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Entrepreneurship Education at CMU

Entrepreneurship Education at CMU. S. Thomas Emerson, Ph.D., Director Donald H. Jones Center for Entrepreneurship Posner Hall 231 — (412) 268-5382 Emerson@andrew.cmu.edu Assistant: Donna Erdner — (412) 268-7869 De0d@andrew.cmu.edu Office hours by appointment.

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Entrepreneurship Education at CMU

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  1. EntrepreneurshipEducation at CMU S. Thomas Emerson, Ph.D., Director Donald H. Jones Center for Entrepreneurship Posner Hall 231 — (412) 268-5382 Emerson@andrew.cmu.edu Assistant: Donna Erdner — (412) 268-7869 De0d@andrew.cmu.edu Office hours by appointment.

  2. “The best way to predict the future is to invent it.” Peter F. Drucker

  3. Entrepreneurship can be Taught. It is Important to Teach It! Successful Entrepreneurs are the Best Teachers. Academic Rigor + Hands-On Experience = Excellence. Core Beliefs at DHJCE

  4. Donald H. Jones Center Staffing • Three full-time professors. (3 endowed chairs) • Seven adjunct professors. • Three full-time staff personnel. • All professors and adjuncts are successfulentrepreneurs or venture capitalists.

  5. 8 Undergraduate Course Offerings 70-415 Entrepreneurship I (3 sections) 70-416 Entrepreneurship II 70-414 Technology-Based Entrepreneurship 70-397 Entrepreneurial Finance 70-418 Financing Entrepreneurial Ventures 70-417 Topics in Entrepreneurship 70-502 Independent Study 70-500 Honors Thesis

  6. 12 Graduate Course Offerings 45-880 Introduction to Entrepreneurship 45-886 Entrepreneurship 45-888 Technology Commercialization Workshop 45-889 Entrepreneurship Project 45-884 Funding Early-Stage Ventures 45-885 Entrepreneurial Management 45-847 Law and Entrepreneurship 45-977 Commercialization of Technology inEntrepreneurial Companies 45-986 Functions of the CEO 46-880 Entrepreneurship and e-Commerce 45-997 Independent Studies in Entrepreneurship (6 credits) 45-998 Independent Studies in Entrepreneurship (12 credits)

  7. 5 Continuing Education Courses Starting a Technology-Based Venture Commercializing Technology & Bio-Technology Creating a Winning Business Plan Financing your Venture Entrepreneurial Management

  8. New Initiatives for 2003 Technology Commercialization Workshop 45-888 Law and Entrepreneurship 45-847 McGinnis Venture Competition (March 2004) Alliance with PLSG

  9. The Results Recognized expertise in technology entrepreneurship. Roughly 1 in 4 business majors take at least one course. Many engineers/scientists in program. Active graduate & undergraduate e-ship clubs. Many successful entrepreneurs/start-ups. Long list of awards. Named one of seven “Centers of Excellence” by NASDAQ.

  10. The Arizona Study Published in 2000. Surveyed 2,484 MBA graduates over 15 years. Compared career achievements of: Those who took entrepreneurship courses to those who did not.

  11. The Arizona Study The Results: • Those who took entrepreneurship courses: • Are 3 times more likely to start new businesses. • Are 3 times more likely to be self-employed. • Have incomes 27% higher. • Have personal assets 62% higher. • Earn on average $23,500 more/year. • Are more satisfied with their jobs/career. • Are more likely to innovate/develop new products. • Are more likely to work in technology businesses.

  12. The Arizona Study Full Study Available at: www.bpa.arizona.edu/programs/berger/pdfs/impact_study.pdf

  13. “America’s abundance was not created by public sacrifices to ‘the common good,’ but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes. ” Ayn Rand

  14. EntrepreneurshipEducation at CMU S. Thomas Emerson, Ph.D., Director Donald H. Jones Center for Entrepreneurship Posner Hall 231 — (412) 268-5382 Emerson@andrew.cmu.edu Assistant: Donna Erdner — (412) 268-7869 De0d@andrew.cmu.edu Office hours by appointment.

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