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Business Honors Program
Innovation and Entrepreneurship

Bob Robicheaux, chair of the Marketing, Industrial Distribution and Economics Department, appeared on FOX 6's Good Day Alabama to discuss the implications of the Marketplace Fairness Act on Alabama coffers (Dr. Robicheaux appears at 1:45 after a news report on the U.S. Senate vote). 

On May 6, the U.S. Senate passed the federal legislation, which would allow states that currently charge sales taxes (like Alabama) to require large online retailers to collect tax on purchases made by their residents. Currently, online retailers are not required to collect the sales tax that is owed. That responsibility is left to the buyer, who is required by state law to track the sales tax from online purchases themselves and remit them with their taxes each year.

The law would only apply to online sellers that have sales of at least $1 million outside of states where they have physical operations, like a store or a warehouse. 

Dr. Robicheaux conducted research in 2012 that calculated the costs to Alabama of not requiring large online retailers to collect tax on Alabama purchases. The research has been cited by Gov. Robert Bently as reason why the act is needed

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ProAssurance C-Suite Guest Explains the Power of a Simple Mission Statement to Strategy Students

Students of business strategy learn that a strategic plan must include a mission statement that clearly describes what the business does.

CEO Describes How He Created an Organization to Boost College Students’ Empathy

Stephen Black, founder, President and Chairman of the Board of Impact America, was the guest CEO at the combined undergraduate business capstone and MBA class, “Strategic Leadership Through the Eyes of the C-Suite,” on November 15, 2016.

Collat Student Entrepreneur: Jordan Ricks, Mixed Reality Football

Jordan Ricks has been playing football since he was 5. He suffered his first injury at 12 when he broke his left femur, the longest and strongest bone in the human body. Because the femur is so strong, it usually takes a lot of force to break it, and recovery is often difficult, lasting four to six months. Jordan’s right femur grew to compensate for his injury, causing a height imbalance. “I’m 6’2 on my right leg and 6’1 on my left,” he jokes.

Jordan used his childhood football experience as the catalyst for a business idea. He recently launched a business that analyzes movements of football players to yield biofeedback on how to train effectively and safely.

Blazer Innovation Challenge Student Winners Announced in “Shark Tank”-Style Competition

University of Alabama at Birmingham students with innovative business ideas won up to $5,000 to help get their concepts off the ground in a competition held at the Innovation Depot this week.

The UAB Innovation Lab (iLab) and Collat School of Business launched the Blazer Innovation Challenge, sponsored by IBERIABANK, earlier this fall to encourage UAB students to develop new solutions to product, service or process challenges.


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