Professor Otto Toivanen is a professor of Managerial Economics, Strategy and Innovation at the Katholieke Universiteit Leuven. Prior to joining MSI, he was the director of Helsinki Center of Economic Research (HECER) 2004-2009. He has previously held positions at Helsinki School of Economics, Academy of Finland and University of Warwick. He has been a visiting research fellow at MIT, UC Berkeley, and NBER. He obtained his Ph.D. from University of Warwick. Toivanen is a research fellow of CEPR. His research interests are in industrial organization and economics of innovation.