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Max-Planck-Institut für Ökonomik

Max Planck Institute of Economics
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Staff of the Max Planck Institute

Prof. Dr. Dr. Holger Patzelt

[Prof. Dr. Dr. Holger Patzelt]

Prof. Dr. Dr. Holger Patzelt

Associate Director (W2)
Max Planck Institute of Economics,
Entrepreneurship, Growth and Public Policy Group
Kahlaische Straße 10
D-07745 Jena
This page is not maintained anymore since April 2010. Please visit the new website.

Academic Degrees

2006 PhD in Management/Entrepreneurship (Dr. rer. pol.), University of Bamberg
2004 Diploma in Business Administration (Dipl.-Wirtschaftschemiker), Open University of Hagen
2003 PhD in Life Sciences (Dr. rer. nat.), University of Heidelberg
1999 Diploma in Chemistry (Dipl.-Chemiker), University of Karlsruhe

Academic Career

2008-04/2010 Associate Director at the Max Planck Institute of Economics
Since 2008 Habilitation at the European Business School, Oestrich-Winkel (expected completion: 2009)
2007 Representative of the Chair of Entrepreneurship (Lehrstuhlvertretung), European Business School, Oestrich-Winkel
2005-2008 Senior Research Fellow at the Max Planck Institute of Economics
2005 Visiting Scholar Leeds School of Business, University of Colorado at Boulder
2003-2005 EXIST-HighTEPP Postgraduate Program, University of Bamberg
2000-2004 Studies of Business Administration at the Open University of Hagen
2002-2003 Research Assistant at the Center for Molecular Biology, University of Heidelberg (ZMBH)
1999-2002 Research Assistant at the Institute for Biochemistry and Molecular Biology of the Faculty of Medicine, University of Freiburg
1994-1999 Studies of Chemistry at the Technical University of Munich and the University of Karlsruhe

Honors and Awards

2008 Wesley J. Howe Award for Excellence in Research on the Topic of Corporate Entrepreneurship, Babson College Entrepreneurship Research Conference, Chapel Hill, NC
2007 Gründungsforschungspreis des Förderkreises Gründungsforschung (FGF) (Entrepreneurship Research Award of the German Association for Entrepreurship Research)

Fürther Ludwig-Erhard Prize awarded by Chancellor Merkel (more [PDF])

Haarmann Prize of the University of Bamberg
2003-2005 EXIST-HighTEPP Scholarship of the Federal Ministry for Education and Research
2004 Award of the Association for Applied and General Microbiology (VAAM) for best doctoral thesis
1996-1999 Studienstiftung des Deutschen Volkes

Publications Social Sciences

Refereed Journal Articles


Patzelt, H., & Shepherd, D.A. Forthcoming, Recognizing opportunities for sustainable development. Entrepreneurship: Theory & Practice.

Patzelt, H., & Shepherd, D.A. Forthcoming, Negative emotions of an entrepreneurial career: Self-employment and regulatory coping behaviors. Journal of Business Venturing.

Closta, S., Patzelt, H., Klein, S.B., & Dormann, C. Forthcoming, Parental role models and the decision to become self-employed: The moderating effect of personality. Small Business Economics.

Patzelt, H. Forthcoming, CEO human capital, top management teams, and the acquisition of venture capital in new technology ventures. Journal of Engineering and Technology Management.

Patzelt, H., Lechner, C., & Klaukien, A., Forthcoming, Networks and the decision to persist with underperforming R&D projects, Journal of Product Innovation Management.

Monsen, E., Patzelt, H., & Saxton, T., Forthcoming, Beyond simple utility: Incentive design and tradeoffs for corporate employee-entrepreneurs, Entrepreneurship: Theory & Practice.

Shepherd, D.A., Patzelt, H., & Haynie, J.M., Forthcoming, Entrepreneurial spirals and their trajectories: Deviation amplifying loops of an entrepreneurial mindset and organizational culture, Entrepreneurship: Theory & Practice.


