University and has mentored more than 30 undergrad- uate and graduate business plan teams since 2002. In 2010, Carol’s teams won more national business plan competitions than teams from any one university in the 25 year history of the competitions. Carol has won two national awards for innovation in entrepreneurship pedagogy and won the prestigious University of Arkansas Alumni Association Faculty Distinguished Achievement Award for Teaching in 2009. She earned a Ph.D. in Strategic Management with an Entrepreneurship Concentration from the University of Georgia in 1988. Page 22.944.1 c
virtually every major engineering discipline represented. Interdisciplinary, as the COE Strategic Plan, of which entrepreneurship education is a key component, focuses on discovery and innovation at the intersection of traditional technology disciplines. Collaborative, operating in a university recognized as a national technology commercialization leadervii and one of the largest in the country in terms of size and number of disciplines.UF includes colleges of engineering, medicine, food and agricultural sciences, liberal arts andscience, and business, along with a host of other units on a single campus - providing a strongand diverse collaborative environment. Innovation is happening at the intersection of technologydisciplines
meetings with eitherinternal or external clients. The engineering students also begin developing a business planusing a template from a business plan competition as a guide. Regional economic developmentoffices help the team with rudimentary business plan development. In our region the ArrowheadGrowth Alliance – a consortium of various governmental and business groups – offers assistanceto the student teams in the development of the business plan15. Through weekly reviews andexternal advice, the student team moves the concept through technical and business developmentcycles that culminates in a submission to a business plan competition. In our region, our targetbusiness plan competition is the Minnesota Cup's student division16
business or anexisting business (intrapreneurship). In the Engineering Department, we have allied ourselveswith Business Department faculty such that all engineering students develop business plans fortheir projects. Furthermore, business students in an upper-level strategies course work withspecific engineering design teams. This year we have also begun an emphasis on identifying thecustomer and responding to the customer’s needs. Alumni, Business Department faculty, andEnterprise Center personnel are involved in assessing the initial ideas that each senior designteam is proposing. In addition, specific lectures have been prepared and given to the class thatintroduce the concept and value of having an entrepreneurial mindset.This paper will
Entrepreneurship Education Network (KEEN)Innovators program to help faculty learn the importance of the entrepreneurial mindset, not onlyin how they approach their vocation, but also in how they expose students to these sameattributes. We discuss the program design, its initial implementation, challenges faced, lessonslearned, and plans for the future.In the last fifty years, the emphasis in engineering education has been to equip our students withthe analytical tools thought to be needed for success in the workforce and/or graduate school.This is in contrast to the more hands-on educational model employed before the rapidindustrialization seen during World War II.1,2 In Friedman’s book, “The World is Flat,” andPink’s book, “A Whole New Mind,” although
technical research related to the GSSE project.2. Planning the STESE Course and ProgramIn its initial planning stages, the new program relied heavily on other existing strengths at CSUin international development, global sustainability, and an established record of transforminglaboratory research into innovative startup endeavors to benefit the human condition on a globalscale. Specifically, these areas include: A burgeoning undergraduate entrepreneurship curriculum within the College of Business, The newly developed School of Global Environmental Sustainability and The Global Innovation Center (GIC) for Energy, Environment and Health.Each of these resources is discussed briefly below.Entrepreneurship Curriculum within the College of
thinking, partnerships, and a multidisciplinary approach. It is ourintention to have a full summer program with numerous class offerings that will allow mostETSU students in the College of Business and Technology to complete a summer study in Romeand complete an entire semester of their degree requirements.Many entrepreneurial approaches have been implemented into the program, and many creativeaspects are still in the planning stages. Some of the issues include: A multidisciplinary curriculum that will benefit students and increase the influence of the College of Business and Technology throughout the entire university Partnerships with other departments and universities Access
