At their Entrepreneurship Festival, ESCP Europe announces the founding of the Jean-Baptiste Say Institute for Entrepreneurship, whose purpose is to offer a European alternative to the American academic model. The Jean-Baptiste Say Institute will replace the Entrepreneurship Chair, which was created 10 years ago by ESCP Europe, to accelerate its action-plans on its 6 European campuses, and to prepare tomorrow’s managers for profound changes in the world of work.
The Jean-Baptiste Say Institute
The Jean-Baptiste Say Institute was named in honor of the “entrepreneurship” concept-promoter who, in 1819, founded the first business school in the world: ESCP Europe. It boasts the unprecedented ambition to offer a European academic alternative to the American business-school model.
ESCP Europe has set three clear objectives for this Institute:
- Become the European headquarters for research and expertise on entrepreneurship.
- Develop unique methods to become the finest entrepreneurial leadership training for tomorrow’s leaders and managers.
- Support the best innovative projects in Europe by providing them with a powerful global network to support their success, from emergence to acceleration.
The Jean-Baptiste Say Institute will rely on a unique European network, which was developed in 2007 by the Entrepreneurship Chair and is backed by the momentum of ESCP’s European platform and other significant resources devoted to its European expansion:
- Research and expertise: the most important European team
⋅ 50 researchers and teachers (20% French, 60% European, 20% non-European)
⋅ 1 Jean-Baptiste Say scholarship to sponsor a global researcher for 1 year,
⋅ More than 50 international publications per year.
- Training: the most innovative European school for training in entrepreneurial methods
⋅ 100,000 € for R&D for educational innovation, with projects such as the Improbable (Art-Thinking Workshop)
⋅ 6 campuses in Europe: Berlin, London, Madrid, Turin, Warsaw and Paris (with 2 locations in République and Montparnasse)
⋅ 5,000 people trained each year (50% of whom are managers and entrepreneurs)
- Support: The Blue Factory, a global European solution (from emergence to acceleration)
⋅ 150 innovative projects accompanied each year
⋅ 3 programs: Blue Factory Start / Seed / Scale
⋅ An alumni club that brings together 100 projects for the creation of innovative projects (> 100K € turnover), and more than 20 companies (> 1M € turnover).
Frank Bournois, General Manager of ESCP Europe, is delighted with its design: “With the Jean-Baptiste Say Institute, ESCP Europe has refocused the work carried out over the last 10 years by the Entrepreneurship Chair into a new objective: that of establishing itself as a European and global benchmark for entrepreneurship.”
For Sylvain Bureau, President of the Jean-Baptiste Say Institute: “ESCP Europe is a pioneering school in entrepreneurship education. For the last 10 years, the Entrepreneurship Chair has been developing an alternative way to teach and understand entrepreneurship. Today, with its strong network of European researchers and entrepreneurs, the goal of the Jean-Baptiste Say Institute is to train entrepreneurs and leaders around the world in entrepreneurship and, thanks to ESCP Europe, offer them a unique gateway to the entrepreneurial ecosystem in Europe.”
The Entrepreneurship Festival
The creation of the Jean-Baptiste Say Institute will be announced, as a sort of emblem, at the Entrepreneurship Festival, a unique event organized by ESCP Europe which welcomes 2,500 visitors on Paris campus every year to support entrepreneurship through captivating, real-life experiences.
This year’s Entrepreneurship Festival will focus on an issue which is near to the heart of the Jean-Baptiste Say Institute: “Will the entrepreneur kill the manager?” It will be explored through a dozen different events, such as round tables, workshops, exclusive events, and more. Leading figures of the European entrepreneurial ecosystem (such as Thierry Petit – CEO of Showroomprivé and Vice President of France Digitale; Hélène Mazzella – WonderLeon; Arnaud Burgot – Ulule; Stéphane Distinguin – Fabernovel; Jospéhone Bouchez – Ticket for Change, and others) will provide their testimonies and insights on the definitive impact of the entrepreneurial wave— a wave that’s turning the workforce upside down.