Meet TIME An update on the Research Area TIME Meet TIME An update on the Research Area TIME Dear readers, Editor: Research Area TIME A number of years have passed since the last edition of our But most importantly: Our team has grown again! Dr. David School of Business and Economics, RWTH Aachen University ‘TIME Book’. We are happy to look back on productive, challen- Antons, who has been with the Research Area TIME for a num- www.time.rwth-aachen.de ging, and exciting years and want to use this opportunity to bring ber of years, turned down offers for full professorships, instead our colleagues, our partners, and our students up-to-date on our choosing to remain with us on a long-term basis as co-director Editorial office: Prof. Dr. Daniel Wentzel (overall management) activities. After a short overview of the Research Area, we show- of the Innovation, Strategy, and Organization (ISO) Group and the Svenja Hünies, M.A. (concept) case some of the highlights in the fields of research and teaching. Research Area TIME. Graphic design: Dipl.-Des. (FH) Rebecca Vagt | Gestaltung, Kommunikation, Raum We have published a number of articles in prestigious scientific We will present these and further activities on the following pages [email protected] journals and launched new research projects, which are located in detail. We hope to have aroused your interest and hope to hear www.rebeccavagt.com at the interface between economics, engineering and natural from you. sciences. In the area of teaching, we were excited to launch our Photography: Malte Salge (cover, p. 14, 30, 42) very own Master program – the MME-TIME – that is aimed at David Antons, Malte Brettel, Christian Hopp, Stefanie Dr. Marcus Gerards (p. 3, 10–12, 13 top, 19 left, 21, 23 left) allowing students to become true technology leaders. Paluch, Frank Piller, Torsten-Oliver Salge, Daniel Wentzel Kurt Beyer (p. 26 top) (from left to right) Maren Richter (p. 32–33) Private (p. 13 bottom, 19 right, 23 right, 26 bottom, 27, 29, 34–36, 38–39) Aachen, August 2018 2 | Imprint Greeting | 3 Table of contents Meet TIME The Research Area TIME Teaching at the Research Area TIME page page The Research Area TIME .................................................................................................06 Our teaching philosophy .................................................................................................. 31 The School of Business and Economics ..........................................................................08 Launching the RWTH Aachen Business School ............................................................... 32 Meet the professors ......................................................................................................... 10 Launching the MME-TIME ................................................................................................34 Appointment .................................................................................................................... 13 Introducing Germany’s first MicroMaster degree ..............................................................35 Courses of the Research Area TIME ................................................................................36 Excursion to the SmartFactory OWL ................................................................................38 Executive Education ......................................................................................................... 39 Research at the Research Area TIME Outstanding theses ..........................................................................................................40 Our research philosophy .................................................................................................. 15 Our publications ............................................................................................................... 17 Our research activities ...................................................................................................... 18 Life at the Research Area TIME Interdisciplinary research projects .................................................................................... 24 Introducing ‘Innovative Tuesdays’ ..................................................................................... 26 It’s TIME to party ..............................................................................................................43 Start-ups and business models in practice ...................................................................... 27 Contact ............................................................................................................................44 Completed dissertations .................................................................................................. 28 4 | Table of contents Table of contents | 5 The Research Area TIME The Research Area TIME Facts & Figures 2017 In a few words Professors 7 he Research Area ‘Technology, ching program with a clear focus on the Innovation, Marketing & Entrepre- conception, development and commercia- Associated professors 8 T neurship’, briefly TIME, was foun- lization of technological innovations. ded in 2012. The initiative arose from Post-Docs 9 the Excellence Initiative at the RWTH The aim is to provide students, scientists Aachen University, which has also led to and practitioners with valuable evidence- a reorientation of the School of Business based insights into the conception, devel- Student assistants 24 112 Scientific staff members and Economics. The Research Area con- opment, design, commercialization and sists of the chairs and professorships of continuous improvement of new products, Dr. Antons, Professor Brettel, Professor services and business models within esta- Team assistants 5 Hopp, Professor Paluch, Professor Piller, blished organizations and new ventures. External PhD students 8 Professor Salge and Professor Wentzel. Thanks to an inspiring work and learning The Research Area TIME is at the center environment, new answers and solutions to of the vision of an integrated, technological the most important challenges in research Number of theses External funds university and offers many opportunities and society as a whole can be found. The for interdisciplinary cooperation. Together, Research Area TIME maintains close links the members of the Research Area are with leading research institutes and compa- (38%) pursuing an ambitious research and tea- nies and conducts joint research projects. 191 505 4.02 Million € TIME School in total Distinct courses FT-50-publications Accumulated citations* 48 35 20,408 * in Google Scholar 6 | The Research Area TIME The Research Area TIME | 7 The School of Business and Economics The School of Business and Economics Facts & Figures 2017 In a few words he Research Area TIME is part of As part of this effort, four Research Areas the School of Business and Econo- have been established, which reflect the T mics at RWTH Aachen University. strong internal centers of excellence deeply 63 partner universities in 25 countries Since its inception, business and eco- integrated into the wider university. nomics have played an important role at Research areas and the embedded inter- RWTH Aachen University. In the year of disciplinary networks enable students to its foundation in 1870, the university esta- approach problems from different per- blished an extraordinary chair for national spectives at an early stage. As a result, economics and business management. the School has built an international Students WS 2016/2017 External funds The independent School of Business and reputation for excellence in research and Economics was founded in 1986 and has teaching at the intersection of manage- 44,517 8.69 Million € been growing ever since. ment and technology. 6,102 1,694 4,408 Research questions of global relevance In April 2011, the School received the ac- can only be solved through interdiscipli- creditation of the Association to Advance nary cooperation. Therefore, the School Collegiate Schools of Business (AACSB). School RWTH thereof BA thereof Industrial Engineering of Business and Economics focuses on In Germany, only eight business schools interdisciplinary topics which are positi- or schools of economics carry the accred- oned at the interface between manage- itation of AACSB. Rankings ment, engineering and natural sciences. TOP position 1st place 3rd place 2017/18 – Ranking Centre for 2016 – University-Ranking 2016 – QS University Ranking Higher Education (CHE) Wirtschaftswoche RWTH Aachen University was ranked third The Bachelor BA program was ranked as RWTH Aachen University was ranked first in in Germany in the category “Business and “excellent” with regards to support in studies, the category “Business Administration and Management Studies” in 2016. study organization, graduations in appropriate Engineering” in 2016. time, international orientation, and external research funds. In these categories, it is part of the “top” group. 8 | The Research Area TIME The Research Area TIME | 9 Meet the professors David Antons Christian Hopp Innovation, Strategy and Organization (ISO) Technology Entrepreneurship (TEN) David Antons, born in 1983, has management responsibility (Associate Professor, equiv.) Christian Hopp studied business administration at universities in Germany, the Nether- for the Chair of Innovation, Strategy and Organization since September 2017, after having lands, and the United States. He holds a doctoral degree (Dr. rer. pol.) in quantitative