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university's history, will establish the Peter F. Drucker Transdisciplinary Chair in Management and the Liberal Arts. Drucker has been a member of the faculty at the school since 1971. The money also will be used to fund the Doris Drucker Chair in Global Management. Doris Drucker, a mar- ket researcher, author, editor and en- trepreneur, has been married to Peter Drucker for 66 years. A third portion of the gift will establish the John W. Bachmann Scholars Program and will provide a fund from which AIG SunAmerica Fellowships, The Starr Foundation Fellowships, and fellow- ships from future donors will be awarded. The first of these new donors are the Capital Research Management Company and four Capital executives who have con- tributed an additional $200,000. Part of the gift, the largest in the Bringing an Idea to Market A new graduate program at the Georgia Institute of Technology and Emory University, both in Atlanta, Georgia, has been designed to unite cross- disciplinary teams of students to research ways of bringing new tech- nological advances to market. Ph.D. students in science and engineering are joining with Georgia Tech MBA students and Emory law students in classes that focus on the technical, legal, and business issues involved with moving fundamental research to the marketplace. The program, "Technological Innovation: Generat- ing Economic Results (TI:GER)," encourages students to consider real- world applications for the research conducted by Ph.D. students. "One unique feature of the pro- gram is that economic, regulatory, and legal mechanisms are considered Smith School Launches TV Show The Robert H. Smith School of Business at the University of Maryland in College Park has teamed up with Maryland Pub- lic Television to produce a regular television segment on today's best business practices and other business manage- ment issues. The segment, called "Smith Business Close-Up," will air as part of the weekly Business Connection program. The segment will feature interviews with Smith School faculty members and other business management experts and will originate from the business school. The first "Smith Business Close-Up" segment, aired in June, featured an interview with Larry Gordon, Ernst & Young Alumni Professor of Managerial Accounting at the Smith School. The interview centered on information security and provided insight into how firms should prioritize and best al- locate spending on information security. before the research is conducted, so that students are able to take the po- tential impact on society into account in determining the direction of their research," says Marie Thursby, pro- fessor of strategic management and Hal and John Smith Chair in Entre- preneurship in the DuPree College of Management at Georgia Tech. Currently, 24 graduate students the fifth year of the program, awards are being made to 21 institutions for programs that collectively span the areas of science and engineering. Six Schools Receive FIPSE Grants working in four teams are enrolled in TI:GER. All the students take a series of core courses together, including in- novation fundamentals, and also com- plete other complementary courses depending on their degree program. TI:GER is funded by a $2.9 mil- lion grant from the National Science Foundation's Integrative Graduate Education in Research Training, a program designed to bring about cul- tural change in graduate education by establishing new models for education in a cross-disciplinary environment. In Six national and international universities were recently awarded grants through the U.S. Department of Education's Fund for the Improve- ment of Postsecondary Education (FIPSE). The project calls for greater cooperation between lan- guage departments and business schools to better prepare business students to participate in the North American Free Trade Agreement (NAFTA). Participating schools will work to reinforce foreign language competency, enhance cross-cultural awareness, and adapt to represented cultures. BizEd SEPTEMBER/OCTOBER 2003 11