Asee peer logo

The Engineer As Entrepreneur: Education For The 21st Century At Rose Hulman Institute Of Technology

Download Paper |


2001 Annual Conference


Albuquerque, New Mexico

Publication Date

June 24, 2001

Start Date

June 24, 2001

End Date

June 27, 2001



Page Count


Page Numbers

6.997.1 - 6.997.8

Permanent URL

Download Count


Request a correction

Paper Authors

author page

Thomas Mason

author page

Arthur Western

Download Paper |

NOTE: The first page of text has been automatically extracted and included below in lieu of an abstract

Session 2354

The Engineer as Entrepreneur: Education for the 21st Century at Rose-Hulman Institute of Technology

Thomas W. Mason, Arthur B. Western Rose-Hulman Institute of Technology


Over the past five years, Rose-Hulman has invested over $40M dollars creating an environment to encourage entrepreneurship in its graduates. Components of the educational, organizational, and physical infrastructure are described. These components include a course in entrepreneurship, internships with entrepreneurial companies, the Technology and Entrepreneurship Development (TED) program, Rose-Hulman Ventures (RHV), and the John T. Myers Center for Technological Research with Industry. Case studies of recent successes are presented.

I. Introduction – Educating the 21st Century Engineer

For almost two decades, Rose-Hulman has been searching for ways to prepare its graduates for the rapidly changing competitive environment facing those who contribute to advancing technology. The scale of this effort has been steadily increasing so that during the past five years over $40 million has been invested in buildings, equipment, and people to implement this effort.

The fundamental problem addressed by all of the activities described below is the fact that engineers and scientists need more and broader knowledge to innovate successfully in the 21st Century. There is abundant evidence that producing the technically best product is no guarantee of commercial success, and the timing, cost, manufacturability, distribution and other factors related to an innovation may be more important than its functionality. This means that lots of disciplines must be brought to bear on design and implementation. Yet, engineering students must already absorb large volumes of technical information in crowded curricula, and the real need is for effective cross- functional integration. Therefore, there is a need to give engineers awareness of these other aspects of the product and increase their ability to effectively communicate with the other professionals with whom they must work. Moreover, this must be done within a realistic context of speed and complexity.

Proceedings of the 2001 American Society for Engineering Education Annual Conference & Exposition Copyright  2001, American Society for Engineering Education

Mason, T., & Western, A. (2001, June), The Engineer As Entrepreneur: Education For The 21st Century At Rose Hulman Institute Of Technology Paper presented at 2001 Annual Conference, Albuquerque, New Mexico.

ASEE holds the copyright on this document. It may be read by the public free of charge. Authors may archive their work on personal websites or in institutional repositories with the following citation: © 2001 American Society for Engineering Education. Other scholars may excerpt or quote from these materials with the same citation. When excerpting or quoting from Conference Proceedings, authors should, in addition to noting the ASEE copyright, list all the original authors and their institutions and name the host city of the conference. - Last updated April 1, 2015