Description
Major subject in business strategy and international marketing, minor subject in work psychology and leadership.
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Department of Business Administration
CURRICULUM VITAE
Thomas Keil
University of Zurich
Department of Business Administration
Chair of International Management
Seilergraben 53
CH-8001 Zurich
Switzerland
Phone: +41 44 634 5968
Email: [email protected]
EDUCATION
Doctor of Science in Technology, 2000, Helsinki University of Technology, Espoo,
Finland
Doctoral thesis “External Corporate Venturing: Cognition, Speed, and Capability
Development” approved with distinction, winner of the Helsinki University of Technology
best dissertation award for 2000.
Licentiate in Technology, 1998, Helsinki University of Technology, Espoo, Finland
Major subject in business strategy and international marketing, minor subject in work
psychology and leadership, licentiate thesis “Changing realities of relationships –
Understanding the influence of information and communication technology on small and
medium sized firm relationships” approved with distinction.
Diplom Wirtschaftsingenieur, 1996, Darmstadt University of Technology, Darmstadt,
Germany
Master of Science in Industrial Management, specialization in marketing and micro-
electronics, grade point average 1.7 (on a scale of 1 to 5 with 1 being the highest grade).
Baccalaureate, 1989, Bischof-Neumann-Schule, Königstein, Germany
Secondary school diploma. Graduated in top 10% of class.
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Department of Business Administration
WORK EXPERIENCE
Academic work experience
2013-present, University of Zurich, Zurich, Switzerland
Tenured full professor and chair for international management
2006 – 2013, Aalto University (formerly Helsinki University of Technology), Espoo, Finland
Chaired Professor of Strategic Management (tenured since 2008)
2011 (April-June), University of St. Gallen
Visiting professor at the Institute of Management
2006-2009, TKK Executive School of Business OY
Academic Director of the executive education organization of Helsinki University of
Technology; my responsibilities included program design and development of
Executive MBA programs and in-company programs.
2002 – 2006, Schulich School of Business, York University, Toronto Canada
Assistant Professor of Entrepreneurship/Policy
2002 – 2006, Helsinki University of Technology, Espoo, Finland
Docent for Corporate Venturing and Strategic Alliances
1995 – 2002, Helsinki University of Technology, Espoo, Finland
September 2001 – April 2002: Acting Professor of Industrial Management and
Director of the Institute of Strategy and International Business. I led a research
institute with 3 professors and 25 employees.
June 2001 – December 2001: Project Manager MBA Programs. I was responsible for
an elective in Infocom Management elective and supervised strategy projects.
January 2000 – April 2002: Director Infocom Management Program. I was responsible
for developing and organizing a MSc elective in Infocom Management
September 1998 – May 2001: Research Associate
September 1997 – August 1998: University Lecturer. I was the responsible lecturer for
courses on Technology-based venturing, Strategic Management in the
Telecommunications industry, Strategic Management of Technology and Innovation,
and a Seminar in Business Strategy and International Business
January 1996 – August 1997: Teaching assistant and research associate. I co-ordinated
and lectured courses on Business Strategy and Strategic Management of Technology
and Innovation
May 1995 – December 1995: Research Associate
Applied work experience
1999 – December 2011, Keil Nordic Consulting, Helsinki, Finland
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Department of Business Administration
Founder and owner of management consulting company. My work focuses on strategy
consulting and executive development with clients across a variety of industries and
geographies. Clients have included companies ranging from medium sized
corporations to global Fortune 500 firms in Europe such as Deutsche Telekom
Laboratories, Finnish Consulting Group, Nokia, Philips, and Sonera
2006-2008, TKK Executive School of Business OY
Managing Director. I managed a turnaround and grew the business profitably from Eur
1.04 Million to over Eur 1.58 Million after a previous three year decline.
2002-2006, K&K Network Consulting, Toronto, Canada
Founder and owner of management consulting company. My Clients ranged from
medium sized corporations to global Fortune 500 firms in North America such as The
Loyalty Group and Royal Bank of Canada.
1994, Epan-Leoni Pte Ltd, Singapore
3 month internship in marketing for a cable manufacturer
1993 – 1994, Andersen Consulting Arthur Andersen & Co. Unternehmensberatung GmbH,
Frankfurt, Germany
Freelance work for a consulting company. I carried out research and back office work
within consulting projects.
1992 – 1996, Junior Comtec Darmstadt e.V., Darmstadt, Germany
I worked for a student managed management consulting organization. I completed a
market research project on power-industry in Germany. I led a project in developing
instructor's handbook for business lessons in craftsman training.
1991 – 1992, Nederman GmbH, Kronberg, Germany
Summer jobs in an environmental technology company. I developed a database in the
marketing department and worked as assistant manager in the accounting and
controlling department.
1990, VDO Adolf Schindling AG, Frankfurt, Germany
Summer internship in a production department. I tested and repaired boards for
electronic speedometer.
1988, Volksbank Höchst e.G., Frankfurt, Germany
Summer internship in a bank. Accounting work
Advisory Board Memberships
2005-2008 iMotions - Emotion Technology, Copenhagen, Denmark
Member of the advisory board
2005-2008 Textalive, Toronto, Canada
Member of the advisory board
2005-2006 Quantico Capital Partners, Toronto Canada
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Department of Business Administration
Member of the advisory board
PRESENTATIONS
Presentations at academic conferences
Schmidt, J., Keil, T., The Birth of Capabilities in Large Established Firms: Evolution,
Managerial Intention and Organizational Hierarchy, To be presented at the Annual Strategic
Management Society Conference, Atlanta, 2013.
Deutsch, Y., Keil, T., Laamanen, T., Maula, M., Going after the big fish – When Do Firms
Escalate from Small to Large Acquisitions? To be presented at the Annual Strategic
Management Society Conference, Atlanta, 2013.
Pe’er, A., Vertinsky, I., Keil, T. Growth and Survival: The Effects of Agglomeration and
Competitive Conditions, to be presented at the Academy of Management Meetings,
Orlando, 2013.
Kuusela, P., Keil, T., Maula, M., A Behavioral Theory of Acquisition Performance: How
Aspirations and Entrepreneurial Orientation Influence Value Creation Through
Acquisitions, presented at the Annual Strategic Management Society Conference, Prague,
2012.
Deutsch, Y., Keil, T., Laamanen, T., Maula, M. Going after the big fish – When Do Firms
Escalate from Small to Large Acquisitions?, presented at Academy of Management
Meetings, Boston, 2012.
Kuusela, P., Keil, T., Maula, M., Driven by Aspirations, but in What Direction? Aspirations,
strategic transactions, and slack, presented at Academy of Management Meetings, Boston,
2012.
Schmidt, J., Makadok, R., Keil, T., Firm Scope Advantages and the Demand Side, presented
at Academy of Management Meetings, Boston, 2012.
Boppel, M., Keil, T., Lechner, C. Do Corporate Initiatives Require Coordination?, presented
at the Annual Strategic Management Society Conference, Miami, 2011
Kuusela, P., Keil, T., Maula, M. Managerial Focus Matters – The Effect of Top Management
Attention on Realizing the Benefits from Firm Acquisitions, presented at the Annual
Strategic Management Society Conference, Miami, 2011.
Pe’er, A., Keil, T., Heterogeneity and Survival of De Novo Entrants, presented at Academy of
Management Meetings, San Antonio, 2011.
Boppel, M., Keil, T., Lechner, C., Corporate Initiative Programs: A Coordination Theory
Perspective, Coordination within and among Organizations, - Paris, June 13-14 2011.
Lamberg J.A., Keil, T., Adapting to Paradigm Shifts in the Environment – The Role of
Organizational Architecture, to be presented at the 20011 Annual Conference of the
Industry Studies Association, Pittsburgh, 2011
Maula, M., Keil, T., Zahra, S., Top Management Attention to Discontinuous Business
Opportunities, INSEAD Network Evolution Conference 2.0, Fontainebleau, October 22-23,
2010.
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Schildt, H., Keil, T., Maula, M., Absorptive Capacity and the Temporal Dynamics of
Interorganizational Learning in Alliances and Joint Ventures, presented at the Annual
Strategic Management Society Conference, Rome 2010.
Uotila, J., Keil, T., Maula, M. Network Effects, Technological Search, and Lock-In, presented
at the Academy of Management Meetings, Montreal, 2010.
