Julie Ann Elston is a Professor of Finance in the College of Business at Oregon State University. She has published over 60 scholarly articles, papers and books in the fields of financial economics, entrepreneurship, and international business. She has held the Fulbright Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe at the Wirtschaftsuniversität Wien over several years, including most recently in 2021-2022.

As a regular contributor to the field of entrepreneurship, she is Editor of Small Business Economics: An Entrepreneurship Journal and was named the 2019 Editor of the Year.  She has served as a consultant to a number of national and international governmental agencies, and organizations including the: National Oceanic and Atmospheric Administration (NOAA), Organization for Economic Cooperation and Development (OECD), Deutsche Bundesbank (German Central Bank), Central Bank of the United Arab Emirates, and U.S. National Academies of Science, Board on Science, Technology, and Economic Policy.

Dr. Elston graduated from the University of Washington's Department of Economics, and has held academic positions around the world including at the Wissenschaftszentrum Berlin in Germany, the Hoover Institution Stanford University, and the California Institute of Technology. She was selected as a Policy Fellow in the Robert Bosch Foundation Scholars Program in Comparative Public Policy at Johns Hopkins University; and served as a Research Fellow at the Max Planck Institute for Economics in Jena.

At OSU
Beyond OSU
My Publications

At OSU

Research/Career Interests

Julie Ann Elston is a Professor of Finance in the College of Business at Oregon State University. She has published over 60 scholarly articles, papers and books in the fields of financial economics, entrepreneurship, and international business. She has held the Fulbright Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe at the Wirtschaftsuniversität Wien multiple times, including most recently in 2021-2022.

As a regular contributor to the field of entrepreneurship, she is Editor of Small Business Economics: An Entrepreneurship Journal and was named the 2019 Editor of the Year.  She has served as a consultant to a number of national and international governmental agencies, and organizations including the: National Oceanic and Atmospheric Administration (NOAA), Organization for Economic Cooperation and Development (OECD), Deutsche Bundesbank (German Central Bank), Central Bank of the United Arab Emirates, and U.S. National Academies of Science, Board on Science, Technology, and Economic Policy.

Dr. Elston graduated from the University of Washington's Department of Economics, and has held academic positions around the world including at the Wissenschaftszentrum Berlin in Germany, the Hoover Institution Stanford University, and the California Institute of Technology. She was selected as a Policy Fellow in the Robert Bosch Foundation Scholars Program in Comparative Public Policy at Johns Hopkins University; and served as a Research Fellow at the Max Planck Institute for Economics in Jena.

Courses Taught

Courses taught at Undergraduate, Honors Undergraduate, Masters, MBA, Executive Graduate and Doctoral levels,, including bachelor, masters and doctoral theses.

Beyond OSU

Employment

Primary Position

2016-present: Oregon State University, Professor, College of Business.

2010-2016: Oregon State University, Associate Professor, College of Business.

2005-2010: Oregon State University, Assistant Professor, College of Business.

Affiliated & Previous Positions

2019: Adjunct Professor, University of Oregon, MBA program.

2016-pres.: Adjunct Professor, Oregon State University, College of Agricultural Science.

2013-2014: Visiting Professor of Innovation and Technology Management, University of Applied Sciences –Technikum, Vienna, Austria.

1998-2005: University of Central Florida, Assistant Professor

1997-1998: University of Washington, the Northwest Center for Research on Women (NWCROW), Visiting Scholar. 

1996-1997: California Institute of Technology, Visiting Instructor.

1992-1996: Wissenschaftszentrum Berlin, Germany, Research Fellow.

Honors and Awards

University Grants and Awards

• OSU Office of Research, “Corporate Governance and Financing in the UAE,” OSU, 2016.
• OSU Office of Research, “Linking Personality Traits to Culture,” OSU, 2014.
• General Research Fund Grant, “Entrepreneurship and Innovation,” OSU, 2013.

