Topics Asked in IIT JEE 2009 Physics Paper
16 years ago
Showing posts with label Entrepreneurship. Show all posts
Showing posts with label Entrepreneurship. Show all posts
Thursday, July 3, 2008
Venture related information - company formation in India
See for the details
http://venturevilla.blogspot.com/
http://venturevilla.blogspot.com/
Thursday, June 12, 2008
The International Centre for Venture Expertise (the ICVE).
Professor Mitchell was instrumental in the founding and operation of The International Centre for Venture Expertise (the ICVE). The mission of the ICVE is to be the recognized leader in advancing expertise based entrepreneurship research, world-class curriculum design and delivery, and the creation of entrepreneurship technology and specialized programs, to improve the economic security and sustainability of venturing for entrepreneurs world-wide. The Centre strives to be a catalyst for renewed entrepreneurial spirit that emanates from Canada throughout the world, and furthers the goals of prosperity, humanity, and personal liberty in the global community. In its first five years of operation, the ICVE has had many research, teaching, and outreach accomplishments, and continues to inspire enthusiasm and commitment to its mission across a multitude of entrepreneurship stakeholders.
Dr. Ronald K. Mitchell is a Professor of Entrepreneurship, who holds the Jean Austin Bagley Regents Chair in Management in the Rawls College of Business at Texas Tech University. From July 2000 through May 2005, he held the Francis G. Winspear Chair in Public Policy and Business at the University of Victoria. Dr. Mitchell is also the recipient of the Faculty of Business Board of Advisors Distinguished Educator Award. In addition, during the period September 2001 through August 2004, he held a joint appointment as both a Professor in the Faculty of Business at the University of Victoria (Victoria, British Columbia, Canada) and also as a Professor in the Strategy and Public Policy Department of the Guanghua School of Management at Peking University (Beijing, Peoples Republic of China). His academic career centers on three areas of research, teaching, and service: (1) better understanding the pathways to new value creation, (2) supporting the development of individual and organizational moral reasoning and ethical capacity, and (3) assisting with the effective engagement among actors within the global business community. Accordingly, he is a specialist in entrepreneurial cognition, global entrepreneurship, venture management, command to market system transition, stakeholder theory, and technology transfer systems; and he researches, consults, and lectures worldwide.
Dr. Mitchell earned his CPA in 1978 and received his Ph.D. from the University of Utah in 1994. He won the Academy of Management's 1995 Heizer Award (see also "Heizer Dissertation Abstracts" below) for his entrepreneurship dissertation:The composition, classification, and creation of new venture formation expertise. His interests center on increasing economic well-being in society-both domestically and internationally-through the study of entrepreneurs, the further development of stakeholder theory, and the introduction and development of transaction systems theory.
Research:
As noted above, the research conducted by Dr. Mitchell is focused on the identification of strategies for increasing economic well-being in society—both domestically and internationally—through the study of entrepreneurs (domestically and within the cross-cultural setting), the further development of stakeholder theory, and the development of transaction systems theory. For example, he is interested in increasing global human value-creating capacity through the study and development of multiple theoretical perspectives that support entrepreneurship across multiple levels of analysis.
Specifically, this involves:
1. The application of entrepreneurial cognition and organization theory to the problems of value creation, especially to the enhancement of entrepreneurial expertise in individuals, through innovative methods (such as the development and implementation of entrepreneurial expert assistance methods and computer technology) to increase their sustainable competitive advantage;
2. The exploration of strategy-based frameworks for increasing value creation through improving the success of organizations; and
3. The application of stakeholder, organizational, and transaction systems theory to the governance of firms as it relates to the sustainable engagement by the firm of the primary actors in its industry environment, and to addressing critical governance issues at the economy and society levels of analysis.
His research has resulted in publications in the top journals of both management and entrepreneurship, and in other respected outlets. During the period 2002 - 2007 Dr. Mitchell serves as the lead editor for the Entrepreneurship Theory and Practice three-volume special issue series on information processing and entrepreneurial cognition. As an active entrepreneurship researcher, Dr. Mitchell has undertaken an ambitious research agenda (see "Current Research Projects" below) to investigate the entrepreneurial domain at multiple levels of analysis: the individual (entrepreneur), the firm (venture), and the economy (marketplace), including the systematic investigation of cross-level implications.
Teaching:
Dr. Mitchell is also the co-designer of the transaction cognition-based University of Victoria Entrepreneurship Program, which has won both the Academy of Management Entrepreneurship Division's "Innovation in Pedagogy Award 1999," and the US Association of Small Business and Entrepreneurship (USASBE) "Model Undergraduate Program Award 2000." He also co-designed the UVic MBA 3-course module in Global Entrepreneurship, which the magazine "Canadian Business" has named Canada's #1 MBA Program in Entrepreneurship. Dr. Mitchell has introduced a Global Entrepreneurship course based on this award-winning model into the IMBA curriculum of Peking University, Beijing, PRC.
