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Born or Bred Survey Results How much of successful entrepreneurship is based on a skill set and how much is derived from innate ability? Check out the results. |
| News
8/7/08 NATIONAL COLLEGIATE INVENTORS AND INNOVATORS ALLIANCE (NCIIA) Awarded The School of Technological Entrepreneurship was formed to foster education and research for high-technology entrepreneurship with the imperative to develop multi-disciplinary programs. With this in mind, Professors T. Marion (PI) and J. Friar teamed with Prof. Sagar Karmarthi (College of Engineering) on a proposal entitled "Development of a Multi-Disciplinary New Product Development Course Curricula." "Reviewers were enthrusiastic about the proposal; they liked the approach and the plan for implementation." The award brings $29,000 of support. 7/7/08 STE Faculty recieve grant from the North American Case Research Association (NACRA) A proposal written by Professors John Friar and Tucker Marion entitled, "Cases for a Multi- Disciplinary New Product Development Course", was awarded by the North American Case Research Association (NACRA). The proposal will receive $10,000 grant funding for the 2008-2009 academic year. This proposal was one of two proposals, out of 31 received, that were selected for funding this year. The proposals went through two rounds of review. Each was reviewed independently by two reviewers. The finalists from this round were then reviewed by another committee, which made the final decisions. The STE proposal 'greatly impressed our reviewers at all levels,' according to NACRA. 6/26/08 Dean Zavracky among finalists for the Mass Tech Leadership Council's Technology Leadership (MassTLC)Awards From the Mass Technology Leadership Council Press Release:
5/22/08 Marion named Dell Design Educator Awardee Assistant Professor Tucker J. Marion of the School of Technological Entrepreneurship (STE) has just been named as a recipient of Dell's Design Educator Award. The reward is a result of efforts in 'Managing a Technology-Based Business,' a core course of STE's Masters program. Four student multi-functional teams were formed to develop conceptual designs for Dell's ReGeneration Competition. Students were given the task of conceptual design and development of sustainable computing systems. The teams were given a budget and were able to manage outside industrial designers, simulating the start-up environment. Projectd included energy efficient laptops and home power management solutions. The spirit of the project competition will continue next year in STE's Product Development class which will include collaboration with Mass Art. 4/9/08 Dell Regeneration Design Competition In time for Earth Day 2008, STE students recently submitted projects to the Dell Regeneration Design Competition. The students formed cross-functional teams and worked throughout the semester to develop green, sustainable concepts for Dell. During the course, Managing a Technology-Based Business, students selected a project manager and were able to work with industrial designers outside Northeastern, learning how to effectively manage a technical start-up in the early stages of product design. Concepts were refined, renderings and CAD models developed, and power consumption analyzed. Concepts ranged from Tween laptops to home power management tools. Click below to view some of the projects. 1/31/08 Graduate students organize night out with STE Faculty and Staff The graduate MSTE class of '08 organized a night out with the faculty and staff from the School at Whiskey's, a local pub and eatery on Boylston Street in Boston's Back Bay. The event was a great success with the Dean, faculty and staff participating. See the photo page. 8/2/07 MSTE Class of '07 presents business plans to angel investors The graduate MSTE class of '07 spent the year developing their skills learning how business principles apply specifically to high growth high tech ventures. During their summer semester, three of the projects they worked on during the year were selected for business plan development. Students formed teams to write and present their businesses. Angel investors Joseph Caruso['65 BSEE], Sam Altschuler ['58 MBA] and John Martino volunteered to listen to the presentations and provide feedback to the teams. See the photo page. 8/2/07 STE Plans Launch of EntreTech Forum The EntreTech Forum is being launched this Fall with a regular schedule of monthly meetings. Each will feature a moderated panel providing technology-innovation presentations. These will focus on entrepreneurial and corporate accomplishments along commercialization pathways with discussions of technology transfer and incubation from universities and industry. The subject of financing and deal structure will be included along with presentations of emerging academic research. The open meetings will be held in Waltham at the Emerging Enterprise Center of