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Entrepreneurs in Action: A Team Development Process

Innovation and Entrepreneurship

R. Wilburn Clouse, PHD Vanderbilt University wil.clouse@vanderbilt.edu 615 322 8059

Abstract

This research paper reports on learning models studied to infuse the spirit of entrepreneurship into a multi-disciplinary learning environment involving Engineering and Human and Organizational Development students. The paper describes the process used in three different models to encourage creativity, innovation and entrepreneurial thinking among diverse students. Course syllabi are available upon request.

Introduction

Almost every day when one reads the daily newspaper or views the evening news on television, one learns about corporate fraud, corporate mismanagement, spinning the mission and vision of the corporation, and as George Bush said, "cooking the books." Corporate layoffs and bankruptcy are widespread. Where is the security that we once enjoyed in corporate America? Where can a young, creative student take his or her ideas and dreams? This research is about developing a model whereby a student may take his or her idea from the classroom or laboratory to the marketplace. The research is designed to develop entrepreneurship teams of young, ambitious, innovative students and to help them mold their creative ideas into a business venture. This research is part of an ongoing research project between the Entrepreneurship Education Forum at Vanderbilt University and the School of Engineering Tennessee Technological University (TTU) to investigate ways of developing teams to think creatively and entrepreneurially. This is part of TTU's NSF grant on Innovation and Entrepreneurship. This presentation will report on the activities related to developing cross-discipline entrepreneurship teams and the process related to taking ideas for the mind to the market place. Project objective are as follows:

Project Objectives 1) The introduction of the idea of an Entrepreneurship Team 2) The development of an Entrepreneurship Team 3) The development of a series of activities for the Entrepreneurship Team 4) The development of a process to carry ideas from the team to a real world environment 5) The development of new business ventures from the creativity of the Entrepreneurship Team

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Clouse, W. (2003, June), Entrepreneurs In Action: A Team Development Process Paper presented at 2003 Annual Conference, Nashville, Tennessee. 10.18260/1-2--12453