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Teaching the Small Business/Entrepreneurship Course USASBE Annual Conference January 8, 2009. Entrepreneurship Program. The Team. Mary Abrahams David Allen Kendall Artz Les Palich Bill Petty Marlene Reed. Contact Info. mary_abrahams@baylor.edu
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Teaching the Small Business/EntrepreneurshipCourseUSASBE Annual ConferenceJanuary 8, 2009 Entrepreneurship Program
The Team Mary Abrahams David Allen Kendall Artz Les Palich Bill Petty Marlene Reed
Contact Info • mary_abrahams@baylor.edu • jdavid_allen@baylor.edu • kendall_artz@baylor.edu • les_palich@baylor.edu • bill_petty@baylor.edu • marlene_reed@baylor.edu • Phone: 254.710.2261
Agenda 8:15 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 Break 10:15 – 11:15 Finance II (Bill) 11:15 – 12:00 Business Plan (David & Kendall) 12:00 – 1:00 LUNCH 1:00 – 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)
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.
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
Program Organization Baylor Entrepreneurship Program Kendall Artz – Director Les Palich – Assoc. Director John Baugh Center for Entrepreneurship Director: David Allen Center for International Technology Ent. Director: Greg Leman Ent. Living & Learning Center Director: Mary Abrahams Franchising Center (In Process) Curriculum/ International Programs Les Palich Research Ph.D. faculty Programming/ Fundraising
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
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
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
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.
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
Undergraduate Entrepreneurship Curriculum 15 hour undergraduate major with 5 available concentrations - International entrepreneurship - Social entrepreneurship - Technology entrepreneurship - Corporate entrepreneurship - Family Business
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
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)
Bill Petty 2007– Designated “Master Teacher” at Baylor University 2008 National Entrepreneurship Educator of the Year (Acton Foundation)
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
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