Schmidt, J., Keil, T., Unique Demand Complementarities: Resource Relatedness and Market
Connectedness as Drivers of Value Creation in Diversification, presented at the Academy of
Management Meetings, Montreal, 2010.
Schmidt, J., Keil, T. Unique Demand Complementarities: A Demand-Based Theory of
Diversification, presented at the 29
th
Annual Strategic Management Society Conference,
Washington, D.C., USA, October 11-14, 2009.
Keil, T., Laamanen, T., McGrath, R. G., Resource Momentum Strategy: Factor-Market
Rivalry and Firm Performance, presented at the Academy of Management Meetings,
Chicago, 2009
Dushnitsky, G., Keil, T., Maula M., Benson, D., Katila, R., McGrath, R. G., Phelps, C.,
Vanhaverbeke, W., Ziedonis, R., Corporate Venturing: State Of The Art And
Developmental Workshop, PDW Workshop at the Academy of Management Meetings,
Anaheim, 2008 – Organizer and Presenter.
Pe’er, A., Keil, T., What Doesn’t Kill You Makes You Stronger: De Novo Entry In Clusters,
presented at Academy of Management Meetings, Anaheim, 2008.
Autio, E, Keil, T., McGrath, R.G., Tilting the playing field: Towards a Strategic Theory of
Endogenous Action, presented at Academy of Management Meetings, Anaheim, 2008.
Uotila, J., Keil, T., Maula, M. Organizational Environments as Systems of Organizations,
presented at Academy of Management Meetings, Anaheim, 2008.
Pe’er, A., Keil, T., What Doesn’t Kill You Makes You Stronger: De Novo Entry In Clusters,
presented at the 27th Annual Strategic Management Society Conference, San Diego, USA,
October 14-17, 2007.
Laamanen, T., Keil, T., McGrath R., Domino Theory in Strategic Management, presented at
the 27
th
Annual Strategic Management Society Conference, San Diego, USA, October 14-
17, 2007.
Deutsch, Y., Keil, T., Laamanen, T. Are the Wolves Watching the Sheep? The Joint Effect of
board and CEO Incentives on Firm-Level Risk-Taking, presented at the Academy of
Management Meetings, Philadelphia, 2007.
Keil, T., Maula M., Dushnitsky, G., Ginsberg, A., Lenox, M., Katila, R., Kotha, S.B.,
McGrath, R. G., Phelps, C., Zahra, S. A., Ziedonis, R., Corporate Venturing: State Of The
Art And Developmental Workshop, PDW Workshop at the Academy of Management
Meetings, Philadelphia, 2007 – Organizer and Presenter.
Uotila, J., Maula, M., Keil, T., Zahra, S. Exploration, Exploitation, and Firm Performance:
Analysis of Global 500 Corporations, presented at the Academy of Management Meetings,
Philadelphia, 2007.
Keil, T., McGrath R.G., Tukiainen, T. Gems from the Ashes: How Discontinued Internal
Corporate Ventures Play a Role in the Renewal Process, presented Organization Science
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Department of Business Administration
Special issue conference on strategic renewal, Chicago, March 24-25.
Schildt, H., Laamanen, T., Keil, T., Alliances and Acquisitions as a Response to Intraindustry
Dependence, presented at the Academy of Management Meetings, Atlanta, 2006.
Schildt, H., Keil, T. Maula, M., Timing of Knowledge Flows in Inter-Organizational
Relationships, presented at the Academy of Management Meetings, Atlanta, 2006.
Keil, T. McGrath R.G., Tukiainen, T. Real Options Reasoning and the Management of
Uncertain Ventures: An Exploratory Empirical Analysis, presented at the Harvard Business
School "Corporate Entrepreneurship" Research Conference, December 9-10, 2005.
Keil, T., Laamanen, T., Performance of Serial Acquirers: Organizational Form and Integrative
Capacity? presented at the the 25nd Annual Strategic Management Society Conference,
Orlando, USA, October 23-26, 2005.
Keil, T., McGrath R.G., Tukiainen, T., Corporate Ventures on the Managerial Radar Screen:
Benefit or Liability? presented at the the 25
nd
Annual Strategic Management Society
Conference, Orlando, USA, October 23-26, 2005.
Keil, T., Covin, J., Ginsberg, A. Maula, M., Zahra, S. Corporate Venturing: State of Research
and Theoretical Angles, PDW Workshop held at the Academy of Management Meetings,
Honolulu, August 2005 – Organizer and Presenter.
Keil, T., McGrath R.G., Tukiainen, T. Real Options Reasoning and the Management of
Uncertain Ventures: An Exploratory Empirical Analysis, presented at the Academy of
Management Meetings, Honolulu, August 2005.
Schildt, H. Keil, T. Maula, M., Dynamics Of Learning From External Corporate Ventures,
presented at the Babson Kauffman Entrepreneurship Research Conference, Boston, June 9-
11, 2005.
Tukiainen, T., McGrath, R. Keil, T., Creating Value from Failure: Real Options, Discontinued
Ventures and Value Creation, presented at the the 24
nd
Annual Strategic Management
Society Conference, San Juan, Puerto Rico, October 31- November 2, 2004.
Uotila, J., Maula, M., Keil, T., Zahra, S. Exploration, Exploitation, and Firm Performance:
Analysis of Global 500 Corporations, presented at the 24
nd
Annual Strategic Management
Society Conference, San Juan, Puerto Rico, October 31- November 2, 2004.
Schildt, H., Maula, M., Keil, T., Explorative and Exploitative Learning from
External Corporate Ventures, presented at the Academy of Management Meetings, New
Orleans, August 2004.
Wilson, C., Keil, T., Maula, M., Coming from Outside: The Role of Unique Complementary
Resources in Helping Corporations to Enter the Closely-Knit Syndication Networks of
Venture Capitalists, presented at the Babson Kauffman Entrepreneurship Research
Conference, Strathclyde, June 3-5, 2004.
Maula, M., Salmenkaita, J.-P., Keil, T., Dynamic Complementarities of Start-ups and
Incumbents in the Creation and Commercialization of Systemic Innovations, presented at
the 23
nd
Annual Strategic Management Society Conference, Baltimore, Maryland,
November 9-12, 2003.
Deutsch, Y., Keil, T., Laamanen, T., The Effect of Outside Directors’ Compensation on
Acquisition Strategy, presented at the 23
nd
Annual Strategic Management Society
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Department of Business Administration
Conference, Baltimore, Maryland, November 9-12, 2003.
Maula, M., Keil, T., Zahra, S., Corporate Venture Capital and the Recognition of
Technological Discontinuities, presented at the Academy of Management Meetings, Seattle,
August, 2003.
Laamanen, T., Keil, T., Autio S., The Effect of Acquisition Strategy on Acquisition
Experience and Performance, presented at the 22
nd
Annual Strategic Management Society
Conference, Paris, France, September 22-25, 2002.
Keil, T., Autio, E., Looking Beyond the Local: Non-Local Search and Assimilation
through External Corporate Venturing, presented at the Academy of Management Meetings,
Denver, CO, August 9-14, 2002.
Keil, T., Backholm, A., Breaking the Frame - Radical Change through External Corporate
Venturing, Presented at the 21st Annual Strategic Management Society Conference, San
Francisco, USA, October 19-21, 2001.
Vuorento, M., Kuusiholma, U., Keil, T., Sulonen, R. E-Business Integration: A Framework
for the Change Process towards ICT-Enabled Commerce, presented at the SSGRR-2001
conference at L'Aquila, Italy, August 2001.
Keil, T., Autio, E., Dynamic Capability through External Corporate Venturing: External
Corporate Venturing Capability, Learning, and Capability Development, presented at the
Academy of Management Meetings, Washington, 2001.
Keil, T., External Corporate Venturing – Exploration and Exploitation, presented at the 2001
Babson/Kauffman Entrepreneurship Research Conference, Jönköping, Sweden, 2001.
Vilkamo, T., Keil, T., Technology Partnering in High-Velocity Environments – Lessons from
a Case Study, presented at the IAMOT international conference on management of
technology, 2001, Lausanne.
Robertson, P., Keil, T., Autio, E., Weak and Strong Ties, Individualism-Collectivism, and the
Diffusion of Technological Knowledge, presented at 3rd International conference on
Technology, Innovation, and Policy, Austin, Texas, August 30-September 2, 1999.
