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18. January 2017

Second Ring Lecture

The second ring lecture of the SME Graduate School took place on January 18th 2017. The workshop speakers included Prof. Ulf Lorenz (Technology Management), Prof. Sebastian G. Kessing (Public Economics) and Jun.-Prof. Alexander Vossen (Entrepreneurship in Context). Each professor presented the current development status of a topic of his research group. In short 30-minute presentations, the current state in SME research and relevant neighbouring fields have been introduced. Each of the presentations has been followed by a 30-minute discussion.

The opening presentation that day was held by Prof. Ulf Lorenz on Technical Operations Research (hereinafter TOR). It is the aim of TOR to establish quantitative methods for the synthesis of technical systems in engineering sciences. Mathematical optimization is well known in economics under the name of Operations Research (OR). With the example “the optimal design of a booster station” he showed that TOR covers much more than using mathematical modeling and solution algorithms in order to optimize technical systems. Another important subject is the evaluation of new technologies. Therefore, technology management is playing a major role in TOR. As an interdisciplinary science, TOR bridges the gap between mechanical engineering, computer science, mathematics and business studies.

discourse Prof. Lorenz discourse Prof. Kessing

After a short break and an inspiring discussion, Prof. Sebastian G. Kessing proceeded with two topics from the field of public economics. As a first step he presented the project local corporate taxes and start-up behaviour followed by the project pass-through of local corporate taxes for consumer prices. It was shown there are severel effects of local corporate taxes on incentives to start a busniess. An extensive data set, for a period of 13 years, was presented of purchases of fast-moving consumer goods by 30.000 households. The key question being answered was who bears the burden of taxes levied on firm profits. In this context capitalists, workers and consumer are potential contributors.

discourse Prof. Vossen

The third – and last – presentation was held by Jun.-Prof. Alexander Vossen whose scientific interests are innovation and entrepreunership for creative products. He showed users favor proposals with an atypical categorical identity, however they dislike proposals that employ an atypical narrative identity, based on a dataset of 2’705 entrepreneurial product proposals by video game developers.

Once again, the event was a complete success, since very interesting discussion circles were formed, whereby representatives from a wide range of fields could present oneself and their research results. The next ring lecture will take place on January 25th 2017.