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High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director of Computer Engineering Program Electrical & Computer Engineering University of Maryland at College Park

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Page 1: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

High-Tech Designas Modern Engineering Entrepreneurship

Prof. Bruce JacobKeystone Professor & Director of Computer Engineering ProgramElectrical & Computer EngineeringUniversity of Maryland at College Park

Page 2: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

all individuals in society become wealthier

economic growth

innovation

???

good design

The Point

Page 3: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

It’s All About Innovation …

“Innovation and trade: the ultimate engines of growth.”—Economist, Oct 3, 2009

“We have to choose to do what past generations have done: shape a brighter future through hard work and innovation.”—Barack Obama, Sep 22, 2009(ASEE’s “Obama Touts Innovation Agenda At New York Community College”)

“In the new knowledge economy, innovation and knowledge are the most important factors driving economic growth.”—Progressive Policy Institute: The Innovation Economy, Oct 2003

“Innovation is the heart of economic recovery & future prosperity.”—Roll Call, Nov 20, 2008

Page 4: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

… But, Boy, Is Innovation Hard

• “In an era when most technology outfits have tightened their belts to adapt to a slower-growing market, one company stands out for forging ahead on innovation: Apple Computer.” (BusinessWeek)

• “Big companies are losing their ‘A’ players, and they’re struggling to attract ‘B’ players. In an industry where everything is about people, large tech companies are in trouble because they are losing the talent war. And keep in mind, an ‘A’ player in an organization can usually produce the same results as three ‘B’ players.” (VentureBeat)

• “Lots of companies have tons of great engineers and smart people. But ultimately, there needs to be some gravitational force that pulls it all together. Otherwise, you can get great pieces of technology all floating around the universe. But it doesn’t add up to much.” (Steve Jobs, on innovation)

Page 5: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Today’s Talk

1. Despite what we may think, we don’t really teach it here

2. How can you instill it in your business partners/employees?

3. Why #2 matters

Page 6: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Talk 1: Thoughts on Teaching Design

Page 7: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What is Design? What is Innovation?

• Can’t define it, but you know it when you see it … ☺

• Close interaction with burnout phenomenon in start-ups

• An inability to eat, think, sleep, care for one’s self while technical problem remains

• Requires staring at one problem for extended period (much like Ph.D. in that regard)

Page 8: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Let’s Look More Closely at that Last Bit

• Innovation and design requires staring at one problem for extended period

• Contrast that with academia (undergrad in particular):

• Attention flits from topic to topic in a scheduled, often frenetic pace

• Semester concept is both arbitrary and contrived/artificial (innovation recognizes no schedule)

Is it any wonder that SO MANY successful entrepreneurs/innovators dropped out of school?

Larry Ellison Bill Gates

Richard Branson Steve JobsMichael Dell

Stephen Spielberg

Page 9: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Teach Innovation Despite Scheduled Frenzy?

Necessary Elements:

• Look at one problem for extended period (years?)

• Personal investment in outcome (reward, pride, etc.)

• Time commitment need not be large on per-week basis

• Need to see real examples of both success and failure

• Must be guided by innovators (not academicians, not MBAs)

• Failure is acceptable (grades)

Olin College, est. 1997

Page 10: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

More on Grades

Students calculate the effort needed to get the desired (or lowest acceptable) grade.

They do the minimum work required.We (unconsciously) train them to do this.

Needless to say, this doesn’t fly for design.In design, anything less than full attention = failure.

Page 11: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing?

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

Page 12: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing? (You know, besides PR …)

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

Page 13: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing?

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

www.freepatentsonline.com

Basic Switching Circuit(Fender-Style and Gibson-Style)

Page 14: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing?

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

Preamp Design for Active Cables

Page 15: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing?

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

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Page 16: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing?

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

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Page 17: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing?

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

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Page 18: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing?

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

Page 19: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

What Are We Doing?

• Electric Guitar Design Class

• MIPS: sponsored R&D

• Innovative engineering designs

• Coil LLC: Commercial venture involving students

How do you make them care enough to do it right?

Page 20: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Talk 2: Innovation and the Lion’s Share of Reward

Page 21: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Bottom Line

• Existing trend is to study innovative exceptions (Apple, Google, Fiat, etc.) and try to emulate them.

• Why not emulate an entire industry instead? In particular, the one industry known for innovating regularly.

• What do startups do? They recognize that engineers are their primary innovators, and they PAY them.

Innovation = Wealth

For details: B Jacob. “Reward: How to foster a technology-innovation culture within a large organization.” Chapter 69 in The Handbook of

Technology Management, Wiley & Sons, January 2010.

Page 22: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Talk 3: Design and Modern Entrepreneurship

Page 23: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Manufacturing as a Service

Important development in last decade:

Page 24: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

The Basic Idea

You Factory

Design Blueprint

Manufactured Device

Page 25: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

The Basic Idea

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Manufactured Device

Assembly

Page 26: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Some Blueprints

Page 27: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

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Page 28: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

• Can’t Possibly compete with big companies

• Might fail

• Can’t afford it

• Window of opportunity?

Pros & Cons

• Idea already proven in marketplace (shareware, boutique electronics)

• Win/win situation (even company failureis good résumé material)

• Low risk/reward ratio

• Start soon

Bottom line: a path well worth exploring

Page 29: High-Tech Design as Modern Engineering Entrepreneurshipblj/innovation.pdf · High-Tech Design as Modern Engineering Entrepreneurship Prof. Bruce Jacob Keystone Professor & Director

Questions?(thank you for your attention)

Prof. Bruce JacobUniversity of Maryland

[email protected]/~blj

… or just Google “bruce jacob”

all individuals in society become wealthier

economic growth

innovation

???

good design