Leipzig Graduate School of Management (HHL) enters into cooperation with innovation ecosystem Maschinenraum
Students and alumni meet Mittelstand
press release | 29.06.2021
Leipzig / Berlin
Leipzig Graduate School of Management (HHL), one of the most renowned private business universities worldwide, becomes a cooperation partner of the shared innovation ecosystem Maschinenraum. The focus of the cooperation is the exchange between scientific theory and entrepreneurial practice as well as the identification of career paths in Mittelstand for HHL students and alumni. This is intended to increase the future viability of Mittelstand as the backbone of the German economy.
In Maschinenraum, medium-sized and family-run companies meet to work together on the challenges of digitalization. Important here is not only the contact between companies but also with innovators such as start-ups or scientific institutions. Thus, the cooperation between HHL and Maschinenraum is also guided by the motto of supporting Mittelstand in the areas of innovation and digital transformation through scientific input. At the same time, Mittelstand and family businesses are to become more visible and attractive to young talent. While for students it is concretely about projects with member companies for an education that is as practical and relevant as possible, alumni are to expand their network and sometimes even bring their "entrepreneurial spirit" to the companies. HHL academics can also provide information from current studies to underpin the thematic exchange in Maschinenraum. A first joint project is already taking place at the beginning of July: At the virtual event "Digitalisation in Practice – Impulse für den Mittelstand", the Maschinenraum member company Basalt-Actien-Gesellschaft will give an audience of alumni, entrepreneurs and students an insight into its own experiences of the digitization process.
Cooperation as an opportunity for Mittelstand
"The digital transformation of the economy is one of the biggest tasks of the next decade and a research focus at the Leipzig Graduate School of Management (HHL). Mittelstand, as the backbone of the German economy, must rise to this challenge and the cooperation with Maschinenraum is a sensible building block for making the latest academic findings usable for companies," says Prof. Dr. Stephan Stubner, Leipzig Graduate School of Management (HHL).
Tobias Rappers, Managing Director of Maschinenraum and himself an HHL alumni, also believes that the cooperation offers an opportunity for Mittelstand: "With HHL as a flagship of the German start-up and management scene, the members of Maschinenraum gain a valuable partner. Because only when research and application go hand in hand can the greatest possible impact be achieved to secure the future of Mittelstand"
Maschinenraum, a shared innovation ecosystem from Mittelstand for Mittelstand, unites German Mittelstand and family businesses to boldly shape the future. Already around 30 family businesses – including Viessmann, Fiege Logistik, Dussmann Service and Paracelsus Kliniken – have joined Maschinenraum to jointly drive the digital transformation of German Mittelstand.
About Leipzig Graduate School of Management (HHL):
HHL is distinguished by excellent teaching and a clear research orientation and practice-oriented transfer, as well as by outstanding service for its students. The renowned Global Masters in Management Ranking 2020 of the Financial Times gives the education at the Leipzig Graduate School of Management (HHL) top rankings in Europe and the world (2nd place in Germany, 23rd place worldwide). The Stifterverband für die Deutsche Wissenschaft (Donors' Association for the Promotion of Sciences and Humanities in Germany) has named HHL the leading university for start-ups in Germany for the fifth time in a row in 2021. Over the past decades, HHL has given rise to around 300 start-ups with more than 40,000 employees. In 2004, HHL became the first German private business school to be accredited by the AACSB (Association to Advance Collegiate Schools of Business) and has since achieved this quality status for the fourth time. The study programmes offered include full- and part-time university masters in management as M.Sc. or MBA, a doctoral programme as well as advanced management training.