the Innovation Ecosystem. 2. Identify university stakeholders and administrative support for innovation activities. 3. Establish a strategic plan for uniting the University Innovation Ecosystem that capitalizes on our uniqueness of liberal arts and professional programs.. This includes desired outcomes and identified resources needed to achieve them. 4. Develop an interdisciplinary course offering for Spring 2011 called “Impact! Exploring Innovation across Disciplines”.The workshop has resulted in the engagement of faculty, students and administratorsfrom domains of understanding across engineering, management, arts, humanities,sciences and social sciences through the formation of BIG (Bucknell Innovation Group).The
research projects with Chrysler, Ford, DTE Energy, Delphi Automotive System, GE Medical Systems, Harley-Davidson Motor Company, Interna- tional Truck and Engine Corporation (ITEC), National/Panasonic Electronics, and Rockwell Automation. His research interests include manufacturing systems modeling, simulation and optimization, reliability, intelligent scheduling and planning, artificial intelligence, predictive maintenance, e-manufacturing, and lean manufacturing. He is member of IIE, INFORMS, SME and IEEE.Sabah Razouk Abro, Lawrence Technological University Dr. Sabah Abro is an internationally educated math professor and program Director at Lawrence Tech- nological University. He graduated with a Bachelor degree from
; the strategies that firms use to benefit from innovation; and the process of formulating strategy. “ENES 464, International Entrepreneurship & Innovation”: The course focuses on the need for every entrepreneur and innovator to understand the global market in today’s hypercompetitive world, and to appreciate how to compete effectively in domestic markets by managing international competitors, suppliers, and influencers. Students develop skills to identify and manage opportunities on a global basis. “ENES 460, Fundamentals of Technology Start-Up Ventures”: With a focus on business plan development, students learn how to assess the feasibility of a startup venture, as well as how to apply
? i. Individual meeting with Career Services ii. Career Services Workshop(s) iii. Career Planning Course iv. Internship or co-op v. Career Fairs11. How important were the following non-technical components of your degree program during your job search? (5 scale; not important to very important) a. Writing Skills b. Communication Skills c. Liberal Arts/Humanities Courses d. Social Science Courses e. Language Courses f. Cultural Exposure Page 22.1172.9 g. Ability to work in a team 12. Did you participate in… a. Research b
, conduct a focus group, market theapplication, prepare written business plan components, present oral team progress reports, &finalize their application for submission for review by Apple. Throughout the course, studentspartner their skill-sets together in order to effectively develop and market an app. It is critical foreach team to have a group of students with diverse skill sets. For example, each team is in needof the following skills: • Technical expertise: an Objective C Programmer to write code for the app; • Marketing expertise: an individual with understanding of consumer needs and wants, the ability to
University. Dr. Pistrui is an active researcher focusing on the growth and societal impact of entrepreneurship, family business, and enterprise development. He is the co-author of groundbreaking work including Growth Intentions and Expansion Plans of New Entrepreneurs in the Former Soviet Bloc, (Ashgate, 1997), Family and cultural forces shaping entrepreneurship and SME development in China, (Elgar, 2006), New Venture Financing: An Empirical Investigation of Chinese Entrepreneurs, (Cambridge, 2009), and Family and Cultural Factors Impacting Entrepreneurship in War Time Lebanon, (Interscience, 2010). Dr. Pistrui serves on the editorial boards of the Journal of Developmental Entrepreneurship, and the Journal of
of Xeragen, Inc., a San Luis Obispo-based biotechnology startup company. He has also served as an Assistant Professor at Milwaukee School of Engineering and was employed by McDonnell Douglas Space Systems Company, where he was a lead engineer and Principal Investigator on projects to develop technology evolution plans for the Space Station.Daniel W. Walsh, California Polytechnic State University Daniel Walsh is currently a Professor of Biomedical and General Engineering, and a Professor of Materials Engineering at the College of Engineering at California Polytechnic State University, San Luis Obispo. He received his B.S. (Biomedical Engineering) , M.S. (Biomedical Engineering) and Ph.D. (Materials Engineering
