Volker Nestle has an engineering background in precision and micro technologies and worked many years for Festo SE & Co. KG as a research engineer before he joined an Executive Master of Business Innovation program and consecutive doctoral studies at the EBS University in Oestrich-Winkel. In 2010 he received his doctoral degree for his research about Open Innovation processes in technology clusters. Until the end of 2016, he was Head of Research Future Technology at Festo and subsequently joined TRUMPF GmbH + Co. KG as Head of Corporate Research and Development. In 2018, Volker Nestle received his honorary professorship for Innovation and Technology Management at the EBS University. In July 2020, Volker Nestle switched back to Festo SE & Co. KG to build up the new business unit for LifeTech/Medical Technologies as Head of Product Development. Since 2014, Volker Nestle is also Chairman of the Board of Hahn-Schickard-Gesellschaft for applied research, running three research institutes for application-oriented research on innovative solutions in microtechnologies. Beyond his activities in technology and trend scouting for production technologies his current fields of interest are about the implications of digitization on medical technologies and the subsequent transformation in business innovation and the working environment.