9:00 AM
to 10:30 AM
New Models of Monetizing IP in the University and Corporate Environments
7 Attendees
Location
Mason I
Type Intellectual Property, Panels
Panelists will discuss innovative approaches to monetizing intellectual property. Examples to be presented include the approach of Intellectual Ventures, which creates new inventions, invests in existing inventions, and partners with individuals, universities, and research labs to develop inventions; emerging models in the university landscape such as the iBridge Network, an online platform that aggregates university-based research, investigators and technology acquirers, resulting in 850 transactions over three years; the Pediatric Medical Device Idea Campaign, which seeks to engage a broad community in the innovation process; and the evolution of IBM's approach to IP, and its Smarter Planet initiative, which aims to make many aspects of our world 'smarter' by optimizing knowledge sharing and network utilization for a better way of living.
Tags Thurs 1E
11:00 AM
to 12:30 PM
Beyond the Business Plan: Building implementation into an entrepreneurship curriculum
3 Attendees
Location
Mason I
This session reports on an innovative entrepreneurship curriculum designed to facilitate the actual implementation of student business ventures as part of a core entrepreneurial curriculum across disciplines. The capstone experience in many university entrepreneurial programs revolves around the development and review of business plans in courses or competitions. This curriculum was created to emphasize implementation over planning. The courses are housed under the Center for Innovation at the Metropolitan State College of Denver. Beginning with a freshmen-level creative problem-solving course, students identify business ideas and build on them throughout the course sequence. Winners of a college business plan competition receive the right to launch their start-ups as part of the curriculum's capstone offering, a two-semester sequence entitled New Venture Creation I and II. Upon completion of this curriculum, all students can earn either a certificate or minor in entrepreneurship.
Tags Thurs 2E2
11:00 AM
to 12:30 PM
Building Startup Businesses through Commercializing Student Capstone Project Outcomes
7 Attendees
Location
Mason I
Michigan Technological University, in collaboration with MTEC SmartZone, has developed a program for targeted development of student-led startup companies based on outcomes of engineering capstone design projects. Under the SmartTrac program, student teams that include a cross-section of business, engineering, and communications skills form companies who conduct the necessary business and technical development activities to commercialize capstone project outcomes. In addition to basic underwriting funding for student stipends, the partners work together to find grant and investment capital from various sources. The SmartTrac model will be presented as well as experiences to-date in commercializing a hospital mattress that substantially improves the effectiveness of CPR. The technology was developed in a capstone project, has been patented by the university, and is licensed to a student-led company, CPRM Inc., which to-date has attracted nearly $200k in funding from various sources.
Tags Thurs 2E1
11:00 AM
to 12:30 PM
Determining the Right Framework to Improve New Technology Venture Processes
1 Attendees
Location
Mason I
Continuous process improvement (CPI) has improved product and business performance in many industries and business sectors. However, it has not been widely adopted in the new technology venture (NTV) sector. The resistance to CPI adoption has been attributed to the perception of insufficient payoff and protracted timelines. In addition, there has been a tendency toward heroic management of chaotic ad hoc processes in a rapid response environment with an overarching first-to-market imperative. Western Michigan University is developing a study to determine if CPI would improve product and business performance in this sector. This paper describes how and why new technology ventures may benefit from CPI initiatives that arose from the aerospace industry. If this study confirms the applicability and benefit in the NTV sector, findings could equip practitioners with a proven framework, CMMI®, to aid in systematically increasing the successful launch rates of new technology ventures.
Tags Thurs 2E3
2:30 PM
to 4:00 PM
Collaborative Innovation Program: A creative conspiracy for cross-college collaboration at the Rochester Institute of Technology
9 Attendees
Location
Mason I
The 2007 inaugural address of RIT's ninth president, William Destler, highlighted the breadth and diversity of curricular offerings at RIT from business, engineering, and computing to design, fine art, and craft. In his address, Dr. Destler included this challenge: "What if RIT students had the experience of working on complex societal problems with students from different majors on teams in...a cross-disciplinary effort to find real solutions?" The authors of this paper took that challenge to heart. In the 2008-09 academic year, we created a collaboration curriculum that was hosted by the RIT Honors program. The outcome of the program is an integrated "innovation suite" comprised of the following components: 1. innovation activities, 2. collaborative learning environments 3. collaborative technologies 4. learning outcomes and curricular models for innovation and 5. community-university partnerships. This integrated suite of innovation components will continue to grow in the new Center for Student Innovation at RIT.