Foley Hoag and at campus locations. The EntreTech Forum will be an affiliate of Northeastern University’s School of Technological Entrepreneurship (STE) and will be directed by an executive board of business principals, investors, and researchers. The Forum will serve entrepreneurs and investors, commercial-industry and academic communities, inventors and technology researchers within a framework of technology-market collaboration and networking. In addition, a brand recognition and community visibility will accrue to the School of Technological Entrepreneurship. A Working Group/Leadership Team is being formed now to help organize the forum events. Larry Grumer [’74 BSME, ’85 MBA] a Northeastern University alumnus and entrepreneur has agreed to direct the organizing activities and lead the execution. The Leadership Team’s participation will take the form of working on and leading committees such as Alliances, Programs, Communications, Industry Liaison, Meeting Logistics, etc. and become the governing board of the forum. The EntreTech Forum meetings are going to be held on the third Tuesday of each month 6:30-9:30pm at the Emerging Enterprise Center at Foley Hoag Suite Number: 4000, North Entrance 1000 Winter Street Bay Colony Corporate Center Waltham, MA 02451. On-campus special-event meetings are planned to be held at the new Northeastern University Alumni Center. The first meeting is scheduled for October. Please attend. Volunteers working on the program are listed below:
If you are interested in helping organize this event, please contact Larry Grumer (lgrumer@taacorp.com). 8/1/07 Tucker Marion joins STE faculty
Tucker Marion graduated Bucknell University with a degree in Mechanical Engineering; then spent the next seven years at Ford Motor Company and Visteon Corporation launching new automotive electronics. During that time he completed a Masters at the University of Pennsylvania and Wharton School in Technology Management. In 2001, he co-founded the Innovation Factory, where he headed product development and operations. He left the Innovation Factory in 2004 to begin FlashPoint Development, a small product development consulting firm based in Philadelphia. Tucker began Ph.D. work at Penn State in late 2004, and upon completion in early 2007 he was enlisted by the School of Technological Entrepreneurship where he will teach and continue his research in product development and innovation. 6/4/07 Larry Bennett Signs on to help with Business Competition The Deans and faculty of the School of Technological Entrepreneurship and the College of Business Administration plan to re-energize and restructure the original, but dormant, Northeastern University $60K business plan competition. To get the ball rolling, we engaged a visiting scholar for the summer. Larry Bennett, who is the Whitman Professor of Entrepreneurial Practice at Syracuse University, formulated our approach. The new model for the "Northeastern $120K Venture Creation Competition" will revolve around identifying high growth new businesses from among the NU alumni, faculty, student body, as well as other aspiring entrepreneurs from around the world. 3/6/07 Northeastern EntrepreneurshipWeek USA Success By all measures, the EntrepreneurshipWeek USA series of events held at Northeastern University during the week of February 26th was a major success. Planning for the event was overseen by Professor Anthony De Ritis, Chair of the Music Department and active participant in the formation of the STE and its programs. Learn about all the activity through podcasts and vodcasts at www.neu.edu/eweek. This event was made possible with generous support from :
2/26/07 Northeastern Co-sponsors State-wide E-week Event The National Collegiate Inventors and Innovators Alliance (NCIIA), Massachusetts Technology Transfer Center (MTTC) and Northeastern University (NEU) sponsored the first ever state-wide Mass Entrepreneurship event, as the Massachusetts kick-off to EntrepreneurshipWeek USA. Mass Entrepreneurship is the first-ever gathering of technology entrepreneurship programs and organizations within the state of Massachusetts. The event was held at the Langham Hotel, Boston, on Monday, February 26th at 1:30pm. Senator Kerry and Mayor Thomas Menino presented the keynote address. Immediately following, the results of a survey taken of the Entrepreneurial support organizations and centers throughout the state was presented. That was followed by a panel discussion with panelists Roger Marino (NU E’61, Hon.’96), Founder, EMC and Angel Investor, Dr. Richard Lester, Founding Director, Industrial Performance Center (IPC), MIT, and Representative Dan Bosley, MA State Legislature & co-Chair of Technology Economic Development Committee moderated by Dean Zavracky. They responded to the survey that assessed the collective assets, needs and potential for collaboration to improve our state's effectiveness in supporting new technology startups. 
