Skip to main content
SpringerLink
Log in

The Chemical Industry Drives Innovation also in Times of Crisis: BASF as an Example

  • Chapter
  • First Online:
Innovation and International Corporate Growth

Abstract

Scientific, technological and institutional innovations drive organic growth and thus are core elements of the strategy pursued by most companies. The chemical industry, as a supplier of innovative materials, drives innovation for many sectors of industry. The goal of a research oriented chemical company is to generate product and process innovations, something which often takes several years. Key elements of innovative activity are therefore continuity and long-term commitment – especially in times of crisis.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    Rammer, Sofka, Legler, Gerke, and Krawczyk (2009).

  2. 2.

    Rammer et al. (2009), 31.

  3. 3.

    Rammer, Schmiele, Legler, Krawczyk, and Sofka (2007), 5.

  4. 4.

    Davis (2009).

  5. 5.

    Hüther (2009).

  6. 6.

    Bernstein (1989).

  7. 7.

    Field (2003).

  8. 8.

    Bruland and Mowery (2005).

  9. 9.

    ICIS (2008).

  10. 10.

    Abelshauser (2003), 254.

  11. 11.

    Abelshauser (2003), 255; Gallecker and Hesse (2009).

  12. 12.

    Malthus (1798).

  13. 13.

    Larsen (2006).

  14. 14.

    Taleb (2007).

  15. 15.

    Osterhammel and Petersson (2003), 22.

  16. 16.

    Rammer et al. (2007), 16. Every second innovative chemical company involves science as important partners in innovation projects (Rammer et al. 2009, 20).

  17. 17.

    Schneider and Wysocki (2009).

  18. 18.

    Rammer et al. (2009), 47.

  19. 19.

    Duerand (2009), 47.

  20. 20.

    Werner, Grabbe, and Oden (2009).

  21. 21.

    Ibid.

  22. 22.

    Metzger et al. (2009).

References

  • Abelshauser, W. (Eds.). (2003). Die BASF. Eine Unternehmensgeschichte. München: C.H. Beck.

    Google Scholar 

  • BASF (2009). BASF presents sustainable construction concepts at the World Future Energy Summit in Abu Dhabi.

    Google Scholar 

  • Bernstein, M. A., & Bernstein, M. A. (Eds.). (1989). The great depression: Delayed recovery and economic change in America, 1929–1939, Studies in economic history and policy. Cambridge, UK: Cambridge University Press.

    Google Scholar 

  • Bruland, K., & Mowery, D. (2005). Innovation through time, The Oxford Handbook of Innovation. Oxford: Oxford University Press.

    Google Scholar 

  • Davis, N. (2009). INSIGHT: R&D will suffer despite stimulus packages. ICIS Chemical Business, 10.06.2009.

    Google Scholar 

  • Duerand, D. (2009). Bilanz mit Makel. Wirtschaftswoche, 34, 19.08.09.

    Google Scholar 

  • Field, A. (2003). The most technologically progressive decade of the century. American Economic Review, 4, 1399–1413.

    Article  Google Scholar 

  • Gallecker, G., & Hesse, K. (2009). Crisis management at BASF. Interview with Dr. Hans-Ulrich Engel. BASF-Online Reporter, 15, June 2009.

    Google Scholar 

  • Hüther, M. (2009). Gute Diagnose, schlechte Therapie. Steinmeiers “Deutschlandplan” bleibt trotz einzelner guter Ansätze insgesamt enttäuschend. Handelsblatt, 14.08.2009.

    Google Scholar 

  • ICIS (2008). History recommends innovating toward recovery. ICIS Chemical Business, 29.12.2008.

    Google Scholar 

  • Larsen, G. (2006). Why megatrends matter. Futureorientation, 5, 8–13.

    Google Scholar 

  • Malthus, T. R. (1798). Essay on the principle of population. London: J. Johnson.

    Google Scholar 

  • Metzger, G., Heger, D., Höwer, D., Licht, G., & Sofka, W. (2009). High-Tech-Gründungen in Deutschland – Optimismus trotz Krise. Mannheim: Zentrum für Europäische Wirtschaftsforschung (ZEW).

    Google Scholar 

  • Osterhammel, J., & Petersson, N. P. (2003). Geschichte der Globalisierung: Dimensionen, Prozesse, Epochen. München: C.H. Beck.

    Google Scholar 

  • Rammer, C., Schmiele, A., Legler, H., Krawczyk, O., & Sofka, W. (2007). Innovationsmotor Chemie 2007: Die deutsche Chemieindustrie im globalen Wettbewerb. Studie im Auftrag des Verbands der Chemischen Industrie e. V., Technical Report. Mannheim: Zentrum für Europäische Wirtschaftsforschung (ZEW).

    Google Scholar 

  • Rammer, C., Sofka, W., Legler, H., Gerke, B., & Krawczyk, O. (2009). Innovationsmotor Chemie 2009: FuE-Potenziale und Standortwettbewerb, Verband der Chemischen Industrie e.V. Mannheim: Zentrum für Europäische Wirtschaftsforschung (ZEW).

    Google Scholar 

  • Schneider, K., & Wysocki, M. V. (2009). Unternehmen und Unis Hand in Hand. Handelsblatt, 19, 20.04.2009.

    Google Scholar 

  • Taleb, N. N. (2007). The black Swan: The impact of the highly improbable. New York: Random House.

    Google Scholar 

  • Werner, K., Grabbe, H., & Oden, M. (2009). Kleine Zukunft für kleine Teilchen. Financial Times Deutschland (FTD), 26.08.09.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. BASF S.E., D-67056, Ludwigshafen, Germany

    Andreas Kreimeyer

Authors
  1. Andreas Kreimeyer
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Editors and Affiliations

  1. Forschungsstelle Internationales, Management und Innovation, Universität Hohenheim, Stuttgart, 70593, Germany

    Alexander Gerybadze

  2. und Recht i. Gr., EBS Business School, EBS Universität für Wirtschaft, Gustav-Stresemann-Ring 3, Wiesbaden, 65189, Germany

    Ulrich Hommel

  3. BASF AG, Carl-Bosch-Str. 38, Ludwigshafen, 67063, Germany

    Hans W. Reiners

  4. FB 1 Management, Controlling, HealthCare, FH Ludwigshafen, Ernst-Boehe-Str. 4, Ludwigshafen, 67059, Germany

    Dieter Thomaschewski

Rights and permissions

Reprints and permissions

Copyright information

© 2010 Springer-Verlag Berlin Heidelberg

About this chapter

Cite this chapter

Kreimeyer, A. (2010). The Chemical Industry Drives Innovation also in Times of Crisis: BASF as an Example. In: Gerybadze, A., Hommel, U., Reiners, H., Thomaschewski, D. (eds) Innovation and International Corporate Growth. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-10823-5_5

Download citation

Publish with us

Policies and ethics

Search

Navigation