Harry J Sapienza.doc

1 Harry J Sapienza Curtis L Carlson Chair in Entrepreneurship Professor of Strategic Management and Organization Carlson School of Management Rm 3 39015916 Willowood Dr University of MinnesotaMinnetonka MN 55345 321 19th Avenue SouthUSA Minneapolis MN 55455 952 906 7669 sapienza umn edu 612 625 ah ha EDUCATION Ph D 1989 Strategic Management University of Maryland at College Park M B A 1984 University of Maryland at College Park M A 1980 English Boston College B A 1972 English University of Maryland at College Park HONORS Best Paper Journal of Management Studies 2007 for all articles appearing in 2006 Outstanding Service Award Babson Entrepreneurship Research Conference 2005 Taylor Francis Award Best paper award Venture Capital 2005 Neeley Best Paper Award Entrepreneurship Division Academy of Management 2004 Best Conceptual Paper Entrepreneurship Division Academy of Management 2003 Mentor Award Entrepreneurship Division Academy of Management 2003 Allen Nash Distinguished Ph D Alumni University of Maryland 2001 Best Conceptual Paper Entrepreneurship Division Academy of Management 2000 NFIB Paper of Distinction Babson Entrepreneurship Research Conference 1999 Best Empirical Paper International Conference of Small Business 1997 Best Faculty Paper Entrepreneurship Innovation Southern Mgmt Association 1996 Alfred G Smith Award for Excellence in Teaching University of South Carolina 1996 Mortar Board Excellence in Teaching Award University of South Carolina 1995 Best Paper Entrepreneurship Division Academy of Management 1995 Lilly Teaching Fellows Award University of South Carolina 1992 1993 Heizer Dissertation Award Entrepreneurship Division Academy of Management 1991 Best Dissertation ORSA TIMS College of Innovation Mgmt Entrepreneurship 1990 Best Paper Entrepreneurship Division Academy of Management 1989 2 TEACHING EXPERIENCE 2001 present Professor University of Minnesota 1997 2000 Associate Professor University of South Carolina 1997 1998Visiting Associate Professor London Business School 1991 1997 Assistant Professor University of South Carolina 1988 1991 Assistant Professor University of Baltimore JOURNAL ARTICLES Forbes D F Korsgaard M A Sapienza H J Forthcoming Financing decisions as a source of conflict in venture boards Journal of Business Venturing Cumming D Sapienza H J Siegel D S Wright M 2009 International entrepreneurship Managerial and policy implications Strategic Entrepreneurship Journal 3 283 296 Authors contributed equally and are listed in alphabetical order Harris J D Sapienza H J Bowie N E 2009 Ethics and entrepreneurship Journal of Business Venturing 24 407 418 Villanueva J Sapienza H J 2009 Goal tolerance outside investors and family firm governance Entrepreneurship Theory and Practice November 1193 1199 Van de Ven A Sapienza H J Villanueva J 2008 Entrepreneurial pursuits of self and collective interests Strategic Entrepreneurship Journal 1 3 4 353 370 De Clercq D Sapienza H J Zaheer A 2008 Firm and group influences on venture capital firms involvement in new ventures Journal of Management Studies 45 1169 1194 Sapienza H J Autio E George G Zahra S 2006 A capabilities perspective on the effects of new venture internationalization on survival and growth Academy of Management Review 31 914 933 Zahra S Sapienza H J Davidsson P 2006 Entrepreneurship and dynamic capabilities A review model and research agenda Journal of Management Studies 43 917 955 Selected as Best Paper in JMS for 2006 De Clercq D Fried V Lehtonen O Sapienza HJ 2006 An entrepreneur s guide to the venture capital galaxy Academy of Management Perspectives 20 90 112 3 De Clercq D Sapienza H J 2006 Effects of relational capital and commitment on venture capitalists perception of portfolio company performance Journal of Business Venturing 21 326 347 Forbes D Borchert P Zellmer Bruhn M Sapienza H J 2006 Entrepreneurial team formation An exploration of new member addition Entrepreneurship Theory Practice 30 225 248 De Clercq D Sapienza H J Crijns H 2005 The internationalization of small and medium sized firms The role of organizational learning effort and entrepreneurial orientation Small Business Economics 24 409 419 De Clercq D Sapienza H J 2005 When do venture capital firms learn from their portfolio companies Entrepreneurship Theory Practice 29 517 535 Sapienza H J De Clercq D Sandberg W R 2005 Antecedents of international and domestic learning effort Journal of Business Venturing 20 437 457 Wright M Lockett A Pruthi S