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Kelly Shaver, Professor of Entrepreneurial Studies

Kelly Shaver, Professor of Entrepreneurial Studies

Kelly Shaver, professor of entrepreneurial studies in the School of Business, was awarded the College of Charleston Distinguished Research Award for his significant career of research. Shaver was honored on April 22 at the College’s Celebration of Faculty ceremony in the Stern Center Ballroom with a $1,500 award and a framed certificate.

The Distinguished Research Award was established in 1977 and is awarded to one recipient annually. Shaver is the first School of Business faculty member to receive this prestigious award.

“This is a wonderful honor; one that I hope in the future will be shared by other scholars in the School of Business,” said Shaver.

Recipients of the Distinguished Research Award are chosen based on the body of the nominees’ scholarly and/or creative works within the past few years, and are judged for their quality and significance as well as their quantity.

Shaver’s scholarly research expertise is steeped in topics such as social and cognitive processes in entrepreneurial behavior, and attribution of causality, responsibility and blame. His highly cited work has been supported by the Virginia Center for Innovative Technology, the Ewing Marion Kauffman Foundation, and the Partnerships for Innovation Program at the National Science Foundation.

In addition, Shaver was recently honored by the United States Association of Small Business and Entrepreneurship (USASBE). He was selected as a USASBE Justin G. Longenecker Fellow, a recognition given to “individuals who have made an outstanding contribution to the development, furtherance, and benefit of small and medium businesses.”

Volvo Plan is Potential ‘Game Changer’

By Kate Caparisos
Posted on 27 April 2016 | 1:54 pm — 
Frank Hefner, professor of economics and director of the Office of Economic Analysis

Frank Hefner, professor of economics and director of the Office of Economic Analysis

Frank Hefner, professor of economics and director of the Office of Economic Analysis at the College of Charleston School of Business, talks with the Orangeburg Times and Democrat about the economic impact of the Lowcountry’s new Volvo plant. Read the full story.

Rene Mueller, Professor of Marketing and Director of the International Business Program

Rene Mueller, Professor of Marketing and Director of the International Business Program

School of Business professor Rene Mueller has been appointed to the South Carolina District Export Council (SCDEC), a role that will allow her to guide businesses in the region in their efforts to export goods and services.

“The South Carolina District Export Council helps South Carolina businesses succeed in the global economy,” said Mueller. “I am thrilled to join other business professionals on the committee to help foster growth.”

Dorette Coetsee, director of Columbia U.S. Export Assistance Center, nominated Mueller for her knowledge of international business, past work with the SC International Trade Coalition and the Brookings Institute Export Initiative, and willingness to dedicate time to the SCDEC.

The District Export Council brings together business leaders from local communities with expertise in international business. The mission is to increase economic growth in the state and create higher-paying jobs. Members hail from across the state and from companies and organizations including the S.C. Department of Commerce, U.S. Small Business Administration, and US Commercial Service. Rene and 30 other council members will mentor business owners, organize educational seminars and raise awareness about export opportunities in the state.

Mueller is a professor of marketing and director of the International Business Program at the School of Business. She also serves as the director of the Global Business Resource Center, which supports continued development of international education opportunities so students may gain the necessary international business skills, cross-cultural experience and foreign language proficiencies needed to compete effectively in today’s globalized economy.

In addition, Mueller is currently helping to lead an initiative between the School of Business, Jewish Studies and the Clinical Biotechnology Research Institute at Roper St. Francis to connect College of Charleston students with Israeli start-ups. Through this initiative, students produce business plans for Israeli businesses to pitch to investors.

Mueller holds a Ph.D. in international marketing, an MBA and B.S. in economics.

Young Gun Alum | Donald Schneider ’12

By Kate Caparisos
Posted on 11 April 2016 | 1:28 pm

He might only be 26, but this School of Business alum is already impacting tax policy on Capitol Hill.

Donald Schneider ’12 is the senior economist for the Committee on Ways and Means at the U.S. House of Representatives. The Ways and Means Committee has a wide jurisdiction encompassing tax policy, international trade, health care, Social Security, and welfare. Schneider advises the Chairman and committee staff on economic issues – and also provides analysis on macroeconomic modeling of fiscal policy, the debt limit and budgetary matters, as well as poverty and income mobility.

