Lidija Polutnik is a Professor of Economics at Babson College in Wellesley, USA, where she has served as Chair of the Economics Division since January 2005. She teaches mostly in the MBA program and in the area of managerial economics, competitiveness and pricing analysis. She lectures regularly in the Executive MBA Program at the University of Bologna, Italy and has close ties with the Department of Applied IT, University of Gothenburg. Her work has been published in numerous academic journals and books including: The European Accounting Review, Advances in Management Accounting, Journal of Cost Management, Journal of Corporate Accounting and Finance, Industrial Relations Journal, and Comparative Economic Studies Journal.