SERVICE AND PROFESSIONAL APPOINTMENTS AND ASSIGNMENTS

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1 PRASHANT KALE Asst. Professor of Corporate Strategy and International Business Stephen M. Ross School of Business, University of Michigan 701, Tappan Ave, D4209E Ann Arbor, MI Tel: (O); August 2005 EDUCATIONAL BACKGROUND Ph.D. in Management, Wharton School of Business, Dec 1999 M.A. in Managerial Science & Applied Economics, Wharton School of Business, Dec M.B.A. (PGDM), Indian Institute of Management Ahmedabad, India, April B.E., College of Engineering, Pune University, India, June ACADEMIC APPOINTMENTS Stephen M. Ross School of Business, University of Michigan Assistant Professor of Corporate Strategy and International Business, 1999-present William Davidson Institute, Stephen M. Ross School of Business, University of Michigan Research Fellow. SCHOLARLY AWARDS AND HONORS Best Conference Paper, Finalist, Annual Strategic Management Society Conference, Booz Allen & Hamilton Best Paper Award (for student co-author), Annual Strategic Management Society Conference, Best Paper Award, International Management Division, Academy of Management, Booz Allen & Hamilton Best Paper Award (for student co-author), Annual Strategic Management Society Conference, Best Conference Paper, Top 10 Finalist for the McKinsey Best Paper Award, Annual Strategic Management Society Conference, Fellowship for Academic Excellence, Wharton School of Business, Merit Scholarship for Academic Excellence, Indian Institute of Management, University Rank Award, University of Pune, National Merit Scholarship, Government of India, SERVICE AND PROFESSIONAL APPOINTMENTS AND ASSIGNMENTS Editorial Board: Strategic Management Journal Ad-hoc Reviewer, Management Science, present Ad-hoc Reviewer, Academy of Management Journal, present Ad-hoc Reviewer, Sloan Management Review, present Ad-hoc Reviewer, Organization Science, 2002 Reviewer, Academy of Management, Business Policy Division, present Reviewer, Academy of Management, Technology and Innovation Management, 1998 Member, Academy of Management Member, Strategic Management Society

2 REFEREED PUBLICATIONS IN JOURNALS Splitting the Pie: Rent Distribution in Alliances and Networks. Jeff Dyer, Prashant Kale and H. Singh. Managerial and Decision Economics (Forthcoming) Where do capabilities come from and how do they matter? A Study in the Software Services Industry. Sendil Ethiraj, Prashant Kale, M.S. Krishnan and J. Singh. Strategic Management Journal. January When to Ally and When to Acquire? Jeff. Dyer, Prashant Kale and H. Singh. Harvard Business Review. July-Aug Choosing Equity Stakes in Technology Sourcing Partnerships: An Integrative Framework. Prashant Kale and Phanish Puranam. California Management Review, Spring Alliance Capability, Stock Market Response and Long-term Alliance Success. Prashant Kale, Jeff Dyer and Harbir Singh. Strategic Management Journal, August How to make Strategic Alliances work: The Role of the Alliance Function. Jeff Dyer, Prashant Kale and Harbir Singh. MIT Sloan Management Review, July 2001 Alliance Value Creation and Success in Strategic Alliances: Alliancing Skills and the Role of Alliance Structure and Systems. Prashant Kale, Jeff Dyer and Harbir Singh. European Management Journal, October Learning and Protection of Proprietary Assets in Strategic Alliances: Building Relational Capital. Prashant Kale, Harbir Singh and H. Perlmutter. Strategic Management Journal, March 2000 OTHER REFEREED PUBLICATIONS Acquisition Value Creation in Emerging Markets: A Study of Acquisitions in India. Academy of Management Best Paper Proceedings, New Orleans, Choosing Equity Ownership Levels in Technology Sourcing Relationships: A Decision- Making Perspective. Prashant Kale and Phanish Puranam. Academy of Management Best Paper Proceedings, New Orleans, 2004 Alliance Value Creation in E-Businesses An Empirical Analysis. Sendil Ethiraj, Prashant Kale and Harbir Singh. Cooperative Strategies and Alliances (eds) Farok Contractor and Peter Lorange Effects of Market Liberalization on Joint Venture Contributions, Control, Stability and Performance. Prashant Kale and Jaideep Anand. Academy of Management Best Paper Proceedings, Washington D.C Building Alliance Capability: A Knowledge-based Approach. Prashant Kale and Harbir Singh. Academy of Management Best Paper Proceedings, Chicago, 1999.

