Prof. Dr. Hanna Hottenrott

Room: 0505.02.518

Phone: +49 (89) 289 - 28148

E-Mail: hanna.hottenrott[at]tum.de

Office hours: by appointment


Academic Career

Professor Hottenrott’s areas of interest involve industrial economics and applied microeconomics. Her research examines the economics of innovation, science and technological change. Since April 2023 she heads the research department for Economics of Innovation and Industrial Dynamics at the Leibniz Centre for European Economic Research (ZEW)

She holds an advanced degree in economics from the University of Heidelberg and obtained a PhD in applied economics from KU Leuven (Belgium) in 2010. At KU Leuven she was affiliated with the Department of Managerial Economics, Strategy and Innovation and worked on topics relating to the financing of research and development (R&D) in the business sector. After graduating she was awarded a fellowship from the Flemish Science Foundation (FWO) and investigated questions in the fields of innovation and science policy.

In 2013 she accepted an assistant professorship at the Düsseldorf Institute for Competition Economics (DICE) of the University of Düsseldorf before joining TUM School of Management in May 2016. Prof. Hottenrott is also a core member of the Munich Data Science Institute.


Research areas

  • Economics of innovation
  • Economics of science
  • Industrial economics
  • Technology policy
  • Applied econometrics

Recent Publications (selected)

