Th entrepreneurial spirit stirs in th souls of thos ho ar brav enou h to pursu their dreams

Transcription

1 Th entrepreneurial spirit stirs in th souls of thos ho ar brav enou h to pursu their dreams

2 Entrepreneurship at the Kelley School of Business -- Transforming Lives, Communities, and Society At the Kelley School, we believe that entrepreneurship has the power to transform individual lives, communities and society as a whole. We have a long and distinguished history in entrepreneurship education and research, and aspire to be the premiere school in the nation in this area. And we are well on our way. We have over 15 faculty actively engaged in research on various aspects of entrepreneurship. Our undergraduate and MBA majors in entrepreneurship are ranked # 6 and #11 in the nation, respectively, by U.S. News & World Report and we are located at one of the top five most entrepreneurial campuses in the nation according to Forbes Magazine. We are also among a select set of schools that offer a major in entrepreneurship at the Doctoral level. Table of Contents 1. Dean s Message 3. Executive Director s Message 5. Collegiate Environment 7. Rankings & Recognition 10. Entrepreneurship Faculty 13. Entrepreneurship & Innovation Center 15. Cross Campus Initiatives 17. JCEI Leadership Program rankings aside, the ultimate measure of any school is the quality of its graduates. Kelley graduates are a veritable who s who among nationally recognized entrepreneurs and include, among many others: Jean and Jane Ford (Founders of Benefit Cosmetics), Mark Cuban (Co-founder of AudioNet and current owner of the Dallas Mavericks), Steve Bellamy (Founder of the Tennis Channel), Alan Cohen (Founder of the Finish Line athletic shoe store chain), and Kathy Vrabeck (President of Activision Publishing). My pride in our historic impact on entrepreneurship theory and practice is only surpassed by my excitement about and commitment to our future contributions in this area. In the spirit of the entrepreneur in all of us: we are never satisfied and truly believe that the best is yet to be. Dr. Daniel C. Smith Dean of the Kelley School of Business The Clare W. Barker Chair and Professor of Marketing Indiana University Bloomington 1

3 Entrepreneurship at Indiana University..WORLD CLASS! Indiana University is proud of its premier Entrepreneurship Program within the nationally renowned Management Department at the Kelley School of Business. Having developed one of the world s largest entrepreneurship faculties with some of the world s most recognized entrepreneurship thought leaders from departments in Management, Finance, Marketing in the Kelley School of Business, as well as the School of Public & Environmental Affairs, Indiana University offers one of the most comprehensive entrepreneurship curriculums at the PhD. MBA, and undergraduate levels. Combining that greatness with a world class Johnson Center for Entrepreneurship & Innovation that has offices in the Kelley School of Business, the Indiana University Medical School, the Indiana University School of Law, the Indiana College of Arts & Sciences, as well as affiliations with the IU School of Music, the IU School of Public and Environmental Affairs, and the School of Informatics, our programs provide students with a wide range of classroom and experiential opportunities to discover and develop the entrepreneurial perspective throughout the entire campus. As early as the mid-1950 s, the Kelley School of Business was offering an undergraduate course focusing on the problems of small business. In the early 1960 s, an entrepreneurship course was added at the graduate level. Today the Kelley School of Business stands as a leader in Entrepreneurship with a unique entrepreneurship curriculum at the undergraduate, MBA, and PhD levels emanating from a world renowned Management Department, one of the world s largest and most respected entrepreneurship faculties, and the Johnson Center for Entrepreneurship & Innovation dedicated to establishing intensive entrepreneurial experiences for students, I am extremely proud that Indiana University s entrepreneurship faculty and programs are ranked among the best in the world impacting the lives of so many brilliant minds pursuing their passions and creating the world of tomorrow! Dr. Donald F. Kuratko The Jack M. Gill Chair of Entrepreneurship Professor of Entrepreneurship and Executive Director Johnson Center for Entrepreneurship & Innovation Kelley School of Business Indiana University Bloomington 3

