Prof. Dr. Volker Hoffmann
Weinbergstrasse 56/58
Room WEV J 412
CH-8092 Zurich
Phone: +41 44 632 05 40
E-Mail:
Volker Hoffmann is Professor for Sustainability and Technology and the former Head of the Department of Management, Technology, and Economics of ETH Zurich (2011-2014). He is a member of the Executive Board of the Energy Science Center at ETH Zurich and has been a co-principal investigator in a number of large-scale research projects on the energy transition (PATHFINDR, CREST, FEEB&D, IMES, CLIMPOL).
Volker Hoffmann's research at ETH Zurich centers on corporate strategies with respect to climate change and the energy transition. His work focuses on climate policy, energy policy, and innovation and uses a mix of quantitative and qualitative methods. Research results have been published in management journals such as Organization Science, the Journal of Management Studies or Research Policy, topical journals such as Climate Policy, Energy Policy or Global Environmental Change, economics journals such as Energy Economics or Ecological Economics and applied journals such as Long Range Planning, the California Management Review or the European Management Journal.
Volker Hoffmann holds a diploma in chemical engineering from ETH Zurich and a diploma in business administration from the University of Hagen, Germany. He worked as a visiting scholar at MIT where he investigated uncertainty propagation in large scale process models (group of Gregory J. McRae) and obtained his Ph.D. from ETH Zurich with a thesis on multi-objective decision making under uncertainty in chemical process design (group of Konrad Hungerbühler). Before joining the faculty of ETH Zurich in 2004, he was a project manager at McKinsey & Company where he worked on strategy development in the chemical and electricity industry, especially in the light of upcoming greenhouse gas regulations. In 2007, Volker Hoffmann was a visiting scholar at the Indian Institute of Technology in Roorkee, India, and in 2019 he was a visiting scholar at the Department of Land Economy at the University of Cambridge, UK.
During his career, Volker Hoffmann received several scholarships including a German National Academic Foundation Scholarship, an Ernest-Solvay-Scholarship, and an Exchange Fellow Scholarship of the Alliance for Global Sustainability. He also received several recognitions for his teaching, including the 2019 Golden Owl Award for the best teaching in the Department of Management, Technology, and Economics of ETH Zurich, and was a 2018 finalist for the prestigious KITE award of ETH Zurich for key innovations in teaching.
Contributions of Volker Hoffmann in this area have a focus on organizational activities and processes and investigate whether and how companies engage in sustainability. For example, a central paper concerns our general understanding of corporate sustainability (Meuer et al., 2019). Other papers investigate how firms perceive sustainability or not and whether they can draw economic advantages out of this perception (Delmas et al, 2011, Pinkse et al., 2010). A third set of papers investigates how companies build up the necessary capabilities to adjust their activities towards sustainability (Ossenbrink et al., 2019, Peters et al., 2011).
- Delmas M., Hoffmann V.H., Kuss M. (2011): “Under the tip of the iceberg: absorptive capacity, environmental strategy and competitive advantage", Business & Society 50, 116-154.
- Meuer, J.; Koelbel, J.; Hoffmann, V.H. (2019): "On the Nature of Corporate Sustainability." Organisation & Environment, 1-23.
- Ossenbrink J.*, Hoppmann J.*, Hoffmann V.H. (2019): "Hybrid Ambidexterity: How the Environment Shapes Incumbents’ Use of Structural and Contextual Approaches", Organization Science, 30, 6: 1125-1393.
- Peters N.J., Hofstetter J.S., Hoffmann V.H. (2011): "Institutional entrepreneurship capabilities for interorganizational sustainable supply chain strategies", International Journal of Logistics Management 22, 52-86.
- Pinkse J., Kuss M.J., Hoffmann V.H. (2010): "On the implementation of a ‘global’ environmental strategy: The role of absorptive capacity", International Business Review 19, 160–177.
