June 15, 2019
June 15, 2019
October 19, 2019
Entrepreneurship & Engineering Innovation Division Technical Session 6
Entrepreneurship & Engineering Innovation
The employment needs of the STEM workforce have been steadily increasing over the past decade. Many opportunities exist for students that have been properly trained to contribute in the STEM areas. The Bureau of Labor Statistics states that 100% of STEM occupations will see an increase in jobs in the next decade. As a result, retention of students in engineering schools is important to future productivity (GDP) across all sectors. A model is proposed where Kolb Experiential Learning Cycle fundamentals in conjunction with development of student ‘lead user’ abilities would have a significant effect on academic metrics associated with student outcomes such as student retention as well as professional metrics in the areas of placement and career development. The proposed model would supply the impetus for a Value Mitosis Initiative (VMI) at any college/university where the learning model would lead to increased equity and GDP in the university/college community and adjacent communities. Proper development of the lead user experiential learning model would lead to improvement in academic and professional metrics associated with accreditation associated with student outcomes and institutional support as well as provide the foundation for financial self-sufficiency within the school as well as communities associated with the school.
This same lead user idea development process can be implemented within any community taking conceptual ideas developed by talented people from within that community whose abilities may be underestimated, undervalued, and marginalized and developing their ideas into products providing employment opportunities in addition to equity for that given community. The Corporation for Economic Development launched The Racial Wealth Divide Initiative in September 2013 in New Orleans and Miami and has expanded into Baltimore and Chicago in 2017. Their mission is focused on United States wealth inequality statistics.
In 2013, United States wealth inequality statistics were:
Metric Black Latino White Overall Average Household Wealth $85K $98K $656K $509K Median Household Wealth $1700 $2000 $117K $64K Table 1. US Wealth Inequality Statistics
The goal of the Racial Wealth Divide Initiative is to have a significant effect on these wealth inequality statistics in specific cities. Lead user experiential learning is one tool that could ultimately have a significant effect on this statistic.
Lead user experiential learning could serve as a valuable tool not only in academic settings but also within any community outside academia. These communities could be rural, socio-economically disadvantaged, or clinical groups (e.g. physicians, nurses, physical therapists, etc.) to name a few. The resulting value is both in tangible (new product development, equity, etc.) and intangible (creating opportunities for people to contribute, creating excitement through application of STEM fundamentals, etc.).
Whitt, M. D., & Denton, N. L., & Heylman, C., & Handy, R. G. (2019, June), Lead User Experiential Learning - 'Learn-by-Doing' Pathway to Financial Self-Sufficiency Paper presented at 2019 ASEE Annual Conference & Exposition , Tampa, Florida. 10.18260/1-2--33045
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