MAGDALENA CHOLAKOVA Erasmus University • Strategic Management & Entrepreneurship Department • Burgemeester Oudlaan 50 • 3062 PA Rotterdam • The Netherlands e-mail: [email protected] • phone: +31 10 408 9613

ACADE MIC POSITIONS Erasmus University, Rotterdam School of Management, August, 2013-present Assistant Professor (tenure-track), Strategic Management & Entrepreneurship Department

EDUCATION Bocconi University (Milan, Italy) PhD, Business Administration and Management, 2008-2013 Graduated with distinction Thesis Title: Microfoundations of Entrepreneurial Decision Making: Cognitive and Affective Processes in the Evaluation and Pursuit of Novel Opportunities Advisors: Anna Grandori, Davide Ravasi, Bart Clarysse Trinity College Dublin (Dublin, Ireland) MPhil, Organizational Behavior and Management, 2006-2008 MSc, Statistics, 2007-2008 (Postgraduate Diploma Course, part-time) Jacobs University Bremen (Bremen, Germany) BA, Integrated Social and Cognitive Psychology, 2003-2006 Graduated with distinction

RESEARCH INTERESTS Decision Making, Uncertainty, Institutional Logics, Complexity, Cognition, Emotion, Crowdfunding, Venture Capital & Angel Investing, Hybrid Ventures

PUBLICATIONS Cholakova, M. & Clarysse, B. (2015). Does the possibility to make equity investments in crowdfunding projects crowd out reward-based investments? Entrepreneurship Theory and Practice, Accepted. Grandori, A., & Cholakova, M. (2013). Unbounding bounded rationality: Heuristics as the logic of economic discovery. International Journal of Organization Theory and Behavior, 16, 368-392. Cholakova, M. (2013). Comment on ‘Alliance Governance and Performance in SMEs: Matching Relational and Contractual Governance with Alliance Goals’. Entrepreneurship Research Journal, 3, 130-133. Hayton, J., & Cholakova, M. (2012). The role of affect in the creation and intentional pursuit of entrepreneurial ideas. Entrepreneurship Theory and Practice, 36, 41-68.

WORKING PAPERS Cholakova, M., & Grandori, A. Neither biasing, nor fast and simple: Epistemic rational heuristics for innovative strategic decision making. Cholakova, M. & Ravasi, D. On the cognitive underpinnings of institutional complexity: Why do some individuals perceive multiple logics as conflicting while others do not? Cholakova, p.1

Cholakova, M. Evaluation under uncertainty: Does following the ‘what if’ path foster entrepreneurial thinking? Cholakova, M. & Ravasi, D. Imagining future entrepreneurial opportunities: When does it hurt to keep ourselves in the frame?

TEACHING APPOINTMENTS Rotterdam School of Management (Rotterdam, The Netherlands) 2013-2014: Lecturer: Strategic Management (BSc International Business Administration, 2nd year core course, 350 students) Lecturer, Course Developer: Start-Up and Growth (MSc Strategic Entrepreneurship, core course, 70 students) Lecturer, Course Developer and Coordinator: New Strategies for Financing Start-Ups (MSc Strategic Management, elective course, 65 students) Lecturer: Strategic Entrepreneurship (MPhil elective course) Bocconi University (Milan, Italy) Previous appointments: Lecturer: Leadership (3rd year undergraduate, app. 200 students), 2012-2013 Teaching Assistant: Strategic Organization (MBA course, SDA Bocconi), 2012-2013 Teaching Assistant: Organization Theory (3rd year undergraduate), 2010-2013 Teaching Assistant: Managerial Skills Seminars (2nd year undergraduate), 2010-2013 Teaching Assistant: Management (1st year undergraduate), 2011-2013 Teaching Assistant: Leadership (3rd year undergraduate), 2011-2012 Teaching Assistant: Marketing Communications (2nd year undergraduate), 2009-2010 Trinity College Dublin (Dublin, Ireland) Teaching Assistant: Organizational Behavior (2nd year undergraduate, app. 300 students), 2006-2008

