Yael Hochberg

Rice University in Houston has announced a $sixteen.5 million grant from entrepreneur and alumnus Frank Liu and his household to launch an innovation and entrepreneurship lab.

In the twentieth century our nation confronted a single adversary – the Soviet Union. During the Cold War the menace from the Soviets was quantifiable and often predictable. We could specify necessities, budget and purchase weapons based on a known foe. We might design warfighting tactics primarily based on understanding the ways of our opponent. Our protection division and intelligence community owned proprietary superior instruments and know-how. We and our contractors had the very best expertise domain experts. We could design and manufacture the best systems. We used these instruments to maintain tempo with the Soviet threats and eventually used silicon, semiconductors and stealth to create an offset strategy to leapfrog their navy.

Students will likely be introduced to the sensible utility of classic and modern enterprise theory as it applies to the early phases of entrepreneurship and intrapreneurship, opportunity recognition, innovation, and new enterprise improvement. Course subjects embrace kinds Personal Loans of entrepreneurs, opportunity recognition, marketing, money and different resource necessities, monetary statements, planning, franchising, intellectual property, success/failure/resilience, and development. Class will use text, instances, articles, internet sources, and visitor lecturers. Prerequisite(s): College Level=Senior or College Level=Junior.

In this course, a completely built-in marketing strategy might be developed that encompasses all the functional entrepreneurial areas lined in the program which might be important for supporting the creation of a new entrepreneurial enterprise. The business plan can be designed and examined via a simulation program accomplished by the coed. The remaining draft of the plan can be offered not only to school but additionally to an funding skilled for evaluate and reaction.

In addition to main requirements, every student must also complete the University necessities for commencement that are described within the Undergraduate Admission and Degree Information & FAQ chapter in the entrance of this catalog. These include the General Education-Breadth necessities; the second composition ( ENGL 1002 ) requirement; the cultural teams/women requirement; the performing arts/actions requirement; the U.S. history, U.S. Constitution, and California state and native government requirement; the University Writing Skills Requirement; and the residence, unit, and grade point average requirements.

Many opportunities exist for these trained in business administration (entrepreneurship) in personal business and thru entrepreneurship. Possible jobs in developing other entrepreneurs’ companies embody brokers, enterprise managers, enterprise executives, operations managers, well being service directors, human sources managers, job benefits and evaluation specialists, administration analysts, office managers, and purchasing managers. Possible jobs open as self-employed entrepreneurs are restricted solely by imagination and skills brought to the market.

Rice University and the Jones School have nearly 20 entrepreneurship school members, together with Dr. Ed Williams, ranked by Business Week as one of many high three entrepreneurship school within the United States. Williams and Dr. Al Napier printed the recent e book: Preparing an Entrepreneurial Business Plan. Napier received World Finance the 2008 nationwide Acton Award for excellence in entrepreneurship education. The Jones School faculty additionally contains several venture capitalists and entrepreneurs including founders of Vanguard Ventures and DFJ Mercury (an affiliate of Draper Fisher Jurvetson ).

Author: Luca Macvitie

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