"Enter the Prince of Denmark; Entrepreneurship for a Resilient and Sustainable Economy”

The inaugural Lecture on the 25th of October by Prof. Dr. Mark Sanders has the following title: "Enter the Prince of Denmark; Entrepreneurship for a Resilient and Sustainable Economy”

Prof. Dr. Mark Sanders illustrates the challenges we face in the world today and that all have a great uncertainty in common. The best way to prepare for that future is to build resilient and sustainable economies in which people, firms, and systems can adapt to shocks. In this inaugural lecture, Prof. Dr. Mark Sanders argues that an entrepreneurial economy fits that description. In an entrepreneurial economy, we build and maintain institutions that mobilize and direct the creative and business talent in society for productive ventures. Financial, labour market and knowledge institutions then channel resources to these ventures (or fail to do so). In ‘normal’ times entrepreneurs challenge the status quo and are the agents of change that can help us make the transition to an economy that respects the boundaries of our planet. Backing challengers also creates a more just system with equal opportunity for all. Finally, the same skills and resources that empower people, firms, and systems to challenge the old status quo are also helpful in adapting to a new one and therefore building a society that is resilient to anticipated and unanticipated shocks.

In this lecture, Dr. Mark Sanders builds on research he has done with many colleagues in the past on building and reforming institutions that will promote a more entrepreneurial society and move us towards a more sustainable economy. High on the agenda for the near future is to link the idea of an entrepreneurial society to resilience.

To watch the recorded lecture, click here.