Contributions of Volker Hoffmann in this area focus on modelling the interactions between energy policy and technology and their effects on the energy transition. Examples include work on how responsive policy designs can meet their targets at a lower cost (e.g., Nuñez-Jimenez et al., 2020a; 2020b), work on policy mixes and their impact on interrelated technologies (Schwarz et al., 2018), work on the impacts of uncertainty on lifecycle costs of stationary batteries (Battke et al., 2013), and work on the conditions that favor the deployment of self-sufficient decentralized energy systems (Grosspietsch et al. 2018).
- Battke, B.; Schmidt, T.S.; Grosspietsch, D.; Hoffmann, V.H. (2013): “A review and probabilistic model of lifecycle costs of stationary batteries in multiple applications.” Renewable & Sustainable Energy Reviews, 25, 240-250
- Grosspietsch, D.; Thömmes, P.; Girod, B.; Hoffmann, V.H. (2018): “How, when, and where? Assessing renewable energy self-sufficiency at the neighborhood level.” Environmental Science & Technology, 52 (4), 2339–2348.
- Nuñez-Jimenez, A.; Knoeri, C.; Rottmann, F; Hoffmann, V.H. (2020a): “The role of responsiveness in deployment policies: A quantitative, cross-country assessment using agent-based modelling.” Applied Energy, Vol. 275.
- Nuñez-Jimenez, A., Knoeri, C., Hoppmann, J., Hoffmann, V.H. (2020b): “Can designs inspired by control theory keep deployment policies effective and cost-efficient as technology prices fall?” Environmental Research Letters, 15, 4.
- Schwarz, M.; Ossenbrink, J.; Knoeri, C.; Hoffmann, V.H. (2018): “Addressing integration challenges of high shares of residential solar photovoltaics with battery storage and smart policy designs.” Environmental Research Letters, 14, 074002.
Several contributions of Volker Hoffmann investigate the impact of energy and climate policies on firm strategies and technological change to draw conclusions about the efficiency and effectiveness of alternative policy designs. Using case study with companies as well as large-N regressions, energy and climate policy are taken as examples to improve our theoretical understanding of the mechanisms that link public policies and innovations within firms. Recent work includes investigations on the effects of technology-push and demand-pull policies (Peters et al., 2012; Hoppmann et al., 2013; Schmidt et al., 2016), on the role of learning and knowledge spill-overs between innovations and sectors (Battke et al., 2016; Stephan et al., 2017, Stephan et al., 2021) and on innovation patterns over time (Huenteler et al., 2016).
- Battke, B.; Schmidt, T.; Stollenwerk, S.; Hoffmann, V.H. (2016): “Internal or external spillovers—Which kind of knowledge is more likely to flow within or across technologies.” Research Policy, 45:1, 27-41.
- Hoppmann, J.; Peters, M.; Schneider, M.; Hoffmann, V.H. (2013): “The Two Faces of Market Support - How Deployment Policies Affect Technological Exploration and Exploitation in the Solar Photovoltaic Industry.” Research Policy 42:4, 989-1003.
- Huenteler, J., Ossenbrink, J., Schmidt, T.S., Hoffmann, V.H. (2016): “How a product’s design hierarchy shapes the evolution of technological knowledge - Evidence from patent-citation networks in wind power”, Research Policy, 45: 6, 1195-1217.
- Peters M., Schneider M., Griesshaber T., Hoffmann V.H. (2012): “The impact of technology-push and demand-pull policies on technical change - does the locus of policies matter?” Research Policy 41:8, 1296-1308.
- Schmidt, T.S.; Battke, B.; Grosspietsch, D.; Hoffmann, V.H. (2016): “Do deployment policies pick technologies by (not) picking applications?—A simulation of investment decisions in technologies with multiple applications.” Research Policy, 45:10, 1965–1983.
- Stephan A., Schmidt T.S., Bening C.R., Hoffmann V.H. (2017): „The sectoral configuration of technological innovation systems: Patterns of knowledge development and diffusion in the lithium-ion battery technology in Japan.” Research Policy, 46:4, 709-723.
- Stephan. A., Diaz Anadon, L., Hoffmann, V.H. (2021): “How has external knowledge contributed to lithium-ion batteries for the energy transition?” iScience, 24 (1), 101995.
