Support our Student with Global Scholarships

#GivingTuesday is a day dedicated to global generosity to transform communities and organizations. ICSB invites you to join us in advancing entrepreneurship and supporting small businesses worldwide by donating to our 10k Campaign for Academy Student Scholarships. Your donation will help entrepreneurial students worldwide attend the ICSB Academy in Gwangju, South Korea, at the 2023 World Congress. We are investing in our most incredible resources, the entrepreneurial students that want to attend our premier global event.

Your contribution will help secure scholarships to attend a week of cutting-edge presentations from our global experts. They will visit notable companies, work on projects confronting global challenges, and present to our World Congress attendees. 

There has never been a more critical time for your support to our students and small business community when so many are threatened financially by the global pandemic.

We will award our students scholarships and provide our sponsors with a global certificate and recognition at the ICSB World Congress.

Despite the changing times, our purpose remains the same: to be devoted to the interests and advancement of small businesses globally. Your support on this GivingTuesday will help us to be the premier global platform in consent of Small and Medium-sized Enterprises and help these vital institutions continue to grow and thrive in our communities.



Humane Entrepreneurship

Humane Entrepreneurship

Humane Entrepreneurship and Small Businesses

Consumers are starting to recognize the value of being able to expend their resources while concurrently awakening to the troubles that small businesses globally face. As for businesses, many have also reflected on their values and practices, deciding where to make cuts and how to demonstrate employee value. At large, we have all been influenced by this global reset.


This re-establishment places many in the space of simultaneous suffering and structuring. This is where the principles of humane entrepreneurship can be applied in practice. Detailed in their original publication, humane enterprises share four categorizations for business, those being ideal, moderate, negative, and harmful. Working as types of standards for the business community, these qualify businesses not only in their transition towards just practices but also in their ability to apply these grades of practice as individuals and through cultural business diffusion.


Ideal Humane Entrepreneurship can be found in companies where their top management and administration embody the cultural values of empathy, equity, empowerment, and enablement for their employees. As the leadership guides appropriately and humanely, a culture of these values will help generate innovation, appropriate risk-taking, and decisive actions that produce activities creating quality job creation and company wealth, which helps continue the cycle of these qualities. Although these qualifiers need markers to measure these standards, companies might create evaluation and assessment phases to calculate their business’s standard of Humane Entrepreneurship. Additionally, national leaders can use these principles as they reconsider current policies surrounding enterprises, aiding in the need to bring a Culture of Ideal Humane Entrepreneurship to the forefront of both consumers’ and producers’ understanding of their role in entrepreneurship.


Moderate Humane Entrepreneurship can be portrayed in companies where leadership is committed to one aspect of generating a Culture of Humane Entrepreneurship. This will inevitably lead to an imbalance between managing the human and strategy within the organization. Resulting in varied outcomes for wealth and job creation, this cycle will, unfortunately, not continue the cycle of positive performance seen in the Ideal standard.

Regrettably, negative Humane Entrepreneurship is depicted in many companies worldwide, where the organization’s leadership forgets the importance of the “human” component to entrepreneurial orientation. This will thus create dissatisfaction among employees and disempower high-level performance, innovation, and risk-taking. This sterile ecosystem will cause depletion and discontinuation of wealth cycles. There remains the possibility for an organization of this Negative nature to recover the humane element of the business.


Lastly, Harmful Humane Entrepreneurship is seen in leaders who purposely and directly harm their employees and, thus, the capital. The Culture of Humane Entrepreneurship is not visible in this environment, leading to a decline in performance and wealth, which is often impossible to resolve and look forward to.


Humane Entrepreneurship necessitates that companies either transition immediately or begin their business plan based on a humane orientation to entrepreneurship, allowing leadership and staff to understand their value while working as a cohesive team. This company will demonstrate its belief that “respect for human dignity demands respect for human freedom,” thus leveraging its company to further the ideals of empathy and equity beyond the walls of its business to broadcast this Cultural value to and for the greater world.

