Dr. Ramakrishna Velamuri

Professor & Dean School of Management emaiolsrvelamuri@mahindrauniversity.edu.in

Dr. S. Ramakrishna Velamuri is Professor of Entrepreneurship and Dean at the School of Management, Mahindra University.

Professor Velamuri’s primary expertise is Entrepreneurship. His research focuses on entrepreneurial opportunity recognition and evaluation, entrepreneurial resource mobilization, business model innovation, firm growth, entrepreneurial teams, business ethics including stakeholder theory and ethical decision making. He has published extensively in peer-reviewed academic journals and his research is highly cited. Professor Velamuri has written several award-winning business cases in addition to making business presentations in academic and industrial settings.

Youtube Link: https://www.youtube.com/watch?v=tABN62xgd-A

Youtube Link: https://www.youtube.com/watch?v=aeASA0G6qLw


  • PhD – Entrepreneurship, Business Ethics, and Strategy, 1999-2003
    Darden Graduate School of Business, University of Virginia, USA
    Dissertation title: “Corruption and Entrepreneurship”
    Committee: Professors S. Venkataraman (advisor), R. Edward Freeman, S. Sarasvathy, and Patricia H. Werhane
  • MBA - Bilingual Program, 1983-1985
    IESE Business School (University of Navarra), Barcelona, Spain'
  • Bachelor of Commerce (B.Com), 1980-1983 (First class)
    Ramakrishna Mission Vivekananda College, University of Madras, India
  • Entrepreneurship Colloquium for Participant Centered Learning (ECPCL), 2005
    Harvard Business School, USA

Academic Experience

  • Professor and Dean, School of Management, Mahindra University, Hyderabad, India, March 2021 to date
  • Chengwei Ventures Professor of Entrepreneurship - China Europe International Business School (CEIBS), Shanghai, PRC, March 2018 to February 28th, 2021
    • Chair, Strategy and Entrepreneurship Department (March 2019 to date)
    • Chair, CEIBS Research Committee – 2017 to 2019
    • Member, CEIBS Research Committee – 2011 to 2017
    • Member, CEIBS Faculty Evaluation Committee – 2018 to 2019
  • Professor of Entrepreneurship - China Europe International Business School (CEIBS), Shanghai, PRC, September 2010 to February 28th, 2021
    • Academic Director, CEIBS Global EMBA – March 2010 to August 2012 (CEIBS’s ranking in the Financial Times Global EMBA rankings went up from 18th in 2010 to 7th in 2012).
    • Chair, Strategy and Entrepreneurship Department – March 2012 to September 2015
    • Academic Director – CEIBS Center for Entrepreneurship and Investment – November 2011 to December 2015
  • Associate Professor of Entrepreneurship – CEIBS, September 2007 to August 2010
  • Assistant Professor of Entrepreneurship – IESE Business School, Barcelona, Spain, September 2003 to August 2007
    • Academic Director, IESE Global EMBA Program - March 2006 to August 2007
  • Visiting Professor, Indian School of Business, Hyderabad, 2004 to date
  • Visiting Professor, Frankurt School of Finance and Management, 2016 to date
  • Visiting Professor, Bocconi University, 2017 to date
  • Visiting Professor, N. S. Raghavan Center for Entrepreneurial Learning, Indian Institute of Management, Bangalore - September 2013 to February 2014 

Doctoral supervision / committee

  • Dissertation supervisor – Edward Mungai, IESE Business School, 2007 (summa cum laude)
  • External examiner – Anusha Ramesh, Indian Institute of Management, Bangalore, 2014
  • Currently supervising Sarah Muigai, Strathmore University, Nairobi, Kenya


  • Member of the Editorial Advisory Board, Management and Organization Review, 2016 –
  • Member of the Editorial Advisory Board, Journal of Management Studies, 2021-
  • Member of the Editorial Board, Journal of Business Venturing, 2006 - 2013
  • Ad hoc reviewer - Management Science, Journal of Management, Academy of Management Review, Entrepreneurship Theory and Practice, Strategic Entrepreneurship Journal, Long Range Planning, Research Policy, Corporate Governance and International Journal of Emerging Markets
  • Reviewer – Academy of Management Annual Meetings – Business Policy and Strategy, Organization and Management Theory and Entrepreneurship Divisions
  • Reviewer – Strategic Management Society, 2004 Conference, Puerto Rico
  • Reviewer – EISB 2004 Conference, Turku, Finland
  • Executive Committee Member - Entrepreneurship, Innovation and Small Business Network of the European Foundation for Management Development, 2006-2007
  • Co-Chair – 35th EISB Conference, IESE Business School, September 12-14, 2005

