Sunday Meeting - Entrepreneurship As a Tool for Economic Development

Sunday, February 4, 2018 - 11:00am
Ceremonial Hall - 4th floor

With Abhishek Panigrahi, Rachel Kowal, and Hans Taparia

Over the past fifty years, development institutions and nonprofits have been primarily focused on helping communities develop the necessary infrastructure for health care, education, sanitation, skills training and the like. However, very little attention has been given to another key component of a healthy society—the incubation and development of homegrown businesses.

Homegrown businesses create employment opportunities and ultimately create value for communities that help them prosper and sustain their own public services. Professor Kowal, Professor Taparia and their student Abhishek have been experimenting with this in communities both overseas and in the US. Please join them for what promises to be an illuminating presentation!

“At NYU’s Stern School of Business, we asked ourselves these questions - how do we design social impact courses that will sensitize and humble students, raise awareness of the complexities of the world’s social problems and apply business? Furthermore, could a course be designed to have a measurable social impact over a sustained period of time?” -Rachel Kowal

RACHEL KOWAL is a Clinical Professor of Business Law at NYU Stern School of Business. Since 1998, Rachel has taught courses in the undergraduate and graduate programs including Law, Business and Society; and Professional Responsibility and Leadership. Rachel is also Deputy Director of the Business and Society Program at Stern. Other positions held by Rachel include Associate Director of the Markets, Ethics and Law Program; Director of the Citi Program in Leadership and Ethics; and, Associate Director of the Daniel P. Paduano Faculty Research Symposium in Business Ethics. Rachel also served as Associate Dean for Academic Affairs at Stern’s undergraduate College. She is the recipient of the Ely Kushel Award for Excellence in Teaching and the Citibank Award for Excellence in Teaching and Service to the Stern School of Business. Rachel is an attorney who earned her J.D. from Benjamin N. Cardozo School of Law. As an attorney, she practiced tax and bankruptcy law with the Internal Revenue Service and the U.S. Attorney’s Office. She has a B.A. in history from Cornell University.

HANS TAPARIA is a Clinical Assistant Professor of Business and Society at NYU Stern School of Business. Hans joined Stern as an Adjunct Professor in 2011 and in his current position, teaches courses in social entrepreneurship, social impact, and professional responsibility and leadership. Hans has been an entrepreneur for most of his career. He is a co-founder of Preferred Brands International, one of America’s leading health food companies that manufactures a range of natural and organic Indian and Asian meals under the brand Tasty Bite. Tasty Bite is currently the largest and fastest growing brand in its category in North America. In 2015, Preferred Brands was sold to Kagome, one of Japan’s largest food companies. Hans is also a co-founder of ASG-Omni, a US and India based management consulting firm and incubator. ASG-Omni was a co-founder of Bangalore-based Tejas Networks, which has grown to become one of the leading optical networking companies in the world. Hans has a Bachelor of Science degree from the Massachusetts Institute of Technology.

ABHISHEK PANIGRAHI is an third year undergraduate student at the NYU Stern School of Business concentrating in finance with a minor in philosophy. His interests are primarily in the intersections of technology, philosophy, and economic development including posthuman technology, ethics of artificial general intelligence, and technology-driven postcapitalism models. He is President of the Secular Student Alliance at NYU, which aims to build a community for secular students on campus, to host rigorous discussions on ethical and moral issues, and encourage diversity and freedom of thought on campus. Abhishek is currently an intern at KPMG Innovation Lab, which helps clients understand complex movements of consumers and technologies and devise effective strategies to invest for growth and relevance. For the past year, he has also been the Executive Director of OSA Impact, an initiative of the Odia Society of America which looks to direct expertise and capital into Odisha, India to accelerate sustainable development.

Shared charity: Adanu

Presider: Anne Klaeysen