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8/28/2013 1 Department of Strategic Management and Marketing Leopold-Franzens-Universität Innsbruck Universitätsstraße 15, 6020 Innsbruck www.uibk.ac.at/smt/innovation-entrepreneurship/ From a Research University to an Entrepreneurial University“ Johann Füller CEO HYVE AG Fellow, NASA Tournament Lab - Research at Harvard University Magna Stiftungsprofessur Innovation und Entrepreneurship [email protected] Innovation und Entrepreneurship From a Research to an Entrepreneurial University Research University Teaching + Research Teaching: well educated graduates Research: Successful projects, new insights & knowledge; prestigious publications Entrepreneurial University Teaching + Research + Entrepreneurship: Educate and coach students to start their own business Empower students to create and exploit innovative solutions Source: (Etzkowitz and Zhou 2008; Etzkowitz 2002; Etzkowitz et al. 2000) Reason: In a „Knowledge-Based Economy“, universities are in a dominant position. Responsibility to contribute to the economic and societal development.

The entrepreneurial university - Prof. Dr. Johann Füller

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Apart from having the duty to teach their students relevant knowledge and skills to succeed in their later careers, it will be demonstrated that universities increasingly focus on ways in which they can play a bigger and more active role in enabling young professionals to create successful startups. It will be shown how cooperations of universities with already established companies can leverage previously-untapped innovation potential.

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Page 1: The entrepreneurial university - Prof. Dr. Johann Füller

8/28/2013

1

Department of Strategic Management and Marketing Leopold-Franzens-Universität Innsbruck

Universitätsstraße 15, 6020 Innsbruck www.uibk.ac.at/smt/innovation-entrepreneurship/

From a Research University to an „Entrepreneurial University“

Johann Füller

CEO HYVE AG

Fellow, NASA Tournament Lab - Research at Harvard University

Magna Stiftungsprofessur Innovation und Entrepreneurship

[email protected]

Innovation und Entrepreneurship

From a Research to an Entrepreneurial University

Research University Teaching + Research

Teaching: well educated graduates

Research: Successful projects, new insights & knowledge; prestigious publications

Entrepreneurial University Teaching + Research

+ Entrepreneurship: Educate and coach students to start their own

business

Empower students to create and exploit innovative solutions

Source: (Etzkowitz and Zhou 2008; Etzkowitz 2002; Etzkowitz et al. 2000)

Reason: In a „Knowledge-Based Economy“, universities are in a dominant position.

Responsibility to contribute to the economic and societal development.

Page 2: The entrepreneurial university - Prof. Dr. Johann Füller

8/28/2013

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Innovation und Entrepreneurship

Characteristics of an Entrepreneurial University

• Credentials of entrepreneurial university

Build inter-disciplinary approaches

Establish action-oriented teaching

Offer specific programs for undergraduate, graduate, postgraduate; PhD students.

Integrate real entrepreneurs + practitioners

Promote success cases

• Responsibility of entrepreneurial university

Set up a strategy and an action plan

Create entrepreneurship education department

Offer introduction to entrepreneurship and self-employment to all undergraduate students

Set up incentive systems for faculty, acknowledge value

Develop clear IP rules

Award academic credits for practical work on start-ups , provide flexibility

Viable businesses arise from technical, scientific and creative research

(EU-Study 2008)

Innovation und Entrepreneurship

Entrepreneurial Process

Ew

oke

Aw

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ness

Gen

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Inte

rest

Pro

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e

Kn

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-Ho

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Fin

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Bu

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ess I

dea

Bu

ild

Team

s

Sta

rt

Co

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ies

Get

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Netw

ork

s

Su

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Teaching: + Excecutive Training + Coaching + Projects

Infrastructure: Labs + Science Parks + Inkubators

IP-Leverage: Technology- und Patent licensing

Industry Cooperations: Contractual Research + Consulting

Ressearch: Kowledge Transfer+ Events + Conferences

ENTREP.

CULTURE

Role Models (Profs.; Assistants, Stud.)

COMMITMENT

Inside University Outside University

FACULTIES

• Mathematik,

Informatik und Physik

• Architektur

• Betriebswirtschaft

• Bildungswissen.

