DocumentCode
375318
Title
Business simulations for promoting entrepreneurship and innovation
Author
Schumacher, Terry ; Summers, Gary
Author_Institution
Rose-Hulman Univ., Terre Haute, IN, USA
Volume
1
fYear
2001
fDate
2001
Abstract
Summary form only given. This paper presents two advanced business simulations. The winning at design simulation provides a mirror for viewing and studying business´s culture. The simulation exposes the use and functioning of vision, coaching, risk taking and partnerships within a business. This simulation helped a leading high-tech firm maintain their entrepreneurial culture while growing eight-fold in just a few years. In further corporate training courses, pre- and post-simulation questionnaires showed significant change in employees´ attitudes. The Executive Innovation simulation teaches executives of high-tech firms to manage innovation and R&D. In this simulation a technological breakthrough initiates a competitive ferment that destroys an industry while creating a new one. Executives manage a firm through this process
Keywords
commerce; management education; product development; research and development management; teaching; technology transfer; R&D management; business simulations; competitive information; entrepreneurship promotion; executive innovation simulation; executives teaching; high-tech industries; innovation management; innovation promotion; management simulations; marketing information; research portfolio management; technological breakthrough; technological information; winning at design simulation; Anatomy; Books; Feedback; Innovation management; Medical simulation; Research and development; Research and development management; Surgery; Technological innovation; Testing;
fLanguage
English
Publisher
ieee
Conference_Titel
Management of Engineering and Technology, 2001. PICMET '01. Portland International Conference on
Conference_Location
Portland, OR
Print_ISBN
1-890843-06-7
Type
conf
DOI
10.1109/PICMET.2001.952198
Filename
952198
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