Faculty & Research

Name: AI adoption and firm performance: Management versus IT
Start: 2020-10-21T17:00:00+02:00
End: 2020-10-21T18:30:00+02:00
Location: TUM School of Management

Academic Excellence

Research and teaching at the interface

of management and technology

Research and teaching at the interface of management and technology

At TUM School of Management, we conduct research and teaching with an interdisciplinary approach at the interface of management and technology. This unique combination attracts outstanding students and academics from all over the world who contribute to our international standing and guarantee our global perspective.

Our commitment to rigorous research as well as to practical relevance made us a center of excellence and one of the leading business schools in Germany. Our faculty is devoted to bridging the gap between management and engineering as well as the natural and life sciences, contributing to key international research activities and real-world solutions alike. In addition, TUM School of Management is home to research centers and institutes that pool knowledge of faculty from different disciplines, both within the school and in strong and rewarding collaboration with external partners.

honorary professors

professors

postdocs

~250

doctoral students

Since the founding of TUM School of Management, our efforts in research have been widely recognized in prestigious rankings, confirming our leading position:

In the 2014 Handelsblatt research ranking, TUM School of Management topped the list of all the German universities that were analyzed. Handelsblatt is Germany’s leading financial newspaper and regularly conducts studies into the quality of business administration research in higher education institutions in the German-speaking world, based on internationally established standards for the evaluation of economic research.

Additionally, in the same year, our Bachelor’s program in Management and Technology reached the top group in research in the CHE ranking. It is thereby positioned above all other universities, including those in Switzerland and Austria. The ranking is conducted by the German think tank Centre for Higher Education Development and includes over 300 universities offering Bachelor degrees in Business Administration.

Research Report (PDF)

Current Seminars

Oct
2020

Research Seminar

AI adoption and firm performance: Management versus IT

There are no upcoming events at this time.

Academic Departments

Innovation & Entrepreneurship

Marketing, Strategy & Leadership

Operations & Supply Chain Management

Finance & Accounting

Economics & Policy

Interdisciplinary Research Centers

Partner Research Centers

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).
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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).
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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.
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MEA - Munich Center for the Economics of Aging

The Munich Center for the Economics of Aging (MEA) is one department of the Max Planck Institute for Social Law and Social Policy. The mission of MEA is to evaluate, anticipate and accompany the micro- and macroeconomic aspects of demographic change.
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DFG Research Training Group “Advanced Optimization in a Networked Economy” (AdONE)

The research training group „Advanced Optimization in a Networked Economy“ is funded by the German Research Foundation (DFG) and has successfully started in September 2017, admitting the first Ph.D. student cohort to the program and shaping the research agenda in a 3-day workshop. The group is a joint initiative of researchers at TUM School of Management, TUM School of Informatics, TUM School of Mathematics, and, due to its interdisciplinary focus, part of the IGSSE (International Graduate School of Science and Engineering) within TUM Graduate School.

Joint supervision, mentoring and various formats of scientific training assist and encourage young researchers to scientific independence. Lectures given by guests and researchers of the group during the regular AdONE Seminar are open to the interested public.

For further information, please visit our homepage.

Coordinator of the research training group and contact:

Dr. Yoshimi von Felbert

Phone: 49-89-289-28383
Email: adone@tum.de

Adjunct Faculty

TUM Dinstinguished Affiliated Professors

Prof. Ph. D. Stefan J. Reichelstein

Prof. Ph.D. Elke Weber

TUM Emeritus of Excellence

Prof. Dr. Prof. h.c. Dr. h.c. Ralf Reichwald

Prof. Dr. Dr. h.c. mult. Horst Wildemann

TUM Honorary Professors

Prof. Dr. Florian Bauer
Geschäftsführer Vocatus Diagnostics GmbH

Prof. Dr. Florian Bieberbach
CEO Stadtwerke München GmbH

Prof. Dr. Andreas Biagosch
CEO IMPACTING I GmbH & Co. KG

Prof. Dr. Manfred Bruhn
Ordinarius for Business and Economics,in particular for Marketing and Corporate Management, at the University of Basel

Prof. Dr. Franz Doetsch
Presiding Judge at the Supreme Tax Court Munich

Prof. Dr. Christoph von Einem
Partner in the international Attorneys’ Society
White & Case LLP

