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Home | People | Enrico Pennings
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Enrico Pennings

Research Fellow

University
Erasmus University Rotterdam
Research field
Organizations and Markets
Interests
Globalization, Industrial Organization, Innovation, Trade

List of 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:.

Pennings, E. (2016). Real Options with Ex-Post Division of the Surplus Journal of Banking and Finance, 81:200--206.

de Vries, A., Pennings, E., Block, J. and Fisch, C. (2017). Trademark or patent? The effects of market concentration, customer type and venture capital financing on start-ups’ initial IP applications Industry and Innovation, 24(4):325--345.

Altomonte, C., Colantone, I. and Pennings, E. (2016). Heterogeneous firms and asymmetric product differentiation Journal of Industrial Economics, 64(4):835--874.

Bhaskarabhatla, A. and Pennings, E. (2014). Defensive Disclosure of Patentable Inventions under Antitrust Enforcement Industry and Innovation, 21(7):533--552.

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.

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.

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

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.

Pennings, E. (2008). Privatization of real options Journal of Comparative Economics, 36(3):489--497.

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.

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.

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

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.

Sleuwaegen, L. and Pennings, E. (2006). International Relocation of Production: Where do Firms Go? Scottish Journal of Political Economy, 53(4):430--446.

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. (2004). Imitation, Patent Protection and Welfare Oxford Economic Papers, 56:715--733.

Pennings, E. (2004). Optimal Pricing and Quality Choice when Investment in Quality is Irreversible Journal of Industrial Economics, 52:569--589.

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

Lint, O. and Pennings, E. (2003). The V-shaped value evolution of R&D projects Applied Economics Letters, 10(1):27--32.

Pennings, E. (2001). Price or quantity setting under uncertain demand and capacity constraints: An examination of the profits Journal of Economics, 74:157--171.

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

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

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.