BEF - BUREAU OF ENTREPRENEURIAL FINANCE

Massimo Colombo

Massimo Colombo

Bio

Massimo G. Colombo is Full Professor of Entrepreneurship, Entrepreneurial Finance and Innovation Economics at Politecnico di Milano. He is also the Vice-Dean for Research & Rankings of Politecnico di Milano School of Management. His main research interests are in the area of financing, organization, and growth of high-tech entrepreneurial ventures, strategic alliances, acquisitions and open innovation. He is author (or co-author) of numerous books and articles in leading scientific journals including Science, Strategic Management Journal, Strategic Entrepreneurship Journal, Entrepreneurship Theory & Practice, Journal of Business Venturing, Research Policy, Journal of Industrial Economics, Small Business Economics, among others. He has acted as the scientific coordinator of several research projects funded by public institutions such as the European Commission and the Italian Ministry of University and Research, and private firms. Presently, he is a member of the scientific board of the Horizon 2020 RISIS2 project. He has also provided scientific advice to prominent governmental institutions, like the European Court of Auditors, the European Investment Fund, the European Investment Bank, and ANVUR, the regulatory agency of Italian universities and public research organizations.

Publications

2021

Bertoni, Fabio, Stefano Bonini, Vincenzo Capizzi, Massimo G. Colombo, and Sophie Manigart. 2021. “Digitization in the Market for Entrepreneurial Finance: Innovative Business Models and New Financing Channels” Entrepreneurship Theory and Practice. https://doi.org/10.1177/10422587211038480

Aghasi, Keivan, Massimo G. Colombo, Cristina Rossi-Lamastra. 2021. “Post-Acquisition Retention of Target Founder-CEOs: Looking Beneath the Surface”. Journal of Management Studies. https://doi.org/10.1111/joms.12762

Colombo, Massimo G., Evila Piva, Anita Quas, and Cristina Rossi-Lamastra. 2021. “Dynamic Capabilities and High-Tech Entrepreneurial Ventures’ Performance in the Aftermath of an Environmental Jolt.” Long Range Planning 54 (3): 102026. https://doi.org/10.1016/j.lrp.2020.102026.

Colombo, Massimo G., and Kourosh Shafi. 2021. “Receiving External Equity Following Successfully Crowdfunded Technological Projects: An Informational Mechanism.” Small Business Economics 56 (4): 1507–29. https://doi.org/10.1007/s11187-019-00259-1.

Colombo, Massimo G., Massimiliano Guerini, Cristina Rossi-Lamastra, and Andrea Bonaccorsi. 2021. “The ‘First Match’ between High-Tech Entrepreneurial Ventures and Universities: The Role of Founders’ Social Ties.” The Journal of Technology Transfer, February. https://doi.org/10.1007/s10961-021-09848-3.

Colombo, Massimo G., Nicolai J. Foss, Jacob Lyngsie, and Cristina Rossi Lamastra. 2021. “What Drives the Delegation of Innovation Decisions? The Roles of Firm Innovation Strategy and the Nature of External Knowledge.” Research Policy 50 (1): 104134. https://doi.org/10.1016/j.respol.2020.104134.

 Ughetto, Elisa, Croce Annalisa, Schwienbacher Armin, Colombo Massimo, and Brem Alexander. 2021. “Digital Technologies and the Changing Entrepreneurial Finance Landscape: Status Quo and Perspectives for Future Research.” Technological Forecasting and Social Change 168 (July): 120768. https://doi.org/10.1016/j.techfore.2021.120768.

2020

Colombo, Massimo G., and Evila Piva. 2020. “Start-Ups Launched by Recent STEM University Graduates: The Impact of University Education on Entrepreneurial Entry.” Research Policy 49 (6): 103993. https://doi.org/10.1016/j.respol.2020.103993.

2019

Bertoni, Fabio, Massimo G. Colombo, and Anita Quas. 2019. “The Role of Governmental Venture Capital in the Venture Capital Ecosystem: An Organizational Ecology Perspective.” Entrepreneurship Theory and Practice 43 (3): 611–28. https://doi.org/10.1177/1042258717735303.

