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| Society for Innovation and Entrepreneurship | |
|---|---|
| Name | Society for Innovation and Entrepreneurship |
| Formation | 21st century |
| Type | Professional association |
| Headquarters | Global |
| Region served | International |
| Language | English |
| Leader title | President |
Society for Innovation and Entrepreneurship is a professional association dedicated to advancing innovation and entrepreneurship through networks of practitioners, scholars, investors, and policymakers. The organization convenes stakeholders from arenas including Silicon Valley, Cambridge, Massachusetts, Shenzhen, Bengaluru, and Tel Aviv to translate research into venture formation, policy advice, and curriculum design. It operates via chapters, conferences, incubators, and publications that connect actors such as Stanford University, Massachusetts Institute of Technology, Harvard Business School, Y Combinator, Techstars, and Kauffman Foundation.
The Society traces its roots to cross-sector initiatives influenced by entities like Bell Labs, Xerox PARC, DARPA, European Space Agency, National Science Foundation, and Wellcome Trust, responding to shifts exemplified by dot-com bubble, Global Financial Crisis, and COVID-19 pandemic. Early conveners included leaders from General Electric, IBM, Microsoft Research, Apple Inc., Google, and Amazon (company), alongside academics from Oxford University, University of Cambridge, Columbia University, University of California, Berkeley, and University of Pennsylvania. Milestones involved collaborations with consortia such as World Economic Forum, OECD, UNESCO, and World Bank to shape regional initiatives inspired by Silicon Roundabout, Silicon Wadi, and Route 128. The Society evolved through alliances with incubators like Plug and Play Tech Center, accelerators such as 500 Startups, and corporate venture arms including Intel Capital and Sequoia Capital.
The Society's mission reflects principles championed by figures like Joseph Schumpeter, Peter Drucker, Clayton Christensen, Eric Ries, and Steve Blank and institutions like Kauffman Foundation and National Institutes of Health. Its objectives include fostering translational research between universities such as Princeton University and Yale University and industry partners including Siemens and General Motors, promoting entrepreneurship education modeled on programs at INSEAD, London Business School, Wharton School, and Sloan School of Management, and advising policy across jurisdictions such as European Union, United States, China, India, and Israel. The Society advances standards seen in awards like the MacArthur Fellows Program, Royal Society medals, Turing Award, and the Nobel Prize in applied contexts.
Governance mirrors frameworks used by IEEE, Association for Computing Machinery, American Economic Association, and Royal Society of Arts with a board comprising representatives from universities, corporations, and philanthropy such as Bill & Melinda Gates Foundation, Rockefeller Foundation, Chan Zuckerberg Initiative, and Ford Foundation. Operational units include regional chapters modeled after StartupBlink hubs in Berlin, Singapore, São Paulo, and Cape Town, thematic councils on topics exemplified by blockchain, biotechnology, artificial intelligence, clean energy, and space exploration. Leadership roles parallel titles used at Harvard University, MIT Media Lab, Stanford d.school, and professional societies like American Chemical Society.
Core activities include conferences comparable to CES, SXSW, Web Summit, and TechCrunch Disrupt, research fellowships akin to Humboldt Fellowship and Fulbright Program, incubator partnerships with MassChallenge and Seedcamp, and policy rounds modeled on Davos and Munich Security Conference. Educational offerings draw on curricula from Coursera, edX, Udacity, and executive programs at IE Business School. The Society publishes journals and white papers in the tradition of Harvard Business Review, Nature Biotechnology, Science Translational Medicine, and Journal of Business Venturing, and hosts pitch events tied to investors like Andreessen Horowitz, Accel Partners, Benchmark Capital, and SoftBank Group.
Membership categories follow models used by Rotary International, Chamber of Commerce, Young Presidents' Organization, and Entrepreneurs' Organization with student, academic, corporate, and investor tiers. Governance combines bylaws inspired by Chartered Institute of Management Accountants and membership voting practices seen at American Bar Association and Royal Academy of Engineering. Advisory councils include practitioners from Tesla, Inc., SpaceX, Pfizer, Moderna, Roche, and Boeing, alongside academics from University of Chicago, University of Michigan, Carnegie Mellon University, and Imperial College London.
The Society collaborates with research centers like Broad Institute, Salk Institute, CERN, Lawrence Berkeley National Laboratory, and Fraunhofer Society, and with investors such as BlackRock, Goldman Sachs, SoftBank, and Temasek Holdings. It partners with governments and agencies including UK Research and Innovation, Japan Science and Technology Agency, Singapore Economic Development Board, California Governor's Office of Business and Economic Development, and subnational innovation districts like Cambridge Innovation Center. Academic partnerships extend to National University of Singapore, Tsinghua University, Peking University, University of Melbourne, and McGill University.
The Society's impact is visible in spinouts that mirror successes like Airbnb, Dropbox, Stripe, Palantir Technologies, Moderna (company), and BioNTech, and in policy frameworks influenced by reports from OECD, World Bank, and European Commission. Recognition includes awards comparable to Prince Philip Prize, Queen Elizabeth Prize for Engineering, Skoll Award, and listings in rankings such as Forbes and Bloomberg. Evaluations cite influence on ecosystems including Route 128, Silicon Fen, Shenzhen Special Economic Zone, Nairobi's Silicon Savannah, and Bangalore.