Webster University in Vienna has been accepted in the “Microeconomics of Competitiveness” network led by Harvard professor Michael E. Porter at the Institute for Strategy and Competitiveness at Harvard Business School.
Members of this network are leading business schools that collaborate in research and the advising of governments and companies to increase their competitiveness. At its campus in Vienna, Austria, Webster University offers a a master’s level course that explores the determinants of competitiveness and successful economic development. Course content and materials are aligned with and provided by Porter.
Increasing Competitiveness of Austrian Companies
Christopher Kummer, director of the Business master’s program at Webster Vienna, has become an Associated Faculty at the Institute for Strategy and Competitiveness and leads the initiative.
“This cooperation enables us to teach an important topic like competitiveness at the quality level of such a distinguished thought leader like Michael Porter,” Kummer said. “As part of the network, we strive to increase the competitiveness of Austria, Austrian companies and the region with our research and advice.“
“Bringing this opportunity to our Walker School of Business students in Vienna is another example of Webster University setting the standard for global education,” said Benjamin Ola. Akande, dean of Webster University’s George Herbert Walker School of Business. “It also allows our faculty to collaborate with their colleagues at Harvard.”
About the Institute for Strategy and Competitiveness
The Institute for Strategy and Competitiveness at Harvard Business School, founded and led by Michael E. Porter, Bishop William Lawrence University Professor, studies competition and its implications for company strategy; the competitiveness of nations, regions and cities; and solutions to social problems. The Institute is dedicated to extending the research pioneered by Professor Porter and disseminating it to scholars and practitioners on a global basis. Michael Porter received the first Lifetime Achievement Award in Economic Development from the U.S. Department of Commerce in 2008. The award will be presented only rarely, when a private citizen’s body of work and assistance to the federal government has significantly enhanced the nation’s approach to economic development.