Prof. Dr. Lars Hornuf

Personal Details

since 2023
Professor (W3) of Business Administration, esp. Finance and Financial Technology at TU Dresden

Visiting Professor Wroclaw University of Economics and Business

2022
Fellow of the Project Group AI & Finance at the Centre Responsible Digitality (ZEVEDI)

since 2021
Fellow of the CESifo Research Network

since 2020
Member of the Advisory Council of the Frankfurter Institut für Risikomanagement und Regulierung (FIRM)

2019
Offer for a Full Professorship for Finance, Skema Business School Paris (declined)

2019
Habilitation at the Faculty of Business, Economics, and Management Information Systems,, University of Regensburg (Venia Legendi Business Administration)

2018
Certified Derivatives Trader (Eurex)

2018
Guest lecturer at the Rotterdam School of Managment, Erasmus University

2017-2023
Professor of Business Administration, esp. Financial Services and Financial Technology, University of Bremen

2017-2021
Research Fellow at the Center of Finance der Universität Regensburg

2017-2021
Affiliate Member CESifo Research Network

2017-2018
Guest lecturer at the German Graduate School of Managment and Law

2016-2021
Affiliated Research Fellow, Max Planck Institute for Innovation and Competition

2016-2017
Visiting Researcher at the Georgetown Law School

2016
Visiting Researcher at the Center for Economic Studies, Ludwig-Maximilians-University Munich

2015
Visiting Professor at the Max-Planck-Institut for Innovation and Competition

2015
Offer for an Assistant Professorsship (W1) for Innovation with a focus on Digital Innovation in the Service Industry at European Business School / Strascheg Institute for Entrepreneurship and Innovation (declined)

2014-2017
Assistant Professor for Economic Analysis of Law at the University of Trier and at the Institute for Labour Law and Industrial Relations in the European Union (IAAEU)

2014
Visiting Research Fellow at the Social Science Research Institute, Duke University

2014
Professeur Invité, Faculté de Finance, Banque, Comptabilité, Université Lille 2

2013
Certified Exchange Trader (Xetra, Spot Market), Frankfurt Stock Exchange

2012-2013
Visiting Professor, House of Finance, Goethe-University Frankfurt

2012
Visiting Scholar at Stanford Law School

2012-2014
Postdoctoral Researcher, Faculty of Law, LMU Munich

2011
PhD in Economics, Department of Economics, University of Munich

2010
Visiting Scholar, University of California, Berkeley

2009
Certified Business Mediator (CVM)

2008-2012
Research Associate, Faculty of Law, University of Munich

2006-2008
Junior Researcher and PhD Student, Ifo Institute for Economic Research

2005
Deutsche Bank Research

2005
MA in Political Economy, University of Essex

2024

Invited talks and moderations
Kulturpalast Dresden (TU Dresden) • Inaugural Speech (TU Dresden) • 8th Crowdinvesting Symposium (TU Dresden) • 6. Bremer Finanzgespräche (Bremer) • Research Seminar (Katholische Universität Eichstätt) • GenAI in Finance Paper Development Workshop (TU Dresden) • Management, Strategy and Innovation Seminar (KU Leuven)

Conference presentations
5th CEFGroup Climate Finance (University of Otago Business School) Best Paper Award 

2023

Invited talks and moderations
Estonian FinTech Forum 2023 (Estonian Financial Supervision and Resolution Authority) Keynote Speech • Resease party of special issue “Data Governance, Digital Innovation, and Grand Challenges” in Information and Organization (European New School of Digital Studies)

Conference presentations
Annual Meeting German Finance Association (Hohenheim) • 74th International Astronautical Congress (Baku, Azerbaijan) • Symplatform 4 (Nantes)

2022

Invited talks and moderations
Hanse Institute for Advanced Study • Interdisciplinary workshop of the project group AI & Finance - Innovation, Resilience and Responsibility of the Center for Responsible Digitization (ZEVEDI) (Goethe University Frankfurt) • International Conference for Crowdfunding Research (University of Agder's School of Business and Law) Keynote Speech • FIRM Research Conference • BaFin-Tech 2022 • 2. Magnus Symposium On the Nature of Information (DPG Magnus House) • RegulationResearch Workshop (University of Regensburg) • Research Seminar European New School of Digital Studies (European University Viadrina)

