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
interested in entrepreneurship after takingthe course and many perceive to have become successful entrepreneurs.Introduction “Entrepreneurship is a dynamic process of vision, change, and creation. It requiresan application of energy and passion towards the creation and implementation of new ideas andcreative solutions. Essential ingredients include the willingness to take calculated risks in termsof time, equity, or career; the ability to formulate an effective venture team; the creative skill tomarshal needed resources; and fundamental skill of building a solid business plan; and finally,the vision to recognize opportunity where others see chaos, contradiction, and confusion” 1.Entrepreneurship is more than the mere creation of business. The
offered the week before classes began in the fall of 2015 andthe second was offered again the week before classes in the fall of 2016. The workshop wasloosely structured around the LLP methodology for creating startups as well as the engineeringdesign process. Students were placed on teams and given a predetermined innovation seedproject that was based on a university related problem. They developed hypotheses of designsolutions, made a test plan, got out of the building to test their hypothesis with customers andstakeholders, and iterated until they validated (or invalidated) their solutions. Along the way,they learned about value propositions, product-market-fit, the scientific method, customer-centricdesign, and teamwork.Just as the first year
nature and includeactivities such as prototyping a physical product or application, developing a business plan,interviewing potential customers, delivering pitches, applying to grants, and getting feedbackfrom mentors or other entrepreneurs (Duval-Couetil, Shartrand, & Reed, 2016b).Entrepreneurship classes and programs are therefore generally structured in a project-basedlearning format in which students form team and work on developing solutions for real problems(Duval-Couetil et al., 2016b). In order for students who are participating in entrepreneurshipactivities to be successful, they must communicate effectively and think critically to designsolutions that solve open-ended problems (Byers, Seelig, Sheppard, & Weilerstein, 2013
. The Pathways programprovided support for three separate annual cohorts of institutions to amplify innovation andentrepreneurship in engineering education.4 Colorado School of Mines applied to be a Pathwaysinstitution, and was selected in early 2015. Becoming a Pathways institution allowed the facultymembers to participate as formal a team on campus. Becoming a Pathways team provided alsoprovided a vehicle to coordinate activities and initiatives. The team first gathered at a planningconference with other newly minted Pathways institution teams that February. The purpose ofthe conference was for each team to begin to formulate a plan of action for amplifyinginnovation and entrepreneurship at their institution and to identify an initial project
entrepreneur searches for a business model, rather thanexecute a business plan.Prior to the lean LaunchPad, the business plan was the key to creating a startup. Entrepreneurswould use “the decades-old formula, you write a business plan, pitch it to investors, assemble ateam, introduce a product, and start selling as hard as you can.”3 While this approach was widelyadopted, it was inefficient, with 75% of startups failing according to Harvard Business Schoolprofessor, Shikhar Ghosh. The majority of professors and textbooks preached this approach.The Lean LaunchPad has had quite a bit of success. It is the primary method used at upperechelon university’s like Stanford University, Columbia University, University of California –Berkley, as well as quickly
, and pay it forward.” 2 Story Telling “Realize a something new by induction, and then learn to communicate the story with a new language.” 3 Friend or Foe “If you can’t tell: Learn to trust others without expecting anything in return.” Page 26.1030.5 4 Seek Fairness “Make deals that seek fairness (in positive sum transactions), not advantage (in zero sum transactions).” 5 Plan to Fail “It is necessary to be Wrong sometimes. Plan to Experiment. Plan to Fail. (Fail Fast) Analyze, adapt and repeat. The smarter you think you are, the harder this is going to be.” 6 Diversify
‘customer’ concept strengthens the ‘model’ theme. It is also important to note that the word ‘model’ is serving two purposes. First it is the name of a theme (a group of words). Second it is a concept (a single word or merged group of words). It is because the word ‘model’ is the most connected word in the theme that makes it the name of that theme. Likewise, the ‘business’ theme in the entrepreneurship texts include the concepts ‘opportunity’, ‘planning’, ‘idea’ and ‘action’. Although each of the three bodies of text are distinct, there are some important commonalities. Each contains as a key theme ‘product’ at approximately the same high level of importance. Both
