Burton Lee - ME421 - Course Introduction Win 2011- Stanford - Jan 3 2011

European Entrepreneurship & Innovation (ME 421)

Dr. Burton H. Lee PhD MBACourse Director, Lecturer

Department of Mechanical Engineering

[email protected]

http://me421.stanford.edu

January 3 2011

Course IntroductionWinter Quarter 2011 (Year Three)

mailto:[email protected]

http://me421.stanford.edu/

Today’s SessionJan 3 2011

• European Incubators in Silicon Valley– Aldo Cocchiglia, CEO, M31 USA, Santa Clara (Italy/Silicon Valley)

• Panel Moderator

– Bjoern Herrmann, Partner & Founder, blackbox, Atherton (pan-European)

– Nicolai Wadstrom, CEO & Founder, Bootstrap Labs, SFO (Sweden)

– Peter Laanen, Chief Representative, “Holland in the Valley” Incubator, SFO (Netherlands)

– Clement Alteresco, Manager, pariSoma Innovation Loft, SFO (France)

– Gioia Deucher, swissnex San Francisco, SFO (Switzerland)

2Copyright 2011 Stanford University1/8/2011

Map of Speaker & InstitutionalNationalities

European Entrepreneurship & Innovation Thought Leaders

Stanford Engineering ME421

Winter 2011

Class Schedule• Jan 3: European Incubators in Silicon Valley

• Jan 10: French Venture Capital and Entrepreneurship

• Jan 17: NO CLASS - Holiday

• Jan 24: European SuperAngels in Silicon Valley (Turkey, France)

• Jan 31: Entrepreneurs at the Edges of Europe (Greece, Norway)

• Feb 7: Startups in Spain and the Mediterranean (Basque Region, other)

• Feb 14: University Commercialization and Spinouts in Europe (Italy, Czech Rep)

• Feb 21: NO CLASS - Holiday

• Feb 28: Venture Capital & Startups in Eastern Europe (Estonia, Romania)

• Mar 7: Corporate Innovation and Research in Europe (TBD)

Session topics and speakers subject to change


Course Scope“Comparative Entrepreneurship & Innovation Systems”

5Copyright 2011 Stanford University

Angel Investors

VC Funds

Entrepreneurs

& Startups

R&D Labs

Universities

Corporations

Incubators/

Accelerators

Silicon Valley

Innovation Ecosystem

European

Innovation Ecosystem

+ Government:

Pan-EU

National

Regions

Municipal

Foundations

Institutions

& Markets

1/8/2011

European Innovation EcosystemTalent Creation

Entrepreneurship EducationImmigration Policies


Primary Focus of

ME421 Program

Simplified Schematic

New CompanyFormation

Angel Investors

Venture Capital

ExitM&A or IPO

Recycling of

Entrepreneurial

Talent & Angel/VC

Investment Capital

Legal &

Political Context

Processes

Idea GenerationResearch & Development

Universities, Corporations, Natl labs

Technology Transfer/Commercialization

University / Lab TTOs

Product InnovationDesign, Development &

Management

1/8/2011

Why European Entrepreneurship + Innovation @ Stanford ??

• Why Europe and Silicon Valley?• A strong community of important entrepreneurs, investors, technology executives and researchers

in Silicon Valley• Contributions are often neglected in Valley discussions about Asia and US

• An emerging innovation region and community • Growing role in bringing new energy, environmental, water, information, medical devices and life sciences

technologies to the global market

• Substantial challenges in Europe to rapidly moving technical innovations developed in universities, national laboratories and corporations into the marketplace

• Europe is increasingly looking to domestic entrepreneurship — and Silicon Valley — to accelerate economic growth and build a new generation of innovative technology corporations

• European regions are taking the lead here in many cases – not well understood in the US

• Why Stanford?• Complements and expands current School of Engineering teaching programs on Silicon Valley and

Asian high tech entrepreneurship• Large community of European, Asian, overseas and US engineering & medical students, professors,

postdocs and staff with sustained interest in Europe• Overseas Studies Program (OSP) centers in 6 European countries

• Berlin, Florence, Madrid, Moscow, Oxford, Paris – 250+ undergraduate students/year study in Europe !!

• “Comparative entrepreneurship and innovation systems” provides interesting new approach• Extends dialogue about “pure” entrepreneurship into broader perspective around “innovation ecosystems”

• Strong interest at Stanford Engineering in expanding research collaborations, funding sources and profile outside the US


Course Overview and Goals

• Offered Winter 2011 ; Winter ‘10; Winter/Spring ‘09

• Companion to current Stanford SoE courses:– Entrepreneurial Thought Leaders (ETL/STVP)– Asian High Tech Entrepreneurship (US-Asia Center)

• Connect Overseas Studies students in Europe to Silicon Valley upon return

• Western, Central and Eastern Europe– Ireland to Russia– Scandinavia to the Mediterranean


Course RequirementsRegistered Stanford Students Only

• Weekly attendance:– Students must attend or watch 7 of 8 lectures– Complete attendance sheets passed around in class– Missed lectures can be made up with outside reading – must be

discussed and agreed upon in advance w Instructor– No SCPD video streaming/recording or video archives this year

