Engine for innovation processes
And on the other hand research at the faculty is also understood as an engine for the initiation of innovation processes in industry, trade and services while the usability of the results of basic research are significant indicators. The scientist of the faculty explicitly see themselves as conveyors and transformers of abstract research knowledge into practical application. It is in their interest to develop processes and procedures that enable companies to improve and optimize their mode of production, products and services based on current findings and knowledge and in order to remain competitive in their respective markets.