Seminar  |  26.01.2026 | 15:00  –  16:15

Innovation & Entrepreneurship Seminar: Global Science Sustains U.S. Innovation

Chris Esposito (UCLA)


hybrid (Raum 342/Zoom)

Like physical products, new technologies are developed using globally sourced inputs. But while the supply chains behind physical goods are well understood, we know far less about the international ”supply chain” of scientifi c knowledge that powers U.S. innovation—and how vulnerable it may be to disruption. Here, I uncover the structure of the U.S. knowledge supply chain by tracing multi-generational citation paths that connect NSF-funded research to downstream patents, and assess its fragility by simulating barriers that impede the fl ow of scientifi c knowledge across the U.S. border. The results reveal that U.S. innovation is deeply reliant on foreign science: 56% of the intermediary papers linking NSF research to patents are produced outside the United States. Cross-border restrictions reduce the connectivity of these paths, increase their length, and lower innovation productivity, as measured by the U.S. patent-to-publication ratio. Most consequentially, such restrictions strand promising knowledge trajectories outside the U.S.: I estimate there are 104,149 NSF-stimulated paths currently under development outside the U.S. Under the status quo, 67,965 are projected to return to the U.S. for patenting. However, under scientifi c autarky, virtually none would, representing a loss of approximately $10.7 billion in invested capital. These impacts also affect U.S. fi rms that are critical to national priorities, including innovation, energy, and security. For example, autarky reduces outstanding path capture at Microsoft, ExxonMobil, and Lockheed Martin by between 48% and 57%.


Ansprechpartner: Daehyun Kim


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.

Seminar  |  04.02.2026 | 15:00  –  16:15

Innovation & Entrepreneurship Seminar: Estimating the Benefits of Cancer Drug Innovation

Margaret Kyle (MINES ParisTech)


hybrid (Raum 342/Zoom)

Titel und Abstract folgen.


Ansprechpartnerin: Elisabeth Hofmeister


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.

Seminar  |  11.02.2026 | 15:00  –  16:15

Innovation & Entrepreneurship Seminar: Cognitive Uncertainty in Venture Selection - The Roles of Expertise and Complexity

Thomas Astebro (HEC)


hybrid (Raum 342/Zoom)

Venture capitalists, business angels, funding agencies, and incubators evaluate ventures, a difficult task where decision uncertainty is high. We examine how the degree of cognitive uncertainty affects judges’ admission recommendations at an incubator. Judges read an application, use preset criteria to score it, and form an intuitive overall judgment to accept or reject the application. We model how cognitive uncertainty affects this judgment through a Bayesian classification model. We test how judge expertise and venture complexity affect classification accuracy and cognitive uncertainty, the key mechanism of the model that produces different judgments. Judges demonstrate moderate accuracy in evaluating venture quality, performing better than random but with substantial room for improvement. Bayesian models of judgment capture much of the decision process but struggle to fully explain judgments that are less clear-cut. Complexity raises uncertainty and lowers classification accuracy, while expertise reduces uncertainty and improves accuracy; the expertise premium is largest at intermediate complexity levels.


Ansprechpartner: Daehyun Kim


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.

Seminar  |  18.02.2026 | 15:00  –  16:15

Innovation & Entrepreneurship Seminar: Causal ML to Inform Policy Decisions

Stefan Feuerriegel (Ludwig-Maximilians-Universität)


hybrid (Raum 342/Zoom)

Causal machine learning (Causal ML) is an emerging branch in ML/AI research aimed data-driven decision-making by integrating robust causal inference with advanced predictive algorithms. A key advantage of Causal ML is the ability to prediction under intervention, that is, to predict the outcomes of a treatment at the individualized level while adjusting for various confounders. Causal ML can explicitly model how the treatment impact varies across subpopulations, thus uncovering rich, individual-level heterogeneity that can be leveraged for personalized targeting and more effective decisions. In this talk, we explore the methodological foundations of Causal ML, discuss critical guardrails necessary for its rigorous and responsible deployment, and explore applications in behavioral science and policy. In particular, we introduce the “AI Heterogeneity Explorer”, which allows to uncover the differential effectiveness of behavioral interventions and thus identify for whom interventions are effective. The “AI Heterogeneity Explorer” provides a systematic recipe for understanding the heterogeneity of behavioral interventions, optimizing the personalized delivery of interventions, validating the targeting strategy—which offers a powerful alternative to one-size-fits-all approaches often used in data-driven decision-making. Finally, we illustrate how this explorer can be leveraged in the context of climate interventions to advance behavioral and climate science.


Ansprechpartner: Malte Toetzke


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.

Seminar  |  18.03.2026 | 15:00  –  16:15

Preview: Innovation & Entrepreneurship Seminar mit Saqib Mumtaz

Saqib Mumtaz (Georgia Tech)


hybrid (Raum 342/Zoom)

Titel und Abstract folgen.


Ansprechpartner: Daehyun Kim


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.

Seminar  |  23.03.2026 | 15:00  –  16:15

Preview: Innovation & Entrepreneurship Seminar mit Kyle Myers

Kyle Myers (Harvard University)


hybrid (Raum 342/Zoom)

Titel und Abstract folgen.


Ansprechpartner: Jordan Bisset 


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.

Seminar  |  22.04.2026 | 15:00  –  16:15

Preview: Innovation & Entrepreneurship Seminar mit Antonin Bergeaud

Antonin Bergeaud (HEC Paris)


hybrid (Raum 342/Zoom)

Titel und Abstract folgen.


Ansprechpartner: Dominik Asam


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.

Seminar  |  29.04.2026 | 15:00  –  16:15

Preview: Innovation & Entrepreneurship Seminar mit Fabian Gaessler

Fabian Gaessler (Universitat Pompeu Fabra)


hybrid (Raum 342/Zoom)

Titel und Abstract folgen.


Ansprechpartnerin: Elisabeth Hofmeister


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.

Seminar  |  11.05.2026 | 15:00  –  16:15

Preview: Innovation & Entrepreneurship Seminar mit Colleen Cunningham

Colleen Cunningham (University of Utah)


hybrid (Raum 342/Zoom)

Titel und Abstract folgen.


Ansprechpartner: Elisabeth Hofmeister


Eintragung in den Einladungsverteiler und mehr Informationen auf der Seminarseite.