Günter Faltin 101: Who is the Famous Entrepreneur and Economist? in our article of Zatrun.com, a result, we will cover in detail everything you need to know about Günter Faltin, who is known as a famous entrepreneur and economist that our readers are curious about.
Who is Günter Faltin?
Günter Faltin was born on November 25, 1944, in the city of Bamberg, Germany. He graduated from Konstanz University in 1972 with a Dr. rer.soc. degree. In 1977, he became a professor of economics at Berlin University and founded the entrepreneurship department there. Since 2013, he has been a guest professor at Chiang Mai University.
Academic Career and Accomplishments: He was appointed as a guest professor to Asia for several years by the German Academic Exchange Service, where he taught entrepreneurship courses and workshops in many countries, including the US, Canada, Mexico, Brazil, Russia, South Korea, and Japan. From 1984-1988, he served as the deputy chairman of the German Education, Discovery, and Innovation Association, Berlin Branch.
In 1999, he founded the Entrepreneurship Laboratory at Berlin University, which was adopted by the “Innovationscampus Wolfsburg” by Volkswagen in 2000. From 2000-2003, he worked as an expert on the “Entrepreneurship and Education in Russia and Ukraine” project and organized a series of workshops for the European Education Foundation of the European Union. In 2010, he accepted an invitation from the Bhutanese government to give a keynote speech on “High Technology and Entrepreneurship” at a conference.
Business Career and Lessons:
In 1985, Günter Faltin founded Projektwerkstatt GmbH based on “Teekampagne”. As noted by India’s Tea Board, “Teekampagne” is the largest exporter of Darjeeling leaf tea. In 1992, Faltin initiated and sponsored the “S.E.R.V.E. (Save the Environment & Regenerate Vital Employment)” forest regeneration project in Darjeeling, India, managed by WWF. Faltin serves as an angel investor and coach for start-up companies such as eBuero AG (2001), RatioDrink AG (2006), and Waschkampagne. In 2001, he founded the Stiftung Entrepreneurship, which aims to promote entrepreneurship and organize an annual “Entrepreneurship Summit.”
At the heart of Faltin’s teachings is the idea that entrepreneurship is accessible to everyone today, not just those with capital and patents, but those with ideas. He clearly distinguishes between entrepreneurship and business management. In a post-industrial society, thoughtful entrepreneurial design is more determinative of success for a start-up company than having a lot of capital.
