In the winter semester 2015/16, the Darmstadt Business School organized a lecture series on the topic: “Public Value – Vision, Konzepte und Praktische Umsetzung”. The term Public Value stands for the systematic question of society to organizations and their management, which values they create for society. Popular terms such as regional value creation, orientation towards the common good or even corporate social responsibility are an expression of the fact that companies and other organizations increasingly have to take into account very different expectations.
In the course of the event, it quickly became clear that discussions on these topics are only meaningful with a broader contextualization. The change of organizations must be analyzed against the background of the necessity of a fundamental social-ecological transformation and embedded in it. The central keyword is and remains that of sustainability. This does not only concern companies, but also public administrations and especially universities.
“…THE DARMSTADT BUSINESS SCHOOL MUST ALSO CREATE STRUCTURES THAT PROVIDE AN ANSWER TO NEW CHALLENGES AND SOCIAL DEMANDS.”
Against this background, perhaps the most important result of the lecture series was that the Darmstadt Business School must also create structures that provide an answer to new challenges and social demands. Following the lecture series, the decision was therefore made to found a research institute with the name Center for Sustainable Economic and Corporate Policy.
In 2017 the SECP was officially established as part of the Department of Economics and the h_da. Already in the first year of its existence, considerable third-party funds could be raised. On this basis, the newly founded institute was able to realize considerable growth in a short period of time. In the meantime, after only three years of existence, nine professors, five research assistants and several support staff members are working together to gain new insights to promote a sustainable transformation of economy and society.
Previous Speakers of the SECP
Prof. Dr. Ulrich Klüh