Tag: Olin in the Media

Professor Anne Marie Knott’s, award-winning research tool RQ (Research Quotient) is now available via Wharton Research Data Services (WRDS), the data research platform and business intelligence tool for corporate, academic and government institutions worldwide.

“WRDS is very happy to offer RQ to our academic subscribers,” said Robert Zarazowski, Managing Director of WRDS. “We know that R&D plays a critical role in both firm growth and valuation, and I’m confident that RQ will be extremely useful to WRDS users.”

“I’m very excited WRDS is hosting RQ,” said Professor Anne Marie Knott. “It’s important for academics to make data available for study replication, but because RQ is derived from Compustat, I didn’t have permission to do that. WRDS solves that problem. Not only can scholars replicate RQ studies, but they can also retest prior innovation studies using patents. Since we now know patents don’t match expectations for a measure of R&D productivity, we think a number of prior results may be overturned.”

RQ enables researchers to link R&D to firm growth and market value; derive optimal firm R&D spending; examine revenue generation from R&D and assess undervalued firms. Used for notable academic research on R&D, and developed by Anne Marie Knott, Professor of Strategy at Olin Business School, Washington University in St. Louis, RQ is key for R&D-related inquiries.

RQ is available at no cost to academic institutions that maintain a subscription to S&P Capital IQ Compustat. A part of the Wharton School of the University of Pennsylvania, WRDS provides thought leadership, data access and research insight to corporations, universities and regulatory agencies worldwide.

Content from BusinessWire Press Release

READ MORE ABOUT RQ
HBR Article: The Trillion-Dollar R&D Fix
Paper: Measuring Innovation
2015 Olin Award Winner: The Broken Link Between R&D and GDP Growth

Wes Huffstutter, MBA’03, is CEO of QuadMetrics, a tech startup that is on the frontline of fighting cybercrime. Using research conducted at the University of Michigan in partnership with the Department of Homeland Security, QuadMetrics is developing a cloud-based service that “determines the probability of a breach at a particular company by collecting from its network more than 250 different data points, such as the misconfiguration of servers and routers or whether spam can be seen exiting the network,” according to a report on the Wall St. Journal website.

“The technology doesn’t require inside access and instead observes all such characteristics from the outside of the company’s network. That profile is then compared against predictive risk models. QuadMetrics looks for cybersecurity characteristics that share similarities with organizations that have historically reported incidents.”

Click here to read the WSJ article.

The NFL’s decision to move the St. Louis Rams football franchise to Los Angeles has more to do with money than sports, so it’s no surprise that the media has been turning to Olin experts for their views on the news.

Patrick Rishe, director of Olin’s Business of Sports Program has been making the rounds on local radio, TV, and national outlets including  this report on CNBC’s Squawk on the Street and this interivew with CNN Money.

Dan Elfenbein, strategy professor, told St. Louis Public Radio that the loss of the Rams could allow the city to focus attention and investment on more pressing needs like improving public schools. Listen to or read the report, “For some, the NFL’s departure from St. Louis is a ‘gut punch.'”

Hummingbird Technologies is creating a system that will grow fresh vegetables, spices, and herbs right on your kitchen counter – green thumb not required! Danny Varghese, MBA’16, is CFO of the startup that won an Arch Grants last year.  (more…)

Sparks are flying in the new issue of our annual alumni magazine, OlinBusiness. You’ll find sparks of genius, sparks of innovation, and entrepreneurs igniting sparks to create new businesses on nearly every page.

• Check out the cover story featuring current students and recent alumni-entrepreneurs
• Read and watch videos from Elevator Pitch, a new series where entrepreneurs take 60 seconds to sell you their new business idea
• Maxine Clark and Prof. Michelle Duguid discuss Women & Leadership
• Find out what blockchain technology could do for the banking industry
• Class Notes
• Link to bonus videos on YouTube
• and much more!!

Read OlinBusiness online: pdf version or flipblook.

Professor Joe Goodman’s research has some timely lessons for holiday shoppers. Adele Peters writes on the FastCompay website that Goodman has found that giving an experience instead of a physical thing makes the recipient happier.

“Experiences are great and lead to happiness because they tend to be more unique and less comparable than material goods,” he says. “But what that also means is because they’re more unique and less comparable, I need to know a lot about you to find an experience you’ll really enjoy.”

And that’s something he thinks more people should do. As more research continues to drive home the point that experiences make people happier, there are a few signs that the market is also changing, with a few new services that try to help you find experiences rather than objects.

Related News Release

Image: Flickr, The Commons: Santa Claus and models: Sarasota, Florida; Sarasota, Florida, 1965