Leadership position in technology entrepreneurship & commercialization
Fourth 2012 TIM Lecture
May 31, 2012
2
Agenda
• Introduction
• Remarks
• Overview
• Engage with initiatives
• Showcase
• Engage with ventures
• Closing remarks
Dean Jerry Tomberlin
President Roseann Runte
Tony Bailetti
Steven Muegge
Michael Weiss
Michael Weiss
Tony Bailetti
3
Objectives
• Thank individuals & organizations
• Validate 7 proof points to attain leadership
• Engage community talent with initiatives to attain 7 leadership proof points & help key organizations achieve their own proof points
• Showcase student talent: theses, projects & ventures
• Engage community talent with students’ ventures
4
Thank you!
President Roseann Runte
Vice-President Kim Matheson
Dean Jerry Tomberlin
Dean Rafik Goubran
Wesley Nicol
5
Many, diverse, cross-disciplinary
Born
Global
Carleton Entrepreneurs
TIM Lecture Series
Doctoral programBachelor of Commerce in Entrepreneurship
Minor in Entrepreneurship
The
Edge
Ideas Greenhouse@Carleton
TIM Entrepreneurs
Sprott Centre for Social Enterprises
RCTI
LTW Founders Club
6
Institute for TEC
Institute for Technology Entrepreneurship and Commercialization (TEC)
RCTI
TIM Lecture Series
Born Global
TIM Entrepreneurs
Carleton Entrepreneurs
M.A.Sc.
M.Eng.
LTW Founders Club
7
Seven proof points
1. TIM program: 100+ students enrolled 40+ theses & projects/yr
2. TIM Review: 10,000 readers/issue
3. Training: 80 founders/yr, 50 interns/yr
4. Sprott: 4 Ph.D. students/yr
5. Lead projects: 2 lead projects/yr
6. Born Global: 1 disruptive knowledge project/yr
7. Internships: 50 interns/yr
8
Reasons to engage
• Strengthen existing skills or develop new ones
• Achieve with others what you can’t do on your own
• Increase your brand & options
• Find new interests & hobbies
• Enjoy new experiences
• Provide examples of your commitment, dedication & interests
• Be part of large & diverse tech entrepreneurship & commercialization community
9
Proof point # 1: TIM students
• Recruit talent (science, technology, engineering, & mathematics), 2 yrs exp., good grades, 2 references
• Startups or established firms• Experiment with social media
to help recruit TIM talent & use lessons learned
• Interesting topics & talented people
• Establish TIM Alumni Association
• Promote TIM theses & projects
100+ students Michael Weiss
40+ theses & projects/yr Steven Muegge
1010
Proof point # 2: TIM Review
A monthly journal since 2007:• Focuses on the theories, strategies, and
tools that help small and large technologycompanies succeed
• Have published ~350 articles from >300 experts• Increasing focus on technology entrepreneurship and
international entrepreneurship• Bridges gap between theory and practice• Global reach, but firmly rooted in Canada’s Capital Region
10,000 readers/issue Chris McPhee
timreview.ca @TIMReview
1111
Proof point # 2: TIM Review
TIM Review enables us to:• Develop and share knowledge• Better understand technology entrepreneurship• Provide solutions to the problems faced by entrepreneurs• Share research results and identify gaps• Build relationships • Demonstrate thought leadership
Current priorities: readership and sustainable funding
10,000 readers/issue Chris McPhee
timreview.ca @TIMReview
1212
Proof point # 2 (continued)
How to contribute:• Read & comment on articles• Suggest themes for new issues• Write an article or become a guest editor• Tell a friend or colleague about TIM Review• Promote TIM Review with social media• Recommend authors, guest editors, & reviewers• Produce course packs using articles• Sponsor or advertise in TIM Review• Provide feedback
10,000 readers/issue Chris McPhee
timreview.ca @TIMReview
1313
Tom Duxbury TIM students
Carleton Entrepreneurs
Tony Bailetti & Julie Caldwell
Carleton students & recent grads
Tony Bailetti Canada’s Capital Region
Jonathan WellsStudents & recent grads Ottawa’s four post secondary institutions
Elizabeth LanceWomen owners of high-growth businesses
