TURKISH BUSINESSPEOPLE AWARDED

Sabanci Holding Executive Board Chairperson Guler Sabanci received Schumpeter Prize from Vienna Mayor Michael Haupl at a ceremony.
Delivering a speech in the ceremony, Sabanci said that she was proud to receive this prestigious award.
Sabanci said that she has been in the business world for 33 years.
"My team and I were given several opportunities. We established several important partnerships, and created new job opportunities and global brands," she said.
"Free market economy is a must to boost entrepreneurship. Turkey's political and economic climate provided important opportunities to my family and our company," she said.
Sabanci said that she appreciated works of Schumpeter Society and this prize would boost her confidence in innovative entrepreneurship.
Guler Sabanci is a third-generation female member of the renowned Sabanci family, and currently the chairperson of the family-controlled Sabanci Holding, the second-biggest industrial and financial conglomerate of Turkey.
In 1978, Sabanci started her professional career at LasSA, a family-owned tire production company in Kocaeli. She was then appointed general manager of KordSA, a position she held for 14 years. Later, Sabanci became a member of the board of directors at Sabancı Holding. In 2004, following the death of her uncle Sakip Sabanci, she was appointed chairperson of the holding. The same year The Wall Street Journal selected her, the new boss of the US$25 billion business, as one of its "30 Most Powerful Women of Europe". In 2007, she was selected to be one of the World's 100 Most Powerful Women by the Forbes magazine. In 2009, the Financial Times listed Sabanci 5th among the "Top 50 Women" in World Business.
The International Joseph A. Schumpeter Society (ISS) is an economics association aimed at furthering research in the spirit of Joseph A. Schumpeter.
Founded in Germany in 1986, the Society's founding conference was devoted to evolutionary economics, with special focus on the influence of Schumpeter. In 1993 the Society adopted the Journal of Evolutionary Economics, founded in 1991, as its house journal. In cooperation with the German weekly Wirtschaftswoche, the Society awards a Schumpeter Prize.