Category: Digital Technology Sector

ITEC Gains Funding in Support of Student Mentoring

May 11th, 2010 in Digital Technology Sector, Entrepreneurship, School, SMG Hot Topics, Students

Boston University’s Institute for Technology Entrepreneurship and Commercialization (ITEC) today announced the creation of the Kindle Student Mentoring Program at Boston University, which is funded by a $33,000 Course and Program grant from the National Collegiate Inventors & Innovators Alliance (NCIIA).

Dr. Jonathan Rosen, the Executive Director of ITEC, sees this as a transformative opportunity.

“Team-based, multi-disciplinary projects are a central part of our educational program at ITEC.” 

–Jonathan Rosen, Executive Director, ITEC

The student mentoring process aims to identify promising innovation, attract the appropriate mentor to the project, and monitor the progress from innovation to commercialization. The NCIIA grant will enable ITEC to recruit, train, and link volunteer mentors to student entrepreneurs interested in creating new ventures.The grant will also provide modest funding to student teams to develop preliminary prototypes, implementation plans, and funding strategies. Participants will be drawn from new and existing ITEC programs that reach across Boston University, including finalists in the ITEC $50K Business Plan Competition and student teams in the Clinical Innovation Awards Program.

“BU Kindle Student Mentoring educates and enables entrepreneurial students to achieve their commercial potential.” 

Vinit Nijhawan, Kindle Director, ITEC Director of Enterprise Programs and Special Assistant to the Vice-President of Research.

This program complements and extends the Boston University Kindle Venture Mentoring Program, launched in July 2009, which links mentors to alumni and faculty who have started companies. Mentors will work with students on a short-term basis to develop their business idea. Students who start companies can then graduate to longer-term venture mentoring. Mentors include CEOs of start-up companies, senior executives of established companies, and angel investors. Kindle Mentoring Programs are administered by ITEC and the Boston University Office of Technology Development.

About the Institute for Technology Entrepreneurship and Commercialization
The Institute for Technology Entrepreneurship and Commercialization (ITEC) provides a full range of education, training, mentoring, and networking programs and opportunities that support the new entrepreneur. We are centered at the Boston University School of Management and serve as an educational resource to the entire university campus and to the local, national, and international communities.

The primary mission of ITEC is to develop, provide, and support multiple learning opportunities for the new entrepreneur. ITEC works with businesses, investors, policy makers, foundations, academic researchers, and students to design innovative new models that will help create sustainable enterprises to meet important global needs in healthcare, clean energy, information systems, and other technology sectors. www.bu.edu/itec.

About the National Collegiate Inventors and Innovators Alliance
The National Collegiate Inventors and Innovators Alliance (NCIIA) supports technology innovation and entrepreneurship in universities and colleges to create experiential learning opportunities for students, and successful, socially beneficial businesses. With a membership of nearly 200 colleges and universities from all over the United States, the NCIIA engages more than 5,000 student entrepreneurs each year, leveraging their respective school campuses as working laboratories and incubators for businesses and ultimately helping them to bring their concepts to commercialization. www.nciia.org.

Google, Not Microsoft, Will Draw Increasing Antitrust Scrutiny in Europe, N. Venkatraman Tells Media

March 16th, 2010 in Digital Technology Sector, Information Systems, Risk Management, Strategy & Innovation

“The spotlight will be on Google”

 

N. Venkat VenkatramanIn coverage of antitrust complaints against Google search in Europe, the E-Commerce Times seeks insight from Boston University’s N. Venkat Venkatraman, the David J. McGrath, Jr. Professor in Management and the 22nd most-cited management scholar in academic journals across the globe. They report,

The European Commission has notified Google (Nasdaq: GOOG) that it received complaints from three companies about its search ranking practices. The companies are a UK price comparison site, Foundem; a French legal search engine, ejustice.fr; and Microsoft’s (Nasdaq: MSFT) Ciao! from Bing.

Foundem also filed a complaint with the FCC, citing concerns over “search neutrality.”…. Even though users have other search options available to them and Google is pro-competitive, there is a good possibility that this could end up as something very significant in Europe, Ryan Radia, an analyst with the Competitive Enterprise Institute, told the E-Commerce Times….

The spotlight will be on Google in Europe, agreed Boston University business professor N. Venkatraman.

“We saw some hint of that at the Mobile World Congress, with the Vodafone (NYSE: VOD) CEO not being too happy with the powerful position that Google has in desktop search and the potential dominance that they could have in mobile search,” he told the E-Commerce Times.

As Google’s Chrome OS gains traction and as Android gains share against Nokia (NYSE: NOK) and RIM, Google will draw increasing scrutiny in Europe, Venkatraman predicted.

“President Sarkozy has even suggested that Google should pay tax in France where the clicks originate,” he noted. “I see the attention of Brussels shifting away from Microsoft toward Google in the coming years.”

From the article “Europe Sets Antitrust Sights on Google Search,” by Erika Morphy, E-Commerce Times, February 24, 2010.

Smart Grid as a Business Platform: Innovation, Adaptation, and Systems Challenges in the Clean Energy Market

March 15th, 2010 in Digital Technology Sector, Energy & Environment Sector, MediaWatch, Sectors, SMG Hot Topics, Video

Video from the event “Smart Grid as a Business Platform: Innovation, Adaptation, and Systems Challenges in the Clean Energy Market,” hosted by Boston University School of Management at the Time & Life Conference Center, NYC, on October 7, 2009.

