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Jay Walker Defines Entrepreneurship As Taking Initiative

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Total Case Duration :

  • Date Added : 4/16/09
  • Clip Duration : 0 min. 49 sec.

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Jay Walker

  • President, Walker Digital
  • male
  • Caucasian
  • 1955 (Age: 65 years old)
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • Video 1 of 10 in this Case
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Biography

Jay Walker is one of America's best-known inventors and entrepreneurs and is one of a dozen or so living inventors worldwide to hold 200 patents in multiple fields. Walker, and a team at Walker Digital, LLC, his invention laboratory, created the central ideas behind priceline.com, the groundbreaking "name-your-own-price" company for airline tickets and hotel rooms. Walker has also created a number of other successful businesses, including New Sub Services (now named Synapse) a company he co-founded and that revolutionized the magazine subscription industry and was recently sold to AOL Time Warner for $600 million. Walker also co-founded Target Communications, a conference and publishing company which was sold to Primedia in 2000. Mr. Walker is currently chairman of Walker Digital, LLC, a Stamford, Conn.-based laboratory that invents entirely new ways for businesses to operate and serve consumers. Walker Digital is not a consultancy, but a privately funded active research laboratory that use long-term interdisciplinary invention teams to create solutions in the same manner and style as the original Edison laboratory. Successful inventions are licensed to industry or used as the core intellectual property of innovative startups for which the laboratory provides both personnel and funding. To date, Walker Digital has invented over 600 proprietary business methods addressing dozens of significant business problems in a wide range of industries such as travel, data security, retail, automotive, restaurants, groceries, financial services, gaming and entertainment. Walker's inventions and innovations have been widely recognized. He has twice been recognized by the editors of TIME magazine as one of the 50 most influential business leaders in the digital age. Business Week selected Jay as one of its 25 Internet pioneers most responsible for "changing the competitive landscape of almost every industry in the world." Newsweek named him as one of three executives at the forefront of the Internet commerce revolution. Walker and his wife have two children and live in Connecticut. He holds a B.S. degree in Industrial Relations from Cornell University.

Let?s start with the basic question. What is an entrepreneur? Since this word is badly misunderstood we really can?t talk about what we can learn from a group, or what one group can learn from another, if we don?t start by defining what the group is. Entrepreneur has taken on a very broad set of m...(Full transcript available to logged in subscribers.).

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Jay Walker videos

Video 1 of 10 Jay Walker States Entrepreneurs Organize Resources
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 2 min. 27 sec.
Video 2 of 10 Jay Walker States Importance of Entrepreneurs Learning To Understand the Problem Before the Solution
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 2 min. 56 sec.
Video 3 of 10 Jay Walker Defines Entrepreneurship As Taking Initiative
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 0 min. 49 sec.
Video 4 of 10 Jay Walker Discusses Capital Challenges At The University Setting
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 3 min. 56 sec.
Video 5 of 10 Jay Walker Discusses University Safety Net For Entrepreneurs
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 4 min. 17 sec.
Video 6 of 10 Jay Walker States Entrepreneurs Are Used To Execution And Should Spend More Time Thinking
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 2 min. 22 sec.
Video 7 of 10 Jay Walker Discusses Power Of Diversity In Academics
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 1 min. 22 sec.
Video 8 of 10 Jay Walker States Universities Must Being To Shift Focus And Start Working On Priorities
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 4 min. 17 sec.
Video 9 of 10 Jay Walker Explains Resistance To Change At The University Level
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 1 min. 47 sec.
Video 10 of 10 Jay Walker Discusses Treating Customers As Lifelong Relationships Instead of One-Off Transactions
  • Jay Walker - Lecture - What Entrepreneurs and Universities Can Learn From One Another
  • 4/16/09
  • Jay Walker
  • 2 min. 33 sec.