I am often asked why ONE magazine gives “ink” to other business schools and universities— why guest writers include faculty and leadership from “competitors”; why we interview and profile professors from Harvard, MIT, and other top schools. The answer lies in ONE’s mission: to tackle big ideas and provocative subjects that frame the debate about business and business education at Johns Hopkins and beyond. ONE seeks to engage and challenge readers by looking at global issues from diverse perspectives. This means presenting ideas and voices from within Johns Hopkins University and without.
In this spirit, the pages ahead explore the interrelationship between science and industry by profiling MIT bioengineer Bob Langer (“The Bioconductor”), whose work highlights the roles of perseverance and business acumen in identifying the ideas that have potential business applications and understanding how to make those ideas successful. Evaluating the business potential in an entrepreneurial idea is also the core of the Carey Business School’s Discovery to Market program.
Our cover story, “Model Behavior,” spotlights one of our own: Carey Business School professor Federico Bandi, expert in financial econometrics, continuous-time asset pricing, and empirical market microstructure, whose innovative financial modeling may help sort out the chaos on Wall Street.
Like the other features in this issue, “The Disaster Tab” examines the intersection of economics, research, and business practice, as it considers the devastating costs of earthquakes, tsunamis, and other catastrophic events. “By the Numbers” probes the obvious to discover the unexpected: considering the bust that could be on the heels of China’s economic boom.
The issue’s contributing writers include the former general manager and legal counsel of the Philadelphia Eagles; the program director for the arts at the Doris Duke Charitable Foundation; and a Carey Business School lecturer in business and crisis communications who is also a national news media journalist. We also report on faculty member Tom Crain’s chairmanship of the Maryland Humanities Council. What do a football GM, a journalist, and the Humanities Council have to do with issues that shape and inform business education? Read the pages that follow to find out.
You’ll discover students, alumni, and faculty who embody our school’s mission of developing global business leaders and transforming society through discovery, education, entrepreneurship, and engagement. You will read about CareyServes, a student organization that supports community service locally, domestically, and internationally; meet eight new members of our full-time faculty; see the impact of a new scholarship fund on the life of a student; and learn how a graduate of our MBA in Medical Services Management program developed a cell phone–based medical network that gives economically disadvantaged Iraqis access to lifesaving information and care.
Be sure to check out two brand new items in this issue: “From the Web” and “ONE Final Look,” which show the surprising talents and achievements of alumni and students. Email me about something unusual you have done— we may feature it in the next issue.
Barbara Wallace, Executive Editor
