Prof. Dr. Kornelius Kraft received his diploma in economics at the University of Heidelberg in 1979 and his PhD at the University of Kassel in 1984. Since 2003 Kornelius Kraft has been professor of economics at the University of Dortmund. Previously he was professor at the universities of Essen and Fribourg (Switzerland). He is also a research fellow at the IZA at Bonn.
Kornelius Kraft has published articles in the Quarterly Journal of Economics, the Review of Economics and Statistics, Economica, Scandinavian Journal of Economics, Journal of Industrial Economics, International Journal of Industrial Organization, Kyklos, Journal of Economic Behavior and Organization and Economics Letters among others.
Prof. Dr. Kornelius Kraft is research associate at ZEW. He works in close cooperation with the research unit "Economics of Innovation and Industrial Dynamics".
Research associates usually function as co-managers of research projects at ZEW. They also supervise dissertations of ZEW's employees and, in addition, get involved in creating or maintaining major ZEW research focuses.
Selected Publications
Articles in Refereed Journals
Cappelli, Riccardo, Dirk Czarnitzki and Kornelius Kraft (2014), Sources of Spillovers for Imitation and Innovation , Research Policy 43(1), 115-120.
Czarnitzki, Dirk, Federico Etro and Kornelius Kraft (2014), Endogenous Market Structures and Innovation by Leaders: an Empirical Test, Economica 81(321), 117-139.
Köhler, Mila, Dirk Czarnitzki and Kornelius Kraft (2012), Managerial Ownership, Entrenchment and Innovation , Economics of Innovation and New Technology 21(7), 679-699.
Czarnitzki, Dirk and Kornelius Kraft (2012), Spillovers of Innovation Activities and Their Profitability, Oxford Economic Papers 64, 302-322.
Kraft, Kornelius and Uwe Jirjahn (2010), Teamwork and Intra-Firm Wage Dispersion Among Blue-Collar Workers, Scottish Journal of Political Economy 57 (4), 404-429.
Kraft, Kornelius, Jörg Stank and Ralf Dewenter (2010), Codetermination and Innovation, Cambridge Journal of Economics 35 (1), 145-172.
Czarnitzki, Dirk and Kornelius Kraft (2010), Which firms buy licenses? Market positions and license expenditures, Scandinavian Journal of Economics 112 (3), 471-488.
Czarnitzki, Dirk and Kornelius Kraft (2010), On the Profitability of Innovative Assets, Applied Economics 42(15), 1941-1953.
Czarnitzki, Dirk, Kornelius Kraft and Susanne Thorwarth (2009), The Knowledge Production of 'R' and 'D', Economics Letters 105, 141-143.
Czarnitzki, Dirk and Kornelius Kraft (2009), Capital Control, Debt Financing and Innovative Activity, Journal of Economic Behavior and Organization 71, 372-383.
Kraft, Kornelius and Julia Lang (2008), “The Causes and Consequences of Adopting a Works Council, Jahrbücher für Nationalökonomie und Statistik Bd. 228/5+6, 512-532.
Kraft, Kornelius, Bernd Fitzenberger and Olaf Hübler (2008), Flexibilisierungspotentiale bei heterogenen Arbeitsmärkten – Eine Einführung, Zeitschrift für Arbeitsmarktforschung Jg.41, H. 2/3, 95-116.
Czarnitzki, Dirk and Kornelius Kraft (2008), Mitarbeiteranreizsysteme und Innovationserfolg, Zeitschrift für Arbeitsmarktforschung 41 (2/3), 245-258.
Kraft, Kornelius and U. Jirjahn (2007), Intra-firm Wage Dispersion and Firm Performance – Is There a Uniform Relationship?, Kyklos 60, 231-253.
Czarnitzki, Dirk and Kornelius Kraft (2007), Are Credit Ratings Valuable Information?, Applied Financial Economics 17(13), 1061-1070.
Kraft, Kornelius and Marija Ugakovic (2006), Profit Sharing and the Financial Performance of Firms: Evidence from Germany, Economics Letters 92, 333-338.
Kraft, Kornelius and Marija Ugarkovic (2006), Gesetzliche Mitbestimmung und Kapitalrendite, Jahrbücher für Nationalökonomie und Statistik 226, 588-604.
Kraft, Kornelius (2006), Wage versus Efficient Bargaining in Oligopoly, Managerial and Decision Economics 27, 595-604.
Kraft, Kornelius and Pia Stebler (2006), An Economic Analysis of Financial Support after Divorce, International Game Theory Review 8, 561-579.
Kraft, Kornelius (2006), On Estimating the Effect of Co-Determination on Personnel Turnover, Schmollers Jahrbuch – Zeitschrift für Wirtschafts- und Sozialwissenschaften/ Journal of Applied Social Sciences Studies vol. 126, 287-305.
