H.P.G. (Enrico) Pennings

Full Professor
Erasmus School of Economics
Erasmus University Rotterdam
Fellow ERIM
Field: Strategy & Entrepreneurship
Affiliated since 2006

Enrico Pennings is a professor at the Department of Applied Economics, the Erasmus School of Economics (ESE).

Professor Pennings has been a fellow of the Tinbergen research school since 2005 and a member of ERIM since 2006.

Before joining the Erasmus School of Economics (ESE) he was an assistant professor at IGIER-Bocconi University in Milan and at the University Pompeu Fabra in Barcelona. He is former IGIER fellow.

Professor Pennings obtained his PhD in 1998 Cum Laude from the Erasmus University Rotterdam with a thesis entitled Real Options and Managerial Decision Making.

  • Hoogendoorn, B., Pennings, H.P.G. & Thurik, A.R. (2012). A conceptual overview of What We Know About Social Entrepreneurship. In J. DeFilippis & S. Saegert (Eds.), The Community Development Reader (pp. 117-124). New York: Routledge. http://hdl.handle.net/1765/38346
  • Sleuwaegen, L.I.E. & Pennings, H.P.G. (2001). Relocation and public aid: a first report. In Mucchielli,.J.-L. Dunning, J.H. (Ed.), Multinational firms' strategies: The local-global dilemma (Studies in global competition series) (pp. 178-189). New York: Routledge.
  • Lint, L.J.O. & Pennings, H.P.G. (1999). A business shift approach to R&D option valuation. In L. Trigeorgis (Ed.), Real Options and Business Strategy. Applications to Decision Making (pp. 117-135). Cambridge: RISK Publishers.
  • Lint, L.J.O. & Pennings, H.P.G. (1996). Het management van reële optiewaarde. In P.J.J.M. van Loon & J.H. von Eije (Eds.), De financiële functie en ondernemingswaarde (pp. 201-216). Alphen a/d Rijn: Samsom.
  • Pennings, H.P.G. (1998, Juni 12). Real options and managerial decision making. Erasmus University Rotterdam (126 pag.) (Ridderkerk: Offsetdrukkerij Ridderprint B.V.). Prom./coprom.: L.I.E. Sleuwaegen & prof.dr. R.S. Pindyck.
  • Karreman, B., Nacken, T.G. & Pennings, H.P.G. (2013). Arabische lente voor de EBRD. Internationale Spectator, 67 (4), 46-51.
  • Karreman, B. & Pennings, H.P.G. (2011). De volgende fusie- en overnamegolf. Economisch-Statistische Berichten, 96 (4619), 589-591.
  • Laan, L. van der & Pennings, H.P.G. (2009). Organizations in a Dynamic Environment. USA-Hoboken-NJ: Wiley Higher Education.
  • Lint, L.J.O. & Pennings, H.P.G. (1998). De recent overeengekomen digitale videostandaard, deel I. Bedrijfskunde, 70 (1), 39-44.
  • Lint, L.J.O. & Pennings, H.P.G. (1998). De recent overeengekomen videostandaard: een standaardanalyse deel II. Bedrijfskunde, 70 (2), 83-89.
  • Lint, L.J.O. & Pennings, H.P.G. (1998). R&D als optie op marktintroductie. Bedrijfskunde, 69 (1), 61-67.

Editorial positions

  • Technovation

    Editorial Board

Side positions

  • Universita di Sassari

    Visiting Professor

ERIM Research Seminar


Visiting address

Office: Tinbergen Building H13-31
Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam

Work in progress

Pennings, H.P.G. (2016). Real Options with Ex-Post Division of the Surplus. Journal of Banking and Finance. doi: 10.1016/j.jbankfin.2016.09.007
Bhaskarabhatla, A.S., Chatterjee, C, Anurag, P. & Pennings, H.P.G. (2016). Horizontal Diversification as a Firm Strategy to Respond to Partial Price Cap Regulation. Health Economics. doi: Under Review

Latest publication

Pennings, H.P.G., Block, J.H., de Vries, AGB & Fisch, C. (2016). Trademark or patent? The effects of market concentration, customer type and venture capital financing on start-ups’ initial IP applications. Industry and Innovation. doi: 10.1080/13662716.2016.1231607