A Proposed Technology Commercialization and Entrepreneurship Program at Oklahoma State University

1
A Proposed Technology Commercialization and
Entrepreneurship Program at Oklahoma State
University
For presentation at the 2005 Midwest Section
Conference of the American Society for
Engineering Education
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Presentation Availability

• Copies of the accompanying manuscript are
  available from the speaker
• Electronic versions of the slides and manuscript
  are available at http//mhigh.okstate.edu

3
Motivation

• Educate students in Technology Commercialization
• Help OK inventors/entrepreneurs/small business
• Foster collaboration between educational units
• Provide hands on activities
• Retain technical students with business interests
• Retain business students with technical interests
• Develop a unique interdisciplinary program

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Faculty
Spears School of Business
Vance Fried
Ken Eastman
Creativity Management Venture Capital Corporate
Governance Engineering Design Problem
Solving Legal Training Patent Agent
Paul Rossler
Karen High
Marty High
College of Engineering, Architecture and
Technology
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Components of Program

• 127 Credits
• 19 Entrepreneurship
• 6 Legal Studies
• 23 ENGR/ENGSC
• 30 Business
• 28 Math and Science
• 21 English, Humanities, and Social Sciences

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Components of Program
21 Humanities/ English/Social Science
28 Math/Science Calculus Chemistry Physics Sta
tistics Differential Equations
30 Business Economics Accounting Marketing Fin
ance Management Business Environment
129 Credits
23 Engr/Engsc Design Fluids Programming Static
s Circuits Thermodynamics Strengths of
Materials
6 Legal Studies Products Liability Intellectual
Property
19 Entrepreneurship
7
Entrepreneurship Clinic I(1 Credit)

• Topics
• Introduction to faculty
• Senior mentors
• Curriculum introduction

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Technical Innovation(2 Credits)

• Topics
• Product innovation
• Process innovation
• Project planning
• Brainstorming
• Creativity
• Project management
• Problem solving
• Team building

9
Product Innovation(3 Credits)

• Topics
• New product development (NPD) processes
• and models
• Roles and issues in NPD
• Methods of NPD idea generation, design, and
  positioning
• Market measurement and forecasting methods for
  new products
• Product design procedure
• Breakthrough products

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Product Innovation (Contd)

• Customer needs
• Customer products
• Converting needs to specifications
• Idea generation and sorting
• Risk in product selection
• Product manufacture
• Economic concerns

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Entrepreneurship Clinic II(2 Credits)

• Topics
• Service learning
• Engineers without Borders
• Engineers for a Sustainable Environment
• Public service projects
• International applications
• Global markets

12
Project Management(3 Credits)

• Topics
• Gantt charts
• Pert charts
• Critical path method charts
• Managing and coordinating multiple projects
• Strategic project management

13
Entrepreneurship Clinic III(2 Credits)

• Topics
• Quality control
• Enterprise resource planning
• Total quality management
• Strategic decision making
• Human resource management
• Managing in adversity
• Biomedical devices and biotechnology
• Environmental issues
• Sustainability

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Entrepreneurship Clinic IV and V(6 Credits)

• Topics
• Technical manufacturing specifications for the
  product
• Potential vendors for supplies
• Potential manufacturers for the final product
• Market analyses for successful commercialization
  of the product
• Staffing requirements and potential sources of
  staffing for the enterprise including both
  administrative and production personnel

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Entrepreneurship Clinic IV and V(Contd)

• Presentation materials for solicitation of funds
  from venture capital sources
• Suggested venture capital sources and contacts
• Business organization recommendations (such as
  tax minimization options)
• Intellectual property protection plans and
  exploitation
• Overall detailed business plan for the first five
  years of operation of the enterprise

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Challenges

• ABET/Business accreditation
• Employment opportunities

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Presentation Availability

• Copies of these slides are available from the
  speaker
• An electronic version is available at
  http//mhigh.okstate.edu