Czarnitzki, Dirk and Kornelius Kraft (2006), R&D and Firm Performance in a Transition Economy, Kyklos vol. 59, 481-496.
Kraft, Kornelius and Felix FitzRoy (2005), Co-Determination, Efficiency, and Productivity, British Journal of Industrial Relations vol. 43, 233-247.
Kraft, Kornelius and Jörg Stank (2004), Die Auswirkungen der gesetzlichen Mitbestimmung auf die Innovationsaktivitäten deutscher Unternehmen, Schmollers Jahrbuch – Zeitschrift für Wirtschafts- und Sozialwissenschaften/ Journal of Applied Social Sciences Studies vol. 124, 421-449.
Czarnitzki, Dirk and Kornelius Kraft (2004), Innovation indicators and corporate credit ratings: evidence from German firms, Economics Letters 82(3), 377-384.
Czarnitzki, Dirk and Kornelius Kraft (2004), Management Control and Innovative Activity, Review of Industrial Organization 24(1), 1-24.
Czarnitzki, Dirk and Kornelius Kraft (2004), An empirical test of the asymmetric models on innovative activity: who invests more into R&D, the incumbent or the challenger?, Journal of Economic Behavior and Organization 54(2), 153-173.
Czarnitzki, Dirk and Kornelius Kraft (2004), Firm Leadership and Innovative Performance: Evidence from Seven EU Countries, Small Business Economics 22(5), 325-332.
Czarnitzki, Dirk and Kornelius Kraft (2003), Unternehmensleitung und Innovationserfolg, Jahrbücher für Nationalökonomie und Statistik 223(6), 641-658.
Kraft, Kornelius and Ralf Dewenter (2001), Eingeschränkter Wettbewerb und abgestimmtes Verhalten: Konzentration und Anzeigenpreise regionaler Tageszeitungen, Ifo Studien 47, 1-24.
Kraft, Kornelius (2001), Unemployment and the Separation of Married Couples, Kyklos 54, 67 - 87.
Kraft, Kornelius (2001), Codetermination as a Strategic Advantage?, International Journal of Industrial Organization 19, 543 - 566.
Czarnitzki, Dirk and Kornelius Kraft (2000), Haftungsregeln und Innovation, Jahrbücher für Nationalökonomie und Statistik 220(5), 513-526.
Kraft, Kornelius and Antonia Niederprüm (1999), Determinants of Management Compensation with Risk-Averse Agents and Dispersed Ownership of the Firm, Journal of Economic Behavior and Organization 40, 17 - 27.
Kraft, Kornelius and Antonia Niederprüm (1999), Ist die Vergütung von Managern im Zeitablauf flexibler geworden?, Zeitschrift für Betriebswirtschaftsliche Forschung 51, 787 - 804.
Kraft, Kornelius (1998), An Evaluation of Active and Passive Labour Market Policy, Applied Economics 30, 783 - 793.
Kraft, Kornelius (1998), The Codetermined Firm in Oligopoly, Economic Letters 61, 195 - 201.
Kraft, Kornelius (1996), Die Auswirkungen von Regulierungen des Werbemarktes auf die Produktqualität, Jahrbücher für Nationalökonomie und Statistik 215, 385 - 397.
Kraft, Kornelius (1996), Die Auswirkungen des Beschäftigungsförderungsgesetzes, Jahrbuch für Wirtschaftswissenschaften 47, 264 - 281.
Kraft, Kornelius and Felix FitzRoy (1995), On the Choice of Incentives in the Firm, Journal of Economic Behavior and Organization 26, 145 - 160.
Kraft, Kornelius (1995), Determinants of Price Adjustment, Applied Economics 27, 501 - 507.
Kraft, Kornelius (1994), Wage Differentials Between Skilled and Unskilled Workers, Weltwirtschaftliches Archiv 130, 329 - 349.
Kraft, Kornelius and Felix FitzRoy (1993), Economic Effects of Codetermination, Scandinavian Journal of Economics 95, 365 - 375.
Kraft, Kornelius (1992), Produktivitätswachstum und gewerkschaftliche Organisation, Jahrbücher für Nationalökonomie und Statistik 209, 419 - 430.
Kraft, Kornelius and Felix FitzRoy (1992), Forms of Profit Sharing and Firm Performance: Theoretical Foundations and Empirical Problems, Kyklos 45, 209 - 225.
Kraft, Kornelius (1992), Profit-Sharing and Employment, Jahrbuch für Sozialwissenschaft 43, 349 - 363.
Kraft, Kornelius (1991), Lohnflexibilität und Beschäftigung in der bundesdeutschen Industrie, Jahrbücher für Nationalökonomie und Statistik 208, 239 - 253.