VISITING RESEARCH POSITIONS Imperial College London Business School (London, UK) February-July, 2011 Visiting Research Scholar at the Entrepreneurship Hub; Advisor: Bart Clarysse University of Exeter, School of Psychology (Exeter, UK) July-September, 2007 Visiting Research Scholar at the Institute for the Psychological Study of Identity in Society (IPSIS); Advisor: Alex Haslam Cardiff University, School of Psychology (Cardiff, UK) June-August, 2005 Research internship focused on the Temporal Dynamics of Facial Expressions. Responsible for running experiments, data analysis, & FACS coding; Advisor: Tony Manstead

AWARDS AND SCHOLARSHIPS       

Professor of the Year Award, 2014 One-year competitive research grant (Bocconi University), 2012-2013 PhD Fellowship, Bocconi University, Italy, 2008-2012 Invited Fellow, Summer Institute on Bounded Rationality, Max Planck Institute, Berlin, Germany, 2011 Invited Fellow, McKinsey European Insight Programme, Austria, 2009 Postgraduate Research Studentship, Trinity College Dublin, 2006-2008 Merit-based scholarship, Jacobs University Bremen, 2003-2006 Cholakova, p.2

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Internship stipend, Jacobs University Bremen, 2005 DAAD Awards for extracurricular achievements, Jacobs University, 2004 & 2005 (German Academic Exchange Service) Full Scholarship for the Global Young Leaders Conference, Washington, USA, 2003

SELECTED WORKSHOPS (PARTICIPATION BY NOMINATION OR INVITATION)       

European Entrepreneurship Colloquium, European Forum for Entrepreneurship Research, Brussels, 6-12 July, 2014 Third European Theory Development Workshop in OMT and Strategy, Amsterdam, June, 2014 Doctoral Workshop, Strategic Management Conference, Prague (full sponsorship), 10/2012 European Strategy, Entrepreneurship & Innovation Doctoral Consortium, Copenhagen (full sponsorship), 09/2012 OMT/MOC Doctoral Consortium, Academy of Management Conference, Boston, 08/2012 Cognition in the Rough Workshop, Academy of Management Conference, Boston, 08/2012 AMJ/OMT Research Development Workshop, Bocconi University, Milan, 05/2012

CONFERENCE PRESENTATIONS On the microfoundations of institutional complexity: Why do some individuals perceive multiple logics as conflicting while others do not? Paper accepted for the 30th EGOS Colloquium, Rotterdam, The Netherlands, July, 2014 (with D. Ravasi). Neither biasing, nor frugal: Complex heuristics for Innovative Strategic Decision Making. Paper accepted for the SMS Special Conference ‘Microfoundations for Strategic Management Research: Embracing Individuals’, Copenhagen, Denmark, June, 2014 (with A. Grandori). Does the possibility of making equity investments in crowdfunding projects crowd out our prosocial motivation? Paper presented at the 10th Annual NYU-Stern Conference on Social Entrepreneurship, New York, USA, November, 2013 (with B. Clarysse). Evaluation under uncertainty: Does following the ‘what if’ path foster entrepreneurial thinking? Paper presented at the Academy of Management Annual Meeting, Lake Buena Vista, USA, 2013. Imagining future entrepreneurial opportunities: When does it hurt to keep ourselves in the frame? Paper accepted for the 5th Israel Strategy Conference Doctoral Consortium, Tel Aviv, Israel, 2012. Too dear to be too clear: The role of emotional attachment and reappraisal in evaluating novel ideas. Paper presented at the 32nd Annual Strategic Management Conference, Prague, Czech Republic, 2012. Effective heuristics for decisions under uncertainty: Lessons from angel investing. Paper presented at the Academy of Management Annual Meeting, Boston, USA, 2012 (with A. Grandori). A configurational approach to successful decision making under uncertainty: Lessons from angel investing. Poster presented at the 32nd Annual Conference of the Society for Judgment and Decision Making, Seattle, USA, 2011. Integrated Differentiation: A cognitive and affective perspective to risky decision making. Paper presented at the Academy of Management Annual Meeting, San Antonio, USA, 2011. The role of affect in entrepreneurial opportunity recognition and evaluation. Paper presented at the Academy of Management Annual Meeting, Montreal, Canada, 2010 (with J. Hayton). Cholakova, p.3