Keil, T., Changing Configurations of Strategic Interfirm Relationships, presented at the 19th
Annual Strategic Management Society Conference, Berlin, Germany, October 3-6, 1999.
Autio, E., Keil, T., Robertson, P., Influences of Core Technology Imitability on SME Growth,
presented at the ICSB conference, Singapore, June 1998.
Robertson, P., Keil, T., Information, Regional Isolation and Technological Sourcing in Small-
and Medium-Sized Manufacturing Firms: A Sectoral Approach, presented at the
International Conference on Industrial Structure and Innovation Dynamics, Lisbon,
Portugal, 16-17 October, 1998.
Keil, T., Governance of R&D, presented at the 18th Annual Strategic Management Society
Conference, Orlando, USA, November 2-5, 1998.
Keil, T., R&D Outsourcing - Transaction Cost, Resource-Based and Knowledge-Based
Perspectives, presented at the 7th European Doctoral Summer School, Leuven Belgium,
August 17-30, 1997.
Keil, T., Laamanen, T. Integrating Competencies from Outside Sources, presented at the 17th
Annual Strategic Management Society Conference, Barcelona, Spain, October 5-8, 1997.
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Sapienza, H., Autio, E, Almeida, J., Keil, T., Dynamics of Growth of New, Technology-
Based Firms: Towards a Resource-Based Model, presented at the Academy of Management
Meetings, Boston, USA August 1997.
Invited academic presentations
Copenhagen Business School, 2001, External Corporate Venturing: Cognition, Speed, and
Capability Development,
Technische Universität München, 2005, Explorative and Exploitative Learning from
External Corporate Ventures
Ludwig Maximilians Universität München, 2005, Learning Dynamics in External
Corporate Ventures
Erasmus University, Rotterdam, 2007, Gems from the Ashes: Capability Creation and
Transformation in Internal Corporate Venturing
EPLF Lausanne, 2008, Corporate Entrepreneurship as a Research Area
St. Petersburg State University, 2010, Top Management Attention to Discontinuous
Business Opportunities
S.P. Jain Institute of Management and Research, Mumbai, 2011, Competitive Advantage
through M&A, Video Keynote Address
Bocconi University, Milan, 2011, Top Management Attention to Discontinuous Business
Opportunities: Corporate Venture Capital as an Alert Mechanism
University of St. Gallen, 2011, Top Management Attention to Discontinuous Business
Opportunities: Corporate Venture Capital as an Alert Mechanism
Technical University of Einhoven, 2012, Attention to Exploration, Experience and the
Effects of Acquisitions on Innovation
Invited presentations for corporations
Sonera Corp., Finland, 1999, Technology Partnering in Telecommunications, Workshop
with Corporate Technology Office
Elisa Corp., Finland, 2000, Strategic Management in Telecommunications, Speech at upper
management retreat
Elisa Corp., Finland, 2001, Corporate Venturing in High Velocity Environment, workshop
with Corporate Venturing Group
Nokia Networks, Finland, 2000, Technology Partnering, workshop with technology
partnering process team
Boston Consulting Group, Finland, 2001, External Corporate Venturing, Cognition, Speed,
and Capability Development
Sonera Corp., Finland, 2002, Corporate Venturing – The Quest for Strategic Renewal,
workshop with Corporate Strategy Group
Scotiabank Private Equity Partners, Canada, 2003, Corporate Venture Capital –
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Department of Business Administration
Challenges and Opportunities, Workshop with CVC unit
Nokia Ventures Organization, Finland, 2004, Corporate Venturing in Knowledge Intensive
Industries, workshop with group management
Deutsche Telekom, Germany, 2005, Barriers to Innovation, Workshop with Telekom Labs
management group
EXTERNALLY FUNDED RESEARCH PROJECTS
September 2011- December 2014, Managing corporate initiative programs for strategic
renewal, Academy of Finland, EUR 660.236 (of which EUR 528.190 funded by Academy
of Finland), project leader.
April 2008-December 2010, Dominance Strategies – Leveraging Strongholds for Market
Expansion, TEKES the Finnish Funding Agency for Technology and Innovation, EUR
380.491, project leader
April 2008-April 2010, Dynamics of Mergers and Acquisitions and Strategies for Growth,
TEKES the Finnish Funding Agency for Technology and Innovation, EUR 339.038, Co-
investigator
April 2006-March 2009, Exploration and Exploitation through Corporate Venturing, SSHRC
standard research grant, project volume, CAD 72730, principal investigator.
April 2004-December 2005, Value Creation and Renewal of the Knowledge Base of the
Corporation II (VCRII), Project in the PROACT program funded by the Finnish Ministry of
Trade and Industry and the Finnish National Technology Agency TEKES, project volume:
EUR 262,000, project co-leader.
April 2002-April 2004, Value Creation and Renewal of the Knowledge Base of the
Corporation (VCR), Project in the PROACT program funded by the Finnish Ministry of
Trade and Industry and the Finnish National Technology Agency TEKES, project volume:
EUR 242,000, project co-leader.
April 2001-December 2001, Rapid Technology Introduction in Dynamic High Volume
Environments, research project funded by Nokia Mobile Phones, project volume: EUR
83,000, project leader.
May 2000 – May 2001, Corporate Venturing in Knowledge Intensive Industries, TEKES the
Finnish Funding Agency for Technology and Innovation, project volume: EUR 195,000,
project co-ordinator and researcher.
1998-May 2000, Improving the international competitiveness of the Finnish
telecommunications and electronics cluster, Project in the Telectronics program of the
Academy of Finland, project volume: EUR 152,000, project co-ordinator and researcher.
1997, Influence of information and Communication Technologies on Technological and
Manufacturing Embeddedness among SMEs, TEKES the Finnish Funding Agency for
Technology and Innovation, project volume: EUR 50,000, main researcher.
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Department of Business Administration
TEACHING EXPERIENCE
Executive education
Program Development
Co-Developed a general management program for Tapiola Group, a Finnish financial
services group
Co-Developed a general management program for Atria Group, a large Finnish company in
the food industry
Developed a module on Global Competitive Strategy for Nokia Networks
Developed a module on Business Understanding and Strategy for UPM-Kymmene
Modules taught
Alliance management (Helsinki University of Technology – Dipoli, open program)
Business Understanding and Strategy (Helsinki University of Technology, tailored program
for UPM-Kymmene)
Capturing Value from Corporate Venturing (Vlerick Leuven Gent Management School,
Belgium)
Corporate Entrepreneurship and Innovation (Corporate Entrepreneurship and Open
Innovation Masterclass organized by Philips Research)
Corporate Strategy (TKK ESB – Lemminkäinen In-Company Program)
Corporate Venturing (Helsinki University of Technology - EXIMA)
Global Competitive Strategy (Helsinki University of Technology, tailored program for
Nokia Networks, trained over 6 years about 400 senior managers)
Global Competitive Strategy (Helsinki University of Technology, tailored program for
Nokia Siemens Networks, successor program of the program for Nokia Networks)
Mergers and Acquisitions and Strategy Execution (TKK ESB – Atria In-Company Program)
Strategic Management (Laatukeskus, Finland, open program)
Strategic Management and corporate entrepreneurship (European School of Management
and Technology – ESMT, Berlin)
Strategic Management in Turbulent Environments (Laatukeskus, Finland, open program)
Strategic Management of Technology and Innovation (Helsinki University of Technology -
EXIMA)
Strategic Management- The Need for Change (Aalto EE -- Tapiola In-Company Program)
Strategy Execution (Aalto EE -- VAPO In-Company Program)
Technology Commercialization (Helsinki University of Technology – Dipoli, open
program)
Technology Strategy (Nokia Mobile Phones)
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Department of Business Administration
MBA and Executive MBA program education
Program and course development
Responsible for organizing executive MBA elective in Infocom Management (Helsinki
University of Technology)
2006-2009 Academic responsibility for development Executive MBA and MBA curriculum
at Helsinki University of Technology
Developed a tailored eMBA program for the Finnish Armed Forces
Developed a tailored eMBA program for KESKO, a large Finnish retail chain
Developed a MBA course on corporate entrepreneurship (York University)
Taught MBA courses in
Corporate Entrepreneurship (York University)
Managing the Growing Enterprise (York University)
Strategic Management (York University, Aalto University Executive Education)
Taught Executive MBA courses on
Cooperative Strategies (Helsinki University of Technology)
Extracting value from corporate venturing (Helsinki University of Technology)
Infocom Industry Structure (Helsinki University of Technology)
Innovation (Scandinavian International Management Institute, SIMI, Copenhagen Denmark)
Innovation and Corporate Venturing (Helsinki School of Economics Executive Education,
HSEEE, Helsinki, Finland – LG In-company Executive MBA Program)
Innovation and Corporate Venturing (Helsinki School of Economics Executive Education,
HSEEE, Helsinki, Finland – KepCo In-company Executive MBA Program)
Innovation Management (Helsinki School of Economics Executive Education, HSEEE,
Helsinki, Finland – Korean Executive MBA Program)
Strategic Innovation Management (Aalto Executive Education, Korean Executive MBA
Program)
Strategic Capability Management (Finnish Armed Forces – Tailored eMBA module)
MBA thesis supervision
12 MBA thesis projects (TKK Executive School of Business Oy), 3 MBA theses currently
on-going
PhD level education
Doctoral courses
Advanced Organization Theory (Aalto University, co-taught)
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Department of Business Administration
Advanced Topics in International and Strategic Management (University of Zurich)
Entrepreneurship (York University, co-taught)
Foundations of International and Strategic Management (University of Zurich)
Strategic Management (Helsinki University of Technology, York, co-taught)
Strategic Management of Technology and Innovation (Helsinki University of Technology)
PhD supervision
Doctoral dissertations supervised: Jens Schmidt (graduated 2012), Pasi Kuusela (thesis
defense Fall 2013), Anttti Niemi (thesis defense Fall 2013). Currently co-supervising 2 DSc
thesis projects (Riku Österman, expected graduation 2014, Timo Partanen, expected
graduation 2014). Member of the dissertation committee (instructor) of Juha Uotila
(graduated 2012).