Donald Schneider 12, senior economist for the Committee on Ways and Means at the U.S. House of Representatives

Donald Schneider 12, senior economist for the Committee on Ways and Means at the U.S. House of Representatives

And he is getting noticed. Forbes recently named him to its 30 Under 30 list, an annual honor awarded to 600 young entrepreneurs and talent in 20 different sectors. Schneider made the list for law and policy.

“It is amazing to see what our students are capable of achieving after they graduate,” said Peter Calcagno, professor of economics and director of the Center for Public Choice and Market Process. “I had the pleasure of teaching Donald in two of my classes and he was a great student.  It has been fun keeping up with him and watching him become an impressive young economist.”

For his part, Schneider credits School of Business professors with fanning his interest in economics. His father introduced him to the field at an early age because he holds a Ph.D. in Economics and spent his career working on policy.

Schneider recalls changing his original plan to major in international business after taking microeconomics with Douglas Walker, professor of economics, his freshman year. That, followed by other coursework, particularly macroeconomic analysis, comparative economic systems, and senior seminar, fueled his interest in policy and the role of empirical research.

Schneider took these skills to graduate school at Johns Hopkins University, where he earned an MA in Applied Economics and went on to work at a think tank and later as an economist at the House Budget Committee for now Speaker Paul Ryan in D.C.

“Donald is a great example of what happens when talent and drive intersect,” said Mark Witte, associate professor of economics, who served as Schneider’s academic advisor and helped guide his graduate study plans. “Seeing him evolve from undergrad, to graduate student, to policy maker reminds all of us about the importance of education’s role in life.”

Research from eight School of Business professors and one School of Sciences and Mathematics professor is being presented at the American Real Estate Society (ARES) annual meeting in Denver from March 29 to April 2, 2016.

The ARES annual meeting is one of the most prestigious real estate conferences, bringing together academic and professional real estate thought leaders from around the world to present new research, discuss current issues, and learn about new trends over a broad spectrum of real estate related topics.

College of Charleston faculty members whose papers will be presented at the meeting include:

  • Lynn Hammett, adjunct professor of finance in the School of Business, and Elaine Worzala, executive director of the Carter Real Estate Center and professor of real estate in the School of Business, on “Positive and Negative Impacts of Government Incentive Based Development Programs After a Disaster: Lessons Learned from Florida after the 2004 Hurricane Season;”
  • Jocelyn Evans, professor of finance in the School of Business, and Garrett Mitchener, associate professor of mathematics in the School of Sciences and Mathematics, on “An ownership network framework for managers’ accelerated SEO decisions: The importance of connected institutional investors in the real estate industry,” co-authored with Timothy Jones, Xaviar University;
  • Christopher Cain, assistant professor of real estate in the School of Business, and Norman Maynard, assistant professor of economics in the School of Business, on “Solving Old Puzzles with New Tricks: Addressing Endogeneity and Nonlinearity in Housing Research,” co-authored with Justin Benefield, Auburn University;
  • Christopher Cain, Daniel Huerta, assistant professor of finance in the School of Business, and James Malm, assistant professor of finance in the School of Business, on “Owning Paradise: Living where others vacation when the bubble bursts;” and
  • David Wyman, assistant professor of management and marketing in the School of Business, and Christopher Mothorpe, assistant professor of economics in the School of Business, on “The Ultimate View – A Spatial Analysis of Visual Amenities.”
Dr. Elaine Worzala, executive director, Carter Real Estate Center.

Dr. Elaine Worzala, executive director, Carter Real Estate Center.

Worzala, Evans, Cain and Wyman will be in attendance at the meeting to present their respective papers.

“The American Real Estate Society is one of the premier real estate associations in the United States, so I am thrilled to have such a strong representation from the College of Charleston School of Business at its annual meeting,” said Worzala, who currently serves as a board member for ARES and has attended the annual conference for more than 25 years. “I look forward to continue building our reputation as a prominent research team in the real estate industry.”