Avoiding an early escape: The role of self-concept clarity in coping with negative change events. Poster presented at the 15th European Conference on Personality Psychology, Brno, Czech Republic, 2010 (with Martin Fellenz). Cognition and change: The role of self-unity, complexity and need for structure in coping and identity negotiation. Paper presented at the conference of the International Society for the Study of Individual Differences, Chicago, USA, 2009 (with M. Fellenz). An individual or an interpersonal chameleon: Which personality factors support coping with identity change in organizations? Paper presented at the 14th European Conference on Personality Psychology, University of Tartu, Tartu, Estonia, 2008 (with M. Fellenz). Pushing the right buttons: The role of identity negotiation in coping with organizational change. Paper presented at the 10th Annual Conference of the Irish Academy of Management, Queen’s University Belfast, United Kingdom, 2007 (with M. Fellenz). Towards an IT-enabled customer centric service supply chain. Paper presented at the Academy of Marketing Conference, Kingston University London, London, United Kingdom, 2007 (with M. Brady & M. Fellenz).

INVITED TALKS & CHAIRED SYMPOSIA EGOS Pre-Colloquium PhD Workshop Convenor, 30th EGOS Colloquium, Rotterdam, The Netherlands (July, 2014). Does the possibility to make equity investments in crowdfunding projects crowd out our prosocial motivation? Invited talk, IESE Business School, University of Navarra (March, 2014). Getting there with a little help: Crowdfunding as a new form of entrepreneurial finance. Conference Chair, Entrepreneurship Hub, Imperial College London (April, 2013). Exploring the role of competing logics in the evaluation of early-stage opportunities: A discussion through a process tracing and mental simulations lens. Invited talk, University of Southern Denmark (March, 2013). Discussant of a competitive paper for the Special Issue of the Entrepreneurship Research Journal, Inaugural European Research Forum (October, 2012).

REVIEWER ACTIVITY     

Journal of Management Studies International Journal of Management Research Long Range Planning Journal Entrepreneurship Research Journal Academy of Management Annual Meetings

PROFESSIONAL AFFILIATIONS Academy of Management; Strategic Management Society; Society for Judgment and Decision Making; Society for Personality and Social Psychology; European Association of Personality Psychology; The Psychological Society of Ireland.

RESEARCH EXPERIENCE Centre for Research in Organisation and Management, Bocconi University Member of the research group on the Microfoundations of Innovation, 2009-present

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Global Business Systems Research Centre, Trinity College Dublin Research Assistant for an Intel-funded project. Research focus: service-driven global supply chain management, RFID, & industry-academia collaborations, 2006-2008 Behavioral and Social Sciences Laboratory, Jacobs University Bremen Research Assistant, conducting experiments on emotions (electromyography) (Arvid Kappas); Research Assistant in cognition lab (eye tracking) (Bettina Olk), 2004-2006 Department of Political Science, Jacobs University Bremen Responsible for data analysis, based on the World Values Survey (Chris Welzel), 2004-2006

EXTRACURRICULAR INVOLVEMENT   

Elected as a PhD rep, Management Department Council, Bocconi University, 2009-2012 Elected as a postgraduate research representative, Trinity College Dublin, 2006-2008 Elected for the Editorial Review Committee, Trinity College Journal of Postgraduate Research, Trinity College Dublin, 2006-2007

SKILLS Languages English: fluent; Italian: advanced; German: working knowledge; Bulgarian: native IT Skills Statistical/Lab Software: SPSS, STATA, SAS, fs/QCA, NVivo, Media Lab, E-prime, AcqKnowledge, EyeLink II

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