BSc and BA level education
Responsible teacher for courses in
Principles of Strategic Management (Aalto University)
Strategic Management of Multinational Enterprises (University of Zurich)
International Management (University of Zurich)
MSc and MA level education
Program and course development
Developed a one year MSc elective program in Infocom Management
Developed courses on Strategic Management of Technology and Innovation, Strategic
Management in the Telecommunications Industry, and Strategic Management of Growth
and Renewal
Responsible professor for major subject in Strategic Management
Responsible professor for Master of Strategy two year MSc program jointly developed with
Aalto School of Business
Responsible teacher for courses in
Advanced International Business (Helsinki University of Technology)
Advanced Strategic Management (Aalto University)
Global Strategic Management (University of Zurich)
Industry Structure in the Infocom sector (Helsinki University of Technology)
Principles of International Business (Helsinki University of Technology)
Seminar in Business Strategy and International Business (Helsinki University of
Technology)
Seminar in Global Strategy (University of Zurich)
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Department of Business Administration
Strategic Management in the Telecommunications sector (Helsinki University of
Technology)
Strategic Management of Growth and Renewal (Aalto University)
Strategic Management of Technology and Innovation (Helsinki University of Technology)
Co-taught courses in
Advanced Strategic Management (Helsinki University of Technology)
Principles of Strategic Management (Helsinki University of Technology)
Technology-based venturing (Helsinki University of Technology)
MSc Thesis supervision
I supervised over 25 MSc theses
TEACHING CASES
e-Scotia Acquisition Inc.: Creating Strategic Value at a Financial Institution, York University
2003
Digia Ltd.: Leveraging Strategic Investments, Helsinki University of Technology, 2002
Digia Ltd. (B): Internationalizing Operations, Helsinki University of Technology, 2002
More Magic Software : Venture Capital Options in the Early Stage of a High Tech Company,
Helsinki University of Technology, 2002
Synera: Developing Distribution Channels, Helsinki University of Technology, 2002
Synera (B): Choosing between Financing Options, Helsinki University of Technology, 2002
AWARDS
2013 Winner of 17th Annual Citation of Excellence Award by Emerald Group Publishing
2011 Editorial Board Outstanding Reviewer Award, Academy of Management Journal
2010 Best Conference Paper Prize Honorable Mention at the 30 Annual Conference of the
Strategic Management Society
2010 Glueck best paper award of the Business Policy and Strategy division at the Academy
of Management Meetings, Montreal
2007 Best Reviewer Award, Entrepreneurship Theory and Practice 2007
2005 Best Conference Paper Prize Honorable Mention at the 25 Annual Conference of the
Strategic Management Society
2004 Nominated for the 8th Annual Seymour Schulich Teaching Excellence Award
2004 The Stevens Institute of Technology Wesley J. Howe Award for Excellence in
Research on the Topic of Corporate Entrepreneurship at the 2003 Babson Kauffman
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Department of Business Administration
Entrepreneurship Research Conference
2003 Outstanding Reviewer award, Entrepreneurship division, Academy of Management
Meetings
2001 Award for the best dissertation completed at Helsinki University of Technology during
2000
1995 Award for the best dissertation proposal at the RENT IX conference on
Entrepreneurship and Small Business Management, November 1995
PERSONAL GRANTS
2011 Research grant from Foundation for Economic Education (Eur 4,000)
1998 Dissertation grant from NESTE Foundation (Eur 6,500)
1998 Dissertation grant from IVO Foundation (Eur 5,000)
1997 Dissertation grant from WIHURI Foundation (Eur 11,000)
SERVICE
Reviewing and editorial positions
Editor of Entrepreneurship Theory and Practice (2011-).
Member of the editorial review boards of Academy of Management Journal (2010-2013 and
2013-2016), Journal of Management Studies (2010-), Strategic Management Journal (200
,
and Entrepreneurship Theory and Practice (2006-2011).
Ad-hoc reviewer for Administrative Science Quarterly, Organization Science. Journal of
Management, Journal of Business Venturing, Journal of International Business Studies,
Strategic Entrepreneurship Journal, Journal of Business Research, International Journal of
Technology Management, Venture Capital, International Journal of Networking and Virtual
Organisations (IJNVO), Journal of Engineering and Technology Management, MIS
Quarterly, Research Policy, R&D Management.
Reviewer for Business Policy and Strategy, Technology and Innovation Management, and
Entrepreneurship Divisions at the Academy of Management, Reviewer for Entrepreneurship
and strategy interest group at the Strategic Management Society.
External evaluation for tenure and promotion
External evaluation of Christopher Williams, Western University, 2013.
Evaluation of doctoral work
External Dissertation Examiner: Sari Sallinen, Oulu University, 2002; Taina Tukiainen,
Helsinki University of Technology, 2004; Tapio Ranta, Helsinki University of Technology,
2005; Taiyuan Wang, University of Western Ontario, 2009; Bob Walrave, Eindhoven
University of Technology, 2012.
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Department of Business Administration
Second examiner: Behrend Freese, Bern University, 2005; Sandro Kürschner, University of
Zürich, 2013; Michael Boppel, University of St. Gallen, 2013.
Doctoral thesis opponent: Susanne Suhonen, Helsinki School of Economics and Business
Administration, 2002, Vareska Van de Vrande, Eindhoven University of Technology, 2007;
Bob Walrave, Eindhoven University of Technology, 2012.
Reviewing for funding agencies
Reviewer for the Social Sciences and Humanities Research Council of Canada (SSHRC),
Israel Science Foundation, The Netherlands Organisation for Scientific Research (NWO),
Qatar National Research Fund, Qatar , National Science Foundation (NSF), USA.
Positions of trust at associations
Representative-at-large Entrepreneurship and Strategy Interest Group of the Strategic
Management Society (2010-2012)
Member of the Research Committee at the Entrepreneurship Division of the Academy of
Management (2011-2014)
EURAM 2011, Sub-Track Co-chair, Sub-Track: Corporate Strategy - Managing Alliances,
M&As & Divestitures
MEMBERSHIPS
Academy of Management, Strategic Management Society
LANGUAGES
Fluent in German (native), English, Finnish, school knowledge of French, basic knowledge of
Italian (comprehension better than speaking).
PERSONAL
Date and place of birth: February 6, 1970, Frankfurt, Germany
Family: married with Marianna Zangrillo, three children, two step children
Citizenship: German
REFERENCES
References available upon request
September 26, 2013
doc_392688017.pdf
Major subject in business strategy and international marketing, minor subject in work psychology and leadership.
