Entrepreneurship Summit 2013 in Berlin: Präsentation von Prof. Mark Harris

1

Prof. Dr. Sc. math. Dr. h.c.

Mark HarrisCEO and Founder

Adjunct Professor for Technology Entrepreneurship & Innovation

High Tech Entrepreneurship

Entrepreneurship Summit 2013October 19, 2013

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Where I am coming from…

While at Intel, responsible globally for Intel’s Entrepreneurship Programs, since 2006 brought Technology Entrepreneurship to 40 Countries 100 Technical Universities

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Technology Entrepreneurship & InnovationMSc Discipline

Technology Entrepreneurship& InnovationCore CoursesMSc~105 hrs

E-GovernmentFundamentals~60hrs

StudentCompany~60 hrs

E-CommerceFundamentals~60 hrs

OrganizationalBehavior~60 hrs

Financial ManagementAnd VentureFunds~75 hrs

InnovationManagementIn IT~75 hrs

StrategyManagement~60 hrs

Legal Issuesand E-Business~60 hrs

ProjectManagement~60 hrs

KnowledgeManagementAndTechnologyTransfer~60 hrs

CustomerRelationshipManagement~60 hrs

MarketingStrategies forHigh-TechCompanies~60 hrs

90 ECTS credits• 60 credits courses• 30 credits Master’s Thesis

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What is innovation ?

Innovation is an invention, paired with a process and a market

invention marketprocess

Entrepreneurship

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Technology Entrepreneurship The New Way Forwards EUR

Observations:

• EU 2020 declaration highly focussed (#1 issue) on innovation and entrepreneurship.

• Invention (ideas,patents ) is good, but commercialization is not.

• Very low VC activity in EU (1/5th US), huge equity GAP

• Attitude of entrepreneurship and failure not being an option a big hindering factor.

• Need to catch-up on some 20+ years of entrepreneurship education

• Need to broaden where and how entrepreneurship is taught

• Need to get EU success rates (20%) close to US (30%).

Criteria US Europe Comparison

Comment

GDP (2012) 16.82 T$ 16.56 T$Economies in same Ballpark

Domestic Patents (2009) 82000 135000

Europe invents +65% more (actually much more because no SW patents in Europe, CII)

VC activity (2012)(New Ventures) 26.5 B$ 3.6 B$

Europe only a fraction of US (EVCA)

% of population that consider entrepreneurship

67% 45%US is 50% higher

% of Population that become entrepreneurs

13% 4.5%US is 289% higher

% of population that accept possible failure in a startup

75% 54%

US 40% higher

Entrepreneurship Education since 1980’s Early 2000’s

Trying to catch up 20-25years of Education and attitude

Breadth (# types) 8 1-2

Programs in HE and now starting in K12

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What is Entrepreneurship ?

„The pursuit of opportunity beyond the resources one currently has under control“. *

* Source: Professor Howard Stevenson

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What is Technology Entrepreneurship ?

CashFlow

II III IVI

t

The technical invention

The company

The businessinnovation

Needed: Technology Entrepreneurship Skills Management Skills (MBA etc)

So Technology Entrepreneurship is not only „What“, but also „When“ !!

Derived: Prof. Jerry Engel UC BerkeleyEnhanced: Prof. Dr. Mark Harris

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8Slide:

Question: What is the shortest distance between points A and B ?

Sure, a straight line: A B

as long as we are in two dimensional space....

in three dimensional space, for example on a globe it is the

GREAT Circle (ARC)

A short excursion in Math:

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The Path (Trail) to New Ventures

Start(up)

Gazelle

loopforever

So what is the shortest path for a new venture ?

