Skip to content
Merrick School of Business

Tiago Ratinho

Tiago Ratinho, Ph.D.

Assistant Professor of Innovation Management and Entrepreneurship

Department of Marketing and Entrepreneurship
Office: Business Center 503
Phone: 410.837.5864

  • Ph.D., University of Twente
  • M.S., Technical University of Lisbon
  • B.S., University of Evora

Tiago joined the Merrick School of Business at the University of Baltimore in 2013. He holds a PhD from the University of Twente having defended his thesis on the impact of business incubation in 2011. His research interests are in the fields of Entrepreneurship, Strategy, and Technology Transfer. Tiago graduated in Industrial Engineering (Évora) and holds a MSc in Engineering Policy and Management of Technology (Lisbon). His research has been published in international journals (e.g. Technovation) and international conferences (e.g. Academy of Management Meetings, Babson College Research Conference on Entrepreneurship). Check my Google Scholar page at

Intellectual Contributions


Ratinho, T. (2013). Indispensable-When leaders really matter, G. Mukunda. Harvard Business Review Press, Boston, 301 p.. Scandinavian journal of management. 29. 325–326.

Ratinho, T. (2013). Technology management: activities and tools. Technological forecasting and social change. 81. 403–404.

Book Chapters

Benneworth, P., Korotka, M., & Ratinho, T. (2015). Back to the future of high technology fantasies? Reframing the role of knowledge parks and science cities in innovation-based economic development. Routledge.

Benneworth, P., & Ratinho, T. (2014). Regional innovation culture in the social knowledge economy. Routledge. 239-256.

Ratinho, T., Harms, R., & Groen, A. (2013). Business Incubators:(How) Do They Help Their Tenants?. New Technology-Based Firms in the New Millenium. 6. 161–182.

Hitt, M., & Ratinho, T. (2011). The multifaceted effects of institutions on firm strategies and entrepreneurial actions (abstract). Edward Elgar Publishing. 82-99.

Ratinho, T. (2010). Towards a distinction between technology incubators and non-technology incubators: can they contribute to economic growth?. European Council of Small Business and Entrepreneurship..

Refereed Journal Articles

Benneworth, P., & Ratinho, T. (2014). Reframing the role of knowledge parks and science cities in knowledge based urban development. Environment and Planning C: Government and Policy. 32(5), 784-808.

Bruneel, J., Ratinho, T., Clarysse, B., & Groen, A. (2012). The Evolution of Business Incubators: comparing demand and supply of business incubation services across different incubator generations. Technovation. 32(2). 110-121.

Ratinho, T., & Henriques, E. (2010). The role of science parks and business incubators in converging countries: Evidence from Portugal. Technovation. 30(4). 278-290.


Ratinho, T., Amezcua, A., Honig, B., & Zeng, Z. USASBE, "Entrepreneurship Support: Who, When, and Why? A Review of Literature," Tampa, FL. (2015).

Ratinho, T. Business Incubation in Portugal: Research & Practice (in Portuguese), "Overview of Business Incubators' Performance in the USA," School Economics and Business, University of Coimbra, Coimbra, Portugal. (2015).

Laric, M. V., & Ratinho, T. Technology Transfer Society Conference, "Toward an Aggregate Theory for Business Incubators: Agency, Stewardship, Performance and Satisfaction," Baltimore, MD. (2014).

Amezcua, A., Ratinho, T., & Jayamohan, P. Technology Transfer Society Conference, "When do Incubated Firms Perform Better? Exploring the Effects of Strategic Groups and Agglomerated Economies," Baltimore, MD. (2014).

Ratinho, T., Amezcua, A., & Jayamohan, P. Academy of Management Annual Metting, "Incubators as Strategic Groups and Agglomerated Economies," Philadelphia, PA. (2014).

Ratinho, T., Kraaijenbrink, J., & Oude Luttikhuis, J. Babson College Research Entrepreneurship Conference, "Towards A Taxonomy Of Entrepreneurial Strategies: Evidence From Us High-Tech Venture Business Plans," London, ON. (2014).

Benneworth, P., & Ratinho, T. Regional Studies Association European Conference - Shape and be Shaped: The Future Dynamics of Regional Development”, "Regional innovation culture in an age of globalisation - towards culture 2.0?," Tampere, Finland. (2013).

