Former bank examiner for the Federal Deposit Insurance Corporation. Widely published in empirical corporate finance areas and member of American Finance Association. Recipient of numerous Katz teaching and research awards.
Breakthrough innovation is both transformative and disruptive. It's fast - crossing organizational lines and upending convention. It's murky - loaded with uncertainty and complexity. It's powerful - rocketing growth and market share. But it's reality. Companies must be prepared to deal with it and turn it to their advantage.
The Technology, Innovation, and Entrepreneurship Certificate (TIE) prepares you to navigate the fast evolving field of technology-led business creation. This is not a path for those who prefer to sit behind a desk. It is for those of you who thrive by creating order out of seeming chaos, who strive to build the technological, relational, and organizational foundations necessary for robust economic growth and societal vitality. The certificate is open to all students - you don't need a background in engineering or science. Nor do you need to aspire to start a company.
The skill set this certificate develops carries tremendous value for a wide range of businesses and business functions, and is a valuable complement to marketing, finance, IT, and supply chain expertise. These skills are essential to cross-functional positions such as new business development, market analysis, product development, and open innovation/technology scouting/acquisition. Consulting organizations focused on organizational change, strategic and market analysis, growth strategies, technological and business model innovation, and organizational renewal, require employees with these skills, as do start-ups, incubators, venture capitalists, and nonprofits that support new business ventures.
Each of the courses offered in the TIE certificate engages students in experience-based learning. TIE will immerse you in live projects and embed you in Pittsburgh's vibrant innovation ecosystems, where you will learn firsthand how to create new businesses – within established companies or as new ventures. You will gain the confidence to lead your organization into unknown terrain, competence in analyzing complex market and non-market forces, conversance in the language of value creation, and the capacity to synthesize creative insights from diverse disciplinary tools.
Topics covered include organizational frameworks to foster and focus invention on strategically relevant projects, and to manage the process of converting high potential ideas into new products or services, and businesses; valuation of and financing strategies for new ventures; market sizing, selection, and development; business model ideation and creation; and partnership strategies. Other major topics to be addressed include the product development process, business plan creation and implementation, competitive intelligence programs, and managerial approaches to the adoption and diffusion of new technologies.
10.5 credits from the following:
Full-time and part-time students will be eligible to receive a Technology, Innovation, and Entrepreneurship (TIE) Certificate when all of the following criteria are satisfied: