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Meet the 2019 Schumpeter Lecturer – Mariana Mazzucato

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The SME Assembly 2019 is getting closer and it is time to meet this year’s Schumpeter Lecturer, Mariana Mazzucato! Read on to find out who she is and about her extensive work around entrepreneurship.

Who is Mariana Mazzucato?

Mariana Mazzucato (PhD) is Professor in the Economics of Innovation and Public Value at University College London (UCL), where she is Founding Director of the UCL Institute for Innovation & Public Purpose (IIPP). IIPP is dedicated to rethinking the role of public policy in shaping both the rate of economic growth and its direction—and training the next generation of global leaders to build partnerships that can address mission-oriented societal goals.    

She is winner of the 2014 New Statesman SPERI Prize in Political Economy, the 2015 Hans-Matthöfer-Preis, the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought and the 2019 All European Academies Madame de Staël Prize for Cultural Values.  She was named as one of the ‘3 most important thinkers about innovation‘ by the New Republic, and is on The Bloomberg 50 list of ‘Ones to Watch’ for 2019. As part of her work, she advises policy makers around the world on innovation-led inclusive and sustainable growth including in her role as Special Advisor for Carlos Moedas, the current Commissioner for Research, Science and Innovation.

Mariana Mazzucato – The author

In addition to a prize-winning thinker on innovation, Mariana is also the author of two acclaimed books:

Her second book from 2018, which brings value theory back to the center of economics in order to reward value creation over value extraction was a 2018 Strategy & Business Book of the Year and was shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year prize.

This year’s Schumpeter lecturer is not only inspiring but very accomplished, which made us wonder, where does she draw inspiration from? What influences Mariana Mazzucato’s thinking? We asked her what her favourite book was and why to which she answered:

“My favourite book is ‘The Little Prince’ by Antoine de Saint-Exupéry. I love this quote in the book: ‘If you want to build a ship, don’t drum up people to collect wood and don’t assign them tasks and work, but rather teach them to long for the endless immensity of the sea,’ because it perfectly sums up how I feel about missions (where multiple state and private sector actors collaborate to achieve a shared mission) and the importance of mission-oriented innovation policy as the means to tackle societal challenges, which is the focus of my work at the Institute that I founded at UCL.”

To find out more about Mariana, her work and the Institute for Innovation & Public Purpose, be sure to visit be sure to visit her institute website and follow her on Twitter (@MazzucatoM).

To follow her Schumpeter Lecture on Day 1 of the SME Assembly 2019 on 25 November, make sure you are following @EEPA_EU & #SMEAssembly2019 on Twitter for live coverage and that you have subscribed to @PromotingEnterprise on YouTube to be notified when her lecture is available online.

SME Assembly 2019 – The Programme

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The SME Assembly 2019 will be taking place from 25-27 November in Helsinki, Finland. Hosted by the Finnish presidency, this year’s Assembly will gather participants from across the globe to discuss and innovate within the entrepreneurial and policy spheres.

Key speakers include: Mariana Mazzucato, Daniel Isenberg, Alberto Onetti, Jyrki Katainen and Kristin Schriber, along with many other experts.

But what exactly will be happening at this year’s Assembly? Check out the programme below!

Please note that this programme is still subject to change.

Meet SME Assembly 2019 speaker – Daniel Isenberg

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Today on the Promoting Enterprise News Portal we have an exciting guest! Daniel Isenberg is the founder of the Babson Entrepreneurship Ecosystem Platform, adjunct professor at Columbia Business School, and former professor at the Harvard Business School. He wrote “Worthless, Impossible and Stupid: How Contrarian Entrepreneurs Create and Capture Extraordinary Value“, which discusses the valuable lessons that Dan has collected from entrepreneurs across the globe. Dan has also been an entrepreneur and venture capitalist in Israel and since 2009 has made personal investments in over two dozen technology startups in Europe, Israel and the US.

Let’s meet Daniel Isenberg!

What is your favourite book and why?

To be honest, I learn more about entrepreneurship from history than from books about entrepreneurship, which are often filtered through rose-coloured glasses. But my one of my favourite books about entrepreneurship is a lesser-known, candid and insightful memoir by the pioneer of private equity in Europe, Sir Ronald Cohen, called “Second Bounce of the Ball: Turning Risk into Opportunity.”