Bertoni, Fabio, Massimo G. Colombo, Anita Quas, and Francesca Tenca. 2019. “The Changing Patterns of Venture Capital Investments in Europe.” Journal of Industrial and Business Economics 46 (2): 229–50. https://doi.org/10.1007/s40812-019-00113-1.

Burton, M. Diane, Massimo G. Colombo, Cristina Rossi‐Lamastra, and Noam Wasserman. 2019. “The Organizational Design of Entrepreneurial Ventures.” Strategic Entrepreneurship Journal 13 (3): 243–55. https://doi.org/10.1002/sej.1332.

Butticè, Vincenzo, Massimo G. Colombo, Elena Fumagalli, and Carlotta Orsenigo. 2019. “Green Oriented Crowdfunding Campaigns: Their Characteristics and Diffusion in Different Institutional Settings.” Technological Forecasting and Social Change 141 (April): 85–97. https://doi.org/10.1016/j.techfore.2018.07.047.

Colombo, Massimo G., Michele Meoli, and Silvio Vismara. 2019. “Signaling in Science-Based IPOs: The Combined Effect of Affiliation with Prestigious Universities, Underwriters, and Venture Capitalists.” Journal of Business Venturing 34 (1): 141–77. https://doi.org/10.1016/j.jbusvent.2018.04.009.

Colombo, Massimo G., Diego D’Adda, and Anita Quas. 2019. “The Geography of Venture Capital and Entrepreneurial Ventures’ Demand for External Equity.” Research Policy 48 (5): 1150–70. https://doi.org/10.1016/j.respol.2018.12.004.

Colombo, Massimo G., and Evila Piva. 2019. “Knowledge Misappropriation Risks and Contractual Complexity in Entrepreneurial Ventures’ Non-Equity Alliances.” Small Business Economics 53 (1): 107–27. https://doi.org/10.1007/s11187-018-0062-0.

Colombo, Massimo G., Giovanni Battista Dagnino, Erik E. Lehmann, and MariPaz Salmador. 2019. “The Governance of Entrepreneurial Ecosystems.” Small Business Economics 52 (2): 419–28. https://doi.org/10.1007/s11187-017-9952-9.

 2018

Block, Joern H., Massimo G. Colombo, Douglas J. Cumming, and Silvio Vismara. 2018. “New Players in Entrepreneurial Finance and Why They Are There.” Small Business Economics 50 (2): 239–50. https://doi.org/10.1007/s11187-016-9826-6.

2017

Aghasi, Keivan, Massimo G. Colombo, and Cristina Rossi-Lamastra. 2017. “Acquisitions of Small High-Tech Firms as a Mechanism for External Knowledge Sourcing: The Integration-Autonomy Dilemma.” Technological Forecasting and Social Change 120 (July): 334–46. https://doi.org/10.1016/j.techfore.2017.02.010.

Butticè, Vincenzo, Massimo G. Colombo, and Mike Wright. 2017. “Serial Crowdfunding, Social Capital, and Project Success.” Entrepreneurship Theory and Practice 41 (2): 183–207. https://doi.org/10.1111/etap.12271.

Colombo, Massimo G., and Samuele Murtinu. 2017. “Venture Capital Investments in Europe and Portfolio Firms’ Economic Performance: Independent Versus Corporate Investors.” Journal of Economics & Management Strategy 26 (1): 35–66. https://doi.org/10.1111/jems.12170.

Colombo, Massimo G., Georg von Krogh, Cristina Rossi-Lamastra, and Paula E. Stephan. 2017. “Organizing for Radical Innovation: Exploring Novel Insights.” Journal of Product Innovation Management 34 (4): 394–405. https://doi.org/10.1111/jpim.12391.

2016

Colombo, Massimo G., and Kourosh Shafi. 2016. “Swimming with Sharks in Europe: When Are They Dangerous and What Can New Ventures Do to Defend Themselves?” Strategic Management Journal 37 (11): 2307–22. https://doi.org/10.1002/smj.2572.

