise to practice by advising large Technology Businesses (such as IBM and Telenor) and also small technology startups that spin-out from engineering universities. He has supervised/currently supervising 9 PhD students. If you are interested in a PhD in Entrepreneurship (and/or more specifically in technology entrepreneurship) please contact Vangelis directly.

Qualifications

• PGCE Certificate (Teaching in Higher Education), University of Bradford, United Kingdom, 1997 – 1998
• PhD in Management, University of Bradford, United Kingdom, 1995 – 1998
• MBA, University of Wales, Cardiff, United Kingdom, Jan 1994 – Jan 1995
• BSc in Chem Eng., Aristotle University of Thessaloniki, Greece, Jan 1989 – Jan 1994

Employment

Lecturer in Entrepreneurship, Imperial College London, 1998 – 2003

Visiting Appointments

• Visiting Scholar, London Business School, Sep 2015 – Aug 2016
• Visiting Professor, LUISS University Rome, Italy, Sep 2014 – present
• Visiting Professor, International Hellenic University, Jan 2009 – present
• Visiting Scholar, University of Pensylvania, Wharton, Aug 2008 – Jul 2009
• Visiting Scholar, University of Bologna, Jan – Jul 2008

Fellowships

Fellow of the RSA, Royal Society of the Arts (RSA), Jan 2017 – present

Memberships of Professional Organisations

• Academic, Academy of Management, 2006 – present
• Academic, Strategic Management Society

Awards

• the tech community “hot topics” (2015) Global top 100 entrepreneurship-profs list 2015
• I was in the global top 100 entrepreneurship-professors list for 2015. The faculty in the list were nominated by practicing entrepreneurs (source: the tech community “hot topics”). See the list here: https://www.hottopics.ht/stories/education/the-100-top-professors-of-entrepreneurship-worldwide/?utm_source=newsletter+weekly&utm_campaign=90be530f8c-Subject_line_40_character_max9_11_2015&utm_medium=email&utm_term=0_00ec283f4c-90be530f8c-229941453
• Cass Business School (2011) Research Excellence Award earned three times
• Research Excellence Award earned three times (2007, 2009 and 2011)
• Poets and Quants (2011) Global list of top 40 Business School Professors
• Included in the global list of the top 40 Business School Professors under 40 years of age from the prestigious MBA publication Poets and Quants (2011)
• Cass Business School (2010) Teaching and Learning Award earned three times
• Teaching and Learning Award earned three times (2004, 2006 and 2010)

Languages

Greek, Modern (1453-) and Italian.

Expertise

Primary Topics

• Entrepreneurship
• Innovation & Creativity

Research

My research focuses on behavioral and social explanations of major entrepreneurial decisions.

Research Topics

• Behavioural entrepreneurship Polychronicity, Analysis versus Intuition, Inspiration, Escalation of commitment, Halo effects
• Entrepreneurial Finance Corporate Venture Capital, Independent Venture Capital
• Academic entrepreneurship Spinoffs from public research institutions and student entrepreneurship