Professor Mitchell is also an exceptionally effective, committed, and philosophically-driven teacher. Because of his deep commitment to a student-centered teaching philosophy, (as detailed more fully in his Teaching Dossier ), Dr. Mitchell values: (1) each student as an individual with unique interests and capabilities; (2) comprehension, appreciation, and creative expression of human knowledge; (3) the encouragement and expectation of analytical, critical and strategic thought; (4) the acquisition of new knowledge and its subsequent dissemination to others (especially those who have traditionally had limitations on their access to this knowledge), (5) service to the set of students who passionately desire to possess the knowledge base and problem solving methods used by expert entrepreneurs, and (6) extended (life-long) learning: making knowledge relevant, and as practically applicable as possible in the career of each student.
http://www.ronaldmitchell.org/subindex.htm
Dr. Ronald K. Mitchell is a Professor of Entrepreneurship, who holds the Jean Austin Bagley Regents Chair in Management in the Rawls College of Business at Texas Tech University. From July 2000 through May 2005, he held the Francis G. Winspear Chair in Public Policy and Business at the University of Victoria. Dr. Mitchell is also the recipient of the Faculty of Business Board of Advisors Distinguished Educator Award. In addition, during the period September 2001 through August 2004, he held a joint appointment as both a Professor in the Faculty of Business at the University of Victoria (Victoria, British Columbia, Canada) and also as a Professor in the Strategy and Public Policy Department of the Guanghua School of Management at Peking University (Beijing, Peoples Republic of China). His academic career centers on three areas of research, teaching, and service: (1) better understanding the pathways to new value creation, (2) supporting the development of individual and organizational moral reasoning and ethical capacity, and (3) assisting with the effective engagement among actors within the global business community. Accordingly, he is a specialist in entrepreneurial cognition, global entrepreneurship, venture management, command to market system transition, stakeholder theory, and technology transfer systems; and he researches, consults, and lectures worldwide.
Dr. Mitchell earned his CPA in 1978 and received his Ph.D. from the University of Utah in 1994. He won the Academy of Management's 1995 Heizer Award (see also "Heizer Dissertation Abstracts" below) for his entrepreneurship dissertation:The composition, classification, and creation of new venture formation expertise. His interests center on increasing economic well-being in society-both domestically and internationally-through the study of entrepreneurs, the further development of stakeholder theory, and the introduction and development of transaction systems theory.
Research:
As noted above, the research conducted by Dr. Mitchell is focused on the identification of strategies for increasing economic well-being in society—both domestically and internationally—through the study of entrepreneurs (domestically and within the cross-cultural setting), the further development of stakeholder theory, and the development of transaction systems theory. For example, he is interested in increasing global human value-creating capacity through the study and development of multiple theoretical perspectives that support entrepreneurship across multiple levels of analysis.
Specifically, this involves:
1. The application of entrepreneurial cognition and organization theory to the problems of value creation, especially to the enhancement of entrepreneurial expertise in individuals, through innovative methods (such as the development and implementation of entrepreneurial expert assistance methods and computer technology) to increase their sustainable competitive advantage;
2. The exploration of strategy-based frameworks for increasing value creation through improving the success of organizations; and
3. The application of stakeholder, organizational, and transaction systems theory to the governance of firms as it relates to the sustainable engagement by the firm of the primary actors in its industry environment, and to addressing critical governance issues at the economy and society levels of analysis.
His research has resulted in publications in the top journals of both management and entrepreneurship, and in other respected outlets. During the period 2002 - 2007 Dr. Mitchell serves as the lead editor for the Entrepreneurship Theory and Practice three-volume special issue series on information processing and entrepreneurial cognition. As an active entrepreneurship researcher, Dr. Mitchell has undertaken an ambitious research agenda (see "Current Research Projects" below) to investigate the entrepreneurial domain at multiple levels of analysis: the individual (entrepreneur), the firm (venture), and the economy (marketplace), including the systematic investigation of cross-level implications.
Teaching:
Dr. Mitchell is also the co-designer of the transaction cognition-based University of Victoria Entrepreneurship Program, which has won both the Academy of Management Entrepreneurship Division's "Innovation in Pedagogy Award 1999," and the US Association of Small Business and Entrepreneurship (USASBE) "Model Undergraduate Program Award 2000." He also co-designed the UVic MBA 3-course module in Global Entrepreneurship, which the magazine "Canadian Business" has named Canada's #1 MBA Program in Entrepreneurship. Dr. Mitchell has introduced a Global Entrepreneurship course based on this award-winning model into the IMBA curriculum of Peking University, Beijing, PRC.
Professor Mitchell is also an exceptionally effective, committed, and philosophically-driven teacher. Because of his deep commitment to a student-centered teaching philosophy, (as detailed more fully in his Teaching Dossier ), Dr. Mitchell values: (1) each student as an individual with unique interests and capabilities; (2) comprehension, appreciation, and creative expression of human knowledge; (3) the encouragement and expectation of analytical, critical and strategic thought; (4) the acquisition of new knowledge and its subsequent dissemination to others (especially those who have traditionally had limitations on their access to this knowledge), (5) service to the set of students who passionately desire to possess the knowledge base and problem solving methods used by expert entrepreneurs, and (6) extended (life-long) learning: making knowledge relevant, and as practically applicable as possible in the career of each student.
http://www.ronaldmitchell.org/subindex.htm
For Entrepreneurship Course Materials
Professor Mark Juliano
Originally from NY, in and around technology industries for over 20 years.
An Adjunct Professor at Carnegie Mellon University, and have held positions including CEO, Chairman, SVP of Marketing, and VP of Product Management.
On the founding and management team of 5 start-up companies including FORE Systems (IPO), AVIDIA (Acquired), MediaSite (Acquired), ReefEdge and TalkShoe (current).
For course materials and podcasts visit
http://professorjuliano.blogspot.com/
http://www.talkshoe.com/se/professorjuliano/materials.html
Originally from NY, in and around technology industries for over 20 years.
An Adjunct Professor at Carnegie Mellon University, and have held positions including CEO, Chairman, SVP of Marketing, and VP of Product Management.
