A $3.125 million gift will launch the Tsai Center for Law, Science and Innovation in Dedman School of Law. The combined $2.5 million endowment and $625,000 in operational funding for the first five years provides a platform for collaboration among legal, science, engineering and business students, scholars and professionals.
“The creation of this new academic center within Dedman Law is a prime example of how expertise, scholarly need and philanthropic resources come together at SMU in remarkable ways,” said SMU President R. Gerald Turner. “We know that solving complex issues requires application of knowledge from several disciplines, and this center will be a model of scholarly interaction.”
Scheduled to begin operating in 2015, the center will focus on the intersection of innovation, intellectual property law and entrepreneurship by exploring the relationship between innovation policies, scientific research and the development and commercialization of new technologies.
“The Tsai Center for Law, Science and Innovation will enhance our academic programming for students and support our faculty’s groundbreaking research and scholarship in the areas of science and technology,” said Jennifer M. Collins, Judge James Noel Dean and Professor of Law in Dedman Law. “The center also provides the opportunity to develop innovative collaborations with SMU’s Lyle School of Engineering and Cox School of Business. We are so grateful for this extraordinary gift.”
Paul W. Ludden, SMU provost and vice president for academic affairs, noted that the various campus competitions that challenge students to develop and implement business plans and solutions to community programs will benefit from the resources of the Tsai Center. “Students competing in our Big iDeas program, for example, will really appreciate guidance they will be able to get on their own campus.” Ludden said.
The Dedman Law alumnus whose generous gift is funding the Tsai Center for Law, Science and Innovation has requested anonymity.
“We are very thankful for this gift,” said Brad E. Cheves, SMU vice president for Development and External Affairs. “The donor knows how well-used the Tsai Center will be in an entrepreneurial city like Dallas.”