Visiting Positions and Fellowships 

• Fulbright-Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe 2021-2022. Institut für Entrepreneurship und Innovation, Wirtschaftsuniversität (WU) Vienna, Austria.
• Fulbright-Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe 2019-2020. Institut für Entrepreneurship und Innovation, Wirtschaftsuniversität (WU) Vienna, Austria.
• Visiting Scholar, Research and Statistics Department, United Arab Emirates (UAE) Central Bank, Abu Dhabi, UAE, 2016
• Fulbright-Kathryn and Craig Hall Distinguished Chair for Entrepreneurship in Central Europe 2012-2013. Institut für Entrepreneurship und Innovation, Wirtschaftsuniversität (WU) Vienna, Austria.
• Visiting Professor of Innovation and Technology Management at the University of Applied Sciences –Technikum Vienna, Austria, 2013.
• Fulbright German Studies Seminar, Fulbright Scholar Grantee, 2008.
• Max Planck Institute for Economics, Division of Entrepreneurship, Growth, and Public Policy, Research Fellow, 2003-2008.
• National Academies of Science, Board on Science, Technology, and Economic Policy, 2002-2005.
• American Institute for Contemporary German Studies (AICGS) Johns Hopkins University - Bosch Fellow, 2001.
• Deutsche Bundesbank, Frankfurt, Research Fellow, 2001.
• California Institute of Technology, Pasadena, 1996-1997.
• University of Washington, the Northwest Center for Research on Women (NWCROW), Visiting Scholar, 1997-1998.
• Hoover Institution, Stanford University, Visiting Scholar, 1995-1996.
• Wissenschaftszentrum Berlin, Germany, Research Fellow 1992-1996.
• Institute for Fiscal Studies, London, Visiting Scholar, March 1995.

University

• General Research Fund Grant, “Entrepreneurship Dynamics and Firm Growth in China,” OSU, 2011.
• L.L. Stewart Faculty Development Fund Grant, OSU, 2011.
• Collaborative Research Grant, OSU-Cascades, 2010-2012.
• Scholarship & Creative Activity Award, OSU Cascades, 2010.
• Newcomb Associate Award for Research, College of Business, OSU, 2010.
• Excellence in Scholarship, College of Business, OSU, 2009.
• Newcomb Associate Award for Research, College of Business, OSU, 2008.
• Newcomb Associate Award for Research, College of Business, OSU, 2007.
• Carl L. Galloway Faculty Performance Award for Graduate Research, UCF, 2002.
• College of Business Administration, Summer  Research Grant , UCF, 1999.

Service

• Editor, Small Business Economics: An Entrepreneurship Journal
• Reviewer for US Fulbright Scholar & Student Programs, Fulbright Austrian-American
  Educational Commission, Oregon State University Fulbright Review Committee
• Reviewer for US National Science Foundation and Kauffman Foundation
• Reviewer for various academic journals

