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Contact Information: Tanya Klein Public Relations 973-596-3433

Rise of Academic Entrepreneurship To Be Topic of Free NJIT Talk

Donald Siegel

Universities are going into business — in a big way, according to Donald Siegel, dean of the School of Business and professor of management at the University at Albany, State University of New York (SUNY).

Siegel will discuss the rapid rise of what he calls “academic entrepreneurship” on April 20, 2011, from 3-4:30 p.m. in the second floor NJIT Campus Center Ballroom. The free lecture, which is open to the public, is a presentation of the NJIT Technology and Society Forum.

Universities are engaging in the commercialization of technology through mechanisms such patenting, licensing agreements with private firms, and university-based business incubators and science parks. Schools now have to manage extensive intellectual-property portfolios generated by the aggressive commercialization of discoveries from their laboratories. Siegel will explore the complexities and opportunities presented by this transformation, and recommend strategies that can help universities to sharpen their entrepreneurial effectiveness.

Siegel has also taught at SUNY-Stony Brook, Arizona State University, Rensselaer Polytechnic Institute, where he chaired the economics department, and the University of California-Riverside, where he served as associate dean for graduate studies. A prolific author of articles and books in his fields of expertise, he serves as an editor or on the editorial boards of leading academic journals.

The significance of Siegel’s research has been recognized with numerous major grants and fellowships from organizations that include the Alfred P. Sloan Foundation, National Science Foundation, National Bureau of Economic Research, and the U.S. Department of Labor. He has advised the United Nations, the National Research Council, the Council on Competitiveness, the U.K., Italian, and Swedish governments, the U.S. Department of Justice, the U.S. Environmental Protection Agency, Chase Manhattan, the Securities Industry Association, Morgan Stanley, and the National Association of Manufacturers. 

Siegel is currently co-chair of the National Research Council Committee on “Best Practice in National Innovation Programs for Flexible Electronics,” and an advisor to the National Research Council on the Small Business Innovation Research Program. 

For more information about the event, contact Jay Kappraff, kappraff@adm.njit.edu or 973-596-3490 or visit the NJIT Technology and Society Forum on the Web at http://tsf.njit.edu.  Previous Forum presentations are available at http://itunes.njit.edu; search for “Technology and Society Forum.”

One of the nation’s leading public technological universities, New Jersey Institute of Technology (NJIT) is a top-tier research university that prepares students to become leaders in the technology-dependent economy of the 21st century. NJIT’s multidisciplinary curriculum and computing-intensive approach to education provide technological proficiency, business acumen and leadership skills. With an enrollment of 11,400 graduate and undergraduate students, NJIT offers small-campus intimacy with the resources of a major public research university. NJIT is a global leader in such fields as solar research, nanotechnology, resilient design, tissue engineering and cybersecurity, in addition to others. NJIT ranks 5th among U.S. polytechnic universities in research expenditures, topping $121 million, and is among the top 1 percent of public colleges and universities in return on educational investment, according to PayScale.com. NJIT has a $1.74 billion annual economic impact on the State of New Jersey.