Leadership position in technology entrepreneurship ...

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Leadership position in technology entrepreneurship & commercialization. Fourth 2012 TIM Lecture. May 31, 2012 ...
Leadership position in technology entrepreneurship & commercialization Fourth 2012 TIM Lecture May 31, 2012

Agenda

•  Introduction

Dean Jerry Tomberlin

•  Remarks

President Roseann Runte

•  Overview

Tony Bailetti

•  Engage with initiatives

Steven Muegge

•  Showcase

Michael Weiss

•  Engage with ventures

Michael Weiss

•  Closing remarks

Tony Bailetti 2

Objectives •  Thank individuals & organizations •  Validate 7 proof points to attain leadership •  Engage community talent with initiatives to attain 7 leadership proof points & help key organizations achieve their own proof points •  Showcase student talent: theses, projects & ventures •  Engage community talent with students’ ventures

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Thank you!

President Roseann Runte

Vice-President Kim Matheson

Dean Jerry Tomberlin

Dean Rafik Goubran

Wesley Nicol

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Many, diverse, cross-disciplinary The e Docto Edg ral pro

arleton C @ e s u o h n e e Ideas Gr

gram Bache lo Minor r of Comme in Ent repren rce in Entre preneu eurshi p rship

RCTI

TIM Entrepreneurs Born Global

TIM Lecture Series

Sprott C Social entre for Enterpr ises

LTW

ub l C s der n u o F 5

Institute for TEC

LTW Founders Club

Institute for Technology Entrepreneurship and Commercialization (TEC) M.A.Sc. M.Eng. TIM Lecture Series

RCTI TIM Entrepreneurs Carleton Entrepreneurs

Born Global

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Seven proof points

1.  TIM program: 100+ students enrolled 40+ theses & projects/yr 2.  TIM Review: 10,000 readers/issue 3.  Training: 80 founders/yr, 50 interns/yr 4.  Sprott: 4 Ph.D. students/yr 5.  Lead projects: 2 lead projects/yr 6.  Born Global: 1 disruptive knowledge project/yr 7.  Internships: 50 interns/yr

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Reasons to engage •  Strengthen existing skills or develop new ones •  Achieve with others what you can’t do on your own •  Increase your brand & options •  Find new interests & hobbies •  Enjoy new experiences •  Provide examples of your commitment, dedication & interests •  Be part of large & diverse tech entrepreneurship & commercialization community 8

Proof point # 1: TIM students 100+ students Michael Weiss

40+ theses & projects/yr Steven Muegge

•  Recruit talent (science, technology, engineering, & mathematics), 2 yrs exp., good grades, 2 references •  Startups or established firms •  Experiment with social media to help recruit TIM talent & use lessons learned

•  Interesting topics & talented people •  Establish TIM Alumni Association •  Promote TIM theses & projects

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Proof point # 2: TIM Review 10,000 readers/issue

Chris McPhee

timreview.ca A monthly journal since 2007: @TIMReview •  Focuses on the theories, strategies, and tools that help small and large technology companies succeed •  Have published ~350 articles from >300 experts •  Increasing focus on technology entrepreneurship and international entrepreneurship •  Bridges gap between theory and practice •  Global reach, but firmly rooted in Canada’s Capital Region 10

Proof point # 2: TIM Review 10,000 readers/issue

Chris McPhee

timreview.ca TIM Review enables us to: @TIMReview •  Develop and share knowledge •  Better understand technology entrepreneurship •  Provide solutions to the problems faced by entrepreneurs •  Share research results and identify gaps •  Build relationships •  Demonstrate thought leadership Current priorities: readership and sustainable funding 11

Proof point # 2 (continued) 10,000 readers/issue

Chris McPhee

timreview.ca How to contribute: @TIMReview •  Read & comment on articles •  Suggest themes for new issues •  Write an article or become a guest editor •  Tell a friend or colleague about TIM Review •  Promote TIM Review with social media •  Recommend authors, guest editors, & reviewers •  Produce course packs using articles •  Sponsor or advertise in TIM Review 12 •  Provide feedback

Proof point # 3: Education 80 founders trained/yr, 50 interns/yr TIM Entrepreneurs

