Goal 8: Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
University of Auckland named Entrepreneurial University of the Year
The University of Auckland was named 2020 Entrepreneurial University of the Year at the Asia-Pacific Triple E Entrepreneurship and Engagement Excellence Awards in Higher Education. Other contenders for the category included entrepreneurial superstars such as Tel Aviv University, the University of Adelaide, University of Technology Sydney and Malaysia’s Management and Science University. Professor Thorsten Kliewe, Chair of ACEEU and the Triple E Awards, said “On behalf of ACEEU and the Triple E Awards team I would like to congratulate the University of Auckland for winning the Entrepreneurial University of the Year award. The University is a great example on how entrepreneurship can be at the heart of a higher education institution. With the Centre for Innovation and Entrepreneurship and the University’s Unleash Space, the university hosts impressive support services that students, staff and the wider community access, and this ultimately fosters entrepreneurial activity and creates the societal impact that we like to see in Entrepreneurial Universities.” Read more.
A legacy of creating thriving entrepreneurs
The critical role alumni play in bolstering the New Zealand economy has been revealed in a survey of University of Auckland alumni, conducted by an independent research company. The survey reinforces the University’s vision to cement innovation and entrepreneurship as part of its DNA. Responses from more than 4,000 graduates dating back to 1940 have been extrapolated to show that 26 percent of alumni have founded an estimated 43,500 companies here and overseas and created approximately 383,000 jobs since the 1960s. One of the most striking statistics is the survival rate of businesses after five years – more than double the national average. (Alumni survey of graduates from 1948 to 2018) Read more.
Entrepreneurs on campus
A survey of the University of Auckland’s students found that about 15% of them are currently planning a business, and a whopping 36% hope to have founded their own business within five years of graduating. Unexpectedly, the survey also found that 7% are already running a business while they are a student. A survey of alumni found a similar result: among those who had graduated since 2010, 10% are employed in a business they started before graduating. This means there may be about 3,300 businesses being run by current University of Auckland students. Read more.