TY - JOUR T1 - From Business Administration to Business Creation: The Case of the Kalevala Global Business Creation School JF - Technology Innovation Management Review Y1 - 2012 A1 - Marko Seppä KW - business creation KW - business school KW - co-creation KW - entrepreneurship KW - knowledge investing KW - Open innovation KW - university AB - Are there any businesses left to administer? The question is of course rhetorical and aimed at underscoring how several societies are more severely in need of creators of new businesses than managers of established ones. And yet, nearly all universities only produce masters of business administration, at best. Apart from theoretical research about business creation, and the education of masters of such research, universities are generally not equipped to produce knowledge for business creation or to produce masters of business creation. This conceptual article calls for a new, complementary approach to research and education, around the theme of global business creation. Due to the limitations and restrictions related to the traditions and practices of the science of business administration, where the means justify the ends, a new exploratory field coined as the “Art of Business Creation,” where the end justifies the means, is being explored for some inspiration. For a concrete solution, the concept of a globally distributed, enterprise-centric, entrepreneurial-faculty-driven, open-innovation-based, and social-media-empowered university entity is depicted in this article. It is a new-generation private-public-partnership and “Living Lab 2.0” referred to as Kalevala Global Business Creation School. The conceptualization draws from observations and action research during the Global Venture Lab Finland experiment at the University of Jyväskylä from 2007 to 2011. PB - Talent First Network CY - Ottawa VL - 2 UR - http://timreview.ca/article/562 IS - 6 U1 - Global Enabler Marko Seppä is “serial co-creator” and knowledge investor specialized in growth venture creation. He was apprenticed as venture capitalist by Panostaja Group, in Finland in the late 1980s. Since 1991, he has led the co-creation of three enabler organizations: FVC, a pioneering venture capital firm for the emerging markets of Russia and the Baltic countries; eBRC, an ambitious e-business research center for a local pilot of eEurope; and GVL Finland, a global venture lab experiment for University Alliance Finland. He holds an MSc in Management from the University of Tampere and a PhD in Corporate Strategy from the University of Jyväskylä. He is currently engaged in the co-creation of Global Enabler: A community, platform and factory of enablers of global business creation for problems worth solving. ER -