Manigart S Sapienza H J Desbrieres P Hommel U 2004 Venture capital investors capital markets valuation and information US Europe and Asia Journal of International Entrepreneurship 2 4 305 326 Sapienza H J Parhankangas A Autio E 2004 Knowledge relatedness and post spinoff growth Journal of Business Venturing 19 809 829 Authors contributed equally and are listed in reverse alphabetical order Saparito P A Chen C C Sapienza H J 2004 The role of relational trust in bank small firm relationships Academy of Management Journal 47 3 400 410 Young G Sapienza H J Baumer D 2003 The influence of flexibility in buyer seller relationships on the productivity of knowledge Journal of Business Research 56 6 443 451 Johnson J P Korsgaard M A Sapienza H J 2002 Perceived fairness decision control and commitment in international joint venture management teams Strategic Management Journal 23 1141 1160 Authors contributed equally and are listed alphabetically Korsgaard M A Sapienza H J Schweiger D M 2002 Beaten before begun The role of procedural justice in planning change Journal of Management 28 4 497 516 Manigart S DeWaele K Wright M Robbie K Desbrieres P Sapienza HJ Beekman A 2002 Determinants of required returns in venture capital investments A five country study Journal of Business Venturing 17 291 312 Lockett A Wright M Sapienza H J Pruthi S 2002 Venture capital investors valuation and information a comparative study of the US Hong Kong India and Singapore Venture Capital 4 3 237 253 4 Yli Renko H Autio E Sapienza HJ 2001 Social capital knowledge acquisition and knowledge exploitation in young technology based firms Strategic Management Journal 22 587 613 De Clercq D Sapienza HJ 2001 The creation of relational rents in venture capitalist entrepreneur dyads Venture Capital 3 107 127 Yli Renko H Sapienza HJ Hay M 2001 The role of contractual governance flexibility in realizing the outcomes of key customer relationships Journal of Business Venturing 16 529 555 Sapienza HJ Korsgaard MA Goulet P Hoogendam JP 2000 Effects of agency risks and procedural justice on board processes in venture capital backed firms Entrepreneurship Regional Development 12 331 351 Autio E Sapienza HJ Almeida JG 2000 Effects of age at entry knowledge intensity and imitability on international growth Academy of Management Journal 43 5 909 924 First two authors contributed equally Manigart S De Waele K Wright M Robbie K Desbrieres P Sapienza HJ Beekman A 2000 Venture capitalists investment appraisal and accounting information A comparative study of the US UK France Belgium and Holland European Financial Management 6 3 389 404 Sapienza H J De Clercq D 2000 Venture capitalist entrepreneur relationships in technology based ventures Enterprise and Innovation Management Studies 1 1 57 71 Sapienza H J Grimm C M 1997 Founder characteristics start up process and strategy structure variables as predictors of shortline railroad performance Entrepreneurship Theory Practice 22 1 5 24 Amason A C Sapienza H J 1997 Effects of top management team size and interaction norms on cognitive and affective conflict Journal of Management 23 4 495 516 Feldman D C Sapienza H J Bolino M 1997 Patterns of growth and specialization in the executive search industry Journal of Managerial Issues Vol IX 2 176 186 Sapienza H J Korsgaard M A 1996 Procedural justice in entrepreneur investor relations Academy of Management Journal 39 3 544 574 Sapienza H J Manigart S Vermeir W 1996 Venture capitalist governance and value added in four countries Journal of Business Venturing 11 6 439 469 Bloodgood J M Sapienza H J Almeida J G 1996 The internationalization of new high potential ventures Antecedents and outcomes Entrepreneurship Theory Practice 20 4 61 76 5 Korsgaard M A Schweiger D M Sapienza H J 1995 Building commitment attachment and trust in strategic decision making teams The role of procedural justice Academy of Management Journal 38 1 60 94 Sapienza H J Gupta A K 1994 The impact of agency risks and task uncertainty on venture capitalist CEO interactions Academy of Management Journal 37 6 1618 1632 Sapienza H J Amason A C Manigart S 1994 The level and nature of venture capitalists involvement in their portfolio companies A study of three European countries Managerial Finance 20 1 3 17 Sapienza H J Amason A 1993 Effects of innovativeness and venture stage on venture capitalist entrepreneur relations Interfaces 23 6 38 51 Grimm C M Sapienza H J 1993 Determinants of shortline railroad performance Transportation