NEWSRELEASE
For Release: January 9, 2006
Contact: John McDowell, (202) 205-6941
john.mcdowell@sba.gov
SBA Number: 06-02 ADVO
Dr. William Baumol Receives Advocacy Award For
Contributions To Entrepreneurship Research
Advocacy Sponsors Three Academic Seminars On Entrepreneurship
At The American Economic Association Annual Meeting
WASHINGTON, D.C. - Dr. William Baumol, distinguished economist and pioneer in entrepreneurship studies, has received the Office of Advocacy Special Small Business Research Award. The award, given at the annual meeting of the American Economics Association (AEA), is in recognition of a lifetime of research into entrepreneurship issues.
“Dr. William Baumol is a giant in the world of entrepreneurship studies,” said Dr. Chad Moutray, Chief Economist for the Office of Advocacy. “Dr. Baumol’s research and insights have added much to our knowledge of how entrepreneurs do what they do, and why they do it.”
Dr. Baumol’s previous honors and awards include ten honorary degrees, presidency of the American Economic Association, the Association of Environmental and Resource Economists, the Eastern Economic Association, and the Atlantic Economic Society, and membership in the National Academy of Sciences. He is Professor of Economics at New York University, and Professor Emeritus and Senior Research Economist at Princeton University as well as the author of numerous books and over 500 articles published in professional journals.
In celebration of Dr. Baumol’s achievements and insights, Advocacy sponsored three academic seminars on entrepreneurship, innovation, and growth at the AEA annual meeting. These sessions featured Dr. Baumol as well as other distinguished entrepreneurship scholars from Stanford, Columbia, MIT, the Ewing Marion Kauffman Foundation, the University of Chicago, Harvard, NYU, the Office of Advocacy, the World Bank, and other renowned institutions.
Designed to feature the latest research into entrepreneurship, the sessions covered a variety of topics with papers presented and discussed by the participants. The sessions highlighted the importance of the academic study of entrepreneurship and its contribution to the economy and society.
The Office of Advocacy, the “small business watchdog” of the government, examines the role and status of small business in the economy and independently represents the views of small business to federal agencies, Congress, and the President. It is the source for small business statistics presented in user-friendly formats and it funds research into small business issues.
For more information, visit the Office of Advocacy website at
www.sba.gov/advo.###
The Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government. The presidentially appointed Chief Counsel for Advocacy advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policy makers. For more information, visit
www.sba.gov/advo, or call (202) 205-6533.