Tags Thurs 3C2
2:30 PM
to 4:00 PM
Initiating and Sustaining Early Stage Programs in Technology Innovation and Commercialization
4 Attendees
Location
Mason I
Four Michigan public universities, collaborating with private sector for-profit companies and state government agencies supporting technology commercialization and innovation, have successfully implemented methods for building and sustaining entrepreneurship, technology development and commercialization at emerging research institutions: distributing the cost, promoting best practices and affecting the cultural changes within institutions necessary for sustaining these activities. This program, led by Michigan Technological University has produced a model, termed U-TEAMED (Multi-University Technological and Expertise Assets Management for Enterprise Development). The emergent model offers guidance for identifying and capturing the important features of sustainable, faculty-led early-stage technology innovation and entrepreneurship education programs at emerging research institutions. Lessons include methods for securing revenue, sustaining faculty enthusiasm, anticipating IP and commercialization barriers derived from faculty-student collaborations, and creating an academic environment supportive of embedding technology innovation and entrepreneurship in academic curricula.
Tags Thurs 3C1
2:30 PM
to 4:00 PM
Organic Development of a Student Run Accelerator at University of Michigan
5 Attendees
Location
Mason I
The nearly exponential growth of the entrepreneurial community at University of Michigan (U-M) is largely attributed to the students themselves. In January 2008, U-M launched the Center for Entrepreneurship to support these students. Through these and other similar efforts, students of like mind on a campus of nearly 40,000, can network, share ideas and pursue their passions. By January 2009, seven students actively involved in their own ventures joined together to find ways to share resources and ideas to accelerate the launch of their ventures.This resulted in the launch of a student run business accelerator, TechArb (techarb.org), in the Summer of 2009. The seven founders secured real estate in downtown Ann Arbor and invited 30 entrepreneurial-minded students, representing seven companies in the music, technology, and biotech industries. This paper discusses the genesis and results of the first U-M student accelerator.
Tags Thurs 3C3
9:00 AM
to 10:30 AM
Engineering-Liberal Arts Entrepreneurship Seminar
2 Attendees
Location
Mason I
Union College is a Liberal Arts school with a nationally recognized engineering program. Students at Union College are encouraged to reach beyond traditional disciplines in order to insure they have the breath of education necessary to succeed in the competitive global economy. The Engineering-Liberal Arts Entrepreneurship Seminar is part of an ongoing program at Union College to support innovation and entrepreneurship. The course, taught by an economics professor and a mechanical engineering professor, is supported by business school faculty, venture capitalists, legal experts, economic development experts, and entrepreneurs in the region that come to class to share their expertise and experience with the student teams. The teams are composed of an engineering senior and his or her senior project, along with two-to-three students majoring in the sciences, social sciences, and humanities. The course is about interdisciplinary communication, teamwork, social responsibility, entrepreneurship and commercialization.
Tags Sat 1B3
9:00 AM
to 10:30 AM
The Odd Couple of Engineering and Entrepreneurship: Playing at a university near you
4 Attendees
Location
Mason I
Nassif Rayess, Darrell Kleinke, Jonathan Weaver
Engineering is a meticulous and methodical neat freak; entrepreneurship is a disheveled compulsive gambler. Engineering lived happily in a crowded but fastidiously kept curriculum; that all changed when Entrepreneurship moved in and started unpacking. This is the story of how the two have gotten along and how they're able to share the same space. This paper gives a map of a prototypical mechanical engineering curriculum and overlays it with various entrepreneurial engineering educational elements. The paper includes a basic review of some of the various tools and techniques used to weave in entrepreneurial engineering elements, including one such technique developed at the University of Detroit Mercy: the technical entrepreneurship video-rich case study.
