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Posted 2.3.09

The 2009 recipient of the Global Award for Entrepreneurship Research, the world's most prestigious award in entrepreneurship research, was awarded to Weatherhead Economics Professor Scott A. Shane.

The award, originally instituted as the FSF-Nutek Award in 1996, honors outstanding research contributions furthering the understanding of the role and importance of entrepreneurship and small business development. It has received considerable attention worldwide and its recipients have been awarded for work spanning from entrepreneurship policy to the importance of small firms for innovation and job creation.

"Professor Shane has an impressive and innovative range of publications that cover practically all of what we recognize as entrepreneurship research," said Professor Magnus Henrekson, chairman of the award committee. "His contributions have strongly influenced scholarly work in the field and his efforts to promote entrepreneurship as a legitimate field of research have contributed to enhancing its position within the social sciences."

Shane has studied the entire spectrum from imitative start-up firms to the high-end research-based, technology-intensive and venture capital-backed firms. He has published significant works regarding all major aspects of the entrepreneurship phenomenon including the individual, the opportunity, the organizational context, the environment, and the entrepreneurial process.

On behalf of the Weatherhead School of Management, we would like to congratulate Professor Shane on his tremendous achievement.

For more information on the award and Professor Shane, please visit www.e-award.org

Professor Shane was also featured on the BusinessWeek blog.

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