  • Füner, Lena; Berger, Marius; Bersch, Johannes; Hottenrott, Hanna: Local Networks and New Business Formation. SSRN Electronic Journal, 2024 more…
  • Gottschalk, Sandra; Hottenrott, Hanna: Das Gründungsgeschehen in Deutschland. Wirtschaftsdienst 104 (1), 2024, 64-66 more…
  • Schoonjans, Eline, Hanna Hottenrott und Achim Buchwald: Welcome on Board? Appointment Dynamics of Women as Directors. In: Discussion Paper Nr. 23-005. ZEW, Mannheim, 2023 more…
  • Hottenrott, Hanna und Gary Chapman: Founder Personality and Start-up Subsidies. In: Discussion Paper Nr. 23-008. ZEW, Mannheim, 2023 more…
  • Schoonjans, Eline; Hottenrott, Hanna; Buchwald, Achim: Welcome on Board? Appointment Dynamics of Women as Directors. Journal of Business Ethics. , 2023 more…
  • Chapman, Gary; Hottenrott, Hanna: Founder Personality and Start-up Subsidies. Industry and Innovation 31 (2), 2023, 241-270 more…
  • Breithaupt, Patrick; Hottenrott, Hanna; Rammer, Christian; Römer, Konstantin: Mapping Employee Mobility and Employer Networks Using Professional Network Data. SSRN Electronic Journal, 2023 more…
  • Rodepeter, Elisa; Gschnaidtner, Christoph; Hottenrott, Hanna: Big Data and Start-up Performance. SSRN Electronic Journal, 2023 more…
  • Julian Schwierzy; Robert Dehghan; Sebastian Schmidt; Elisa Rodepeter; Andreas Stoemmer; Kaan Uctum; Jan Kinne; David Lenz; Hanna Hottenrott: Technology Mapping Using WebAI: The Case of 3D Printing. arXiv:2201.01125 , 2022, more…
  • Champan, Gary and Hottenrott, Hanna: Green Start-Ups and the Role of Founder Personality. 2022, more…
  • Hottenrott, Hanna: Financing constraints for innovation. In: Antonelli, Cristiano (Ed.): Elgar Encyclopedia on the Economics of Knowledge and Innovation . Elgar Online, 2022, 153-156 more…
  • Hottenrott, Hanna: Research and development subsidies. In: Antonelli, Cristiano (Ed.): Elgar Encyclopedia on the Economics of Knowledge and Innovation . Elgar Online, 2022, 420-424 more…
  • Chapman, Gary; Hottenrott, Hanna: Green Start-ups and the Role of Founder Personality. Journal of Business Venturing Insights, 2022 more…
  • Becker, Annette; Hottenrott, Hanna; Mukherjee, Anwesha: Division of labor in R&D? Firm size and specialization in corporate research. Journal of Economic Behavior & Organization 194, 2022, 1-23 more…
  • Hanna Hottenrott; Cornelia Lawson: What’s Behind Multiple Institutional Affiliations in Academia? ZEW Discussion Paper No. 21-035, Mannheim, 2021, more…
  • Heyard, Rachel; Philipp,Tobias; Hottenrott, Hanna: Imaginary carrot or effective fertiliser? A rejoinder on funding and productivity. Scientometrics, 2021 more…
  • Heyard, Rachel; Hottenrott, Hanna: The Value of Research Funding for Knowledge Creation and Dissemination: A study of SNSF Research Grants. Humanities and Social Sciences Communications 8, 2021, 217 more…
  • Hottenrott, Hanna; Lawson, Cornelia: What’s behind multiple institutional affiliations in academia? Science and Public Policy, 2021 more…
  • Hanna Hottenrott; Michael E. Rose; Cornelia Lawson: The Rise of Multiple Institutional Affiliations in Academia. Journal of the Association for Information Science and Technology 72 (8), 2021, 1039-1058 more…
  • Georg Krücken; Guido Bünstorf; Uwe Cantner; Jetta Frost; Thomas Grebel; Julian Hamann; Hanna Hottenrott; Anna Kosmützky; Frank Meier; Uwe Schimank; Kathia Serrano Velarde: Multipler Wettbewerb im Hochschulsystem – Interdisziplinäre Perspektiven und wissenschaftspolitische Implikationen. Das Hochschulwesen 03-2021, 2021 more…
  • Gary Chapman; Hanna Hottenrott: Founder Personality and Start-up Subsidies. Founder Personality and Start-up Subsidies, 2021 more…
  • Berger, Marius; Hottenrott, Hanna: Start-up subsidies and the sources of venture capital. Journal of Business Venturing Insights 16, 2021, e00272 more…
  • Hottenrott, Hanna; Lawson, Cornelia: What’s Behind Multiple Institutional Affiliations in Academia? SSRN Electronic Journal, 2021 more…
  • Hottenrott, Hanna; Menter, Matthias: The Socialization of Doctoral Students in the Emergence of Structured Doctoral Education in Germany. In: John C. Weidman; Linda DeAngelo (Ed.): Socialization in Higher Education and the Early Career: Theory, Research and Application. Springer, 2020, 266-314 more…
  • Baumann, Florian; Buchwald, Achim; Friehe, Tim; Hottenrott, Hanna; Mechtel, Mario: Beschränktes Alkoholverkaufsverbot in Baden- Württemberg: wirksames Gesetz abgeschafft. Wirschaftsdienst - Zeitschrift für Wirtschaftspolitik 100 (1), 2020, 60-63 more…
  • Hottenrott, Hanna; Richstein, Robert: Start-up subsidies: Does the policy instrument matter? Research Policy 49 (1), 2020, 103888 more…
  • Roman Fudickar; Hanna Hottenrott: Research at the Frontier of Knowledge: Comparing text similarity indicators to citations for measuring scientific excellence. Research at the Frontier of Knowledge: Comparing text similarity indicators to citations for measuring scientific excellence, 2020 more…