On the founding and management team of 5 start-up companies including FORE Systems (IPO), AVIDIA (Acquired), MediaSite (Acquired), ReefEdge and TalkShoe (current).
For course materials and podcasts visit
http://professorjuliano.blogspot.com/
http://www.talkshoe.com/se/professorjuliano/materials.html
Pioneer Entrepreneurship Teacher John Reinecke Thorne - Death
From a Tepper School News Release Date: Feb 15, 2008
John (“Jack”) Reinecke Thorne, the David T. and Lindsay J. Morgenthaler Emeritus Professor of Entrepreneurship at the Tepper School of Business at Carnegie Mellon, passed away Wednesday, February 13, 2008, while vacationing in the Cayman Islands with his wife, Helen. He was 81.
He was born March 25, 1926, in Pittsburgh. He began one of the world’s first university-level courses in entrepreneurship in 1972 at Carnegie Mellon, where he later was the founding director of the Donald H. Jones Center for Entrepreneurship at the Tepper School in 1990. He taught at the school through 2005.
“Jack was that rare person who combined great technical skill, broad experience and the ability to inspire others through his teaching and leadership to achieve more than they ever thought possible,” said Kenneth B. Dunn, dean of the Tepper School of Business.
Among numerous awards, Thorne received the Special Award for Sustained Teaching Excellence at the Graduate School for Industrial Administration (later the Tepper School) in 2003; the George Leland Bach Teaching Award, GSIA, 1991; Entrepreneur of the Year from Arthur Young and Inc. magazine, 1989; and Financial Services of the Year Advocate, Small Business Administration, 1988.
“Jack initiated and led the Carnegie Mellon program in entrepreneurship and was a pioneer in developing entrepreneurial programs in the U.S.,” said Arthur A. Boni, director of the Jones Center and holder of the John R. Thorne Chair of Entrepreneurship at the Tepper School. The chair was established in 1997 by a group of Thorne’s friends and former students.
Thorne joined the Carnegie Mellon community as a member of the first class of graduate business students at GSIA, graduating in 1952. He was a development engineer for Westinghouse then headed to California to join the emerging computer industry, working as a financial analyst at Hughes Aircraft and later as a director of computer systems at Litton Corporation. He co-founded and was chief executive officer of Scionics Corporation.
After selling Scionics, Thorne returned to western Pennsylvania, settling in Ligonier where GSIA Dean Richard Cyert asked him to return to the business school as an adjunct professor to teach a course in entrepreneurship, beginning a new career that would touch thousands and inspire the creation of countless new enterprises.
“Jack Thorne was a pioneer in the teaching of entrepreneurship at the university level, and helped to define the standard curriculum for that discipline, which includes idea generation, opportunity recognition, identifying market entry points, developing strategies, team formation, generating sustainable competitive advantage, capital raising, the management of early-stage ventures, and cashing out,” said S. Thomas Emerson, who succeeded Thorne as director of the Don Jones Center for Entrepreneurship and as the David T. and Lindsay J. Morgenthaler Professor of Entrepreneurship.
“Dozens, probably hundreds of enterprises were started by Jack's students as a result of business plans created in his classes. They are too numerous to list. His influence spread far beyond Carnegie Mellon and is now global in scope,” Emerson said.
Entrepreneur Don Jones, now a managing director of Draper Triangle Ventures, met Thorne in the mid-1980s, after selling one of the several technology companies Jones founded. He had begun to help young companies obtain financing and was intrigued by Thorne, who was helping young students create new companies. “Thorne was a genuinely nice person who worked extremely hard and easily attracted other people to his vision”, said Jones.
“I was so incredibly motivated by Jack, as were all those around him. He had an infectious personality that … touched so many people,” said Jones. “He certainly left his mark on Carnegie Mellon, but more than that, he left his mark on the whole community of entrepreneurs.”
Thorne’s conception of entrepreneurial behavior as a tool for economic development evolved even as the Pittsburgh region suffered tremendous economic damage with the collapse of the steel industry in the early 1980s. In 1983, he helped create and was chairman of the Enterprise Corp., an economic development organization affiliated with Carnegie Mellon and the University of Pittsburgh aimed at helping budding entrepreneurs develop fundable business plans, and also the Pittsburgh Seed Fund, a venture capital firm to fund emerging enterprises.
One of the fund’s major successes was seeding Automated Healthcare, which grew to be acquired by McKesson Corp. and continues to have major operations in Pittsburgh. The Enterprise Corp. later merged with the Ben Franklin Technology Partnership, a state-funded organization, to create Innovation Works, which continues to help people organize and fund new companies.
“As I reflect on the Pittsburgh of today, with its robust and dynamic entrepreneurial environment, it wouldn’t exist without Jack Thorne,” said Frank Demmler, director, Entrepreneurial Executives Team at Innovation Works and a colleague of Thorne’s both at the Enterprise Corp. and on the faculty at Carnegie Mellon. “If you look at the individual players, there were fewer than 20 who were instrumental in getting this done. Jack was more equal than the others. He was at the grassroots, helping to build entrepreneurs brick by brick, person by person, and teaching us how to do it.”
Thorne was also knew well how to raise capital, said one of Thorne’s partners in teaching entrepreneurship at Carnegie Mellon, Jack Roseman. The two met when Thorne served as a director of Roseman’s company, On-Line Systems, and Thorne invited him in 1988 to help teach in the fast-growing entrepreneurship program. Growth requires money, and Roseman, as many of Thorne’s associates also noted, said Thorne was one of the best fundraisers he had ever met. He secured millions to help fund the Donald H. Jones Center for Entrepreneurship, the Morgenthaler Chair in Entrepreneurship at GSIA, the McGinnis Venture Competition, and the Enterprise Corp., among many other gifts and enterprises for which he obtained support.
