Fiona E. Murray, P. Aghion, M. Dewatripont, Julian Kolev, Scott Stern
{"title":"Of Mice and Academics: Examining the Effect of Openness on Innovation","authors":"Fiona E. Murray, P. Aghion, M. Dewatripont, Julian Kolev, Scott Stern","doi":"10.5465/AMBPP.2014.17761ABSTRACT","DOIUrl":"https://doi.org/10.5465/AMBPP.2014.17761ABSTRACT","url":null,"abstract":"This paper argues that openness, in the form of lower costs of access to existing research, can enhance both early- and late- stage innovation by enabling greater exploration of new research lines,...","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"52 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130453572","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Use of Multiple Choice Questions with Explanations for Economic Assessment","authors":"S. Kates","doi":"10.2139/ssrn.1335987","DOIUrl":"https://doi.org/10.2139/ssrn.1335987","url":null,"abstract":"Dissatisfaction with the use of multiple choice tests as a means of evaluating the comprehension of students led to experimentation with a hybrid form that combined multiple choice questions with written explanations for why the particular answer was chosen. A comparison of the multiple choice component of such tests with the written component shows not only a poor correlation between the two sets of results but what was more disturbing, a poor rank correlation. Combining the two forms of assessment was shown to be not only a more accurate means of judging the understanding of students but allowed tests to be set in ways which probed far more deeply into student abilities.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-12-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129290356","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An Empirical Note on Factor Price Elasticities and Substitution in Australian Higher Education","authors":"A. Worthington, H. Higgs","doi":"10.2139/ssrn.1313527","DOIUrl":"https://doi.org/10.2139/ssrn.1313527","url":null,"abstract":"This note uses a multiple-input, multiple-output translog cost function to calculate Allen-Uzawa and Morishima elasticities of substitution for thirty-six Australian universities over the period 1998 to 2006. The input prices are academic and non-academic labour and capital. The six outputs are undergraduate, postgraduate and PhD completions, national competitive and industry grants, and publications. The results suggest that the derived demand for academic labour in the Australian university sector is highly price inelastic while the demand for non-academic labour and capital is highly price elastic. This suggests that the cost drivers in the Australian university sector are presently price-related for academic inputs and technology-related for non-academic and capital inputs. Moreover, the opportunities for input substitution are not symmetric, with the sector generally finding it easier to switch to capital than academic and non-academic labour. Finally, while the Allen-Uzawa measures indicate that academic and non-academic labour is a substitute, the less-restrictive Morishima measures suggests neither complementarity or substitutability at the aggregate level.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131005591","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Fingerhut's Pricing Strategy (B): Epilogue","authors":"J. West","doi":"10.2139/ssrn.1278374","DOIUrl":"https://doi.org/10.2139/ssrn.1278374","url":null,"abstract":"This Epilogue tells the story of Fingerhut when it was acquired by Federated Department Stores for $1.7 billion, at the height of the internet bubble. Federated was interested in Fingerhut's order fulfillment systems as a possible prototype for its own on-line store. That on-line venture never materialized, and Federated began to sell Fingerhut in pieces. It was purchased by the original owner and a Minnesota entrepreneur who are in the process of restoring it to health. The case continues to explore the ethics of Fingerhut's business model, what attracted Federated and why it failed.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"170 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132301926","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Snibbie: Spit Happens (a)","authors":"Gerry Yemen, M. Moore, Geraldine R. Henderson","doi":"10.2139/ssrn.910113","DOIUrl":"https://doi.org/10.2139/ssrn.910113","url":null,"abstract":"Who hasn't had a great idea and believed they could make millions if they moved on it? Greg Heard actually took his idea and developed a bib for adult childcare workers--the Snibbie Bib. His strategy is to follow the Diaper Genie model: develop the product, open enough doors in the baby-product market to grow the business to sufficient scale, and then sell it to a major player like Gerber or Procter & Gamble for buckets of money. The A case describes Heard's learning experiences and progress in approaching institutional buyers, attending his first vendor fair, working with vendors, moving his operations out of his garage and into a warehouse, and becoming an international company. He also gets help from a mentor who steers him through the retailer-distribution process. The news that his biggest buyer has just filed for bankruptcy is unsettling and raises many questions about how this will affect his company. Also, what should he do about an offer from a large, national company to private label his products? The B case (UVA-M-0701) describes the direction he takes regarding private labeling, working with the bankrupt company, and further developing his brand by creating additional products.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125603443","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Snibbieâ®: Spit Happens (B)","authors":"Gerry Yemen, M. Moore, Geraldine R. Henderson","doi":"10.2139/ssrn.910114","DOIUrl":"https://doi.org/10.2139/ssrn.910114","url":null,"abstract":"Who hasnâ¬\"t had a great idea and believed they could make millions if they moved on it? Greg Heard actually took his idea and developed a bib for adult childcare workersâ¬\u001dcalling it the â¬SSnibbie Bib.