Entrepreneurship Education at Universities

Transcription

1 Entrepreneurship Education at Universities iti Jiro Kokuryo Professor and Dean, Faculty of Policy Management Director of Incubation Center Keio University Foundations for Innovation Since the Meiji Restoration (1867) and particularly after the second world war, Japan has been relying on the corporate research labs as sources of innovation The trend now is now to socialize or open innovation Universities are now asked to play major roles in developing new businesses 1

2 Changing Role of Universities Have to go downstream closer to the real life application of scientific knowledge Have to manage between clashing principles of open basic research and proprietary applied research Have to provide education for industrialization of scientific knowledge in the new context. Framework for Understanding the Problem Early Basic Later Basic Applied Product Dev. Small fund Large fund Large fund Large fund Open research Intellectual Property IP Speed University Chasm Firms 2

3 Keio University Established in 1858 by Yukichi Fukuzawa as the first modern university in Asia to drive Japan s modernization Have been the central institution in introducing modern institutional systems for business, including patent system, and joint stock company system. Graduates played major roles in establishing new companies such as Mitsubishi companies or modernizing Mitsui. Trying to evolve to meet contemporary needs Meeting Today s Needs: Two Models for University-Industry Technology Transfer Division of labor model data fund Academic Research knowledge Human resource Integrated model Research industry academia learning practice Industry 3

4 Creating Institutions for Academia-Industry Partnership Transfer made possible by IP Cultural conflict exist between university culture that emphasize openness and IP Conflict of interest is another issue Need ecosystem of various institutions to make things happen Entrepreneurship and Business Offering entrepreneurship course on SOI wide Basics of business planning. University Industry knowledge transfer, incl. intellectual property. Entrepreneurs from around the region. Business plan contest incorporated in the course with a mechanism to attract fund for good plans. This years course will begin on Sept. 29!! details to be announced at 4

5 Incorporating Schema for Realizing Businesses through the Course SOI Asia proposed funding scheme Venture Capitals Invest Incentives SOI Asia B.P. LLP (*) Incentives Business Support Protecting Venture & University Interests SOI Asia educational activities and joint research fund SOI Asia Incentives License Compensation, such Venture as cash, stock options, Support, such as licensing, etc strategic advices, education, etc. (*) SOI Asia Business Platform LLP Apply!! Reference : Generic Model Technology ventures are often not sophisticated t enough to interface with venture capitals directly. Support, such as granting license Venture Capital Researcher Incentive Fee Invest University Research Platform University Compensation, such as cash, stock options, etc Venture University gets no financial return for the incubation 5

6 Learning from Organizing the Course Vigorous efforts by many universities in Asia Efforts to develop entrepreneurship model that meets the local situation Need to create larger market for entrepreneurs. Defragmentation of Asian markets for entrepreneurs Harmonization required in such things as intellectual property rights management Questions for the Participants What are the issues for university based innovation in your country? Do we have similar issues? Opportunities of, and obstacles to creating a regional market for our entrepreneurs? What do we need to overcome the challenges? 6