“Some people hate to ask for money. He did not have any problem asking for money because he was so committed to the entrepreneurship center and committed to it being a mega-force in the region,” said Roseman. “It takes focus, determination and perseverance. He had all that and he had the major drive to do something, and he had the connections … he knew the right people.”
For all his activities outside of the university, Thorne remained devoted to his students, said Roseman. “With Jack, students always came first. I don’t care how busy he was, if a student wanted to see him, he made time.”
In the lobby of the Tepper School of Business is a sculpture dedicated to Thorne. Titled, “Self-Made Man,” it shows a muscular male figure, raising a hammer to strike a chisel as it sculpts its own form from a block of rock. It was donated in 2006 by Sarosh Kumana, (TPR ’77), a student of Thorne’s.
“Jack inspired generations of budding entrepreneurs to follow their dream. He helped make entrepreneurship a career, recognizing that the qualities that characterize an entrepreneur are different from those needed for other business-oriented careers,” said Kumana. “The "Self-Made Man" sculpture is a perfect representation for that, since his students were able to sculpt themselves into entrepreneurs because Jack gave us the tools to do so.”
In addition to his Master of Science in Industrial Administration from Carnegie Mellon, Thorne received a Bachelor of Science from Brown University (1947) and a Master of Science in Electrical Engineering from the University of Pittsburgh (1949). In 1986, he was awarded the David T. and Lindsay J. Morgenthaler Professor of Entrepreneurship chair at Carnegie Mellon. He was a member of Sigma Xi, Tau Beta Pi and Phi Kappa Phi honor societies.
He served on numerous boards throughout his life, including Orion Capital Corp., Medrad Inc., Bactex Inc. and Precision Therapeutics. He was a member of the editorial review board for the Journal of Business Venturing, and author of, “Alternative Financing for Entrepreneurial Ventures: Entrepreneurship, Theory and Practice,” (1989); and “Entrepreneurs and Their Companies: Smaller Industrial Firms in the Pittsburgh Metropolitan Area,” with J. Ball.
Thorne was also active in the Ligonier area, serving on the boards of both the Ligonier Fellowship and Powdermill Nature Reserve Committee. In the 1990’s, Thorne and his first wife Barbara helped to form the Unitarian Universalist Church in Ligonier, PA. Thorne remained an active member until his death. Outside of work, he enjoyed fishing and traveling.
--------------------------------------------------------------------------------
Founded in 1949, the Tepper School of Business at Carnegie Mellon (www.tepper.cmu.edu) is a pioneer in the field of management science and analytical decision-making. The school’s notable contributions to the intellectual community include six Nobel laureates and a consistent presence in the top tier of business school rankings. The Wall Street Journal recently ranked the Tepper School as the fifth-best business school in the United States.
John (“Jack”) Reinecke Thorne, the David T. and Lindsay J. Morgenthaler Emeritus Professor of Entrepreneurship at the Tepper School of Business at Carnegie Mellon, passed away Wednesday, February 13, 2008, while vacationing in the Cayman Islands with his wife, Helen. He was 81.
He was born March 25, 1926, in Pittsburgh. He began one of the world’s first university-level courses in entrepreneurship in 1972 at Carnegie Mellon, where he later was the founding director of the Donald H. Jones Center for Entrepreneurship at the Tepper School in 1990. He taught at the school through 2005.
“Jack was that rare person who combined great technical skill, broad experience and the ability to inspire others through his teaching and leadership to achieve more than they ever thought possible,” said Kenneth B. Dunn, dean of the Tepper School of Business.
Among numerous awards, Thorne received the Special Award for Sustained Teaching Excellence at the Graduate School for Industrial Administration (later the Tepper School) in 2003; the George Leland Bach Teaching Award, GSIA, 1991; Entrepreneur of the Year from Arthur Young and Inc. magazine, 1989; and Financial Services of the Year Advocate, Small Business Administration, 1988.
“Jack initiated and led the Carnegie Mellon program in entrepreneurship and was a pioneer in developing entrepreneurial programs in the U.S.,” said Arthur A. Boni, director of the Jones Center and holder of the John R. Thorne Chair of Entrepreneurship at the Tepper School. The chair was established in 1997 by a group of Thorne’s friends and former students.
Thorne joined the Carnegie Mellon community as a member of the first class of graduate business students at GSIA, graduating in 1952. He was a development engineer for Westinghouse then headed to California to join the emerging computer industry, working as a financial analyst at Hughes Aircraft and later as a director of computer systems at Litton Corporation. He co-founded and was chief executive officer of Scionics Corporation.
After selling Scionics, Thorne returned to western Pennsylvania, settling in Ligonier where GSIA Dean Richard Cyert asked him to return to the business school as an adjunct professor to teach a course in entrepreneurship, beginning a new career that would touch thousands and inspire the creation of countless new enterprises.
“Jack Thorne was a pioneer in the teaching of entrepreneurship at the university level, and helped to define the standard curriculum for that discipline, which includes idea generation, opportunity recognition, identifying market entry points, developing strategies, team formation, generating sustainable competitive advantage, capital raising, the management of early-stage ventures, and cashing out,” said S. Thomas Emerson, who succeeded Thorne as director of the Don Jones Center for Entrepreneurship and as the David T. and Lindsay J. Morgenthaler Professor of Entrepreneurship.