Kraft, Kornelius (1991), The Incentive Effects of Dismissals, Efficiency Wages, Piece-Rates, and Profit-Sharing, Review of Economics and Statistics 73, 451 - 459.
Kraft, Kornelius (1990), Are Product- and Process Innovation Independent of Each Other, Applied Economics 22, 1029 - 1038.
Kraft, Kornelius and Felix FitzRoy (1990), Innovation, Rent-Sharing and the Organization of Labor, Small Business Economics 2, 95 - 103.
Kraft, Kornelius (1990), Licenciements, salaire aux pièces et participation aux bénéfices en tant qu'incitations, Economie et Prévision 92/93, 161 - 170.
Articles in Non-Refereed Journals
Kraft, Kornelius (2006), Reform der Mitbestimmung, Wirtschaftsdienst Reihe Zeitgespräch, im Erscheinen.
Monographs, Contributions to Edited Volumes
Czarnitzki, Dirk and Kornelius Kraft (2011), Technologieakquisition und Marktstellung, in: H.J. Ramser und M. Stadler (eds.) Vol. Vol. 39, Mohr Siebeck , Tübingen, 27-42.
Kraft, Kornelius and Marija Ugarkovic (2006), Die Auswirkungen von Gewinnbeteiligung in den neuen Bundesländern, in: Wolfgang Brandes, Thomas Eger und Manfred Kraft Kassel, 317-334.
Kraft, Kornelius, Uwe Jirjahn and Jörg Stank (2005), Globalisierung der Wirtschaft und Kooperationen, in: J. Zentes, B. Swoboda und D. Morschett Gabler-Verlag, Wiesbaden,.
Kraft, Kornelius and Felix FitzRoy (2005), Die Auswirkungen der gesetzlichen Mitbestimmung auf die Produktivität deutscher Unternehmen, in: Thomas Beschorner and Thomas Eger Metropolis Verlag, Marburg, 345-358.
Kraft, Kornelius and Felix FitzRoy (2003), Efficiency, Distribution, and Barriers to Participation, in: Hans G. Nutzinger Vandenhoeck & Ruprecht, Göttingen,.
Kraft, Kornelius (1993), Eurosclerosis Reconsidered: Employment Protection and Work Force Adjustment in West Germany, in: C.F. Büchtemann ILR Press, Ithaca, New York, USA, 297 - 301.
Kraft, Kornelius, John T. Addison and J. Wagner (1993), German Works Councils and Firm Performance, in: B.E. Kaufmann und M.M. Kleiner Association Series, ILR Press, Ithaca, New York, USA, 305 - 338.
Kraft, Kornelius (1993), Arbeitsmarktflexibilität, Physica Verlag, Heidelberg.
Kraft, Kornelius and Felix FitzRoy (1991), Firm Size, Growth and Innovation: Some Evidence from West Germany, in: Z. Acs and D. B. Audretsch University of Michigan Press, Harvester Wheatsheaf, 152 - 159.
Kraft, Kornelius (1990), Korreferat zu Klaus Jäger: Marktstruktur als Determinante der Beschäftigungsentwicklung, in: B. Gahlen Springer Verlag, Heidelberg, 97-101.
Kraft, Kornelius and Felix FitzRoy (1987), Mitarbeiterbeteiligung und Mitbestimmung im Unternehmen, de Gruyter, Berlin - New York.
Kraft, Kornelius (1984), Partizipation und interner Arbeitsmarkt: Wechselwirkungen zwischen Humankapital und Mitarbeiterbeteiligung, Campus Verlag, Frankfurt/M - New York.
