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research RESEARCH RECOGNITIONS n Steven Klepper, profes- sor of economics and social sciences at Carnegie Mellon University's Tepper School of Business in Pittsburgh, Pennsylvania, has received the 2011 Global Award for Entrepreneurship Research for his contributions to understanding the birth and growth of new indus- tries. Klepper will receive the honor, which carries a prize of 100,000 euros (US$136,531), this June in Stockholm, Sweden. The award is bestowed jointly by the Swedish Entrepreneur- ship Forum, the Research Institute of Industrial Eco- nomics, and the Swedish Agency for Economic and Regional Growth. n Richard C. Green, also a professor of financial econom- ics at the Tepper School of Business, and former doctoral students Dan Li and Norman Schürhoff have been honored with the Journal of Finance's Smith Breeden 2010 Distin- guished Paper Award. They received the recognition for their paper "Price Discovery in Illiquid Markets: Do Financial Asset Prices Rise Faster Than They Fall?" n Andy Hoffman, professor of sustainable enterprise at the University of Michigan's Ross School of Business and School of Natural Resources and Environment in Ann Arbor, is among 20 environmental researchers 64 May/June 2011 BizEd in North America selected to be a 2011 Leopold Lead- ership Fellow. Based at Stanford University's Woods Institute for the Environment, the Leopold Leadership Program helps environmental scientists make their knowl- edge accessible to decision makers and the public. n The h-Index for Manage- ment Information Systems has identified Andrew B. Whinston, a professor at the McCombs School of Busi- ness at The University of Texas at Austin, as the most influential researcher in the field of management informa- tion systems. The h-Index is a ranking developed by Hsinchun Chen of the Uni- versity of Arizona and Paul J. Hu of the University of Utah. It measures the impact of scholars in the field by the number of papers they have published in academic jour- nals and the number of times those papers are cited by other scholarly works. n Four researchers have received the S. Tamer Cavus- gil Award from the Journal of International Marketing for their paper, "Exploring Cross- National Differences in Orga- nizational Buyers' Normative Expectations and Supplier Performance." The honored professors include Michelle Steward, assistant professor at Wake Forest University in Winston-Salem, North Caro- lina; Felicia Morgan, assistant professor at the University of West Florida in Pensacola; Lawrence Crosby, chief loyalty architect of the firm Synovate Customer Experi- ence, based in 62 countries; and Ajith Kumar, professor at Arizona State University in Tempe. Their paper was pub- lished in the journal's March 1, 2010, issue. n Xavier Gabaix and Alex- ander Ljungqvist, both professors at New York University's Stern School of Business in New York City, have been honored for their work. Gabaix, the Martin J. Gruber Chair in Asset Man- agement, has received the 2011 Fischer Black Prize, awarded to a scholar under 40 for a body of original work relevant to financial practice. Ljungqvist, the Ira Rennert Chair in Finance and Entrepreneurship, has received the 2011 Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship, which rec- ognizes a scholar under 40 years old for contributions to the entrepreneurship field. n Nicholas Epley, a social psychologist at the Universi- ty of Chicago Booth School of Business in Illinois, will receive the 2011 American Psychological Association Distinguished Scientific Award for Early Career Con- tribution to Psychology. Epley was recognized for his research on the experimental study of social cognition, perspective taking, and intui- tive human judgment. Debunking The High IQ Myth WESTERN EUROPE and North America have long placed a great deal of importance on high IQ, say authors Eliza Byington, a doctoral candidate, and Will Felps, a professor of organization and personnel management, at the Rot- terdam School of Manage- ment at Erasmus University in the Netherlands. In the U.S., for example, scores on tests such as the SAT, ACT, GRE, and GMAT are used to determine which candidates are more likely to perform well in college. Byington and Felps find that new studies in the Middle East and China make a substantially weaker correlation—and in some cases, a negative correlation—between high IQs and performance. They find that these regions may place higher priority on factors such as a job candidate's teach- ers, mentors, and peers, as well as the time they spent pursuing education opportunities. "Why do IQ scores pre- dict job performance? An alternative, sociological explanation" was pub- lished in the December 2010 Research and Orga- nizational Behavior.