Achievement in the Arts Award – Reunion 2006

When David Audretsch came to Drew from Poughkeepsie, New York, he hoped to be a physicist –until Professor Jerome Cranmer introduced him to economic thought.  Thirty years after graduation, as an award-winning economist and prolific scholar, he is outspoken in thanking Drew for preparing him for an impressive career.

After graduating magna cum laude, David went on to the University of Wisconsin.  In 1980, after earning M.S. and Ph.D. degrees in economics, he joined the faculty of Middlebury College.  In his career he has constantly handled multiple responsibilities involving teaching, research, publication, and consulting.

While at Middlebury David became involved with the Wissenschaftszentrum Berlin fuer Sozialforschung; David lived in Berlin for 12 years and served as acting director of the organization from 1989 to 1991.  Since 1998 he has held Indiana University’s Ameritech Chair of Economic Development and directed Indiana’s Institute for Development Strategies, to which he has added the directorship of the Entrepreneurship, Growth and Public Policy Group of the Max Planck Institute of Economics (since 2003).  He also teaches geography at Indiana, and is actively involved with three other organizations in Germany, London, and The Netherlands.  In addition, he serves as consultant to the Science, Technology and Economic Policy Board of the National Research Council at the National Academy of Sciences and consultant at the World Bank.  He has consulted with a wide range of corporations and government agencies at home and abroad.  His most recent book, Entrepreneurship and Economic Growth, was just published in April 2006 by Oxford University Press.  His list of publications is extensive.

David takes great satisfaction in having introduced a new field in economics:  the study of entrepreneurs.  And he is quick to praise the liberal arts at Drew for equipping him to reason, to question, to make new connections, to think creatively in a way that has enabled him to develop new areas of economic thought and to be a positive force all around the globe.  Most significant among his awards was the 2001 International Award for Entrepreneurship and Small Business Research, given by the Swedish Foundation for Small Business Research.  But if you ask him his greatest professional satisfaction, he is quick to mention his selection as an outstanding teaching assistant when he was a graduate student.  And as Traphagen Speaker at Drew in 2003, he brought his expertise back to The Forest.

Other satisfactions include music, hiking, and, above all, his family.  David and his wife, Joanne, live in Bloomington, Indiana with their three sons, Alex (15), James (11), and Christopher (7).