Featured Publication

• Bellavitis, C., Filatotchev, I. and Souitaris, V. (2017). The Impact of Investment Networks on Venture Capital Firm Performance: A Contingency Framework. British Journal of Management, 28(1), pp. 102–119. doi:10.1111/1467-8551.12162.
• Nicolaou, N. and Souitaris, V. (2016). Can Perceived Support for Entrepreneurship Keep Great Faculty in the Face of Spinouts. Journal of Product Innovation Management, 33(3), pp. 298–319. doi:10.1111/jpim.12274.
• Pitsakis, K., Souitaris, V. and Nicolaou, N. (2015). The Peripheral halo effect: Do academic spinoffs influence universities' research income? Journal of Management Studies, 52(3), pp. 321–353. doi:10.1111/joms.12119.
• Souitaris, V. and Zerbinati, S. (2014). How do Corporate Venture Capitalists do Deals? An Exploration of Corporate Investment Practices. Strategic Entrepreneurship Journal, 8(4), pp. 321–348. doi:10.1002/sej.1178.
• Souitaris, V., Zerbinati, S. and Liu, G. (2012). Which iron cage? Endo- and exoisomorphism in corporate venture capital programs. Academy of Management Journal, 55(2), pp. 477–505. doi:10.5465/amj.2009.0709.
• Zerbinati, S., Souitaris, V. and Moray, N. (2012). Nurture or nature? The growth paradox of research-based spin-offs. Technology Analysis and Strategic Management, 24(1), pp. 21–35. doi:10.1080/09537325.2012.643558.
• Souitaris, V. and Maestro, B.M.M. (2011). The case for multitasking. Harvard Business Review, 89(10) .
• Souitaris, V. and Maestro, B.M.M. (2010). Polychronicity in top management teams: The impact on strategic decision processes and performance of new technology ventures. Strategic Management Journal, 31(6), pp. 652–678. doi:10.1002/smj.831.
• Al-Laham, A. and Souitaris, V. (2008). Network embeddedness and new-venture internationalization: Analyzing international linkages in the German biotech industry. Journal of Business Venturing, 23(5), pp. 567–586. doi:10.1016/j.jbusvent.2007.09.001.
• Zhang, J., Souitaris, V., Soh, P.H. and Wong, P.K. (2008). A contingent model of network utilization in early financing of technology ventures. Entrepreneurship: Theory and Practice, 32(4), pp. 593–613. doi:10.1111/j.1540-6520.2008.00244.x.
• Djokovic, D. and Souitaris, V. (2008). Spinouts from academic institutions: A literature review with suggestions for further research. Journal of Technology Transfer, 33(3), pp. 225–247. doi:10.1007/s10961-006-9000-4.
• Souitaris, V., Zerbinati, S. and Al-Laham, A. (2007). Do entrepreneurship programmes raise entrepreneurial intention of science and engineering students? The effect of learning, inspiration and resources. Journal of Business Venturing, 22(4), pp. 566–591. doi:10.1016/j.jbusvent.2006.05.002.
• Zerbinati, S. and Souitaris, V. (2005). Entrepreneurship in the public sector: A framework of analysis in European local governments. Entrepreneurship and Regional Development, 17(1), pp. 43–64. doi:10.1080/0898562042000310723.
• Souitaris, V. and Cohen, M. (2003). Internet business or just business? Impact of Internet-specific strategies on venture performance. European Management Journal, 21(4), pp. 421–437. doi:10.1016/S0263-2373(03)00080-X.
• Souitaris, V. (2002). Technological trajectories as moderators of firm-level determinants of innovation. Research Policy, 31(6), pp. 877–898. doi:10.1016/S0048-7333(01)00154-8.
• Wilson, D. and Souitaris, V. (2002). Do Germany's federal and land governments (still) co-ordinate their innovation policies? Research Policy, 31(7), pp. 1123–1140. doi:10.1016/S0048-7333(01)00181-0.
• Souitaris, V. (2002). Firm-specific competencies determining technological innovation. A survey in Greece. R&D Management, 32(1), pp. 61–77. doi:10.1111/1467-9310.00239.
• Whewell, J.A. and Souitaris, V. (2001). The impact of Internet trading on the UK antiquarian and second-hand bookselling industry. Internet Research, 11(4), pp. 296–309.
• Souitaris, V. (2001). Strategic Influences of Technological Innovation in Greece. British Journal of Management, 12(2), pp. 131–147. doi:10.1111/1467-8551.00190.
• SOUITARIS, V.A.N.G.E.L.I.S. (1999). RESEARCH ON THE DETERMINANTS OF TECHNOLOGICAL INNOVATION: A CONTINGENCY APPROACH. International Journal of Innovation Management, 03(03), pp. 287–305. doi:10.1142/S1363919699000153.
• Souitaris, V. and Pujari, D. (1998). Strategic environmental management in the Greek chemical industry: results from an exploratory study of selected companies. Business Strategy and the Environment, 7(3), pp. 134–149. doi:10.1002/(SICI)1099-0836(199807)7:3134::AID-BSE1473.0.CO;2-T.

Chapter

Souitaris, V. (2003). Determinants of technological innovation. Current research trends and future prospects. In Shavinina, L. (Ed.), International Handbook on Innovation (pp. 513–528). Pergamon.

Journal Articles (24)

