Provides an integrated approach to the development and growth of new innovative ventures. Intended for students who seek to leverage their engineering and science background through innovation-driven entrepreneurship. Emphasizes the concept that innovation-driven entrepreneurs must make a set of interdependent choices under conditions of high uncertainty, and demonstrates that venture engineering involves reducing uncertainty through a structured process of experimental learning and staged commitments. Provides deep understanding of the core technical, customer, and strategic choices and challenges facing start-up innovators, and a synthetic framework for the development and implementation of ventures in dynamic environments.

S. Stern

Professor

Venture Engineering

Covers a broad range of topics in modern manufacturing, from models and structures for 21st-century operations, to case studies in leadership from the shop floor to the executive office. Also includes global perspectives from Asia, Europe and North America, with guest speakers from all three regions. Explores opportunities for new ventures in manufacturing. Intended primarily for Master of Engineering in Manufacturing students.

J. Pacheco

Professional Seminar in Global Manufacturing Innovation and Entrepreneurship

Introduction to the substance and process of funding technology startups. Topics include a comparative analysis of various sources of capital; templates to identify the optimal investor; legal frameworks, US and offshore, of the investment process and its related jargon; an introduction to understanding venture capital as a business; and market practice and standards for term sheet negotiation. Emphasizes strategy as well as tactics necessary to negotiate and build effective, long-term relationships with investors, particularly venture capital firms (VCs).

S. Loessberg

Senior Lecturer

Money for Startups

Provides an intense project-based learning experience around the design of medical devices with foci ranging from mechanical to electro mechanical to electronics. Projects motivated by real-world clinical challenges provided by sponsors and clinicians who also help mentor teams. Covers the design process, project management, and fundamentals of mechanical and electrical circuit and sensor design. Students work in small teams to execute a substantial term project, with emphasis placed upon developing creative designs -- via a deterministic design process -- that are developed and optimized using analytical techniques. Includes mandatory lab. Instruction and practice in written and oral communication provided. Students taking graduate version complete additional assignments. Enrollment limited.

N. Hanumara

Medical Device Design

Examines the future of sports technology across technical disciplines, including mechanical design, biomechanics, quantified self, sports analytics, and business strategies. Includes visits by leaders in the field to discuss various industries, career pathways, and opportunities for innovation in the field. Projects explore and potentially kickoff larger research and/or entrepreneurial initiatives.

Sports Technology: Engineering & Innovation

2.98

About the Class

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