Service to Institution 

  • Chair, Strategy & Entrepreneurship Department, CEIBS, March 2019 – February 2021
  • Convener of the China-India Cooperation Forums at CEIBS, in partnership with the Consulate General of India in Shanghai and Tata Sons China, in 2009, 2011, 2012, 2013, 2016 and 2018
  • Chair of the CEIBS Research Committee, 2017 - 2019
  • Member, CEIBS Faculty Evaluation Committee, 2018-2019
  • Chair, Strategy & Entrepreneurship Department, March 2012 – October 2015
  • Academic Director, CEIBS Center for Entrepreneurship and Investment, November 2011 – December 2015
  • Member of the Executive Committee, CEIBS-Chengwei Venture Capital Fund, since 2011
  • Member of the CEIBS Research Committee, 2011 - 2017
  • Member of the CEIBS Doctoral Committee (for Coordinated PhD program in collaboration with IESE Business School), 2011 - 2015
  • Academic Director, Global EMBA, March 2010 to August 2012
  • Co-Academic Director, CEIBS-IESE-Wharton Latin American CEO Program 2009 and 2010
  • Academic Director, IESE Global Executive MBA Program, 2006-2007
  • Academic Director, IESE Short Focused Program on Entrepreneurial Management (in Spanish), 2004 and 2005
  • Academic Director, IESE Henkel Adhesives Technologies Entrepreneurship and Innovation and Profitable Growth Programs, 2005, 2006, 2007, 2008 (eight editions rated 4.3 to 4.6 on a scale of 1-5)
  • Academic Director, IESE Inside India Program in partnership with ISB 2006, 2007, 2008 (Rated 4.5 - 4.7 on a scale of 1-5)
  • Team Leader, IESE MBA First Year Section B
  • Member of the Advisory Council, IESE Center for Family Business and Entrepreneurial Initiative
  • Member of the IESE Steering Committee of the European Association for Business in Society (EABIS) project on mainstreaming business ethics into the MBA curriculum

Teaching and executive education experience

CEIBS (September 2007 to date)

  • MBA Program, Entrepreneurial Management (1st Year Core)
  • MBA Program, Starting New Ventures (2nd Year Elective)
  • MBA Program, Negotiation (2nd Year Elective)
  • MBA Program, Business Ethics and Corporate Governance (1st Year Core)
  • EMBA – Negotiation Skills (2nd Year Elective)
  • EMBA – Entrepreneurial Management (2nd Year Elective)
  • Global EMBA – Entrepreneurship and Innovation (Core)
  • EMBA – Corporate Governance and Ethics
  • EE Open Program – Negotiation and Decision Making
  • EE Global CEO Program, in partnership with the Wharton School and IESE Business School – China and India
  • EE (Custom Program) – Negotiation for Tencent
  • EE (Custom Program) – Negotiation for China Development Bank
  • EE (Custom Program) – Entrepreneurship & Innovation for Carlsberg
  • EE (Custom Program) – Entrepreneurship & Innovation for Bosch
  • EE (Custom Program) – Entrepreneurship & Innovation for Evonik
  • EE (Custom Program) – Entrepreneurship & Innovation for Buhler
  • EE (Custom Program) – Entrepreneurship & Innovation for Roche
  • EE (Custom Program) – Innovation for Diebold
  • EE (Custom Program) – Strategic Negotiation for Shandong Gold
  • EE (Custom Program) – Strategic Negotiation for the State-owned Asset Supervision and Administration Commission (SASAC)

IESE Business School, Barcelona, Spain (2003 to 2009)

  • MBA Program, Entrepreneurship – Starting New Ventures (2nd Year Elective)
  • MBA Program, European Entrepreneurship Accelerator, in partnership with INSEAD (2nd Year Elective)
  • MBA Program – Negotiation (1st Year Core)
  • Doctoral Program – One-week seminar in Entrepreneurship
  • Program for Management Development (PMD) – Negotiation
  • General Management Program – Entrepreneurship module (in Spanish)
  • Focused Program on Entrepreneurial Management – 3 days (in Spanish)
  • International Faculty Development Program – Entrepreneurship Module
  • CEO Collaborative Forum (30 venture capital backed CEOs of high growth technology ventures)
  • Henkel Adhesives Technologies and Profitable Growth Programs – Entrepreneurship Module (Academic Director)
  • Telefonica – Entrepreneurship and Innovation
  • Abbott Laboratories – Values and Value Creation
  • Comunidad de Madrid (Government of Madrid) – Negotiation
  • Grupo Santander – Entrepreneurship
  • Grupo BBVA – Values and Value Creation
  • Goodyear Dunlop – Negotiation
  • Vodafone Egypt – Managing High Growth
  • Reykyavik University Executive MBA - Negotiation