- Zepa, I., & Hoffmann, V. (2023): "Policy mixes across vertical levels of governance in the EU: The case of the sustainable energy transition in Latvia." Environmental Innovation and Societal Transitions, Volume 47. Downloaddoi:10.1016/j.eist.2023.100699vertical_align_bottom
- Kuhlmann, M., Bening, C. R., & Hoffmann, V. (2022): "How incumbents realize disruptive circular innovation - Overcoming the innovator’s dilemma of the circular economy." In Business Strategy and the Environment, p. 1-16. Downloaddoi:10.1002/bse.3109vertical_align_bottom
- Petkov, I., Mavromatidis, G., Knoeri, C., Allan, J., Hoffmann, V. H. (2022): "MANGOret: An optimization framework for the long-term investment planning of building multi-energy system and envelope retrofits." Applied Energy, Volume 314, Downloadhttps://doi.org/10.1016/j.apenergy.2022.118901vertical_align_bottom
- Kuhlmann, M.; Bening, C.R.; Hoffmann, V.H. (2022): “How incumbents realize disruptive circular innovation - Overcoming the innovator’s dilemma of the circular economy”, Business Strategy & the Environment (accepted for publication)
- Petkov, I., Knoeri, C., Hoffmann, V. H. (2021), The interplay of policy and energy retrofit decision-making for real estate decarbonization. Environmental Research: Infrastructure and Sustainability, Volume 1, Downloaddoi: 10.1088/2634-4505/ac3321vertical_align_bottom
- Stephan. A., Diaz Anadon, L., Hoffmann, V.H. (2021): “How has external knowledge contributed to lithium-ion batteries for the energy transition?” iScience, 24 (1), 101995. doi: Download10.1016/j.isci.2020.101995vertical_align_bottom
- Sinsel, S., Markard, J., Hoffmann, V.H., (2020): “How deployment policies affect innovation in complementary technologies—evidence from the German energy transition.” Technological Forecasting and Social Change, 161, 120274. doi: Download10.1016/j.techfore.2020.120274vertical_align_bottom
- Nuñez-Jimenez, A.; Knoeri, C.; Rottmann, F; Hoffmann, V. (2020): "The role of responsiveness in deployment policies: A quantitative, cross-country assessment using agent-based modelling." Applied Energy, Vol. 275. doi: Download10.1016/j.apenergy.2020.115358vertical_align_bottom
- Nuñez-Jimenez, A., Knoeri, C., Hoppmann, J., Hoffmann, V. (2020): “Can designs inspired by control theory keep deployment policies effective and cost-efficient as technology prices fall?” Environmental Research Letters, 15, 4. doi: Download10.1088/1748-9326/ab6fbfvertical_align_bottom
- Sinsel S., Riemke R., Hoffmann V. (2019): “Challenges and solution technologies for the integration of variable renewable energy sources—a review.” Renewable Energy, 145, pp 2271-2285. doi: Download10.1016/j.renene.2019.06.147vertical_align_bottom
- Meuer, J.; Koelbel, J.; Hoffmann, V.H. (2019): "On the Nature of Corporate Sustainability." Organisation & Environment, 1-23. doi: Download10.1177/1086026619850180vertical_align_bottom
- Stephan, A., Bening, C.R., Schmidt, T.S., Schwarz, M., Hoffmann, V.H. (2019): "The role of inter-sectoral knowledge spillovers in technological innovations: The case of lithium-ion batteries" Technological Forecasting and Social Change, 148, 119718. doi: Download10.1016/j.techfore.2019.119718vertical_align_bottom
- Ossenbrink J.*, Hoppmann J.*, Hoffmann V.H. (2019): "Hybrid Ambidexterity: How the Environment Shapes Incumbents’ Use of Structural and Contextual Approaches", Organization Science, 30(6), 1319-1348. doi: Download10.1287/orsc.2019.1286vertical_align_bottom *Authors contributed equally
