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Dr Nikolaos Goumagias

Senior Lecturer

Department: Newcastle Business School

Dr Nikolaos Goumagias (phonetically: Nĭkôläôs Wŏŏmäyäs) is a Vice-Chancellor Research Fellow at Newcastle Business School of Northumbria University. His research activities fall within the broader scope of Digital Living Multidisciplinary Research Theme (MDRT) of the University, and specifically the Digital Business aspect of that. Nikolaos’ research revolves around decision making, entrepreneurship and business models.

Dr Nikolaos Goumagias obtained his Ph.D. in Applied Informatics (Operational Research) from the University of Macedonia in Greece. His thesis focused on modelling and studying the decision process of optimal taxation and tax evasion. Before that, he studied Accounting and Financial Management (MSc) at Lancaster University, and Economic Sciences (BSc Hons) at Aristotle University of Thessaloniki, majoring at Business Economics.

He was previously positioned as a post-doctoral Research Fellow working on the EPSRC / ESRC funded project called NEMOG (New Economic Models for Digital Games) at Durham University Business School. His research focused on business model systematics, evolution and survivability. Collaboratively with the Centre for Process Innovation (Darlington) and the Association of Interactive Entertainment, UKIE, his research inspired the development of a strategic roadmap toolkit which was successfully used to assess and promote investment opportunities in the digital games sector.

Dr Nikolaos Goumagias is a member of the Academy of Management

Campus Address

Central Campus East 1


Computer Studies PhD August 31 2013

Key Publications

  • Please visit the Pure Research Information Portal for further information
  • The Internet of Things in Europe: In Search of Unicorns, Goumagias, N. 14 Jul 2020, The Internet of Things Entrepreneurial Ecosystems, Palgrave Pivot, Cham
  • Do unicorns exist in China? A study of the Chinese technological start-up ecosystem, Goumagias, N., Whalley, J., Cunningham, J. 18 Jun 2019
  • Estimating the wider value generated by UNESCO’s designations in the United Kingdom, Goumagias, N., Fernandes, K., Rabbagliatti, M., Purvis, K., Ferguson, A. 19 Sep 2019
  • How the Business Model of Customisable Card Games Influences Player Engagement, Hodge, V., Sephton, N., Devlin, S., Cowling, P., Goumagias, N., Shao, J., Purvis, K., Cabras, I., Fernandes, K., Li, F. 23 Dec 2019, In: IEEE Transactions on Computational Intelligence and AI in Games
  • Developing an innovation ecosystem: Policy, skills and operations, Fernandes, K., Goumagias, N., Shukla, M., Oxley, G., Purvis, K., Cabras, I., Xiong, Y., Seddighi, H., Watson, D., Coleman, P., Matthew, S., Issac, B., Mary Jacob, S. 31 May 2018
  • Using Deep Q-learning to understand the tax evasion behavior of risk-averse firms, Goumagias, N., Hristu-Varsakelis, D., Assael, Y. 1 Jul 2018, In: Expert Systems with Applications
  • Exploring survival rates of companies in the UK video-games industry, Cabras, I., Goumagias, N., Fernandes, K., Cowling, P., Li, F., Kudenko, D., Devlin, S., Nucciarelli, A. 1 Apr 2017, In: Technological Forecasting and Social Change
  • From value chains to technological platforms, Nucciarelly, A., Li, F., Fernandes, K., Goumagias, N., Cabras, I., Devlin, S., Kudenko, D., Cowling, P. 1 Sep 2017, In: Journal of Business Research
  • A Conceptual Framework of Business Model Emerging Resilience, Goumagias, N., Fernandes, K., Cabras, I., Li, F., Shao, J., Hodge, V., Cowling, P., Kudenko, D. 10 Jul 2016
  • A strategic roadmap for BM change for the video-games industry, Goumagias, N., Purvis, K., Fernandes, K., Cabras, I., Li, F., Shao, J., Devlin, S., Cowling, P., Kudenko, D. 14 Mar 2016


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