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Faculty News

Ellis Garners Prestigious NACRA Award
Jeffery Ellis
, Management, has received the Curtis E. Tate Jr. Award, the most prestigious award of the North American Case Research Association (NACRA). In particular, this recognizes some of his work in Brazil. In a book length manuscript of a seven part case study and analytic manual Ellis examines important issues of strategy and structure for companies facing globalization in emerging nations. Ellis focused on four separate businesses within one corporation to provide a research control so that he could observe the differential impacts of globalization on businesses in different industries. The work compared actions and performance for three time frames: (1) before globalization, (2) the period of rapid growth induced by globalization, and then (3) the point when the post-globalizing Brazilian economy first turned down. This design revealed the favourable and adverse impacts of globalization on the corporation as a whole and separately on its businesses. Case users can infer the consequences of managerial decisions before, during, and after globalization. The case study component of the work was published in the Case Research Journal in 2005 and will enter the Babson, European Case Clearing House, and Harvard collections shortly.

NACRA is a collaborative organization of approximately 500 case writers and teachers, mostly in the business disciplines, who support each other's research and writing efforts.

New Textbook from Bygrave and Zacharakis
undefinedPublisher John Wiley & Sons says: “Entrepreneurship relates actual experiences while combining concepts and cases to present the latest theories. The concepts cover what "would-be entrepreneurs" need to know to start and grow their businesses. Additionally, the cases illustrate how real entrepreneurs have gone out and succeeded. … Any student, "would-be entrepreneur" or not, will benefit from the lessons in this text.


“Performance Characteristics of Individual vs. Team-managed Mutual Funds,” co-authored by Mark Potter and Richard Bliss, both of the Finance Division, and Chris Schwarz of the University of Massachusetts - Amherst, was just accepted for publication in the Journal of Portfolio Management. This paper was supported, in part, by a grant a couple years ago from the Board of Research.

undefinedLisa Colletta’s book, Wild Colonial Girl: Essays on Edna O'Brien, has been nominated for the Robert Rhodes Prize for a Book on Literature. The award is sponsored by the American Conference for Irish Studies. The American Conference for Irish Studies is a multidisciplinary scholarly organization with approximately 1500 members in the United States, Ireland, Canada, and other countries around the world.

The paper Donna Kelley, Entrepreneurship, will be presenting at her April 4 Research Chat, “Adaptation and Organizational Connectedness in Corporate Radical Innovation Programs,” was just accepted for presentation at the Academy of Management conference this summer.

“Entrepreneurs and Corporate Managers Do Not Think Differently: Empirical Implications for Corporate Venturing, Entrepreneurship Pedagogy, and Public Policy,” by Andrew Corbett, RPI, and Heidi Neck, Entrepreneurship, was given the award for “Best Paper for the Corporate Entrepreneurship Division” at the USASBE 2007 Wide World of Entrepreneurship Conference, January 2007 in Orlando. USASBE (United States Association for Small Business and Entrepreneurship) is an eclectic group of government officials, directors of small business development centers, and academics in fields like finance, marketing, management, and economics united by their common interest in entrepreneurship and small business. Their mission is to advance knowledge and foster business development through entrepreneurship education and research.

Moss Produces Numerous Publications

Laurence Moss, professor in the Economics division, is the editor-in-chief of the American Journal of Economics and Sociology, which publishes 5 issues a year and is entering its 67th year of continuous publication. The AJES is a multidisciplinary journal that publishes articles from a variety of disciplines in the social sciences but especially from economics and sociology. Last year, it was chosen to be archived by the JSTOR archive system and the journal is available electronically on a global basis now.

In 2006, Moss had two books published by Blackwell Publishing, Oxford, U. K. Talcott Parsons, Economic Sociologist of the 20th Century and Natural Resources, Taxation & Regulation: Unusual Perspectives on a Classic Topic. Both books were edited by Moss and grew out of special issues of the AJES. In 2006-07, Moss published the following articles, encyclopedia entries and book review:

