William Lazonick is a professor at the University of Massachusetts, Lowell, and a director of the University of Massachusetts Center for Industrial Competitiveness. Lazonick is co-founder and president of The Academic Industry Research Network (www.theAIRnet.org). His research is currently being funded by the Ford Foundation, the Institute for New Economic Thinking, and Svenska Handelsbanken Foundation.
Lazonick is the author or editor of 12 books including Competitive Advantage on the Shop Floor and Business Organization and the Myth of the Market Economy. and some 100 academic articles. His book, Sustainable Prosperity in the New Economy? Business Organization and High Tech Employment in the United States (Upjohn Institute for Employment Research 2009) received the 2010 Schumpeter Prize from the International Schumpeter Society. He is currently writing a book, The Theory of Innovative Enterprise, to be published by Oxford University Press.
Media articles based on his research on the negative impacts of stock buybacks and executive compensation on innovation and job creation have appeared in The Financial Times, The Observer, The Guardian, Business Week, Globe and Mail, USA Today, Huffington Post, Alternet, and New Deal 2.0 as well as many foreign-language newspapers.
Lazonick received his doctorate in economics from Harvard University; his master's in economics from the London School of Economics, and his bachelor's degree in commerce from the University of Toronto. He was awarded an honorary doctorate by Uppsala University.
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