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Role of Entrepreneurship Education in Promoting Entrepreneurship & Innovation Adj.Prof. Dr. Martin Haemmig Senior Advisor on Venture Capital Stanford University.

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Presentation on theme: "Role of Entrepreneurship Education in Promoting Entrepreneurship & Innovation Adj.Prof. Dr. Martin Haemmig Senior Advisor on Venture Capital Stanford University."— Presentation transcript:

1 Role of Entrepreneurship Education in Promoting Entrepreneurship & Innovation Adj.Prof. Dr. Martin Haemmig Senior Advisor on Venture Capital Stanford University – SPRIE & Member of REE (Roundtable of Entrepreneurship Educators, STVP)

2 © XXX 2 The Entrepreneurial Ecosystem Source: World Economic Forum ( )

3 © XXX 3 Entrepreneurship Education Teaching: What / How / Where / Who Source: World Economic Forum ( )

4 © XXX 4 Stanfords View on Entrepreneurship Education to Promote Entrepreneurship & Innovation Source: Tom Byers, Co-Director Stanford University (STVP_ ); Dr. Martin Haemmig 1.Entrepreneurship education has significantly influenced general management education over just a few decades. 2.Entrepreneurship curricula have become much more sophisticated than simply teaching students how to write a business plan. 3.Entrepreneurship education is playing a beneficial unifying role across traditional scholarly boundaries within management education. 4.Entrepreneurship educators tend to be leaders in the trial and implementation of the latest advancements in teaching techniques and technologies. 5.Entrepreneurship education is truly part of a global phenomenon. 6.Entrepreneurship educators continues to create a wealth of innovative teaching materials and curricula at a remarkable pace. 7.The difficulty to find assessment metrics that encapsulate the value of entrepreneurship education impact.

5 © XXX 5 Source: Dr. Martin Haemmig / Data: DowJones (Bangalore_ ) INDIA: VC Deal Flow by Development Stage, 1Q-3Q/2008 (% of # deals) Product DevelopmentStartup Revenue (pre-profit)Profitable

6 © XXX 6 Source: Dr. Martin Haemmig / Data: DowJones (Bangalore_ ) United StatesEurope Mainland ChinaIndia ½ ITSv. INDIA: VC Investment by Industry Groups (% of # deal)

7 © XXX : Start-ups Sales but Pre-Profit Going Global PRE - PROFIT: of 6475 companies, 16.4% (1062) with international office PROFITABLE: of 2826 companies, 16.8% ( 475) with international office Source: Dow Jones/VentureSource, Dr. Martin Haemmig (J.Canning._ ) (17%) (19%) (3%) (11%) 98 (48%) 7 (3%) (63%) 1 (0.2%) 274 (7%) 74 ( 2%) 3725 (14%) 72 (2%) 108 (3%) 37 (2%)

8 © XXX 8 Innovate or Die …. foster Entrepreneurship Education Source: Martin Haemmig


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