Professor Richard Townsend awarded Kauffman Junior Faculty Fellowship in Entrepreneurship Research

Rady School of Management Professor Richard Townsend was recently awarded the Kauffman Junior Faculty Fellowship in Entrepreneurship Research, a $35,000 grant which recognizes tenured and tenure-track junior faculty members who exhibit potential to make significant contributions to research in the field of entrepreneurship. The grant is awarded based on the individual's current projects and their existing record of scholarship.

Townsend intends to use the grant towards obtaining data and conducting his research on entrepreneurship. Currently, he is working on multiple projects including research into job-protected leave and the factors which discourage entrepreneurship, as well as the gender-gap in obtaining funding for entrepreneurs. In addition, Townsend is investigating whether investors tend to choose which companies to finance based on the startup team or on the team's idea and business plan.

In the past, Townsend's work has been published in top finance and management journals including Journal of Finance, Financial Economics and Management Science. In addition to being a visiting assistant professor at the Rady School, Townsend is an assistant professor of business administration at the Tuck School of Business at Dartmouth College. His research interests include corporate finance, entrepreneurial finance and behavioral finance.

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