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Entrepreneurship and Agility at the University of Colorado

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Title: Entrepreneurship and Agility at the University of Colorado


1
Entrepreneurship and Agility at the University of
Colorado
  • Prepared by Krista Kafer,
  • Interim Director of Learning Innovations, and
  • Michael Poliakoff,
  • Vice President for Academic Affairs and Research
  • Board of Regents
  • Academic Affairs Committee
  • November 28, 2007
  • Anschutz Medical Campus
  • University of Colorado Denver

2
Definitions and Principles
  • Responsiveness to expanding demand for degrees
    and training in a variety of venues
  • Undertaking projects of marketable value
  • Creating value for stakeholders
  • Adapting to the needs of stakeholders
  • Responsiveness to an information-based economy
  • Creating and maintaining access and stature

3
Overview (Part I)
  • Sharply increasing need for increased capacity to
    deliver degrees and training
  • CUs extensive distance education resources
  • CUs successful technology transfer
  • Scholarly publication and CUs public profile
  • CUs education outreach to business and industry
  • CUs innovative degree programs for
    entrepreneurship
  • Inter-campus and inter-university collaboration
    at CU
  • CUs centers and institutes outreach and public
    support

4
Outreach (Part II)
  • Arizona State Increasing capacity and structural
    innovation
  • Colorado State Office for Outreach and Strategic
    Partnership
  • University of Wisconsin Portal to resources for
    entrepreneurs
  • University of North Carolina Engagement in
    economic development
  • Regis University Leveraging resources through an
    online consortium for distance education.
  • University of Phoenix Meeting degree demands and
    diversity success
  • MIT Reward system for entrepreneurship

5
The College Degree Crisis
6
The College Degree Crisis
7
Colorados College Population (18-24) Change in
20 Years (with thanks to Regent Ludwig)
  • 2007 531,495 Colorado 443,365 Front Range
  • 2027 696,290 Colorado 572,683 Front Range
  • 2007 26 of 18-24 year olds attend public
    college or university 138,188 (138,134 CCHE
    head count)
  • 2027 26 of 18-24 year olds attend public
    college or university 181,035
  • Source Colorado State Demography Office

8
Growth in Demand for College
  • Top States have 41 of the 18-24 year old
    population enrolled in college (2006).
  • Colorado now at 34
  • Top States have 5.1 of the 25-49 year old
    population in some type of postsecondary
    education (2006).
  • Colorado now at 4.6
  • Measuring Up 2006. The State Report Card on
    Higher Education (National Center for Public
    Policy and Higher Education)

9
  • Distance Education Opportunities at CU
  • Variety of formats print correspondence,
    videotape, videoconferencing, and the World Wide
    Web
  • Benefits include
  • Accredited programs and certifications from a
    top-ranked university
  • Career relevant courses in a number of
    disciplines
  • Convenience of learning your time, your place
  •  

10
  • 2006-07 2,000 courses 12,000 credit
    enrollments 3,000 noncredit enrollments.
  • 44,000 credit hours
  • 2006-07 revenues 17.8 million
  • 2006-07 Summer Session 42,000 credit hours
    revenues of 14.9 million

11
  • Part of the College of Engineering and Applied
    Science at CU-Boulder, CAETE provides convenient
    and flexible courses for working professionals
    via the Internet and in the classroom, and at
    off-campus sites.
  • CAETE offers distance Masters Degree and
    Certificate Programs for Credit in Aerospace
    Engineering, Computer Science, Electrical and
    Computer Engineering, Engineering Management, and
    Telecommunications, and not-for-credit courses
    and certificates in Oracle database
    administration and development, Six Sigma,
    network administration, PMI PMP exam prep and
    more.

12
  • The ISP offers qualified graduates of foreign
    dental programs the opportunity to earn a DDS at
    the CU School of Dental Medicine. 
  • Graduates of this two-year accelerated DDS
    program may take any state or regional board, and
    thus will be eligible for licensure and practice
    within the United States.  

13
CU Technology Transfer Today
Fiscal Year 02-3 03-4 04-5 05-6
06-7 Invention disclosures 124 147 177 198 254
Patent apps filed 82 100 139 125 140 Option
s and licenses 34 47 59 57 75
Exclusive option/licenses 13 19 22 36
35 Revenue in MM 3.1 5.8 21.7
20.6 24.0 Start-up companies 6 9
9 10 10 Association of University
Managers (AUTM) 2005 Survey ranks CU 5th
(tie with George Institute of Technology and
University of Pennsylvania) in start up
companies and 13th in overall revenue
generated among United States
universities.
14
Entrepreneurship, Research, Profile
63,000 copies
15
Entrepreneurship, Research, Profile
16
University of Colorado School of Medicine Trend
in Revenue Sources
17
  • The Colorado Institute for Technology Transfer
    and Implementation (CITTI) assists creative
    individuals and organizations in transforming
    technological ideas into economic opportunity
    through the work of three El Pomar Chairs and
    through community workshops and symposia
  • CITTI holds a number of workshops and symposium
    throughout the year. Some examples
  • SBIR/STTR seminars (several have led to
    successful awards)
  • Mothers of Invention a workshop directed at
    stay-at-home mothers with new ideas for the
    marketplace
  • Entrepreneurial Finance Lecture Series
  • Invention to Venture Workshop presentations on
    opportunity assessment, intellectual property
    issues, venture capital and much more.

