mchmura

President’s November Update: The Latest Work of the Entrepreneur Experience Lab (EEL)

President Schlesinger and Carolyn Hotchkiss, Dean of Faculty, converse with Heidi Neck, Associate Professor of Entrepreneurship, who is leading EEL, a design studio for invention and innovation in entrepreneurship education.

Posted in Strategy Updates

Babson College PR

Research Confirms the Importance of Place in Entrepreneurship

Recent research performed by Babson Professor Heidi Neck and the Babson Entrepreneurship Experience Lab, explores the importance of place as it relates to entrepreneurship. The research reveals that despite the rise of technology and increased virtual and physical mobility, place is still an important component of entrepreneurship.

Posted in Faculty Thought Leadership

mchmura

It Takes Kinetic Energy To Turn An Idea Into A Business

Scott Belsky, author of Making It Happen, claims that having an idea is only 1% of the process. Wow! That’s 99% everything else. No wonder it’s so difficult turning an idea into a business reality. I suspect many of us are part of the 1% (at least this 1% and not the other 1% that the Occupy…

Posted in Faculty Thought Leadership

mchmura

What Comes Before The Business Plan? Everything.

A colleague of mine, Brad George, and I are working on an academic paper related to entrepreneurship education. Here’s the premise.  Those that need entrepreneurship education are nascent entrepreneurs—those thinking about starting a business and going through some of the early motions.  However, standard entrepreneurship courses target new business owners—typically not the students sitting in…

Posted in Faculty Thought Leadership

Babson College PR

Starting A Business In A Bad Economy

Babson Professor Heidi Neck tells how in this Special Report from Fox 25 TV Boston. Neck is the Jeffry A. Timmons Professor of Entrepreneurial Studies at Babson College.

Posted in Faculty Thought Leadership

mchmura

Entrepreneur Experience Laboratory

Professor Heidi Neck talks about the Entrepreneurship Experience Lab as part of the The Babson Strategy Classroom series. Time: 35:43.

Posted in Strategy Updates

Entrepreneurial Action = Feel + Play + Observe + Create + Think

The entrepreneurship field is asking for something new. This became evident when we presented to a standing room only audience at the recent USASBE conference in Nashville.  We presented a talk entitled “Entrepreneurship Pedagogy: Known Worlds and New Frontiers” and outlined three current worlds that entrepreneurship educators teach in. The first is the Entrepreneur World…

Posted in Faculty Thought Leadership

mchmura

Entrepreneurship Requires Practice

Entrepreneurship is often thought of as a process – a process of identifying an opportunity, understanding resource requirements, acquiring resources, planning, and implementing.  But the word “process” assumes known inputs and known outputs as in a manufacturing process.  For example, building a car on an assembly line is a manufacturing process.  You know all the…

Posted in Faculty Thought Leadership

mchmura

Developing Case Teaching Materials And Expertise

During this past week, a team from Babson has been managing and teaching the Banco de Chile – Babson College Chilean Entrepreneurship Educators Program – which involves 24 educators from 12 Chilean universities. The first face-to-face module in June, which explored the art and science of writing business cases, was led by Babson Professor Heidi…

Posted in Faculty Thought Leadership

mchmura

Social Entrepreneurship: GEM 2008

GEM measured social entrepreneurship by asking entrepreneurs if they are pursuing economic goals, social goals, or both.  There were three important findings that give us a glimpse into the future of business.  First, 44% of entrepreneurs are pursuing economic and social goals concurrently and this number doubles last year’s finding.  As a result, we find…

Posted in Faculty Thought Leadership