Article by: Dr. Ayman ElTarabishy, President and CEO, ICSB

9th Georges Doriot Days – Entrepreneurship and Society

9th Georges Doriot Days – Entrepreneurship and Society

9th Georges Doriot Days - “Gender perspectives in entrepreneurship : Sharing views about societal challenges”

July 5-7, 2023 at UQAM’s School of Management campus in downtown Montreal


The Georges Doriot Days : Why?
Every two years, the Georges Doriot Days are an opportunity to put three strong principles into practice:
– Practical intelligence: entrepreneurship is a field where interweaving academic thinking and practices is necessary and fruitful.
– A transdisciplinary vocation: the Doriot days make it possible to approach entrepreneurial phenomena from various lenses: managerial, legal, psychological, historical, etc. In addition to management sciences, the Doriot Days are open to experts in economics, legal sciences, cognitive sciences and more broadly, in humanities and social sciences.
– The relationship between entrepreneurship and society: the Doriot days wish to put emphasis on entrepreneurship as an agent of social transformation, not reducing it to the mere creation of wealth.


(Read more here)

Digital Reality

Digital Reality

If you ask the average entrepreneur what lessons or skills they have learned and developed over the past year, one answer comes up again: ZOOM (a.k.a. flexibility.) There is no flexibility in the modern business world without a digital presence. The tools exist for small businesses to create an online, global platform that can work towards various societal needs with very few input resources. The future of education is digital, and tying your business’s investment in digital presence to skills training or other educational opportunities is a brilliant, cost-effective way of growing your footprint.


COVID-19 and the resulting changes to the day-to-day operations of millions of people worldwide have accelerated this shift toward digital infrastructure and technological competency.  At ICSB, we believe that this transition to a more global and digitally connected environment provides opportunities for all small and medium-sized enterprises (SMEs) and sustainable entrepreneurs to increase their knowledge and to network through a collection of digital conferences.


We want to emphasize that while the potential value of digital conferences and the broader expansion of technological advancement, in-person meetings, and opportunities to meet and socialize remain the ideal for a robust exchange of information and perspectives. However, in a world that continually asks us to adapt, we must continue to be ready to do so.


One of the main attractions of a digital conference is location neutrality. Conferences can be hosted from wherever, and it becomes exponentially easier for distant parties to attend events that would ordinarily have been very difficult in regular times. This approach also centers on disabled actors and other parties that require a different set of accommodations. When we say we want to build a more equitable and just world, these are some of the more minor, more complicated things we must pay attention to.


Additionally, a digital conference’s environmental impact is a fraction of the average ecological costs of long-distance travel and other amenities of an in-person function. We must emphasize sustainability and consider expenses that we have historically ignored.


While this age of digital conferences and events is relatively new, there are ways to maximize your event’s effectiveness. As Lawton (2020) writes, some of the key considerations include:



  1. Timetabling of speakers should be optimized to account for the different time zones in which speakers and participants are located.
  2. Presenters should be taught how to use the software before the conference, including optimizing their environment, lighting, positioning, and digital broadcast clothing.
  3. Audience participation via asking questions and voting in polls is essential to keep the audience engaged and scrutinizing presented material.
  4. Technological failures are distracting and time-consuming. A dedicated team should be assigned to troubleshoot and make contingency plans when the issue cannot be resolved.
  5. Decide how recorded content will be made available and whether this will be restricted to registered participants or open to a broader audience.

The details will change according to the specifics of certain events. Still, we believe a foundation emphasizing preparedness, audience engagement, and technological competency is a definite beginning as we evolve our practices to meet the times’ challenges. Additionally, we believe incorporating these strategies will create a special and unique experience that does not merely look to replicate the features of a traditional, in-person event. Digital conferences and circumstances are individual and offer their pros and cons.

We believe we must lean into these challenges if we want to continue to succeed.