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Department of Business Administration
CURRICULUM VITAE
Thomas Keil
University of Zurich
Department of Business Administration
Chair of International Management
Seilergraben 53
CH-8001 Zurich
Switzerland
Phone: +41 44 634 5968
Email: [email protected]
EDUCATION
Doctor of Science in Technology, 2000, Helsinki University of Technology, Espoo,
Finland
Doctoral thesis “External Corporate Venturing: Cognition, Speed, and Capability
Development” approved with distinction, winner of the Helsinki University of Technology
best dissertation award for 2000.
Licentiate in Technology, 1998, Helsinki University of Technology, Espoo, Finland
Major subject in business strategy and international marketing, minor subject in work
psychology and leadership, licentiate thesis “Changing realities of relationships –
Understanding the influence of information and communication technology on small and
medium sized firm relationships” approved with distinction.
Diplom Wirtschaftsingenieur, 1996, Darmstadt University of Technology, Darmstadt,
Germany
Master of Science in Industrial Management, specialization in marketing and micro-
electronics, grade point average 1.7 (on a scale of 1 to 5 with 1 being the highest grade).
Baccalaureate, 1989, Bischof-Neumann-Schule, Königstein, Germany
Secondary school diploma. Graduated in top 10% of class.
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Department of Business Administration
WORK EXPERIENCE
Academic work experience
2013-present, University of Zurich, Zurich, Switzerland
Tenured full professor and chair for international management
2006 – 2013, Aalto University (formerly Helsinki University of Technology), Espoo, Finland
Chaired Professor of Strategic Management (tenured since 2008)
2011 (April-June), University of St. Gallen
Visiting professor at the Institute of Management
2006-2009, TKK Executive School of Business OY
Academic Director of the executive education organization of Helsinki University of
Technology; my responsibilities included program design and development of
Executive MBA programs and in-company programs.
2002 – 2006, Schulich School of Business, York University, Toronto Canada
Assistant Professor of Entrepreneurship/Policy
2002 – 2006, Helsinki University of Technology, Espoo, Finland
Docent for Corporate Venturing and Strategic Alliances
1995 – 2002, Helsinki University of Technology, Espoo, Finland
September 2001 – April 2002: Acting Professor of Industrial Management and
Director of the Institute of Strategy and International Business. I led a research
institute with 3 professors and 25 employees.
June 2001 – December 2001: Project Manager MBA Programs. I was responsible for
an elective in Infocom Management elective and supervised strategy projects.
January 2000 – April 2002: Director Infocom Management Program. I was responsible
for developing and organizing a MSc elective in Infocom Management
September 1998 – May 2001: Research Associate
September 1997 – August 1998: University Lecturer. I was the responsible lecturer for
courses on Technology-based venturing, Strategic Management in the
Telecommunications industry, Strategic Management of Technology and Innovation,
and a Seminar in Business Strategy and International Business
January 1996 – August 1997: Teaching assistant and research associate. I co-ordinated
and lectured courses on Business Strategy and Strategic Management of Technology
and Innovation
May 1995 – December 1995: Research Associate
Applied work experience
1999 – December 2011, Keil Nordic Consulting, Helsinki, Finland
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Department of Business Administration
Founder and owner of management consulting company. My work focuses on strategy
consulting and executive development with clients across a variety of industries and
geographies. Clients have included companies ranging from medium sized
corporations to global Fortune 500 firms in Europe such as Deutsche Telekom
Laboratories, Finnish Consulting Group, Nokia, Philips, and Sonera
2006-2008, TKK Executive School of Business OY
Managing Director. I managed a turnaround and grew the business profitably from Eur
1.04 Million to over Eur 1.58 Million after a previous three year decline.
2002-2006, K&K Network Consulting, Toronto, Canada
Founder and owner of management consulting company. My Clients ranged from
medium sized corporations to global Fortune 500 firms in North America such as The
Loyalty Group and Royal Bank of Canada.
1994, Epan-Leoni Pte Ltd, Singapore
3 month internship in marketing for a cable manufacturer
1993 – 1994, Andersen Consulting Arthur Andersen & Co. Unternehmensberatung GmbH,
Frankfurt, Germany
Freelance work for a consulting company. I carried out research and back office work
within consulting projects.
1992 – 1996, Junior Comtec Darmstadt e.V., Darmstadt, Germany
I worked for a student managed management consulting organization. I completed a
market research project on power-industry in Germany. I led a project in developing
instructor's handbook for business lessons in craftsman training.
1991 – 1992, Nederman GmbH, Kronberg, Germany
Summer jobs in an environmental technology company. I developed a database in the
marketing department and worked as assistant manager in the accounting and
controlling department.
1990, VDO Adolf Schindling AG, Frankfurt, Germany
Summer internship in a production department. I tested and repaired boards for
electronic speedometer.
1988, Volksbank Höchst e.G., Frankfurt, Germany
Summer internship in a bank. Accounting work
Advisory Board Memberships
2005-2008 iMotions - Emotion Technology, Copenhagen, Denmark
Member of the advisory board
2005-2008 Textalive, Toronto, Canada
Member of the advisory board
2005-2006 Quantico Capital Partners, Toronto Canada
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Department of Business Administration
Member of the advisory board
PRESENTATIONS
Presentations at academic conferences
Schmidt, J., Keil, T., The Birth of Capabilities in Large Established Firms: Evolution,
Managerial Intention and Organizational Hierarchy, To be presented at the Annual Strategic
Management Society Conference, Atlanta, 2013.
Deutsch, Y., Keil, T., Laamanen, T., Maula, M., Going after the big fish – When Do Firms
Escalate from Small to Large Acquisitions? To be presented at the Annual Strategic
Management Society Conference, Atlanta, 2013.
Pe’er, A., Vertinsky, I., Keil, T. Growth and Survival: The Effects of Agglomeration and
Competitive Conditions, to be presented at the Academy of Management Meetings,
Orlando, 2013.
Kuusela, P., Keil, T., Maula, M., A Behavioral Theory of Acquisition Performance: How
Aspirations and Entrepreneurial Orientation Influence Value Creation Through
Acquisitions, presented at the Annual Strategic Management Society Conference, Prague,
2012.
Deutsch, Y., Keil, T., Laamanen, T., Maula, M. Going after the big fish – When Do Firms
Escalate from Small to Large Acquisitions?, presented at Academy of Management
Meetings, Boston, 2012.
Kuusela, P., Keil, T., Maula, M., Driven by Aspirations, but in What Direction? Aspirations,
strategic transactions, and slack, presented at Academy of Management Meetings, Boston,
2012.
Schmidt, J., Makadok, R., Keil, T., Firm Scope Advantages and the Demand Side, presented
at Academy of Management Meetings, Boston, 2012.
Boppel, M., Keil, T., Lechner, C. Do Corporate Initiatives Require Coordination?, presented
at the Annual Strategic Management Society Conference, Miami, 2011
Kuusela, P., Keil, T., Maula, M. Managerial Focus Matters – The Effect of Top Management
Attention on Realizing the Benefits from Firm Acquisitions, presented at the Annual
Strategic Management Society Conference, Miami, 2011.
Pe’er, A., Keil, T., Heterogeneity and Survival of De Novo Entrants, presented at Academy of
Management Meetings, San Antonio, 2011.
Boppel, M., Keil, T., Lechner, C., Corporate Initiative Programs: A Coordination Theory
Perspective, Coordination within and among Organizations, - Paris, June 13-14 2011.
Lamberg J.A., Keil, T., Adapting to Paradigm Shifts in the Environment – The Role of
Organizational Architecture, to be presented at the 20011 Annual Conference of the
Industry Studies Association, Pittsburgh, 2011
Maula, M., Keil, T., Zahra, S., Top Management Attention to Discontinuous Business
Opportunities, INSEAD Network Evolution Conference 2.0, Fontainebleau, October 22-23,
2010.
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Department of Business Administration
Schildt, H., Keil, T., Maula, M., Absorptive Capacity and the Temporal Dynamics of
Interorganizational Learning in Alliances and Joint Ventures, presented at the Annual
Strategic Management Society Conference, Rome 2010.
Uotila, J., Keil, T., Maula, M. Network Effects, Technological Search, and Lock-In, presented
at the Academy of Management Meetings, Montreal, 2010.
