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Adj.Prof. Dr. Martin Haemmig Senior Advisor on Venture Capital

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Presentation on theme: "Adj.Prof. Dr. Martin Haemmig Senior Advisor on Venture Capital"— 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 The Entrepreneurial Ecosystem
Source: World Economic Forum ( )

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

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

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

6 INDIA: VC Investment by Industry Groups (% of # deal)
Europe United States 1’273 1’049 1’087 616 2’493 2’647 2’782 1’916 Mainland China India 176 270 281 186 23 41 80 60 ½  ITSv. Source: Dr. Martin Haemmig / Data: DowJones (Bangalore_ )

7 2008-05: Start-ups “Sales but Pre-Profit” Going Global
PRE - PROFIT: of 6’475 companies, 16.4% (1’062) with international office 37 (2%) PROFITABLE: of 2’826 companies, 16.8% ( 475) with international office 2’010 334 (17%) (19%) 453 15 (3%) 274 (7%) 74 (2%) 3’725 (14%) 72 (2%) 108 (3%) 1 (0.2%) 204 22 (11%) 98 (48%) 7 (3%) (63%) Source: Dow Jones/VentureSource, Dr. Martin Haemmig (J.Canning._ )

8 Innovate or Die …. foster “Entrepreneurship Education”
Source: Martin Haemmig


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