Matthew Wood

Associate Professor - Entrepreneurship

Contact Information

Mailing Address:  One Bear Place #98011
Waco, TX  76798-8011
Office Location:  Foster Business and Innovation 210.36

Educational Background

  • PHD - Business Administration, Southern Illinois U Carbondale
  • PHD - Business Administration, Southern Illinois U Carbondale
  • MBA - Basic Business, Bradley University
  • MBA - Basic Business, Bradley University
  • BS - Physical Science, Eureka College
  • BS - Physical Science, Eureka College

Work Experience

  • Director, Entrepreneurship Doctoral Program, Baylor University (August 1, 2019 - Present)
  • Chairman, Department of Entrepreneurship, Baylor University (August 1, 2017 - August 1, 2019)
  • Ben Williams Professor, Baylor University (July 1, 2017 - Present)
  • Associate Professor, Baylor University (August 1, 2016 - Present)
  • Founding Director Entrepreneurship Doctoral Program, Baylor Univeristy (January 1, 2015 - August 1, 2017)
  • Assistant Professor, Baylor University (August 1, 2012 - July 30, 2016)
  • Assistant Professor, University of North Carolina Wilmington (August 1, 2009 - June 1, 2012)
  • President, Wood Printing Service, Inc. (May 15, 1992 - January 15, 2006)

Awards and Honors

  • Outstanding Author Contribution Award, Emerald Literati Network Awards for Excellence (August 2019)
  • Best Conceptual Paper Award, Academy of Management ENT Division (August 2018)
  • Brent Clum Outstanding Research Award, Hankamer School of Business, Baylor University (April 2017)
  • Emerging Saluki Leader Award, Southern Illinois University, Carbondale, College of Business. (October 2015)
  • Best Reviewer Award 2014, Journal of Management Studies (August 2015)
  • Young Researcher Award, Hankamer School of Business (April 2014)
  • Outstanding Author Contribution Award, Emerald Literati Network Awards for Excellence (July 2013)

Professional Memberships

  • USASBE (2016 - Present)
  • Baylor Angel Network (September 1, 2012 - June 1, 2017)
  • Academy of Management


Matthew S. Wood is an associate professor and holds the Ben Williams Professorship in Entrepreneurship at the Hankamer School of Business, Baylor University. A former entrepreneur in the commercial printing industry, he received his Ph.D. from Southern Illinois University at Carbondale. His research examines cognition and decision-making related to entrepreneurial action and entrepreneurial opportunity. He is Associate Editor of the Journal of Business Venturing.


Basic or Discovery Scholarship

"Advancing the field of entrepreneurship: The primacy of unequivocal “A” level entrepreneurship journals," Journal of Business Venturing, (March 2020).

"Back to the Future: A Time-Calibrated Theory of Entrepreneurial Action," Academy of Management Review, (September 2019) (coauthors: Rene Bakker, Greg Fisher).

"Measuring opportunity evaluation: Conceptual synthesis and scale development," Journal of Business Venturing, (April 2019) (coauthors: David J. Scheaf, Andrew Loignon, Justin W. Webb, Eric H. Heggestad).

"Applying Experimental Methods to Advance Entrepreneurship Research: On the need for and Publication of Experiments.," Journal of Business Venturing, (January 2019) (coauthors: David Williams, Rob Mitchell, Diemo Urbig).

"Entrepreneurship and subjective well-being: The mediating role of psychological functioning," Entrepreneurship Theory and Practice, (January 2019) (coauthors: Boris Nikolaev, Chris Bourdeaux).

"Cascading Ripples: Contagion Effects of Entrepreneurial Activity on Self-Employment Attitudes and Choices in Regional Cohorts.," Strategic Entrepreneurship Journal, Vol. 12, No. 4, (December 2018), pp. 455-481 (coauthors: Boris Nikolaev).

"The Attitudes, Behaviors, and Cognition of Entrepreneurs: Rebels with a Cause," International Journal of Entrepreneurial Behavior and Research, Vol. 24, No. 5, (October 2018), pp. 938-946 (coauthors: Andrew Corbett, Rob Mitchell, Lois Shelton).

