EEI_memoria_2015-16 by ESADE

2015 2016 ACTIVITY REPORT

ESADE Entrepreneurship Institute

Contents â&#x2013;

Made possible with the support of

ESADE Entrepreneurship Institute: some key data

Activities in the 2015-16 academic year

2.1 2.2 2.3 2.4

3. 4. 5.

Training

Research

Reaching society

Business creation

EEI in the social networks

Team

Research Report

SOME KEY DATA

1. ESADE Entrepreneurship Institute: some key data â&#x2013;

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

What happened in the 2015-16 academic year This academic year has been very fruitful, with existing initiatives that have been consolidating and new projects that have been launched to continue seeding and promoting entrepreneurship at ESADE and in the European ecosystem. The Master in Innovation and Entrepreneurship graduated its fifth class, and has been ranked third in the world, after similar programmes in Babson and MIT, in the Eduniversal Best Masters Ranking Entrepreneurship Worldwide. A new MBA course, together with partner universities Universitat Politècnica de Catalunya·BarcelonaTech (UPC) and the European School of Design, has been launched. Teams of students from the three centres work together with top European researchers from Geneva-based CERN (European Organization for Nuclear Research) to solve people-centred innovation challenges and discover market applications for breakthrough technologies. At the end of term, the teams present their business plans to a panel of investors. Regarding research, the most important event for the EEI team has been the 2nd ESADE Entrepreneurship Summit, where a group of leading researchers from around the world met in June in Barcelona to discuss trends and developments. There are many other initiatives in place, as you can see in detail in this annual report. One new initiative launched in September 2015 was the very successful ‘Challange for Business Innovation (C4BI)’, where student teams competed to do an audit of the innovation process of a company. The challenge was led by acclaimed chef Ferran Adria, from ‘El Bulli’ restaurant, considered one of the most creative and innovative individuals in the world. Finally, regarding business creation, EWorks, the new initiative that puts together founder meet-ups, co-working space, and the accelerator programme, was officially launched this academic year. The first year of the accelerator programme was very successful, with more than 65 teams from many different academic programmes participating, and nine teams presenting their business proposals on the final Demo Day. We expect these proposals to evolve during 2016-17. Good luck to everyone! Summarising, you will find plenty of detail on these and many other events led by the ESADE Entrepreneurship Institute in this annual report. We hope you enjoy it.

Luisa Alemany Directora del EEI

SOME KEY DATA

Training CORE AND ELECTIVE COURSES IN ALL KEY PROGRAMMES

EEI: SOME KEY DATA

EDITION MIE

MIE

MSC IN INNOVATION AND ENTREPRENERUSHIP

EDUNIVERSAL BEST MASTERS RANKING ENTREPRENEURSHIP WORLDWIDE

EDITION

ENTREPRENEURSHIP CLASS: LEARNING AND DOING (FUNDACIÓN PREVENT) IN BARCELONA FOR YOUNG DISABLED UNIVERSITY STUDENTS

ENTREPRENEURSHIP CLASS: LEARNING AND DOING (FUNDACIÓN PREVENT) IN MADRID FOR YOUNG DISABLED UNIVERSITY STUDENTS

SPANISH AND FINNISH COMPANIES

SCHOLARSHIPS

TOOK PART IN THE I2P COURSE (INTERNSHIP INNOVATION PROGRAMME) OF THE MIE

FOR YOUNG ENTREPRENEURS

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Research PUBLICATIONS

NEW CASE STUDIES

in leading journals such as the Journal of Business Venturing and Research Policy.

in the ESADE Entrepreneurship Institute case library.

PROFESSOR BRINCKMANN

PROFESSOR PLANELLAS

member of the Editorial Council of Entrepreneurship Theory and Practice and of the Journal of Business Venturing.

member of the Editorial Advisory Board of ARLA, a leading Latin American business journal.

Reaching society

EGARAGE

233

7,800

ACTIVITIES IN 200 TEACHING DAYS

PEOPLE

ESADE BAN INVESTMENT FORUMS

(Bussines Angles Network)

3.2 M€ 268

OF FONDING FOR START-UPS

BUSINESS ANGELS MEMBERS OF ESADE BAN

420

ENTERPRENEURS WHO HAVE OBTAINED FUNDING

PROJECTS DEALT WITH THE NETWORK

Business creation

EWORKS 15 MEETUPS HELD

ESPACE: 16 DESKS

9 PROJECTS FOR THE ACCELERATOR 4 IDEAS FOR THE PRE-ACCELERATOR

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

2. Activities in the 2015-16 academic year â&#x2013;

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

OUR FOUR PILLARS

1| KNOWLEDGE-CREATION

2| ACTION-ORIENTED TRAINING

We conduct research in various fields of entrepreneurship and family business. The areas covered include: functional areas; entrepreneurs; internationalisation; entrepreneurship training; creativity and innovation. Our research lines are dynamic and ever-changing and aim to answer the big questions found at entrepreneurship’s cutting edge.

Our training programmes are based on and fuelled by knowledgecreation. This training is broadly-based and seeks to: (1) identify new business opportunities; (2) develop the skills needed to launch new lines of business lines in new firms/family enterprises; (3) foster social entrepreneurship; (4) drive creativity in companies; (5) facilitate funding for entrepreneurial projects.

3| PRESENCE IN SOCIAL DEBATE

4| BUSINESS CREATION

We disseminate knowledge and know-how to companies and wider society by organising public events for stakeholders in the entrepreneurship field. We also hold conferences and spread knowledge through the media and publications.

We manage and provide a series of activities to foster and support venture creation by ESADE students. We focus on the hands-on venture creation process, with a particular interest for high growth international companies.

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

2.1. Training IN THIS SECTION, WE DESCRIBE THE MAIN TRAINING ACTIVITIES RELATED TO ENTREPRENEURSHIP. THERE ARE FOUR PARTS:

2.1.1. DEGREE PROGRAMMES Including undergraduate, Masters of Science, and MBA

2.1.2. EXECUTIVE EDUCATION Open programmes

2.1.3. CUSTOMISED PROGRAMMES including courses developed for specific organisations

2.1.4. TUTORS

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

2.1.1. DEGREE PROGRAMMES UNDERGRADUATE

55 BUSINESS PLAN AS FINAL DEGREE WORK

BBA: BACHELOR IN BUSINESS ADMINISTRATION

The entrepreneurial process of new venture creation: This course is about the practice of entrepreneurship, with an emphasis on new venture creation. The focus is on key aspects of the entrepreneurial process: how entrepreneurs discover and evaluate opportunities, develop and validate business models, assess the feasibility of their plans, attract external resources and investors, obtain financing, and communicate their ideas to external stakeholders.

SUMMER SCHOOL

In connection with ESADE’s annual International Summer School, we participate in:

ESADE Entrepreneurship Summer Programme

International Summer Programme on Entrepreneurship

• From 6 June to 7 July 2016.

• From 6 June to 1 July 2016 and from 4 July to 29 July 2016.

• Led by Professor María José Parada.

• 49 graduate students from 36 universities: Aarhus University, Al Yamamah University, BI Norwegian Business School, Catholic University of Leuven, Cedarville University, Copenhagen Business School, Delft University of Technology, EDHEC Business School, Esei Business School Of Barcelona, Esslingen University of Applied Sciences, Fachhochschule des Mittelstands (FHM)/ University of Applied Science, Fontys University of Applied Sciences Eindhoven, Imperial College London, Instituto Superior Técnico, Koc University, KU Leuven, Luiss Guido Carli, Pontificia Universidade Católica do Rio de Janeiro, Regent’s University of London, Saint Petersburg State University, The Chinese University of Hong Kong, The University of Oslo, Universidad de Los Andes, Universidad de Navarra, Universidad Iberoamericana, Universitat Politècnica de Valencia, Universidade Federal do Rio de Janeiro (UFRJ), Universitat Politècnica de Catalunya (UPC), Universitat Ramon Llull, University of Antwerp, University of Delhi, University of Ghana, University of Hartford, University of Sheffield, University of Silesia, and University of St. Gallen (HSG).

• Aimed at Georgetown University (USA) business degree students and Foreign Service students. • Examines aspects of entrepreneurship and marketing.

• Focused on Global Entrepreneurship and Social Entrepreneurship

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

MIE (MSc IN INNOVATION AND ENTREPRENEURSHIP) MSc in Innovation and Entrepreneurship (MIE): the 5th MIE began in September 2016, directed by Professor Jan Brinckmann. The programme is designed to help students prosper in the spheres of creating business opportunity and corporate innovation management. They acquire the tools and skills necessary for the development of ideas, and a ‘can do’ entrepreneurial attitude. Students learn the core essentials of entrepreneurial management and explore the areas of opportunity evaluation and conceptual business models. The Internship Innovation Project (I2P) course, launched in the 2013-14 academic year, lets students tackle a company challenge. The groups are mixed with MIND-course students at Finland’s Aalto University. This course includes a visit by ESADE students to Aalto University, and a reciprocal visit by Aalto students to ESADE-Sant Cugat. The following companies or institutions took part in the course project: Abbvie; Batec Mobility; Forum ITESSS; Suez; Nokia; The Finnish Association of People with Physical Disabilities; and Lassila & Tikanoja.

Profile of students taking this course ■

PARTICIPANTS

AVERAGE AGE

640 AVERAGE GMAT

1.3 YEARS AVERAGE WORK EXPERIENCE

90% INTERNATIONAL STUDENTS

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Study trips:

BOGOTA (COLOMBIA) 24-29 of January 2016 Hosted by Universidad de los Andes School of Management Students visited startups and investors: Polymat, Invest Bogotá, Procolombia, Raom Capital, Uniandinos, Gaira Café, Wayra, Colcafé and Chamber of Commerce.

HELSINKI (FINLAND) 14-18 of March 2016 The subject covered was an Internship Innovation Project (I2P) and students from Aalto University also attended.

L0NDON (UK) 22 to 24 June 2016 Students visited the startups and investors: Seedcamp, Passion capital, 23Snaps/Stylck, Cubit. com, Smarkets, Startcount.com and Iwoca Ltd.

FEMALE

% MALE

BERLIN (GERMANY) 29 June to 3 July 2016 Students visited the startups and investors: Juniqe, XL Health, Earlybird Venture Capital, Rheingau Founders, Savedo / FinLeap, Point 9 Capital, Marley Spoon, Rebate Networks / Redstone Digital, MD Paul Philipp Hermann / Lamudi GmbH & visited CEO Alex Kudlich Rocket Internet and Silicon Drinkabout Entrepreneurship Social.

NATIONALITIES

Argentina Belgium Bolivia Bulgaria Canada China Denmark France Germany Hungary India

Italy Morocco Netherlands Poland Portugal Russia Spain Switzerland Thailand Ukraine United Kingdom

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

MBA ENTREPRENEURSHIP LAB The ESADE Entrepreneurship Lab (E-Lab), led by Professor Jan Brinckmann, provides hands-on experiences that are relevant for MBA students aiming at either their own start-ups and being entrepreneurs within existing organisations. The ESADE E-Lab is dedicated to empowering entrepreneurs. Students acquire detailed insights about how high-tech companies work and how they get started, recruitment contacts, networking, and a Berlin experience. The E-Lab offers:

In-depth business model analysis of high growth start-ups and venture capital firms, both beforehand in class and at the company

Range of electives

Regular accelerator meetings throughout the year to discuss and develop ideas and meet high-profile entrepreneurs

Maximum access to the EGarage for all the activities provided by the ESADE Entrepreneurship Institute

An international study tour including an Evening Open Meetup of the Entrepreneurial Scene in Berlin (Germany)

New Course: CHALLENGE-BASED INNOVATION (CBI) In collaboration with the European Organization for Nuclear Research (CERN), ESADE Business School (ESADE), the European Design Institute (IED), the Universitat PolitĂ¨cnica de CatalunyaÂˇBarcelonaTech (UPC) and other leading European universities have developed the Challenge-Based Innovation (CBI) multi-disciplinary project. The EEI faculty member leading this initiative at ESADE is Professor Lotta Hassi. Teams of ESADE MBA students take part in a six-month project to tackle real-life innovation challenges posed by CERN. The aim is to harness the cutting-edge technologies developed by CERN to solve people-centred problems. Students work as part of a multi-disciplinary team that combines management, design, and technological know-how to turn the latest scientific discoveries into products and services that will help us in our daily lives.

Study trips:

BERLIN (GERMANY) 12 to 15 June 2016 Students visited the startups and investors: Earlybird Venture Capital, Rheingau Ventures, Homebell, Point 9 Capital, Rocket Internet, Lesara, MoBerries/Michi Brehm, Hello Fresh and the AxelSpringer Accelerator.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

MSci EIT EUROPEAN INSTITUTE OF INNOVATION AND TECHNOLOGY (EIT) PROGRAMMES: As part of the Masters of Science and PhD European Institute of Innovation and Technology (EIT) programmes, ESADE teaches entrepreneurship modules for all partnering universities in the KIC InnoEnergy consortium, whose members include: ESADE; AGH University of Science and Technology (Poland); UPC (Spain); Eindhoven University of Technology (Netherlands); HECTOR School of Engineering and Management (Germany); Karlsruhe Institute of Technology (Germany); KTH Royal Institute of Technology (Sweden) and Uppsala University (Sweden ). In this academic year, we drew up the following programmes that were specially tailored to KIC InnoEnergy’s needs:

INTRODUCTORY CRASH COURSE ENTREPRENEURSHIP (ICCE-SELECT): 1 February to 5 February 2016: 30 MSc students

MANAGING INNOVATION & ENTREPRENEURSHIP (PHD): 6 June to 17 June 2016: 29 PhD students

MANAGEMENT AND ENTREPRENEURSHIP (RENE): 2 February to 12 February and 4 July to 22 July 2016: 39 MSc students

BME SUMMER SCHOOL (SENSE): 6 June to 17 June 2016: 29 PhD - 27 June to 22 July 2016: 23 MSc students

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

2.1.2. EXECUTIVE EDUCATION PROGRAMME FOR OWNER - DIRECTORS This programme was held from March to June 2016 and was aimed at the following four groups:

- Founders (entrepreneurs) wishing to make their companies grow; - Managing directors who run a family business – regardless of whether they happen to own the firm; - Partner-shareholders who need training to carry out governance functions (on a board of directors and/or family council); - Successors with management responsibility within a family business.

