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Staff of the Max Planck Institute

Dr. Max Keilbach

	Dr. Max Keilbach
	Research Scholar
	Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group Kahlaische Straße 10 D-07745 Jena Germany
	e-mail:
	This page is not maintained anymore since January 2008.

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Educational Background

1999	Ph.D. in Economics, Technical University of Berlin
1994	Masters in Economics, Technical University of Berlin
1987	Diploma in Agricultural Engineering, Fachhochschule Nürtingen

Curriculum Vitae

Max Keilbach is a senior researcher at the research group on Entrepreneurship, Growth and Public Policy. His main research interests are in the area of innovative entrepreneurship and in its economic impact. He uses empirical, econometric and simulation based approaches in his analyses. He started his professional life as a shepherd, then he studied Agricultural Engineering in Nürtingen, Germany and Economics in Freiburg, Germany, Montpellier, France, and Berlin, Germany. He received his PhD from the Chair of Econometrics at the TU Berlin, investigating causes of Spatial Agglomeration of Production Factors and its impact on Regional Economic Growth. Between 1998 and 2002 He worked as a Senior Researcher at the Department of Industrial Economics at the Centre for European Economic Research (ZEW) in Mannheim. There his Research focused on the Demography of Firms and on the development of corresponding databases.
Max Keilbach currently also works in the Textile Retail Business as Head of Board of Hans Keilbach Mode in South Germany and in the Music Industry, where he performs as a singer and as the musical director of the Skylarks vocal group, Berlin.

Employment Experience

Since January 2004	Research Scholar at Max Planck Institute of Economics Development and Entrepreneurship, Growth and Public Policy
Since March 2003	Head of Board of Keilbach Mode in Offenburg, Germany
1998 - 2002	Senior Researcher at the Centre for European Economic Research (ZEW), dept. for Industrial Economics, Mannheim
1993-1998	Research and Teaching Assistant at the Chair for Econometrics, Technical University in Berlin
1980-1990	Research Fellow at CRPEE/CNRS, Montpellier, France
1979 - 1982	Shepherd in Emstal, Germany

Publications

Refereed Journals

• Audretsch, D., Bönte, W. and Keilbach, M. (forthcoming), Entrepreneurship Capital and its Impact on Knowledge Diffusion and Economic Performance, Journal of Business Venturing
• Fauchart, E. and Keilbach, M. (forthcoming), Exploration and Exploitation as Innovation Strategies, Firm Demography and the Structure of Markets. Small Business Economics.
• Keilbach, M. (2007) Clustering of Innovative Industries in Germany: the Example of Jena. American Institute for Contemporary German Studies (AICGS), Policy Report 27.2, pp. 9-21
• Audretsch D. and Keilbach, M. (2007) The localisation of entrepreneurship capital: Evidence from Germany. Papers in Regional Science, Vol. 86(3), pp. 351-365.
• Engel, D. and Keilbach, M. (2007), Firm Level Implications of Early Stage Venture Capital Investment - An Empirical Investigation. Journal of Empirical Finance, Vol. 14, pp. 150-167
• Audretsch, D. and Keilbach, M. (2005), Entrepreneurship Capital and Regional Growth. Annals of Regional Science, Vol. 39(3), pp. 457 - 469
• Bönte, W. und Keilbach, M. (2005) Concubinage or Marriage? Informal and Formal Cooperations for Innovation, International Journal on Industrial Organization, 23, p. 279 - 302
• Audretsch, D. and Keilbach, M. (2004) Entrepreneurship Capital and Economic Performance. Regional Studies, Vol. 38, p.949.
• Audretsch, D. and Keilbach, M. (2004), Does Entrepreneurship Capital Matter? Entrepreneurship Theory and Practice, Vol. 28, p.419.
• Audretsch, D. and Keilbach, M. (2004), Entrepreneurship and Regional Growth - An Evolutionary Perspective, Journal of Evolutionary Economics, Vol. 14, p.605-616
• Keilbach, M. (2004), Wer Innovation will, muss Scheitern einkalkulieren. Frankfurter Allgemeine Zeitung, 9.03.2004, Seite 12
• Keilbach, M. (2002) Determinanten der räumlichen Konzentration von Industrie- und Dienstleistungsbranchen. Eine empirische Analyse für Westdeutschland, Jahrbuch für Regionalwissenschaft, Vol. 22 (1), S. 61-79.
• Keilbach, M. (1995), Estimating the marginal product of emission in a country, where emission output is regulated. In: Environmental and Resource Economics, Vol. 5, pp. 305 - 319.
• Keilbach, M. (1992), Der Expositionshandel, ein neues Instrument am umweltpolitischen Horizont? In: Zeitschrift für angewandte Umweltforschung, Vol. 5, pp. 509 - 522.

Books and Contributions to Books

• Entrepreneurship and Economic Growth (mit D. Audretsch und E. Lehmann). New York, Oxford University Press, (2006)
• Entrepreneurship, Growth and Restructuring (mit D. Audretsch). In: Mark Casson, Bernard Yeung, Anuradha Basu and Nigel Wadeson: The Oxford Handbook of Entrepreneurship. Oxford University Press (In print, to appear 2005)
• The Knowledge Spillover Theory of Entrepreneurship and Technological Diffusion (mit D.Audretsch und E.Lehmann). In: Libecap, G.: University Entrepreneurship and Technology Transfer. Advances in the Study of Entrepreneurship, Innovation and Economic Growth, (2005) Vol.16, 69-91, Elsevier.
• The Mobility of Economic Agents as Conduits of Knowledge Spillovers (mit D. Audretsch). In: Fornahl. D. et al.: The Role of Labour Mobility and Informal Networks for Knowledge Transfer. International Studies in Entrepreneurship. (2005), pp. 8-25, New York: Springer.
• Quantitative, Non-Experimental Approaches to the Microeconomic Evaluation of RTD Policies - A Survey, in: Polt, W. and J. Rojo, Handbook on the Evaluation of Research and Technology Policies: Concepts, Tools and Indicators., Cheltenham, UK and Northampton, MA, USA (in print).
• Microeconometric Models (mit S. Aravanitis), in: Fahrenkrog, G.; Polt, W.; Rojo, J.; Tübke, A.; Zinöcker, K., RTD Evaluation Toolbox, Assessing the Socio-Economic Impact of RTD-Policies, IPTS Technical Reports Series Bd. EUR 20382 EN, Sevilla (2002), 101-118.
• Anmerkungen zum Begriff Pfadabhängigkeit in Institutionen - Kann die Evolution versagen?, in: M. Lehmann-Waffenschmidt, Perspektiven des Wandels, Evolutorische Ökonomik in der Anwendung, Marburg (2001)
• Wagniskapitalfinanzierung als Aufgabe der L-Bank. Chancen und Implikationen,(mit P. Westerheide) L-Bank Verlag, Karlsruhe (2000).
• Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth, Contributions to Economics, Physica, Heidelberg (2000).
• Neural Networks in Economics - Background, Applications and New Developements. (mit R. Herbrich, Th. Graepel, P. Bollman und K. Obermeyer In: Th. Brenner Computational Models for Learning in Economics, Kluwer (1999)

Discussion Papers

• Network Externalities and the Dynamics of Markets (mit M. Posch), IIASA Working paper IR-98-089, 1998.
• Network Externalities and Path-Dependend Consumer-Preferences, IIASA Working paper WP-95-097, 1995.
• Contribution à la mise en place d'un systeme de statistiques économiques sur l'environnement au niveau communaitaire. (mit L. Cabanis) C.R.P.E.E. working papers, Montpellier, 1990.