Conference presentations
4th International Conference on the World Economy in the Great Changes 2022 (Shanghai University) • 3rd CEFGroup Climate Finance (University of Otago Business School) • Causal Data Science Meeting 2022 • 6th European Alternative Finance Research Conference (Utrecht University) • 3rd Machine Lawyering Conference (Chinese University of Hong Kong)

2021

Invited talks and moderations
Fintech and its Impact on Central Banking (Deutsche Bundesbank) • European Privacy, InfoSec & Compliance Summit (EPIC) Summit • Virtual Workshop on AI & FINANCE (Goethe University Frankfurt) • Finanzbranche im Umbruch – wie die Digitalisierung die Finanzwelt verändert (WK Café WESER-Strand) • Finance Seminar (Skema Business School Paris) • Sustainable Finance Research Seminar (University of Zurich) • FinTech and cryptofinance Webinar (Sorbonne Université) • Ringvorlesung Universelle Eigenschaften des Entscheidens (Univesität Bremen) • ITM (Information Technology Management) Distinguished Speaker Series (Scheller College of Business - Georgia Tech) • Data Science Forum (Univesität Bremen) • Field Day in Field Experients (Univesität Bremen) • Economics Lunchtime Seminar (University of Regensburg) • Finance Research Seminar (TU München)

Conference presentations
2nd CEFGroup Climate Finance Symposium (University of Otago Business School) • 2021 CESifo Area Conference on Economics of Digitization (LMU Munich) • IFABS Conference (Oxford University) • European Alternative Finance Research Conference (Utrecht University) 

2020

Invited talks and moderations
Empirical Research in Corporate and Financial Law (European University Institute Florence) • Center for Advanced Management Studies (LMU Munich) • Autumn Meeting Frankfurt Institute for Risk Management and Regulation (FIRM) (House of Finance, Goethe University) • AI in Finance: privacy and Data Protection Sectoral Dialogue (Singapore Management University) • Danish Finance Institute Seminar (University of Southern Denmark) • Finance, Accounting und Insurance (FIA) Seminar (University of Hamburg) • Determinants of Non-cash Transactions Conference (Hochschule Bremen) • Digitalization of Financial Services (Federal Association of Consumers) • Virtual Money Conference - Virtual Crime Scenes (Society for Security Policy Bremen) (rescheduled) • Conference on Fintech Startups and Incumbent Players:  Policy Challenges and Opportunities (University of Oxford)

Conference presentations
Social Impact Investments International Conference • CESifo Area Conference on Economics of Digitization • 4th European Alternative Finance Research Conference • 2020 Annual Meeting of American Economic Association (UC San Diego) (acceptance but represented by coauthor Sven Hartmann)

2019

Invited talks and moderations
Law, Finance, and Technology Seminar (University of Hamburg) • Networking by, for and with Alumni (University of Bremen) • Bündnis 90/Die Grünen • Finance Seminar (Bremen University of Applied Sciences) • Seminar-Talk (Nijmegen School of Management, Radboud University) •Conference Don’t Be Afraid of the German Angst (Hamburg FinTech Week) • 2^nd FinTech Meetup (Strascheg Center for Entrepreneurship at the Munich University of Applied Science) Keynote Speech • Diginomics Lunchtime Seminar (University of Bremen) • Expert Panel - FinTechs and Their Impact on Central Banking (German Central Bank) • Ringvorlesung (University of Paderborn) • MACIE-Seminar (University of Marburg) • Conference on Fintech & Digital Finance (SKEMA Business School – Nice Campus) • Seminar - Banken aktuell (Federal Association of Consumers) • Workshop Fintech Adoption and Economic Behavior: Where Do We Stand? (LaRGE Research Center, University of Strasbourg) Keynote Speech • Brownbag Seminar (Free University of Bozen) • Finance Research Seminar (University of St. Gallen) • FinTech Law – Legal Issues Relating to Regulation, Transactions, and Investment Products (WM Praxisforum) • EBI Global Annual Conference on Banking Regulation (Goethe University, European Stability Mechanism (ESM) and Institute for Monetary and Financial Stability (IMFS)) •Neujahrsempfang der Unifreunde (Bremen City Hall)

