B. V. Phani




Department of Management Sciences

Principal Investigator: SBERT Center, IIT Kanpur

R.No: 100/200, DoMS Building, IIT Kanpur,
Kanpur, 208016, Uttarpradesh, India

 
 

Education

  • PhD, 1995-2003 IIM Calcutta
    Thesis Title:Insider Ownership, Corporate Governance and Corporate Performance (An Empirical study of Indian Manufacturing Sector 1989-2000)
    Thesis Supervisor:Prof. N Ramachandran
  • BE (Mech), 1982-86, MVSR Engineering College, Osmania University

      An Exciting and Memorable 15 year Journey ..........

  • Responsibilities (Current)

  • Academic:

  • Professor, Finance Innovation and Entrepreneurship

  • Administrative:

  • Professor in Charge: Syndicate Bank Entrepreneurship Research and Training Center (SBERTC)

  • Professor in Charge: Information and Media Outreach Cell,

  • Chief Investigator: E&ICT Academy, IIT Kanpur, https://ict.iitk.ac.in/

  • Responsibilities (In Past)

  • Dean Resources & Alumni (DoRA): Office of Resources and Alumni (R&A)

  • Professor in Charge: Investment Committee (IC)

  • Professor in Charge: Innovation & Incubation

  • Associate Dean: Innovation & Incubation

  • Professor in Charge: Motwani Incubator & Accelerator (MIA)

  • Head: SIDBI Innovation and Incubation Center

  • Faculty Coordinator: Entrepreneurship Cell (E Cell)

  • Professor In Charge: Science & Technology Park

  • Teaching Engagement:

  • 15 years (More than 3000 Hrs) of teaching engagement in Finance, Innovation and Entrepreneurship across various management schools both within India & Abroad

  • 20-25 different topics across more than 15 reputed domestic and international institutions

  • Government Institutions: IIT Kanpur, IIMs (Calcutta, Kazhikode, Udaipur, Vishakapatnam), Rajiv Gandhi Institute of Petroleum Technology (RGIPT),

  • Foreign & Private Institutions: Copenhagen Business School (CBS), Denmark, University of Connecticut, Connecticut, USA, SP Jain (Dubai, Singapore, Mumbai), Symbiosis (SIBM Pune)

  • NGO's and Other Institutions: Administrative Staff College of India (ASCI), LEAP Program (MHRD), National Entrepreneurship Network (NEN), A Wadhwani Foundation Initiative, American Express, Indian Ordinance Factories etc.

  • Student Guidance in last10 years Post Docs:2, Phd: 5 Completed and 10 Ongoing, MTech: 10 Completed and 1 Ongoing, Capstone: 10 Completed and 15 Ongoing, MBA: 50 (Replaced by Capstone)

  • Research and Project Funding: 2009 till date more than 16 individual sponsored and consultancy projects to the tune of 180 Crores ($ 25.5 Million)

  • Research Output: More than 28 Research and Policy publications in the last 10 years averaging 2.5+ publications per year in Finance, Innovation and Entrepreneurship in A*, A & B category journals, like Journal of Banking & Finance (JBF), Computational Economics, Resources Policy, Journal of Academy of Business and Economics, International Journal of Entrepreneurial Behavior and Research (IJEBR), Asian Development Bank (ADB), UNESCAP etc. and around 40 Conference Presentations

  • Administrative Engagement: 14 years of full time engagement in academic administration varying from Coordinator, Head, Associate Dean and Dean within IITK.

  • Industry Engagement: around 12 years of full time engagement in Industry (before and during PhD) as consultant, independent contractor, junior and senior managerial positions with three years also as CEO

  • Advisory Engagement: 15 years of engagement in Invited Positions held/holding:
    Director/Member/Advisor etc (27),
    Conference Chair (4), Editorial (3).

