The Research Collaborative on Digital Transformation and Regulatory Technologies for Sustainability and Compliance Excellence
A world-class community of experts from Aalto University and the Stockholm School of Economics.
Strategy and Venturing
We are the leading Institute for research and education in strategy and venturing in Finland.
The Institute of Strategy and Venturing enjoys an international reputation for research and teaching excellence in its core areas, a reputation that is further enhanced by strong links with globally leading business and engineering schools. These strengths are leveraged for the benefit of its students, so as to provide them with a truly transformative learning experience.
The overriding objective of the Institute is to transform the careers of its students by providing them with the skills, competencies, and contacts required to excel in creating and transforming technology-based business in the globalizing business world. To meet our objective, we continuously strive to surpass its standards of research and teaching excellence. By continuously benchmarking our performance against globally leading programs and institutes in its area, we aspire to instill a spirit of excellence in our students, and thus help them reach their full potential.
The teaching activity is supported by world-class research on strategy and venturing. The internationally recognized, award-winning publication activity of our faculty ensures that the knowledge base is continuously refreshed and upgraded with cutting-edge knowledge generated in close co-operation with other leading academics as well as industry and consulting practitioners.
Contact
The Institute is lead by Professor Markku Maula
Professors in Strategy and Venturing
| Illi, M., Gustafsson, R. & Masoodian, M., 17 Oct 2024, Visual metaphors for collaboration planning in strategy meetings Forthcoming In: Journal of Strategy and Management. 21 p. |
| Kimmo Karhu, Mikko Heiskala, Paavo Ritala and Llewellyn D. W. Thomas. Aug 2024, in Academy of Management Perspectives 38(3):349-367 |
| Vuori, Timo O. & Tushman, Michael L., Oct. 2024 Strategic Management Journal, 45(10):2018-2062 |
| Luoma, J. & Hietanen, J. 2024 Forthcoming in Academy of Management Review |
| Llewellyn, T. D. W., Ritala, P., Karhu, K. & Heiskala, M., 18 Jan 2024 . Forthcoming in: Innovation: Organization and Management. |
| Schmidt, J.; Priem, R.; Zanella, P. 2024. Journal of Management, 50(6):2309-2342 |
| Vuori, T. 2024 Strategic Organization, 22(1): 189-210 |
| Kimmitt, J., Kibler, E., Schildt, H. & Oinas, P. 2024. Journal of Management Studies, 61(3):1036-1073 |
| Rönkkö, M., Maheshwaree, P. & Schmidt, J., 2023 The Leadership Quarterly, 34(5), 101733. |
| Hodgkinson, G. P., Burkhard, B., Foss, N. J., Grichnik, D., Sarala, R. M., Tang, Y. & Van Essen, M. 2023 Journal of Management Studies, 60(5):1033-1063 |
| Lehtonen, M. J., Gustafsson, R., & Hassan, L. 2023. Forthcoming in Technological Forecasting and Social Change, 195, 122756. |
| Mucha, T., Ma, S. and Abhari, K. 2023. Internet Research, 33 (7): 168-205. |
| Lähteenoja, V. & Karhu, K. 2023 Data & Policy, 5:1-11 |
| Schildt, H., Lahdenranta, K., Demir, R. & Turunen, T. 2023. Forthcoming in Innovation: Organization and Management |
| Maula, M.V.J., Heimeriks K., & Keil, T. 2023. . Academy of Management Annals, 17(2):546-585 |
| Cepa, K., & Schildt, H. 2023. Long Range Planning, 56(2), April 2023, 102271 |
| Foss, N., Schmidt, J., Teece, D. 2023. . Long Range Planning, 56(1), February 2023, 102270 |