Conference presentations
26^th Annual Meeting of German Finance Association (University of Duisburg-Essen)

2018

Invited talks and moderations
Research Seminar (Kyung Hee University Seoul) • Research Seminar (Shanghai University) • Regulatory meets FinTech (WM Seminar) • 1^st International FinTech, InsurTech & Blockchain Forum (University of Zurich) Best Paper Award • ABIDA-Expert Conference (Federal Ministry of Education and Research) • 4^th Luxembourg FinTech Conference (The University of Luxembourg, Banque Internationale à Luxembourg (BIL) and the Luxembourg House of Financial Technology (LHoFT)) • Münchner Seminare (ifo Institut) • Research Workshop (IAAEU, University of Trier) • Opening of the Zentrum für das Recht der Digitalisierung (University of Marburg) • 2^ndWorkshop on Financial Literacy and Entrepreneurship (Lyon Business School – Paris Campus) • Workshop Developments in Entrepreneurial Finance: Crowdfunding, Blockchain, and ICOs (Lyon Business School – Lyon Campus) • Conference on Recent Developments in Crowdfunding (University of Essex) • University of Bremen, Inaugural Lecture • Hamburg Lecture in Law and Economics (University of Hamburg) • FinTech Workshop (University of Muenster) • Meeting ESCB Monitoring Working Group (European Central Bank) • International Central Banking Course: Digital Financial Innovations (German Central Bank) • Brownbag Seminar (Zeppelin University)

2017

Invited talks and moderations
Panel Discussion Electronic Payment – Opportunities and Risks for Consumers (Federal Association of Consumers) • Conference The Future of Banking (Forum Digital – VR-NetWorld) • Panel Discussion, The New Payment Services Directive (RWS Forum PSD II) • 15^th Meeting of the Central Banks and Monetary Authorities of the Organization of Islamic Cooperation (OIC) Member Countries (Muğla Turkey) • 7^th Alvara Innovation Days Keynote Speech • SKEMA Conference (Skema Business School – Nice Campus) • Business Law Workshop (Oxford University) • FinMeetsTech Keynote Speech • Digitising Finance, Financial Inclusion and Financial Literacy (G20-Conference)

Conference presentations
Annual Meeting of the Vereins für Socialpolitik (University of Vienna) • European Economic Association (University of Lisbon) (2 presentations) • World Finance Conference (Cagliari University) (3 presentations) • 2^nd Entrepreneurial Finance Conference (Vlerick Business School) • 5^th Workshop Household Finance and Consumption (Banque Centrale du Luxembourg) • VHB-Jahrestagung 2017 (University of St.Gallen) (2 presentations) • Munich Summer Institute 2017 (Bavarian Academy of Science) • Annual Meeting of the American Law and Economics Association (Yale Law School) • Royal Economic Society Conference (University of Bristol)

2016

Invited talks and moderations
Bitkom hub conference (STATION Berlin) • Goethe/Penn Conference on Law and Finance (Goethe University Frankfurt) • Digital Finance Berlin Konferenz (Berlin School of Digital Business) Keynote Speech • Panel Discussion 11^th International Conference on Financial Services (iff Institute for Financial Services) • Gelsenkirchen Economic Congress Opportunities for a Green Economy (Diskussionsforum KMU/Gründungen Gelsenkirchen)

Conference presentations
Conference on Subjective Survey Data in Labour Market Research (IAAEU, University of Trier) • Munich Summer Institute 2016 (Bavarian Academy of Science) • 3^rd International ZEW Conference on the Dynamics of Entrepreneurship (Centre for European Economic Research) • Conference on Past and Future of Corporate Governance: Practices, Reforms and Regulations (Roma Tre University) • Conference What does Co-determination do? What can we learn from research? (Wissenschaftszentrum Berlin für Sozialforschung) • 8^th Economic Workshop (IAAEU, University of Trier) (2 presentations) • Workshop on the Autonomy at Work and Employee Involvement: Causes and Consequences (Institute for Employment Research (IAB))

