London Business School Receives Two and Half Million Pound Donation to Support Entrepreneurship and Innovation
The London Business School will establish a faculty chair in Entrepreneurship and Innovation after receiving a two and a half million pound contribution from Sir Donald Gordon, one of the world’s most successful entrepreneurs and businessmen.
“My gift will help the School encourage its aspiring leaders to better understand the nature and practice of entrepreneurship and innovation.” he commented. The founder of Liberty Life and Liberty International, and cofounder of Abbey Life, Sir Donald has developed several other prominent global businesses including Standard Bank and South African Breweries (now called SABMiller).
Entrepreneurship is already one of London Business School’s most distinguished programs, and ranks as one of the top three subjects in size. Now, thanks to Sir Donald’s generous donation, Associate Professor of Strategic and International Management Michael G. Jacobides will become the Sir Donald Gordon Associate Professor of Entrepreneurship and Innovation and chair the program. A faculty member since 2000, Professor Jacobides has completed award-winning research on how industries evolve and change over time. In response to his new role, he said, “I am honoured to serve as the Sir Donald Gordon Associate Professor of Entrepreneurship and Innovation. . . . Sir Donald’s generosity will help support research on innovation, change and entrepreneurship that can benefit not only entrepreneurs, but also society as a whole.”
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Would a donation to an MBA program in support of your future career influence your decision to apply?
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It depends on how the school chooses to use the donation. A scholarship would be useful!