4 A World Class Collegiate Environment The Johnson Center for Entrepreneurship & Innovation is fortunate to be a part of not only a premier business school, The Kelley School of Business, but also, a world-renowned university, Indiana University. Indiana University Kelley School of Business is No. 1 in the world for consumer goods and No. 6 in the world for technology and industrial products industries. Wall Street Journal The Kelley School of Business is ranked No. 1 for the quality of our faculty and No. 3 for the quality of facilities. Princeton Review 2006 The Kelley School of Business is one of five business schools in the world in which every major program is listed in Top 25 rankings. Our new $33 million William J. Godfrey Graduate and Executive Education Center has added every imaginable technological advantage to the Kelley School. Indiana University was No. 1 in Intel s 2004 survey, Most Unwired College Campuses for its outstanding wireless environment. Indiana University is listed as the fifth most beautiful college campus in The Campus as a Work of Art by art critic Thomas Gaines. Time magazine recently named Indiana University College of the Year. USA Today named Bloomington one of the country s top 10 college towns. Top 10 business schools in the world (public institutions) for research and productivity. The UTD Top 100 Business School Research by Rankings Newsweek ranked Indiana University the No. 1 major public university in the country. 5

5 World Class Rankings and Recognition The Entrepreneurship Program at Indiana University has achieved some of the most notable national rankings and recognitions in recent years demonstrating the thought leadership in entrepreneurship emanating from its faculty and programs. National Model Ph.D. Program in Entrepreneurship - U.S. Association for Small Business Top 2 Entrepreneurship Directors (as Ranked by Peers, for the 3rd consecutive year.) - Entrepreneur Magazine Top 4 Best Entrepreneurship Programs (as Ranked by Peers) - Entrepreneur Magazine Top 10 Most Entrepreneurial Campuses in U.S. - Forbes Magazine Top 11 Graduate Business Schools for Entrepreneurship - U.S. News & World Report Top 4 Graduate Business Schools for Entrepreneurship (Public Universities) - U.S. News & World Report Top 5 Business Schools for America s Most Entrepreneurial Colleges - The Princeton Review Top 6 Undergraduate Business Schools for Entrepreneurship - U.S. News & World Report Top 2 Undergraduate Business Schools for Entrepreneurship (Public Universities) - U.S. News & World Report 7

6 A World Class Entrepreneurship Curriculum Emanating from a world renowned Management Department at the Kelley School of Business, the entrepreneurship curriculum bridges classroom theory and the real business world. The Entrepreneurship Program emphasizes the development of an entrepreneurial perspective in each and every student by incorporating the fundamentals of business creation and innovation with the importance of interacting and networking with the entrepreneurial community. Lessons developed through the entrepreneurship program at the Kelley School of Business can be applied to entrepreneurial startups or corporate entrepreneurship (the innovative divisions of larger organizations). Ph.D. Program in Entrepreneurship Launched in 2000, the Kelley School of Business Ph.D. program is one of only six entrepreneurship programs in the country. This specialized doctorate focuses on knowledge creation in developing the entrepreneurship research professors of the future. In 2004, the Kelley School of Business at Indiana University was honored with the USASBE (the United States Association for Small Business and Entrepreneurship) National Model Ph.D. Entrepreneurship program. MBA Program in Entrepreneurship & Corporate Innovation The MBA curriculum focuses on new venture creation as well as innovative development inside existing corporations. Students may major or minor in Entrepreneurship & Corporate Innovation, taking courses in entrepreneurship leadership & practice, innovation, venture capital and entrepreneurial finance, new venture strategy, new venture business planning, growth management, new products management and strategic management of innovation and technology. Entrepreneurial Management Academy One of the things that make the Indiana University MBA experience unique is the ability for students to customize their degree plan. The Academies offer a unique feature where students focus on a particular industry and/or career option and experience intensive immersion into that particular area of interest. The Entrepreneurial Management Academy creates unique and intensive entrepreneurial experiences for those who want to create their own business or for those who want to secure an entrepreneurial management position in an emerging or innovative-minded organization. The Academy offers exposure to the emerging life sciences, high-tech and fast growth companies, as well as venture capitalists, angel investors and professionals involved in the entrepreneurial process. Undergraduate Program in Entrepreneurship The entrepreneurship major targets students with interests in new entrepreneurial ventures as well as understanding the roles of entrepreneurial management inside a larger organization. It involves the study of the special skills and knowledge needed by entrepreneurs and managers of small to medium-sized firms. In a collaborative effort with other schools on the IU campus, the Management Department in the Kelley School of Business also offers an entrepreneurship minor to non-business students. By weaving entrepreneurial themes through core business courses, IU students can combine their areas of expertise with sound business principles. 9

