Gvl Berkeley Eth Hacklin

Entrepreneurship research and education: bridging theory and practice

Fredrik Hacklin, Pius Baschera, ETH ZurichBerkeley CET, GVL inaugural meeting, November 2009

Contents

Overview of research and teaching activities

Case: Discovering entrepreneurship

Case: Venture – companies for tomorrow

23-04-07 2Chair of Entrepreneurship

Contents





ETH Zurich is an internationally oriented science and technology university, based in Zurich, Switzerland

Overview ETH Zurich

Facts & Figures1

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 1Figures based on 20082Studied, taught or carried out their research at ETH Zurich

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 winners2 21


http://www.ethz.ch/

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 1Figures based on 20082Totally enrolled (including new students)

Facts & Figures1

Professors 17

Post-doctorates 36

Senior assistants / Researchers 34

Doctoral students2 135

MSc students2 294

Mobility students2 96

MAS, MBA2 260

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


http://www.ethz.ch/

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

Within the MTEC scope, the Chair of Entrepreneurship focuses of improving the practice of managing novelties

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


Contents





Business GameWeekly from 10 – 12 a.m.(6 sessions, alternates with Exercises).Interactive business simulation game, usuallyten virtual companies competing against eachother.

ExerciseWeekly 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.

LectureWeekly from 8 – 10 a.m.Covering all relevant topics of business andentrepreneurial 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


L 9: Risk Management (Prof. Sornette)L 10: Quality Management (Prof. Fahrni)

L 11: Corporate Sustainability (Prof. Hoffmann)

Marketing and Sales

Cor

pora

te C

ultu

re

Hum

an R

esou

rceM

anag

emen

t Operations and Supply Chain

Vision

Values

Technology and InnovationManagement

HR Management

Financial Management

Information Management

RiskManagement

Quality Management

Employee

Satisfaction

Customer

Satisfaction

Partner +

Supplier

Satisfaction

Social+

ecological

Responsibility

Bus

ines

s Res

ult

Cor

pora

te S

trat

egy

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 5: SupplyChain und Operations (Prof. Schönsleben)

L 6: Technology and Innovation Management (Prof. Boutellier)

L 7: Financial Management (Dr. Frauenfelder)

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


Contents





Venture – companies for tomorrow

“Venture” is one of the largest business plan competitions in Switzerland, and started 1998

7th 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


http://www.venture.ch/

Timetable for Venture 2010

Venture can be joined either in Phase I or Phase II


31.03.10Submit business plan

Nomina-tion offinalists

20.05.10Final pre-sentation, 2nd award ceremony

01./08.10.09 Kick-off events in Zurich & Lausanne

03.12.09Submit business idea

14.01.101st award ceremony

Preparation Evaluation Final presentation

Phase II: Business planPhase I: Business idea

Preparation Evaluation

Founder knowledge seminars

Jury feedback

Jury feedback

Business plan work-shops

Coaching

Investors’ Dayi – –



Top firms and institutions back Venture 2010


Sponsors

Universities, technical colleges

Technoparks und incubators

Venture capitalists and consultants

Other institutions, e.g., Wirtschaftsfrauen Schweiz, INSEAD Alumni, SVIN

Supporting institutions Media partner



Results and outlook

Venture presents a significant bottom line


Over 2,000 jobs created

>2,400 team members, >500 coaches

Approx. 1,200 business ideas

>526 business plans

Approx. 200start-ups

Practice

Database of submitted business plans over 10 years (1998-2008)

Basis for longitudinal studies

Research



Gvl Berkeley Eth Hacklin

Education

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