Conceived by two University of Texas at Austin MBAs in 1983 as a business school institution equal in challenge and prestige to the law school's venerable moot court, the MOOT CORP Competition has grown from a UT-only business plan competition to the planet's most famous new venture competition. Elite teams of MBAs from every inhabited continent compete each spring for an invitation to the Global MOOT CORP Competition and a chance to win the $100,000 grand prize.
In No Longer Moot: The Premier New Venture Competition From Idea to Global Impact, Dr. Gary Cadenhead, the Program's Director, chronicles the exciting history of the MOOT CORP Competition from fledgling startup to global powerhouse. Through interviews with past directors, alumni, sponsors, judges and UT administrators and faculty, Dr. Cadenhead shows how the Program survived its infancy, became a pioneer of entrepreneurship education and built upon success to launch continental MOOT CORP Competitions around the world.
The success of the Program is rooted in its realism. It provides MBAs with a risk-free, hands-on environment in which they learn to create and present high quality business plans to prospective investors. Not simply classroom exercises, the ventures are diverse, dynamic and often viable new companies. And the MBAs who create them are some of the brightest young entrepreneurial minds in the world.
Dr. Cadenhead is a Senior Lecturer in Entrepreneurship in the McCombs School of Business at the University of Texas at Austin. He graduated Phi Beta Kappa from Southern Methodist University, earned an M.B.A. from Harvard University, and received his Ph.D. from Stanford University. Dr. Cadenhead teaches MBA courses in entrepreneurship and the courses that prepare UT MBAs for the MOOT CORP Competition. His articles have appeared in various professional journals, including Journal of Accounting Research, Accounting Review, Abacus, Design Management Journal, and The Journal of Private Equity.
Prior to joining The University of Texas, Dr. Cadenhead held faculty positions at Stanford University, UCLA, and the University of California at Santa Barbara. He also served as Chief Financial Officer of the Center for the Study of Democratic Institutions. He is an experienced consultant and expert witness. During 1988, he served as research director for the Texas Strategic Economic Policy Commission, which developed a strategic plan for the State of Texas. He has been selected twice by MBA students to receive the Outstanding Graduate Business Professor Award. In 1995, the Kauffman Foundation and the Entrepreneur of the Year Institute recognized him as one of the Top Ten Entrepreneurship Educators of the Year. In 1998, Dr. Cadenhead and the MOOT CORPÒ Program were featured in Inc. Magazine. In 1999, he received the Entrepreneurship Education Pedagogy Innovation of the Year Award from USASBE.
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