Patzelt, H., zu Knyphausen-Aufseß, D., & Fischer, H. 2009, Upper echelons and portfolio strategies of venture capital firms, Journal of Business Venturing, 24(6), 558-572.

Patzelt, H., zu Knyphausen-Aufseß, D., & Habib, Y. 2009, Portfolio strategies of life science venture capital firms in North America and Europe. Journal of Small Business and Entrepreneurship, 22(2), 87-100.

Shepherd, D.A., Kuskuva, V., & Patzelt, H. H. 2009, Measuring the values that underlie sustainable development: The development of a valid scale, Journal of Economic Psychology, 30(2), 246-256.

Wiklund, J., Patzelt, H., & Shepherd, D.A. 2009, Building an integrative model of small business growth, Small Business Economics, 32(4), 351-374.

McMullen, J.S., Shepherd, D.A., & Patzelt, H. 2009, Managerial (in)attention to competitive threats, Journal of Management Studies, 46(2), 157-181.

Patzelt, H., & Shepherd, D.A. 2009, Strategic entrepreneurship at universities: Academic entrepreneurs' assessment of policy programs, Entrepreneurship: Theory & Practice, 33(1), 319-340.


Patzelt, H., & Shepherd, D.A. 2008, The decision to persist with underperforming alliances: The role of trust and control, Journal of Management Studies, 45(7), 1217-1243.

Patzelt, H., Shepherd, D.A., Deeds, D., & Bradley, S.W. 2008, Financial slack and venture managers' decisions to seek a new alliance, Journal of Business Venturing, 23(4), 465-481.

Schweizer, L., Monsen, E., & Patzelt, H., 2008, Anreize und Motivation für unternehmerisches Handeln in etablierten Firmen, Zeitschrift für betriebswirtschaftliche Forschung ZfbF, 60 (11), 671-692.

Patzelt, H., & Audretsch, D.B. 2008, Biotechnology in hostile financing environments - An organizational evolution perspective, Journal of Organizational Change Management, 21 (6), 773-785.

Brundin, E., Patzelt, H., & Shepherd, D.A. 2008, Managers' emotional displays and employees' willingness to act entrepreneurially, Journal of Business Venturing, 23(2), 221-243.

Schweizer, L., & Patzelt, H. 2008, Führungsstile und der Verbleib von Mitarbeitern in der Post-Akquisitions-Integrationsphase, Zeitschrift für betriebswirtschaftliche Forschung ZfbF, 60(5), 277-297.

Patzelt, H., zu Knyphausen-Aufseß, D., & Nikol, P. 2008, Top management teams, business models, and performance of biotechnology ventures: An upper echelon perspective, British Journal of Management, 19(3), 205-221.

Patzelt, H. 2008, Warum suchen Biotechnologieunternehmnen strategische Allianzen? Eine experimentelle Untersuchung, Zeitschrift für Betriebswirtschaft ZfB, 78(3), 255-273.


Patzelt, H., Schweizer, L., & zu Knyphausen-Aufseß, D. 2007, Mergers and acquisition of German biotechnology startups. International Journal of Biotechnology, 9(1), 1-19.

Patzelt, H., zu Knyphausen-Aufseß, D., & Arnoldt, I. 2006, How do venture capitalists spread risk by diversification within specialized life science portfolios?, International Journal of Technology Management, 34(1/2), 105-125.

Patzelt, H., Zaby, A., & zu Knyphausen-Aufseß, D. 2006, Crisis management in entrepreneurial life science companies - an explorative case study, International Journal of Biotechnology, 8(3/4), 244-267.

Books, Book Chapters, and Conference Proceedings

Buerger, R., Patzelt, H., & Schweizer, L. 2010, Buffering the failure of new product development projects: A multi-level approach, In: A. Zacharakis et al., Frontiers of Entrepreneurship Research 2009, Babson College: Babson Park, MA.

Haeussler, C., & Patzelt, H. 2009, Strategic alliances and product development in new technology firms: The moderating effect of technological capabilities, In: A. Zacharakis et al., Frontiers of Entrepreneurship Research 2008, Babson College: Babson Park, MA.