• Could give options of scenarios; different bridge optionsDiscussionThe pilot studies for new entrepreneurially minded learning modules in 2nd-year core engineeringcourses at Western New England University were completed in Spring 2015. Since the resultswere promising, the modules will be implemented in more sections of the respective courses inacademic year 2015-2016. Minor changes to the modules are planned to further address targetEML skills in the respective courses.IE 212Small changes are planned for the next implementation of this assignment. The module will bepitched to the students in a similar fashion; the students’ goal is to convince the CEO of theircompany to locate a new facility in a particular region. The assignment will be
to buy a product but they will only have that choice if the product can be made. Thus, students are introduced to manufacturing considerations and work with the instructor to validate the manufacturing and pricing assumptions.7. Technology roadmapping. The fact that this is a freshman level class with a one semester duration necessitates that the process be truncated. The students are required to make a technology roadmap, describing the technologies that need to be developed in order for the product to become a reality. They are, however, not required nor encouraged to embark on the technology development during the course. Instead, the students are asked to make an initial plan to develop these technologies in
life forms a stable routine, I look for ways to change it. I’d rather be bored than surprised. If I were to be informed that there’s going to be a significant change regarding the way things are done at work, I would probably feel stressed. When I am informed of a change of plans, I tense up a bit. When things don’t go according to plans, it stresses me out. If one of my bosses changed the performance evaluation criteria, it would probably make me feel uncomfortable even if I thought I’d do just as well without having to do any extra work. 4Appendix: ENG1102 Entrepreneurial Intentions Survey - Fall 2017 6. For each
require the newly hired engineer to have a broader set of skills. The new engineermust be familiar with marketing and accounting as well as their particular engineeringdisciplines.As economies continue to become more global, American industries must rely on innovation andtechnology to remain competitive. These companies must create new products faster with morefeatures. An understanding of the product development cycle and how it fits into the corporate Page 11.1174.2planning structure, i.e. financial planning, marketing, sales is essential. A student that getsexposure to the new product development process and entrepreneurship will be better able
. Page 11.445.2 Developing Positive Teaming in a Product Development and Entrepreneurship Course Using an Off-Campus Weekend SeminarOverviewOne of the most important concerns in teaching a product development and entrepreneurshipcourse with multidisciplinary teams is to ensure that the teams function effectively. This can bedifficult when the course contains a significant workload for each team, such as the developmentof a new product idea along with a complete business plan for the product in a single semester.Experience with four semesters of classes shows that more cohesive, process driven teams arestronger and experience greater success on a variety of levels than less cohesive teams. Toaddress these important team issues, the
several mathematical and simulation models that helped plan for the reactor shutdown accord- ingly. Dr. Houshyar has served as the Editor-in-Chief of the International Journal of Modelling and Simula- tion for over 20 years, and is very active in publication of scholarly articles. He has over 30 journal publications and 100 articles in conference proceedings. Some of Dr. Houshyar’s journal publications are in Computer and Industrial Engineering, Computers in Industry, The International Journal of Mod- elling and Simulation, Applied Ergonomics, The International Journal of Production Research, Industrial Management, Simulation, and The Institute of Industrial Engineering Transactions, to name a few. His professional
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
coursework or through extracurricular activities(e.g., participation in a business plan competition, creating a written business plan, givingan elevator pitch to an audience, or completing an internship in a start-up company).Modules and Extracurricular Experiences. While the approach described here focusedon examining the more visible and formal entrepreneurship learning experiences such ascourses and programs, many students gain experiences in other ways. Some engineeringschools, rather than offer a stand alone course in entrepreneurship, integrate modules inone or more existing engineering courses. This approach allows entrepreneurship to beintroduced repeatedly and in the context of a specific engineering topic area. Otherapproaches at larger