Tags Sat 1B2
9:00 AM
to 10:30 AM
The Skandalaris Approach to Developing Entrepreneurs
3 Attendees
Location
Mason I
This session will explain and explore the four-step Skandalaris Philosophy to Developing Entrepreneurs, which is being implemented across the seven Schools and Colleges at Washington University in St. Louis. This new approach to entrepreneurship pedagogy includes multi-level, multidisciplinary courses which, as a whole, increase students' self-efficacy and confidence in their skills to pursue entrepreneurship. There are forty-five courses at the university that fall into one of the four steps to the Approach:
Perspectives Courses
Skills Courses
Simulated Experience Courses
Action/Outcome Courses
Entrepreneurship is found at all levels and in all disciplines at the university. For this reason, the Center is independent of all Schools and Colleges and reports directly to the Chancellor to remain pure to its cross-campus mission and maintain transparency. There are no prerequisites to enrollment in the courses, which promotes peer learning and collaboration among all students, thereby increasing creativity and innovation.
Perspectives Courses
Skills Courses
Simulated Experience Courses
Action/Outcome Courses
Entrepreneurship is found at all levels and in all disciplines at the university. For this reason, the Center is independent of all Schools and Colleges and reports directly to the Chancellor to remain pure to its cross-campus mission and maintain transparency. There are no prerequisites to enrollment in the courses, which promotes peer learning and collaboration among all students, thereby increasing creativity and innovation.
Tags Sat 1B1
11:00 AM
to 12:30 PM
Campus Competitions to Encourage Entrepreneurship and Inventorship
3 Attendees
Location
Mason I
Effecting an undergraduate student culture that encourages entrepreneurship and inventorship is a worthy goal, with metrics of success ranging from the gratification of self employment to the economic impact of small business creation. We have started an undergraduate competition called The InVenture Prize to provide incentives, resources, and structure for student innovation in a fun, high-profile event. In our first year, over 200 undergraduates (1.5% of population) expressed intent to compete in the competition. At the climax (March 2009), eight finalists faced a judge panel on stage before an audience of 200. The event was recognized by a front-page article in The Atlanta Journal-Constitution, by the state legislature (Representative Bob Smith), and by Georgia Tech interim president Gary Shuster in his opening remarks at the competition. The winners received $15,000, patent applications ($40,000 value), and additional commercialization assistance. Next year's competition will be even larger and more successful.
Tags Sat 2E2
11:00 AM
to 12:30 PM
Quality and Consistency in Idea Pitch, Research Proposal and Business Plan Competition Judging
2 Attendees
Location
Mason I
The results of entrepreneurial idea pitch and research proposal competitions often determine the award of cash prizes (e.g. $100,000 at MIT) and scarce resources. The recipients of these awards are determined by judging processes. These judging processes are rarely audited or evaluated as to quality or consistency. In this session, the competition judging quality issue will be described, the results of calculating Awg for a variety of competitions will be shared, interventions identified as possible causes of higher levels of consistency will be identified, recommendations will be made as to how to produce a higher level of Awg (meaning higher quality competition judging processes), and participation in collaborative application of the recommendations will be solicited in order to continue the research.
Tags Sat 2E3
11:00 AM
to 12:30 PM
The Evolution of the Tulane Business Plan Competition: Social entrepreneurship in the new New Orleans
3 Attendees
Location
Mason I
In the aftermath of Hurricane Katrina, Tulane University business students, faculty, and administration have gone through an unprecedented seismic change in the way their economic, social, and civic environments have shifted. The rebuilding of New Orleans has coincided with an increased interest and focus on social entrepreneurship and conscious capitalism. This session will discuss the changes that have occurred through one program of Tulane University's A. B. Freeman School of Business, the Tulane Business Plan Competition (TBPC). Now in its tenth year, the TBPC has evolved from a standard business plan contest into a clearly missioned champion of social entrepreneurship. We will present and discuss the different factors that have led to this evolution.
Tags Sat 2E1
