German varsity launches Social Business Chair

The European Business School (EBS) University in Germany has launched a Social Business Chair to develop competences and skills for leadership of a new economic model.
This is the third Social Business Chair, named after Nobel laureate Muhammad Yunus, the champion of the new economic theory, after HEC Paris established a new Chair in April 2008 and Glasgow Caledonian University in Scotland in early 2010.
The goal of the unique Chair is to explore the potential of social business and develop it as a business model for Germany, said EBS University President Prof Christopher Jahns at the inaugural in Weisbaden on Monday.
As the first chair for social business in Germany, it aims to advance research to develop new business approaches for developed countries. The EBS is the leading German private business school with 180 partner universities worldwide.