In addition to presenting her research, Worzala will be serving as moderator for a panel entitled, “Issues that Vex and Perplex the Global Valuation Profession.” She will also present on a panel called, “Using Competitions, Technology and Professional Associations in the Classroom,” in which she will discuss relevant learning opportunities available to College of Charleston students, including the annual ARGUS Software University Challenge and Alpha Sigma Gamma, the International Real Estate Honorary Society.

The College of Charleston School of Business is one of only a handful of universities in the U.S. to offer an undergraduate minor in real estate.

More than 300 individuals comprised of real estate thought leaders, researchers and educators from around the world will attend the 32nd annual, five-day conference.

About the Carter Real Estate Center

The College of Charleston School of Business’ Carter Real Estate Center (CREC) brings together students, faculty, and industry leaders including alumni to develop further understanding of real estate knowledge, skills, and trends in the local industry and in targeted regions around the world.  The CREC builds relationships with the business community to support our students’ professional development while providing brokers, developers, investors, property owners, and other employers with talented, ready-to-work graduates.

More than 475 College of Charleston students, faculty, staff and members of the business community filed into the Sottile Theatre on March 18 to attend the inaugural Celebrating Women Entrepreneurs Summit. The event was organized in an effort to inspire entrepreneurs and raise awareness of the potential for innovation and economic expansion for women and by women.

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Erin Andrew, director of the Office of Women’s Business Ownership at the U.S. Small Business Administration

The Summit, presented by the School of Business’ Center for Entrepreneurship and the Office of Economic Development, featured a panel of female entrepreneurs who have secured funding, found mentors and cultivated the elements needed to launch and grow their businesses.

“I was thrilled to see the turnout at the Celebrating Women Entrepreneurs,” said Alan T. Shao, dean of the School of Business. “The event was a huge success, spotlighting an impressive lineup of accomplished and creative women entrepreneurs, while providing students with tremendous learning opportunities.”

Amy Love, director of the Office of Innovation at the S.C. Department of Commerce, served as master of ceremonies for the Summit, and Erin Andrew, director of the Office of Women’s Business Ownership at the U.S. Small Business Administration, presented a keynote speech on “Trending Now: Sparking New Opportunities for Women Entrepreneurs.”

“Understand your power. Own your power. Use your power,” said Andrew in her keynote address. “Use the power you have as a woman business owner to help your community.”

A panel of female entrepreneurs spoke on creativity in business, including:

  • Jeni Britton Bauer, founder and CEO of Jeni’s Splendid Ice Creams,
  • Natalia Castillo, founder and CEO of Escapada Living,
  • Carolyn Hunter, president and owner of several South Carolina McDonald’s franchises,
  • Krissa Watry, co-founder and CEO of Dynepic, Inc.,
  • and Nina Sossamon-Pogue, vice president of media for Benefitfocus.

Anita Zucker, chairperson and CEO of The InterTech Group closed the summit with a keynote speech entitled “Love the Journey,” in which she offered the following advice: “Take a risk and network. Let your passions drive you.”

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Anita Zucker, chairperson and CEO of The InterTech Group

“It was exciting to hear accomplished entrepreneurs, especially women entrepreneurs, tell their stories and share ideas with others.  Their stories, advice, and insight will, no doubt, serve to inspire our students to follow their dreams,” said Bobby Marlowe, senior vice president for economic development at the College of Charleston. “The College of Charleston was honored to be the host of the inaugural Summit and will continue to support and enhance the entrepreneurial ecosystem.”

In addition to the keynote and panel presentations, the Student Entrepreneur of the Year and winner of the Innovator Games were announced at the Summit, and the featured CofC Alumna Entrepreneur Spotlight also took the stage.

Carlie Christenson, sophomore, was honored as the Student Entrepreneur of the Year and awarded $1,000. Christenson is the founder of Boob-eez, an undergarment product that offers an invisible barrier between breasts and clothing.

