HKUST Entrepreneurship Education: Educating the ...
Transcript of HKUST Entrepreneurship Education: Educating the ...
HKUST Entrepreneurship Education:HKUST Entrepreneurship Education:HKUST Entrepreneurship Education:HKUST Entrepreneurship Education:Educating the NextEducating the NextEducating the NextEducating the Next----Generation EntrepreneursGeneration EntrepreneursGeneration EntrepreneursGeneration Entrepreneurs
HKUST entrepreneurship education and minor 1
Today’s AgendaToday’s AgendaToday’s AgendaToday’s Agenda• 6:30-6:55pm: HKUST entrepreneurship education and minor program
(including ENTR 4901-4904) by Prof Robert Ko
• 6:55-7:10pm: Course introduction (ENTR 2010 and ENTR 3030) by Prof Erwin Huang
• 7:10-7:25pm: Entrepreneurship activities by Entrepreneurship Center by Prof Gary Chan
• 7:25-7:35pm: Q&A
• 7:35-7:45pm: Light Refreshment
• Special acknowledgement to those behind-the-scene heroes on entrepreneurship education:
• Prof. Roger Cheng (Associate Provost on Teaching and Learning)
• Prof. Kar Yan Tam (SBM)
• Prof. Ravi Goonetilleke (SENG)
2HKUST entrepreneurship education and minor
HKUST Entrepreneurship MinorHKUST Entrepreneurship MinorHKUST Entrepreneurship MinorHKUST Entrepreneurship Minor
Robert KO
Professor, Division of Life Science
Program Director, Minor Program in Entrepreneurship
Sep 7, 2017
HKUST entrepreneurship education and minor 3
Defining EntrepreneurshipDefining EntrepreneurshipDefining EntrepreneurshipDefining Entrepreneurship
• Starting up new business or service which creates or enhances social, economic and cultural value
• Often due to innovations or discoveries on
• Technology and engineering
• Science
• Business model and operation process
• Social science and humanitarian needs
HKUST entrepreneurship education and minor 4
Defining EntrepreneurshipDefining EntrepreneurshipDefining EntrepreneurshipDefining Entrepreneurship
• Examples
• Founding commercial ventures
• Joining startups
• Social innovation and services
• Environmental and green entrepreneurship
• Innovation within large corporations (e.g., google and facebook)
• etc.
HKUST entrepreneurship education and minor 5
Source: Startmeup.hk (2015)
HKUST entrepreneurship education and minor 6
An Alternative Career ChoiceAn Alternative Career ChoiceAn Alternative Career ChoiceAn Alternative Career Choice
HKUST entrepreneurship education and minor 7
Entrepreneurship Minor: A Joint Minor by Entrepreneurship Minor: A Joint Minor by Entrepreneurship Minor: A Joint Minor by Entrepreneurship Minor: A Joint Minor by SENG, SBM and SSCISENG, SBM and SSCISENG, SBM and SSCISENG, SBM and SSCI
Entrepreneurship seminars and
readings
• Sampling, reflections and overviewing
Industrial landscape
• Interest group/clusters
• Faculty talks
• Market analysis
Student-led acceleration
projects
• Inter-disciplinary collaboration and teamwork
Specialized or advanced
entrepreneurship courses
• IT entrepreneurship
• Technology startup
• Social entrepreneurship
• Marketing, financing, etc.
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Revamped Curriculum: Revamped Curriculum: Revamped Curriculum: Revamped Curriculum: From Exposure to EngagementFrom Exposure to EngagementFrom Exposure to EngagementFrom Exposure to Engagement
• Entrepreneurship seminars and readings (ENTR2010) in Fall 2017!
• 1 credit, graded• Entrepreneurial talks or experience
sharing• Book readings
• Social Innovations and Entrepreneurship (ENTR3030) in Fall 2017!
• Special-topic course on entrepreneurship (ENTR4000) in Fall 2017!
• 1-5 credits, depending on workload• ENTR 4000A Global Product
Development
• Student-Led Entrepreneurship Acceleration Project (ENTR4901- 4904) in Fall 2017!
• 1-4 credits, offered every Term, graded• Entrepreneurial groups develop projects,
business plan, prototype, get feedback, present, promote/sale, etc.
