Entrepreneurship involves recognizing an opportunity and then organizing a response — often under highly uncertain conditions and with limited resources. Although the term entrepreneurship is usually associated with the creation of a new business venture, virtually all business leaders face its challenges. The Spiro Institute draws from the expertise within the College of Business and Behavioral Science to explore entrepreneurial leadership in its various forms. Spiro faculty researchers explore many topics, including the behavior and characteristics of entrepreneurs, the process of new venture creation, the economic and public policy implications of clusters of new ventures, and the values and norms of families and communities that shape entrepreneurs.
Through various outreach initiatives, the institute involves students and faculty in activities with entrepreneurs and business leaders. The college offers entrepreneurial leadership course work and educational programs for business and nonbusiness students at the undergraduate and graduate levels.