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Nektarios (Aris) Oraiopoulos

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Nektarios Oraiopoulos.

Professor of Operations & Technology Management

PhD (Georgia Institute of Technology), BEng (National Technical University of Athens)

Research interests

Business analytics and data-driven decision-making processes; technology and R&D management; biopharmaceutical industry.

Subject group: Operations & Technology Management

Professional experience

In addition to his academic work, Nektarios has worked closely on research projects with numerous executives from the biopharmaceutical industry, both in large pharmaceutical organisations and small biotech companies. He has also co-authored the forthcoming book, From Breakthrough to Blockbuster: The Business of Biotechnology.

Awards & honours

  • Winner, Best Working Paper Award (for the paper “Project selection and success: insights from the drug development process” (with P. Markou and S. Kavadias), INFORMS TIMES, 2018
  • 2nd Prize, POMS PITM College Best Student Paper (Jochen Schlapp), 2015
  • 3rd Prize, Best-Paper-Award Innovation Management, for the paper “Resource allocation decisions under imperfect evaluation and organizational dynamics” (with Jochen Schlapp and Vincent Mak), Strascheg Institute for Innovation & Entrepreneurship (SIIE), EBS Business School, 2015
  • Cambridge Judge Business School Teaching Award, 2014
  • NATO Scholarship for Doctoral Studies, 2006-2007

Selected publications

Here are a selection of Nektarios Oraiopoulos’s publications. Please see the “Selected publications” tab above for a more comprehensive list.

Markou, P., Kavadias, S. and Oraiopoulos, N. (2023) “Rival signals and project selection: insights from the drug development process.” Management Science (DOI: 10.1287/mnsc.2022.4642) (published online Jan 2023)

Drakeman, D.L. and Oraiopoulos, N. (2020) “The risk of de-risking innovation: optimal R&D strategies in ambiguous environments.” California Management Review, 62(3): 42-63 (DOI: 10.1177/0008125620915289)

Agrawal, V. and Oraiopoulos, N. (2020) “The role of decision rights in codevelopment initiatives.” Manufacturing and Service Operations Management, 22(4): 645-867 (DOI: 10.1287/msom.2019.0775)

Neuberger, A., Oraiopoulos, N. and Drakeman, D.L. (2019) “Renovation as innovation: is repurposing the future of drug discovery research?” Drug Discovery Today, 24(1): 1-3 (DOI: 10.1016/j.drudis.2018.06.012)

Neuberger, A., Oraiopoulos, N. and Drakeman, D.L. (2017) “Lemons, or squeezed for resources? Information symmetry and asymmetric resources in biotechnology.” Frontiers in Pharmacology, 8: 338 (DOI: 10.3389/fphar.2017.00338)

Schlapp, J.N., Oraiopoulos, N.and Mak, V. (2015) “Resource allocation decisions under imperfect evaluation and organizational dynamics.” Management Science, 61(9): 2139-2159 (DOI: 10.1287/mnsc.2014.2083)

Journal articles

Oraiopoulos, N., Ferguson, M.E. and Toktay, L.B. (2012) “Relicensing as a secondary market strategy.” Management Science, 58(5): 1022-1037 (DOI: 10.1287/mnsc.1110.1456)

Oraiopoulos, N. and Kavadias, S. (2014) “The path dependent nature of R&D search: implications for (and from) competition.” Production and Operations Management, 23(8): 1450-1461 (DOI: 10.1111/poms.12198)

Schlapp, J.N., Oraiopoulos, N.and Mak, V. (2015) “Resource allocation decisions under imperfect evaluation and organizational dynamics.” Management Science, 61(9): 2139–2159 (DOI: 10.1287/mnsc.2014.2083)

Oraiopoulos, N. and Dunlop, W.C.N. (2017) “When science is not enough: a framework towards more customer-focused drug development.” Advances in Therapy, 34(7): 1572–1583 (DOI: 10.1007/s12325-017-0567-y)

Neuberger, A., Oraiopoulos, N. and Drakeman, D.L. (2017) “Lemons, or squeezed for resources? Information symmetry and asymmetric resources in biotechnology.” Frontiers in Pharmacology, 8: 338 (DOI: 10.3389/fphar.2017.00338)

Neuberger, A., Oraiopoulos, N. and Drakeman, D.L. (2019) “Renovation as innovation: is repurposing the future of drug discovery research?” Drug Discovery Today, 24(1): 1-3 (DOI: 10.1016/j.drudis.2018.06.012)

Drakeman, D.L. and Oraiopoulos, N. (2020) “The risk of de-risking innovation: optimal R&D strategies in ambiguous environments.” California Management Review, 62(3): 42-63 (DOI: 10.1177/0008125620915289)