- Schwarz, M.; Ossenbrink, J.; Knoeri, C.; Hoffmann, V. H. (2018): "Addressing integration challenges of high shares of residential solar photovoltaics with battery storage and smart policy designs.” Environmental Research Letters, 14, 074002. doi: Download10.1088/1748-9326/aaf934vertical_align_bottom
- Ossenbrink, J.; Finnsson, S.; Bening, C.R.; Hoffmann, V.H. (2018): "Delineating policy mixes: Contrasting top-down and bottom-up approaches to the case of energy-storage policy in California." Research Policy, in press. doi: Download10.1016/j.respol.2018.04.014vertical_align_bottom
- A. Stephan, T.S. Schmidt, C.R. Bening, V.H. Hoffmann (2017): „ The sectoral configuration of technological innovation systems: Patterns of knowledge development and diffusion in the lithium-ion battery technology in Japan.” Research Policy, 46, 709-723. doi: Download10.1016/j.respol.2017.01.009vertical_align_bottom
- Markard, J.; Hoffmann, V.H. (2016): "Analysis of complementarities: Framework and examples from the energy transition"; Technological Forecasting & Social Change, 111, 63-75. doi:Download10.1016/j.techfore.2016.06.008vertical_align_bottom
- Schmidt, T.S.; Battke, B.; Grosspietsch, D.; Hoffmann, V.H. (2016): "Do deployment policies pick technologies by (not) picking applications?—A simulation of investment decisions in technologies with multiple applications." Research Policy, 45, 1965–1983. doi:Download10.1016/j.respol.2016.07.001vertical_align_bottom
- Huenteler, J., Ossenbrink, J., Schmidt, T.S., Hoffmann, V.H. (2016):
"How a product’s design hierarchy shapes the evolution of technological knowledge - Evidence from patent-citation networks in wind power", Research Policy, 45, 1195-1217. doi:Download10.1016/j.respol.2016.03.014vertical_align_bottom - Huenteler, J., Schmidt, T.S., Ossenbrink, J., Hoffmann, V.H. (2015): "Technology life-cycles in the energy sector - Technological characteristics and the role of deployment for innovation", Technology Forecasting and Social Change. doi:Download10.1016/j.techfore.2015.09.022vertical_align_bottom
- Battke, B.; Schmidt, T.; Stollenwerk, S.; Hoffmann, V.H. (2016)
"Internal or external spillovers—Which kind of knowledge is more likely to flow within or across technologies." Research Policy, 45, 27-41.doi:Download10.1016/j.respol.2015.06.014vertical_align_bottom - Hoppmann J., Volland J., Schmidt T.S., Hoffmann V.H. (2014): "The Economic Viability of Battery Storage for Residential Solar Photovoltaic Systems - A Review and a Simulation Model", Renewable and Sustainable Energy Reviews, 39, 1101–1118. doi: Download10.1016/j.rser.2014.07.068vertical_align_bottom
- Battke B., Schmidt T.S., Grosspietsch D., Hoffmann V.H. (2013): "A review and probabilistic model of lifecycle costs of stationary batteries in multiple applications", Renewable and Sustainable Energy Reviews 25: 240-250. doi: Download10.1016/j.rser.2013.04.023vertical_align_bottom
- Hoppmann J., Peters M., Schneider M., Hoffmann V.H. (2013): "The Two Faces of Market Support - How Deployment Policies Affect Technological Exploration and Exploitation in the Solar Photovoltaic Industry", Research Policy. doi: Download10.1016/j.respol.2013.01.002vertical_align_bottom
- Furrer B., Hamprecht J., Hoffmann V.H. (2012): "Much Ado About Nothing? How Banks Respond to Climate Change" Business & Society 51 (2012), 62-88. doi: Download10.1177/0007650311427428vertical_align_bottom
- Peters M., Schneider M., Griesshaber T., Hoffmann V.H. (2012): "The impact of technology-push and demand-pull policies on technical change - does the locus of policies matter?" Research Policy (2012). doi: Download10.1016/j.respol.2012.02.004vertical_align_bottom
