The European Expectations Center examines how households, firms, and financial market participants form expectations about economic developments, influencing economic behavior. The center provides research resources and datasets to improve forecasts and economic policy decisions.
A new study found that negotiation is a routine part of daily life, with over 30% of social interactions involving some form of negotiation. The most common process was agreement-seeking and joint decision-making, not the zero-sum exchange typically associated with negotiation.
The BMW Group Change Maker Fellowship supports future leaders in shaping digital transformation, combining technology with leadership skills. Candidates from countries with BMW IT hubs are eligible, with a focus on quantitative or tech-focused backgrounds.
The Bureaucracy Index has reached a record high, showing a 62% increase in federal legislation since 2010. Commercial law has developed at an above-average rate, with the strongest growth since the beginning of systematic evaluation. To generate new growth momentum, deregulation must start here.
The institution will award full and partial scholarships for its Executive Education Programs to senior female leaders preparing for top executive positions. The program aims to strengthen women's representation in top leadership, offering essential skills and international connections.
The ESMT Berlin DEEP Institute and Creative Destruction Lab will be launched in Doha to support technology transfer and innovation. The initiative aims to connect the innovation ecosystems of Germany and Qatar, fostering entrepreneurial growth and driving economic growth.
A new study by ESMT Berlin shows that entrepreneurs can increase support from the silent majority by broadening their public replies to vocal commenters. By managing conversational pathways, founders can create multiple entry points without fragmenting the main story.
The ESMT Berlin study analyzed 90 studies with over 16,000 participants to conclude that those who make the first offer and come well-prepared tend to achieve better outcomes. Higher first offers often lead to better final outcomes, but there are limits to this approach, particularly when demands are very high or unrealistic.
A new study by ESMT Berlin finds that fractional-dose vaccines can significantly reduce infections during epidemics, especially in low-resource settings. The researchers identify vaccination policies that minimize infections while accounting for limited stockpiles and administration capacity.
The DEEP Institute at ESMT Berlin is expanding CDL with a new Defense Stream to address the gap between innovation and practical application in the defense sector. The program supports science-based startups developing dual-use technologies, providing access to an international network of experts.
Research by Gianluca Carnabuci and Balázs Kovács identifies low-contrast patent categories as catalysts for innovation, exposing inventors to diverse domains and driving radical advances. Patents in fuzzy categories generate more economic value, worth almost $3 million more than comparable patents.
Leading German business schools ESMT Berlin, Mannheim Business School, and WHU – Otto Beisheim School of Management have launched a joint initiative to bring greater international attention to Germany's advantages in science and education. The initiative aims to emphasize the country's affordable study programs, reliable structures for...
A new study by ESMT Berlin researchers finds that high ESG ratings in the Gulf region do not necessarily lead to superior financial performance. Instead, financially strong companies drive ESG improvements. The analysis also shows that ESG scores are shaped more by state-led policy and institutional commitments than market forces.
A recent study by ESMT Berlin researchers found that radical leadership styles rarely deliver as planned. The 'annealing' mechanism, which involves deliberately disrupting organizational routines, can be effective but only works under specific circumstances.
ESMT Berlin has appointed Henry Sauermann as its new TEAM GLOBAL Chair for Disruptive Innovation, with support from technology holding TEAM GLOBAL. The chair will focus on translating fundamental research into teaching and practical support for innovators, aiming to elevate civilization to the next level.
A new study reveals that women excel at recognizing social ties, especially in cohesive networks. However, this advantage fades when professional networks are open and loosely connected, hindering their career progress.
Rebecca Schaumberg joins ESMT Berlin's faculty, bringing research on self-conscious emotions and their impact on decision-making and leadership processes. Her teaching expertise includes negotiation and will contribute to the school's master's programs.
Renowned economist Michael Weber is nominated to join ESMT Berlin with a €5 million Humboldt Professorship, establishing the first business school in Germany to receive this distinction. The appointment aims to strengthen research in economics and policy at ESMT, exploring how households' expectations shape real-world decisions.
New research by ESMT Berlin reveals that hospitals acquired by private equity firms significantly reduce costs and administrative staff without harming patient care. The study finds improved operational profitability while sustaining essential medical staff levels over the long term.
The BMW Group and ESMT Berlin are expanding their partnership to include full-time MBA and MSc programs, offering eight fellowships for the upcoming academic year. The fellowship program aims to support leaders with strong backgrounds in mathematics and technology to drive positive change in business and society.
ESMT Berlin collaborates with ECB to develop digital euro functionalities, focusing on programmed payments and smart contracts. The Digital Euro Hub platform will simulate programmed payments and test smart contracts.
The bureaucracy index reveals a significant rise in regulatory volume, driven mainly by financial regulation and business law growth
ESMT Berlin is providing full and partial scholarships for three premier programs, including Bringing Technology to Market, General Management Seminar, and Executive Transition Program. The initiative aims to strengthen diversity in business leadership by supporting professionals from various backgrounds.
The FOME alliance has developed a device-agnostic VR module that enables immersive learning experiences for students and executives worldwide. The module, built in partnership with Cornerstone, provides a 20-minute pilot scenario for crisis management exercises, honing soft skills through digital interactions.