  • Institution Building:

  • Mentored significant number of students, startups, incubators & institutions, raised funds, undertook and launched various projects and facilities enumerated below in the last 15 years

  • Designed, Developed & Launched a state of the art online training platform with generous funding from MeiTY from scratch for capacity building of faculty and students in bridging the gap between academic learning and industry practice click here for exploring the platform.

  • Deployed 90 courses and catered to more than 10000 faculty & 100000 Students in one year and growing...

  • Built and Managed 11 Incubators, 1 S&T Park, 5 State of the art prototype and tinkering laboratory facilities and Other Experimental Facilities between 2009-2017.

  • Raised around Rs.150 Crores /$21.5 Million through sponsored projects over the last 10 years to establish, launch and expand a Greenfield Innovation Ecosystem from 9000 Sq.ft foot print to 400000 Sq.ft comprising of 11 Incubators and 5 State of the art prototype and laboratory facilities, currently housing 70 Startup's

  • Raised around Rs. 90 Crores/$ 13 Million ($4.3 Million Per year), Donations & CSR Funding between 2016-19 as Dean Resources and Alumni up from $ 0.5 Million per year.

  • Mentored and Graduated more than 100 Startups in the last 10 years

  • Headed and Managed IP Protection, Management and Commercialization produced by IITK.

  • 400 patents filed and $400000 revenue generated through commercialization. Successfully completed Exit's in more than 5 Startups with a valuation of more than 400 Crores ($70 Million)

  • Reviewed & Evaluated more than 15 Doctoral and Masters Dissertations

  • Awards: recipient of various awards and recognition's ranging from national merit award, dissertation awards to best paper & more than 15 Senate commendations for teaching excellence awards etc

  • Delivered more than 150 invited talks as a keynote/panelist in various fora across the world

  • Research Interest Domains

  • Finance, Innovation & Entrepreneurship

  • Teaching Interest Domains

  • Corporate Finance, Security Analysis and Portfolio Management, Derivatives, Commercial Banking. Risk Management and Risk Modelling, Accounting & Finance, Entrepreneurial Finance, Innovation and Entrepreneurship, Market Micro-structure, Mergers & Acquisitions, Valuation & Real Options, Entrepreneurship, Design Thinking, Innovation Policy etc

  • Courses Taught

  • Financial Management, Security Analysis Derivatives and Portfolio Management, Commercial Banking, Risk Management and Risk Modeling, Accounting for Management, Financial Intermediaries, Financial Institutions, and Regulators, Seminar Course in Finance, Corporate Finance, Financial Modeling, Valuation and Real Options, Management of Financial Services, Mergers & Acquisitions, Commercial Banking Risk Modelling and Management, Fundamentals of Futures and Options, Innovation & Entrepreneurship, Design Thinking, Science & Technology Innovation Policies & Frameworks etc.

  • Book Chapters

  • Kumar, D., Saurabh, S., & Phani, B. V.; Integrated Blockchain Architecture for End-to-End Receivables Management of Indian MSMEs; Book chapter in ‘Applications of Emerging Technologies and AI/ML Algorithms by Manoj Kumar Tiwari, Madhu Ranjan Kumar, Rofin T. M., Rony Mitra (eds.)’; Springer Nature Singapore Publication-2023

  • Kumar, D., Saurabh, S., & Phani, B. V.; Crisis Management and Innovation in Indian Manufacturing MSMEs Amidst COVID-19 Pandemic; Book chapter in ‘Entrepreneurship Research: Developing New and Emerging Patterns in the Post COVID-19 Pandemic Era by Vanessa Ratten (eds.)’; Springer Nature Singapore Publication-2023

  • Bhaskar, R. A., & Phani, B. V.; Generic framework of a Business Incubator Model for a Sustainable Innovation Ecosystem; Book chapter in ‘Economics, Management and Sustainability by Prof. Partha Ray, Prof. Runa Sarkar, Anindya Sen (eds.)’; Springer, Singapore Publication-2018

