{"id":4581,"date":"2022-03-01T10:22:05","date_gmt":"2022-03-01T09:22:05","guid":{"rendered":"https:\/\/www.promostudio.info\/speakers\/spence-michael\/"},"modified":"2022-04-14T07:46:23","modified_gmt":"2022-04-14T05:46:23","slug":"spence-michael","status":"publish","type":"product","link":"https:\/\/www.promostudio.info\/en\/speakers\/spence-michael\/","title":{"rendered":"Spence, Michael"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-152gyf4-a89c68acd52248436d8e5a205d02e8c0\">\n.avia-section.av-152gyf4-a89c68acd52248436d8e5a205d02e8c0{\nbackground-color:#ededed;\nbackground-image:url(https:\/\/www.promostudio.info\/wp-content\/uploads\/2021\/01\/Professional-Speakers-650x380-1.jpg);\nbackground-repeat:no-repeat;\nbackground-position:50% 100%;\nbackground-attachment:fixed;\n}\n.avia-section.av-152gyf4-a89c68acd52248436d8e5a205d02e8c0 .av-section-color-overlay{\nopacity:0.8;\nbackground-color:#0a0a0a;\n}\n<\/style>\n<div id='av_section_1'  class='avia-section av-152gyf4-a89c68acd52248436d8e5a205d02e8c0 main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  avia-full-stretch avia-bg-style-fixed av-section-color-overlay-active av-minimum-height av-minimum-height-50 av-height-50  container_wrap sidebar_right'  data-section-bg-repeat='stretch' data-av_minimum_height_pc='50' data-av_min_height_opt='50'><div class=\"av-section-color-overlay-wrap\"><div class=\"av-section-color-overlay\"><\/div><div class='container av-section-cont-open' ><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-4581'><div class='entry-content-wrapper clearfix'>\n<div  class='flex_column av-12qyp40-5615ff8e291fe348483aa6ab5e3050fc av_three_fourth  avia-builder-el-1  el_before_av_one_fourth  avia-builder-el-first  first flex_column_div  '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kzf57q1e-a56766ed2746bf4e3a040a3c49b8e068\">\n#top .av-special-heading.av-kzf57q1e-a56766ed2746bf4e3a040a3c49b8e068{\npadding-bottom:10px;\ncolor:#ffffff;\n}\nbody .av-special-heading.av-kzf57q1e-a56766ed2746bf4e3a040a3c49b8e068 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-kzf57q1e-a56766ed2746bf4e3a040a3c49b8e068 .special-heading-inner-border{\nborder-color:#ffffff;\n}\n.av-special-heading.av-kzf57q1e-a56766ed2746bf4e3a040a3c49b8e068 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-kzf57q1e-a56766ed2746bf4e3a040a3c49b8e068 av-special-heading-h1 custom-color-heading blockquote modern-quote  avia-builder-el-2  el_before_av_hr  avia-builder-el-first '><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >Michael Spence<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<div  class='hr av-113af5c-cc8156eef509e55f349a36c5aaf277ef hr-default  avia-builder-el-3  el_after_av_heading  el_before_av_heading '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kzf5937c-4615e31cf174a403bf412f447f2cd7c9\">\n#top .av-special-heading.av-kzf5937c-4615e31cf174a403bf412f447f2cd7c9{\npadding-bottom:10px;\ncolor:#ffffff;\n}\nbody .av-special-heading.av-kzf5937c-4615e31cf174a403bf412f447f2cd7c9 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-kzf5937c-4615e31cf174a403bf412f447f2cd7c9 .special-heading-inner-border{\nborder-color:#ffffff;\n}\n.av-special-heading.av-kzf5937c-4615e31cf174a403bf412f447f2cd7c9 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-kzf5937c-4615e31cf174a403bf412f447f2cd7c9 av-special-heading-h3 custom-color-heading blockquote modern-quote  avia-builder-el-4  el_after_av_hr  el_before_av_heading '><h3 class='av-special-heading-tag '  itemprop=\"headline\"  >Nobel Laureate in Economic Sciences 2001<\/h3><div class='av_custom_color av-subheading av-subheading_below'><p>Professor Emeritus of Management, Graduate School of Business, Stanford University, USA<br \/>\nPartner, Oak Hill Capital Partners &amp; Oak Hill Venture Partners, USA<\/p>\n<\/div><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-zd8erk-43114f51ec1ac21522d0bc0315272ae5\">\n#top .av-special-heading.av-zd8erk-43114f51ec1ac21522d0bc0315272ae5{\npadding-bottom:10px;\ncolor:#ffffff;\n}\nbody .av-special-heading.av-zd8erk-43114f51ec1ac21522d0bc0315272ae5 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-zd8erk-43114f51ec1ac21522d0bc0315272ae5 .special-heading-inner-border{\nborder-color:#ffffff;\n}\n.av-special-heading.av-zd8erk-43114f51ec1ac21522d0bc0315272ae5 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-zd8erk-43114f51ec1ac21522d0bc0315272ae5 av-special-heading-h3 custom-color-heading blockquote modern-quote  avia-builder-el-5  el_after_av_heading  el_before_av_textblock '><h3 class='av-special-heading-tag '  itemprop=\"headline\"  >Co-reason for the prize:<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-kzf599cj-eb439181e58b496fc8014ebb1a620732 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><blockquote>\n<p>for their analyses of markets with asymmetric information<\/p>\n<\/blockquote>\n<\/div><\/section><\/p><\/div><div  class='flex_column av-xv9gs0-a3f4be6d55e7f45a261c6adcb061c709 av_one_fourth  avia-builder-el-7  el_after_av_three_fourth  el_before_av_three_fourth  flex_column_div  '     ><div  class='avia-slideshow av-kzf58hy7-9ece3ff4705a1331adb438d53b64e1db avia-slideshow-medium av_slideshow avia-slide-slider  avia-builder-el-8  avia-builder-el-no-sibling  av-slideshow-ui av-control-default av-slideshow-manual av-loop-once av-loop-manual-endless av-default-height-applied avia-slideshow-1' data-slideshow-options=\"{&quot;animation&quot;:&quot;slide&quot;,&quot;autoplay&quot;:false,&quot;loop_autoplay&quot;:&quot;once&quot;,&quot;interval&quot;:5,&quot;loop_manual&quot;:&quot;manual-endless&quot;,&quot;autoplay_stopper&quot;:false,&quot;noNavigation&quot;:false,&quot;bg_slider&quot;:false,&quot;keep_padding&quot;:false,&quot;hoverpause&quot;:false,&quot;show_slide_delay&quot;:0}\"  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><ul class='avia-slideshow-inner ' style='padding-bottom: 120%;'><li  class='avia-slideshow-slide av-kzf58hy7-9ece3ff4705a1331adb438d53b64e1db__0  av-single-slide slide-1 slide-odd'><div data-rel='slideshow-1' class='avia-slide-wrap '   ><img decoding=\"async\" fetchpriority=\"high\" class=\"wp-image-4313 avia-img-lazy-loading-not-4313\"  src=\"https:\/\/www.promostudio.info\/wp-content\/uploads\/2022\/02\/Michael-Spence.jpg\" width=\"250\" height=\"300\" title='Michael-Spence' alt=''  itemprop=\"thumbnailUrl\"   \/><\/div><\/li><\/ul><\/div><\/div><div class='flex_column_table av-wmoba8-dec7f8f9d484960e2e1f93ca6e2755af sc-av_three_fourth av-equal-height-column-flextable'><div  class='flex_column av-wmoba8-dec7f8f9d484960e2e1f93ca6e2755af av_three_fourth  avia-builder-el-9  el_after_av_one_fourth  el_before_av_one_fourth  first flex_column_table_cell av-equal-height-column av-align-top  column-top-margin'     ><\/div><div class='av-flex-placeholder'><\/div><div  class='flex_column av-pyjrkw-0779f53d34dee3653f9096a2011fbb0a av_one_fourth  avia-builder-el-11  el_after_av_three_fourth  avia-builder-el-last  flex_column_table_cell av-equal-height-column av-align-top  column-top-margin'     ><\/div><\/div><!