MARYLAND TECHNOLOGY ENTERPRISE INSTITUTE

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PATHS FOR MARYLAND  ENTREPRENEURS & INNOVATORS

 

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MINOR IN TECHNOLOGY ENTREPRENEURSHIP

Overview

 

A firm grasp of the entrepreneurial process and mind-set benefits every person engaged in developing technology. The goal of the Minor in Technology Entrepreneurship is to infuse technology-creating students with that knowledge and its accompanying skills. Armed with an entrepreneurial mind-set, technology creators drive economic growth by launching successful ventures and bringing life-changing products and services to market.

 

The Minor in Technology Entrepreneurship prepares students for launching successful technology ventures and bringing life-changing products and services to market. The minor develops the entrepreneurial mind-set and functional skill sets of students to improve their ability to create, launch, and manage technology ventures. Students earn the minor by completing coursework which focuses on entrepreneurial opportunity analysis, marketing high-technology products, strategies for managing innovation and international entrepreneurship and innovation.

Courses

 

The 15-credit undergraduate minor is completed from nine courses taught by Mtech. It is recommended that students enroll in ENES 210 or ENES 461 first and end with ENES 460. To complete the Minor, students must enroll in an additional nine credits from the technology entrepreneurship electives listed; these courses can be taken in any order as related to the fulfillment of the Minor requirements. At least nine credits must be completed at the 400-level to earn the Minor. While course options are available, application of 100 and 200-level courses is limited to a total of six credits.

 

All courses counted toward the minor must be completed with a 2.0 or better.

  • ENES 140: Discovering New Ventures—Foundations in Entrepreneurship

    Students explore dynamic company startup topics by working in teams to design a new venture. This multi-disciplinary course helps students to learn the basic business, strategy and leadership skills needed to launch new ventures. Topics include learning how to assess the feasibility of a startup venture, as well as how to apply best practices for planning, launching and managing new companies. Students discuss a wide range of issues of importance and concern to entrepreneurs and learn to recognize opportunities, assess the skills and talents of successful entrepreneurs, and learn models that help them navigate uncertainty.

     (3 credits) (Scholarship in Practice)

  • ENES 210: Entrepreneurial Opportunity Analysis & Decision-Making in Technology Ventures

    This interdisciplinary course helps students learn the principles of entrepreneurial opportunity analysis and decision-making in an increasingly dynamic and technically-inclined society.¬¬ Emphasis is placed on how aspiring technology entrepreneurs can develop their entrepreneurial mindset and opportunity recognition capabilities to develop winning entrepreneurial plans for future ventures. (3 credits) (Scholarship in Practice & I-Series)

  • ENES460: Fundamentals of Technology Start-Up Ventures

    This course helps students learn the processes and skills needed to launch and manage technology start-up ventures. Students learn how to assess the feasibility of a startup venture, as well as how to apply best practices for planning, launching and managing new companies. Students discuss a wide range of issues of importance and concern to entrepreneurs and learn to recognize opportunity, assess the skills and talents of successful entrepreneurs, and learn models and approaches that help them navigate uncertainty.

    (3 credits)

  • ENES 461: Advanced Entrepreneurial Opportunity Analysis in Technology Ventures

    This course explores the factors that influence entrepreneurial opportunity analysis in technology-based ventures, to include, but not limited to, software, IT, biotech and energy startups. Using a cognitive theoretical framework the course examines the integration of motivation, emotions and information processing modes to make complex entrepreneurial decisions in fast pace technology venture environments. The course is an informed and interesting exploration of entrepreneurial cognition with both theoretical and methodological contributions for active and aspiring student technology entrepreneurs.

    (3 credits)

  • ENES 462: Marketing High-Technology Products and Innovations

    Marketing of high-technology products occurs in turbulent environments and requires rapid decision making with incomplete information. Innovations are introduced at frequent intervals, research-and-development spending is vital, and there are high mortality rates for both products and businesses. The course will provide a balance between conceptual discussions (based on readings of concepts and practices) and applied/hands-on analysis (industry analyses, cases, guest speakers and a semester project). (3 credits)

  • ENES 463: Strategies for Managing Innovation

    This course emphasizes how the technology entrepreneur can use strategic management of innovation and technology to enhance firm performance. It helps students to understand the process of technological change; the ways that firms come up with innovations; the strategies that firms use to benefit from innovation; and the process of formulating technology strategy. It provides framework for analyzing key aspects of these industries and teaches students how to apply these frameworks.

    (3 credits)

  • ENES 464: International Entrepreneurship & Innovation

    This course focuses on the need for every entrepreneur and innovator to understand the global market in today’s hypercompetitive world, and to appreciate how to compete effectively in domestic markets by managing international competitors, suppliers and influencers. As an ever-growing number of countries become market oriented and developed, students explore how the distinction between foreign and domestic markets is becoming less pronounced. Students also develop skills to identify and manage opportunities on a global basis.

    (3 credits)

  • ENES 465: Entrepreneurial Design Thinking

    Explores the use of design thinking as an approach to developing customer-centered solutions to problems and fostering sustained innovation within an organization. Through interactive lectures, discussions and hands-on, team-based activities, students learn design thinking strategies and apply them to finding innovative product- or service-based solutions to contemporary issues.