Schmidt, J., Keil, T., Unique Demand Complementarities: Resource Relatedness and Market
Connectedness as Drivers of Value Creation in Diversification, presented at the Academy of
Management Meetings, Montreal, 2010.
Schmidt, J., Keil, T. Unique Demand Complementarities: A Demand-Based Theory of
Diversification, presented at the 29
th
Annual Strategic Management Society Conference,
Washington, D.C., USA, October 11-14, 2009.
Keil, T., Laamanen, T., McGrath, R. G., Resource Momentum Strategy: Factor-Market
Rivalry and Firm Performance, presented at the Academy of Management Meetings,
Chicago, 2009
Dushnitsky, G., Keil, T., Maula M., Benson, D., Katila, R., McGrath, R. G., Phelps, C.,
Vanhaverbeke, W., Ziedonis, R., Corporate Venturing: State Of The Art And
Developmental Workshop, PDW Workshop at the Academy of Management Meetings,
Anaheim, 2008 – Organizer and Presenter.
Pe’er, A., Keil, T., What Doesn’t Kill You Makes You Stronger: De Novo Entry In Clusters,
presented at Academy of Management Meetings, Anaheim, 2008.
Autio, E, Keil, T., McGrath, R.G., Tilting the playing field: Towards a Strategic Theory of
Endogenous Action, presented at Academy of Management Meetings, Anaheim, 2008.
Uotila, J., Keil, T., Maula, M. Organizational Environments as Systems of Organizations,
presented at Academy of Management Meetings, Anaheim, 2008.
Pe’er, A., Keil, T., What Doesn’t Kill You Makes You Stronger: De Novo Entry In Clusters,
presented at the 27th Annual Strategic Management Society Conference, San Diego, USA,
October 14-17, 2007.
Laamanen, T., Keil, T., McGrath R., Domino Theory in Strategic Management, presented at
the 27
th
Annual Strategic Management Society Conference, San Diego, USA, October 14-
17, 2007.
Deutsch, Y., Keil, T., Laamanen, T. Are the Wolves Watching the Sheep? The Joint Effect of
board and CEO Incentives on Firm-Level Risk-Taking, presented at the Academy of
Management Meetings, Philadelphia, 2007.
Keil, T., Maula M., Dushnitsky, G., Ginsberg, A., Lenox, M., Katila, R., Kotha, S.B.,
McGrath, R. G., Phelps, C., Zahra, S. A., Ziedonis, R., Corporate Venturing: State Of The
Art And Developmental Workshop, PDW Workshop at the Academy of Management
Meetings, Philadelphia, 2007 – Organizer and Presenter.
Uotila, J., Maula, M., Keil, T., Zahra, S. Exploration, Exploitation, and Firm Performance:
Analysis of Global 500 Corporations, presented at the Academy of Management Meetings,
Philadelphia, 2007.
Keil, T., McGrath R.G., Tukiainen, T. Gems from the Ashes: How Discontinued Internal
Corporate Ventures Play a Role in the Renewal Process, presented Organization Science
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Department of Business Administration
Special issue conference on strategic renewal, Chicago, March 24-25.
Schildt, H., Laamanen, T., Keil, T., Alliances and Acquisitions as a Response to Intraindustry
Dependence, presented at the Academy of Management Meetings, Atlanta, 2006.
Schildt, H., Keil, T. Maula, M., Timing of Knowledge Flows in Inter-Organizational
Relationships, presented at the Academy of Management Meetings, Atlanta, 2006.
Keil, T. McGrath R.G., Tukiainen, T. Real Options Reasoning and the Management of
Uncertain Ventures: An Exploratory Empirical Analysis, presented at the Harvard Business
School "Corporate Entrepreneurship" Research Conference, December 9-10, 2005.
Keil, T., Laamanen, T., Performance of Serial Acquirers: Organizational Form and Integrative
Capacity? presented at the the 25nd Annual Strategic Management Society Conference,
Orlando, USA, October 23-26, 2005.
Keil, T., McGrath R.G., Tukiainen, T., Corporate Ventures on the Managerial Radar Screen:
Benefit or Liability? presented at the the 25
nd
Annual Strategic Management Society
Conference, Orlando, USA, October 23-26, 2005.
Keil, T., Covin, J., Ginsberg, A. Maula, M., Zahra, S. Corporate Venturing: State of Research
and Theoretical Angles, PDW Workshop held at the Academy of Management Meetings,
Honolulu, August 2005 – Organizer and Presenter.
Keil, T., McGrath R.G., Tukiainen, T. Real Options Reasoning and the Management of
Uncertain Ventures: An Exploratory Empirical Analysis, presented at the Academy of
Management Meetings, Honolulu, August 2005.
Schildt, H. Keil, T. Maula, M., Dynamics Of Learning From External Corporate Ventures,
presented at the Babson Kauffman Entrepreneurship Research Conference, Boston, June 9-
11, 2005.
Tukiainen, T., McGrath, R. Keil, T., Creating Value from Failure: Real Options, Discontinued
Ventures and Value Creation, presented at the the 24
nd
Annual Strategic Management
Society Conference, San Juan, Puerto Rico, October 31- November 2, 2004.
Uotila, J., Maula, M., Keil, T., Zahra, S. Exploration, Exploitation, and Firm Performance:
Analysis of Global 500 Corporations, presented at the 24
nd
Annual Strategic Management
Society Conference, San Juan, Puerto Rico, October 31- November 2, 2004.
Schildt, H., Maula, M., Keil, T., Explorative and Exploitative Learning from
External Corporate Ventures, presented at the Academy of Management Meetings, New
Orleans, August 2004.
Wilson, C., Keil, T., Maula, M., Coming from Outside: The Role of Unique Complementary
Resources in Helping Corporations to Enter the Closely-Knit Syndication Networks of
Venture Capitalists, presented at the Babson Kauffman Entrepreneurship Research
Conference, Strathclyde, June 3-5, 2004.
Maula, M., Salmenkaita, J.-P., Keil, T., Dynamic Complementarities of Start-ups and
Incumbents in the Creation and Commercialization of Systemic Innovations, presented at
the 23
nd
Annual Strategic Management Society Conference, Baltimore, Maryland,
November 9-12, 2003.
Deutsch, Y., Keil, T., Laamanen, T., The Effect of Outside Directors’ Compensation on
Acquisition Strategy, presented at the 23
nd
Annual Strategic Management Society
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Department of Business Administration
Conference, Baltimore, Maryland, November 9-12, 2003.
Maula, M., Keil, T., Zahra, S., Corporate Venture Capital and the Recognition of
Technological Discontinuities, presented at the Academy of Management Meetings, Seattle,
August, 2003.
Laamanen, T., Keil, T., Autio S., The Effect of Acquisition Strategy on Acquisition
Experience and Performance, presented at the 22
nd
Annual Strategic Management Society
Conference, Paris, France, September 22-25, 2002.
Keil, T., Autio, E., Looking Beyond the Local: Non-Local Search and Assimilation
through External Corporate Venturing, presented at the Academy of Management Meetings,
Denver, CO, August 9-14, 2002.
Keil, T., Backholm, A., Breaking the Frame - Radical Change through External Corporate
Venturing, Presented at the 21st Annual Strategic Management Society Conference, San
Francisco, USA, October 19-21, 2001.
Vuorento, M., Kuusiholma, U., Keil, T., Sulonen, R. E-Business Integration: A Framework
for the Change Process towards ICT-Enabled Commerce, presented at the SSGRR-2001
conference at L'Aquila, Italy, August 2001.
Keil, T., Autio, E., Dynamic Capability through External Corporate Venturing: External
Corporate Venturing Capability, Learning, and Capability Development, presented at the
Academy of Management Meetings, Washington, 2001.
Keil, T., External Corporate Venturing – Exploration and Exploitation, presented at the 2001
Babson/Kauffman Entrepreneurship Research Conference, Jönköping, Sweden, 2001.
Vilkamo, T., Keil, T., Technology Partnering in High-Velocity Environments – Lessons from
a Case Study, presented at the IAMOT international conference on management of
technology, 2001, Lausanne.
Robertson, P., Keil, T., Autio, E., Weak and Strong Ties, Individualism-Collectivism, and the
Diffusion of Technological Knowledge, presented at 3rd International conference on
Technology, Innovation, and Policy, Austin, Texas, August 30-September 2, 1999.
