Entrepreneurship & Innovation › files › content › SBWL_Messe › ... · g Steering Innovation Successfully Private Equity und Venture Capital Challengeswith Open Innovation

Univ. Prof. Dr. Nikolaus Franke

Entrepreneurship & Innovation

Due to Corona, there are just limited possibilities of experiencing the people behind an SBWL directly – which is of course important for your decision where to apply!

Thus, we offer the possibility of an online Q&A session in which you can get first hand information by the E&I Team (see end of presentation).

Prof. Franke also complemented the slides with an audio file – at least you get some more information than just the slides. Just click on the “speaker” symbol J!

Your choice of the right SBWL

PAGE 3

How many people does the average US company employ?

The average US company employs

10 peopledown from 25 in 1990

What do these companies have in common?

What do these companies have in common?

What do these companies have in common?

* 1976/1997

* 2003

* 2001 * 1987

* 2009

* 2004 * 2001

* 2006

* 2008 * 1998

* 1994

* 1997

What do these companies have in common?

* 2006

What’s behind this?

Innovation: New ways of creating value

New technologies New products New services

New combinations New processes New business models

Entrepreneurs: People discovering and exploiting opportunities

Mark Zuckerberg

Anita Roddick

Steve Jobs Larry Page

Muhammad Yunus Richard Branson

PAGE 12

What is the specialization E&I all about?

E&I is NOT about

Stupid memorizationOne way teaching

BoredomLoneliness

Multiple choice

Anonymity

What E&I is about

ApplicationKnowledge

+

E&I specialization courses

The specialization can be completed within 2 semesters. We recommend to take 2-3 semesters.

Course 1: E&I Core Lecture 1

Course 2: E&I Core Lecture 2

Course 3: E&I Zone

Course 4 and 5: E&I Project I and II

Kn

ow

led

ge

Ap

pli

cati

on

& N

etw

ork

ing Steering Innovation

Successfully

Private Equity und

Venture Capital

Challenges with

Open Innovation

InnoLab Consulting EduTech Strategy

Scenario Planning:

Anticipate DisruptionSocial Entrepreneurship

Business Planning

Leadership and Start-up

Management

Garage: Build your own

Start-up

FinTech &

Blockchain Lab

Knowledge

Application

Mix

E&I specialization courses

The specialization can be completed within 2 semesters. We recommend to take 2-3 semesters.

Course 1: E&I Core Lecture 1

Course 2: E&I Core Lecture 2

Course 3: E&I Zone

Course 4 and 5: E&I Project I and II

Kn

ow

led

ge

Ap

pli

cati

on

& N

etw

ork

ing Steering Innovation

Successfully

Private Equity und

Venture Capital

Challenges with

Open Innovation

InnoLab Consulting EduTech Strategy

Scenario Planning:

Anticipate DisruptionSocial Entrepreneurship

Business Planning

Leadership and Start-up

Management

Garage: Build your own

Start-up

FinTech &

Blockchain Lab

Knowledge

Application

Mix

Knowledge courses: Theory, tools, methods

How to find breakthrough ideas

How to design winning innovation strategies

How to finance innovation

How to write a business plan

How to organize the innovation process

How to market innovation

E&I specialization courses

The specialization can be completed within 2 semesters. We recommend to take 2-3 semesters.

Course 1: E&I Core Lecture 1

Course 2: E&I Core Lecture 2

Course 3: E&I Zone

Course 4 and 5: E&I Project I and II

Kn

ow

led

ge

Ap

pli

cati

on

& N

etw

ork

ing Steering Innovation

Successfully

Private Equity und

Venture Capital

Challenges with

Open Innovation

InnoLab Consulting EduTech Strategy

Scenario Planning:

Anticipate DisruptionSocial Entrepreneurship

Business Planning

Leadership and Start-up

Management

Garage: Build your own

Start-up

FinTech &

Blockchain Lab

Knowledge

Application

Mix

Application: Work on real-world business projects!

E&I students have successfully completed 1,000+ diverse innovation projects:

• Work in small teams (4-6 students)

• Apply methods like expert interviews, user surveys, business model canvas, etc.

• Get individual support from lecturers and external coaches like strategy consultants or venture capitalists

Application:Start your own business!

E&I students have successfully founded various start-ups during and after the E&I specialization:

• Work on your own ideas in diverse teams (WU, TU, BOKU)

• Validate your business model and learn how to pitch in front of investors

• Get unique insights from successful founders and experienced market experts

PAGE 21

The process of a “typical” E&I project course

January 2021December 2020November 2020October 2020

Internal kick-off

Project partner meeting

§ Get to know§ Coordination§ Discussion

E&I Touchdown

Project work

§ Desk research and/or data collection§ Application of specific methods to discover appropriate

solutions§ Development of recommendations Final presentation

Coachings

§ Presentation workshop§ Interview techniques

Mid-term presentation

Experience E&I …

… at the E&I Touchdown

- Entrepreneurship and Innovation in 45 sec -

June 18, 2020 5.30 p.m.

E&I students pitch their innovative solutions to a jury of experts and a broad audience,

competing for the Best-Pitch Award!

https://hopin.to/events/e-i-touchdown

Join us at the E&I Touchdown and confirm your attendance in the E&I booth to increase your chances in the application process. Admission is free!

Special times require special celebrations. We are proud to announce that

for the first time the E&I Touchdownwill take place online,

in cooperation with der brutkasten!

www.wu.ac.at/entrep www.wu.ac.at/ifsto

wuentrepreneurship

More information

E&I @wu.entrepreneurship.innovationInstitute for Entrepreneurship & Innovation, WU Vienna

If you have not yet found the information you need about the Entrepreneurship & Innovation specialization on our website, feel free to contact an E&I ambassador.

The E&I Ambassadors are current and former students of the SBWL and can give you first-hand insights into our specialization based on their personal experience. In addition, they are happy to provide you with support during your application phase.

https://www.wu.ac.at/entrep/lehre/bachelor/ei-ambassadors

More information - E&I Ambassadors

More information - E&I Ambassadors

Corinna [email protected]

Riheb [email protected]

Lenka [email protected]

Lara [email protected]

Janine [email protected]

Alexander Jerabek [email protected]

Carl Horlacher [email protected]

Stephanie [email protected]

Phillip [email protected]

§ 90 students admitted in winter term 2020/21

§ Criteria:

§ WU student ranking: If you are within the top 5% of your cohort, you will be accepted automatically. Please visit www.wu.ac.at/entrep/apply for more information!

§ Exceptional E&I skills:At least 30 students are accepted ONLY based on their skills

Application process

Same application

process for all WU

study programs!

Visit:www.wu.ac.at/entrep/apply

www.wu.ac.at/entrep/apply

à registration via LPIS and online application form is mandatory for all entry modes!

Important dates:

§ Aug 24, 2020: Application form online and application period starts§ Sept 06, 2020: Final application deadline§ Sept 09, 2020: Notifications about acceptance§ Oct 02, 2020: Welcome @ E&I

Application process

You are welcome to join us for an online Q&A session!

§ Get to know the E&I faculty§ Experience sharing by senior E&I students

§ Date: June 16§ Time: 16:00-18:00§ Location: MS Teams https://short.wu.ac.at/eandi

Do you have any further questions?

29

^^

Entrepreneurship

Innovation

ChallengesTeamwork Creativity

Performance

Practical projects

Fun

Thinking outside the box

Networking

ProfessionalityInteractivity

Risk