Prof. Dr. h.c. Rudolf Faltermeier
Former Vice President, Sparkassenverband Bayern

Prof. Dr. Bernd Grottel
Mitglied des Vorstands der KPMG Bayerische Treuhandgesellschaft AG, München; Member of KPMG Europe LLP

Prof. Manfred Grundke
General Partner Knauf Group

Prof. Dr. Stefan Huckemann
Partner
Deloitte Consulting GmbH

Prof. Dr. jur. Ruediger Kessler
Former Chairman of Hydrotec Technologies AG

Prof. Dr. rer. nat. Edward G. Krubasik
Former Member of the Central Board of Directors Siemens AG

Prof. Dr. Ing. Uwe Loos
Former Chairman of the Board of Directors Dekra AG

Prof. Dr. Gerhard Plasonig
Founder and CEO of GP International S.A.
Member of the Supervisory Board of WoodWelding AG

Prof. Dr. Wolfgang Reitzle
former Chairman of the Board of Directors Linde AG and
Chairman of the Supervisory Board Continental AG

Prof. Randolf Rodenstock
President of the Bavarian business association vbw

Helmut Schönenberger
CEO UnternehmerTUM GmbH

Prof. Dr.-Ing. Axel Stepken
Chairman of the Board of Management of TÜV Süd AG

Prof. Dr. Michael Süß
Chief Chairman of the Board of Management of Georgsmarienhütte-Gruppe

Prof. e.h. Dr. h.c. Horst Teltschik
Former Board Member BMW AG

Prof. Dr. Dieter H. Vogel
CEO Lindsay Goldberg Vogel GmbH
Former Chairman of the Thyssen Group in Duesseldorf

Prof. Dr. Konrad Weckerle
Former Chairman of the Board of Directors Rhein-Main-Donau AG, Munich
and E.ON Wasserkraft AG in Landshut

Prof. Dr. Mark Woessner
Chairman of the Citigroup Germany and Member of the Supervisory Board of diverse companies
Former Chairman of the Board Bertelsmann AG

TUM Honorary Doctorates

Prof. Dr. h.c. Carliss Y. Baldwin, Ph.D.
William L. White Professor of Business Administration Harvard Business School

Prof. Dr. Jonathan F. Bard
Graduate Program in Operations Research & Industrial Engineering The University of Texas at Austin

Prof. Dr. h.c. Roland Berger
Founder and Chairman of the Supervisory Board
Roland Berger Strategy Consultants

Prof. Dr. Dres. h.c. Adolf G. Coenenberg
Em. Ordinarius of the Chair of Business Management – Auditing and Controlling
University of Augsburg2000 – 2002 Founding Dean of the TUM School of Management

Dr. h.c. Thomas Ganswindt
Former member of the Central Board of Directors Siemens AG

Prof. em. Dr. rer. nat. Dr. h.c. mult. Hermann Haken
Emeritus Professor of the Chair of Theoretical Physics at the University of Stuttgart and Founder of Synergetics

Prof. Dr. Dr. h.c. Hans-Ulrich Kuepper
Emeritus Professor and Chairman of the Institute for Production Management and Controlling Ludwig-Maximilians-Universitaet Muenchen

Prof. Dr. h.c. Josh Lerner, Ph.D.
Jacob H. Schiff Professor of Investment Banking at the Harvard Business School

Prof. Dr. h.c. Tian Lipu
President of the Public Office of Intellectual Property of the People’s Republic of China

Prof. Dr. h.c. Dean A. Shepherd, Ph.D.
Randall L. Tobias Chair in Entrepreneurial Leadership
Professor of Management and EntrepreneurshipKelley School of Business Indiana University

Prof. Dr. Dr. h.c. mult. Martin Winterkorn
Vorsitzender des Vorstands der Volkswagen AG

Prof. Dr. Dr. h.c. mult. Eberhard Witte (1928 – 2016)
Em. Ordinarius of the Chair of Business Management Seminar
for Empiric Microeconomic Research, Ludwig-Maximilians-Universitaet Muenchen

Prof. Dr. Stefan Minner,
has been Professor of Logistics and Supply Chain Management since 2012

I took up an appointment as Professor at TUM School of Management. A major factor in accepting the position was the excellent reputation of the school in the German speaking world, despite its being a relative newcomer among business schools.

