Dr Maksim Belitski

Associate Professor in Entrepreneurship and Innovation

Dr Maksim Belitski

Dr Maksim Belitski

Associate Editor of Electronic Commerce Research and Applications Journal
Associate Editor of Small Business Economic Journal
Research Fellow: Institute for Development Strategies, Indiana University Bloomington
Co-founder of the Digital Leadership Forum at Henley
Fellow of HEA
Leadership, Organisations and Behaviour
By Area: Innovation, Entrepreneurship and Creativity; Spillovers, Applied microeconomics; Urban economics and development, Entrepreneurial ecosystems; Financing Entrepreneurship; Innovation; Market entry and the leadership needs of top decision-makers and professional leaders at SMEs
By Geography: The UK, Europe, transition economics
Edith Morley building room 264, Whiteknights campus
0118 378 6231


Maksim Belitski joined the Henley Centre for Entrepreneurship (HCfE) in January 2014 as a Lecturer. Prior to joining Henley, Maksim was a Research Fellow at the Institute for Development Strategies, Indiana University Bloomington (US) and a Contract Professor of Econometrics at the University of Bolzano (Italy). Previously he has held appointments at Loughborough University, University College London (UK), University of Leicester, University of Economics Bratislava, Belarusian State University. During over eight years on the faculty he has taught courses on Entrepreneurship, managerial economics, research methods, quantitative methods for business and finance, econometrics at both undergrad and graduate levels. He holds a PhD in Applied Economics from the University of Leicester, UK, and another PhD in Economics from the University of Milan, Italy. He is a 'Trusted' researcher of the Secure Data Service, UK Data Archive and Virtual Micro-data Lab, Office of National Statistics, UK.

His research interests lie in the area of Entrepreneurship, innovation and regional economics, with a particular focus on Entrepreneurship as a spillover of knowledge and creativity.

Programme Delivery

Teaching on MSc and undergraduate programmes. Module convenor for Innovation and Market Entry; Financing for Entrepreneurship; Financing for Entrepreneurship in Creative Industries; Entrepreneurship for Food Sciences.



Audretsch, D. B., and Belitski, M. (2020). The Role of RandD and Knowledge Spillovers in Innovation and Productivity. European Economic Review, 103391.

Khalil, S., and Belitski, M. (2020). Dynamic capabilities for firm performance under the information technology governance framework. European Business Review.

Audretsch, D. B., Belitski, M., Caiazza, R., and Lehmann, E. E. (2020). Knowledge management and entrepreneurship. International Entrepreneurship and Management Journal, 1-13.

Belitski, M. (2019). Innovation in Schumpeterian-type Firms: Knowledge Collaboration or Knowledge Spillover? Foundations and Trends® in Entrepreneurship: Vol. 15, No. 4-5, pp 367–389. DOI: 10.1561/0300000085-2.

Belitski, M., and Desai, S. (2019). Female ownership, firm age and firm growth: a study of South Asian firms. Asia Pacific Journal of Management, 1-31.

Belitski, M. Caiazza R., Lehmann, E. (2019). Knowledge Frontiers and Boundaries in Entrepreneurship Research. Small Business Economics doi 10.1007/s11187-019-00187-0

Belitski, M., Caiazza, R., and Rodionova, Y. (2019). Investment in training and skills for innovation in entrepreneurial start-ups and incumbents: evidence from the United Kingdom. International Entrepreneurship and Management Journal, 1-24.

Audretsch, D., Belitski, M., Korosteleva, J (2019) Cultural Diversity and Technology in Explaining Entrepreneurial Dynamics in Cities. Small Business Economics, Special issue on Knowledge Frontiers and Knowledge Boundaries in press

Chowdhury, F., Audretsch, D. B., and Belitski, M. (2019). Institutions and Entrepreneurship Quality. Entrepreneurship Theory and Practice, 43(1), 51-81.

Audretsch, D., Belitski, M. (2019) The Limits to Collaboration Across Four of the Most Innovative UK Industries, British Journal of Management doi. 10.1111/1467-8551.12353

Kalyuzhnova, Y., and Belitski, M. (2019). The impact of corruption and local content policy in on firm performance: Evidence from Kazakhstan. Resources Policy, 61, 67-76.

Caiazza, R., Belitski, M., and Audretsch, D. B. (2019). From latent to emergent entrepreneurship: the knowledge spillover construction circle. The Journal of Technology Transfer, 1-11.