  • Hottenrott, Hanna; Buchwald, Achim: Women on the Board and Executive Tenure. Managerial and Decision Economics 40, 2019, 741– 760 more…
  • Fudickar, Roman; Hottenrott, Hanna: Public Research and the Innovation Performance of New Technology Based Firms. The Journal of Technology Transfer 44 (2), 2019, 326–358 more…
  • Buchwald, Achim; Baumann, Florian; Friehe, Tim; Hottenrott, Hanna; Mechtel, Mario: The effect of a ban on late-night off-premise alcohol sales on violent crime: Evidence from Germany. International Review of Law and Economics 60, 2019, 105850 more…
  • Hottenrott, Hanna; Lopes-Bento, Cindy: Research versus Development: When are R&D Subsidies most Effective? ifo DICE Report IV (IV-2019 (Winter)), 2019, 16-19 more…
  • Hottenrott, Hanna; Lins, Elmar; Lutz, Eva: Public subsidies and new ventures’ use of bank loans. Economics of Innovation and New Technology 27, 2018, 786-808 more…
  • Fudickar, Roman; Hottenrott, Hanna; Lawson, Cornelia: What’s the price of academic consulting? Effects of public and private sector consulting on academic research. Industrial and Corporate Change 27 (4), 2018, 699–722 more…
  • Hottenrott, Hanna; Lawson, Cornelia: A first look at multiple institutional affiliations: a study of authors in Germany, Japan and the UK. Scientometrics 111 (1), 2017, 285–295 more…
  • Hottenrott, Hanna; Lawson, Cornelia: Fishing for Complementarities: Research Grants and Research Productivity. International Journal of Industrial Organization 51 (1), 2017, 1-38 more…
  • Hottenrott, Hanna; Lopes-Bento, Cindy; Veugelers, Reinhilde: Direct and Cross-Scheme Effects in a Research and Development Subsidy Program. Research Policy 46 (6), 2017, 1118-1132 more…
  • Czarnitzki, Dirk; Hottenrott, Hanna: Inter-Organizational Collaboration and Financing Constraints for R&D. Economics Letters 161, 2017, 15-18 more…
  • Hottenrott, Hanna; Lawson, Cornelia: Flying the nest: how the home department shapes researchers’ career paths. Studies in Higher Education 42 (6), 2017, 1091-1109 more…
  • Baumann, Florian; Buchwald, Achim; Friehe, Tim; Hottenrott, Hanna; Weche, John: Tax Enforcement and Corporate Profit Shifting. Applied Economics Letters 24 (3), 2017, 902-905 more…
  • Hottenrott, Hanna: Wie Frauen in Aufsichtsräten die Corporate Governance verändern. DICE Policy Brief, 2016, more…
  • Herr, Annika; Hottenrott, Hanna: Higher Prices, Higher Quality? Evidence From German Nursing Homes. DICE Discussion Paper No. 208 (Düsseldorf) , 2016, more…
  • Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde: Organisational Change and the Productivity Effects of Green Technology Adoption. DICE Discussion Paper No. 206 (Düsseldorf) , 2016, more…
  • Herr, Annika; Hottenrott, Hanna: Higher prices, higher quality? Evidence from German nursing homes. Health Policy 120 (2), 2016, 179-189 more…
  • Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde: Organisational change and the productivity effects of green technology adoption. Resource and Energy Economics 43, 2016, 172-194 more…
  • Hottenrott, Hanna; Lopes-Bento, Cindy: R&D Partnerships and Innovation Performance: Can There Be too Much of a Good Thing? Journal of Product Innovation Management 33 (6), 2016, 773–794 more…
  • Hottenrott, Hanna; Hall, Bronwyn H.; Czarnitzki, Dirk: Patents as quality signals? The implications for financing constraints on R&D. Economics of Innovation and New Technology 25 (3), 2016, 183-334 more…
  • Buchwald, Achim; Hottenrott, Hanna: Women on the Board and Executive Duration – Evidence for European Listed Firms. DICE Discussion Paper No. 178 (Düsseldorf) , 2015, more…
  • Demeulemeester, Sarah; Hottenrott, Hanna: R&D Subsidies and Firms’ Cost of Debt. DICE Discussion Paper No. 201 (Düsseldorf) , 2015, more…
  • Fudickar, Roman; Hottenrott, Hanna; Lawson, Cornelia: What’s the Price of Consulting? Effects of Public and Private Sector Consulting on Academic Research. DICE Discussion Paper No. 212 (Düsseldorf) , 2015, more…
  • Hottenrott, Hanna; Lawson, Cornelia: Flying the Nest: How the Home Department Shapes Researchers’ Career Paths. DICE Discussion Paper No 153 (Düsseldorf) , 2015, more…
  • Hottenrott, Hanna; Rexhäuser, Sascha: Policy-Induced Environmental Technology and Inventive Efforts: Is There a Crowding Out? Industry and Innovation 22 (5), 2015, 375-401 more…
  • Hottenrott, Hanna; Lopes-Bento, Cindy: Quantity or quality? Knowledge alliances and their effects on patenting. Industrial and Corporate Change 24 (5), 2015, 981-1011 more…
  • Hottenrott, Hanna: Wie staatliche Förderung privater Forschung und Entwicklung wirkt. DICE Policy Brief, 2014, more…
  • Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde: Climate-Related Innovations, Crowding Out, and Their Impact on Competitiveness. ZEW Mannheim, 2014, more…
  • Czarnitzki, Dirk; Hall, Bronwyn H.; Hottenrott, Hanna: Patents as Quality Signals: The Implications for Financing R&D. NBER Working Paper No. 19947 (Cambridge, MA) , 2014, more…
