Richard Makadok
Professor of Management
Brock Family Chair in Strategic Management
Strategic Management
Education
Ph.D. in Strategic Management, Wharton School of Business, University of Pennsylvania, 1994
M.B.A. in Management, Wharton School of Business, University of Pennsylvania, 1991
M.A. in Economics, Yale University, 1988
B.A. in Economics and Mathematics (summa cum laude), Yale University, 1988
Journal Articles
- Makadok, Richard & David Gaddis Ross (2018). Losing By Winning: The Danger Zone of Adverse Competitor Replacement. Strategic Management Journal, vol. 39 (7), 1990-2013. | Related Website |
- Makadok, Richard, Richard Burton, & Jay Barney (2018). A Practical Guide for Making Theory Contributions in Strategic Management. Strategic Management Journal, vol. 39 (6), 1530-1545. | Related Website |
- Schmidt, Jens, Richard Makadok, & Thomas Keil (2016). Customer-Specific Synergies and Market Convergence. Strategic Management Journal, vol. 37 (5), 870-895. | Related Website |
- Makadok, Richard and Ross, David Gaddis (2013). Taking Industry Structuring Seriously: A Strategic Perspective on Product Differentiation. Strategic Management Journal, vol. 34 (5), 509-532. | Related Website |
- Makadok, Richard (2011). The Four Theories of Profit and Their Joint Effects. Journal of Management, vol. 37 (5), 1316-1334. | Related Website |
- Makadok, Richard (2010). The Interaction Effect of Rivalry Restraint and Competitive Advantage on Profit: Why the Whole Is Less Than the Sum of the Parts. Management Science, vol. 56 (2), 356-372. | Related Website |
- Makadok, Richard, & Coff, Russell (2009). Both Market and Hierarchy: An Incentive-Systems Theory of Hybrid Governance Forms. Academy of Management Review, vol. 34 (2), 297-319. | Related Website |
- Makadok, Richard (2003). Doing the Right Thing and Knowing the Right Thing to Do: Why the Whole Is Greater Than the Sum of the Parts. Strategic Management Journal, vol. 24 (10), 1043-1055. | Related Website |
- Makadok, Richard (2002). A Rational-Expectations Revision of Makadok's Resource/Capability Synthesis. Strategic Management Journal, vol. 23 (11), 1051-1057. | Related Website |
- Makadok, Richard, & Barney, Jay (2001). Strategic Factor Market Intelligence: An Application of Information Economics to Strategy Formulation and Competitor Intelligence. Management Science, vol. 47 (12), 1621-1638. | Related Website |
- Makadok, Richard (2001). Toward a Synthesis of the Resource-Based and Dynamic-Capability Views of Rent Creation. Strategic Management Journal, vol. 22 (5), 387-402. | Related Website |
- Makadok, Richard & Walker, Gordon (2000). Identifying a Distinctive Competence: Forecasting Ability in the Money Fund Industry. Strategic Management Journal, vol. 21 (8), 853-864. | Related Website |
- Makadok, Richard (1999). Inter-Firm Differences in Scale Economies and the Evolution of Market Shares. Strategic Management Journal, vol. 20 (10), 935-952. | Related Website |
- Makadok, Richard (1998). Can First-Mover and Early-Mover Advantages Be Sustained in an Industry with Low Barriers to Entry/Imitation?. Strategic Management Journal, vol. 19 (7), 683-696. | Related Website |
- Makadok, Richard & Walker, Gordon (1996). Search and Selection in the Money Market Fund Industry. Strategic Management Journal, vol. 17 (summer), 39-54. | Related Website |
- Smith, Kenwyn K., Kaminstein, Dana, & Makadok, Richard (1995). The Health of the Corporate Body: Illness and Organizational Dynamics. Journal of Applied Behavioral Science, vol. 31 (3), 328-351. | Related Website |
Animated whiteboard to maximize discussion
Krannert Dean David Hummels speaks with two award-winning teachers about methods to share knowledge with their students. Economics Professor Kelly Blanchard uses technology to help deliver material to large lecture sections; Rich Makadok, the Brock Family Chair in Strategic Management, utilizes online animated whiteboard lectures to maximize face-to-face discussion during class periods.
Contact
rmakadok@purdue.edu
Phone: (765) 49-44271
Office: KCTR 216
Quick links
Google Scholar page
LinkedIn page
Area(s) of Expertise
Economic theory of profit Competitive advantage Competitive rivalry Timing of strategic moves Information asymmetry