What are you looking forward to at the SME Assembly 2019?

I am very interested in dialogue with local leaders about how to increase the culture and practice of growth entrepreneurship (which we call “scale up”) in their communities or regions. Many of them are hearing nice stories about Silicon Valley from our profession, but I think they are hungry for practical ideas that will work anywhere, and have a short time to initial impact.

Entrepreneurship is seen as very hands on and learning from experience. Yet as a professor of entrepreneurship practice, in your opinion, how teachable is entrepreneurship and its accompanying skills?

There is a crucial difference between entrepreneurship being teachable and entrepreneurship being learnable. Entrepreneurship is definitely the latter. I have many dozens, maybe hundreds, of experiences with my students at Harvard, Columbia and the Technion who were committed to learning how to be entrepreneurs and went on to grow successful companies. That does not mean they learned the most from entrepreneurship classes – I believe they learned from a variety of experiences, including formal and informal education, mentors, life experience, positive and negative examples, role models, their own personal networks, and so on. The classes may have helped, but I doubt that they were as definitive as many of we professors would like to believe.

If you could give an entrepreneur a single piece of advice, what would it be?

Listen openly to as much advice as possible, but then evaluate it critically, but then learn mostly from practice and real life, honest examples. In order to learn from practice, you need to be what Noubar Afeyan calls a “paranoid optimist.” You need to continually shake up the “oil” of optimism and even passion, with the “water” of cool-headed realism and even self-doubt. Passion by itself is greatly over-rated, and can get you into trouble unless it is accompanied by often painful objectivity. I wrote about this in the Danger of Entrepreneurial Passion (HBR).

Don’t forget to follow Daniel on Twitter (@danisen), and make sure you are following us on Twitter (@EEPA_EU) and using #SMEAssembly2019 to listen to more of what Daniel has to share in Helsinki.

Countdown to the SME Assembly 2019 in Finland

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BRUSSELS – 6 November 2019 – The SME Assembly 2019, the most significant event for small and medium-sized enterprises (SMEs) in Europe, is just around the corner and will be hosted by the Finnish Presidency of the European Commission in Helsinki on 25–27 November 2019. Delegates from across the world will come together to hack policy, discuss enterprise and create the governance structure of the Small Business Act.

This year’s Assembly will feature renowned economist Mariana Mazzucato as this year’s Schumpeter Lecturer as well as a host of sessions on the most cutting edge topics for SMEs and the European enterprise ecosystem, on topics such as Sustainable Finance, the Future of jobs, Women in Finance, the Single Market and more.

“This year’s SME Assembly will be a chance to meet innovation-driven SMEs who look for sustainable ways to grow. Together with them we will work on the future European SME Strategy,” said Kristin Schreiber, Director General for Internal Market, Industry, Entrepreneurship and SMEs at the European Commission.

One of the highlights of the Assembly will be the European finals for the European Enterprise Promotion Awards. 18 shortlisted projects will be competing for the six category prizes and the overall Grand Jury Prize, awarded to the project the jury feels has excelled in their contributions to the European enterprise ecosystem.

The 2019 European shortlist is available here.

The EEPA 2019 edition received 51 entries for the European competition, which were evaluated by a Jury comprising Prof. Thomas M. Cooney (Professor in Entrepreneurship, Dublin Institute of Technology), Thomas Wobben (Committee of the Regions), Darius Vodă (Romanian SME Envoy), Petri Peltonen (Finnish SME Envoy), Agnes Mathis (Director of Co-operatives Europe), Anke Wiegand (Head of Unit Innovation Funding Financing at the Enterprise Europe Network Berlin Partner for Business and Technology) and Mads Váczy Kragh (CEO of Erhvervshus Sjælland, ‘Lean Landing’ Grand Jury Prize Winner 2018). The jury was chaired by Kristin Schreiber (DG for Internal Market, Industry, Entrepreneurship and SMEs, European Commission).

About the European Enterprise Promotion Awards

Since 2006, the European Enterprise Promotion Awards (EEPA) have rewarded excellence in promoting entrepreneurship and small business at a national, regional and local level. Over 4000 projects have entered since the awards were launched and in total they have supported the creation of thousands of new companies. The objectives are to identify and recognise successful activities and initiatives to promoting enterprise and entrepreneurship, showcasing and sharing examples of best entrepreneurship policies and practices, creating a greater awareness of the role entrepreneurs play in European society and encourage and inspire potential entrepreneurs.

