Transcript Purdue University University of Nizhny Novgorod EURECA

Purdue University
University of Nizhny Novgorod
EURECA Partnership
Nathalie Duval-Couetil
Mike Cassidy
Director, Certificate in Entrepreneurship and Innovation
Assoc. Professor, Technology Leadership & Innovation
Entrepreneurship Lecturer
President, Fortress Strategy Group
University Mission and History
The mission of Purdue University is to serve the
citizens of Indiana, the US, and the world through:
• Discovery that expands the realm of
knowledge.
• Learning through dissemination of
knowledge.
• Engagement through exchange of
knowledge
Founded in 1869
Purdue University - Facts
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Main campus, West
Lafayette, Indiana
- 40,000 students
- 31,000
undergraduate
- 9,000 graduate
- 2,680 faculty
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University System
- 4400 Faculty,
- 75,000 Students
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Research ― $600M
10 Colleges
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Agriculture
Education
Engineering
Health Sciences
Liberal Arts
Management
Pharmacy
 Science
 Technology
 Veterinary Medicine
Why Purdue?
• Top ranked programs in engineering,
science and business
• Interdisciplinary research park
focused on collaboration and
commercialization
• Largest multidisciplinary
entrepreneurship education program
in the country
• “Land grant” university focused on
being an engine of economic
development for the region
Interdisciplinary Research Centers
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Bioscience
Nanotechnology
Oncological Sciences
Healthcare
Engineering
• Environmental
Sciences
• Learning
• Entrepreneurship
Research, Commercialization & Incubation
Purpose
Interdisciplinary research and
entrepreneurship education
Technology park and incubation
for start-up companies
Founded
2001
1961
Location
On-Campus
Off-campus
US 52 Highway
# People
1000 faculty members
3100 employees
5
51
8 Centers
160 Companies
40 acres
725 acres
# Buildings
# Companies/
Centers
Area
New Presidential Initiative - 2013
PURDUE FOUNDRY
“FRONT DOOR”
for commercialization of
Purdue Innovation
New Purdue President , Mitch Daniels
former Governor of Indiana
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Ideation
Market assessment
Grant writing
Prototyping
Legal assistance
Funding
Burton D. Morgan
Center for
Entrepreneurship
Academic Programs
Certificate in Entrepreneurship and Innovation
Technology Realization Program
Student Managed Venture Fund
Post-doctoral Entrepreneurship Program
Interns for Indiana
Competitions
Burton Morgan Business Plan Competition
Life Sciences Competition
Elevator Pitch Competition
Faculty Resources
Entrepreneurial Leadership Academy
Workshops and seminars
Regional Ecosystem
Purdue Center for Regional Development
Small Business Development Center (SBDC)
Certificate in Entrepreneurship and Innovation
• Undergraduates in all majors
• 5 courses – similar to a minor
• Over 500 students in 2
introductory courses
• Taught by experienced
entrepreneurs
• Largest campus-wide program
at Purdue
• Largest multidisciplinary
program in the country
Inspiration - Education - Application
Overarching Objectives
• Provide students with the knowledge and tools
required to assess new venture opportunities
• Develop leadership and communication skills
necessary to advocate for these enterprises
• Make entrepreneurship an “accessible” career
choice for students - now or in the future
Discipline-specific
expertise
Entrepreneurship
Education
Turbo to
educational
experience and
career
Interdisciplinary Entrepreneurship Education
Certificate in Entrepreneurship and Innovation
4656
Approximately 1500 students in pipeline
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3410
2800
2172
1544
1444
1118
915
450
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2005
3
2006
59
2007
329
173
2008
546
2009
Enrollment
2010
Recipients
Calendar Year
812
2011
2012
2013
Real-world focus: Capstones
ENTR Capstone: Co-led by practicing
entrepreneur or venture capitalist
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New Capstone: Consulting for
Emerging Enterprises
Scott Jones, Boston Technology, Gracenote, ChaCha
Don Aquilano, Blue Chip Venture Company
Eric Davis, Kylin Therapeutics, In-vivo Ventures
Chad Barden, Quadraspec, In-vivo Ventures
Dennis Barket, Griffin Analytical/Icx
Chris Beltran and Paroon Chadha, Passageways
David Castor, Alerding Castor Hewitt
Andy Clark, VP Right on Interactive
New Capstone Course:
Consulting For Emerging Enterprises
Piloted in Spring
2013
Students learn about the
profession of consulting while
working on entrepreneurial
projects for local businesses and
entrepreneurs
Global Entrepreneurship and Innovation
Beijing and Hong Kong – May 2011-2013
Beijing and Shanghai – May 2009-2010
Beijing – May 2008
South Korea – May 2007
Women and Leadership Course
Majors represented:
Encouraging the
involvement of women in
entrepreneurship
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Management
Communications
Nuclear Engineering
Photo & Related Media
Selling & Sales
Public Relations & Rhetorical Advocacy
Computer Science
Agricultural Economics
Elementary Education
Chemical Engineering
Political Science
Retail Management
Industrial Engineering
Behavioral Neuroscience Psychology
Launched by the Certificate Program and adopted
by the Dept. of Communication
Outcomes
ENTR courses improved my…
Agree or Strongly Agree
Analytical Skills
81%
Communication Skills
87%
Presentation Skills
88%
Ability to evaluate ideas
94%
Confidence that I can be
an entrepreneur
90%
Source: Exit survey n=556 (through Spring 2012)
Among graduates…
• 23% report they are involved
in a venture of some kind
• 81% are likely to be involved
in a startup in the future
• 96% believe the skills and
knowledge gained will be
useful in their future careers
Entrepreneurship Competitions
Elevator Pitch
National – Think
Chicago
BDMCE Business
Plan
International –
Hong Kong Polytech
Resources for grad students and faculty
Master’s level
ENTR 50000 & 50100
Seminar in Technology
Realization Topics
Master’s, PhD, postdoc and faculty
ABE 69100
Life as a Faculty
Entrepreneur: Discovery, D
Entrepreneurial Leadership Academy
Resources and networking
for faculty with
entrepreneurial interests
EURECA 1 Work Plan and Accomplishments
• Year 1 - Understanding
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Vision of objectives and goals
Interdisciplinary possibilities and benefits
Resources required
Infrastructure required
Regional resources
Educational challenges
Student experiences
• Year 2 – Execution
– Faculty and student involvement and training
– Development of course syllabi
– Launch of a student entrepreneurship
competition - InnoBusiness
– Dissemination of knowledge and experience
• Visits by UNN faculty and
students to Purdue for training
and awareness
• Visits by Purdue faculty to UNN for
needs assessment and
information dissemination
Purdue’s EURECA Outcomes
• Contributes to Purdue University’s strategic
goal “Meeting Global Challenges”
• New models for entrepreneurial training
– Retain spirit but adapt to cultural and
environmental factors
• New opportunities for collaboration with
Russian partners
– Entrepreneurship and research
What we’ve learned…
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Interdisciplinary collaboration is valuable
Need to highlight successes
Requires institutional support
Flexibility – things change
Inspiration
Education
Raises awareness
“De-risks”
Saves time and resources
Better outcomes
Application
Thank You