| Lukkarinen, A. & Schwienbacher, A. 2023. Research Policy, 52(1), Janunary 2023, 104648. |
| Kodeih, F., Schildt, H., & Lawrence, T. B. 2023. Organization Studies, 44(2):175-199 |
| Jaribion, A., Khajavi, S., Järvihaavisto, U., Nurmi , I., Gustafsson, R. & Holmström, J. 2023 . IEEE Transactions on Engineering Management, 70(9):3021-3035 |
| Keil, T., Deutsch, Y., Laamanen, T., & Maula, M. V. J. 2023. . Journal of Management Studies, 60(1): 38-81 |
| Cepa, K. & Schildt, H. 2023 . Organization Science, 34(1):129-155 |
| Burkhard, B., Sirén, C., van Essen, M., Grichnik, D., & Shepherd, D. A. 2023 . Journal of Management, 49(8): 2629-2666 |
| Dimov, D., Maula, M. V. J., & Romme, A. G. L. 2022. . Forthcoming in Entrepreneurship Theory & Practice. |
| Bahoo-Torodi, A. & Torrisi, S. 2022 Journal of Business Venturing, 37(6):1-17 |
| Jeon, E. & Maula, M.V.J. 2022. Journal of Business Venturing, 37(4):106226. |
| Maula, M.V.J. & Lukkarinen, A. 2022. . Strategic Entrepreneurship Journal 16 (4): 699-734 |
| Ehrig, T., & Schmidt, J. 2022. Strategic Management Journal, 43(7):1287-1318 |
| Kakarika, M., Biniari, M., Guillén, L., Mayo, M. 2022. Journal of Organizational Behavior 43(9):1562-1578 |
| Schöbel, M., Silla, I., Teperi, A. M., Gustafsson, R., Piirto, A., Rollenhagen, C., & Wahlström, B. 2022. . Energy Research & Social Science, 85, 102378. |
| Tuomala, E., Danivska, V., Gustafsson, R. 2022, . Facilities, 40(1-2): 118-130 |
| Vuori T.O. & Huy Q.N. 2022 . Academy of Management Journal, 65(1): 331-361 |
| Luoma, Jukka; Laamanen, Tomi; Lamberg, Juha-Antti. 2022 . Strategic Organization, 20(2) |
| Cheung, Z, Gustafsson, R., & Nyqvist, R. 2022. Organization Studies 43(8):1223-1246 |
| Roitto, M., Nevalainen, P., & Kaarkoski, M. 2020 Business History 64(8):1510-1553 |
| Vicente, R., Gustafson, R., Martinez-Fuentes, C. 2021. . Science and Public Policy 48(6):799-813 |
| Zhang, Y. & Biniari, M. G., 2021 . International Journal of Entrepreneurial Behavior & Research, 27(6):1502-1525 |
| Liu, Y., & Maula, M.V.J. 2021. Research Policy 50(5): 104216 |
| Sihvonen, A., Luoma, J., & Falk, T. 2021 Industrial Marketing Management 94 (April 2021): 90-105 |
| Pöyry, E., Parvinen, P., & Martens, J. 2021 Journal of Business Research,126 (March 2021):350-360 |
| Pollack, J. M., Maula, M., Allison, T. H., Renko, M., & Guenther, C. C. 2021 Entrepreneurship Theory and Practice 45(2):247-262. |
| Luoma, J & Martela, F. 2021 . Long Range Planning, 54(3) June 2021, 102065 |
| Aguilera, R. V., Duran, P., Heugens, P. P. M. A. R., Sauerwald, S., Turturea, R. & Van Essen, M. Journal of World Business, 2021 56(1). |
| Lamberg, Juha-Antti; Luoma, Jukka. 2021 . Organization Science 32(3):708-730 |
| Reisinger, M., Schmidt, J., Stieglitz, N. 2021 . Management Science, 2021 67(8) |
| Nykänen, N. 2021 Management and Organization Review, 17(3):583-616 |
| Hänninen, M., Luoma, J. & Mitronen, L. 2021 The International Review of Retail, Distribution and Consumer Research, 31(2) |
| Nevalainen, P., & Yliaska, V. 2021 Business History, 63(8) |
| Ehrig, T. & Schmidt, J. 2021 . Strategic Organization 19(2):263-284 |
| Parvinen, P., Laitila, M., Pöyry, E., Gustafsson, R. & Rossi, M. 2020 Communications of the association for information systems, 47(1), 2. |
| Maula, M. V. J., & Stam, W. Entrepreneurship Theory and Practice, 2020 44(6):1059-1090 |
| Heugens, P. P. M. A. R., Sauerwald, S., Turturea, R. & Van Essen, M. Global Strategy Journal, 2020 10(4): 750-778 |
| Cheung, Z., Aalto, E., & Nevalainen, P. Journal of World Business, 2020 55(6), |