11/15/06 The STE joins EntrepreneurshipWeek USA The Kauffman Foundation is launching EntrepreneurshipWeek USA -- along with a group of sponsors including the New York Times and Inc. magazine – to ignite the nation’s consciousness around the importance of being entrepreneurial. The initiative will be designed to stimulate on-going interest from individuals and organizations serving as an educational kick-start for the uninitiated, and an inspiration for young people to begin a journey to fulfill their potential as self-starters and entrepreneurs. The School of Technological Entrepreneurship, in partnership with the National Collegiate Inventors and Innovators Association and the Massachusetts Technology Transfer Center, is organizing a state-wide event planned for February 26, 2007 in which participants from entrepreneurship programs and organizations around the state will have the opportunity to network. This event will be followed by a week of activities at Northeastern University and other universities around the state. For more information see upcoming events. 10/31/06 Grant from the Keel Foundation The grant from the Keel Foundation will help launch the STE’s newest initiative; an experiential program component dubbed an I-cubator. An I-cubator is a company-like organizational structure with thematic focus comprising a Chairman, a professional manager, a board of directors, and student teams lead by student leaders. Teams focus on innovative ideas, vetting them both technically and from a market perspective while creating prototypes and generating business plans. This grant will enable the school to create two I-cubators; one focused on Digital Media and the other on BioTechnology. Northeastern has successful research centers in both areas. 10/19/06 Results of National Survey of Entrepreneurs Are entrepreneurs born or are they bred?
A recent national survey conducted by Northeastern University’s
School of Technological Entrepreneurship (STE) goes directly to
the source to find out. The survey results, released in conjunction
with the launch of the STE, self-assess the personal experiences
and attributes that have contributed to entrepreneurs’ success.
10/5/06 Entrepreneurs: Born or Bred The STE is planning a panel discussion on the topic of entrepreneurs: Born or Bred (see Upcoming Events). We have also posted and plan to continue posting podcasts on this and other topics of interest to aspiring entrepreneurs. We are working with fellow alumnus and entrepreneur Steve Cody, whose PR firm, PepperCom, has been interfacing with Northeastern's marketing team on this project. See what Steve had to say about the born vs. bred issue on September 29 here. One of the blogs we’ve been reaching out to, Mind Petals, has posted a story on the born v. bred debate and included links to STE’s podcast series and the survey. Mind Petals is designed to connect entrepreneurs from all over the world, with the goal of creating the most effective Entrepreneur Network on the internet. You can see the story he posted on September 29th here. A second very interesting entrepreneurial blog site is SportsLizard Entrepreneurial Blog. Read what Adam McFarland had to say on September 30th here. 9/5/06 STE Meet and Greet The School of Technological Entrepreneurship welcomed it's first class of graduate students with a 'Meet and Greet' comprising STE faculty, the Dean, Susan Lawless and a good showing of the new graduate class. The Dean introduced the program and the participating faculty members. Then each faculty member provided a brief background and if teaching this semester, a description of what they intend to accomplish. Subsequently, everyone attending had the opportunity to mingle.
