06/24/2023  –  06/26/2023

Munich Summer Institute 2023

Bavarian Academy of Sciences

Munich Summer Institute (MSI)

The Munich Summer Institute (MSI) is hosted by the Center for Law & Economics at ETH Zurich, the Chair for Technology and Innovation Management at TUM, the Chair for Economics of Innovation at TUM, the Institute for Strategy, Technology and Organization at the LMU Munich and the Max Planck Institute for Innovation and Competition.

Please find further information at the website of the MSI.

Seminar  |  05/10/2023 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with Reddi Rayalu Kotha

Reddi Rayalu Kotha (Singapore Management University)


on invitation, see seminar page

Abstract will follow soon.


Contact: Marina Chugunova

04/26/2023 |

Preview: Innovation and Entrepreneurship Seminar with Anne Sophie Lassen

Anne Sophie Lassen (CBS)


Room E10

Abstract follows.


Contact person: Marina Chugunova


Subscription to the invitation mailing list and more information on the seminar page.

Workshop  |  04/13/2023, 11:00 AM  –  04/14/2023, 04:30 PM

16th Workshop on the Organisation, Economics and Policy of Scientific Research

Max Planck Institute for Innovation and Competition

The Max Planck Institute for Innovation and Competition and the Technical University of Munich organise the annual workshop “The Organisation, Economics and Policy of Scientific Research”.


Participation in the event is open and free of charge: Please send an email to michael.rose(at)ip.mpg.de.


More information on the workshop webpage

Seminar  |  04/12/2023 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with John P. Walsh

John P. Walsh (Georgia Tech)


on invitation, see seminar page

Abstract will follow soon.


Contact person: Elisabeth Hofmeister

02/22/2023 |

Preview: Innovation and Entrepreneurship Seminar with Enrico De Mont

Enrico De Mont (ZEW)


Room E10

Abstract and Title follow soon.


Contact person: Albert Roger


Subscription to the invitation mailing list and more information on the seminar page.

Seminar  |  02/15/2023 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with Markus Nagler

Markus Nagler (FAU)


Room E10

Abstract will follow soon.


Contact person: Michael Rose


Subscription to the invitation mailing list and more information on the seminar page

Seminar  |  02/08/2023 | 03:00 PM  –  04:15 PM

Preview: Innovation & Entrepreneurship Seminar with Jörn Block

Jörn Block (University of Trier)


on invitation, see seminar page

Abstract follows soon.


Contact person: David Heller

Seminar  |  02/01/2023 | 03:00 PM  –  04:15 PM

Innovation & Entrepreneurship Seminar: Consumer Privacy and Value of Consumer Data

Ilja Kantorovich (EPFL)

Room E10

We analyze how the adoption of the California Consumer Privacy Act (CCPA), which limits the acquisition, processing, and trade of consumer personal data, heterogeneously affects firms with and without previously gathered customer data. Exploiting a novel and hand-collected data set of 11,436 conversational-AI firms with rich personal information on U.S. consumers, we find that the CCPA gives a strong protection and advantage to firms with previously accumulated (in-house) data. First, products of these firms generate more customer feedback and exhibit higher product ratings after the adoption of the CCPA. Second, publicly traded firms with in-house data exhibit higher valuations, profitability, asset utilization, and they invest more after the adoption of the CCPA. Third, earnings of such firms can be more accurately predicted by analysts. To rationalize these empirical findings, we build a general equilibrium model where firms produce intermediate goods using labor and data in the form of intangible capital. Data can be traded with other firms subject to a cost representing regulatory and technical challenges. Firms differ in their ability to collect data internally, driven by their business models and/or the size of their customer base, and reliance on data. When the introduction of the CCPA increases the cost of trading data, firms with a low ability to collect in-house data and high reliance on data suffer the most as they cannot adequately substitute the previously externally purchased data.


Contact person: Svenja Friess


Subscription to the invitation mailing list and more information on the seminar page.

Seminar  |  01/25/2023 | 03:00 PM  –  04:15 PM

Innovation & Entrepreneurship Seminar: The Effect of Public Science on Corporate R&D

Lia Sheer (Tel Aviv University)


Room E10

Abstract follows soon.


Contact person: Michael Rose 


Subscription to the invitation mailing list and more information on the seminar page.