Tag Archives: Finance

Addressing barriers to low-carbon innovation: Essays on structures and policies to mobilise private finance

My dissertation project published as a book:

The author analyses how finance flows can be guided towards low-carbon value generation and growth. He investigates the arrangements between actors in the innovation system and policy measures such as technology push, demand-pull and regulation with regard to their influence on private investments. The case studies include innovation intermediaries, energy service contracting for LED lighting and renewable energy project finance. The results show that barriers to low-carbon innovation inhibit the financing for companies, projects and infrastructure. Also, transparent structures which focus on risk and return facilitate private investments and, finally, both science, technology and innovation policies and regulation are needed to spur private finance.

Order here: PeterLang Publishers

Stakeholdermanagement in social ventures

Exploring the effects of stakeholder salience, trust and conflict on social enterprise performance.


The aim of this thesis is to provide the reader with empirical data in the domain of stakeholder management in social ventures, as empirical findings areĀ  currently missing in this area of research. In order to show how social entrepreneurs manage different constituencies towards higher success of the organization, a stakeholder identification and salience framework is applied to the social enterprise model trying to explain how key stakeholders are able to influence the organization. Furthermore, different performance metrics for social enterprises are explored. Finally, stakeholder salience as well as antecedents of each relation, notably conflicts and trust are linked to a multidimensional performance indicator. Based on these considerations a survey measuring each construct in order to test the model empirically on a sample of German social enterprises is developed.

This thesis was written in a joint research project at the Friedrich-Schiller-University Jena, the Max-Planck Institute of Economics and the TU Munich.


Social Entrepreneurship

Seminar paper concerning financial and hman resources of “Social Entrepreneurs” at the Max-Planck-Institut of Economics.