IU shines in entrepreneurship

September 1, 2009
Back to TopCommentsE-mailPrintBookmark and Share
Entrepreneurship has become one of the hottest areas of academic research in business schools. And, by at least one measure, Indiana University churns out the papers as well as any institution in the world.

The university proudly issued a release today pointing out that four of its entrepreneurship profs were named to a list of the 100 most prolific researchers in the field.

The list resulted from, you guessed it, a study. Howard University looked into which researchers and institutions published the most papers in academic journals.

Actually, IU was the only institution with four profs in the top 50.

Don Kuratko, who chairs IU’s Johnson Center for Entrepreneurship & Innovation, notes that when he got into the field 28 years ago at Ball State University, only five universities in the world studied entrepreneurship. Now, 2,000 offer bachelor’s or master’s degrees.

Driving the explosive growth is recognition that ideas and innovation create wealth. Think back to the devastating recessions of the early 1980s, Kuratko says. Times were bleak. But a young dynamo named Bob Laikin was convinced “car phones” were the future. Today, Plainfield-based Brightpoint is the largest cell phone distributor in the world.

Now, governors, mayors, CEOs and seemingly everyone else wants to encourage the Laikins among them.

What could university research possibly contribute to the person with the concept and the dream? Quite a bit, Kuratko contends.

Dean Shepherd, the second-most prolific scholar on the list, has delved into the grief entrepreneurs feel after a business fails. By borrowing from psychology, he’s helping entrepreneurs process the death of a business and get back on their feet to try again. Remember that many of the most successful entrepreneurs blow it repeatedly before getting it right.

Jeff Covin is learning how big corporations can instill the spirit of entrepreneurship within their workers. A CEO can’t just dictate, “Everyone be innovative!” Rather, what works is training employees to think like entrepreneurs. Sometimes just a few days of intensive training can change minds and attitudes, Kuratko says. The upshot is workers who think of ways to improve existing companies and dream up spin-off ventures that benefit the mother ship.

“This kind of research of truly driving the body of knowledge, so we’re truly helping everybody in the field,” Kuratko says.

What do you think about the research university business schools are doing? Any thoughts in particular about IU’s entrepreneurship program?
 

ADVERTISEMENT

Post a comment to this blog

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

ADVERTISEMENT