Journal 32 3 5 13 Sapienza H J 1992 When do venture capitalists add value Journal of Business Venturing 7 9 27 Gupta A K Sapienza H J 1992 Determinants of venture capital firms preferences for industry diversity and geographic scope of their investments Journal of Business Venturing 7 347 362 Herron L Sapienza H J 1992 The entrepreneur and the initiation of new venture launch activities Entrepreneurship Theory Practice 17 1 49 55 Acs Z Herron L Sapienza H J 1992 Financing Maryland biotechnology Economic Development Quarterly 6 373 382 Sriram V Sapienza H J 1991 An empirical examination of the role of marketing for small exporters Journal of Small Business Management 29 4 33 43 Randolph W A Sapienza H J Watson A 1991 Technology structure fit and performance in small businesses An examination of the moderating effects of organizational states Entrepreneurship Theory Practice 16 4 27 41 Preston L E Sapienza H J 1990 Stakeholder management and corporate performance Journal of Behavioral Economics 19 4 361 375 Smith K G Gannon M J Sapienza H J 1989 Selecting methods for entrepreneurial strategy research Entrepreneurship Theory Practice 14 1 39 49 Sapienza H J Smith K G Gannon M J 1988 Using subjective evaluations of organizational performance in small business research American Journal of Small Business 12 3 45 54 6 BOOK CHAPTERS INVITED PAPERS Sapienza H J Villanueva J 2007 Conceptual and theoretical reflections on venture capital research In Hans Landstrom Ed Handbook of Venture Capital Research Edward Elgar Cheltenham UK pp 66 85 Sapienza H J Korsgaard MA Forbes D 2003 The self determination motive and entrepreneurs choice of financing In Jerome A Katz Dean Shepherd Eds Advances in Entrepreneurship Firm Emergence and Growth Cognitive Approaches to Entrepreneurship Research vol 6 Elsevier JAI Oxford UK pp 105 138 Korsgaard M A Brodt S E Sapienza H J 2003 Trust identity and attachment Promoting individuals cooperation in groups In Michael A West Dean Tjosvold Ken G Smith Eds International Handbook of Organizational Teamwork Cooperative Working John Wiley Sons Chichester UK pp 113 130 Korsgaard M A Sapienza H J Schweiger D M 2001 Organizational justice in strategic decision making In R Cropanzano Ed Justice in the Workplace Vol 2 Lawrence Erlbaum Associates Mahwah NJ pp 209 226 Sapienza H J 2000 What to expect from venture capitalists In Mastering entrepreneurship S Birley D Muzyka Eds London Prentice Hall Financial Times pp 114 120 Manigart S Sapienza H J 2000 Venture capital and growth In D L Sexton and H Landstrom Eds The Blackwell handbook of entrepreneurship Oxford Blackwell Publishers pp 240 258 Manigart S Desbri res P Robbie K Sapienza H Beekman A De Waele K 1999 Venture capitalists investment appraisal and accounting information A comparative study of the USA UK France Belgium and Holland In M Wright and K Robbie Eds Management buy out and venture capital Into the next millennium Cheltenham UK Edward Elgar 238 262 Timmons J A Sapienza H J annually 1991 present Venture capital More than money In Pratt s Guide to Venture Capital Sources volumes 15 27 Bloodgood J M Sapienza H J Carsrud A L 1995 The dynamics of new business start ups Person context and process In J Katz R H Brockhaus eds Advances in Entrepreneurship Firm Emergence and Growth Volume 2 pp 123 144 Greenwich CT JAI Press 7 Timmons J A Sapienza H J 1992 Venture capital The decade ahead In D Sexton J Kasarda Eds The State of the Art of Entrepreneurship Research Boston PWS Kent pp 402 437 Herron L Sapienza H J Smith Cook D 1992 Entrepreneurship theory from an interdisciplinary perspective Entrepreneurship Theory Practice 16 3 5 11 Herron L Sapienza H J Smith Cook D 1991 Entrepreneurship theory from an interdisciplinary perspective Entrepreneurship Theory Practice 16 2 7 12 Preston L E Sapienza H J Miller R D 1991 Stakeholders shareholders managers Who gains what from corporate performance In A Etzioni P R Lawrence Eds Socio Economics Toward a new synthesis New York M E Sharp p 149 165 Sapienza H J Timmons J A 1988 The IPO market Black and blue after Black Monday Babson Entrepreneurial Review 4 3 5 REPRINTS RESEARCH TRANSLATIONS Saparito P A Chen C C Sapienza H J 2008 The Role of Relational Trust in Bank Small Firm Relationships In Landmark Papers on Trust Volume II R Bachmann and A Zaheer Eds Edward Elgar Cheltenham UK pp 236 246 Reprinted from Academy of Management Journal 47 3 400 410 Wright M Lockett A Pruthi S Manigart S Sapienza H J Desbrieres P Hommel U 