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1st Schumpeter School Professionals Day (21.06.2012)

The first "Schumpeter School Professionals Day" took place on June, 21st of 2012. Around 160 guests, university members and entrepreneurs of the region came to the new auditorium center K on Campus Grifflenberg. Center of the event was the figure created by Schumpeter of the Dynamic Entrepreneur, whose task is to achieve economic success through new products, production techniques and organizational forms. Prof. Dr. Norbert Koubek, chairman of the Schumpeter School Foundation, introduced the Schumpeter School Professionals Day program.  Prof. Dr. Michael Fallgatter, Dean of the Department of Economics and Economics, Schumpeter School of Business and Economics, emphasized the importance of entrepreneurship in the Schumpeter School's research, teaching and knowledge transfer. Representing the involvement of the Bergische University of Wuppertal and the Schumpeter School in the area of ​​the founding and development of companies, Prof. Dr. Christine Volkmann, Director of the Institute for Founding and Innovation Research and Head of the Research Center for Entrepreneurship and Innovation, Dr. Werner Jackstädt, opened the program.

The reason for the Professionals Day was the publication of Schumpeter's "Theory of Economic Development" 100 years ago, which is regarded as fundamental for the understanding of business development, economic development and innovation. Prof. Dr. Hans Frambach, Department of Microeconomic Theory, explained the basic features of the work and highlighted the particular role and function of the entrepreneur or dynamic entrepreneur. Some statements by Schumpeter remain modern and visionary even after 100 years.

Dipl.-Ing. Heinz Schmersal, Managing Partner of the Schmersal Group and Chairman of the Board of Trustees of the Schumpeter School Foundation, explained the current practice of an entrepreneur who is expanding globally. A distinctive feature is a corporate strategy, according to which all locations around the world are managed and identically equipped according to the same principles, with research and development concentrated at the Wuppertal headquarters. Dipl.-Kfm. Norbert Brenken, Member of the Board of the Stadtsparkasse Wuppertal, described the long-term experience with entrepreneurs and companies in the region as a dynamic way of dealing with customers, who finance their investments with very different shares of equity and borrowed capital.

Two discussion forums gave insights into everyday life and visions of innovative entrepreneurs at the "Schumpeter School Professionals Day". Moderated by Dr. Brigitte Halbfas, Institute for Founding and Innovation Research, the owners and managing directors presented their innovative companies to the public: Wavescape Technologies was presented by Dr. Carsten Winkler, Trendcard / Innlights GmbH by Dipl.-Ök. Thomas Klem and Thomas Golatta, Ceteq GmbH of Dr. Tariq Odeh and TFI GmbH from Dipl.-Betriebswirt Steffen Braun.

The discussion group "Family-led companies and globalization" moderated by Prof. Dr. Norbert Koubek, addressed the challenges of family businesses through globalization. Leading entrepreneurs such as Peter Cöllen (Vorwerk Autotec), Marc Martin (Happich GmbH), Colja M. Dam (VOK DAMS) and Ralf Putsch (Knipex) explained successful strategies, visions, programs and individual measures. Michael Wenge, CEO of the Wuppertal-Solingen-Remscheid Chamber of Commerce, presented the perspective of the Chamber of Industry and Commerce as well as the foreign branches of the Chambers of Industry and Commerce and gave an overview of the status and evaluation of the global engagement of companies in general and those of the region in particular. Due to the success of the 1st Schumpeter School Professionals Day a continuation of the event is planned.