CoE & RSB Students Working Together: Developing a Joint Entrepreneurial Education Program Between CoE and RSB

Timothy L. Faley, PhD, M.B.A.,
Managing Director,
Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies,
University of Michigan Business School
ABSTRACT:
Have you been hit by that lightening bolt that gives you instant insight into how to commercialize your technology? No? That’s OK, you don’t have to wait for the lightening. The Zell Lurie Institute for Entrepreneurial Studies is putting together a series of courses and programs that teach the elements of an innovative commercialization process—and you’re invited to participate!

The Warren P. Williamson III Collaborative Entrepreneurial Education Initiative, a gift from a UM alum of both CoE and RSB, is a pioneering project that focuses on the development and continued operation of programs and courses designed to bridge the business and engineering dimensions of technology-driven entrepreneurship. There are courses and programs that CoE graduate students can participate in NOW. This presentation will review these new and emerging program elements and discuss how they fit into an innovative commercialization process.

BIO:
Dr. Timothy L. (“Tim”) Faley is currently the managing director of the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies, the managing director of the Institute’s venture capital fund, and adjunct professor of corporate strategy in the Ross School of Business at the University of Michigan. He was the founding director of the University of Michigan’s College of Engineering Office of Technology Transfer and Commercialization. He came to the University from The Dow Chemical Company where he worked in research, new business development, corporate venturing, and technology licensing. Dr. Faley had also previously been a chemical engineering faculty member at North Carolina A&T State University. He has been associated with seventeen new ventures throughout his career. Dr. Faley has earned BS, MS, and PhD degrees in Chemical Engineering (University of Illinois and University of Notre Dame, respectively) in addition to his MBA (Northwood University).