Kellogg World Alumni Magazine Spring 2005Kellogg School of Management
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  Scott Stern
  © Nathan Mandell
Professor Scott Stern

Kauffman Prize goes to prof. Stern

The Ewing 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.

In commemoration 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 property.

"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."
©2002 Kellogg School of Management, Northwestern University