Sharon Belenzon is an associate professor of strategy at the Duke University, Fuqua School of Business. He studies how market frictions affect firms’ structure, innovation and competitive advantage. Specifically, he studies the extent to which market frictions can explain why so many firms outside the United States coalesce into corporate groups and how these groups function. In another research stream, Sharon Belenzon studies how market frictions affect the organizational choices of small firms and links those choices to financial performance. Market frictions due to asymmetric information about products and services provided by new firms are likely to affect their financial performance. His research has been featured in top academic journals, such as Management Science, Strategic Management Journal, Review of Economics and Statistics, Economic Journal, and Journal of Law and Economics. Professor Sharon Belenzon received his PhD from the London School of Economics, and completed post doctorate work at the University of Oxford, Nuffield College. He has also been the recipient of the Kauffman foundation post doctorate fellowship at the National Bureau of Economic Research.