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The Innovation Arena: A Method for Comparing Innovative Problem-Solving Across Groups
Published on: May 13, 2022
An insider's perspective on entrepreneurial program development at a small and a large institution
1Lehigh University, 11 East Packer Avenue, Bethlehem, PA 18015, USA. mil312@lehigh.edu
Annals of Biomedical Engineering
|March 14, 2013
Summary
Successful entrepreneurship programs leverage institutional champions and diverse offerings. Key strategies include faculty partnerships and advisory boards for resource management and program sustainability.
Area of Science:
- Business Education
- Higher Education Administration
Background:
- Entrepreneurship education programs are increasingly vital in higher education.
- Existing programs offer valuable lessons for new and evolving initiatives.
Purpose of the Study:
- To evaluate the development of new entrepreneurship programs at a private liberal arts institution and a large research university.
- To identify common successful strategies applicable to various institutional sizes.
Main Methods:
- Comparative case study analysis of two distinct institutional settings.
- Identification of common themes and successful elements ('what worked') from program development.
Main Results:
- Key themes for success include identifying institutional champions and engaging the 'student supply chain'.
- Offering both non-credit, experiential opportunities and dynamic for-credit courses is crucial.
- Strategies like faculty partnerships, advisory boards, and bootstrapping skills enhance resource availability.
Conclusions:
- Institutions can leverage identified themes to launch or refine entrepreneurship programs.
- A strategic approach to resource management and diverse program offerings supports program growth and sustainability.
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