Colombo, Massimo G., Diego D’Adda, and Lorenzo H. Pirelli. 2016. “The Participation of New Technology-Based Firms in EU-Funded R&D Partnerships: The Role of Venture Capital.” Research Policy 45 (2): 361–75. https://doi.org/10.1016/j.respol.2015.10.011.

Colombo, Massimo G., Cristina Rossi-Lamastra, and Beatrice Matassini. 2016. “Entrepreneurship Education: A Selective Examination of The Literature.” Foundations and Trends® in Entrepreneurship 11 (6): 427–523. https://doi.org/10.1561/0300000053.

Colombo, Massimo G., and Kourosh Shafi. 2016. “The Impact of Patenting on the Size of High-Tech Firms: The Role of Venture Capital and Product Market Regulation.” Economia e Politica Industriale 43 (1): 85–103. https://doi.org/10.1007/s40812-015-0023-4.

Colombo, Massimo G., Douglas J. Cumming, and Silvio Vismara. 2016. “Governmental Venture Capital for Innovative Young Firms.” The Journal of Technology Transfer 41 (1): 10–24. https://doi.org/10.1007/s10961-014-9380-9.

Colombo, Massimo G., Evila Piva, Anita Quas, and Cristina Rossi-Lamastra. 2016. “How High-Tech Entrepreneurial Ventures Cope with the Global Crisis: Changes in Product Innovation and Internationalization Strategies.” Industry and Innovation 23 (7): 647–71. https://doi.org/10.1080/13662716.2016.1196438.

Colombo, Massimo G., Douglas Cumming, Ali Mohammadi, Cristina Rossi-Lamastra, and Anu Wadhwa. 2016. “Open Business Models and Venture Capital Finance.” Industrial and Corporate Change 25 (2): 353–70. https://doi.org/10.1093/icc/dtw001.

Colombo, Massimo Gaetano, and Kourosh Shafi. 2016. “Initial Trust And The Collaborations Between New Ventures And Corporate Venture Capitals.” Academy of Management Proceedings 2016 (1): 14152. https://doi.org/10.5465/ambpp.2016.14152abstract.

Colombo, Massimo Gaetano, Solon Moreira, and Larissa Rabbiosi. 2016. “Learning-By-Being-Acquired: Post-Acquisition R&D Team Reorganization and Knowledge Transfer.” Academy of Management Proceedings 2016 (1): 17359. https://doi.org/10.5465/ambpp.2016.175.

2015

Battisti, G., M. G. Colombo, and L. Rabbiosi. 2015. “Simultaneous versus Sequential Complementarity in the Adoption of Technological and Organizational Innovations: The Case of Innovations in the Design Sphere.” Industrial and Corporate Change 24 (2): 345–82. https://doi.org/10.1093/icc/dtv003.

Bertoni, Fabio, Massimo G. Colombo, and Anita Quas. 2015. “The Patterns of Venture Capital Investment in Europe.” Small Business Economics 45 (3): 543–60. https://doi.org/10.1007/s11187-015-9662-0.

Colombo, Massimo G., Chiara Franzoni, and Cristina Rossi–Lamastra. 2015. “Internal Social Capital and the Attraction of Early Contributions in Crowdfunding.” Entrepreneurship Theory and Practice 39 (1): 75–100. https://doi.org/10.1111/etap.12118.

Colombo, M. G., C. Franzoni, and C. Rossi-Lamastra. 2015. “Cash from the Crowd.” Science 348 (6240): 1201–2. https://doi.org/10.1126/science.aab3832.

Colombo, Massimo G., Chiara Franzoni, and Reinhilde Veugelers. 2015. “Going Radical: Producing and Transferring Disruptive Innovation.” The Journal of Technology Transfer 40 (4): 663–69. https://doi.org/10.1007/s10961-014-9361-z.

Colombo, Massimo G., Liliana Doganova, Evila Piva, Diego D’Adda, and Philippe Mustar. 2015. “Hybrid Alliances and Radical Innovation: The Performance Implications of Integrating Exploration and Exploitation.” The Journal of Technology Transfer 40 (4): 696–722. https://doi.org/10.1007/s10961-014-9363-x.

