Associate Professor
Phone: 07 3138 4243
Fax: 07 3138 1299
Email: p.steffens@qut.edu.au
Room: Z759, Level 7, Z Block, Gardens Point campus
Qualifications
PhD
BE (Mech) (Hons I)
Career Summary
Professor Paul Steffens (Associate Professor, School of Management - Faculty of Business): specialises in innovation and technology management and entrepreneurship. He is coordinator of the Entrepreneurship and Innovation Cluster in the faculty of Business which boasts over 30 members and current research projects totalling over $1 million. Previous appointments include Director of the Technology and Innovation Management Centre, University of Queensland and academic positions at University of Queensland and Monash University and visiting positions at University of Kiel, Penn State University and Southern Illinois University. Academically he holds a Bachelor of Engineering (Honours I) and a PhD in diffusion of innovations, both from the University of Queensland.
Professional Affiliations
Academy of Management (Asia Pacific Co-ordinator, Technology and Innovation Management Division)
Research Interests
- Nascent Entrepreneurship
- Managing Intellectual Property in Government
- Diffusion of Innovations
- Managing Product Life Cycles
- Managing New Product Development
Research Profile
Recent Publications
Steffens, P. R., and Douglas E. J. (forthcoming). “Valuing Technology Investments: Use Real Options Thinking but Forget Real Options Valuation”, International Journal of Technoentrepreneurship.
Fitzsimmons, J.R., Steffens, P. R., and Douglas E. J. (2005). “Intrapreneurial Behaviour in Medium Sized Australian Firms”, Regional Frontiers of Entrepreneurship Research, Vol 2, Swinburne Press, Hawthorn, Victoria, Australia.
Steffens, P. R., and Douglas E. J. (2005). “Valuing New Technological Ventures: Lessons From Real Options Analysis”, Regional Frontiers of Entrepreneurship Research, Vol 2, Swinburne Press, Hawthorn, Victoria, Australia.
Davidsson, P., Steffens, P. R., and Fitzsimmons, J.R. (2005). "Growing Profitable or Growing from Profits: Putting the Horse in Front of the Cart?", Best Paper Proceedings - Academy of Management Conference, Entrepreneurship Division, Honolulu, August 2005.
Steffens, P. R., Matthews, J. and Healy, M. (2004). "Network Governance of R&D: Purchaser-Provider as Partnerships in a Public Sector Agency", Proceedings of the British Academy of Management Conference, http://www.st-andrews.ac.uk/~bam04/proceedings.shtml, Inter-organisational Relations track, St Andrews, Aug 30 - Sept 2 2004.
Steffens, P. R., and Douglas E. J. (2004). "Use Real Options but Not Real Options Analysis when Valuing New Technological Ventures", Proceedings of SEAANZ Conference, Brisbane, September 2004.
Steffens, P. R. (2003). "A Model of Multiple Ownership as a Diffusion Process", Technological Forecasting and Social Change, 70(9), 901-917.
Steffens, P. R., M. Waterhouse, A. Shulman and D. Wollin (2003), "An Audit Tool for Intellectual Property Management: IP Management in the Queensland Department of Primary Industries", in Queensland Review (special edition Queensland: The Smart State), 10 (1), pp.71-88.
Huang, X., Steffens, P.R. and Schroder, B. (2002). "Managing New Product Development in the Chinese Steel Industry: An Empirical Investigation", International Jouranl of Technology Management, 24 (5/6), 557-568.
Steffens, P.R. (2001). "A Model of Time Varying Replacement of Consumer Durables: The Australian Automative Industry", Journal of Forecasting 20, 63-77.
Recent Conference Presentations
Kaya, M., Steffens, P. R. And Albers, S. (2007). “ Long Term Sales Forecasts of Innovations – An Empirical Study of the Consumer Electronic Market”, AGSE Entrepreneurship Research Exchange, Brisbane, February 2007.
Thomond, P., Lettice, F. and Steffens, P. R. (2007). “Eyes Wide Shut: Technology Entrepreneurship, Inertia and the Impact of Organizational Field Transparency”, AGSE Entrepreneurship Research Exchange, Brisbane, February 2007.
