Entrepreneurship
Entrepreneurship Program
Program
Teaching the Small
Business/Entrepreneurship
Course
USASBE Annual Conference
January 8, 2009
The Team
Mary Abrahams
David Allen
Kendall Artz
Les Palich
Bill Petty
Marlene Reed
Entrepreneurship Program
Contact Info
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mary_abrahams@baylor.edu
jdavid_allen@baylor.edu
kendall_artz@baylor.edu
les_palich@baylor.edu
bill_petty@baylor.edu
marlene_reed@baylor.edu
Phone: 254.710.2261
Agenda
8:15
8:30 – 9:15
9:15 – 10:00
10:00 – 10:15
10:15 – 11:15
11:15 – 12:00
12:00 – 1:00
1:00 – 2:00
2:00 – 2:30
2:30 – 3:00
3:00
Introduction/Baylor Program Overview (Kendall)
Creativity and Opportunity Recognition (Marlene)
Finance I (Bill)
Break
Finance II (Bill)
Business Plan (David & Kendall)
LUNCH
Ethics in Small Business (Marlene)
Using Videos in the Classroom (Les)
Taking it to the next level (Kendall)
Innovative Teaching Ideas (Audience Contribution)
Electronic Access to Materials
To access the electronic copies of the materials
presented today, go to:
http://www.baylor.edu/business/management/
Scroll down to the bottom right side of the page
to the USASBE logo to get to the links for the
documents.
Entrepreneurship Program
Program Overview
• Established in 1977
• Located in the Department of Management and Entrepreneurship:
Hankamer School of Business
• Baylor – oldest University in Texas, located in Waco, Texas
• Largest Baptist University in the world
• 14,000 university students, 3200 in the School of Business
Entrepreneurship Program
Program Organization
Baylor Entrepreneurship Program
Kendall Artz – Director
Les Palich – Assoc. Director
John Baugh Center
for Entrepreneurship
Director: David Allen
Center for International
Technology Ent.
Director: Greg Leman
Curriculum/
International Programs
Les Palich
Ent. Living & Learning
Center
Director: Mary
Abrahams
Research
Ph.D. faculty
Franchising Center
Programming/
Fundraising
(In Process)
Entrepreneurship Program
By the numbers (students)
• 160 current entrepreneurship majors (juniors and seniors)
• 1100+ entrepreneurship major alumni
• 1000+ students/year take at least one entrepreneurship course
• $170,000 in annual scholarships for entrepreneurship majors
• 30 entrepreneurship courses offered
– 20 undergraduate
– 10 graduate
Entrepreneurship Program
By the numbers (faculty/staff)
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9 tenured or tenure-track entrepreneurship faculty
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1 entrepreneurship clinical professor
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2 staff program directors
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2 entrepreneurship adjunct professors
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9 endowed entrepreneurship chairs or professorships
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entrepreneurship faculty fellows (engineering and theatre arts)
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funded entrepreneur-in-residence program
Entrepreneurship Program
Entrepreneurship Faculty/Staff
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Mary Abrahams – Director: Living and Learning Center
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Walter Bradley
- Professor of Mechanical Engineering
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Cynthia Fry
- Assoc. Dean in Computer Science
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Greg Leman
- Director: Center for Technology
Entrepreneurship
Kevin Johnson (Ph.D. – Indiana)
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Sherry Ward
– Lecturer in Theatre Arts
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Les Palich (Ph.D. – Arizona State)
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Marlene Reed
- Adjunct Professor
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Bill Petty (Ph.D. – Texas)
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Elizabeth Vaughn – Administrative Assistant
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Jim Roberts (Ph.D. – Nebraska)
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Bill Worthington (Ph.D. – Texas A&M)
John F. Baugh Center for Entrepreneurship
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J. David Allen
– Director
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Unfilled faculty position
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Assistant Director
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Malinda Green
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Kendall Artz (Ph.D. – Purdue)
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Ray Bagby (Ph.D. – South Carolina
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Steve Bradley (Ph.D. – Indiana)
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Jamie Collins (Ph.D. – Texas A&M)
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– Currently vacant
– Administrative . Assistant
Entrepreneurship Program
Entrepreneurship study abroad programs
• European Entrepreneurship Experience
– 5 week summer experience covering 6 countries in Europe
• Technology Entrepreneurship in China
– 5 week summer program in Shanghai focusing on technology
– Includes students from USST, Thunderbird, American University
• Entrepreneurship in the Dominican Republic
– 3 week summer program focusing on entrepreneurship and economic
development
• Social Entrepreneurship in Africa
– 5 week summer program, includes 3 weeks in Rwanda, Kenya, or Ghana.