--close column table wrapper. Autoclose: 1 -->\n\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div><\/div><div id='av_section_2'  class='avia-section av-opubrk-4e1a0203b844b1187cca99449cd65ada main_color avia-section-default avia-no-border-styling  avia-builder-el-12  el_after_av_section  avia-builder-el-last  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-4581'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-276ihc-a26785eb47cc9d688a56ea43ce34861f\">\n@keyframes av_boxShadowEffect_av-276ihc-a26785eb47cc9d688a56ea43ce34861f-column {\n0%   { box-shadow:  0 0 0 0 #a8a8a8; opacity: 1; }\n100% { box-shadow:  0 0 10px 0 #a8a8a8; opacity: 1; }\n}\n.flex_column.av-276ihc-a26785eb47cc9d688a56ea43ce34861f{\nbox-shadow: 0 0 10px 0 #a8a8a8;\nborder-width:1px;\nborder-color:#bfbfbf;\nborder-style:solid;\npadding:30px 30px 30px 30px;\nbackground-color:#ffffff;\n}\n<\/style>\n<div  class='flex_column av-276ihc-a26785eb47cc9d688a56ea43ce34861f av_two_third  avia-builder-el-13  el_before_av_one_third  avia-builder-el-first  first flex_column_div shadow-not-animated  '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kh8hzk-ffb5e671763c450172697b72a7fc9c44\">\n#top .av-special-heading.av-kh8hzk-ffb5e671763c450172697b72a7fc9c44{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-kh8hzk-ffb5e671763c450172697b72a7fc9c44 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-kh8hzk-ffb5e671763c450172697b72a7fc9c44 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-kh8hzk-ffb5e671763c450172697b72a7fc9c44 av-special-heading-h2 blockquote modern-quote  avia-builder-el-14  el_before_av_textblock  avia-builder-el-first '><h2 class='av-special-heading-tag '  itemprop=\"headline\"  >Main Topics:<\/h2><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-kzf59i86-40d695b0813fa7d35d44b20530c0a1e3 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><ul>\n<li>Growth of emerging markets;<\/li>\n<li>Trends in the global economy and political issues;<\/li>\n<li>Investment strategy<\/li>\n<li>Information economics<\/li>\n<li>information technology economics.<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-j6zc00-25059ecdf8da27235ff4cd7501638d12\">\n#top .av-special-heading.av-j6zc00-25059ecdf8da27235ff4cd7501638d12{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-j6zc00-25059ecdf8da27235ff4cd7501638d12 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-j6zc00-25059ecdf8da27235ff4cd7501638d12 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-j6zc00-25059ecdf8da27235ff4cd7501638d12 av-special-heading-h2 blockquote modern-quote  avia-builder-el-16  el_after_av_textblock  el_before_av_textblock '><h2 class='av-special-heading-tag '  itemprop=\"headline\"  >Professional Profile:<\/h2><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-kzf5aahq-75230411adb2423faeac6a9a3a216ea2 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p align=\"justify\">Michael Spence is Professor Emeritus of Management in the Graduate School of Business at Stanford University and a partner in Oak Hill Capital Partners and Oak Hill Venture Partners.      <\/p>\n<p align=\"justify\">He served as Dean of the Stanford Business School from 1990 to 1999. As Dean, he oversaw the finances, organization, and educational policies of the school. Spence earned his undergraduate degree in Philosophy at Princeton (summa cum laude) and was selected for a Rhodes Scholarship. He was awarded a B.S.-M.A. from Oxford and earned his Ph.D. in Economics at Harvard.<\/p>\n<p align=\"justify\">He taught at Stanford as an Associate Professor of Economics, then he served as Professor of Economics and Business Administration at Harvard. In 1983 he was named Chairman of the Economics Department and George Gund Professor of Economics and Business Administration. Spence was awarded the John Kenneth Galbraith Prize for excellence in teaching and the John Bates Clark medal for a &#8220;significant contribution to economic thought and knowledge&#8221;.   <\/p>\n<p align=\"justify\">In 2001 he won, together with Akerlof and Stiglitz, the Nobel Prize &#8220;for his analyses of markets with asymmetric information&#8221;.