The development of a rational view of the nature of catalysis was thus absolutely dependent on the creation of the concept of the rate of chemical reaction.

; Jespersen O. Leipzig. Energetische Grundlagen der Kulturwissenschaft (1st ed.

Ostwald Jacobus Henricus van 't Hoff and Svante Arrhenius are usually credited with being the modern founders of the field of physical chemistry. He received the Nobel Prize in Chemistry in 1909 for his work on catalysis chemical equilibria and reaction velocities.