  • “Ethnic Conflict and the Economics of Social Cooperation: Reflections on a Difficult Problem.” In Roger Koppl, ed. 2006. Money and Markets: Essays in Honor of Leland B. Yeager. 2006. New York: Routledge, pp. 221-241.
    “Public Policy and Enhancing Entrepreneurial Capitalism” 2007.  In Mark R. Rice and Timothy Habbershon, eds.  Entrepreneurship the Engine of Growth. 3 vols. Praeger Publishers. Westport, Connecticut, 3:191-214. 
  • “Corporate Entrepreneurship: Schumpeter’s Entrepreneur and Firm Architecture.”  In S. Pressman, ed. Festschrift in Honor of Ingrid Rima on her 70th Birthday. 2007 (London: Routledge Publisher).
  • “Secrecy,” in The Blackwell Encyclopedia of Sociology. 2007 (Blackwell Publishers: Malden, MA. and Oxford, England), 11 vols. 11: 4132-4135.
  • Review of Margaret Schabas, “The Natural Origins of Economics,” in EH.NET (August 2006).

In March of 2006, Moss was invited to serve as a scholar-in-residence at the L'Ecole Normale Superieure de Cachan outside Paris. He worked with the Ph.D. candidates on their respective theses to help sharpen their arguments. He also presented two seminar papers; "Problems of Archivist Historians of Economics: Reflections on the Crat," and "Reflections on the Public Choice School of Economics."

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Upcoming Research Chats

Wednesday, April 4, 2007
Programs are held in the Needham Room, Olin Hall from Noon to 1:15 PM

Ryan Davies, Finance
“Using Matched Samples to Test for Differences in Trade Execution Costs”
Donna Kelley, Entrepreneurship
“Adaptation and Organizational Risk in Innovation-Based Corporate Entrepreneurship Programs”

Tuesday, April 24, 2007

Ross Petty, Accounting and Law
“The Use of Dead Celebrities in Marketing: A Legal and Public Policy Analysis”
Janice Yellin, Arts and Humanities
“Ancient Nubian Religion”

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BFRF Final Products
The BFRF has accepted papers from faculty members who have completed their BFRF projects.

Ryan Davies, Finance.
Using Matched Samples to Test for Differences in Trade Execution Costs.
We consider how to use matched samples to test for differences in bid-ask spreads. Based on extensive simulations, we conclude that it is best to match firms one-to-one based on market capitalization and share price. We demonstrate that pre-sorting by industry groups or eliminating apparent poor matches may reduce test power. We show that tests based on one-to-one matches have comparable power and less size distortion than alternatives that place more weight on distant firms. We provide guidance on optimal estimation when there are few available matched pairs and/or large data measurement errors. We compare matched sample estimation with the corresponding event study.

Lisa DiCarlo, History and Society.
Losing Our Religion: Turkey’s New Christians.
The project focuses on the decision-making process and the transformation of social networks of Muslims who convert to Christianity in contemporary Turkey. Background archival research, done at the ABCFM library in Istanbul, provides information on missionary activities in Turkey and the communities of Christians in Turkey.

Dessislava Pachamanova, Mathematics and Science.
Robust Portfolio Estimation and Optimization.
As the use of predictive models and optimization techniques has become widespread among portfolio managers, the issue of the confidence practitioners can have in theoretical models has grown in importance. Consequently, there has been an increased level of interest in the subject of robust estimation of parameters and robust optimization of portfolio management models. For years, robustness had been a crucial ingredient in engineering. This book will bring together new developments from the theory of learning, robust statistics and estimation, and robust optimization, illustrate that they are part of the same conceptual and practical environment, and present them in a new context in a way that finance practitioners can understand and appreciate.

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BoR Final Products
The BFRF has accepted papers from the following BoR award recipients.

Elizabeth Goldberg, Arts and Humanities.
Introduction’ for essay collection, Torture in Post-9/11 World.
This essay introduces a volume of essays, testimonials, artwork, poetry, and photography by survivors of torture and non-survivor academics and activists working in the field of human rights. In addition to analyzing issues and concepts related to the rise of torture in the post-9/11 world, the volume addresses questions such as who has the “authority” to speak about torture; what voice or genre is used by academics/activists (analytical) v. survivors (testimonial); and how to bridge the divide between these two groups of people, all of whom are arguably concerned about the same urgent problem of how to stop the use of torture worldwide. The collection is the first to bring torture survivors writing in analytical, creative, and testimonial modes with academics, activists, and other human rights experts, who will also be invited to write in analytical, creative, or testimonial form, and includes both writers who are unknown outside their communities as well as writers and scholars who are internationally renowned in their fields.