Carleton Entrepreneurs

Tom Duxbury

TIM students

Tony Bailetti & Julie Caldwell

Carleton students & recent grads

Tony Bailetti

Canada’s Capital Region

Jonathan Wells

Students & recent grads Ottawa’s four post secondary institutions

Elizabeth Lance

Women owners of highgrowth businesses

Elizabeth Lance

Founders of Lead to Win 13 companies

Proof point # 3 (continued) 80 founders trained/yr, 50 interns/yr •  •  •  •  •  •  •  • 

Hire STEM interns Recruit talented entrepreneurs Mentor entrepreneurs Serve in Review Boards and/or deliver modules Become a stakeholder of Idea à Opportunity à Venture Migrate programs to other geographies Support desks (Sales, Investment, Go-to-market) Provide space (office, meeting rooms, work spaces)

•  Fund operations & sponsor socials •  Suggest new services

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Proof point # 3 (continued) 80 founders trained/yr, 50 interns/yr Early buyers Partners

Service providers

Investors, M&A

Idea à Opportunity à Venture

Economic development organizations

Post secondary institutions

Entrepreneur in startup or established firm

Complementors Institute for TEC

15 Stakeholders

Proof point # 4: Ph.D. students 4 Ph.D. students/yr

David Hudson Mika Westerlund

•  Recruit talented Ph.D. students in technology entrepreneurship •  Suggest relevant topics for thesis development •  Engage with research projects

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Proof point # 5: Lead projects

RCTI

2 lead projects/yr

Jonathan Wells

•  Established companies that sell outside Canada •  Directed research & consulting •  High effort to complete •  •  •  • 

Commercialization for new markets Internal entrepreneurship Strategic business development Exploration/exploitation management

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Proof point # 6: Born global Born Global

1 disruptive knowledge project/yr

Tony Bailetti

•  Implement a born global & a re-born global program for local companies Fall 2012 •  •  •  •  • 

Disrupt conventional staged approach to internationalization Leverage links to centres of expertise worldwide Contribute articles on born global to TIM Review Raise awareness about urgency to act on disruption Provide case studies on how firms are born & re-born global as well as support tools 18

Proof point # 7: Internships 50 interns/yr

Wes Nicol

•  50 interns per year –as many from Carleton as we can – by attracting more endowment funding •  Help interns & other students championing “Greenrated” opportunities raise investment funds required to launch their businesses

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Next steps

•  Right proof points? •  Right opportunities to engage to deliver 7 proof points? •  How best to support IRAP, OCE, Invest Ottawa, & City of Ottawa achieve their proof points? •  Next steps?

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Break

Technology Innovation Management www.carleton.ca/tim 21 @timprogram

Showcase theses & ventures David Hudson

Entrepreneurial effort in the theory of the firm

Ph.D. proposal

Ph.D. in Sprott

Chris McPhee

Methodology to construct the TIM Review

Successful thesis

M.A.Sc. TIM

Arthur Low

Security processors licensed as silicon intellectual property

CrackSemi

M.A.Sc. TIM

Mike Ayukawa

Discover memories & meaning in your world

Cornerportal

M.A.Sc. TIM

David Ker

Lassoo the Web: capture, organize & present the Web

Realwat

M.A.Sc. TIM

Ronald Amelunge

BDT-VoiceMail to text

ClearVoix

M.A.Sc. TIM

Robert Poole

Economic development in knowledge economy

Freebird Connect

M.Eng. TIM

James Makienko

Scalable video transcription

HiveDirect

M.Eng. TIM

Natasha D’Souza

Virtual therapy for special needs children

VirtualEyeSee

M.Eng. TIM

Elias Majic

Mobile language learning

Ottercall

M.Eng. TIM22

1 Ph.D., 5 M.A.Sc & 4 M.Eng.

Ronald Amelunge

David Hudson

Mike Ayukawa

David Ker

Chris McPhee

Natasha D’Souza

Arthur Low

Robert Poole

Elias Majic

James Makienko

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Engage with ventures

•  Q&A for TIM entrepreneurs •  How to engage with TIM entrepreneurs •  Additional comments on proof points •  Next steps?

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Closing comments

•  Report on June issue of TIM Review timreview.ca •  If interested in TIM or to engage in proof point initiatives, contact: •  •  •  • 

Tony Bailetti Steven Muegge Michael Weiss Jonathan Wells

[email protected] [email protected] [email protected] [email protected] Thank you!

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