Keil, T., Changing Configurations of Strategic Interfirm Relationships, presented at the 19th
Annual Strategic Management Society Conference, Berlin, Germany, October 3-6, 1999.
Autio, E., Keil, T., Robertson, P., Influences of Core Technology Imitability on SME Growth,
presented at the ICSB conference, Singapore, June 1998.
Robertson, P., Keil, T., Information, Regional Isolation and Technological Sourcing in Small-
and Medium-Sized Manufacturing Firms: A Sectoral Approach, presented at the
International Conference on Industrial Structure and Innovation Dynamics, Lisbon,
Portugal, 16-17 October, 1998.
Keil, T., Governance of R&D, presented at the 18th Annual Strategic Management Society
Conference, Orlando, USA, November 2-5, 1998.
Keil, T., R&D Outsourcing - Transaction Cost, Resource-Based and Knowledge-Based
Perspectives, presented at the 7th European Doctoral Summer School, Leuven Belgium,
August 17-30, 1997.
Keil, T., Laamanen, T. Integrating Competencies from Outside Sources, presented at the 17th
Annual Strategic Management Society Conference, Barcelona, Spain, October 5-8, 1997.
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Department of Business Administration
Sapienza, H., Autio, E, Almeida, J., Keil, T., Dynamics of Growth of New, Technology-
Based Firms: Towards a Resource-Based Model, presented at the Academy of Management
Meetings, Boston, USA August 1997.
Invited academic presentations
Copenhagen Business School, 2001, External Corporate Venturing: Cognition, Speed, and
Capability Development,
Technische Universität München, 2005, Explorative and Exploitative Learning from
External Corporate Ventures
Ludwig Maximilians Universität München, 2005, Learning Dynamics in External
Corporate Ventures
Erasmus University, Rotterdam, 2007, Gems from the Ashes: Capability Creation and
Transformation in Internal Corporate Venturing
EPLF Lausanne, 2008, Corporate Entrepreneurship as a Research Area
St. Petersburg State University, 2010, Top Management Attention to Discontinuous
Business Opportunities
S.P. Jain Institute of Management and Research, Mumbai, 2011, Competitive Advantage
through M&A, Video Keynote Address
Bocconi University, Milan, 2011, Top Management Attention to Discontinuous Business
Opportunities: Corporate Venture Capital as an Alert Mechanism
University of St. Gallen, 2011, Top Management Attention to Discontinuous Business
Opportunities: Corporate Venture Capital as an Alert Mechanism
Technical University of Einhoven, 2012, Attention to Exploration, Experience and the
Effects of Acquisitions on Innovation
Invited presentations for corporations
Sonera Corp., Finland, 1999, Technology Partnering in Telecommunications, Workshop
with Corporate Technology Office
Elisa Corp., Finland, 2000, Strategic Management in Telecommunications, Speech at upper
management retreat
Elisa Corp., Finland, 2001, Corporate Venturing in High Velocity Environment, workshop
with Corporate Venturing Group
Nokia Networks, Finland, 2000, Technology Partnering, workshop with technology
partnering process team
Boston Consulting Group, Finland, 2001, External Corporate Venturing, Cognition, Speed,
and Capability Development
Sonera Corp., Finland, 2002, Corporate Venturing – The Quest for Strategic Renewal,
workshop with Corporate Strategy Group
Scotiabank Private Equity Partners, Canada, 2003, Corporate Venture Capital –
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Department of Business Administration
Challenges and Opportunities, Workshop with CVC unit
Nokia Ventures Organization, Finland, 2004, Corporate Venturing in Knowledge Intensive
Industries, workshop with group management
Deutsche Telekom, Germany, 2005, Barriers to Innovation, Workshop with Telekom Labs
management group
EXTERNALLY FUNDED RESEARCH PROJECTS
September 2011- December 2014, Managing corporate initiative programs for strategic
renewal, Academy of Finland, EUR 660.236 (of which EUR 528.190 funded by Academy
of Finland), project leader.
April 2008-December 2010, Dominance Strategies – Leveraging Strongholds for Market
Expansion, TEKES the Finnish Funding Agency for Technology and Innovation, EUR
380.491, project leader
April 2008-April 2010, Dynamics of Mergers and Acquisitions and Strategies for Growth,
TEKES the Finnish Funding Agency for Technology and Innovation, EUR 339.038, Co-
investigator
April 2006-March 2009, Exploration and Exploitation through Corporate Venturing, SSHRC
standard research grant, project volume, CAD 72730, principal investigator.
April 2004-December 2005, Value Creation and Renewal of the Knowledge Base of the
Corporation II (VCRII), Project in the PROACT program funded by the Finnish Ministry of
Trade and Industry and the Finnish National Technology Agency TEKES, project volume:
EUR 262,000, project co-leader.
April 2002-April 2004, Value Creation and Renewal of the Knowledge Base of the
Corporation (VCR), Project in the PROACT program funded by the Finnish Ministry of
Trade and Industry and the Finnish National Technology Agency TEKES, project volume:
EUR 242,000, project co-leader.
April 2001-December 2001, Rapid Technology Introduction in Dynamic High Volume
Environments, research project funded by Nokia Mobile Phones, project volume: EUR
83,000, project leader.
May 2000 – May 2001, Corporate Venturing in Knowledge Intensive Industries, TEKES the
Finnish Funding Agency for Technology and Innovation, project volume: EUR 195,000,
project co-ordinator and researcher.
1998-May 2000, Improving the international competitiveness of the Finnish
telecommunications and electronics cluster, Project in the Telectronics program of the
Academy of Finland, project volume: EUR 152,000, project co-ordinator and researcher.
1997, Influence of information and Communication Technologies on Technological and
Manufacturing Embeddedness among SMEs, TEKES the Finnish Funding Agency for
Technology and Innovation, project volume: EUR 50,000, main researcher.
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Department of Business Administration
TEACHING EXPERIENCE
Executive education
Program Development
Co-Developed a general management program for Tapiola Group, a Finnish financial
services group
Co-Developed a general management program for Atria Group, a large Finnish company in
the food industry
Developed a module on Global Competitive Strategy for Nokia Networks
Developed a module on Business Understanding and Strategy for UPM-Kymmene
Modules taught
Alliance management (Helsinki University of Technology – Dipoli, open program)
Business Understanding and Strategy (Helsinki University of Technology, tailored program
for UPM-Kymmene)
Capturing Value from Corporate Venturing (Vlerick Leuven Gent Management School,
Belgium)
Corporate Entrepreneurship and Innovation (Corporate Entrepreneurship and Open
Innovation Masterclass organized by Philips Research)
Corporate Strategy (TKK ESB – Lemminkäinen In-Company Program)
Corporate Venturing (Helsinki University of Technology - EXIMA)
Global Competitive Strategy (Helsinki University of Technology, tailored program for
Nokia Networks, trained over 6 years about 400 senior managers)
Global Competitive Strategy (Helsinki University of Technology, tailored program for
Nokia Siemens Networks, successor program of the program for Nokia Networks)
Mergers and Acquisitions and Strategy Execution (TKK ESB – Atria In-Company Program)
Strategic Management (Laatukeskus, Finland, open program)
Strategic Management and corporate entrepreneurship (European School of Management
and Technology – ESMT, Berlin)
Strategic Management in Turbulent Environments (Laatukeskus, Finland, open program)
Strategic Management of Technology and Innovation (Helsinki University of Technology -
EXIMA)
Strategic Management- The Need for Change (Aalto EE -- Tapiola In-Company Program)
Strategy Execution (Aalto EE -- VAPO In-Company Program)
Technology Commercialization (Helsinki University of Technology – Dipoli, open
program)
Technology Strategy (Nokia Mobile Phones)
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Department of Business Administration
MBA and Executive MBA program education
Program and course development
Responsible for organizing executive MBA elective in Infocom Management (Helsinki
University of Technology)
2006-2009 Academic responsibility for development Executive MBA and MBA curriculum
at Helsinki University of Technology
Developed a tailored eMBA program for the Finnish Armed Forces
Developed a tailored eMBA program for KESKO, a large Finnish retail chain
Developed a MBA course on corporate entrepreneurship (York University)
Taught MBA courses in
Corporate Entrepreneurship (York University)
Managing the Growing Enterprise (York University)
Strategic Management (York University, Aalto University Executive Education)
Taught Executive MBA courses on
Cooperative Strategies (Helsinki University of Technology)
Extracting value from corporate venturing (Helsinki University of Technology)
Infocom Industry Structure (Helsinki University of Technology)
Innovation (Scandinavian International Management Institute, SIMI, Copenhagen Denmark)
Innovation and Corporate Venturing (Helsinki School of Economics Executive Education,
HSEEE, Helsinki, Finland – LG In-company Executive MBA Program)
Innovation and Corporate Venturing (Helsinki School of Economics Executive Education,
HSEEE, Helsinki, Finland – KepCo In-company Executive MBA Program)
Innovation Management (Helsinki School of Economics Executive Education, HSEEE,
Helsinki, Finland – Korean Executive MBA Program)
Strategic Innovation Management (Aalto Executive Education, Korean Executive MBA
Program)
Strategic Capability Management (Finnish Armed Forces – Tailored eMBA module)
MBA thesis supervision
12 MBA thesis projects (TKK Executive School of Business Oy), 3 MBA theses currently
on-going
PhD level education
Doctoral courses
Advanced Organization Theory (Aalto University, co-taught)
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Department of Business Administration
Advanced Topics in International and Strategic Management (University of Zurich)
Entrepreneurship (York University, co-taught)
Foundations of International and Strategic Management (University of Zurich)
Strategic Management (Helsinki University of Technology, York, co-taught)
Strategic Management of Technology and Innovation (Helsinki University of Technology)
PhD supervision
Doctoral dissertations supervised: Jens Schmidt (graduated 2012), Pasi Kuusela (thesis
defense Fall 2013), Anttti Niemi (thesis defense Fall 2013). Currently co-supervising 2 DSc
thesis projects (Riku Österman, expected graduation 2014, Timo Partanen, expected
graduation 2014). Member of the dissertation committee (instructor) of Juha Uotila
(graduated 2012).
