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Messe Frankfurt endowed professorship gives new impulses for science

Professor Matthias Schündeln gave his inaugural lecture on the subject of "Developmental economics research on enterprises: contents and methods" in the festival hall of the Goethe University Casino. The University has appointed Professor Schündeln to the Messe Frankfurt Endowed Chair of International Economic Politics and with his appointment has managed to bring a worldwide acknowledged economics expert from Harvard to Frankfurt.

The endowed professorship marks the beginning of a new form of cooperation between Messe Frankfurt and Goethe University. With this professorship, unique in Germany, a new research field is opened and on this basis new impulses will be given for science and economics. This professorship in the faculty of economic sciences was endowed on the occasion of the 60th anniversary of the first post-war Frankfurt export trade fair, which was opened by Ludwig Erhard on 3rd October 1948.

In his inaugural lecture, Professor Schündeln spoke on the subject of enterprises in developing and emerging countries, with a focus on exemplifying modern methods of empirical economic research. These were illustrated by three questions: What effect can be expected from the training programmes – widespread in the field of development cooperation – for small entrepreneurs? Does the global financial crisis also affect enterprises in developing countries? Do trade fairs in developing countries play a role in the spread of new technologies?



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