Colombo, Massimo G., Cristina Rossi-Lamastra, and Beatrice Matassini. 2016. “Entrepreneurship Education: A Selective Examination of The Literature.” Foundations and Trends® in Entrepreneurship 11 (6): 427–523. https://doi.org/10.1561/0300000053.

2014

Bonaccorsi, Andrea, Massimo G. Colombo, Massimiliano Guerini, and Cristina Rossi-Lamastra. 2014. “The Impact of Local and External University Knowledge on the Creation of Knowledge-Intensive Firms: Evidence from the Italian Case.” Small Business Economics 43 (2): 261–87. https://doi.org/10.1007/s11187-013-9536-2.

Colombo, Massimo G., Annalisa Croce, and Samuele Murtinu. 2014. “Ownership Structure, Horizontal Agency Costs and the Performance of High-Tech Entrepreneurial Firms.” Small Business Economics 42 (2): 265–82. https://doi.org/10.1007/s11187-013-9483-y.

Colombo, Massimo G., Evila Piva, and Cristina Rossi-Lamastra. 2014. “The Sensitivity of High-Tech Entrepreneurial Ventures’ Employment to a Sales Contraction in a Negative Growth Scenario: The Moderating Role of Venture Capital Financing.” Managerial and Decision Economics 35 (2): 73–87. https://doi.org/10.1002/mde.2645.

Colombo, Massimo G., Annalisa Croce, and Massimiliano Guerini. 2014. “Does Informal Risk Capital Relax the Financial Constraints of High-Tech Entrepreneurial Ventures?” Applied Economics Letters 21 (5): 335–39. https://doi.org/10.1080/13504851.2013.859368.

Colombo, Massimo G., Alfredo De Massis, Evila Piva, Cristina Rossi-Lamastra, and Mike Wright. 2014. “Sales and Employment Changes in Entrepreneurial Ventures with Family Ownership: Empirical Evidence from High-Tech Industries.” Journal of Small Business Management 52 (2): 226–45. https://doi.org/10.1111/jsbm.12100.

Colombo, Massimo G., and Larissa Rabbiosi. 2014. “Technological Similarity, Post-Acquisition R&D Reorganization, and Innovation Performance in Horizontal Acquisitions.” Research Policy 43 (6): 1039–54. https://doi.org/10.1016/j.respol.2014.01.013.

 Colombo, Massimo G., Evila Piva, and Cristina Rossi-Lamastra. 2014. “Open Innovation and Within-Industry Diversification in Small and Medium Enterprises: The Case of Open Source Software Firms.” Research Policy 43 (5): 891–902. https://doi.org/10.1016/j.respol.2013.08.015.

2013

Bertoni, Fabio, Massimo G. Colombo, and Luca Grilli. 2013. “Venture Capital Investor Type and the Growth Mode of New Technology-Based Firms.” Small Business Economics 40 (3): 527–52. https://doi.org/10.1007/s11187-011-9385-9.

Bonaccorsi, Andrea, Massimo G. Colombo, Massimiliano Guerini, and Cristina Rossi-Lamastra. 2013. “University Specialization and New Firm Creation across Industries.” Small Business Economics 41 (4): 837–63. https://doi.org/10.1007/s11187-013-9509-5.

Colombo, Massimo G., Annalisa Croce, and Massimiliano Guerini. 2013. “The Effect of Public Subsidies on Firms’ Investment–Cash Flow Sensitivity: Transient or Persistent?” Research Policy 42 (9): 1605–23. https://doi.org/10.1016/j.respol.2013.07.003.

Colombo, Massimo G., and Luca Grilli. 2013. “The Creation of A Middle-Management Level by Entrepreneurial Ventures: Testing Economic Theories of Organizational Design.” Journal of Economics & Management Strategy 22 (2): 390–422. https://doi.org/10.1111/jems.12010.

