Dr Chander Velu
University Lecturer in Economics of Industrial Systems
Chander Velu is a University Lecturer in the Cambridge University Engineering Department. He is also the Course Director for the Manufacturing Engineering Tripos (MET) IIA. He is a Fellow at Selwyn College, Cambridge.
Prior to joining the Institute for Manufacturing, he was a member of the faculty at Cambridge Judge Business School. Prior to his academic career, Chander worked for Booz Allen & Hamilton and PricewaterhouseCoopers in London as a management consultant. He completed his MPhil and PhD from the University of Cambridge. He is a Fellow of The Institute of Chartered Accountants in England and Wales.
- Innovation with a focus on business model innovation
- Strategic decision making
- Management and development economics
- Digital fabrication
Chander has an interest in innovation with a specific focus on exploring the antecedents and consequences of business model innovation. He has been examining issues related to business model innovation and implications for strategic decision making, ownership and challenges in transforming to more collaborative innovation models. In addition, Chander has been examining the relationship between innovation and entrepreneurial spawning in service industries.
Chander has also been developing alternative means of strategic decision making in game theory with particular applications to competitive settings including business strategy and innovation.
Chander also works on issues related to management and development economics. In this stream of research, Chander applies theories developed in economics and management to issues in development. Work in this theme includes the interactions of religion, economics and management and also the role of new business models for development.
Pac, F., S. Savin and C. Velu (2018) When to Adopt an Innovation: Nash Equilibria in a Competitive Diffusion Framework, European Journal of Operations Management, forthcoming
Velu, C. (2017) A Systems Perspective on Business Model Evolution: The Case of an Agricultural Informational Service Provider in India, Long Range Planning, 50(5), 603-620.
Martinez, V., A. Neely, C. Velu, S. Leinster-Evans and D. Bisessar (2017) Exploring the journey to services, International Journal of Production Economics, 192, 66-80.
Velu, C and A. Jacob. (2016) Business Model Innovation and Owner-Managers: The Moderating Role of Competition, R&D Management, 46(3), 451-463.
Velu, C. (2016) Evolutionary or Revolutionary Business Model Innovation Through Coopetition? The Role of Dominance in Network Markets, Industrial Marketing Management, 53, 124-135.
Velu, C. (2015) Knowledge Management Capabilities of Lead Firms in Innovation Ecosystems, AMS Review, 5(3-4), 123-141.
Wang, J., S. Madnick, X. Lee, J. Alstott and C. Velu (2015) Effect of Media Usage Selection on Social Mobilization Speed: Facebook vs e-mail, PLOS ONE, 10(9): e0134811.
Velu, C. (2015) The Effects of the Degree of Business Model Innovation and Third-Party Alliance on the Survival of New Firms, Technovation, 35, 1-11.
Alstott, J., S. Madnick and C. Velu. (2014) Homophily and the Speed of Social Mobilization: The Effect of Acquired and Ascribed Traits, PLOS ONE, 9(4): e95140.
Velu, C., S. Madnick and M. Van Alstyne. (2014) Centralizing Data Management with Considerations of Uncertainty and Information-based Flexibility, Journal of Management Information Systems, 30(3), 179-212.
Iyer, S., C. Velu and A. Mumit. (2014) Communication and Marketing of Services by Religious Organizations in India, Journal of Business Research, 67(2), 59-67.
Velu, C and P. Stiles. (2013) Managing Decision-Making and Cannibalization for Parallel Business Models, Long Range Planning, 46(6), 443-458.
Velu, C and M. Khanna. (2013) Business Model Innovation in India, Journal of Indian Business Research, 5(3), 156-170.
Velu, C. (2012) Entrepreneurship and Innovation in Financial Institutions, Quantitative Finance, 12(6), 831-837 (Lead article).
Velu, C., S. Iyer and J. Gair. (2012) Dominance and Innovation: A Returns-Based Beliefs Approach, Applied Stochastic Models in Business and Industry, 28, 261-284.
Iyer, S. and C. Velu. (2006) Real Options and Demographic Decisions, Journal of Development Economics, 80, 39-58.
Velu, C. (2018) Coopetition and Business Models, in Chiambaretto, P., Czakon, W., Anne-Sophie Fernandez, A and Le Roy, F. Handbook of Coopetition Strategies in the Routledge Companion on Coopetition Strategy, forthcoming.
Velu, C. (2015) Institutions and Collaborative Innovation, in Viardot, E. and A. Brem. Adoption of Innovation – Balancing Internal and External Stakeholders in the Marketing of Innovation, Springer
Velu, C., P.A. Smart and M. Phillips. (2016). The Imperative for Business Model Innovation: A Research and Practice Perspective, White paper by University of Cambridge and University of Exeter.
Barrett, M., C. Velu, R. Kohli, O. Salge and D. Simoes-Brown. (2011) Making the Transition to Collaborative Innovation: Issues of Readiness, Trust and Governance, National Endowment for the Science, Technology and the Arts (NESTA) Business Briefing, May.
Milward, S and C. Velu (2010). Market Channels and Business Models for Rural Areas, Effective Executive, 13(6): 10-21.
Velu, C. and S. Prakash. (2010). Reuters Market Light: Business Model Innovation for Growth, Effective Executive, 13(2): 78-83.
Velu, C and L. Yu (2008). How do Indian Banks Go Global?, Effective Executive, 11(1): 64-79.