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ICSB Sunday Times Editor’s note:
Pour yourself an espresso and celebrate the growing global momentum behind micro, small, and medium-sized enterprises (MSMEs). This week, ICSB Chairman Ki-Chan Kim spoke at the Vatican, responding to Pope Leo XIV’s first AI encyclical with a simple message: technology should serve people, not replace them. Using the example of a 70-year-old Korean bakery that donates one loaf for every two it sells, he highlighted the power of Human-Centered Entrepreneurship.
At the same time, excitement is building for the ICSB World Congress 2026 in Washington, D.C. The Call for Papers has been extended through May 31, and with global hybrid participation and a special ICSB Day at the United States Congress, the entrepreneurship community is coming together to shape the future of innovation and MSMEs worldwide. By Ayman ElTarabishy
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In celebration of United Nations Micro, Small and Medium-sized Enterprises (MSMEs) Day on June 27, the International Council for Small Business (ICSB) is pleased to invite you to contribute a brief written report for publication on the official United Nations MSMEs Day websit. This year marks the 9th edition of our annual global report, and we would be honored to include your voice among this year’s distinguished contributors from around the world.
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ICSB Chairman Ki-Chan Kim makes the case for the world’s smallest businesses at the Vatican, answering Pope Leo XIV’s first AI encyclical with a 70-year-old Korean bakery. Ki-Chan Kim walked into the New Synod Hall and made a simple argument. Technology should serve people, not replace them. The proof, he said, sits in a Korean shop that gives away one loaf for every two it sells.
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United States Congress
to Host ICSB DAY
Washington, DC
June 29 – July 2, 2026
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We are delighted to welcome Dr. Winslow Sargeant, ICSB Fellow and global thought leader, as a keynote speaker at the ICSB World Congress 2026 in Washington, D.C. Dr. Winslow Sargeant is the immediate past chair of ICSB and is a distinguished leader in innovation, entrepreneurship, and public policy, with extensive experience supporting the growth of small businesses and technology-driven ventures. He previously served as Chief Counsel for Advocacy at the U.S. Small Business Administration, where he was a leading voice for MSMEs across federal policymaking. Dr. Sargeant has also held senior roles in academia and industry, including positions in venture capital and technology development. His work focuses on strengthening entrepreneurial ecosystems, advancing innovation policy, and expanding opportunities for emerging enterprises.
The future of MSMEs is being shaped by a new reality defined by rapid technological change, shifting global markets, and increased uncertainty. In this environment, resilience, adaptability, and speed of decision-making are no longer advantages—they are necessities. Governments can play a catalytic role by creating enabling policies, reducing barriers to entry, and investing in infrastructure, access to finance, and digital ecosystems. Ultimately, strong public-private collaboration will be essential to ensure MSMEs not only survive but also scale and compete globally.
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There’s a profound irony at the heart of management academia. We study organizations, leadership, performance management, and human behavior. We publish thousands of peer-reviewed articles on how to measure performance fairly, motivate people effectively, and align reward systems with strategic goals. And then we go back to our own institutions and do almost none of it (read more).
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CUTTING EDGE RESEARCH
Entrepreneurship research and impact: New ways to think about researchers, universities, and our field
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Entrepreneurship research is facing growing pressure to demonstrate tangible societal impact as universities increasingly transition from traditional knowledge-creating institutions to “impact universities” focused on addressing social, economic, and environmental challenges. This shift is driven by public accountability, the need to support the United Nations Sustainable Development Goals, and continued constraints on public funding, even though university research has long contributed significant societal value through knowledge creation and innovation. The editorial argues that entrepreneurship scholars must rethink how they define and achieve impact, balancing academic freedom and rigorous inquiry with the growing demand for research that produces visible benefits for policy, practice, and society.
. (read more)
by: David B. Audretsch, Antje Fiedler & Eric W. Liguori
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How to Use Generative AI as a Research Methods Assistant—Without Losing Rigor or Judgment
How to Use Generative AI as a Research Methods Assistant—Without Losing Rigor or Judgment
Generative AI is no longer optional in research, but using it well requires discipline, expertise, and clear boundaries. This article offers a concrete roadmap for treating AI as a methods assistant—one that accelerates high-quality research without replacing human judgment or theoretical responsibility ” read more
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ICSB Top Five Books for 2025-2026
ICSB is proud to announce the ICSB Golden Book Awards for 2025–2026, celebrating the Top Five Essential Books shaping the future of entrepreneurship, innovation, and small business leadership. This year’s selection reflects the dynamic nature of knowledge itself. Three powerful new titles have entered the list for 2025–2026, while two exceptional works from the 2024–2025. (Read More)
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We are devoted to the interests and advancement of small business globally
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