requirements, not businessrequirements or specific functional requirements. Business requirements are necessary for thedevelopment team to truly understand why the project is occurring and what business value isput forth by completing the project. Business value should always be driving the softwaredevelopment, and it is important for all members of the team to understand the needs of thebusiness. Developers though, must implement individual functional requirements. Figure 4: A Disciplined Agile Delivery Lifecycle. [14]While this model is generally the perception for agile projects, even agile projects requireupfront planning. The average agile team spends at least one month in upfront project planningand requirements modeling [15
projects that would be strategic when making connections for the business. • Key activities refer to the strengths of the entrepreneur and those that add special value to the business. • Key resources include both tangible and intangible resources that the entrepreneur can count on when developing his/her project. • Value propositions present the benefit that the project will provide and the plan behind it that shows the creative aspect of the entrepreneur as this has to novel. • Channels describe the distribution medium of the product and the intermediate participants of this process. • Cost structure describes the costs associated with developing and
situations. October 9-10, 2008. ≠ Marketing in Technology-Driven Industries. Getting your product out to your customers and effectively communicating its benefits is only part of the challenge of marketing. Choosing the right group of customers to approach first, ensuring those customers will be delighted with your offering and formulating a plan of attack for follow-on waves of customer acceptance are key to the long-term success of your venture. You’ll leave this module with a step-by-step approach for each of those phases as well as a strong “elevator pitch.” You will also gain a deeper understanding of why branding matters in the high-tech arena. October 31, 2008. ≠ Innovative Product Design &
fromclassroom and extracurricular projects.This paper is organized as follows. Section 2 describes the content of the research instrumentused in a pilot study in three undergraduate classes at the University of North Dakota during the2005 fall semester. Tabulated results and observations/interpretations are presented in Section 3.Section 4 examines the possibility that service-oriented innovations generated by students at theuniversity may have greater commercialization potential on a shorter timeline than patentableinventions. A summary is provided in Section 5, along with future plans for developing andadministering this research instrument on a much larger scale.2. Student-Generated Intellectual Property Research InstrumentThe research instrument
Paper ID #19416Sharing Student Learning from Individual Internship ExperiencesDr. Eden Fisher, Carnegie Mellon University Eden Fisher is the Founding Director of the Masters Program in Engineering and Technology Innovation Management (E&TIM) at Carnegie Mellon University. She earned an AB in Chemistry from Princeton University and a Ph.D. in Engineering & Public Policy from Carnegie Mellon. She worked in industrial technology planning and innovation management for over 20 years. For 2016, she served as the William R. Kenan Jr. Visiting Professor for Distinguished Teaching in the Department of Civil and Environmental
entrepreneurship and innovation: Activities with a practical component in entrepreneurship and innovation. These activities often teach or support the development of either a distinct plan (e.g. business plan) or lead to the actual founding of any kind of organization (e.g. student group, start-up,…) in order to develop and/or promote a new idea. (3) Non-hands-on activities in entrepreneurship and innovation: Activities that do not include a practical component regarding entrepreneurship and innovation, such as lectures or presentations. (4) Activities outside of engineering & entrepreneurship : Activities that do not explicitly specify an activity in engineering or entrepreneurship such as only referring to engineering
, including K-12 educational curricula, K-12 STEM programs after-school programs, and comprehensive school reform initiatives. Across these evaluations, she has used a variety of evaluation methods, ranging from a multi-level evalua- tion plan designed to assess program impact to methods such as program monitoring designed to facilitate program improvement. She received her Ph.D. in Research, Measurement and Statistics from the Depart- ment of Education Policy at Georgia State University (GSU).Mr. Timothy Cone, Center for Education Integrating Science, Mathematics and Computing c American Society for Engineering Education, 2020 Delivering K-12 Invention & Entrepreneurship to Rural Areas
