- IDEAS - Prepared by Tina L. Seelig 2003 REE USA Entrepreneurship - - PDF document

2003 REE USA

Entrepreneurship Education

• IDEAS -

Prepared by Tina L. Seelig

Entrepreneurship Education Ideas

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A A A Ad d d do

• p

p p pt t t t a a a an n n n E E E En n n nt t t tr r r re e e ep p p pr r r re e e en n n ne e e eu u u ur r r r

Raise money by finding donors who will “adopt” a student, professor, graduate student,

• r a course.

Trading Places

Ask faculty members who teach the same course at different schools to trade places for two weeks to get a different perspective.

Creative Comedy

Ask students to come up with a short stand- up comedy routine, demonstrating that there is humor

• and opportunity-

in everything.

Cross-Campus Collaboration

Promote interaction between MBA students and engineering students with a speaker series and business plan competition.

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Imbedded Entrepreneurship

Include entrepreneurship education and culture in every course, so that there is no need for an entrepreneurship center.

Innovation to Exploitation

Pick 100 of the best post doctoral

• fellows. Train them

in entrepreneurship and stand back!

Just Do It

Get students involved in structured internships and projects with entrepreneurial companies.

Alumni Network

Set up a network for alumni so that they can share their successes and challenges, and stay connected to the school.

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S S S Sh h h ha a a ar r r ri i i in n n ng g g g T T T Ti i i im m m me e e e

Find ways for two

• r more

institutions to develop and teach courses together.

Virtual Collaboration

Create a web-based collaboration space for entrepreneurship educators with special interest clusters.

Entrepreneurship Tools

Create a course on entrepreneurship taught by faculty from different disciplines. Entrepreneurship Workshops

Offer entrepreneurship workshops to Ph.D. students and post- doctoral fellows, since they are likely to develop valuable IP.

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B B B Bo

• t

t t t C C C Ca a a am m m mp p p p

S S S Se e e et t t t u u u up p p p a a a a b b b bo

• t

t t t c c c ca a a am m m mp p p p

• n

n n n e e e en n n nt t t tr r r re e e ep p p pr r r re e e en n n ne e e eu u u ur r r rs s s sh h h hi i i ip p p p f f f fo

• r

r r r t t t th h h he e e e u u u un n n ni i i iv v v ve e e er r r rs s s si i i it t t ty y y y c c c co

• m

m m mm m m mu u u un n n ni i i it t t ty y y y w w w wh h h hi i i ic c c ch h h h i i i is s s s a a a av v v va a a ai i i il l l la a a ab b b bl l l le e e e t t t to

• a

a a al l l ll l l l w w w wh h h ho

• a

a a ar r r re e e e i i i in n n nt t t te e e er r r re e e es s s st t t te e e ed d d d. . . .

C C C Co

• n

n n ns s s su u u ul l l lt t t ti i i in n n ng g g g P P P Pr r r ro

• j

j j je e e ec c c ct t t ts s s s

Provide

• pportunities for

students to get involved with extra- curricular consulting projects for local companies.

Student Exchange

Set up an exchange program for students so that they can get exposure to regional differences in the entrepreneurial culture.

The More the Merrier

Develop a multi-university entrepreneurship center that serves the students and faculty of all the institutions, leveraging the strengths of each.

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T T T Ta a a ap p p p i i i in n n nt t t to

• t

t t th h h he e e e T T T Te e e ec c c ch h h h T T T Tr r r ra a a an n n ns s s sf f f fe e e er r r r O O O Of f f ff f f fi i i ic c c ce e e e

Use the university technology transfer office as a source for case studies and class projects.

N N N Ni i i ig g g gh h h ht t t ts s s s a a a at t t t t t t th h h he e e e R R R Ro

• u

u u un n n nd d d dt t t ta a a ab b b bl l l le e e e

Set up roundtable discussions between students and successful entrepreneurs.

Entrepreneurship Seminars for Faculty

Teach faculty throughout the university about entrepreneurship to better prepare them to evaluate the market potential of their research.

Campus Wide Entrepreneurship Center

Create a center for the entire university with resources for students, faculty, and staff

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Simulation Games

Use new venture simulation games in the classroom.

