Teaching the Small Business/Entrepreneurship Course USASBE Annual Conference January 8, 2009
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Transcript of Teaching the Small Business/Entrepreneurship Course USASBE Annual Conference January 8, 2009
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Entrepreneurship Program Entrepreneurship Program
Teaching the Small Business/Entrepreneurship
Course
USASBE Annual ConferenceJanuary 8, 2009
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The TeamThe Team Mary Abrahams
David Allen
Kendall Artz
Les Palich
Bill Petty
Marlene Reed
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Entrepreneurship Program
Contact Info
• [email protected]• [email protected]• [email protected]• [email protected] • [email protected]• [email protected]• Phone: 254.710.2261
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Agenda8:15 Introduction/Baylor Program Overview (Kendall)8:30 – 9:15 Creativity and Opportunity Recognition (Marlene)9:15 – 10:00 Finance I (Bill)10:00 – 10:15 Break10:15 – 11:15 Finance II (Bill)11:15 – 12:00 Business Plan (David & Kendall)12:00 – 1:00 LUNCH1:00 – 2:00 Ethics in Small Business (Marlene)2:00 – 2:30 Using Videos in the Classroom (Les)2:30 – 3:00 Taking it to the next level (Kendall)3:00 Innovative Teaching Ideas (Audience Contribution)
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Electronic Access to Materials
To access the electronic copies of the materials presented today, go to:
http://www.baylor.edu/business/management/
Scroll down to the bottom right side of the page to the USASBE logo to get to the links for the documents.
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Entrepreneurship Program
Program Overview• Established in 1977
• Located in the Department of Management and Entrepreneurship: Hankamer School of Business
• Baylor – oldest University in Texas, located in Waco, Texas
• Largest Baptist University in the world
• 14,000 university students, 3200 in the School of Business
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Entrepreneurship Program
Program Organization
Baylor Entrepreneurship ProgramKendall Artz – Director
Les Palich – Assoc. Director
John Baugh Centerfor Entrepreneurship
Director: David Allen
Ent. Living & Learning Center
Director: Mary Abrahams
Center for International Technology Ent.
Director: Greg Leman
Franchising Center
(In Process)
Curriculum/International Programs
Les Palich
ResearchPh.D. faculty
Programming/Fundraising
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Entrepreneurship Program
By the numbers (students)• 160 current entrepreneurship majors (juniors and seniors)
• 1100+ entrepreneurship major alumni
• 1000+ students/year take at least one entrepreneurship course
• $170,000 in annual scholarships for entrepreneurship majors
• 30 entrepreneurship courses offered– 20 undergraduate – 10 graduate
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Entrepreneurship Program
By the numbers (faculty/staff)• 9 tenured or tenure-track entrepreneurship faculty
• 1 entrepreneurship clinical professor
• 2 staff program directors
• 2 entrepreneurship adjunct professors
• 9 endowed entrepreneurship chairs or professorships
• entrepreneurship faculty fellows (engineering and theatre arts)
• funded entrepreneur-in-residence program
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Entrepreneurship Program
Entrepreneurship Faculty/Staff
• Kendall Artz (Ph.D. – Purdue)
• Ray Bagby (Ph.D. – South Carolina
• Steve Bradley (Ph.D. – Indiana)
• Jamie Collins (Ph.D. – Texas A&M)
• Kevin Johnson (Ph.D. – Indiana)
• Les Palich (Ph.D. – Arizona State)
• Bill Petty (Ph.D. – Texas)
• Jim Roberts (Ph.D. – Nebraska)
• Bill Worthington (Ph.D. – Texas A&M)
• Unfilled faculty position
• Mary Abrahams – Director: Living and Learning Center
• Walter Bradley - Professor of Mechanical Engineering
• Cynthia Fry - Assoc. Dean in Computer Science
• Greg Leman - Director: Center for Technology
Entrepreneurship
• Sherry Ward – Lecturer in Theatre Arts
• Marlene Reed - Adjunct Professor
• Elizabeth Vaughn – Administrative Assistant
John F. Baugh Center for Entrepreneurship• J. David Allen – Director
• Assistant Director – Currently vacant
• Malinda Green – Administrative . Assistant
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Entrepreneurship Program
Entrepreneurship study abroad programs• European Entrepreneurship Experience
– 5 week summer experience covering 6 countries in Europe
• Technology Entrepreneurship in China– 5 week summer program in Shanghai focusing on technology– Includes students from USST, Thunderbird, American University
• Entrepreneurship in the Dominican Republic– 3 week summer program focusing on entrepreneurship and economic
development
• Social Entrepreneurship in Africa– 5 week summer program, includes 3 weeks in Rwanda, Kenya, or Ghana.
