Professor Piero Formica started his career as an economist at the OECD Economic Prospects Division in Paris, then moving to academic institutions. Professor Formica is Founder of the International Entrepreneurship Academy and was Professor of Economics with a special focus on innovation and entrepreneurship at the Jönköping International Business School in Sweden.
Winner of the Innovation Luminary Award 2017, Prof Piero Formica is a Senior Research Fellow with the Innovation Value Institute of Maynooth University in Ireland. He is a Guest Professor at the Contamination Lab of the University of Padua and the Business School Esam in Paris. He is also an Advisor of the Cambridge Learning Gateway.
Professor Formica is a Councilor of the World Certificate Institute, a global certifying body that grants credential awards to individuals as well as accredits courses of organizations, and member of the International Advisory Panel of Amrita Center for Responsible Innovations and Sustainable Enterprises (ARISE), Amrita University, India, the Entovation Knowledge Management Network, and IKED (the International Organisation for Knowledge Economy and Enterprise Development).
Professor Formica received several awards and honors that include a Honorary Professor bestowed by the University of Mar del Plata (Argentina), a Guest Professor at King Saud University (Saudi Arabia) and at Curtin University of Technology, Curtin Business School (Perth, WA); a Special International Professor of Knowledge Economics and Entrepreneurship at Beijing University of Aeronautics and Astronautics (China); an International Professor of Knowledge Economics and Entrepreneurship at the Higher Colleges of Technology, United Arab Emirates; a Senior Research Fellow of the Enterprise Research and Development Centre Business School at the University of Central England in Birmingham; a Visiting Professor of Knowledge Economics and Entrepreneurship at the Jean Monnet Faculty of Political Studies (Second University of Naples, Italy); a member of the Advisory Council of the Institute for Enterprise and Innovation at the University of Nottingham, and a member of the Board of Governors of the University of Bologna, Italy, where he held the professorship of Economics of Innovation in the Masters of Business Law and Technology Management.
In 2017, Professor Formica received the Innovation Luminary Award from the Open Innovation Strategy and Policy Group for his work on modern innovation policy. Professor Formica serves as board member of Industry & Higher Education; the International Journal of the Knowledge Economy; the International Journal of Social Ecology and Sustainable Development; the Journal of Global Entrepreneurship Research; the South Asian Journal of Management; and Frontiers in Education. He writes for the digital edition of Harvard Business Review.
Professor Formica has extensively published in the fields of knowledge economics, entrepreneurship and innovation. His most recent published works include: The Experimental Nature of New Venture Creation: Capitalizing on Open Innovation 2.0 (Springer, 2013), co-edited with Professor Martin Curley (former VP Intel Co.), Stories of Innovation for the Millennial Generation: The Lynceus Long View (Palgrave Macmillan, 2013), The Role of Creative Ignorance: Profile of Pathfinders and Path Creators (Palgrave Macmillan, 2014), Grand Transformation towards an Entrepreneurial Economy: Exploring the Void (Emerald Group Publishing, 2015), Entrepreneurial Renaissance: Cities Striving Towards an Era of Rebirth and Revival (Springer, 2017), Exploring the Culture of Open Innovation: Towards an Altruistic Model of Economy (Emerald Group Publishing, 2018), Innovation and the Arts: The Value of Humanities Studies for Business (Emerald Group Publishing, 2020), ECONAISSANCE: The Reimagined School and the Culture of Entrepreneurialism (Emerald Group Publishing, 2020), Nature’s Voice: Health and Humanities (bioGraph, 2020), and IDEATORS. Their Words and Voices (Emerald Group Publishing, 2022).