Leadership Position in Technology Entrepreneurship & Commercialization May 31 2012

Leadership position in technology entrepreneurship & commercialization

Fourth 2012 TIM Lecture

May 31, 2012

2

Agenda

• Introduction

• Remarks

• Overview

• Engage with initiatives

• Showcase

• Engage with ventures

• Closing remarks

Dean Jerry Tomberlin

President Roseann Runte

Tony Bailetti

Steven Muegge

Michael Weiss

Michael Weiss

Tony Bailetti

3

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

4

Thank you!

President Roseann Runte

Vice-President Kim Matheson

Dean Jerry Tomberlin

Dean Rafik Goubran

Wesley Nicol

5

Many, diverse, cross-disciplinary

Born

Global

Carleton Entrepreneurs

TIM Lecture Series

Doctoral programBachelor of Commerce in Entrepreneurship

Minor in Entrepreneurship

The

Edge

Ideas Greenhouse@Carleton

TIM Entrepreneurs

Sprott Centre for Social Enterprises

RCTI

LTW Founders Club

6

Institute for TEC

Institute for Technology Entrepreneurship and Commercialization (TEC)

RCTI

TIM Lecture Series

Born Global

TIM Entrepreneurs

Carleton Entrepreneurs

M.A.Sc.

M.Eng.

LTW Founders Club

7

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

8

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

9

Proof point # 1: TIM students

• 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

100+ students Michael Weiss

40+ theses & projects/yr Steven Muegge

1010

Proof point # 2: TIM Review

A monthly journal since 2007:• Focuses on the theories, strategies, and

tools that help small and large technologycompanies 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

10,000 readers/issue Chris McPhee

timreview.ca @TIMReview

1111

Proof point # 2: TIM Review

TIM Review enables us to:• 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

10,000 readers/issue Chris McPhee

timreview.ca @TIMReview

1212

Proof point # 2 (continued)

How to contribute:• 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• Provide feedback

10,000 readers/issue Chris McPhee

timreview.ca @TIMReview

1313

Tom Duxbury TIM students

Carleton Entrepreneurs

Tony Bailetti & Julie Caldwell

Carleton students & recent grads

Tony Bailetti Canada’s Capital Region

Jonathan WellsStudents & recent grads Ottawa’s four post secondary institutions

Elizabeth LanceWomen owners of high-growth businesses

LTW Founders Club Elizabeth LanceFounders of Lead to Win companies

80 founders trained/yr, 50 interns/yr

Proof point # 3: Education

TIM Entrepreneurs

14

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 Opportunity 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

1515

Idea Opportunity Venture

Early buyers

Investors, M&A

Post secondary institutions

Economic development

organizations

Partners

Service providers

Complementors

Entrepreneur in startup or established firm

Institute for TEC

Proof point # 3 (continued)

Stakeholders

80 founders trained/yr, 50 interns/yr

16

Proof point # 4: Ph.D. students

4 Ph.D. students/yr David HudsonMika Westerlund

• Recruit talented Ph.D. students in technology entrepreneurship

• Suggest relevant topics for thesis development• Engage with research projects

17

Proof point # 5: Lead projects

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

RCTI

18

Proof point # 6: Born global

Tony BailettiBorn Global

1 disruptive knowledge project/yr

• 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

19

Proof point # 7: Internships

• 50 interns per year –as many from Carleton as we can – by attracting more endowment funding

• Help interns & other students championing “Green-rated” opportunities raise investment funds required to launch their businesses

50 interns/yr Wes Nicol

20

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?

21

Break

Technology Innovation Managementcarleton.ca/tim

twitter.com/#!/timprogram

2222

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. TIM

23

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

David Hudson

Chris McPhee Robert Poole

Elias MajicDavid Ker

James Makienko

Mike Ayukawa

Arthur Low

Ronald Amelunge Natasha D’Souza

24

Engage with ventures

• Q&A for TIM entrepreneurs

• How to engage with TIM entrepreneurs

• Additional comments on proof points

• Next steps?

25

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 bailetti@sce.carleton.ca• Steven Muegge smuegge@sce.carleton.ca• Michael Weiss weiss@sce.carleton.ca• Jonathan Wells jonathan_wells@carleton.ca

Thank you!