Fraunhofer Society - The Fraunhofer Model

The Fraunhofer Model

The so-called "Fraunhofer Model" has been in existence since 1973 and has led to the Society's continuing growth. Under the model, the Fraunhofer Society earns ca. 70% of its income through contracts with industry or specific government projects. The other 30% of the budget is sourced in the proportion 9:1 from federal and state (Land) government grants and is used to support preparatory research.

Thus the size of the society's budget depends largely on its success in maximizing revenue from commissions. This funding model applies not just to the central society itself but also to the individual institutes. This serves both to drive the realisation of the Fraunhofer Society's strategic direction of becoming a leader in applied research as well as encouraging a flexible, autonomous and entrepreneurial approach to the society's research priorities.

Read more about this topic:  Fraunhofer Society

Famous quotes containing the word model:

    AIDS occupies such a large part in our awareness because of what it has been taken to represent. It seems the very model of all the catastrophes privileged populations feel await them.
    Susan Sontag (b. 1933)