EM LYON Press release feed

"Entrepreneurship vital to prevent double dip recession", says international business school

Mon, 05 Oct 2009 10:09:00 GMT

"Although there are definite signs of an economic upturn around the world, businesses of all sizes need the adrenaline of entrepreneurship if we are not to risk a 'double dip' recession', says Patrice Houdayer of the leading European business school, EMLYON. "And, in what is arguably the first truly global economic downturn, that entrepreneurial adrenaline needs to be administered on a global basis."

As part of its commitment to this idea of 'global entrepreneurship', EMLYON is one of three top business schools - the others being Babson College in the USA and Zhejiang university in China - that have come together to create the first 'Global Entrepreneurship Program' which begins its first class this month.

The program, which is aimed at developing the next generation of international entrepreneurs and 'intrapreneurs' - entrepreneurs within large companies - has attracted 65 students aged between 22 and 31 from countries as diverse as Bahrain, Finland, Mexico, Mongolia and Thailand. Participants will spend time on each of the campuses in France, the USA and China and will also undertake consulting projects with companies in all three regions to gain maximum exposure to business methods in these key markets. Typical of the class is Nicolas a 22 year old business engineering graduate, who has already lived and worked in Belgium and Switzerland and co-founded his own small business. "I was attracted by the mix of cultures involved and the opportunity to build an international network of contacts for the future," he says.

Alain Fayolle, founder member of the Academy of Entrepreneurship, has recently launched, in partnership with the Express Roularta Group, L'Expansion Entrepreneuriat, the first magazine to popularize science on subjects like company creation, economic growth and innovation. He leads the editorial staff with Bernard Surlemont from the University of Li�ge. Every issue revolves around a specific theme, illustrated by analysis, international studies, practical cases, testimonies and interviews.

At EMLYON Business School, Alain Fayolle runs the Research in Entrepreneurship Center. A team of ten researchers and doctoral students works with him on the study of the dynamics of entrepreneurial processes. Through which complex processes do people go through to reach the final stages of the creation of a firm? What factors favor or impede entrepreneurial success? What educational principles and what tools might help entrepreneurs see their project through to the end?

At a time when entrepreneurship appears as one of the solutions to the crisis, the growing recognition of the importance of work on this subject confirms the avant-garde status of EMLYON Business School and its faculty in the field of entrepreneurship.

The World Entrepreneurship Forum 2008: first results, next actions

Mon, 08 Dec 2008 11:02:00 GMT

The World Entrepreneurship Forum has been held in Evian, France, from November 13 -15, 2008.It gathered 72 participants of 35 different nationalities and more than 300 participants for the Gala Evening on November 14. First outcomes of the think tank are the publication of official documents, and a new founding member.

. After three days of debates on the theme of "The entrepreneur, creator of wealth and social justice", the members of the think tank jointly put together a "Universal Declaration on the role of the entrepreneur in the world" to be published in the coming weeks.

. The publication of the "White Paper", synthesizing the discussions and recommendations of the Forum, is scheduled for spring 2009.

. A book co-written by Patrick Molle, President of EMLYON Business School, Leonard Schlesinger, President of Babson College and Jean-Luc Decornoy, President of KPMG SA, will be published in September 2009.

. Internationally recognized business school Babson College (Boston, USA), global leader in entrepreneurship education, has decided to join EMLYON Business School and KMPG as a founding member. Babson College brings to the think tank new financial resources and unique networks in North-America. As a result of its new status as a founding member, Babson College will participate, together with a first-tier Chinese university, to the organisation of the World Entrepreneurship Forum Junior which will be held in Shanghai in July 2009.

. The 2009 edition of the World Entrepreneurship Forum will be held from November 18 -22, 2009, with 100 members.

Please click on the link below to see the Gala Conference of the World Entrepreneurship Forum: http://webcastors.net/emlyon/index_vod.html

About the World Entrepreneurship Forum
The World Entrepreneurship Forum, founded by EMLYON Business School, the leading European business school in entrepreneurship, and KPMG, the leading tax, audit and advisory services company, is the first worldwide think-tank dedicated to entrepreneurs and their role in society
The World Entrepreneurship Forum is built up of 96 members representing 35 different nationalities, and gathers entrepreneurs, social entrepreneurs, politicians and experts.
For more information about the World Entrepreneurship Forum, please visit www.world-entrepreneurship-forum.com.

Entrepreneurship "only way to avoid global recession" says EMLYON Business School

Mon, 10 Nov 2008 10:59:00 GMT

Entrepreneurship "only way to avoid global recession" says EMLYON Business School, leading international business school

"Entrepreneurs need to understand how to do business in global, rather than just domestic markets if they are to fulfill their true potential," says Patrice Houdayer, Dean of the leading European business school, EMLYON. "In fact this type of entrepreneurship may be the only viable way of escaping the threat of global recession."
EMLYON Business School is one of three top business schools - the others being Babson College in the USA and Zhejiang University in China - which have combined their strengths to educate the next generation of international entrepreneurs.
The new Global Entrepreneurship Program begins taking applications for 2009 this December, and will teach students across campuses in Europe, the US and China. This 12-month programme also offers the opportunity to work on a semester-long consulting project with an operating company in each of the three regions.
Entrepreneurship continues to be a great source of interest among business school students. With the current crisis in the markets they have to be better prepared to convince investors and improve their probability of success, not just in local markets but in global business cultures.
"This programme offers a rare opportunity to work in a culturally diverse team with the best international teachers, while living and breathing three of the most important business environments in the world," says Dean Patrice Houdayer. "All three contributing schools have been ranked as number one for the teaching of entrepreneurship in their respective regions. Together we believe we'll be able to provide the global perspective that tomorrow's business leaders will so very much need."
For more information:
www.msc-entrepreneurship.com