â¬? His strategy was to follow the Diaper Genie model: develop the product, open enough doors in the baby-product market to grow the business, and sell it to a player like Gerber or Procter & Gamble. The A case (UVA-M-0700) describes Heardâ¬\"s learning experiences and progress. He gets help from a mentor who steers him through the retailer-distribution process. The news that his biggest buyer has just filed for bankruptcy is unsettling and raises many questions, such as what should he do about an offer from a large, national company to â¬Sprivate labelâ¬? his products? The B case describes the direction he takes regarding private labeling, working with the bankrupt company, and further developing his brand.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134488259","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pluria Marshall, Jr. And the Wave Community Newspapers","authors":"G. Fairchild, Gerry Yemen, Charles Stunson","doi":"10.2139/ssrn.908784","DOIUrl":"https://doi.org/10.2139/ssrn.908784","url":null,"abstract":"Pluria Marshall, Jr., president of Marshall Media, is offered an opportunity to purchase a chain of 13 newspapers called the Wave Community Newspapers. The Los Angeles Times had decided to pass on the deal, which bothers Marshall. He had thought that the Times' strategy was to merge the Wave with the Times' own weekly neighborhood paper to better serve the ethnically diverse and segregated neighborhoods of greater Los Angeles. The trigger issue focuses on whether Marshall Media is capable of competing against the resources of the much larger Los Angeles Times to capture the market share of L.A.'s Latino and African American communities. This case allows an exploration of the challenge of creating and sustaining entrepreneurship in the very competitive newspaper industry. The case also affords a discussion of techniques for managing costs in urban environments.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"133 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127319194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Gatewood and Daugherty: Minding Their Own Business","authors":"G. Fairchild, Gerry Yemen","doi":"10.2139/ssrn.908785","DOIUrl":"https://doi.org/10.2139/ssrn.908785","url":null,"abstract":"Nathaniel Gatewood and Sean Daugherty were MBA students at the University of Virginia's Darden Graduate School of Business. They each held strong entrepreneurial desires and headed back to school with that goal in mind. Gatewood knew that he wanted to purchase a manufacturing company, but was unclear on how he should go about it. Daugherty just wanted to work for himself. The pair met in their neighborhood and quickly became friends. Within a short period of time, Gatewood and Daugherty tossed around an idea to become partners and explore a joint venture to purchase a company. Once school started, they met another classmate and partner, Eric Anderson, who acted as a catalyst to model their purchase plan into a Darden Business Project. In time, Anderson was offered a position in the private-equity group where he had summer-interned, and he backed out of the partnership. After some soul-searching, Gatewood and Daugherty decided to proceed without him. The pair took many steps in the due-diligence process. They assessed their personal skills, and interviewed faculty, entrepreneurs, and alumni. Along the way, they explored the concept of a search fund. As they got closer to graduation, Daugherty and Gatewood were forced to decide between securing a search fund and continuing to look for an acquisition or applying for lucrative jobs, like their classmates, and looking for a business later. This case illustrates the development process of two entrepreneurs and serves as an excellent introduction to the search-fund concept. It also promotes discussion around the topic of how to plan, manage, and make decisions in an uncertain environment.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130887507","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Appalachian by Design: Lessons on Creating Social Value","authors":"B. Elliott, D. Lynch, Debbi D. Brock","doi":"10.1108/17508610810922712","DOIUrl":"https://doi.org/10.1108/17508610810922712","url":null,"abstract":"Appalachian By Design (ABD), a US rural non-profit venture, developed a social enterprise to creatively address the isolation and lack of job opportunities that have been a persistent problem in rural Appalachia, particularly for women. The organization introduced a trade into the region, machine knitting, because of market opportunities, and built the infrastructure to support it; including a technical knitting apprenticeship, a distributed production network, a central finishing and distribution warehouse and a national marketing program. There has been great interest in social enterprise as an innovative response to challenging social problems, where mission and market are intertwined in a hybrid organization, such as ABD. The findings from the field show that it is one thing to design such a program, quite another to make it sustainable. At the end of the 2005, the founder of ABD, Diane Browning, with a bank loan due and a financial turnaround needed, faced a difficult decision. This case explores how an enterprise, with an embedded social mission, navigated shifting economic and market conditions to achieve results in their double bottom line.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"86 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116665866","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
C. Schramm, M. Crow, A. Merten, Thomas Andersson, A. Freimuth, M. Heitor, Wolfgang A. Herrmann, J. Oosterwijk, M. Trajtenberg, William Wulf, F. Douglas, Robert E. Litan, Lesa Mitchell
{"title":"The Future of the Research University: Meeting the Global Challenges of the 21st Century","authors":"C. Schramm, M. Crow, A. Merten, Thomas Andersson, A. Freimuth, M. Heitor, Wolfgang A. Herrmann, J. Oosterwijk, M. Trajtenberg, William Wulf, F. Douglas, Robert E. Litan, Lesa Mitchell","doi":"10.2139/SSRN.1352645","DOIUrl":"https://doi.org/10.2139/SSRN.1352645","url":null,"abstract":"A volume of scholarly papers addressing the future of the university for the entrepreneurial age, presented at the 2008 Kauffman-Planck Summit on Entrepreneurship Research and Policy held June 8-11, 2008, in Bavaria, Germany.","PeriodicalId":174643,"journal":{"name":"Entrepreneurship Educator: Courses","volume":"2015 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127654322","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}