Quick and easy – please describe your DTE courses in three hashtags!
Prof. Weiden: #cross-disciplinary #with practical orientation #fun
Today you are offering knowledge and advice to students, but also you had to acquire your skills somewhere. Can you tell us a little about your life before Hochschule München?
Prof. Weiden: Colorful and enriching. I worked as a lawyer in a law firm, at a telecom provider and in a media company as well as a lobbyist. My intercultural competencies I acquired in the US, in Brazil and in Japan.
One of the greatest entrepreneurs in history, Henry Ford, once said ‘Failure is only the opportunity to begin again, only this time more wisely.’ Especially students of entrepreneurship need to incorporate this attitude. Would you make the first step by sharing with us a failure you experienced during your professional or academic career and your learnings from it?
Prof. Weiden: I strongly believe it is the little faults and failures that teach us our most important lessons. When we don’t meet our own expectations and yet never give up trying.
In which areas of studies do you consider yourself an expert?
Prof. Weiden: From my first job on, I had the chance to work in young legal fields yet to be given shape to: Public procurement law in the early noughties, data protection law when privacy experts were considered nerds, and now the law applicable to our globalized, digitized environment. So I assume I have specialized in adapting to the unknown, in applying what is available. If one considers this “expertise”, then I am more than happy to share it with my students.
If today you were given access to research funds for one specific subject area – which area would you allocate the funds to?
Prof. Weiden: Could I negotiate two budgets? One I would invest in research and development of improved living conditions in those parts of the world that are not as privileged as Europe is. Providing for a sustainable level playing field could contribute to solving a great number of contemporary problems. My first investment would certainly go to the education sector, followed by nutrition, health and safety.
My second budget would be used domestically and EU-wide: For in-depth research in the context of law and digitization. Sooner or later, all legal systems in the world will have to face up to what rules and regulations should apply in the context of digitization. Given the fast pace of technical innovations and the high speed adaptions in societies, we should spend the funds sooner rather than later – to actively design the regulatory framework before technology models the rules.
As a start, would this subject area be eligible for a Master thesis? What could be specific thesis topics?
Prof. Weiden: A master thesis on the law applicable to selected issues of digitization certainly augurs gain of valuable knowledge.
Why should Master students of DTE choose to write their Master thesis in your area of studies?
Prof. Weiden: Law in the digitized environment is a field yet to be tilled. One day, it might be regulated by the German or the European legislator or on some international level – what a challenge and what a perspective to add your own ideas to this development!
Furthermore, it is the interdisciplinary approach that you have to take in this field, which promises most interesting insights.
Our Master program has a focus on Digital Technologies. Which impacts of digitalization on business organizations do you observe regarding your fields of expertise?
Prof. Weiden: Being a lawyer, the observation most striking to me is the enhanced cooperation of different departments and disciplines. Digitization forces work forces to team up, taking into account all questions related to a smart product, a connected machine or a digitized workflow.
Bachelor graduates have the choice between more than 1200 Master programs in the field of economic sciences in Germany. In your eyes, what makes the Master program DTE stand out?
Prof. Weiden: Our passion.
You are not only an expert in your fields of studies, but you have also got to know Munich quite well. Why should students come to Munich for their Masters?
Prof. Weiden: I highly recommend to come and find out.
Can you share an insider’s tip for spending your leisure time in Munich?
Prof. Weiden: I never tire of watching the “Eisbach” river wave surfers (English Garden at the heart of the city). Right next to the perfect view bridge, there is the Haus der Kunst, which is not only historically worthwhile, but also for its changing exhibitions of contemporary art.
Thanks again Prof. Weiden for taking the time to share these valuable insights with the study-entrepreneurship readers.
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