Maryland Smith’s Rachelle Sampson, recipient of the inaugural Panmure House Prize, considered one of the United Kingdom’s largest academic prizes, will present her prize-winning study at 9 a.m. ET Tuesday, July 19, 2020 from London in an inaugural Panmure House Prize winners’ presentation.
The $75,000 prize is administered by the Edinburgh Business School at Heriot-Watt University in partnership with FCLTGlobal. It recognizes research identifying potential flows of capital to innovation – in hope of finding the next major technological, retail or pharmaceutical up-and-comer.
Sampson is an associate professor of logistics, business and public Policy in the University of Maryland’s Robert H. Smith School of Business. She and co-researchers (Maryland Smith’s Brent Goldfarb, Cornell University’s Yuan Shi and Rafael Corredoira of Ohio State University) analyzed the relationship between a firm’s investment time horizons and innovation with an extensive dataset of US public firms from 1980 to 2019, finding that long-term oriented firms are more likely to produce breakthrough inventions.
Their results suggest firms are becoming more short-term, pointing to the changing nature of firm R&D, with implications for firm competitiveness and economic growth.
Read The Panmure House feature on the Rachelle Sampson-led, prize-winning research.
Register to view Sampson’s Panmure House winners’ presentation live on Zoom.
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About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in business education and cutting-edge research. The school’s world-class faculty facilitate experiential learning opportunities rooted in the real world. Smith students learn to think like entrepreneurs, prepared to drive positive impact. The school offers undergraduate, online and on-campus business master's, full-time, part-time, online and executive MBA, plus PhD and DBA degree programs, and non-degree and executive education programs. Where Smith leads, the future follows.