||© Nathan Mandell
Prize goes to prof. Stern
Marion Kauffman Foundation awarded the first Ewing Marion
Kauffman Prize Medal for Distinguished Research in Entrepreneurship
to the Kellogg School's Scott
Stern. The medal was presented to the associate professor
of management and strategy in January.
of the life and work of its founder, Ewing Kauffman, the Kauffman
Foundation established the Kauffman Prize Medal to recognize
and promote outstanding research in entrepreneurship. The
medal, which includes a $50,000 prize, is awarded every two
years to one scholar under age 40 whose research has made
a significant contribution to entrepreneurship.
Stern received the
medal for his enterprising research into the idea marketplace,
which will permit the development of new market approaches that
enable entrepreneurs to better produce and sell their intellectual
"My research concentrates on how technology entrepreneurs
confront the challenges associated with turning an 'idea'
into a competitive advantage," said Stern.
"Technology entrepreneurship thrives when start-up innovators
are able to simultaneously protect their ideas and create a
foundation for future innovation. I am deeply honored by this
recognition from the Kauffman Foundation."