Welcome!

News Feed Item

Rutgers Business School strengthens its focus on entrepreneurs with the creation of $3 million George F. Farris Chair in Entrepreneurship

NEWARK, N.J., Jan. 23, 2014 /PRNewswire-USNewswire/ -- Rutgers Business School Dean Glenn Shafer announced the creation of the $3 million George F. Farris Chair in Entrepreneurship, an endowed faculty position that will enhance the school's efforts to provide a premier program of study to new generations of entrepreneurs.           

(Photo: http://photos.prnewswire.com/prnh/20140123/DC51212)    

The chair in entrepreneurship was made possible by a $1.5 million endowment from the Celia Lipton Farris and Victor W. Farris Foundation and a matching gift from an anonymous donor. In 2011, the anonymous donor pledged a total of $27 million in an "18 Chair Challenge" during the "Our Rutgers, Our Future" campaign. The pledge – the largest from an individual in the university's history – offered a 1:1 match, enabling other donors to fund an endowed chair with a gift of $1.5 million. At Rutgers, an endowed chair typically requires a gift of $3 million.

"Taking advantage of this opportunity, Rutgers Business School aims to recruit an outstanding scholar who combines intellectual leadership in the study of entrepreneurship ecosystems with on-the-ground experience in leading high-tech startup communities," Shafer said.

"I can't think of a more fitting way to celebrate and perpetuate the legacy of George Farris," Rutgers UniversityNewark Chancellor Nancy Cantor said. "His own entrepreneurial approach to weaving together theory and practice, the technical and the social, scholarship and teaching, stretching across perceived boundaries, is precisely what we hope the Farris Chair will promulgate for generations to come in our students, our faculty, and those with whom they partner to find resilient solutions to business challenges."

George F. Farris retired from Rutgers Business School in 2011 where he spent 31 years on the faculty. He previously taught at MIT for nine years and in Europe and Canada. At Rutgers, he was the founding director of the Technology Management Research Center and acting dean of the Graduate School of Management, which later became Rutgers Business School.

Farris was recognized as an expert in the management of technological innovation. His research was prolific and he was invited around the world to lecture on cultivating innovation in the workplace. "Innovation leads to new products and services and creates jobs. It drives the economy in many ways," Farris said, explaining his passion for the subject. "You're dealing with smart, creative people. It was always fun to study."   

Professor Farris is a fellow of the American Association for the Advancement of Science, the world's largest general scientific society which has recognized him "for seminal contributions to the understanding of organizations and personnel practices in the furtherance of technological innovation and the management of technology."

In 2011, Professor Farris became president of the Celia Lipton Farris and Victor W. Farris Foundation, which makes grants in education and research, health and well-being and arts and culture. Victor Farris, the professor's uncle, was an inventor and entrepreneur in New Jersey, and Celia Farris had a successful music and stage career in England and America. Among Victor Farris's many inventions are Farris valves, rotary engines and the paper milk carton.

Before her death, Celia Lipton Farris expressed a wish to make a major gift to Rutgers to honor her nephew.

Shafer said the new faculty position will help to attract other talented professors, raise the profile of RBS and foster the type of collaborations that are vital for nurturing innovation.

"I am pleased that we are now very focused on expanding our scholarship and education efforts in entrepreneurship," Shafer said. "We are poised to take leadership in this area because we stand on the shoulders of George and other pioneers in the study of the management of science, technology and innovation."

Through The Center for Urban Entrepreneurship & Economic Development, Rutgers Business School has focused on developing a new brand of urban entrepreneur who seeks a socially conscious urban renaissance. It has also placed a growing emphasis on entrepreneurship education, including courses that offer graduate and undergraduates students an opportunity to work with area business owners.

Rutgers Business School administrators expect the professor who fills the George F. Farris Chair in Entrepreneurship will run a newly created Institute for the Study of Entrepreneurship Ecosystems, connect students with innovative business leaders, launch programs to help students take their ideas to market, publish research and attract grant money to Rutgers.

About Rutgers Business School
Rutgers Business School-Newark and New Brunswick is an essential part of one of the nation's oldest, largest and most distinguished institutions of higher learning: Rutgers, the State University of New Jersey. Rutgers Business School was founded in Newark in 1929.

SOURCE Rutgers Business School

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also co...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
As companies gain momentum, the need to maintain high quality products can outstrip their development team’s bandwidth for QA. Building out a large QA team (whether in-house or outsourced) can slow down development and significantly increases costs. This eBook takes QA profiles from 5 companies who successfully scaled up production without building a large QA team and includes: What to consider when choosing CI/CD tools How culture and communication can make or break implementation
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
The competitive landscape of the global cloud computing market in the healthcare industry is crowded due to the presence of a large number of players. The large number of participants has led to the fragmented nature of the market. Some of the major players operating in the global cloud computing market in the healthcare industry are Cisco Systems Inc., Carestream Health Inc., Carecloud Corp., AGFA Healthcare, IBM Corp., Cleardata Networks, Merge Healthcare Inc., Microsoft Corp., Intel Corp., an...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...