Discussion and Working Papers
Giebel, Marek and Kornelius Kraft (2020), R&D Investment Under Financing Constraints, ZEW Discussion Paper No. 20-018, Mannheim. Download
Dyballa, Katharina and Kornelius Kraft (2018), Foreign Competition and Executive Compensation in the Manufacturing Industry – A Comparison between Germany and the U.S., ZEW Discussion Paper No. 18-034, Mannheim. Download
Giebel, Marek and Kornelius Kraft (2018), Bank Credit Supply and Firm Innovation, ZEW Discussion Paper No. 18-011, Mannheim. Download
Giebel, Marek and Kornelius Kraft (2017), External Financing Constraints and Firm’s Innovative Activities During the Financial Crisis, ZEW Discussion Paper No. 17-064, Mannheim. Download
Kraft, Kornelius (2017), Productivity and Distribution Effects of Codetermination in an Efficient Bargaining, ZEW Discussion Paper No. 17-039, Mannheim. Download
Giebel, Marek and Kornelius Kraft (2015), The Impact of the Financial Crisis on Investments in Innovative Firms, ZEW Discussion Paper No. 15-069, Mannheim. Download
Dyballa, Katharina and Kornelius Kraft (2015), Does Codetermination Affect the Composition of Variable Versus Fixed Parts of Executive Compensation?, ZEW Discussion Paper No. 15-053, Mannheim. Download
Aerts, Kris , Kornelius Kraft and Julia Lang (2013), Profit-Sharing and Innovation, ZEW Discussion Paper No. 13-114, Mannheim. Download
Cappelli, Riccardo, Dirk Czarnitzki and Kornelius Kraft (2013), Sources of Spillovers for Imitation and Innovation, ZEW Discussion Paper No. 13-064, Mannheim. Download
Kraft, Kornelius, Christian Rammer and Sandra Gottschalk (2012), Minimum Wages and Competition: The Case of the German Roofing Sector, ZEW Discussion Paper No. 12-083, Mannheim. Download
Köhler, Mila, Dirk Czarnitzki and Kornelius Kraft (2011), Managerial Ownership, Entrenchment and Innovation, ZEW Discussion Paper No. 11-026, Mannheim, published in: Economics of Innovation and New Technology. Download
Czarnitzki, Dirk, Federico Etro and Kornelius Kraft (2008), The Effect of Entry on R&D Investment of Leaders: Theory and Empirical Evidence, ZEW Discussion Paper No. 08-078, Mannheim. Download
Heger, Diana and Kornelius Kraft (2008), A Test of the Quality of Concentration Indices, ZEW Discussion Paper No. 08-072, Mannheim. Download
Heger, Diana and Kornelius Kraft (2008), Barriers to Entry and Profitability, ZEW Discussion Paper No. 08-071, Mannheim. Download
Czarnitzki, Dirk, Kornelius Kraft and Susanne Thorwarth (2008), The Knowledge Production of 'R' and 'D', ZEW Discussion Paper No. 08-046, Mannheim, published in: Economic Letters. Download
Czarnitzki, Dirk and Kornelius Kraft (2007), Mitarbeiteranreizsysteme und Innovationserfolg, ZEW Discussion Paper No. 07-075, Mannheim, published in: Zeitschrift für Arbeitsmarktforschung. Download
Czarnitzki, Dirk and Kornelius Kraft (2007), Spillovers of Innovation Activities and Their Profitability, ZEW Discussion Paper No. 07-073, Mannheim, published in: Oxford Economic Papers. Download
Jirjahn, Uwe and Kornelius Kraft (2006), Do Spillovers Stimulate Incremental or Drastic Product Innovations? - Hypotheses and Evidence from German Establishment Data, ZEW Discussion Paper No. 06-023, Mannheim, published in: Oxford Bulletin of Economics and Statistics. Download
Czarnitzki, Dirk and Kornelius Kraft (2006), R&D and Firm Performance in a Transition Economy, ZEW Discussion Paper No. 06-033, Mannheim, published in: Kyklos. Download
Czarnitzki, Dirk and Kornelius Kraft (2005), License Expenditures of Incumbents and Potential Entrants: An Empirical Analysis of Firm Behavior, ZEW Discussion Paper No. 05-35, Mannheim, published in: Scandinavian Journal of Economics. Download
Czarnitzki, Dirk and Kornelius Kraft (2004), Are Credit Ratings Valuable Information?, ZEW Discussion Paper No. 04-07, Mannheim, published in: Applied Financial Economics. Download
Czarnitzki, Dirk and Kornelius Kraft (2004), On the Profitability of Innovative Assets, ZEW Discussion Paper No. 04-38, Mannheim, published in: Applied Economics. Download
Czarnitzki, Dirk and Kornelius Kraft (2004), Capital Control, Debt Financing and Innovative Activity, ZEW Discussion Paper No. 04-75, Mannheim, published in: Journal of Economic Behavior and Organization. Download
Czarnitzki, Dirk and Kornelius Kraft (2002), Measuring the Impact of Innovation on Firm Value: A New Approach, ZEW Discussion Paper No. 02-73, Mannheim. Download
Czarnitzki, Dirk and Kornelius Kraft (2001), Unternehmensleitung und Innovationserfolg, ZEW Discussion Paper No. 01-70, Mannheim. Download
Czarnitzki, Dirk and Kornelius Kraft (2001), Firm Leadership and Innovative Performance: Evidence from Seven EU Countries, ZEW Discussion Paper No. 01-35, Mannheim. Download
Czarnitzki, Dirk and Kornelius Kraft (2000), An Empirical Test of the Asymmetric Models on Innovative-Activity: Who Invests More into R&D - the Incumbent or the Challenger?, ZEW Discussion Paper No. 00-10, Mannheim. Download
Projects
Finished Projects
- Project Duration 01.05.2004 - 31.12.2006Innovation Activities and Firm Performance
Department
Economics of Innovation and Industrial Dynamics
Function
Research Associate
Phone: +49 (0)621 1235-194
Fax: +49 (0)621 1235-170