Belitski, M., and Liversage, B. (2019). E-Leadership in Small and Medium-Sized Enterprises in the Developing World. Technology Innovation Management Review, 9(1): 64–74. http://doi.org/10.22215/timreview/1212

Belitski, M., Aginskaja, A., Marozau R (2018). Commercializing University Research in Transition Economies: Technology Transfer Offices or Direct Industrial Funding? Research Policy. Doi. 10.1016/j.respol.2018.10.011

Audretsch, D. B., Belitski, M., and Desai, S. (2018). National Business Regulations and City Entrepreneurship in Europe: A Multilevel Nested Analysis. Entrepreneurship Theory and Practice, dio 1042258718774916.

Belitski, M., Kalyuzhnova, Y., Azhgaliyeva, D. (2018). The role of alliances in leveraging national local content policies for firm competitiveness. International Journal of Strategic Business Alliance.

Belitski, M. and Herzig, M. (2017). The Jam session model for group creativity and innovative technology, Journal of Technology Transfer. Doi: 10.1007/s10961-017-9574-z

Belitski, M. and Heron, K (2017) Expanding Entrepreneurship Education Ecosystems, Journal of Management Development, doi 10.1108/JMD-06-2016-0121

Audretsch, D. and Belitski, M. (2017) Entrepreneurial Ecosystems in Cities - Establishing the Framework Conditions. Journal of Technology Transfer, special issue on “National Systems of Innovation” doi: 10.1007/s10961-016-9473-8

Belitski, M., Chowdhury, F. Desai, S. (2016) Taxes, corruption, and entry. Small Business Economics. doi: 10.1007/s11187-016-9724-y

Korosteleva, J., Belitski, M. (2017). Entrepreneurial Dynamics and Higher Education Institutions in the Post-Communist World. Regional Studies, 51(3): 439-453

Li,W., Liu, K., Belitski, M., Ghobadian, A., O’Regan, N. (2016) e-Leadership through strategic alignment: an empirical study of small and medium sized enterprises in the digital age, Journal of Information Systems.

Belitski, M. and Desai, S. (2015) Creativity, entrepreneurship and economic development: city-level evidence on creativity spillover of entrepreneurship, Journal of Technology Transfer, special issue on ‘Technology Transfer and Entrepreneurship: Cross-National Analysis’. Doi: 10.1007/s10961-015-9446-3

Chowdhury, F. Audretsch, B. and Belitski, M. (2015). Does corruption matter for international entrepreneurship? International Entrepreneurship and Management Journal. doi: 1007/s11365-015-0372-5

Belitski, M. and Desai, S. (2015) What Drives ICT Clustering in European Cities? Journal of Technology Transfer, doi: 10.1007/s10961-015-9422-y

Audretsch, D., Belitski, M. and Desai, S. (2015) Entrepreneurship and Economic Development in Cities. Annals of Regional Sciences, Special Issue The Geography of Innovation" doi: 10.1007/s00168-015-0685-x

Audretsch, D. and Belitski, M. (2013). The Missing pillar: Creativity theory of Knowledge spillover Entrepreneurship. Small Business Economics. 41. pp. 819-836. doi 10.1007/s11187-013-9508-6

Belitski, M. and Peliova, J. (2011). Output Sustainability to Exogenous and Endogenous Shocks: Evidence from Emerging Economies. International Journal of Sustainable Economy, 3(3). pp. 255-280. doi: 10.1504/IJSE.2011.041105

Belitski, M. (2008). International Trade and Growth: Meta-analysis of Research 1970s-2000. Journal of International Law and International Relations, 3. pp. 88-93. ISSN 2072-0521

Belitski, M. (2006). Cross-border Labour Markets: Methodology, Features of Formation and Problems of Development. Journal on International Law and International Relations, 3. pp. 91-94. ISSN 2072-0521


Belitski, M., and Aginskaya, H. (2018). Defining Academic Spinoffs and Entrepreneurial University. In Technology Entrepreneurship (pp. 211-223). Springer, Cham. doi 10.1007/978-3-319-73509-2_11.

Belitski, M (2016) Why firms eco-innovate? In Y. Kalyuzhnova and R. Pomfret (Eds). Moving to Cleaner Energy in Resource Rich country: the case of Kazakhstan, Ch 14.

Weizi Li, Kecheng Liu, Yinshan Tang, and Maksim Belitski (2016). E-leadership for SMEs in the Digital Age. (pp 375-416) The Palgrave Handbook of Managing Continuous Business Transformation (Eds) Horst Ellermann, Peter Kreutter, Ulrich Meister, and Wolfgang Messner. ISBN: 978-1-137-60227-5.

Audretsch, D.B., and Belitski, M. (2015). "Creativity Filter and Start-Ups to Resolve the Innovation Paradox." in Charlie Karlsson, Urban Gråsjö and Sofia Wixe (eds), Information and Knowledge Management in Complex Systems (New York: Springer, pp. 195-203) ISSN 1868-4238 doi 10.1007/978-3-319-16274-4.

