1. Balancing Entrepreneurial Objectives in Building a Curriculum Doug Neal, Aileen Huang-Saad, Thomas Zurbuchen University of Michigan, College of Engineering dougneal@umich.edu

2. Challenges Facing Universities Universities need to evolve to meet growing demand of rapid innovation in a global and connected market Leadership of universities comes from adding multidisciplinary experiential learning to their curriculum Entrepreneurship is an important part of such additions, especially for Engineering education

3. Entrepreneurial Mindset “Entrepreneurship is a particular type of mindset, a unique way of looking at the world….At the heart of entrepreneurship lies the desire to achieve, the passion to create, the yearning for freedom, the drive for independence, and the embodiment of entrepreneurial visions and dreams through tireless hard work, calculated risk-taking, continuous innovation, and undying perseverance.” Ma, H. and J. Tan, Key components and implications of entrepreneurship: A 4-P framework. Journal of Business Venturing, 2006. 21(5): p. 704-725

4. State of Michigan Unemployment

5. Michigan Recession Eight Years Old

6. U-M Research Growth Exceeds $1B

7. What Is Needed “In an increasingly knowledge-driven economy, research has become the essential component that drives our economic engine…” – Governor Jennifer M. Granholm Michigan Unemployment Rate U-M annual research expenditure exceeding $1B Economic development around U-M benefiting from entrepreneurial activity Focus on entrepreneurial activities is accelerating growth Source: localtrends.com

8. Tension and Balance No robust economic development without entrepreneurial mindset No accelerated entrepreneurial mindset without economic impact

9. The Challenge How to achieve significant scale for entrepreneurship to become a pervasive value? How to create significant impact in a place that does not have Silicon Valley next-door?

11. Twofull & threepart-time staff, sevenstudent interns

12. Located in College of Engineering

13. Reports to Associate Dean of Entrepreneurship

14. University-wide focus

15. Academics

16. Community engagement

21. Masters High-Tech Entrepreneurship Bay Area Trip / Tech Fest Business Accelerator Instant Innovation and Internships Practicum: hands-on innovation class Mentorship Distinguished Lecture Series Sponsored Meet-up Events Student-run Idea Pitch Competition Community Engagement Venture Acceleration Academics

22. Balancing Tension, Achieving Excellence

23. Exciting things happening! 17

24. Thank you Doug Neal Managing Director Center for Entrepreneurship dougneal@umich.edu