Conference Session

Entrepreneurship Education: Experiential Learning and Economic Development II

Collection

2009 Annual Conference & Exposition

Authors

Donald Reimer, Lawrence Technological University; Ahad Ali, Lawrence Technological University

Tagged Divisions

Entrepreneurship & Engineering Innovation

School of Business of the Illinois Institute of Technology, Chevrolet Division ofGeneral Motors, OnStar and Milwaukee School of Engineering.Team SelectionThe students selected to participate in these competitive events were members of the LawrenceTech Chapter of the Collegiate Entrepreneurs’ Organization and had participated in other extra-curricular activities as well. The student team was cross disciplinary and represented theColleges of Engineering, Architecture, Business and Arts and Sciences. Our entrepreneurialprogram is founded on fostering the “entrepreneurial mindset with a global view [1].” LawrenceTech students have a rich history of participating in competitive events. These events nurturecreativity, innovation and leadership skills

Conference Session

Entrepreneurship Education: Cases and Models

Collection

2009 Annual Conference & Exposition

Authors

Dana Clarke, Applied Innovation Alliance; Donald Reimer, Lawrence Technological University; Ahad Ali, Lawrence Technological University

Tagged Divisions

Entrepreneurship & Engineering Innovation

addition to this it was technologically limited by its growthand application in a communist country that was void of entrepreneurship, customer focus,market dynamics, competition and other Western business characteristics [1, 2]. The Transitionfrom yesterday to today has spanned the last 60 years and included: • Research of innovation – History of technology - TRIZ – Worldwide patents – TRIZ • Expanded research of innovation – Psychological processes of inventing – minimally TRIZ-base – Evolution of business – beyond TRIZ – Evolution of markets and market dynamics – beyond TRIZThis past and continuing research has led to the development of methods, tools and techniques: • Structuring

Conference Session

Entrepreneurship Education: Cases and Models

Collection

2009 Annual Conference & Exposition

Authors

Jane Laux, Arizona State University; Anshuman Razdan, Arizona State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

enjoyed.1 Introduction One of the major catalysts in technological advancements in the 20th century has been closeworking relationships between universities and industry both in the United States and Europe. Page 14.264.2There have been many successes including major hits such as drug discoveries, informationtechnologies, new materials and efficient processes. Yet, the relationship between the two, ingeneral, remains full of tension, distrust and skepticism. There are adequate reasons and historyto make the case for either side. However, neither can survive without the other if we are tomaintain progress and solve the grand challenges of this

Conference Session

Entrepreneurship Education: Innovation, International Cooperation, and Social Entrepreneurship

Collection

2009 Annual Conference & Exposition

Authors

Pritpal Singh, Villanova University; William Hurley, Villanova University; Edmond Dougherty, Villanova University; James Klingler, Villanova University

Tagged Divisions

Entrepreneurship & Engineering Innovation

of Maryland, andPennsylvania State University. In September 2007, our university received a grant fromthe Kern Family Foundation to develop a new curriculum for a minor in EngineeringEntrepreneurship open to students in all of the engineering disciplines. The generalframework of this program has been presented elsewhere [1]. The first course in thesequence was taught to a first cohort of students during the Fall 2008 term. The courseis titled Creativity and Innovation and was offered to first semester sophomoreengineering students from all disciplines. The details of this course are presented below.Course Objectives and Pedagogical ApproachThe four primary goals of the Creativity and Innovation course are to:1. Teach students the difference

Conference Session

Entrepreneurship Education: Cases and Models

Collection

2009 Annual Conference & Exposition

Authors

Douglas Arion, Carthage College; Matt Wagner, Center for Advanced Technology and Innovation; Clifton Kussmaul, Muhlenberg College

Tagged Divisions

Entrepreneurship & Engineering Innovation

, and workshops to help faculty at other institutions integrate InovaED into their courses. Page 14.739.6Figure 1 below summarizes the workflow interactions and feedback loops between businesses,CATI, and students and faculty. For businesses, their goals and needs drive the R&D that resultsin new IP, and that can serve as the basis for student projects which provide both direct andindirect benefits to the company, and may also provide a way to identify potential employees.Documents produced by students may lead to new offerings based on other companies’ IP, ormay lead to other ventures that produce license revenue for the business owning the