, & Golding, 2010) and take many forms including cross-campus programswhich leverage multidisciplinary collaboration, to efforts specifically targeting engineering andSTEM students and social or non-profit ventures.At the graduate level, entrepreneurship courses open to non business students typicallyemphasize technology transfer and pair scientific teams with MBA students to developcommercialization plans for specific technologies. A long-established example is Georgia Tech’sTechnological Innovation: Generating Economic Results (TI:GER) Program, which createsteams of two MBA students and two law students who focus on the commercialization of a PhDstudent’s research (Thursby, Fuller, & Thursby, 2009). Another example is Ohio
valuable part of the scientific community Entrepreneurship • Knowledge about • Self-Awareness (ability to management methods, how to reflect) write business plans and get • Accountability (take financing, instruments to responsibility) protect intellectual properties • Emotional coping (cope with • Knowledge about product problems) design and development, • Risk taking (tolerance for
used by multiple faculty in different courses. A morerobust comparison would require an interrater reliability study to fully ensure that the assessmentrubrics designed are being consistently used. In addition, variations due to class size were notinvestigated. Segmenting the data collected based on class size may reveal whether learningeffectiveness is compromised in large classes.At the University of New Haven where students are taking multiple modules, we plan to aggregateacross modules to assess an overall EM Learning Index, 𝑖𝑒 , based on all modules students take thatwould be a measure of average student learning of EM Learning Outcomes by completing multiplemodules. This overall index can be computed by Equation 4
techniquespracticed by modern enterprises. The traditional business plan approach bears similarities to therigid planning and design of the Waterfall model and it consequently suffers from analogousinflexibility. Research has found that adopting a formal business plan is not associated withincreased odds of success [2]. Instead, contemporary Lean Startup methods [3] emphasizecontinuous innovation through experimentation and adaptation to evolving knowledge of themarket.Accordingly, entrepreneurship curricula are evolving to provide experiential learning in adoptingLean methods. There is a movement to apply more hands-on learning in entrepreneurshipeducation [4], including a shift toward PBL pedagogy for business venture projects [5]. Whileentrepreneurship
interactive, innovative workshops aretaught by practicing professionals whose real world involvement, language and style give themimmediate credibility with students. These business and industry leaders help to expand thetheoretical world of the college experience. Some of the proposed workshops would cover: (a)Teambuilding and Teamwork, (b) Creating and Maintaining Professional Portfolios, (c)Developing a Resume, (d) Making Effective Presentations, (e) Knowing Yourself – True Colors,(f) Developing a Career Plan; (g) Corporate Culture and You, and (f) Graduate SchoolOpportunities. Class structure The class met once a week for three hours each time, and usually had most of the followingelements: o Group discussion of brain teasers (led by a
(DTU). Each summer, these* Refer to the webpage for more information on the Summer School: https://pire.soe.ucsc.edu/universities host an intensive, four week course housed in Electrical Engineering (UCSC, DTU),Biological and Agricultural Engineering (UC Davis), and Energy and Environmental Planning(AAU). The program is open to selected senior undergraduates, graduate students and morerecently professionals in any discipline from US and European Institutions; participants areadmitted based on their academic qualifications, creativity and commitment to renewable energyand sustainability assessed through the submission of an essay and interview. The bulk of theactivity takes place in the summer during a three week, in-person workshop preceded
recognizedthat parents influence their children’s plans for study and career (Frome & Eccles, 1998; Wei-Cheng, 2003), particularly for engineering (Dick & Rallis, 1991). Studies on the topic oftenfocus on Science, Technology, Engineering and Math (STEM) studies and careers, but just asFrome and Eccles (1998) include English in their study, we feel that the non-STEM fields wouldprovide benefit if they were also investigated. In fact, a strong link has been demonstratedbetween parents’ entrepreneurial activities and the likelihood of their children pursuingentrepreneurship (Carr & Sequeira, 2007; Solesvik, 2013; Van Auken, Stephens, Fry, & Silva,2006). Our central theme aligns well with the published research on the topic. Of particular