ACADEMY BUSINESS ANGELS The School for Private Investors / Business Angels and Family Offices is aimed at entrepreneurs, active or retired business executives, representatives of family offices, and others with financial ability and interest in contributing to the launch, development and/or consolidation of companies with growth potential. Barcelona, 21 and 22 October 2015; and Madrid, 16 and 17 February 2016.

OBJECTIVES: · Provide intensive and comprehensive training compressed to minimise time investment · Immersion in the world of business angels, an extensive tour from theory to practice · Develop key skills and knowledge for future professional expertise · Improve the activity and extension through networking On the second day, there was an ESADE BAN Investment Forum with the presentation of projects.

WEBINAR: DESIGN THINKING FOR BUSINESS INNOVATION On 14 December 2015. Introducing a new way to solve the most complex issues: Design Thinking. This is a human-centred approach to innovation that applies tools from the design disciplines. The aim is to create meaningful solutions by integrating the needs of people, the possibilities of technology, and the requirements for business success. In this Design Thinking Webinar participants heard how Design Thinking is used to create unique user experiences. Lotta Hassi, Professor of the EEI, and Guido Charosky, shared business innovation examples from both small and medium enterprises, as well as major multinational corporations.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

2.1.3. CUSTOMISED PROGRAMMES ENTREPRENEURSHIP CLASS: LEARNING AND DOING The 2015 programme was held in Barcelona from 30 May to 18 November 2015. It provided training and mentoring for university-trained entrepreneurs with disabilities who wish to start a business, or boost entrepreneurial activity in a recent start-up. The programme is an initiative of the Fundación Prevent, a non-profit organisation with wide experience and expertise in the field of social inclusion and employment of those with disabilities. The foundation collaborates closely with the EEI and receives sponsorship from major companies and works with them in their respective industries. Access to the programme is free, in keeping with the foundation’s mission to help those with disabilities. The results of this first programme were presented on the 30 November in front of a jury of tutors, mentors, and faculty. Eighteen projects were presented. The third programme began in Barcelona on the 30 May 2016 with a master class given by José Mariano López Urdiales, founder of zero2infinity; a roundtable with entrepreneurs from the first and second programmes; and a special class with Professor Salva López: ‘Entrepreneurship key to rock’ (an inspirational conference). The event was closed by Pere Condom, Director of the ‘Catalunya emprèn’ programme of the Government of Catalonia. The first programme at ESADE Madrid began on the 28 September 2015. The master class was given by Sonia Castañeda, Director of Fundación Biodiversidad, with a roundtable of entrepreneurs from the first and second programmes in Barcelona. The event was closed by Américo Puente, Director General of the Public Employment Service of the Madrid Regional Government.

EXECUTIVE GROWTH PROGRAMME COMPETITION EMPRENDEDOR XXI (‘La Caixa’) The Executive Growth Programme forms part of the ‘EMPRENDEDOR XXI’ academic award programme. It is a specialised intensive course lasting one week and is jointly run by ESADE and IESE. It is exclusive to selected companies and includes training and support activities, as well as events to forge business contacts with leading investors and entrepreneurs. The final session takes place with investors. ESADE taught the following modules: Growth strategies; Internationalisation 1; Internationalisation 2; Management of high-flying teams; Marketing for entrepreneurs; Financial plan and evaluation of start-ups.

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

MOMENTUM PROJECT ESADE and BBVA are the driving forces behind the Momentum Project (with participation from PWC). The project’s main aim is to spur social entrepreneurship in business schools in Spain, Portugal, Peru, and Mexico, by creating a support ‘eco-system’ for the most promising social enterprises, and enabling these to consolidate and make a greater impact on society. The project is led by Professor Alfred Vernis and managed by Laura Guindeo. Those taking part in the project include EEI professors Luisa Alemany and Marcel Planellas, and mentors Carles Florensa and Francesc Saldaña. Social Investment Day marks the end of the project. On the 6 October 2015, the development plans for the ten social enterprises were presented at the event’s fourth annual presentation. Social Investment Day is held on BBVA’s La Moraleja campus. The day also featured the presentation of the winning team of the Jóvenes Emprendedores Sociales programme, sponsored by the BBVA; the conference ‘Employment and Social Innovation Programme’ led by Simone Uccheddu, investment manager at the European Investment Fund; and the closing speech and diploma awards, which was conducted by Cristina de Farias, Director of BBVA Spain and Portugal. Under the project, a training programme was drawn up to enable participants to: (1) consolidate and boost the growth of social entrepreneurship in institutions; (2) strengthen skills and exploit key success factors; (3) spur creativity and innovation by focusing on users; (4) cover advanced finances; (5) exploit social networks and social media; (6) discuss social projects; (7) measure the social impact and challenges of growth in social enterprises.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

2.1.4. TUTORS

In most cases, courses on entrepreneurship and business creation require students to prepare and present a business plan. EEI has over 90 tutors to mentor these projects. The tutors are experts in various fields, functions, and professional sectors. Members of the tutoring team: Aguilar, Javier

Garcia Corominas, Joan Marc

Picas Alsina, Jordi

Alfonso Oliveró, Juan Mª

Garriga Fortuño, Xavier

Pla, Jordi

Alonso Moreno, Daniel

Gómara Martinez, Carles

Poza Frenesillo, Miguel

Auroux Poblador, Xavier

Gómez Porcel, Inés

Ramos, José Carlos

Barba Boada, Rafael

Grañó Calvete, Marta

Rayo López, Carme

Bernal, Enric

Guardiet, Ton

Riera Calvo, Joan

Blasco Viu, Oriol

Guasch i Lopez, Jordi

Roca, Francesc

Blasco, Jorge

Hageney, Boris

Sala, Josep

Bofill, Joan

Hernández Bardají, Carlos

Saldaña Buesa, Francesc

Bonastre Verdaguer, Ricard

Herreiz, Enrique

Salvatella Beas, Josep

Caballero Ballesteros, José Manuel

Huarte-Mendicoa, Eneko

Sánchez Granados, Anna M.

Caldentey Marí, Neli

Ibáñez Borau, José Miguel

Sanchez Jimenez, Xavier

Carvajal i Codina, Josep

Jo Figueras, Andreu

Saura Montiel, Mercè

Castellón, Albert

Lamolla Kristiansen, Laura

Suñol del Rio, Eric

Codina Serracanta, Sebastià

Llaquet, Yago

Torras Ramillo, Verónica

Comas Illas, Pere

Llordachs Marques, Frederic

Torregrosa Cardeñes, Josep-Miquel

Costa, Cristina

Loewe Pujol-Xicoy, Nicolás

Trilla, Sergi

Cuatrecasas jurado, Carlos

Lopez-Balcells Gallardo, Alberto

Trivière-Casanovas, Sebastián

Cucurull Llobet, Bartomeu

Lorente Pijem, Dídac

Valdivielso, Ivó

Farrés, Daniel

MacLaren, Blair

Valencia Guzmán, Tomás

Daunert Amarillas, Carol

Marcos, Roger

Valencia, Maika

de la Maza, Mª José

Martija Ortiz, Marc

Vallejo, Fernando

Doherty, James

Masó Mas, David

Vandeviviere, Benoit

Dumanoir, Caroline

Moll, Isa

Vega, Pablo

Duran Calvo, Antonio

Mora Argilés, Sergi

Vidal, Lluis

Faus Santasusana, Ramon

Morera Asiain, Ramon

Vila Giner, Albert

Feriche Bartra, Emma

Navarro Aragay, Robert

Vilalta Novell, Laura

Fernández Bove, Jordi

Obiols i Farré, Xavier

Virgili, Pau

Florensa Torne, Carles

Ojuel, Javier

Zurita Badosa, Raül

Franquesa Giner, Carles

Oliveras Sanchez, Carlos

Gallardo Albajar, Ignacio

Orrit Clotet, Joan

Garcia Almeda, Rafael

Pérez, Oscar

OVER TUTORS

THANK YOU

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

TUTOR TRAINING The EEI organised five meetings for tutors to receive training about skills for business plan tutoring during the academic year:

- 19 September 2015: Presentation of the ESADE Entrepreneurship Academic Organisation by Luisa Alemany, director of the ESADE Entrepreneurship Institute; and Esteve Mogas, lecturer at the Department of Strategy and General Management at ESADE.

- 26 November 2015: ‘ESADE BAN Financing’ by Marta Campillo, manager of ESADE BAN, and ‘What EWorks is’ by Davide Rovera, manager of EWorks.

- 9 March 2016: ‘Idea Validation/pivoting’ by Jan Brickmann, associate professor at the ESADE Department of Strategy and General Management.

- 20 April 2016: ‘Valuation of Start-ups: The VC Method’ by Mª Teresa Corrales, academic collaborator of the ESADE Department of Economics, Finance and Accounting.

- 1 June 2016: ‘User Research in Design Thinking’ by Lotta Hassi, lecturer at the ESADE Department of Operations Management and Innovation.

During the 2015-16 academic year, 108 BBA and MSc projects were tutored. BUSINESS PLAN Final projects

55 PROJECTS 53 PROJECTS BBA

MSc

Bachelor of Business Administration

Programmes in Management

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

2.2. Research 2.2.1. PUBLICATIONS AND ACADEMIC CONFERENCES The results of EEI research are reflected in its publications and attendance at conferences and academic congresses (see the Research Report).

Presence on review boards of leading journals:

Presence on relevant boards:

Professor Jan Brinckmann sits on the Editorial Advisory Board of Entrepreneurship Theory and Practice and the Journal of Business Venturing.

Professor Lisa Hehenberger is:

Professor Marcel Planellas is a member of the Editorial Advisory Board of ARLA, a leading Latin American business journal published by Emerald (CLADEA international academic journal).

• Member of the European Commission’s Expert Group on Social Business (GECES), rapporteur on the Sub-group on Impact Measurement, and rapporteur on the Working Group on Access to Finance. • Member of OECD’s expert group on Social Impact Investment. • Member of the Scientific Board of SDA Bocconi School of Management’s Impact Investing Lab.

Babson Conference Profesor Jan Brinckmann

• Project advisor to the EU-funded project SEFORIS (Social entrepreneurship for innovative and inclusive societies). • Advisor to the EU-funded project ITSSOIN (Impact of the Third Sector as Social Innovation) that focuses on social innovation as a core impact of the third sector.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

2.2.2. 2nd ESADE ENTREPRENEURSHIP RESEARCH SUMMIT The 2nd ESADE Entrepreneurship Research Summit brought together 17 researchers from around the world who met on 5 and 6 June 2016. Jonathan Wareham, Dean of Faculty and Research at ESADE, opened the event.

RESEARCHERS: Luisa Alemany

ESADE

Ted Baker

North Carolina State University, USA

Ana Bojica

Universidad de Granada, Spain

Jan Brinckmann

ESADE

Eleu Ellinger

ESADE

Lisa Hehenberger

ESADE

Keith Hmieleski

Texas Christian University, USA

Heidi Kruger

ESADE

Barbara Larrañeta

Universidad Pablo Olavide, Spain

Lucia Naldi

Jönköping University, Sweden

María José Parada

ESADE

Ana Pérez

Universidad Pablo Olavide, Spain

Erin Powell

Clemson University, USA

Dimo Ringov

ESADE

Jana Thiel

Maastrich University, Netherlands

Jaume Villanueva

ESADE

Johan Wiklund

Syracuse University, USA

THE SUMMIT FOCUSED ON TWO KEY TOPICS:

Relevance & impact of entrepreneurship research

Rigour: theory or data

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

2.2.3. RESEARCH PROJECTS

FACE ENTREPRENEURSHIP DELPHI STUDY

SUCCESS FACTORS FOR NEW ENTREPRENEURS

STEP PROJECT FOR FAMILY ENTREPRENEURSHIP

Professor Jan Brinkmann sits on the Advisory Board of the European Commission’s FACE Entrepreneurship (Failure, Aversion, Change in Europe) project and is author of the FACE Entrepreneurship Delphi Study. The Failure Aversion Change in Europe (FACE) project is a project of the European Union and runs a communication campaign to boost ICT entrepreneurship in Europe by fighting against the fear of failure (by using a gamified process). FACE Entrepreneurship is aimed at young prospective European IT entrepreneurs, with the aim at helping them to choose a path to follow while facing the psychological and cultural barriers related to the fear of failure. It promotes the skills aspiring entrepreneurs need to materialise ideas in projects while fostering relations between the various parts involved in the project.

EEI’s Professor Jan Brinckmann and Professor Dietmar Grichnik at the University of St Gallen in Switzerland continue to expand their research on the long-term success factors for emerging companies. The results of their research were published in the Journal of Business Venturing, a leading publication in the field.

Led by Professor Alberto Gimeno and with the collaboration of Professor María José Parada. Promoted in 2005 by Babson College (USA) and developed with six European business schools: ESADE; HEC (France); Jönköping International Business School (Sweden); Università Bocconi (Italy); Universität St. Gallen (Switzerland); and University Witten/Herdecke (Germany). The aim of this long-term study is to investigate entrepreneurship in different generations of family firms: their ability to grow and generate social and economic value and perpetuate their entrepreneurial legacy. The STEP Academic Meeting took place on the 17 and 28 of May 2016 in Lyon (France). Professor Alberto Gimeno and Professor Maria José Parada participated.

IMPACTBASE SNAPSHOT: AN ANALYSIS OF 300+ IMPACT INVESTING FUNDS

PITCHING AND COMMUNICATION STRATEGIES FOR ENTREPRENEURS

ENTREPRENEURIAL ORIENTATION IN SOCIAL INVESTING

EEI professor Jaume Villanueva and Professor Harry Sapienza of the University of Minnesota have continued to develop their research on the effects of storytelling and pitching strategies on evaluations made by potential investors.

Professor Luisa Alemany and academic associate Mariarosa Scarlata drew up a project on entrepreneurial orientation in social investment, and the influence of founders and board members on staff diversity.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

2.2.4. CASE LIBRARY During this academic year, researcher Lourdes Urriolagoitia, together with EEI faculty, wrote and published:

BIOCENTURY (A), (B), (C) AND EPILOGUE Professor Jordi Vinaixa This case series shows how a new entrepreneurship process/concept has changed the approach to setting up new businesses and customer development. It is the process whereby an entrepreneur builds a new company, makes it grow, and then consolidates to ensure long-term growth. Case discussion helps students understand the entrepreneur’s decisions and the steps taken to make the new venture work.

