Issues and Propositions for Industrial Mathematics

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By Volker Mehrmann
It is common wisdom that mathematics drives innovation in most areas of science and engineering, but also economics and social sciences. Mathematical modeling, Simulation and Optimization (MSO) provides the language and the tools for progress that goes beyond classical trial and error. As the reports from several countries, e.g., the UK, the Netherlands and France indicate, mathematics has a huge economic impact on the GNP and on the job market.