Conference Session

Entrepreneurship Education: Cases and Models

Collection

2009 Annual Conference & Exposition

Authors

Anuradha Basu, San Jose State University; Minnie Patel, San Jose State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

immigrant entrepreneur. We used a stage-wise process in developinga case study on the founding of Serus, a global provider of technology and managed services forcompanies with distributed or outsourced manufacturing operations, based in a Silicon Valley,California. The stage-wise process included the following steps: 1. Desk research on the case study company and the industry 2. Face-to-face interviews with the both founders 3. Transcription of interviews 4. Compared findings from interviews with the a priori learning objectives of the case 5. Prepared first draft of case study and instructor’s notes, including a rubric to assess students’ responses 6. Presented the case at the Embryo session of the NACRA Conference 7

Conference Session

Entrepreneurship Education: Innovation, International Cooperation, and Social Entrepreneurship

Collection

2009 Annual Conference & Exposition

Authors

William Jordan, Baylor University; Ryan McGhee, Baylor University; Brian Thomas, Baylor University; Elizabeth Lemus, Baylor University

Tagged Divisions

Entrepreneurship & Engineering Innovation

inthe local community indicate to us that they have a need our students can help fulfill. With thisprior contact our students are able to partially design the project on our campus and thencomplete the design and deploy it as part of an international trip. There are often so manyunknowns that the design cannot be completed until students arrive on-site, and this alsoprovides rewarding contact with the “customers.”For a project to be successful, there are some things that need to be done before the project canbe implemented. They are:1. Have contacts in the country who are interested in having us do the project and who can act as a resource.2. Know enough details about the project so that the design work can be begun during the academic

Conference Session

Entrepreneurship Education: Crossdisciplinary Programs

Collection

2009 Annual Conference & Exposition

Authors

Bruce Mutter, Bluefield State College

Tagged Divisions

Entrepreneurship & Engineering Innovation

Conference Session

Entrepreneurship Education: Experiential Learning and Economic Development II

Collection

2009 Annual Conference & Exposition

Authors

Barbara Karanian, Wentworth Institute of Technology; Gregory Kress, Stanford University; Joel Sadler, Stanford University

Tagged Divisions

Entrepreneurship & Engineering Innovation

trying to figure out a way to structure exercises to access story as a methodologyand explorative form for a graduate engineering and design methods class. To do this I reflect back onwhat I already know, what I am learning from graduate student co-creators, and how my participantobservation as instructor for the class will impact the developmental stages of their projects.We know that collaborative design thinking is a social activity [1]. Members work together in teamsin the workplace and increasingly in engineering schools in project-based design courses. While thesecourses give an experience of working in teams, the elements of how insights help individuals createnew approaches, sustain engagement and inspiration well into a project and

Conference Session

Entrepreneurship Education: Innovation, International Cooperation, and Social Entrepreneurship

Collection

2009 Annual Conference & Exposition

Authors

Cynthia Fry, Baylor University; Gregory Leman, Baylor University

Tagged Divisions

Entrepreneurship & Engineering Innovation

technologies on a global scale than at any othertime.These realities have been well-documented by others, so we only note here one outcome– the emergence of a new paradigm for startup-ventures which are “born global 1”.Presutti et al. conclude that born-global ventures represent the final stage of developmentfor serial entrepreneurs and point to the development of a global network as an importantfactor in the readiness of the individual entrepreneur for a successful born-global launch. 2Whether or not a series of ventures is needed to prepare an individual for such a career-capping event, this model can serve as a guiding paradigm as educators design andexecute educational experiences that will accelerate the preparation of graduates for aworld in

