• 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