Colombo, Massimo G., Annalisa Croce, and Luca Grilli. 2013. “ICT Services and Small Businesses’ Productivity Gains: An Analysis of the Adoption of Broadband Internet Technology.” Information Economics and Policy 25 (3): 171–89. https://doi.org/10.1016/j.infoecopol.2012.11.001.

Colombo, M. G., S. Giannangeli, and L. Grilli. 2013. “Public Subsidies and the Employment Growth of High-Tech Start-Ups: Assessing the Impact of Selective and Automatic Support Schemes.” Industrial and Corporate Change 22 (5): 1273–1314. https://doi.org/10.1093/icc/dts037.

Colombo, Massimo G., Evila Piva, and Cristina Rossi-Lamastra. 2013. “Authorising Employees to Collaborate with Communities During Working Hours: When Is It Valuable for Firms?” Long Range Planning 46 (3): 236–57. https://doi.org/10.1016/j.lrp.2012.05.004.

2012

Colombo, Massimo G., and Evila Piva. 2012. “Firms’ Genetic Characteristics and Competence-Enlarging Strategies: A Comparison between Academic and Non-Academic High-Tech Start-Ups.” Research Policy 41 (1): 79–92. https://doi.org/10.1016/j.respol.2011.08.010.

Colombo, Massimo G., Keld Laursen, Mats Magnusson, and Cristina Rossi-Lamastra. 2012. “Introduction: Small Business and Networked Innovation: Organizational and Managerial Challenges.” Journal of Small Business Management 50 (2): 181–90. https://doi.org/10.1111/j.1540-627X.2012.00349.x.

Colombo, Massimo G., Evila Piva, and Francesco Rentocchini. 2012. “The Effects of Incubation on Academic and Non-Academic High-Tech Start-Ups: Evidence from Italy.” Economics of Innovation and New Technology 21 (5–6): 505–27. https://doi.org/10.1080/10438599.2012.656524.

Colombo, Massimo G., Annalisa Croce, and Massimiliano Guerini. 2012. “Is the Italian Government Effective in Relaxing the Financial Constraints of High Technology Firms?” Prometheus 30 (1): 73–96. https://doi.org/10.1080/08109028.2012.673757.

2011

Bertoni, Fabio, Massimo G. Colombo, and Luca Grilli. 2011. “Venture Capital Financing and the Growth of High-Tech Start-Ups: Disentangling Treatment from Selection Effects.” Research Policy 40 (7): 1028–43. https://doi.org/10.1016/j.respol.2011.03.008.

Colombo, Massimo G., Luca Grilli, and Samuele Murtinu. 2011. “R&D Subsidies and the Performance of High-Tech Start-Ups.” Economics Letters 112 (1): 97–99. https://doi.org/10.1016/j.econlet.2011.03.007.

Colombo, Massimo G., Keld Laursen, Mats Magnusson, and Cristina Rossi-Lamastra. 2011. “Organizing Inter- and Intra-Firm Networks: What Is the Impact on Innovation Performance?” Industry & Innovation 18 (6): 531–38. https://doi.org/10.1080/13662716.2011.601958.

Colombo, Massimo G., Larissa Rabbiosi, and Toke Reichstein. 2011. “Organizing for External Knowledge Sourcing.” European Management Review 8 (3): 111–16. https://doi.org/10.1111/j.1740-4762.2011.01018.x.

2010

Bertoni, Fabio, Massimo G. Colombo, and Annalisa Croce. 2010. “The Effect of Venture Capital Financing on the Sensitivity to Cash Flow of Firm’s Investments.” European Financial Management 16 (4): 528–51. https://doi.org/10.1111/j.1468-036X.2008.00463.x.

Colombo, Massimo G., Diego D’Adda, and Evila Piva. 2010. “The Contribution of University Research to the Growth of Academic Start-Ups: An Empirical Analysis.” The Journal of Technology Transfer 35 (1): 113–40. https://doi.org/10.1007/s10961-009-9111-9.

