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Texas MSTC | Program Information

Meet the Director

Dr. Gary CadenheadGary M. Cadenhead, Ph.D. is the Director of the Master of Science in Technology Commercialization (MSTC) Program. Intimately familiar with the MSTC Program, Dr. Cadenhead taught the inaugural Class of 1996 and the Class of 2004. He has also mentored MSTC teams that have competed in new venture competitions in the past two years.

Currently, Dr. Cadenhead’s professional activities involve advising new ventures, mentoring two new venture competitions, consulting, and serving on the boards of several entities. He continues to work with several ventures launched during the period he directed the MOOT CORP Program. He formerly served on the screening panel of the Central Texas Regional Center of Innovation and Commercialization for the Texas Emerging Technology Fund. This program, based in the Governor’s Office, promotes the development of emerging technologies in the State of Texas.

As a Senior Lecturer in Entrepreneurship in the McCombs School of Business at The University of Texas at Austin, Dr. Cadenhead served as Director of the world renowned MOOT CORP Competition from 1992 until 2005. Under his leadership the Competition grew from eleven universities to forty, became truly global, became a launch pad for new ventures, and offered the winners $100,000 in investment capital. Dr. Cadenhead taught MBA courses in management accounting, strategy, and entrepreneurship, including the courses that prepared UT MBAs for the MOOT CORP Competition.  Dr. Cadenhead was inducted into the MOOT CORP Hall of Fame in May, 2011.

In four different years, Texas MBA students selected him to receive Outstanding Graduate Business Professor Awards. In 1995, the Kauffman Foundation and the Entrepreneur of the Year Institute recognized him as one of the Top Ten Entrepreneurship Educators of the Year. In 1998 and again in 2003, Dr. Cadenhead and the MOOT CORP Program were featured in Inc. magazine. In 1999, he received the Entrepreneurship Education Pedagogy Innovation of the Year Award from USASBE. In a 2003 survey of entrepreneurship directors commissioned by Entrepreneur magazine, Dr. Cadenhead was recognized as one of the three top directors of entrepreneurship programs in the United States.

Prior to joining The University of Texas in 1980, Dr. Cadenhead held faculty positions at Stanford University, UCLA, and the University of California at Santa Barbara. He has been a visiting professor at the University of Hawaii at Manoa, Ecole Polytechnique Federale de Lausanne in Switzerland, IMADEC University in Austria, and Texas Christian University.

He graduated Phi Beta Kappa from Southern Methodist University, earned an MBA from Harvard University, and received his PhD in accounting from Stanford University. A CPA licensed in the State of Texas, he had auditing experience with Deloitte Haskins & Sells, now Deloitte. In addition to having been an auditor, he had experience hiring and managing auditors during his tenures as Chief Financial Officer of the Center for the Study of Democratic Institutions and Chairman of the Audit Committee at Schlotzsky’s. His accounting articles have appeared in various professional journals, including the Journal of Accounting Research, Accounting Review, and Abacus. He has also published in the Design Management Journal and The Journal of Private Equity. His third book, No Longer MOOT:  The Premier New Venture Competition from Idea to Global Impact, was published in 2002.

Dr. Cadenhead has considerable board experience. In 2004, he served on the Board of Directors of Schlotzsky’s (Chairman of the Board, Chairman of the Audit Committee and member of the Compensation Committee). Currently he serves as Chairman of the Board of Halsa Pharmaceuticals, an early stage venture commercializing a university developed biologic. He served on the Executive Advisory Board on Intellectual Property and Technology Transfer at The University of Texas at Austin, as a governor of the Opportunity Funding Corporation, a nonprofit entity that encourages minority economic development, and on the Advisory Board for Technology Transfer at the Los Alamos National Laboratory. He now serves on the advisory board of The Journal of Private Equity.