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Natarajan Balasubramanian

Natarajan Balasubramanian

Professor of Management

Room: 522
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Ph D, UCLA Anderson School of Management (Management)

Natarajan Balasubramanian is Professor of Management at the Whitman School of Management. His research aims to enhance our understanding economic value creation by new and existing firms. To this end, he typically uses large-scale data to uncover generalizable facts about how competition, innovation and learning affect the entry and performance of firms. His research has been published in Management Science, Review of Economics & Statistics, and Strategic Management Journal. His research work also earned him the prestigious Kauffman Junior Faculty Fellowship in 2012. He is currently a member of the editorial review board of the Strategic Management Journal and the editorial board of the Journal of Management, and reviews for many of the leading management journals. Prof. Balasubramanian teaches aspects of strategic management to undergraduate and graduate students. His teaching is built on the belief that the ability to solve unstructured problems and the ability to bring to bear quantitative analysis to decision making along with the ability to persuade a diverse audience about one's viewpoint will be increasingly critical assets for business professionals. Accordingly, he aims to foster critical discussion and thinking through his teaching, in addition to being an active learner himself. In his prior corporate life at Andersen and Infosys, he worked on business valuation, business process re-engineering, and public sector restructuring assignments.

Research Topics

  • Industry competition
  • Organizational learning
  • Innovation
  • Spinouts (employee entrepreneurship)
  • Firm growth
  • Productivity

Strategic Management, Firm Performance, Technological Change, Industry Evolution

Employee entrepreneurship, innovation, learning, productivity and industry competition

Working Papers
  • "Spinout Formation: Do Opportunities and Constraints Benefit High Human Capital Founders?", (with Sakakibara, M.)
  • "Firm Growth and Governance: Running to Stand Still?", (with Dharwadkar, R., Sivadasan, J.)
  • "Learning by Doing and Capital Structure", (with Deb, P.)
  • "Managerial Insulation and Research and Development Investments: An Empirical Examination. ", (with Dharwadkar, R., Suh, S.)
Selected Publications
  • "Locked In? Noncompete Enforceability and the Mobility of High Tech Workers", Journal of Human Resources, 2020 (with Chang, J., Sakakibara, M., Sivadasan, J., Starr, E.)
  • "Human capital, parent size and the destination industry of spinouts.", Strategic Management Journal, 41(5), 815-840, 2020 (with Sakakibara, M.)
  • "Human Capital, Parent Size and the Destination Industry of Spinouts ", Strategic Management Journal, 2020 (with Sakakibara, M.)
  • "Value Creation and Appropriation in Firms: Conceptual Review and a Method for Measurement.", Strategic Management Journal, 39, 1546-1572, 2018 (with Lieberman, M., Garcia, R.)
  • "Enforcing Covenants Not to Compete: The Life-Cycle Impact on New Firms ", Management Science, 64(2), 552-572, 2018 (with Starr, E., Sakakibara, M.)
  • "Deadlines, Work Flows, Task Sorting, and Work Quality ", Management Science, 64(4), 1804-1824 , 2018 (with Lee, J., Sivadasan, J.)
  • "Measuring Value Creation and Appropriation in Firms: Application of the VCA Model. ", Strategic Management Journal, 38(6), 1193-1211, 2017 (with Garcia, R., Lieberman, M.)
  • "Familial transient financial difficulties during infancy and long-term developmental concerns", Psychological Medicine, 2017 (with Ramanathan, S., Faraone, S.)
  • "Macroeconomic environment during infancy as a possible risk factor for adolescent behavioral problems", JAMA Psychiatry, 70(2), 218-225, 2013 (with Ramanathan, S., Krishnadas, R.)
  • "New plant venture performance differences among incumbent, diversifying, and entrepreneurial firms: The impact of industry learning intensity", Management Science, 57(3), 549-565, 2011
  • "What happens when firms patent? New evidence from U.S. Economic census data", Review of Economics and Statistics, 93(1), 126-146, 2011 (with Sivadasan, J.)
  • "Learning-by-doing and market structure", Journal of Industrial Economics, 59(2), 177-198, 2011 (with Lieberman, M.)
  • "Industry learning environment and the heterogeneity of firm performance", Strategic Management Journal, 2010
  • "Capital resalability, productivity dispersion, and market structure", Review of Economics and Statistics, 91(3), 547-557, 2009 (with Sivadasan, J.)
  • "Firm age and innovation", Industrial and Corporate Change, 17(5), 1019-1047, 2008 (with Lee, J.)
  • "Substituting Human Decision-Making with Machine Learning: Implications for Organizational Learning", Academy of Management Review (with Ye, Y., Xu, M.)

Awards and Honors

  • Edward Pettinella Associate Professorship of Business - Whitman School of Business (2018)
  • Guttag Faculty Fellow - Whitman School of Management (2016)
  • Distinguished Paper Award - BPS Division, Academy of Management (2016)
  • Whitman Research Fellow - Whitman (2014)
  • Guttag Junior Faculty Award - Whitman School of Management (2013)
  • Kauffman Junior Faculty Fellow - Entrepreneurship Research (2012)
  • Finalist, Outstanding Dissertation Award Competition - Business Policy and Strategy Division, Academy of Management (2008)
  • Best Professor - Downtown MBA Program, Florida International University (2008)