Department of Strategy and Innovation


Room: KIL/14.A-2.68
Toke Reichstein is Professor of Economics of Entrepreneurship and Innovation at the Department of Strategic Management and Globalization.
Reichstein is co-directing the CBS Entrepreneurship BiS Platform and responsible for the Minor in Entrepreneurship at the Bachelor level. Reichstein also sits as a member of the Symbion Creators Floor advisory board. Reichstein is a Master in Economics from Aalborg University (1999) and finished his PhD in the Economics of Technical and Institutional Change (2003). He has since then been both research associate and research fellow at Imperial College London before joining CBS in 2006 first as an associate professor and later promoted to full professor. 
Reichstein has published in the area of strategic management and entrepreneurship in various journals including Management Science, Strategic Management Journal, Journal of Business Venturing, Industrial and Corporate Change and Regional Studies. These papers addresses questions pertaining to selection into self-employment, conditions of self-employment, strategic decision making in entrepreneurship, Innovation speed, technology licensing, contractual specifications for technology partnering, and strategic alignment in technology partnering.
Primary research areas
  • Entrepreneurship
  • Technology Licensing
  • Economics and Management of Innovation
  • Industrial Dynamics and Economic Demography
Curriculum Vitae
Link to this homepage
  • Entrepreneurship, Master of Innovation and Business Development
  • Applied Econometrics, The EM PhD Program
  • Supervision of PhD students in Entrepreneurship and Innovation Management
  • Supervision of Master students in Innovation Management
Selected publications
  • Leone, M. I. & Reichstein, T. (2012). Licensing-in Fosters Rapid Invention: The Effect of the Grant-back Clause and Technological Unfamiliarity. Strategic Management Journal, 33(8), 965-985.
  • Laursen, K., Reichstein, T. & Salter, A. J. (2011). Exploring the Effect of geographical Proximity and University Quality on Univeristy-Industry Collaboration in the United Kingdom. Regional Studies, 45(4), 507-523.
  • Reichstein, T., Dahl, M. S., Ebersberger, B. & Jensen, M. B. (2010). The Devil Dwells in the Tails - A Quantile Regression Approach to Firm Growth. Journal of Evolutionary Economics. 20(2), 219-231.
  • Ozcan, S. & Reichstein, T. (2009). Transition to Entrepreneurship form the Public Sector: Predispositional and Context Effects. Management Science. 55(4), 604-618.
  • Reichstein, T. & Salter, A. J. (2006). Investigating the Sources of Process Innovation Among UK Manufacturing Firms. Industrial and Corporate Change. 15(4). 653-682.
Publications & dissemination
Jeroen Mahieu; Francesca Melillo; Toke Reichstein / Scarred by Failure?
Paper presented at DRUID Academy Conference 2018, 2018
Jeroen Mahieu; Francesca Melillo; Toke Reichstein / Shooting Stars? : Prior Wage & Returns to Entrepreneurship.
Abstract from DRUID18 Conference, 2018
Conference abstract for conference
Paola Criscuolo; Keld Laursen; Toke Reichstein; Ammon Salter / Winning Combinations : Search Strategies and Innovativeness in the UK.
In: Industry and Innovation, Vol. 25, No. 2, 2018, p. 115-143
Journal article
Virgilio Failla; Francesca Melillo; Toke Reichstein / Entrepreneurship and Employment Stability : Job Matching, Labour Market Value, and Personal Commitment.
In: Journal of Business Venturing, Vol. 32, No. 2, 3.2017, p. 162-177
Journal article
Keld Laursen; Solon Moreira; Toke Reichstein; Maria Isabella Leone / Evading the Boomerang Effect : Using the Grant-back Clause to Further Generative Appropriability from Technology Licensing Deals.
In: Organization Science, Vol. 28, No. 3, 2017, p. 514-530
Journal article
Keld Laursen; Francesca Masciarelli; Toke Reichstein / A Matter of Location : The Role of Regional Social Capital in Overcoming the Liability of Newness in R&D Acquisition Activities.
In: Regional Studies, Vol. 50, No. 9, 2016, p. 1537-1550
Journal article
Virgilio Failla; Francesca Melillo; Toke Reichstein / Competitive Pressures and Transition to Entrepreneurship : Empirical Evidence from Female Workers.
Paper presented at The DRUID 20th Anniversary Conference 2016, 2016
Giulio Zichella; Toke Reichstein / Entrepreneurs Facing Risk : Cognitive Biases and Conditional Choices.
Paper presented at The DRUID 20th Anniversary Conference 2016, 2016
Maria Halbinger; Toke Reichstein / Impression Management and Entrepreneurial Experience
In: 14th International Open and User Innovation Conference Book of Abstracts. ed. /Karim R. Lakhani; Eric von Hippel; Carliss Baldwin; Stefan Thomke. Boston : Harvard Business School 2016, p. 90
Conference abstract in proceedings
Maria Isabella Leone; Paolo Boccardelli; Toke Reichstein; Mats Magnusson / License to Learn : An Investigation into Thin and Thick Licensing Contracts.
In: R & D Management, Vol. 46, No. 2, 2016, p. 326-340
Journal article
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