• End-of-Quarter Essay– Write 2-3 page essay on what you learned, major

differences/similarities between entrepreneurship in Europe and Silicon Valley

– Details to be announced later this quarter

• Feedback on Speakers and Course Content


Industry Partners


M31 Italia/USA

Padova, Italy & Silicon Valley

South East Europe

Private Equity Association

Bucharest, Romania

GOLD Partner

SILVER Partner

1/8/2011

European Government Partners2011

• Silver Partners


Lyon Region, France

1/8/2011

Other Partners and Organizations

• Supporting Organizations


Year Two Highlights

Europe in the Global Entrepreneurship Scene

Spanish Kings, Monks, Nuns & Explorers as Early Entrepreneurs

Madrid Region

Intelligent Buildings StartupYoga Systems, Estonia

13Copyright Burton H. Lee and Stanford

University 2010

New Venture Funds in EuropeGermany, Ireland and Spain

Nov 4 2010

Year Two Highlights

Enterprise Software w University IPYseop - Lyon Region

Clean Tech – Wave PowerWavebob, Ireland


University 2010

Spinning Out Successful Startups from Non-profit Research Institutes

VTT FinlandSemiconductor Startup/Incubator

INCIDE - Basque Region

Nov 4 2010

Building Innovation Bridges between Silicon Valley & EuropeEC/GABA/Stanford ME

Thu May 13 2010


University 2010Nov 4 2010

Visit of Irish University PresidentsStanford Engineering Design Group

March 15 2010

ME310/ME317 Discussions w Profs. Larry Leifer, Kurt Beiter, Ken Waldron

d.School Visit w Prof. Bernie Roth



Trinity College, University College Dublin, University College Cork, NUI

Galway, University of Limerick

Irish Innovation TaskforceAppointed Member by Prime Minister Brian Cowen

July 2009 – March 2010

Clean Tech – Wave PowerWavebob, Ireland



Special Event/Lunch @ StanfordFor Stanford PhD Students and Post-docs + Faculty

Tues Feb 23 2010

• Research Trends in the EU: Opportunities for EU - US Collaboration – 12 noon – 2pm, Stanford Faculty Club, Gold Lounge

• Speakers

– Mr. Laurent Bochereau, Head of Science, Technology and Education, Delegation of the European Union, Washington D.C.

– Mr. Jack Metthey, Ad Interim Director of the European Research Council (ERC)

• Buffet Lunch will be served

RSVP Required!! [email protected] Space-Available Basis only !!

• Organizers:

• The Delegation of the European Union, EURAXESS Links USA & Stanford Engin.








Year One Highlights

Sten TamkiviHead, Skype Estonia

Corporate Venturing in European MultinationalsRoche, SAP, Siemens, DSM, Virgin Fund

Prof. Alberto Sangiovanni VincentelliUC Berkeley EECS

Co-Founder, Cadence

Uli FrickeTriangle Ventures, Germany

Board Member, EVCA

Dr. Sven SchadeEuropean Commission

DG Enterprise & Industry19Copyright 2011 Stanford University1/8/2011

Online Communities

• Join us @ LinkedIn, Facebook & Twitter !!

– LinkedIn members: 3150+

– Facebook members: 2050+

– Twitter: europreneurs

– Intended to facilitate professional, student and faculty networking outside of class

– Open to the Public in Europe and US at no charge

– Students should join at least one of these


Teaching Team

• Dr. Burton H Lee PhD MBA– Mechanical Engineering

• Prof. Larry Leifer, – Mechanical Engineering

– Director, Center for Design Research (CDR)

• Prof. Elisabeth Pate-Cornell, – Chair, Management Science & Engineering Dept.

• Website: me421.stanford.edu


Next Week’s SessionJan 10 2011

• French Venture Capital & Entrepreneurship

– Jean-Louis Gassee; General Partner, Allegis Capital

– Loic Lemeur, CEO, Seesmic; Founder, LeWeb

• Region Introduction

– Lyon Region - France:

• Stephane Barbier, Aderly/OnlyLyon Agency


Entrepreneurial Thought Leaders (ETL)Wed January 12

• Wendy Kopp - CEO & Founder, Teach for America

– Wednesdays, 4:30 – 5:30 pm, NVIDIA Auditorium, Jen-Hsun Huang Engineering Building

– Website: etl.stanford.edu


Today’s SessionJan 3 2011

• European Incubators in Silicon Valley– Aldo Cocchiglia, CEO, M31 USA, Santa Clara (Italy/Silicon Valley)

• Panel Moderator

– Bjoern Herrmann, Partner & Founder, blackbox, Atherton (pan-European)

– Nicolai Wadstrom, CEO & Founder, Bootstrap Labs, SFO (Sweden)

– Peter Laanen, Chief Representative, “Holland in the Valley” Incubator, SFO (Netherlands)

– Clement Alteresco, Manager, pariSoma Innovation Loft, SFO (France)

– Gioia Deucher, swissnex San Francisco, SFO (Switzerland)24Copyright 2011 Stanford University1/8/2011

European Incubators in Silicon ValleyJan 3 2011

• Other European Incubators in Silicon Valley/NorCal:

– Irish Innovation Center, San Jose (www.irishic.com) [ Invited ]

– Silicon Valley Pad, Menlo Park (Denmark) (www.siliconvalleypad.com)

– US Market Access Center, San Jose (www.usmarketaccess.com)

– StepOne, San Francisco (Spain) (www.stepone.com)

– Opinno, Pier 38, San Francisco (Spain) (www.opinno.com)

– Plug and Play Tech Center, Sunnyvale, CA (plugandplaytechcenter.com)

– Austria, Belgium, Estonia, Barcelona, Finland, Czech Republic and several other

European countries, regions and cities


http://www.irishic.com/

Today’s DiscussionJan 3 2011

• European Incubators in Silicon Valley

• Key themes:

– Goals and Objectives

– Business Models – Private vs Government?

– Sourcing Dealflow from Europe

– Accomplishments to Date

– Benefits to the European innovation system


Burton Lee - ME421 - Course Introduction Win 2011- Stanford - Jan 3 2011

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Transcript of Burton Lee - ME421 - Course Introduction Win 2011- Stanford - Jan 3 2011