2015

Invited talks and moderations
Conference Corporate Acquisitions and Access to Entrepreneurial Financing in the Post-Accession Era (Jean Monnet Inter-University Centre of Excellence Opatija) • Research Workshop (Max Planck Institute for Innovation and Competition) • Research Workshop (John Molson School of Business, Concordia University) • Panel Discussion Munich, Finance Technology Transaction Conference • Conference on Finance, Ethics and Society (University of Oslo) • Law and Economics Forum (London School of Economics and Political Science) • Research Workshop (Center for Advanced Studies in Law and Economics, University of Bonn) • Moderation Moral Psychology, Jurisprudence, and Human Rights (Center for Advanced Studies, LMU Munich)

Conference presentations
3^rd Crowdinvesting Symposium (LMU Munich) • Workshop on Experimental Labour and Personnel Economics (IAAEU, University of Trier) • Annual Meeting of the Verein für Socialpolitik (University of Münster) • Annual Meeting of the European Finance Association (WU Vienna University of Economics and Business) • Annual Meeting of the European Financial Management Association (Nyenrode Business University) • Workshop on the Economics of Entrepreneurship and Innovation (University of Trier) (2 presentations) • Annual Meeting of the American Law and Economics Association (Columbia Law School) • 7^th Economic Workshop (IAAEU, University of Trier)

2014

Invited talks and moderations
MACIE-Seminar (University of Marburg) • The 3^rd Peking-Stanford-Oxford University Internet Law and Public Policy Conference (Peking University) • Research Workshop (Center for Advanced Hindsight, Duke University) • Finance Group Research Seminar (Skema Business School – Lille Campus)

Conference presentations
Centre for European Economic Research, Mannheim-ZEW Conference on Financial Regulation and Competition (Centre for European Economic Research) • 31^th Annual Meeting of the European Association of Law and Economics (Aix-Marseille Université) • 2^nd Crowdinvesting Symposium (LMU Munich) (2 presentations) • Conference Wettbewerb der Gesellschaftsrechtsordnungen in Ostmitteleuropa? (Andrássy University Budapest)

2013

Invited talks and moderations
LawEcon Workshop (Max Planck Institute for Collective Goods) • Research Workshop (IAAEU, University of Trier) • CESifo Group Seminar (LMU Munich) • Public Economics Seminar (LMU Munich)

Conference presentations
20^th Annual Meeting of the German Finance Association (University of Wuppertal) • Annual Meeting of the Verein für Socialpolitik (University of Düsseldorf) • Summer Institute on Bounded Rationality (Max-Planck-Institute for Human Development) • Annual Conference of the Mannheim Centre for Competition and Innovation (MaCCI) (Centre for European Economic Research) • 1^stCrowdinvesting Symposium (LMU Munich)

2012

Invited talks and moderations
Guest Lecture (RWTH Aachen) • Technology and Innovation Management Seminar (RWTH Aachen) • Research Seminar (House of Finance, Goethe University Frankfurt) • Law and Business Workshop (Vanderbilt University) • Workshop Privatrecht (LMU Munich) • 15^th Mediation Congress (LMU Munich)

Conference presentations
22^nd Annual Meeting of the American Law and Economics Association (Stanford University)

2011

Invited talks and moderations
Law & Finance Seminar Series (University of Oxford)

Conference presentations
9^th Annual Conference of the German Law & Economics Association (University of Bonn) • Konfliktmanagement-Kongress 2011 (Ministry of Justice Lower Saxony) • 28^th Annual Conference of the European Law & Economics Association (University of Hamburg) (2 presentations)

2010

Invited talks and moderations
Law and Economics Workshop (University of California, Berkeley) • Public Economics Seminar (LMU Munich)

Conference presentations
6^th Annual Conference of the Italian Law & Economics Society (Libera Universita di Bolzano) • 8^th Annual Conference of the German Law & Economics Association (European Business School) • Presentation Summer School (Goethe University Frankfurt, Center for Financial Studies / Program in Law and Economics of Money and Finance) • XII. Travemünder Symposium zur ökonomischen Analyse des Rechts (University of Hamburg)

2009

Invited talks and moderations
Empirical Economics Research Workshop (LMU Munich)

Conference presentations
7^th Annual Conference of the German Law & Economics Association (University of Trier)

2008

Conference presentations
6^th Annual Conference of the German Law & Economics Association (University of Innsbruck)

2006

Conference presentations
Dow Jones Newswires Workshop (Frankfurt Stock Exchange)

