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Paul Andrew Geroski (18 October 1952 – 28 August 2005) was a leading
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
. Although born in
Pleasantville, New York Pleasantville is a village in the town of Mount Pleasant, in Westchester County, New York, United States. It is located 30 miles north of Manhattan. The village population was 7,019 at the 2010 census. Pleasantville is home to the secondary camp ...
, United States, Geroski studied and spent most of his career in Britain, where he settled permanently in 1975.


Career

Following the completion of a PhD at
University of Warwick The University of Warwick ( ; abbreviated as ''Warw.'' in post-nominal letters) is a public research university on the outskirts of Coventry between the West Midlands (county), West Midlands and Warwickshire, England. The university was founded i ...
he joined the Economics Department at
University of Southampton , mottoeng = The Heights Yield to Endeavour , type = Public research university , established = 1862 – Hartley Institution1902 – Hartley University College1913 – Southampton University Coll ...
as a lecturer. He quickly established a reputation as an excellent teacher who was generous with his time. Initially, he was given the task of teaching mathematics to 1st year students, many of whom had not studied maths at A level. His 'one hour revision lecture' on differentiation for those students at the start of the course was supported by hours of help in his office. He was also well known for teaching partial differentiation with the aid of a borrowed motorcycle helmet. He taught 'Economic Problems of Industry' to second year students. This quickly (in his second year at Southampton) became the most popular optional course run by the department. His good humour, friendliness, willingness to give up his time and sharp mind all contributed to making his courses popular. Many students chose him to supervise their dissertation for the same reasons. In 1991 he became a professor of economics at the
London Business School London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degrees in management and finance, MBA and PhD). Its motto is " ...
, later becoming Dean of its
MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
programme (1995–98). The elective course ''Technology and Competition'' was amongst the courses he taught. He was a governor of the school from 1999-2001. In 1998, he became a member of the
Monopolies and Mergers Commission The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under UK competition law, competition law in the United Kingdom. It was a competiti ...
, which subsequently was superseded by the
Competition Commission The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under t ...
. He became deputy chairman in 2001 and was its chairman from May 2004 until his death. His research interests were innovation, technical change and determinants of corporate performance. Geroski's extensive case studies of R&D and innovation challenged the view that subsidies to R&D were justified by positive externalities, or "spillovers". He found that, when the parties involved were properly specified, almost all gains were captured by them.


Books

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Publications

*http://econpapers.repec.org/RAS/pge60.htm


References


Obituary in ''The Guardian''Obituary in ''The Independent''
1952 births 2005 deaths British economists Alumni of the University of Warwick Deaths from cancer in England Academics of the University of Southampton Academics of London Business School People from Pleasantville, New York {{UK-economist-stub