Germany's leading biotech hubs, Berlin, Munich, and Heidelberg, excel in different areas, but struggle with transforming research into market-ready solutions. The country's innovation potential is largely untapped due to the fragmentation of its biotech landscape and inadequate knowledge transfer.
The book offers a strategic guide for integrating crowd participation into science, providing clear frameworks and tools to navigate complexities. It enables scientists to critically assess crowd participation's potential and implement it to achieve meaningful outcomes.
A recent study by ESMT Berlin scholars presents a comprehensive framework detailing the impact of AI on open innovation. The framework highlights three key ways in which AI is transforming open innovation practices: enhancing existing methods through efficiency and scalability, enabling new forms of collaboration and business models, a...
An analysis of 1.44 million ideas from over 100 organizations revealed that businesses tend to favor similar ideas, reducing diversity in proposals submitted. However, limiting interactions among external contributors and reducing the visibility of selected ideas can help managers tap into diverse perspectives.
ESMT Berlin researchers identified three key customer types: fans who demand immediate access, skeptics who require convincing, and middle-ground customers seeking information. The findings suggest firms should adapt their strategies based on market dynamics to achieve success.
Researchers explore how AI can perform managerial functions such as task division, direction, and motivation, enabling projects to operate at larger scale. The study reveals that AM-enabled projects are often larger and associated with platforms providing shared AI tools.
A new research study found that seconded employees select more novel and innovative ideas, influencing permanent staff to do the same. This suggests a simple intervention of leveraging seconded employees can significantly boost the acceptance of innovative ideas, empowering managers to foster a more innovative culture.
High-ability workers prefer startups over large firms due to career preferences and non-monetary benefits. They value autonomy and opportunities to work on cutting-edge technologies.
Researchers analyzed 26 million eBay negotiations to determine optimal low first offers. Lower first offers effectively bring down final sale prices, while a linear anchoring effect benefits buyers. The study identifies three zones: safety, acceleration, and saturation zones, where impasse risk decreases or increases.
This study shows that shared medical appointments significantly improved patient satisfaction, learning, and medication compliance for patients with primary glaucoma. The research demonstrated no compromise in follow-up rates or measured clinical outcomes.
Research by Francis de Véricourt and Huseyin Gurkan found that trust in machines' decision-making ability is key to effective learning. They discovered that biased learning occurs when humans override algorithmic decisions without observing the machine's correctness, leading to incorrect usage of machines in decision making.
New research from ESMT Berlin suggests that using machine-based predictions can improve overall accuracy of human decisions, but also increase the likelihood of certain errors and the human's cognitive effort. The study highlights the importance of collaboration between humans and machines to maximize complementary strengths.
A field experiment found no bias against women in idea evaluation, contradicting previous assumptions. Researchers suggest that blinding idea proposers may not be a silver bullet to address biases, and companies should carefully test alternative approaches.
Employees form relationships naturally aligned with their cognitive style, leading to subpar performance. However, top performers build networks that complement their style, enhancing creative output and execution skills.
Research by Gianluca Carnabuci and colleagues found that two pathways - geographic proximity and network proximity - help R&D scientists build ties with star colleagues. Women are more effective at building high-status connections through third-party ties, while men benefit from face-to-face interactions.
Research by ESMT Berlin and Copenhagen Business School found that citizen-generated research questions are often more interdisciplinary and practical, yet less novel, than those proposed by academics. However, the top 20% of crowdsourced questions outperformed professional ones in all dimensions.
Researchers found that teams with autonomy to choose ideas or team members perform better than those without autonomy. Choosing ideas leads to a stronger match of interests and prior network contacts, boosting confidence and motivation. However, overconfidence can lead to complacency when too much autonomy is given.
Researchers identified three types of impasses: wanted, forced, and unwanted, each requiring specific solutions. Wanted impasses can be resolved by negotiating on interest levels, accelerating processes, and offering symbolic concessions.
Researchers found that subjective decisions play a critical role in shaping empirical results, emphasizing the need for open data, systematic robustness checks, and transparency in academic research. This study highlights the benefits of diverse analytical approaches and the importance of humility when communicating findings.
A recent study by ESMT Berlin found that division of labor among team members increases with the size of the team. While specialist members make up a higher proportion in larger groups, generalist members still exist and contribute to multiple activities.
A new study found that academic scientists prioritize social impact and intellectual challenge over financial gain when engaging in commercial activities. In life sciences, a strong desire for social impact drives patent applications, while engineers are motivated by intellectual challenge and peer recognition.
A new framework devised by researchers at ESMT Berlin helps retailers position their products to consumers more effectively. The model shows that consumers often make poor choices when faced with too much product information, leading to superior products being overlooked.
A new study from ESMT Berlin reveals that women have higher success rates at crowdfunding scientific projects than men. The research analyzed data from over 700 campaigns on Experiment.com and found that students and juniors are more likely to succeed in crowdfunding, with women obtaining more funding than men.
A new ESMT Berlin study found that primary school children with up to five years of midday meals scored 18% higher in reading tests compared to those without. The research, the longest and largest of its kind, confirms the substantial value of free school meal programs worldwide.
Henry Sauermann's research on crowd science, a field that involves public participation in scientific projects, has been recognized with the 2018 Nelson Prize. The prizewinning paper introduced a conceptual framework to understand and classify such projects.