7 A World Class Entrepreneurship Faculty World Renowned Researchers - Scholars - Teachers The Kelley School of Business features one of the largest and most recognized entrepreneurship faculties in the world. It is ranked among the most prolific business schools for research productivity. Many of the faculty members are among the most recognized thought leaders in their respective areas of research. Dr. Jeffrey G. Covin The Samuel & Pauline Glaubinger Professor of Entrepreneurship Professor of Strategic Management Strategic Entrepreneurship and Corporate Ventures Dr. Donald F. Kuratko The Jack M. Gill Chair of Entrepreneurship Professor of Entrepreneurship Executive Director, Johnson Center for Entrepreneurship and Innovation Corporate Entrepreneurship and Entrepreneurship Dr. Dean A. Shepherd Dean s Research Fellow in Entrepreneurship Associate Professor of Management Venture Strategy and Entrepreneurial Decision Making Dr. Patricia P. McDougall The William L. Haeberle Professor of Entrepreneurship Professor of Strategic Management Strategic and International Entrepreneurship Dr. Marc J. Dollinger Glaubinger Professor of Business Administration Professor of Business Administration Entrepreneurial Strategies Dr. David B. Audretsch Professor, Ameritech Chair of Economic Development Director of Entrepreneurship, Growth and Public Policy Group at the Max Planck Institute in Germany Entrepreneurship and Economic Development Dr. Gregory F. Udell The Bank One Chair of Banking and Finance Professor of Finance Venture Capital and Entrepreneurial Finance Dr. Dan R. Dalton The Harold A. Poling Chair of Strategic Management Director, Institute for Corporate Governance Professor of Strategic Management Corporate Governance and IPOs Dr. Catherine M. Dalton The David H. Jacobs Chair of Strategic Management Research Director, Institute for Corporate Governance Corporate Governance and IPOs Dr. John W. Hill Associate Dean, Research and Operations The Arthur M. Weimer Faculty Chair Professor of Accounting Emerging Life Science Companies Dr. W. Harvey Hegarty Professor of Management Creativity and Innovation Dr. Paul N. Friga Clinical Associate Professor of Strategy & Management Entrepreneurial Consulting Dr. Thomas P. Hustad Professor of Marketing New Product Development Dr. Johannes G. Denekamp Faculty Lecturer of Management Business Plan Development Dr. Daniel W. DeHayes, Jr. Professor Emeritus of Management High Growth Companies Dr. William L. Haeberle Professor Emeritus of Management Turnaround Management 10 11

