In October, the Royal Swedish Academy of Sciences named Richard H. Thaler of the University of Chicago Booth School of Business in Illinois as the 2017 recipient of its Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Thaler, the school’s Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics, was recognized for contributions to the field of behavioral economics. These contributions include many papers and books such as Nudge: Improving Decisions About Health, Wealth, and Happiness, co-authored with legal scholar Cass Sunstein, which explores the ways that behavioral economics could be applied to solve social problems and influence public policy.
Fred Phillips has received the 2017 N.D. Kondratieff Medal (the gold medal) from the Russian Academy of Sciences. Phillips is a distinguished professor and associate dean of Yuan Ze University’s College of Management in Taoyuan City, Taiwan. He also is a visiting professor at the College of Engineering and Applied Sciences of the State University of New York at Stony Brook. The academy issues the prize every three years to a scholar who has made significant contributions to the social sciences.
Two business professors have won the 2017 Nick Tyrrell Research Prize awarded by the European real estate associations INREV, IPF, and SPR. Avis Devine of the Schulich School of Business at York University in Toronto, Ontario, and Erkan Yonder of Ozyegin University in Istanbul, Turkey, won for their paper “Decomposing the Value Effects of Sustainable Real Estate Investment: International Evidence.” The paper considers the effects of sustainable investment on the value and performance of listed real estate investment firms.
The Medical Industry Leadership Institute at the University of Minnesota’s Carlson School of Management in Minneapolis has won the MBA Roundtable’s 2017 Innovator Award. The school was recognized for its Medical Industry Valuation Lab, which brings together cross-disciplinary student teams to assess medical innovations and streamline the time to market for critical new products. Finalist schools for 2017 were the University of Illinois at Urbana-Champaign’s MOOC-based stackable MBA and the University of Alabama’s STEM Path to the MBA Program. The Innovator Award was created in 2011 to promote educational initiatives that advance innovation in MBA education and acknowledge the institutions that drive change in the field.
The Global Consortium of Entrepreneurship Centers (GCEC) has announced winners in its annual competition to honor university entrepreneurship programs. Oulu University of Applied Sciences won for Excellence in Entrepreneurship & Pedagogical Innovation; Villanova University and the University of Cincinnati for Exceptional Activities in Entrepreneurship Across Disciplines; the University of Chicago for Outstanding Contribution to Venture Creation; CUNY Graduate School of Journalism for Excellence in Specialty Entrepreneurship Education; and Texas A&M University for Outstanding Student Engagement and Leadership. In addition, the University of Tampa took home the prize for the NASDAQ Center for Entrepreneurial Excellence, and the University of New Hampshire and Hofstra University were honored for having Outstanding Emerging Entrepreneurship Centers. For a complete list of winners and finalists, visit www.globalentrepreneurshipconsortium.org/gcec-awards.
Winners have been announced in the 2017 CEEMAN Case Competition, which featured cases focused on developing and emerging markets. The top prize went to “Codezin: Braving the Startup Storm” by Gaurav Gupta of the Indian Institute of Management Calcutta and Shounak Pal and Indranil Biswas of the Indian Institute of Management Lucknow. The first runner-up was a case called “From Asia to Africa: The International Expansion of Hon Chuan Enterprise” written by Allan K.K. Chan and Caleb Chen from Hong Kong Baptist University. The second runner-up was “Smokey Tours: The Other Side of Manila” by Andrea Santiago and Fernando Martin Roxas of the Asian Institute of Management in the Philippines. The cases will receive global exposure through a direct link with the Emerald Emerging Markets Case Studies collection.
Wharton Research Data Services has announced that the University of Gothenburg in Sweden has won the WRDS-SSRN Innovation Award for the Europe, Middle East, and Asia region. The school was recognized for its ability “to demonstrate innovation and research excellence.”