“Dozens, probably hundreds of enterprises were started by Jack's students as a result of business plans created in his classes. They are too numerous to list. His influence spread far beyond Carnegie Mellon and is now global in scope,” Emerson said.
Entrepreneur Don Jones, now a managing director of Draper Triangle Ventures, met Thorne in the mid-1980s, after selling one of the several technology companies Jones founded. He had begun to help young companies obtain financing and was intrigued by Thorne, who was helping young students create new companies. “Thorne was a genuinely nice person who worked extremely hard and easily attracted other people to his vision”, said Jones.
“I was so incredibly motivated by Jack, as were all those around him. He had an infectious personality that … touched so many people,” said Jones. “He certainly left his mark on Carnegie Mellon, but more than that, he left his mark on the whole community of entrepreneurs.”
Thorne’s conception of entrepreneurial behavior as a tool for economic development evolved even as the Pittsburgh region suffered tremendous economic damage with the collapse of the steel industry in the early 1980s. In 1983, he helped create and was chairman of the Enterprise Corp., an economic development organization affiliated with Carnegie Mellon and the University of Pittsburgh aimed at helping budding entrepreneurs develop fundable business plans, and also the Pittsburgh Seed Fund, a venture capital firm to fund emerging enterprises.
One of the fund’s major successes was seeding Automated Healthcare, which grew to be acquired by McKesson Corp. and continues to have major operations in Pittsburgh. The Enterprise Corp. later merged with the Ben Franklin Technology Partnership, a state-funded organization, to create Innovation Works, which continues to help people organize and fund new companies.
“As I reflect on the Pittsburgh of today, with its robust and dynamic entrepreneurial environment, it wouldn’t exist without Jack Thorne,” said Frank Demmler, director, Entrepreneurial Executives Team at Innovation Works and a colleague of Thorne’s both at the Enterprise Corp. and on the faculty at Carnegie Mellon. “If you look at the individual players, there were fewer than 20 who were instrumental in getting this done. Jack was more equal than the others. He was at the grassroots, helping to build entrepreneurs brick by brick, person by person, and teaching us how to do it.”
Thorne was also knew well how to raise capital, said one of Thorne’s partners in teaching entrepreneurship at Carnegie Mellon, Jack Roseman. The two met when Thorne served as a director of Roseman’s company, On-Line Systems, and Thorne invited him in 1988 to help teach in the fast-growing entrepreneurship program. Growth requires money, and Roseman, as many of Thorne’s associates also noted, said Thorne was one of the best fundraisers he had ever met. He secured millions to help fund the Donald H. Jones Center for Entrepreneurship, the Morgenthaler Chair in Entrepreneurship at GSIA, the McGinnis Venture Competition, and the Enterprise Corp., among many other gifts and enterprises for which he obtained support.
“Some people hate to ask for money. He did not have any problem asking for money because he was so committed to the entrepreneurship center and committed to it being a mega-force in the region,” said Roseman. “It takes focus, determination and perseverance. He had all that and he had the major drive to do something, and he had the connections … he knew the right people.”
For all his activities outside of the university, Thorne remained devoted to his students, said Roseman. “With Jack, students always came first. I don’t care how busy he was, if a student wanted to see him, he made time.”
In the lobby of the Tepper School of Business is a sculpture dedicated to Thorne. Titled, “Self-Made Man,” it shows a muscular male figure, raising a hammer to strike a chisel as it sculpts its own form from a block of rock. It was donated in 2006 by Sarosh Kumana, (TPR ’77), a student of Thorne’s.
“Jack inspired generations of budding entrepreneurs to follow their dream. He helped make entrepreneurship a career, recognizing that the qualities that characterize an entrepreneur are different from those needed for other business-oriented careers,” said Kumana. “The "Self-Made Man" sculpture is a perfect representation for that, since his students were able to sculpt themselves into entrepreneurs because Jack gave us the tools to do so.”
In addition to his Master of Science in Industrial Administration from Carnegie Mellon, Thorne received a Bachelor of Science from Brown University (1947) and a Master of Science in Electrical Engineering from the University of Pittsburgh (1949). In 1986, he was awarded the David T. and Lindsay J. Morgenthaler Professor of Entrepreneurship chair at Carnegie Mellon. He was a member of Sigma Xi, Tau Beta Pi and Phi Kappa Phi honor societies.
He served on numerous boards throughout his life, including Orion Capital Corp., Medrad Inc., Bactex Inc. and Precision Therapeutics. He was a member of the editorial review board for the Journal of Business Venturing, and author of, “Alternative Financing for Entrepreneurial Ventures: Entrepreneurship, Theory and Practice,” (1989); and “Entrepreneurs and Their Companies: Smaller Industrial Firms in the Pittsburgh Metropolitan Area,” with J. Ball.
Thorne was also active in the Ligonier area, serving on the boards of both the Ligonier Fellowship and Powdermill Nature Reserve Committee. In the 1990’s, Thorne and his first wife Barbara helped to form the Unitarian Universalist Church in Ligonier, PA. Thorne remained an active member until his death. Outside of work, he enjoyed fishing and traveling.
--------------------------------------------------------------------------------
Founded in 1949, the Tepper School of Business at Carnegie Mellon (www.tepper.cmu.edu) is a pioneer in the field of management science and analytical decision-making. The school’s notable contributions to the intellectual community include six Nobel laureates and a consistent presence in the top tier of business school rankings. The Wall Street Journal recently ranked the Tepper School as the fifth-best business school in the United States.
