Technological Entrepreneurshi p
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Technological Entrepreneurship
Welcome to
GEB 5516
-Technological Entrepreneurship -
Spring 2014
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Technological Entrepreneurship
Geoffrey Nicholson said,
“Research is the process of turning money
into knowledge;
and
Innovation is the process of turning
knowledge into money.”
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Technological Entrepreneurship
Let’s Get Started…
GEB 5516 -Technological Entrepreneurship -
Spring 2014
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Technological Entrepreneurship
200 Years, 200 Countries “Pretty Neat”
So Why Innovate…?
What Does It Take…?
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Technological Entrepreneurship
First, Let’s Discuss…
What It Takes
What do you think it takes…?
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Technological Entrepreneurship
What It Takes…
Recognizing Opportunity; and Creativity
Make Meaning and Money
Entrepreneurship
Leadership
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Technological Entrepreneurship
“I have sometimes almost wish it had been my destiny to be born two or
three centuries hence… For invention and improvement are prolific, and beget more of the kind.”
Ben Franklin (1706-1790)
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Technological Entrepreneurship
“ Today, Turbulent and Changing Times…”
Risk and Uncertainty… or
Opportunity
Jobs, Careers…Business, Industry…
Global, Mobile…Trends, Trade…
Customers, Brands…Promises, Value, Delivery…
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Technological Entrepreneurship
A Chance of a Lifetime…
“…Be Inspired -- Make The Future…”
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Technological Entrepreneurship Getting Started -- Tonight we will cover…
1. Introductions2. Innovation and Entrepreneurship3. The Class and Deliverables 4. Chapter 1 5. Next Steps
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Technological EntrepreneurshipTonight’s Learning Objectives Perform introductions and discuss expectations.
Discuss innovation and entrepreneurship.
Communicate semester outlook,
Communicate requirements and deliverables.
Define entrepreneurship.
Explain the role of entrepreneurship in economic growth.
Distinguish entrepreneurial ventures from small businesses in
terms of their purpose and goals.
Describe the evolution of entrepreneurship as a field of study
since the 1960s.
Identify today’s broad trends in the field of entrepreneurship.
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Technological Entrepreneurship Getting Started…
Introductions…
Hi, I’m Dr. Tom O’Neal…
And You Are…?
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Technological Entrepreneurship Getting Started…Tonight
Let’s Continue And Discuss….
Innovation and Entrepreneurship
The Class & Deliverables
Chapter 1
Next Steps
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Technological Entrepreneurship
“…Potential is Tremendous….”
- Opportunity, Growth and Wealth -
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Technological Entrepreneurship
Innovation…
Why Innovate?
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Technological Entrepreneurship
Why Innovate…- So What…Who Cares…Why You -
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Technological Entrepreneurship
Let’s Discuss…Why Innovate
Innovation• “Solve” a Problem• “Improve” the Quality of Life• “Preserve” Something Good
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Technological Entrepreneurship
Entrepreneurship
What Does an Entrepreneur Do…?
Who Might They Be…?
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Technological Entrepreneurship
The Entrepreneur ….
An Entrepreneur Organizes, Operates and Assumes Risk for a Business Venture
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Technological Entrepreneurship
Let’s Discuss…
The Characteristics of Entrepreneurs…
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Technological Entrepreneurship
Successful Entrepreneurs Are Principles Based…
Ethical Conduct Vision & Value Focus & Determination Abstract Thinking & Pragmatic Execution Commercialization Flexibility
George Washington“I hope I shall always possess firmness and virtue enough to
maintain what I consider the most enviable of all titles, the character of an Honest Man.” (1788)
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Technological Entrepreneurship
Entrepreneurs…
What About You…?
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Entrepreneurship
Entrepreneurs…
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What’s Hot…
Leadership and Knowledge
Vision and Execution
Economic Environments
Business Eco-Systems
Networks, Platforms, Systems and Connectivity
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What’s Hot…
Digital Infrastructure Strategies
Content, Clouds, Networks, Devices and Mobility
Satellites, Grids, Hubs and Bandwidth
Responsible and Responsive
Safety and Security
Renewable and Reusable
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Technological Entrepreneurship
Knowledge - UCF patents rank in Top Ten –Again UCF RANKS 8th in USA in PATENT POWER in 2010…!!!
- 2009 - - 2008 -
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Technological Entrepreneurship
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Technological Entrepreneurship
Rini Technologies, Oviedo, FL• Technologies are leveraged
for a variety of applications • High-power lasers, power
electronics, and personal cooling devices
• Contracts with Natick Soldier Research, Development & Engineering
• RINI Wins $1.7 Million from Navy
Innovative solutions to the
toughest thermal-management challenges
Personal Cooling Systems
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Technological Entrepreneurship
Research and
Commercialization at
UCF
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What does it look like…?
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What does it look like…?
Is there a process…?
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Technological EntrepreneurshipThe “Linear” Perspective
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Make Meaning and Make Money
Research is the process of turning money
into knowledge;
Innovation is the process of turning
knowledge into money…
What does it look like…?
“Digital
Opportunities…” Knowledge and
Networks
Mobile on Demand
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Technological Entrepreneurship
Your Commitment …
“ It May be your first experience with entrepreneurship…
…Make the most of this opportunity ”
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Technological Entrepreneurship
Be Prepared….
Challenges
Strategies
Execution
Performance
Launching New VenturesThe Textbook
Part One: Foundations and Opportunities
Part Two: Feasibility and Testing Business Concepts and Models
Part Three: Strategy and Planning
Part Four: Planning for Growth and Change
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Technological EntrepreneurshipWebcourses/Canvas
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