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Ed Egan is a third year doctoral student in the Business and Public Policy Download [[Media:EdEgan_-_CurriculumVitae.pdf|Academic Curriculum Vitae (BPPpdf) group at the Haas School of Business at the University of California Berkeley. He conducts empirical research relating to the financing of innovation, particularly venture capital, and is currently working on developing economic models relating to innovation and the theory of the firm.]]

My university mailing address is[[Image:Ed_5cm_by_6cm.jpg‎|right|190px|Edward J. Egan]]

:==Edward J. Egan, PhD Student:2200 Piedmont Ave, Berkeley,:CA, 94720, USA.==

Email: :[mailto:ed@edeganCurrently the Innovation Policy Fellow at the National Bureau of Economic Research under Professors Scott Stern and Josh Lerner, Ed completed his Ph.com ed@edeganD.com] or [mailto:ed_egan@haasin business administration, with a dual focus on strategy & business economics (in the BPP group) and finance at the Haas School of Business, U.C.berkeleyBerkeley, in May of 2012, under the supervision of Professors David Teece, Toby Stuart, Michael Katz, and Bronwyn Hall.edu ed_egan@haasEd then spent the 2012/2013 academic year as a post-doctoral fellow at the Sauder School of Business, U.berkeleyB.C., under his long-term mentors Jim Brander and Thomas Hellmann.edu]Tel: :(USA) +1 510 275 4535 (Fax by arrangement only):(CAN): +1 604 734 2995:(Cell): +1 510 388 2755

==Degrees Ed's [[Research Statement|research areas]] are the '''financing of entrepreneurship''' and Honours==the '''economics of innovation'''. His work consists primarily in the application of industrial organization economics and corporate finance to entrepreneurship and business strategy. Ed's specialty is the use of micro-data in large scale empirical analysis, however, his work also often contains useful theoretical innovation.

DegreesAn [[Media:*BSc (Hons) EdEgan_-_CurriculumVitae.pdf|Academic Curriculum Vitae]] for Ed Egan is available in Physics from University College London (UCL), London, England (2000)*MSc in Business from the University of British Columbia (UBC), Vancouver, Canada (2006)*PhD in Business from the University of California Berkeley, Berkeley, USA (In Progress)pdf format.

