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business Accomplishments
Jun 20, 2017
Forty undergraduates recently were awarded scholarships through the office of undergraduate research's summer undergraduate research funding (OUR SURF) program. These scholarships support undergraduate research, scholarship, entrepreneurial, performance, or visual art projects in the summer months. A total of $39,000 in funding was contributed by the following 11 colleges/programs:
Allied Health Sciences
Community Health Sciences
CSUN
Engineering
Fine Arts
Honors
Liberal Arts
Nursing
OUR-UNLV
Provost's office
Sciences
A full list of recipients is available online. To learn more about their projects, attend the Summer Undergraduate Research Forum on Aug. 9.
Jun 19, 2017
Stephen Brown (Economics) and co-author, Hillard Huntington of Stanford University have had their paper "OPEC and World Oil Security" accepted for publication in Energy Policy, a top journal in the industry. The publication date has not been determined.
Jun 16, 2017
Stephanie Vega (Business), along with Claudia Andracki, '17 MBA, won the grand prize in the 2017 Dominic Anthony Marrocco Southern Nevada Business Plan Competition for their Aftaz Growing Systems . The competition, which offers $50,000 in cash and prizes, wrapped up June 9 after more than a month of competition that included executive summaries, business plans, and elevator pitches.
Aftaz Growing Systems designs and builds aquaponic growing systems that allow individuals and organizations to grow a variety of vegetables in a sustainable way. Aftaz has designed a single-bed system called The UniStar that is perfect for home and educational use. Aftaz also has the ability to design custom systems that will fit any space. Such systems currently are in use at Andracki's Desert Bloom Eco Farm.
This marked the eighth year of the competition, which attracts aspiring entrepreneurs who have a passion, drive, and determination for a new business idea or one in the early stage of development. The competition is open to residents of Nevada’s Clark, Nye, and Lincoln counties and the plan must indicate the business will be incorporated in those regions.
Jun 13, 2017
Robert Randolph (Management, Entrepreneurship, & Technology) received the best paper award at the 2017 Family Enterprise Research Conference in Asheville, North Carolina, for presenting the research study "Seeing Forests for the Trees: Knowledge Diversity and Causation Logics in Family Firms." The paper was co-authored with faculty at University of North Carolina - Greensboro, Missouri University of Science & Technology, and Marmara University in Turkey.
May 12, 2017
Janet Runge (Center for Entrepreneurship) coordinated a five‐way partnership between Lee Business School, Cox Communications, Bank of Nevada, Caesars Entertainment, and Manheim Nevada that has produced 12 new graduates of the Small Business Leadership Academy (SBLA). The SBLA certificate program aims to empower participants with the ability to overcome the business challenges of today and tomorrow. Course participants made a 32‐hour commitment over eight weeks and received fresh business insight as well as three continuing education credits for their effort. This is only the second cohort of graduates. The next session is scheduled for the fall.
May 11, 2017
John Starkey and Erica Shelton (both Business) were instrumental in Starkey's spring BUS 103 class, Business Connections/First Year Seminar, raising $4,054.66 for the National Children's Cancer Society. Shelton, a freshmen business student, took charge and led the class of 21 students in its fundraising efforts. The students hosted tables around campus, spreading awareness and raising money for the cause. In addition, they hosted a fundraising event at Mandalay Bay and also raised funds individually. At the beginning of the semester, the students chose the charity for which it wanted to raise money.
According to the is charity's website, since 1987 it has helped more than 40,000 children with cancer and their families by:
Providing ongoing emotional support
Distributing more than $63 million in financial assistance
Educating thousands of survivors and their families with its educational resources
May 10, 2017
Anjala Krishen (Marketing and International Business) was invited to present at the International Conference on Business Sciences at Cairo University in Egypt in late April. Fellow presenters included professors from the business schools at University of Michigan, University of Portsmouth, University of Warwick, and the University of California, Berkeley. At the conference, Krishen's keynote session, "In the Age of Overload: Relationships, Media, and Information in the Marketplace," was well received by attendees and further solidified Lee Business School as an internationally recognized business education institution.
May 5, 2017
Rachel Farner, Muhammed Thabet, Drew Brunson, Wayman Wittman, Artur Maryamov, Daniel Vargas, Michael Philichi, (all Business), Brian Garrido (Management, Entrepreneurship, and Technology), and Albert Antero (Computer Science) were honored at the recent 2017 Donald W. Reynolds Governor’s Cup Collegiate Business Plan Competition.
MBA students Farner, Thabet, and Brunson were named first-place winners in the graduate division. Their winning plan was based on their organization, RAD, which is a new technology to manage knee pain and replacements. Fellow MBA students Wittman, Maryamov, Vargas, and Philichi placed second for their idea called Window Magic, a new use for OLED (organic light-emitting diode) technology that will alter the view from hotel guest room windows.
In the undergraduate division, Brian Garrido (Management, Entrepreneurship, and Technology) and Albert Antero (Computer Science), both of whom are pursuing minors in UNLV Global Entrepreneurship Experience (GEE), garnered second place. They envision their company, GameTrainer, as an esports website where users learn how to improve at video games, and get trained and coached by top-ranking players.
Starting with a field of more than three dozen teams, UNLV had eight teams make the semi-finals before taking three of the seven awards at the finals — for a grand total of $55,000 in cash and prizes to be used to bring the ideas to market. The graduate teams were advised by Leith Martin, director of the Center for Entrepreneurship, and the undergraduate team was advised by GEE coordinator Janet Runge.
All three teams move on to the Donald W. Reynolds Tri-State Competition to compete against teams from Nevada, Arkansas, and Oklahoma on May 31.
Apr 10, 2017
Stephen Miller (Center for Business and Economic Research), along with Mike Wixom of Smith, Larsen, and Wixom Attorneys; Kevin Bagger of the Las Vegas Convention and Visitors Authority; and Sallie Doebler of the Las Vegas Metro Chamber of Commerce, participated in a panel discussion, "Two Building $4 Billion" in April. The conversation explored the proposed Convention Center expansion and stadium. The event is the first in a series of four and is for members of the Las Vegas chapter of NAIOP Commercial Real Estate Development Association, the premier trade association for developers, owners, and investors in industrial, office, and related commercial real estate.
Mar 28, 2017
Daniel Chi (Finance) is the author of "The Dynamics of Performance Volatility and Firm Valuation," which was published in the Journal of Financial and Quantitative Analysis.This publication is considered to be an A+ journal.
It is well known that riskier firms have lower valuation. But it is equally well known that smaller firms are riskier, yet have higher valuation. How could this be? In the article, Chi shows through a theoretical model (and empirical evidence) that smaller firms have invested in fewer available investment opportunities, that is, they are less diversified, and so more volatile or riskier. Yet, they also have more investment opportunities to invest in the future, and these investment opportunities are reflected by higher valuation. Thus, smaller firms are riskier, yet have higher valuation.
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