• Biologie

• Chemie u. Pharmazie

• Geo u. Atmosphärenw.

• Politik u. Soziologie

• Technische W.

• Volkswirtschaft u. Stat.

• Theologie

• Kulturwissenschaft

• Philosphie

• Rechtswissenschaft

• Education

INTERDISCIPLINARY

Page 3: The entrepreneurial university - Prof. Dr. Johann Füller

8/28/2013

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Innovation und Entrepreneurship

Triple Helix Structure

Incu

ba

toio

n

Entre-preunal

Academics

Academic Industrialists

Business Conditions

Government

Innovation und Entrepreneurship

Impact of Entrepreneurial Universities: Stanford University

• Successful Stanford Start-Ups: HP; Google; Yahoo; Sun Microsystems...

• License revenue in 2003 > $ 45 millions; Capital of Stanford Foundation > $ 15 billions; (Nelson/ Byers, 2005)

• Impact: approx. 60% of all Silicon Valley revenues between 1988 and 1996 stem from „Stanford Start-Ups“ (Gibbons, 2000)

• Stanford Industrial Park: “The Engine” of Silicon Valley (Weiler, 2003)

• Center for Entrepreneurship Studies (CES): > 50 regular courses

Page 4: The entrepreneurial university - Prof. Dr. Johann Füller

8/28/2013

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Innovation und Entrepreneurship

Community: A close-knit peer community of the best Stanford entrepreneurs

who learn from, motivate, and support one another

Alumni Network: A network of 250+ high quality StartX alumni founders in all

industries and from all backgrounds who have raised on average $1.5M per

company

Mentorship: Top tier mentorship from 200+ highly-vetted serial entrepreneurs,

investors, and industry experts

Training: Access to training and information from relevant experts in any

industry to guide founders in every aspect of starting a company

Resources: Over $100,000 of free resources: office space, free legal,

banking, $60k cloud computing, accounting, software, and more

Financial Aid: We offer need-based financial aid to our founders

Innovation und Entrepreneurship

Page 5: The entrepreneurial university - Prof. Dr. Johann Füller

8/28/2013

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Innovation und Entrepreneurship

How is Germany Doing?

• unternehmertum Founded: 2002

Managing Director: Dr. Helmut Schönenberger

Employees: 50+

• Annual Results > 50 Teams

> 20 Startups

> 10 Innovation Projects

>1.000 Students

• Offering – UnternehmerTUM GmbH: Teaching & Coaching

– UnternehmerTUM Projekt GmbH: Innovation Consulting & Incubation

– Unternehmer TUM-Fonds: Venture Capital for High-Tech-Startups

Innovation und Entrepreneurship

How is Germany Doing?

Page 6: The entrepreneurial university - Prof. Dr. Johann Füller

8/28/2013

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Innovation und Entrepreneurship

Interesting Initiative in Austria

Innovation und Entrepreneurship

Entrepreneurship SS 2013

„Perceived disability is leveraged as a talent“

social collaboration and knowledge management

Medical Database

Symptom Checker

Solution to all flat issues

DEMOCRATIC LIVE SHOPPING

Page 7: The entrepreneurial university - Prof. Dr. Johann Füller

8/28/2013

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Innovation und Entrepreneurship

SUMMARY

• Necessity to Switch to an Entrepreneurial University

• Interdisciplinary Entrepreneurship Courses for all Students

• Creation and Support of Start-ups and Spin-offs at Universities

• Strong Collaboration between University-Industry-State (Triple Helix)

• Establishment of Entrepreneurial Culture through Education

• Support of Role Models

• Strengthen Research on Innovation and Entrepreneurship

Department of Strategic Management and Marketing Leopold-Franzens-Universität Innsbruck

Universitätsstraße 15, 6020 Innsbruck www.uibk.ac.at/smt/innovation-entrepreneurship/

THANK YOU!

Johann Füller

CEO HYVE AG

Fellow, NASA Tournament Lab - Research at Harvard University

Magna Stiftungsprofessur Innovation und Entrepreneurship

[email protected]

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