8 A World Class Center for Entrepreneurship & Innovation The Johnson Center for Entrepreneurship & Innovation (JCEI) provides intensive experiential learning opportunities for entrepreneurship majors and minors through a variety of business interfacing programs. Those seeking to understand and experience the entrepreneurial perspective thrive on these unique opportunities. The Entrepreneurial Innovations Laboratory: established to support the commercialization of life sciences and other high potential research technologies developed by Indiana University faculty. Entrepreneurship Law Clinic: a collaboration between the IU Law School and the Kelley School of Business, allowing business and law students an opportunity to work together on intellectual property protection issues with emerging companies. The Entrepreneur-in-Residence: a program designed to bring some of the nation s finest entrepreneurs to the IU campus. Past Entrepreneurs-in-Residence include Roger S. Newton, Ph.D., co-founder of Lipitor and founder of Esperion Corp. and Herb Kelleher, founder and executive chair of Southwest Airlines. The Velocity Conference: an annual event organized by Indiana University s Kelley School of Business underscoring the premier role of entrepreneurship, technology, and innovation in the contemporary business environment to accelerate entrepreneurial careers. Universities that have participated in the conference include Stanford University, University of California Berkeley, MIT, Boston University, University of Texas Austin, and Syracuse University. The Chambers Internship Program: an elite internship program supported by the generosity of John Chambers, CEO of Cisco, designed for entrepreneurship students to immerse themselves in summer experiences with fast growth, high technology firms. Intensive Immersion Experiences: These unique five week project experiences provide MBA student teams an immediate immersion into the specific challenges facing emerging life science or high technology companies. Acting as an Entrepreneurial Action Team, each challenge must be assessed, defined, and solved within the reduced time frame in order to provide real time solutions to the fast moving company. The National Consortium of Entrepreneurship Centers (NCEC): This network of over 100 university entrepreneurship centers is growing rapidly to become the premier focal point for all entrepreneurship centers. The consortium is under the direction of Dr. Donald F. Kuratko and the Johnson Center for Entrepreneurship & Innovation. The 21st Century Entrepreneurship Research Fellows: This honored group of global entrepreneurship scholars, developed through the National Consortium of Entrepreneurship Centers, is an initiative under the Kelley School of Business to facilitate the best in Entrepreneurship research. The Indiana Entrepreneurial Awards of Distinction: an outreach program of the Johnson Center for Entrepreneurship & Innovation identifies and honors the achievements of Indiana s outstanding entrepreneurial companies. IU Angels: a selected group of alumni angel investors that gather at the IU campus to provide insights on the investing process as well as linkages to emerging life sciences and high technology companies in need of early stage financing. 13

9 Cross Campus Initiatives The Johnson Center for Entrepreneurship & Innovation (JCEI) has created offices and affiliations across the Indiana University campus in order to immerse the entrepreneurial perspective throughout all of the renowned schools and colleges. In addition, the Johnson Center for Entrepreneurship & Innovation is recognized as the focal point for entrepreneurial development of technologies and potential ventures within any discipline at Indiana University. The Johnson Center for Entrepreneurship & Science Innovations Located in the new Science Complex, this satellite office of the JCEI is dedicated to the emerging science projects emanating from the laboratories of Indiana University s top scientists. MBA students in conjunction with science students embark on a research journey into the investigation of the commercial potential of technologies developed in the laboratories. The Johnson Center for Entrepreneurship & Medical Life Sciences Innovations Located in the Indiana University Emerging Technology Center (IUETC) in Indianapolis near the Indiana University Medical School Complex, this satellite office of the JCEI focuses on the medical life sciences developments being created by physicians and researchers at the IU Medical School. MBA students, in conjunction with medical science experts, work together to establish through market research and discovery the potential commercial viability of the newest medical technologies developed by the medical school faculty. The Entrepreneurship Law Clinic Located inside the Johnson Center for Entrepreneurship & Innovation at the Kelley School of Business, this specialized clinic provides unique legal challenges for JD/MBAs as well as JDs working along side MBAs in relation to emerging venture initiatives in the Indiana University Emerging Technology Center as well as from laboratories across the IU campus. Collaborations: Indiana University School of Music A Certificate in Entrepreneurship & the Arts has been developed by the renowned IU School of Music and Kelley School of Business. This mini MBA program offers students in the arts an opportunity to learn some of the principles involved with development of their talents into business opportunities. Indiana University School of Informatics The Johnson Center for Entrepreneurship & Innovation maintains a collaborative partnership with the IU School of Informatics and the Pervasive Technology Labs. The focus is on the commercialization of emerging technologies that emanate from the faculty and graduate students dealing with computing and information technologies. Indiana University School of Public and Environmental Affairs In order for students to prepare themselves for careers in nonprofits that rely significantly on commercial sources of income or businesses that operate in areas in which nonprofits have traditionally been dominant, a Certificate in Social Entrepreneurship was created for graduate and undergraduate students in the IU Kelley School of Business and the IU School of Public and Environmental Affairs. 15

