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Washington University in St. Louis News & Information > News Topics > Business & Economics >

Entrepreneurship

Related News Clips:

Showing Entrepreneurship Clips 1 through 19 of 19.  - Show Home
Show Entrepreneurship Home Page
Keeping a True Identity Becomes a Battle Online

Since Facebook started giving out customized Web addresses last Friday, some 9.5 million people have rushed to grab their top choice. But for people signing up for these accounts, the battle over domain names is taking place in murky waters. WUSTL student Jeremy Fancer comments.


References:
  1. June 18, 2009 — Keeping a True Identity Becomes a Battle Online in the The New York Times
and 3 others.
How to Win a Business Plan Competition

Since their advent in 1984, more than 50 American colleges and universities host business plan competitions, yielding prizes worth more than ever. Still, it's really not about the money, says Cliff Holekamp, a senior lecturer in entrepreneurship at WUSTL's Olin business school, which hosts multiple competitions, including the recently introduced Social Entrepreneurship and Innovation Competition, a do-good variation with a $150,000 prize pool.


References:
  1. June 11, 2009 — How to Win a Business Plan Competition in the The New York Times
When Second Really Is the Best

In industry after industry, entrepreneur after entrepreneur is saying the same thing: Being first can surely be an advantage, but so can being second. Those who follow a market leader can actually be more successful in most cases, says WUSTL business strategy professor Anne Marie Knott, who discusses second-to-market advantages on the first day of her entrepreneurial studies class.


References:
  1. June 9, 2009 — When Second Really Is the Best in the U.S. News & World Report online
GMAT Cheating Controversy Grows

A cheating scandal that has engulfed the B-school world grew vastly larger on June 27, when the Graduate Management Admission Council (GMAC) said the number of prospective MBA students facing questions about their entrance exams now totals more than 6,000 -- six times the original estimate.
WUSTL's Joe Fox, head of the MBA programs, comments.


References:
  1. June 27, 2008 — GMAT Cheating Controversy Grows in the BusinessWeek online
Extracurriculars That Count

More isn't always better when it comes to extracurriculars listed on your college application.

Nanette Tarbouni, WUSTL undergraduate admissions director, talks about the importance of extracurriculars in undergraduate applications.


References:
  1. Feb. 24, 2008 — Extracurriculars That Count in the BusinessWeek.com
Resources for students looking to start a business

WUSTL offers its young entrepreneurs advisers, storefront space and advice on raising money and paying taxes.

There is a growing number of college students interested in starting a business.
Experts point to a growing skepticism about job security as one of the motivations.
The Internet also has helped, making it possible to set up and run a business from a dorm room at a fraction of the cost of renting office space.
Article offers some pointers, such as using college resources. For example, WUSTL runs an entrepreneurial program that gives students access to advisers, storefront space and other useful tools, including information on raising money and paying taxes.


References:
  1. Aug. 18, 2007 — Resources for students looking to start a business in the Chicago Tribune
Ways to teach your children to find the work they love

Article offers advice on how to find your life's work.
Blame it on career anxiety, college counselors say. For a variety of reasons, many young adults are more anxious about career preparation than previous generations.
The apprehension often begins with the college-admissions race. After striving to win acceptance to competitive colleges, many think they should have "an equally strategic approach to their post-graduate plans," says WUSTL's assistant vice chancellor Karen Levin Coburn.


References:
  1. Aug. 2, 2007 — Ways to teach your children to find the work they love in the The Wall Street Journal
and 1 others.
No Ideas? You're Not Alone

WUSTL's Keith Sawyer comments on ways businesses can take advantage of employees' creativity.

Conventional wisdom has it that breakthrough ideas come only from the minds of geniuses. Edison, Tolkien, Darwin -- history's biggest brains are responsible for its biggest innovations. Many companies are organized with this idea in mind.
But creativity isn't a solitary affair -- and it's not the exclusive domain of the brilliant and gifted. In fact, research shows that people working in groups are far more innovative than previously thought.
WUSTL education and psychology professor Keith Sawyer offers advice on what businesses can do to take advantage of their employees' creativity.


References:
  1. June 10, 2007 — No Ideas? You're Not Alone in the U.S. News & World Report
Entrepreneurship 101

Hundreds of U.S. colleges and universities have awakened to the fact that many of their graduates are likely to work for themselves someday. Many are bolstering their courses and extracurricular activities for aspiring entrepreneurs and helping students create businesses before graduation.
And many campuses are teaching entrepreneurship beyond the business school, to get students in other disciplines interested in business development.
Ken Harrington, managing director of WUSTL businss school's Skandalaris Center for Entrepreneurial Studies, talks about our program.


References:
  1. March 19, 2007 — Entrepreneurship 101 in the The Wall Street Journal
Keeping the Fruits of Research Close to Home in St. Louis

WUSTL and Chancellor Emeritus Danforth play key role in research stronghold in St. Louis.

Article on the efforts of WUSTL chancellor emeritus William Danforth and civic leader John Dubinsky to reorient the business climate in St. Louis. St. Louis has great research institutiions like WUSTL, but "we have not done so well with the commercialization of that science."
In 2001, Danforth -- along with a number of other business and civic leaders -- founded the Coalition for Plant and Life Sciences, a nonprofit group. The goal was to jump-start St. Louis' nascent biotechnology industry by providing both new and mature companies with increased access to financing and up-to-date facilities.


References:
  1. Feb. 7, 2007 — Keeping the Fruits of Research Close to Home in St. Louis in the The New York Times
YouTube community fears they'll be pushed out after Google acquisition of the video Web site

Law professor Jennifer Rothman comments on YouTube copyright issues.