Thursday, February 21, 2008
Nurture entrepreneurship to eradicate poverty - C K Prahlad
21 Feb 2008
Only through entrepreneurship and not doles can a country alleviate poverty, said C.K. Prahalad, India-born global management guru.
Speaking at the launch of T.S. Srinivasan Chair Professorship of Entrepreneurship at city-based Great Lakes Institute of Management for Entrepreneurship by TVS Capital Funds Ltd here Wednesday, Prahalad said: 'Entrepreneurship in India could be divided into three phases.
'The first phase was after the country's independence and up till 1990. The second phase is from 1990 when India opened its doors and the third phase is when Indian companies started acquiring overseas companies.'
While India missed the first phase owing to the licence control regime, he said opening the doors for multinationals in 1990 was not globalisation as the doors were opened for imports into India and not exports.
According to him, the India-centric second wave of entrepreneurship saw the emergence of domestic IT and pharmaceutical players using the Indian cost advantage and oriented totally towards exports while others fought the increased competition.
The third wave is what is seen now - Indian companies acquiring companies overseas.
'Days are not far off when nearly 60 percent of some Indian company's turnover would be contributed by their overseas operations.'
According to Prahalad, the next wave is to use globalisation to transform Indian entrepreneurship.
'In the 60s, business leaders like T.S. Srinivasan fought bottlenecks and regulations and not the markets. During the last 15 years businessmen fought competitive deficiencies within India - lack of quality perspective, infrastructure and others.'
Now the fight is for global dominance fighting on scale and quality parameters, he said.
India has an edge over China as it is developing soft infrastructure - knowledge base and skill sets.
'We should strive to see that there is uniformity in education across the country at the school level instead of focusing on higher education.'
Gopal Srinivasan, chairman of TVS Capital, said: 'The chair will ensure entrepreneurship as a concept and model is fully understood at the management level.'
The company has set up the Chair of Professorship on Entrepreneurship donating Rs.12 million.
The activities conducted by the chair would be twofold: academic research and industry-oriented dissemination of learning by way of teaching, training and management consulting.
Addressing the gathering from the US through video, Bala V. Balachandran, founder and honorary dean of Great Lakes Institute of Management, said that entrepreneurship was at the heart of economic growth of any nation and India should nurture entrepreneurs in large numbers.
Only through entrepreneurship and not doles can a country alleviate poverty, said C.K. Prahalad, India-born global management guru.
Speaking at the launch of T.S. Srinivasan Chair Professorship of Entrepreneurship at city-based Great Lakes Institute of Management for Entrepreneurship by TVS Capital Funds Ltd here Wednesday, Prahalad said: 'Entrepreneurship in India could be divided into three phases.
'The first phase was after the country's independence and up till 1990. The second phase is from 1990 when India opened its doors and the third phase is when Indian companies started acquiring overseas companies.'
While India missed the first phase owing to the licence control regime, he said opening the doors for multinationals in 1990 was not globalisation as the doors were opened for imports into India and not exports.
According to him, the India-centric second wave of entrepreneurship saw the emergence of domestic IT and pharmaceutical players using the Indian cost advantage and oriented totally towards exports while others fought the increased competition.
The third wave is what is seen now - Indian companies acquiring companies overseas.
'Days are not far off when nearly 60 percent of some Indian company's turnover would be contributed by their overseas operations.'
According to Prahalad, the next wave is to use globalisation to transform Indian entrepreneurship.
'In the 60s, business leaders like T.S. Srinivasan fought bottlenecks and regulations and not the markets. During the last 15 years businessmen fought competitive deficiencies within India - lack of quality perspective, infrastructure and others.'
Now the fight is for global dominance fighting on scale and quality parameters, he said.
India has an edge over China as it is developing soft infrastructure - knowledge base and skill sets.
'We should strive to see that there is uniformity in education across the country at the school level instead of focusing on higher education.'
Gopal Srinivasan, chairman of TVS Capital, said: 'The chair will ensure entrepreneurship as a concept and model is fully understood at the management level.'
The company has set up the Chair of Professorship on Entrepreneurship donating Rs.12 million.
The activities conducted by the chair would be twofold: academic research and industry-oriented dissemination of learning by way of teaching, training and management consulting.
Addressing the gathering from the US through video, Bala V. Balachandran, founder and honorary dean of Great Lakes Institute of Management, said that entrepreneurship was at the heart of economic growth of any nation and India should nurture entrepreneurs in large numbers.
Saturday, February 2, 2008
Entrepreneur - Schoolgirl
Ashley Qualls is the founder of Whateverlife.com (http://www.whateverlife.com/myspacebasics.php)
It started as a hobby. She began dabbling in Web-site design, when she was 9, hogging the family's Gateway computer in the kitchen all day. She taught herself the basics of Web design.
Ashley created the site in late 2004 when she was 14 as a way to show off her design work. Then she figured out how to customize MySpace pages and many classmates asked her to design theirs that she began posting layouts on her site daily, several at first, then dozens.
By 2005, her traffic had exploded; Her Web host suggested Google AdSense, a service that supplies ads to a site and shares the revenue. The greater the traffic, the more money she'd earn. The first check, her first paycheck of any kind, was a cool $2,790.
In January 2006, a few months after that first payday and six months before her 16th birthday, she withdrew from school. Instead of taking AP English, French, and algebra II, instead of being a straight-A sophomore at Lincoln Park High School, Ashley stayed home to nurture her budding business and take classes through an online high school.
