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The foundation of progress is innovation. Questioning the status quo and renewing the foundation of prosperity unleashes creative potential, which is necessary to approach global challenges. We are living in a world in which it becomes obvious, that progress is not only understood in terms of technology and economy, but needs to be considered from a social and ecological angle as well. In doing so, sustainability and climate protection play a central role as a principle for a modern economic and industrial policy. Only thus can we succeed in managing a comprehensive transformation towards a knowledge-based economy, that efficiently handles resources and takes the value creation process into consideration.