- Individual, Business, and Society Curriculum
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What are the challenges for a more inclusive financial system for entrepreneurs? What insights can be drawn from behavioral economics and the experience of financial institutions and engaged entrepreneurs to overcome barriers to growth?
Hosted by: the Sanford C. Bernstein & Co. Center for Leadership and Ethics
Friday, February 28, 2014
8:45 a.m.– 2:40 p.m.
Venue: The Italian Academy
1161 Amsterdam Avenue (between 117th and 118th streets)
New York (directions and online map).
Please note that all symposium attendees should arrive by 9:00 AM. The program will begin at exactly 9:15 AM.
|8:45 – 9:15 AM||
Breakfast and Registration
|9:15 – 9:35 AM||
Welcome Remarks and Introduction
|9:35 – 10:20 AM||
|10:20– 10:35 AM||
|10:35 – 11:45 AM||
Plenary discussion: What is the Challenge for Inclusive Growth?
Kesha Cash '10
|11:45 AM– 12:00 PM||
|12:00 – 1:15 PM||
Lunch and Keynote Plenary
|1:15 – 2:30 PM||
Behavioral Motivations, Entrepreneurs, and Poverty
|2:30 – 2:40 PM||
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Goodwill Enterprising: Can Entrepreneurship Save Our Cities?, Next American City
GroupMe co-founder Jared Hecht raises $3.4 million to fix small business lending, CNN Money, February 5, 2014
On February 28, 28, 2014 the Sanford C. Bernstein & Co. Center for Leadership and Ethics hosted a half-day conference entitled “Inclusive Growth for Entrepreneurs.” The day was focused around discussing the challenges associated with the development of a more inclusive financial system for entrepreneurs. The day went further in order to examine the insights of behavioral economics and the experiences of financial institutions when understanding how engaged entrepreneurs can overcome barriers to their own growth.
Part 1 features an introduction by Bruce Kogut, Professor and Director of the Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School; remarks by Lew Kaden, Former Vice-chairman of Citigroup; and a keynote presentation by Sendhil Mullainathan , Professor of Economics at Harvard University and Founder of ideas42.
Part 2 features our Plenary discussion entitled "What is the Challenge for Inclusive Growth?" The panel featured Tony Goland, Director at McKinsey & Company, Kesha Cash '10, Director of Investments at JaliaVentures/Impact America, and Erick Brimen , Chief Operating Officer and Vice-President of Finance at CoFoundersLab. The panel was moderated by Gita Johar, Senior Vice Dean and Meyer Feldberg Professor of Business at Columbia Business School.
Part 3 features our keynote plenary, where Noah Breslow, CEO of OnDeck, and Tim Ferguson, Founder, Chair and Managing Partner of Next Street spoke with Suresh Sundaresan, Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia Business School, about the financing opportunities that their organizations can provide to the small businesses who make up the "missing middle."
Part 4 contains a panel of academics presenting their current research in this space entitled "Behavioral Motivations, Entrepreneurs and Poverty." Emily Breza, Assistant Professor at Columbia Business School, presented her work on the question if micro finance fosters business growth. Christopher Blattman, Assistant Professor of International and Public Affairs and of Political Science at Columbia University presented on stimulating youth entrepreneurship in Africa. Ronnie Chatterji, Associate Professor at the Duke University: The Fuqua School of Business, spoke about the dichotomy between the consistent messaging encouraging everyone to become entrepreneurs and the realities of what is necessary to become a successful entrepreneur from an business and policy standpoint. Finally, Amit Khandelwal, Gary Winnick & Martin Granoff Associate Professor of Business at Columbia Business School presented a research experiment where a cost-saving technology was introduced to a company in Pakistan and the implications that credit may have had on the technology's adoption.
Closing remarks by Bruce Kogut , Professor and Director, Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School and Gita Johar, Senior Vice Dean and Meyer Feldberg Professor of Business at Columbia Business School.