• Driven by students, faculty as coach• May be repeated for credits (max. 6)
9HKUST entrepreneurship education and minor
ENTR 4100 is revise to ENTR 3030 with effect from Fall 2017-18. 10
Proposed Changes to the Curriculum Proposed Changes to the Curriculum Proposed Changes to the Curriculum Proposed Changes to the Curriculum (subject to approval)(subject to approval)(subject to approval)(subject to approval)
Continue from previous page
HKUST entrepreneurship education and minor 11
HKUST Entrepreneurship Center:Fostering a Risk‐Taking Value‐Creation Mindset
HKUST Dream Builder Program
Gary Chan
Director, Entrepreneurship Center
Professor, Department of Computer Science and Engineering
Chair, Committee on Entrepreneurship Education
HKUST
Defining Entrepreneurship
• Starting up new business or service which creates economic, social (societal), or cultural value
• Value generation, enhancement or capture• Competitiveness often due to innovations or discoveries on
• Technology and engineering• Science• Business model and operation process• Social science and humanitarian needs
• Examples• Founding commercial ventures• Joining startups• Innovation within large corporations (e.g., google and facebook)• Social, environmental or green entrepreneurship• etc.
HKUST Dream Builder Program
HKUST Dream Builder Program(科大夢工場)
1. Knowledge (Broaden and
deepen skillsets)
•Courses, projects and programs
• Seminars•Workshops
2. Ideation (Grow and build
ideas)
•Competitions•BASE, mixers, ideation camps and visits/engagements
• Startup internship
3. Execution (Create value and impacts)
•Acceleration funds and co‐working space
• Lighthouse advising and mentorship •Exposure program (Investor linkage, startup conference, exposure trip, etc.)
HKUST Dream Builder Program
HKUST Dream Builder Program
ENTR Courses/Minor
Seminars
BASE
Investor mixer
Workshops
Accelerationfunding
Mentorship
Competitions
Visits
Student‐driven Entrepreneurship
Failure
Lessons
Pivoting and
prototyping
• Understand, conceptualize, prototype, test and deploy
• Form team• Kindle the passions and work on the dreams
• Early exposure to entrepreneurial experience and hands‐on practice
• Identify problems and approaches early • Failure fast and learn fast
• Empower students to dream without rules and boundaries
• Think big, act small and move fast
HKUST Dream Builder Program
One Million Dollar Entrepreneurship Competition
HackUST and HardUST 2017• Since 2014
• Student-led, EC co-organized and sponsored
• hackUST 2017 : The biggest university hackathon in Asia (http://www.scmp.com/lifestyle/article/2090788/hong-kong-hackathon-hackust-24-hours-build-winning-game-or-app-solves)
• 34 tertiary institutions (HK and overseas)• 622 participants (Alumni & students)
• 485 HKUST members (78%)• 92 teams
• 69 HKUST teams (75%)• hardUST 2017: The first hardware hackathon held in HKUST
hackUST 2017 offered me a wonderful moment and I appreciate it a lot.
I hope hackUST can continue to thrive!
Idea is Cheap. Execution is Everything.
HKUST Dream Builder Program
Chris Sacca, Investor in Twitter & Uber
The BASEA Vibrant Co‐working Space to Promote Student‐driven Entrepreneurship A Mixer to Connect all HKUST Entrepreneurial Members
HKUST Dream Builder Program
Catalyzing Ideas to Impacts:Acceleration Funds• Yeung Wing Yee Entrepreneurs Fund
‐ Usually up to HK$50K to cover prototyping, service & product development, marketing and promotion, deployment trials, etc.
‐ Early‐stage startup company registered in HK owned by full‐time HKUST students with 51% share or above
‐ Entrepreneurship Acceleration Fund‐ Up to HK$20K per successful applicant‐ HKUST students (individual or team)
with entrepreneurial ideas and plansHKUST Dream Builder Program
HKUST Entrepreneur, Anyone?
HKUST Dream Builder Program
echnology and Innovation
• Engineering• Science
• Management• Process and production
• Supply chain• Sales & Marketing
assion• Inspiration/Aspiration• Motivation• Personality• Persistence/
Perseverance
roblem• Market Gap• Unsolved Problem• Unsatisfied Demand
Join us
Q&[email protected] (Gary Chan)http://www.ec.ust.hk
HKUST Dream Builder Program