  • Hottenrott, Hanna; Lopes-Bento, Cindy; Veugelers, Reinhilde: Direct and Cross-Scheme Effects in a Research and Development Subsidy Programme. DICE Discussion Paper No. 152 (Düsseldorf) , 2014, more…
  • Lopes-Bento, Cindy; Hottenrott, Hanna: R&D Partnerships and Innovation Performance: Can There be too Much of a Good Thing? DICE Discussion Paper No 154. (Düsseldorf) , 2014, more…
  • Hottenrott, Hanna; Lopes-Bento, Cindy: (International) R&D collaboration and SMEs: The effectiveness of targeted public R&D support schemes. Research Policy 43, 2014, 1055-1066 more…
  • Hottenrott H; Lawson C: Research Grants, Sources of Ideas and the Effects on Academic Research. Economics of Innovation and New Technology 23 (2), 2014, 109-133 more…
  • Hottenrott, Hanna; Lawson, Cornelia: Fishing for Complementarities: Competitive Research Funding and Research Productivity. DICE Discussion Paper No. 129 (Düsseldorf) , 2013, more…
  • Hottenrott, Hanna; Rexhäuser, Sascha: Policy-Induced Environmental Technology and Inventive Efforts: Is There a Crowding Out? DICE Discussion Paper No. 128 (Düsseldorf) , 2013, more…
  • Czarnitzki, Dirk; Hottenrott, Hanna: Collaborative R&D as a Strategy to Attenuate Financing Constraints. ZEW Discussion Paper No. 12-049 (Mannheim) , 2012, more…
  • Hottenrott, Hanna; Lawson, Cornelia: Research Grants, Sources of Ideas and the Effects on Academic Research. ZEW Discussion Paper No. 12-048 (Mannheim) , 2012, more…
  • Hottenrott, Hanna; Lopes-Bento, Cindy: Quantity or Quality? Collaboration Strategies in Research and Development and Incentives to Patent. ZEW Discussion Paper No. 12-047 (Mannheim) , 2012, more…
  • Hottenrott, Hanna; Lopes-Bento, Cindy: (International) R&D Collaboration and SMEs: The Effectiveness of Targeted Public R&D Support Schemes. ZEW Discussion Paper No. 12-086 (Mannheim) , 2012, more…
  • Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde: Green Innovations and Organizational Change: Making Better Use of Environmental Technology. ZEW Discussion Paper No. 12-043 (Mannheim) , 2012, more…
  • Hottenrott, Hanna: The Role of Research Orientation for Attracting Competitive Research Funding. In: Audretsch/Lehmann/Link/Starnecker (Ed.): International Handbook Series on Entrepreneurship. Springer, 2012, 35-49 more…
  • Hottenrott, Hanna: The Role of Research Orientation for Attracting Competitive Research Funding. In: International Handbook Series on Entrepreneurship. Springer, 2012 more…
  • Hottenrott, Hanna; Peters, Bettina: Innovative Capability and Financing Constraints for Innovation: More Money, More Innovation? Review of Economics and Statistics 94, 2012, 1126-1142 more…
  • Hottenrott, Hanna: The Role of Research Orientation for Attracting Competitive Research Funding. FBE Research Report (MSI 1104) (Leuven) , 2011, more…
  • Hottenrott, Hanna; Thorwarth, Susanne: Industry Funding of University Research and Scientific Productivity. Kyklos 64, 2011, 534-555 more…
  • Czarnitzki, Dirk; Hottenrott, Hanna: Financial Constraints: Routine Versus Cutting Edge R&D Investment. Journal of Economics & Management Strategy 20, 2011, 121-157 more…
  • Czarnitzki, Dirk; Hottenrott, Hanna: R&D investment and financing constraints of small and medium-sized firms. Small Business Economics 36, 2011, 65-83 more…
  • Czarnitzki, D.; Hottenrott, H.; Thorwarth, S.: Industrial research versus development investment: the implications of financial constraints. Cambridge Journal of Economics 35, 2011, 527-544 more…
  • Czarnitzki, Dirk; Hottenrott, Hanna: Financing Constraints for Industrial Innovation: What do we Know? FBE Research Report (MSI 1004) (Leuven) , 2010, more…
  • Hottenrott, Hanna; Thorwarth, Susanne: Industry Funding of University Research and Scientific Productivity. ZEW Discussion Paper No. 10-105 (Mannheim) , 2010, more…
  • Hottenrott, Hanna; Czarnitzki, Dirk: Financing Constraints for Industrial Innovation: What do we know? Review of Business and Economic Literature 55 (3), 2010 more…
  • Czarnitzki, Dirk; Hottenrott, Hanna: Financing constraints for industrial innovation: What do we know? European Commission, Expert Group on Impacts of R&D Tax Incentives (Brussels) , 2009, more…
  • Czarnitzki, Dirk; Hottenrott, Hanna; Thorwarth, Susanne: Industrial Research versus Development Investment: The Implications of Financial Constraints. ZEW Discussion Paper No. 09-049 (Mannheim) , 2009, more…
  • Hottenrott, Hanna; Peters, Bettina: Innovative Capability and Financing Constraints for Innovation More Money, More Innovation? ZEW Discussion Paper No. 09-081 (Mannheim) , 2009, more…
  • Andries, Petra; Czarnitzki, Dirk; Hoskens, Machteld; Hottenrott, Hanna: Innovatie-Inspanningen van Vlaamse Ondernemingen: Kernresultaten van de CIS 2007-Enquete. In: Debackere, Koenraad; Veugelers, Reinhilde (Ed.): Vlaams Indicatorenboek Wetenschap, Technologie en Innovatie 2009. Vlaamse Overheid , 2009, 117-128 more…
  • Czarnitzki, Dirk; Hottenrott, Hanna: Are Local Milieus the Key to Innovation Performance? Journal of Regional Science 49, 2009, 81-112 more…