Global Award for Entrepreneurship Research
{{Short description|International entrepreneurship research award}}
{{Infobox award|name=The Global Award for Entrepreneurship Research|image=Hand of God (200 × 200 px)|caption=The Hand of God|awarded_for=Outstanding contributions to research in Entrepreneurship|presenter=|reward={{EU€}}100,000|year={{Start date and age|1996}}|year2={{end date|2023}}|website={{URL|https://www.e-award.org/}}|alt=Carl Milles Hand of God - Reproduction given for the Global Award for Entrepreneurship Research|image caption=The Hand of God by Carl Milles|sponsor=Swedish Foundation for Small Business Research (FSF) and the Swedish Agency for Economic and Regional Growth (Nutek)}}The Global Award for Entrepreneurship Research is an international award that recognizes outstanding contributions to the field of entrepreneurship research. Established in 1996, it aims to promote the advancement of knowledge in entrepreneurship and to encourage research efforts in the field.{{Cite journal |last1=Henrekson |first1=Magnus |last2=Lundström |first2=Anders |date=October 15, 2008 |title=The Global Award for Entrepreneurship Research |journal=Small Business Economics |language=en |publication-date=October 15, 2008 |volume=32 |issue=1 |pages=1–14 |doi=10.1007/s11187-008-9141-y |s2cid=10265169 |issn=0921-898X|doi-access=free }}
The Prize
The recipient of the Global Award for Entrepreneurship Research is awarded a prize sum of 100,000 Euros. Recipients also receive a reproduction of Swedish Sculptor Carl Milles' The Hand of God.{{Cite web |title=The Prize – Global Award for Entrepreneurship Research |date=14 December 2017 |url=https://www.e-award.org/the-prize/ |access-date=2023-04-07 |language=en-US |archive-date=2023-03-21 |archive-url=https://web.archive.org/web/20230321180808/https://www.e-award.org/the-prize/ |url-status=live }}
The History of the Award
During the Internal Conference for Small Business's World Conference in 1996, a proposal was made to create an award to recognize excellence in research in the field of entrepreneurship and small business.{{Cite journal |last1=Braunerhjelm |first1=Pontus |last2=Henrekson |first2=Magnus |date=May 2009 |title=Awarding Entrepreneurship Research: A Presentation of the Global Award |url=http://journals.sagepub.com/doi/10.1111/j.1540-6520.2009.00327.x |journal=Entrepreneurship Theory and Practice |language=en |volume=33 |issue=3 |pages=809–814 |doi=10.1111/j.1540-6520.2009.00327.x |s2cid=146577339 |issn=1042-2587 |access-date=2023-04-07 |archive-date=2023-04-10 |archive-url=https://web.archive.org/web/20230410005744/https://journals.sagepub.com/doi/10.1111/j.1540-6520.2009.00327.x |url-status=live }}{{Cite book |last=Gupta |first=V. K. |title=Great Minds in Entrepreneurship Research |publisher=Palgrave Macmillan |year=2020 |isbn=978-3-030-44125-8 |location=London |language=En |doi=10.1007/978-3-030-44125-8|s2cid=229270423 }} The award aimed to emphasize the importance of entrepreneurship research, stimulate and promote further research in the field, and disseminate state-of-the-art research among scholars, practitioners, and small business developers. The International Award for Entrepreneurship and Small Business Research was established in that same year in 1996. In 2008 the award was renamed the Global Award for Entrepreneurship Research, and the monetary prize was increased in value to €100,000.
