Entrepreneurship Summit 2013 in Berlin: Präsentation von Prof. Mark Harris
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Transcript of Entrepreneurship Summit 2013 in Berlin: Präsentation von Prof. Mark Harris
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Prof. Dr. Sc. math. Dr. h.c.
Mark HarrisCEO and Founder
Adjunct Professor for Technology Entrepreneurship & Innovation
High Tech Entrepreneurship
Entrepreneurship Summit 2013October 19, 2013
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Where I am coming from…
While at Intel, responsible globally for Intel’s Entrepreneurship Programs, since 2006 brought Technology Entrepreneurship to 40 Countries 100 Technical Universities
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Technology Entrepreneurship & InnovationMSc Discipline
Technology Entrepreneurship& InnovationCore CoursesMSc~105 hrs
E-GovernmentFundamentals~60hrs
StudentCompany~60 hrs
E-CommerceFundamentals~60 hrs
OrganizationalBehavior~60 hrs
Financial ManagementAnd VentureFunds~75 hrs
InnovationManagementIn IT~75 hrs
StrategyManagement~60 hrs
Legal Issuesand E-Business~60 hrs
ProjectManagement~60 hrs
KnowledgeManagementAndTechnologyTransfer~60 hrs
CustomerRelationshipManagement~60 hrs
MarketingStrategies forHigh-TechCompanies~60 hrs
90 ECTS credits• 60 credits courses• 30 credits Master’s Thesis
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What is innovation ?
Innovation is an invention, paired with a process and a market
invention marketprocess
Entrepreneurship
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Technology Entrepreneurship The New Way Forwards EUR
Observations:
• EU 2020 declaration highly focussed (#1 issue) on innovation and entrepreneurship.
• Invention (ideas,patents ) is good, but commercialization is not.
• Very low VC activity in EU (1/5th US), huge equity GAP
• Attitude of entrepreneurship and failure not being an option a big hindering factor.
• Need to catch-up on some 20+ years of entrepreneurship education
• Need to broaden where and how entrepreneurship is taught
• Need to get EU success rates (20%) close to US (30%).
Criteria US Europe Comparison
Comment
GDP (2012) 16.82 T$ 16.56 T$Economies in same Ballpark
Domestic Patents (2009) 82000 135000
Europe invents +65% more (actually much more because no SW patents in Europe, CII)
VC activity (2012)(New Ventures) 26.5 B$ 3.6 B$
Europe only a fraction of US (EVCA)
% of population that consider entrepreneurship
67% 45%US is 50% higher
% of Population that become entrepreneurs
13% 4.5%US is 289% higher
% of population that accept possible failure in a startup
75% 54%
US 40% higher
Entrepreneurship Education since 1980’s Early 2000’s
Trying to catch up 20-25years of Education and attitude
Breadth (# types) 8 1-2
Programs in HE and now starting in K12
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What is Entrepreneurship ?
„The pursuit of opportunity beyond the resources one currently has under control“. *
* Source: Professor Howard Stevenson
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What is Technology Entrepreneurship ?
CashFlow
II III IVI
t
The technical invention
The company
The businessinnovation
Needed: Technology Entrepreneurship Skills Management Skills (MBA etc)
So Technology Entrepreneurship is not only „What“, but also „When“ !!
Derived: Prof. Jerry Engel UC BerkeleyEnhanced: Prof. Dr. Mark Harris
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8Slide:
Question: What is the shortest distance between points A and B ?
Sure, a straight line: A B
as long as we are in two dimensional space....
in three dimensional space, for example on a globe it is the
GREAT Circle (ARC)
A short excursion in Math:
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The Path (Trail) to New Ventures
Start(up)
Gazelle
loopforever
So what is the shortest path for a new venture ?