Patzelt, H., & Brenner, T. (eds) 2008, Handbook of Bioentrepreneurship, Springer, Heidelberg, New York.

Monsen, E., Saxton, T., & Patzelt, H. 2008, Motivation and participation in corporate entrepreneurship: The moderating effects of risk, effort, and reward, In: A. Zacharakis et al., Frontiers of Entrepreneurship Research 2007, Babson College: Babson Park, MA.

Publications Natural Sciences

Refereed Journal Articles

Ferbitz L., Maier T., Patzelt H., Bukau B., Deuerling E., & Ban N. 2004, Trigger factor in complex with the ribosome forms a molecular cradle for nascent proteins. Nature, 431(7008), 590-596.

Schlieker C., Weibezahn J., Patzelt H., Tessarz P., Strub C., Zeth K., Erbse A., Schneider-Mergener J., Chin J.W., Schultz P. G., Bukau B., & Mogk, A. 2004, Substrate recognition by the AAA+ chaperone ClpB. Nature Structural and Molecular Biology, 11(7), 607-615.

Kramer G., Rutkowska A., Wegrzyn R.D., Patzelt H., Kurz T.A., Merz F., Rauch T., Vorderwulbecke S., Deuerling E., & Bukau B. 2004, Functional dissection of Escherichia coli trigger factor: unravelling the function of individual domains. Journal of Bacteriology, 186(12), 3777-84.

Kramer G., Patzelt H., Rauch T., Kurz T.A., Vorderwulbecke S., Bukau B., & Deuerling E. 2004, Trigger factor peptidyl-prolyl cis/trans isomerase activity is not essential for the folding of cytosolic proteins in Escherichia coli. Journal of Biological Chemistry, 279(14), 14165-14170.

Deuerling, E., Patzelt, H., Vorderwülbecke, S., Rauch, T., Kramer, G., Schaffitzel, E., Mogk, A., Schulze-Specking, A., Langen, H., & Bukau, B. 2003, Trigger Factor and DnaK possess overlapping substrate pools and binding specificities. Molecular Microbiology, 47(5), 1317-1328.

Patzelt, H., Kramer, G., Rauch, T., Schönfeld, H. J., Bukau, B., & Deuerling, E. 2002, Three-state equilibrium of Escherichia coli Trigger Factor. Biological Chemistry, 383(10), 1611-1619.

Kramer, G., Rauch, T., Rist, W., Vorderwülbecke, S., Patzelt, H., Schulze-Specking, A., Ban, N., Deuerling, E., & Bukau, B. 2002, L23 protein functions as a chaperone docking site on the ribosome. Nature, 419(6903), 171-174.

Kluck, C. J., Patzelt, H., Genevaux, P., Brehmer, D., Rist, W., Schneider-Mergener, J., Bukau, B., & Mayer, M.P. 2002, Structure-function analysis of HscC, the Escherichia coli member of a novel subfamiliy of specialized Hsp70 chaperones. Journal of Biological Chemistry, 277(43), 41060-41069.

Patzelt, H., Rüdiger, S., Brehmer, D., Kramer, G., Vorderwülbecke, S., Schaffitzel, E., Waitz, A., Hesterkamp, T., Dong, L., Schneider-Mergener, J., Bukau, B., & Deuerling, E. 2001, Binding specificity of Escherichia coli Trigger Factor. Proceedings of the National Academy of the Sciences USA (PNAS), 98(25), 14244-14249.

Weigend, F., Häser, M., Patzelt, H., & Ahlrichs, R. 1998, RI-MP2: Optimized Auxiliary Basis Sets and Demonstration of Efficiency. Chemical Physical Letters, 294, 143-152.

Book Chapters

Deuerling E., Rauch, T. Patzelt, H. & Bukau, B., 2005, The role of Trigger Factor in folding of newly synthesized proteins. Handbook of Protein Folding. Volume II/I&2 (edited by J. Buchner and T. Kiefhaber), 459-489.

Journal Reviewing

Selected Media Coverage

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Last Modification: 2010-08-26, 11:04Imprint