Asia School of Business

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Asia Business School’s Professor Michael Frese receives prestigious Global Entrepreneurship Award

Kuala Lumpur, 6 March 2024 – Asia Business School’s Professor Michael Frese, a leading figure in the field of entrepreneurship research, has been awarded the prestigious Global Entrepreneurship Award in Stockholm, Sweden. Established in 1996, the Award celebrates exceptional research that has profoundly shaped the field, and acknowledges Professor Frese’s ground-breaking research and significant contribution of psychology to entrepreneurship theory and to small business development as well as training research for entrepreneurship.

“I am absolutely delighted to accept the Award,” said Professor Frese. Professor Frese’s research delves into the psychological factors that drive entrepreneurial actions and success. He pointed out that his personal motivation for his life’s work stems from his desire to use entrepreneurship research as a powerful tool for poverty reduction. “As a psychologist I wanted to contribute to the economic growth of less-privileged countries. I envisioned empowering individuals through entrepreneurship to actively participate in their country’s economic development,” he explained.

“I am interested in entrepreneurial actions and how to improve them with high motivation and skills by nurturing their self-starting mindsets and future-oriented thinking; a mindset that enables them to develop opportunities, and to anticipate and handle problems, especially in challenging economic environments. I also aimed to increase the number of entrepreneurs in poorer countries to enhance the number of job providers” Professor Frese added.

The Prize Committee that selects recipients for the Award each year, recognized Professor Frese for the originality, impact, and lasting contribution of his research to entrepreneurship scholarship. The prize committee gave the award this year also to Professor Robert Baron.

Professor Ivo Zander, Chair of the Prize Committee explained, “Professor Frese’s research embodies the spirit of the Global Entrepreneurship Award. His dedication to advancing our understanding of entrepreneurship has not only enriched the field and inspired new generations of entrepreneurship researchers, but also empowered countless individuals and communities around the world.”

This prestigious award further solidifies Professor Frese’s standing as the most influential entrepreneurship researcher in Asia and Europe. He contributed nearly 200 peer-reviewed articles to scholarly journals (such as Science, Academy of Management Journal, Journal of Applied Psychology, Journal of Business Venturing, Entrepreneurship Theory and Practice), about 200 book chapters, edited and wrote about 30 books and special issues. With over 78,000 citations (h-index=121) he is one of the most cited scholars in entrepreneurship and management worldwide, and his scientific influence counts among the top two percent of management scholars worldwide.

Professor Frese is an essential faculty member of Asia School of Business in Malaysia. His world-renowned entrepreneurship research is well aligned with ASB’s positioning as one of the top-tier business research centres helmed by forward-thinking faculty solving real world problems with its specialists in finance, central banking, fintech, pension funds and regional and global trade and supply chains. ASB also includes experts studying the region’s political economy, and its sustainability in agriculture and businesses.


About Asia School of Business (ASB)
Challenge conventional thinking and create change beyond business. Established in 2015 by Bank Negara Malaysia in collaboration with MIT Sloan School of Management (MIT Sloan), Asia School of Business (ASB) is committed to developing transformative and principled leaders who will create a positive impact in the emerging world and beyond.

ASB offers postgraduate courses (including Asia’s only Master in Central Banking) as well as corporate programmes designed for busy professionals to upskill themselves with short, accelerated courses. Each course is self-contained and crafted to provide leaders with the essential knowledge, skills & tools to navigate in today’s complex world.

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This release is issued by Suppagood on behalf of Asia School of Business.
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