Conference Session

Entrepreneurship Education: Crossdisciplinary Programs

Collection

2009 Annual Conference & Exposition

Authors

James Green, University of Maryland; Judy Frels, University of Maryland

Tagged Divisions

Entrepreneurship & Engineering Innovation

-stage entrepreneurial ventures of less than 10people with less than $1 million in annual revenues. A statement of need was requested fromthese applicants and awards were contingent on availability of scholarships and level of need.MarketingOur initial seed funding was to be used to market the program and to pay the first faculty’steaching fee, assuming that even if we had very poor turn-out, we would need to run at least thefirst day and pay faculty for their time. A web site was created that outlined the courses, theinstructors, and that provided a registration site. A glossy tri-fold self-mailing brochure wascreated that contained the same information. Lists from several magazines (e.g., Inc, FastCompany) were purchased that targeted the

Conference Session

Entrepreneurship Education: Assessment and Integrating Entrepreneurship into the Curriculum

Collection

2009 Annual Conference & Exposition

Authors

Hak Tam, University of California, Santa Barbara; Gary Hansen, University of California, Santa Barbara; Sally Blomstrom, Embry-Riddle Aeronautical University; Peter Robinson, Utah Valley University

Tagged Divisions

Entrepreneurship & Engineering Innovation

AC 2009-529: ENTREPRENEURSHIP PROGRAM ASSESSMENT BY STUDENTOUTCOMEHak Tam, University of California, Santa BarbaraGary Hansen, University of California, Santa BarbaraSally Blomstrom, Embry-Riddle Aeronautical UniversityPeter Robinson, Utah Valley University Page 14.581.1© American Society for Engineering Education, 2009 ENTREPRENEURSHIP PROGRAM ASSESSMENT BY STUDENT OUTCOMEIntroduction Harvard Business School offered the first course in entrepreneurship in 1947. Today mostof the AACSB-accredited business schools offer programs in entrepreneurship 1. Withinnovations emanating from the science and technology areas, entrepreneurship

Conference Session

Entrepreneurship Education: Crossdisciplinary Programs

Collection

2009 Annual Conference & Exposition

Authors

Jorge delosRios-Hurtado, Texas Tech; David Wyrick, Texas Tech

Tagged Divisions

Entrepreneurship & Engineering Innovation

certificates in technologyentrepreneurship. TTU wants to develop a Graduate Technology Entrepreneurship Certificate(GTEC) to prepare graduate to either enhance their current business abilities, or explore startinga new company.Certificate StructureThe purpose of this Graduate Technology Entrepreneurship Certificate (GTEC) is to preparegraduate students in architecture, sciences, engineering, agricultural sciences and naturalresources, and business careers in technology-driven industries (See Figure 1). The certificateprogram is designed for those students who would like to develop a cross-disciplinaryperspective of technology using both engineering and business skills. This GTEC will containfour courses (12 credit-hours). Three of them will be

Conference Session

Entrepreneurship Education: Experiential Learning and Economic Development I

Collection

2009 Annual Conference & Exposition

Authors

Lisa Zidek, Florida Gulf Coast University

Tagged Divisions

Entrepreneurship & Engineering Innovation

profession with a societal context leading to socialresponsibility.” Engineering Service Learning promotes the concepts of social responsibility inthe engineering profession.The new course sequence begins with Engineering Service Learning in the fall semester of junioryear. Completely restructured, the new course requires the students to propose at least twoprojects with engineering service learning content using a project assessment form, Figure 1. Page 14.1054.4 Figure 1 – Project Assessment FormThe project summaries are then distributed to the entire

Conference Session

Entrepreneurship Education: Crossdisciplinary Programs

Collection

2009 Annual Conference & Exposition

Authors

sasikumar naidu, University of Tennessee; Prasanna Venkateswara Rao, University of Tennessee, Knoxville; Paul Frymier, University of Tennessee, Knoxville; Spivey Douglas, University of Tennessee, Knoxville; Gary Smith, University of Tennessee, Knoxville; Masood Parang, University of Tennessee, Knoxville; Rapinder Sawhney, University of Tennessee, Knoxville