PRIVALIA Professor Marcel Planellas Pending entry to the CLADEA-BALAS collection and publication by Harvard Business School Publishing. Available in English and Spanish with the corresponding teaching notes. Privalia was created in 2006 as a private club offering flash internet sales to its members. The products offered are clothing and accessories, with discounts of up to 70%. Privalia grew quickly after its launch. Within three years, it was profitable in Spain and expanded its operations to Italy, Brazil and Mexico. By 2010, it had become the market leader in all the countries it operated in. However, competition also grew quickly. The company’s experience over the years told management that speed and market size were the key to success in the fast-moving internet fashion sales business. Students explore the various growth strategies for a company eager to maintain growth and market leadership in a new sector in the face of stiffening competition.

SCYTL Professor Eugenia Bieto and Professor Luisa Alemany This case has been selected by The Case Center to appear in the next edition of the Case Folio - The IUP Journal of Management Case Studies and is due for publication in December 2016. Scytl was founded in 2001 as a spin-off from a research group at the Autonomous University of Barcelona (UAB). Its field of expertise was secure electronic voting. The founders would never have believed that within 13 years the firm would become the world leader in electronic voting systems. The firm’s products are based on the latest technology and is protected by international patents. In 2014, Pere Vallès, Scytl’s CEO and the person behind its international expansion, announced that the company would go public on the NASDAQ in 2016. The case illustrates: (1) the evolutionary process from start-up to becoming an international market leader; (2) the complexities and challenges of making a successful IPO.

Pere Vallès CEO of Scytl

CASES PUBLISHED IN THE CASE CENTER OR THE HARVARD BUSINESS

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

To be published soon:

CASES PROCESS PUBLICATION

ROBA AMIGA Professor Alfred Vernis Roba Amiga is a leading social enterprise in Catalonia in the treatment of textile waste. Its main aim is to create jobs for people who would otherwise find it hard to join the labour market. It industrially processes and resells used clothing. In 2014, Roba Amiga was operating a plant with the most advanced technology in southern Europe. It processed over 3000 tons of used clothes, which were then sold in Europe, Africa, Asia and South America. The firm employs 55 people. Its target for 2017 is 17,000 tons a year, which will enable it to employ 150 people.

EL BULLI FOUNDATION Professor Marcel Planellas This was a ‘live’ case, tracking events in 2014-2015. It involved interviews with Ferran Adrià (the driving force behind the foundation) and a thorough review of the documentation. Given that the foundation is still a work in progress, a suitable cut-off point for the case will be decided later. The case covers a serial entrepreneur (Ferran Adrià) and open innovation. Once Ferran Adrià’s El Bulli restaurant had closed, he decided to transform it into a foundation whose mission is to foster creativity in the world of gastronomy.

Written cases and teaching note:

FLUENT SYSTEMS (A) (B) Professor Jaume Villanueva Case (A) describes how a business plan was drawn up around a prototype electronic system to remotely monitor fertiliser application. Sorenson and Villanueva founded a company to develop the prototype – but sales growth proved disappointing. Case (B) describes what happened after the company launch, why the product failed to sell, and Sorenson and Villanueva’s decision to sell the firm. The case teaches the concepts and tools of lean start-up and how using these tools might have saved the company.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

2.3. Reaching society

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

INSPIRING - EGARAGE During its four years of operation, EGarage has made a name for itself fostering entrepreneurship through its activities and helping enterprising students. All activities are led by Professor Luisa Alemany and managed by Mercè Saura.

ACTIVITIES

GaragePill Short sessions focusing on subjects of interest to students, imparted by EEI faculty and associates. Raising money for your startup: BA and VC Professor Luisa Alemany 15 February 2016

Some key facts ■

7,800 PEOPLE

Entrepreneurial strategies for resource acquisition Professor Jaume Villanueva 4 April 2016

233

ACTIVITIES IN 200 TEACHING DAYS We should like to thank the following companies for sponsoring our activities:

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

GarageWorkshop

Start-up Forum

Highly dynamic and practical workshops on various topics of interest to entrepreneurs.

Organised by ESADE Careers and with the support of the EEI and E3 Initiative.

Make a website in 30 minutes 30 November 2015 24 February 2016 4 April 2016 By Benjamin Issenmann, BBA student This workshop taught the fundamentals of making a web, what is web hacking, and introduced the Python programming language.

ESADE High Growth Startup Career Event 19 February 2016 A recruiting networking event to offer internships and full-time opportunities to our truly international students: MBA students (senior candidates) and BBA & MSc students (junior candidates) in start-ups.

Learn how to create your MVP with Ironhack 2 December 2015 One of the great challenges that many entrepreneurs face is bringing their business ideas to market. This workshop to explains the fundamental concepts to prototype ideas and the products needed to create digital technologies.

GarageLunch Dialogues with entrepreneurs, innovators, and others with interesting experiences, accompanied by pizza and salad lunches. Join us for an opportunity to talk, ask questions, and discuss entrepreneurship in a very small group. Diego Arroyo (BBA 14), COO of Glovo 31 March 2016 Through the Glovo app, the web, or even WhatsApp, you can ask for whatever you want in your city and receive it within minutes. The platform connects you with a community of Glovers (independent messengers that go by motorcycle or bike) who will collect, send, and even buy what you want in exchange for a flat fee of €5.50 plus the price of the product. The idea was born when Oscar Pierre, its founder, was studying in the United States.

Workshop team building with Professor Pedro Parada 20 January 2016 Professor Pedro Parada organised this activity for E3 (ESDAE Entrepreneurial Club), where they enhance social relations and define roles within teams using collaborative tasks.

GarageTalk Meetings and conferences with entrepreneurs.

Julián Vinué, Director of Wayra Barcelona

27 April 2016

Talk with Ricard Sanromà, Director of TSI-turisme Organised by the MBA Hospitality Club 12 November 2015

Wayra is the Digital Startup Accelerator managed by Telefónica and helps the best entrepreneurs grow and become successful businesses. The acceleration programme will give up to $50,000 in funding, work space, mentors, business partners, access to a global network of talent, and an opportunity to reach millions of Telefónica customers.

Talk with Jenia Popova, Co-founder of Ship2Shop 3 December 2015 Some 40 million deliveries failed in Spain last year. Ship2Shop is tackling the problem by offering online-shoppers a network of convenient pick-up locations from local stores and kiosks.

Start-up Turbo From the 8 to the 10 March 2016 Meet the VC’s These events offer the opportunity to meet venture capitalists, business angels, and private equity investors. Participants learn what they do and what kind of investments they look for. Conversation with Frank Kenny, Founder of Delta Partners, and Luisa Alemany, Director of the EEI 12 April2016 Frank Kenny founded Delta Partners. Frank currently serves on several private boards, including Advanced Surgical Concepts, Qumas, and Neoss, and is on the board of publicly quoted AGI Therapeutics plc.

E3 students held the third Start-up Turbo over a weekend. The task was to develop a business idea. The activity had two parts: a brainstorming session and an event weekend. The groups taking part were drawn from management, design, and technology universities. The jury included Pere Rosales, INUSUAL; Jose Antonio Bueno, Minsait by Indra; Pau Molinas, Exipple Studio; Marta Campillo, ESADE BAN; Davide Rovera, ESADE; and Eva Vidal, UPC. The winning team (Cultiboos) was rewarded with a room scape experience, courtesy of Enigma.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Start-up Wednesdays

TEDxESADE

Promoted by EEI and held by the E3 Student Entrepreneurs Club. This regular event also features entrepreneurs from ESADECREAPOLIS and leading business figures. It is great opportunity to meet other entrepreneurs, pool knowledge, and network on the ESADE campus. A guest entrepreneur is invited to every meeting to talk about his or her experience.

The sixth TEDxESADE was held on 5 May 2016. Participants included MIE and BBA students from E3. The conference theme was: ‘Back to the future’: we, life-long learners, are in constant danger of getting lost in paths that lead nowhere if we ignore a broad consciousness about our past. That is the reason why we cannot understand the moving sands that are our future without a perspective on what we have done before.

Dani Roger (BBA 17), Ambassador of Cofoundme 10 February 2016 Cofoundme is a network for finding your ideal founding team, or joining a start-up, and much more. Because entrepreneurship is all about action.

Speakers: Lluís Soldevila, professor at ESADE in IT, deﬁnes himself as a human accelerator and Sherpa. He encouraged assistants to face personal and organisational change differently, as he suggests, by ‘biting the ice’.

Pablo Linz, Founder of Immfly 25 November 2015 Immfly is an multimedia application and entertainment service that passengers access via on-board Wi-Fi on their own electronic devices during a flight.

Pere Rosales, founder and CEO of INUSUAL. He empowers people and organisations leading innovation.

Marc Rovira (MIE 14), Business Developer of Bloostar 18 November 2015 Bloostar is a small satellite rocket launcher. Beginning as a space tourism company, both investors and team members pivoted to rockets at the beginning of 2015: the Lean Startup method.

Ángel Bonet, partner at MINSAIT by Indra, expert and consultant for Growth Strategy, Marketing and Sales, shared his view on the future of customers and technological impact.

Moritz Engler (MIE 15) Co-founder & director of QBXNet 21 October 2015 Through a diverse network of entrepreneurs and globally dispersed software and hardware R&D hubs, QBXNet builds a platform that radically reduces the cost and time of trying out new business ideas. QBXnet builds software ideas for entrepreneurs at a fraction of the cost.

Sor Lucía Caram, Dominican contemplative nun, Catalan of the Year 2014, and much more, spoke on the relationship and frictions between individuals and social groups.

Miquel Pérez-Sánchez, acclaimed for reconstructing the original form of the Great Pyramid of Cheops, introduced us to the transmission of wisdom across civilizations. Pau Garcia-Milà, serial entrepreneur, ‘Innovator of The Year’ (2011) from MIT’s TR-35 Spain, founder of eyeOS and IdeaFoster, tackled the future of innovation. Luigi Matrone, founder and CEO of the E-Business Institute, advisor to top Fortune 500 companies in business and operations, explained his vision on the future of work. Sira Abenoza, director at the Center for Research and Application of Social Solutions, professor at ESADE, broadened the views through ‘Socratic dialogue’. José Mariano López-Urdiales, founder and CEO of zero2inﬁnity, a company that explores opportunities in the aerospace industry, shared his insights on the future of space travel.

HULT Prize ESADE final The 2016 Hult Prize challenge was CROWDED URBAN SPACES. On 3 December 2015, five teams participated in the Hult Prize at ESADE and presented their solutions to a panel of five judges who determined the quarterfinals winning team. Professor Jan Brickmann of the ESADE Entrepreneurship Institute, and Professor Luisa Alemany, director of the ESADE Entrepreneurship Institute, were jury members. ‘Tinkly Task’ won the Hult Prize at ESADE Challenge (MBA student team of Betsy Espinoza, Monica Furuya, Serik Sharipov and Lauren Gene). This team represented ESADE at the Hult Prize Regional Finals on 12 March 2016 in Boston, San Francisco, London, Dubai and Shanghai.

Eduard Vallory, social analyst, former director of the Barcelona Graduate School of Economics, discussed our future perspectives on innovative education. Avani Parekh, social entrepreneur, co-founder of Snap Counsellors, a digital tool to help women suffering from relationship abuse, increased understanding on this issue in the digital age. Salvador López, academic collaborator at ESADE, marketer and author of the book ‘ROCKvolución Empresarial’, discussed the impact of music on society.

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

OTHER ACTIVITIES

CERN initiative start week 7 to 10 September 2015 ESADE Business and Law School, IED [Barcelona Design School] and ETSETB [Barcelona Telecommunications Engineering School] (UPC) took part in the CBI (Challenge Based Innovation), an international project involving collaboration with CERN (European Organisation for Nuclear Research).

International Women’s Day Organised by MBA Women in Business 8 March 2016 Coffee & breakfast discussion with Gloria Batllori and Franziska Ewald about insights they have gained from the ESADE MBA and their personal lives. MBA Entrepreneurship Club meetup 9 November 2015

The RWC with the ESADE Rugby Lions! 18 October 2015, 31 October 2015 Welcome week MIE students 22 September 2015 Innovation Quest 2015 14 and 16 November 2015

CEMS Global Sustainability Week 20 to 23 October 2015 The overall topic of the GSW was ‘The Syrian Refugee Situation & other Socio-Economic Challenges in the 21st Century’. Events: · Roundtable on the topic: ‘Global Refugee Situation: Background, Present Status & How Can We Help’ · FUNraising Movie & Food ESADE Rugby Lions meetup 8 November 2015, 3 December 2015, 9 February 2016 CEMS conversations: Christianism, Islam & Open Society 23 February 2016 Emerging services in mobile ecosystem. Disruptive technologies & hi-tech startups 23 February 2016 Organised by the EQUIP (ESADE Quick Immersion Platform)-Mobile Industry in the framework of the Mobile World Congress ESADE Rugby Lions with Sant Joan de Déu 25 February 2016 BRAGI Recruitment Day 26 February 2016 Organised by the E3 association and the ESADE Career Service.

MBA Innovation Lab Kick-off 29 February 2016

ESADE supports ‘La Marató de TV3’ 24 November 2015 ESADE staff and faculty organised various activities to help ‘La Marató de TV3’, this year’s focus was diabetes and obesity research.

Open day Bachelor in Business Administration (BBA) 28 November 2015, 6 February 2016 Fifth AliaRS-E Network Forum 3 December 2015 Since April 2013, an informal network of ESADE faculty and staff members has been working to foster social responsibility, protect the environment, and increase the sustainability of our institution. Anyone willing and interested is welcome to join this network. ESADE Consulting Academy 1 April 2016, 15 April 2016, 22 April 2016, 29 April 2016, 6 May 2016 Organised by eJoventut The programme challenged BBA and MSc students to achieve excellence in consulting.