After landing a $1.65 billion deal to sell their video sharing Web site to Google, the co-founders of YouTube did the obvious: They posted a goofy, unrehearsed video, thanking the YouTube community for its support.
But what does the deal mean for the user community? YouTube has consistently relied on the safe harbor provision of the Digital Millenium Copyright Act of 1998 as a shield against lawsuits. However, that doesn't mean individual users who post copyrighted material won't be sued. YouTube explicitly states that such users are liable.
WUSTL law professor Jennifer Rothman comments.


References:
  1. Oct. 11, 2006 — YouTube community fears they'll be pushed out after Google acquisition of the video Web site in the Associated Press
and 85 others.
Universities selected for nanotech research

WUSTL is one of seven university consortia selected by the National Cancer Institute to spearhead research hubs called Centers of Cancer Nanotechnology Excellence, which will bring together academic laboratories and private firms to develop anti-cancer products.
The research involves the use of molecular-scale nanotechnology devices to detect and destroy tumor cells.
From the Post-Dispatch article -- the WUSTL center will be headed by Samuel Wickline.
In April, WUSTL got another grant, worth $12.5 million, for a separate nanotechnology center headed by chemist Karen Wooley.


References:
  1. Oct. 4, 2005 — Universities selected for nanotech research in the San Francisco Chronicle
  2. Oct. 4, 2005 — WU gets grant to work on anti-cancer particles in the St. Louis Post-Dispatch
and 10 others.
The Right's New Deal for the Gulf Coast

Article looks at the Gulf reconstruction plan announced by President Bush.
Bush's vision of stimulating business investment to lift thousands out of poverty is a far cry from classic Washington-directed pump-priming. Instead, it is something of a conservative New Deal, a radically rethought version of Big Government that bends its spending to conservative goals: lower taxes, less regulation, more local control, and bootstrap capitalism.
WUSTL social work professor Michael Sherraden comments.


References:
  1. Sept. 22, 2005 — The Right's New Deal for the Gulf Coast in the BusinessWeek.com
Blunt counters Blagojevich's courting of stem cell researchers

Missouri Gov. Blunt has shot back at his Illinois counterpart's effort to attract scientists and institutions involved in embryonic stem cell research to Illinois.
Blunt said in a letter to life sciences companies that he opposes the "prohibition and criminalization" of stem cell research. The letters were sent to U. Missouri, WUSTL and the KC Stowers Institute for Medical Research, among others.


References:
  1. Sept. 13, 2005 — Blunt counters Blagojevich's courting of stem cell researchers in the Associated Press
and 4 others.
Your PC is also playing FBI role!

Olin School's Amar Cheema says targeted marketing can feel 'eerie'

With uncanny accuracy, computers predict behavior by sifting through mountains of data about customers collected by businesses. Called predictive analytics, this automated crystal-ball gazing has become a $2.3 billion industry in the United States.
WUSTL marketing professor Amar Cheema comments.


References:
  1. Aug. 22, 2005 — Your PC is also playing FBI role! in the India Times
  2. Aug. 19, 2005 — Predicting the future in the Portsmouth Herald News (NH)
and 18 others.
China's lust for business learning

WUSTL's Olin School of Business enjoys a successful relationship with China's Fudan University

It was almost unimaginable 25 years ago that China, the nemesis of the capitalist world, would embrace American-style management education. But today it is doing so with a gusto that puts the western world to shame.
While US business schools are reporting falling applications for their MBA programs, partly as a result of competition from overseas and a tight labor market, students in China are beating at the doors of the top courses.
Fudan runs programs with the WUSTL Olin School, the Norwegian School of Management and Hong Kong University.


References:
  1. Aug. 4, 2005 — China's lust for business learning in the The Financial Express (Bangladesh)
Living the Dream

WUSTL professor Glenn MacDonald comments on the importance of innovation in small businesses.

Small and midsize businesses have a long and rich history of building up America, and entrepreneurs have done so largely by being innovative. WUSTL business professor Glenn MacDonald comments on the importance of innovation when small businesses try to outdo their competition.


References:
  1. May 1, 2005 — Living the Dream in the Entrepreneur Magazine
St. Louis waits for Bio-Belt to bloom

WUSTL served as a base for St. Louis to invent Bio-Belt brand.

Article on the outlook for bioscience hotspots focuses on St. Louis.
For years this fading industrial center has poured a fortune into the genetic engineering of plants, ignoring critics of the controversial technology and enduring a long stretch with little to show for its investment.
Now, finally, St. Louis is starting to see a payoff, putting some welcome distance between itself and the many other cities trying to hit it big in biotech.
Comments from John Biggs, Roger Beachy, Peter Raven, and WUSTL chancellor Mark Wrighton.


References:
  1. May 1, 2005 — St. Louis waits for Bio-Belt to bloom in the Chicago Tribune
and 12 others.
Super Bowl ads don't score

To some people, the Super Bowl is a football game. To others, it's a marketing derby. "Careers are made, and careers are ended, on these commercials we're about to see," said Lewis Williams, a senior vice president, creative director, at Leo Burnett Worldwide Inc., a Chicago-based advertising agency. Williams was addressing more than 100 attendees of the fourth annual "Super Advertising Bowl" at Washington University's Olin School of Business while Sunday's game was starting on a giant-screen above him. Every year, MBA students, their friends, WUSTL faculty and ad execs like Williams gather to rank the Super Bowl ads.


References:
  1. Feb. 3, 2004 — Super Bowl ads don't score in the Newsday
and 28 others.

Showing Entrepreneurship Clips 1 through 19 of 19.  - Show Home
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Related Information
Media Assistance:

Melody Walker
Director of News & Information for the Olin Business School
melody_walker@wustl.edu

(314) 935-5202
Contact Information
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Revised:

Monday, Oct. 27, 2008


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