Tagged Divisions

Entrepreneurship & Engineering Innovation

property issues related to the content of both the undergraduate and graduatecourses. These lectures covered three relevant areas of law: 1) tort law, focusingparticularly on products liability law; 2) organizational structure on the issues involved inchoosing the best organizational entity for a business (partnership, LLC, corporation);and 3) The basic areas of intellectual property (trade secrets, patents, trademarks,copyrights), and provided the students with a framework for recognizing potentialintellectual property issues. A class segment on choice of entity, focusing on defining the comparativeattributes (taxation, governance, and third-party liability) of different forms of businessassociations, including partnerships

Conference Session

Entrepreneurship Education: Experiential Learning and Economic Development I

Collection

2009 Annual Conference & Exposition

Authors

Robert Olsen, Washington State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

influenced byinteractions with programs at other academic institutions. More specifically, at least twoacademic programs have influenced the content and format of the Frank Fellows program. Thefirst is the Hinman CEO’s program at the University of Maryland [1, 2]. Of specific interest wasits living-learning community of entrepreneurs and the long term team based entrepreneurialprojects on which the students worked. While the Frank Fellows program does not have a longterm living-learning component, the students become quite close during the summer and work onthe same teams for the entire academic year. The second influence was the Mayfield Fellowsprogram of the Stanford Technology Ventures Program [3]. Of specific interest was the intenseinteractions

Conference Session

Entrepreneurship Education: Experiential Learning and Economic Development I

Collection

2009 Annual Conference & Exposition

Authors

Gerald Nelson, Mississippi State University; Byron Williams, Mississippi State University; Gary Butler, Mississippi State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

facilitating the transition of technology into thecommercial market place, universities are required to manage a complex, end-to-end technologydevelopment and commercialization cycle. Effective execution of such a process requiresintegrating faculty, administration and industry into a seamless organizational infrastructure.This paper describes this integration as a model for university technology commercialization.Model for Technology CommercializationThe Mississippi State University Technology Commercialization Model depicts a phased processwhere technology drivers provide the inputs, and the output is a commercialized technologyand/or a new business entity. An abstract view of the model is shown in Figure 1.The starting point of the model is the

Conference Session

Entrepreneurship Education: Experiential Learning and Economic Development I

Collection

2009 Annual Conference & Exposition

Authors

Claude D'Amours, University of Ottawa; Claude Laguë, University of Ottawa; Frank Mellor, University of Ottawa

Tagged Divisions

Entrepreneurship & Engineering Innovation

staff members)school that offers undergraduate and graduate programs in a number of engineering disciplines(biomedical, chemical, civil, computer, electrical, environmental, mechanical, software) and incomputer science. Because of the bilingual nature of the University of Ottawa, students canchoose to complete their studies in either one, or both, of Canada’s official languages. At theundergraduate level, the Faculty offers an option in engineering management andentrepreneurship in six (6) of its eight (8) engineering programs. In 2006, the Faculty establishedthe $2-M Entrepreneurship and Innovation Endowment Fund (EIEF), thanks to an initial $1-Mdonation from an anonymous alumnus. Operating under the guidance of an expert AdvisoryBoard, the

Conference Session

Learning from Entrepreneurship Programs

Collection

2006 Annual Conference & Exposition

Authors

Gerald Nelson, Mississippi State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

transfer nationwide according to the Council on Governmental Relations.1 Thesignificant changes in the handling of Intellectual Property has enabled exclusive licensing bythe universities enhancing the ability of university personnel to participate in thecommercialization of technology. Over 300 public universities in the United State have sincecreated some form of Entrepreneurship program. In 2000, under the leadership of Dean A.Wayne Bennett, Mississippi State University’s Bagley College of Engineering recognized theneed to promote such a program.The Jack Hatcher Engineering Entrepreneurship Certificate Program at Mississippi StateUniversity was initiated on February 7, 2001, with a primary investment of $1.25 million. Sinceits inception as the

Conference Session

Entrepreneurship Division Poster Sessions

Collection

2006 Annual Conference & Exposition

Authors

Philip Rufe, Eastern Michigan University; Gary Rodak, Eastern Michigan University; Scott Pollock, Eastern Michigan University; Mary Finkel, Eastern Michigan University