Solidarity Day 16 April 2016 Solidarity Day is an all-day event dedicated to sharing, reflecting, discovering, exploring, and understanding the ways in which small actions can help to improve the world we live in. This initiative arose from the idea of creating a gathering space for the members of our community: faculty, staff, students and alumni. Campus party 16 April 2016

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Sant Jordi’s Day 22 April 2016 Our faculty presented their books: · Josep Maria Álvarez de Lara, ‘Barcelona, ciutat de l’amistat’ · Josep F. Mària, ‘Cap al cor del món’ · María José Parada, ‘Developing next generation leaders for transgenerational entrepreneurial family enterprises’ · Artur Tamarit, ‘El alma de Uyuni’ · Alex Fernández de Castro ‘La Masia, Un Miró para Mrs. Hemingway’ · Simon Dolan, ‘Liderazgo, dirección y coaching por valores. Los 10 mandamientos para gestionar personas del siglo XXI’ · Salvador López, ‘Concert rodó’ · ESADE Musicians presentation · DAC magazine presentation MIE students Xmas party 11 December 2015

Kick-off MBA Marketing Club 14 January 2016 Hackathon: The ECIM App Challenge Competition 23 January 2016 The ECIM App Challenge Competition is co-founded by the European Commission, and aims to foster the use of the ECIM platform, offering standardised access to different mobility related services through common APIs. The prize for the winning team was a 3-month stay at the EWorks Space. MBA Entrepreneurship Club Kick-off 8 February 2016

Football Money League 2016 Report 8 February 2016 Organised by the MBASA Sports Business Club and Consulting Club Deloitte Sports Business Group presented ‘The Football Money League 2016 Report’ in which they profile the highest earning clubs in the world’s most popular sport. An opportunity to learn more about the sport business and consulting industry. Round Concert by Professor Salva López 25 April 2016

Come to a class…How are companies created? By Professor Luisa Alemany 28 April 2016 Organised by Admissions Department. Starting a business isn’t easy, and making it work isn’t magic. It’s important to be well-prepared; understand accounting, finance and marketing; and put a lot of effort into your idea by analysing the market, assessing feasibility, and securing financing... ESADE’S staff brunch 29 April 2016 27 May 2016 1 July 2016

Fundraising meeting with BBA 2016 26 May 2016

Summer Volunteering Initiative 1 June 2016 In light of all the difficulties suffered in Greece, a group is studying the possibilities of collaborating with refugees.

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

GROWTH - OTHER ACTIVITIES EMPENTA Programme EMPENTA [IMPETUS] is a mentoring programme aimed at entrepreneurs and is jointly sponsored by ACCIÓ (Catalan Government), ESADECREAPOLIS, and EEI (ESADE Entrepreneurship Institute). This six-month programme accelerates the best start-ups from Catalonia. The fifth year of the programme aimed to accelerate new technology-based companies and/or accompany startups that are in early stages by focusing on critical areas of the creation process: team building, business model, and financing.

METHODOLOGY ESADECREAPOLIS has developed and established an agile and flexible methodology to adapt the programme to the situation of each startup, offering mentoring experts, and mobilising the resources of the ESADE Entrepreneurship Institute. More than 50 business model and financing mentor teams have participated to accelerate the 20 start-ups selected from a total of 155 projects presented this year. In the closing ceremony held on 21 June 2016, EMPENTA organised an event to show off the products and services accelerated and each start-up presented its business under an elevator pitch format. This year EMPENTA has 20 start-ups classified through three verticals: retail, health, and city.

DISRUPTIVE TECHNOLOGIES — Delectatech: artificial intelligence motor that provides recommendations and management for restaurants. — Técnicas Biomedicas: POCPAP drive is a device for treating snoring. — Walkmod: open source tool for quality control and correcting code in line with code conventions. — Hintech: IoT bladed paddle application to obtain relevant game information. — Viuho: security service and satellite communications that saves lives. — Xkelet: scan and create using 3D printing — Bioeclosion: a rapid, quantitative, reliable, and practical method to diagnose celiac disease — Kiasu: application of IoT clothes to stop children and old people becoming lost. — Neurotransvirtual: application for virtual embodiment and to improve physical and mental rehabilitation. — Meelk: wearable + app that quantifies milk produced.

INNOVATIVE SOLUTIONS — Alembeeks: improving governance processes and regulatory requirements for mutual funds. — Allergychef: book online restaurants that serve all kinds of food for intolerants. — Fashiop: online personal shopper for men who do not have time or interest. — FormalDocs: create customised legal contracts automatically in a simple and intuitive application. — Happyday: App to completely manage wedding and shared photos, videos, and messages among the guests

— Paper Lover: App that lets you print the photos in your mobile Instagram account. — Vadecity: infrastructure and software to safely park your bike. — Los Cuentos de Bastian: resource platform aimed at families and teachers for the development of the children/students.

— Wake’n app: the social app that aims to be the YouTube of the first 30 seconds of the day. — Super Prota: create personalised children’s story: an original, fun, and educational gift.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Last Thursdays Jointly held by EEI and Alumni Entrepreneurship Last Thursday encourages networking opportunities between entrepreneurs, investors, service providers, others involved in entrepreneurial efforts, faculty, business plan sponsors, and students. Last Thursday is the ideal platform for exchanging ideas, sharing experiences, and fomenting new business opportunities – during an informal drink.

Pau Bach (Momentum Project 2012)

Elena Gómez del Pozuelo

Founder and Manager of Batec Mobility and inventor of Batec 29 October 2015

President of Adigital (Spanish Digital Economy Trade Association), President at Womenalia. com (the professional network for women), and serial entrepreneur (BebeDeParis, Womenalia, Incipy, Inesdi, Increnta, Incube, etc.) 26 November 2015

Christopher Pommerening

Pere Vallès

Founding partner of Active Venture Partner 28 January 2016

CEO of Scytl 31 March 2016

Jaume Gomà (PMD 06) Co-founder and CEO of Ulabox.com 28 April 2016

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

Academic support for the business angels network ESADE BAN ESADE BAN, the ESADE’s business angels network, won the award for Europe’s best private network of business angels 2016. The award was made by The European Trade Association for Business Angels, Seed Funds, and Early Stage Market Players European Business Angels Network (EBAN for short). ESADE BAN is a network of investors promoted by ESADE Alumni, and acts as a meeting point for investors seeking opportunities, and for entrepreneurs wanting early-stage funding. ESADE BAN’s biggest investments to date include: Wuaki.tv, Wallapop, Visualnet, RedPoints, Notegraphy, Signaturit, Wave, and Talent Clue. The sectors of interest are: technology, healthcare, energy efficiency, and industry. A key feature of the network is co-investment by backers through the syndication of operations and training through the ESADE Business Angels School.

During the 2015-2016 Academic Year, the figures for Investment Forums were: ■

3.2

MILLIONS € FUNDING FOR ENTREPRENEURIAL PROJECTS (2015)

268

ENTREPRENEURIAL PROJECTS THAT HAVE RECEIVED FUNDING (2015)

INVESTMENT FORUMS

FORUMS IN MADRID

BUSINESS ANGELS

MEMBERS OF ESADE BAN

420

PROJECTS

DEALT WITH THE NETWORK

5 OF A GENERAL NATURE / 2 HEALTHCARE / 4 SEED CAPITAL STAGE

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

INVESTMENT FORUMS:

SCHOOL FOR BUSINESS ANGELS AND FAMILY OFFICES:

The EEI works directly with Entrepreneurship Alumni in holding investment forums where entrepreneurs seeking funding for their projects contact ESADE’s network of business angels (many of whom were trained at ESADE). Professor Luisa Alemany is a member of the Project Selection Committee.

The 7th and 8th ESADE Schools for Private Investors/Business Angels and Family Offices were aimed at entrepreneurs, active or retired business executives, representatives of family offices and others with financial ability and interest in contributing to launch, develop, and/or consolidate companies with growth potential. The second day includes an ESADE BAN Investment Forum. Barcelona: 18 and 19 October 2016 Madrid: 15 and 16 November

As part of these investment forums, ESADE BAN offers a continuous training session at the ESADE Business Angels School – organised by Professor Luisa Alemany. A presentation is then made to investors of 5 or 6 projects, chosen from among those on the on-line platform.

The programme is taught by ESADE faculty and features participation by entrepreneurs, investors, and experts with direct experience of investment processes. Tools and methodologies are provided for systematising and managing the various stages of investing in a start-up.

The projects submitted must meet the following criteria: — Early stage (under two years old) — Innovative and/or with high growth potential — Committed team (at least one person working full-time on the project) — Seeking a financial or industrial investment partner: min. €50 K; max. €500 K — Seeking an investing partner — Companies already incorporated or being incorporated — Proven business models

Forums for companies at the seed capital stage. Criteria: — Start-ups in the following sectors: ICT telecom, internet (e-commerce), media and entertainment, software, mobility (mainly internet) and mobile technology — At the initial stage (less than two years old) — Innovative, with high growth potential and global scalability — Committed team (at least one person working full-time in the company) — In search of a (financial or industrial) investment partner: min. €50 K; max. €500 K. — National and international — Start-ups constituted or in process of being formed — With growth potential and global scalability — Proven business model.

BARCELONA

MADRID

· ESADE BAN Presentation of seed-phase startups

· ESADE BAN and ICADE Business Club

23 September 2015

11 May 2016

Breakfast Madrid

· ESADE BAN Investment Forum

22 October 2015

9 June 2016

2 December 2015 · ESADE BAN Investment Forum Madrid 1 February 2016 · ESADE BAN Investment Forum 24 November 2015

SECTORAL FORUMS

· ESADE BAN Presentation of seed-phase startups

· 15 Healthcare Investment Forum Barcelona 2015

10 December 2015

Co-organised by ESADE BAN, the Barcelona Medical

· ESADE BAN Investment Forum Madrid 5 May 2016

Association (COMB), Barcelona Activa and Biocat · ESADE BAN Investment Forum

7 October 2015

2 February 2016 · 16 Healthcare Investment Forum · ESADE BAN Presentation of seed-phase startups

Co-organised by ESADE BAN, the Barcelona Medical

3 March 2016

Association (COMB), Barcelona Activa and Biocat 9 March 2015

· ESADE BAN Investment Forum 13 April 2016

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

Other events with our faculty

How to take strategic decisions and not die in the attempt by Professor Marcel Planellas (PMD 87)

Launching growth companies with ESADE’s support by Professor Jan Brinckmann

Jointly organised by EEI and ESADE Alumni Entrepreneurship

22 February 2016 – Bilbao 17 March 2016 - ESADE Barcelona 14 April 2016 - Tarragona 28 April 2016 – Zaragoza 30 May 2016 – Lleida 16 June 2016 – Seville 30 September 2015 – Palma de Mallorca 19 October 2015 – Valencia 19 November 2015 – Tenerife

22 October 2015 - Munich (Germany) 23 October 2015 - Frankfurt (Germany) The talk focused on how to validate business opportunities and the key lessons learnt from how to start a growth company. Dr Brinckmann also presented new activities in the realm of entrepreneurship, such as the ESADE Accelerator for students, and explained how people can get involved and outline specific activities for developing the ESADE network.

Companies and organisations are built on the strategic decisions taken by their directors and owners. But not all decisions have the same weight. Some decisions define the road ahead and have a long-term impact: these are strategic decisions. The companies of the twenty-first century increasingly need directors and owners able to think and act strategically. This decision-taking process is part art and part science. Professional directors must understand the science of strategic decisions and know how to use it.

The family business in 2040 by Professor Alberto Gimeno (Lic&MBA 84/PhD 99) Jointly organised by EEI and ESADE Alumni

Launching growth companies by Professor Jan Brinckmann 10 March 2016 and 5 April 2016 - ESADE Barcelona

2 December 2015 - Oviedo The world seems increasingly unpredictable. This suggests a time of transition to new models for society and business – a shift that could easily happen over the next 25 years, and not slowly over a century. Technology, geopolitics, and institutions will all change. Family firms, the dominant form of business, have a responsibility and an opportunity to be agents of this transition. What does this mean for today’s notions of business ownership and family structure? How can family businesses stay close to scientific and societal innovations and benefit from them?

Co-thinking: the (im)possible transformation by Professor Marcel Planellas (PMD 87) and Alfons Cornella (ADE 94)

The talk focused on how to validate business opportunities and the key lessons learned from how to start a growth company. Dr Brinckmann also presented new activities in the realm of entrepreneurship, such as the ESADE Accelerator for Students, and explained how to get involved and outline specific activities for developing the ESADE network.

Jointly organised by EEI and ESADE Alumni

The major challenges of Spain’s pharmaceutical companies. Strategies to compete in the 21st century (Talk 2) with Professor Alberto Gimeno (Lic&MBA 84/PhD 99)

19 May 2016 - ESADE Barcelona

Jointly organised by EEI and ESADE Alumni

17 May 2016 - ESADE Barcelona Alfons Cornella and Marcel Planellas shared some ideas, they did some co-thinking about corporate transformation. Here in the early 21st century, companies find technology and markets changing at an increasingly rapid pace. Managers have little influence over these levers and can only try to adopt and adapt them as quickly as possible. One lever they can, however, influence, is the necessary transformation of organisations. Many structures and methodologies exist, but this transformation is a difficult task – and impossible for some.

In recent years in the wake of the economic crisis, many companies in Spain including the pharmaceutical industry, have had to adapt and even reinvent themselves by designing new strategies to survive in an increasingly demanding environment.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Strategies for entrepreneurial resource acquisition by Professor Jaume Villanueva

Fail fast, fail soon, fail cheap by Professor Jan Brinckmann

Jointly organised by EEI and ESADE Alumni Entrepreneurship

Jointly organised by EEI and ESADE Creapolis

21 February 2016 - Tel Aviv (Israel) 29 October 2015 - New York City (USA)

24 November 2015 - ESADECREAPOLIS

Gaining access to external resources is often one of the most important activities new ventures must engage in to grow or even survive. It is also one of the most challenging, as potential resource providers (investors or lenders) are not easily persuaded to bet on unproven new organisations often lacking a track record, collateral, a defined market, or a fully developed product or service. Yet many entrepreneurs manage to access the resources they need. How do they do it?

The Lean Start Up method follows this model and represents a new approach that is becoming adopted worldwide to change how companies create and launch their products. The methodology allows shortening the product development cycle by producing a minimum viable prototype in the shortest possible time while validating the idea with customers and potential users. During this workshop assistants learned key aspects, processes, and tools to implement the Lean Start Up methodology. Validate your business hypothesis to achieve the product/service that your customers need.

The focus of the talk was the strategies entrepreneurs use to access external resources. Dr Villanueva drew on his academic research to give a picture of what we know and what we don’t know about entrepreneurial resource acquisition strategies.

The major challenges of Spain’s pharmaceutical companies. Strategies to compete in the 21st century with Professor Alberto Gimeno (Lic&MBA 84/PhD 99) Jointly organised by EEI and ESADE Alumni 10 March 2016 - ESADE Barcelona

Success of German family businesses: practices to learn from with Professor Alberto Gimeno (Lic&MBA 84/PhD 99)

Alberto Gimeno began the presentations by praising the quality of the companies taking part. ‘’Today’s panel is fantastic. Its members represent different generations, business models and roles.’’

