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ICSB Sunday Times Editor’s note:
This week’s edition comes strong—a Cappuccino Blend of Heritage and Innovation. We open with “From Baby Boomers to Generation Beta,” tracing how business education evolved from postwar management to today’s AI-powered, human-centered learning. Our Editor’s Pick spotlights Cairo’s Creativa Innovation Hub at the Sultan Hussein Palace—a powerful symbol of how Egypt unites history with digital creativity. ICSB Global will visit this inspiring site during our 70th Anniversary World Congress. We also feature new JICSB research on overconfidence in small business decisions and open nominations for the ICSB Global Awards, celebrating educational excellence. Like a fine cappuccino, this issue blends insight, purpose, and creativity—energizing our global community for what’s ahead.
— Dr. Ayman ElTarabishy
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From Baby Boomers to Generation Beta
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Over the past eight decades, business education has transformed from a discipline rooted in postwar reconstruction and industrial growth into a dynamic, technology-infused ecosystem. What began as a way to train managers for hierarchical corporations has evolved into a mission to prepare entrepreneurial, socially conscious, and AI-literate leaders for an unpredictable world.
Across six generations — from Baby Boomers to the emerging Generation Beta — business schools have adapted, albeit unevenly, to changing markets, evolving technologies, and shifting societal priorities. The question now is whether they are ready for the accelerated, AI-driven, student-centered era unfolding before us.. (read more)
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Editor’s Pick
Egypt’s Creativa Innovation Hub at Sultan Hussein Palace
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In the heart of Heliopolis, Cairo, the Creativa Innovation Hub stands as a stunning fusion of Egypt’s cultural heritage and its digital future. Housed within the beautifully restored Sultan Hussein Kamel Palace, this landmark initiative transforms one of Cairo’s most elegant royal residences into a dynamic space for entrepreneurship, creativity, and youth empowerment.
Once a symbol of Egypt’s royal grandeur, the palace now hosts a new kind of royalty—the innovators, creators, and changemakers driving the nation’s digital transformation.
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CUTTING EDGE RESEARCH FROM JOURNAL OF THE INTERNATIONAL COUNCIL FOR SMALL BUSINESS (JICSB)
Development and validation of a scale to assess overconfidence in small business decision making
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This study creates a 15-item tool to measure overconfidence in small business owners, focusing on being too certain and overestimating their abilities. It’s important because it helps entrepreneurs and advisors recognize and manage overconfidence, leading to better decisions and reduced business risks. (read more)
By: Daniel Fonseca Costa,Suelem Correia Garcia, Adriano Olímpio Tonelli, Bruno César de Melo Moreira
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Global ICSB
ICSB Global Awards
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The following is an overview of the submission process for the Entrepreneurship Center Global Impact Award and the Undergraduate and Graduate Education Excellence Awards. This application begins with a nomination of the Center. Self-nominations are encouraged. These initial nominations require a brief nominee information packet, which includes all the information described below. Finalists are chosen by the ICSB Global Award Committee and are notified via email. Those selected as finalists can then submit additional documents and commit to presenting their program at the ICSB Congress in Cairo, either in person or online (read more).
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The Coffee House Revolution
Across from this transformative square sits Le Procope, France’s first coffeehouse, opened in 1686. This wasn’t merely a café but the intellectual heart of the French Enlightenment. Here, near the Sorbonne, gathered the great minds who would reshape not just France, but the world’s understanding of human rights and democracy. Voltaire, consuming his legendary 40-50 cups of coffee daily, used caffeine as fuel for reason and debate. Alongside him sat Diderot, d’Alembert, Rousseau, and others who would create the first comprehensive encyclopedia—a collective effort to organize human knowledge and banish the darkness of medieval thinking. “I do not agree with what you say, but I will fight for your right to speak.” — Voltaire’s philosophy of tolerance, born in the coffee-scented debates of Le Procope. (read more)
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Design Your Business
This actionable and lively guide helps aspiring entrepreneurs acquire a designer’s mindset to transform ideas into successful products. It also assists designers and technologists in identifying entrepreneurial opportunities through a unique mix of product and business development toolkits.
Unlike other books that focus either downstream on the launch of a new venture or upstream on ideation and acquiring an entrepreneurial mindset, Design Your Business helps innovators cross the chasm between attractive ideas and actual products. This is a crucial test in any entrepreneurial endeavor, one that most innovative ideas do not pass. Throughout the book, readers will learn about methods, steps, and resources to unleash their creativity, understand users’ needs, build and test prototypes, and design beautiful products. (read more).
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ICSB 70th Anniversary – From ICSB History Book
Global Expansion: During the 1980s, ICSB began transforming from a primarily North American and European network into a truly global organization, welcoming new affiliates from Asia, Latin America, and Africa. This decade marked the start of ICSB’s role as the leading international platform for small business and entrepreneurship research.
Academic Foundations: In the 1980s, ICSB strengthened its academic presence through the Journal of Small Business Management (JSBM), which became a key scholarly outlet for entrepreneurship research and policy discussion, helping establish entrepreneurship as a recognized academic discipline worldwide.
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We are devoted to the interests and advancement of small business globally
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