Agrawal, V. and Oraiopoulos, N. (2020) “The role of decision rights in codevelopment initiatives.” Manufacturing and Service Operations Management, 22(4): 645-867 (DOI: 10.1287/msom.2019.0775)

Oraiopoulos, N. and Kavadias, S. (2020) “Is diversity (un)biased? Project selection decisions in executive committees.” Manufacturing and Service Operations Management, 22(5): 869-1106 (DOI: 10.1287/msom.2019.0782)

Markou, P., Kavadias, S. and Oraiopoulos, N. (2023) “Rival signals and project selection: insights from the drug development process.” Management Science (DOI: 10.1287/mnsc.2022.4642) (published online Jan 2023)

Books, monographs, reports & case studies

Drakeman, D.L., Drakeman, L.N. and Oraiopoulos, N. (2022) From breakthrough to blockbuster: the business of biotechnology. Oxford: Oxford University Press.

Top 10 reads of 2022

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How fellows enrich Cambridge Judge Business School

The fellows at Cambridge Judge Business School are a terrific resource that benefit the Business School and its students, says Dean Mauro…

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From Breakthrough to Blockbuster

New book co-authored by Nektarios Oraiopoulos of Cambridge Judge Business School charts the rise of entrepreneurial biotech firms. Dr Nektarios Oraiopoulos From…

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Pharma shift

The pharmaceutical industry's focus on procedures and dealmaking could change significantly in this uncertain period, five Cambridge Executive MBA graduates say in…

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Biotech vs big pharma

Most approved "priority" medicines are developed by biotech rather than large pharmaceutical firms, says a two-decade study at the University of Cambridge…

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Manhattan Project?

A "multiple-shots-on-goal" approach is needed to find coronavirus drugs, Cambridge Judge academics say in California Management Review. A many-shots-on-goal approach – not command and control – will most effectively develop vaccines and treatments for…

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Bias in diversity

Diversity on key corporate committees is supposed to produce better decisions. But a study at Cambridge Judge Business School finds that diverse…

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Healthcare policy & drug development (The Cambridge Judge Business Debate podcast series)

How ageing societies can afford healthcare for all and reform an organisational system that has not kept pace with technology. L-R: Paul…

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Pharmaceutical pipeline

Study on drug industry project selection by Dr Panos Markou, Professor Stelios Kavadias and Dr Nektarios Oraiopoulos of Cambridge Judge Business School…

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Limits of drug repurposing

Drug 'repurposing' has some high-profile wins, but a new study at Cambridge Judge Business School shows how hard it is to find…

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Inhibiting innovation

Dr Nektarios Oraiopoulos, University Lecturer in Operations Management at Cambridge Judge Business School, on how the organisational structures of large companies inhibit innovation,…

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A framework for drug development

'Science is not enough' for ensuring commercial success of new drugs, so a new journal article co-authored by Dr Nektarios (Aris) Oraiopoulos…

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Information is power. Here’s what to do to get your team to share information better.

Are you happy to share information with your colleagues? And do they share their valuable information with you? A number of companies…

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Financial Times: FT business books – March edition

“From Breakthrough to Blockbuster”, a book co-authored by Nektarios Oraiopoulos, Associate Professor at Cambridge Judge Business School, was included in the March…

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India Education Diary: New book highlights how small biotech companies are outperforming big pharma

From Breakthrough to Blockbuster: The Business of Biotechnology, a new book co-authored by Nektarios Oraiopoulos, Associate Professor at Cambridge Judge Business School,…

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Executive Courses: Executive education courses in data analytics

Dr Nektarios Oraiopoulos, University Lecturer in Operations Management at Cambridge Judge Business School, is quoted in the article. “Businesses and their leaders…

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Forbes India: How drug companies can increase their R&D effectiveness

A study co-authored by Professor Stylianos Kavadias and Dr Nektarios Oraiopoulos at University of Cambridge Judge Business School, is featured in the…

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Fast Company: How open-source medicine could prepare us for the next pandemic

A study on drug repurposing co-authored by Dr Nektarios Oraiopoulos, University Lecturer in Operations Management at Cambridge Judge Business School, is quoted…

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Pharma Voice: New pipeline pathways

Repurposing existing drugs could reduce cost and time when developing new medicine, but it’s not a straightforward approach. According to a study…

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Manufacturing Chemist: Limits of drug repurposing

New research co-authored at Cambridge Judge Business School looks at drug repurposing and found that it’s not easy to find entirely new…

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Phys.org: How to get teams to share information

Withholding key information within organisational silos might happen more often than we might like to admit. Now a new study suggests how…

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Contact details

Nektarios Oraiopoulos
Cambridge Judge Business School
University of Cambridge
Trumpington Street
Cambridge CB2 1AG
UK

Tel: +44 (0)1223 339648

[email protected]

CV

Download Nektarios Oraiopoulos’s CV