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David T. Robinson

James and Gail Vander Weide Distinguished Professor
Fuqua School of Business
Box 90120, 100 Fuqua Drive, Durham, NC 27708-0120
W403 Academic Center, Fuqua School of Business, Durham, NC 27708

Overview


David T. Robinson is the James and Gail Vander Weide Distinguished Professor at Duke University’s Fuqua School of Business, and is the Research Director of Duke's Innovation and Entrepreneurship Initiative. He is a Research Associate at the National Bureau of Economic Research, with affiliations in the Corporate Finance and Productivity, Innovation and Entrepreneurship Program Areas. At the NBER he is the co-director of the Entrepreneurship Working Group and the Academic Director of the Entrepreneurship Research Boot Camp, a Kauffman Foundation sponsored education project that brings PhD students from across the country to the NBER every summer to learn the latest research from the world's top scholars in entrepreneurship and innovation.  He is an internationally recognized expert in the fields of private equity, venture capital and entrepreneurial finance. His work has appeared in leading academic journals in finance and economics and has been featured in the New York Times, The Wall Street Journal, The Financial Times, Newsweek, and The Economist.

Professor Robinson earned a PhD and an MBA at the University of Chicago, a Master of Science at the London School of Economics, and a Bachelor of Arts at the University of North Carolina at Chapel Hill. He holds an Honorary Doctorate from the Stockholm School of Economics.  Prior to joining Duke University he was an Assistant Professor of Finance and Economics at Columbia University.

Current Appointments & Affiliations


James and Gail Vander Weide Distinguished Professor · 2019 - Present Fuqua School of Business
Professor of Business Administration · 2009 - Present Fuqua School of Business
Core Faculty in Innovation & Entrepreneurship · 2018 - Present Duke Innovation & Entrepreneurship, University Initiatives & Academic Support Units

In the News


Published January 26, 2024
What Drives Racial Gaps in Entrepreneurship
Published November 1, 2023
Easy Lending Comes With Environmental Impact
Published September 1, 2021
Pandemic Unemployment Benefits End Sept. 6. It's Not Simple as to What This Will Do to the Labor Market

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Recent Publications


A Theory of Liquidity in Private Equity

Journal Article Management Science · October 1, 2023 We develop a model of private equity capturing two fundamental features of this market: the fund structure and illiquidity. A fund structure with sequential capital calls arises as an optimal solution to fund managers' (GPs) moral hazard problem but expose ... Full text Cite

Competition and Innovation in Markets for Technology

Journal Article Management Science · August 1, 2023 We examine the impact of product market competition on innovation in markets for technology. An innovator makes an investment in quality-improving innovation that can be licensed to one (targeted licensing) or all (market-wide licensing) product market com ... Full text Cite

Financial Literacy in the Age of Green Investment

Journal Article Review of Finance · November 1, 2022 We survey a large sample of Swedish households and connect the responses to administrative data to relate pro-environmental attitudes and values to actual investment decisions. Pro-environment households are not more likely to hold pro-environment portfoli ... Full text Cite
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Recent Grants


The Social Entrepreneurshjp Accelerator: An Ecosystem Approach to Funding & Scaling the Impact of Innovations in Healthcare Delivery and Prevention

Inst. Training Prgm or CMECo Investigator · Awarded by US Agency for International Development · 2012 - 2022

Collaborative Research: See and ye shall be: The impact of ABC's Shark Tank on Entrepreneurship and Innovation

ResearchPrincipal Investigator · Awarded by National Science Foundation · 2017 - 2022

Conference Kauffman Firm Survey

ConferencePrincipal Investigator · Awarded by Ewing Marion Kauffman Foundation · 2015 - 2018

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Education, Training & Certifications


The University of Chicago · 2001 M.B.A.
The University of Chicago · 2001 Ph.D.
London School of Economics (United Kingdom) · 1993 M.S.
University of North Carolina, Chapel Hill · 1992 B.A.