| “The fundamental drive that starts up the capitalist machine and keeps it running comes from the new consumer goods, the new production and transport methods, the new markets, the new forms of industrial organisation, which capitalist entrepreneurship creates.” (Joseph Schumpeter 1911)
Founded in 1971, the European Business School is the oldest state-recognised private academic college of business administration in Germany. Its aim is the training of highly-qualified management successors by means of international practice-orientated study on a scientific basis. The endowed Chair of Commerce for Entrepreneurship wishes to offer specialist subjects as part of this training. The holder of the Chair since its creation in March 1998 is Prof. Dr. Heinz Klandt. The concept of entrepreneurship is made up of many facets. The term “entrepreneur” originally comes from French and means someone who undertakes something. Central to entrepreneurship is the individual who acts. In the economic context this means founding a business and controlling it through its entire lifecycle in an entrepreneurial fashion.
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