
Ignacio de la Vega believes that entrepreneurship’s day is dawning, particularly with the growth of venture capital financing and the emergence of business angels, thought severely affected by actual economic downturn, the future is bright. “There is also a huge improvement in the cultural environment that is benefiting entrepreneurs and their activities, even recession is bringing into the system a growing desire to foster entrepreneurial activities in any government strategy” he says. “And so people, and companies, are getting into the entrepreneurial arena.” Ignacio de la Vega is currently working with large firms, like GE, Siemens, Banesto, iberdrola, Pfizer and others, in the development of corporate entrepreneurship activities.
What is still missing, he says, is sufficient support - not just financial but also in terms of information and in tax treatment - on entrepreneurship, this is a gap he believes he and his colleagues can help fill. “This used to be a very dark area with little information and support available. We’re trying to bring some light into that,” he says. "let's not forget that entrepreneurship is the major force in creating employment, collective wealth and innovation". This can be found in the Global Entrepreneurship Monitor (GEM) that Instituto de Empresa and De la Vega lead in Spain (www.ie.edu/gem) and which Global Board he leads as well.
The fact that he is author of three books on entrepreneurial management gives Prof de la Vega great credibility in this mission, as does his role as director and founder of the International Centre for Entrepreneurship and Ventures Development (ICEVED) at IE, developing among other projects the Venture-Lab Caja Madrid BP competition. Also his role as active entrepreneur and investor allows De la Vega to bring back to the classrooms real and exciting examples and cases. Prof. De la Vega is also very active in the communication arena, acting regularly in TV shows, writing in the main papers and magazines and having his own Blog (http://blogs.expansionyempleo.com/blogs/web/vega.html?).
Another exciting new area for Prof de la Vega is the increasingly popular field of social entrepreneurship whereby non-profit and community organisations can become more efficient through the use of entrepreneurship techniques. “We have a competition for technology-based firms that allows non-profit organisations and multisectorial entrepreneurs and SME´s to develop their projects with an entrepreneurial point of view together with Orange and BANESTO, Escuela Banespyme-Orange” he explains (www.banespymeorange.org). “And we are also working in the development of competition for social projects together with the Sumaq alliance for students at all the member schools”
Academic Background
PDH Candidate,IE University
MA in International Affairs, The Fletcher School of Law and Diplomacy, USA
Degree in Law with Honours, Universidad Complutense de Madrid, Spain
EECPCL, Harvard Business School, Harvard University, USA
Programme of Instruction for Lawyers, Harvard Law School, USA
International Teachers Programme, Harvard Business School. Imparted at IAE Marseille.
Corporate Entrepreneurship Programme, Babson College, USA
Academic Experience
Professor of Entrepreneurship and Strategic Management, Instituto de Empresa, 1989 to present
Visiting Professor in Universities and Business Schools in Europe, Asia and Latin America.
Director of Strategic Development, Instituto de Empresa, 1998 to present
Director & Founder, International Centre for Entrepreneurship and Ventures Development, Instituto de Empresa, 1998 to present
Chair of Entrepreneurship Department, 1998 to 2003
Director of Strategic Development and Professor of Entrepreneurship and Strategy, Instituto de Empresa, Madrid, Spain, 1989 to 1994
Research Assistant, Universidad Complutense de Madrid, Spain, 1982 to 1985
Corporate Experience
Investor and Entrepreneur. Consejero and Consultant
World Chairman, GEM
Chairman and CEO, Instituto Madrileño de Desarrollo, Madrid, Spain, 1998
General Director of Commerce, Foreign Promotion and Consumption. Consejería de Economía y Empleo, Comunidad Autónoma de Madrid, Spain, 1996 to 1998
General Director, Instituto Madrileño de Desarrollo, Madrid, Spain, 1995
General Director of New Projects and Development Department, Grupo SIGLA, SA, Madrid, Spain, 1987 to 1989
Trainee lawyer for the Legal, Personnel and International Division, Banco Central, Madrid, Spain, 1985 to 1986
Researcher for the Legal Department of the Spanish subsidiary of Vulkan, Germany, Vulkan Española, Madrid, Spain, 1983
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