Visiting Professor

  • Frankfurt School of Finance and Management (full-time MBA, part-time MBA, and Executive MBA), 2016 to date
  • Bocconi University, Global Executive MBA, 2017 to date
  • International Anti-Corruption Academy (IACA), Laxenburg, Austria (2013 to date) – Master Program in Anti-Corruption Studies (MACS)
  • Indian School of Business (2004 to date) – PGP (equivalent to one-year full time MBA), PGPMAX (modular EMBA), Center for Executive Education and EEDC
  • Ahmedabad University, Ahmedabad, India – working with faculty for building capacity in teaching entrepreneurship, writing entrepreneurship cases, and conducting entrepreneurship research
  • Gordon Institute of Business Science (GIBS) Program for UNICEF, Hong Kong, Prague, Kathmandu
  • PAD, Lima, Peru (2004 - 2006)
  • Universidad de Piura - Piura, Peru (2004 - 2006)
  • IPADE – Mexico City, Mexico (2006)
  • IEEM, University of Montevideo, Uruguay (2006)
  • McIntire School of Commerce, University of Virginia – Undergraduate program: January – May 2001
  • Boston University, Zaragoza, Spain - Master of Science in Management Program: From 1993 to 1995
  • The ENPC MBA Program in Kochi, India (run by the Ecole Nationale des Ponts et Chaussées, Paris): 1996
  • The University of Saarland, Saarbrücken, Germany: MBA Program. From 1997 to 2006
  • Universitaetsseminar der Wirtshaft (USW), Erfstadt, Germany. 1998 and 1999. Modules on Strategic Management for Felix Schoeller AG and on Post Merger Integration for Degussa-Huels
  • IEDC, Slovenia. 1998

Participation in corporate events and outreach activities

  • Speaker on the topic “China India Economic Relationship: Opportunities and Challenges”, Shanghai, at an event for the senior partners of J Sagar Associates, one of India’s largest law firms, August 14th, 2019
  • Speaker on the topic “Types of Innovation” at the Tamil Nadu E-Governance Agency, Chennai, July 19th, 2019
  • Speaker on the topic “Engaging with Startups to Drive Corporate Innovation” at the Innovation Roundtable Workshop hosted by Huawei Technologies, Shanghai, March 28, 2018
  • Speaker on the topic “Engaging with Startups to Drive Corporate Innovation and Growth” at the Corporate Venture Capital Conference organized by the European Union Chamber of Commerce in China, March 20, 2018
  • Invited speaker on the topic “Ethics and Organizational Excellence” in the workshop titled “Compliance, Conduct and Culture”, at the New Development Bank (also called BRICS Bank) headquartered in Shanghai, China, in the presence of President K. V. Kamath and the senior leadership of the organization, May 19, 2017
  • Speaker at the 5th Indian Management Conclave (attended by 300 academics) on the topic Building 50 Indian Global Business Schools by 2025, August 8-9, 2014
  • Moderator of panel discussion on the topic Compliance – Smokescreen or Reality?, with experts from leading Austrian and multi-national banks and corporations, International Anti-Corruption Academy, Laxenburg, Austria, November 2013
  • Presentation to CEOs on Business Model Innovations, Shangri-la Hotel, Shanghai, June, 2013
  • Speaker at the State Bank of India Asian General Managers Meeting chaired by Chairman Mr. Pratip Chaudhuri, Shangri-la Hotel, Shanghai 2012
  • Presentation to GE China R&D team on Corporate Entrepreneurship, Shanghai 2012
  • Speaker on Entrepreneurship in China and India at the Shanghai CEO Retreat, organized by the Global Business Policy Council, AT Kearney, June 26-28, 2011
  • Presentation on Succeeding in China to 30 Tata Group senior executives (led by Mr. B. Muthuraman, former CEO of Tata Steel), Mumbai, March 2011
  • Presentation to L&T board members on Succeeding in China, followed by meeting with Mr. A. M. Naik, Chairman of L&T, March 2011
  • Workshop on Corporate Entrepreneurship for leadership team of KEMET, Suzhou, 2011
  • Panelist in a session on Corporate Governance organized by the Compliance Cell, ICICI Bank, Mumbai, 2009
  • Speaker on Corporate Responsibility at Infosys China, Shanghai, 2008
  • Represented IESE Business School in the European Tech Investment Forums held in Milan and London in September 2003 and March 2004 respectively. These forums brought together the most promising European seed and early stage ICT ventures and the leading European venture capital firms
  • Participate regularly in coaching sessions for entrepreneurs to prepare them for presentations to angel investors and venture capitalists
  • Speaker on India: Opportunities and Challenges at a number of events organized by IESE, the Confederation of Spanish Chambers of Commerce, Spanish Institute for Export Promotion (ICEX), CECOT, Banc Sabadell, Casa Asia, AMEC, Tribuna Girona, University of Piura (Peru) and the University of Montevideo (Uruguay) - 2003-2007

Consulting and Board Experience (1991 – to date)