LTW Founders Club Elizabeth LanceFounders of Lead to Win companies
80 founders trained/yr, 50 interns/yr
Proof point # 3: Education
TIM Entrepreneurs
14
Proof point # 3 (continued)
80 founders trained/yr, 50 interns/yr
• Hire STEM interns
• Recruit talented entrepreneurs
• Mentor entrepreneurs
• Serve in Review Boards and/or deliver modules
• Become a stakeholder of Idea Opportunity Venture
• Migrate programs to other geographies
• Support desks (Sales, Investment, Go-to-market)
• Provide space (office, meeting rooms, work spaces)
• Fund operations & sponsor socials
• Suggest new services
1515
Idea Opportunity Venture
Early buyers
Investors, M&A
Post secondary institutions
Economic development
organizations
Partners
Service providers
Complementors
Entrepreneur in startup or established firm
Institute for TEC
Proof point # 3 (continued)
Stakeholders
80 founders trained/yr, 50 interns/yr
16
Proof point # 4: Ph.D. students
4 Ph.D. students/yr David HudsonMika Westerlund
• Recruit talented Ph.D. students in technology entrepreneurship
• Suggest relevant topics for thesis development• Engage with research projects
17
Proof point # 5: Lead projects
2 lead projects/yr Jonathan Wells
• Established companies that sell outside Canada
• Directed research & consulting
• High effort to complete
• Commercialization for new markets• Internal entrepreneurship• Strategic business development• Exploration/exploitation management
RCTI
18
Proof point # 6: Born global
Tony BailettiBorn Global
1 disruptive knowledge project/yr
• Implement a born global & a re-born global program for local companies Fall 2012
• Disrupt conventional staged approach to internationalization
• Leverage links to centres of expertise worldwide
• Contribute articles on born global to TIM Review
• Raise awareness about urgency to act on disruption
• Provide case studies on how firms are born & re-born global as well as support tools
19
Proof point # 7: Internships
• 50 interns per year –as many from Carleton as we can – by attracting more endowment funding
• Help interns & other students championing “Green-rated” opportunities raise investment funds required to launch their businesses
50 interns/yr Wes Nicol
20
Next steps
• Right proof points?
• Right opportunities to engage to deliver 7 proof points?
• How best to support IRAP, OCE, Invest Ottawa, & City of Ottawa achieve their proof points?
• Next steps?
21
Break
Technology Innovation Managementcarleton.ca/tim
twitter.com/#!/timprogram
2222
Showcase theses & ventures
David Hudson Entrepreneurial effort in the theory of the firm
Ph.D. proposal Ph.D. in Sprott
Chris McPhee Methodology to construct the TIM Review
Successful thesis M.A.Sc. TIM
Arthur Low Security processors licensed as silicon intellectual property
CrackSemi M.A.Sc. TIM
Mike Ayukawa Discover memories & meaning in your world
Cornerportal M.A.Sc. TIM
David Ker Lassoo the Web: capture, organize & present the Web
Realwat M.A.Sc. TIM
Ronald Amelunge BDT-VoiceMail to text ClearVoix M.A.Sc. TIM
Robert Poole Economic development in knowledge economy
Freebird Connect M.Eng. TIM
James Makienko Scalable video transcription HiveDirect M.Eng. TIM
Natasha D’Souza Virtual therapy for special needs children
VirtualEyeSee M.Eng. TIM
Elias Majic Mobile language learning Ottercall M.Eng. TIM
23
1 Ph.D., 5 M.A.Sc & 4 M.Eng.
David Hudson
Chris McPhee Robert Poole
Elias MajicDavid Ker
James Makienko
Mike Ayukawa
Arthur Low
Ronald Amelunge Natasha D’Souza
24
Engage with ventures
• Q&A for TIM entrepreneurs
• How to engage with TIM entrepreneurs
• Additional comments on proof points
• Next steps?
25
Closing comments
• Report on June issue of TIM Review timreview.ca
• If interested in TIM or to engage in proof point initiatives, contact:• Tony Bailetti [email protected]• Steven Muegge [email protected]• Michael Weiss [email protected]• Jonathan Wells [email protected]
Thank you!
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