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A NEW ENTERPRISE Open to Students in All Majors A new enterprise at Michigan Tech is starting. The Entrepreneurial Enterprise is supervised by Dr. Paul A. Nelson, School of Business and Economics, and Dr. Edward Lumsdaine, Department of Mechanical Engineering-Engineering Mechanics. Senior Design Credit is available. Enroll in Lecture Number 20 (L20) for the enterprise courses listed under Engineering Fundamentals. Enterprises at Michigan Tech are companies run by students with faculty and staff as mentors. Contextual learning, teamwork, leadership development, and the blending of business and engineering skills are features of enterprises. Selected students in their sophomore through senior years from all disciplines will work in the Entrepreneurial Enterprise on finding creative applications or modifications of technologies “on the shelf” at MTU, as well as on developing their own ideas for new products and businesses. Graduate Students may also participate. One feature of the Entrepreneurial Enterprise is the use of E-Teams (the E stands for both “excellence” and “entrepreneurship”). The E-Teams are groups of students with different blends of skills and problem-solving approaches. Learning objectives include developing the ability to think creatively, to work effectively in a multi-disciplinary group, to perform a search for assessing the distinctive features of a technology, to identify possible commercial applications of a technology, and to formulate a plan for marketing a technology. Over time, it is hoped that the Entrepreneurial Enterprise will spawn several new technology-based businesses in Michigan. The development of this enterprise has been funded by a grant from the Directors of The Lemelson Foundation through the National Collegiate Inventors and Innovators Alliance.
Dr.
Paul A. Nelson, School of Business & Economics Dr.
Edward Lumsdaine, Mechanical Engineering-Engineering
Mechanics
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