Matt Marx

Biography

Matt Marx is the Bruce F. Failing, Sr. Chair in Entrepreneurship and Professor of Management & Organizations in the Charles H. Dyson School of Applied Economics and Management within the Cornell SC Johnson College of Business. He also serves as the faculty director of entrepreneurship at Cornell and a faculty research fellow at the National Bureau of Economic Research. Previously, he was an associate professor at the Massachusetts Institute of Technology Sloan School of Management and Boston University Questrom School of Business.

Marx's research focuses on reducing barriers to the commercialization of science and technology, which he experienced firsthand during a decade as an executive and engineer at two startups in the speech-recognition industry that achieved a combined $1.4 billion dollars in equity value. His articles have appeared in journals from multiple disciplines including Management Science, the Review of Financial Studies, Organization Science, the American Sociological Review, and Science. His work on employee non-compete agreements and job mobility played a key role in policy reforms for Hawaii and Massachusetts. Press coverage includes the New York Times, BBC, The Economist, Washington Post, Boston Globe, The Atlantic, Wired, Fortune, Forbes, and Bloomberg.

As part of the Innovation Information Initiative steering committee, Marx curates large-scale, open datasets for the scientific commons. Available at RelianceOnScience.org, his citations from worldwide patents to scientific articles has been downloaded more than 36,000 times and was featured at Supercomputing 2018. This work has been supported by more than $2 million in grants and awards from the Alfred P. Sloan Foundation and the National Science Foundation.

Marx holds six patents as well as a BS in symbolic systems from Stanford University; a master's degree from the MIT Media Lab; and both MBA and doctoral degrees from Harvard University.

Selected Publications

• Hsu, David; Marx, Matthew. "Revisiting the Entrepreneurial Commercialization of Academic Science: Evidence from “Twin” Discoveries"Management Science. 68.2 (2022): 1330-1352
• Marx, Matthew. "Employee Non-compete Agreements, Gender, and Entrepreneurship"Organization Science. 33.5 (2022): 1756-1772
• Marx, Matthew; Fuegi, Aaron. "Reliance on science by inventors: Hybrid extraction of in-text patent-to-article citations"Journal of Economics and Management Strategy. 31.2 (2022): 369-392
• Fleming, Lee; Greene, Hillary; Li, D.; Marx, Matthew; Yao, Dennis. "Government-funded research increasingly fuels innovation"Science. 364.6446 (2019): 1139-1141
• Marx, Matthew; Fuegi, Aaron. "Reliance on science: Worldwide front‐page patent citations to scientific articles"Strategic Management Journal. 41.9 (2020): 1572-1594
• Bickard, Michael; Marx, Matthew. "Bridging Academia and Industry: How Geographic Hubs Connect University Science and Corporate Technology"Management Science. 66.8 (2020): 3295-3798
• Ewens, Michael; Marx, Matthew. "Founder Replacement and Startup Performance"Review of Financial Studies. 31.4 (2017): 1532–1565
• Marx, Matthew; Timmermans, Bram. "Hiring Molecules, Not Atoms: Comobility and Wages"Organization Science. 28.6 (2017): 1115-1133
• Marx, Matthew; Gans, Joshua; Hsu, David. "Dynamic Commercialization Strategies for Disruptive Technologies: Evidence from the Speech Recognition Industry"Management Science. 60.12 (2014): 3103-3123
• Marx, Matthew. "The Firm Strikes Back: Non-Compete Agreements and the Mobility of Technical Professionals"American Sociological Review. 76.5 (2011): 695-712

Recent Courses

• AEM 2220 - Dilemmas in Entrepreneurship
• AEM 4200 - Dilemmas in Founding New Ventures
• NBA 5645 - Dilemmas in Founding New Ventures
• NBAE 5750 - Dilemmas in Founding Ventures
• NBA 6395 - Entrepreneurial Mindset

Academic Degrees

• DBA Harvard University, 2009
• MBA Harvard University, 2005
• MS Massachusetts Institute of Technology, 1995
• BS Stanford University, 1993