William  Hesterly
  • Associate Dean, Faculty & Research, Dean's Office
  • Zeke & Katherine Dumke Chair, Department of Management
  • Associate Dean for Academic Affairs in the School of Business
  • Professor, Management Department
  • Professor, Department of Entrepreneurship and Strategy

Research Statement

Individual versus organizational sources of value creation and innovation. Problem solving approaches to strategic formulation.


  • HESTERLY, W., & Jay B. Barney. (2010) Strategic Management and Competitive Advantage (3rd edition). Pearson Prentice-Hall. Published, 01/01/2010.
  • Hesterly, W.(2008). Institutional Settings and Rent Appropriation by Knowledge-Based Employees: The Case of Major League Baseball. Managerial and Decision Economics. Discipline based - refereed, Published, 2008.
  • Hesterly, W., & Jay B. Barney. (2007). Organizational Economics. Handbook of Organizational Studies (2nd ed.). Discipline based - other, Published, 2007.
  • Hesterly, W., & Teppo Felin. (2007). The knowledge-based view, heterogeneity, and new value creation: Philosophical considerations on the locus of knowledge. Academy of Management Review. 32, 195-218. Discipline based - refereed, Published, 01/2007.
  • Hesterly, W., & Jay B. Barney. (2006). Strategic Management and Competitive Advantage. (pp. 584). Prentice-Hall. Teaching - other, Published, 2006.
  • Hesterly, W., & Chacar, Aya S. (2004). Innovations and Value Creation in Major League Baseball, 1860-2000. Business History. Discipline based - refereed, Published, 2004.
  • Hesterly, W., & Hite, Julie M. (2001). The Evolution of Firm Networks: From Evolution to Early Growth of the Firm. Strategic Management Journal. 22, 275-286. Discipline based - refereed, Published, 2001.
  • Hesterly, W., & Chacar, Aya S. (2000). How Knowledge-Based Employees Recognize and Pursue Rent Appropriation Opportunities: A Theory Development Based on the History of Major League Baseball. Academy of Managemet Best Papers. Discipline based - refereed, Published, 2000.
  • Hesterly, W., & Coles, Jerilyn. (2000). Leadership Structure and Board Composition: Trading Information for Independence. Journal of Management. Discipline based - refereed, Published, 2000.