The Steinbeis Foundation is an institute headquartered in Stuttgart

Stuttgart

Stuttgart is the capital of the state of Baden-Württemberg in southern Germany. The sixth-largest city in Germany, Stuttgart has a population of 600,038 while the metropolitan area has a population of 5.3 million ....

, Germany

Germany

Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

 dedicated to the transfer of academic findings and knowledge into the field of business. Established in its current form in 1971, the foundation encompasses the Steinbeis-Hochschule Berlin

Steinbeis-Hochschule Berlin

Steinbeis-Hochschule Berlin is a private German university, which was founded in 1998. The university is based in Berlin, but also owns institutes in Baden-Württemberg....

, hundreds of Steinbeis Transfer Centres and Transfer Institutes which operate as stand-alone profit centres. Many are based at German universities of dual education and applied sciences under the directorship of professors who also use the Steinbeis network to attract funding from industry into academic research and study.

The Steinbeis Foundation was founded by the State of Baden-Württemberg

Baden-Württemberg

Baden-Württemberg is one of the 16 states of Germany. Baden-Württemberg is in the southwestern part of the country to the east of the Upper Rhine, and is the third largest in both area and population of Germany's sixteen states, with an area of and 10.7 million inhabitants...

 based on a concept first developed by its patron Ferdinand von Steinbeis (1807-1893). Von Steinbeis set up a variety of vocational colleges in Baden-Württemberg

Baden-Württemberg

Baden-Württemberg is one of the 16 states of Germany. Baden-Württemberg is in the southwestern part of the country to the east of the Upper Rhine, and is the third largest in both area and population of Germany's sixteen states, with an area of and 10.7 million inhabitants...

 aimed at fostering dual education

Dual education system

A dual education system combines apprenticeships in a company and vocational education at a vocational school in one course. This system is practiced in several countries, notably Germany, Austria, Bosnia and Herzegovina, Croatia, Serbia, Slovenia, Macedonia, Montenegro and Switzerland, but also...

.

Steinbeis turnover in 2008 totalled 124 million euro

Euro

The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

s generated by a network of 765 Transfer Centres or Research Centres, Advice Centres or Transfer Institutes.

See also: Baden-Württemberg Cooperative State University

Baden-Württemberg Cooperative State University

The Baden-Württemberg Cooperative State University is an undergraduate college with several campuses throughout the state of Baden-Württemberg, Germany. It offers dual education degree programs in cooperation with industry and non-profit institutions in the areas of engineering, business...