Timothy B. Folta is the Brock Family Chair of Strategic Management at Purdue University. His research and teaching examine both entrepreneurship and corporate strategy, analyzing how uncertainty constrains behavior, and how managers and entrepreneurs use organizational design and scope decisions to cope with uncertainty.
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, and Strategic Management Journal. He is Associate Editor of Strategic Entrepreneurship Journal, and on the editorial boards of Journal of Business Venturing and Strategic Management Journal.
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 undergraduate, masters, and Ph.D. students at the Krannert School in entrepreneurship and strategy.
He and his wife live in West Lafayette, Indiana.