Earlier this week, London Business School and business advisory firm Deloitte launched the Deloitte Institute of Innovation and Entrepreneurship, a new partnership aimed at better equipping business leaders and entrepreneurs with the information, insights and resources to create new growth and tackle social and economic challenges.
Supported by a 10-year partnership with Deloitte, the new institute will consider how innovation and entrepreneurship contribute to economic recovery and growth in the developed world and to economic development in emerging markets, a statement from the school explains. Deloitte’s landmark commitment is the most significant in London Business School’s 47-year history.
The Deloitte Institute of Innovation and Entrepreneurship brings together four faculty members at the core, with more than 10 others from each of London Business School’s areas of study. Broadening the number of faculty engaged in research in innovation and entrepreneurship will build a vibrant community of scholars within the School.
“Innovation is one of the key drivers of everything that goes on in business,” Sir Andrew Likierman, dean of London Business School, says. “Our aspiration is that some of the biggest new ideas in this field that combine academic rigor and successful implementation will be attributable to the Deloitte Institute of Innovation and Entrepreneurship.”