Maryland Smith’s Rachelle Sampson is the recipient of the inaugural Panmure House Prize, considered one of the United Kingdom’s largest academic prizes. The $75,000 prize is administered by the Edinburgh Business School at Heriot-Watt University in partnership with U.S.-based long-term investment consultancy FCLTGlobal and funded by Baillie Gifford. It recognizes research identifying potential flows of capital to innovation – in hope of finding the next major technological, retail or pharmaceutical up-and-comer.
When companies focus on returning money to shareholders each quarter, rather than spending money on innovation and improvements, they’re dragging down the economy, says new research.
SMITH BRAIN TRUST – The University of Maryland’s Robert H. Smith School of Business proudly presents its 16th annual Summer Reading List for Business Leaders, as recommended by faculty and staff. The 2019 edition covers history, politics, leadership and even strategies for staying focused in a volatile, fast-paced world. Deep Work By Cal Newport
SMITH BRAIN TRUST — It might be the biggest but least-talked-about drag on the U.S. economy and, paradoxically, it might be why your equity portfolio looks so good, with perky stock prices, cushy buybacks and better-looking dividends. It’s called short-termism, or quarterly capitalism. It’s what happens when companies focus on returning money to shareholders each quarter, rather than spending money on productivity improvements or on research and development that could result in the next big innovation.
For companies to stay one step ahead of the competition they need to be innovative – one way to do that is to rethink business models to incorporate sustainability. This can lead to new efficiencies that add to the firm’s bottom line, make customers happy and lessen environmental impact as well.
Broadcast Dates: Thursday, July 9, 2009, 7:30 p.m.Sunday, July 12, 2009, 7:30 a.m.Monday, July 13, 2009, 4:30 a.m. For companies to stay one step ahead of the competition they need to be innovative – one way to do that is to rethink business models to incorporate sustainability. This can lead to new efficiencies that add to the firm’s bottom line, make customers happy and lessen environmental impact as well.
Research by Rachelle Sampson Innovation is one of the drivers of success in the digital economy, and pursuing innovation means that many firms must make a substantial investment in research and development (R&D). Making that investment pay off, however, is not always easy. Research is very expensive, and there is tremendous pressure to create new knowledge and capabilities in a timely and cost-effective way.
There's a growing number of retailers jumping into the rental biz, as part of a sustainability push aimed at keeping furniture and clothing out of landfills. Here's what's behind the trend and what they should do instead.