Award Process and Selection
The Global Award for Entrepreneurship Research has been considered the premier prize in its field.{{Cite web |date=2011-01-29 |title=Entrepreneurship Nobel to Steven Klepper |url=https://organizationsandmarkets.com/2011/01/29/entrepreneurship-nobel-to-steven-klepper/ |access-date=2023-04-07 |website=Organizations and Markets |language=en |archive-date=2023-04-07 |archive-url=https://web.archive.org/web/20230407140432/https://organizationsandmarkets.com/2011/01/29/entrepreneurship-nobel-to-steven-klepper/ |url-status=live }}{{Cite web |title=Vishal Gupta and the Nobel Prize For Entrepreneurship Research |url=https://www.journalofbusinessventuring.com/video-links/blog-post-title-two-nseth |access-date=2023-04-07 |website=Journal of Business Venturing Blog |language=en-US |archive-date=2023-04-07 |archive-url=https://web.archive.org/web/20230407140432/https://www.journalofbusinessventuring.com/video-links/blog-post-title-two-nseth |url-status=live }}{{Cite web |last=Boettke |first=Peter J. |date=2017-03-14 |title=Why Israel Kirzner Deserves a Nobel Prize {{!}} Peter J. Boettke |url=https://fee.org/articles/why-israel-kirzner-deserves-a-nobel-prize/ |access-date=2023-04-20 |website=fee.org |language=en |archive-date=2023-04-20 |archive-url=https://web.archive.org/web/20230420163231/https://fee.org/articles/why-israel-kirzner-deserves-a-nobel-prize/ |url-status=live }}{{By whom|date=December 2023}} The award is presented annually with a ceremony typically held in Stockholm with the award being presented by the Minister of Sweden's Ministry of Enterprise and Education.{{Cite web |title=Pressinbjudan: Prisföreläsning med Hernando de Soto |url=https://news.cision.com/se/global-award-for-entrepreneurship-research/r/pressinbjudan--prisforelasning-med-hernando-de-soto,c2258441 |access-date=2023-04-16 |website=News Powered by Cision |date=8 May 2017 |language=sv |archive-date=2023-04-16 |archive-url=https://web.archive.org/web/20230416204349/https://news.cision.com/se/global-award-for-entrepreneurship-research/r/pressinbjudan--prisforelasning-med-hernando-de-soto,c2258441 |url-status=live }} The current awardee presents a prize lecture after receiving the award.{{Cite web |title=Ceremonies – Global Award for Entrepreneurship Research |date=25 January 2018 |url=https://www.e-award.org/ceremonies/ |access-date=2023-04-07 |language=en-US |archive-date=2023-04-07 |archive-url=https://web.archive.org/web/20230407154814/https://www.e-award.org/ceremonies/ |url-status=live }}
The Global Award for Entrepreneurship Research recognizes individuals who have made outstanding contributions to the field of entrepreneurship and small business development. The primary criterion for receiving the award is exceptional scientific achievement in entrepreneurship theory, methodology, and/or empirical research.{{Cite web |date=2022-04-08 |title=UVA Darden Professor Saras Sarasvathy Wins 2022 Global Award for Entrepreneurship Research |url=https://news.darden.virginia.edu/2022/04/08/uva-darden-professor-saras-sarasvathy-wins-2022-global-award/ |access-date=2023-04-16 |website=Darden Report Online |language=en-US |archive-date=2023-04-16 |archive-url=https://web.archive.org/web/20230416212524/https://news.darden.virginia.edu/2022/04/08/uva-darden-professor-saras-sarasvathy-wins-2022-global-award/ |url-status=live }} The evaluation considers the following aspects:
- The originality and innovativeness of the research.
- The impact of the research on the scientific community and the advancement of entrepreneurship as a field of study.
- The practical relevance of the research for policymakers, educators, and practitioners in the field of entrepreneurship.
Each year, leading entrepreneurship scholars worldwide are invited to nominate candidates. A Prize Committee, consisting of six to eight members who are full professors at Swedish universities working on small business and entrepreneurship issues, selects the winner.{{Cite web |title=Prize Committee |url=https://entreprenorskapsforum.se/en/prize-committee/ |access-date=2023-04-16 |website=Swedish Entrepreneurship Forum |language=en-GB |archive-date=2023-04-16 |archive-url=https://web.archive.org/web/20230416165107/https://entreprenorskapsforum.se/en/prize-committee/ |url-status=live }}