Ravi Madhavan
Professor of Business Administration


208 Mervis Hall


Ravi Madhavan is a Professor of Business Administration and the Alcoa Foundation International Faculty Fellow at the Joseph M. Katz Graduate School of Business. He is also the former director of the school’s International Business Center. Ravi earned his PhD in strategic management at the University of Pittsburgh in 1996, and joined the Katz faculty in 2001 after serving on the faculty at the University of Illinois, Urbana-Champaign from 1995 to 2001. Prior to getting his PhD, he spent eight years as a manager in the information technology industry, gaining experience in consulting, executive education, and marketing.

Ravi’s research and teaching interests focus on the Recombinant Enterprise in a Networked World: Alliances, M&A and Networks as drivers of enterprise evolution. Ravi has published several studies of how such enterprise recombination reshapes the global competitive context. Empirical contexts of primary interest have been steel and venture capital, two very dissimilar industries that have both been relatively slow to globalize. New projects explore enterprise recombination in three up-to-date settings: New models of growth (Key message: Cross-sector networks and recombinant innovation will be critical success drivers as the world responds to growth challenges stemming from global superindustrialization and urbanization,) Age of surprises (Key message: Connected systems are more volatile. However, connectedness is also a source of resilience); and Complex capabilities (Key message: Against the background of China’s entry into apex systems integration industries such as nuclear power and large commercial aircraft, we need to better understand the strategic and organizational features of systems integration enterprises.)

Ravi has published papers in premier journals including Academy of Management Review, Journal of International Business Studies, Strategic Management Journal, Academy of Management Journal, and Journal of Marketing. His dissertation, “Strategic Flexibility in the Global Steel Industry: The Role of Interfirm Linkages,” was a finalist in the Dissertation Award Competition of the Business Policy and Strategy Division of the Academy of Management. He has received Best Paper Awards from the American Marketing Association, as well as from the Eastern Academy of Management and presented papers at professional conferences and workshops both in the United States and internationally. He has also authored or coauthored several cases, reports, teaching notes, and book chapters.

Among the organizations that have supported his research are the National Science Foundation, the Alfred P. Sloan Foundation, Posco Research Institute, the Center for Human Resource Management at the University of Illinois, the Illinois Center for International Business Education and Research, the University Center for International Studies at the University of Pittsburgh, and the International Business Center at the University of Pittsburgh.

Awards and Honors

  • Research grants totaling $136,500 since 2003 for field research in the global steel industry
  • NSF Research grant, $181,000, 2003
  • Dean’s Excellence in Teaching Award, Katz Graduate School of Business, University of Pittsburgh, 2002, 2004, 2007, 2008
  • “Incomplete List of Teachers Ranked as Excellent by Their Students,” University of Illinois at Urbana-Champaign, Fall 1998
  • Finalist, Dissertation Award Competition, BPS Division, Academy of Management Meetings, 1997
  • Best Paper Award, Eastern Academy of Management Meetings, 1994
  • Best Paper Award, American Marketing Association, Winter Educators’ Conference, 1994

Professional Service and Activities

  • Editor, Industry Studies Working Paper Series
  • Founding Member, Industry Studies Association
  • Representative-at-large, Competitive Strategy Interest Group, Strategic Management Society, 2008-09
  • Member of the Editorial Board, Strategic Organization
  • Member of the editorial board, International Journal of Strategic Change Management


  • PhD, University of Pittsburgh (1996)
  • MBA, Indian Institute of Management, Calcutta, India (1982)
  • BComm, Calicut University, India (1980)

Recent Publications

“Evidence-Based Management in Strategy and Organization Theory,” Madhavan & Mahoney, pp. 79-91 in Denise M. Rousseau (Ed.), Handbook of Evidence-Based Management, Oxford, 2012

“The Emerging Transnational Dimension of Organizational and Individual Identity: Transnational Technical Communities as Economic Actors,” Madhavan & Iriyama. International Journal of Business Environment, 2011, Volume 4(4): 378-399.

“Spread, Scope and Scale in Venture Capital Globalization: A Clustered Globalization Model,” Madhavan & Iriyama, pp. 810-823 in Douglas Cumming (Ed.), Handbook of Venture Capital & Private Equity, Oxford, 2011

“A Shift in the Wind? Strategic Alliances versus Wholly-Owned Units in Global Industries.” pp. 53-66 in T. K. Das (Ed.), Strategic Alliances in a Globalizing World, IAP, 2011

“Divestiture and Firm Performance.” Lee & Madhavan. Journal of Management, November 2010, Volume 36:1345-1371

“Spiky Globalization of Venture Capital Investments: The Influence of Prior Human Networks.” Iriyama, Li & Madhavan. Strategic Entrepreneurship Journal, June 2010, Volume 4(2): 128-145

“Understanding Global Flows of Venture Capital: Human Networks as the ‘Carrier Wave’ of Globalization.” Madhavan & Iriyama. Journal of International Business Studies, October/ November 2009, Volume 40 (8): 1241-1259

“Bringing the Firm Back In: Networking as Antecedent to Network Structure.” Madhavan, Caner, Prescott & Koka, pp. 457-501 in Joel A. C. Baum & Tim J. Riley (Eds.), Advances in Strategic Management: Network Strategy (Volume 25), Elsevier, 2008

“Co-Opetition: Promises and Challenges,” Devi R. Gnyawali, Jinyu He & Ravindranath Madhavan. pp. 386-398 in Charles Wankel (Ed.), Handbook of 21st Century Management, Sage, 2007

“Real Options: Taking Stock and Looking Ahead,” Yong Li, Barclay James, Ravindranath Madhavan, and Joseph Mahoney. pp. 31-66 in Jeffrey J. Reuer & Tony W. Tong (Eds.), Advances in Strategic Management: Real Options Theory (Volume 24), Elsevier, 2007

“Impact of Co-opetition on Firm Competitive Behavior: An Empirical Examination”, Devi R. Gnyawali, Jinyu He and Ravindranath Madhavan (authorship in alphabetical order). Journal of Management, August 2006, Volume 32(4): 507-530

“The Evolution Of Interfirm Networks: Environmental Effects On Patterns Of Network Change”, Balaji R. Koka, Ravindranath Madhavan, and John E. Prescott (authorship in alphabetical order). Academy of Management Review, July 2006, Volume 31(3): 721-737

Center Affiliation

International Business

Academic Area

Organizations and Entrepreneurship