Cases in Technological Entrepreneurship
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Cases in Technological Entrepreneurship

Converting Ideas into Value

Edited by Claudio Petti

The book examines from different perspectives a number of fundamental issues in the process of transforming technological innovations into profits. Key cases and field insights from distinguished contributors show the role and the practices of government bodies, universities, private investors and companies within the transformation of new ideas into value, in start-ups as well as in incumbents. The book takes a systemic view of technological entrepreneurship, positioning the topic at the interface between entrepreneurial and strategic perspectives within the emergent strategic entrepreneurship field.
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Chapter 8: Technology Entrepreneurship Education: The Intel–UC Berkeley Global Entrepreneurship Education Initiative

Mark Harris

Extract

8. Technology entrepreneurship education: the Intel–UC Berkeley Global Entrepreneurship Education Initiative Mark Harris INTRODUCTION At Intel and at UC Berkeley we believe that economic growth can be fueled by innovation. We also believe that innovation may be fostered through educational processes. So innovation fueled economic growth starts with education. We see the greatest immediate leverage at the borderline between academia and industry. Many times after presenting the Intel–UC Berkeley Global Entrepreneurial Education Initiative we have been asked about our motivation to engage in this area and at this level. So in the following I would like to start by giving you some puzzle pieces of our motivation to create this program. The puzzle pieces should give you the bigger picture. Thereafter I will give you an overview of the program. We have seen a number of issues hindering innovation and economic growth: ● ● ● Dramatic sustained drop (40–60 per cent) of student interest in science related disciplines and a resulting drop in innovation potential. Shortfall in IT specialists. At the same time an enormous increase in demand for information technology specialists with more than 1.6 million open IT jobs that cannot be filled by European Union (EU) citizens by the end of 2008, composed of a shortfall of 615 000 technicians and engineers (Reding, 2006) and almost 1 million new jobs created as a consequence of combined Western (16.1 per cent) and Eastern (113.2 per cent) European IT market growth (Accenture, 2005). Youth unemployment. Moving to unemployment in the...

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