- Schmidt T.S., Schneider M., Hoffmann V.H. (2012): "Decarbonising the power sector via technological change - differing contributions from heterogeneous firms" Energy Policy 43 (2012), 466-479. doi: Download10.1016/j.enpol.2012.01.041vertical_align_bottom
- Schmidt T.S., Schneider M., Rogge K.S., Schuetz M.J.A., Hoffmann V.H. (2012): "The effects of climate policy on the rate and direction of innovation – a survey on the EU ETS and the electricity sector" Environmental Innovation and Societal Transitions 2 (2012), 23-48. doi: Download10.1016/j.eist.2011.12.002vertical_align_bottom
- Busch T., Weinhofer G., Hoffmann V.H.: "The carbon performance of the 100 largest US electricity producers”, Utilities Policy (2011), 19(2): 95-103. doi: Download10.1016/j.jup.2010.12.002vertical_align_bottom
- Delmas M., Hoffmann V.H., Kuss M.: “Under the tip of the iceberg: absorptive capacity, environmental strategy and competitive advantage" Business & Society 50 (2011), 116-154. doi: Download10.1177/0007650310394400vertical_align_bottom
- Engau C., Hoffmann V.H.: "Corporate Response Strategies to Regulatory Uncertainty: Evidence from Uncertainty about Post-Kyoto Regulation" Policy Sciences 44 (2011), 53–80. doi: Download10.1007/s11077-010-9116-0vertical_align_bottom
- Engau C., Hoffmann V.H.: "Strategizing in an unpredictable climate: Exploring corporate strategies to cope with regulatory uncertainty" Long Range Planning 44 (2011), 42-63. doi: Download10.1016/j.lrp.2010.11.003vertical_align_bottom
- Engau C., Hoffmann V.H., Busch T.: "Airlines’ Flexibility in Facing Regulatory Uncertainty: To Anticipate or Adapt?” California Management Review 54 (2011), 107-125. doi:Download10.1525/cmr.2011.54.1.107vertical_align_bottom
- Peters N.J., Hofstetter J.S., Hoffmann V.H.: "Institutional entrepreneurship capabilities for interorganizational sustainable supply chain strategies" International Journal of Logistics Management 22 (2011), 52-86. doi: Download10.1108/09574091111127552vertical_align_bottom
- Rogge K.S., Schneider M., Hoffmann V.H.: "The innovation impact of the EU Emission Trading System - Findings of company case studies in the German Power Sector" Ecological Economics 70 (2011), 513–523. doi: Download10.1016/j.ecolecon.2010.09.032vertical_align_bottom
- Ziegler A., Busch T., Hoffmann V.H.: "Disclosed Corporate Responses to Climate Change and Stock Performance: An International Empirical Analysis" Energy Economics 33 (2011), 1283-1294. doi: Download10.1016/j.eneco.2011.03.007vertical_align_bottom
- Ziegler A., Schwarzkopf J., Hoffmann V.H.: "Stated Versus Revealed Knowledge: Determinants of Offsetting CO2 Emissions from Fuel Consumption in Vehicle Use" Energy Policy 40 (2012), 422-431. doi: Download10.1016/j.enpol.2011.10.027vertical_align_bottom
- Busch T., Hoffmann V.H.: "How hot is your bottom-line? Linking carbon and financial performance" Business & Society 50 (2011), 233-265. doi: Download10.1177/0007650311398780vertical_align_bottom
- Pinkse J., Kuss M.J., Hoffmann V.H.: "On the implementation of a ‘global’ environmental strategy: The role of absorptive capacity" International Business Review 19 (2010), 160–177. doi: Download10.1016/j.ibusrev.2009.11.005vertical_align_bottom
- Rogge K.S., Hoffmann V.H.: "The impact of the EU ETS on the sectoral innovation system for power generation technologies - Findings for Germany" Energy Policy 38 (2010), 7639-7652. doi: Download10.1016/j.enpol.2010.07.047vertical_align_bottom
- Schneider M., Hendrichs H., Hoffmann V.H.: "Navigating the Global Carbon Market - An analysis of the CDM’s value chain and prevalent business models" Energy Policy 38 (2010), 277-287. doi: Download10.1016/j.enpol.2009.09.017vertical_align_bottom
