Olav Sorenson, the Frederick Frank ’54 and Mary C. Tanner Professor of Management at Yale SOM, is the 2018 winner of the Global Award for Entrepreneurship Research, recognizing contributions to scholarship on entrepreneurship and small business development.
The award is presented by the Swedish Entrepreneurship Forum and the Research Institute of Industrial Economics; sponsored by VINNOVA, the Swedish innovation agency; and supported by the Stockholm Chamber of Commerce.
Sorenson was recognized for research “showing how entrepreneurial activity and innovation are strongly embedded in socially and spatially bounded relationships.” His research has examined the geography of venture capital, the role of diversity in innovation, and the potential of crowdfunding to reshape entrepreneurship, among other topics.
Sorenson will receive the award in a ceremony in Stockholm on May 14. He will receive a statuette designed by the Swedish sculptor Carl Milles and a prize of €100,000.