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June272023

The United Nations MSMEs Day has concluded, leaving us inspired and invigorated by the collective commitment to support youth, women, and resilient supply chains. Watch the photos and videos.

UN MSMEs Day

This year, the UN MSMEs Day focuses on the theme of ‘Galvanizing MSMEs worldwide by supporting women and youth entrepreneurship and resilient supply chains’.
This highlights the importance of investing in female and young entrepreneurs, who bring fresh perspectives and innovative solutions to the business world. Empowering them not only boosts economic growth but also fosters social development.

South Korea’s Thriving Social Venture Ecosystem

South Korea’s strong commitment to innovation is evident in its global rankings Collaborating closely with industry partners, the government has fostered a culture of innovation. South Korea has experienced a significant shift in entrepreneurship, with a surge in startups and government initiatives supporting the growth of a vibrant ecosystem. The country’s focus on social entrepreneurship is particularly promising, with successful ventures addressing various social challenges. South Korea’s thriving ecosystem serves as a valuable model for other regions to learn from.

Asking good questions in the age of Generative AI​

Unlocking the full potential of innovative technologies like ChatGPT relies on asking well-formulated questions. Asking the right questions grants the freedom to harness the full potential of available technologies, akin to fully utilizing the capabilities of a sports car.

Driving Success: ICSB’s 2023 Academy

Recognizing the benefits of a multi-cultural, multi-disciplinary, immersive environment for entrepreneurship education, the ICSB Academy fosters diverse perspectives, enhances creativity, and cultivates cultural sensitivity among students, preparing them to navigate international markets and forge lasting partnership.

EastandWest

This interplay of Eastern and Western entrepreneurial philosophies will be in the spotlight at Gwangju’s 67th ICSB World Congress. With a timely theme – “Entrepreneurship for Humanity and Peace” – the Congress will bring together thought leaders from across the globe. It promises to be a unique platform that explores the synergies and differences in global entrepreneurial practices, paving the way for a more harmonious and peaceful entrepreneurial ecosystem.

ICSBandAirtifae

The International Council for Small Business, in conjunction with Airtifae Global Services, will host the 10×10 Program during ICSB’s 2023 World Congress in South Korea, July 9-14. This program promotes trade between small- and medium-sized businesses from the United States and other countries. To do so, ICSB, in collaboration with Airtifae Global Services, aims to explain and counsel SME companies on expanding their operations internationally by ensuring a strategic plan to understand the market, identify key partners and opportunities, and utilize capital.

Following ICSB’s vision to promote the growth and development of SMEs internationally, Airtifae Global Services has partnered with us to provide SMEs with in-depth knowledge and guidance to “go global” and how this initiative will impact the local economy.

WhyMSMEs

The United Nations Micro, Small, and Medium-sized Enterprises (MSMEs) Day is an annual event celebrated on June 27th. The day was created to recognize MSMEs’ critical role in driving economic growth and creating jobs worldwide. In addition, it is an opportunity to raise awareness about the challenges MSMEs face and encourage governments, policymakers, and stakeholders to take action to support them.

Korean Entrepreneurship

A new academic paper to be published in July 2023 by ICSB seeks to explore the historical evolution of Korean entrepreneurship, focusing on the role of Jo Shik, a renowned Confucian scholar during the Joseon dynasty, and the city of Jinju in South Korea.

The Socratic AI

Artificial Intelligence (AI) has revolutionized how we learn and access information. However, it is crucial to create a supportive learning environment where students feel comfortable asking questions and seeking guidance on how to use AI-powered tools effectively. Faculty should support students using AI through the Socratic method and video-based learning.

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