MIT Global Entrepreneurship Bootcamp @QUT

You will be pushed to your limit. You will learn. You will have fun.

QUT has been selected to host the MIT Global Entrepreneurship Bootcamp at Gardens Point campus in Brisbane in March, 2017.

The highly-selective camp condenses a one year MIT course into a week-long, action-based learning experience for budding entrepreneurs picked from across the world.

Applicants must apply to MIT by the latest January 31, 2017 and selection is based on five criteria – rigor, initiative, contribution to community, team and cultural fit and entrepreneurship potential.

QUT Vice-Chancellor Peter Coaldrake said the university was proud to have been selected to host the bootcamp.

The partnership between, QUT, MIT and the Queensland Government means QUT will offer three scholarships to attend the bootcamp, including one specifically for an Indigenous Australian.

“We have been building an entrepreneurial focus across the university for some time now and staging the bootcamp at our Gardens Point campus will allow us to take this to the next level,” Professor Coaldrake said

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Innovation and Design Thinking @ QUT

Thanks to ACE researcher Dr. Judy Matthews attracting her to QUT, we could enjoy a speech by Jeanne Liedtka at the Vice-Chancellor’s Forum on Monday, 26 September 2016. Jeanne is Professor at the Darden Graduate School of Management, University of Virginia.

Her speech was on “design thinking”, especially in the context of innovation. The design thinking movement challenges social scientists not to stop at academic publication of their findings, but to translate them into a toolkit that practitioners actually can and will use. Liedtka has previously promoted this approach in her books The Catalyst, Designing for Growth: A design thinking tool kit for managers, and Solving Business Problems with Design Thinking: Ten Stories of What Works. At the closing of the event ACE Director Per Davidsson took the podium to deliver the thanks to Professor Liedka. Per exemplified the impact design thinking can have with the Business Model Canvas—which may do not even know is an academic product—and reminded about the recent visit to QUT and ACE by one of its creators, Professor Yves Pigneur. Some of the background of this success story is revealed in this conversation between Yves, Per, and ACE Deputy Director, Professor Paul Steffens. While being self-critical on behalf on mainstream social science in his concluding remarks, Per also pointed out that input from such research are an important building block in performing the low cost experiments that can lead to a design-based solution that works.

The links to Jeanne Liedtka’s presentation can be found here:

Part 1 link is https://youtu.be/2fEIG-M8oUo

Part 2 link is https://youtu.be/Fcswyx5PvyY

Former ACE postdoc wins research award

Former ACE researcher Rene Bakker, now an Assistant Professor of Management and Entrepreneurship at Indiana University, has won the 2016 Kelley School of Business Research Award. The award recognizes Rene’s research performance over the past year, culminating in a set of publications in the leading management journals. The award is in part based on the work on the Australian mining industry which Rene undertook during his time at ACE.  Rene was with ACE from 2011 to 2015 first as a postdoc and later as a senior research fellow. You’ll find out more about Rene and the Australian Centre for Entrepreneurship Research in this ACE Spotlight Interview conducted by Annelore Huyghe.

Links to some of Rene’s key articles can be found below.

Pull the plug or take the plunge: Multiple opportunities and the speed of venturing decisions in the Australian mining industry.   RM Bakker, D Shepherd.   Academy of Management Journal (Forthcoming)

Stepping in and stepping out: Strategic alliance partner re‐configuration and the unplanned termination of complex projects.   RM Bakker.   Strategic Management Journal 37 (9), 1919–1941

 

Position opportunity at QUT Brisbane, Australia

The School of Management at Queensland University of Technology’s triple accredited Business School is recruiting an Associate Professor in Entrepreneurship. We are seeking a research active academic leader and teacher. We are looking for someone who engages in impactful entrepreneurship research, works collaboratively and can lead inter disciplinary academic teams to solve problems with research users.  As a quality academic we expect you to share your excitement for and knowledge about entrepreneurship with students.

The position details are available on the QUT jobs website (and the position description is here). If you think this job is for you please talk to Professor Rowena Barrett, Head, School of Management (rowena.barrett@qut.edu.au) or Professor Per Davidsson (per.davidsson@qut.edu.au), Director, Australian Centre for Entrepreneurship Research, QUT Business School. If the position isn’t for you, but you know someone it might suit, then please share it widely amongst your networks.