S S S So

• c

c c ci i i ia a a al l l l E E E En n n nt t t tr r r re e e ep p p pr r r re e e en n n ne e e eu u u ur r r rs s s sh h h hi i i ip p p p

Encourage engineers and scientists to get involved in social entrepreneurship

• r non-profits.

Scientists Get Down to Business

Set up entrepreneurship programs in traditional science departments so that students get exposure to entrepreneurship early in their education.

T T T Th h h he e e e A A A Ar r r rt t t t

• f

f f f E E E En n n nt t t tr r r re e e ep p p pr r r re e e en n n ne e e eu u u ur r r rs s s sh h h hi i i ip p p p

Develop entrepreneurship

centers in the art and music departments so that these students learn the art of entrepreneurship.

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Invention Challenge

Run a campus-wide competition for the best inventions, designed to stimulate opportunity evaluation and innovation.

Capstone Course

Create a capstone course that integrates product design and business plans for commercializing the product/business.

Inter-Session Entrepreneurship

Build an inter-session course that introduces students to entrepreneurship.

H H H Hi i i ir r r re e e e a a a a D D D Di i i ir r r re e e ec c c ct t t to

• r

r r r

Hire a full-time director to manage the operations of the entrepreneurship center.

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Adjunct Professor Power

Take full advantage of consulting professors who bring real-world experiences to the classroom.

Full Immersion

Create a full- immersion entrepreneurship program for engineering and science students.

C C C Ca a a am m m mp p p pu u u us s s s B B B Bu u u us s s si i i in n n ne e e es s s ss s s se e e es s s s

Provide

• pportunities for

students to start and run on-campus

• rganizations and

businesses.

Thanks to Our Sponsor

Find companies who are willing to sponsor specific events on an on-going basis.

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Creativity Rules

Offer courses that stimulate creativity and innovation.

Field Trips

Take students on field trips to different business settings: R&D labs, manufacturing facilities, and corporate offices.

Visiting Scholars

Invite top professors to your campus to jump- start the interest in high- technology entrepreneurship research and education.

Live it, Breathe It

Set up a dorm for students interested in entrepreneurship so that they can be totally immersed in the culture.

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Cross-University Collaboration

Build a course with teams of students from different universities to foster cross-cultural collaboration.

Opportunity Assessment

Set up a program in which students evaluate the business and technical feasibility of research from corporate labs.

M M M Mi i i in n n ni i i i V V V Ve e e en n n nt t t tu u u ur r r re e e e F F F Fu u u un n n nd d d d

Set up a small competitive seed fund for students who are trying to launch a new venture.

Sister Centers

Pick another school to be your sister center in another part of the country, or the world. Share ideas, exchange students and faculty.

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O O O On n n n-

• C

C C Ca a a al l l ll l l l E E E En n n nt t t tr r r re e e ep p p pr r r re e e en n n ne e e eu u u ur r r rs s s s

Have a team of entrepreneurs who are available to drop into a technical team to provide guidance for new ventures.

Student-run Hatchery

Let the students run an incubator that provides resources for student and faculty entrepreneurs.

Watch One, Do One, Teach One

Create a work study program in which students learn about entrepreneurship, work at a start-up, and then present a case to the entire class.

T T T Te e e ea a a ac c c ch h h h a a a an n n nd d d d T T T Te e e ec c c ch h h h T T T Tr r r ra a a an n n ns s s sf f f fe e e er r r r

Combine the educational entrepreneurship center with the technology transfer office.

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A Year Abroad

Students spend a year doing an internship and taking courses at a partner university in a different country.

F F F Fo

• d

d d d f f f fo

• r

r r r T T T Th h h ho

• u

u u ug g g gh h h ht t t t Set up a dinner series in which students get to break bread with local entrepreneurs. Center of the World

Make your center visible across campus to students, faculty and administrators. Recognition will bring support in many forms.

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Failure Analysis

Design a course which focuses on business failures with the goal of exploring why each failed and how it was resolved.

Mentor Me, Please

Set up a formal mentorship program in which students are paired with experienced entrepreneurs and venture capitalists.

Follow the Leader

Identify a natural charismatic leader on campus who can inspire support for a new entrepreneurship center.

T T T Te e e ea a a ac c c ch h h h t t t th h h he e e e T T T Te e e ea a a ac c c ch h h he e e er r r rs s s s Educate the professors about entrepreneurship so that they can share their insights with their students in different disciplines.