3 BOOK CHAPTERS Understanding Partnering Processes and Outcomes: The Contribution of Evolutionary Theory. Prashant Kale and Maurizio Zollo. Handbook of Strategic Alliances (eds) Jeff Reuer and Oded Shenker. Sage, 2005 (forthcoming) International Joint Ventures in Emerging Markets: Past Drivers and Future Trends. Jaideep Anand and Prashant Kale. Handbook of Strategic Alliances (eds) Jeff Reuer and Oded Shenker. Sage, 2005 (forthcoming) Effects of Market Liberalization on Joint Venture Contributions and Control: An Empirical Study of International JVs in India. Jaideep Anand and Prashant Kale. Entrepreneurship and Innovation in Emerging Economies (eds) Arnold Cooper, Sharon Alvarez, Alejandro Carrera, Luiz Mesquita and Roberto Vassolo. Blackwell, Making Strategic Alliances Work. Prashant Kale, Jeff Dyer and H. Singh. Innovation: Driving Product, Process and Market Change (ed) Edward Roberts PAPERS UNDER REVIEW OR REVISION WITH JOURNALS Resource Attributes or Exchange Attributes: Why Managers Chose Equity Ownership in Inter-firm Relationships (with P. Puranam). Organization Science (under Review) Determinants of Price in Custom Software: A Hedonic Analysis of Offshore Development Projects (with S. Ethiraj, M.S. Krishnan and J. Singh). Management Science (Revise and Resubmit) Alliance Learning Capability and Firm-Level Alliance Success: A Knowledge-based Approach (with Harbir Singh). Strategic Management Journal. (Revise and Resubmit). Survival of Market-Entry Joint Ventures in Emerging Markets (with J. Anand). Strategic Management Journal. (Revise and Resubmit) Organizational Imprinting and the Search for Knowledge to build Firm Resources (with A. Kriauciunas). Strategic Management Journal. (Revise and Resubmit). The Dynamics and Decline of Emerging Economy Joint Ventures (with J. Anand). California Management Review (Revise and Resubmit) Acquisition Value Creation in Emerging Markets: Strategic Management Journal (Under Review) Emerging Market Acquisitions: When do they Create Value. MIT Sloan Management Review (Revise and Resubmit). Equity Ownership in Inter-firm Technology Relationships: Which Theoretical Considerations Matter and How? (with P. Puranam). Research Policy (Under Review)

4 WORKING PAPERS Collaborative Capability of the Firm, Joint Action and Relationship Quality in Inter-firm relationships (with M. Schreiner and D. Corsten). Submitted to the Academy of Management Conference and the Annual SMS Conference, Managerial Decision-making regarding Governance arrangements in Inter-firm relationships (with P. Puranam). Submitted to the Academy of Management Conference, 2005 The Building Blocks of Alliance Capability: What do we really know? Success in Innovation: The Relative and Interdependent Role of Exploration, Exploitation and Competition (with A. Nerkar). The Contribution of Evolutionary Theory to understanding Alliances (with M. Zollo) RESEARCH PAPER PRESENTATIONS IN REFEREED CONFERENCES The Alliance Function: What do we really know? Alliance Edge Seminar, Toronto, Equity Ownership in Inter-firm Relationships: A Decision-making perspective. Annual Strategic Management Conference, San Juan, The Alliance Function: Benefits and Challenges. Symposium on New Directions in Strategic Alliance Research. Annual Strategic Management Conference, San Juan, Acquisition Value Creation in Emerging Markets: A Study of Acquisitions in India. Academy of Management Meeting, New Orleans, Choosing Equity Ownership Levels in Technology Sourcing Relationships: A Decision- Making Perspective. Academy of Management Meetings, New Orleans, 2004 Alliances and Acquisitions as alternative Growth Vehicles. Annual Conference of the Strategic Management Society, Baltimore The Impact of Environmental Imprinting & Search on Resource Change: An Empirical Study of Firms in Central Europe. Academy of Management Meetings, Denver Alliances v/s. Acquisitions: Choosing Inter-organizational Designs to Manage External Innovation. Annual Conference of the Strategic Management Society, Paris Evolution of Capabilities and Competitive Advantage: A Case of the Indian Software Industry. Annual Conference of the Strategy Management Society, San Francisco, An Empirical Study of Alliance Value Creation in E-Businesses. Academy of Management Meetings, Washington DC Effects of Market Liberalization on Joint Venture Contributions, Control, Stability and Performance. Academy of Management Meetings, Washington DC E-Business Models and the Role of Alliances. Conference on Strategic Alliances, Institute of Management Development (IMD), Switzerland, June Alliance Capability and its impact on Stock Market Response and Long Term Alliance Success. Academy of Management Meetings, Toronto, August Splitting the Pie Creating and Capturing Value in Alliances, Annual Conference of the Strategic Management Society, October Berlin. Alliance Capability and Success: A Knowledge-based Approach. Academy of Management Meetings, August 6-10, Chicago