"Espoused Religious Values in Organizations and Their Associations with Applicant Intentions to Pursue a Job," Journal of Business and Psychology, (September 2018) (coauthors: Mitchell J. Neubert).

"Continued Misgivings: A Response to Davidsson on Dismantling the Opportunity Construct.," Journal of Business Venturing Insights, Vol. 7, (August 2018), pp. 77-81.

"The Entrepreneurial Opportunity Construct: Dislodge Or Leverage?," Academy of Management Perspectives, (April 2018) (coauthors: William McKinley).

"The Cognitive Dynamics of Multi-Signal Selection and Processing," Journal of Management Studies, Vol. 55, No. 2, (March 2018), pp. 209-231 (coauthors: Will Drover, Andrew Corbett).

"Social Purpose Increases Direct-to-Borrower Microfinance Investments By Reducing Physiologic Arousal," Journal of Neuroscience, Psychology, and Economics, Vol. 11, No. 2, (2018), pp. 116-126 (coauthors: Adriana Kraig, Cosette Cornelis, Elizabeth T Terris, Mitchell J. Neubert, Jorge A Barraza, Paul Zak).

"Misgivings About Dismantling the Opportunity Construct," Journal of Business Venturing Insights, Vol. 7, (March 2017), pp. 21-25.

"After The Venture: The Reproduction and Destruction of Entrepreneurial Opportunity," Strategic Entrepreneurship Journal, Vol. 11, No. 1, (March 2017), pp. 18-35 (coauthors: William McKinley).

"Past as Prologue: Entrepreneurial Inaction Decisions and Subsequent Action Judgments.," Journal of Business Venturing, Vol. 32, No. 2, (February 2017), pp. 107-127 (coauthors: David Williams, Will Drover).

"Attributes of Angel and Crowdfunded Investments as Determinants of VC Screening Decisions.," Entrepreneurship Theory and Practice, Vol. 41, No. 3, (January 2017), pp. 323-347 (coauthors: Will Drover, Andrew Zacharakis).

"Navigating a Sea of Change: Identity Misalignment and Adaptation in Academic Entrepreneurship," Entrepreneurship Theory and Practice, Vol. 40, No. 5, (August 2016), pp. 1093-1120 (coauthors: William Meek).

"An Embedded Agency Approach to Entrepreneurship Public Policy: Managerial Position and Politics in New Venture Location Decisions.," Academy of Management Perspectives, Vol. 30, No. 3, (August 2016), pp. 222-246 (coauthors: Jeffery McMullen, Alex Kier).

"The Influence of Tax and Regulatory Policies on Entrepreneurs’ Evaluations of Opportunities.," Management Decision, Vol. 54, No. 5, (June 2016), pp. 1160-1182 (coauthors: Per Bylund, Steve Bradley).

"Rule-Based Reasoning for Understanding Opportunity Evaluation," Academy of Management Perspectives, Vol. 29, No. 2, (July 2015), pp. 218-236 (coauthors: David Williams).

"Opportunity Evaluation as Future Focused Cognition: Identifying Conceptual Themes and Empirical Trends.," International Journal of Management Reviews, Vol. 17, No. 2, (April 2015), pp. 256-277 (coauthors: Alex McKelvie).

"Entrepreneurial Cognition and Social Cognitive Neuroscience," , Cheltenham, UK/Northampton, MA: Edward Elgar Publishing, 4th Quarter 2014 (coauthors: Jeffery McMullen, Leslie E. Palich).

"Roots, Reasons, and Resources: Situated Optimism and Firm Growth In Subsistence Economies," Journal of Business Research, Vol. 68, (August 2014), pp. 127-136 (coauthors: Steve Bradley, Kendall W. Artz).

"Take the Money or Run? Investors Ethical Reputation and Entrepreneurs Willingness to Partner," Journal of Business Venturing, Vol. 29, No. 6, (July 2014), pp. 723-740 (coauthors: Will Drover, Yves Fassin).

