The 2018 „Global Award for Entrepreneurship Research“ goes to Professor Olav Sorenson, Yale School of Management. Sorenson is awarded for showing how entrepreneurial activity and innovation are strongly embedded in socially and spatially bounded relationships. The Global Award is the foremost international award in entrepreneurship research with a prize sum of € 100,000.
By combining learnings from sociology, economic geography, and economics, Olav Sorenson has provided new insights that challenge established views on the microeconomic foundations of spatial formations, knowledge diffusion, and interactions among economic agents.
The Global Award for Entrepreneurship Research was established as the foremost global award for research on entrepreneurship. The Award honors significant contributions to theory-building on entrepreneurship and small business development. The Award was instituted in 1996 and re-launched under a new name in 2008.