College Park, Md. – March 12, 2008 – Americans’ appetite for environmentally friendly technologies and consumer products is grossly underserved, with a potential $104 billion in sales this year, according to the 2007 National Technology Readiness Survey (NTRS) released today. The annual survey — sponsored by the Center for Excellence in Service at the University of Maryland’s Robert H. Smith School of Business and technology research firm Rockbridge Associates Inc.

My name is Peter Morici. I am an economist and Professor of Business at the University of Maryland. Thank you for this opportunity to participate in these hearings. I will devote my remarks to the issues raised by the recent surge in investments by sovereign wealth funds in the United States. What Is a Sovereign Wealth Fund?

College Park, Md. January 31, 2008 The University of Maryland's Robert H. Smith School of Business today announced that Dilip Madan, professor of finance, has been named "Quant of the Year" by Risk, a leading financial risk management magazine. Risk readers and contributors, which include quantitative analysts and financial engineers, voted Madan to receive the honor. Madan was recognized yesterday at the Risk Awards 2008 in London.

College Park, Md. - January 28, 2008 - New research from the University of Maryland's Robert H. Smith School of Business finds that consumers save billions of dollars annually by buying goods through the online auction site eBay more than $7 billion in 2003, according to researchers. The study marks the first time this benefit to the overall economy has been quantified. The flip side of these benefits, however, is that sellers are leaving billions on the table that they could have charged buyers by setting higher prices.

College Park, Md. - January 9, 2008 - The University of Maryland's Robert H. Smith School of Business today announced that Roland Rust, David Bruce Smith Chair in Marketing and marketing department chair at the Smith School, has been named distinguished university professor. The title is granted as a formal title of the highest distinction by the university president.

 

New research from Smith School associate finance professor Steve Heston finds seasonal predictability in stock returns. The research garnered recent media attention first profiled in a column in the New York Times, then an interview on CNBCs Closing Bell program.

College Park, Md. November 21, 2007 Marketing faculty at the University of Marylands Robert H. Smith School of Business recently received honors for top research influencing business practices. P.K. Kannan, the Harvey Sanders Associate Professor of Marketing, and department chair Roland Rust, the David Bruce Smith Chair in Marketing, were each recognized for separate projects. Kannan won the 2007 INFORMS Society on Marketing Science Practice Prize competition. Rusts research won the Best Article Award from the Journal of Service Research.

Michael Fu, professor of management science, and Lawrence Bodin, professor emeritus of management science, have been named as fellows for 2008 by the Institute for Operations Research and the Management Sciences (INFORMS). This singular honor, awarded to about 2 percent of the organizations 11,000 members, has now been held by six members of the Smith Schools decision and information technologies department.