Visitors to the centre

ACE must have had a record number of visitors this summer. Among the more well-known we find Paul D Reynolds, Dean Shepherd, Bill Schulze, and Charlene Zietsma. All gave seminars and interacted with staff and research students in a number of ways. Apart from Paul they also served as keynotes at the ACERE conference, while Paul gave a presentation at the Department of Industry, Science & Innovation in Canberra. Paul offered a half day workshop in theory construction for research students, while Charlene and also Paul also appeared in Per’s research unit “Contemporary Issues in Entrepreneurship Research”. So did Martin Obschonka, who also gave a seminar during his weeklong visit in March. QUT staff and students further benefited from ACE adjunct Dean Shepherd’s expert through a researching & reviewing masterclass, and an interactive session on “Getting your Academic Voice Heard.”

Additional ACE visitors this summer included Andrew Maxwell, Etienne St-Jean, Solvi Solvoll, Martin Allmendinger, Mahamadou Biga Diambeidou, Karina Zittel, Carla Riverola, Pamela Nowell, Henrik Barth, Angelo Cavello, Naser Zamani. Of these, Angelo and Naser will be with us for some time with Henrik leaving mid-May after several months of developing research collaboration with members of ACE and QUT researchers.

Read more news from ACE here

How to Make Ideas Bloom Breakfast – 18 May

REPOST: Story by Annalise Pennisi for Real World Futures

Organisations are changing the way they work in order to harness their employees’ big ideas and stay competitive in today’s global marketplace.

Dr Henri Burgers, a Senior Lecturer in Business and Management at QUT, said the trend of corporate entrepreneurship was about adapting business structures to support new ideas from employees.

“In terms of disruption, I think organisations increasingly realise that if they want to be able to deal with that kind of disruptive innovations and those kind of big changes … they need to be able to tap into the entrepreneurial spirit of their employees,” he said.

The role of corporate entrepreneurship will be the subject of a Real World Conversation at QUT on May 18. The conversation, Making Ideas Bloom will feature speakers from industry and QUT’s Australian Centre for Entrepreneurship Research.

Dr Burger said studies showed that at any given time, about 6% of the adult population, most of whom are in working environments, are starting a business.

“If you apply that to an organisation … say it has a hundred thousand employees – that means that at any given time, about six thousand of those employees are working on a new business idea or an entrepreneurial idea,” he said.

Research carried out around the world showed that about two-thirds of people started a business  highly related to their current organisation.

“There’s a lot of anecdotal evidence that they often want to contribute this to their organisation but somehow they found roadblocks,” he said.

“(It might be) A manager that says, ‘No, focus on your current work.  No time for fiddling around with new ideas’.”

Firms are increasingly contracting employees for short-term projects as a way of engaging and enhancing corporate entrepreneurship.

“Even if it’s not about starting your own business, it’s about managing your career in an entrepreneurial way that you’ll be able to self manage these kinds of projects and new ideas.”

Dr Burgers said organisations tended to invest large amounts into few ideas and were generally good at predicting the outcomes of these investments.

The challenge with more disruptive or radical innovations is that they are much more unpredictable.

“We don’t know now what’s going to come out and if you apply that same approach, you’re very often wrong.”

“The challenge for orgnisations is to find ways to almost play that numbers game better.”

He suggests Lean Startups as a way of experimenting with many different ideas at low costs and the ones that succeed, the firms can take to the next level.

“If there’s all these would be entrepreneurs in your organisation, you can tap into those and some of those will be very good ideas.”

Hear more at the next Real World Futures  event – How To Make Ideas Bloom Breakfast on Wednesday 18 May 2016.  Learn more about the event and register here.

QUT ACE – Creating A More Entrepreneurial Organisation In Three Steps – watch the video

video storyboard

Read more news from ACE here

Breaking the Barriers to Student Entrepreneurship

Republished with the permission of the authorTim Hui, President of Fellowship of Medical Engineers & Student Ambassador at QUT.  Photography credit to Marvin Fox Photography.

May 31 saw a close to the Startup Hatch program, with a finale Showcase Event. Startup Hatch was a program planned over a period of 4.5 months, that kicked off on March 2nd and concluded on March 31st that gave university students the opportunity to turn ideas into reality.

Students were encouraged to submit their idea at the start throughout January – February and pitch at Startup Hatch Launch for input and co-founders who could bring new and contrasting skillsets to their team. Startup Hatch Launch saw the formation of 13 teams and by the end of March, there were 19 teams taking part in the program. There were 15 partners, including leading companies to give students a unique insight and develop the core aspects of entrepreneurship and starting a business.

The final day of Startup Hatch, the Showcase, was ultimately a success with 9 of the teams willingly pitching to a panel of three judges and an audience of over 150 people. Read more

Building on ISPIM conference!

As/Pro Roxanne Zolin used the opportunity of the ISPIM conference to consolidate a research partnership with Professor Matthias Fink and some of his PhD students. Following the conference presentations the group shared their research interests and opportunities for research funding and projects.   Professor Matthias Fink and Roxanne share an interest in immigrant and refugee entrepreneurship. Michael Gusenbauer, a Ph.D candidate at the Institute for Innovation Management (ifi) at the Johannes Kepler University Linz, gave a presentation of his PhD on Innovation Offshoring.  Johannes Gartner talked about his interests in Gamification for a T&L Grant. And Daniela shared her interests in SME banking. The group hope to reunite in Vienna next year.

From right to left: Johannes Gartner, Johannes Kepler University (JKU), Professor Matthias Fink, JKU, As/Pro Roxanne Zolin, QUT, Michael Gusenbauer, JKU and Daniela Maresch, JKU.

From right to left: Johannes Gartner, Johannes Kepler University (JKU), Professor Matthias Fink, JKU, As/Pro Roxanne Zolin, QUT, Michael Gusenbauer, JKU and Daniela Maresch, JKU.

Read more news about ACE here

Animated vignettes

sketchbook animation

The ACE series of 3-8 minute [animated/sketchbook/video vignettes] videos introduces important research findings in a very accessible format. They are mainly aimed at practitioner audiences but have proven very useful also for educational purposes. Our most recent videos are:

Cracking the start-up code: Does it matter when you do what?

Frugal Innovation Through Bricolage

Business Planning and the Emergence of New Ventures

View the full series of sketchbook videos

 

Research vignettes

The ACE series of 2-page research vignettes is aimed at sharing current and interesting research findings from our team of international Entrepreneurship researchers. These brief summaries are mainly aimed at practitioner audiences but may also prove fruitful for educational purposes and as “executive summaries” for researchers. Newly posted vignettes are:

The full series of vignettes can be found here.

Moving On

After almost four years at ACE, Dr Rene Bakker has decided to move on with his life and career and has taken up a position as Assistant Professor, Management and Entrepreneurship, at the University of Indiana, Bloomington, USA. Rene has been a very important contributor to ACE’s research environment and our success at research grant income and scholarly publishing. Conversely, we like to think that ACE has been a fruitful environment for Rene’s growth as a scholar. Looking forward to continued fruitful collaboration (and friendship) we wish Rene all the best in his new country and new position. The responsibility for Rene’s ARC-funded mining project with the Queensland Resources Council has been taken over by Dr Henri Burgers.

No patent, no success? How to protect your business idea.

Thursday, 19 November 2015 from 9:00 AM to 11:00 AM (AEST)

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REGISTER FOR THIS EVENT

You have an innovative idea and want to start a venture? Promoting your business idea – both offline and online – is a fundamental part of the entrepreneurial journey. As start-ups seek customers, potential partners, investors or even new employees, they must repeatedly reveal details about their product or service to others. Safeguarding intellectual property has become crucial to developing and maintaining a successful business.

Learn more about how, when and why during Global Entrepreneurship Week 2015! The Australian Centre for Entrepreneurship Research, IP Australia and QUT Bluebox kindly invite you for their interactive event on intellectual property on Thursday 19 November. Kevin Restrick, Senior Patent Examiner at IP Australia, and Brent Watts, Director Innovation & Engagement at QUT Bluebox, Dr Matthew Rimmer, QUT Professor in Intellectual Property and Innovation will share their expertise and answer questions. Sam James and Laurie Malone founders of Blucore and Vald Performance, will reflect on intellectual property issues throughout their entrepreneurial journey.

Come along and join the discussion!

Future Working: The Age of Entrepreneurship

Tuesday, 17 November 2015 from 7:00 AM to 10:00 AM (AEST)

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REGISTER FOR THIS EVENT

Australia’s new Prime Minister has issued the nation a challenge: to become more entrepreneurial and innovative so we can keep improving our living standards in a more competitive world.

The challenge for Malcolm Turnbull is to foster an environment where this can happen.
Future Working – The Age of Entrepreneurship is a Real World Conversation where these challenges will be analysed. And some solutions to the impediments to entrepreneurship will be identified. We already know that young small-to-medium enterprises are the engine room of job growth but what more can a more entrepreneurial society achieve?

The questions to be examined include how entrepreneurship can ease underemployment, youth unemployment and help new immigrant groups to Australia. There are also challenges and opportunities for entrepreneurs to serve (or be drawn) from the increased ageing population. This event will bring together perspectives from different arenas to identify an agenda for development.

The Real World Conversation, in partnership with Australian Centre for Entrepreneurship Research, invite you to hear leading speakers on these issues and participate in small group workshops which will create an agenda for change to help address this national challenge.

SPEAKERS: Prof Per Davidsson | Director, Australian Centre for Entrepreneurship Research, Assoc Prof Paul Steffens | Deputy Director, Australian Centre for Entrepreneurship Research, Ran Heimann | Founder & CEO, Haystack, Vanessa Garrard | Founder & CEO, E3 Style  Rebecca Wilson | Founder & CEO, Starts at 60, Jeremy Liddle | CEO, CapitalPitch