5 Building Alliance Competence: A Study of Hewlett Packard. The Huntsman Center of Global Competition and the Emerging Technologies Management Research Program, May Philadelphia. Determinants of an Alliance Management Competence: An Empirical Study. Annual Conference of the Strategic Management Society, Nov Orlando Learning & Protection of Proprietary Assets in Strategic Alliances. Academy of Management Meetings, August San Diego. Exploration & Exploitation in Firm R&D. Global Conference INSEAD, July1998. Fontainebleau, France. Building Capabilities through Strategic Patenting. Academy of Management Meetings, August 1997, Boston. Learning & Protection of Proprietary Assets: Building Relation Specific Capital in Strategic Alliances. Annual Conference of the Strategic Management Society, Nov Phoenix. Building Patent Portfolios for Strategic Advantage: The case of the Chemical Industry. Annual Conference of the Strategic Management Society, Nov Phoenix. Incentive or Inertia: Introducing Cannibalizing Innovations. Academy of Management Meetings, August PRESENTATIONS AND PARTICIPATION IN OTHER CONFERENCES & MEETINGS The Alliance Function: Benefits and Challenges. The Alliance Edge Conference, Queens University Business School, Kingston, Stability and Performance of Indian Business Groups Joint Ventures. Conference on India: Ten Years of Economic Reforms. University of Michigan, Alliance Networks and Value Creation in E-Business. Annual Partners Conference of the Emerging Technologies Research Program, the Wharton School, April Alliance Capability, Stock Market Response, and Long Term Alliance Success. BYU Winter Strategy Conference, March Provo, Utah. Presentations in seminars in several Universities such as Northwestern University, University of Minnesota, Purdue University, University of Washington, University of Pennsylvania, the London Business School, INSEAD, IMD, Boconni University, National University of Singapore, the Indian Institute of Management, etc. Discussant on papers/panels at the Academy of Management Meetings, BYU Winter Strategy Conference, Annual Strategic Management Conference, Alliance Conference at Boconni University, Italy, Queen s University Alliance Edge Conference, etc. CURRENT RESEARCH ACTIVITY/PROJECTS Study Alliances and Acquisitions in Emerging Technologies and Emerging Economies Study how firms make a choice between alliances and acquisitions Study how firms/managers make ownership choices in inter-firm technology relationships. Study the evolution and performance of alliances in Emerging economies. Study acquisition value creation trends and drivers in Emerging economies Compare the Formation and Performance of Private and Public Sector Joint Ventures. Study Alliance Capability.

6 Study the drivers of building Alliance Capability Study what constitutes Alliance Capability Study the evolution and performance impact of Firm Capabilities Study the role and performance impact of multi-level mechanisms of capability development in firms (study conducted in the context of the software services industry). Study the limitations and trade-offs of deliberate Learning and Knowledge Accumulation in building firm capabilities. Study the development and impact of technological and R&D capabilities. TEACHING Corporate Strategy (CSIB 502): MBA Core Course, Stephen M. Ross School of Business, University of Michigan (Avg. Rating for the Fall 2004 Semester: 4.93/5.00) Strategic Management of Alliances (CSIB 681): MBA Elective, Stephen M. Ross School of Business, University of Michigan (Avg. Rating for the Winter 2004 Semester: 4.96/5.00) Corporate Strategy (CSIB 390): BBA Core Course, Stephen M. Ross School of Business, University of Michigan (Avg. Rating for the Winter 2002 Semester: 4.94/5.00). INDUSTRY EXPERIENCE AND APPOINTMENTS Yonex Company Ltd., Japan: Regional Manager for South and South East Asia Johnson & Johnson Inc.: Regional Manager (India) for the Personal and Consumer Products Group ICI Plc: Exports Manager, Asia and Africa Region, Fibers and Specialty Chemicals Division Siemens Gmbh.: Product Design Engineer, Medical Diagnostics Group Board Member: Jump-startup Venture Fund; Ruksun Software Technologies Ltd.

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