Research Centers &
Partner Research Centers

LSM - Center for Life Sciences and Management

The Center for Life Sciences and Management brings together closely networked specialist sectors such as forestry and agriculture, chemicals, plastics, food & food technology, and plant engineering. It thus builds a bridge between technology, ecology and economic efficiency. Work takes place at an international level, particularly in the areas of bioeconomy and “closing the loop“. The research encompasses the entire value chain from production to consumption. “Reverse flows“ such as recycling play a crucial role here. Moreover, by effectively combining research and teaching, the Center for Life Sciences and Management ensures that its research findings exert a lasting impact and generate valuable synergies.

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CEM – Center for Energy Markets

With the support of Munich Municipal Utilities (Stadtwerke München GmbH (SWM)), TUM School of Management has founded the Center for Energy Markets (CEM). The partners aim to conduct ongoing and rigorous analysis of evolution in the energy industry, and facilitate excellent interdisciplinary training of professionals in this emergent field. The focus of research is on the analysis of energy prices, trading strategies in the energy sector, and investment decisions for power plants. Specialisms also include regulated electricity and gas networks, as well as asset management in the energy industry. Another major challenge lies in the area of electromobility management.

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CEFS - Center for Entrepreneurial and Financial Studies

In 2003 the Chair in Entrepreneurial Finance (Prof. Dr. Dr. Ann-Kristin Achleitner) and the Chair of Financial Management (Prof. Dr. Christoph Kaserer) jointly founded the Center for Entrepreneurial and Financial Studies (CEFS). In 2015 Prof. Dr. Reiner Braun (Chair in Entrepreneurial Finance II) completed the Scientific Director Team. CEFS is supported by appr. 20 scientific assistants and a managing director. Furthermore, an international network of highly renowned scientists as well as representatives of nu-merous business fields add to the CEFS portfolio.

CEFS aims to provide state of the art research and teaching in the fields of entrepreneurial and financial studies. The research focus is on corporate financing and ownership structures in public and private capital markets. Special attention is paid to the analysis of the demand for capital by young and innovative companies as well as the supply of debt and risk capital by banks and institutional investors. Within the scope of its research CEFS collaborates on a series of projects with selected industry partners, including leading investment and consulting companies as well as financial intermediaries.

A special focus is laid on the practical relevance and applicability of the research outcomes. On the basis of scientifically grounded analyses and in close dialogue with practitioner, solutions for real life problems are found.

An exemplary CEFS project was the development of two indices in collaboration with Deutsche Börse: The German Entrepre-neurial Index (GEX, 2005) and the DAXplus® Family (2010). The GEX enabled a view at entrepreneurial companies in the prime standard. 2005 Prof. Achleitner and Prof. Kaserer received the Initiativpreis of Stiftung Industrieforschung for the development of the GEX. The DAXplus® Family tracks the performance of listed family businesses in the prime standard. In 2010 CEFS was awarded one of the 365 Orte im Land der Ideen (Places in the country of ideas) for its achievements in practically relevant research and teaching.

CEFS holds its own working paper series and is part of several freely available publications and research studies. It has its own newsletter.

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ERI – Entrepreneurship Research Institute

Entrepreneurship is an emerging and important research field in business, economics, and psychology. The goal of the Entre-preneurship Research Institute is to help develop this field and improve our understanding of entrepreneurial individuals and or-ganizations. One part of the research at this center takes a psychological perspective and investigates entrepreneurial cognition and decision making. Our second research stream follows a business perspective and tries to understand the behavior of young organizations and factors that contribute to their success. The ERI team is interdisciplinary and composed of researchers with diverse backgrounds and qualifications, including management, psychology, economics, sociology, and natural sciences.

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CDTM – Center for Digital Technology and Management

The Center for Digital Technology and Management (CDTM) is a joint institution of TUM and the Ludwig-Maximilians-Universität München (LMU). Founded in 1998 and as a member of the Elite Network Bavaria, CDTM is a center for interdisciplinary teaching, research and entrepreneurship with around 75 active students and more than 600 alumni. Each semester, 25 highly qualified and ambitious students from various backgrounds are selected to attend the add-on study program “Technology Management”. CDTM is run by a management team consisting of ten doctoral candidates and is supported by 14 professors of LMU and TUM.