Now her life is centered around working in the basement of the two-story, four-bedroom house that she bought last September for $250,000. The business brings in as much as $70,000 a month.
According to Google Analytics, Whateverlife attracts more than 7 million individuals and 60 million page views a month. Quantcast, a popular source among advertisers, ranked Whateverlife.com a staggering No. 349 in mid-July out of more than 20 million sites.
http://www.fastcompany.com/magazine/118/girl-power.html
It started as a hobby. She began dabbling in Web-site design, when she was 9, hogging the family's Gateway computer in the kitchen all day. She taught herself the basics of Web design.
Ashley created the site in late 2004 when she was 14 as a way to show off her design work. Then she figured out how to customize MySpace pages and many classmates asked her to design theirs that she began posting layouts on her site daily, several at first, then dozens.
By 2005, her traffic had exploded; Her Web host suggested Google AdSense, a service that supplies ads to a site and shares the revenue. The greater the traffic, the more money she'd earn. The first check, her first paycheck of any kind, was a cool $2,790.
In January 2006, a few months after that first payday and six months before her 16th birthday, she withdrew from school. Instead of taking AP English, French, and algebra II, instead of being a straight-A sophomore at Lincoln Park High School, Ashley stayed home to nurture her budding business and take classes through an online high school.
Now her life is centered around working in the basement of the two-story, four-bedroom house that she bought last September for $250,000. The business brings in as much as $70,000 a month.
According to Google Analytics, Whateverlife attracts more than 7 million individuals and 60 million page views a month. Quantcast, a popular source among advertisers, ranked Whateverlife.com a staggering No. 349 in mid-July out of more than 20 million sites.
http://www.fastcompany.com/magazine/118/girl-power.html
Sunday, January 27, 2008
BizWorld - The Organization and Program
The BizWorld Foundation's Mission
BizWorld's mission is to challenge and engage children across the cultural and economic spectrum through experiential learning programs that teach the basics of business, entrepreneurship, and money management and promote teamwork and leadership in the classroom.
Our Story
In 1993, our founder, venture capitalist Tim Draper, was asked by his eight-year-old daughter to describe what he did at work every day. Excited by the opportunity to explain entrepreneurship and business to a third grader, he used his daughter’s enthusiasm for making friendship bracelets to create a simulation activity in which students learn to start and run their own business.
From initial funding to marketing campaigns and financial statements, the program allowed students to not only understand how business works, but enabled them to experience it first-hand. The need and demand for BizWorld’s hands-on, cross-curricular, project-based approach to learning quickly became apparent.
In 1997, the BizWorld Foundation was established to make BizWorld programs available to all educators and effectively involve the community in the education of youth.
Our Reach
The BizWorld programs have reached students in all 50 states and 84 countries. BizWorld established its first international franchise in the Netherlands in 2001. Since then the BizWorld Foundation has grown to include affiliates in India and South Korea.
Programs
The BizWorld Foundation offer hands-on, interdisciplinary curricula that connects classroom learning to the real world by teaching key concepts and vocabulary in a way that is creative, challenging, and engaging to students in grades 3-8. The program offerings, BizWorld and BizWiz teach children about the exciting and pertinent concepts of business, entrepreneurship and money management. Both programs foster responsibility, leadership, problem solving and critical thinking skills through a Math, English Language Arts, S.S. and Economics curriculum in a stimulating, fun environment.
BizWorld
Core Concepts: Business and Entrepreneurship
Program Description: In the BizWorld program, students work in teams to start and run their own businesses in a simulated friendship bracelet industry. Taking on different leadership roles, students learn the basics of business and entrepreneurship as they apply for jobs, design, manufacture, market, and sell their products in the BizWorld marketplace.
Duration : Thirteen 45-minute sessions
BizWiz
Core Concepts: Saving and Investing
Program Description: In BizWiz, students play the roles of analysts, controllers and traders to learn the basics of saving and investing. Working in teams, students set financial goals, analyze forecasts, create a diversified portfolio, track their investments, allocate assets and trade.
Duration: Seven 45-minute sessions
Contact
The BizWorld Foundation
444 De Haro Street, Suite 203
San Francisco, CA 94107
Tel: 415-503-5880
Fax: 415-863-2072
General Questions/Comments
info@bizworld.org
Read appreciation of the program and initiative in the post
http://edu-research-news.blogspot.com/2008/01/business-and-entrepreneurship-education.html
Bizworld site
http://www.bizworld.org/
BIzworld is supported by Merrill Lynch, Franklin Templeton.
BizWorld's mission is to challenge and engage children across the cultural and economic spectrum through experiential learning programs that teach the basics of business, entrepreneurship, and money management and promote teamwork and leadership in the classroom.
Our Story
In 1993, our founder, venture capitalist Tim Draper, was asked by his eight-year-old daughter to describe what he did at work every day. Excited by the opportunity to explain entrepreneurship and business to a third grader, he used his daughter’s enthusiasm for making friendship bracelets to create a simulation activity in which students learn to start and run their own business.
From initial funding to marketing campaigns and financial statements, the program allowed students to not only understand how business works, but enabled them to experience it first-hand. The need and demand for BizWorld’s hands-on, cross-curricular, project-based approach to learning quickly became apparent.
In 1997, the BizWorld Foundation was established to make BizWorld programs available to all educators and effectively involve the community in the education of youth.
