Leadership Position in Technology Entrepreneurship & Commercialization May 31 2012
1. Leadership position in technology
entrepreneurship & commercialization
Fourth 2012 TIM Lecture
May 31, 2012
2. Agenda
• Introduction Dean Jerry Tomberlin
• Remarks President Roseann Runte
• Overview Tony Bailetti
• Engage with initiatives Steven Muegge
• Showcase Michael Weiss
• Engage with ventures Michael Weiss
• Closing remarks Tony Bailetti
2
3. Objectives
• Thank individuals & organizations
• Validate 7 proof points to attain leadership
• Engage community talent with initiatives to attain 7
leadership proof points & help key organizations
achieve their own proof points
• Showcase student talent: theses, projects & ventures
• Engage community talent with students’ ventures
3
4. Thank you!
President Vice-President Dean Jerry Dean Rafik Wesley Nicol
Roseann Runte Kim Matheson Tomberlin Goubran
4
5. Many, diverse, cross-disciplinary
e
T he Edg
Docto
ra
Bache l program
lo
Minor r of Comme
in Ent r
repren ce in Entre
eurshi preneu
p rship
@Carleton
Ide as Greenhouse
RCTI
Car
leton
Ent
repr
eneu
rs
TIM Entrepreneurs lu b
und ers C
F o
Born Sprott
Centre LTW
TIM Lecture Social fo
Global Series Enterpr r 5
i ses
6. Institute for TEC
LTW Founders Club
Institute for Technology
Entrepreneurship and Commercialization (TEC)
M.A.Sc.
M.Eng.
TIM Lecture Series
RCTI
TIM Entrepreneurs
Born
Carleton Global 6
Entrepren eurs
7. Seven proof points
• TIM program: 100+ students enrolled
40+ theses & projects/yr
• TIM Review: 10,000 readers/issue
• Training: 80 founders/yr, 50 interns/yr
• Sprott: 4 Ph.D. students/yr
• Lead projects: 2 lead projects/yr
• Born Global: 1 disruptive knowledge project/yr
• Internships: 50 interns/yr
7
8. Reasons to engage
• Strengthen existing skills or develop new ones
• Achieve with others what you can’t do on your own
• Increase your brand & options
• Find new interests & hobbies
• Enjoy new experiences
• Provide examples of your commitment, dedication &
interests
• Be part of large & diverse tech entrepreneurship &
commercialization community
8
9. Proof point # 1: TIM students
100+ students 40+ theses & projects/yr
Michael Weiss Steven Muegge
• Recruit talent (science, • Interesting topics &
technology, engineering, & talented people
mathematics), 2 yrs exp., • Establish TIM Alumni
good grades, 2 references
Association
• Startups or established firms
• Promote TIM theses &
• Experiment with social media
to help recruit TIM talent & projects
use lessons learned
9
10. Proof point # 2: TIM Review
10,000 readers/issue Chris McPhee
A monthly journal since 2007: timreview.ca
• Focuses on the theories, strategies, and @TIMReview
tools that help small and large technology
companies succeed
• Have published ~350 articles from >300 experts
• Increasing focus on technology entrepreneurship and
international entrepreneurship
• Bridges gap between theory and practice
• Global reach, but firmly rooted in Canada’s Capital Region
10
11. Proof point # 2: TIM Review
10,000 readers/issue Chris McPhee
TIM Review enables us to: timreview.ca
• Develop and share knowledge @TIMReview
• Better understand technology entrepreneurship
• Provide solutions to the problems faced by entrepreneurs
• Share research results and identify gaps
• Build relationships
• Demonstrate thought leadership
Current priorities: readership and sustainable funding
11
12. Proof point # 2 (continued)
10,000 readers/issue Chris McPhee
How to contribute: timreview.ca
• Read & comment on articles @TIMReview
• Suggest themes for new issues
• Write an article or become a guest editor
• Tell a friend or colleague about TIM Review
• Promote TIM Review with social media
• Recommend authors, guest editors, & reviewers
• Produce course packs using articles
• Sponsor or advertise in TIM Review
12
• Provide feedback
13. Proof point # 3: Education
80 founders trained/yr, 50 interns/yr
TIM Entrepreneurs Tom Duxbury TIM students
Carleton Entrepreneurs Tony Bailetti & Carleton students & recent