attention is frequently focusedon individual creativity and other personality traits, organizational cultures, and other non-technical capabilities. We argue here that the typical descriptions of innovation competencies arecorrect but incomplete, lacking critical dimensions that are essential for planning an educationalcurriculum and assessing progress within it.The foundation of our model of innovation competencies rests on our definition of innovation:The ability to develop novel solutions to problems that result in significantly enhancedstakeholder satisfaction. As engineering educators, we believe that innovation is only effectivewhen it includes the full cycle leading to delivery of improved stakeholder outcomes, and thisintroduces challenges
with an entrepreneur from industry. The institution startedsponsoring a business plan competition where students compete for prize money to begin theirbusinesses. The institution also started hosting a government funded regional Small BusinessTechnology and Development Center.In late 2008, the institution initiated a new entrepreneurship education program around a concept Page 22.243.4called “Entrepreneurship Across the Curriculum” (ExC) which is also sponsored by Kern Family 3Foundation. Like other such programs as “Writing across the curriculum
market requirements,• Relying on extreme optimism and a distant, unknown use,• Underestimating the hurdles of translation, implementation and collaboration (believing the “hard work” is in the conception rather than the execution);• Building ineffective strategic and translation plans and failing to revise the plan based on accurate and evolving market input;• Underestimating the competitive technologies or global issues; and• Not having an engaged, effective and collaborative team to affect the research to innovation to commercialization process.The value such skill sets create—for individuals, nations and the planet—is undeniable. In theKauffman Foundation report, “Where Will the Jobs Come From?” authors Litan and
, disruptive technologies, intellectual property, entrepreneurship, proposal writing,project planning and control, etc.By adopting a simplistic view for a moment one can reason that there is a hierarchy that can beestablished between intelligence, creativity, innovation, and entrepreneurship, where the formeris a necessary condition for the latter. In general, intelligence and subject expertise may lead tocreating ideas (ideation). Some of these ideas may lead to innovative problem solutions orinventions. Usually, creation of a working physical (sometimes improved) prototype ends theinnovation process and starts the entrepreneurial process (commercialization). Creativity, ingeneral, can be quantitatively measured as a number of novel ideas. In
”Engineering Creativity” that was designed to bring out the creative side of engineering and business students. Well over 1000 students passed through this course. Because of this background, he was selected to be part of a team to teach the ”Innovations and New Ventures” class on entrepreneurship that began in the summer of 2006, with him concentrating on the innovation side of the course. To date, over one hundred and eighty students have learned how to develop a product and put together a basic business plan. He led a team to develop ”Entrepreneurship Across the Curriculum” at Kettering University where faculty members attended workshops designed to help put innovation projects into their classrooms. This effort resulted
between institutions where entrepreneurial interventions exist and where theydo not.Regardless of the value of the interventions toward changes in mindset, the interventions areseen as very valuable in increasing creativity and innovation in projects completed in the firstyear. As such, the interventions are planned as permanent components within the first yearcurriculum. Page 22.622.8References1. Menzel HC. On the way to creativity: Engineers as intrapreneurs in organizations. Technovation 2007; 27 (12):732-743.2. Ferrari A, Cachia R, Punie Y. Innovation and Creativity in Education and Training in the EU Member States: Fostering
(application ortest to prove idea has value, validation)." 16 In contrast, the steps in the innovation process are:"Analytical planning (to identify product design, market strategy, financial need), Organizingresources (to obtain materials, technology, human resources, capital), Implementation (toaccomplish organization, product design, manufacturing, services), and Commercial application(to provide value to customers, rewards for employees, revenues for investors, satisfaction forfounders)." 173.2 Virtues as bridgeThe stereotype of the entrepreneur is an individual who is hard driving, to the point of runningover anyone in their way (thus lacking in compassion) and one who sees opportunities, but maybe so narrowly focused that they miss issues of