Department of Strategy and Innovation

Nicolai J.

Room: KIL/14.A-2.58
E-mail: njf.si@cbs.dk
Nicolai Foss

Nicolai J. Foss (b. 1964) is a Professor of Strategy at the Department of Strategy and Innovation, CBS, Honorary Adjunct Professor, Department of Marketing & Management, Southern Denmark University, and External Chair, Danish Institute for Advanced Studies, 2020-2025. He is a Knight of the Order of the Dannebrog.

Trained as an economist at the Copenhagen University (M.Sc.,1989), Foss his received his PhD degree from the Copenhagen Business School in 1993, where he was Assistant, Associate and Full Professor. From 2016-2019 he was the Rodolfo Debenedetti Chaired Professor of Entrepreneurship at the Bocconi University, Milano. He has held part-time and visiting professorships at Norwegian School of Economics, Lund University, Luiss Guido Carli-Roma, ERC Rennes, and Agder University.

Foss founded the Center (later Department) of Strategic Management and Globalization at the Copenhagen Business School in 2005, and served as its Director/HoD until 1 April, 2015. He managed two CBS “World Class Environment” programs at CBS (2008-2015; 2014-2016). Foss has served as a panel member of the European Research Council and on the Board of Directors of the Strategic Management Society. Foss is a member of Academia Europaea, and a Fellow of the Strategic Management Society. He is the 2020 Chairperson of the Behavioral Strategy Interest Group.

Encompassing 224 articles in reviewed journals, 102 book chapters, 26 books (edited as well as monographs), and many op-eds, magazine pieces, etc. Fosswork has been published in the Academy of Management Review, Academy of Management Journal, Organization Science, Strategic Management Journal, Journal of Management, Journal of International Business Studies, Journal of Management Studies, and several other leading journals. His google scholar citations are above 37,500, and he is a Clarivate Highly Cited Researcher. Foss was one of the founders of the Danish Research Unit for Industrial Dynamics and a co-founderd of the  Center for Policy Studies. He was listed as the “best Danish economist” by the Danish newspaper, Børsen, in 2013, 2014, and 2015. Foss is a columnist at Berlingske.


Primary research areas
  • Strategic management (particularly the resource-based view and micro-foundations for strategic management)

  • Organizational design (particularly as it pertains to knowledge processes, including open innovation).

  • Entrepreneurship (cross-country analyses; strategic entrepreneurship; entrepreneurship theory).

  • The methodology of the social sciences



Curriculum Vitae
Link to this homepage
Selected publications

Christian G. Asmussen, Kirsten Foss, Nicolai J. Foss, & Peter G. Klein. 2021. Economizing and Strategizing : How Coalitions and Transaction Costs Shape Value Creation and Appropriation.Strategic Management Journal, 42: 413-434.

Nicolai J. Foss, Peter G. Klein, Lasse B. Lien, Thomas Zellweger, & Todd Zenger. 2021. Ownership Competence. Strategic Management Journal,42: 302-328.

Libby Weber, Nicolai J Foss, & Siegwart Lindenberg. 2021. The role of cognition and motivation in understanding Internal governance and hierarchical failure: A discriminating alignment analysis. Academy of Management Review (forthcoming).

Nicholas S. Argyres, Alfredo De Massis, Nicolai J Foss, Federico Frattini, Geoffrey Jones, and Brian S. Silverman). 2020. “History-informed Strategy Research: The promise of History and Historical Research Methods in Advancing Strategy Scholarship.” Strategic Management Journal, 41: 343-368.
Jay Barney, Nicolai J Foss, and Jacob Lyngsie. 2018. “The Role of Senior Management in Opportunity Formation: Direct Involvement or Reactive Selection?” Strategic Management Journal, 39(5): 1325-49.
Jacob Lyngsie and Nicolai J Foss. 2017. “The More, the Merrier? The Role of Gender in Explaining Entrepreneurial Outcomes in Established Firms.” Strategic Management Journal, 38: 487-505.
Nicolai J Foss and Libby Weber. 2016. “Putting Opportunism in the Back Seat: Bounded Rationality, Costly Conflict and Hierarchical Forms.” Academy of Management Review, 41: 41-79.


Publications sorted by:
Peter G. Klein; R. Michael Holmes Jr.; Nicolai J. Foss; Siri Terjesen; Justin Pepe / Capitalism, Cronyism, and Management Scholarship : A Call for Clarity.
In: Academy of Management Perspectives, Vol. 36, No. 1, 2.2022, p. 6-29
Journal article > peer review
Samuele Murtinu; Nicolai J. Foss; Peter G. Klein / The Entrepreneurial State : An Ownership Competence Perspective.
In: Questioning the Entrepreneurial State: Status-quo, Pitfalls, and the Need for Credible Innovation Policy. . ed. /Karl Wennberg; Christian Sandström. Cham : Springer 2022, p. 57-75 (International Studies in Entrepreneurship, Vol. 53)
Book chapter > peer review
Christian Bjørnskov; Nicolai J. Foss; Tianjiao Xu / The Role of Institutions in the Early Entrepreneurial Process
In: Industrial and Corporate Change, 21.4.2022
Journal article > peer review
Lien Vossaert; Frederik Anseel; Veroniek Collewaert; Nicolai J. Foss / “There’s Many a Slip ‘Twixt the Cup and the Lip” : HR Management Practices and Firm Performance.
In: Journal of Management Studies, Vol. 59, No. 3, 5.2022, p. 660-694
Journal article > peer review
Nicolai J. Foss; Matthew McCaffrey; Carmen-Elena Dorobat / “When Henry Met Fritz” : Rules As Organizational Frameworks: For Emergent Strategy Process.
In: Journal of Management Inquiry, Vol. 31, No. 2, 4.2022, p. 135-149
Journal article > peer review
Phillip C. Nell; Nicolai J. Foss; Peter G. Klein; Jan Schmitt / Avoiding Digitalization Traps : Tools for Top Managers.
In: Business Horizons, Vol. 64, No. 2, 3.2021, p. 163-169
Journal article > peer review
Matthew McCaffrey; Nicolai J. Foss; Peter G. Klein; Joseph T. Salerno / Breaking Out of the Kirznerian Box : A Reply to Sautet.
In: Review of Austrian Economics, 14.7.2021
Journal article > peer review
Daniela Andreini; Cristina Bettinelli; Nicolai J. Foss; Marco Mismetti / Business Model Innovation : A Review of the Process-based Literature.
In: Journal of Management & Governance, 14.8.2021
Review > peer review
Markus Menz; Sven Kunisch; Julian Birkinshaw; David J. Collis; Nicolai J. Foss; Robert E. Hoskisson; John E. Prescott / Corporate Strategy and the Theory of the Firm in the Digital Age
In: Journal of Management Studies, Vol. 58, No. 7, 11.2021, p. 1695-1720
Journal article > peer review
Christian G. Asmussen; Kirsten Foss; Nicolai J. Foss; Peter G. Klein / Economizing and Strategizing : How Coalitions and Transaction Costs Shape Value Creation and Appropriation.
In: Strategic Management Journal, Vol. 42, No. 2, 2.2021, p. 413-434
Journal article > peer review
More results... (total 200 results)
Research Projects
Outside activities


Year Name of contractual partner Type of activity
2020 - 2021 Warwick Business School Part-Time Professor
2020 - 2022 Berlingske Commentator
2020 - 2022 Norges Handelshøyskole Professor II
2021 - 2022  Hong Kong University of Science and Technology Visiting Virtual Professor