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Entrepreneurship Program
Student Programs and Organizations• On-campus student business incubator
• Venture Associates Group
• Collegiate Entrepreneurs Organization
• Students in Free Enterprise
• Entrepreneurship Student Advisory Board
• Various alumni mentoring programs
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Entrepreneurship Program
Undergraduate Entrepreneurship Curriculum
15 hour undergraduate major with 5 available concentrations
- International entrepreneurship
- Social entrepreneurship
- Technology entrepreneurship
- Corporate entrepreneurship
- Family Business
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Entrepreneurship Program
Entrepreneurship Curriculum
MAJOR REQUIREMENTSAll from Any one fromENT 3320 ENT 4320Entrepreneurial Process Managing the Family Business
ENT 4310 ENT 4330Entrepreneurial Finance Corporate Entrepreneurship: Initiating and Sustaining Innovation ENT 4325 ENT 4353Entrepreneurial Business Plan Social Entrepreneurship and Economic Development -------------------------------------------------------------------------------------------------------Any one from ENT 4398 ENT 4340 Special Studies for Technology Entrepreneurship Entrepreneurship
ENT 4395 ENT 4360Internship in Entrepreneurship Franchising: Franchisee and Franchisor Perspectives
ENT 4350 ENT 4380International Entrepreneurship Social Entrepreneurship: Microfinance and Economic Development in Africa
ENT 4351Entrepreneurship in the EU ENT 4352 Technology Entrepreneurship in China 15 sem. hrs.
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Entrepreneurship Program
Entrepreneurship Offerings for Non-business students
• Entrepreneurship Minor (18 hrs) for non business students
• Entrepreneurship Certificate program (9 hrs) for engineering students
• Freshman-level “Entrepreneurship and Creative Leadership” course
• Junior-level “Starting and Managing a Business” course
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Entrepreneurship Program
Other features
• Home of Entrepreneurship Theory and Practice - Ray Bagby (ed.)
• #1 ranked entrepreneurship textbook “Small Business Management: Launching and Growing Entrepreneurial Ventures” 15ed. (Longenecker, Petty, and Palich)
• 20th year of awarding the Texas Family Business of the Year Award
• 250 new venture concept evaluations conducted annually (for practicing entrepreneurs nationwide)
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Entrepreneurship Program
Bill Petty
2007– Designated “Master Teacher” at Baylor University
2008 National Entrepreneurship Educator of the Year (Acton Foundation)
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Entrepreneurship Program
Taking it to the next level
• European Entrepreneurship Experience (E3)– 5 week summer experience covering 6 countries in Europe – Les Palich
• Technology Entrepreneurship in China (I5)– 5 week summer program in Shanghai focusing on technology– Includes students from USST, Thunderbird, American University – Greg Leman
• Entrepreneurship in the Dominican Republic– summer program focusing on entrepreneurship and economic development
• Les Palich, Marlene Reed and David Allen
• Social Entrepreneurship in Africa– 5 week program, includes 3 weeks in Rwanda, Kenya, or Ghana – Kendall Artz
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Entrepreneurship Program
Taking it to the next level
• Angel Network– angels evaluate Baylor-related deals for investment– Students engage in due diligence– Baylor entrepreneurship participates in profits
• Entrepreneurship Living and Learning Center– Director- Mary Abrahams
• Franchising Specialization– Offering first course Spring 2009