  • EY Strategic Growth Markets Practice: Member of the Knowledge Advisory Board, 2015 to 2016
  • Scancorner AG: Member of the Board of Directors, 2012 to 2018
  • i2bi IT Consulting Private Ltd: Member of the Board of Directors, 2009 to 2015
  • National Entrepreneurship Network, India: Participated as a facilitator in faculty development workshops in Mumbai and Bangalore under the Goldman Sachs 10,000 Women Program
  • International Finance Corporation (IFC) (2005 to 2007): Worked on two projects:
  • Global Business School Network (GBSN) project with the faculty of the Lagos Business School in the development of Nigerian entrepreneurship case studies, and
  • Private Enterprise Partnership project to set up and nurture Enterprise Development Centers (EDCs) in Ghana, Kenya, Tanzania and Rwanda, based on the EDC model in Lagos, Nigeria
  • World Bank (2004): Worked with case writers in India on the development of case studies on private and public initiatives to leverage Information and Communication Technologies (ICTs) for achieving the education objectives outlined in the Millennium Development Goals
  • Management consultant (1991-1999): Carried out projects for Spanish, Indian, and American clients in the areas of market entry strategy, commercial due diligence, and purchase management services. Industries covered included automotive, apparels, food products, industrial batteries, and industrial fasteners and access systems. Certified by the Confederation of Spanish Chambers of Commerce and the Spanish Institute for Export Promotion (ICEX) to work as a consultant in the EU funded program for the internationalization of Spanish small and medium enterprises

Managerial experience (1985 – 1991)

  • Grupo Tudor, Madrid, Spain. Automotive and industrial battery manufacturer; one of the largest manufacturing companies in Spain; listed on the Madrid Stock Exchange. 1991 revenues and workforce: $700 million and 6,000 employees
  • 1985 – 1986: Assistant Area Manager, International Division, based in Madrid
  • 1986 – 1989: General Manager of the group’s UK subsidiary in Bristol, England (1989 revenues and workforce: GBP 4 million and 22 employees). Achieved cumulative annual growth rate (CAGR) of 36% over 3 years
  • 1989: Advisory position at the head office in Madrid. Participated in the post-acquisition integration of a listed company in Germany, in acquisition negotiation teams in France and England, and in the reorganization of the sales and distribution structure of the automotive battery business in Spain1990 – 1991: General Manager of a newly created division that was responsible for the group’s subsidiaries in the UK, France, Holland, and Italy (1991 divisional revenues and workforce: $45 million, 7 direct reports and 170 employees). Member of the Group Management Committee

Google Scholar citations as of December 31, 2021: 4236; (h-index: 18; i10 index: 22). Paper published in Long Range Planning 2010 and book chapter published in 2002 (Kluwer) have both crossed 1,000 Google Scholar citations. Long Range Planning article is the fourth highest cited on the topic business model innovation.  

