Michael G Jacobides

Sir Donald Gordon Professor of Entrepreneurship and Innovation; Professor of Strategy and Entrepreneurship

BSc (Athens) MA PhD (Wharton)

Michael G Jacobides (see www.jacobides.com) is the Sir Donald Gordon Professor of Entrepreneurship & Innovation and Professor of Strategy at London Business School. His work, which has received the Sloan Foundation Award, has appeared in the top academic journals such as SMJ, AMJ, AMR, OrgSci and Industrial & Corporate Change, where he is a co-Editor. He studies industry evolution, value migration, firm boundaries and organization design. His recent work has shed light on the emergence and development of digital platforms and ecosystems and has looked at the strategic and policy issues this raises. He has visited Harvard, NYU, Cambridge, Imperial, Bocconi and Wharton, where he obtained his PhD, after studying at Athens, Cambridge and Stanford. He is the Chief Expert Advisor on the Digital Economy at the Hellenic Competition Commission and a co-author of the WEF’s White Paper on Digital Platforms and Ecosystems. He is also a Visiting Scholar at the New York Fed, working on the shifting business model of financial intermediation.

Michael is the Lead Advisor of EvolutionLtd and an Academic Advisor to the Boston Consulting Group. A winner of the 2018 Theory to Practice Award from the StrategieForum, he was selected in 2019 as one of the Thinkers50. He writes for HBR, SMR and Forbes.com, and has appeared at the FT, CNN and BBC. He works on thought leadership with consultants such as McKinsey, IDEO, Accenture, PwC, Deloitte, Keystone and ECSi, and on strategy with corporates such as Haier, Huawei, MasMovil, Vodafone, Nokia, SAP, Enel, Santander, Helvetia, Zurich, CS, Airbus, DeBeers, Burberry, MerckSerono and the NHS. He served on the Global Agenda Council of the World Economic Forum and has presented at the Davos Annual meetings.

Industry evolution and profit migration
Business model change
Strategy in changing environments
Corporate turnarounds and organisational transformation
Structural change and policy challenges

2023

Building synthetic worlds: lessons from the excessive infatuation and oversold disillusionment with the Metaverse

Jacobides M G; Candelon F; Krayer L; Round K; Chen W

Industry and Innovation 2023 Online first

The power of modularity today: 20 years of 'Design Rules'

Brusoni S; Henkel J; Jacobides M G; Karim S; MacCormack S; Puranam P; Schilling M

Industrial and Corporate Change 2023 Vol 32:1 p 1-10

2022

How to Compete When Industries Digitize and Collide

Jacobides M G

California Management Review 2022 Vol 64:3 p 99-123

2021

Ecosystems and competition law in theory and practice

Jacobides M G; Lianos I

Industrial and Corporate Change 2021 Vol 30:5 p 1199-1229

Mapping a sector’s scope transformation and the value of following the evolving core

Cetorelli N; Jacobides M G; Stern S

Strategic Management Journal 2021 Vol 42:12 p 2294-2327

Regulating platforms and ecosystems: an introduction

Jacobides M G; Lianos I

Industrial and Corporate Change 2021 Vol 30:5 p 1131-1142

The evolutionary dynamics of the artificial intelligence ecosystem

Jacobides M G; Brusoni S; Candelon F

Strategy science 2021 Vol 6:4 p 412-435

2020

Adapt Your Business to the New Reality

Jacobides M G; Reeves M

Harvard Business Review 2020 Sep-Oct Vol 98:5 p 74-81

When the default just won't do: resilience as the new competitive driver

Jacobides M G; Lang N; von Szczepanski K

Management and Organization Review 2020 Vol 16:4 p 741-746

2019

Designing digital ecosystems

Jacobides M G

in Platforms and Ecosystems: Enabling the Digital Economy, World Economic Forum. Briefing Paper, pp. 13-18

How Business Ecosystems Rise (and Often Fall)

Reeves M; Lotan H; Legrand J; Jacobides M G

MIT Sloan Management Review 2019 Vol 60:4 p 1-6

How digital platforms and ecosystems can reinvigorate public-private collaboration

Jacobides M G; Sundararajan A; Van Alstyne M

in Platforms and Ecosystems: Enabling the Digital Economy, World Economic Forum. Briefing Paper, pp. 24-25

In the Ecosystem Economy, What’s Your Strategy?

Jacobides M G

Harvard Business Review 2019 Vol 97:5 p 128-137

The myths and realities of business ecosystems

Fuller J; Jacobides M G; Reeves M

Sloan Management Review 2019 Feb 25th 2019

2018

Toward a theory of ecosystems

Jacobides MG; Cennamo C; Gawer A

Strategic Management Journal 2018 Vol 39:8 p 2255-2276

2017

2016

Agency, structure, and the dominance of OEMs: Change and stability in the automotive sector

Jacobides M G J; MacDuffie J P; Tae J

Strategic Management Journal 2016 Vol 37:9 p 1942-1967

Industry architecture

Jacobides M

In Augier M, Teece D J eds., Palgrave Encyclopedia of Strategic Management, Palgrave 2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2003

Institutional form and organizational evolution: lessons from the mortgage industry

Jacobides M G

in Academy of Management Proceedings (BPS Division), 2003

2002

Mortgage banking unbundling

Jacobides M G

Housing Finance International 2002 Jul p 3-13

2001

1997

Agency relationships and monitoring in electronic commerce

Jacobides M G; Croson D C

International Journal of Electronic Commerce 1997 Spring Vol 1:3 p 65-82

1996

1995

Housing sector in the hellenic reality: an assessment of major economic aspects

Jacobides M G

TOPOS, Review of Urban and Regional Studies 1995 April Vol 9 p 3-40

1992

Macro-economic approach to venture capital: elements of a dynamic analysis

Jacobides M G

Bulletin of the Hellenic Banks' Association 1992 Vol 2 p 181-200

1991

Venture capital: historical overview and a functional analysis

Jacobides M G

Bulletin of the Hellenic Banks' Association 1991 Vol 3 p 141-159

2021

Ecosystems and competition law in theory and practice

Jacobides M G; Lianos I

Centre for Law, Economics and Society

Going with the flow: changes in banks' business model and performance implications

Cetorelli N; Jacobides M G; Stern S

Federal Reserve Bank of New York

2017

Transformation of corporate scope in US banks: patterns and performance implications

Cetorelli N; Jacobides M G; Stern S

Social Sciences Research Network

2016

Ripples through the value chain and positional bottlenecks: innovation and profit evolution in a competitive setting

Jacobides M G; Veloso F; Wolter C

Working Paper

2012

Beyond five forces: bottlenecks, kingpins, and value migration

Jacobides M G; Tae C W

none

The dynamics of coordination regimes: implications for organization design

Puranam P; Jacobides M G

none

2006