Senior Grace Neil, computer information systems major, won the Innovator Games – a competition based event by Summit sponsor Think Ideally, intended to inspire and activate innovation for student and community entrepreneurs – and was also awarded $1,000. Neil is currently developing an app called “Hey W8R,” which serves as a tool to get your waiter’s attention when dining out.

Allison Gilmore ’81, co-founder of DuMore Improv, was featured as the CofC Alumna Entrepreneur Spotlight. Gilmore facilitated an improv session in which she advised using a “yes, and…” approach to professional challenges.

The Summit was sponsored by Think Ideally, an organization dedicated to solving problems, facilitating innovation, and cultivating entrepreneurial skills. Additional sponsors for the event included the S.C. Department of Commerce, The McNair Center for Entrepreneurship at Columbia College, Skirt magazine, and the Town of Mount Pleasant.

“There is something about a gathering of strong, spirited women that lights a fire under you, starts conversations and gets ideas flowing that wouldn’t otherwise happen,” said alumna Harriett Lee ’08, entrepreneur and owner of Whisper & Roar.

“The Celebrating Women Entrepreneurs Summit provided exactly this environment for organic networking to happen. I loved hearing all the fearless women sharing their entrepreneurship stories about owning your power, not being afraid to negotiate, and having the gumption to say ‘No, I think you can handle taking the notes’.”

See photos from the Celebrating Women Entrepreneurs Summit here.

Three College of Charleston students have been granted full scholarships and stipends to Hong Kong-based Lingnan University’s Master of Science in Human Resource Management and Organizational Behavior program upon graduation.

The recipients of the scholarships are:

  • Eva Ho, double major in international business and accounting, minor in Japanese studies;
  • Anna Nooney, double major in hospitality and tourism management and business administration; and
  • Vu Tran, double major in international business and supply chain and information management, minor in global logistics and transportation.

The students, all currently seniors, will head to AACSB-accredited Lingnan University in August to begin the year-long program, which provides students with the necessary management competencies to pursue careers in human resource management and leadership.

This is the second consecutive year that College of Charleston School of Business students have received full scholarships to Lingnan University, which includes HK$152,000 for tuition and a stipend of HK$20,000. In August 2015, three College of Charleston graduates joined Lingnan University’s 2015-2016 graduate program.

Henry Xie, associate professor of marketing and international business

Henry Xie, associate professor of marketing and international business

“I am thrilled that Lingnan University has recognized the quality of our students for two years in a row,” said Y. Henry Xie, associate professor of marketing and international business. “The opportunity to study in the culturally and economically vibrant city of Hong Kong will be a life-changing experience for these students.”

Students completed a challenging application process with a round of preliminary interviews in December 2015 when Nancy Chen, program director of Lingnan University’s MSc in Human Resource Management and Organizational Behavior program, visited the School of Business. A second round of interviews by Skype followed in January.

Lingnan University representatives were impressed with the academic caliber and interview performance of all nine College of Charleston applicants. The University offered a total of four scholarships to schools in the U.S., three of which were granted to College of Charleston business students.

Xie has been a champion of the Lingnan University scholarship program at the College’s School of Business since he guest lectured at the Chinese university during his sabbatical in Spring 2013.

The Southeastern Chamber of Commerce (SCC) recently recognized the College of Charleston School of Business MBA program for its excellence. The one-year MBA program was honored at the second annual Emerging Leaders Night on January 14 in North Charleston, S.C. for its personal commitment, dedication, and performance.

The evening celebrated leaders and companies within the Lowcountry and neighboring parts of the state. The Chamber honored more than 25 businesses including Key West Boats, Hyatt Hotel & Hyatt House, Nucor Steel, Fred Anderson Toyota and TD Bank.

College of Charleston One-Year MBA“This is a terrific endorsement of our MBA program, which continues to grow and mature,” said Jim Kindley, MBA program director.

The one-year, full-time global MBA program has focus areas in finance, marketing and hospitality revenue management, and is accredited by AACSB International.

The SCC is a nonprofit, membership organization dedicated to improving businesses and tourism throughout the Southeastern Region of the U.S. The North Charleston based organization has been connecting regional business owners, economic developers, educators, media and organizations since 2005.

