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This paper considers the scientific development of business education on the basis of five criteria: if‐then statements, freedom from values, spatial and temporal validity, objectivity, and falsifiability. Methodologically, the emphasis is placed on emerging scientific and societal trends which influence scientific research and the paper is aimed primarily at academics. The paper also has an implicit politico‐scientific theme. Considering the multiplicity of approaches in management education, any attempt to take an overall perspective is likely to be controversial. Specific themes include the interdependence problem, uncertainty, dynamics, the development of various theoretical paradigms and trends such as globalisation and ecological consciousness. The context of analysis and discussion is predominantly that of German management theory and, in this sense, the paper provides a different perspective from that of other English‐language contributions in the area.

Within the last two decades, entrepreneurship education has become institutionalized in Germany. It is offered as a stand-alone program or as part of a business degree, combining academic knowledge, practical skills, and personal development to enhance the entrepreneurial success of university graduates. While entrepreneurship education has experienced similar growth worldwide, its emergence in Germany is closely tied to the country’s political and economic developments. The significance of entrepreneurship education for a thriving entrepreneurial ecosystem and contemporary economic policy has been instrumental in advancing its academic recognition. This chapter provides a historical analysis of the academization of entrepreneurship in Germany. It explores the recursive and often idiosyncratic processes involving state and financial institutions, companies, and universities that have created, respecified, and mutually reinforced a subdiscipline and field of study. Academic entrepreneurship knowledge successively not only became relevant for starting a business but also for employment within the entrepreneurial infrastructure and beyond. This chapter follows a chronological order, highlighting three key stages in the academization of entrepreneurship education. First, the academic, financial, and political roots (I) of entrepreneurship up until the 1970s. Second, it explores the transformation (II) of entrepreneurship into a viable policy alternative and the challenges faced in establishing complementary research and education in higher education institutions during the 1980s. Finally, it sketches the institutionalization (III) of entrepreneurship as a central driver of government economic policy, allowing for the late bloom of entrepreneurship education and research at universities around the turn of the millennium.

lm allgemeinen wirtschaftlichen Sprachgebrauch versteht man unter Innovation die Markteinführung von neuen Produktionsprozessen und/oderProdukten bzw. Dienst ‐leistungen. Wrde man sich diesem Sprachgebrauch anschliessen, so würden alle institutionell‐organisatorischen, rechtlichen oder sozialen Neuerungen aus dieser Betrachtung herausfallen, obwohl feststeht, dass auch von diesen Neuerungen bedeutende Einflsse auf die Wettbewerbsfähigkeit von Betrieben, Sektoren, bzw. ganzen Volkswirtschaften ausgehen können, sei es durch die Neuerung selbst oder dadurch, dass sie die Voraussetzung fr die Nutzung von Produkt‐, Dienst‐leistungs‐ und Prozessinnovationen schaffen können. Ein Beispiel im Tourismusbereich wäre der verstärkte Einsatz von EDV und der dadurch bedingte Durchbruch des globalen Verteilungs‐ /Verbuchungs‐/Reservie‐rungssystemes. Sicherlich sind daher auch sozialrechtliche bzw. institutionell organisatorische Neuerungen als Innovation aufzufassen. Gerade auf diesem Gebiet scheint es in der österreichischen Landschaft der erstarrten, z.T. oft noch mittelalterlich anmutenden Normen, Institutionen und Gesetze einigen Aufholbedarf gegenüber dem Ausland zu geben.

Corruptive behaviour penetrates the business process itself and permeates the mental attitude of decision makers on all hierarchy levels. This paper seeks to present the special legal situation in Germany as the regulatory environment for business transactions and to discuss the moral consequences of an “economy of greed”.

The moral aspects of corruption are treated from an institutional ethics viewpoint as well as an individual ethics perspective. Regarding the institutional aspects (compliance approach) reliance is placed on the empirical study of ethical conflicts of companies in Germany and the USA. The individual ethics perspective is derived from a Christian understanding of man's personal responsibility in society.

A compliance approach can only serve as a necessary first step to counteract fraud and corruption. To obtain a good corporate citizen status, a company should also develop an open dialogue with all stakeholders (integrity management approach).

The concept of quasi‐regulation, which combines governmental legal aspects with a company‐wide good corporate citizen approach, offers a viable concept and needs further empirical research.

This paper proposes to restore the concept of an honourable entrepreneur. Decision makers should pursue personal authenticity, fairness, and mutual trust in their relations with others.

Preventing corporate corruption requires a new way of thinking based on a loyal attitude and the personal commitment of leaders.

Mehr als andere Märkte ist der Markt des Tourismus von Emotionen abhängig. Dies zeigt sich nicht nur an der überproportionalen Konjunktur‐Reagibilität der Nachfrager; auch die Angehotsseite neigt offensichtlich zu einer gewissen Hektik. Zur Zeit ist in alten und neuen Zentren des europäischen Urlaubs‐ und Geschäftsreiseverkehrs ein Investitionsboom zu verzeichnen, der nur schwerlich mit technologischen Umwälzungen oder Gewinnaussichten allein erklärt werden kann.

In today’s business world, trust is an essential ingredient for business success, as it serves as a foundation for enhancing a network of positive relationships among businesses, clients, employees and stakeholders. This study aims to shed light on a deeper and more substantial understanding of trust by examining the casual association between national culture and trust.

The study empirically investigates the extent to which cultural factors promote and constrain the level of trust using a mixed sample of 46 developed and developing countries observed over the period of 1990-2014.

The study provides new empirical evidence that trusting behavior is explained systematically by national culture. Countries with high individualistic and high long-term oriented cultures are the most favorable environment that fosters trust among people in society. In contrast, individuals from countries with the expression of high power distance and high uncertainty avoidance cultures appear to exhibit less trust in others.

The study provides managerial implications, especially for managers and management consultants in a global context, regarding the cultural relevance of trust in the new and foreign environment, and the effective management of trust among culturally diverse workforces and business relationships. In addition, the study should serve as a supplemental learning material in the business and management disciplines to demonstrate the essential role of trust in the global business environment.

The study adds to the existing body of knowledge on trust by offering new empirical insights into how culture plays an influential role in the creation of trust. This serves as a good starting point for academic scholars and practicing professionals to further develop appropriate management strategies and execution plans for managing trust across different cultural settings.

The purpose of this paper is to provide insights into the expanding role of trust in the knowledge economy. Specifically it aims to focus on the unique nature of the knowledge economy and the importance of informal and social control provided by the development of trust.

The paper is conceptual and a literature review.

The intra‐ and inter‐organizational dynamics of the knowledge economy require a unique focus on the development and maintenance of trust. Marketing relationships within and across firms will change and require a renewed emphasis on trust to safeguard the key asset in the knowledge economy, knowledge.

This article adds new insights on organizational trust, specifically under the paradigm of knowledge‐based production systems that characterize a knowledge economy.

Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely, innovative thought structures and attitudes have almost always forced economic institutions and modes of behaviour to adjust. We learn from the history of economic doctrines how a particular theory emerged and whether, and in which environment, it could take root. We can see how a school evolves out of a common methodological perception and similar techniques of analysis, and how it has to establish itself. The interaction between unresolved problems on the one hand, and the search for better solutions or explanations on the other, leads to a change in paradigma and to the formation of new lines of reasoning. As long as the real world is subject to progress and change scientific search for explanation must out of necessity continue.