Thomas ASTEBRO

Professor

Economics and Decision Sciences

astebro@hec.fr
Profile picture

Biography

Thomas Åstebro is the L'Oreal Professor of Entrepreneurship at HEC Paris; Academic Director CDL Paris, and former Academic Director, HEC Online Master in Innovation and Entrepreneurship; co-Director Entrepreneurship Track HEC MBA Program, Academic Director of the HEC Leadership Center; member of the Steering committee HEC Management Research Group; and member of the Steering and Curriculum committees in the MBA Program at HEC. He is listed in Marquis Who's Who in the World , is among the top 1 percent most downloaded authors on www.ssrn, has made over 200 presentations, published over 40 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 Editor at Small Business Economics and Associate Editor at  Management Science. He has previously held positions at University of Waterloo, University of Toronto, and KU Leuven.

Scientific articles

Seeking the Roots of Entrepreneurship: Insights from Behavioral Economics

Journal of Economic Perspectives, Summer 2014, vol. 28, n° 3, pp 49-70, (in coll. with H. HERZ, R. NANDA, R. WEBER)

The entrepreneurial earnings puzzle: Mismeasurement or real?

Journal of Business Venturing, January 2014, vol. 29, pp 88-105, (in coll. with J. CHEN)

Classification models via Tabu search: An application to early stage venture classification

Expert Systems with Applications, December 15 2014, vol. 41, n° 18, pp 8085-8091, (in coll. with S. ELHEDHLI, C. AKDEMIR)

Does academic entrepreneurship pay?

Industrial and Corporate Change, February 2013, vol. 22, n° 1, pp 281-311, (in coll. with P. Braunerhjelm, A. Broström)

More than a Dummy: The Probability of Failure, Survival and Acquisition of Private Firms in Financial Distress

European Management Review, Spring 2012, vol. 9, n° 1, pp 1-17, (in coll. with J. Winter)

Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy

Research Policy, december, 2 2012, vol. 41, n° 4, pp 663-677, (in coll. with N. BAZZAZIAN, S. Braguinsky)

Bound and Collapse Bayesian Reject Inference for Credit Scoring

Journal of the Operational Research Society, October 2012, vol. 63, n° 10, pp 1374-1387, (in coll. with G. Chen)

Stars and Misfits: Self-Employment and Labor Market Frictions

Management Science, November 2011, vol. 57, n° 11, pp 1999-2017, (in coll. with P. Thompson, J. Chen)

Entrepreneurs: Jacks of all Trades or Hobos?

Research Policy, June 2011, vol. 40, n° 5, pp 637-649, (in coll. with P. Thompson)

Entrepreneurs Seeking Gains: Profit Motives and Risk Aversion in Inventors' Commercialization Decisions

Journal of Economics and Management Strategy, 2010, vol. 19, n° 4, pp 863-888, (in coll. with K. Simons)

Chapters in edited books

Proceedings

Working papers

Scientific articles

The Impact of Overconfidence and Ambiguity Attitude on Market Entry

Organization Science, March - April 2020, vol. 31, n° 2, pp 308-329, (in coll. with C. GUTIERREZ, T. OBLOJ)

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

Industrial and Labor Relations Review_ILR Review, October 2019, vol. 72, n° 5, pp 1094-1122, (in coll. with B. BRAGUINSKY, P. BRAUNERHJELM, A. BROSTRÖM)

Gross, net, and new job creation by entrepreneurs

Journal of Business Venturing Insights, November 2017, vol. 8, pp 64-70, (in coll. with J. TAG)

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,

Chapters in edited books

Proceedings

Working papers

The Effects of a Training Program to Encourage Social Entrepreneurship

Cahier de Recherche du Groupe HEC , 2016

Academic Entrepreneurship: Bayh-Dole versus the 'Professor's Privilege'

Cahier de Recherche du Groupe HEC , 2015

Classification Models Via Tabu Search: An Application to Early Stage Venture Classification

Cahier de Recherche du Groupe HEC , 2015

Seeking the Roots of Entrepreneurship: Insights from Behavioral Economics

Cahier de Recherche du Groupe HEC , 2015

Education

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

Scientific Activities

Membership in Academic or Professional Organisation

  • Member of the Executive Committe, SEI (Strategy, Entrepreneurship and Innovation)
  • Member of selection committee, Canadian Young Entrepreneur Award

Editorial activities

  • March 2016- Editor, Small Business Economics
  • 2015- Associate Editor, Management Science
  • 2014- Advisory Editor, Research Policy
  • January 2011-January 2013 Associate Editor, European Management Review
  • 2001- Chief Academic Review Officer, TIM Division, Administrative Sciences Association of Canada
  • Advisory Editor, Industrial and Corporate Change

    • 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- Membre du Comité Organisation du Workshop 2011 de SEI (Strategy, Entrepreneurship and Innovation)
  • 2010-2010 Organizer 2nd HEC Entrepreneurship workshop on Academic Entrepreneurship
  • 2009-2009 Organizer 1st HEC Entrepreneurship workshop on Entrepreneurial Entry

    • Awards & honors

    • 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 National Award: NSERC/SSHRC/CIBC Associate Chair in Management of Technological Change.
    • 1991 1994 - National Scholarship: Jan Wallander and Tom Hedelius Foundation for Research in the Social Sciences
    • 1991 National Scholarship: The Sweden-America Foundation.
    • 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.