Prof Emer. Shlomo Maital

Economics|*|Behavioral Science and Management



Shlomo Maital is the Academic Director of TIM-Technion Institute of Management, Israel's leading executive leadership development institute and a pioneer in action-learning methods.  He was summer Visiting Professor for 20 years in MIT Sloan School of Management's Management of Technology M.Sc. program, teaching over 1,000 R&D engineers from 40 countries.  He is the author co-author or editor of 8 books, including Innovation Management (Sage, 2007);  Executive Economics (The Free Press), translated into seven languages, and Managing New Product Development & Innovation.  He is co-editor of a new journal, International Journal of Technology &Innovation Management Education.  He was co-founder of SABE-Societyfor Advancement of Behavioral Economics.  He has published over 80 scholarly articles in refereed journals.    He has written guest editorials for Barron's, and writes regular columns for The Marker (Haaretz business daily) and Jerusalem Report (fortnightly).  He served as Director of the National & Economic Planning Authority, Economics Ministry, Government of Israel.    He has taught managers from 200 Israeli companies.  His research currently focuses on profit-driven innovation -- how to combine creativity and discipline to achieve marketplace success. 


 Shlomo Maital is married, with four children and eight grandchildren. He is an avid jogger and completed the New York marathon in 1985 in 3 hours and 51 minutes, and in April, completed the Boston marathon in about 5 hours.

Selected Publications

  • Shlomo Maital, Minds, Markets and Money: Psychological Foundations of Economic Behavior, Basic Books: New York, 1982, x + 310 pages. (hardcover and paperback). (reviewed in: The New York Times, Wall Street Journal, Barron's Business Week, New Republic, Newsday, Contemporary Psychology) 
  • Shlomo Maital and Sharone L. Maital, Economic Games People Play. Basic Books: New York, 1985, xii + 339 pages (reviewed in the New York Times Book Review). 
  • Shlomo Maital. Executive Economics: Ten Essential Tools for Managers. The Free Press: New York, June 1994, 300 pages. foreign language edition: Coste, Precio, Valor (Ediciones Deusto: Bilbao, Spain, November 1995). translated into Italian, Russian, Portuguese, Spanish, Hebrew, Korean. 
  • H. Grupp and S. Maital. Managing New Product Development and Innovation: A Microeconomic Toolbox.Edward Elgar Publishing Ltd.: Cheltenham, UK, Dec. 2000, 330 Pages.
  • S. Maital, A. Pierides. Reinventing Cyprus: The Role of Enterprise in the Era of Innovation. Nicosia, Cyprus: Dec. 2003.
  • S. Maital. D.V.R. Seshadri. Innovation Management: Strategies, Concepts and Tools for Growth and Profit. SAGE India (Response Books), Dec. 2006.


  1. Shlomo Maital and Noah M. Meltz, editors, Lagging Productivity Growth: Causes and Remedies. Ballinger: Cambridge, MA, 1981, 303 pages.
  2. Shlomo Maital and Irwin Lipnowski, editors, Macroeconomic Conflict and Social Institutions, Ballinger: Cambridge, MA, 1985, xi + 249 pp.
  3. Shlomo Maital, editor, Applied Behavioral Economics. Wheatsheaf Books: Brighton, U.K.: 1988. 2 volumes, 1024 pp.
  4. Sharone L. Maital and Shlomo Maital, editors. Economics & Psychology. volume in the International Library of Critical Writings in Economics, under the general editorship of Marc Blaug. Edward Elgar: London, 1993, xviii + 593 pages.
  5. Gerrit Antoniedes, Shlomo Maital, Fred van Raaij, editors. Advances in Economic Psychology. John Wiley & Sons: New York, 1997. xvi + 320 pp.
  6. S. Maital, ed. Recent Advances in Behavioral Economics. Edward Elgar: Cheltenham, UK: 2007. rgb(133, 224, 224);">Academic Publications (since 1998):

  • Jeffrey Kantor and Shlomo Maital. "Benchmarking Branch Bank Efficiency: A DEA Approach with Activity-Based Costing" ,Journal of Cost Accounting, special issue on DEA: 1998. 
  • Hariolf Grupp & Shlomo Maital. "Interpreting the Sources of Market Value in a Capital Goods Market: R&D Management in Industrial Sensors." R&D Management, 1998. 
  • Asaf Ben Arieh, Hariolf Grupp & Shlomo Maital. "Optimal Incremental Innovation: A Mathematical Programming Approach for Integrating R&D and Marketing". Research Evaluation, 1998. 
  • Jeffrey Kantor and Shlomo Maital. Integrating Activity-based Costing with Data Envelopment Analysis: The Case of a Large Mideast Bank.Interfaces, 1999. 
  • Shlomo Maital and Alexander Vaninsky. "Data envelopment analysis with a single DMU: A graphic projected-gradient approach". European Journal of Operational Research, 1999. 
  • Hariolf Grupp and Shlomo Maital. "Perceived Innovation of Israel's Largest Firms: An Empirical Study". Technovation, 2000. 
  • Shlomo Maital and Alexander Vaninsky. " "Data Envelopment Analysis with Resource Constraints: An Alternative Model with Non-discretionary Factors".European Journal of Operational Research, 2000. 
  • Shlomo Maital and Alexander Vaninsky. "Productivity Paradoxes and their Resolution". Journal of Productivity Analysis , Volume14, Number 2 or 3, November 2000. 
  • Amnon Frenkel, Hariolf Grupp, Shlomo Maital. "Measuring Dynamic Technical Change: a Technometric Approach".International Journal of Technology Management, 2000. 
  • Igor Gurkov and Shlomo Maital. "How Will Russia's Future Ceo's Manage? A Large-Sample Survey of Attitudes toward Loyalty, Leadership and Teamwork among Mid-level and Senior Russian Industrial Managers With Implications for Western Investors".Journal of East European Management, 2001. 
  • Ofer Meseri and Shlomo Maital. "A Survey Analysis of University-Technology Transfer in Israel: Evaluation of Projects and Determinants of Success". Journal of Technology Transfer, Vol. 26, no. 1, Jan. 2001, p. 115-125. 
  • Ofer Meseri and Shlomo Maital. "A Survey Analysis of University-Technology Transfer in Israel: Evaluation of Projects and Determinants of Success". Journal of Technology Transfer, Vol. 26, no. 1, Jan. 2001, p. 115-125. 
  • Shlomo Maital. "the Virtual Classroom". In: Catharine Walker and Paul Webley, editors, Handbook for the Teaching of Economic Psychology and Consumer Economics. Kluwer, 1999. 
  • Shlomo Maital. "Modelling Economic Behavior with System Dynamics -- Theory & Practice" In: Shoshana Grosbard-Shechtman, editor. The Expansion of Economics. ME Sharpe & Co.: 2001. 
  • Shlomo Maital, Galit Gilan, Sherry Cizin. "TIM-Technion Institute of Management: Action Learning in Israel", in Y. Boshyk,Action Learning Worldwide: Macmillan, London and New York, 2001.