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Our professorship

Welcome to the homepage of the Chair of Business Administration, in particular Management of Small and Medium-Sized Enterprises and Entrepreneurship. We have set ourselves the task of combining teaching and research in our subject areas with a view to both practice and theory. For example, we are currently researching and teaching entrepreneurial behavior in new and young companies, the influence of contextual factors on entrepreneurship and company development. We are also looking at the question of how entrepreneurs themselves can influence contextual conditions. We cooperate closely with the Institute for SME Research in Bonn (IfM), whose president is also the holder of the professorship.

Are you curious? Then take a look at our website or contact us directly. We look forward to hearing from you!


Emmy-Noether-Campus im Abendrot
Copenhagen

Professor Welter gave the Schumpeter Lecture at the SME Assembly 2025

At the SME Assembly 2025 in Copenhagen, Prof. Dr. Dr. h.c. Friederike Welter gave the renowned Schumpeter Lecture and argued for a broader view of entrepreneurship. She emphasized the importance of "Everyday Entrepreneurship" and showed in the SME Competitiveness Panel how Europe's companies can be strengthened by less bureaucracy despite current challenges.

Enschede

Successful RENT 2025

Researchers from the University of Siegen presented current research findings on entrepreneurship and small businesses at the international RENT conference in Enschede. The focus was on digital technologies, the political influence of SMEs and female entrepreneurship in China, and a Best Paper Award went to a joint project involving researchers from Siegen.

Campus AR

Learning from the past for the future of entrepreneurship research

How does entrepreneurship research need to evolve in order to better understand social change? In a recent article in Academy of Management Perspectives, David A. Kirsch, Daniel Wadhwani and Friederike Welter argue for more creativity, multidisciplinary perspectives and the breaking up of outdated research structures.

NRW Flag

The SME sector in North Rhine-Westphalia

At the SME Advisory Board NRW, Friederike Welter emphasized the central role of small and medium-sized enterprises for the state's economy. In her keynote speech, she presented current research findings on the challenges facing SMEs, the use of artificial intelligence to combat the shortage of skilled workers and the impact of US tariffs.

Bundestag

Professor Welter reappointed as a member of the Advisory Board

Federal Minister for Economic Affairs Katherina Reiche has reappointed Friederike Welter to the SME Advisory Board. The panel of experts advises the federal government on current challenges and future issues facing SMEs, from innovative strength to competitiveness.

Campus AR

Popular myth "Silicon Valley"?!

How much reality is behind the Silicon Valley myth? Prof. Dr. Ted Baker and Prof. Dr. Dr. h.c. Friederike Welter shed light on why the supposed success model is not easily transferable - and which myths play a role in this.

Campus AR

Even slow-growing companies can be very successful

Does Europe really only need more "growth champions"? Prof. Dr. Dr. h.c. Friederike Welter calls for a stronger focus on innovative SMEs and less bureaucracy to make the European single market more attractive.

More appreciation for the everyday nature of entrepreneurship

Rethinking entrepreneurship: In her keynote speech at Aalto University, Prof. Dr. Dr. h.c. Friederike Welter emphasizes why entrepreneurship research should look beyond conventional models - for a more realistic and diverse understanding of entrepreneurship.

High honor for Professor Friederike Welter

Our research profile

Our research focuses

Our current research focuses on the entrepreneurial and strategic behavior of new, young and small firms, the development of SMEs (small and medium-sized enterprises) in different contexts, and policy measures to promote new and small firms. In particular, we are interested in the nature of entrepreneurial behavior (i.e. the "strategies" entrepreneurs use to start and grow a business) and its determinants in different contexts (e.g. communities and regions, industries or policy frameworks). Our research also highlights the importance of context for the nature of small and new businesses, their development opportunities (e.g. as the business grows) and the implications for policy.

For current topics and ongoing research projects, please take a look at the Newssection.
There you will also find current research projects, results and press releases. In addition, information and news can be found on the homepage of the Institut für Mittelstandsforschung (IfM) Bonn
can be accessed.

If you are interested in writing your thesis (Bachelor's or Master's thesis) at our professorship, please contact us directly or send an e-mail to Dr. Meike Stephan
or Felix Becker. We are generally open when it comes to choosing a topic as long as it is related to entrepreneurship or SMEs. You can find a list of potential thesis topics in the Downloads section.

Main research areas

  • Entrepreneurial Context
  • Management of small and medium-sized enterprises (SMEs)
  • New and young companies
  • Start-Ups
  • Entrepreneurial Wellbeing
  • Digital Technologies and Entrepreneurship
  • Policy advice
Foto_Friederike_Welter

Univ.-Prof. Dr. Friederike Welter

Professorin
Profil Meike

Dr. rer. pol. Meike Stephan

Wissenschaftliche*r Mitarbeiter*in
Foto_Felix_Becker

Felix Becker M.Sc.

Wissenschaftliche*r Mitarbeiter*in

Contact the professorship

Postal address

University of Siegen
Professorship of Small and Medium-Sized Enterprise Management and Entrepreneurship
Unteres Schloss 3
57072 Siegen

Visitor address

University of Siegen
Professorship of Small and Medium-Sized Enterprise Management and Entrepreneurship
US-A 130
Unteres Schloss 3
57072 Siegen

Secretariat

Please contact Ms. Jutta Leonhardt for further information or inquiries.