MBS is not only keen on establishing relationships with companies, but is also in touch with the latest trends in research and teaching.
The Courage Center of Global Family Firms is a joint initiative of Munich Business School and Courage. “We created it to promote the precise identification of new business models, assist their timely start-up/incubation and actively close the gap for early-stage funding,” says Marc-Michael Bergfeld, Professor for Family Firms at MBS and Director of the Courage Center. According to Bergfeld, the center acts as Think Tank for business-controlling families and provides executive education in the areas of “Pan-generational Development of Family Firms” and “Global Entrepreneurship & Innovation”.
The center has contributed cutting-edge research in the domain of Global Entrepreneurship (e.g. the publication by Bergfeld (2009): Global Innovation Leadership – the strategic development of worldwide innovation competence) and has been at the forefront of research regarding the long–term prosperity, entrepreneurship and innovation of European companies, in particular the family–controlled ones (e.g. winning a Best Poster Presentation Award at the Family Enterprise Research Conference 2011 in Grand Rapids, USA, for the paper Bergfeld (2011): Dynamic Dynasties: How Germany’s high-performance Family Firms leverage business opportunities along technology lifecycles).
The center collaborates very closely with hand–selected international partner institutions, such as, a.o., IIE – The Institute of Innovation and Entrepreneurship at Singapore Management University, Management Forum Starnberg (as co-host of the Summer School Innovation Management) and Manchester Business School’s Institute of Innovation Research, and involves the MBS professors and lecturers in its research and foundation projects. The center also hosts the annual Munich Venture Summit.
The “European Center for Social Finance” at Munich Business School is dedicated to academic research, business intelligence, and technical assistance in the social finance sector, commanding a variety of proven instruments as well as experience in working with stakeholders that are relevant within the social finance sector. It has close ties to the European community and working relationships with experts across the continent.
The “European Center for Social Finance” works at the interface between theory, practice, and policy, and views social finance as a process that encompasses, among other selection criteria, financing structures and impact assessment. Recent examples include a book published by Palgrave Macmillan on Impact Investing or a study for the European Liberal Forum on the transformation of social security systems into the digital working age.
Relevant projects, which include technical assistance for the European Commission and an EEA Grants funded research project linking finance, entrepreneurship, and youth unemployment, are already on the way. Additional information on both projects will be published soon.