New Faculty are given an office, a computer and teaching assignments, and are expected to develop a successful program of research. In many ways, each faculty position is its own ‘start-up’. Like start-ups, some succeed and some do not. Perhaps we can learn from the field of entrepreneur development how to better support the process of faculty development.

Warren O. Nash III is the Executive Director of The Von Allmen Center for Entrepreneurship (VACE) at the University of Kentucky. Previously he was Director of the Lexington Office of the Kentucky Innovation Network and has served as the deputy commissioner of the Department of Commercialization and Innovation.