It was in the summer of 1990, when a compelling idea, the linking of the worlds of management and academia, came true: the founding of Carnegie Bosch Institute for Applied Studies in International Management. What is today a part of Carnegie Mellon's Tepper School of Business was originally an idea inspired and driven by longtime CEO and Bosch Group Chairman Hans L. Merkle and further elaborated by discussions with former U.S. Secretary of State Henry Kissinger, former French freedom fighter, journalist, government official and Carnegie Mellon professor Jean-Jacques Servan-Schreiber, and, of course, then Carnegie Mellon President Richard M. Cyert, among others. The Institute was funded by a generous endowment gift from the Robert Bosch Corporation The Memorandum of Understanding, signed by Merkle and Cyert in July 1990, elucidates the Institute's mission:   “The purpose of the Institute shall be: First, to stimulate scientific research in management issues relevant to business with a global orientation in order to help improve international management ... by developing ...guidance for managers in an international environment. Second, to disseminate knowledge in the field of international management to improve the understanding of both managers and researchers of fundamental issues related to the global orientation of business. Third, to foster international cooperation by encouraging close partnership among corporate, foundation, and academic partners from around the world.”