Research Grant Institutions

• Prize Committee Distinguished CESifo Affiliate Award CESifo Area Conference on the Economics of Digitization
• German Council of Science and Humanities (WR)
• German Research Foundation (DFG)
• Belgian Fund for Scientific Research (F.R.S. – FNRS)
• UK Research and Innovation (UKRI) / Future Leaders Fellowship Scheme
• Luxembourg National Research Fund (FNR)
• Swiss National Science Foundation
• The German Israeli Foundation for Scientific Research and Development (GIF)
• European Science Foundation (ESF)
• Research Foundation Flanders

Journals

• British Journal of Management
• Business Research
• California Management Review
• Corporate Governance: An International Review
• DIW Vierteljahrshefte zur Wirtschaftsforschung
• Decision Support Systems
• Eastern Economic Journal
• Economics Bulletin
• Electronic Markets
• Energy Economics
• Entrepreneurship Theory and Practice
• Eurasian Business Review
• European Business Organization Law Review
• European Financial Management
• European Journal of Finance
• European Journal of Law and Economics
• European Journal of Political Economy
• Finance Research Letters
• Financial Markets and Portfolio Management
• Information and Organization
• International Journal of Information Management
• International Review of Economics and Finance
• International Review of Financial Analysis
• International Small Business Journal

• Journal of Banking and Finance

• Journal of Behavioral and Experimental Economics
• Journal of Business Venturing
• Journal of Comparative Economics
• Journal of Corporate Finance
• Journal of Economic Surveys
• Journal of Economics & Management Strategy
• Journal of Financial Stability
• Journal of Institutional Economics
• Journal of International Financial Markets, Institutions & Money
• Journal of International Money and Finance
• Journal of Political Economy
• Journal of Small Business Management
• IEEE Transactions on Engineering Management
• Nature Communications Earth & Environment 
• Neurocomputing
• Pacific-Basin Finance Journal
• Quarterly Journal of Economic Research
• Schmalenbach Journal of Business Research
• Small Business Economics
• Strategic Entrepreneurship Journal
• Strategic Management Journal
• Technological Forecasting and Social Change
• Technovation
• Telematics and Informatics
• Venture Capital - An International Journal of Entrepreneurial Finance

Conferences

• Annual Meeting German Economic Association 2021
• International Conference on Information Systems 2023, 2021, 2020, 2019, 2018
• Interdisziplinäre Jahreskonferenz zu Entrepreneurship, Innovation und Mittelstand (G-Forum) 2019, 2018, 2017, 2016, 2015
• Associate Editor Pre-ICIS Workshop Changing Nature of Work (CNoW) 2019
• "FinTech" Track European Conference on Information Systems 2018, 2017
• 2nd Abbé Grégoire Innovation Day

Information on ongoing and completed projects with third-party funding

2024

• Hornuf, Lars, Christoph Merkle und Stefan Zeisberger (2024): Nudging Investors towards Sustainability: A Field Experiment with a Robo-Advisor - INFINZ Best Paper in Sustainable Investing Award

2023

• Hornuf, Lars and Matthias Mattusch (2023): Fintech Startups in Germany: Firm Failure, Funding Success, and Innovation Capacity - CER FinTech Symposium Best Paper Award

2022

• Hornuf, Lars, Paul Momtaz and Rachel Nam (2022): Cybercrimes on the Ethereum Blockchain, mimeo - Boca Corporate Finance and Governance 2022 Best Paper Award

• Blaseg, Daniel and Lars Hornuf (2022): Playing the Business Angel: The Impact of Well-Known Business Angels on Venture Performance, in: Entrepreneurship Theory and Practice - Shortlisted for DRUID 2022 Best Paper Award
  Electronic (full-text) version

• Hillebrand, Kirsten, Lars Hornuf, Benjamin Müller and Daniel Vrankar (2022): The Social Dilemma of Big Data: Donating Personal Data to Promote Social Welfare, in: Information and Organization - EURAM 2022 Best Paper Award
  Electronic (full-text) version

2019

• Haddad, Christian and Lars Hornuf (2019): The emergence of the global fintech market in: Small Business Economics - 1st International FinTech, InsurTech & Blockchain Forum (Universität Zürich) Best Paper Award
  Electronic (full-text) version