Timothy B. Folta is an Associate Professor of
Management at Purdue's Krannert
Graduate School of Management, and a Visiting Professor
at LUISS
Guido Carli in Rome. He is the 2009 recipient of the Fulbright Special Award for
the 60th Anniversary of the Fulbright Program in Italy. He
will spend 4 months in Calabria and Rome as a Senior
Research Scholar lecturing and conducting research on High
Technology Entrepreneurship. Host institutions are Libera
Università Internazionale degli Studi Sociali "G. Carli" (LUISS)
in Rome and at the Università della Calabria (UNICAL) in Arcavacata.
He
teaches courses in entrepreneurship and strategic
management to undergraduate, MBA, Executive MBA, and
Ph.D. students, and is Director of BIOMEDSHIP, a
program designed to study and provide leadership in
biomedical entrepreneurship and innovation.
His research focuses on firm entry and exit, with a
particular emphasis on entrepreneurial ventures. One recent
paper, forthcoming in Management Science, explores the implications of entrepreneurial entry
that is incremental, where the individual retains their wage
position. A related stream of work is around the
management of uncertainty.
The medical device and
biotechnology industries have been the focus of much of this
research.
His
work has also been published in Administrative Science
Quarterly, Industrial and Corporate Change, Journal of Economic Behavior and
Organization, Journal of Business Venturing,
Managerial and Decision Economics, Strategic Management
Journal, and in a number of books. Folta has
received the 2006 U.S. Small Business Administration
Best Paper Exploring the Importance of Small
Businesses to the U.S. Economy or a Public Policy Issue of
Importance to the Entrepreneurial Community,
and
two "Best Paper" Awards in the Academy of
Management: Business Policy and Strategy Division
(1994), and Entrepreneurship Division (1992). He is on
the Editorial Boards for the Strategic Management
Journal, the Strategic Entrepreneurship Journal,
and the Journal of Business Venturing.
When not teaching or doing
research, Folta has served
the broader academic community in several capacities,
including as a member of the the Executive Committee for the
BPS Division, the Chair for the BPS Doctoral
Consortium, and past member of the Research
Committee for the BPS Division. He is a board member
of the West Lafayette School Board Foundation. He
enjoys long walks with his wife and also
keeps physically active by running, playing basketball,
lifting weights, skiing, biking, hiking, or playing with his
four children.