Tagged Divisions

Entrepreneurship & Engineering Innovation

fluids for an entire transmission manufacturing plant. They couldonly do that by understanding the large picture of the business situation. They were exposed tothe concept of being an entrepreneur early. It is becoming more apparent as I expand mybusiness and networking efforts that too many corporate engineers just don't get what theircompany is all about. It is absolutely critical that today’s graduate is capable of fending for herself or himself.If nothing else entrepreneurship training provides an emergency parachute if there are no offersfrom existing companies. Companies prefer to hire only the highest grade graduates and not allstudents can be in the top 1% of their class. Those “lower” achievers will appreciate the freedomthat

Conference Session

Entrepreneurship Division Poster Sessions

Collection

2006 Annual Conference & Exposition

Authors

John Stephens, Lawrence Technological University; Mariam Iskandarani, Lawrence Technological University

Tagged Divisions

Entrepreneurship & Engineering Innovation

. Page 11.1172.4There are three types of leases: 1) Fair Market Value Purchase Option (FMV) - has the lowestmonthly payment of a standard lease with flexible purchase options at lease end. A Fair MarketValue lease is the preferred option for businesses who are interested in avoiding equipmentobsolescence. At the end of lease, the lessor has the options of: Returning the equipment, orpurchasing equipment for the Fair Market Value, or extending the lease under a new leaserenewal. 2) 10% Purchase Option –the entrepreneur’s monthly payments would be lower than a$1 Buyout Lease, but higher than the Fair Market Value option. And, at the end of the lease, thebusiness owner can choose to purchase the equipment for 10% of the original cost or return

Conference Session

Successful Outcomes of Student Entrepreneurship

Collection

2006 Annual Conference & Exposition

Authors

Karen Thornton, University of Maryland-College Park; Anik Singal, Affiliate Classroom, Inc.; David Barbe, University of Maryland-College Park; James Green, University of Maryland-College Park

Tagged Divisions

Entrepreneurship & Engineering Innovation

significant positive influences of education andindustry experience, three further characteristics emerged in this study. These are the founder’ssocial capital, their passion for the new venture, and their personal confidence. Table 1. Comparisons and contrasts of founder characteristics Our Findings Literature Review Education Education Industry experience Industry experience *Social capital Entrepreneurial experience *Passion Founding team *Confidence * Emerging critical success

Conference Session

Course-based Approaches to Entrepreneurship Education

Collection

2006 Annual Conference & Exposition

Authors

Anthony Warren, Pennsylvania State University; Ralph Hanke, Bowling Green University; Elizabeth Kisenwether, Pennsylvania State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

for each session so that facilitators are not tempted toregress to “chalk and talk” style.1: INTRODUCTIONThis paper reports on a pilot, cross-college course that is the first step in a multi-year program Page 11.115.2designed to expand entrepreneurship learning for all interested students in the State University 1system and then to educational units throughout the USA. The acquisition of entrepreneurial skillsis vital for assuring the future of the US economy in a changing global knowledge basedenvironment. However, there is to date

Conference Session

Entrepreneurship Education - A 10,000' View

Collection

2006 Annual Conference & Exposition

Authors

Mary Secor, Institute to Promote Learning; Douglas Arion, Carthage College

Tagged Divisions

Entrepreneurship & Engineering Innovation

Page 11.365.2Bloom’s Taxonomy of Learning model to: (1) develop a curriculum that is tied to thedevelopment of the student; (2) deliver each part of the curriculum utilizing the mosteffective instructional format; (3) optimally and seamlessly integrate campus programsand services, and business and community resources into the curriculum; and (4) buildadministrative and organizational structures that are consistent with and support thecreation and implementation of innovative entrepreneurship programs.Curriculum Development Effective delivery of complex programs, such as entrepreneurship, should be donewithin the broadest context of goals and objectives. While individual instructors orstudent experiences may be addressing individual

