The Institute for Business, markets, and society will help others understand and appreciate the role business and markets do, can, and should play in creating lasting prosperity, advancing societal goals, and solving global challenges.
Offer educational programs that help students, business leaders, regulators, and the public better understand the role of business and markets in creating value for society
Facilitate the necessary, and often polarized, discussions on the virtues and criticisms of capitalism to break down ideological walls and elevate the discourse about the role of business in society
Conduct and support evidence-based research that explores the complex interplay of the tensions that influence business in realizing its role.
History has shown that business is a powerful force capable of so much, from growing individual and generational wealth to lifting entire societies out of poverty to driving disruptive innovations like the Covid vaccine. Business is a necessary and influential part of the solution, but the unfortunate reality is that business is increasingly vilified.
Our current cultural moment is marked by a profound re-examination of the values and market mechanisms that underpin our global economy. It is marked by polarized hypercriticism about business, profit, and the competitive, capitalist economic systems in which business operates.
The Institute arrives as a bold statement: that Boston University will lead in redefining the narrative around business and its potential as a force for positive change.
The Ravi K. Mehrotra Institute for Business, Markets, and Society will be a place where actionable research illuminates the path forward, where innovative ideas are nurtured, and where the next generation of business leaders better understand the delicate balance between firm prosperity and societal good.
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