Article by:  Dr. Ayman ElTarabishy, President and CEO, ICSB


The Future of Entrepreneurship Education

The Future of Entrepreneurship Education

Entrepreneurship Education sits as the cornerstone of creating socially and environmentally conscious entrepreneurs. When we imagine the future of humane entrepreneurship, it includes empowered employees and well-educated entrepreneurs making intelligent decisions to heal the environment and benefit the world. To enable entrepreneurs to make these changes we envision, we must educate them on the issues that truly matter, such as integrating social entrepreneurship with sustainable entrepreneurship and employing business practices that protect our planet, communities, and future generations.



First, we must consider the significance of climate change and the role that government officials and entrepreneurs play in preventing further damage to the planet. Although governments are making changes to reduce negative environmental impacts, we are still concerned about whether profitability and sustainability coexist. We must educate all stakeholders about climate risk and their duty to promote sustainability in response to this. As observed by Dr. Mariya Yesseleva-Pionka, Global Certificates Manager for ICSB and adjunct professor at the University of Technology Sydney, “With every new business venture comes a great responsibility for making climate-friendly decisions.” Therefore, we must continue developing and supporting eco-friendly solutions such as green start-ups, fin-techs, and sustainability reporting and educate entrepreneurs on properly implementing SDGs and sustainable business practices. It is imperative to note that long-term profits will not matter if the planet deteriorates due to climate change.



This sustainability education is inherently tied to education about social entrepreneurship, as both of these entrepreneurial approaches target issues on a human and environmental level. Although there exists an increasing amount of research on social entrepreneurial intention (SEI), or the motivation of entrepreneurs to build new social enterprises, we still lack knowledge about different SEI antecedents, such as personality, cognition, and experience, as well as variables moderating antecedent-SEI relationships, including economic and social influences. According to Dr. Phillipp Kruse, a scientific staff member at the Dresden University of Technology, the solution to these research issues lies in examining SEI in countries with different cultures and economic situations and developing a validated instrument with which to measure SEI. Additionally, social entrepreneurship educators must include more psychological input in university courses to strengthen participants’ motivational ties to social entrepreneurship.



With entrepreneurial learners’ power to change the future of business and the environment, we owe them the best education, educators, research, and settings. We must listen inclusively to these learners’ and new and small businesses’ voices. Dr. Norris Krueger, the Senior Research Fellow at the College of Doctoral Studies, UOPX & Entrepreneurship Northwest, stated, “Students are our secret weapon. In terms of learning and educating, especially in the ecosystem.” To provide entrepreneurial learners with the best resources, we must shift from top-down systems to bottom-up, from institutions to people, and from hierarchies to networks. Inclusivity and active listening are the keys to discovering what our entrepreneurial students need to flourish, improve their communities, and shape the future of humane entrepreneurship. In educating entrepreneurs and stakeholders on their sustainable responsibilities, increasing students’ ties to social entrepreneurship at the university level, and providing high-quality, comprehensive education, we grant entrepreneurs the tools necessary to implement safer business practices and create long-term, positive change for our environment, communities, and ways of life.


Article by:  Dr. Ayman ElTarabishy, President and CEO, ICSB


The Future of Business Schools

The Future of Business Schools

Are business schools on the wrong track? For many years, business schools enjoyed rising enrollments, positive media attention, and growing prestige in the business world. However, due to the disruption of Covid-19, many previously ignored issues relating to MBA programs resurfaced. As a result, MBA programs now face lower enrollments and intense criticism for being decent in preparing future business leaders and ignoring essential topics like ethics, sustainability, and diversity and inclusion.



The Future of Business Schools discusses these issues in the context of three critical areas: complexity, sustainability, and destiny ‘In a timely volume, Professors Baldegger, El Tarabishy, Audretsch, Kariv, Passerini, and Tan have demonstrated that the future of business schools is now. Business schools can and should play a critical role in economic and talent development worldwide, and this book shows us the path forward.


Filled with strategic and operational insights, this is a valuable book for all internal and external business schools stakeholders, including students, faculty, university leaders, alumni, governments, policymakers, and society at large.’ – Herman Aguinis, e George Washington University School of Business, US


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Article by:  ICSB Office.