Conference Session

Approaches to Teaching Entrepreneurship

Collection

2006 Annual Conference & Exposition

Authors

June Ferrill, Rice University; Lisa Getzler-Linn, Lehigh University

Tagged Divisions

Entrepreneurship & Engineering Innovation

2006-2218: TEACHING ETHICS SPECIFIC TO ENTREPRENEURSHIPJune Ferrill, Rice University June Ferrill, PhD, founder of ChangeMakers, Inc., developed an entrepreneurship program for undergraduates at Rice University that includes a course entitled "New Ventures Communications," an entrepreneurial club, and mentoring from Rice alumni and others. She teaches workshops on entrepreneurship as well as ethics within senior engineering design courses; in addition, in the Engineering School, she teaches “Ethical Decision-Making for Engineers.” She has provided consulting to Bank of America, Siemens, Ernst & Young and Texas Society of Professional Engineers, among others. Previously, she worked

Conference Session

Capstone Design and Entrepreneurship

Collection

2006 Annual Conference & Exposition

Authors

John Ochs, Lehigh University; Gerard Lennon, Lehigh University; Todd Watkins, Lehigh University; Graham Mitchell, Lehigh University

Tagged Divisions

Entrepreneurship & Engineering Innovation

recognition of this need, Olin College, chartered in 1997 by the Olin Foundation andlocated adjacent to the entrepreneurial Babson College, was charged with “exploring,testing, and implementing innovative engineering curricula and addressing…systemicissues with existing engineering education. It is significant that they the following threemajor dimensions: (1) superb engineering, (2) a strong emphasis on art, design, creativity,and innovation, and (3) basics in business, entrepreneurship, ethics, and a spirit ofphilanthropy13.The Lehigh Model embraces this vision, and includes the following basic tenets of thismind set: 1) Innovation fueled by creativity is this generation’s economic development engine. In the slightly modified words of

Conference Session

Entrepreneurship Division Poster Sessions

Collection

2006 Annual Conference & Exposition

Authors

La Verne Abe Harris, Arizona State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

solving, (4) product development, (5),team building, (6) sales, (7) marketing and branding (brand awareness), (8) consumer productpurchase patterns and understanding the consumer, (9) technology change and management, (10)intellectual property and law, (11) finance, (12) valuation of new technology, (13)commercialization planning, and (14) technological ethics. The most important modules,according to the IDeaLaboratory focus team, are problem solving and creative thinking (Refer toFigures 1 and 2). The basics of innovation are perceived third in significance (Refer to Figure 3).Almost 86% believe that valuation of a new emerging technology is “somewhat important” and7.1% perceive it to be “very important.” Slightly over 70% perceive technological

Conference Session

Entrepreneurship Division Poster Sessions

Collection

2006 Annual Conference & Exposition

Authors

Kenneth Ports, QTS, Inc.; Dennis Kulonda, Florida Tech; Clifford Bragdon, Florida Tech; Carmo D'Cruz, Florida Tech

Tagged Divisions

Entrepreneurship & Engineering Innovation

resulted in the explosion of high tech firms in Bangalorefrom 29 in 1992 to over 800 in 2000 with exports exceeding $1 Billion. The Indian ethic ofdedicated hard work is a societal asset that the managers of large MNCs value greatly. TheBangalore success story can be attributed to the combined support of government leadership ineducation and industry, and an actively involved world wide diaspora that invests and developsintellectual capital back and forth. There are other regions of India such as Pune and Hyderabadthat are emulating Bangalore’s successes in the global IT industry. Page 11.373.4IrelandThe Bangalore success story sounds very similar

Conference Session

Course-based Approaches to Entrepreneurship Education

Collection

2006 Annual Conference & Exposition

Authors

Doug Abbott, MT Tech of the U of MT; Lance Edwards, MT Tech of the U of MT; John Evans, MT Tech of the U of MT; Leo Heath, MT Tech of the U of MT; Mike Johnson, MT Tech of the U of MT; Timothy Kober, MT Tech of the U of MT; Mary North-Abbott, MT Tech of the U of MT; Roger Oldenkamp, MT Tech of the U of MT

Tagged Divisions

Entrepreneurship & Engineering Innovation

balance, simulation models) • Reserve Categories (proved, probable, possible) • Reserve reporting (SEC, financial lenders, partners) • Engineering ethics and responsibility6 Production Performance Petroleum • O&G production estimating methods (PEEP) • Correlation with reserves • Economic limit determination7 Timing Petroleum • Capital investment timing • Start of production timing • Impact of timing changes8 Financing

Conference Session

Approaches to Teaching Entrepreneurship

Collection

2006 Annual Conference & Exposition

Authors

William Sherrill, University of Houston; Thomas Duening, Arizona State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

operations.The latter is particularly lacking. For example, absent entirely from the entrepreneurial mindsetapproach is the entrepreneur’s desire to create an organizational engine that runs, generatingrevenue and throwing off profit, without need for the entrepreneur’s constant attention.14The Case Study ApproachThe case study approach to teaching entrepreneurship is perhaps the least common type. It is anextension of the Harvard Business School case study method. Most entrepreneurship faculty areunfamiliar with this approach. Those who do adopt it will not find the rich set of case materialsthat are available in other disciplines. Case studies in management, organizational behavior,corporate finance, business ethics, and a wide range of other