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Role of ‘ Entrepreneurship Education ’ in Promoting Entrepreneurship & Innovation

Role of ‘ Entrepreneurship Education ’ in Promoting Entrepreneurship & Innovation. Adj.Prof. Dr. Martin Haemmig Senior Advisor on Venture Capital Stanford University – SPRIE & Member of REE (Roundtable of Entrepreneurship Educators, STVP). The Entrepreneurial Ecosystem.

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Role of ‘ Entrepreneurship Education ’ in Promoting Entrepreneurship & Innovation

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  1. Role of ‘Entrepreneurship Education’ in Promoting Entrepreneurship & Innovation Adj.Prof. Dr. Martin Haemmig Senior Advisor on Venture Capital Stanford University – SPRIE &Member of REE (Roundtable of Entrepreneurship Educators, STVP)

  2. The Entrepreneurial Ecosystem Source: World Economic Forum (12-2008)

  3. Entrepreneurship Education Teaching:‘What / How / Where / Who’ Source: World Economic Forum (12-2008)

  4. Stanford’s View on “Entrepreneurship Education”to Promote Entrepreneurship & Innovation • Entrepreneurship education has significantly influenced general management education over just a few decades. • Entrepreneurship curricula have become much more sophisticated than simply teaching students how to write a business plan. • Entrepreneurship education is playing a beneficial “unifying” role across traditional scholarly boundaries within management education. • Entrepreneurship educators tend to be leaders in the trial and implementation of the latest advancements in teaching techniques and technologies. • Entrepreneurship education is truly part of a global phenomenon. • Entrepreneurship educators continues to create a wealth of innovative teaching materials and curricula at a remarkable pace. • The difficulty to find assessment metrics that encapsulate the value of entrepreneurship education impact. Source: Tom Byers, Co-Director Stanford University (STVP_10-2008); Dr. Martin Haemmig

  5. INDIA: VC Deal Flow by Development Stage, 1Q-3Q/2008(% of # deals) Startup Product Development Revenue (pre-profit) Profitable Source: Dr. Martin Haemmig / Data: DowJones (Bangalore_12-2008)

  6. INDIA: VC Investment by Industry Groups(% of # deal) Europe United States 1’273 1’049 1’087 616 2’493 2’647 2’782 1’916 Mainland China India 176 270 281 186 23 41 80 60 ½  ITSv. Source: Dr. Martin Haemmig / Data: DowJones (Bangalore_12-2008)

  7. 2’010 (19%) 334 (17%) 453 3’725 (3%) (14%) 274 (7%) 22 (11%) 37 (2%) 7 (3%) 98 (48%) 204 (63%) 15 (3%) 74 (2%) 2008-05: Start-ups “Sales but Pre-Profit” Going Global PRE - PROFIT: of 6’475 companies, 16.4% (1’062) with international office PROFITABLE: of 2’826 companies, 16.8% ( 475) with international office 1 (0.2%) 72 (2%) 108 (3%) Source: Dow Jones/VentureSource, Dr. Martin Haemmig (J.Canning._05-2008)

  8. Innovate or Die …. foster “Entrepreneurship Education” Source: Martin Haemmig

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