  • Khandekar, S., & Phani, B. V.; Innovation and Entrepreneurship Ecosystem at IIT Kanpur: A Journey of Serendipity; Book chapter in ‘Innovation, Incubation and Entrepreneurship by B. V. Phani, Sameer Khandekar (eds.)’; Springer, Singapore Publication-2017

  • Finance, Innovation and Entrepreneurship

  • Seth Gaurav, Supriya Katti, and B.V. Phani, 2022, “Stock Price Reaction on the Announcement of Basel Implementation: Evidence from Indian Banks”, Reserve Bank of India working paper series, WPS (DEPR):01/2022. https://www.rbi.org.in/Scripts/PublicationsView.aspx?id=20990

  • Dutta, S., Katti, S., Phani, B.V., and Zhu, P., 2021. CSR Spending as a Building Block for Sustainable Corporate Ethical Identity: Lessons from Indian Business Groups. Managerial and Decision Economics, Forthcoming, https://doi.org/10.1002/mde.3412.

  • Katti, S., Verma, N., Phani, B.V., and Ghosh, C., 2020. Price Premium of Private Placement: Evidence from India. International Journal of Managerial Finance, Forthcoming, DOI -10.1108/IJMF-08-2019-0309.

  • Potluri, S., & Phani, B. V.; Green entrepreneurship: A disruptive mitigation strategy for Climate Change; Book chapter in 'Handbook of Climate Change Mitigation and Adaptation by Wei-Yin Chen, Toshio Suzuki, Maximilian Lackner (eds.) (z-lib.org)' ; Springer Publication - Forthcoming

  • Kritika Awasthi, Wasim Ahmad, Abdul Rahman, B.V. Phani. 2020,When US sneezes, clichés spread: How do the commodity index funds react then?,Resources Policy, Volume 69, 2020,101858,ISSN 0301-4207, https://doi.org/10.1016/j.resourpol.2020.101858.

  • Potluri, S., & Phani, B. V. (2020). Incentivizing green entrepreneurship: A proposed policy prescription (a study of entrepreneurial insights from an emerging economy perspective). Journal of Cleaner Production, 120843

  • Potluri, S. and Phani, B.V., Women and Green Entrepreneurship: A Literature based study of India. International Journal of Indian Culture and Business Management, Forthcoming.

  • Bhaskar, R.A., and Phani, B.V. 2020, University Industry Linkages towards sustainable Socio-Economic Development- A Case Study, Asian Development Bank & Peking University, Forthcoming.

  • Potluri, S. and Phani, B.V., 2020. Incentivizing Green Entrepreneurship: A Proposed Policy Prescription (a study of entrepreneurial insights from an emerging economy perspective). Journal of Cleaner Production, Vol. 259, 120843.

  • Potluri, S. and Phani, B.V., 2018. Waste-Preneurship: A model of Environmental benefit. Journal of Asia Entrepreneurship and Sustainability, Vol. 14, Issue 2, pp. 117-164.

  • Bhaskar, R.A., and Phani, B.V., 2018. University-Industry Linkage in Furthering Innovation Landscape Towards a Sustainable Knowledge Economy: Issues & Challenges. Asian and Pacific Centre for Transfer of Technology (APCTT) of United Nations Economic and Social Commission for Asia and Pacific (UN ESCAP), 21–32. ISSN: 0256- 9957.

  • Katti, S. and Phani, B.V., 2018. Ownership Structure and Reasons for Indian Firms to go Public. Journal of Academy of Business and Economics, Vol. 18, Issue 3, pp. 71-80.

  • Kunal and Phani, B.V., 2018. Shades of FDI Capital, Business Group Affiliation and Excess Value Creation in Indian Economy. Theoretical Economics Letters, Vol. 8, pp. 3509-3536.

  • Kunal, Katti S. and Phani, B.V., 2018. Private Equity Investment, Exit Strategy and IPO Performance: Evidence from Indian IPOs. International Journal Accounting and Finance, Vol. 8, Issue 1, pp. 38-59.