For more information
Guendalina Cominotti, Press Liaison Manager
+32 2 286 11 41
smeassemblypress@loweurope.eu
https://blogs.ec.europa.eu/promotingenterprise/

Get involved in the European SME Week 2019

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The European SME week is a pan-European campaign that aims to promote entrepreneurship in Europe. It helps existing entrepreneurs find information on available support and tries to encourage more people to set up their own businesses. Coordinated by the European Commission, this campaign consists of events throughout the whole year. The main event of the European SME week is organised every autumn together with the SME Assembly and the European Enterprise Promotion Awards ceremony.

How can you take part?

With events throughout the year across 37 participating countries, there is something for everyone. Each National Coordinator is busy updating the European SME Week calendar where you can browse what is going on both in your country and across others. Have a look at the event calendar here.

Feeling motivated? Got something to share? Why not organise your own event as part of the European SME Week! Find out more about the different types of events and how to be featured in the event calendar here. There is also a set of Frequently Asked Questions for event organisers if you have any further questions.

For more information visit the European SME Week website and contact the SME Week Secretariat.

SME Assembly 2018 Magazine

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A digital magazine of the SME Assembly 2018 in Graz, Austria. Generating 4,16 trillion EUR of value added and employing 94,8 million people in the non-financial business economy in 2017, SMEs continue to be the most important element of the EU economy. This growth is expected to continue with figures for SMEs in the EU-28 indicating that SMEs will create around 2,7 million new jobs in 2018 – 2019.

The 2018 SME Assembly brought together 600 entrepreneurs, investors, policy-makers, researcher and media, to ‘Connect. Share. Innovate.’ The focus was on the continuous search for methods on how to make SME policy work for those concerned, i.e. for our entrepreneurs and their employees.

Bringing together the learning and experience of participants and speakers throughout the two days, the Assembly culminated in the creation of ‘A Manifesto for an Innovative Europe’. Put together with the help of those who matter in European SME policy, the Manifesto is intended as a contribution to reflect on and practice helping companies to bring about everyday innovation for everyday companies.

Read the full SME Assembly magazine, have a look at the visual documentation and watch the visual documentation video!

SME Assembly 2018 – Day 3

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The third and final day of the SME Assembly 2018 took place on Wednesday 22 November 2018, and featured numerous policy sessions, masterclasses, the youth essay competition final and the handover to the next EU Presidency.

Day 3 started out with the Youth Essay Competition final, during which the three finalists, Ngaio Olsen-Stahl, Marija Elena Borg and Joakim Davidsson, took to the stage to present their essays and answers to: “What steps should entrepreneurs and government take to become more innovative?” Each finalist was also quizzed live on stage about their essay during which the audience participated in a live vote to select the winner. Congratulations to our SME Week Youth Essay competition winner Marija Elena Borg from Malta! Have a look at Marija’s, Ngaio’s and Joakim’s presentations and don’t forget to read their essays linked above.

Wednesday featured 10 different sessions, including a variety of policy sessions, unique masterclasses and a Scale up Lab. Once delegates had connected, shared and exchanged best practices it was time to bring the SME Assembly 2018 to a close. During the conclusions session, hosted by André Meyer from DG Growth, delegates witnessed the unveiling of the tailor-made innovation manifesto, created by SMEs and for SMEs, under which European innovation can grow and thrive. It was also the time to hand over the preparation of the next SME Assembly, which will take us to Helsinki in Finland in November 2019.

That’s a wrap for the SME Assembly 2018! Thank you all for following us both here on the News Portal and across our social media (Twitter, Facebook, Instagram, YouTube, Flickr). Keep following us for more exclusive content for the SME Assembly 2018 coming very soon and don’t forget to go and have a look at the videos from the event.

SME Assembly 2018 – Day 1

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The SME Assembly 2018 is officially open! Yesterday on 19 November 2018, this year’s Assembly, taking place in Graz, Austria got started with the highly anticipated business tours and the Mind the Bridge SME Matchmaking session.

