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Mercedes Teruel is full professor in the Department of Economics at the Universitat Rovira i Virgili (URV). After studying Business Sciences (1999) and Economics (2001), she obtained a Master's degree in Economics from the University of Essex (2005), and in 2006 she obtained her doctorate from the URV. From 2010 to 2017 she was responsible for the Economics degree and secretary to the Dean's Office. Since 2017 she has been Director of the Chair for the Promotion of Business Innovation and since 2021 she has been Coordinator of the Master's degree in Entrepreneurship and Innovation.
Her interests include business growth, industrial empirical organization and innovation. Her publications have appeared in journals such as Small Business Economics, Research Policy, Growth and Change, Industrial and Corporate Change, Journal of Economic Behaviour and Organization and Economics of Innovation and New Technology.
She is also Associate Editor of Applied Economic Analysis (2019), Advisory Editor of Research Policy (2021), and a member of the Editorial Board Review in Small Business Economics (2021).
She is the winner of the Richard R. Nelson Prize (2016) awarded by the editors of Industrial and Corporate Change and Research Policy. The prize recognizes an article (in alternating years) in Research Policy or Industrial and Corporate Change that has made a substantial contribution to the literature. The article is co-authored with Alexander Coad and is entitled "Inter-firm competition and firm growth: Is there any evidence of direct competition between firms?", published in Industrial and Corporate Change, 22, 397-425 (2013).