The story
The institute was founded in 1951 under the auspices of the Confederation of German Employers' Associations (BDA) and the Federation of German Industries (BDI) as German Industrial Institute (Deutsches Industrieinstitut) in Cologne. From 1951 to 1953 the journalist Otto Mejer (DNB) and Fritz Hellwig (CDU) were managing director of the newly founded institute. DI became later the DIW. The German Economic Institute is a registered association (e.V.). Its membership consists of some 110 German business and employers' associations as well as a number of individual companies. Membership fees finance the regular scientific research and advocacy. Additionally, the institute conducts research projects and carries out numerous studies financed by third parties, such as public institutions, foundations and businesses.
From Wikipedia’s article on German Economic Institute, shared under CC BY-SA 4.0.5
