LSE Director John Ashworth contacted Keith Mackrell to discuss whether LSE's research findings could be commercialised. Keith says: 'At that time a number of science and engineering based universities were setting up Enterprise companies to develop and commercialise their research findings. The principal question was whether the idea was applicable to a social science institution.'
Its primary objectives as LSE's commercial arm were to enhance the School's financial position in support of its core activities of teaching and research and to enhance its contacts with business, governments and the external community.
First board meeting, chaired by Keith Mackrell. Most other members were drawn from officers and leading academics of the School.
The company consists of two part-time staff in the spare room at the back of the finance division. Adam Austerfield, now directing Spanish and Latin American activities, recalls, “I was making the tea and running around a lot. No email. No internet. Antediluvian.”
"When I arrived at 'ELSE' in 1998, we had a full time secretary and a couple of graduate students helping out part-time."
Peter Hirst, CEO, visited New Delhi to sign an agreement with IPE India Ltd.
The project aimed to advance understanding of key issues surrounding strategic developments in the clearing and settlement industry.
Simon Flemington takes over as CEO of LSE Enterprise.
A friendly professor from LSE’s International Relations Department suggested I get in touch with LSE Enterprise. Global Dimensions, a BP funded programme run by LSE Enterprise at the time, needed help with a couple of upcoming events in Russia, and I just happened to knock on the door around then – et voilà! I believe so much more can be done in sharing LSE’s knowledge and expertise around the world via custom programmes. So the more on-going dialogue we have across LSE – uncovering things new, perhaps even suggesting something – the more benefit and impact we can share.
Our joint venture with the world's top-ranked custom executive education provider enables the two organisations to design education to meet increasingly complex global business problems. To date, the joint venture has designed and delivered several hundred successful programmes covering numerous industries across Europe, North America, Africa and the Middle East.