Conference Session

Capstone Design and Entrepreneurship

Collection

2006 Annual Conference & Exposition

Authors

Thomas Miller, North Carolina State University; Stephen Walsh, North Carolina State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

comprised of undergraduates and run these teams asvirtual start-up companies. Underclassmen serve as virtual employees of these E-Teams andparticipate for either 1-credit or 3-credits.Topics covered in the EEP include leadership, management, project planning, marketing, sales,operations, organizational behavior, financials, corporate formation, business planning, andintellectual property. The EEP Portal provides the students a structured, yet flexible, mechanismto manage their teams and the product development process. In addition, the EEP Portal allowsfaculty to observe the E-Team’s progress in real-time and to monitor the program’s pedagogicaleffectiveness.This paper discusses the impetus in developing the EEP Portal, its actual design

Conference Session

Entrepreneurship Division Poster Sessions

Collection

2006 Annual Conference & Exposition

Authors

La Verne Abe Harris, Arizona State University

Tagged Divisions

Entrepreneurship & Engineering Innovation

Verne Abe Harris, PhD, CSIT Arizona State UniversityAbstractIndustry professionals from organizations such as Motorola, Intel, Boeing, and Honeywellparticipated in a needs assessment survey through the IDeaLaboratory at Arizona StateUniversity to determine the innovation needs of today’s industrial organizations.1 The model ofthe IDeaLaboratory follows the Polytechnic campus outcomes of Pasteur’s Quadrant –– appliedresearch.2 Students become an integral part of the innovative thinking, discovery, learning, andassessment processes, because they become engaged in the design and technology research andsolutions, just as they would in a corporate or government working environment. TheIDeaLaboratory is

Conference Session

IP and Supporting Student Startups

Collection

2006 Annual Conference & Exposition

Authors

Craig Silvernagel, University of North Dakota; Richard Schultz, University of North Dakota

Tagged Divisions

Entrepreneurship & Engineering Innovation

generated in the many possible partnership scenarios that arise among thestudents, faculty, and outside entities associated with a particular project, as well as whetherstudents and faculty have a working understanding of IP ownership and what it really means tothem. Through support by the North Dakota Small Business Development Center, a researchinstrument is currently under development to study the issue of student-generated intellectualproperty in more depth. The underlying assumptions used in the survey are that claims to IPownership for a particular project are really based on the answers to three fundamental questions:(1) Who formulated the problem statement? (2) Who solved the problem? (3) How significantwas the use of resources (e.g., human

Conference Session

Approaches to Teaching Entrepreneurship

Collection

2006 Annual Conference & Exposition

Authors

Rose Marie Lynch, Illinois Valley Community College; Dorene Perez, Illinois Valley Community College; James Gibson, Illinois Valley Community College

Tagged Divisions

Entrepreneurship & Engineering Innovation

Conference Session

Learning from Entrepreneurship Programs

Collection

2006 Annual Conference & Exposition

Authors

Nancy Clement, Purdue University; Edward Coyle, Purdue University; Joy Krueger, Purdue University

Tagged Divisions

Entrepreneurship & Engineering Innovation

second is the Hardware Prototyping Facility,which provides a wide variety of electronic test equipment, a paint/glue booth that exhausts tothe outside of the building, lab benches, tools, etc. for teams that are building projects. Thelayout of these facilities in the Burton D. Morgan building can be seen in Figure 1. Page 11.368.4 Figure 1: The facilities (shaded/yellow) for the EPICS Entrepreneurship program in the Burton Morgan Building include two labs – the Software Development Lab and Prototyping Lab – and two offices – for the Director and Coordinator of the EEI program. The other entrepreneurship programs sharing this

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

parameters to be compatible with these criteria: 1. The curriculum must be holistic, providing students with a broad perspective of the various elements of the entire business operation (marketing, accounting, finance, operations); 2. The curriculum must have a theoretical underpinning, that enables students to make sense of disparate data and information; Page 11.1208.4 3. The curriculum must have a logical flow so that the various lessons build upon one another over time; 4. The curriculum must help build entrepreneurial skills among students rather than just