College of Business University of Illinois at Urbana-Champaign
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Joseph T. Mahoney
Associate Professor of Business Administration

Educational Background

Ph.D., M.S. Business Economics, Wharton School of Business, B.A. Economics, University of Pennsylvania, 1989, 1984, 1980.

Positions Held

At the University of Illinois since 1988.

Recent Publications

Kim, J., & Mahoney, J. T. Property rights theory, transaction costs theory and agency theory: An organization economics approach to strategic management. Managerial and Decision Economics, forthcoming.

Mahoney, J., & Michael, S. 2004. A subjective theory of entrepreneurship. In S. Alvarez (Ed.), Handbook of entrepreneurship. Boston, MA: Kluwer, forthcoming.

Tan, D., & Mahoney, J. 2004. Examining the Penrose effect in an international business context: The dynamics of Japanese firm growth in the U. S. industries. Managerial and Decision Economics, forthcoming.

Kor, Y., & Mahoney, J. 2004. Edith Penrose's (1959) contributions to the resource-based view of strategic management. Journal of Management Studies, 41: 183-191.

Mahoney, J., & Sanchez, R. 2004. Building new management theory by integrating processes and products of thought. Journal of Management Inquiry, 13: 34-47.

Sanchez, R., & Mahoney, J. 2003. Modularity, flexibility, and knowledge management in product organization design. In R. Garud, A. Kumaraswamy, & R. N. Langlois (Eds.), Managing the modular age: Architectures, networks and organization design: 362-380. New York: Blackwell.

Tan, D., & Mahoney, J. 2003. Explaining the utilization of managerial expatriates from the perspectives of resource-based, agency, and transaction costs theories. Advances in International Management, 15: 179-205.

Kim, J., & Mahoney, J. 2002. Resource-based and property rights perspectives on value creation: The case of oil field unitization. Managerial and Decision Economics, 23: 225-245.

Mahoney, J. 2002. The continuing relevance of Chester I. Barnard's teachings to contemporary management education. International Journal of Organization Theory and Behavior, 5: 159-172.

Mahoney, J., & Pandian, J. 2002. The resource-based view within the conversation of strategic management. In R. N. Langlois, T. F.-L. Yu, & P. L. Robertson (Eds.), Alternative theories of the firm: 150-167. Northampton, MA: Edward Elgar.

Mahoney, J. 2001. A resource-based theory of sustainable rents. Journal of Management, 27: 651-660.

Sanchez, R., & Mahoney, J. 2001. Modularity, flexibility, and knowledge management in product and organization design. In P. E. Earl (Ed.), The legacy of Herbert Simon in economic analysis: 535-548. Cheltenham, UK: Edward Elgar.

Sanchez, R., & Mahoney, J. 2001. Modularity and dynamic capabilities. In H. Volberda & T. Elfring (Eds.), Rethinking strategy: 158-171. Thousand Oaks, CA: Sage.

Mahoney, J., & Kor, Y. 2000. Penrose's resource-based approach: The process and product of research creativity. Journal of Management Studies, 37: 109-139.

Honors and Awards

Executive MBA Outstanding Teaching Award, University of Illinois, 1999, 2002. Outstanding Teaching Award, International Executive MBA, 2000. Graduate Studies Teaching Award, College of Business, 2000.

Academic Service

Editorial boards: Journal of Management Studies, 2003-present; Academy of Management Review, 2002-present; Strategic Management Journal, 1991-present.

Teaching and Research

Teaches undergraduate, M.B.A., Executive M.B.A., and Ph.D. courses in strategic management and business economics. Research interest include corporate governance and organizational economics. Business applications include distribution, make-or-buy decisions, and vertical coordination.

Contact Information:
321 David Kinley Hall
1407 W. Gregory Drive
Urbana, IL 61801
(217) 244-8257

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