Chair ofEntrepreneurship and Innovation / Say Institute
Entrepreneurship is a fascinating field that has yet to decide where it truly belongs. Many fields of research, such as economy, sociology, and psychology, strived to grasp the underlying phenomenon of ‘the entrepreneur’. The field by itself is very young, as entrepreneurship only became an independent subdomain in the 1980’s, while in Germany the first academic chairs appeared even only around 1998. Entrepreneurship nowadays draws more and more attention, as practitioners provide fascinating success stories, educators develop exciting new approaches, and researchers are all set for tackling the challenging opportunities ahead.
Part of our chair and supported by the cross-campus Jean-Baptiste Say Institute is the Blue Factory, the central contact point for all ESCP students, alumni, and staff members interested in founding their own venture. In addition, we coordinate Berlin InnoBridge.
- Prof. Dr. René Mauer
The team
Jean-Baptiste Say Institute

The Jean-Baptiste Say Institute for Entrepreneurship relies on a unique European network which was developed in 2007 by the Entrepreneurship Chair of ESCP and has today more than 50 researchers and teachers. Its goal is to train entrepreneurs and leaders around the world in entrepreneurship and, to prepare tomorrow’s managers for profound changes in the world of work.
WebsiteBlue Factory

The Blue Factory is the central contact point for all ESCP students, alumni, and staff members interested in founding their own venture. In close collaboration with the Chair of Entrepreneurship and Innovation, the Blue Factory offers custom-made training and support for preparation and implementation processes related to setting up a venture.
WebsiteOur Entrepreneurship Theses Topics
Download PDFTeaching
We offer the following courses:
Master in
Management
(Academic lead of the option Berlin)
- Technology Entrepreneurship
- Mindset and Methods (Option E)
- Growth and Internationalization (Option E)
Executive Master in
Digital Innovation and Entrepreneurial Leadership
(Academic lead of the programme)
- Types of and Entry Forms to Innovation & Entrepreneurship
- Validating Business Models in China
- Trends and Challenges in Digital Innovation and Entrepreneurial Leadership
U-SCHOOL
The Entrepreneurial Acceleration Programme
(Academic lead of Programme)
- Entrepreneurial Mindset
- Entrepreneurial Strategy
- Failing Gracefully
Research
Learn and understand entrepreurship
Research approach
In 2000, Shane and Venkataraman defined entrepreneurship as the individual-opportunity-nexus. Accordingly, entrepreneurship emerges when an enterprising individual commits to acting upon an entrepreneurial opportunity. While this definition served as foundation for entrepreneurship to become a sovereign field of research, it is currently critically reflected more than ever before. Our research focuses on empirical and theoretical contributions to current streams of research within the field of entrepreneurship and entrepreneurial innovation. Due to the entrepreneurial phenomenon’s complexity, we draw on a larger set of methodical approaches. In our projects, we furthermore make use of close collaborations with practitioners from start-ups and established organizations alike.
Research topics
Entrepreneurial thinking and action
Cognitive approaches gained increasing popularity within the entrepreneurship literature since the 1990’s. We analyse various kinds of thinking and action (such as effectuation, bricolage, and improvisation), as well as their influencing factors and effects. In close connection we cherish and develop what has been discussed as ecological rationality – the competence to choose for each decision-making situation the adequate toolsets and methods.
Entrepreneurship Education
Although Entrepreneurship scholars have discovered entrepreneurship education as a popular field of research, little research has been done specifically in the area of action-based entrepreneurship education. In different studies, both of qualitative and quantitative nature, we explore the dynamic relationship of emotion and (adult) learning in order to better understand their link to the development of an entrepreneurial mindset.
Levels of entrepreneurial action
Entrepreneurship is discussed on several levels within the literature. This becomes also apparent within our research, which addresses individuals, teams and organizations alike. One current focus in our work is on entrepreneurial cognition in family firm innovation. Family firms innovate differently than non-family firms. The underlying reasons are still regarded as a “black box”. Our family entrepreneurship project addresses this gap and highlights the role of individuals and teams for innovation in family firms.
Special forms of entrepreneurship
Entrepreneurial behaviour is not only applicable to economic issues, but instead addresses a much broader range of fields. Accordingly, our research comprises topics such as social, sustainability, and cultural entrepreneurship.
The movement of social entrepreneurship is seeking sustainable change of society by solving social and environmental issues through creative business innovations. Our social entrepreneurship research projects contribute to the understanding of the phenomenon of social entrepreneurship and explore a broad spectrum of topics from the mindset and cognition of social entrepreneurs to social business incubation models addressing refugee entrepreneurs.
Theoretical foundations of entrepreneurship
For centuries, risk and uncertainty have been considered as determinants of entrepreneurship. At the same time, however, it becomes apparent that the understanding of uncertainty within the entrepreneurial process is still underdeveloped. We therefore participate intensively in the discussion surrounding the theoretical foundation of entrepreneurship research.
Publications
Find an overview
Media
2023
Die Management-Forschung muss näher an die Praxis
Frankfurter Allgemeine Zeitung
Media
2023
Letter: Companies are looking to management researchers for answers
Financial Times
Academic Articles
2022
Market of Makers – How to Promote Corporate Entrepreneurship with an Effectuation Intervention
LECTURE NOTES IN COMPUTER SCIENCE
Academic Articles
2022
Let’s have a chat!”: A Field Study on Relational Governance in the Evolution of New Venture-Accelerator Relationships
VENTURE CAPITAL
Academic Articles
2022
Leveraging Design Thinking towards the Convergence of AI, IoT and Blockchain: Strategic Drivers and Human-Centered Use Cases
LECTURE NOTES IN COMPUTER SCIENCE
Academic Articles
2021
Unfolding refugee entrepreneurs' opportunity-production process — Patterns and embeddedness
JOURNAL OF BUSINESS VENTURING, Vol. 36, Issue 5
Academic Articles
2021
Gestation in new technology ventures: Causal brakes and effectual pedals
JOURNAL OF SMALL BUSINESS MANAGEMENT
Academic Articles
2021
Design Science in Entrepreneurship: Conceptual Foundations and Guiding Principles
JOURNAL OF BUSINESS VENTURING DESIGN, 1 (1-2)
Chapters
2021
Effectuation-Forschungsergebnisse
In: Effectuation: Wie erfolgreiche Unternehmer denken, entscheiden und handeln, Michael Faschingbauer Schäffer-Poeschel
Academic Articles
2020
Breaking through innovation barriers: linking effectuation orientation to innovation performance
EUROPEAN MANAGEMENT JOURNAL, 38(3), 425-434