Advisory Committee on Entrepreneurship & Innovation
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1 Advisory Committee on Entrepreneurship & Innovation Co-chairs: Frank Maurer, AVP Research Kim Neutens, Director, Hunter Centre for Entrepreneurship and Innovation Community Outreach
2 Mandate of ACEI Responsible for actively identifying opportunities for the University of Calgary to encourage and improve academic entrepreneurship, technology transfer and innovation. Emerged out of the Graduate Education Task Force Advisory to Ed McCauly, VP Research Comprised of faculty from across our campuses, industry representatives and professional staff Goals: Development of broader ACEI; reflecting campus diversity Broad stakeholder engagement [recommended] Strategic Plan for Entrepreneurship & Innovation Summer 2015
3 ACEI Aspirations Make the UofC the entrepreneurial university in Canada by 2020 Focus on entrepreneurial thinking Broad-based academic entrepreneurship opportunities Change culture to enable, support and reward faculty & students for problem-driven research, entrepreneurship and innovation activities Increase collaboration with outside partner organizations Increase positive impact on society/industry Alternative but not: mandatory approach to research, teaching and engagement Opt in Augments traditional approach instead of replacing it
4 Entrepreneurial U of C Entrepreneurial Thinking: Using innovative products, services, systems, processes, performances, relationships and compositions in order to realize economic, social and/or cultural value. Applications of Entrepreneurial Thinking: Traditional Nonprofit Nonprofit with Incomegenerating Activities Social Enterprise Socially Responsible Business Corporation Practicing Social Responsibility Traditional For-Profit Mission Motive Accountable to Stakeholders Income Reinvestment in Social Programs or Operations Profit Motive Accountable to Shareholders Profit Redistributed to Shareholders
5 The Entrepreneurial University Leadership & Governance Academic Programming Organizational Capacity External Engagement Knowledge Exchange
6 ACEI Task Force Areas of Focus Undergraduate Programs Leadership & Governance Recognition & Rewards Tech Transfer Consultancy Funding Spaces & Places Academic Programming Organizational Capacity Graduate Programs External Engagement Knowledge Exchange Performance Metrics Professional Development & Training Collaborative Research & Knowledge Exchange
7 Strategic Recommendation #1 Undergraduate Non-Commerce Commerce Pre-Orientation Shad Valley Type Program for U of C Year 1: Academic Entrepreneurship 101 Year 2: Academic Entrepreneurial Thinking 317 Year 3: Academic Minor in Entrepreneurship Major or Minor in Entrepreneurship Applied Experience Problem Driven Research Internship Year 4 New Venture Creation 501 Commercialization Projects 502 Capstone Projects 503 Departmentally-specific E& I Courses
8 Strategic Recommendation #2 Graduate Non-MBA MBA Applied Experience New Degree Options Academic Coursework Problem Driven Research Internships Entrepreneurial Thesis Option MBA/PhD Foundations of Entrepreneurship [ENTI 781 OR 601] Entrepreneurial Thinking New Venture Financing New Venture Marketing Commercialization of New Tech Academic Coursework New Venture Creation 501 Commercialization Projects 502 Capstone Projects 503 Department/Faculty-specific E&I courses
9 Strategic Recommendation #3 Professional Development & Training Focus on faculty and student opportunities Workshops, seminars and programs noncredit or certificate Functional focus IP Policy, financing, marketing etc. Experiential options Competitions, Startup Weekend, Innovator s Toolkit etc. Entrepreneurs on Campus Facultypreneurs Downtown entrepreneurs
10 Strategic Recommendation #4: Collaborative Research The important thing is not to stop questioning. Curiosity has its own reason for existing." Albert Einstein Network Development CURIOSITY DRIVEN RESEARCH PROBLEM DRIVEN RESEARCH Problem Driven Research (PDR) is extrinsically motivated and addresses issues from outside stakeholders using fundamental and applied research approaches. As a service to the community, Problem Driven Research is inherently collaborative and provides research solutions to businesses, government and non- government organizations.
