Michael Frese How Can an Entrepreneurial Mindset be Developed to Encourage Poverty Reduction?

Michael Frese is the Head of the Department of Management and Organization at the National University of Singapore Business School and is Professor of Psychology at Leuphana University, Lüneberg. He has previously held appointments at the University of Pennsylvania, the University of Amsterdam and London Business School. His main research interests include stress and unemployment, innovation and innovation processes and the psychology of entrepreneurship. The most cited management scholar in both Germany and the Asia-Pacific Region, Frese received the Distinguished Career Contributions Award from the German Psychological Association in 2016.

Area of Research

Strategic Management

since 2009

Field Editor

Journal of Business Venturing

2009

Tenured Professor

National University of Singapore

Department of Management and Organiszation

2009-2009

Visiting Professor

Makere University Business School

2006-2010

Officer

International Psychoanalytic University

2003-2004

Visiting Professor

Michigan State University

2003-2003

Visiting Professor

University of Maryland

2002-2006

President

International Association of Applied Psychology

2001-2009

Visiting Professor

University of Göttingen (Georg-August-Universität Göttingen)

since 2000

Visiting Professor

Zheijiang University

1998-2002

President-Elect

International Association of Applied Psychology

1991-1998

Journal Editor

International Association of Applied Psychology

1995-2000

Chair for Work and Organizational Psychology

University of Amsterdam

1991-2009

Chair for Work and Organizational Psychology

Justus Liebig University Giessen (Justus-Liebig-Universität Gießen)

1984-1991

Tenured Professor of Work Psychology

Ludwig Maximilian University Munich (Ludwig-Maximilians-Universität München)

Department of Psychology

1976-1980

Scientific Assistant

Technical University of Berlin (Technische Universität Berlin)

Department of Educational and Societal Science

1978-1978

Ph.D. (Dr. phil)

Technical University of Berlin (Technische Universität Berlin)

1976-1976

Diploma (Dipl.-Psych.)

Free University of Berlin (Freie Universität Berlin)

1971-1971

Vordiplom

University of Regensburg (Universität Regensburg)

Prizes

- The 2016 Emerald Africa Academy of Management Trailblazer Award

- Distinguished Scientific Contributions Award by the Society for Industrial and Organizational Psychology (2015)

- Greif Award for most influential entrepreneurship publications of last 6 years 2015 awarded at AoM conference

- Ranked second in citations for economists in Germany (FAZ-Rankings 2015 for research citations)

- Best Reviewer Award by Academy of Management Journal (2015)

- Ranked among the 10 most cited entrepreneurship scholars at Google Scholar

- Ranked among the 10 most cited organizational psychology scholars at Google Scholar

- Oustanding Researcher Award from NUS Business School (2012)

- Best Researcher Award from Leuphana University, Lueneburg, Germany (2012)

- Best Paper Award 2005 by Center for Creative Leadership

- Best paper award in 2006 for best paper since last 10 years in JOHP

Fellowships

- Fellow of the Academy of Management (2014)

- Fellow of the International Association of Applied Psychology, IAAP (2014)

- Elected Fellow of Society of Industrial and Organizational Psychology (SIOP, division of APA), 2000

Good entrepreneurs play a key role in helping poor countries to prosper. In this video, MICHAEL FRESE asks us to consider the fundamental importance of psychological mindset in the development of successful entrepreneurs. Over a two year period, Frese analyzed outcomes achieved by groups of entrepreneurs that had received different forms of training and found that individuals who had been trained to develop an entrepreneurial mindset had been (on average) 30% more profitable. With important implications for poverty reduction in the developing world, backed by the World Bank, Frese is looking at extending his study to countries including Jamaica, Ethiopia, and Mozambique.

LT Video Publication DOI: https://doi.org/10.21036/LTPUB10621

Teaching Personal Initiative Beats Traditional Training in Boosting Small Business in West Africa

  • Francisco Campos, Michael Frese, Markus Goldstein, Leonardo Iacovone, Hillary C. Johnson, David McKenzie and Mona Mensmann
  • Science
  • Published in 2017
Francisco Campos, Michael Frese, Markus Goldstein, Leonardo Iacovone, Hillary C. Johnson, David McKenzie and Mona Mensmann. "Teaching Personal Initiative Beats Traditional Training in Boosting Small Business in West Africa." Science 357 (2017): 1287–1290. doi:10.1126/science.aan5329.