18
  • Offered by the College of Business and College of
    Engineering and Applied Science in Computer
    Science, Computer Security, Game Design and
    Development, Electrical Engineering.
  • BI students will receive a multi-year
    multi-discipline team experience working on real
    problems with local companies, an understanding
    and experience in the innovation process of
    transforming ideas into sustainable societal
    impact, an understanding of the basics of
    business, policy and intellectual property, and
    through their cross-discipline a deeper
    exploration globalization issues, creative
    communication, technology impact or business. 

19
CU Executive MBA Program
  • The tri-campus Executive MBA enables students to
    learn how to develop a broad business
    perspective, how to think strategically, and how
    to make confident decisions based on bottom-line
    results.
  • The program features outstanding faculty, a
    collaborative learning environment, dynamic
    classmates, and real-world, case-based
    curriculum. The degree can be completed in two
    years, and is designed for minimal career
    disruption.

20
  • Clear and civil exchange of ideas and opinions
  • Speakers included Bruce Babbitt, James Watt,
    Stewart Udall, Gale Norton, Annie Proulx
  • Leveraged CU support of 180,000 into a
    budget of 800,000
  • ¾ of the operational budget comes from
    sources outside CU

21
Colorado Center for Biorefining and Biofuels
22
(No Transcript)
23
Ideas, Challenges, and Programs A National View
  • Arizona State University
  • Colorado State University
  • University of North Carolina
  • University of Wisconsin
  • Regis University
  • University of Phoenix
  • Massachusetts Institute of Technology

24
Arizona State University The New American
University
  • dealing with a 300 million-person America going
    to a 450 million person America
  • 51,000 main campus 10,000 on three branch
    campuses
  • 90,000 projected in next ten years
  • New multidisciplinary units replacing
    departments e.g. School of Sustainability
    School of Earth and Space Exploration
  • leave behind the Harvard template and build a
    new American university for the twenty-first
    century
  • (Nature, International Weekly Journal of
    Science, 26 April 2007)

25
  • Morrison Institute analyzes current and proposed
    public policies that are important to the future
    of greater Phoenix, the state of Arizona, and the
    nation. Its mission is to conduct research which
    informs, advises, and assists Arizona's state and
    community leaders. A unit in the School of
    Public Affairs (College of Public Programs) at
    Arizona State University, the Institute is a
    bridge between the university and the community.

26
Office of Economic Development
  • OED is part of the Office of the Vice Provost for
    Outreach and Strategic Partnerships and works
    with Cooperative Extension, Continuing Education,
    the Colorado Water Resources Research Institute,
    the Colorado Institute for Public Policy, and the
    Office of International Programs to address the
    changing needs of Colorados economy.
  • OED works with industry and CSUs eight colleges
    to ensure research capabilities and industry
    needs are met.

27
  • OUTREACH
  • We believe that Colorado State University
    belongs to the people and thus outreach is one of
    our major areas of focus. We're not just in Fort
    Collins we're in living rooms, kitchens,
    businesses, schools and organizations across the
    state, nation and world.
  • Vice Provost for Outreach and Strategic
    Partnerships oversees, improves and expands CSUs
    outreach efforts, including extension efforts,
    continuing and distance education, international
    programs, agricultural and natural resource
    centers, K-12 linkages, and other activities.

28
Office of Corporate Relations
  • A collection of resources on and off the
    UW-Madison campus to help entrepreneurs,
    inventors and investors make the connections they
    need to form and grow successful new business
    enterprises.

29
  • UNC Center for Competitive Economies (C3E)
  • The University of North Carolina at Chapel
    Hill's Center for Competitive Economies, part of
    the Frank Hawkins Kenan Institute of Private
    Enterprise and UNC's Kenan-Flagler Business
    School, helps communities in North Carolina, the
    south, the United States and beyond address
    critical challenges of competitiveness and
    economic development.

30
Regis College New Ventures Partnership
  • New Ventures helps small, non-profit,
    independent colleges and universities across the
    country develop their own professional education
    programs on the Regis model and manages the
    Online Consortium of Independent Colleges and
    Universities, a consortium that enables more than
    60 small colleges and universities to pool and
    share 500 online courses.

31
University of Phoenix
  • 255,600 students
  • 231 campuses
  • Undergraduate tuition and fees 12,000 p/a
  • 100 degree programs / 70 online

32
Demographic Analysis of University of Phoenix and
National Higher Education
33
Massachusetts Institute of Technology
  • 4.0 FACULTY RIGHTS AND RESPONSIBILITIES
  • 4.5 Outside Professional Activities
  • MIT Policies and Procedures
  •  
  • The Institute believes that its educational
    program and effective teaching in all its aspects
    can flourish only when sustained by continuous,
    active participation of its faculty in research,
    enriched in many cases by interaction with
    industry, business, government, and other
    activities and institutions of our society. This
    interaction, including outside consulting service
    to and research for government and industry, is
    of greatest value when it contributes
    significantly to the public welfare, offers an
    opportunity for professional challenge and
    growth, or otherwise enhances the effectiveness
    of a faculty member's service to the Institute.
  • 4.5.2 Faculty and Students
  • Part-time involvement of students in the outside
    professional activities of faculty may, under
    certain conditions, offer the potential for
    substantial benefits to the education of the
    student. In each case of such involvement, the
    faculty member should obtain prior approval from
    the department head after discussion with the
    department head and student. In this context,
    involvement means any substantive activity,
    whether paid or unpaid.

34
Ideas and Discussion
Economic Development
Expanded Distance Education
Reward System for Entrepreneurship
New Centers and Institutes
CU System Portal
Extension Centers and Satellites
Faculty Resource Guide
Partnerships
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