Research
RESEARCH
Outstanding personalities of modern history trace their origins back to our University. Ludwig Erhard, for example, father of the German "Economic Miracle" and later Chancellor of the Federal Republic, received his doctorate here. Erich Gutenberg, founder of modern Business Administration, also worked here as a researcher and teacher during the early post-war years. Reinhard Selten, the only German to receive the Nobel Prize in Economics, wrote his post-doctoral thesis at this University, thereby laying the foundations for his work on Game Theory for which he was distinguished in 1994.
And how have we progressed since then? The guiding principles for our research and teaching is to foster theoretical and empirical analysis, to strengthen the close link between economics and business administration, and to facilitate the intensive exchange between theory and practice.
Cooperation fosters awareness
An active cooperation between the business community and the Faculty of Economics and Business Administration is both practiced and furter aspired in the areas of research and teaching. It is especially important for us to formulate research questions and teaching content while keeping a curious and knowing eye on the issues and trends faced by business practitioners. This feedback not only guarantees suggestions on content but also provides societal relevance and a broad spectrum of questions to guide for our research and teaching, which is committed to an approach grounded in theory. The insight gained from our research offer value for practitioners as well. Nothing is of greater applied relevance than a theory that can produce concrete concepts for solutions and recommendations for action.
