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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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Entrepreneurial Events

Supply Chain Entrepreneurship Pitch Contest
The Center for Supply Chain Research and the Farrell Center for Corporate Innovation and Entrepreneurship are excited to announce the inaugural 2016 Supply Chain Entrepreneurship ‘Pitch’ Contest. Here are a few details:

  • Open to all full-time Penn State undergraduate students at University Park and all commonwealth campuses
  • The pitch idea should focus on supply chain management, aimed at solving an industry problem or improving a product/process (suggestions submitted by industry leaders are listed on contest website, but these are just suggestions)
  • Contest consists of two rounds: a virtual elimination round and a final, live presentation
  • Prizes include $2,500 for the first place team and $1,000 for the runner-up
  • Winning team will be provided guidance by the Farrell Center for Corporate Innovation and Entrepreneurship to move their idea forward
  • Presentation by one of the industry’s most recognized entrepreneurs, Art Mesher of Clean SI8 DNA
  • Review all contest details, important deadline dates, rules, and submit your application by March 1, 2016, by accessing www.smeal.psu.edu/cscr/pitch/