Journal Publications

  • “Contextualizing the Sharing Economy” (with Guo Bai), forthcoming. Journal of Management Studies, special issue on the Challenges and Opportunities in the Sharing Economy. (FT50)
  • “Secondary Business Model Innovation in Emerging Economies” (with Sonia Mehrotra), forthcoming. Management and Organization Review, special issue on Business Model Innovation. (ABDC A)
  • “Seizing the Ethical High Ground: Ethical Reputation Building in Corrupt Environments,” (with S. Venkataraman and Will Harvey), 2017. Journal of Management Studies, 54(5): 647-675, (FT50)
    • Paper was one of four shortlisted for the 2017 JMS Best Paper Award
  • “Ownership Structure, Insider Behavior and the IPO Performance of SMEs in China,” (with Wilson Liu), 2017. Small Business Economics Journal, 48(3): 771-793 (ABDC A)
  • “Institutional Complexity, Organizational Filters and the Strategic Adaptation of SMEs in Transitional Environments” (with Yuan Ding and Veronique Malleret), 2016. International Journal of Emerging Markets, 11(4): 514-532 (ABDC B)
    • Earlier version of this paper received Excellent Paper award (among best three submissions out of 200), Academy of Innovation and Entrepreneurship conference organized by Oxford University and Tsinghua University in Beijing in 2009
  • “Evolution of International and Chinese Anti-Bribery and Corruption Compliance Programs”, (with Karen Schonfelder and Wilson Liu), 2016. Corporate Governance, 16(3): 437-451 (ABDC C)
  • “Creating Values Through Corporate Venture Capital Programs: The Choice between Internal and External Fund Structures” (with Paul Asel and Haemin Dennis Park), Journal of Private Equity, Winter 2015 issue, 1-10 (ABDC C)
  • “Doing Well to do Good: Business Model Innovation for Social Healthcare”, (with Priya Anant and Vasantha Kumar), Advances in Strategic Management, 2015, Volume 33 on Business Models and Modelling, 279-308, edited by Charles Baden-Fuller, Vincent Mangematin and Brian Silverman (ABDC C)
  • Earlier version of this paper received the best paper award (INR50,000) at the 2012 Annual Global Conference on Entrepreneurship and Technology Innovation held at the Indian Institute of Technology (IIT), Kanpur
  • “Managing in Different Growth Contexts” (with Julia Prats and Marc Sosna), California Management Review, 54(4), Summer 2012: 118-142 (ABDC A)
  • “Parental Entrepreneurial Role Model Influence: Is it Always Positive and When Does it Occur?” (with Edward Mungai), 2011. Entrepreneurship Theory and Practice, 35(2): 337-357 (FT50)
  • “Business Model Innovation Through Trial and Error Learning: The Naturhouse Case” (with Rosa Nelly Trevinyo-Rodriguez and Marc Sosna), 2010. Long Range Planning, 43(2&3): 383-407, special issue on Business Models (ABDC A)
  • “Evolutionary Processes, Moral Luck and the Ethical Responsibilities of the Manager,” (with Nicholas Dew). 2010. Journal of Business Ethics, 91(1): 113-126 (FT50)
  • "States, power, legitimacy and maintaining institutional control: The battle for private sector telecommunication services in Zimbabwe" (with Jerry Goodstein), 2009. Organization Studies, 30(5): 489-508 (FT50)
  • “Why Stakeholder and Stockholder Theories are Not Necessarily Contradictory: A Knightian Insight,” (with S. Venkataraman), 2005. Journal of Business Ethics, 61(3): 249-262 (FT50)
  • “Dispersed Knowledge and an Entrepreneurial Theory of the Firm” (with Nicholas Dew and S. Venkataraman), 2004. Journal of Business Venturing, 19(5): 659-679 (FT50)
  • “The Design of Member Review: Showing What to Organization Members and Why,” (with Karen Locke), 2009. Organizational Research Methods, 12(3): 488-509 (ABDC A*)
  • “The Potential for Management Development in NGO-Private Sector Partnerships,” (with Anjaney Borwankar), 2009. Journal of Management Development, 28(4): 326-343 (ABDC C)
  • “EasyFinance: Developing the Capacities for Growth,” 2009. International Review of Entrepreneurship (formerly International Journal of Entrepreneurship Education), Volume 7(4)
  • “South Beauty: In Quest of a Beautiful Growth Story”, (with Xu Leiping), 2009. Asian Case Research Journal, 13(2): 229-273
  • “Resisting Corruption: Polyhydron Private Limited”, (with Marc Sosna), 2008. International Journal of Entrepreneurship Education, 6(4): 199-216
  • “Toehold Artisans Collaborative: Building Entrepreneurial Capabilities for Poverty Reduction,” (with Sindhu Shanmugam), 2008. Asian Case Research Journal, 12(2): 187-213
  • “An Empirical Study of the Transition from Paid Work to Self-Employment,” (with S. Venkataraman), 2005. Journal of Entrepreneurial Finance and Business Ventures, 10(1): 1-16
  • “Entrepreneurship, Altruism, and the Good Society,” 2002. special issue The Ruffin Series No. 3

Book, book chapters and book review

  • "GoCoop: Leveraging Technology to Impact the Lives of the Rural Poor", (with G. Sabarinathan), forthcoming in Poonamallee, Latha., Scillitoe, Joanna., and Joy, Simy (eds), SocioTech Innovation: Harnessing Technology for Social Good. Palgrave Macmillam.
  • “Business Ethics in South Asia: Gandhian Trusteeship and its Relevance for the 21st Century”, forthcoming in Eugene Heath, Byron Kaldis and Alexei Marcoux (eds), The Routledge Companion to Business Ethics.
  • “Entrepreneurship in Emerging Regions Around the World: Theory, Evidence and Implications,” May 2008, (co-editor, with P. H. Phan and S. Venkataraman), Edward Elgar Publishing
  • “Corruption and Moral Risk in Business Settings,” (with Patricia H. Werhane and D. Eric Boyd) in Marc Epstein and K. Hanson (eds.) The Accountable Corporation, Volume 2 Business Ethics, Praeger Publishing, 2005
  • “A New Approach to CSR: Company Stakeholder Responsibility,” (with R. Edward Freeman) – in Andrew Kakabadse and Mette Morsing (eds.) Corporate Social Responsibility: Reconciling Aspiration with Application, Palgrave MacMillan, pages 9-23. 2006
  • “European Entrepreneurship – From Deterministic Government Policy to Market Experimentation” (with Marc Sosna) – in Strategic Management: New Rules for the Old Europe, edited by Christian Scholz and Joachim Zentes (Betriebswirtschaftlicher Verlag Dr. Th. Gabler), 2006
  • “Opportunity Recognition and Exploitation in Highly Uncertain Environments,” in C. Scholz and J. Zentes (eds.) Strategic Management: A European Approach, Wiesbaden: Betriebswirtschaftlicher Verlag Dr. Th. Gabler GmbH, 2002
  • “Three Views of Entrepreneurial Opportunity,” (with Saras Sarasvathy, S. Venkataraman, N. Dew) in Zoltan Acs and David Audretsch (eds.) Handbook of Entrepreneurship, Kluwer Academic Publishers, 2002
  • “Taking Research to Market: How to Build and Invest in Successful University Spinouts,” edited by Kenny Tang, Ajay Vohora and Roger Freeman. Book review (with Pere Condom) in Universia Business Review (Spanish)