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-l06s49nf-7b1a07ac01c644411ba4c6095b349d41\">\n#top .av-special-heading.av-l06s49nf-7b1a07ac01c644411ba4c6095b349d41{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-l06s49nf-7b1a07ac01c644411ba4c6095b349d41 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-l06s49nf-7b1a07ac01c644411ba4c6095b349d41 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-l06s49nf-7b1a07ac01c644411ba4c6095b349d41 av-special-heading-h2 blockquote modern-quote  avia-builder-el-18  el_after_av_textblock  el_before_av_textblock '><h2 class='av-special-heading-tag '  itemprop=\"headline\"  >Education:<\/h2><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-l06s4iua-5e946bdc9f2d6cc9c641270e4b095f57 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><ul>\n<li>B.A. in Philosophy (summa cum laude), Princeton University, 1966<\/li>\n<li>B.A.-M.A. in Mathematics, Oxford University, 1968<\/li>\n<li>Ph.D. in Economics, Harvard University, 1972<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-gv3kkw-e7a3cd1ce34b0d70b8edaea054093b16\">\n#top .av-special-heading.av-gv3kkw-e7a3cd1ce34b0d70b8edaea054093b16{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-gv3kkw-e7a3cd1ce34b0d70b8edaea054093b16 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-gv3kkw-e7a3cd1ce34b0d70b8edaea054093b16 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-gv3kkw-e7a3cd1ce34b0d70b8edaea054093b16 av-special-heading-h2 blockquote modern-quote  avia-builder-el-20  el_after_av_textblock  el_before_av_textblock '><h2 class='av-special-heading-tag '  itemprop=\"headline\"  >Selected Works:<\/h2><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-kzf5arvx-223a559b699c91c5c93e315fff2fd2f1 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><ul>\n<li>Growth Strategies and Dynamics, con Mohamed El-Erian, World Economics, Vol.9, No.1, gennaio-marzo 2008<\/li>\n<li>Post Crisis Growth in the Development World, Commission on Growth and Development, ottobre 2009<\/li>\n<li>M. A. Spence, Reconciling Fragmented Economic Policies, Antitrust in the 1980s, Conference Board, New York, 1982<\/li>\n<li>M. A. Spence, Competition, Entry, and Antitrust Policy, Strategy, Predation, and Antitrust Analysis, Federal Trade Commission, 1981<\/li>\n<li>M. A. Spence, The Learning Curve and Competition, Bell Journal of Economics, 1981<\/li>\n<li>M. A. Spence, Industrial Organization in an Open Economy, Harvard University Press, 1980<\/li>\n<li>M. A. Spence, Advertising and Entry Barriers, Quarterly Journal of Economics, 1980<\/li>\n<li>M. A. Spence, Investment, Strategy, and Growth in a New Market, Bell Journal of Economics, 1979<\/li>\n<li>M. A. Spence, We Are All in It Together, pubblicato per la prima volta il 5 Gennaio 2007 su The Wall Street Journal<\/li>\n<\/ul>\n<\/div><\/section><\/p><\/div><div  class='flex_column av-fl4h8w-28029dcf709a1abb04b159112a8b2ade av_one_third  avia-builder-el-22  el_after_av_two_third  avia-builder-el-last  flex_column_div  '     ><div  class='avia-builder-widget-area clearfix '><div id=\"custom_html-3\" class=\"widget_text widget clearfix widget_custom_html\"><div class=\"textwidget custom-html-widget\">\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-dskg1y-7640993e4bf78f89128063a9fecf1497\">\n.av_promobox.av-dskg1y-7640993e4bf78f89128063a9fecf1497{\ncolor:#ffffff;\nbackground:#444444;\nborder-color:#333333;\n}\n<\/style>\n<div  class='av_promobox av-dskg1y-7640993e4bf78f89128063a9fecf1497 avia-button-no'><div class='avia-promocontent'><h3 style=\"text-align: center;\"><span style=\"color: #ffffff;\">To know costs and 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