Several Austrian enterprises opened their doors to the SME Assembly 2018 delegates, and welcomed them to learn about their processes, manufacturing, research, history and the products that they create. We would like to thank A&R Carton, Sappi, UP TO ELEVEN, XAL, Brauunion, Spitzer Dach, SUNNYBAG GmbH and the WKO Steiermark Talentcenter for participating in the tours and for letting the delegates experience their business environments.

During the business tours, some specially invited SMEs were given the chance to attend an exclusive matchmaking session run by Mind the Bridge. Chairman of Mind the Bridge, Alberto Onetti presented their work and the importance of creating links between SMEs, start-ups, scale-ups and existing corporations. Through these bridges, SMEs are able to progress faster and corporates can benefit from fresh ideas and impart their experience on new market entrants.

Day 1 continued into the evening with two spectacular events, the European SME Week Reception and the Schumpeter Lecture. The evening kicked off with the European SME Week Reception, which took place at the Old University of Graz. The Reception opened with speeches from Austrian dignitaries and was followed by traditional accordion music.

Later on in the evening the Schumpeter Lecture, the VIP event of the SME Assembly, took place at the Kunsthaus. The evening began with opening remarks from André Meyer from DG GROWTH, Deputy Director General for DG GROWTH Irmfried Schwimann and Dr. Margarete Schramböck, who spoke of the unique strength of Austria with its SME dominant culture, and the ever growing presence of and continued need for female entrepreneurs. After these remarks, this year’s lecturer Professor Bronwyn H. Hall opened the third Schumpter Innovation in Enterprise lecture, which centred on tax policy for innovation, including considerations for policy makers and SME actors.

Watch the Schumpeter Innovation in Enterprise Lecture:

What a great start to the SME Assembly 2018, but that was just the beginning! Be sure to follow us on Twitter @EEPA_EU for all the live coverage of the SME Assembly and we look forward to bringing you all the latest from the Helmut List Halle, this year’s venue here in Graz.

Don’t forget to have a look at all of the photos from the SME Assembly 2018 here on Flickr.

SME Assembly 2018 – The countdown begins

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The SME Assembly 2018 is just around the corner! Next week we will all be in Graz, Austria for the next edition of the flagship conference of the European SME Week. Today we have some exciting news to share…the final version of the SME Assembly 2018 programme.

Have a look at the latest version for the programme here and find out about the policy sessions, masterclasses, presentations and other exciting sessions on offer.

As usual the European Enterprise Promotion Awards (EEPA) will be a key part of the SME Assembly, and we are looking forward to finding out who the six category winners and the Grand Jury Prize winner are for 2018. All of the national winners will be present at the Assembly as well as the shortlisted projects who will be competing for the European prizes during the final ceremony. Just as important as the projects is the highly qualified jury that selected them, don’t forget to go through all of the EEPA 2018 Jury introductions right here on the Portal and look out for them during the SME Assembly.

There are many things to look forward to at the SME Assembly 2018 and one of them is the third edition of the Youth Essay Competition. The top three entrants, Ngaio Olsen-Stahl, Marija Elena Borg and Joakim Davidsson will be competing in a live final to convince the Assembly audience of their ideas and why they should be chosen as the 2018 winner. Best of luck to our top three before the Assembly and let’s see which of these outstanding candidates is named our next winner!

Be sure to follow us on all our social media platforms to get live coverage from the event, including exclusive quotes, pictures and other exciting updates!

Twitter: @EEPA_EU

Facebook: @PromotingEnterprise

Instagram: @promotingenterprise

SME Week Newsletter 2018: Issue #7

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Who is going to Graz? – Youth Essay Competition 2018

It is now October, meaning that the SME Assembly 2018 is just around the corner. Next month we will be travelling to current European Presidency country Austria to the beautiful city of Graz for the flagship conference of the European SME Week. As the SME Assembly gets closer, be sure to keep checking the News Portal and all the social media for updates, important information and exclusive behind the scenes content.

In this edition we will be looking at the EEPA 2018 European shortlist, and finding out more about the projects competing for a European prize. We are also proud to announce some of the younger guests of the SME Assembly 2018, the top three Youth Essay Competition finalists!

We hope you enjoy this edition and make sure to follow us on the journey to Graz and our live coverage from the SME Assembly.

