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Technology Entrepreneurship at Eindhoven University of Technology. Professor Leo Verhoef Faculty of Industrial Engineering & Innovation Sciences Eindhoven University of Technology. Overview. Background & regional setting Entrepreneurship education Incubator facilities
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Technology Entrepreneurship at Eindhoven University of Technology Professor Leo Verhoef Faculty of Industrial Engineering & Innovation Sciences Eindhoven University of Technology
Overview Background & regional setting Entrepreneurship education Incubator facilities Quo vadis (Challenges)
Background • Start-up of new technology-driven firms constitutes 1/3 of growth of the Dutch economy • In this respect, Dutch economy is underperforming relative to the international trend (2/3 of growth of economy) • Dutch government has therefore created several programs stimulating technology entrepreneurship • Eindhoven region leads this process (cf. Brainport)
Eindhoven region Helsinki • Eindhoven region shares 3rd place in EU ranking of most innovative (R&D intensive) regions Stockholm Göteborg Eindhoven Stuttgart München
Eindhoven University of Technology • Science & technology (research driven) university • Strategic partners include Philips, ASML, Dow, FEI, DAF, MMC and CZE • About 3,000 employees, 640 PhD's and 7,200 students • Technology transfer & commercialization: Innovation Lab • Various entrepreneurship programs: • Undergraduate and master students from all faculties • PhDs • Local and regional SMEs
Entrepreneurship Education at TU/e Certificate Technology Entrepreneurship Target: Incubation of Start-ups (Innovation Lab) Business venture/plan Minor Entrepreneurship Graduation projects Master classes in Techno Entrepr. Design-oriented learning (OGO) in each BSc program Skill Development Master class Final Project (8 Ects) MSc courses (9 Ects) Marketing Management Finance etc (22 Ects) Knowledge & Awareness TE courses in several other MSc programs Intro workshop Intro sessions Undergraduate Master PhD
GENERAL Funding/subsidies: acquisition & support IPR and legal Contracts Match making Coordinated external marketing and PR Business development Project management Infrastructure / facilities LARGE INDUSTRY Acquisition and account management Developing strategic collaboration SMALL & MEDIUM SIZE ENTERPRIZES Front office Project office and process management Contacts & matchmaking START-UPS Scouting, screening and coaching Incubator & start-up support Equity participation Entrepeneurship development & education Activities TU/e Innovation Lab
Challenges for the forthcoming yeaRS • Dealing with the tension between scholarly research ad the pragmatic demands of (start-up) companies • Creating full involvement of the whole university community in entrepreneurial activities, i.e. board, students, faculties and staff. • Embedding TU/e Innovation Lab in the academic community (by history: the odd one out) • Creating less dependency on external financial funds • Offering a valuable contribution of Entrepreneurship activities to the core activities of the university • Embedding the university in the local and regional SME community (visa versa) • Creating a real winner amongst the spin-offs (comparable to the situation at Harvard, M.I.T. and Stanford)