Our Reach
The BizWorld programs have reached students in all 50 states and 84 countries. BizWorld established its first international franchise in the Netherlands in 2001. Since then the BizWorld Foundation has grown to include affiliates in India and South Korea.
Programs
The BizWorld Foundation offer hands-on, interdisciplinary curricula that connects classroom learning to the real world by teaching key concepts and vocabulary in a way that is creative, challenging, and engaging to students in grades 3-8. The program offerings, BizWorld and BizWiz teach children about the exciting and pertinent concepts of business, entrepreneurship and money management. Both programs foster responsibility, leadership, problem solving and critical thinking skills through a Math, English Language Arts, S.S. and Economics curriculum in a stimulating, fun environment.
BizWorld
Core Concepts: Business and Entrepreneurship
Program Description: In the BizWorld program, students work in teams to start and run their own businesses in a simulated friendship bracelet industry. Taking on different leadership roles, students learn the basics of business and entrepreneurship as they apply for jobs, design, manufacture, market, and sell their products in the BizWorld marketplace.
Duration : Thirteen 45-minute sessions
BizWiz
Core Concepts: Saving and Investing
Program Description: In BizWiz, students play the roles of analysts, controllers and traders to learn the basics of saving and investing. Working in teams, students set financial goals, analyze forecasts, create a diversified portfolio, track their investments, allocate assets and trade.
Duration: Seven 45-minute sessions
Contact
The BizWorld Foundation
444 De Haro Street, Suite 203
San Francisco, CA 94107
Tel: 415-503-5880
Fax: 415-863-2072
General Questions/Comments
info@bizworld.org
Read appreciation of the program and initiative in the post
http://edu-research-news.blogspot.com/2008/01/business-and-entrepreneurship-education.html
Bizworld site
http://www.bizworld.org/
BIzworld is supported by Merrill Lynch, Franklin Templeton.
Business and Entrepreneurship Education for 5th Class
Business and Entrepreneurship Education in Primary Schools
Tim Draper – a partner with DFJ, came up with the idea to teach his daughter’s class about entrepreneurship. Later, he founded Bizworld.org, as he realized that most schools do an OK job teaching kids about math and sciences but fall short on teaching the basics of business and entrepreneurship. Entrepreneurial skills will become increasingly valuable in the future – particularly as traditional math and science skills become commodities.
In a typical Bizworld class, a class is divided into competing teams – startups - who vie to achieve the highest valuation. Every team has to go through the lifecycle of a startup – including creating a product, raising money, coming up with a marketing campaign and selling the product.
Acording to Antony Awaidal, CEO of StartLeap which helps companies innovate in their sales and marketing and jumpstart their sales, the Bizworld is a great fun for the fifth graders and they also gained great business insights. He points out remark made by his sone in the fifth class regarding a local family theme park – Bonfante Gardens which was largely empty on a Saturday afternoon. His kids are bored and
he asked his younger son: “Don’t you like Bonfante Gardens?” His son concluded: “I like it 10% as much as Great America” – a local cheesy theme park with stomach turning wild rides.
HIs older son the fifth grader - commented: “Perhaps Mr. Bonfante should have attended a BizWorld Class. He would have realized who the customer really is and what they really want. The real customer is us – the kids!”
A key lesson he and his classmates learned powerfully in Bizwold is the importance of understanding who the customer is and focusing on their needs. While many of the bizworld teams focused on creating – what they thought were great products - and sophisticated commercials. The winning team, created simple but colorful products, and their commercial - a raunchy/slapstick commercial - was a great hit with the customers - 2nd graders.
Read about Bizworld the organization and programs in the post
http://edu-research-news.blogspot.com/2008/01/bizworld-organization-and-program.html
Reference
http://nexuspartners.typepad.com/weblog/2006/09/getting_into_th.html
Tim Draper – a partner with DFJ, came up with the idea to teach his daughter’s class about entrepreneurship. Later, he founded Bizworld.org, as he realized that most schools do an OK job teaching kids about math and sciences but fall short on teaching the basics of business and entrepreneurship. Entrepreneurial skills will become increasingly valuable in the future – particularly as traditional math and science skills become commodities.
In a typical Bizworld class, a class is divided into competing teams – startups - who vie to achieve the highest valuation. Every team has to go through the lifecycle of a startup – including creating a product, raising money, coming up with a marketing campaign and selling the product.
Acording to Antony Awaidal, CEO of StartLeap which helps companies innovate in their sales and marketing and jumpstart their sales, the Bizworld is a great fun for the fifth graders and they also gained great business insights. He points out remark made by his sone in the fifth class regarding a local family theme park – Bonfante Gardens which was largely empty on a Saturday afternoon. His kids are bored and
he asked his younger son: “Don’t you like Bonfante Gardens?” His son concluded: “I like it 10% as much as Great America” – a local cheesy theme park with stomach turning wild rides.
HIs older son the fifth grader - commented: “Perhaps Mr. Bonfante should have attended a BizWorld Class. He would have realized who the customer really is and what they really want. The real customer is us – the kids!”
A key lesson he and his classmates learned powerfully in Bizwold is the importance of understanding who the customer is and focusing on their needs. While many of the bizworld teams focused on creating – what they thought were great products - and sophisticated commercials. The winning team, created simple but colorful products, and their commercial - a raunchy/slapstick commercial - was a great hit with the customers - 2nd graders.
Read about Bizworld the organization and programs in the post
http://edu-research-news.blogspot.com/2008/01/bizworld-organization-and-program.html
Reference
http://nexuspartners.typepad.com/weblog/2006/09/getting_into_th.html
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