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Boston University launches Ravi K. Mehrotra Institute for Business, Markets and Society
The institute aims to explore business's role in solving global challenges and advancing societal progress.
A conversation between Mehrotra and Questrom Dean Susan Fournier / Image - Boston University
Boston University’s Questrom School of Business officially launched the Ravi K. Mehrotra Institute for Business, Markets and Society on Sept. 19.
Established through a gift from UK-based business tycoon Ravi K. Mehrotra, founder of the Foresight Group, London, and a former marine engineer, the institute, led by Director Marcel Rindisbacher, will focus on both research and public engagement.
The launch event featured a conversation between Mehrotra and Questrom Dean Susan Fournier and included a panel discussion with industry leaders such as Anthony Allott, chairperson of Silgan Holdings, and Om Prakash Bhatt, former chairman of the State Bank of India. Lawrence H. Summers, former U.S. Secretary of the Treasury, delivered the keynote speech at the event’s dinner.
“An institute dedicated to exploring the intersections of business, markets, and society plays a pivotal role in bridging gaps in understanding and collaboration between these crucial domains fostering a more informed, ethical, and sustainable approach to commerce and economics,” Mehrotra said.
Fournier emphasized the Institute’s role in bridging gaps in public understanding of business. “We have much work to do as academic institutions of business, and the Mehrotra Institute is positioned to realize and harness the potential of business and markets to affect positive change around the globe,” she said.
The Institute’s priorities include developing educational initiatives, fostering dialogue on capitalism, and producing evidence-based research that balances firm prosperity with societal goals. It will also support events and dialogues designed to improve public knowledge about the responsibilities of businesses in today’s global economy.
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