Facebook Group Urges Preservation of Old Stanley Buildings

August 2, 2017

New Britain Herald – When it was announced that Stanley Black & Decker was planning to demolish all nine buildings it owns east of Curtis Street and south of Myrtle Street, some residents celebrated an opportunity revitalize the corner, while others were upset that their beloved city would be losing a bit of its history.

Turning Corporate Compliance into Competitive Advantage

July 31, 2017

University of Pennsylvania Journal of Business Law, Vol. 19, No.2 (2017)

Robert Bird, Stephen Park

Compliance is a core concern for corporate governance. Firms devote tremendous amounts of money, personnel, and attention to ensure compliance with regulatory mandates — and yet compliance failures proliferate. This is because the current static and binary view of compliance hinders both efficient compliance by firms and effective regulation by government. Understanding the reality that compliance is both dynamic and driven by efficiency empowers firms to evolve past mere conformance and into wealth maximizing innovation. This Article develops an efficient investment-risk (EIR) model of compliance that captures the tradeoffs between cost and risk, parses the oft-commingled concepts of technical efficiency and allocative efficiency, and enables firms to obtain a competitive advantage through compliance. We also turn our attention to regulators, and highlight how the EIR model can enhance regulatory design, foster regulator-firm cooperation, and advance the mutual goals of business and society. Full article.

What’s On the Horizon for HIT?

July 27, 2017

The four things I see coming down the road for healthcare information technology:

First, the cost of technology is going down. With the cost going down, it enables the second aspect – pervasiveness of medical devices and technology. We’re going to see HIT more and more in different places at different times. The third major aspect is in the tools and methods from other industries. We’re going to see the kinds of innovations that exist in banking, or travel, or manufacturing being used in healthcare. And finally, there’s an issue that we need to address as a society. That’s the idea of data ethics: “Who gets my information, how do they get to use it, and what do I reserve that only I can access?” Continue Reading

UConn Innovation Quest: EpiGo

July 25, 2017

CTStartup Podcast– The plight of EpiPen users has been brought into the public consciousness this past year, inspiring two young entrepreneurs to conceive of a smaller, better way to deliver life-saving epinephrine.

Join Chris and Eric as they talk about the inspiration and potential with two members of the four-person team behind this mobile and cost-effective EpiPen replacement.

Gender Equality: Are We Making Progress?

Management professor Gary Powell has spent most of his 41-year UConn career as an expert on gender differences in the workplace. (Nathan Oldham/UConn School of Business)
Management professor Gary Powell has spent most of his 41-year UConn career as an expert on gender differences in the workplace. (Nathan Oldham/UConn School of Business)

Retiring Professor Gary Powell, Expert in Gender Equality in the Workplace, Recognizes Some Progress in 40+ Years, But Not Enough

Management professor Gary Powell has spent most of his 41-year UConn career as an expert on gender differences in the workplace, and is widely recognized as a pioneer in the field.

Powell announced his retirement on June 1, but will remain active at the University, teaching in the fall semesters and continuing to add to a lengthy list of research achievements. Continue Reading

Governments: The Largest Purchasers of Healthcare Services

July 20, 2017

How Governments Are Impacted by Healthcare Information Technology (HIT)

Governments are the largest purchasers of healthcare services in the United States and many parts of the world.

Nearly 50% of all healthcare in the U.S. has been bought by the government, either for their employees, or through public programs like Medicare and Medicaid. Because of that, governments are greatly interested in the costs of healthcare, in the quality of healthcare and in the access to healthcare. So we’re going to see more regulatory pressures on healthcare providers, insurers, and even patients, to lower the cost of care and improve its outcome. Technology will help to enable these organization to meet all of the goals. Continue Reading

UConn Innovation Quest: LOKI

CTStartup Podcast– In this entry of our UConn Innovation Quest series, we speak to Andrew Ginzberg of LOKI, a new app that aims to evolve the live streaming market, as well as revolutionize the news and media industry.

Through broadcasters, LOKI hopes to provide full coverage of events with 0 production costs, and also provide viewers individual and customizable ways to watch any live event.