Germany is, together with Japan, the country with the oldest, and most developed family companies. The reasons for this success are several and many of them are related to how they manage their family businesses. How have large German family businesses (such as Henkel, Boheringer, and Merck) been successful over generations and maintained their entrepreneurial attitude, professional management, and family commitment?

Jointly organised by EEI and ESADE Alumni

5 May 2016 - ESADE Barcelona

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

Support for entrepreneurship in society

Events organised by EEI

Presentation of the entrepreneurial project ILUSION+: a wine with much history and heart 17 September 2015 ILUSION+ is a social entrepreneurial project supporting neurodegenerative diseases, launched in the framework of the first ENTREPRENEURSHIP CLASS: LEARNING AND DOING in Barcelona, promoted by the Prevent Foundation and ESADE, and co-founded by Pau Torres and Gina Cordoba. Relevant speakers: Manel Raventos, Chairman of the Board of ESADE and co-founder of Cavas Raventós i Blanch; Ferran Centelles, elBulli Restaurant sommelier; and Josep Roca, El Celler de Can Roca sommelier.

Open class: presentation of the first ‘Entrepreneurship Class: Learning and Doing’ in Madrid 28 September 2015 ESADE and Prevent Foundation presented in Madrid the ‘Entrepreneurship Class: Learning and Doing’, a mentoring and training programme aimed at entrepreneurs with disabilities who wish to set up a business, or accelerate a recently created venture. Master class by Sonia Castañeda, Director of Fundación Biodiversidad.

Informative session of amendments to legislation on visas for non-EU entrepreneurs and highly qualified staff 22 October 2015 28 April 2016 Spanish legislation (Act 14/2013) on visas for non-EU entrepreneurs and highly qualified staff was amended. This act facilitates the process of obtaining residence permits and recruitment for highly qualified non-EU individuals, simplifying the process of processing a visa and shortening processing time for entrepreneurs, investors, university staff, highly qualified professionals and intra-company transfers. Speaker: Sara Corres Armendáriz, Deputy General Secretary, General Legal System Branch, General Secretary of Immigration and Emigration.

European Growth Summits 2016 12 May 2016 The collaborative Scale Up Summit Barcelona was co-organised by Verne Harnish, author of Rockefeller Habits & Scaling Up, the ESADE Entrepreneurship Institute, Foundum, and ACTIVE Venture Partners. Several VCs invited their portfolio companies for a unique learning and networking experience. Worldclass keynote speakers flew in to enjoy high-level learning opportunities and meet interesting peers. Speakers: Jeff Sutherland, co-creator of Scrum; Adele Revella, founder & author of Buyer Persona; Kevin Daum, author of ROAR; and Verne Harnish, author of Scaling Up.

Open class: ‘Entrepreneurship Class: Learning and Doing’ 31 May 2016 ESADE and the Prevent Foundation presented the ‘Entrepreneurship Class: Learning and Doing’, a mentoring and training programme aimed at entrepreneurs with disabilities who wish to set up a business or accelerate a recently created venture. Master class by José Mariano López Urdiales, zero2infinity Founder. Closing event: ‘Entrepreneurship key to rock’ (inspirational conference) by Salvador López, Academic Assistant, Department of Marketing at ESADE and musician.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Events where EEI faculty speak at leading world forums on entrepreneurship

Spanish Association of Fundraising’s Annual Conference Lisa Hehenberger September, 2015 (Madrid) Keynote speaker

Venture philanthropy and social impact investment Lisa Hehenberger September, 2015 (Paris) Moderator at panel ‘Convergences conference’.

ICT 2015 Innovate, Connect, Transform With Professor Jan Brinckmann 21 October 2015 – Lisbon The ICT 2015 event had several parallel activities: a policy conference presenting the new commission’s policies and initiatives on Research & Innovation in ICT (Horizon 2020 Programme); an interactive exhibition showcasing the best results and impact of the most recent EU ICT Research & Innovation; many networking opportunities to enhance quality partnerships; help for participants to find partners, connect research and innovation, and trigger collaboration; Horizon 2020 Work Programme 2016-2017 thematic sessions, offering detailed information on the funding opportunities in ICT sector; and The Startup Europe Forum, offering a set of activities profiling EU policy actions for startups and SMEs, innovators, private and public investors. Professor Jan Brinckmann attended this event as part of the panel: Failure forward: a collaborative learning session.

CAIA (Chartered Alternative Investment Analyst Association) event on Impact Investing Lisa Hehenberger November, 2015 (Madrid) Speaker

EVPA’s Annual Conference Lisa Hehenberger 1 and 2 December, 2015 (Madrid) Speaker and Moderator ’Impact measurement - from measurement to management’ and ‘Non-financial support models - workshop’

Venture Capital and Industry day With Professor Luisa Alemany 10 December 2015 - Madrid Organised by ASCRI and the Spanish Ministry of Industry, Energy, and Tourism, this event was aimed at private equity. It demystified misconceptions and revealed the opportunities open to the Spanish industrial sector. This event was a good opportunity for investors and entrepreneurs to learn more about the venture capital sector in Spain.

Challenge Based Innovation @ mediterranean final presentations With Professor Lotta Hassi 10 December 2015 - CERN, Geneva (Switzerland) The Challenge Based Innovation@Mediterranean project is led by Lotta Hassi, professor at the ESADE Entrepreneurship Institute. The projects were presented on 10 December at CERN in Geneva.

UBS event Lisa Hehenberger February, 2016 (Zaragoza) Speaker: ‘Desde la Caridad hasta la Inversión Social: Avanzando el campo de filantropía en España’

UBS Global Philanthropy Forum Lisa Hehenberger February, 2016 (Saint Moritz, Switzerland) Moderator.

Leo Tindemans Chair. Faculty of Economics and Business. KU Leuven Lisa Hehenberger March 2016 (Antwerp, Belgium) Speaker: ’Exploring recent trends in venture philanthropy and social impact investment. In business model innovation for social impact: An exciting agenda for research, policy and practice’.

Swedish Philanthropy Summit 2016 Lisa Hehenberger March 2016 (Stockholm, Sweden) Speaker: ‘The Emergence and Growth of Venture Philanthropy in Europe’.

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

Other support

ENTERPRISE DEVELOPMENT PROGRAMME Professor Luisa Alemany Member of the Investment Committee Oxfam’s Enterprise Development Programme (EDP) is an innovative model that provides support to entrepreneurs in some of the world’s poorest countries to help them create and build sustainable businesses. The resulting jobs and associated opportunities provide benefits for both employees and the wider community and lift some of the world’s poorest families out of poverty. Fourth Open Thinking Programme May 2016 (Sant Cugat) Davide Rovera Organised by the University School Gimbernat. The Open Thinking Programme aims to promote the entrepreneurial spirit of students who wish to develop their own health business plans. The EUIG seeks to discover the talent of future nursing professionals and provide them with the necessary help to design a product related to the world of health.

Relevant entrepreneurship events where EEI organises activities

Startup Weekend student event Organised by 4YFN 27 to 29 November 2015 Startup Weekends are where developers, designers, marketers, product managers and business experts come together through a hands-on experience to share ideas, form teams, build products, and finally launch their own projects. ESADE students, together with UPC and IED students, participated in this event and Professor Jan Brinckmann was a member of the jury.

Startupbootcamp MBA Challenge 2016 6 February 2016 The ESADE MBA Entrepreneurship Club, MBA D&! Club, MBA Tech & Media Club, together with IESE MBAs, faced the real issues of 11 different startups in teams of 2-3 students. These startups worked on the topic ‘Internet of things and data’. Participants and startups from around the world used the accelerator programme of startupbootcamp (SBC) in Barcelona during these months.

ESADE IN THE 4YFN-MWC: Mobile Gaming: looking forward 24 February 2016 For the third year in a row, the ESADE Entrepreneurship Institute organised a panel discussion open to all entrepreneurs, investors, professionals, students, and attendees of 4YFN. The sector chosen this year was mobile gaming. Barcelona has become an important centre in the sector and startups and businesses are flourishing. In addition, the rapid growth of the mobile environment is further helping the success of these companies. Albert Morgenstern (MBA 14), ESADE collaborator, started with a discussion highlighting the major trends in the industry and then opened a roundtable with representatives from four of the most important companies. What are the challenges facing an entrepreneur in the field of mobile gaming? What might be the main business opportunities in this area? What are the current trends? These were some of the questions answered during the session. Panel: Maria Alegre (Lic&MBA 08), CEO and co-founder of Chartboost; Horacio Martos, CEO and founder of The Social Point; Jean-Laurent Wotton, CEO and founder of Winko Games; Jan Wedekind Head of Lab of King Barcelona. Moderator: Luis Vives, Associate Dean of The MBA and ESADE professor.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

AngelHack Barcelona 2016 21 and 22 May 2016 AngelHack’s Ninth Global Hackathon Series created apps and technologies that had never been previously imagined. ESADE Prize for Winning HACKcelerator Team was: — One workstation for three months in an EWorks coworking space, with the chance to extend the duration and access additional services. — Opportunity to pitch and be evaluated for access in the EAccelerator programme (the early stage) — Accelerator programme managed by ESADE’s EWorks. — Additional services (depending on the stage of development): Venture building consultancy from EWorks team. 1:1 office hours with expert engineers from CISCO. Introduction to investors. Access to networking events and to top speakers/entrepreneurs.

Bizbarcelona 1 and 2 June 2016 — Speed dating with business angels and investment networks, with Fernando Zallo, director of ESADE BAN, Marta Campillo, manager of ESADE BAN, and Aleix de Castellar, coordinator of ESADE BAN. — Open Innovation Workshop, with Ton Guardiet, tutor of the ESADE Entrepreneurship Institute. — The Business Plan: What You Won’t Find in Books with Joan Riera, academic partner of the ESADE Entrepreneurship Institute. — No sales, no business, with Joan Riera, academic partner of the ESADE Entrepreneurship Institute. — Differences Between Accelerators, Incubators, and Business Builders, roundtable with Jordi Guasch, academic partner of the ESADE Entrepreneurship Institute, as moderator; and Ton Guardiet, tutor of the ESADE Entrepreneurship Institute and Manager of BCN Accelerator. — 20 Mistakes Nobody Should Make, with Joan Riera, academic partner of the ESADE Entrepreneurship Institute. — Starting a Business... without Any Sales Knowledge? with Oscar Torres, Director of the B2B Management Programme of ESADE. — Do You Know How to Sell to Other Companies? with Oscar Torres, Director of the B2B Management Programme of ESADE.

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

Alumni Entrepreneurship Day

The EEI was actively involved in this event: Luisa Alemany was a member of the jury that annually awards prizes for the best entrepreneur. ESADE Alumni Entrepreneurship held the Alumni Entrepreneurship Day, an annual conference for entrepreneurs, investors, students, and the entire entrepreneurial ecosystem. The morning was taken up with roundtables, conferences, and networking. Entrepreneurs were the protagonists. The aim was to foster an exchange of views, experience, and new business opportunities. The 2016 Alumni Entrepreneurship Day was held on 15 June 2016 with a special session of Matins ESADE Entrepreneur featuring the guest speaker Didac Lee, founder and CEO of Inspirit, co-founder of Galdana Ventures, and vice-president of the FC Barcelona Foundation. After a brief networking coffee break, the conference continued with the presentation of the ESADE Alumni and Banco Sabadell Award for best start-up of the year. The winner of this award – usually a highly innovative and financially feasible project – was Red Points, one of the 23 companies selected by BStartup10, a Banco Sabadell scheme designed to help digital start-ups get a foothold in the market and grow.

PROGRAMME Special ’Matins’ ESADE Entrepreneur Dídac Lee, Founder & CEO of Inspirit, co-founder Galdana Ventures and vice-president FC Barcelona Foundation. Speech on winner of the ESADE Alumni and Banc Sabadell Award for Best Start-Up of the Year Award ceremony hosted by:

Xavier Sanchez (Degree & MBA 97 / AMP 08), Director of ESADE Alumni Carles Ventura (Degree & MBA 92), Deputy CEO of Banc Sabadell Break for Networking Panel 1: After starting up a business... What? Entrepreneurs that become investors Oriol Blasco (MBA 04), founder of Nuroa, Migoa, and co-founder of Degustabox Javier Darriba (MBA 00), co-founder of UserZoom David López (MBA 04), CEO of Fhios Jacinto Roca (LIC&MBA 99), CEO and founder of Wuaki.tv and Executive Officer of Rakuten Miguel Vicente (IE 07), co-founder and co-chairman of Wallapop and Co-CEO of Antai Ventures Moderator: Marta Campillo, ESADE BAN Manager Panel 2: Growth challenges & internationalisation of Startups Miquel Angel Bonachera (MBA 07), Co-Founder of AB-biòtics Nico Bour (Lic&MBA 00), CEO and Co-Founder of Uvinum Alex de Dios, COO and member of the Board of Management of Beabloo Joan Margenat (MBA 04), Founder of Plan B! and Co-Founder of Marfeel Ivan Tintoré (Lic&MBA 01), CEO and Founder of iContainers Moderator: Yolanda Pérez, Director of BStartup at Banc Sabade Final Conference Dr. Carles Torrecilla (Lic&MBA 96), associate professor in ESADE’s Marketing Department and Executive Director of Corporate Development and Business Intelligence Ended with a ’networking’ cocktail

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Support for ESADE student entrepreneurship clubs

The EEI works directly with the ESADE entrepreneurship clubs, which are run by students (degree, MSc, MBA and PhD programmes):

E3 Initiative Club

MBA Entrepreneurship Club

The club holds events on a regular basis, especially at the EGarage. EEI actively supports these events, especially when it comes to organisation and dissemination. The club’s activities are detailed in the section on EGarage activities, with the holding of Start-up Wednesdays, Start-up Forum, Start-up Turbo, and its flagship event, TEDxESADE.

Promoted by and targeted at MBA students. The Club aims to promote entrepreneurship and puts students on the path to becoming sociallyresponsible entrepreneurs.

This year, the entrepreneur clubs of five universities (ESADE, IQS, UPC, UPF and La Salle) joined forces to spread the entrepreneurial spirit. To this end, they created Uwakeup BCN and organised the first event on 7 May 2016.

