• Maarintie 8


    Research activity per year

    Personal profile

    Artistic and research interests

    Markku Maula is Professor of Venture Capital and the Head of the Institute of Strategy and Venturing at the Department of Industrial Engineering and Management at Aalto University School of Science. He earned his PhD at Helsinki University of Technology in 2001 winning the Heizer Doctoral Dissertation Award in New Enterprise Development. He has been a visiting scholar at INSEAD and Stanford University and gained work experience in companies including CapMan and Nokia.

    Markku’s research focuses on venture capital and private equity, corporate venturing, mergers and acquisitions, and technology-based new firms, and more generally, on the intersection of strategy, entrepreneurship, international business, innovation, and corporate finance. His research often builds on and contributes to the behavioral theory of the firm, attention-based view, and/or institutional theory and is frequently based on quantitative empirical research applying novel methods in large datasets.

    Markku has published his research in leading peer-reviewed journals including Academy of Management Journal, Strategic Management Journal, Organization Science, Journal of Business Venturing, Entrepreneurship Theory & Practice, Strategic Entrepreneurship Journal, Research Policy, and MIS Quarterly, among others. He has also received several international awards for outstanding scholarship.

    Markku is Senior Editor of Entrepreneurship Theory & Practice and serves on the Editorial Boards of Strategic Management Journal, Journal of Business Venturing, Entrepreneurship Theory & Practice, and Venture Capital: An International Journal of Entrepreneurial Finance. He was the Founding Director of Aalto Ventures Program, has served in many scientific committees and organizations such as the Research Committee of the Entrepreneurship Division of the Academy of Management, and has also acted as an advisor to many firms and government agencies in issues related to his areas of expertise.

    Expertise related to UN Sustainable Development Goals

    In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):

    • SDG 7 - Affordable and Clean Energy
    • SDG 8 - Decent Work and Economic Growth
    • SDG 9 - Industry, Innovation, and Infrastructure
    • SDG 13 - Climate Action

    Education/Academic qualification

    Doctoral degree, Engineering and Technology, Helsinki University of Technology

    Award Date: 19 Dec 2001

    Kauppatieteiden maisteri, rahoitus,suomi, Helsingin kauppakorkeakoulu

    Award Date: 29 Sept 2000

    Master's degree, Business and Economics, Helsinki School of Economics

    Award Date: 26 Jan 2000

    Master's degree, Engineering and Technology, Helsinki University of Technology

    Award Date: 26 Jan 2000


    • Venture capital and private equity
    • Cross-border venture capital
    • Corporate venturing
    • Mergers and acquisitions


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