Colombo, Massimo, Philippe Mustar, and Mike Wright. 2010. “Dynamics of Science-Based Entrepreneurship.” The Journal of Technology Transfer 35 (1): 1–15. https://doi.org/10.1007/s10961-009-9114-6.

Colombo, Massimo G., and Luca Grilli. 2010. “On Growth Drivers of High-Tech Start-Ups: Exploring the Role of Founders’ Human Capital and Venture Capital.” Journal of Business Venturing 25 (6): 610–26. https://doi.org/10.1016/j.jbusvent.2009.01.005.

Colombo, Massimo G., Terttu Luukkonen, Philippe Mustar, and Mike Wright. 2010. “Venture Capital and High-Tech Start-Ups.” Venture Capital 12 (4): 261–66. https://doi.org/10.1080/13691066.2010.486153.

2009

Colombo, Massimo G., Luca Grilli, Samuele Murtinu, Lucia Piscitello, and Evila Piva. 2009. “Effects of International R&D Alliances on Performance of High-Tech Start-Ups: A Longitudinal Analysis.” Strategic Entrepreneurship Journal 3 (4): 346–68. https://doi.org/10.1002/sej.78.

Colombo, Massimo G., and Luca Grilli. 2009. “A Capital Partnership: How Human and Venture Capital Affect the Growth of High-Tech Start-Ups.” Strategic Change 18 (7–8): 231–39. https://doi.org/10.1002/jsc.850.

2008

Colombo, Massimo G., and Evila Piva. 2008. “Strengths and Weaknesses of Academic Startups: A Conceptual Model.” IEEE Transactions on Engineering Management 55 (1): 37–49. https://doi.org/10.1109/TEM.2007.912807.

2007

Colombo, M. G., M. Delmastro, and L. Rabbiosi. 2007. “‘High Performance’ Work Practices, Decentralization, and Profitability: Evidence from Panel Data.” Industrial and Corporate Change 16 (6): 1037–67. https://doi.org/10.1093/icc/dtm031.

Colombo, Massimo G., and Luca Grilli. 2007. “Technology Policy for the Knowledge Economy: Public Support to Young ICT Service Firms.” Telecommunications Policy 31 (10–11): 573–91. https://doi.org/10.1016/j.telpol.2007.08.001.

Colombo, Massimo G., and Luca Grilli. 2007. “Technology Policy for the Knowledge Economy: Public Support to Young ICT Service Firms.” Telecommunications Policy 31 (10–11): 573–91. https://doi.org/10.1016/j.telpol.2007.08.001.

Colombo, Massimo G., and Luca Grilli. 2007. “Funding Gaps? Access To Bank Loans By High-Tech Start-Ups.” Small Business Economics 29 (1–2): 25–46. https://doi.org/10.1007/s11187-005-4067-0.

2006

Colombo, Massimo G., Luca Grilli, and Evila Piva. 2006. “In Search of Complementary Assets: The Determinants of Alliance Formation of High-Tech Start-Ups.” Research Policy 35 (8): 1166–99. https://doi.org/10.1016/j.respol.2006.09.002.

Colombo, Massimo G., and Luca Grilli. 2006. “Supporting High-Tech Start-Ups: Lessons from Italian Technology Policy.” International Entrepreneurship and Management Journal 2 (2): 189–209. https://doi.org/10.1007/s11365-006-8684-0.

Mustar, Philippe, Marie Renault, Massimo G. Colombo, Evila Piva, Margarida Fontes, Andy Lockett, Mike Wright, Bart Clarysse, and Nathalie Moray. 2006. “Conceptualising the Heterogeneity of Research-Based Spin-Offs: A Multi-Dimensional Taxonomy.” Research Policy 35 (2): 289–308. https://doi.org/10.1016/j.respol.2005.11.001.

2005

Cassiman, Bruno, Massimo G. Colombo, Paola Garrone, and Reinhilde Veugelers. 2005. “The Impact of M&A on the R&D Process.” Research Policy 34 (2): 195–220. https://doi.org/10.1016/j.respol.2005.01.002.

