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Henry Ford, Richard Branson, Steve Jobs, Bill Gates, Muhammad Yunus are just a few names associated with leadership, risk adoption, and were revolutionary human beings that were able with their intelligence and passion to transform industries, build empires, resolve problems and to transform lives and society. 

Nowadays, higher education and business schools that provide management education are focused on bringing world class tuition in entrepreneurship to the table, but what does entrepreneurship mean? An interesting definition, the meaning of this word in rooted in the French word ”pioneer” as the ”first in their field” and ”among the earliest.” This is key as the idea for a process, a venture or for a business. Could a merger within the industries of fashion, robotics and psychology be possible? Let’s ask the Dutch designer Anouk Wipprecht, who created the smart-spider-dress with Intel-Edison that combines fashion with robotics and wearable technology, to express the wearer’s emotions and protect people of all ages in their personal space.

Despite the increasing recognition of entrepreneurship education as a source of self-employment initiatives, regional development and economic dynamism, the concept of entrepreneurship should be defined more clearly. ”Entrepreneurship is more than simply ”starting a business”, it is a process through which individuals identify opportunities, allocate resources and create value, through the identification of unmet needs or identification of opportunities for change” (Afolobi et al 2017)


Entrepreneurial spirit is characterised by innovation, risk-taking, and is an essential part of a nation’s ability to succeed in an ever-changing and increasingly competitive global marketplace, and for that reason it is imperative to be trained in curriculums not just in management education, but in all levels of the education system from a very early age and with no restriction in any professional field.

Furthermore, when training managers, business schools must challenge them to discover and generate disruptive solutions for business sustainability, considering the social and economic impact of their actions with an ethical component. The market is changing and management practices must adapt to this scenario and innovate. 

The Latin American Council of Management Schools (CLADEA) is the largest international network of business schools in the region that works under the premise of contributing and supporting research in administrative sciences. Within our portfolio of services, we have strengthened a real impact on the community through projects that have a global approach such as the Latin Administrative Sciences Observatory, the CLADEA Awards and others. For members, this provides the ideal opportunity to enhance strategic relationships with their peers. 


Additionally, the CLADEA runs different events that create an opportunity for worldwide academics who are active leaders in their institutions to discuss previously established topics of pertinence. Being part of the CLADEA means participating in initiatives aimed at integrating Latin American countries. The 2018 Annual CLADEA Conference will be held in San Jose, Costa Rica on October 7-9th, 2018.   EG