Welcome… “An investment in knowledge always pays the best interest.” Ben Franklin (1706-1790) Innovation & Entrepreneurship

Welcome…

“An investment in knowledge always

pays the best interest.”

Ben Franklin(1706-1790)

Innovation & EntrepreneurshipInnovation & Entrepreneurship

http://www.wimp.com/countriesyears/

“Turbulent Changing Times…”

Uncertainty

“…Jobs and Careers…Business and Industry…”


http://ecorner.stanford.edu/authorMaterialInfo.html?mid=2390

Yet…All of Us…

Have A Chance of a Lifetime

“…We Will Shape and Determine The Future…”



Let’s Get Started…

Welcome to

GEB 5516 and GEB 4152

Technology Commercialization And

Technology Entrepreneurship


Getting Started…Tonight

1. Introductions2. Innovation and Entrepreneurship3. Class Workshop-Current Trends4. Next Steps

Welcome to

GEB 5516 and GEB 4152Technology Commercialization & Technology Entrepreneurship



Introductions…

I’m Tom O’Neal…

Welcome to



7

Why listen to me?Why listen to me?

1980’s

EngineerAssociate Director @

CREOL

Associate VP

1990’s 2000’s

BSEE

1970’s

Entrepreneur

Founding Director UCFTI now UCFBIP

MSEM, MBA, PhD

Faculty

Mgmt/IEMS

Entrepreneur

Dr. Thomas O’NealAssociate VP for Research and CommercializationExecutive Director UCF Business Incubation ProgramExecutive Director GrowFL12201 Research ParkwayOrlando, FL [email protected]


Introductions…

And You Are…?

Welcome to




IntroductionsInnovation and EntrepreneurshipClass Workshop-Current Trends

Next Steps

Welcome to




“…The Potential is Tremendous….”

Opportunity, Growth and Wealth

Innovation Requires Energy, Effort and Time….

http://www.wimp.com/countriesyears/

So What…Who Cares…Why You Innovation Entrepreneurship Investment Knowledge Wealth



Innovation…

Why Innovate?


http://www.ushistory.org/Franklin/pictures/images/fap165.jpg

Let’s Discuss…Why Innovate

Innovation “Solve” a Problem “Improve” the Quality of Life “Preserve” Something Good


Entrepreneurship

What Does an Entrepreneur Do…?

Who Might They Be…?

Innovation & Entrepreneurship Innovation & Entrepreneurship

The Entrepreneur ….

An Entrepreneur Organizes, Operates and Assumes Risk for a Business Venture


Let’s Discuss…

The Characteristics of Entrepreneurs…


http://www.youtube.com/watch?v=Qxt5NL2FN8E&feature=player_embedded

Entrepreneurs…

What About You…?



Successful Entrepreneurs Are Principles Based…

Ethical ConductVision & ValueFocus & DeterminationAbstract Thinking & Pragmatic ExecutionCommercialization Flexibility


Investments in Innovation…

Commitments!!! Passion Vision CASH FLOWS


Innovation &Entrepreneurship Innovation &Entrepreneurship

Knowledge - UCF patents rank in Top Ten -Again - 2009 -

http://www.spectrum.ieee.org/patentsurvey2008

Knowledge… Knowledge is Valuable…!!!



Wealth…

Entrepreneurs…


http://upload.wikimedia.org/wikipedia/commons/e/ef/MarkZuckerberg.jpg

http://upload.wikimedia.org/wikipedia/commons/b/b9/Steve_Jobs_Headshot_2010-CROP.jpg

http://www.ushistory.org/Franklin/pictures/images/fap165.jpg

UCF Research FoundationUCF Research Foundation

What’s Hot…

Knowledge, Vision and Execution

Digital, Molecular & Nano Infrastructures, and more…

Life Sciences

Energy, Clean Tech, Green Tech

Environments, Platforms, Systems and Connectivity


Let’s Discuss The Class….

Opportunities

Challenges

Strategies

Planning

Execution

Performance


Major Deliverables….

Your Entrepreneurial Challenge

Your Class Participation!!!

The Elevator Pitch…(30%)

The Venture Project…(40%)


Your Commitment …

Do the Work and Earn Your Grade…!!!

(Maybe your first experience with entrepreneurship)

Vision to Reality Vision to Reality

“Tis easy to see, hard to foresee.”Ben Franklin(1706-1790)

------------------------------------------------

“People often fail because they trade what they want most for what they want now.”

Vision To RealityVision To RealityThe Road Ahead…

Part One: Opportunity

Part Two: Feasibility

Part Three: Planning

Part Four: Growth and Change

Elevator Pitch and Venture Presentations---------------------------------------------------------------------------------------------------------------------------------

Now ….”A Group Exercise” – Current Trends

Class WorkshopClass Workshop

Break into groups of 4-5 people

As a group, discuss and agree on 3 current trends that may affect your pursuit for a

professional career and/or business Idea.

Present Three Trends and WHY… > One power point, no more than 6 bullet points

Class WorkshopClass Workshop

Break out….

One power point, no more than 6 bullet points

Three Current Trends…

Trend One… And Why Trend Two… And Why Trend Three… And Why

Vision to RealityVision to Reality

* Workshop Observations…

Wrap Up….The Syllabus

On The Website

Next Week…

The Journey Continues…

http://oneal.research.ucf.edu/Class/syllabus.html

http://oneal.research.ucf.edu/

Vision to Reality Vision to Reality

Thank you for tonight

Great to see you here

Let’s be entrepreneurial together this semester

Documents

Welcome… “An investment in knowledge always pays the best interest.” Ben Franklin (1706-1790) Innovation & Entrepreneurship