Research vignettes – print and video

We have published another sketchbook video vignette, namely Henri Burgers’ “Creating A More Entrepreneurial Organisation In Three Steps”. Be one of the first 1,000 to view it!

You can access our other sketchbook video vignettes on innovation, bricolage, growth, business planning and the start-up process here.

We also have two new print vignettes (2-page, lay language summaries of research):

The complete collection of print vignettes is available here.

Read more news from ACE here

Funding Success

ACE has just received $100,000 funding from the Department of Industry, Innovation and Science to conduct the Global Entrepreneurship Monitor (GEM) project in 2016. Now into its 17th year, the GEM project is the largest study of entrepreneurship in the world, benchmarking entrepreneurship activity, attitudes and aspirations of over 80 countries annually. The project is led by ACE Deputy Director, Associate Professor Paul Steffens and ACE has acted as the Australian GEM partner since 2010 – participated in the GEM project in 2010, 2011, 2014, 2015 and 2016. Earlier, Swinburne University participated in GEM for several years in the period 2000-2006.

Per Davidsson from ACE has, together with Jan Recker and Frederik von Briel from the Information Systems School, just received $70,000 Catapult funding from QUT’s Institute for Future Environments (IFE) for their interdisciplinary research project on IT hardware start-ups. IT hardware start-ups are an important element in the global economy and have recently witnessed a surge in interest and investment; however, to date there is no research that offers explanations for these movements. The project will identify IT hardware start-ups globally and investigate factors that foster their emergence, survival, and growth.

Read more news from ACE here

Policy and Media Engagement

The intensified engagement with various government department and agencies that we reported about in the last Newsletter has continued. This has included three visits to Canberra and two delegations visiting ACE from Canberra. This engagement concerns a variety of issues like Innovation and Science Australia’s audit of the innovation eco-system; the planned “Entrepreneur Visa” (like the former a part of the National Innovation and Science Agenda); continued research on “nascent entrepreneurship” in Australia through the GEM and CAUSEE research programs; and the Department of Industry, Innovation and Science’s collaboration with the Australian Bureau of Statistics to develop a longitudinal data set (EABLD) to track business dynamics over time.

The media attention has also continued. On February 5, Per Davidsson gave a radio interview for 612 ABC Brisbane in connection with the public launch of the CAUSEE data set (and cited The Hitchhiker’s Guide to the Galaxy In one of the answers!). On April 13 he was back on the air, now for 666 ABC Canberra on the above-mentioned topic of the entrepreneur visa. Deputy Director Paul Steffens has also hit the media with insights from the Global Entrepreneurship Monitor (GEM) project featured in an article in The Australian concerning women’s entrepreneurship.

Read more news from ACE here

Farewell

After two years with ACE Professor Tõnis Mets’ will return home to Estonia as his Marie Curie Fellowship from the EU runs out. At ACE Tõnis has worked on a range of issues and particularly on entrepreneurial process in the high technology small firms, and published a dozen work including five journal articles, six book chapters, and a research reports.

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

Stepping Towards an Enterprising Future

Col-pic

Entrepreneurship is buzzing at Queensland University of Technology, and its not just world class research. Increasingly our students are engaging in many activities linked to their formal studies and outside to develop their enterprising self. For those of you I have not yet met, my name is Colin Jones and I have just joined the School of Management. I am very excited to be arriving at the Queensland University of Technology right at this moment in time when helping our students to imagine and follow their dreams is such a strategic imperative. My past work has focused on the development of reasonable adventurers, or graduates capable of creating their own opportunities for satisfaction. I look forward to making the most of my contacts in the United States and Europe to help the Queensland University of Technology establish a reputation as a leading provider of entrepreneurship education. Critical to such aspirations is the need to connect our current and future efforts to existing programs, like QUT Starters and excellent leadership Development and Innovation program, which many Queensland University of Technology students are already participating in. We see entrepreneurship as not being containable to a classroom, and we aim to use the aspirations of our students to contextualize their learning opportunities in the dynamic space. We believe our students already exist in the real world and we want to help them to realize the change that is possible in both themselves and the future world of their dreams.

Read more news about ACE here