Michael B. Heeley

Associate Professor and Associate Division Director, Economics and Business

 Michael Heeley


Engineering Hall 325



  • PhD, Business Policy and Strategy, University of Washington
  • MS, Statistics, University of Washington
  • MS, Mining Engineering, Macky School of Mines
  • B.Eng (Hons), Mining Engineering, Camborne School of Mines

Research Areas

  • Firm Technological Capabilities
  • Knowledge Spillovers
  • New Venture CreationApplication Areas
  • Patent valuations
  • Technology startups


Journal Articles

Heeley, M.B. and Jacobson, R. (2008). The Recency of Technological Inputs and Financial Performance. Strategic Management Journal, Volume 29, pp. 723-744.

Matusik, S. F., George, J. M., and Heeley, M. B (2008). Values and Judgment Under Uncertainty: Evidence from Venture Capitalist Assessments of Founders. Strategic Entrepreneurship Journal,Volume 2, pp. 95-115.

Heeley, M.B., Matusik, S.F., and Jain, N. (2007). Innovation, Appropriability and the Underpricing of Initial Public Offerings. Academy of Management Journal, Volume 50, Issue 1, pp.209-225.

Heeley, M.B., King, D., and Covin, J.G.(2006). Effects of Firm R&D Investment Level and Environment on Acquisition Likelihood. Journal of Management Studies, Volume 43, Issue 7, pp. 1513-1536.

Matusik, S.F. and Heeley, M.B. (2005). Absorptive Capacity in the Software Industry: Identifying Factors that Affect Knowledge and Knowledge Creation Activities. Journal of Management, Volume 31, No. 4, pp. 549-572.

Covin, J.G., Slevin, D.P., and Heeley, M.B. (2001). Strategic Decision Making in an Intuitive vs. Technocratic Mode: Structural and Environmental Considerations. Journal of Business Research, Volume 52, pp. 51-67.

Covin, J.G., Slevin, D.P., and Heeley, M.B. (2000). Pioneers and Followers: Competitive Tactics, Environment, and Firm Growth. Journal of Business Venturing. Volume 15(2), pp. 175-210. (This paper received the USASBE award for the best journal article on Corporate Entrepreneurship in 2000).

Miles, M.P., Covin, J. G. and Heeley, M.B. (2000). The Relationship between Environmental Dynamism on Small Firm Structure, Strategy, and Performance. Journal of Marketing Theory and Practice, Volume 8, No. 2, pp. 63-74.

Hill, C.W.L., Heeley, M.B., and Sakson, J. (1993). Strategies for Profiting from Technological Product Innovations. Advances in Global High-Technology Management, Volume 3, pp. 79-95.

Papers in Conference Proceedings

Heeley, M.B., and Jacobson, R. (2003). The Private Returns to Technological Capabilities. In D. H. Nagao (Ed.), Proceedings of the Sixty-third Annual Meeting of the Academy of Management.

Heeley, M.B., Khorana, A., and Matusik, S.F. (1999). Underpricing and the Long-run Financial Performance of IPOs: The Role of Intellectual Capital in Reducing Information Asymmetry. Frontiers of Entrepreneurship.

Heeley, M.B. (1997). Appropriating Rents from External Knowledge: The Impact of Absorptive Capacity on Firm Sales and Research Productivity. Frontiers of Entrepreneurship Research.

Heeley, M. B., and Hill, C.W.L. (1996). Parasitic Product Development: Do Small Firms Exploit Knowledge Spillovers? Frontiers of Entrepreneurship Research.

Ahern, R.D., and Heeley, M.B. (1995). Entrepreneurial Ventures on the Move: Canada Attracts U.S. Biotechnology Firms. Frontiers of Entrepreneurship Research.