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Full-Text Articles in Education

University Managed Technology Business Incubators: Asset Or Liability?, W. Andrew Clark, Andrew J. Czuchry, James A. Hales Jul 2018

University Managed Technology Business Incubators: Asset Or Liability?, W. Andrew Clark, Andrew J. Czuchry, James A. Hales

W. Andrew Clark

University managed technology-based business incubators (UMTIs) have become increasingly popular. Some universities are forming private corporations and are encouraging professors/researchers to commercialize intellectual property (IP) based upon research conducted in their laboratories. The UMTI provides the infrastructure, access to high-tech laboratories, libraries, students and faculty, and a coalition of like-minded entrepreneurs. Universities face uncertainties when establishing UMTIs and need to minimize risk while maximizing benefits. This paper discusses results of a benchmarking study of eleven technology incubators and their risk mitigation policies. Experience with technology transfer and use of the UMTI as a living laboratory for students is presented.


Technology Based Business Incubators: Living Laboratories For Entrepreneurial Students, Andrew Czuchry, W. Andrew Clark Jul 2018

Technology Based Business Incubators: Living Laboratories For Entrepreneurial Students, Andrew Czuchry, W. Andrew Clark

W. Andrew Clark

Those teaching entrepreneurship to engineering and technology students are faced with the challenge of converting theory into learning opportunities that provide real-world-practical experience. Although the literature stresses the need for experiential learning through group and field projects and case studies, the potential of capitalizing on technology-based business incubators as living laboratories has not been fully utilized. The purpose of this paper is to suggest a conceptual framework for closing this gap. This framework is based upon our experience working with graduate student teams on projects with the Oak Ridge National Laboratories Center for Entrepreneurial Growth and East Tennessee State University ...


Market Simulation Programming As A Culminating Experience For Students Interested In Entrepreneurship And Pursuing An M.S. In Engineering Technology, W. Andrew Clark, Craig A. Turner Jul 2018

Market Simulation Programming As A Culminating Experience For Students Interested In Entrepreneurship And Pursuing An M.S. In Engineering Technology, W. Andrew Clark, Craig A. Turner

W. Andrew Clark

Many of our students enrolled in our Master of Science in Technology program have expressed an interest in learning about entrepreneurship and the development and management of a technology driven company. Students interested in entrepreneurship can pursue a 12 credit concentration that includes classes in developing a cohesive marketing and technology strategy, comparing and contrasting technology strategies for companies within the same market niche, developing an entrepreneurial business plan and coursework in either small business management or entrepreneurial finance. One critical component of this concentration is the utilization of the Marketplace™ Venture Capital simulation game to provide students with real ...


Project Management Through Experiential Learning, Peter Hriso, W. Andrew Clark Jul 2018

Project Management Through Experiential Learning, Peter Hriso, W. Andrew Clark

W. Andrew Clark

Classroom-based projects are insufficient, in of themselves, when preparing students for positions in the digital media field today. David Kolb and Roger Fry argue that effective learning entails the possession of four different abilities: concrete experience, reflective observation, abstract conceptualization and active experimentation.2 Encouraging students to participate in community-based projects outside the classroom can help build the necessary skill sets in learning how to work in a real-world environment. Community-based learning teaches the student on three distinct levels: intellectually, socially, and emotionally including feelings, values, and meanings. Digital Media students should involve themselves in community projects to exercise their ...


Linking The University With The Community: An Experiential Learning Project To Promote Arts Entrepreneurship, Peter Hriso, W. Andrew Clark, Tara Maxwell, Cher Cornett Jul 2018

Linking The University With The Community: An Experiential Learning Project To Promote Arts Entrepreneurship, Peter Hriso, W. Andrew Clark, Tara Maxwell, Cher Cornett

W. Andrew Clark

Teaching students entrepreneurial skills and the utility of cross-disciplinary teams is difficult if only classroom exercises are employed. In this program, university students worked together with commercial artists and business-persons residing in our declining downtown region to assist in the organization, planning and management of an established regional arts festival and to launch a new feature of the festival based on digital animation. Through experiential learning, students gained an appreciation for “real-life” budgets, deadlines, responsibilities and an appreciation of working on cross-disciplinary teams while the community observed first-hand the benefits of students trained in digital media, entrepreneurship and project management.


Linking Art To Science: Digital Media As A Technology Translation Tool, W. Andrew Clark, Cher L. Cornett, Peter M. Hriso Jul 2018

Linking Art To Science: Digital Media As A Technology Translation Tool, W. Andrew Clark, Cher L. Cornett, Peter M. Hriso

W. Andrew Clark

Technology translation can be achieved through the blending of the sciences and arts in the form of digital imagery. Digital animation and video can be utilized to portray molecular events where the mechanism of action is known but the process occurs at a sub-microscopic level. There needs to be a strong collaboration between scientific advisors and digital artists when creating the animation such that the artistic interpretation of the molecular event conforms to the known and accepted confines of science. The finished animation may be used for information, education or persuasion as entrepreneurial biotechnical companies attempt to find markets, customers ...


Embedding Innovation Process And Methodology In Engineering Technology And Business Management And Marketing Courses, W. Andrew Clark, J. Paul Sims, Craig A. Turner, Jon L. Smith Jul 2018

Embedding Innovation Process And Methodology In Engineering Technology And Business Management And Marketing Courses, W. Andrew Clark, J. Paul Sims, Craig A. Turner, Jon L. Smith

W. Andrew Clark

For many business segments, true “out of the box” innovation occurs in entrepreneurial companies where the founders aren’t hindered with the research paradigms established by mainstream businesses. The founders of these companies, many times technologists and scientists, see the application of the technology long before potential customers develop an understanding of the capabilities that the new technology can bring to the marketplace. Many times these “new technology ideas” have been developed though modifying an existing dominant design (product or service) to meet an unforeseen market need or through the development of a new design that may become the new ...


Encouraging Student Participation In Social Entrepreneurship Opportunities, W. Andrew Clark, Peter Hriso, Craig A. Turner Jul 2018

Encouraging Student Participation In Social Entrepreneurship Opportunities, W. Andrew Clark, Peter Hriso, Craig A. Turner

W. Andrew Clark

Social entrepreneurs utilize the traits of commercial entrepreneurs; organizational abilities, opportunity identification, combining resources in novel ways, willingness to accept and manage risk and explosive growth or returns, to create enterprises that return high social value. As educators, we see opportunities where entrepreneurial skills can be applied to education, not-for-profit organizations, government offices and programs and philanthropic concerns and create service learning opportunities for students beyond the boundaries of the university. Many of us involved in higher education are frustrated with students who do not attend class, turn in assignments late or exhibit a lack of effort in classes where ...


Establishing A Technology Based Business Incubator At A Regional University: A Conceptual Framework And Case Study, W. Andrew Clark Jul 2018

Establishing A Technology Based Business Incubator At A Regional University: A Conceptual Framework And Case Study, W. Andrew Clark

W. Andrew Clark

University managed technology-based business incubators evolved at major research institutions as a mechanism for university professors to pursue commercial applications of their research without having to resign their university positions. These incubators assisted the universities in retention of valuable faculty and also provided for the development of university intellectual property (IP) to a level where commercialization was probable. In addition to faculty retention and the potential for revenue from commercialization of IP, these incubators further developed the universities’ reputations in producing cutting edge research. The physical proximity of the incubators to the universities is crucial because this allows easy access ...