moving beyond entrepreneurship to mark lang charter partners institute
TRANSCRIPT
Moving Beyond Moving Beyond Entrepreneurship ToEntrepreneurship To
Mark LangCharter Partners
Institute
Context Success
Ben Franklin Technology PArtners Northeastern Pennsylvania
Created 282 companies
Developed 420 new products & processes
Created or retained over 21,000 jobs with salaries 45% higher than PA average
Started one of first university-based incubators
Developed one of the first entrepreneurial business networks
1983 – 2001 Results
©2010 Charter Partners Institute
Context Question?
BFP was helping specific entrepreneurs …
The region was not becoming more entrepreneurial …
But
©2010 Charter Partners Institute
Context Question?
BFP was helping a lot of entrepreneurs ….
Why was the region not becoming more entrepreneurial?
But
21st Century Competition
Rise of the rest
Development of global innovation networks
Companies must constantly renew, improve, and innovate to survive
All employees must contribute to innovation, not just a few entrepreneurs
©2010 Charter Partners Institute
(1) Innovation
Entrepreneurship Not enough natural entrepreneurs
(2) Can we teach entrepreneurship? Yes, but – how to start a company
business planning (Kaufman Study)
(3) Can we teach innovation? Yes, but – discovery learning, practice
©2010 Charter Partners Institute
Progression of Learning
InnovativeProject-based
Learning
Project-basedLearning
Learn thenDo Project
©2010 Charter Partners Institute
Learning the Innovation ProcessSteps
1. Set the context (self directed in teams)Think, team, trustWork time and release time, physical environmentPeer learning
2. Challenge students to “find a better way”Leverage collaboration, examples, gamesNo “right” answers
3. Help students evaluate implementation stepsMini-business plan frameworkResearch on internet and phoneAsk good questions
4. Reach out to test ideas in the real marketplace
Discovery or Self-directed Learning©2010 Charter Partners Institute
Learning the Innovation ProcessResources
1. Physical environment
2. Business mentors Ask good questions Avoid giving direction or analysis
3. Alumni mentorsLearn more from others near one’s age
4. Games and toolsMuch more to be done
©2010 Charter Partners Institute
Learning the Innovation ProcessBarriers
1. Identify a practical idea that can be done betterFind new solution, not report or fundraiser or recommendation to someone else
2. Determine how to proceed in face of ambiguityNeed research, but it will not provide directionDevelop your intuitionHow to determine what you don’t know you don’t know
3. Learn about yourselfTest your persistence, confidence, vision, working style
©2010 Charter Partners Institute
Next Steps
Resources and tools Understand the 21st Century competitive environment Videos, games, guides, etc. to help teach innovation
Facilitate communities of practice Educators and students
Connect to standards
Teacher education programs
Advocacy
©2010 Charter Partners Institute