“This is a powerful testament to the commitment of our faculty, staff and engaged students,” said Alan Shao, dean of the School of Business. “The MBA program is a cornerstone of the School of Business and we are honored to be recognized alongside leading companies in the Lowcountry.”

The SCC is comprised of regional business owners, economic development members, educators, media, community based organizations and decision makers with one common goal: To develop strategies and set policies to better serve all business interests throughout the Southeastern Region.

Forty-eight students in the College of Charleston School of Business MBA program departed for their global immersion destinations last week – half jetted to Chile and the rest headed to Panama. The study abroad trip is one of the requirements to earn the MBA degree in one year.

Students in Chile listen to a talk at at Antofagasta, the country's leading energy producer

Students in Chile listen to a talk at at Antofagasta, the country’s leading energy producer

Chile and Panama are both developing rapidly – economically, politically and culturally – making them ideal locations to study global business operations, market drivers, cultures, regulations and institutions. Both countries will be important players in the 21st century.

“Having students in these two distinct but emerging economies at the same time is a unique opportunity for them,” said Jim Kindley, director of the MBA program. “I’m looking forward to a dynamic dialogue among both groups upon their return.”

Students in Chile are immersed in the culture of Santiago, Chile’s capital and one of the largest cities in Latin America, and are learning about Chile’s business sector through site visits and meetings with:

  • Santiago Stock Exchange;
  • AgroSuper, a food industries holding company;
  • Vina Vintisquero, a winery in Valparaiso;
  • Antofagasta, a Chile-based bopper mining group;
  • Chilectra, the largest distribution company in Chile in terms of energy sold; and
  • StartUp Chile, a seed accelerator created by the Chilean government.

The group in Panama is getting a close-up look at the capital and financial center of the country by touring Panama City and embarking on a full-day Jungle Boat Tour to see the work being done to expand the Panama Canal. The itinerary includes meetings, tours and lectures at:

  • AmCham Panama, the American Chamber of Commerce Panama;

    Students in Panama met with executives from AmCham Panama where they were given company overviews, insights into Panama’s economic condition and involvement in Panama-U.S. trade relations.

    Students in Panama met with executives from AmCham Panama where they were given company overviews, insights into Panama’s economic condition and involvement in Panama-U.S. trade relations.

  • CitiBank;
  • AguaClara Expansion Project, a social enterprise devoted to expanding access to clean water throughout the country;
  • Manzanillo International Terminal, a distribution center for cargo destined for cities within Panama and nearby countries in Central America and the Caribbean;
  • Expert Global Solutions, the world’s largest privately owned Business Process Outsourcing company;
  • AES Energy, a Fortune 200 global power company;
  • Dell Panama; and
  • Trump Ocean Club International Hotel & Casino.

Previous MBA classes have studied in China, Vietnam, Dubai and Brazil. Several MBA graduates landed careers in those countries at places such as Anheuser Busch Inbev Vietnam and the State Grid Corporation of China in Shanghai.

[Related: Watch video highlights about previous years’ global immersion trips.]

See highlights from the students’ ten-day immersion trips on the School of Business MBA Facebook page.

Give To What You Love!

By Kate Caparisos
Posted on 5 January 2016 | 10:41 am

Every Valentine’s Day, we celebrate the people we love by giving them tokens of our affection. But what about the causes and initiatives we are passionate about?

This February, we’re giving you a chance to give to what you love at your business school. We are launching a month-long fundraising campaign that will allow you to enhance student outcomes by making a gift to support the “corner” of the School of Business that was most significant to you.

During this campaign, you will be invited to celebrate your department, a program or professional center, or the School of Business at large with a gift that is meaningful to you.  By joining with fellow alumni and friends, you will be ensuring that today’s business school students are provided ready-to-work preparation and BOUNDLESS opportunities.

So, when the month of love rolls around and you want to do more than candies and flowers, look out for the opportunity to #GiveToWhatYouLove.

If you’d like to learn more, or if you’re ready to give to what you love now, please contact Colby Rankin, director of development for the School of Business, at rankinc@cofc.edu or 843.953.3633.

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