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

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    19-Jan-2016

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Innovation Caucus WelcomeAn investment in knowledge always pays the best interest. Ben Franklin(1706-1790)Innovation & Entrepreneurship Turbulent Changing Times UncertaintyJobs and CareersBusiness and IndustryInnovation & Entrepreneurship YetAll of UsHave A Chance of a Lifetime We Will Shape and Determine The FutureInnovation & Entrepreneurship Lets Get StartedWelcome to GEB 5516 and GEB 4152Technology Commercialization AndTechnology EntrepreneurshipInnovation & Entrepreneurship Getting StartedTonightIntroductionsInnovation and EntrepreneurshipClass Workshop-Current TrendsNext StepsWelcome to GEB 5516 and GEB 4152Technology Commercialization & Technology EntrepreneurshipInnovation & Entrepreneurship Getting StartedTonightIntroductionsIm Tom ONealWelcome to GEB 5516 and GEB 4152Technology Commercialization & Technology EntrepreneurshipInnovation & Entrepreneurship7Why listen to me?1980sEngineerAssociate Director @ CREOLAssociate VP1990s2000sBSEE1970sEntrepreneurFounding Director UCFTI now UCFBIPMSEM, MBA, PhDFacultyMgmt/IEMSEntrepreneurDr. Thomas ONealAssociate VP for Research and CommercializationExecutive Director UCF Business Incubation ProgramExecutive Director GrowFL12201 Research ParkwayOrlando, FL 32826oneal@mail.ucf.eduwww.research.ucf.edu Getting StartedTonightIntroductionsAnd You Are?Welcome to GEB 5516 and GEB 4152Technology Commercialization & Technology EntrepreneurshipInnovation & Entrepreneurship Getting StartedTonightIntroductionsInnovation and EntrepreneurshipClass Workshop-Current TrendsNext StepsWelcome to GEB 5516 and GEB 4152Technology Commercialization & Technology EntrepreneurshipInnovation & EntrepreneurshipInnovation & EntrepreneurshipThe Potential is Tremendous. Opportunity, Growth and WealthInnovation Requires Energy, Effort and Time. So WhatWho CaresWhy YouInnovationEntrepreneurshipInvestmentKnowledgeWealthInnovation & EntrepreneurshipInnovationWhy Innovate?Innovation & EntrepreneurshipLets DiscussWhy InnovateInnovationSolve a ProblemImprove the Quality of LifePreserve Something GoodInnovation & EntrepreneurshipEntrepreneurshipWhat Does an Entrepreneur Do?Who Might They Be? Innovation & EntrepreneurshipThe Entrepreneur .An Entrepreneur Organizes, Operates and Assumes Risk for a Business VentureInnovation & EntrepreneurshipLets Discuss The Characteristics of EntrepreneursInnovation & EntrepreneurshipEntrepreneursWhat About You?Innovation & EntrepreneurshipSuccessful Entrepreneurs Are Principles BasedEthical ConductVision & ValueFocus & DeterminationAbstract Thinking & Pragmatic ExecutionCommercialization FlexibilityInnovation & EntrepreneurshipInvestments in InnovationCommitments!!!PassionVisionCASH FLOWSInnovation & Entrepreneurship Innovation &Entrepreneurship Knowledge - UCF patents rank in Top Ten -Again - 2009 -Knowledge Knowledge is Valuable!!!Innovation & EntrepreneurshipInnovation & EntrepreneurshipWealth EntrepreneursInnovation & EntrepreneurshipUCF Research Foundation Whats Hot Knowledge, Vision and Execution Digital, Molecular & Nano Infrastructures, and moreLife SciencesEnergy, Clean Tech, Green TechEnvironments, Platforms, Systems and Connectivity2424Innovation & EntrepreneurshipLets Discuss The Class.OpportunitiesChallengesStrategiesPlanningExecutionPerformanceInnovation & EntrepreneurshipMajor Deliverables. Your Entrepreneurial ChallengeYour Class Participation!!! The Elevator Pitch(30%) The Venture Project(40%)Innovation & EntrepreneurshipYour Commitment Do the Work and Earn Your Grade!!!(Maybe your first experience with entrepreneurship) Vision to RealityTis 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 RealityThe Road AheadPart One: Opportunity Part Two:Feasibility Part Three: PlanningPart Four: Growth and Change Elevator Pitch and Venture Presentations--------------------------------------------------------------------------------------------------------------------------------- Now .A Group Exercise Current TrendsClass WorkshopBreak into groups of 4-5 peopleAs 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 pointsClass WorkshopBreak out.One power point, no more than 6 bullet points Three Current TrendsTrend OneAnd WhyTrend TwoAnd WhyTrend ThreeAnd WhyVision to Reality* Workshop ObservationsWrap Up.The SyllabusOn The WebsiteNext WeekThe Journey Continues Vision to Reality Thank you for tonightGreat to see you hereLets be entrepreneurial together this semester

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