Awards and Distinctions

Nikolaus Franke honored with Schumpeter School Award


Award for WU Professor Nikolaus Franke.

The Schumpeter School of Business and Economics has honored Nikolaus Franke, head of the WU Institute for Entrepreneurship and Innovation, for his outstanding academic achievements.

The Schumpeter School Award recognizes Nikolaus Franke’s formative influence on international research in the fields of entrepreneurship and innovation management. His contributions to open and user innovation, in particular his work on lead user research, crowdsourcing, community-based innovation, toolkits for user innovation and entrepreneurship ecosystems, have significantly contributed to our present understanding of this megatrend. Nikolaus Franke’s research is also highly relevant to management practice.

The prize is awarded every two years to world-leading researchers and is endowed with €10,000.

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