Manuscripts under review / working papers

  • “Balancing Value Creation and Value Capture in Business Models: The Role of Unit Economics”, (with Ramon Casadesus-Masanell and Dora Horvath), to be submitted
  • “Means-Ends Strategies for Tackling Crises in Dominant-Logics: A Tale of Two Railways”, (with Meng Zhao and Zeynep Yetis), under review
  • “Corporate Entrepreneurship Through Inward Internationalization in a Small Emerging Economy”, (with Patricia Afful-Kwaw), preparing for submission
  • “Family Involvement and Firm Innovation: A Study of Chinese Publicly Listed Firms”, under review
  • “The Luck Factor in Entrepreneurship and Management Theories”, (with Nicholas Dew), preparing for submission
  • “Entrepreneurship Without Opportunity Identification: How and Why Individuals Leave Paid Employment to Join Existing New Ventures”, (with Suresh Bhagavatula and Edward Mungai), preparing for submission
  • “Catalysts for Change: An Empirical Study of Positive Deviance”, (with Janhavi Kote), preparing for submission
  • “Comeback Founders: The Case of Infosys Technologies”, (with K. Kumar, Paresha Sinha, Nitu Nathani), preparing for submission

Research presentations

  • “Entrepreneurship, Altruism, and the Good Society”. Tenth Annual Global Entrepreneurship Research Conference, Imperial College of Science, Technology, and Medicine, London, March 2000
  • “Entrepreneurial Opportunity Recognition, Discovery, and Creation” (with Nicholas Dew, Saras Sarasvathy and S. Venkataraman). Strategic Management Society Conference, Vancouver, Canada, October 2000
  • “The Influence of Opportunity Cost on the Self-Employment Decision” (with S. Venkataraman). Eleventh Annual Global Entrepreneurship Research Conference, EM Lyon, France, April 2001
  • “The Responsibilities of the Ethical Actor under an Evolutionary Perspective.” Society for Business Ethics Annual Meeting, Washington DC, USA, August 2001
  • “Dispersed Knowledge and an Entrepreneurial Theory of the Firm.” Lally-Darden Entrepreneurship Retreat, Warrenton, USA, February 2002
  • “The Role of the Entrepreneur’s Ethical Values in the Stakeholder Network Emergence of New Ventures.” EISB Conference, Milan, Italy, September 2003
  • “The Role of Ethical Values in the Stakeholder Network Emergence of Entrepreneurial Ventures.” Babson Kaufmann Entrepreneurship Research Conference, University of Strathclyde, Glasgow, Scotland. June 2004
  • “Resisting the Resistance: An Empirical Study of Organizational Defiance and Institutional Response”, Academy of Management, New Orleans, August 6-11, 2004
  • “Member Checking: Reflections from a Qualitative Case Study,” Academy of Management, New Orleans, August 6-11, 2004
  • “Seizing the Ethical High Ground: Ethical Reputation Building in Corrupt Environments”, Nottingham University, Ningbo, November 7, 2012
  • “Do Venture Capitalists Add Value to IPOs? Evidence from Listings in Mainland China”, Peking University-HSBC Business School, November 28, 2012
  • “Seizing the Ethical High Ground: Ethical Reputation Building in Corrupt Environments”, Indian Institute of Management, Bangalore, December 6, 2013
  • “China-India Overview”, Panelist at the Strategic Management Society special conference in India, Indian School of Business, Mohali Campus, December 17, 2013

  • Entrepreneurship
  • Opportunity recognition and evaluation
  • Resource mobilization
  • Business model innovation
  • Firm growth
  • Entrepreneurial teams
  • Business Ethics
  • Stakeholder theory
  • Ethical decision making