My Publications

Journal Articles

1. Elston, J. A., & Weidinger, A. K. (2022). An Empirical Examination of Firm Growth in the MENA Region: Through the Lens of Gibrat's Law. Small Business Economics, 60(1), 121–131. https://doi.org/DOI... 10.1007/s11187-022-00640-7
2. Elston, J., Zhang, Y., Chen, K., & Chen, P. (2023). Are Family Firms More Efficient? Revisiting the U-Shaped Curve of Firm Scale and Efficiency. Small Business Economics. Published.
3. Elston, J. A. (2019). Corporate Governance: What We Know And Don't Know. Journal of Industrial and Business Economics. Published. https://www.springer.com/econo...
4. Elston, J. A., & Weidinger, A. K. (2019). Internationalization and Regional Entrepreneurship in China. Small Business Economics. Published. https://doi.org/DOI...: 0.1007/s11187-018-0114-5
5. Elston, J. (2016). Evidence on the Dynamic Nature of Executive Compensation and Corporate Governance in China. International Journal of Corporate Governance, 7(3).
6. Elston, J., & Alon, I. (2016). Business Cultural Intelligence Quotient: A Five-Country Study. Thunderbird International Business Review. Published.
7. Elston, J., Chen, S., & Weidinger, A. (2016). The role of informal capital on new venture formation and growth in China. Small Business Economics, 46(1), 79–91.
8. Elston, J., Rondi, L., & Bhattacharyya, N. (2014). Executive Compensation and Agency Issues in Italy. International Journal of Corporate Governance, 5(3/4).
9. Elston, J., & Chen, S. (2013). Entrepreneurial motives and characteristics: An analysis of small restaurant owners. International Journal of Hospitality Management, 35, 294–305.
10. Elston, J., & Bhattacharyya, N. (2011). Dividends, Executive Compensation, and Agency Costs: Empirical Evidence From Germany. Journal of Accounting and Finance, 11(1), 11–20.
11. Elston, J. (2010). Risk Attitudes, Wealth and Sources of Entrepreneurial Start-up Capital. Journal of Economic Behavior and Organization, 76(1), 82–89. www.elsevier.com/locate/jebo
12. Elston, J., & Yang, J. (2010). Venture Capital, Ownership Structure, Accounting Standards and IPO Underpricing: Evidence from Germany. Journal of Economics and Business, 62(Special Issue), 517–536.
13. Elston, J., & Audretsch, D. B. (2011). Financing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs. Small Business Economics, 36(2), 209–222.
14. Elston, J., & Rondi, L. (2009). Corporate Governance and Capital Accumulation: Firm Level Evidence from Italy. Scottish Journal of Political Economy, 56(6), 634–661.
15. Audretsch, D. B., & Elston, J. (2006). Can Institutional Change Impact High-Technology Firm Growth: Evidence from Germany's Neuer Markt. Journal of Productivity Analysis, 25(1), 9–23.
16. Chirinko, R. S., & Elston, J. (2006). Finance, Control and Profitability: An Evaluation of German Bank Influence. Journal of Economic Behavior and Organization, 59(1), 69–88.
17. Elston, J. (2004). Bank Influence, Firm Performance and Survival. Corporate Ownership and Control, 1(2), 65–71.
18. Elston, J., & Goldberg, L. (2003). Executive Compensation and Agency Costs in Germany. Journal of Banking & Finance, 27(7), 1391–1410.
19. Bond, S., Elston, J., Mairesse, J., & Mulkay, B. (2003). Financial Factors and Investment in Belgium, France, Germany, and the United Kingdom: A Comparison Using Company Panel Data. Review of Economics and Statistics, 85(1), 153–165.
20. Agarwal, R., & Elston, J. (2001). Bank-firm relationships, financing and firm performance in Germany. Economic Letters, 72(2), 225–232.
21. Audretsch, D. B., & Elston, J. (2001). Does firm size matter? Evidence on the impact of liquidity constraints on firm investment behavior in Germany. International Journal of Industrial Organization, 20(1), 1–17.
22. Elston, J., J. H., & D. S. (1999). Market Linkages Between the US and Japan: An Application to the Fisheries Industry. Japan and the World Economy, 11(4), 517–530.
23. Audretsch, D., & Elston, J. (1997). Financing the German Mittelstand. Small Business Economics, 9(2), 97–110.
24. Audretsch, D., & Elston, J. (1996). Le Financement de la Mittelstand Allemande. Revue Internationale : Petite Et Moyenne Enterprise (PME), 8(3-4), 121–147.
25. Elston, J. (1996). Dividend policy and investment: Theory and evidence from US panel data. Managerial and Decision Economics, 17(3), 267–275.
26. Elston, J. (1995). Banks, Finance and Investment in German: A Review Article. Small Business Economics, 7(6), 475–479.
27. Elston, J., & Albach, H. (1994). Bank Affiliations and Firm Capital Investment in Germany. IFO Studien: Zeitschrift Fur Empirische Wirtschaftsforschung, 1, 1–15.