11 Strategic Recommendation #5 Organizational Culture & Capacity Culture Change Recognition & rewards for faculty activity relating to entrepreneurship, commercialization and technology transfer Merit & promotion considerations o OPA Celebrations of success o IMPACT Awards
12 Strategic Recommendation #5 Organizational Culture & Capacity Technology Transfer Tech transfer activities are time consuming Incentives (as per merit considerations) and support Streamlining processes involved in tech transfer o IP Policy and licensing structure o Application to student startup activity Improved linkages with investment community to support access to funding within the process
13 Strategic Recommendation #5 Organizational Culture & Capacity Moving beyond IP More than licensing involves the transfer and/or exchange of expertise University of Calgary Consultancy Opt-in Provide easy access to campus expertise Part of work load Fair profit sharing between academic and university Not subsidized by public funds Service Startups Support academics and students in creating serviceoriented startups Work on these is treated as OPA
14 Strategic Recommendation #5 Organizational Culture & Capacity Spaces & Places Entrepreneurial Universities have collaborative spaces and resources to support venture development Hatchery or Incubator appropriate to University context Advisory Clinics to support campus and community startups Law/Business Technical areas
15 Strategic Recommendation #5 Organizational Capacity & Culture Funding Initiatives & Startup Activity Capital is required to achieve the overarching vision for the Entrepreneurial U Infrastructure Business Development roles Spaces & Places Marketing & Communication Seed Funding for startups
16 Strategic Recommendation #6 Performance Metrics Measuring our success Global Entrepreneurship Monitoring study Collaborative research revenue Engagement with industry # students pursuing academic coursework in E # startups emerging from the University # students involved in entrepreneurial clubs/activities Success stories???
17 Roundtable Format ACEI Facilitators at each table 6 areas of focus: Undergraduate Students Graduate Students Professional Development Collaborative Research Organizational Culture & Capacity Performance Metrics Reporting back to whole group (2-3 min per table)
18 UEntrepreneurial
19 Task Force Discussions Undergraduate Student Programs Professional Development & Training ACEI Task Forces Areas of Focus Organizational Culture & Capacity Graduate Student Programs Collaborative Research Performance Metrics
20 UG Student Journey New Venture Creation Capstone Project Commercialization Projects UCeed Fund Hult Prize VMS Alberta Mentorship Program Customizable Optional Minor in Entrepreneurship Entrepreneurs Forum: Speaker Series Innovator s Toolkit Clinic Accelerate Internship Program Startup Weekend: Campus Edition Summer Accelerator Program Customizable Optional Major /Minor in Entrepreneurship Entrepreneurship 101 Entrepreneurial Thinking 317 igems Competition U of C Shad Valley Pre-Orientation Program
21 Grad Student Journey New Venture Creation Course Commercialization Projects Course UCeed Fund VMS Alberta Mentorship Program Entrepreneurs Forum: Speaker Series Summer Accelerator Program Innovator s Toolkit Clinic Startup Weekend: Campus Edition MBA - Entrepreneurial Thinking Course PDR Opportunities Entrepreneurial Thesis option Non-MBA Entrepreneurship Fundamentals Course
22 Faculty Experience Merit & Promotion valuing E - activities Provincial & National Innovation Awards NSERC/MITACS IMPACT AWARD recipient UCeed Fund Easy Commercialization Routes Entrepreneurs Forum: Speaker Series Research Funding Innovator s Toolkit Clinic - Faculty Hunter Centre Ambassador VMS Alberta Mentorship Program External Relations Arm Connecting faculty w/industry Industry Partnership Problem Driven Research Project Entrepreneurs Clinic Commercialization Projects Course student engagement
23 Engagement Opportunities Outreach Events: Main Campus Outreach March TFDL Foothills Campus Outreach March External Outreach DTC April 4 11:30-1:30 /Webform from ACEI page Direct to Kim Neutens kneutens@haskayne.ucalgary.ca
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