Research interests: Innovation, Entrepreneurship, R&D Policy, Causal Inference


[6] Bammens, Y., Hünermund, P. (2020). Nonfinancial considerations in eco‐innovation decisions: The role of family ownership and reputation concerns. Journal of Product Innovation Management, 37(5): 431–453.

Paper won FFI Best Quantitative Paper Award at European Academy of Management (EURAM) 2018 Conference in Reykjavik, Iceland

[5] Andries, P., Hünermund, P. (2020). Firm-level effects of staged investments in innovation: The moderating role of resource availability. Research Policy, 49(7).

Preprint, Supplemental Material

[4] Czarnitzki, D., Hünermund, P., and Moshgbar, N. (2020). Public Procurement of Innovation: Evidence from a German Legislative Reform. International Journal of Industrial Organization, 71.

Media coverage: Oekonomenstimme, ZEWnews

[3] Hünermund, P., Czarnitzki, D. (2019). Innovation Policy and Causality. ifo DICE Report 4 / 2019 (Winter): Innovation Policy, 3–6.

[2] Hünermund, P., and Czarnitzki, D. (2019). Estimating the Causal Effect of R&D Subsidies in a Pan-European Program. Research Policy, 48(1): 115–124.

Preprint, Supplemental Material
Media coverage: Voxeu, Oekonomenstimme, ZEW Aktuell

[1] Hünermund P. “Do Most Companies Even Try to Innovate Anymore?”. Harvard Business Review, April 2017.

Current Research Projects:

“Nonfinancial and Temporal Preferences: How Family Owners’ Transgenerational Intentions Shape Innovation Spending” (with Yannick Bammens and Petra Andries, Revise & Resubmit at Journal of Management Studies)

“A Global Decline in Research Productivity? Evidence from China and Germany” (with Philipp Böing, Revise & Resubmit at Economics Letters)

“Causal Inference and Data-Fusion in Econometrics” (with Elias Bareinboim)

“The effect of publicly co-funded industry-science collaboration on scientific production” (with Cindy Lopes-Bento and Maikel Pellens, submitted for publication)

“Ecological Community Logics, Identifiable Business Ownership, and Green Innovations as a Company Response” (with Yannick Bammens, submitted for publication)

“On the Nuisance of Control Variables in Regression Analysis” (with Beyers Louw, submitted for publication)

Other publications:

Hünermund, P., Schmidt-Dengler, P., and Takahashi Y. (2014). Entry and Shakeout in Dynamic Oligopoly. ZEW Discussion Paper No. 14-116.