BSc and BA level education
Responsible teacher for courses in
Principles of Strategic Management (Aalto University)
Strategic Management of Multinational Enterprises (University of Zurich)
International Management (University of Zurich)
MSc and MA level education
Program and course development
Developed a one year MSc elective program in Infocom Management
Developed courses on Strategic Management of Technology and Innovation, Strategic
Management in the Telecommunications Industry, and Strategic Management of Growth
and Renewal
Responsible professor for major subject in Strategic Management
Responsible professor for Master of Strategy two year MSc program jointly developed with
Aalto School of Business
Responsible teacher for courses in
Advanced International Business (Helsinki University of Technology)
Advanced Strategic Management (Aalto University)
Global Strategic Management (University of Zurich)
Industry Structure in the Infocom sector (Helsinki University of Technology)
Principles of International Business (Helsinki University of Technology)
Seminar in Business Strategy and International Business (Helsinki University of
Technology)
Seminar in Global Strategy (University of Zurich)
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Department of Business Administration
Strategic Management in the Telecommunications sector (Helsinki University of
Technology)
Strategic Management of Growth and Renewal (Aalto University)
Strategic Management of Technology and Innovation (Helsinki University of Technology)
Co-taught courses in
Advanced Strategic Management (Helsinki University of Technology)
Principles of Strategic Management (Helsinki University of Technology)
Technology-based venturing (Helsinki University of Technology)
MSc Thesis supervision
I supervised over 25 MSc theses
TEACHING CASES
e-Scotia Acquisition Inc.: Creating Strategic Value at a Financial Institution, York University
2003
Digia Ltd.: Leveraging Strategic Investments, Helsinki University of Technology, 2002
Digia Ltd. (B): Internationalizing Operations, Helsinki University of Technology, 2002
More Magic Software : Venture Capital Options in the Early Stage of a High Tech Company,
Helsinki University of Technology, 2002
Synera: Developing Distribution Channels, Helsinki University of Technology, 2002
Synera (B): Choosing between Financing Options, Helsinki University of Technology, 2002
AWARDS
2013 Winner of 17th Annual Citation of Excellence Award by Emerald Group Publishing
2011 Editorial Board Outstanding Reviewer Award, Academy of Management Journal
2010 Best Conference Paper Prize Honorable Mention at the 30 Annual Conference of the
Strategic Management Society
2010 Glueck best paper award of the Business Policy and Strategy division at the Academy
of Management Meetings, Montreal
2007 Best Reviewer Award, Entrepreneurship Theory and Practice 2007
2005 Best Conference Paper Prize Honorable Mention at the 25 Annual Conference of the
Strategic Management Society
2004 Nominated for the 8th Annual Seymour Schulich Teaching Excellence Award
2004 The Stevens Institute of Technology Wesley J. Howe Award for Excellence in
Research on the Topic of Corporate Entrepreneurship at the 2003 Babson Kauffman
14 (15)
Department of Business Administration
Entrepreneurship Research Conference
2003 Outstanding Reviewer award, Entrepreneurship division, Academy of Management
Meetings
2001 Award for the best dissertation completed at Helsinki University of Technology during
2000
1995 Award for the best dissertation proposal at the RENT IX conference on
Entrepreneurship and Small Business Management, November 1995
PERSONAL GRANTS
2011 Research grant from Foundation for Economic Education (Eur 4,000)
1998 Dissertation grant from NESTE Foundation (Eur 6,500)
1998 Dissertation grant from IVO Foundation (Eur 5,000)
1997 Dissertation grant from WIHURI Foundation (Eur 11,000)
SERVICE
Reviewing and editorial positions
Editor of Entrepreneurship Theory and Practice (2011-).
Member of the editorial review boards of Academy of Management Journal (2010-2013 and
2013-2016), Journal of Management Studies (2010-), Strategic Management Journal (200
, and Entrepreneurship Theory and Practice (2006-2011).
Ad-hoc reviewer for Administrative Science Quarterly, Organization Science. Journal of
Management, Journal of Business Venturing, Journal of International Business Studies,
Strategic Entrepreneurship Journal, Journal of Business Research, International Journal of
Technology Management, Venture Capital, International Journal of Networking and Virtual
Organisations (IJNVO), Journal of Engineering and Technology Management, MIS
Quarterly, Research Policy, R&D Management.
Reviewer for Business Policy and Strategy, Technology and Innovation Management, and
Entrepreneurship Divisions at the Academy of Management, Reviewer for Entrepreneurship
and strategy interest group at the Strategic Management Society.
External evaluation for tenure and promotion
External evaluation of Christopher Williams, Western University, 2013.
Evaluation of doctoral work
External Dissertation Examiner: Sari Sallinen, Oulu University, 2002; Taina Tukiainen,
Helsinki University of Technology, 2004; Tapio Ranta, Helsinki University of Technology,
2005; Taiyuan Wang, University of Western Ontario, 2009; Bob Walrave, Eindhoven
University of Technology, 2012.
15 (15)
Department of Business Administration
Second examiner: Behrend Freese, Bern University, 2005; Sandro Kürschner, University of
Zürich, 2013; Michael Boppel, University of St. Gallen, 2013.
Doctoral thesis opponent: Susanne Suhonen, Helsinki School of Economics and Business
Administration, 2002, Vareska Van de Vrande, Eindhoven University of Technology, 2007;
Bob Walrave, Eindhoven University of Technology, 2012.
Reviewing for funding agencies
Reviewer for the Social Sciences and Humanities Research Council of Canada (SSHRC),
Israel Science Foundation, The Netherlands Organisation for Scientific Research (NWO),
Qatar National Research Fund, Qatar , National Science Foundation (NSF), USA.
Positions of trust at associations
Representative-at-large Entrepreneurship and Strategy Interest Group of the Strategic
Management Society (2010-2012)
Member of the Research Committee at the Entrepreneurship Division of the Academy of
Management (2011-2014)
EURAM 2011, Sub-Track Co-chair, Sub-Track: Corporate Strategy - Managing Alliances,
M&As & Divestitures
MEMBERSHIPS
Academy of Management, Strategic Management Society
LANGUAGES
Fluent in German (native), English, Finnish, school knowledge of French, basic knowledge of
Italian (comprehension better than speaking).
PERSONAL
Date and place of birth: February 6, 1970, Frankfurt, Germany
Family: married with Marianna Zangrillo, three children, two step children
Citizenship: German
REFERENCES
References available upon request
September 26, 2013
doc_392688017.pdf