Publications in popular and business press

  • “What does India need to do to ace manufacturing”, Outlook Business, August 26, 2020
  • “Covid versus lockdowns: Question of costs,” Hindu Business Line, July 2, 2020
  • “Covid-19 numbers should be seen in context,” Hindu Business Line, June 9, 2020
  • “Economic activities must be restored: China’s model shows us how,” Hindustan Times, May 2, 2020
  • “Three Management Rules for Economic Downturns,” Caixin, April 20, 2020
  • “The Role of Values in Economic Value Creation,” (with Will Harvey) The European Business Review, November-December 2017, 70-74
  • “Improving Rural Livelihoods Through E-Commerce: The GoCoop Experience”, (with Siva Devireddy and G. Sabarinathan), The European Business Review, August 2017
  • “Being an Ethical Business in a Corrupt Environment”, (with Will Harvey and S. Venkataraman), Harvard Business Review, online edition, March 23, 2017
  • “India talent pool can help drive China’s growth”, Global Times, March 26, 2017
  • “How China-India trade can hit US$ 500 billion”, Global Times, November 10, 2016
  • “Six Myths About Entrepreneurship”, (with Rupert Merson), Economist Intelligence Unit, April 29, 2016
  • “Change the Architecture”, in Management Masterclass, Business Today, April 26, 2015
  • “OCT Mami: Balancing Online and Offline”, case study, Business Today, April 12, 2015
  • “Mr. Ji’s Hard Climb up China’s Hotel Pyramid”, Business Today, May 10, 2015
  • “Internationalizing Indian B-Schools”, Financial Express, August 4, 2014
  • “Management of State-Owned Enterprises: The Case of Indian Railways”, in The Link, alumni magazine of CEIBS. A Chinese version of this article appeared in the CEIBS Business Review, 2013
  • “Holistic Decision Making and Long Term Firm Performance”, (with M. A. Arino and J. C. Vazquez-Dodero) in Rotman Magazine, Winter 2010, 101-104
  • “Achieving High Growth in a Mature Market: The Naturhouse Case,” in Universia Business Review
    *Chinese version published in CEIBS Business Review
  • “European High-Growth Technology Companies: Turning Challenges Into Opportunities For Global Expansion,” (with Dave Darsch and Marc Sosna), Summer 2007, Market500
  • “Developing Global Managers,” (with Paddy Miller), August 1997, The Financial Times, Mastering Management section
  • “Entrepreneurship as a Core Competence in the Large Corporation (with Michele Appendino), in The CriticalEye Review, Spring 2006 issue
  • “El Outsourcing Industrial,” November 1993 in Actualidad Económica
  • “También se puede ser feliz con el dragón,” December 19, 2004 in La Vanguardia
  • “La Identificación de Oportunidades Emprendedoras,” April 12, 2005 in Diario Financiero, Chile
  • “El Poder Económico,” (with Kimio Kase, Jaume Ribera, and Pedro Videla) in La VanguardiaDossier – Asia: El Poder del Siglo XXI, July-September 2005 

Quoted in / interviewed by: Inc magazine (USA), Financial Times UK, PBS, LA Times, Seattle Times, SF Gate, Times of India, Economic Times, The Hindu, Outlook Business, Business Today, BusinessLine, Global Times, China Daily, El Pais, La Vanguardia, Actualidad Economica and others

Prize Winning and Bestselling Case Studies

  • Chasm Security (A, B, C): Facing the Technology Startup’s Dilemmas(with Vincent Chang and Liman Zhao) – 2019. Winner of the Best Case Award in the Global Contest for Best China-focused Cases
  • LV Prasad Eye Institute– 2012. Winner of ISB-Ivey Case Competition in the category Entrepreneurship and Family Business, sponsored by the Thomas Schmidheiny Chair of Family Business and Wealth Management
  • Naturhouse – 2004. IESEBest Selling Case Collection & ECCH Prize Winner
  • South Beauty: In Quest of a Beautiful Growth Story - 2008, (with Raymond Xu). EFMD Case Writing Competition, Winner of Category: Emerging Chinese Global Competitors, 2008
    • A summary of this case was published in CEIBS Business Review
    • Published in “Strategic Management: Competitiveness and Globalization”, 9thEdition, Michael Hitt, Duane Ireland, Robert Hoskisson (eds), Cengage Learning - 2010
  • EasyFinance:Building the Capabilities for Growth – 2008, (with Fu Xin). ECCH Best Selling Case, 2009
    • A summary of this case was published in CEIBS Business Review
    • Talent Dry Cleaners – 2006, (with Frank Ojadi). Lagos Business School Case. ECCH Best Selling Case 2009

