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University of Exeter Business School

Professor Markus Fitza

Professor Markus Fitza

Distinguished Research Professor

 M.A.Fitza@exeter.ac.uk

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Overview

Markus Fitza conducts research in the areas of entrepreneurship strategy and corporate governance. Professor Fitza’s work has been published in leading journals such as the Academy of Management Journal, the Strategic Management Journal, the Journal of International Business Studies and the Proceedings of the Royal Society. His interests span multiple disciplines and his research has been cited by scholars in management, economics, sociology, finance and biology. It has also been featured in a variety of media outlets such as the Wall Street Journal, the Financial Times, USA Today, NBC, der Kurier, die Wirtschaftswoche, the Guardian and the Independent. 

Professor Fitza holds a Ph.D. in Strategy and Entrepreneurship from the University of Colorado at Boulder, an MBA from the University of Oxford and a Master in Molecular Biology from the University of Texas at Austin. He taught business strategy, innovation management and entrepreneurship to undergraduate, graduate and executive audiences in the US, Europe, Asia and Australia.

In addition to his academic career he worked in various start-ups, and as a board member.

Qualifications

  • Ph.D.
  • MA
  • MBA

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Research

Research interests

  • Venture Capital
  • Biology and Entrepreneurship
  • Regional Entrepreneurial Development 
  • Corporate Governance   

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Publications

Journal articles

Andrews DS, Fainshmidt S, Fitza M, Kundu S (2023). Disentangling the corporate effect on subsidiary performance. STRATEGIC MANAGEMENT JOURNAL, 44(12), 2986-3011.  Author URL.
Lerner DA, Alkærsig L, Fitza MA, Lomberg C, Johnson SK (2021). Nothing Ventured, Nothing Gained: Parasite Infection is Associated with Entrepreneurial Initiation, Engagement, and Performance. Entrepreneurship: Theory and Practice, 45(1), 118-144. Abstract.
Balkin DB, Trevino LJ, Fitza M, Gomez-Mejia LR, Tadikonda H (2020). Antecedents of non-monetary rewards: designating the first author. Management Research, 18(2), 221-244. Abstract.
Sohl T, Vroom G, Fitza MA (2020). HOW MUCH DOES BUSINESS MODEL MATTER FOR FIRM PERFORMANCE? a VARIANCE DECOMPOSITION ANALYSIS. ACADEMY OF MANAGEMENT DISCOVERIES, 6(1), 61-80.  Author URL.
Vedula S, Fitza M (2019). Regional recipes: a configurational analysis of the regional entrepreneurial ecosystem for U.S. venture capital-backed startups. Strategy Science, 4(1), 4-24. Abstract.
Dushnitsky G, Fitza MA (2018). Are we missing the platforms for the crowd? Comparing investment drivers across multiple crowdfunding platforms. Journal of Business Venturing Insights, 10 Abstract.
Tang M, Walsh G, Lerner D, Fitza MA, Li Q (2018). Green Innovation, Managerial Concern and Firm Performance: an Empirical Study. Business Strategy and the Environment, 27(1), 39-51. Abstract.
Johnson SK, Fitza MA, Lerner DA, Calhoun DM, Beldon MA, Chan ET, Johnson PTJ (2018). Risky business: linking Toxoplasma gondii infection and entrepreneurship behaviours across individuals and countries. Proc Biol Sci, 285(1883). Abstract.  Author URL.
Withers MC, Fitza MA (2017). Do board chairs matter? the influence of board chairs on firm performance. Strategic Management Journal, 38(6), 1343-1355. Abstract.
Fitza M, Tihanyi L (2017). How Much Does Ownership Form Matter?. STRATEGIC MANAGEMENT JOURNAL, 38(13), 2726-2743.  Author URL.
Fitza MA (2017). How much do CEOs really matter? Reaffirming that the CEO effect is mostly due to chance. Strategic Management Journal, 38(3), 802-811. Abstract.
Hayward MLA, Fitza MA (2017). Pseudo-precision? Precise forecasts and impression management in managerial earnings forecasts. Academy of Management Journal, 60(3), 1094-1116. Abstract.
Josefy M, Dean TJ, Albert LS, Fitza MA (2017). The Role of Community in Crowdfunding Success: Evidence on Cultural Attributes in Funding Campaigns to “Save the Local Theater”. Entrepreneurship: Theory and Practice, 41(2), 161-182. Abstract.
Fitza M, Dean TJ (2016). How much do VCS and underwriters matter? a comparative investigation of venture capitalist and underwriter effects on IPO underpricing. Venture Capital, 18(2), 95-114. Abstract.
Fitza MA (2014). The use of variance decomposition in the investigation of CEO effects: How large must the CEO effect be to rule out chance?. Strategic Management Journal, 35(12), 1839-1852. Abstract.
Ma X, Tong TW, Fitza M (2013). How much does subnational region matter to foreign subsidiary performance? Evidence from <i>Fortune</i> Global 500 Corporations' investment in China. JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 44(1), 66-87.  Author URL.
Matusik SF, Fitza MA (2012). Diversification in the venture capital industry: Leveraging knowledge under uncertainty. Strategic Management Journal, 33(4), 407-426. Abstract.
Fitza M, Matusik SF, Mosakowski E (2009). DO VCS MATTER? THE IMPORTANCE OF OWNERS ON PERFORMANCE VARIANCE IN START-UP FIRMS. STRATEGIC MANAGEMENT JOURNAL, 30(4), 387-404.  Author URL.

Conferences

Fitza MA, Dean TJ (2009). The relative importance of VC certification in the mitigation of information asymmetry at IPOs. Abstract.
Fitza MA, Dean TJ (2009). The relative importance of VC certification in the mitigation of information asymmetry at IPOs. Abstract.

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Teaching

  • Entrepreneurship
  • Strategy
  • Methods workshops
  • Paper development workshops

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