Purdue University University of Nizhny Novgorod EURECA Partnership
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Purdue UniversityUniversity of Nizhny Novgorod
EURECA Partnership
Nathalie Duval-CouetilDirector, Certificate in Entrepreneurship and InnovationAssoc. Professor, Technology Leadership & Innovation
Mike CassidyEntrepreneurship Lecturer
President, Fortress Strategy Group
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University Mission and History
• Discovery that expands the realm of knowledge.
• Learning through dissemination of knowledge.
• Engagement through exchange of knowledge
The mission of Purdue University is to serve the citizens of Indiana, the US, and the world through:
Founded in 1869
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Purdue University - Facts• Main campus, West
Lafayette, Indiana- 40,000 students- 31,000
undergraduate- 9,000 graduate- 2,680 faculty
• University System- 4400 Faculty, - 75,000 Students
• Research ― $600M
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10 Colleges Agriculture Education Engineering Health Sciences Liberal Arts Management Pharmacy
Science Technology Veterinary Medicine
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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
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• Bioscience• Nanotechnology• Oncological Sciences• Healthcare
Engineering• Environmental
Sciences• Learning• Entrepreneurship
Interdisciplinary Research Centers
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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
# Buildings 5 51
# Companies/Centers 8 Centers 160 Companies
Area 40 acres 725 acres
Research, Commercialization & Incubation
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New Presidential Initiative - 2013• Ideation• Market assessment• Grant writing• Prototyping• Legal assistance• Funding
PURDUE FOUNDRY“FRONT DOOR”
for commercialization of Purdue Innovation
New Purdue President , Mitch Daniels former Governor of Indiana
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Burton D. MorganCenter for
Entrepreneurship
Academic ProgramsCertificate in Entrepreneurship and InnovationTechnology Realization ProgramStudent Managed Venture FundPost-doctoral Entrepreneurship ProgramInterns for Indiana
CompetitionsBurton Morgan Business Plan CompetitionLife Sciences CompetitionElevator Pitch Competition
Faculty ResourcesEntrepreneurial Leadership AcademyWorkshops and seminars
Regional EcosystemPurdue Center for Regional DevelopmentSmall Business Development Center (SBDC)
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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 countryInspiration - Education - Application
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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
expertiseEntrepreneurshi
p Education
Turbo to educational
experience and career
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Interdisciplinary Entrepreneurship Education
Calendar Year
Certificate in Entrepreneurship and Innovation
2005 2006 2007 2008 2009 2010 2011 2012 201341
450915
1544
2172
2800
3410
4038
4656
3 59 173 329 546812
11181444
Enrollment Recipients
Approximately 1500 students in pipeline
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Real-world focus: CapstonesENTR Capstone: Co-led by practicing entrepreneur or venture capitalist
• 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: Consulting for Emerging Enterprises
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New Capstone Course: Consulting For Emerging
EnterprisesStudents learn about the profession of consulting while working on entrepreneurial projects for local businesses and entrepreneurs
Piloted in Spring 2013
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Global Entrepreneurship and InnovationBeijing and Hong Kong – May 2011-2013Beijing and Shanghai – May 2009-2010
Beijing – May 2008South Korea – May 2007
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Women and Leadership Course
Majors represented:• 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
Encouraging the involvement of women in
entrepreneurship
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Outcomes
ENTR courses improved my… 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
Source: Exit survey n=556 (through Spring 2012)
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%
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Entrepreneurship Competitions
Elevator Pitch BDMCE Business Plan
National – Think Chicago
International – Hong Kong Polytech
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Resources for grad students and facultyMaster’s levelENTR 50000 & 50100
Seminar in Technology Realization TopicsMaster’s, PhD, postdoc and facultyABE 69100
Life as a Faculty Entrepreneur: Discovery, DEntrepreneurial Leadership Academy
Resources and networking for faculty with entrepreneurial interests
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EURECA 1 Work Plan and Accomplishments• Year 1 - Understanding
– 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
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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
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What we’ve learned…• Interdisciplinary collaboration is valuable• Need to highlight successes• Requires institutional support• Flexibility – things change
Inspiration Education Application
Raises awareness“De-risks”
Saves time and resourcesBetter outcomes
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Thank You