Let it go! A strong bond to an idea makes collaboration more challenging

Ideas are all around us — helping solve problems, develop new products, and make important decisions. Good ideas are rarely created in a vacuum, however. They often emerge when people refine their ideas in response to suggestions and comments received from colleagues.Having strong bonds to an idea can make that necessary collaboration challenging, finds new research from Washington University in St. Louis. The study suggests that psychological ownership — the extent to which people feel as though an object, or idea, is truly theirs— may be at the root of this phenomenon.

Knight Center site of ‘gifted’ wedding

The Knight Center courtyard was the venue for the wedding of Kelly Ayers and Eric Patterson April 27. The couple, whose 8-year-old daughter was diagnosed at birth with a rare genetic disorder, wasgiven a “gifted wedding,” for which 35 local vendors — including Olin Business School’s Knight Center — donated time, talents and products.

The American dream still possible, but more difficult to achieve, students discover

In a modern society struggling to loose the grip of a lengthy economic recession, is the American dream really attainable? The dream may still be possible, though much more difficult to achieve, say a renowned macroeconomist and one of America’s foremost experts on poverty, co-teachers of a course on the American Dream this semester at Washington University in St. Louis.

Breaking ground at Olin

On May 7, Washington University in St. Louis broke ground on Knight Hall and Bauer Hall, a major expansion project that will nearly double the footprint of Olin Business School on the Danforth Campus. The buildings will be named for dedicated university benefactors and lead gift donors Joanne and Charles F. Knight and Carol and George Bauer.

Greece could be broke by June, economist says

If international lenders refuse to renegotiate substantial reductions in Greek public debt, chances are that whatever government emerges in Greece in the next few weeks will run out of cash by the end of June, says Costas Azariadis, PhD, the Edward Mallinckrodt Distinguished Professor in Arts & Sciences.

Women don’t advocate for other women in high-status work groups

Women serve as CEOs of just 17 of the Fortune 500 top companies in the United States. PepsiCo CEO Indra Nooyi has been quoted as saying, “The glass ceiling will go away when women help other women break through that ceiling.” However, that may not necessarily be happening. Research from Washington University in St. Louis finds that women often do not support qualified female candidates as potential high-prestige work group peers.

Poster perfect

Sophomore Marnie Abeshouse (left), an anthropology major in Arts & Sciences, explains her research project on the Israeli pharmaceutical industry during a poster presentation April 24 for the Olin Business School course “Business, Innovation and Entrepreneurship in Israel.”
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