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Phase 4Angel Fundinginfrastructure

Phase 31st real BizPlansSummer schools

BootcampsSeed Funding

Phase 2Coaching

ConsultingMentoring

Experimental labsIndustry connections

Phase 1entrepreneurship

education, Educational BizPlan

Competitions

Phase 5VC / further scale

EducationalProcess

Real-life practice

Real companies

new ventures left on their own to bridge this gap

Collaboration with other new ventures

Engagement with Business Angels

Sweet SpotFor traditionalBusiness and

EntrepreneurshipEducation

New Venture Creation Pipeline Model

The need forpractitioners

Sweet SpotBusiness and

EntrepreneurshipEducationThrough

Practitioners

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Phase 4Angel Fundinginfrastructure

Phase 31st real BizPlansSummer schools

BootcampsSeed Funding

Phase 2Coaching

ConsultingMentoring

Experimental labsIndustry connections

Phase 1entrepreneurship

education, Educational BizPlan

Competitions

Phase 5VC / further scale

EducationalProcess

Real-life practice

Real companies

helps you to bridge the GAP !!

Entrepreneurship Education

Star

t(up

)Te

am(u

p)

Star

t-in-

Gar

age

Win

the

Mar

ket

Expe

rimen

tal L

abs

Dee

p Div

e

Sum

mer

Sch

ool

Boot

Cam

pGet

Tra

ctio

n (U

S)

NoCoI

(oth

er M

arke

ts)

Seed Funding

Services

12

Your path to success !!!

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Backup

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InnoVaventures Global Network of Experts

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InnoVaventures Network of

-in negotiation (Phase I)

-planned (Phase II)

-planned (Phase III)

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Network of Global Clusters of Innovation

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Literature:

Accompanying Literature:

Timmons/Spinelli New Venture Creation ISBN 978-007-125438-0

Steven Gary Blank The Four Steps to the Epiphany ISBN 0-9764707-0-5

Steve Blank, Bob Dorf The Startup Owner’s Manual ISBN 978-0-9849993-0-9

Geoffrey A. Moore Crossing the Chasm ISBN 0-88730-717-5

Clayton M. Christensen The Innovator’s Dilemma ISBN 0-87584-585-1

Henry Chesbrough Open Innovation ISBN 1-57851-837-7

Recommended Literature:

David J. Teece Managing Intellectual Capital ISBN 0-19-829-542-1

Annalee Saxenian Regional Advantage ISBN 0-674-75340-2

> www.innovaventures.com >NEWS>Blog>24 October American University in Bulgaria 3 Youtube Videos about 5 hours total.

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Prof. Dr. Mark Harris

Prof. Dr. Mark Harris is a seasoned executive with over 30 years of experience in the high-tech industry and in entrepreneurship. Prof. Harris recently retired from Intel to follow his passion in entrepreneurship and in new venture creation. While at Intel, Prof. Harris built Intel’s global Technology Entrepreneurship program together with UC Berkeley California’s Lester Center for Entrepreneurship. During this period Prof. Harris experienced first hand the difficulties, especially in Europe of building entrepreneurial Eco-Systems. Prof. Harris brought technology entrepreneurship curricula to over 100 technical Universities in over 40 countries.

Prof. Harris holds Masters Degrees in Computer Science and in Economics from the Technical University in Munich. He also holds a Professorship as Associated Professor for Technology Entrepreneurship and Innovation at the University Politehnica of Bucharest as well as at the University St. Kliment Ohridski of Sofia. He is also an expert for the Executive MBA Program at the Technical University of Munich and is a Senior Fellow at the International Entrepreneurship Academy Intentac. Prof. Harris is also on the executive board of Informatics Europe as well as on advisory boards of collaborating or invested companies.In 2007 Prof. Harris received a Doctor honoris causa from the St. Kliment Ohridski University of Sofia and also received the “Blue Ribbon of Sofia” the highest recognition for academic achievement the University of Sofia awards.In 2010 Prof. Harris received a Doctor honoris causa from the University Politehnica of Bucharest.

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Prof. Dr. Mark Harris

My Contact Details:

Email: mark.harris@innovaventures.com

Tel.: +49 8063 256 9070

Mobile: +49 15 12 12 388 12