Fitzsimmons, J.R., Douglas E. J. Steffens, P. R. and Thomond, P. (2007). Marketing Buzz: Towards a Framework for Entrepreneurs”, AGSE Entrepreneurship Research Exchange, Brisbane, February 2007.
Steffens, P. R., Fitzsimmons, J.R., and Douglas E. J. (2006). “A Choice Modelling Approach to Predict Entrepreneurial Intentions from Attitudes and Perceived Abilities”, Babson College Entrepreneuirial Research Conference, Bloomington Indiana, June 2006.
Thomond, P., Lettice, F. and Steffens, P. R. (2006). “Exploring how small and large firms pursue disruptive innovation: the impact of inappropriate resource allocation routines”, Babson College Entrepreneuirial Research Conference, Bloomington Indiana, June 2006.
Terjesen, S., Steffens, P. R. and Davidsson, P. (2006). “New Venture Team Composition, Persistence and Performance”, ICSB Conference, Melbourne, June 2006.
Steffens, P. R., Davidsson, P., and Fitzsimmons, J.R. (2006). “The Performance Of Young Firms: Patterns Of Evolution In The Growth - Profitability Space”, Best Paper Proceedings - Academy of Management Conference, Entrepreneurship Division, Atlanta, August 2006.
Fitzsimmons, J.R., Steffens, P. R., and Douglas E. J. (2005). "Intrapreneurial Behaviour in Medium Sized Australian Firms", AGSE Entrepreneurship Exchange, Melbourne, February 2005.
Steffens, P. R., and Douglas E. J. (2005). "Valuing New Technological Ventures: Lessons From Real Options Analysis", AGSE Entrepreneurship Exchange, Melbourne, February 2005.
Steffens, P. R., Matthews, J. and Healy, M. (2004), "A Study of Network Governance: Purchaser-Provider as Partnerships in a Public Sector Agency", ISBM Business-to-Business Marketing Conference, Harvard Business School, Boston, August 2004.
"A Model of the Impact of Manufacturer-User Interactions on New Product Development" (with X. Huang), accepted for Academy of Management Conference, Technology and Innovation Management Division, Seattle, August 2003.
Grants
ARC Linkage Grant : CAUSEE $262,746; 2007
Current Research Activities
Managing Innovation in the Public Sector (Up-stream Innovation)
My most recent research interest takes a holistic view of managing and "exploiting" innovation within public-sector organisations. My most recent is a study of innovation and intellectual property management within the Queensland public sector. The project developed a model for managing innovation in a public sector context. We are currently developing a book proposal for Edward Elgar on this topic. An earlier project investigated the formation and development of a "Purchaser-Provider" structure (internal market) within and around the Queensland Department of Primary Industries. The study tracked the influence of this structural change on the management of R&D processes within the organisation.
New Product Development (Mid-stream Innovation)
A second area of research interest is the new product development process. This is a natural extension of my interest in the product life cycle. My particular area of interest is the role of business networks during the NPD process. A project in this area was completed with colleagues at Monash University (former PhD student Dr. Xueli Huang and Professor Bill Schroder) in 1996 that looked at the impact of the user-manufacturer relationship during new product development projects in the Chinese iron and steel industry. This research is continuing with a cross-national study "Global Goods and Services Development Programs: A Benchmarking Study of Success" with Prof Elko Klienschmidt and Ulrike de Brentani. An ARC Discovery Grant has been submitted in this area.
Diffusion of Innovation and the Product Life Cycle (Downstream Innovation)
The primary focus of my early career research has been the area of aggregate sales modelling, including diffusion models and models of the product life cycle. This research stream has developed from my doctoral research. I have contributed to this area with a number of new models, including models of time varying replacement, multiple purchases and the product life cycle. My recent contributions in this area focussed on the Australian automobile industry and from a consultancy project for an Agricultural chemical company.
Past and present supervision activities
Completed PhD Students
Dr Xeuli Huang, Monash University, 1995 (Principal supervisor)
Current Master of Research Students
Paul Kidd
Matthew Dodson