  • Tracy, W.M., Markovitch, D.G., Peters, L.S., Phani, B.V. and Philip, D., 2016. Algorithmic Representations of Managerial Search Behavior. Computational Economics, Vol. 49, Issue 3, pp. 343-361.

  • Ghosh, C., Hilliard, J., Petrova, M. and Phani, B.V., 2016. Economic Consequences of Deregulation: Evidence from the Removal of Voting Cap in Indian Banks. Journal of Banking and Finance, Vol. 72, pp. S19-S38.

  • Katti, S. and Phani, B.V., 2016. Influence of Group Diversification on the Underpricing of Initial Public Offerings. Journal of International Finance and Economics, Vol. 16, Issue 1, pp. 47-60.

  • Katti, S. and Phani, B.V., 2016. Underpricing of Initial Public Offerings: A Literature Review. Universal Journal of Accounting and Finance, Vol. 4, Issue 2, pp. 35-52.

  • Katti, S. and Phani, B.V., 2015. Underwriter’s Discretion and Pricing of Initial Public Offerings. International Journal of Business Management and Economics Research, Vol. 2, Issue 2, pp. 107-122.

  • Katti, S. and Phani, B.V., 2015. The Effect of Business Group Affiliation on the Pricing of New Equity Issues. The International Journal of Management and Business, Vol. 6, Issue 2, pp. 14-30.

  • Markovitch, D.G., Huang, D., Peters, L., Phani, B.V., Philip, D. and Tracy, W., 2014. Escalation of Commitment in Entrepreneurship-minded Groups. International Journal of Entrepreneurial Behavior and Research, Vol. 20, Issue 4, pp. 302-323.

  • Phani, B.V., Chandra, C. and Raghav, V., 2011. Quest for Efficient Option Pricing Prediction Model using Machine Learning Techniques. International Joint Conference on Neural Networks, San Jose, California, July 31 - August 5, 2011, pp. 654-657.

  • Saranga, H. and Phani, B.V., 2009. Determinants of Operational Efficiencies in the Indian Pharmaceutical Industry. International Transactions in Operational Research, Vol. 16, Issue 1, pp. 109-130.

  • Ghosh, C., Harding, J. and Phani, B.V., 2008. Does Liberalization Reduce Agency Costs? Evidence from the Indian Banking Sector. Journal of Banking and Finance, Vol. 32, Issue 3, pp. 405-419.

  •  

  • Invited Positions held/holding:
    Director/Member/Advisor etc (29), Conference Chair (4), Editorial (3)

  • 2023-till date, Member, Finance Committee, Indian Institute of Technology Mandi

  • 2022-till date, Director, CSJM Innovation Foundation

  • 2022-till date, Member, Academic Advisory Board, School of Management, Indian Institute of Technology Mandi

  • 2021-2022, Chairman, Preliminary Screening & Evaluation Committee, NIDHI iTBI/TBI Program, National S&T Entrepreneurship Development Board, Department of Science & Technology, Government of India.

  • 2019-Member, Committee on Innovation, Technology Development & Deployment

  • 2019-Member, Scheme Steering Committee, National Biotechnology Parks Scheme

  • 2019-Member, Advisory Committee, SSIP Annual International Conference on Student Innovation , Start-ups and Ecosystem, Department of Education, Government of Gujarat

  • 2018-Till Date: Director, IITK Fund Inc a charitable organization having a 501(c) classification of IRS

  • 2018-Till Date: Advisiory Board, Innovation & Incubation Abdul Kalam Technical University

  • 2018-Till Date: Member, Core Committee, National Entrepreneurship Award, Ministry of Skill Development & Entrepreneurship (MoSDE)

  • 2018-Till Date: Member, Empowered Committee for Promotion of Innovation and Entrepreneurship, MeitY