Julie Caldwell grads
Tony Bailetti Canada’s Capital Region
Students & recent grads
Jonathan Wells Ottawa’s four post secondary
institutions
Women owners of high-
Elizabeth Lance
growth businesses
Founders of Lead to Win
LTW Founders Club Elizabeth Lance 13
companies
14. Proof point # 3 (continued)
80 founders trained/yr, 50 interns/yr
• Hire STEM interns
• Recruit talented entrepreneurs
• Mentor entrepreneurs
• Serve in Review Boards and/or deliver modules
• Become a stakeholder of Idea Opportunity Venture
• Migrate programs to other geographies
• Support desks (Sales, Investment, Go-to-market)
• Provide space (office, meeting rooms, work spaces)
• Fund operations & sponsor socials
• Suggest new services 14
15. Proof point # 3 (continued)
80 founders trained/yr, 50 interns/yr
Early buyers
Partners Investors, M&A
Service Post secondary
Idea Opportunity Venture
providers institutions
Entrepreneur in startup
or established firm
Economic
development Complementors
organizations
Institute
for TEC Stakeholders
15
16. Proof point # 4: Ph.D. students
4 Ph.D. students/yr David Hudson
Mika Westerlund
• Recruit talented Ph.D. students in technology
entrepreneurship
• Suggest relevant topics for thesis development
• Engage with research projects
16
17. Proof point # 5: Lead projects
RCTI 2 lead projects/yr Jonathan Wells
• Established companies that sell outside Canada
• Directed research & consulting
• High effort to complete
• Commercialization for new markets
• Internal entrepreneurship
• Strategic business development
• Exploration/exploitation management 17
18. Proof point # 6: Born global
Born 1 disruptive knowledge
Global project/yr Tony Bailetti
• Implement a born global & a re-born global program for local
companies Fall 2012
• Disrupt conventional staged approach to internationalization
• Leverage links to centres of expertise worldwide
• Contribute articles on born global to TIM Review
• Raise awareness about urgency to act on disruption
• Provide case studies on how firms are born & re-born global
as well as support tools
18
19. Proof point # 7: Internships
50 interns/yr Wes Nicol
• 50 interns per year –as many from Carleton as we can
– by attracting more endowment funding
• Help interns & other students championing “Green-
rated” opportunities raise investment funds required to
launch their businesses
19
20. Next steps
• Right proof points?
• Right opportunities to engage to deliver 7 proof
points?
• How best to support IRAP, OCE, Invest Ottawa, &
City of Ottawa achieve their proof points?
• Next steps?
20
22. Showcase theses & ventures
David Hudson Entrepreneurial effort in the Ph.D. proposal Ph.D. in Sprott
theory of the firm
Chris McPhee Methodology to construct the Successful thesis M.A.Sc. TIM
TIM Review
Arthur Low Security processors licensed CrackSemi M.A.Sc. TIM
as silicon intellectual property
Mike Ayukawa Discover memories & Cornerportal M.A.Sc. TIM
meaning in your world
David Ker Lassoo the Web: capture, Realwat M.A.Sc. TIM
organize & present the Web
Ronald Amelunge BDT-VoiceMail to text ClearVoix M.A.Sc. TIM
Robert Poole Economic development in Freebird Connect M.Eng. TIM
knowledge economy
James Makienko Scalable video transcription HiveDirect M.Eng. TIM
Natasha D’Souza Virtual therapy for special VirtualEyeSee M.Eng. TIM
needs children
Elias Majic Mobile language learning Ottercall M.Eng. TIM22
23. 1 Ph.D., 5 M.A.Sc & 4 M.Eng.
Ronald Amelunge Mike Ayukawa Natasha D’Souza
David Hudson David Ker Elias Majic
Arthur Low
23
Chris McPhee James Makienko Robert Poole
24. Engage with ventures
• Q&A for TIM entrepreneurs
• How to engage with TIM entrepreneurs
• Additional comments on proof points
• Next steps?
24
25. Closing comments
• Report on June issue of TIM Review
timreview.ca
• If interested in TIM or to engage in proof point
initiatives, contact:
• Tony Bailetti bailetti@sce.carleton.ca
• Steven Muegge smuegge@sce.carleton.ca
• Michael Weiss weiss@sce.carleton.ca
• Jonathan Wells jonathan_wells@carleton.ca
Thank you! 25