| Vicente-Saez, R., Gustafsson, R. & Van den Brande, L. Technological Forecasting and Social Change, 156, July 2020, 120037 |
| Engelen, Peter-Jan; Heugens, Pursey; Van Essen, Marc, Turturea, Roxana; Bailey, Nick Long Range Planning 2020 53 (2). |
| Karhu, K., Gustafsson, R., Eaton, B., Henfridsson, O. & Sørensen, C. MIS Quarterly Executive 2020 19(2/4):105-120. |
| Schildt, H., Mantere, S., Cornelissen, J. . Organization Studies 2020 41(2) |
| Tihanyi, L., Aguilera, R. V., Heugens, P. P. M. A. R., Van Essen, M., Sauerwald, S., Duran, P. & Turturea, R. Journal of Management 2019 45 (6): 2293-2321 |
| Garud, R., Lant, T. K. & Schildt, H. A. Innovation: Management, Policy and Practice 2019 21(1):187-213. |
| Sauerwald, Steve; Heugens, Pursey P M A R; Turturea, Roxana; Van Essen, Marc Journal of Management Studies 2019 56(4): 725-757 |
| Baumann, O., Schmidt, J., Stieglitz, N. Journal of Management 2019 45(1):285-318 |
| Gelderen, M. V.; Kautonen, T.; Wincent, J.; Biniari, M. Small Business Economics 2018 51(4): 923-941 |
| Laamanen, T.; Maula, M.V.J.; Kajanto, M.; Kunnas, P. Long Range Planning Long Range Planning 51 (4): 625-639 |
| Karhu, K., Gustafsson, R., & Lyytinen, K. Information Systems Research 2018 29(2):479–497 |
| Gustafsson, R.; Jarvenpaa, S. R&D Management 2018 48(1): 121-135 |
| Vuori, N., Vuori, T. & Huy, Q.N. Strategic Management Journal 2018 39(3): 859-893 |
| Makarius, E.; Stevens, C.; Tenhiälä, A. Organization Studies 2017 38(12):1665-1686 |
| Keil, T., Maula, M.V.J, & Syrigos, E. Entrepreneurship Theory and Practice 2017 41(4): 475–504 |
| Uotila, J.; Keil, T.; Maula, M.V.J., MIS Quarterly 2017 41(4) :1207-1226. |
| Graebner, M.; Heimeriks, K.; Huy, Q.; Vaara, E. Academy of Management Annals 2017, 11(1):1-32 |
| Kuusela, P.; Keil, T.; Maula, M.V.J. Strategic Management Journal 2017 38 (5): 101-1120 |
| Meuleman, M., Jääskeläinen, M., Maula, M.V.J., Wright, M. Journal of Business Venturing 2017 32 (2):131-144. |
| van der Have, Robert P.; Rubalcaba, Luis Research Policy, November 2016, 45 (9):1923-1935 |
| Liu, Yu; Maula, Markku Academy of Management Journal 2016 59(4): 1407-1429 |
| Lukkarinen, Anna; Teich, Jeffrey E.; Wallenius, Hannele; Wallenius, Jyrki Decision Support Systems 2016 87(July): 26–38 |
| Granqvist, Nina; Gustafsson, Robin Academy of Management Journal 2016 59(3): 1009-1035. |
| Schmidt, Jens; Makadok, Richard; Keil, Thomas Strategic Management Journal 2016 37(5):870-895 |
| Tenhiälä, A.; Giluk, T.L.; Simón, C.; Oh, I.-S.; Kepes, S.; Kim, S. Human Resource Management 2016 55(2):179-200. |
| Cooper, Joseph T.; Stanley, Laura J.; Klein, Howard J.; Tenhiälä, Aino European Journal of Work and Organizational Psychology 2016 25(1):149-165. |
| Mitra, Atul; Tenhiälä, Aino; Shaw, Jason D. Human Resource Management2016 55(1): 69–81. |
| Vuori, T. O., and Huy, Q. N. . Administrative Science Quarterly, 2016 61(1): 9-51. |
| Gustafsson, Robin; Jääskeläinen, Mikko; Maula, Markku; Uotila, Juha International Journal of Management Reviews, 2016 18(1): 28-50. |
2024
Heiskala, Mikko/Implications from digital servitization and open platforms for mass customization capabilities. Aalto University, 2024. 199 p.
Nykänen, Sarri/Drivers of collective action in contemporary democracy. Aalto University, 2024. 214 p.
Seppälä, Jane/On the Strategic Importance of Building and Using Complex, Algorithmic Systems. Aalto University, 2024. 244 p.
Mucha, Tomasz/Machine learning in organizations: The processes of diffusion, capability development, and reframing. Aalto University, 2024. 179 p.