10 Johnson Center for Entrepreneurship and Innovation Staff Dr. Donald F. Kuratko Executive Director M. Sue Artmeier Assistant Director Timothy J. Boeglin, JD Entrepreneurial Law Clinic Director Robert C. McDonald, MD, MBA Clinical Director of Life Sciences Initiatives Kelli S. Conder Corporate Relations Manager Amy T. Denekamp Office Assistant Samantha S. Uslan Administrative Assistant Gary J. Anderson, MD Entrepreneurial Consultant in Residence Photography: Tyagan Miller, Ric Cradick, Kendall Reeves, Kirkwood Photo, Ann Schertz, Kelli Conder. Graphic Design: Jenny El-Shamy. Richard L. Dick and Ruth Johnson, on behalf of their family, set up an entrepreneurship endowment to the Kelley School of Business Graduate & Executive Education Center in the late 1990s. In recognition of their financial gift, their lifelong commitment to the Kelley School of Business and their own entrepreneurial achievements, the university established the Johnson Center for Entrepreneurship & Innovation. Today, this center is the focal point for all entrepreneurial activity on the Indiana University-Bloomington campus. It has established itself as one of the nation s premier leaders in entrepreneurship research and education through groundbreaking entrepreneurship research in some of the nation s top academic journals, academic entrepreneurship books adopted in universities across the globe, entrepreneurship curriculum at the Ph.D., MBA, and undergraduate levels, cross campus collaborations in the life sciences, medicine, law, fine arts, and information technology, and unique programs designed for emerging entrepreneurial companies in the state of Indiana. The Johnson Center for Entrepreneurship & Innovation stands as an entrepreneurial legacy to the Johnson Family. Johnson Center for Entrepreneurship & Innovation Executive Council Gary J. Anderson, MD TL Ventures Don N. Aquilano Gazelle Tech Ventures George J. Berry, Jr. The NASDAQ Stock Market George E. Branam, MD Pathologists Associated Lyle A. Feigenbaum Scholars Inn John R. Gibbs Interactive Intelligence Dr. Jack M. Gill The Gill Foundation Richard L. Dick Johnson Johnson Ventures, Inc. Scott A. Jones Gracenote Mark S. Long IU Research & Technology Corp. Jane H. Martin Village Ventures Scott A. Molander Simple Furniture Michael J. Rosenman Paramount Biocapital L. Robert Stohler Bloomington Brands, LLC John E. Voris Epocrates, Inc. Larry S. Wechter Monument Advisors Thomas D. Weldon The Innovation Factory Jean L. Wojtowicz Cambridge Capital Management Corp. West Coast Advisory Board Greg M.Ayers, MD Cryocor, Inc. Gregory S. Oslan Narus, Inc. Jennifer Gill Roberts Nova Partners Timothy M. Spicer Ecompanies Venture Group John C. Shoemaker Sun Microsystems Sanjay Subhedar Storm Ventures Joe E. Walsmith Willitts Designs, Inc. 17

11 For more information about the Johnson Center for Entrepreneurship & Innovation or the programs, please contact us at: The Johnson Center for Entrepreneurship and Innovation Indiana University - Bloomington William J. Godfrey Graduate & Executive Education Center 1275 East Tenth Street, Suite 2050 Bloomington, Indiana