Brad Feld Fireside Chat_BIFETE Page Header

Butler Institute for Free Enterprise Through Entrepreneurship

The Butler Institute for Free Enterprise Through Entrepreneurship at Babson College facilitates exploration at the intersection of government, business, and society by considering how policies, social values, and ethical business influence entrepreneurship, free enterprise, and prosperity for all. 


The Butler Institute is designed to encourage research and policy outcomes that will affect systems and societies, augmenting the century-long success Babson has had impacting individual entrepreneurs and their organizations.

Areas of Research

The Butler Institute will explore high-level questions such as:

  •  How do different economic systems contribute to economic and social value creation?
  •  What role does entrepreneurship play in creating economic and social value?
  •  Which factors in government, society, and business foster or constrain value creation?
  •  How can entrepreneurship affect social mobility?
  •  How do we design systems that encourage the optimal level of value creation?

It is also the new home for the Global Entrepreneurship Monitor (GEM), the Babson-led research study that has been examining levels of entrepreneurial activity around the globe for two decades.


Our programming aims to inform policy by studying the relationship between entrepreneurship and free enterprise. Longitudinal data will be collected and insights will be regularly shared with local and national policymakers.

Further programming seeks to foster a community of thinkers and business leaders who can examine the policies and practices that create economic and social value for businesses, regions, and economies. Through a combination of lectures, annual summits, and coursework, we will ensure that free enterprise ideas are regularly explored by Babson’s community.

With this approach, the Butler Institute will inform business policy, regulations, and practices and be able to have a macro-level impact.

Visit the Events page to see the Institute's programming. 


Smaiyra M. Million, Executive Director, The Arthur M. Blank Center for Entrepreneurship

Andrew C. Corbett, Ph.D., Faculty Director, The Butler Institute for Free Enterprise Through Entrepreneurship

Cindy Klein Marmer, Associate Director, The Arthur M. Blank Center for Entrepreneurship

Cristina Urdaneta, Program Manager, The Butler Institute for Free Enterprise Through Entrepreneurship

Arthur Brooks - April 19, 2022 - v2

Why Entrepreneurship Is Key to Lifelong Happiness

At an event hosted by the Butler Institute for Free Enterprise Through Entrepreneurship, bestselling author and social scientist Dr. Arthur  Brooks discusses the ingredients to happiness and success. 

Read more
The Pursuit Panel Discussion_BIFETE Homepage Jumbotron

Watch "The Pursuit" Panel Discussion

This student panel discussed the Arthur Brooks documentary The Pursuit, a film which depicts and illuminates personal stories of success made possible by a free-market economic system.