Prof. Dr. Holger Patzelt

Academic Career and Research Areas

Professor Patzelt (b. 1974) conducts research on business ventures, strategic entrepreneurship and startup failure. His work covers both psychological aspects, such as cognition and decision-making by entrepreneurs, and economic factors, such as the behavior and success of entrepreneurial organizations.

Professor Patzelt obtained his degree in chemistry from TUM and the University of Karlsruhe. He completed his PhD in molecular biology at the University of Heidelberg. Parallel to this he completed post-graduate coursework in business administration at the Distance Education University Hagen (Fernuniversität Hagen) and a PhD in business administration from the University of Bamberg. He later served as associate director at the Max Planck Institute of Economics in Jena and completed his postdoctoral teaching qualification (habilitation) at the European Business School in Oestrich-Winkel. He has conducted research at ETH Zurich and the Leeds Business School of the University of Colorado in Boulder, USA. Prof. Patzelt joined TUM in 2010.


  • Best Reviewer Award, Entrepreneurship: Theory & Practice (2012)
  • Wesley J. Howe Award for Excellence in Research on the Topic of Corporate Entrepreneurship, Babson College Entrepreneurship Research Conference, Chapel Hill, NC, USA (2008)
  • Fürther Ludwig Erhard Award (2007)
  • Haarmann Award of the University of Bamberg (2007)

Key Publications (alle Publikationen)

Patzelt H, Behrens J, Wolfe M, Shepherd DA: "Perceived project transition support and employees´ assessments of entrepreneurial project performance". Journal of Business Venturing. 2018; forthcoming.


Breugst N, Patzelt H, Rathgeber P: "How should we divide the pie? Equity distribution and its impact on entrepreneurial teams". Journal of Business Venturing. 2015; 30(1): 66-94.


Patzelt H, Williams TA, Shepherd DA: "Overcoming the walls that constrain us: Reactions to an entrepreneurship education program in prison". Academy of Management Learning & Education. 2014; 13(4): 587-620.


Shepherd DA, Patzelt H, Baron RA: "I care about nature, but ...: Disengaging values in assessing opportunities that cause harm". Academy of Management Journal. 2013, 56(5): 1251-1273.


Shepherd DA, Patzelt H, Wolfe M: "Moving forward from project failure: Negative emotions, affective commitment, and learning from experience". Academy of Management Journal. 2011, 54(6): 1229-1259.