welcome… “an investment in knowledge always pays the best interest.” ben franklin (1706-1790)...
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Welcome…
“An investment in knowledge always
pays the best interest.”
Ben Franklin(1706-1790)
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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“Turbulent Changing Times…”
Uncertainty
“…Jobs and Careers…Business and Industry…”
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Yet…All of Us…
Have A Chance of a Lifetime
“…We Will Shape and Determine The Future…”
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Let’s Get Started…
Welcome to
GEB 5516 and GEB 4152
Technology Commercialization And
Technology Entrepreneurship
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Getting Started…Tonight
1. Introductions2. Innovation and Entrepreneurship3. Class Workshop-Current Trends4. Next Steps
Welcome to
GEB 5516 and GEB 4152Technology Commercialization & Technology Entrepreneurship
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Getting Started…Tonight
Introductions…
I’m Tom O’Neal…
Welcome to
GEB 5516 and GEB 4152Technology Commercialization & Technology Entrepreneurship
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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7
Why listen to me?Why listen to me?
1980’s
EngineerAssociate Director @
CREOL
Associate VP
1990’s 2000’s
BSEE
1970’s
Entrepreneur
Founding Director UCFTI now UCFBIP
MSEM, MBA, PhD
Faculty
Mgmt/IEMS
Entrepreneur
Dr. Thomas O’NealAssociate VP for Research and CommercializationExecutive Director UCF Business Incubation ProgramExecutive Director GrowFL12201 Research ParkwayOrlando, FL [email protected]
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Getting Started…Tonight
Introductions…
And You Are…?
Welcome to
GEB 5516 and GEB 4152Technology Commercialization & Technology Entrepreneurship
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Getting Started…Tonight
IntroductionsInnovation and EntrepreneurshipClass Workshop-Current Trends
Next Steps
Welcome to
GEB 5516 and GEB 4152Technology Commercialization & Technology Entrepreneurship
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Innovation & EntrepreneurshipInnovation & Entrepreneurship
“…The Potential is Tremendous….”
Opportunity, Growth and Wealth
Innovation Requires Energy, Effort and Time….
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So What…Who Cares…Why You Innovation Entrepreneurship Investment Knowledge Wealth
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Innovation…
Why Innovate?
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Let’s Discuss…Why Innovate
Innovation “Solve” a Problem “Improve” the Quality of Life “Preserve” Something Good
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Entrepreneurship
What Does an Entrepreneur Do…?
Who Might They Be…?
Innovation & Entrepreneurship Innovation & Entrepreneurship
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The Entrepreneur ….
An Entrepreneur Organizes, Operates and Assumes Risk for a Business Venture
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Let’s Discuss…
The Characteristics of Entrepreneurs…
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Entrepreneurs…
What About You…?
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Successful Entrepreneurs Are Principles Based…
Ethical ConductVision & ValueFocus & DeterminationAbstract Thinking & Pragmatic ExecutionCommercialization Flexibility
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Investments in Innovation…
Commitments!!! Passion Vision CASH FLOWS
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Innovation &Entrepreneurship Innovation &Entrepreneurship
Knowledge - UCF patents rank in Top Ten -Again - 2009 -
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Knowledge… Knowledge is Valuable…!!!
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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Innovation & EntrepreneurshipInnovation & Entrepreneurship
Wealth…
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Entrepreneurs…
Innovation & EntrepreneurshipInnovation & Entrepreneurship
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UCF Research FoundationUCF Research Foundation
What’s Hot…
Knowledge, Vision and Execution
Digital, Molecular & Nano Infrastructures, and more…
Life Sciences
Energy, Clean Tech, Green Tech
Environments, Platforms, Systems and Connectivity
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Innovation & EntrepreneurshipInnovation & Entrepreneurship
Let’s Discuss The Class….
Opportunities
Challenges
Strategies
Planning
Execution
Performance
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Innovation & EntrepreneurshipInnovation & Entrepreneurship
Major Deliverables….
Your Entrepreneurial Challenge
Your Class Participation!!!
The Elevator Pitch…(30%)
The Venture Project…(40%)
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Innovation & EntrepreneurshipInnovation & Entrepreneurship
Your Commitment …
Do the Work and Earn Your Grade…!!!
(Maybe your first experience with entrepreneurship)
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Vision to Reality Vision to Reality
“Tis easy to see, hard to foresee.”Ben Franklin(1706-1790)
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“People often fail because they trade what they want most for what they want now.”
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Vision To RealityVision To RealityThe Road Ahead…
Part One: Opportunity
Part Two: Feasibility
Part Three: Planning
Part Four: Growth and Change
Elevator Pitch and Venture Presentations---------------------------------------------------------------------------------------------------------------------------------
Now ….”A Group Exercise” – Current Trends
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Class WorkshopClass Workshop
Break into groups of 4-5 people
As a group, discuss and agree on 3 current trends that may affect your pursuit for a
professional career and/or business Idea.
Present Three Trends and WHY… > One power point, no more than 6 bullet points
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Class WorkshopClass Workshop
Break out….
One power point, no more than 6 bullet points
Three Current Trends…
Trend One… And Why Trend Two… And Why Trend Three… And Why
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Vision to RealityVision to Reality
* Workshop Observations…
Wrap Up….The Syllabus
On The Website
Next Week…
The Journey Continues…
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Vision to Reality Vision to Reality
Thank you for tonight
Great to see you here
Let’s be entrepreneurial together this semester