New report shows rising entrepreneurship activity, sets goals for 2030
Barcelona, Spain, January 12, 2023 /PRNewswire/ — Companies founded by the IESE Business School community have created and funded 72,000 jobs worldwide. $11.8 billion in the capital as the school continues its expansion entrepreneurial ecosystemaccording to a new report.
This report measures the impact of IESE’s entrepreneurial activity over the past two decades and sets goals for 2030 in the field. The numbers are from Crunchbase, Dealroom, PitchBook, and LinkedIn, among others.
service to society
“Entrepreneurship is part of our mission. We aim to develop leaders who make a deep and lasting impact through professional excellence and a spirit of service.Successful entrepreneurs are , with a real sense of purpose and an excellent service to society,” says Franz Huekamp, Dean of the IESE.
Some data points from the impact report:
- 72,000 jobs have been created on five continents by IESE-trained entrepreneurs.
- $11.8 billion It was raised by a company founded by IESE in capital.
- 30% of IESE students start a business within 5 years of graduation
- $70 million Invested in startups by IESE alumni-related mechanisms
Concept of the whole program
IESE was the first European business school to teach entrepreneurship in its MBA program in 1974. Furthermore, “the value of entrepreneurship is communicated through all our programs and activities,” she said, Professor Mª. Julia Platts, Academic Director of the Entrepreneurship and Innovation Center (EIC) at IESE. Some highlights:
- 26 professors and external collaborators supporting entrepreneurship education and activities
- 16 entrepreneurial electives
- 90 extra-curricular events per year including entrepreneurial conferences, hackathons and workshops – four times the activity five years ago
- 1,400 IESE students are supported each year by the school’s entrepreneurial ecosystem
Based on cutting-edge research
“The IESE Entrepreneurship Faculty develops cutting-edge research and shines a light on novel, relevant and impactful areas,” says the professor. Christoph Zott, IESE Dean of Entrepreneurship. Entrepreneurship knowledge outputs include:
- IESE selected 22 competitive research projects by the European Commission and national governments Asia When latin america
- 20 publications per year, including peer-reviewed articles, books, research, and business cases from institutions such as the Academy of Management Journal, Administrative Science Quarterly, Strategic Management Journal, Harvard Business Review, and MIT Management Sloan Review
- A total of 1,655 publications per year, including book chapters, technical notes, proceedings and non-refereed articles
A major ecosystem supporting students, alumni, professors and society
“It takes more than academic knowledge for entrepreneurs to thrive,” he says. Josemaría Ciota, IESE Executive Director of the Center for Entrepreneurship and Innovation. “This is why the school has developed an ecosystem to support students, alumni, professors and society to realize their entrepreneurial dreams.”
These include WeStart and WeGrow Mentoring Initiatives, Technology Transfer Group, International Search Funds Institute, Open Innovation Institute, Business Angels Network, and more. Recent achievements include:
- The Global Index of Entrepreneurship and Innovation has recognized this positive impact, especially over the past three years, ranking the school as one of the leading institutions in the field.
- World Economic Forum selects school as co-curator of innovation topic
- The European Commission has selected IESE as a core partner in one of its new digital innovation hubs to support the testing and adoption of emerging technologies.
2030 goals aligned with the UN Sustainable Development Goals
The report also sets entrepreneurship goals for 2030, aligned with three of the United Nations Sustainable Development Goals. They are:
- Create 50,000 new jobs by helping 5,000 entrepreneurs launch startups and raise at least €500 million in venture investment (UN Goal #8 Decent Work and Economic Growth)
- Influencing 2,000 C-suite executives worldwide through IESE research and action (Partnerships to achieve UN Goal #17)
- Release 200 new publications related to search funds, corporate ventures, technology transfer and angel investments to foster innovation (UN Goal #9 Industry, Innovation and Infrastructure)
Source IESE Business School-University of Navarra