2023
Lipiäinen, Niko/The interplay of internal and external determinants of value creation and capture in transforming business environment. Aalto University, 2023. 151 p.
2022
Österman, Riku/ Resource mobilization in capabilities for strategic change. Aalto University, 2022. 227 p.
Valli, Joosef/ Cognition, Complexity, and the Financial Crisis: The Federal Open Market Committee's Search for a Monetary Policy Strategy". Aalto University, 2022. 206 p.
2021
Vicente Saéz, Rubén/Open science in the digital era. Aalto University, 2021. 97 p.
2020
van der Have, Robert/Seeking Speed: Managing the Search for Knowledge to Innovate Faster.
Aalto University, 2020. 178 p.
Cheung, Zeerim/ Analytically Structured History Approach Using a Relational Database - Essays on the Historical Embeddedness of Strategy Formulation. Aalto University, 2020. 201 p.
Maheswaree, Pardeep/ CEO Selection and CEO-firm Fit. Aalto University, 2020. 135 p.
Nissilä, Heli/ Pursuing legitimacy for solar energy – essays on temporality and collective spaces in nascent fields. Aalto University, 2020. 164 p.
2017
Liu, Yu. / Antecedents and Outcomes of Partnering Abroad with Local Firms: Evidence from Cross-border Venture Capital. Aalto University, 2017. 144 p.
Partanen, Timo M.. / Entry to a New Technology-enabled Product Category - How New Market Uncertainty and Old Market Growth Influence Entry-timing Effects. Aalto University, 2017. 166 p.
Rowell, Chris. / Signaling and Shaping Legitimacy - Weaving webs of meaning in time and new markets. Aalto University, 2017. 160 p.
2016
Hossain, Mokter. / Embracing open innovation to acquire external ideas and technologies and to transfer internal ideas and technologies outside. Aalto University, 2016. 208 p.
Ervasti, Ilpo. / Paper Industry Material Recycling - Revealing and Rectifying the Chaos in Terminology. Aalto University, 2016. 148 p.
Ritakallio, Timo. / Shaping Elements While Maintaining Fit. Aalto University, 2016. 224 p.
Leppälä, Jarkko. / Systematic Risk Management on Farms. Aalto University, 2016. 152 p.
2015
Poesche, Jürgen. / Legitimization of Science and Technology: From the French Pragmatic Sociology and the Annales School to Complex and Recursive Recombination. Aalto University, 2015. 459 p.
2014
Rönkkö, Mikko. / Methodological Myths in Management Research: Essays on Partial Least Squares and Formative Measurement. Aalto University, 2014. 319 p.
Hämäläinen, Markko. / Renaissance Entrepreneurship: A Grounded Theory of Entrepreneurial Recycling. Aalto University, 2014. 182 p.
Peltonen, Juhana. / Strategic Management of Entrepreneurial Firms during Recession. Aalto University, 2014. 140 p.
Manninen, Otso. / Understanding Private Equity Fund Returns: Access as the Determinant of Differences between Limited Partners’ Private Equity Returns. Aalto University, 2014. 102 p.
2013
Kuusela, Pasi. / A Behavioral Theory Perspective on Acquisitions, Acquisition Performance, and Strategic Alternatives. Aalto University, 2013. 187 p.
Niemi, Antti. / The Governance of Long-Term Investing in Knowledge Creation - Novel Control Mechanisms for Reducing Managerial Myopia and Increasing Growth in Organizations. Aalto University, 2013. 226 p.
2012
Uotila, Juha. / Balancing exploratory and exploitative adaptation: Organizational and environmental dynamics. Aalto University, 2012. 229 p.
Schmidt, Jens. / Exploiting value-creation opportunities : A demand-based view. Aalto University, 2012. 263 p.
Vuori, Natalia. / Learning to carry out multiple acquisitions. Aalto University, 2012. 170 p.
Ollinaho, Ossi I.. / Origins of institutional change: Brazilian alcohol fuel program between 1975 and 2000. Aalto University, 2012. 270 p.
Viitamo, Esa. / Productivity as a competitive edge of a service firm : Theoretical analysis and a case study of the Finnish banking industry. Aalto University, 2012. 348 p.
Valorinta, Mikko. / Socio-cognitive perspectives on IT-enabled change in organizations. Aalto University, 2012. 134 p.
2011
Tahvanainen, Antti-Jussi. / Diagnosing the growing pains of a technology-based industry an examination of the Finnish biotechnology industry in light of empirical economics. ETLA - The Research Institute of the Finnish Economy, 2011. 229 p.