Case Studies

  • Turnaround Management: Finanzauto S. A. (with Paddy Miller) – 1998
  • Enso Española (A) and (B), (with Paddy Miller) – 1998
  • Alois Linder at Henkel Iberica (with Paddy Miller)1999, for use only in Henkel Programs
  • Enso Española (A) and (B) (with Paddy Miller)- 1998
  • Resisting Political Corruption: Econet Wireless Zimbabwe (Research Case Study) - 2003
  • Resisting Political Corruption: Econet Wireless Zimbabwe (with Jordan Mitchell)(A), (B) and (C) – 2003
  • Resisting Bureaucratic Corruption: Alacrity Housing Chennai (Research Case Study)
  • Resisting Bureaucratic Corruption: Alacrity Housing Chennai (with Jordan Mitchell)(A) and (B) – 2004
  • Resisting Bureaucratic Corruption: Polyhydron - 2006(with Marc Sosna)
  • Grafinsa – 2004 (with Paddy Miller, unpublished)
  • Kürt Rt.– 2005 (with Jordan Mitchell)
  • Camper: Imagination is not Expensive – 2007 (with Jordan Mitchell)
  • N-Logue Communications: Bridging the Digital Divide (with Indira Ananth), Indian School of Business case - 2005
  • Infosys Technologies: Powered by Intellect, Driven by Values – 2005 (with Jordan Mitchell)
  • Mittal Steel: The Making of the World’s Largest Steel Company (A) and (B) – 2005 (with Jordan Mitchell)
  • Airtel-Vodafone(with Jordan Mitchell) - 2006
  • Henkel Water Treatment (with Jordan Mitchell) – 2006 (unpublished)
  • Ericsson Expander- 2006(with Anindya Ghosh)
  • Claris Life Sciences
  • Fight for Survival:The First Year of the Hongfeng Hanyuan Consulting Company– 2008, (with Fu Xin)
  • Qingfeng Textile Company: The Challenges of Recruiting, Training and Retaining Talent in SMEs- 2009, (with Fu Xin)
  • A summary of this case was published in CEIBS Business Review with 3 commentaries
  • Swagruha Foods– 2008, ISB Case
  • Ashta Chamma: The Biggest Small Budget Movie Ever Made (A) and (B) – 2009, ISB Case
  • Golden Star Facilities and Services – 2009, ISB Case
  • Law School Tutorial – 2009, ISB Case
  • CEIBS: A Global Business School Made in China (with John Quelch and Gary Liu) – 2010, Harvard Business School Case
  • Longcheer Holdings: Building Organizational Capabilities – 2010, CEIBS Case
  • Small Snack, Big Business: The Story of Jiujiuya (A), (B), (C) – 2010, CEIBS Case
  • LifeSpring Hospitals – 2011, CEIBS-Ivey Case
  • LV Prasad Eye Institute – 2011, ISB-Ivey Case
  • Noah Wealth Management – 2012, CEIBS Case
  • Published in Emerald Emerging Markets Review
  • Abridged version published in Financial Times
  • China Lodging Group: Moving up the Pyramid, 2014, CEIBS Case
  • OCT Mami: Balancing the Online and Offline Businesses
  • China Precision Technology Group: The Constant Hunt for Entrepreneurial Opportunities – 2015, CEIBS-Ivey Case
  • JustBooks – 2015, CEIBS-IIM Bangalore Case
  • Hotelvp – 2015, CEIBS-Ivey case
  • com – 2015, CEIBS-Ivey case
  • Phonewin: Winning in Rural Markets – 2016, CEIBS case
  • River Security – 2016, CEIBS case
  • GoCoop: Social Marketplace – 2017, IIM Bangalore case
  • Ichido: Growth Challenge – 2018, CEIBS audio-visual case
  • Negotiating a Shareholding Dispute – 2019, CEIBS case
  • Huawei’s Mobile Innovation Centers (MICs) – 2019, CEIBS case
  • Yi Technology – 2019, CEIBS case
  • Chasm Security (A), (B), (C) – 2020, CEIBS case

  • 2019 Global Contest for Best China Focused Cases, Best case award for “Chasm Security (A/B/C): Facing the Technology Startup’s Dilemmas,” (co-authored with Vincent Chang and Liman Zhao), prize of CNY 100,000
  • 2012 ISB-Ivey Case Competition in the category Entrepreneurship & Family Business (sponsored by the Thomas Schmidheiny Chair in Family Business and Wealth Management at ISB) for the case “LV Prasad Eye Institute” (co-authored with Vasanth Kumar and Wei Zhang)
  • CEIBS Research Excellence Award (one of two awardees), 2011
  • 2008 European Foundation for Management Development (EFMD) Case Competition in the category Emerging Chinese Global Competitors (2,000 Euros prize) for the case “South Beauty: In Quest of a ‘Beautiful’ Growth Story,” (co-authored with Xu Leiping). 2009
  • IESE Alumni Association Research Excellence Award of 10,000 Euros (one of four awardees) for “contributions made over the last three years to academic publications with international reach, and for consistent research trajectories.” 2005
  • Batten Institute Doctoral Scholarship at the Darden Graduate School of Business, University of Virginia. 1999-2003
  • Darden Foundation Awards for academic articles written during the Doctoral Program. 1999-2003
  • Three Goethe Institut Tuition Scholarships for excellence in German language study. 1981-1983


  • English Fluent
  • Spanish Fluent
  • Hindi Good
  • Telugu Good (spoken)
  • Tamil Good (spoken)
  • German Good (passed Mittelstufe II)
  • French Conversational
  • Mandarin Basic