Teaching and Learning Scholarship

"Discerning Opportunity Types: Implications for Entrepreneurial Action and Entrepreneurship Education," : Emerald Insight, June 2014 (coauthors: Chris Welter, Kendall W. Artz, Steve Bradley).

Basic or Discovery Scholarship

"Improving Governance Arrangements for Academic Entrepreneurship," : Palgrave-MacMillan, June 2013.

"Opportunity Evaluation as Rule-Based Decision Making," Journal of Management Studies, Vol. 51, No. 4, (May 2013), pp. 573-602 (coauthors: David Williams).

"Making it Personal: Opportunity Individuation and the Shaping of Opportunity Beliefs," Journal of Business Venturing, Vol. 29, No. 2, (April 2013), pp. 252-272 (coauthors: Alex McKelvie, Mike Haynie).

"Endings and Visions of New Beginnings: The Relationship Between Source of Unemployment, Duration of Unemployment, and Entrepreneurial Intent," Entrepreneurship Research Journal, Vol. 3, No. 2, (April 2013), pp. 171-206 (coauthors: William McKinley, Craig Engstrom).

"The Effects of Perceived Control on Venture Capitalists Investment Decisions: A Configurational Perspective," Entrepreneurship Theory and Practice, Vol. 38, No. 4, (March 2013), pp. 833-861 (coauthors: Will Drover, Tyge Payne).

"The Road to Riches? An Integrated Model of Cognitive Processes Underpinning Entrepreneurial Action," : Emerald, September 2012, pp. 205-250 (coauthors: Andrew Corbett, Jerome Katz, David Williams, Denis Grégoire).

"Learning from Levi Strauss’ Legacy: Art, Craft, Engineering, Bricolage, and Brokerage in Entrepreneurship," Entrepreneurship Theory and Practice, (June 2012) (coauthors: Bryan Stinchfield, Reed Nelson). DOI: 10.1111/j.1540-6520.2012.00523.x

"Nowhere to Run and Nowhere to Hide: The Relationship Between Entrepreneurial Success and Feelings of Entrapment," Entrepreneurship Research Journal, Vol. 1, No. 4, (November 2011), pp. 1-41 (coauthors: Jonathan Rowe).

"A Triptych Inquiry: Rethinking Sustainability, Innovation, and Financial Performance," : Palgrave-MacMillan, November 2011 (coauthors: Timo Busch, Bryan Stinchfield).

"The Impact of Failure Severity, Prior Failure, and Company Control on Service Recovery Outcomes," Journal of Leadership & Organizational Studies, Vol. 18, No. 3, (July 2011), pp. 365-376 (coauthors: Teresa Betts, Suresh Tadisina).

"Low Heed in Organization Theory," M@n@gement, Vol. 14, No. 3, (May 2011), pp. 153-181 (coauthors: William McKinley, Gyewan Moon).

"A Process Model of Academic Entrepreneurship," Business Horizons, Vol. 54, No. 2, (March 2011), pp. 153-161.

"Entrepreneurial Drive in the Top Management Team: Effects on Strategic Choice and Firm Performance," Journal of Leadership & Organizational Studies, Vol. 17, No. 3, (July 2010), pp. 222-239 (coauthors: Michael Michalisin).

"The Production of Entrepreneurial Opportunity: A Constructivist Perspective," Strategic Entrepreneurship Journal, No. 4, (June 2010), pp. 66-84 (coauthors: William McKinley).

"Preserving Employee Dignity During the Termination Interview: An Empirical Examination," Journal of Business Ethics, Vol. 86, (September 2009), pp. 519-534 (coauthors: Steven Karau).

"Does One Size Fit All? The Multiple Organizational Forms Leading to Successful Academic Entrepreneurship," Entrepreneurship Theory and Practice, Vol. 33, No. 4, (July 2009), pp. 929-947.

"Taken on Faith? The Impact of Uncertainty, Knowledge Relatedness, and Richness of Information on Entrepreneurial Opportunity Exploitation," Journal of Leadership Education, Vol. 16, No. 2, (July 2009), pp. 117-130 (coauthors: John M Pearson).

Presentations and Proceedings

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