Honours==Job Market Paper== Ed's [[Job Market Paper|job market paper]], ''How Start-up Firms Innovate'', proposes a `system vs. components' theory of innovation to understand the relationship between inventive activity and commercialization investment choices for patent-holding high-technology start-up firms. He tests the theory using cross-sectional analyses and a difference-in-difference analysis on near-population data of patent-holding start-up firms that secured either an initial public offering or an acquisition between 1986 and 2004. The theory requires that entrepreneurs maximize their expected profits given both the available technological opportunity and the state of technology in their industry. Start-up firms should specialize to pit their strengths against incumbents' weaknesses or generalize to best incumbents on every dimension. Moreover, policy that affects commercialization investment choices should also affect research and development choices, and vice versa. Ed shows that following the introduction of the 2002 Sarbanes-Oxley Act, which raised the costs of an initial public offering, start-up firms preferred to specialize in component-based invention rather than developing competitive systems. ==Contact Information== Dr. Edward J. Egan<br>Innovation Policy Fellow <br>National Bureau of Economic Research<br>Office 401, 1050 Massachusetts Av., Cambridge, MA, 02138<br>Cell: 617 487-1325<br>Office: 617 588-1401 <br>Fax:617 868-2742 <br>Email: [mailto:ed@edegan.com ed@edegan.com] ==Education== BSc (Hons), Physics, University College London <br>MSc, Business Administration, University of British Columbia <br> PhD, Business Administration, University of California Berkeley ==Positions Held== 2013 - present, Innovation Policy Fellow, National Bureau of Economic Research <br> 2012 - 2013, Post-doctoral Research Fellow, Sauder School of Business, UBC <br> 2005 - 2006, Sessional Lecturer, Sauder School of Business, UBC ==Current Research and Interests== *Economics of technological innovation and intellectual property rights*Financing of entrepreneurship: Venture capital, Angel investment, subsidization of entrepreneurship*Strategic management in high-technology firms*Determinants of value in initial public offerings and acquisitions of start-up firms*Policy concerning innovation and entrepreneurship ==Selected [[Papers]]== *Egan, Edward J. (2013), ''How Start-up Firms Innovate: Technology Strategy, Commercialization Strategy, and their Relationship'', Job Market Paper. ([[Job Market Paper|wikipage]],[[Media:Egan_(2013)_-_How_Startups_Innovate_(Job_Market_Paper).pdf|pdf]])*Egan, Edward J. (2013), ''Venture Capitalists as Vendors of Complementary Components'', Job Market Companion Paper. ([[Job Market Paper|wikipage]])*Brander, James A. and Edward J. Egan (2013), ''Investor Expectations and the Role of Venture Capitalists in Acquisitions'', University of British Columbia, Working Paper. Proceedings of the Annual Conference, Administrative Science Association of Canada, Banff, Alberta (June ‘06).([[Brander Egan (2007) - The Role of VCs in Acquisitions|wikipage]],[[Media:Brander_Egan_(2012)_-_Investor_Expectations_and_the_Role_of_Venture_Capitalists_in_Acquisitions.pdf | pdf]])*Egan, Edward J. and David J. Teece (2013), ''Patent Thickets: Taxonomy, Theory, Tests, and Policy'', U.C. Berkeley Working Paper. ([[Patent Thicket Literature Review|wikipage]],[[Media:Egan_Teece_(2013)_-_Patent_Thickets_Theory_Taxonomy_Tests_and_Policy.pdf|pdf]])*Brander, James A., Edward J. Egan and Louisa Yeung (2013), ''Estimating the Effects of Age on NHL Player Performance'', Revise and resubmit to the Journal of Quantitative Analysis of Sports ([[Winner's Curse |wikipage]],[[Media:Brander_Egan_Yeung_(2013)_-_Estimating_the_Effects_of_Age_on_NHL_Player_Performance.pdf| pdf]])*Brander, James A., Edward J. Egan, and Thomas F. Hellmann (2010), ''Government Sponsored versus Private Venture Capital: Canadian Graduate Scholar Evidence'', in "International Differences In Entrepreneurship", J. Lerner and A. Schoar, National Bureau of Economic Research, Cambridge, MA. ([[Brander Egan Hellmann (2010) - Government Sponsored versus Private Venture Capital|wikipage]],[[Media:Brander_Egan_Hellmann_(20082010)_-_Government_Sponsored_versus_Private_Venture_Capital.pdf|pdf]] ) ==[[Teaching Statement|Teaching]]== *MBA 201A - Economic Analysis for Business Decisions*Social Sciences COMM 394 - Government and Research Council Business*COMM437 - Database Technology ==Honors and Awards== *C.U.S. Teaching Excellence Award Nominee, Sauder School of Business, UBC - 2012*Henry K. Hayase Award, PhD Program, Haas School of Business - 2012*Kauffman Foundation Dissertation Fellow, Ewing Marion Kauffman Foundation - 2012*Earl F. Cheit Outstanding G.S.I. Award, Haas School of Business, UC Berkeley - 2010*Canadian Graduate Scholar, Government of Canada - 2008*SSHRC Doctoral Fellow , Government of Canada - 2008 ==References and Advisors== '''Primary Referees:'''*'''[http://mitsloan.mit.edu/faculty/detail.php?in_spseqno=41362 Scott Stern], Sloan (2008MIT), [mailto:sstern@mit.edu sstern@mit.edu], 617 253-3053''' *'''[http://strategy.sauder.ubc.ca/hellmann/ Thomas F. Hellmann], Sauder (UBC University Graduate ), [mailto:hellmann@sauder.ubc.ca hellmann@sauder.ubc.ca], 604 822-8476''' *'''[http://facultybio.haas.berkeley.edu/faculty-list/teece-david David J. Teece], Haas (U.C. Berkeley), [mailto:teece@haas.berkeley.edu teece@haas.berkeley.edu], 510 642-1075''' IP Fellow Supervisors (NBER):*'''[http://mitsloan.mit.edu/faculty/detail.php?in_spseqno=41362 Scott Stern], Sloan (MIT), [mailto:sstern@mit.edu sstern@mit.edu], 617 253-3053''' *[http://www.people.hbs.edu/jlerner/ Josh Lerner], HBS, [mailto:josh@hbs.edu josh@hbs.edu], 617 495-6065 Post-doctoral Fellow Supervisors (UBC):*'''[http://strategy.sauder.ubc.ca/hellmann/ Thomas F. Hellmann], Sauder (UBC), [mailto:hellmann@sauder.ubc.ca hellmann@sauder.ubc.ca], 604 822-8476''' *[http://strategy.sauder.ubc.ca/brander/ James A. Brander], Sauder (2006UBC), [mailto:brander@sauder.ubc.ca brander@sauder.ubc.ca], 604 822-8483 Ph.D. Committee (Haas School of Business, U.C. Berkeley):*'''[http://facultybio.haas.berkeley.edu/faculty-list/teece-david David J. Teece], Haas (U.C. Berkeley), [mailto:teece@haas.berkeley.edu teece@haas.berkeley.edu], 510 642-1075'''*[http://facultybio.haas.berkeley.edu/faculty-list/stuart-toby Toby E. Stuart], Haas (U.C. Berkeley), [mailto:tstuart@haas.berkeley.edu tstuart@haas.berkeley.edu], 510 643-7671*[http://facultybio.haas.berkeley.edu/faculty-list/katz-michael Michael L. Katz], Haas (U.C. Berkeley), [mailto:katz@haas.berkeley.edu katz@haas.berkeley.edu], 510 643-0661 *See my curriculum vitae for [http://elsa.berkeley.edu/~bhhall/ Bronwyn H. Hall], U.C. Berkeley, [mailto:bhhall@econ.berkeley.edu bhhall@econ.berkeley.edu], 510 642-0822 Orals Committee and other honours doctoral advisors (Haas School of Business, U.C. Berkeley):*[http://facultybio.haas.berkeley.edu/faculty-list/mowery-david David Mowery], Haas (U.C. Berkeley), [mailto:mowery@haas.berkeley.edu mowery@haas.berkeley.edu], 510 643-9992 *[http://socrates.berkeley.edu/~scotch/ Suzanne Scotchmer], Professor of Economics, Law and awardsPublic Policy (U.C. Berkeley), [mailto:scotch@berkeley.edu scotch@berkeley.edu], 510 643-8562*[http://faculty.haas.berkeley.edu/stadelis/ Steve Tadelis], Haas (U.C. Berkeley), [mailto:stadelis@haas.berkeley.edu stadelis@haas.berkeley.edu], 510 643-0546