An important node in Munich’s startup network

Over the last years, CDTM has developed into an important center for innovation and entrepreneurship in Munich. Around a quar-ter of all former CDTM students eventually found their own company in the field of digital technology. Examples of high-growth ventures include the fashion startup Stylight or the sensor specialist KONUX. CDTM startups continue to proof their success on an international level, for instance with the indoor mapping expert NavVis winning the “FOCUS Innovation of the Year Award” at DLD 2016 or the 200 Million US-$ exit of payment specialist Pay.On in 2015. Due to its expertise in entrepreneurship education, CDTM has taken an active role in the task force for the Zentrum Digitalisierung Bayern (Z.DB) that strives to foster digitization and entrepreneurship in Bavaria. Finally, events like the CDTM Inspire&Dine speaker series that attract over 1000 participants each semester play an increasingly important role in connecting Munich’s startup scene.

Research at the intersection of digital technology and entrepreneurship

The strong focus on interdisciplinary projects and collaboration at CDTM stipulates a multifaceted research agenda that can be exemplified by three research projects in 2015: First, CDTM and the chair for strategy and organization of CDTM board member Isabell M. Welpe received a “Best Empirical Paper” award at the Academy of Management Annual Meeting for their research on how to attract job seekers for startup jobs. Second, research on renewable energy technologies and environmental policy has become a core research topic. In 2015, a review on drivers, barriers, and opportunities of business models for renewable energies by two doctoral candidates from CDTM as well as board members Prof. Picot (LMU) and Prof. Welpe has been accepted for pu-blication by the international peer-reviewed Journal of Renewable and Sustainable Energy Reviews. Finally, CDTM published an interdisciplinary study on the future of 3D printing. The study was conducted for the German Commission of Experts for Research and Innovation as part of the Commission’s annual report that was handed over to Chancellor Angela Merkel.

Merging innovative teaching methods with applied research

CDTM strives to combine its research with innovative teaching approaches to create mutual benefits for both students and re-searchers. In August 2015, CDTM hosted a course in the field of Human-Drone-Interaction to analyze the experienced interaction with autonomous systems. Within one week, students from various backgrounds learned basic concepts of computer vision and object recognition to develop four drone prototypes with varying levels of flight autonomy. The applicability of these prototypes have been analyzed in a competition and serve as a basis for a joint research project of two doctoral candidates at CDTM. In 2016, CDTM will strive to strengthen its role as an interdisciplinary research institution by taking an active role in the recently founded knowledge and innovation community “EIT Health”.

MIPLC – Munich Intellectual Property Law Center

TUM and TUM School of Management, the University of Augsburg and the Max Planck Institute for Intellectual Property, together with the George Washington University Law School (Washington D.C., USA) jointly founded the Munich Intellectual Property Law Center (MIPLC), a nexus for education and research in the field of intellectual property. In order to provide the urgently needed next generation of experts in this field with the necessary training, MIPLC offers an internationally-oriented, two semester, fee-paying Master’s program in Intellectual Property and the Law of Competition.

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MCTS – Munich Center for Technology in Society

The Munich Center for Technology in Society (MCTS) is one of three Integrative Research Centers at TU Munich and the latest institutional addition to the vibrant TUM community. Launched in June 2015, it is a central pillar of the university’s award-winning Future Concept that featured prominently in the Excellence Initiative of the German federal government.

MCTS’ mission is premised on the insight that today’s most pressing challenges and transformations – including climate change, energy transitions, personalized health, e-mobility, social robotics, or the digitalization of society and industry – are all thoroughly sociotechnical in nature, and that excellence in the natural sciences and engineering requires co-equal excellence in the social sciences to find adequate responses at the crucial intersection of science, technology and society.

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