Moderator:
Louis E. Lataif, Allen Questrom Professor and Dean, Boston University School of Management

Panelists:
Nalin Kulatilaka, The Wing Tat Lee Family Professor in Management, Boston University School of Management
Kenneth Lutchen, Dean, Boston University College of Engineering
Brian Dumaine, Global Editor, Fortune

Clips from the event:

Executive-In-Residence Rick Swanborg’s Series on IT Strategy and Management Practices in CIO.com

March 15th, 2010 in Digital Technology Sector, Information Systems, SMG Hot Topics

article series exploring challenges and solutions for leaders in IT

Rick SwanborgBoston University School of Management’s Rick Swanborg, an executive-in-residence in the Information Systems Department, has authored a series of articles for CIO.com on top players in the IT industry and their approaches to strategy, management, and leadership.

His articles and commentary include:

CRM: How Marriott Broke Down Customer Data Siloes (November 11, 2009)

“Integrating customer data from multiple brands enabled the hotelier to craft unique offers for customers and exceed sales goals.”

The Ideal Standardization (September 23, 2009)

“Global IT at Air Products & Chemicals saved $3 million to $5 million a year from 2001 to 2007 by focusing on sameness—building an infrastructure that is 75 percent to 80 percent standardized, while still providing high-value services.”

How Procter & Gamble Got Employees to Use Social Networking at Work (August 24, 2009)

“Procter & Gamble drove adoption of social networking tools by integrating them with existing work processes.

Beyond Virtualization: How Raytheon’s IT Department Helps Meet Green Goals (June 25, 2009)

“Raytheon’s Green IT initiative started with data center virtualization. But today’s Green IT initiatives encompass system development and business efficiency.”

How BPM Paid Off for Wells Fargo (May 26, 2009)

“Working group approach cut costs and improved collaboration.”

Desktop Management: How UnitedHealth Used Standardization to Cut Costs (April 28, 2009)

“UnitedHealth Group’s Hercules program helped manage growth through acquisition and save money by standardizing desktop management.”

Mitre’s Knowledge Management Journey (February 27, 2009)

“Internal sponsorship and experimentation was key to company’s KM success.”

ITEC Announces Finalists for 10th Annual $50K Business Plan Competition

March 15th, 2010 in Digital Technology Sector, Energy & Environment Sector, Entrepreneurship, Health Sector, School, Sectors, Social Impact, Students

 

Institute for Technology Entrepreneurship and CommercializationBoston University School of Management’s Institute for Technology Entrepreneurship and Commercialization (ITEC)  is thrilled to announce the team finalists for the 10th Annual $50K Business Plan Competition :

  • Better Means is a web-based platform platform that fosters entrepreneurial autonomy and organizational belong. BU Team members: Karim BIshay & Adele Burnes
  • CorMend offers a treatment for chronic heart failure. BU Team member Keith Jansen
  • LED 2.0 delivers energy-effiicient LED lighting for residential, commercial and government applications. BU team member Perry Grossman
  • mobiLIFE provides a bluetooth-enabled continuous glucose monitor with precise readings. BU Team members Brian Chan and Dan Collins.

The four teams will compete for prizes worth over $50,000 at the final competition held at the Boston University School of Management on April 7, 2010 and is open to the public.

Each team will present its plan to a panel of judges consisting of VC’s and other members of the business community. The panel of judges considers the quality of the written business plan along with the ability of the team to successfully communicate the goals of their plan.

BU Tech Strategy Team 2010 Announced

February 8th, 2010 in Digital Technology Sector, News, School, Students

International Event on March 25-27

 

Melinda Young, Scott Lowe, Arvind Rawat, Simone PatelOn January 30-31, the School of Management held the internal competition to select the team of four MBA students who will represent the School in this year’s Fifth Annual International Tech Strategy Case Competition, sponsored by Ericsson.

This year’s winners were: Melinda Young, Scott Lowe, Arwind Rawat, and Simone Patel.  All but Rawat are returning members of last year’s BU team.

In a 24-hour event identical in structure to the international competition, nine teams of students were given a business case to analyze and then present to a judging panel of three faculty members from the School of Management who assessed the presentations based on three criteria: quality of analysis, feasibility of business initiative, and quality of presentation.  This year’s internal case dealt with the Amazon Kindle and related opportunities for growth in the digital content and device industries.

The international competition takes place on March 25-27th, when the School will host teams from the following institutions:

  • Eller College of Management – University of Arizona
  • Fudan University School of Management, China
  • Haas School of Business – UC Berkeley
  • Hong Kong University of Science and Technology
  • IESE Business School – University of Navarra, Spain
  • IPADE Business School – Universidad Panamericana, Mexico
  • Kellogg School of Management – Northwestern University
  • Kenan-Flagler Business School – University of North Carolina, Chapel Hill
  • London Business School, UK
  • Marshall School of Business, University of Southern California
  • McCombs School of Business – University of Texas, Austin
  • Queen’s School of Business, Canada
  • Seoul National University, Korea
  • Sloan School of Management – Massachusetts Institute of Technology
  • The Wharton School of the University of Pennsylvania

More information can be found on the competition’s official website or blog.