Audretsch, D.B., and Belitski, M. (2015). Creativity Filter and Start-ups to Resolve the Innovation Paradox, In Kecheng Liu et. al. Information and Knowledge management in Complex Systems. Springer, London, ISSN 1868-4238 doi 10.1007/978-3-319-16274-4.

Audretsch, D.B., and Belitski, M. (2015). Creativity Spillover of Entrepreneurship Theory: Evidence from European Cities. In: Innovation and Entrepreneurship in the Global Economy: Knowledge, Technology and Internationalization, Edward Elgar, London.

Audretsch, D. and Belitski, M. (2013). Creativity Spillover of Entrepreneurship Theory: Evidence from European Cities. In: Bernhard, I. (eds) Innovation, High-Growth Entrepreneurship and Regional Development, University West, pp.145-157. ISBN: 978-91-977943-7-4.

Delgado, B., Belitski, M. and Delgado, L. (2013). The Role of Individual’s social networks density on their transfer of trust behaviours and expectations: A social capital approach. In: Gefen, D. (eds) Psychology of Trust: New Research, Nova Science Publishers, New York, pp.305-324. ISBN: 978-1-62808-552-5.

Belitski, M. (2010). Foreign direct investment in innovation: policy coordination in regional unions. In: Rudenkov, V. (eds.). International business vectors. Institute of Economics, Law & Economics. pp.308-318.

Belitski, M. (2006). Cross-border trade of the Republic of Belarus, Belarusian Academy of Sciences, Minsk. pp. 156. ISBN: 978-98-544219-7-1.


The research develops the theoretical framework of a complementarity perspective of entrepreneurship ecosystem taxonomy to understanding how entrepreneurship ecosystem of different types can successfully develop and contribute to regional development.

The project reveals how emerging market entrepreneurship ecosystems which lack several elements may still be successful in supporting entrepreneurship using the example of regional cities in the UK and overseas.

International outreach aims to create an entrepreneurship platform in Ukraine to develop new programmes and support the development of new entrepreneurial skills. A continuous engagement of students, graduates and young entrepreneurs across the variety of entrepreneurship courses and extra-curriculum activities with external stakeholders on science, arts, and knowledge commercialisation will be delivered in Ukraine over 2018-2019.

Belitski, M (2015). Interview to BusinessBecause seb Murray – Business Schools Help Form UK Start-Up Hubs Beyond London available at:


Belitski, M (2014). In Husing, Y, Fonstad, N et. al. e-Leadership Skills for Small and Medium Sized Enterprises (LEAD). Synthesis Report. Service contract for the European Commission, DG Enterprise and Industry – Unit ENTR-E4 - Key Enabling Technologies and Digital Economy. Tender No. 288/PP/ENT/CIP/13/C/N01C012

Chowdhury, F., Belitski, M. & Desai, S. (2014) Taxes, Corruption and Entrepreneurship, Ideas@Beedie and The Globe and Mail press-relewase.


Audretsch, D., Belitski, M. & Desai, S. (2014) Multidimensional Business Environment and Entrepreneurship in European Cities. Highlights from the Doing Business research conference. World Business doing business report 2014.

Link: http://www.doingbusiness.org/special-features/conference/~/media/GIAWB/Doing%20Business/Documents/Miscellaneous/Conference2014/S7-2.pdf


October 2018-July 2019. Ukraine Creative Spark. Sponsor UK Central Government, British Council Creative Spark Partnership Fund No EV16041W jointly with Kyiv National Economic University, Ukraine and Max Plank University of Jena, Germany. £47,470.

September 2018-September 2019. From Greater Reading to Greater Istanbul. The Newton Mobility Grants 2018-19 with Pinar Buyukbaci, Yildiz Technical University, Turkey. The British Academy award NMGR1180259 for University of Reading. £10,000.

2017-2018: Knowledge frontiers and boundaries for the New UK. Principal Investigator. British Academy “Tackling the UK's International Challenges” £31,606.00 with Indiana University (USA) and University of Parthenope (Italy).

2016-2017: Entrepreneurship ecosystem leadership. Principal Investigator and co-organisor. British Council, Researcher Links Workshop Grant No 261530715 (£29,050) with Atilim University and Technopark Ankara, Turkey.

2016 Leadership 4.0: Building e-competences for business success. Grant to host ESRC Festival of Social Science 2016 event (ref: 8493917).

2014-2015: E-Leadership strategies for SMEs: driving innovation and competitive edge in digital integration, EU Project, Lead Interviewer.

2013–2014: External and Internal Benefits from Investments in Skills & Training FOR Innovative Activities (Ref. BIS/RBU/002/2012). Principal Investigator. Sponsors: Department of Business, Innovation and Skills, UK Government, (Award value: £63,577)