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

Awards for Entrepreneurial Talent

Sixth National Competition — Inspiring Young Entrepreneurs

Gabriel Espín, aged 29 from Terrassa, was voted winner of the Inspiring Young Entrepreneurs grant. Gabriel is a graduate in industrial mechanical engineering. In 2014, he co-founded Anyplast.com, an e-marketplace for recycled plastic, which sells and buys recycled plastic, saving time, management costs, and fees. He also founded RecuperoL, a company that buys and sells post-industrial plastic waste for recycling. The other two finalists were: — David Mayoral, aged 23 and from Vitoria, with studies in microcomputer systems and TCP / IP networks. Co-founder in 2014 of Erle Robotics, SL, a robotics company. — Clara Campo, architect, aged 27 from Barcelona. Co-founder in 2014 of Amarist Studio, a

specialist in high-end furniture; active in contemporary art and design, and limited editions.

IBMC ESADE - International Business Model Competition

The MSc in Innovation and Entrepreneurship seeks out the best young graduates with innovative, creative, and entrepreneurial flair; and who want to pursue a career in innovation management, entrepreneurship, or intrapreneurship. The annual International Business Models Competition (IBMC) provides a challenge for recent graduates who are talented, enterprising, and have a great idea for a business. The competitions invites these graduates to draw up and test a suitable business model. The winner is the candidate with the best plan. The prize is a scholarship covering all the tuition fees of the MSc in Innovation and Entrepreneurship. The runner-up receives a grant of 50% of the tuition fees for the same programme. The winners this year were: — 1ST PRIZE: 100% of tuition fees goes to Lucas Siebeneicher — 2ND PRIZE: 50% of tuition fees goes to Kim van Haalen

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

C4BI (Creativity for Business Innovation) Challenge Led by Professor Marcel Planellas, from the ESADE Entrepreneurship Institute, the Creativity for Business Innovation Challenge (C4BI) is a competition organised by elBullifoundation and ESADE for students at ESADE Business School. The objective of C4BI is to apply the concept of creative process auditing in a business. ‘Creative process auditing is a tool for obtaining the greatest efficiency in innovation and, in particular, for ensuring that this efficiency has longevity,’ explained renowned chef and elBullifoundation founder Ferran Adrià. ‘C4BI is a unique and exciting challenge: we’ll be entering a new world’. Students from ESADE’s MBA, MSc, and BBA programmes participated in the competition: especially students interested in innovation processes and the development of creative abilities, and who have an entrepreneurial mindset. The participating five-person teams (Los Creators, MIE Consulting, Sugar Factory, Comemos LAB and Caldo Molecular) were asked to solve a case study to reach the final round. A panel of judges selected the top five teams as finalists. These teams attended a master class by Ferran Adrià on the Sapiens methodology at elBulliLab. The finalists also visited the Roca Gallery, where they participated in the final part of the challenge: a creative process audit of the company’s ‘W+W’ project. Finally, on 24 November 2015 at the EGarage, the teams defended their findings in front of a panel of expert judges: Ferran Adrià (elBullifoundation); Xavier Torras (Roca Brand Communication Manager); and Josep Franch (Dean of ESADE Business School). After the presentations, the judges selected a winning team.

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

2.4. Business Creation MAKE IT REAL – EWORKS

Founders Meetups

Space

15 MEETUPS HELD

613 14 42

16 DESKS + 1 MEETING ROOM AVAILABLE

ATTENDEES, AVERAGE OF 47 PER EVENT

CURRENTLY HOSTING 5 PROJECTS, 15 PEOPLE GUEST ENTREPRENEURS

PROJECTS/IDEAS PRESENTED

ADDITIONAL PROJECTS JOINING IN SEPTEMBER 17

ALREADY HOSTED 7 PROJECTS, NOW MOVED ON

Accelerator

2015 (AKA ESADE ACCELERATOR)

2016 SELECTION

ACCEPTED

APPLICATIONS RECEIVED

PROJECTS FOR THE ACCELERATOR PROGRAMME,

145

APPLICANTS (25% WOMEN)

PROJECTS FOR THE PRE-ACCELERATOR PROGRAMME

PROJECTS ACCELERATED

CURRENTLY ALL ARE COMPANIES HIGHLIGHTED PROJECT: MAMMOTH HUNTERS, RAISED TWO CROWDFUNDING CAMPAIGNS FOR A TOTAL OF MORE THAN €500K

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

ESADE Works, or EWorks, is the ESADE venture creation project launched in September 2015. EWorks manages and provides a series of activities to foster and support venture creation by ESADE students. This project is led by Professor Jan Brinckmann and managed by Davide Rovera. Leveraging on the inspiration provided by the EGarage activities, EWorks focuses on the hands-on venture creation process, with a special interest in high-growth international companies. The main activities are:

EFounder Meetups

Recurring meetings to share ideas and provide feedback to entrepreneurs. These are a series of meeting, held biweekly, that bring together founders, investors, advisors, experts, and individuals looking to start a company, or to work for a high growth venture, provide support, exchange ideas, and have a networking opportunity. Participants were ESADE students or recent graduates from any programme, or teams with at least one ESADE student/recent graduate as a founder. They came to present an idea and receive feedback, or look for additional team members, or just to listen and network. There have been more than 15 ideas and more than 25 projects during the 2015-16 course.

SESSIONS HELD EFounders meetup - Kick off session 6 October 2015 With an overview of EWorks activities from Jan Brinckmann and Davide Rovera, followed by a talk from Professor Brinckmann about how to find market opportunities. Special guests: Sandro de Luca, specialised in international business development and founder of Caliber and Henrik Beckmann, founder and managing director @ GetYourHero

#2 EFounders Meetup 20 October 2015 Presentation of projects and results from teams looking for an idea: 1. Gardore Laura Cordes Project 2. Realty Lab Olga Shirokova Project 3. Social Education China Qian Wang Idea 4. KeenHealth BhanuTheja Musunuru Idea 5. Last Minute Blind Booking Martin Voynikov Idea 6. Cabamigo Manaaas Mediratta Project 7. Travel planner Jose Jaramillo Idea 8. Easy shipping Paul Müller Idea

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

EFounders Meetup 6 November 2015

Guest talk: Jean-Laurent Wotton, ex-Google and Badoo, founder. of WINKO Games. Presentation: 1. Fresh Start Thomas Harsch Idea 2. Aquiares Coffee Diego Robelo Project 3. Future of Food Rupert Brodersen Idea 4. Klotz Marcel Llorens Project 5. Vita++ Fernando Amuchastegui Idea

EFounders Meetup 17 November 2015

Guest talk: David Lopez, serial entrepreneur, founder of FHIOS. Special guests: Oriol Roda and Heinrick Beckmann. Presentation: 1. Catering Platform Evan Madden-Peisters Project 2. Blind Booking Martin Voynikov Idea 3. 1OAK - 1 Of A Kind Joscha Raue Idea

EFounders Meetup 1st December 2015

Special Guest: Michael Brehm, founder and managing Director (CEO) of Rebate Networks, angel investor with an enormous experience who provided great feedback after 1-minute pitches. Presentation: 1. GudJob Gudko Dymitro Project 2. KEYPRS Valentine Barbier-Mueller Idea 3. Enhancv Shubham Gupta Project 4. Spindle Quian Wang Idea

EFounders Meetup 15 December 2015

Special guest: Heiko Rauch, co-founder of Zanox, entrepreneur, tech enthusiast and angel investor. Presentation: 1. Grazb Daniel Tyoschitz Idea 2. Raspy Maximilian Shubert Idea 3. FaciliTienda Christpher Pommerenke Idea

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

EFounders Meetup 18 January 2016

Special guest: Oriol Blasco, founder of Degustabox, Professional Holiday Rentals and Nuroa Internet. Presentation: Master-It by Marie Blaise and Roman Pfeiffer

EFounders Meetup 9 February 2016

Guest talk: Juan Margenat, founder of Marfeel and former founder of Barcelo Experience and Weekendesk Iberia. Special guests: Juan Diego Farah from Deliveroo. Presentation: 1. Tea&Crafters 2. Foundoor 3. Speackeasy 4. VisitMyFlat 5. Sport Food Delivery 6. Dimidoo

craft lessons in cafes Online tech-transfer platform Language buddy’s social platform Flat checks online App to order food Business trip cost saver

Andrea Brougher Mario Brassesco Savinien de Bryas Facundo Gomez Xabier Aguirre Björn Müller

EFounders Meetup 8 March 2016

Guest talk: Jorge Blasco, Serial digital entrepreneur and business angel. Special guests: Sascha Weiler. Presentation: 1. Afterschool 2. TBD

Social Marketplace Internship Marketplace

Laia Iglesias Sara Vigil

EFounders Meetup 9 April 2016

Guest talk: Robert Wetzker, CEO and founder of Aklamio. Presentation: 1. Paybamboo 2. Momen

Innovative cashier for rest High quality food delivery

Lluis Rovira Leranoz Joan-Marc Trullas

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

EFounders Meetup 8 March 2016

Guest talk: Dhruv Bhatli, Founder of UBI Global. Presentation: 1. Writapp 2. PaperPad 3. UpToWhat

Notes taking and sharing Digitalisation of drawings Event finding app

Oriol F. Bosch Ming-ya Wang Pau Josa

EFounders Meetup 19 May 2016

Presentation: 1. EzyPayments 2. Delhicioso! 3. VisitMyFlat

Mobile Payments Food Delivery Flat review service

Aleix Rosellรณ Rishabh Lohia Facundo Gomez

EFounders Meetup 31 May 2016

Presentation: 1. BusyHosts 2. Furnishoo

Remote Real Estate Manag Furniture as a Service

Special EFounders Meetup in Berlin 30 June 2016

EFounders Meetup 5 July 2016

Academic year farewell meetup

Francesco Sabato Facundo Gomez

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

ESpace

Co-working space, accessible on an invited basis to support venture creation activities: - A co-working space - Conveniently located in ESADE Sant Cugat Campus, next to EGarage - Accessible 24/7, 365 days - Available up to 12 months after graduation - Access to ESADE’s network of selected professionals - High-speed internet connection - Meeting rooms with screens available Access to ESpace is provided, on a selective basis to all teams participating in the EAccelerator and teams/individuals who regularly take part in the EFounder Meetups. All teams are subject to monthly review based on a report: underperforming teams are given a ‘yellow card’ and have one month to recover, or they lose the right to use the ESpace.

EAccelerator

Intensive, highly selective, acceleration programme for high-growth projects. In March 2016 we received 65 applications for the first batch of projects that have a chance to go through the EWorks Accelerator programme. EAccelerator is an intensive global programme that aims to identify and support high-growth ideas, and enhance the efficient development of entrepreneurial projects.

WHO JOINED?

- Teams with a validated project/idea - Very skilled teams who do not have an idea, but were willing to accept and develop an idea provided by the EAccelerator team

HOW DID IT WORK? The programmes was free of charge and lasted from 4 April to 31 May and was provided with:

- Office space in the ESpace co-working area - One-on-one mentoring from experienced and successful entrepreneurs - Bi-weekly review of project and constant guidance - Access to a global network of experts and mentors - Introductions to investors and access to final Demo Day

ACTIVITIES IN THE 2015-16 ACADEMIC YEAR

PROJECTS/IDEAS ACCELERATED:

Accelerator Programme - Summer 2016 Batch Project Name

Industry

Description

Stage

Founder

Programme/year

Zeetaminds

Digital signage cloud Management software

Live

Balaji Kamineni

M. Sc. Innovation and Entrepreneurship 15

99meals

Food

Food order for office lunches

Live

Niklas Radner / Paul Mueller

M. Sc. Innovation and Entrepreneurship 16

Sheltair

Rentals

Office space rental by hour

Live

Anna Martinez Balañá

M. Sc. Innovation and Entrepreneurship 15

GO4HEALTH

Healthcare

Project

Linda Kajli Bettencourt

Executive MBA 16

Inflight VR

Virtual Reality

Bring VR on commercial flights

Live

Moritz Engler

M. Sc. Innovation and Entrepreneurship 15

Crowdfunding aggregator

Project

Guillermo Coloma Serna

Master in ICT Law, Social Networks and Intellectual Property 15

Finance The Funding Market

Car-B

Transportation

Car Sharing

Live

Sabrina Guzman

Executive Master in Digital Business 16

Prospectos. Online

Healthcare

Project

Adolfo Benítez Herrera

Executive Master in Digital Business 14

Tree Island

Gaming / Learning

Video game teaching English to kids 5-10

Project

Agathe Evain

M. Sc. Marketing Management 16

Industry

Description

Stage

Founder

Programme/year

Childcare

After-school activities finder

Live

Laia Iglesias / Anna Revenga

Executive Master in Digital Business 16

Curated selection of business clothes for women

Live

Laura Cordes

M. Sc. Innovation and Entrepreneurship 15

M. Sc. Marketing Management 16 / M. Sc. International Management 16

MBA 17

Pre-Accelerator Programme - Summer 2016 Batch

Project Name

Afterscool

Gardoré

Fashion

Trifo

Fashion

Customised shirts

Project

Luca Borreani / Nicolo Manica / Flavio Sbriglia

Qbit

Messaging

Enriched messaging

Project

Pau Serra Bou

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

EEI IN THE SOCIAL NETWORKS

3. EEI in the social networks â&#x2013;

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

3.1. Web

EEI IN THE SOCIAL NETWORKS

3.2. Newsletter

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

3.3. Twitter

4.663 TWITS

1.594 FOLLOWERS

TEAM

4. Team â&#x2013;

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Direction

LUISA ALEMANY Associate professor Department of Financial Management and Control. Entrepreneurial Finance luisa.alemany@esade.edu @luAlemany

Management

Case writer

EWorks

MERCÈ SAURA EEI Manager and knowledge transfer: communication and marketing; management of publicity events; management of EGarage.

LOURDES URRIOLAGOITIA Academic partner in the Department of Strategy and General Management.

DAVIDE ROVERA EWorks Manager Academic partner in the Department of Strategy and General Management.

Social Entrepreneurship merce.saura@esade.edu @mercesaura

davide.rover@esade.edu lourdeselvira.urriolagoitia@esade.edu

TEAM

Profesores

EUGĂ&#x2C6;NIA BIETO Associate professor, Department of Strategy and General Management.

JAN BRINCKMANN Associate professor, Department of Strategy and General Management.

XAVIER BUSQUETS Lecturer, Department of Information Systems Management.

ALBERTO GIMENO Associate professor, Department of Strategy and General Management.

