SMITH BRAIN TRUST — When influential analyst and Loup Venture co-founder Gene Munster made predictions for 2018, there was one that really had people chatting. It was a prediction that online retail juggernaut Amazon.com might cut a deal to buy the struggling Target. It was a mergers-and-acquisition idea that seemed to align with some of the things that Amazon.com has been doing – establishing a brick-and-mortar presence and competing head-to-head with Walmart.
Dr. Brent Goldfarb is Associate Professor of Management and Entrepreneurship in the M&O Department at the University of Maryland's Robert H. Smith School of Business. Goldfarb's research focuses on how the production and exchange of technology differs from more traditional economic goods, with a focus on the implications on the role of startups in the economy. He focuses on such questions as how do markets and employer policies affect incentives to discover new commercially valuable technologies and when is it best to commercialize them through new technology-based firms? Why do radical technologies appear to be the domain of startups? And how big was the dot.com boom? Copies of Dr. Goldfarb's publications and working papers have been downloaded over 1200 times.
Online MBA students at the University of Maryland’s Robert H. Smith School of Business tested their entrepreneurial ideas in a two-hour pop-up business challenge in fall 2017.
Move Baffles Strategy Professor Brent Goldfarb
SMITH BRAIN TRUST – Can KodakCoin save the struggling Eastman Kodak?
The brand that once dominated the world of photographic film this week announced the launch of KodakCoin, calling it “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”
Hyperloop Would Connect Baltimore and Washington, D.C.
Scandals Put License Renewal in Jeopardy, Goldfarb Says
"It was predictable," the Smith School's Brent Goldfarb says of London's decision not to renew Uber's license to operate there. "What is notable," he added, "is that this probably would not have happened had Uber not had the troubles it had." What's next for Uber? Read more...
Departing General Electric CEO Jeffrey Immelt is a household name to investors on Wall Street, while Uber, scandal-ridden and operating at loss, reportedly is positioning for an initial public offering. This week's news that Immelt is Uber's new-CEO frontrunner caught some observers off-guard. But others, including Smith School professors Brent Goldfarb and David Kass, see the rationale. Goldfarb also detailed a laundry list of Uber fixes for Immelt — if he does take the helm. Read more...
For Volvo, the decision to introduce only hybrid or all-electric vehicles starting in 2019 is about going green. But it's also about making green; changing the story that Volvo has been selling to investors. It's about stealing some limelight from Tesla, and potentially about positioning the Sweden-based automaker for a possible initial public offering, says the Smith School's David A. Kirsch. It's about branding Volvo as a car company of the future. Read more...
What happens to a company when a CEO takes a leave of absence? It's a question Uber Technologies must now face, as chief executive Travis Kalanick begins a hiatus of unspecified length from the $68-billion ride-hailing company he co-founded. The embattled CEO announced this week he would stepping down temporarily, citing the need to work on his own leadership skills and to grieve the recent death of his mother. At the same time, the board of directors announced a series of changes it would make to address the company's toxic work culture, including a reduced role for its CEO. It's a rebuke of Kalanick and the renegade management style he embraced as Uber upended ground transportation in cities around the world. Smith School experts describe the road ahead for the ride-sharing giant. Read more...
The University of Maryland’s Robert H. Smith School of Business is excited to announce some favorite books in the 14th Annual Top-10 Summer Reading List for Business Leaders for 2017, as recommended by faculty members.