For the eighth consecutive year, the School of Business and Economics at IU South Bend presented the Lake City Bank Entrepreneurship Lecture Series, featuring outstanding presentations on the many facets of entrepreneurship. The 11 lectures, free and open to the public, showcased many of the area’s premier business organizations and their chief executives and covered topics including strategies, feasibility, creating an organization, venture financing, and sustainable competitive advantage. The series is sponsored by Lake City Bank and is offered as an elective course in the business school’s MBA program and as part of an undergraduate concentration in entrepreneurship.
Indiana Governor Mitch Daniels gave a brief report to some of his constituents at Indiana University South Bend, mostly business students and invited guests. The governor spoke as part of the Leading in the 21st Century Speaker series hosted by the School of Business and Economics.
Daniels detailed his nearly six years in office and his work on government budget cuts, creating a good business climate and adding private sector jobs. In addition to answering questions about business practices, he fielded questions about running for president. He said, he has no plans to run for the presidency and doesn’t go to places where many candidates go, such as Iowa. The Governor spoke on Indiana placing in the top five in one listing for welcoming businesses. People ask him how he has turned the state around and he said,
Be prepared to be bedazzled. We spent less than we took in.
And he said he did that without raising taxes. The goal, he said, is to keep as much money in your pockets as possible. He said Indiana made cuts, improved the way state does business and improved the business climate. “And once you do it right, raise the bar” such as with serving customers at the Bureau of Motor Vehicles where service times have dropped over the years.
Daniels said a government cannot keep operating by borrowing. “No one wants to take advantage of our children and grandchildren.”
I’m an optimist. I believe these problems aren’t impossible to solve. What is needed is a “whole lot of people to think like this and keep the American experience alive.
Guest blogger: Robert Ducoffe, Dean and Professor of Marketing, School of Business and Economics
Indiana University South Bend / 574-520-4228/ firstname.lastname@example.org
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Over the past year, Indiana University has seen tremendous growth in its economic development and technology commercialization activities. President Michael A. McRobbie sits down with Gerry Dick of Inside Indiana Business to discuss in a one-on-one conversation the new IU Technology Parks Corridor, the Milken Index Report, the recent sale of Marcadia, and the 3 deals that the Innovate Indiana Fund recently closed on. See the full interview below.
The CGB was created in 2000 by the Office of the V/P for Research and the College of Arts and Sciences IU, Bloomington. It has since received regular support from the School of Informatics and the Department of Biology. The CGB has also received crucial financial support from two Lilly Endowment, Inc. awards to Indiana University: The Indiana Genomics Initiative and the Indiana METACyt Initiative.
Current CGB staff includes 30 full-time scientists and programmers and an administrative staff of 3. In addition, the CGB supports collaborative projects that currently involve 13 other scientists from the departments of Biology and Mathematics, and the School of Informatics. The CGB’s active seminar programs include frequent Visiting Speakers, weekly informal seminars (the “CGB Roundtables”), and regular workshops on special topics.
The CGB occupies temporary spaces in Jordan Hall and Myers Hall: Administrative offices in Jordan Hall 063 and 059, the Bioinformatics and Computing groups in Jordan Hall Room 044, the Core Computing Facility occupies JH025, and the Genomics laboratory is on the first floor of Myers Hall (MY160/162). Projects occupy a number of other spaces, including the Insect Cell Culture lab (JHA316) and the DGRC Vector Lab (JH340).
During a year when Bloomberg Business Week‘s annual ranking of undergraduate business schools underwent a shake-up due to economic conditions, Indiana University’s Kelley School of Business consistently has remained in the publication’s Top 20 and moved up one position to 18th. Kelley remains second among all Big Ten schools and moved up to sixth among such programs at public universities; the undergraduate program has always been ranked in the Top 20 throughout the six-year history of the survey.
What does a cotton bracelet, a food tour in Washington D.C., and new kind of flooring have in common? They are products or services offered by three start-up companies whose owners started their companies with less than $150. They are also the subject of an article in the Wall Street Journal entitled Start-Ups on a Shoestring. The article provides an insightful look into entrepreneurial spirit that drives small business. I found this article fascinating because it doesn’t credit the success of these entrepreneurs to anything but hard work and intuitiveness. Not only was their common thread hard work and little money, but these business savvy people were also tech savvy. My suggestion: click the link above or below and read the full article. You may find some helpful hints or simply be encouraged by start-up successes.
From the WSJ. China’s venture, growth and private equity investors are continuing to trade in their servers and silicon chips for plowshares.
Tsing Capital’s $10 million investment in a Shanghai-based organic crop grower is the latest in a series of deals over the past two years to get venture capitalists’ boots dirty.
On Friday, February 25, IU presented four innovative new technologies in Evansville at the 2011 Southwest Indiana Technology Showcase. The free event is held annually by Indiana University and Purdue University to present technologies developed through university research that have strong commercialization potential. Over 100 people attended and participated in the showcase, including entrepreneurs, investors, students, and local leaders from business and government.
The four IU technologies presented at the event have been patented and are available for licensing by startups and established companies:
Implantable Pressure Sensor for Optimizing Ventilator Support and Weaning
Dr. George Akingba, a vascular surgeon and biomedical engineer at the Indiana University School of Medicine, and Dr. Jason Clark, an engineering professor at Purdue University, have designed a novel, implantable pressure microsensor to directly measure pleural pressure of the lungs, enabling an evidence-based approach to weaning patients from mechanical ventilation which is not possible using current technology.
Integration of ICU Data in Interactive Visual Format for Enhanced Critical Care Evaluation and Treatment
Dr. Anthony Faiola, director of human-computer interaction at the Indiana University School of Informatics and Computing, has developed Medical Information Visualization Assistant (MIVA). MIVA consolidates large amounts of essential patient data into a visual and interactive format, allowing physicians and nurses to streamline workflow, while expiating critical care treatment. Devices monitoring patients’ vitals, such as blood pressure, heart rate, and other measures are integrated with MIVA and displayed on a large touch-screen within the ICU.
Electro-Wetting Lens for Concentrating Solar Energy
Dr. Afshin Izadian, an assistant professor of electrical engineering technology at IUPUI, has developed a passive, stationary solar concentrator for use on electric generating Photo Voltaic (PV) modules. When installed on a PV module, the device will increase the electricity generated in low level, diffuse light situations by as much as 75%. In turn, this will dramatically increase the number of worldwide locations where PV technology can be practically and cost effectively applied.
Solution-Based Layer-by-Layer Nanoassembly of Thin Film Solar Cells
Dr. Mangilal Agarwal, associate director of research development, and his colleagues at IUPUI have developed a novel technology that improves the manufacturability of thin film solar cells, such as CIGS, by using a self-limiting layer-by-layer deposition process. This process will enable solar cell plating over large irregular surfaces in a cost-effective manner.
The IU technologies presented at the event have been patented and are available for licensing by startups and established companies. Additional information on IU technologies can be accessed through contacting the IU Research and Technology Corporation.
From the JCEI website: The Johnson Center for Entrepreneurship & Innovation is dedicated to establishing entrepreneurial experiences for students by expanding linkages between Indiana University and the enterprising business community as well as through establishing cross-campus initiatives with other university departments.
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