Timothy Bernarr Folta


Faculty Director, CCEI

Thomas John and Bette Wolff Family Chair in Strategic Entrepreneurship


See Professor Folta’s personal page and CV

Education/Professional Certification

  • Ph.D. in Management, Purdue University (1994)

Areas of Expertise

  • Entrepreneurship
  • Corporate Diversification
  • Market Entry and Exit
  • Managing Uncertainty


Timothy B. Folta is Professor and Thomas John and Bette Wolff Family Chair of Strategic Entrepreneurship at University of Connecticut. Prior to this appointment he held the Brock Family Chair of Strategic Management at Purdue University. Folta is also Director of the Connecticut Center for Entrepreneurship and Innovation, Co-Director of the UConn Innovation and Entrepreneurship Consortium, and Fellow of the University of Strasbourg Institute for Advanced Study. He received a Ph.D. and M.S. from Purdue University.

His research and teaching examine both entrepreneurship and corporate strategy, analyzing decisions around entry, exit, and diversification. His research has garnered a number of awards, including the 2012 IDEA Foundational Paper Award by the Entrepreneurship Division at the Academy of Management honoring a paper that has powerfully and positively changed the conversation in the field of entrepreneurship for at least a decade; the 2009 Fulbright Special Senior Scholar Award for the 60th anniversary of the Fulbright program in Italy; the 2006 Office of Advocacy, U.S. Small Business Administration Award for the best conference paper exploring the importance of small business to the U.S. economy or a public policy issue of importance to the entrepreneurial community; and appeared in journals such as Administrative Science Quarterly, Industrial and Corporate Change, Journal of Business Venturing, Journal of Economic Behavior & Organization, Management Science, Organization Science, Strategic Entrepreneurship Journal and Strategic Management Journal. He is Associate Editor of Strategic Entrepreneurship Journal, and on the editorial boards of Journal of Business Venturing, Strategic Management Journal, and Strategy Science.

Professor Folta is Founding Director of BIOMEDSHIP, a partnership with Purdue’s Weldon School of Biomedical Engineering and Indiana University’s School of Medicine to train graduate students around “BIOMEDical entrepreneurSHIP”. He regularly teaches executives, masters, undergraduates, and Ph.D. students.

Select Book Chapters, Monographs, or Videos

  • See TEDx Purdue talk on ‘Myths of Entrepreneurship
  • Hedging strategies,’ (with A. Sakhartov) In M. Augier and D. Teece (Eds.) Palgrave Encyclopedia of Strategic Management. Palgrave MacMillan: London. 2013.
  • Entrepreneurial risk,’ In D. Kuratko and M. Morris (Eds.) Encyclopedia of Entrepreneurial Research. Blackwell Publishing: Malden, MA. 2012.
  • Information asymmetry in entrepreneurship,’ (with S. Dutta) In D. Kuratko and M. Morris (Eds.) Encyclopedia of Entrepreneurial Research. Blackwell Publishing: Malden, MA.

Select Publications

Contact Information
Phone+1 (860) 486-3734
Mailing AddressUnit 1041
Office LocationBUSN 344