Written by Marty Finkler and Claudena Skran
The D-Term course Entrepreneurship in London: From the Mayflower to Brexit featured a variety of different aspects of entrepreneurship, both contemporary and historical.
Additionally, we explored different types of entrepreneurial ventures including: private for-profit, social not-for-profit, and public/ private partnerships. A significant portion of the course was devoted to the regeneration of economic activity for parts of London that had deteriorated and fell into disuse and then have benefited from unique entrepreneurial initiatives. Students selected initiatives to explore in an oral presentation and often revisited these sites.
Our Lawrence traveling classroom was led by two faculty — Marty Finkler and Claudena Skran — and included 10 students representing majors in music, philosophy, art history, biology, psychology, government, economics, theatre arts, and global studies.
We arrived in the Rotherhithe area of south London just after Thanksgiving. The group began with a historic tour of the area, learning about the launch of the Mayflower ship in 1620, and the many connections between seafaring and the subsequent development of the community. At the Brunel Museum, its founder, Robert Hulse, stressed that we were standing inside the tunnel that made possible the very first underground train system in the entire world. Students also celebrated a public theatre event, starring members of the Bubble Theatre group, and volunteered with community members at Time and Talents, one of the oldest social enterprises in the area.
More D-Term: Lawrence students study history of video gaming
From Rotherhithe, the group moved further east to the Docklands area of London, which thrived in the 18th and 19th century and part of the 20th century but lapsed into abandonment by the early 1970s with the rise of large container ships that the Thames River was not deep enough to accommodate. The globalization of the production and trade in material goods further diminished the economic viability of east London in general and Docklands in particular.
As finance for such globalization became a new source of income for London, the city began to expand, but central London could not cost-effectively provide the space needed for such expansion. This led to the development of Canary Wharf, which one of our speakers (Ralph Ward) actively participated in. He briefly described this high rise lavish commercial and financial sector development as well as the need for less lavish housing in east London.
Ward led us on a walk that literally went across the tracks to one of the poorest neighborhoods of London known as Poplar, where he introduced us to Danny Tompkins, who heads Poplar HARCA (Housing and Regeneration Community Association). Tompkins led us around the area and explained how Poplar HARCA regenerated housing opportunities for its residents through a mix of private and public funds and developments. He pointed out the controversy related to selling some of the land for private development in order to have funds for social housing.
The following day we focused on another regeneration effort in the Docklands known as the Canada Water project. This new project envisions a buildout of commercial and residential developments over the next 10 to 20 years. The project director, Roger Madelin gave us an in depth tour of the area, which already features a significant increase in activity around the Canada Water transit station and some of its entertainment venues. Madelin showed us a physical model of the development and explained the different influences and problems that needed to be resolved to complete the project.
Madelin previously led the development of the regeneration of Kings Cross, another area we explored in depth. Kings Cross had fallen into disrepair and disrepute as industrial activities left London in the second half of the 20th century. The development over the past decade took advantage of the two major transportation centers (Kings Cross and St. Pancras) to provide significant office space for Google, Facebook, and Nike as well as many commercial activities. For the most part, these commercial venues now serve upper income groups.
A guide at the Visitors’ Centre provided us with an overview of the history and prospects for the development. On their own, students then explored the fascinating architecture of the new buildings before getting together for lunch and discussion of their observations.
After 10 days in London, we headed to Oxford, to consider how both innovation and entrepreneurship have shaped this historic university town. Students visited the Oxford Foundry, a hub for start-ups, attended a talk by Dr. Evan Easton-Calabria at the Refugee Studies Centre on humanitarian aid, and had lunch with Gil Loescher, the distinguished professor who was awarded an honorary degree from Lawrence.
The student experience
Samantha Torres ’20 was among the students taking part in the D-Term class in London. She shared some of her observations:
I participated in the London Centre program in the Fall of 2018. I had no idea when I’d return, but when I saw the opportunity to go back during D-Term, I knew I had to go back. However, what I thought would become an add-on to my past experience became a stand alone, standout program that offered a completely different taste of London that could only be obtained through insider connections.
Having both professors who’ve previously lived in London made it truly one of a kind and remarkably immersive. Alongside tours, we experienced the idiosyncrasies that make up London. From learning about the inception of the Mayflower to the current debates on Brexit, my cohort was able to identify the complexities that continue to define one of the oldest cities in the world.
During my time at Lawrence, I’ve found the most impactful experiences have been those of the traveling classroom. I’ve had the fortune of traveling to London and Jamaica with Professor Skran, a big advocate for this unconventional learning. And I couldn’t agree with her more. The traveling classroom model has taught me that there are intangible lessons that cannot be learned through lectures or textbooks.
Life lessons I’ve learned were ones that provided personal development and an independence that traditional classroom settings simply can’t challenge you to do. There’s a whole world out there, and sometimes you need to experience it to learn from it. As a Lawrentian, we are encouraged to go beyond. Because of the traveling classroom, I’ve been able to go beyond places I could ever imagine.
Marty Finkler is the John R. Kimberly Distinguished Professor Emeritus of the American Economic System and a professor of economics, and Claudena Skran is the Edwin and Ruth West Professor of Economics and Social Science and a professor of government.