Carliss Y. Baldwin is the William L. White Professor of Business Administration at the Harvard Business School. She studies the process of design and its impact of design architecture on firm strategy, platforms, and business ecosystems. With Kim Clark, she authored Design Rules, Volume 1: The Power of Modularity. Her work has been published in a variety of leading journals including Strategic Management Journal, Organization Science, Management Science, Research Policy and Harvard Business Review. She has won numerous awards for research: most recently, she received a Doctor honoris causa from the Technical University Munich in 2014, and in 2015 was named the Distinguished Scholar of the Technology and Innovation Management (TIM) division of the Academy of Management. Carliss has a Doctorate and MBA from Harvard Business School, and an SB in Economics from MIT. She studied finance under Robert C. Merton, Franco Modigliani, and John Lintner. At Harvard Business School, she developed and taught Mergers & Acquisitions , a second-year elective MBA course, and presently teaches E-Lab, a second-year course course on entrepreneurship. She has written over 50 cases and notes for MBA and executive classes. In 2014, her case on Roche’s Acquisition of Genentech was named the best case in Finance, Accounting and Control by the Case Centre.