Firm Behavior, Innovation and the Functioning of Markets
We do empirical and theoretical research on firm behavior, innovations and the functioning of markets. Our research contributes to academic and public debates about four major challenges. First, we investigate the relationships between innovation, entrepreneurship, productivity and growth. This includes studies on, which types of entrepreneurial firms perform better than others, how intellectual property rights influence firms鈥� incentives to innovate, how firms鈥� bank relationship might interact with their incentives to innovative, or how changes in transportation infrastructure changes firms鈥� productivity. Second, we analyze which consequences the green transition and increased climate risks have on firms, different markets, and different industries. This research tries to answer questions like, how should the design of electricity markets or the pricing and regulation of energy networks be adapted to more electricity being produced from renewables and/or in a much more decentralized way, how are housing prices influenced by major investments in the public transport infrastructure, or which effects have increased climate risks on firms鈥� innovations. Third, we investigate how optimal regulations should be designed in the face of new (or old) social challenges. This research focusses on questions, such as: How do alternative ways to provide health care affect social welfare and equality? Which negative or positive externalities are created in the housing market due to regulations like parking rules, tax rules or how to decide on changes in commonly owned areas? Finally, we study, which impact the digitalization of the economy had on firms and households. What were the consequences for firms, which invested in the digital skills of their employees, and for those, which did not do so. Which drivers of the digitalization process can be identified in public and private organizations in Denmark?
Faculty
Karin Hansson
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External Funding
International and national public and private foundations have supported the research carried out in our group. Currently group members are, for example, involved in the following externally funded project:
Rockwool Foundation, DKK 6.5 million (Project: 鈥淯nderstanding Entrepreneurship Dynamics鈥�), 2020-2024, Anders S酶rensen (PI), Marek Giebel, and others from ECON.
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Courses
Our group teaches courses in Industrial Organization, the Economics of Information and Contracts, Urban Economics, Energy Markets and Energy Economics, Environmental Economics and Sustainable Development, mainly at the graduate level.
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Publications
We publish in highly ranked academic journals. A few recent examples can be found below:
Anette Boom and Stefan Buehler (2020), , Journal of Economics & Management Strategy,29 (1), pp. 210-237.
Anette Boom and Sebastian Schwenen (2021), , Journal of Regulatory Economics, 60 (2-3), pp. 193-213.
Marek Giebel and Kornelius Kraft (2019), , The Journal of Industrial Economics, 67(1), pp. 91-126.
Marek Giebel and Kornelius Kraft (2020), , Journal of Banking & Finance, 121, 105961.
Sai Amulya Nyathikala, Tooraj Jamasb, Manuel Llorca and Mukul Kulshrestha (2023), , Utilities Policy, 82, 101534.
Golnoush Soroush, Carlo Cambini, Tooraj Jamasb and Manuel Llorca (2021), , Energy Economics, 96, 105177.
van Ommeren, J., M. McIvor, I. Mulalic and E. Inci. 2021. . Transportation Research Part B, 145C, pp. 274-269.
McKenna, R., J.M. Weinand, I. Mulalic, S. Petrovic, K. Mainzer, T. Preis and H.S. Moat. 2021. . Nature Energy, 6, pp. 663-672.
Kathryn L. Shaw and Anders S酶rensen (2022), 鈥淐oming of Age: Watching Young Entrepreneurs Become Successful鈥�, Labour Economics, Volume 77, August, DOI: 听
Lene Kromann and Anders S酶rensen (2019), 鈥淎utomation, Performance and International Competition: Firm-level Comparisons of Process Innovation鈥�, Economic Policy, 34, issue 100, October 2019, 691鈥�722 - DOI: 听
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