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Phase 4Angel Fundinginfrastructure
Phase 31st real BizPlansSummer schools
BootcampsSeed Funding
Phase 2Coaching
ConsultingMentoring
Experimental labsIndustry connections
Phase 1entrepreneurship
education, Educational BizPlan
Competitions
Phase 5VC / further scale
EducationalProcess
Real-life practice
Real companies
new ventures left on their own to bridge this gap
Collaboration with other new ventures
Engagement with Business Angels
Sweet SpotFor traditionalBusiness and
EntrepreneurshipEducation
New Venture Creation Pipeline Model
The need forpractitioners
Sweet SpotBusiness and
EntrepreneurshipEducationThrough
Practitioners
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Phase 4Angel Fundinginfrastructure
Phase 31st real BizPlansSummer schools
BootcampsSeed Funding
Phase 2Coaching
ConsultingMentoring
Experimental labsIndustry connections
Phase 1entrepreneurship
education, Educational BizPlan
Competitions
Phase 5VC / further scale
EducationalProcess
Real-life practice
Real companies
helps you to bridge the GAP !!
Entrepreneurship Education
Star
t(up
)Te
am(u
p)
Star
t-in-
Gar
age
Win
the
Mar
ket
Expe
rimen
tal L
abs
Dee
p Div
e
Sum
mer
Sch
ool
Boot
Cam
pGet
Tra
ctio
n (U
S)
NoCoI
(oth
er M
arke
ts)
Seed Funding
Services
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Your path to success !!!
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Backup
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InnoVaventures Global Network of Experts
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InnoVaventures Network of
-in negotiation (Phase I)
-planned (Phase II)
-planned (Phase III)
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Network of Global Clusters of Innovation
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Literature:
Accompanying Literature:
Timmons/Spinelli New Venture Creation ISBN 978-007-125438-0
Steven Gary Blank The Four Steps to the Epiphany ISBN 0-9764707-0-5
Steve Blank, Bob Dorf The Startup Owner’s Manual ISBN 978-0-9849993-0-9
Geoffrey A. Moore Crossing the Chasm ISBN 0-88730-717-5
Clayton M. Christensen The Innovator’s Dilemma ISBN 0-87584-585-1
Henry Chesbrough Open Innovation ISBN 1-57851-837-7
Recommended Literature:
David J. Teece Managing Intellectual Capital ISBN 0-19-829-542-1
Annalee Saxenian Regional Advantage ISBN 0-674-75340-2
> www.innovaventures.com >NEWS>Blog>24 October American University in Bulgaria 3 Youtube Videos about 5 hours total.
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Prof. Dr. Mark Harris
Prof. Dr. Mark Harris is a seasoned executive with over 30 years of experience in the high-tech industry and in entrepreneurship. Prof. Harris recently retired from Intel to follow his passion in entrepreneurship and in new venture creation. While at Intel, Prof. Harris built Intel’s global Technology Entrepreneurship program together with UC Berkeley California’s Lester Center for Entrepreneurship. During this period Prof. Harris experienced first hand the difficulties, especially in Europe of building entrepreneurial Eco-Systems. Prof. Harris brought technology entrepreneurship curricula to over 100 technical Universities in over 40 countries.
Prof. Harris holds Masters Degrees in Computer Science and in Economics from the Technical University in Munich. He also holds a Professorship as Associated Professor for Technology Entrepreneurship and Innovation at the University Politehnica of Bucharest as well as at the University St. Kliment Ohridski of Sofia. He is also an expert for the Executive MBA Program at the Technical University of Munich and is a Senior Fellow at the International Entrepreneurship Academy Intentac. Prof. Harris is also on the executive board of Informatics Europe as well as on advisory boards of collaborating or invested companies.In 2007 Prof. Harris received a Doctor honoris causa from the St. Kliment Ohridski University of Sofia and also received the “Blue Ribbon of Sofia” the highest recognition for academic achievement the University of Sofia awards.In 2010 Prof. Harris received a Doctor honoris causa from the University Politehnica of Bucharest.
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Prof. Dr. Mark Harris
My Contact Details:
Email: [email protected]
Tel.: +49 8063 256 9070
Mobile: +49 15 12 12 388 12