Andrew Zacharakis

Professor at Babson Olin Graduate School of Business


Babson Olin Graduate School of Business

Academic Division: EntrepreneurshipAndrew Zacharakis is The John H. Muller, Jr. Chair in Entrepreneurship at Babson College, Wellesley, MA. He is the Director of the Babson College Entrepreneurship Research Conference and past president of the Entrepreneurship Division of the Academy of Management. He is also a past chair of the Entrepreneurship Department at Babson College and a past Director of the Arthur M. Blank Center for Entrepreneurship at Babson. His writings and research focus on two major areas of entrepreneurship: the venture capital decision-making process, and entrepreneurial growth strategies. Zacharakis is the author of five books, Entrepreneurship, 3rd Edition (with Bygrave), The Portable MBA in Entrepreneurship, 4th Edition (with Bygrave), Business Plans that Work, 2nd Edition (with Timmons and Spinelli), How to Raise Capital (with Timmons and Spinelli), and Entrepreneurship: The Engine of Growth, Volume 2 (with Spinelli). His research has been published in numerous academic journals including: the Journal of Business Venturing; Entrepreneurship: Theory and Practice; Academy of Management Executive; Journal of Management; the Journal of International Business Studies; and Frontiers of Entrepreneurial Research. Moreover, his article, “Differing perceptions of new venture failure: A matched exploratory study of venture capitalists and entrepreneurs”, was selected as the best article published by Journal of Small Business Management in 1999. Zacharakis is on the Advisory Board for the Journal of Small Business Management and also serves on the editorial review boards for Venture Capital: An International Journal of Entrepreneurial Finance, Strategic Entrepreneurship Journal, Journal of Management Studies, and Journal of Entrepreneurial Finance and Business Ventures. His dissertation, the Venture Capital Investment Decision, received the Heizer Certificate of Distinction (1995) from the Academy of Management for outstanding research in the field of new enterprise development. Professor Zacharakis has been interviewed in newspapers nationwide, including The Wall Street Journal, USA Today, The Boston Globe, The New York Times, and The Los Angeles Times, and by several magazines, including Inc., Entrepreneur, and Kiplinger''s. He has also appeared on television in the Bloomberg Small Business Report, and radio on NPR Morning Edition. Professor Zacharakis has taught seminars at leading companies, including Dassault, Merck, Intel, and Met Life. He has also taught executives, students, and professors worldwide in such countries as Australia, Brazil, Chile, China, Columbia, Costa Rica, Egypt, Germany, Mexico, Norway, Spain, Turkey, and United Arab Emirates. Prior to his work at Babson, he held investment banking/venture capital positions with The Cambridge Companies, a Los Angeles firm that invested in retail concepts and movie partnerships. Today, Zacharakis is an active angel investor in seed stage deals. He also previously held positions at IBM and Leisure Technologies. Zacharakis received a B.S. (finance/marketing), University of Colorado; an MBA (finance/international business), Indiana University; and a Ph.D. (strategy and entrepreneurship/cognitive psychology), University of Colorado. Zacharakis is a consultant to entrepreneurs and small business start-ups and ventures.

Academic Degrees

  • Ph D, University of Colorado
  • MBA, Indiana University
  • BS, University of Colorado

Academic Interests

Entrepreneurship; Venture Capital; New Venture Creation

Awards & Honors

2016 - Mentor Award, Academy of Management Entrepreneurship Division

2015 - Top 100 Entrepreneurship Professors in the World, 2015, Hot Topics

2007 - Edwin M. & Gloria Appel Prize, Price-Babson Fellows Program

2003 - NamGok Academic Award, The Korean Journal of Financial Management


Courses Taught

Read about executive education

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