A new creature has joined the entrepreneurial menagerie of gazelles (fast-growing firms), elephants (like Wal-Mart) and mice (corner barbershops). These are the unicorns — privately held startups such as Uber, Airbnb and Snapchat worth more than $1 billion each. With only 141 in existence, unicorns are the rarest creature of all. And Hewlett-Packard CEO Meg Whitman is worried about their health.
The Dingman Center for Entrepreneurship at the University of Maryland’s Robert H. Smith School of Business is the recipient of the 2015 Outstanding Contributions to Venture Acceleration. The award was presented at the Global Consortium of Entrepreneurship Centers (GCEC) Annual Conference, hosted by the University of Florida, Oct. 29-31.
Two massive drug companies, New York-based Pfizer and Dublin-based Allergan (maker of Botox), are discussing a merger that could end up being the biggest in a year of blockbuster combinations. The merger also reignites debate over the corporate tax rate in the U.S., given that Pfizer's CEO has made it clear that a chief goal of the plan is to cut Pfizer's tax rate. Smith School finance professor Michael Faulkender
For the seventh consecutive year, students from the University of Maryland’s Robert H. Smith School of Business joined some of Wall Street’s smartest investors for a Barron’s Roundtable.
Gaming as a customer engagement tool has been around since the invention of dice and playing cards. But Smith School professor Oliver Schlake says people who put Pong and its modern successors in the same leisure category underestimate the power of digital interaction to motivate behavior and drive business results. Read more