The Economics and Law of the Entrepreneur
Wednesday, June 18th — Thursday, June 19th, 2008
The goal of this Research Symposium is to provide a forum where economists and legal scholars can gather together with Northwestern University 's own distinguished faculty to present and discuss high quality research relevant to the economics and law of the entrepreneur. Panels cover research on Venture Capital and the Entrepreneur; Entrepreneur Law; Economic Growth and Development; Innovation and the Entrepreneur; and The Social Context of Entrepreneurship.
The conference is organized by Professor Daniel F. Spulber, Elinor Hobbs Distinguished Professor of International Business and Professor of Management Strategy, Kellogg School of Management, Northwestern University in cooperation with the Journal of Economics & Management Strategy (JEMS). JEMS will publish a special issue on the economies of the entrepreneur.
Day One—Wednesday June, 18th 2008
12-1 pm Lunch
1:00-1:15 Welcome and Introduction
Henry N. Butler, Executive Director, Searle Center, Northwestern University School of Law
Daniel F. Spulber, Elinor Hobbs Distinguished Professor of International Business and Professor of Management Strategy, Kellogg School of Management, Northwestern University
1:15-3:00 Session One—Venture Capital and the Entrepreneur
Moderator: Olufunmilayo Arewa, Associate Professor of Law, Northwestern University School of Law
Competition between Informed Venture Capitalists and Entrepreneurs' Fund-Raising Strategy
Carole Haritchabalet, Toulouse School of Economics
Venture Capital Exit Rights
Carsten Bienz, Assistant Professor, Department of Finance and Management, Norwegian School of Economics and Business Administration
Uwe Walz, Professor, J. W. Goethe-Universität Frankfurt/ Main
Financing Start-Ups
Joaquin Poblete, Kellogg School of Management, Northwestern University
3:00-3:30 Break
3:30-5:30 Session Two—Entrepreneur Law
Moderator: Henry N. Butler, Executive Director, Searle Center on Law, Regulation, and Economic Growth, Northwestern University School of Law
Law and Entrepreneurial Opportunities
D. Gordon Smith, Glen L. Farr Professor of Law, J. Reuben Clark Law School, Brigham Young University
Darian M. Ibrahim, Associate Professor of Law, James E. Rogers College of Law, University of Arizona
The Effect of Litigation on Venture Capitalist Reputation
Vladimir Ivanov, Assistant Professor, University of Kansas School of Business
Schumpterian Law: Rethinking the Role of Law in Fostering Entrepreneurship
Viktor Mayer-Schönberger, Associate Professor of Public Policy, John F. Kennedy School of Government, Harvard University
Discussants:
Henry E. Smith, Fred A. Johnston Professor of Property and Environmental Law, Yale Law School
Masako Ueda, Assistant Professor of Finance, University of Wisconsin-Madison School of Business
Peter H. Huang, Harold E. Kohn Chair Professor of Law, Temple Law School
5:30-6:30 Reception (Atrium)
6:30 Dinner/Keynote Address
Entrepreneurship, Innovation and Economic Growth
David B. Audretsch, Distinguished Professor and Ameritech Chair of Economic Development and Director of the Institute for Development Strategies at Indiana University
Day Two—Thursday June 19th, 2008
8:00-8:30 a.m. Continental Breakfast
8:30-10:15 Session Three —Economic Growth and Development
Moderator: Kenneth Ayotte, Associate Professor of Law, Northwestern University School of Law
Rent Seeking, Market Structure and Growth
Daniel Brou, Ph.D Candidate, Economics, Columbia University
Financial Development, Entrepreneurship, and Job Satisfaction
Milo Bianchi, Post-Doctoral Fellow, Paris School of Economics
Bureaucratic Start-Up Costs, Entrepreneurial Capital, and Sectoral Growth
Christian Fons-Rosen, London School of Economics
10:15-10:30 Break
10:30-12:00 Session Four—Innovation, Contracts, and the Entrepreneur
Moderator: Daniel F. Spulber, Elinor Hobbs Distinguished Professor of International Business and Professor of Management Strategy, Kellogg School of Management, Northwestern University
Scarcity of Ideas and Options to Invest in R&D
Nisvan Erkal, Assistant Professor, University of Melbourne, Department of Economics
The Entrepreneurial Spawning of Scientists and Engineers: Stars, Slugs, and the Small Firm Effect
Daniel W. Elfenbein, Assistant Professor of Organization and Strategy, Washington University in St. Louis
Relational Contract and Replaceability
Yuk-fai Fong, Assistant Professor of Management and Strategy, Kellogg School of Management, Northwestern University
Jin Li, Senior Lecturer/Donald P. Jacobs Scholar , Kellogg School of Management, Northwestern University
Peter Andrew Schnabl, Massachusetts Institute for Technology, Department of Economics
12-1:00 p.m. Lunch/Keynote Address
Billions of Entrepreneurs: How China and India Are Reshaping Their Futures and Yours
Tarun Khanna, Jorge Paulo Lemann Professor, Harvard Business School
1:00-2:30 Session Five—The Social Context of Entrepreneurship
Moderator:
Peter G. Klein, Associate Professor, University of Missouri, Division of Applied Social Sciences
Group Status and Entrepreneurship
Simon C. Parker, Head of Department, Department of Economics & Finance, Durham University
C. Mirjam van Praag, Professor of Entrepreneurship and Organization, Faculty of Economics and Business, University of Amsterdam
American Indian Entrepreneurs: Unique Challenges, Unlimited Potential
Robert J. Miller, Professor, Lewis & Clark Law School
A Law and Economics Perspective on Entrepreneurship in China's Marketizing Economy
Linda Yueh, Fellow in Economics, University of Oxford
Legality and Venture Governance Around the World
Douglas Cumming, Associate Professor of Finance and Entrepreneurship, and Ontario Research Chair, York University Schulich School of Business
Uwe Walz, Professor, J. W. Goethe-Universität Frankfurt/ Main
2:30 Conference adjourns
Location
Northwestern University School of Law
Arthur Rubloff Building, Room 175
357 East Chicago Avenue
Chicago , IL 60611
Contact
For more information regarding this conference or other initiatives of the Searle Center , please visit www.law.northwestern.edu/searlecenter, call (312) 503-1811 or send an email to searlecenter@law.northwestern.edu.

