Biography
Prior to joining the Goizueta Business School faculty, Professor Thomas held positions at the University of Illinois, the Graduate School of Business at Columbia University, and the Stern School of Business at NYU. His research focuses on how technological and social forces create and sustain the competitive advantage of firms. He has published three books, with the most recent one examining the failure of Japanese industrial policy for pharmaceuticals. His articles have appeared in the Rand Journal of Economics, the Journal of Law and Economics, the Strategic Journal of Management, Management Science, and the Quarterly Journal of Economics.

Publications

• Are We All Global Now? Local vs. Foreign Sources of Corporate Competence: The Case of the Japanese Pharmaceutical Industry, Strategic Management Journal, 2004
• The Japanese Pharmaceutical Industry: The New Drug Lag and the Failure of Industrial Policy, Edward Elgar, Cheltenham, UK, 2001
• Competing Capitalisms: Investment Patterns of American, German, and Japanese Firms, Strategic Management Journal, September 1999
• The Two Faces of Competition: Dynamic Resourcefulness and the Hypercompetitive Shift, Organization Science, May 1996
• Implicit Industrial Policy: The triumph of Britain and the Failure of France in Global Pharmaceuticals, Industrial and Corporate Change (Issue 2), 1994

Working Papers

• Adjustment Costs, the Theory of Investment, and Sustained Competitive Advantage, January, 2004.
• The Rise of Hypercompetition in the US Manufacturing Sector, 1950 to 2002, with Richard D'Aveni, October 2004.
• Moths to a Flame: Social Proof, Reputation, and Status in the Overseas Electricity Bubble, with Raymond Hill, May 2005.
• From Streets to Suites:The Impact of the Anti-Biotech Movement on German Pharmaceutical Firms, with Klaus Weber and Hayagreeva Rao, November 2005.

Areas of Specialization

• Strategic Management
• International Business

Academic Background
Ph.D., Economics, Duke University
B.A., Economics, Vanderbilt University