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Farrell Center for Corporate Innovation and Entrepreneurship

The Farrell Center was formed in 1992 through an endowment from Michael J. Farrell. The center has three major roles within the Smeal College of Business: creation and management of educational programs in corporate innovation and entrepreneurship; research; and outreach. The center's mission is to contribute to and interpret the best in academic research in the fields of entrepreneurship including innovation and knowledge management, and to translate this into actionable best practices in the commercial and government sectors. Entrepreneurship is treated as a fundamental management discipline that can be applied at any enterprise scale, from start-ups to global corporations. Of particular interest is the role of entrepreneurism in networks of corporations as well as in so-called virtual corporations where the interfaces between existing enterprises become blurred.

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