    (3 credits)

  • ENES 466: Leading and Financing the Technology Venture

    Focuses on the challenges of leading and financing new technology ventures. Leadership topics include team selection and formation, aligning rewards with relative contributions of team members, and how early decisions can enable or prevent founders from achieving results that align with their individual motivations for becoming an entrepreneur. Essential tools and methods for building a strong financial foundation for a new technology venture are examined. Includes important accounting principles as well as methods for keeping financial control of the technology venture. Insights are shared on navigating the multitude of financial barriers that may block your entrepreneurial success, as well as how to grow the technology venture from concept through launch.

    (3 credits)

  • HEIP 143: Foundations of Entrepreneurship and Innovation

    This course introduces foundational ideas and terms in entrepreneurship and innovation, with attention to developing students understanding of cultivating a business in diverse, global environments; leading and collaborating in a competitive world; developing an entrepreneurial mind for an entrepreneurial world; and industry dynamics of technological innovation. Restricted to students in the Honors Entrepreneurship and Innovation Program.

    (1 credit)

  • HEIP 240: Exploring International Entrepreneurship & Innovation

    This course provides an introduction to the opportunities and challenges of entrepreneurship and innovation from an international perspective through lectures and guest speakers with international experiences. Restricted to students in the Honors Entrepreneurship and Innovation Program.

    (3 credits) (Scholarship in Practice)

  • HEIP 241: Social Entrepreneurship Practicum

    This capstone course is for enhancing strategic capabilities and leadership skills through the development of an innovative for-profit product or service concept with social benefits. Restricted to students in the Honors Entrepreneurship and Innovation Program.

    (2 credits)

Schedule

 

The 15-credit minor consists of entrepreneurship offerings that may be fulfilled from nine courses taught by Mtech.

 

There are no prerequisites for the minor. It is recommended that students enroll in ENES 140, ENES 210, or ENES 461 first and end with ENES 460. To complete the Minor, students must complete an additional nine credits from the technology entrepreneurship electives listed; there courses can be taken in any order as related to the fulfillment of the minor requirements. Students can compete a minor course in the winter of summer term immediately after their fall or spring graduation term. Students can only have 3 or less credits to complete in the winter. For the summer term, students can only have 6 or less credits to complete.

 

Students enrolled in Hinman CEOs, Hillman Entrepreneurs, EIP and/or Freshmen Connection should register within the restricted sections for their program. All students, including those enrolled in a specialty program, may register for any courses listed as “open.” Students not enrolled in a specialty program are only eligible to take “open” courses. “Online” denotes courses offered in an Online, asynchronous format.

 

FC = Freshmen Connection Course

HCEO = Hinman CEOs

HENT = Hillman Entrepreneurs

EIP = Entrepreneurship and Innovation Program

Open (Online) = Open Online offering

ENES 140 ENES 210 ENES 460 ENES 461 ENES 462 ENES 463 ENES 464 ENES 466 HEIP 143 HEIP 240 HEIP 241
Summer 2015 Open
(Online)
Open
(Online)
Open
(Online)
Open
(Online)
Open
(Online)
 
Fall 2015 Open
(Online)
FC HCEO HCEO Open
(Online)
Open
(Online)
EIP EIP
Winter 2016 Open
(Online)
Spring 2016 Open
(Online)
Open
(Online)
HCEO HCEO HCEO
-
Open
(Online)
EIP
Summer 2016 Open
(Online)
Fall 2016 FC HCEO HCEO EIP EIP
Winter 2017 Open
(Online)
Spring 2017 Open
(Online)
HCEO HCEO   EIP
Summer 2017 Open
(Online)
Fall 2017 FC HCEO HCEO Open
(Online)
Winter 2018 Open
(Online)
Spring 2018 Open
(Online)
HCEO EIP
Summer 2018 Open
(Online)
Fall 2018 FC HCEO HCEO Open
(Online)
EIP EIP
Winter 2019 Open
(Online)
HCEO
Spring 2019 Open
(Online)
HCEO
-
Open
(Online)
HCEO   EIP
Summer 2019 Open
(Online)
Fall 2019 HCEO HCEO EIP EIP
Winter 2020 Open
(Online)
Spring 2020 Open
(Online)
HCEO HCEO   EIP
Summer 2020 Open
(Online)
ENES 140 ENES 210 ENES 460 ENES 461 ENES 462 ENES 463 ENES 464 ENES 466 HEIP 143 HEIP 240 HEIP 241

Admission

 

Admission and advising for the minor is managed by Mtech’s Office of Entrepreneurship Education. For advising questions related to how minor courses may count towards degree requirements or other program requirements, connect with the appropriate academic advisor.

 

Students may apply to the Minor on a rolling basis. To enroll in the Minor, students will complete an advising worksheet. Complete the anticipated “semester enrolled” column using the schedule posted HERE. This is critical to confirming that you have enough semesters left on campus to complete the Minor. Students must apply for the Minor no later than one year before their graduation date. A member of the Minor advisory team will contact applicants within one week of submission. If you have any questions, please email mtecheducation@umd.edu.

Complete Advising Worksheet

 

 

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University of Maryland

College Park, MD 20742-3415

 

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