Amezcua, A., Ratinho, T., & Jayamohan, P. Babson College Research Entrepreneurship Conference, "Performance differentials of agglomeration and strategic groups: a test of incubation and new venture strategy," Lyon, France. (2013).

Kraaijenbrink, J., & Ratinho, T. Academy of Management Annual Meeting 2012: The Informal Economy, "Causal and Creative Modes of Entrepreneurial Strategizing: A Content Analysis of Business Plans of Small and Micro Firms.," Boston, MA. (2012).

Ratinho, T. Babson College Research Entrepreneurship Conference, "Entrepreneurial Strategic Groups: How clustering helps nascent firms," Fort Worth, TX. (2012).

Kraaijenbrink, J., & Ratinho, T. Babson College Research Entrepreneurship Conference, "Planning the Unknown: The Simultaneity of Predictive and Non-Predictive Entrepreneurial Strategies," Fort Worth, TX. (2012).

Ratinho, T., Harms, R., & Walsh, S. IAMOT Conference, "Ranking Technology Entrepreneurship Journals," Hsinchu, Taiwan. (2012).

Kraaijenbrink, J., Ratinho, T., & Groen, A. Babson College Research Entrpreneurship Conference, "Planning effectual growth: a study of effectuation and causation in nascent firms," Syracuse, NY. (2011).

Englis, P., Englis, B., Ratinho, T., & Groen, A. ICSB Conference, "An Ear to the Ground: The Role of the Voice-of-the-Consumer in Firm Survival for Startups," Stockholm, Sweden. (2011).

Ratinho, T. The Science and the City: Comparative perspectives on science and technology parks, urban agglomeration and spatial planning, "Back to the future of high technology fantasies?: Reframing the role of knowledge parks," STEPI International Symposium, Seoul, Korea. (2011).

Ratinho, T. Babson College Research Entrepreneurship Conference, "Are they really helping? An assessment of evloving business incubators' value proposition," Lausanne, Switzerland. (2010).

Ratinho, T. Babson College Research Entrepreneurship Conference, "Extensiveness of business planning and firm survival: an examination into the drivers of success and survival for knowledge intensive start-up firms," Lausanne, Switzerland. (2010).

Ratinho, T. The 18th Annual High Techonology Small Firms Conference, HTSF, "Co-Solving Entrepreneurial Problems within Business Incubators: summary," Enschde, the Netherlands. (2010).

Ratinho, T., Harms, R., & Groen, A. The Academy of Management Annual Meeting, "Are Business Incubators Helping? The role of BIs in facilitating tenants' development," Montreal, Canada. (2010).

Ratinho, T. The Rent XXIV "The Entrepreneurial Process in a Changing Economy", "Effectuation, causation, and firm growth: a study of written business plans of micro and small firms," Maastricht, the Netherlands. (2010).

Ratinho, T. The 18th Annual High Technology Small Firms Conference, HTSF, "Business Incubators: Creation of a Fit in Armenia," Enschede, the Netherlands. (2010).

Ratinho, T. The 7th International AGSE Entrepreneurship Research Exchange, "Incubation centers: comparing their support portfolio and the assessment of tenant companies," University of the Sunshine Coast, Queensland, Australia. (2010).

Media Contributions

University of Baltimore - Merrick Exchange.: Global Field Study to Greece: Professional & Personal Reflections (course work) published in the website. (2015).

The Daily Record: Quoted in the piece "Community activists: Federal Hill’s Betamore looks beyond incubation to building relationships" (2015).

University of Baltimore website: Q&A about Effectuation linked to my involvement in organizing the 3rd Effectuation Conference. (2015).

Research in Progress

"Academics motivations for U-I interactions"
Based on a database of social science researchers, we explore their motivations for outside academia interactions.

"Business Incubation Theory"
We use Agency-Theory to craft research propositions and advance a general theory for Business Incubators.

"Entrepreneurial Strategic Groups and Agglomeration Economies"
Understanding the effects of the strategic choice of being incubated combined with the environmental conditions.

"Entrepreneurial Strategies"
Exploring Entrepreneurial Strategy taxonomies using the Business Plan Archive - database of 500 business plans presented to VCs between 1999-2007

"Entrepreneurship Support Review" (On-Going)
Review on literature about Entrepreneurship Support mechanisms.