Lars Hornuf – författare

This book focuses on traditional fields of business studies and economics and how digitalization has affected them. It provides an overview about the lessons learned from academic research and highlights implications for practitioners. Digitalization has not only changed the ways business administration and economics are taught, but also the substance at the core of the two disciplines. Chapters from expert contributors define and carefully evaluate the developments that have occurred over the last decades. The authors further provide an assessment of how industry branches have adapted and in which form regulators have engaged. Attention is given to the theoretical and empirical findings from recent scholarly literature. Furthermore, the authors provide some novel insights from their own research at the University of Bremen. This book appeals to business administration, economics, and entrepreneurship scholars and practitioners alike.

The digital economy is reinvigorating regulatory competition, yet little is known about which rules and jurisdictions can effectively bind companies nor what competitive motivations underlie certain rules. In addition to purely economic motives, legislators are now also driving the pursuit of digital sovereignty and the enforcement of social values in digital spaces. It also remains unclear what regulatory weight the self-regulation of private companies has in multi-level governance systems. This book examines regulatory competition in the three main pillars of digital markets: artificial intelligence, data, and platforms. It brings together legal scholars, economists and information systems experts, providing relevant examples and structured analysis of the aims and outcomes of regulatory competition in the digital economy.

“A timely exploration of the balancing acts regulators must perform to manage private power in a globalized digital economy. Essential for understanding the intersection of law, economics, and technology in the contemporary digital ecosystem.”

Jens Frankenreiter, Associate Professor of Law, Washington University

“The book by Denga and Hornuf provides a comprehensive and timely exploration of the intricate regulatory challenges posed by big data, artificial intelligence, and platforms in the Digital Single Market. If offers critical insights for policymakers, scholars, and businesses navigating this evolving landscape.”

Philipp Hacker, Professor for Law and Ethics of the Digital Society, European University Viadrin

“Artificial Intelligence is fundamentally disrupting how we enable economic growth and how we regulate fair competition. Luckily, Denga and Hornuf provide a detailed and comprehensive overview of the thorniest and most complex regulatory issues while at the same time offering thoughtful and feasible solutions.  "Regulatory Competition in the Digital Economy" is a treasure trove for anyone interested in market regulation, fair competition, consumer protection, and geopolitical questions.”

Sandra Wachter, Professor of Technology and Regulation, Oxford Internet Institute

This book focuses on market developments of crowdfunding, crowdinvesting, crowdlending, social trading, robo-advice, personal financial management, online payment and mobile payment in Germany. FinTech companies are an important driver of innovation in the financial industry. By making financial transactions more user-friendly and transparent, these firms potentially contribute to financial stability and economic growth. The authors define and categorize the different market segments that have emerged. They further provide an assessment of current market volumes and make forecasts for the next 5, 10 and 20 years. Particular attention is given to the empirical findings resulting from scholarly research. Furthermore, the authors evaluate how the German FinTech market ranks relative to international standards. This book will appeal to finance and entrepreneurship researchers as well as practitioners from banking and tech industries.

“This book offers a fresh and fascinating look at the FinTech market. The authors provide a rigorous economic analysis of the FinTech market in Germany and offer many insights that are of interest to practitioners, academics, and policymakers alike.”

–Professor Douglas Cumming, Schulich School of Business

This book focuses on various types of crowdfunding and the lessons learned from academic research. Crowdfunding, a new and important source of financing for entrepreneurs, fills a funding gap that was traditionally difficult to close. Chapters from expert contributors define and carefully evaluate the various market segments: donation-based and reward-based crowdfunding, crowdinvesting and crowdlending. They further provide an assessment of startups, market structure, as well as backers and investors for each segment. Attention is given to the theoretical and empirical findings from the recent economics and finance literature. Furthermore, the authors evaluate relevant regulatory efforts in several jurisdictions. This book will appeal to finance, entrepreneurship and legal scholars as well as entrepreneurs and platform operators.