Presentations

1. Elston, J., Recharging Austro-American Relations, "Myths from Silicon Valley -Is Tech difference than Detroit?," Diplomatische Akademie Wien and Botstiber Institute for Austro-American Studies,, Vienna, Austria. (June 2022).
2. Elston, J., EUBA Conference “Sustainable Business Development Perspectives in 2022, "What Does Sustainable Growth look in the Technology Sector?," University of Economics Bratislava, Slovakia. (May 2022).
3. Elston, J., Annual Meeting of the Academy of Finance, "Chinese Capital Structure: Theory and Evidence," University of Chicago, Chicago Il. (March 2022).
4. Elston, J., 35th Annual meeting of the Academy of Finance, "Chinese Capital Structure: Theory and Evidence," University of Ilinois, Chicago. (March 2022).
5. Elston, J., 70 Years of Bright Minds: 70th Anniversary Celebration, "Fulbright in Austria," Fulbright Commission, Webinar online. (June 2021).
6. Elston, J., Realities of Life in Austria: U.S. Fulbright Scholars Orientation Program 2020-21, "Challenges and Opportunities of Research in Austria," Fulbright Austria, Invited Online Webinar. (February 2021).
7. Elston, J., Spotlight on Austria: Fulbright U.S. Scholar Opportunities, "Austria's Research Opportunities," Fulbright Scholar Program Outreach for Europe & Asia, Online Webinar. (May 2020).
8. Elston, J. A., Weidinger, A. K., Widmer, M., 7th International Conference on Restructuring of the Global Economy (ROGE), "An Examination of the Relationship Between Size and Growth of Listed Firms in the United Arab Emirates," Oxford University, Oxford, UK. (July 2018).
9. Elston, J. A., Corporate Governance, "Evidence on the Dynamic Nature of Executive Compensation and Corporate Governance in China," Copenhagen Business School, Copenhagen. (July 2018).
10. Elston, J., International Workshop on Entrepreneurship in China, "Internationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China," Peking University, China. (October 14, 2016).
11. Elston, J., Academy of International Business Annual onference, "Internationalization, Geographic Location and Entrepreneurial Intention," Academy of International Business, New Orleans, LA. (June 2016).
12. Elston, J., Weidinger, A., 33rd Annual International Business Research Conference, "Internationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China," UAEU, Dubai. (January 2016).
13. Elston, J., Academy of Management Annual Meetings, "A Hierarchy of Cultural Intelligence Antecedents," Vancouver, BC, Canada. (August 2015).
14. Elston, J., Academy of Business (AIB) Bengaluru Conference, "A Hierarchy of Cultural Intelligence Antecedents," India. (June 2015).
15. Elston, J., European Academy of Management (EURAM) Conference, "Cultural Intelligence Antecedents," Warsaw, Poland. (June 2015).
16. Elston, J., International Conference on Small Business (ICSB) World Conference on Entrepreneurship at a Global Crossroads, "The Role of Informal Capital in Growth in China," Dubai, UAE. (June 2015).
17. Elston, J., "Measuring Cultural Intelligence," Higher Colleges of Technology, Abu Dhabi, UAE. (March 2015).
18. Elston, J., "International Entrepreneurship," Wirtschaftsuniversität Wien, Vienna. (July 2014).
19. Elston, J., Annual Academy of Management, "Business Cultural Intelligence Quotient (BCIQ)," International Division of AOM, Orlando, FL. (2013).
20. Elston, J., “Practical Problems in Economics”, "International Entrepreneurship," University of Economics in Bratislava (UEBA), Bratislava, Slovakia. (May 2013).
21. Elston, J., Fulbright Inter-Country invited lecture, "Measuring the Impacts of Risk Attitudes and Entrepreneurship of US High Technology Entrepreneurs," Fulbright and the University of Cassino and Southern Lazio, Rome, Italy. (April 2013).
22. Elston, J., University Lecture, "Measuring Risk Attitudes of High-Technology Entrepreneurs," Vienna Unversity, Vienna Austria. (April 2013).
23. Elston, J., Annual Academy of Management Conference, "“Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China”," AOM, Boston. (August 2012).
24. Elston, J., Annual Academy of International Business Conference, "“Internationalization and Regional Entrepreneurship: Empirical Evidence on the Formation of New Ventures in China”," Washington DC. (June 2012).
25. Elston, J., Annual Academy of International Business Conference -SE, "Entrepreneurship in China," Rollins University, Orlando, FL. (October 2011).
26. Elston, J., Annual Academy of International Business- Southeast USA, "Agency Costs, Dividends and Executive Compensation: Empirical Evidence from Germany," Academy of International Business- Southeast chapter, Tampa, FL. (October 2010).
27. Elston, J., Meeting Global Challenges: US-German Innovation Policy, "Financing Entrepreneurship and Innovation," National Academies of Science and the DIW, Washington DC. (October 2010).
28. Elston, J., Colloquium for Young Scientists on Understanding Firm Growth, "Firm Growth and Gibrat’s Law," RATIO, Stockholm Sweden. (August 2010).
29. Elston, J., European Financial Management Symposium 2009, "Dividends, Executive Compensation, and Agency Costs," European Financial Management Association, Milan, Italy. (June 24, 2009).
30. Elston, J., International Industrial Organization Conference. (April 2003).

Book Chapters

1. Elston, J. (2019). Dr. Audretsch: or How I Learned to Stop Worrying and Love Doing Small Business Research. In K. M. (. Lehmann E. (Ed.), From Industrial Organization to Entrepreneurship. Springer. https://doi.org/https://doi.or...
2. Elston, J. (2013). Financing the Entrepreneurial Decision: An Empirical Approach Using Experimental Data on US High Technology Entrepreneurs (D. Audretsch, Ed.). Public Policy in the Entrepreneurial Society, Edward Elgar.
3. Elston, J. (2013). Risk Attitudes, Wealth and Sources of Entrepreneurial Start-Up Capital (D. Audretsch, Ed.). Public Policy in the Entrepreneurial Society, Edward Elgar.