Alfred Kleinknecht (1951) was professor in the economics of innovation at the faculty of Technology, Policy and Management at TU Delft. Kleinknecht graduated in economics from the Free University of Berlin in 1977 and was then attached to the Wissenschaftszentrum Berlin for some time. In 1984 he obtained his PhD at VU University Amsterdam. Since then he has been affiliated with the University of Maastricht, the University of Amsterdam, VU University Amsterdam and since 1997 at the TU Delft. In 2006 he was visiting professor at the Universita La Sapienza in Rome and in 2009 he was visiting professor at the Université Panthéon Sorbonne in Paris. Kleinknecht is popular with the media because of his often deviant but well-considered view of economic current events. Kleinknecht gained national fame through his inaugural lecture in 1994, in which he criticized the wage moderation policy. His research group has meanwhile done a lot of research showing that wage moderation and flexibility of the labor market have a negative impact on innovation and the growth of labor productivity.