Google is partnering with the oldest university in Berlin, Humboldt University, to focus on the world of the Internet. The program will include all facets of the Internet including its evolution, impact on society and search engine technologies. Other schools are also involved in the project including the Social Science Research Center Berlin and the Hamburg Hans-Bredow-Institute.
The Internet is still a new frontier for much of the legal profession, and the laws are desperate to catch up with what is referred to as Internet Law. Google's CEO Eric Schmidt said the new research institute will also focus on Internet philosophy, innovation, media policy and constitutional rights. "It's great that we could win four such important institutions as partners," said Schmidt.
Up until now, the Internet has been studied within the world of strategy innovation or organizational behavior as an alternate or virtual business model. The institute makes the Internet a course of study all its own.
The fund will be good for three years, and funding will be Â€4.5 million or $6.41 million each year. After that, the institute is expected to find funds elsewhere.
The institute will operate completely separate from Google.