Prof. Dr. Stefan Minner,
has been Professor of Logistics and Supply Chain Management since 2012

Prof. Dr. Dr. Ann-Kristin Achleitner,
has been Professor of Entrepreneurial Finance since 2001

I have been a professor at TUM School of Management since its foundation, and was thus able to observe how the school has developed within the shortest possible time in research and teaching to become one of the leading scientific institutions in this field in Germany.

Prof. Dr. Dr. Ann-Kristin Achleitner,
has been Professor of Entrepreneurial Finance since 2001

Prof. Hana Milanov,
Ph.D. has been Professor of International Entrepreneurship since 2012 and Senior Vice President “International Alliances and Alumni” since 2014.

After researching and teaching entrepreneurship at top institutions in the USA and Spain, I am delighted to be a part of the TUM community. With five chairs dedicated to studying entrepreneurship and an impressive technological eco-system, this is a world-class environment to spearhead the creation and dissemination of knowledge in entrepreneurship.

Prof. Hana Milanov,
Ph.D. has been Professor of International Entrepreneurship since 2012 and Senior Vice President “International Alliances and Alumni” since 2014.

Prof. Dr. h.c. Elke Weber,
Ph.D., Princeton University, New Jersey, has been a TUM Distinguished Affiliated Professor since 2012.

TUM School of Management is becoming a recognized brand worldwide. It is a privilege to be a part of this academic community. State-of-the-art facilities and equipment, a cutting-edge approach to teaching and learning, and a spirit of true entrepreneurship all combine to make TUM School of Management one of the most attractive and exciting business schools in Europe. I look forward to working closely with colleagues and students at TUM in the future.

Prof. Dr. h.c. Elke Weber,
Ph.D., Princeton University, New Jersey, has been a TUM Distinguished Affiliated Professor since 2012.

Prof. Dr. Stefan Minner,
has been Professor of Logistics and Supply Chain Management since 2012

Prof. Dr. Dr. Ann-Kristin Achleitner,
has been Professor of Entrepreneurial Finance since 2001

Prof. Hana Milanov,
Ph.D. has been Professor of International Entrepreneurship since 2012 and Senior Vice President “International Alliances and Alumni” since 2014.

Prof. Dr. h.c. Elke Weber,
Ph.D., Princeton University, New Jersey, has been a TUM Distinguished Affiliated Professor since 2012.

Featured Insights

Dividing the pie – Equity distribution in entrepreneurial teams

Like the founders of Facebook who took each other to court over equity issues (and later settled this lawsuit for an unknown sum to one of the initial founders), many entrepreneurial teams struggle with the equity distribution in their start-up. The decision on how to divide the pie has to be made very early in the entrepreneurial process, but the consequences are far-reaching and completely unpredictable. In an article published in the Journal of Business Venturing, Professor Breugst, Professor Patzelt, and Dr. Rathgeber of the TUM School of Management address this problem and focus on the long-term consequences of the equity split for entrepreneurial teams and ventures. The study shows that the essential factor in equity distribution is the perception Read More here

Embedded Lead Users – The benefits of employing users for corporate innovation

It is crucial for every company to learn from the users of its products. Interestingly, and overlooked by many, some of the most insightful users may be nearby – the company’s own employees. This study by Dr. Tim Schweisfurth and Prof. Dr. Christina Raasch (TUM) introduces the concept of “embedded lead users” – employees who are lead users of their employer’s products or services. Lead users are users who perceive new product-related needs ahead of others and would particularly benefit from a solution. Embedded lead users are ubiquitous in many consumer goods industries, e.g., in food and beverages, automotive, consumer electronics, software, and leisure products. Unlike external lead users, these are regular employees with employment contracts and secrecy clauses that Read More here

The user innovation paradigm: impacts on markets and welfare

Innovation has traditionally been seen as the province of producers. However, theoretical and empirical research now shows that individual users – consumers – are also a major and increasingly important source of new product and service designs. In this paper, we build a microeconomic model of a market that incorporates demand-side innovation and competition. We explain the conditions under which firms find it beneficial to invest in supporting and harvesting users’ innovations, and show that social welfare rises when firms utilize this source of innovation. Our modeling also indicates reasons for policy interventions with respect to a mixed user and producer innovation economy. From the social welfare perspective, as the share of innovating users in a market increases, profit-maximizing firms Read More here

Research Report (PDF)

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TUM School of Management
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