Read more >>

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    • Meet the 2019 Schumpeter Lecturer – Mariana Mazzucato November 14, 2019
      The SME Assembly 2019 is getting closer and it is time to meet this year’s Schumpeter Lecturer, Mariana Mazzucato! Read on to find out who she is and about her extensive work around entrepreneurship. Who is Mariana Mazzucato? Mariana Mazzucato (PhD) is Professor in the Economics of Innovation and Public Value at University College London (UCL), where […]
      promotingenterprise
    • SME Assembly 2019 – The Programme November 13, 2019
      The SME Assembly 2019 will be taking place from 25-27 November in Helsinki, Finland. Hosted by the Finnish presidency, this year’s Assembly will gather participants from across the globe to discuss and innovate within the entrepreneurial and policy spheres. Key speakers include: Mariana Mazzucato, Daniel Isenberg, Alberto Onetti, Jyrki Katainen and Kristin Schriber, along with […]
      promotingenterprise
    • Meet SME Assembly 2019 speaker – Daniel Isenberg November 7, 2019
      Today on the Promoting Enterprise News Portal we have an exciting guest! Daniel Isenberg is the founder of the Babson Entrepreneurship Ecosystem Platform, adjunct professor at Columbia Business School, and former professor at the Harvard Business School. He wrote “Worthless, Impossible and Stupid: How Contrarian Entrepreneurs Create and Capture Extraordinary Value“, which discusses the valuable […]
      promotingenterprise
    • Countdown to the SME Assembly 2019 in Finland November 6, 2019
      BRUSSELS – 6 November 2019 – The SME Assembly 2019, the most significant event for small and medium-sized enterprises (SMEs) in Europe, is just around the corner and will be hosted by the Finnish Presidency of the European Commission in Helsinki on 25–27 November 2019. Delegates from across the world will come together to hack […]
      promotingenterprise
    • SME Week Newsletter 2019: Issue #7 October 29, 2019
      We are getting closer to the event of the year…the SME Assembly! The prestigious SME Assembly 2019 is just around the corner and will be hosted by the Finnish presidency of the European Commission in Helsinki from 25 – 27 November 2019. Delegates from across the world will come together to hack policy, discuss enterprise […]
      promotingenterprise
    • Responsible and Inclusive Entrepreneurship – EEPA 2019 Shortlist October 23, 2019
      Time to introduce the last of our shortlisted projects for EEPA 2019! These three projects were chosen by the EEPA 2019 Jury to compete in the EEPA 2019 finals at the SME Assembly in Helsinki this November. Today we meet the projects nominated at European level in our final category, Category 6: Responsible and Inclusive […]
      promotingenterprise
    • SME Week Youth Essay Competition – Who is going to Helsinki? October 22, 2019
      The 2019 Youth Essay Competition jury have decided who will be going to Helsinki to give their speech in front of the SME Assembly 2019 delegates. After much discussion and debate our jury narrowed it down to their Top 4 finalists and would like to congratulate: Enzo Ercole Ribagnac Radu Dumitrescu Estelle Beuve Aureliano Ulndreaj […]
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    • Supporting the Development of Green Markets and Resource Efficiency – EEPA 2019 Shortlist October 17, 2019
      We are nearing the end of our shortlist introductions as today is the turn of the projects nominated at European level in Category 5: Supporting the Development of Green Markets and Resource Efficiency. These three projects have been nominated for their work in green markets and for taking an environmental approach with their projects. Time […]
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    • The path to success – Lean Landing project blueprint October 15, 2019
      What does it mean to be an EEPA winner? What goes into a successful project? Last year’s Grand Jury Prize Winner, Lean Landing from Denmark has released a blueprint of their path to success and they want to share it with you! In their blueprint they detail all the different steps they went through, lessons […]
      promotingenterprise
    • Supporting the Internationalisation of Business – EEPA 2019 Shortlist October 10, 2019
      Time to meet the fourth category of projects that have been nominated for this year’s shortlist! Let’s meet the three projects that the EEPA 2019 Jury have chosen to compete in Category 4: Supporting the Internationalisation of Business at the EEPA 2019 finals at the SME Assembly in Helsinki this November. Crossroads 2, Belgium CrossRoads2 […]
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