Corporate Entrepreneurship

Entrepreneurship

Innovation and Technology

Family Business

eugenia.bieto@esade.edu @eugeniabieto

jan.brinckmann@esade.edu @janbri

xavier.busquets@esade.edu

alberto.gimeno@esade.edu

LOTTA HASSI Lecturer, Department of Operations Management and Innovation.

LISA HEHENBERGER Lecturer, Department of Strategy and General Management.

ESTEVE MOGAS Lecturer, Department of Strategy and General Management.

IGNACIO MUR Associate professor, Department of Strategy and General Management.

Innovation / Design thinking

Finance and social entrepreneurship

Entrepreneurship

Entrepreneurship / Family Business

esteve.mogas@esade.edu

ignacio.mur@esade.edu

lotta.hassi@esade.edu @LottaHassi

lisa.hehenberger@esade.edu

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Mª JOSÉ PARADA Lecturer, Department of Strategy and General Management.

PEDRO PARADA Associate professor, Department of Strategy and General Management.

MARCEL PLANELLAS Professor, Department of Strategy and General Management.

Family Bussines

Internationalization / Global born

Entrepreneurship

mariajose.parada@esade.edu

pedro.parada@esade.edu

marcel.planellas@esade.edu @marcelplanellas

ALFRED VERNIS Associate professor, Department of Strategy and General Management.

JAUME VILLANUEVA Assistant professor, Department of Strategy and General Management.

LUIS VIVES Associate professor, Department of Strategy and General Management.

Social Entrepreneurship

Entrepreneurship

International alliances Business Plan Innovation

alfred.vernis@esade.edu @alfredvernis

jaume.villanueva@esade.edu @jaumevillanueva

luis.vives@esade.edu @ProfVives

TEAM

Collaborators

JAVIER AGUILAR Academic partner in the Department of Strategy and General Management.

JOAN RIERA Academic partner in the Department of Strategy and General Management.

Entrepreneurship

javier.aguilar@esade.edu

joan.riera@esade.edu

SILVIYA SVEJENOVA Associate professor, Copenhagen Business School.

MAIKA VALENCIA Researcher.

Creativity / Business Plan

Women Entrepreneurs

ssve.ioa@cbs.dk

maika.valencia@esade.edu

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Researchers

MYRTO CHLIOVA Entrepreneurship and the social aspects of companies, as well as the link between business activities and the creation of social value.

JAN HOHBERGER Inter-organisational learning and strategic innovation. jan.hohberger@esade.edu

Thesis director: Jan Brinckmann myrto.chliova@esade.edu

HEIDI KRUGER Knowledge management and collaboration between organisations in an international context.

FERNANDO PAIZ The growth of start-ups, entrepreneur psychology and education techniques.

Thesis director: Jaume Villanueva

Director de tesis: Jan Brinckmann

heidi.kruger@esade.edu

fernando.paiz@esade.edu

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5. Research Report â&#x2013;

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

Research Academic Year 2016-17 1. Profile 1.1. MISSION ESADE Entrepreneurship Institute is an interdisciplinary group comprising different profiles of researchers and academics from different fields such as Entrepreneurship, Strategy, Finance, Family Business, Social Entrepreneurship, Innovation and others. The ESADE Entrepreneurship Institute aims to become an international reference point in the field of entrepreneurship, family businesses, venture capital, entrepreneurial creativity, as well as innovation and growth through an active educational model, a rigorous research program and an active presence in the social debate.

1.2. MAIN RESEARCH QUESTIONS The main areas we investigate are: — Company creation, success factors for new entrepreneurs, high growth companies

and Internationalization processes, strategic alliances and born global enterprises, — Financing: venture capital, private equity, business angels, venture philanthropy

and impact investment — Entrepreneurial spirit in family businesses — Corporate entrepreneurship, social entrepreneurship, creativity and innovation

1.3. RESEARCHERS The main areas we investigate are:

FACULTY Jan Brinckmann (IP research group) Luisa Alemany (EEI director) Eugenia Bieto Alberto Gimeno Lotta Hassi Lisa Hehenberger Pedro Parada Mª José Parada Marcel Planellas Jaume Villanueva Luis Vives

1.4. STAFF Davide Rovera Mercè Saura

COLLABORATORS Sondos Abdelgawad Jan Hohberger Barbara Slavich, Silviya Svejenova Lourdes Urriolagoitia Maika Valencia

PhD CANDIDATES Fernando Paiz Heidi Ann Kruger Georges Samara Eleunthia Elling

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2. KEY OBJECTIVES 2016-2017 Strengthen individual productivity: — Assuring and increasing submissions by keeping academic faculty focused on research

(target: get 3 papers in submission rotation). As a result, obtain top quality publications — Participation in at least one leading research conference per year — Direct Ph.D. theses as fit — Active involvement in research projects.

Strengthen team and group sense: — Own research conference in June 2016 — One peer paper feedback per quarter — Quarterly research exchange brown-bags — Get at least a quality PhD student through own sourcing — Increase collaborations through targeted invitations/ visiting researcher program — Source quality post-docs

Strengthen international visibility: — Own research conference in June 2016 — Increase collaborations through targeted invitations/ visiting researcher program — Board membership of top entrepreneurship journals, academic associations and prizes

ThinkTank/Applied Research: — Develop Business Cases & multimedia think tank — Contribute to Books

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

3. RESEARCH CONTRIBUTIONS PUBLICATIONS 3.1. IMPACT FACTOR ARTICLES

Authors, Year, Article, Journal

Impact Factor

Quartils

Financial Times

ESADE

DOI

(4 Max-1-Min) 1

Gruber, M. Kim, S. M. & Brinckmann, J. (2015).

1.800 (2015)

Q2 Business Q2 Management

48 (2016)

3 (2015)

10.1002/sej.1196.

3.470 (2015)

Q1 Management Q1 Planning & Development

42 (2016)

4 (2011)

10.1016/j. respol.2015.04.009

1.837 (2015)

Q2 Business Q1 Ethics

16 (2016)

3 (2015)

10.1007/s10551014-2304-7

4.854 (2015)

Q1 Business Q1 Management

10.1111/ijmr.12105

0.194 (2015)

Q4 Business Q4 Management

10.1108/ARLA-052016-0128

What is an attractive business opportunity? An empirical study of opportunity evaluation decisions by technologists, managers, and entrepreneurs. Strategic Entrepreneurship Journal, 9 (3), pp. 205-225 ABS: 4 (2015)

Hohberger, J. Almeida, P. & Parada, P. (2015). The direction of firm innovation: The contrasting roles of strategic alliances and individual scientific collaborations. Research Policy, 44 (8), pp. 1473-1483. ABS: 4 (2015) CARHUS: A (2014)

Ravenda, D. Argilés-Bosch, J. M. & Valencia-Silva, M. M. (2015). Labor tax avoidance and its determinants: the case of mafia firms in Italy. Journal of Business Ethics, 132 (1), pp. 4162. BW20 (2012) ABS: 3 (2015)

Rawhouser, H, Villanueva, J. Newbert, S & Newbert, S. L. (2016). Strategies and tools for entrepreneurial resource access: A cross-disciplinary review and typology. International Journal of Management Reviews. ABS: 3 (2015)

Parada Balderrama, M., Müller, C. & Gimeno Sandig, A. (2016). Family businesses in Ibero-America: An introduction. Academia: Revista Latinoamericana de Administración. 29(3). 219-230

One of Jan Brinckmann’s paper is still the most cited paper in the Journal of Business Venturing: cited by 226 documents: (http://www.journals.elsevier.com/journal-of-business-venturing/mostcited-articles). — Is innovation always beneficial? A meta-analysis of the relationship between innovation and

performance in SMEs. Rosenbusch, N., Brinckmann, J., & Bausch, A. (2011). 26, 441-457. Two of Jan Brinckmann’s papers are presented by Journal of Business Venturing field editors as examples of high quality research: (http://www.journals.elsevier.com/journal-of-businessventuring/highlighted-articles/high-quality-papers-within-their-field-of-research-interest). — Should entrepreneurs plan or just storm the castle? A meta-analysis on contextual factors

impacting the business planning–performance relationship in small firms. Brinckmann, J., Grichnik, D., & Kapsa, D. (2010). 25, 24-40. — Is innovation always beneficial? A meta-analysis of the relationship between innovation and performance in SMEs. Rosenbusch, N., Brinckmann, J., & Bausch, A. (2011). 26, 441-457.

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Pipeline: 3.1.1. Impact factor under review

Authors, Year, Article, Journal

Impact Factor

Quartils

Brinckmann, J., Kim, S.M.: Activities we believe in? An investigation of who engages in business planning and customer interaction and consequences for firm emergence, Previously R&R at Academy of Management Journal, In preparation for Submission to Strategic Management Journal.

6,233 (2015) 3,380 (2015)

Q1 Business Q1 Management

Q1 Business Q1 Management Q1 Psychology, Applied

Financial Times

1 (2016) 49 (2016)

ESADE (4 Max-1-Min)

4 (2015) 4 (2015)

Brinckmann, J., Grichnik, D., Singh, L., Villanueva, J.: Sources of strategic flexibility in emergent organizations: An analysis of the roles of resource endowments and resource management (Previously 3. Revise and Resubmit at Journal of Management, Submitted to Entrepreneurship Theory and Practice).

6,051 (2015) 3,414 (2015)

Thiel, J., Kim, S.M., Brinckmann, J.: Developing Entrepreneurial Expertise – Entrenchment and Decision Incongruence. Previously Best Paper Proceedings Academy of Management, In preparation for submission to Journal of Business Venturing.

4,204 (2015)

Q1 Business

17 (2016)

4 (2015)

Brinckmann, J., Grichnik, D., Eichinger, F.: When the difference makes the difference: A meta-analysis on the top management team diversity-performance relationship in small and medium sized firms, submitted to Journal of Business Venturing, 3. revise and resubmit then reject, In preparation for resubmission.

4,204 (2015)

Q1 Business

17 (2016)

4 (2015)

Brinckmann, J., Haug, K., Dew, N., Read, S., Grichnik, D.: Of those who plan: A meta-analysis of the relationship between human capital and business planning, In preparation for submission to Long Range Planning.

2.936 (2015)

Q1 Business Q1 Management

3 (2015)

Samara, G. & Parada, M. (Under Review) Pay Disparity in Family Businesses: The Impact of Family Structure and National Culture. Organization studies.

2,798 (2015)

Q1 Management

38 (2016)

4 (2015)

Parada, M. & Dawson, A. (Under Review) Building family business identity through transgenerational narratives. Journal of Organizational Change Management.

0,577 (2015)

Q4 Management

24 (2016) 8 (2016)

4 (2015) 4 (2015)

3.1.2. Working papers — Brinckmann, J., Grichnik, D., Haug, K.: Treasure your relationships: A meta-analysis on the effects of social capital on the performance of SMEs,

To be resubmitted. — Villanueva, J., Sapienza, H.J., & Sudek, R.J. “Tell me a story: How entrepreneurs’ narratives shape investors’ perceptions.” — Villanueva, J., Bojica, A., Baker, T., & Powell, E. “Status and stigma: The acceptance of bricolage practices.” — Bojica, A., Villanueva, J., Baker, T., Powell, E., & Fuentes, M.M. “To be or not to be: Contingent identities of academic entrepreneurs.”

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

3.2. INTERNATIONAL ARTICLES IN REVIEWED JOURNAL, CHAPTERS AND BOOKS IN INTERNATIONAL EDITORIALS Books 1. Hassi, E., Paju, S. & Maila, R. (2015). Experimentation manual for managers (Kehitä kokeillen! - Organisaation käsikirja). Helsinki: Talentum Pro. ISBN 978 952 14 2642 1. 2. Parada Balderrama, M. (2015). Developing governance structures in family firms: from adoption to institutionalization. Jönköping: Jönköping International Business School. ISBN: 978-91-86345-59-4. 3. Parada Sharma, P., Auletta, N., DeWitt, R., Balderrama, M. & Yusof, M. (Eds.), (2015). Developing next generation leaders for transgenerational entrepreneurial family enterprises. Camberley; Cheltenham; Northampton: Edward Elgar. ISBN 978 1 78471 786 5 (cased) / ISBN 978 1 78471 787 2 (eBook).

Book Chapters 1. Hehenberger, L., Boiardi, P. & Gianoncelli, A. (2016). From philanthropy to venture philanthropy. In Vecchi, V., Balbo, L., Brusoni, M. & Caselli, S., Principles and Practice of Impact Investing - A Catalytic Revolution. Sheffield: Greenleaf Publishing. ISBN 978 1 78353 404 3. 2. Gimeno Sandig, A. & Parada Balderrama, M. (2015). Parenting and next gen development. In Sharma, P., Auletta, N., DeWitt, R., Parada Balderrama, M. & Yusof, M. (Eds.), Developing next generation leaders for transgenerational entrepreneurial family enterprises (pp. 212-237). Camberley; Cheltenham; Northampton: Edward Elgar. ISBN 978 1 78471 786 5 (cased) / ISBN 978 1 78471 787 2 (eBook). 3. DeWitt, R., Auletta, N., Parada Balderrama, M., Yusof, M. & Sharma, P. (2015). Developing next generation leaders. In Sharma, P., Auletta, N., DeWitt, R., Parada Balderrama, M. & Yusof, M. (Eds.), Developing next generation leaders for transgenerational entrepreneurial family enterprises (pp. 1-18). Camberley; Cheltenham; Northampton: Edward Elgar. ISBN 978 1 78471 786 5 (cased) / ISBN 978 1 78471 787 2 (eBook). In pipeline

BOOK 1. Parada Balderrama, M. & Gimeno Sandig, A. (Forthcoming) Understanding Characteristics of Long-Term Value Creating Family Businesses. Effective Executive. BOOK CHAPTERS 1. Gruber, M.; Kim, S.M., Brinckmann, J., (Forthcoming) How Experience Shapes the Subjective Evaluation of Business Opportunities. In: Frontiers of Entrepreneurship Research 2010, Wellesley. 2. Parada, M. & Dawson, A. (Forthcoming) Exploring Institutional Entrepreneurship in developing countries – Copreneurs in the tourism industry: A Bolivian case. In Marcela Ramírez-Pasillas, Ethel Brundin and Magdalena Markowska (eds) Contextualizing Entrepreneurship in Emerging Economies and Developing Countries. Cheltenham: Edward Elgar Publishing, Inc. Feb. ISBN: 978 1 78536 752 6.