2007 Venture capital investors capital markets valuation and information US Europe and Asia In International Entrepreneurship Ben Oviatt Patricia McDougall Eds Edward Elgar UK Reprinted from Journal of International Entrepreneurship 2 4 305 326 Forbes D Borchert P Zellmer Bruhn M Sapienza H J 2007 Entrepreneurial team formation An exploration of new member addition Entrepreneurship Theory Practice 30 225 248 In Institute of Chartered Financial Analysts of India ICFAI Sapienza H J Korsgaard M A 2000 The role of procedural justice in entrepreneur investor relations In Advances in entrepreneurship P Westhead M Wright Eds Edward Elgar Publishers 400 430 Reprinted from Academy of Management Journal 39 3 544 574 Sapienza H J 1998 When do venture capitalists add value In Sue Birley ed Entrepreneurship History of management thought series London Ashgate Publishing Limited 367 385 Reprinted from Journal of Business Venturing 1992 7 9 27 Korsgaard M A Sapienza H J Schweiger D A 1999 Building commitment attachment and trust in strategic decision making teams The role of procedural 8 justice In Harvard Business Review xxx Reprinted from Academy of Management Journal 1995 38 1 60 94 NATIONAL PROCEEDINGS Villanueva J Zellmer Bruhn M A Forbes D Sapienza H J 2005 The entrepreneurial intentions of academic scientist inventors Frontiers of Entrepreneurship Research Forbes D F Korsgaard M A Sapienza H J 2005 Board conflict in the aftermath of the market crash Frontiers of Entrepreneurship Research Winner of Taylor Francis best venture capital paper award George G Zahra S A Autio E Sapienza H J 2004 By leaps and rebounds The development of international early entry capabilities in start ups Best Paper Proceedings Academy of Management Sapienza H J Autio E Zahra S 2003 Effects of internationalization on young firms prospects for survival and growth Best Paper Proceedings Academy of Management Korri S Autio E Sapienza H J 2003 Internationalization of technology based new firms A sense making perspective Frontiers of Entrepreneurship Research 510 519 Saparito P Chen C Sapienza H J 2002 The central role of calculus based trust and relational trust in bank small firm relationships Best Paper Proceedings Academy of Management De Clercq D Sapienza H J 2002 Knowledge based antecedents of venture capital firm value added Frontiers of Entrepreneurship Research 418 429 Autio E Arenius P Sapienza H J 2002 Efforts for technology sharing in international collaborative relationships of new software firms Frontiers Of Entrepreneurship Research 592 601 Manigart S Korsgaard M A Folger R Sapienza H J Baeyens K 2001 The impact of trust on private equity contracts Frontiers of Entrepreneurship Research 494 502 Autio E Burgel O Sapienza H J 2000 Comparing the process and born global perspectives in the international growth of technology based new firms Frontiers of Entrepreneurship Research 413 424 Almeida J Sapienza H J Hay M 2000 Growth through internationalization Patterns among British SMEs Frontiers of Entrepreneurship Research 402 412 9 Yli Renko H Autio E Sapienza H J Hay M 1999 Social capital relational learning and knowledge distinctiveness in technology based firms Frontiers of Entrepreneurship Research 586 600 National Federation of Independent Business NFIB Paper of Distinction Sapienza H J Almeida J G Hay M Levie J 1998 Managing goal tradeoffs Implications for the entrepreneur Frontiers of Entrepreneurship Research 258 268 Landstrom H Manigart S Mason C Sapienza H J 1998 Contracts between investors and entrepreneurs Terms and processes Frontiers of Entrepreneurship Research 571 585 Alphabetical listing authors contributed equally Almeida J G Sapienza H J Hay M 1998 Resources strategy and performance of growth oriented SMEs Best Paper Proceedings Academy of Management Sapienza H J Korsgaard M A Schweiger D M 1997 Procedural justice and changes in the psychological contract A longitudinal study of reengineering planning Best Paper Proceedings Academy of Management 354 358 Sapienza H J Korsgaard M A Hoogendam J 1997 What do new venture boards do Frontiers of Entrepreneurship Research 118 130 Autio E Yli Renko H Sapienza H J 1997 Leveraging resources under threat of opportunism Predicting networking in international growth ICSB Conference Proceedings San Francisco BEST EMPIRICAL PAPER Sapienza H J Manigart S Vermeir W 1995 A comparison of venture capitalist governance and value added in the U S and Western Europe Best Paper Proceedings Academy of Management