Gvl Berkeley Eth Hacklin
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The document outlines entrepreneurship research and educational initiatives at ETH Zurich, emphasizing the integration of theory and practice in the field. It highlights activities like the 'Discovering Entrepreneurship' course and the 'Venture' business plan competition, which aims to foster innovative ideas and support new startups. The chair of entrepreneurship focuses on managing innovation and creating value through novel business practices and stakeholder engagement.
Gvl Berkeley Eth Hacklin
- 1. Entrepreneurship research and education: bridging theory and practice Fredrik Hacklin, Pius Baschera, ETH Zurich Berkeley CET, GVL inaugural meeting, November 2009
- 2. Contents Overview of research and teaching activities Case: Discovering entrepreneurship Case: Venture – companies for tomorrow 09-11-25 Chair of Entrepreneurship
- 3. Contents Overview of research and teaching activities Case: Discovering entrepreneurship Case: Venture – companies for tomorrow 09-11-25 Chair of Entrepreneurship
- 4. ETH Zurich is an internationally oriented science and technology university, based in Zurich, Switzerland Overview ETH Zurich Facts & Figures 1 ETH Zurich is a science and technology university, based in Zurich, Switzerland ETH Zurich is the study, research and work place of 20,000 people from 80 nations. Research and teaching mainly in the engineering sciences and architecture, system-oriented sciences, mathematics and natural sciences areas Nationally grounded, internationally oriented Summary Source: ETH website, www.ethz.ch 1 Figures based on 2008 2 Studied, taught or carried out their research at ETH Zurich 09-11-25 Chair of Entrepreneurship Students 15,093 foreigners 30% women 31% Graduations 3,171 Professorships 372 Staff (FTE) 9,049 (6,741) Expenditure (mn CHF) 1,264 Nobel prize winners 2 21
- 5. MTEC conducts research and teaching around systematic and creative thinking and acting Overview Department of Management, Technology and Economics (MTEC) Source: MTEC website, www.mtec.ethz.ch 1 Figures based on 2008 2 Totally enrolled (including new students) Facts & Figures 1 to understand, shape and relate the interactions between technology, organizations, and society and their impact on the sustainable use of natural and human resources Vision 09-11-25 Chair of Entrepreneurship Professors 17 Post-doctorates 36 Senior assistants / Researchers 34 Doctoral students 2 135 MSc students 2 294 Mobility students 2 96 MAS, MBA 2 260
- 6. Within the MTEC scope, the Chair of Entrepreneurship focuses of improving the practice of managing novelties Strategy Knowledge Innovation Culture Management of resources and capabilities Creation and sustainability of competitive advantage Knowledge-based view of the firm Creation and dissemination of knowledge Understanding and mastering the dynamics of innovation Creation of new, distinctive and unique value propositions Maintaining a societal context for fostering entrepreneurial behavior Enhancing the well-being of involved stakeholders Research Context and Positioning Chair of Entrepreneurship Improving the practice of managing novel ideas and new ventures Leading the entrepreneurial process of creating value to stakeholders of the organization 09-11-25 Chair of Entrepreneurship
- 7. Contents Overview of research and teaching activities Case: Discovering entrepreneurship Case: Venture – companies for tomorrow 09-11-25 Chair of Entrepreneurship
- 8. Business Game Weekly from 10 – 12 a.m. (6 sessions, alternates with Exercises). Interactive business simulation game, usually ten virtual companies competing against eachother. Exercise Weekly from 10 – 12 a.m. (5 sessions, alternates with Business Game). In collaboration with ABB Ltd. Covering 5 specific topics: Strategy, Innovation, Supply Chain, Finance, and Sustainability. Lecture Weekly from 8 – 10 a.m. Covering all relevant topics of business and entrepreneurial management. Structure of course “Discovering Entrepreneurship” With “Discovering Entrepreneurship“, we offer an entry-level course of entering the MTEC curriculum Discovering entrepreneurship MSc BSc Engineering curriculum ME EE CS … Management science curriculum Strategy … TIM Logistics Economics 09-11-25 Chair of Entrepreneurship
- 9. Marketing and Sales Corporate Culture Human Resource Management Operations and Supply Chain Vision Values Technology and Innovation Management HR Management Financial Management Information Management Risk Management Q uality Management Employee Satisfaction Customer Satisfaction Partner + Supplier Satisfaction Social + ecological Responsibility Business Result Corporate Strategy L 12: Corporate Renewal (Prof. Baschera) L 13: Business and Macroeconomics (Prof. Sturm - KOF) L 1: The Management Model (Prof. Baschera) L 2: Human Resource Management (Prof. Grote/Wehner) L 3: Company Strategy (Prof. von Krogh) L 8: Information Management (Prof. Sutanto) L 4: Marketing and Sales (Prof. Baschera) Course approach The course is aligned along the business model of a firm 09-11-25 Chair of Entrepreneurship L 9: Risk Management (Prof. Sornette) L 10: Quality Management (Prof. Fahrni) L 11: Corporate Sustainability (Prof. Hoffmann) L 5: Supply Chain und Operations (Prof. Schönsleben) L 6: Technology and Innovation Management (Prof. Boutellier) L 7: Financial Management (Dr. Frauenfelder)
- 10. Contents Overview of research and teaching activities Case: Discovering entrepreneurship Case: Venture – companies for tomorrow 09-11-25 Chair of Entrepreneurship
- 11. Venture – companies for tomorrow “ Venture” is one of the largest business plan competitions in Switzerland, and started 1998 7 th edition of one of the largest business plan competitions in Switzerland (Venture 2010) Joint initiative of ETH Zurich, McKinsey & Co, CTI Overview Mobilize teams with innovative business ideas Support participants to develop their own businesses Encourage new start-ups through an entrepreneurial network Drive economic growth by promoting entrepreneurship Aims Further information: www.venture.ch 09-11-25 Chair of Entrepreneurship
- 12. Timetable for Venture 2010 Venture can be joined either in Phase I or Phase II Further information: www.venture.ch 31.03.10 Submit business plan Nomina- tion of finalists 20.05.10 Final pre-sentation, 2 nd award ceremony 01./08.10.09 Kick-off events in Zurich & Lausanne 03.12.09 Submit business idea 14.01.10 1 st award ceremony Preparation Evaluation Final presentation Phase II: Business plan Phase I: Business idea Preparation Evaluation Founder knowledge seminars Jury feedback Jury feedback Business plan work- shops Coaching Investors’ Day 09-11-25 Chair of Entrepreneurship i – –
- 13. Top firms and institutions back Venture 2010 Further information: www.venture.ch Sponsors Universities, technical colleges Technoparks und incubators Venture capitalists and consultants Other institutions, e.g., Wirtschaftsfrauen Schweiz, INSEAD Alumni, SVIN Supporting institutions Media partner 09-11-25 Chair of Entrepreneurship
- 14. Results and outlook Venture presents a significant bottom line Further information: www.venture.ch Practice Database of submitted business plans over 10 years (1998-2008) Basis for longitudinal studies Research 09-11-25 Chair of Entrepreneurship Over 2,000 jobs created >2,400 team members, >500 coaches Approx. 1,200 business ideas >526 business plans Approx. 200 start-ups