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3.3. ARTICLES IN REVIEWED JOURNAL, CHAPTERS AND BOOKS Published this academic year

Cite

ESADE (4 Max-1-Min)

Parada Balderrama, P. (2015). ¿Quién dijo que liderar un cambio es fácil?. Harvard Deusto Business Review, (248), pp. 46-53. CARHUS: D (2014)

1 (2011)

Planellas Arán, M. (2016). La evolución de la estrategia. Harvard Deusto Business Review, (257), pp. 6-16. CARHUS: D (2014)

1 (2011)

Vives, L. (2015). Pymes + Innovación: No es solo cuestión de tamaño sino de actitud. Información Comercial Española: Revista de Economía, (885), pp. 57-64. CARHUS: D (2014)

1 (2011)

Vives, L. (2015). La revolución del FinTech: el caso de Kantox. Harvard Deusto Business Review, (249), pp. 76-82. CARHUS: D (2014)

1 (2011)

OTHER CONTRIBUTIONS Papers presented at conferences 1. Busquets Carretero, X. (2006, December). Les noves funcions del directiu a l’empresa informacionada. Symposium conducted at the meeting of Fundación Barcelona Digital (FBD), Barcelona. 2. Parada, M., Gimeno, A., Melin, L. & Nordqvist, M. (2016, May). Institutionalizing governance structures in family businesses. In 12th Workshop on Family Firm Management Research. Symposium conducted at the meeting of European Institute for Advanced Studies in Management (EIASM), Zwolle. 3. Parada, M., Gimeno, A., Melin , L. & Casado Navarro-Rubio, J. (2016, June). The impact of professional associations on the education, learning and action of policymakers with regard to family enterprises. IFERA Conference. 4. Gimeno Sandig, A. (2015, November). Families as an Agent of Transition. Symposium conducted at the meeting of Business Families Foundation. 5. Hassi, L., Ramos-Castro, J., Leveratto, L., Kurikka, J. J., Charosky, G, Utriainen, T. M. & et al. (2016, June). Mixing design, management and engineering students in challenge-based projects. In 12th International CDIO Conference. Symposium conducted at the meeting of Conceive Design Implement Operate (CDIO), Turku. 6. Hehenberger, L. (2016. March). Exploring recent trends in venture philanthropy and social impact investment. In Business model innovation for social impact: An exciting agenda for research, policy and practice. Leo Tindemans Chair. Faculty of Economics and Busines. KU Leuven, Antwerp. 7. Hehenberger, L. (2016, March). The Emergence and Growth of Venture Philanthropy in Europe. In Swedish Philanthropy Summit 2016, Stockholm. 8. Hehenberger, L. (2016, February) Speaker at UBS event - Desde la Caridad hasta la Inversión Social: Avanzando el campo de filantropía en España, Zaragoza. 9. Hehenberger, L. (2016, February) Moderator at UBS Global Philanthropy Forum, Saint Moritz. 10. Hehenberger, L. (2015, December) Speaker and Moderator at EVPA’s Annual Conference, Madrid.

11. Hehenberger, L. (2015, Novembre) Speaker at CAIA event on Impact Investing, Madrid. 12. Hehenberger, L. (2015, September) Keynote speaker at Spanish Association of Fundraising’s Annual Conference, Madrid. 13. Hehenberger, L. (2015, September) Moderator at Venture philanthropy and Social impact investment panel at Convergences conference, Paris. 14. Parada, M.J. & Dawson, A. (2016, March). Building family businesses identity through transgenerational narratives of business families. In 6th Conference on Rhetoric and Narratives in Management Research. Symposium conducted at the meeting of ESADE Business School, Barcelona. 15. Villanueva, J., Bojica, A. M. & Fuentes, M. M. (2015, October). The social identity of academic entrepreneurs: Its effect on role conflict and spinoff outcomes. In SMS 35th Annual Conference 2015. Symposium conducted at the meeting of Strategic Management Society (SMS), Denver. 16. Villanueva, J., Bojica, A. M. & Ruiz-Nava, J. (2016, June). The storytelling strategies of social entrepreneurs. In 2016 Babson Entrepreneurship Research Conference. Symposium conducted at the meeting of Babson College, Bodø. 17. Iñesta, A., Valencia-Silva, M. M., Caporarello, L., Statler, M., Mària Serrano, J., Marín Arandia, J. & et al. (2016, July). The Global Integrative Module (GIM): An international project for training students solve the social challenges of tomorrow by working in global virtual teams across schools and across programs. In CIDUI 2016 mpactos de la innovación en la docencia y el aprendizaje. Symposium conducted at the meeting of Universitat Autònoma de Barcelona (UAB), Universitat Oberta de Catalunya (UOC); Universitat Politècnica de Catalunya (UPC); Universitat Pompeu Fabra (UPF); Universitat de Barcelona (UB), Universitat Rovira i Virgili (URV), Universitat de Girona (UdG), Universitat de Lleida (UdL), Cerdanyola del Vallès. 18. Iñesta, A., Valencia-Silva, M. M., Rovira, X., Caporarello, L., Choi, J., Statler, M. & et al. (2016, July). The global integrative module: Reflecting upon the conditions, challenges and learnings derived from implementing an international challenge-based online learning experience. In 2016 RMLE Unconference . Symposium conducted at the meeting of Research in Management Learning and Education, Fontainebleau.

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

OTHER ACADEMIC OUTPUT

Parada Balderrama, M. (2015, 07 de October). Family business role models: Understanding role complexity. Published at: https://ffipractitioner.org/2015/10/07/family-business-role-modelsunderstanding-role-complexity/

Cases In pipeline Finished — Cases published in The Case Center or The Harvard Business

Publishing: 1) 2) 3) 4) 5)

Vinaixa, J. & Urriolagoitia, L., Biocentury (A) Vinaixa, J. & Urriolagoitia, L., Biocentury (B) Vinaixa, J. & Urriolagoitia, L., Biocentury (C) Planellas, M. & Urriolagoitia, L., Privalia. Alemany, L., Bieto, E. & Urriolagoitia, L., Scytl: this case have been selected by The Case Center to appear in the December 2016 edition of The Case Folio – The IUP Journal of Management Case Studies.

— Cases presented at congresses

1) Vernis Domènech, A. & Urriolagoitia, L. (2016, June). Veritas: saling organic food in Spain [Case study]. Lima: Consejo Latinoamericano de Escuelas de Administración (CLADEA). — Other cases published

1) Parada Balderrama, M. (2015, 07 de October). Family business role models: Understanding role complexity. Published in: https://ffipractitioner.org/2015/10/07/familybusiness-role-models-understanding-role-complexity/

1) Parada, M. & Urriolagoitia, L. From Zero2 infinity. 2) Parada, M. & Urriolagoitia, L. Innovation in a traditional IndustryKerajet Case. 3) Vernis, A. & Urriolagoitia, L. Roba amiga. 4) Villanueva, J. & Urriolagoitia, L. Fluent systems. 5) Planellas, M. & Urriolagoitia, L. elBulli Foundation.

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4. PHD AND MRES New PhD candidates: ELLINGER, Eleunthia (Jan Brinckmann)

Theses defended this academic year

Ph.D. Candidate

Defense Date

Board Members Cruz Serrano, Cristina Marqués Gou, Pilar Vernis Domènech, Alfred Ignasi

Feliu Costa, Neus

10/02/2016

Kalinowski, Margarete

02/02/2016

Parada Balderrama, Pedro Ricart, Joan Enric Svejenova Velikova, Silviya

25/01/2016

Bonet Guinó, Eduardo Dawson, Alexandra Howorth, Carole Melin, Leif Olof Lander

Parada Balderrama, Maria Jose

Supervisors

Grade

Thesis Title

Gimeno, Alberto

Sobresaliente

Philanthropy in family enterprises: a governance perspective

Svejenova, Silviya Vives, Luis

Sobresaliente cum laude

The dynamics of business model transformation: innovation and internationalization

Sobresaliente cum laude

Understanding different dimensions of the family business from a contingency perspective

Gimeno, Alberto

ThiessSingh Luv, Dorina

Jan Brinckmann in cooperation with Dietmar Grichnik from WHU Vallendar University of St Gallen

fantetti, Maria

Jan Brinckmann in cooperation with Dietmar Grichjnik and Grsss Uwefrom WHU Vallendar University of St Gallen

The people-side of nascent and infant entrepreneurs

Theses under supervision

Ph.D. Candidate

Supervisors

Research Group

Course

Paiz, Fernando

Jan Brinnkman

EEI

PhD 3+

Heidi Ann Kruger

Pol Almeida / tutor Vicenta Sierra

EEI

PhD 3+

EEI/IIK

PhD 2

EEI

PhD 1

Alberto Gimeno Georges Samara

M. José Parada FI-Jonathan Wareham

Ellinger, Eleunthia

Jan Brinnkman

Burckhard, Barbara

Jan Brinckmann in cooperation with Dietmar Grichjnik University of St Gallen

Ruano, Luis Alberto

Luis Alemany co-director. Universidad de La Rioja

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

MRes theses supervised and under supervision

MRes candidate

Research group

Tutors

Research topic

ELLINGER, Eleunthia

EEI

Jaume Villanueva + François Collet

Holocracy: An evolution in Self Organization through Novel Governance

MRes candidate

Group

Tutors

Research topic

Beerstecher, Daniel

Finance

Luisa Alemany

Private Equity - Different ways of value creation and their performance

Flueckiger, Dario Alessandro

Finance

Luisa Alemany

Venture Capital in the FinTech industry

MSc theses supervised

RESEARCH REPORT

5. OTHER INFORMATION Alemany, L.: — Investment Committee Venture Capital Fund La Caixa; Investment Committee Intermon/Oxfam Spain. — Best Performing European Business Angels Network - ESADE BAN. — Academic sponsor of the ESADE Alumni Entrepreneurship Club. Brinckmann, J.: — Member of the Review Board of the Journal of Business Venturing. — Member of the Board of the Entrepreneurship Theory and Practice: the best entrepreneurship specialty journals. — Expert Member and Delphi Study Director of FACE /European Commission. — Director of ESADE’s MBA Entrepreneurship Lab — Director of ESADE support of KIC InnoEnergy Iberia Accelerator. — Visiting Professor of Entrepreneurship Elective in MBA program at University of St. Gallen. — Entrepreneurship Research Advisory Board University of St Gallen. — Director of the Entrepreneurship Lab & ESADE Accelerator. — ESADE Business Support Director and Investment Committee KIC InnoEnergy Incubator. — Business Angel incl Participant at ESADE Business Angel Network. Gimeno, A.: — Director of ESADE’s MBA Family Business Lab. — Academic sponsor of the ESADE Alumni Family Business Club. Hehenberger, L.: — Member of the EUROPEAN COMMISSION’s Expert Group on Social Business (GECES), rapporteur of Sub-group on Impact Measurement, and rapporteur on Working Group on Access to Finance (2012-2018). — Member of OECD’s expert group on Social Impact Investment (2016Present). — Member of the Scientific Board of SDA Bocconi School of Management’s Impact Investing Lab (2013- Present). — Project advisor to the EU-funded project SEFORIS (Social entrepreneurship for innovative and inclusive societies). — Advisor to the EU-funded project ITSSOIN (Impact of the Third Sector as SOcial INnovation) that focuses on social innovation as a core impact of the third sector. — Parada Balderrama, M.: PhD tesis defended

Planellas, M.: — Member of the Editorial Advisory Board of ARLA, a leading Latin American business journal published by Emerald (CLADEA international academic journal). — Doctoral Thesis Committee: — Antecedents and Consequences of Corporate Entreprenuership: An International Study. Other: PhD thesis committee. Universitat Autònoma de Barcelona. Departament d’Economia de l’Empresa. Spain. Bellaterra (2016). — Factores de éxito o fracaso en operaciones de fusión y adquisición. Other: PhD thesis committee. ESADE Business School. Spain. Barcelona (2016). — El valor de una obra de arte:estrategias de comunicación para influenciar su valor de mercado. Other: PhD thesis committee. Spain. Barcelona (2016). Valencia, M.: — Associate director of The Global Integrative Module. An online learning experience awarded by the GMAC MET Fund. — Coordinator and co-author of the Global University Entrepreneurial Spirit Students‘Survey (GUESSS)-Spain 2013. An international research project lead by the St. Gallen University. Villanueva, J.: — Rutgers University, Visiting Scholar. — AOM Entrepreneurship Division - Awards Committee member. — Premis jove empresari catalunya AIJEC - Awards Committee member. Vives, L.: — Premio al Mejor Profesor del Multinational MBA — Editorial Board. Editorial committee: Journal review panel. Management Research: The Journal of the Iberoamerican Academy of Management. — Consulting Editor. Editorial committee: Journal review panel. Harvard Deusto Business Review. — Editorial Board. Editorial committee: Journal review panel. Global Strategy Journal.

Managing the EGarage in ESADE Sant Cugat Campus

— (2016). Understanding different dimensions of the family business

from a contingency perspective (Unpublished doctoral dissertation). Barcelona: ESADE Business School; Universitat Ramon Llull (URL). ESADE. — (2015). Developing governance structures in family firms: From adoption to institutionalization (Unpublished doctoral dissertation). Jönköping: Jönköping International Business School.

Managing the Eworks, the new coworking space, the accelerator and the activities related to it

ESADE ENTREPRENEURSHIP INSTITUTE · ACTIVITY REPORT · 2015-16

DISSEMINATION & DIFFUSION Participation In International Research Networks

Other Media Presence

1. EGOS 2. EVPA (European Venture Philanthropy Association) 3. FFI (Family Firm Institute) 4. IFERA 5. STEP Project 6. CEMS Faculty Group 7. EFER (European Foundation for Entrepreneurship Research)

Constant interaction with the media in different domains. The ESADE Entrepreneurship Institute wants to thank Banco Santander and Agrolimen for its support to the research activities of the Institute. Barcelona, november 2016

CAMPUS BARCELONA - SANT CUGAT EGarage Av. Torre Blanca, 59 08172 Sant Cugat del Vallès Barcelona (España) Tel. 34 932 806 162 www.esade.edu/eei www.esade.edu/entrepreneurship

En ESADE trabajamos, mediante la formación, la investigación y el debate social, para inspirar “los futuros” de personas que puedan ser profesionales competentes, en el mundo de la empresa y del derecho, y ciudadanos socialmente responsables.

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