• Bellavitis, C., Filatotchev, I. and Souitaris, V. (2017). The Impact of Investment Networks on Venture Capital Firm Performance: A Contingency Framework. British Journal of Management, 28(1), pp. 102–119. doi:10.1111/1467-8551.12162.
• Nicolaou, N. and Souitaris, V. (2016). Can Perceived Support for Entrepreneurship Keep Great Faculty in the Face of Spinouts. Journal of Product Innovation Management, 33(3), pp. 298–319. doi:10.1111/jpim.12274.
• Pitsakis, K., Souitaris, V. and Nicolaou, N. (2015). The Peripheral halo effect: Do academic spinoffs influence universities' research income? Journal of Management Studies, 52(3), pp. 321–353. doi:10.1111/joms.12119.
• Souitaris, V. and Zerbinati, S. (2014). How do Corporate Venture Capitalists do Deals? An Exploration of Corporate Investment Practices. Strategic Entrepreneurship Journal, 8(4), pp. 321–348. doi:10.1002/sej.1178.
• Souitaris, V., Zerbinati, S. and Liu, G. (2012). Which iron cage? Endo- and exoisomorphism in corporate venture capital programs. Academy of Management Journal, 55(2), pp. 477–505. doi:10.5465/amj.2009.0709.
• Zerbinati, S., Souitaris, V. and Moray, N. (2012). Nurture or nature? The growth paradox of research-based spin-offs. Technology Analysis and Strategic Management, 24(1), pp. 21–35. doi:10.1080/09537325.2012.643558.
• Souitaris, V. and Maestro, B.M.M. (2011). The case for multitasking. Harvard Business Review, 89(10) .
• Souitaris, V. and Maestro, B.M.M. (2010). Polychronicity in top management teams: The impact on strategic decision processes and performance of new technology ventures. Strategic Management Journal, 31(6), pp. 652–678. doi:10.1002/smj.831.
• Al-Laham, A. and Souitaris, V. (2008). Network embeddedness and new-venture internationalization: Analyzing international linkages in the German biotech industry. Journal of Business Venturing, 23(5), pp. 567–586. doi:10.1016/j.jbusvent.2007.09.001.
• Zhang, J., Souitaris, V., Soh, P.H. and Wong, P.K. (2008). A contingent model of network utilization in early financing of technology ventures. Entrepreneurship: Theory and Practice, 32(4), pp. 593–613. doi:10.1111/j.1540-6520.2008.00244.x.
• Djokovic, D. and Souitaris, V. (2008). Spinouts from academic institutions: A literature review with suggestions for further research. Journal of Technology Transfer, 33(3), pp. 225–247. doi:10.1007/s10961-006-9000-4.
• Souitaris, V., Zerbinati, S. and Al-Laham, A. (2007). Do entrepreneurship programmes raise entrepreneurial intention of science and engineering students? The effect of learning, inspiration and resources. Journal of Business Venturing, 22(4), pp. 566–591. doi:10.1016/j.jbusvent.2006.05.002.
• Souitaris, V. and Balabanis, G. (2007). Tailoring Online Retail Strategies to Increase Customer Satisfaction and Loyalty. Long Range Planning, 40(2), pp. 244–261. doi:10.1016/j.lrp.2006.11.006.
• Zerbinati, S. and Souitaris, V. (2005). Entrepreneurship in the public sector: A framework of analysis in European local governments. Entrepreneurship and Regional Development, 17(1), pp. 43–64. doi:10.1080/0898562042000310723.
• Souitaris, V. and Cohen, M. (2003). Internet business or just business? Impact of Internet-specific strategies on venture performance. European Management Journal, 21(4), pp. 421–437. doi:10.1016/S0263-2373(03)00080-X.
• Souitaris, V. (2002). Technological trajectories as moderators of firm-level determinants of innovation. Research Policy, 31(6), pp. 877–898. doi:10.1016/S0048-7333(01)00154-8.
• Wilson, D. and Souitaris, V. (2002). Do Germany's federal and land governments (still) co-ordinate their innovation policies? Research Policy, 31(7), pp. 1123–1140. doi:10.1016/S0048-7333(01)00181-0.
• Souitaris, V. (2002). Firm-specific competencies determining technological innovation. A survey in Greece. R&D Management, 32(1), pp. 61–77. doi:10.1111/1467-9310.00239.
• Whewell, J.A. and Souitaris, V. (2001). The impact of Internet trading on the UK antiquarian and second-hand bookselling industry. Internet Research, 11(4), pp. 296–309.
• Souitaris, V. (2001). Strategic Influences of Technological Innovation in Greece. British Journal of Management, 12(2), pp. 131–147. doi:10.1111/1467-8551.00190.
• Souitaris, V. (2001). External communication determinants of innovation in the context of a newly industrialised country: a comparison of objective and perceptual results from Greece. Technovation, 21(1), pp. 25–34. doi:10.1016/S0166-4972(00)00014-6.
• Souitaris, V. and Daskalopoulos, T. (2000). Managing science and technology parks in low-tech environments: a resource-based strategic mapping framework. International Journal of Manufacturing Technology and Management, 2(1/2/3/4/5/6/7), pp. 0–0. doi:10.1504/IJMTM.2000.001388.
• SOUITARIS, V.A.N.G.E.L.I.S. (1999). RESEARCH ON THE DETERMINANTS OF TECHNOLOGICAL INNOVATION: A CONTINGENCY APPROACH. International Journal of Innovation Management, 03(03), pp. 287–305. doi:10.1142/S1363919699000153.
• Souitaris, V. and Pujari, D. (1998). Strategic environmental management in the Greek chemical industry: results from an exploratory study of selected companies. Business Strategy and the Environment, 7(3), pp. 134–149. doi:10.1002/(SICI)1099-0836(199807)7:3134::AID-BSE1473.0.CO;2-T.

Editorial Activities (10)

• Member of the editorial board of the Journal of Management Studies, Editorial board member, Jan 2017 – present.
• Entrepreneurship Theory and Practice, Member of Editorial Board, 2015 – present.
• Academy of Management Journal, Referee, 2012 – present.
• Organization Science, Referee, 2010 – present.
• Strategic Management Journal, Referee, 2010 – present.
• Journal of Business Venturing, Referee, 2004 – present.
• Research Policy, Referee, 2004 – present.
• European Management Journal, Member of Editorial Board, 2003 – 2011.
• Long Range Planning, Referee, 2003 – present.
• R&D Management, Referee, 2002 – present.