A professor in the Miller College of Business overcame about 250 submissions for an award at a small business and entrepreneurship conference.
Pankaj Patel, assistant professor of management, won the Journal of Small Business Management Best Empirical Paper at the United States Association for Small Business and Entrepreneurship Conference for his article about transnational entrepreneurs.
He said this was his fifth best paper award and the first since he finished his Ph.D. and became a professor.
The USASBE is the worlds largest independent organization that is dedicated to advancement in entrepreneurship and has more than 1,000 members worldwide who research and study the field, according to its Web site.
The paper, "Complementary Effects of Tie Strength and Network Range in Enhancing Transnational Venture Performance," analyzed the success of entrepreneurs who have working knowledge of two nations in which the company operates.
The paper asserted that for these entrepreneurs to be successful, they need to find a balance between a wide array of social contacts helping with the business and feeding information, as well as having close relationships with those contacts which facilitates better results.
Patel is working on two papers right now, he said. They will move from focusing on individuals to studying the field at a policy level.
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