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Home | People | Enrico Pennings
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Enrico Pennings

Research Fellow

University
Erasmus University Rotterdam
Research field
Strategy and Entrepreneurship and Innovation
Interests
Industrial Organization, Innovation

Biography

Enrico Pennings is a professor of applied industrial organization at the Department of Applied Economics, the Erasmus School of Economics (ESE). Before joining the Erasmus School of Economics (ESE) he was an assistant professor at IGIER-Bocconi University in Milan and at the University Pompeu Fabra in Barcelona.

Key publications

Publications

Kerkemezos, Y., Pennings, E., Karreman, B. and van Reeven, P. (2023). Price asymmetries and the path dependence of market power: Evidence from the U.S. airline industry International Journal of Industrial Organization, 87.

Chung, B., Franses, P.H. and Pennings, E. (2023). Conditions that make ventures thrive: from individual entrepreneur to innovation impact Small Business Economics, 62(3):1177--1200.

Witte, CarolineT., Burger, MartijnJ., Ianchovichina, ElenaI. and Pennings, E. (2019). Correction to: Dodging bullets: The heterogeneous effect of political violence on greenfield FDI (Journal of International Business Studies, (2017), 48, 7, (862-892), 10.1057/s41267-017-0079-7) Journal of International Business Studies, 50(3):454--455.

Witte, C., Burger, M., Ianchovichina, E. and Pennings, E. (2017). Dodging bullets: the heterogeneous effect of political violence on greenfield FDI Journal of International Business Studies, 48(7):862--892.

Smit, H., Pennings, E. and van Bekkum, S. (2017). Real Options and Institutions Journal of International Business Studies, 48(5):620--644.

Pennings, E. (2017). Real Options with Ex-Post Division of the Surplus Journal of Banking and Finance, 81:200--206.

Reeven, P. and Pennings, E. (2016). On the Relation between Multimarket Contact and Service Quality: Mutual Forbearance or Network Coordination? Strategic Management Journal, 37(10):2121--2134.

van Bekkum, S., Smit, J.T.J. and Pennings, E. (2011). Buy Smart, Time Smart: Are Takeovers Driven by Growth Options or Mispricing? Financial Management, 40(4):911--940.

Pennings, E. and Sereno, L.(. (2011). Evaluating Pharmaceutial R&D udner Technical and Economic Uncertainty European Journal of Operational Research, 212(2):374--385.

Pennings, E. (2011). Unionization Structure, Licensing and Innovation International Journal of Industrial Organization, 29(2):232--241.

Duso, T., Pennings, E. and Seldeslachts, J. (2010). Learning dynamics in research alliances: A panel data analysis Research Policy, 39(6):776--789.

Pennings, E. and Altomonte, C. (2009). Domestic plant productivity and incremental spillovers from foreign direct investment Journal of International Business Studies, 40(7):1131--1148.

van Bekkum, S., Pennings, E. and Smit, H. (2009). A Real Options Perspective on R&D Portfolio Diversification Research Policy, 38(7):1150--1158.

Altomonte, C. and Pennings, E. (2008). Learning from foreign investment by rival firms: theory and evidence International Journal of Industrial Organization, 26(5):1203--1217.

Mukherjee, A. and Pennings, E. (2007). Corrigendum to 'Tariffs, licensing and market structure'. [European Economic Review 50, (2006), 1699-1707)] (DOI:10.1016/j.euroecorev.2005.08.005) European Economic Review, 51(5):1327--1328.

Coucke, K., Pennings, E. and Sleuwaegen, L. (2007). Employee layoff under different modes of restructuring exit, downsizing or relocation Industrial and Corporate Change, 16(2):161--182.

Pennings, E. and Altomonte, C. (2006). The Hazard Rate of Foreign Direct Investment: A Structural Estimation of a Real-option Model Oxford Bulletin of Economics and Statistics, 68(5):569--593.

Mukherjee, A. and Pennings, E. (2006). Tariffs, licensing and market structure European Economic Review, 50:1699--1707.

Pennings, E. (2005). How to Maximize Domestic Benefits from Foreign Investments: The Effect of Irreversibility and Uncertainty Journal of Economic Dynamics and Control, 29:873--889.

Pennings, E. and Sleuwaegen, L. (2004). The choice and timing of foreign direct investment under uncertainty Economic Modelling, 21(6):1101--1115.

Sleuwaegen, L. and Pennings, E. (2000). International relocation: Firm and industry determinants Economics Letters, 67(2):179--186.

Pennings, E. (2000). Taxes and Stimuli of Investment under Uncertainty European Economic Review, 44:383--391.

Pennings, E. and Lint, L.(. (2000). Market Introduction, Phased Rollout or Abandonment? A Real Option Approach European Journal of Operational Research, 124:125--138.

Pennings, E. (1998). How to Finance your Investment Opportunity Internally: A Note The Journal of Futures Markets, 18:599--604.

Pennings, E. and Lint, O. (1997). The option value of advanced R & D European Journal of Operational Research, 103(1):83--94.