Department of Strategy and Innovation


Room: KIL/14.A-3.67
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
Administrative tasks

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
Other teaching activities

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 sorted by:
Kevin J. Boudreau; Lars Bo Jeppesen; Toke Reichstein; Francesco Rullani / Crowdfunding as Donations to Entrepreneurial Firms
In: Research Policy, Vol. 50, No. 7, 9.2021
Journal article > peer review
Maryann P. Feldman; Serden Ozcan; Toke Reichstein / Variation in Organizational Practices : Are Startups Really Different?.
In: Journal of Evolutionary Economics, Vol. 31, No. 1, 1.2021, p. 1-31
Journal article > peer review
Maryann P. Feldman; Serden Ozcan; Toke Reichstein / Falling Not Far from the Tree : Entrepreneurs and Organizational Heritage.
In: Organization Science, Vol. 30, No. 2, 2019, p. 337–360
Journal article > peer review
Solon Moreira; Goretti Cabaleiro; Toke Reichstein / Licensing Decision : A Rent Dissipation Lens Applied to Product Market Competition, Openness to External Knowledge and Exogenous Sunk Costs.
In: Industrial and Corporate Change, Vol. 28, No. 4, 8.2019, p. 773-792
Journal article > peer review
Jeroen Mahieu; Francesca Melillo; Toke Reichstein; Peter Thompson / Shooting stars? Uncertainty in Hiring Entrepreneurs
In: Strategic Entrepreneurship Journal, 9.11.2019
Journal article > peer review
Maryann P. Feldman; Maria Halbinger; Toke Reichstein; Finn Valentin; Ji Woong Yoon / Technological Achievements in Entrepreneurial Firms : Legacy, Value Chain Experience, and Division of Innovation Labour.
In: Industry and Innovation, Vol. 26, No. 3, 16.3.2019, p. 243-268
Journal article > peer review
Jeroen Mahieu; Francesca Melillo; Toke Reichstein / Prior Wage and the Returns to Entrepreneurship
In: Proceedings of the Seventy-eighth Annual Meeting of the Academy of Management. ed. /Guclu Atinc. Briar Cliff Manor, NY : Academy of Management 2018 (Academy of Management Proceedings)
Article in proceedings > peer review
Jeroen Mahieu; Francesca Melillo; Toke Reichstein / Scarred by Failure?
Paper presented at DRUID Academy Conference 2018, 2018
Paper > peer review
Jeroen Mahieu; Francesca Melillo; Toke Reichstein / Shooting Stars? : Prior Wage & Returns to Entrepreneurship.
Abstract from DRUID18 Conference, 2018
Conference abstract for conference > peer review
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 > peer review
More results... (total 47 results)
Academic Interests

Research Projects
Outside activities

No outside activities reported.