Järvinen, Joonas. / Dynamics of ecological interdependences between European paper & pulp and printing & publishing industries, 1950-2005. Aalto University, 2011. 250 p.
Vuori, Timo. / Emotional sensegiving. Aalto University, 2011. 227 p.
Thompson, Marc. / Management capability, innovations in work practices and performance : multilevel research in science and technology based firms. Aalto University, 2011. 51 p.
Kuronen, Tuomas. / Ritual in constructing strategic leadership mythologies. Aalto University, 2011. 146 p.
2010
Gustafsson, Robin. / Awareness, institutional entrepreneurship, and contradictions in emerging technological fields. Aalto-yliopiston teknillinen korkeakoulu, 2010. 223 p.
Keränen, Tapio. / Change in organization - emerging situations, character and praxis. Aalto-yliopiston teknillinen korkeakoulu, 2010. 225 p.
Aaltonen, Pertti. / Co-selection in R&D project portfolio management. Aalto-yliopiston teknillinen korkeakoulu, 2010. 197 p.
Laasasenaho, Martti. / Ohjelmakeskeisestä kehittämispolitiikasta yksilökeskeiseen kehittämispolitiikkaan harvaan asutulla maaseudulla : Elämänurasopimus kunnan ja kehittäjäyksilön välillä. Aalto-yliopiston teknillinen korkeakoulu, 2010. 247 p.
Partanen, Timo. / Regulatory interaction in electricity retail theory and evidence from the United States and the European Union. Aalto-yliopiston teknillinen korkeakoulu, 2010. 258 p.
Nikulainen, Tuomo. / Studies on the diffusion of new science-based technologies. Taloustieto, 2010. 123 p.
| Name | Title | Telephone | Room |
| Bodner, Julia | Visitor | ||
| Byström, Nomi | Project Researcher | 4134a | |
| Cheung, Zeerim | Visitor | ||
| Doctoral Researcher | 4137 | ||
| Associate Professor | +358 50 316 0981 | 4113 | |
robert.vanderhave(at)aalto.fi |
Visitor | 4110 | |
| Doctoral Researcher | 4137 | ||
| Doctoral Researcher | +358 50 387 8152 | 4141 | |
| Henriksson, Nina | Planning Officer | +358 50 387 8110 | 4115 |
| Hokkanen, Pinja | Doctoral Researcher | 4117 | |
| Indukaev, Andrey | Postdoctoral Researcher | 4142 | |
| Associate Professor | +358 50 592 3470 | 4135 | |
| University Teacher | +358 40 701 9500 | 4110 | |
| Assistant Professor | +358 40 757 6871 | 4140 | |
| Senior Lecturer | +358 41 503 4508 | 2168 | |
| Liesola, Erik | Doctoral Researcher | +358 50 400 1721 | 4141 |
| Visiting Postdoctoral Researcher | +358 50 452 4334 | 4125 | |
| Associate Professor | +358 40 353 8412 | 4142 | |
| Professor, Head of the Institute | +358 40 556 0677 | 4114 | |
| Visiting Researcher | +358 50 475 5232 | 4141 | |
| Visitor | |||
| Pessoa de Melo Gomes, Victor victor.gomes@aalto.fi |
Doctoral Researcher | 4125 | |
| Saarnio, Janina | Project Employee | ||
| Doctoral Researcher | 4125 | ||
| Professor | +358 50 413 9442 | ||
| Associate Professor, Head of the Department | +358 50 373 1429 | 4113 | |
| Postdoctoral Researcher | +358 50 325 1920 | 4125 | |
| Associate Professor | +358 50 441 9072 | 4116 | |
| Vänttinen, Noora | Doctoral Researcher | 4117 | |
| Doctoral Researcher | 4137 | ||
| Professor, emerita | +358 50 387 8109 | 3168 |
Email addresses = forename.surname@aalto.fi unless otherwise indicated.
Highlighted research projects
IN2MISSION: How can innovation policy accelerate the creation of solutions to our greatest societal challenges?
The project seeks to understand what are the most impactful innovation policy tools that enable advancements and innovations in data and platform economy.
Policy Rationales in the Shift to Digital Platform Economy
The project "Policy Rationals in the Shift to Digital Platform Economy" run by Aalto University studies the impacts of digital platform economy to the business and competitiveness of firms and the current state of Finnish innovation funding.Â