- Schneider M., Schmidt T.S., Hoffmann V.H.: "Performance of Renewable Energy Technologies under the CDM" Climate Policy 10 (2010), 17–37. doi: Download10.3763/cpol.2008.0580vertical_align_bottom
- Weinhofer G., Hoffmann V.H.: "Mitigating climate change - how do corporate strategies differ?" Business Strategy and the Environment 19 (2010), 77-89. doi: Download10.1002/bse.618vertical_align_bottom
- Busch T., Hoffmann V.H.: “Ecology-driven Real Options: an Investment Framework for Incorporating Uncertainties in the Context of the Natural Environment” Journal of Business Ethics 90 (2009), 295-310. doi: Download10.1007/s10551-009-0043-yvertical_align_bottom
- Engau C., Hoffmann V.H.: "Effects of Regulatory Uncertainty on Corporate Strategy - An Analysis of Firm Responses to Uncertainty about Post-Kyoto Policy" Environmental Science & Policy 12 (2009), 766–777. doi: Download10.1016/j.envsci.2009.08.003vertical_align_bottom
- Hoffmann V.H., Sprengel D.C., Ziegler A, Kolb M., Abegg B.: "Determinants of Corporate Adaptation to Climate Change in Winter Tourism: An Econometric Analysis" Global Environmental Change 19 (2009), 256–264. doi: Download10.1016/j.gloenvcha.2008.12.002vertical_align_bottom
- Hoffmann V.H., Trautmann T., Hamprecht J.: "Regulatory uncertainty – a reason to postpone investments? Not necessarily" Journal of Management Studies 46 (2009), 1227-1253. doi: Download10.1111/j.1467-6486.2009.00866.xvertical_align_bottom
- Schneider M., Hoffmann V.H., Gurjar B.R.: "Corporate Responses to the Clean Development Mechanism - the Indian Pulp and Paper Industry" Climate Policy 9 (2009), 255–272. doi:Download10.3763/cpol.2007.0476vertical_align_bottom
- Sugiyama H., Fischer U., Antonijuan E., Hoffmann V.H., Hirao M., Hungerbühler K.: "How do Different Process Options and Evaluation Settings affect Economic and Environmental Assessments? A Case Study on Methyl Methacrylate (MMA) Production Processes" Process Safety and Environmental Protection 87 (2009), 361–370. doi: Download10.1016/j.psep.2009.08.002vertical_align_bottom
- Hoffmann V.H., Busch T.: "Corporate Carbon Performance Indicators: Carbon Intensity, Dependency, Exposure, and Risk" Journal of Industrial Ecology 12 (2008), 505-520. doi: Download10.1111/j.1530-9290.2008.00066.xvertical_align_bottom
- Hoffmann V.H., Trautmann T., Schneider M.: "A taxonomy for regulatory uncertainty - Application to the European Emission Trading Scheme" Environmental Science & Policy 11 (2008), 712-22. doi: Download10.1016/j.envsci.2008.07.001vertical_align_bottom
- Schneider M., Holzer A., Hoffmann V.H.: "Understanding the CDM’s contribution to technology transfer" Energy Policy 36 (2008), 2920-2928. doi: Download10.1016/j.enpol.2008.04.009vertical_align_bottom
- Busch T., Hoffmann V.H.: "Emerging Carbon Constraints for Corporate Risk Management" Ecological Economics 62 (2007), 518-528. doi: Download10.1016/j.ecolecon.2006.05.022vertical_align_bottom
- Hoffmann V.H.: "EU ETS and Investment Decisions: The Case of the German Electricity Industry" European Management Journal 25 (2007), 464-474. doi: Download10.1016/j.emj.2007.07.008vertical_align_bottom
- Hoffmann V.H., Busch T.: "Carbon Constraints in the 14th and 21th century" Journal of Industrial Ecology 11 (2007), 1-3.
- Kolk A., Hoffmann V.H.: "Business, Climate Change and Emissions Trading: Taking Stock and Looking Ahead" European Management Journal 25 (2007), 411-414. doi: Download10.1016/j.emj.2007.08.003vertical_align_bottom