GeoVerse Lab
← Economics, Policy & Strategy Division

Business Development & Ventures Center

Facilitates commercialization of research outputs through industry partnerships, licensing, and venture creation, bridging research innovation with market applications via IP/patent strategy, spin-off formation, and public-private partnerships.

⚙️ GeoVerse System Administration Division🖥️ AI & Computing Sciences Division🔬 Basic Sciences Division⚡ Intelligent Geophysical Exploration Division🛢️ Resource & Energy Engineering Division🌍 Applied Geoscience Solutions Division💼 Economics, Policy & Strategy Division🎓 Education & Training Development Division🚀 Innovation & International Collaboration Division
Energy Economics & Market Analysis CenterPolicy Analysis & Regulation CenterStrategic Planning & Foresight CenterFuture Studies & Technology Foresight CenterBusiness Development & Ventures Center
Joseph Schumpeter🔑
⭐ Center Chief
Joseph Schumpeter
Center Head
💡 Creative destruction, entrepreneurship
Alfred Marshall🔑
1842–1924
Alfred Marshall
Researcher
💡 Founded neoclassical microeconomics and identified external economies of industrial districts, the theoretical root of modern innovation clusters
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Michael Jensen🔑
1939–2024
Michael Jensen
Researcher
💡 Co-founded modern agency theory of the firm, formalizing agency costs between owners and managers
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Igor Ansoff🔑
1918–2002
Igor Ansoff
Researcher
💡 Founded strategic management as a discipline and created the product-market growth matrix for evaluating diversification strategy
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Arthur Dehon Little🔑
1863–1935
Arthur Dehon Little
Researcher
💡 Founded Arthur D. Little, the world's first management consulting firm, and coined 'unit operations' in chemical engineering
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Clayton Christensen🔑
1952–2020
Clayton Christensen
Researcher
💡 Developed the theory of disruptive innovation explaining how simpler, cheaper entrant offerings displace established incumbents
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Everett Rogers🔑
1931–2004
Everett Rogers
Researcher
💡 Originated diffusion of innovations theory, the adopter-category model, and the concept of the early adopter
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Richard Cantillon🔑
1675–1734
Richard Cantillon
Researcher
💡 Formulated the earliest systematic theory of the entrepreneur as the economic agent who bears uncertainty by buying at known prices and selling at uncertain ones
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Reinhard Selten🔑
1930–2016
Reinhard Selten
Researcher
💡 Refined non-cooperative game theory with subgame perfection and founded experimental economics, applying bounded rationality to strategic business interaction
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Joe S. Bain🔑
1912–1991
Joe S. Bain
Researcher
💡 Founded the structure-conduct-performance paradigm of industrial organization and the theory of entry barriers
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Fritz Machlup🔑
1902–1983
Fritz Machlup
Researcher
💡 Pioneered the economics of information and knowledge, and produced the classic economic evaluation of the patent system
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Theodore Levitt🔑
1925–2006
Theodore Levitt
Researcher
💡 Argued in 'Marketing Myopia' that firms must define their business by customer needs rather than the product they happen to sell
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Christopher Freeman🔑
1921–2010
Christopher Freeman
Researcher
💡 Founded the national innovation systems framework and led the neo-Schumpeterian school of innovation studies
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Edith Penrose🔑
1914–1996
Edith Penrose
Researcher
💡 Founded the resource-based theory of firm growth, explaining growth as bounded by managerial resources
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Fischer Black🔑
1938–1995
Fischer Black
Researcher
💡 Co-developed the Black-Scholes option pricing model, the mathematical foundation later extended to real options valuation
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Ronald Coase🔑
1910–2013
Ronald Coase
Researcher
💡 Founded transaction cost economics and the theory of the firm, explaining why firms exist as alternatives to market contracting
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Zvi Griliches🔑
1930–1999
Zvi Griliches
Researcher
💡 Pioneered econometric measurement of R&D's contribution to productivity growth and the use of patent statistics as innovation indicators
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Benjamin Graham🔑
1894–1976
Benjamin Graham
Researcher
💡 Founded security analysis and value investing, establishing margin-of-safety valuation methods central to investment due diligence
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center
Georges Doriot🔑
1899–1987
Georges Doriot
Researcher
💡 Founded American Research and Development Corporation, the first institutional venture capital firm, earning the title 'father of venture capital'
💼 Economics, Policy & Strategy DivisionBusiness Development & Ventures Center