Research with merit
Increased earnings, more jobs, or new products
In the autumn of 2007, CBS organised a contest for the best examples of research that have created results in, for example, new processes or products, increased earnings, or more jobs.
There were many good suggestions, and the winners of the contest “Research with merit” have now been announced.
Expensive or cheap investment associations
The winners came from three different departments. Professors Ken L. Bechmann and Jesper Rangvid from the Department of Finance won one of the three awards for their system atpRatingen that shows how high the expenses of investment associations are.
Using the system, the associations are awarded between one and five “royal crowns”. The more crowns, the cheaper the association.
“The project appeals to many people who invest”, is one of the reasons given by the assessment committee.
Influence on Danish legislation
At the Law Department, Professor Peter Arnt Nielsen received an award for his project on arbitration rules, which has had significant influence on Danish arbitration rules and which contributed to the amendment of the Danish Arbitration Act in 2005.
The machine makes the translation
A machine translation project secured an award for Associate Professor Daniel Hardt and PhD Fellow Jacob Elming.
“It is a project with great potential and is at the forefront of research within its field”, it says in the assessment.
Normally, it takes an entire day for a person to translate 2,000 words, but with this new technology it takes two minutes. There is, however, still a long way to go before the technology can replace human translators, but translators are already able to save a lot of time when translating.
The award winners have received 25,000 Danish kroner in individual research support.
Assessment committee
The award committee comprised the President of CBS, Finn Junge-Jensen, the CEO of NKT Holding A/S and President of FUHU, Thomas Hofman-Bang, Professor Peter Maskell, and Professor and Associate Dean Flemming Poulfelt.