8/23/06 George and Ellen Kariotis Support STE Students A gift from George and Ellen Kariotis establishes an endowed scholarship fund for the STE. This fund will provide support to students projects. In its implementation, students will submit ideas for evaluation by a committee consisting of representative each from the STE, Engineering and Business. The selection committee will select worthy and deserving recipients for awards based on their submissions. Projects will be evaluated for originality, technical feasibility, and market potential. Students will be required to present their ideas and will be judged based on their enthusiasm, determination and salesmanship. Two $5,000 scholarships will be available to undergraduates and one $5,000 is available for graduate students. 4/28/06 Training Future Entrepreneurs A panel discussion held on April 27th involving successful alumni Bob Davis, Roger Blethen, Dennis Shaughnessy and middler Jason Evanish was by all accounts a spectacular success. Held as part of the NU Today Alumni Event, an audience of over 100 alumni and friends attended the event. The presentation kicked-off with Jean Tempel's public announcement of The Jean C.Tempel Professorship Fund, to which Dean Paul Zavracky will be the designated inaugural holder. The panel responded to four prepared questions each with his own particular perspective. Bob Davis held the audience captivated talking about how his firm and other VC firms identify opportunities, focusing heavily on the quality of the management team before assessing the idea being presented. Bob noted that entrepreneurs want to swing right into their pitch, but his firm starts with a more general discussion so that they can evaluate the team. Roger Belthen, in answering a question about what entrepreneurs need to know observed that these days running out of money wasn't highest on his list and wonder if learning Chinese might be more important in today's world. To a question regarding finding technological ideas at universities, Dennis noted that the difficulty and time involved in identifying the research strengths at universities can be a potential barrier to getting university IP commercialized. Our student panel member was very articulate in expressing the student perspective and noted the importance and value he found in meeting successful alumni and listening to them present their experiences. Numerous questions were raised by the audience including President Freeland who wondered what was the special DNA in NU students and alumni that produced so many successes. 4/28/06 Advisory Board Meeting to be held May 23, 2006 The next advisory board will be held on May 23, 2006 at 8:00 am. A room is currently being secured and will be posted as soon as that information is available. 3/23/06 Robert J. Shillman Endows Chair Robert (Bob) Shillman has agreed to endow a chair in the School of Technological Entrepreneurship. A long time friend of Northeastern and alumnus (E'68), Bob is the founder and CEO of Cognex Corporation. Bob also holds a position on Northeastern's Board of Trustees. Bob's generousity will help the school attract an outstanding faculty member to the school and further the school's objective of being the leader in Technological Entrepreneurship education and research. 3/20/06 STE to offer two Courses in Summer 1 The School of Technological Entrepreneurship will offer two undergraduate courses during the summer 1 session. The courses will be TEN301 Opportunity Assessment taught by Professor Crane and TEN310 Business Basics taught by Professor Clark. For further details see the undergraduate elective flyer. 3/10/06 STE prepares Master's Program The School of Technological Entrepreneurship will offer its first masters courses this fall. Its faculty are working diligently to finalize the course syllabi and complete the paperwork necessary to get them approved by the Registrar. The program expects to assist students in developing ideas into marketable products. Students will learn how to assess opportunities, establish small company operations, protect intellectual property, create a quality business plan and pitch investors. The program will comprise 10 courses of three credits each and take a minimum of one full year to complete. Given the response from students from differing backgrounds, the School has decided to accommodate recent graduates, experienced technologists, and part-time students. Four courses will be offered in the fall, accommodating the needs of the full time students. 3/10/06 Jean Tempel shows continued support As the founder of The School of Technological Entrepreneurship, Jean Tempel challenged the University to create a school that taught students from a variety of disciplines what it takes to start high growth technology-based companies. Jean’s background as a Venture Capitalist gives her significant insight into the issues facing young entrepreneurs. Jean saw the need for formal training and the value Northeastern brings to the table. As a Northeastern University Trustee Jean understands the strengths of the University and its unique position in New England, the United States and the world. Jean is continuing her support by providing the dean with an additional endowment that will help fund programs for the school. 3/10/06 Strong showing for Undergraduate Program This semester, the undergraduate program
has rebounded from a slow start to the year in the fall semester.
Forty four students are currently enrolled in two courses offered
this semester by the School. The course taught by professor Fred
Crane addresses the methods used to assess opportunities for technology-based
products. The second course is taught by Professor Ben Compaine
and focuses on business basics. A total of about one hundred and
forty students have taken part in the program since its inception
in the spring of 2004. The School will begin a more active marketing
campaign and hopes to increase student enrollment to about one hundred
students within the next two years.
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