University of Bath School of Management University of Bath School of Management

Dr Panos Desyllas

Dr Panos Desyllas

telephone +44 (0) 1225 384949
email Dr Panos Desyllas

Leading Refereed Journal Papers
Other Outputs

BSc (UCL), MPhil, PhD (Cambridge)

Job Title:

Director of Studies, PhD Programme.


Strategy & Organisation

Key Research Interests:

High technology Mergers and Acquisitions (M&As) and innovation performance; Capturing value from service and business model innovation; Vertical boundary decisions.

Research Interests

I am a Senior Lecturer in Strategy at the University of Bath School of Management. Previously I have held posts at Cambridge University’s Centre for Business Research as a Research Associate, Oxford University’s Said Business School as an Advanced Institute of Management (AIM) Post-doctoral Fellow and the Manchester Business School as a Lecturer.

I am Principal Investigator on an ESRC grant on "Using intellectual property protection to capture value from innovation in knowledge-intensive service firms” (ES/I036559/1; £210,566).

My research focuses on understanding how technology companies employ various modes of corporate development – such as Mergers and Acquisitions – to access new knowledge and enhance their innovation and economic performance.  Another stream of my research explores the ways in which knowledge-intensive service firms can profit from innovation.  This work focuses on the role of formal (e.g. patents, trademarks, copyrights) and strategic (e.g. secrecy and complementary assets) methods of IP protection as a means of capturing economic returns from service and business model innovation. 

PhD Supervision

I welcome enquiries from potential PhD students in the areas of competitive and corporate strategy with particular interests in IP Management for capturing value from innovation; and the use of M&As, strategic alliances and corporate venturing as a means of accessing knowledge and enhancing performance.


Leading Refereed Journal Papers

Pitelis, C., Desyllas, P & Panagopoulos, A. 2017. Profiting from innovation through cross-border market co-creation and co-operation: the case of global pharmaceuticals. European Management Review.

Miozzo, M., Desyllas, P., Lee, H. F. & Miles, I. 2016. Innovation collaboration and appropriability by knowledge-intensive business services firms. Research Policy, 45 (7): 1137-1351. DOI: 10.1016/j.respol.2016.03.018

Miozzo, M., Divito, L., Desyllas, P. 2016. When do Acquirers Invest in the R&D Assets of Acquired Science-based Firms in Cross-border Acquisitions? The Role of Technology and Capabilities Similarity and Complementarity. Long Range Planning, 49 (2): 221-240. DOI: 10.1016/j.lrp.2015.07.002

Desyllas, P., & Sako, M. 2013. Profiting from business model innovation: Evidence from Pay-As-You-Drive auto insurance. Research Policy, 42: 101–116, DOI: 10.1016/j.respol.2012.05.008.

Desyllas, P., & Hughes, A. 2010. Do high technology acquirers become more innovative? Research Policy, 39: 1105-1121, DOI: 10.1016/j.respol.2010.05.005.

Desyllas, P., & Hughes, A. 2009. The revealed preferences of high technology acquirers: An analysis of the characteristics of their targets. Cambridge Journal of Economics, 33: 1089-1111, DOI: 10.1093/cje/bep004.

► older publications

Desyllas, P.  2008 Improving performance through vertical disintegration: evidence from UK manufacturing firms. Managerial and Decision Economics, 30(5): 307-324, DOI: 10.1002/mde.1452.

Other Outputs

Desyllas, P., Hughes, A. 2008. Sourcing Technological Knowledge through Corporate Acquisition: Evidence from an International Sample of High Technology Firms. Journal of High Technology Management Research, 18: 157–172.