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Entrepreneurship and Innovation (ENTI)


Technology Based Entrepreneurship

Cluster Contact

Robert Beaury
School of Engineering Design, Technology and Professional Programs (SEDTAPP)
213D Hammond Building
rjb34@psu.edu

About the Technology Based Entrepreneurship Cluster

Total number of credits in this cluster: 9

The Technology Based Entrepreneurship Cluster helps students develop entrepreneurial and interpreneurial mind-sets for technology-based products and businesses. Courses in this Cluster are based in the School of Engineering Design, Technology, and Professional Programs (SEDTAPP), and will use some courses from the Engineering Entrepreneurship (E-SHIP) Minor (started in 2001).

This cluster brings together faculty with real-world business start-up experience and those students who are seeking entrepreneurial experiences in a technology based strategic direction. This cluster is designed for any undergraduate student interested in being a product innovation leader in an existing or new technology-focused company. This Cluster provides unique "cross-skills" courses for students to thrive in multi-disciplinary teams–the ones seen in industry and encourages individual start-up technology based companies. These cluster courses support development of consumer-based products and business-to-business products.

Students who complete this cluster will develop broad-based entrepreneurial skills in: new technology product development, new product launch, financial accounting for start-ups, product & service marketing, pricing strategies, and intellectual property management. The orientation of classroom examples will be more product focused than service related. This cluster is open to all undergraduate students, and students will develop a cluster clear understanding of the design process.

Students who complete this cluster develop skills and knowledge in eight areas:

  • Design technology based products and services.
  • Develop and implement business models and execution strategies to actualize technology-based ventures and products.
  • Entrepreneurially evaluate products and business opportunities and understand the value proposition that they create.
  • Develop and create business pro forma documents, which will enable financial projections of the venture.
  • Determine the most appropriate and ethical solutions for specific real-world situations after careful consideration of the most salient facts, stakeholders, consequences, duties, virtues/underlying values, and relationships.
  • Function effectively in multi-disciplinary cross-functional teams.
  • Communicate complex ideas to a wide swath of stakeholders in a concise and precise fashion.
  • Understand and be able to manage and leverage the various types of intellectual property (patents, trade secrets, copyright, trademarks).

Preferred Sequence of Courses for the Technology Based Entrepreneurship Cluster

After completing MGMT215 and ENGR310, students taking the Technology-Based Entrepreneurship cluster choose take ENGR411 and ENGR407, followed by ENGR415. To conclude the minor, students take the final core course: MGMT/ENGR/IST425.

Technology Based Entrepreneurship Course Options