Boston University Names Dr. Robert Ronstadt to Lead Newly Created Technology Commercialization Institute
Contact: Ann Deveney, 617/353-2240 | email@example.com
(Boston, Mass.) — Boston University’s Board of Trustees has appointed Dr. Robert Ronstadt to lead the University’s newly created Technology Commercialization Institute. Dr. Ronstadt was named vice president of technology commercialization and will focus on leveraging the University’s 25-year history of involvement with entrepreneurship and technology transfer to the marketplace.
“The goal of our new Institute will be to combine education with research to build a new academic and professional discipline in technology commercialization — something we have been building toward for a quarter of a century,” said Dr. John Silber, chancellor of the University. “Dr. Ronstadt is ideally prepared to lead this effort.”
Dr. Ronstadt has extensive experience with business planning, raising capital, financial management of new enterprises, and managing new product research and development. For the past five years, he has been the director of the IC2 Institute at the University of Texas in Austin, an international, cross-disciplinary “Think and Do” tank.
Prior to working with IC2, Dr. Ronstadt worked at Babson College where he and the late Jack Hornaday created a program in entrepreneurship. In 1985, Dr. Ronstadt was awarded the Leavey Prize from the Freedoms Foundation for his pioneering work at Babson. After leaving Babson, Dr. Ronstadt helped run a software business that continued operations until 2001.
The new Boston University Technology Commercialization Institute will integrate and leverage the activities of several Boston University organizations, including the Community Technology Fund, the Photonics Center, Beacon Photonics, the BioSquare Discovery and Innovation Center, the Fraunhofer Institute, the Entrepreneurship Management Institute, and the Health Care Entrepreneurship Program.
The Institute also will launch a broad range of education programs. Dr. Ronstadt will lead research efforts to map the University’s technology resources and examine a number of questions associated with technology commercialization, questions designed to answer how to bring technology from university labs into the market efficiently and successfully.
Dr. Ronstadt and his wife, Rebecca, are former Peace Corps volunteers and met in Peru during the 1960s. They have two grown children and currently reside in Boston and Gilmanton, New Hampshire.
Boston University is the fourth-largest independent university in the United States, with an enrollment of more than 29,000 students in its 17 schools and colleges. The University offers an exceptional grounding in the liberal arts, a broad range of programs in the arts, sciences, engineering, medicine, and other professional areas, and state-of-the-art facilities for teaching and research.