Colombo, Massimo G., and Luca Grilli. 2005. “Founders’ Human Capital and the Growth of New Technology-Based Firms: A Competence-Based View.” Research Policy 34 (6): 795–816. https://doi.org/10.1016/j.respol.2005.03.010.

Colombo, Massimo G., and Luca Grilli. 2005. “Start-up Size: The Role of External Financing.” Economics Letters 88 (2): 243–50. https://doi.org/10.1016/j.econlet.2005.02.018.

Wuyts, Stefan, Massimo G. Colombo, Shantanu Dutta, and Bart Nooteboom. 2005. “Empirical Tests of Optimal Cognitive Distance.” Journal of Economic Behavior & Organization 58 (2): 277–302. https://doi.org/10.1016/j.jebo.2004.03.019.

2004

Colombo, Massimo G., Marco Delmastro, and Luca Grilli. 2004. “Entrepreneurs’ Human Capital and the Start-up Size of New Technology-Based Firms.” International Journal of Industrial Organization 22 (8–9): 1183–1211. https://doi.org/10.1016/j.ijindorg.2004.06.006.

Colombo, Massimo G., and Marco Delmastro. 2004. “Delegation of Authority In Business Organizations: An Empirical Test.” Journal of Industrial Economics 52 (1): 53–80. https://doi.org/10.1111/j.0022-1821.2004.00216.x.

2003

Colombo, Massimo G. 2003. “Alliance Form: A Test of the Contractual and Competence Perspectives.” Strategic Management Journal 24 (12): 1209–29. https://doi.org/10.1002/smj.353.

2002

Colombo, Massimo G., and Marco Delmastro. 2002. “The Determinants of Organizational Change and Structural Inertia: Technological and Organizational Factors.” Journal of Economics and Management Strategy 11 (4): 595–635. https://doi.org/10.1111/j.1430-9134.2002.00595.x.

Colombo, Massimo G., and Marco Delmastro. 2002. “How Effective Are Technology Incubators?” Research Policy 31 (7): 1103–22. https://doi.org/10.1016/S0048-7333(01)00178-0.

2001

Colombo, Massimo G, and Marco Delmastro. 2001. “Technology Use and Plant Closure.” Research Policy 30 (1): 21–34. https://doi.org/10.1016/S0048-7333(99)00079-7.

Colombo, Massimo G, and Marco Delmastro. 2001. “Technology-based entrepeneurs: Does Internet make a difference?” Small Business Economics 16: 177-190. https://doi.org/10.1023/A:1011127205758

2000

Cantwell, John and Massimo G. Colombo. 2000. “Technological and output complementarities: Inter-firm cooperation in information technology ventures.”, Journal of Management and Governance 4: 117-147. https://doi.org/10.1023/A:1009909610368

Colombo, Massimo G, and Marco Delmastro. 2000. “A Note on the Relation between Size, Ownership Status and Plant’s Closure: Sunk Costs vs. Strategic Size Liability.” Economics Letters 69 (3): 421–27. https://doi.org/10.1016/S0165-1765(00)00309-8.

1999

Colombo, Massimo G, and Marco Delmastro. 1999. “Some Stylized Facts on Organization and Its Evolution.” Journal of Economic Behavior & Organization 40 (3): 255–74. https://doi.org/10.1016/S0167-2681(99)00067-0.

Garrone, Paola, and Massimo G. Colombo. 1999. “Market-Driven Design of Innovative Services.” Technovation 19 (9): 537–49. https://doi.org/10.1016/S0166-4972(99)00033-4.

1998

Colombo, Massimo G, and Paola Garrone. 1998. “Common Carriers’ Entry into Multimedia Services.” Information Economics and Policy 10 (1): 77–105. https://doi.org/10.1016/S0167-6245(97)00026-7.

Colombo, Massimo G, and Sergio Mariotti. 1998. “Organizing Vertical Markets.” European Journal of Purchasing & Supply Management 4 (1): 7–19. https://doi.org/10.1016/S0969-7012(98)00003-3.