  • 2017-19: Secretary IIT Kanpur Alumni Association

  • 2017-Till Date: Member, Governing Council, TiE-UP

  • 2017-Till Date: Member: Governing Board, SIDBI Center for Innovation in Financial Inclusion (SciFi), IIML

  • 2016-Till Date: SIDBI Center for Innovations in Financial Inclusion, IIM Lucknow

  • 2016-Till Date Member, Endowment Committee, IIT Roorkee

  • 2016-Till Date:Advisor & Mentor, TBI, IISER Bhopal

  • 2016-20: Board Member, Indo-US Science and Technology Endowment Fund, IUSSTEF

  • 2016-Till Date: Advisor/Mentor, Uttar Pradesh Information Technology & Startup Policy, UP Electronics Corporation, Government of UP.

  • 2015-Till Date: Director, IIT Kanpur Alumni Association

  • 2015-Till 19: Board Member, Integral University, Lucknow

  • 2015-Till Date: Member, Academic Senate, Rajiv Gandhi Institute of Petroleum Technology (RGIPT)

  • 2014-Till Date: Member, Working Group for Development of Innovation and IP in ESDM Sector, Ministry of Communication & Information Technology (MCIT), GoI

  • 2014-Till Date: Member, Advisory-cum-Monitoring Committee of the Biotech Park, Lucknow, Department of Biotechnology (DBT), GoI

  • 2013-Till Date: Board Member, Board of Apprentice Training (BOAT), MHRD

  • 2012-Till Date: Member, Advisory Board, MKT Software Pvt. Ltd.

  • 2011-Till Date: Member, Board of Mentors, Ivy Cap Ventures Pvt. Ltd

  • 2009-16: Faculty Advisor, National Entrepreneurship Network, A Wadhwani Foundation Initiative

  • 2008-17: Director, Weather Risk Limited

  • Conference Positions

  • 2018 Chair International Conference on Financial Markets & Corporate Finance (ICFMCF)

  • 2015-Till Date Advisory and Core committee Member International Conference on Financial Markets & Corporate Finance (ICFMCF).

  • 2010-12: Chair Annual Global Conference on Entrepreneurship and Technological Innovation (AGCETI).

  • 2008-09 Co-Chair National Workshop on Intellectual Property Rights, 25th Feb to 29th Feb 2008, IIT Kanpur.

  • Editorial Responsibilities

  • 2008-Till Date Area Editor Management Review, Indian Institute of Management Bangalore

  • 2008-Till Date Member Editorial Review Board, Decision, Indian Institute of Management Calcutta

  • 2007-Till Date Reviewer Annual Eastern Finance Association Meetings.

Organized & Conducted

  1. Conferences Organized and Chaired: 2 in Intellectual Property Rights, 3 in Entrepreneurship and 1 in Finance

  2. More than 35 Alumni Reunions Organized and Participated covering almost 35-40 batches out of the 60 Batches who have graduated

  3. Entrepreneurship Workshops using Simulation: 100 workshops conducted in various IIT's, IIM's, Industry Executives, Management and Engineering Institutions across the globe including China, Europe and US

  4. Entrepreneurial Summits: Organised and Conducted more than 50 Workshops, Competitions, Network Sessions & Startup Show Cases

  5. TiE Young Entrepreneurship (TYE) Programs: for School Children 10, Awarded Best Program By TiE Global

  6. Faculty Resource Person: National Entrepreneurship Network's Capacity Building Programs for faculty from 400 Engineering and Management Institutions across India

Designed & Drafted:

  1. Faculty Entrepreneurship Policy, IIT Kanpur

  2. Student Entrepreneurship Policy, IIT Kanpur

  3. Seed Fund Policy, IIT Kanpur

  4. Science and Technology Innovation Policy (STIP) Vision & Roadmap Framework, CSTUP, GoUP

  5. IT Startup Policy Framework In Collaboration with KPMG, UPIT, GoUP

  6. UP Startup Policy Framework, Institutional framework & Implementation RoadMap, UPIDC, GoUP

   
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