North Texas Daily

Doctoral student wins prestigious business award

Doctoral student wins prestigious business award

November 26
23:41 2012

Julie Bird / Staff Writer

The Texas Business Hall of Fame Foundation awarded UNT doctoral student Phillip Davis a $10,000 scholarship for his research and other achievements last month.

Davis, whose concentration is in strategy and entrepreneurship, had 14 years of experience in supply chain management, marketing and transportation before coming to UNT.

Davis’ research has focused on small business, which he said can be more successful at meeting customers’ needs than large companies.

“Small businesses are very vital because of their ability to meet needs that many large corporations are not interested in meeting,” Davis said.

The Texas Business Hall of Fame Foundation selects one candidate from 19 universities in Texas to receive the scholarship, which is available to both undergraduate and graduate students.

Davis’ recent research paper explored personality traits and skills that make people more interested or successful in starting a small business, such as the abilities to network and influence others.

Davis surveyed undergraduate students in several UNT business classes to collect information. He found that these personality traits were linked to an interest in entrepreneurship.

“Students who influence others and are capable of networking are more likely to start businesses,” Davis said.

After earning his doctoral degree, Davis plans to start a consulting practice to help other entrepreneurs start small businesses and manage resources. He said that the number of small businesses in the United States is likely to increase in the future.

“The spirit of America is built on entrepreneurship,” Davis said. “The ingenuity and drive of business owners will continue.”

The application process for the award involves a nomination from the candidate’s university and an interview with the Hall of Fame’s Board of Directors, Texas Business Hall of Fame senior coordinator Catie Duhon said.

The scholarship is funded by a yearly gala organized by the foundation, as well as by donations to the foundation, Duhon said.

“There are no restrictions on how the money is used,” she said. “It’s usually used for paying tuition or to start up new projects.”

Davis said he plans to use the money to pay for travel expenses, allowing him to give presentations at conferences around the country.

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