1997

Colombo, Massimo G., and Sergio Mariotti. 1997. “Cross-Border Mergers and Acquisitions and the Competitive Positioning of European National Industries.” Competition & Change 2 (4): 359–90. https://doi.org/10.1177/102452949800200401.

Colombo, Massimo G., and Andrea Rossini. 1997. “Ownership Structures in Network Industries When the Rationality of Regulators Is Bounded.” Industrial and Corporate Change 6 (4): 783–806. https://doi.org/10.1093/icc/6.4.783.

Colombo, Massimo G., and Paola Garrone. 1997. “The multimedia revolution: An evolutionary approach”, Communications & Strategies, 28: 217-243

1996

Buzzacchi, L., and M. G. Colombo. 1996. “Business Groups and the Determinants of Corporate Ownership.” Cambridge Journal of Economics 20 (1): 31–51. https://doi.org/10.1093/oxfordjournals.cje.a013606.

Colombo, Massimo G., and Paola Garrone. 1996. “Technological Cooperative Agreements and Firm’s R&D Intensity. A Note on Causality Relations.” Research Policy 25 (6): 923–32. https://doi.org/10.1016/0048-7333(96)00883-9.

1995

Buzzacchi, Luigi, Massimo G. Colombo, and Sergio Mariotti. 1995. “Technological Regimes and Innovation in Services: The Case of the Italian Banking Industry.” Research Policy 24 (1): 151–68. https://doi.org/10.1016/0048-7333(93)00756-J.

Colombo, Massimo G., and Paola Garrone. 1995. “Stratégie d’entrèe des opérateurs de télécommunications dans les services multimédia”, Communications & Strategies, 19: 217-250

Colombo, Massimo G. 1995. “Firm Size and Cooperation: The Determinants of Cooperative Agreements in Information Technology Industries.” International Journal of the Economics of Business 2 (1): 3–30. https://doi.org/10.1080/758521094.

Colombo, Massimo G., and Rocco Mosconi. 1995. “Complementarity and Cumulative Learning Effects in the Early Diffusion of Multiple Technologies.” The Journal of Industrial Economics 43 (1): 13. https://doi.org/10.2307/2950423.

1994

Colombo, Massimo G. 1994. “Les facteurs explicatifs de la coopération entre firmes. Le cas des technologies de l’information”, Revue d’Economie Industrielle, 68: 27-42.

1993

Cainarca, Giancarlo, Massimo G. Colombo, and Sergio Mariotti. 1993. “Computer-Based Automation and the Governance of Vertical Transactions.” Industrial and Corporate Change 2 (1): 73–89. https://doi.org/10.1093/icc/2.1.73.

1992

Cainarca, Gian Carlo, Massimo G. Colombo, and Sergio Mariotti. 1992. “Agreements between Firms and the Technological Life Cycle Model: Evidence from Information Technologies.” Research Policy 21 (1): 45–62. https://doi.org/10.1016/0048-7333(92)90026-Z.

1991

Brioschi, Francesco, Luigi Buzzacchi, and Massimo G. Colombo. 1991. “More on Stock Market Value with Reciprocal Ownership.” Financial Analysts Journal 47 (3): 76–78. https://doi.org/10.2469/faj.v47.n3.76.

1990

Cainarca, Gian Carlo, Massimo G. Colombo, and Sergio Mariotti. 1990. “Firm Size and the Adoption of Flexible Automation.” Small Business Economics 2 (2): 129–40. https://doi.org/10.1007/BF00389673.

1989

Brioschi, Francesco, Luigi Buzzacchi, and Massimo G. Colombo. 1989. “Risk Capital Financing and the Separation of Ownership and Control in Business Groups.” Journal of Banking & Finance 13 (4–5): 747–72. https://doi.org/10.1016/0378-4266(89)90040-X.

Cainarca, Gian Carlo, Massimo G. Colombo, and Sergio Mariotti. 1989. “An Evolutionary Pattern of Innovation Diffusion. The Case of Flexible Automation.” Research Policy 18 (2): 59–86. https://doi.org/10.1016/0048-7333(89)90006-1.