Walker Center for Global Entrepreneurship Newsletters and Articles

Stay up-to-date on the latest activities and events at The Walker Center for Global Entrepreneurship at Thunderbird. The Center's newsletters also profile the accomplishments and achievements of our faculty, staff, students and alumni around the world who move forward in their global approach to business.

Current Newsletter (November 2009)
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Notes from the Director...

By: Robert Hisrich Ph.D.
Director, Walker Center for Global Entrepreneurship
Garvin Professor of Global Entrepreneurship

Since our last newsletter, there have been several additions to the Walker Center community – Mandi Bullough, Gary Gibbons, Katherine Hutton, and Melissa Beran Samuelson. Mandi Bullough will shortly receive her Ph.D. from Florida International University. On November 1 she will start at Thunderbird as an Assistant Professor and Academic Director of the Goldman Sachs Afghanistan Women Entrepreneurship program. The Spring trimester she will teach a course much in demand (in the typical Thunderbird tradition) – Social Entrepreneurship.
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Sub-Prime: Initially Thought to Be a Capital Idea - It's Turned out to Be a Capital Loss, What Now?

By: Gary Gibbons Ph.D.
Visiting Professor

As of the end of last month (August 2008), the world's biggest banks and security firms had taken write-downs or written off $506.1 billion (net of hedges and offsets) in sub-prime mortgage-related assets. The top three U.S. firms (Citigroup, Merrill Lynch and Wachovia Bank) have written off $129.6 billion. Many large U.S. firms have been seriously impacted: the equity value of Wachovia Bank is down 52% this year, Washington Mutual is down 73%, Citigroup is down 29% and Lehman Brothers is down to nothing. Virtually all of our money center and large regional banks have been negatively impacted.
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Going International:
Being an International Entrepreneur

By: Robert Hisrich Ph.D.

Many entrepreneurs find it difficult to expand and manage their ventures expanding into the global marketplace. Yet, never before has there been so many interesting and exciting international business opportunities. The movement of the once more controlled economies of the former Eastern and Central Europe, the former USSR, and the People's Republic of China to market orientation, the expansion of the Pacific Rim and South America, and the awakening of countries in the African continent provide a myriad of possibilities for entrepreneurs wanting to launch businesses in a global market as well as for businesses of existing entrepreneurs to expand globally.
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Entrepreneurship Makes for a "Plan B" for Thunderbird EMBAs

By: Steven Stralser Ph.D.
Clinical Professor

When Amol Khade, Govind Arora and Venkat Kallapati enrolled in the Executive MBA program, they came with a mixed set of "corporate" backgrounds, a mixed set of perspectives and corporate experience, and they collectively did not think that one of the "deliverables" of their Thunderbird EMBA would be a new venture.
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