Entrepreneurship Program
Student Programs and Organizations
• On-campus student business incubator
• Venture Associates Group
• Collegiate Entrepreneurs Organization
• Students in Free Enterprise
• Entrepreneurship Student Advisory Board
• Various alumni mentoring programs
Entrepreneurship Program
Undergraduate Entrepreneurship Curriculum
15 hour undergraduate major with 5 available concentrations
- International entrepreneurship
- Social entrepreneurship
- Technology entrepreneurship
- Corporate entrepreneurship
- Family Business
Entrepreneurship Program
Entrepreneurship Curriculum
MAJOR REQUIREMENTS
All from
ENT 3320
Entrepreneurial Process
Any one from
ENT 4320
Managing the Family Business
ENT 4310
Entrepreneurial Finance
ENT 4330
Corporate Entrepreneurship:
Initiating and Sustaining Innovation
ENT 4325
Entrepreneurial Business Plan
ENT 4353
Social Entrepreneurship and
Economic Development
------------------------------------------------------------------------------------------------------Any one from
ENT 4398
ENT 4340
Special Studies for
Technology Entrepreneurship
Entrepreneurship
ENT 4395
Internship in Entrepreneurship
ENT 4360
Franchising: Franchisee and
Franchisor Perspectives
ENT 4350
International Entrepreneurship
ENT 4380
Social Entrepreneurship: Microfinance and
Economic Development in Africa
ENT 4351
Entrepreneurship in the EU
ENT 4352
Technology Entrepreneurship in China
15 sem. hrs.
Entrepreneurship Program
Entrepreneurship Offerings for Non-business students
• Entrepreneurship Minor (18 hrs) for non business students
• Entrepreneurship Certificate program (9 hrs) for engineering students
• Freshman-level “Entrepreneurship and Creative Leadership” course
• Junior-level “Starting and Managing a Business” course
Entrepreneurship Program
Other features
• Home of Entrepreneurship Theory and Practice - Ray Bagby (ed.)
• #1 ranked entrepreneurship textbook “Small Business Management: Launching
and Growing Entrepreneurial Ventures” 15ed. (Longenecker, Petty, and Palich)
• 20th year of awarding the Texas Family Business of the Year Award
• 250 new venture concept evaluations conducted annually (for practicing
entrepreneurs nationwide)
Entrepreneurship Program
Bill Petty
2007– Designated “Master Teacher” at Baylor University
2008 National Entrepreneurship Educator of the Year
(Acton Foundation)
Entrepreneurship Program
Taking it to the next level
• European Entrepreneurship Experience (E3)
– 5 week summer experience covering 6 countries in Europe – Les Palich
• Technology Entrepreneurship in China (I5)
– 5 week summer program in Shanghai focusing on technology
– Includes students from USST, Thunderbird, American University – Greg Leman
• Entrepreneurship in the Dominican Republic
– summer program focusing on entrepreneurship and economic development
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Les Palich, Marlene Reed and David Allen
• Social Entrepreneurship in Africa
– 5 week program, includes 3 weeks in Rwanda, Kenya, or Ghana – Kendall Artz
Entrepreneurship Program
Taking it to the next level
• Angel Network
– angels evaluate Baylor-related deals for investment
– Students engage in due diligence
– Baylor entrepreneurship participates in profits
• Entrepreneurship Living and Learning Center
– Director- Mary Abrahams
• Franchising Specialization
– Offering first course Spring 2009