1. 1 Lecture One MSN 541 ENTREPRENEURSHIP tek-GİS

2. 2 TEK-GIS PROGRAM http://www.bilkent.edu.tr/~imer/tek-gis.html tek-GİS

3. 3 CORE COURSES Entrepreneurship New Product Development Entrepreneurial Marketing and Sales Entrepreneurial Finance & Accounting The Art of CEO: Business skills for future leaders tek-GİS

4. 4 Web sites http://www.bilkent.edu.tr/~imer/dersler.html http://www.managementhelp.org http://www.dunyagazetesi.com.tr http://www.ekodialog.com http://www.ekonomist.com.tr http://compoundsemiconductor.net http://www.technologyreview.com http://www.biltek.tubitak.gov.tr http://www.die.gov.tr http://www.dpt.gov.tr

5. 5 Web sites http://www.kosgeb.gov.tr http://www.tubitak.gov.tr http://www.ttgv.org.tr http://www.sanayi.gov.tr http://www.hazine.gov.tr http://www.turkpatent.gov.tr http://www.wipo.int http://www.uspto.gov http://www.epo.org http://www.google.com/patents http://www.planware.org

6. 6 GLOBALIZATION

7. 7 GNP (GSMH) as of 2002 COUNTRY GROUPS GNP (billion $) % Population (million) % GNP per capita Low income1,071.73.42,49540.2430 $ Mid income total5,020.315.92,74244.21,840 $ Mid-low3,352.410.62,41138.91,390 $ Mid-high1,667.95.33315.35,040 $ High income25,387.780.796515.626,310 $ Total31,483.91006,2011005,080 $ Source: World Economic Indicators Database, World Bank, April 2003

8. 8 CUSTOMS UNION YIL ITHALAT (MILYAR $) IHRACAT (MILYAR $) ACIK (MILYAR $) GNP BUYUME % DIS BORC (MILYAR $) 19906.99.3-2.49.451,981 199179.2-2.20.352,990 19927.610-2.46.458,105 19937.613.9-6.38.170,716 19948.610.9-2.3-6.168,081 19951116.9-5.9876,054 199611.523.1-11.67.179,210 199712.224.9-12.78.384,228 199813.524.1-10.63.996,418 199914.321.4-7.1-6.5102,983 200014.326.4-12.16.1118,686 200116.118.3-2.2-9.5113,948 200218.523.3-4.87.8131,551 200322.131.5-9.45.9147,264 Source: Dis Ticaret Mustesarligi verileri, DPT

9. 9 GDP (GSYIH) Source: World Development Indicators database, World Bank, April 2003, Forbes April 2003 RANKCOUNTRY/COMPANY GDP/REVENUE (billion $) RANKCOUNTRY/COMPANY GDP/INCOME (billion $) 1USA10,06521Sweden210 2Japan4,14122EXXON MOBIL192 3Germany1,84623Austria189 4England1,42424Saudi Arabia186 5France1,31025GENERAL MOTORS177 6China1,15926Poland176 7Italy1,08927BP174 8Canada69528Norway166 9Mexico61829FORD MOTOR162 10Spain58230Hong Kong, China162 11Brazil50331Denmark161 12India47732Turkey148 13South Korea42233Indonesia145 14Netherland38034ENRON139 15Australia36935DAIMLER – CHRYSLER137 16Russia31036ROYAL DUTCH/SHELL135 17Argentine26937GENERAL ELECTRIC126 18Switzerland24738Venezuela125 19Belgium23039Finland121 20WAL MART22040TOYOTA121

10. 10 EMPLOYEMENT 19901995200020012002200320042005 Population 15 years and over 35,60141,17546,21147,15848,04148,91249,90650,826 Labor Force20,15022,28623,07823,49123,81823,64024,28924,565 Labor Force Participation 56.6 %54.1 %49.9 %49.8 %49.6 %48.3 %48.7 %48.3 % Employment18,53920,58621,58121,52421,35421,14721,79122,046 Employment Rate 52.1 %50.0 %46.7 %45.6 %44.4 %43.2 %43.7 %43.4 % Unemployment1,6121,7001,4971,9672,4642,4932,4982,520 Unemployment Rate 12.1 %10.8 %8.8 %11.6 %14.2 %13.8 %13.6 %12.7 % Young unemployment 16 %15.6 %13.1 %16.2 %19.2 %20.5 %19.7 %19.3 % Source: DPT Economic and Social Indicators (1995-2006)

11. 11 R & D EXPENSES Source: Devlet Istatistik Enstitusu (DIE), Gostergeler: Ar-Ge

12. 12 RESEARCH Source: UNAM

13. 13 RESEARCH Source: UNAM

14. 14 EFFECT OF TECHNOLOGY ON ENVIRONMENT AND ECONOMICS Transforms society Adds Value Preserves and cultivates environment Creates welfare

15. 15 Energy consumption Source: UCSB Engineering Insights 2006, Steven P. DenBaars

16. 16 BRIDGING THE GAP BETWEEN BUSINESS & ACADEMIA ACADEMIA -Transform Society -Research Initiatives -Educate new students -Create new discoveries BUSINESS -Deals hands-on with society -Catch up with trends -Produce New Discoveries -Increase revenue and profitability GAP ENTREPRENEUR

17. 17 WHAT IS ENTREPRENEURSHIP? The word “entrepreneur” is derived from French “entreprendre” (:antro-prand) meaning “to undertake” An entrepreneur is an innovator/developer who recognizes opportunities; converts those opportunities into workable/marketable ideas; adds value through time, effort, money or skills; assumes risks of the competetive market place to implement those ideas; and realizes rewards from these efforts.

18. 18 WHAT IS ENTREPRENEURSHIP? Peter F. Drucker (a leading management thinker): “Most of what you hear about entrepreneurship is ALL WRONG! It’s NOT magic; it’s NOT mysterious; and it has NOTHING to do with genes. It’s a discipline and, like any discipline, it can be learned!” Innovation and Entrepreneurship (New York: Harper & Row, 1985)

19. 19 WHAT IS ENTREPRENEURSHIP? An entrepreneur should be: –Disciplined and determined –Independent thinker –Innovative (outside the box thinker) –Trend follower and setter simultaneously –Initiative –Leader –Risk taker

20. 20 TYPE OF BUSINESSES IN TURKEY Limitet sirket (limited corporation), Anonim sirket (joint stock company), Komandit sirketler (commandite company), Kolektif sirketler (collective company), Sahis sirketleri (sole proprietorship) Irtibat burosu (liaison office), Sube (branch) Comparison with ownership types in US: Sole proprietorship, partnership, corporation, cooperative.

21. 21 MOVIE: “THE CORPORATION” Filmi seyrederken dikkat edilecek hususlar ve odevde istenilen kritikler –Social and environmental responsibility –Ethics –Competition –Corporations role in globalization

22. 22 CRITERIA FOR DEVELOPMENT GDP Employement & education Size of economy, growth and stability Energy consumption per capita Steel production per capita Size and strength of private sector in global scale