Outline
OoT-Entrepreneurial Management (OoT-EM) has a conceptual, outside-in approach, exploring Technopreneurship and the process of S&T-based new venture creation by studying and discussing a number of cases covering the entrepreneurial process from various angles. The cases and supporting readings will illustrate issues and concepts like: what does it take (and what not) to be an entrepreneur; what is entrepreneurship and administrative versus entrepreneurial behavior; academic versus surrogate entrepreneurship and the role of the scientist in academic spin-offs; the framing of ventures in terms of people, opportunity, context and deal; spotting and framing opportunities; the phases and critical junctures in new venture formation; the importance and pitfalls of patent protection; factors influencing the early growth of academic spin-offs; options for commercializing science & technology, business models and value creation; value, valuation and risk/reward ratio in new venture financing; how venture capitalists assess business plans and start-up companies.
Cases are based on situations and decisions that entrepreneurs have faced and that course participants will be facing in preparing for and discussing in class. Various topics will furthermore be elaborated on by guest speakers experienced in the world of S&T-based company formation. At the end, OOT-EM and OOT-BP will come together when the EM participants will discuss and assess -together with a panel of experts- the business plans prepared by the BP-participants. | Course Schedule
Course sessions on Monday evening, from 19.00-22.00 hrs
Course contents, subject to change | Date/Place | Case | Topics | Guest | Feb 2 | Am I an Entrepreneur? | The course
Case teaching&preparation Entrepreneurial traits | Gerard de Gier | Feb 9 | R&R | Opportunity spotting and mobilizing resources | Victor Scholten (Technology, Strategy and Entrepreneurship, TUDeelft) | Feb 16 | | | | Feb 23 | DeDrug I | IP risks (in particular patents) in a university context | Laura MacDonald (Leiden University Reserach and Innovation Services) | Mar 2 | SpudSpy | Communication and attitude in trying to start a business from a university department | Gregg Siegal (LIC and ZoBio) | Mar 9 | Vermeer Technologies | Organizing an entrepreneurial team, pre- and post money valuation, (not) becoming CEO of you own company, deal decisions | Pieter Slijkerman (ZFScreens/NewCatch)
| Mar 16 | BetaGolf | Deciding upon a way to commercialize science; the workings of a successful cross-over of a technology house and investments company | Bas Reichert (BaseClear, MyCobics and Verilabs)
| Mar 23 | BetaGolf 2 | Continued | Gerard Platenburg (ISA Pharmaceuticals, ProSensa) | Mar 30 | Venture capital | How venture capitalists evaluate venture opportunities |
t.b.a.
| Apr 6 | DeDrug II | On valuation and the investment process | t.b.a. | Apr 13 | | |
| Apr 20 | ProPharma | On the assessment of business plans | t.b.a. | April 27 | | Wrap-up | t.b.a. | Thursday afternoon, May 7: Jury in Business Plan Contest |
Location
The Monday night sessions will be in the Leiden University Medical Center, conference room J1-117.
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Course Load
5 EC = 140 study hours. Weekly preparation for case discussions will take about 3 hours. Grading
Grading will be based on class participation, a paper and a final examination Course materials
Case materials, articles and other readings, which will be provided during the course. Lecturer
Course coordination and case teaching: dr. Harmen Jousma. In addition, there are varous guest speakers (see schedule) who give presentations on their experiences as and with entrepreneurs.
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