Elaine Landry, Management.
Negotiating Work-Life Balance.
Squeezed between employment and family demands, the working-age population of North America views work-life balance as an essential way to manage time constraints and retain career satisfaction. A majority of work-life arrangements, such as flexible hours and work-at-home projects, are informal in nature and are reached by negotiations among peers and between supervisors and subordinates. This research frames and develops a quantitative survey exploring the negotiation process between women and their employers on the topic of work-life balance.

Toni Lester, Accounting and Law.
Recent Developments in Irish Gay Rights Law.
This paper covers recent developments in Irish gay rights law, specifically developments taking place in employment law, public accommodations law, and immigration law.

BFRF Mini-Grant Funds
The BFRF has funds available for Mini-Grant applications for research-related expenses less than $2500. Forms are online at k/faculty/BFRF/forms. Contact Susan Chern, x5339, or
chern@babson.edu.

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Call for Papers

International Entrepreneurship and Management Journal (IEMJ)
Special Issue: The Institutional Approach to Entrepreneurship: Entrepreneurship in the Knowledge Economy|
Abstracts Due June 30, 2007 – Full Papers Due September 30, 2007
Guest Editors: Professor José Mª Veciana and Dr. David Urbano. Volume 4, (issue 2) will be a special edition devoted to the institutional approach to entrepreneurship in the knowledge economy. The institutional environment (formal and informal constraints) has an important influence on the emergence of an entrepreneurial spirit and culture, and the rate of entrepreneurial activity. Certain countries, regions and cities have created environments and a flourishing entrepreneurial economy while others have not. What are the main factors/constraints (legislation, public policy, social values, norms and habits) that foster and explain the level of entrepreneurial activity? For additional information, see
http://www.uv.es/iemj/SpecialIssue4-2.htm.

Scuola Superiore ISUFI and Universita del Salento
Advanced International Summer School 9th Session on: “Perspectives on Technological Entrepreneurship”
July 11-14 – Ostuni, Italy
Draft Paper or Extended Abstract Deadline: May 14, 2007
For details see: http://www.ebms.it/experience/ summer/Summer2007/home.html

7th Global Conference on Business & Economics
Sponsored by: Association for Business & Economics Research and International Journal of Business & Economics
October 13-14, 2007 -- Rome, Italy
Submissions Due: May 15th, 2007
Competitive papers (or abstracts) are invited in all areas of business as well as papers on teaching issues. Proposals for cases, workshops, symposia, colloquia, panels, tutorials on current topics of interest, and other special sessions are also invited. For additional information see http://www.facultyforum.com/gcbe.

Scientific Journals International (SJI)
Call for Papers, Reviewers and Editorial-Advisory Board Members
Every researcher, writer or artist deserves a fair consideration to be published. SJI provides an efficient forum for publishing research and creative work from all disciplines. For manuscript submission guidelines, application form for Reviewers and Editorial Advisory Board, and current issues see http://www.scientificjournals.org.

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External Funding Information

Community of Science (CoS) Funding Opportunities
Babson, with assistance from the Babson Faculty Research Fund, has subscribed to the Community of Science (COS) Funding Opportunities database. This on-line service enables all faculty and staff to search for external funding support from any computer on campus by going to
http://fundingopps.cos.com/.
The COS Funding Opportunities is the largest, most comprehensive database of available funding to support research and other academic activities. It has more than 22,000 records representing over $33 billion in funding. Grants are available for work in all disciplines—physical sciences, social sciences, life sciences, health & medicine, arts & humanities—and for many purposes, such as research, collaborations, travel, curriculum development, conferences, fellowships, postdoctoral positions, equipment acquisitions, and capital or operating expenses. Searching is easy and intuitive.
You may also access the database from an off-campus computer by going to the COS Workbench at http://www.cos.com/login/join.shtml and click on Join. You will be asked to fill out information for a profile, and then will be able to select a username and password. If you have any problems or need more information you may contact Wendy Silverman, Director, Corporate, Foundation & Government Relations, at ext. 5993 or silverman@babson.edu.

***Research @ Babson is published by the Babson Faculty Research Fund.*** Contact chern@babson.edu.

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