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From Engineers to Innovators and Entrepreneurs. Yang Yang ShanghaiTech University The 2012 Workshop on Innovations in ICT Education, 22-23 Oct. 2012, Beijing, China. Entrepreneurship: why and what.

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From engineers to innovators and entrepreneurs

From Engineers to Innovators and Entrepreneurs

Yang Yang

ShanghaiTech University

The 2012 Workshop on Innovations in ICT Education, 22-23 Oct. 2012, Beijing, China.

Entrepreneurship why and what
Entrepreneurship: why and what

Frank Huband: “Society needs engineers who not only solve engineering problems, but who can participate in bringing ideas and products to market.”

Peter F. Drucker: "Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service.”

Thomas Edison: "I never perfected an invention that I did not think about in terms of the service it might give others... I find out what the world needs, then I proceed to invent.”

Bill Gates: "We were young, but we had good advice and good ideas and lots of enthusiasm.”

Chinese student entrepreneurs
Chinese Student Entrepreneurs

Source: “2012 Graduate Employment Report”, Chinese Academy of Social Sciences and MyCOS Research Institute, June 2012.

  • China’s Reluctant Young Entrepreneurs, The Wall Street Journal, 19 June 2012

    • Entrepreneur:1%four-year college graduates and 2.2%vocational-college graduates in 2011

    • Innovation: “Some start-up programs by Chinese students are simply copycats.” angel capital investor

    • Business: mostly restaurants, pig farms, e-commerce, transportation and storage in less developed areas

    • Funding:80%+ from parents and relatives

Chinese students in the us
Chinese Students in the US

  • In 2011, 22%+ overseas students in the US are from China, totally 157.6K.

  • More young-age high-school students are choosing undergraduate programs in the US.

  • Chinese Applicants Flood U.S. Graduate Schools, Wall Street Journal, 3 April 2012.

    • China contributes about 50% international graduate applicants to the US in 2012.

    • 2012 is the 7th consecutive year of double-digitgainsfrom China.

  • Source: Council of Graduate Schools

    • Annual Report on the Development of China’s Study Abroad, Center for China and Globalization, Social Sciences Academic Press, September 2012.

    Life is a game a success story in the us
    Life is a game: a success story in the US

    Why be the mayor of your city when you can be the king!

    • City King, Funton, launched 2 May 2012

      • By two 25 y/o Chinese student entrepreneurs, Wu and Lan, graduates of USC and CMU.

      • It transforms local hot spots into battlefields by creating game maps around the city based on players’ actual geographic locations (using iPhone's GPS).

      • Most popular location based games on iPhone.

    Our challenges in china 1
    Our Challenges in China – 1

    • Economy: according to the IMF and the World Bank, GDP per capita of the US and China are USD 48.4K and USD 5.4K, respectively, in 2011.

      • Most Chinese graduates need quickly find a stable job for making money and resolving their daily needs.

    • Policy: local governments and taxes still favor foreign investments and international companies.

      • New enterprises face huge competitive disadvantages.

    • Culture: rooted in the Confucianism, Chinese society values stability, harmony and conformity.

      • The spirit of cautious and modest is a traditional value.

    Our challenges in china 2
    Our Challenges in China – 2

    • Society and Family: a hierarchy with regulators and parents usually making the final decisions.

      • People still need time to gain knowledge and experience of capitalism, entrepreneurship and wealth creation.

    • Education and Student: rote learning, but lack of

      • Knowledge in finance, management, market, business

      • Ability of independent, creative and critical thinking

      • Skills in communications, interpersonal/public relations, leadership, solving problems and learning quickly

      • Funding from angel investors and public resources

      • Characters of curiosity, ambition, passion, courage of taking risks and overcoming failures, spirit of adventure

    QuestionsHow should we address these challengesinfuture ICT curriculum design?How should we provide better ICT education for students, industry and society?

    Responses of china s higher education
    Responses of China’s Higher Education

    • Private liberal arts college, Tianjin, 2013 (by Fujia Yang)

    • ShanghaiTech University, Shanghai, 2012

    • New York University Shanghai, Shanghai, 2012

    • South University of Science and Technology of China, Shenzhen, 2010

    • University of Michigan – Shanghai Jiao Tong University Joint Institute, Shanghai, 2006.

    • Xi’an Jiao Tong – Liverpool University, Suzhou, 2005

    • The University of Nottingham Ningbo, Ningbo, 2004

      • With Eye to Innovation, China Revamps its Universities, Science, 10 August 2012

      • Daring Experiment in Higher Education Opens its Doors, Science, 8 April 2011

    Shanghaitech vision
    ShanghaiTech: Vision

    With people-centered development as the core value of the university, ShanghaiTech will create a dynamic hub where research, education, and innovation meet to provide a multi-disciplinary approach for learning and solving challenging problems facing the society. The university is designed to be small, focused on pursuing excellence and promoting open collaborations with those share the same vision. 

    Founding Members: the Shanghai Municipal Government and the Chinese Academy of Sciences, endorsed by the Ministry of Education in April 2012.

    Shanghaitech r d facilities
    ShanghaiTech: R&D Facilities

    Shanghai Synchrotron Radiation Facility

    ShenGuang-II Laser Facility

    National Protein Science Facility-Shanghai 

    65m Radio Telescope

    National Center for Drug Screening

    Chinese National Compound Library

    Shanghai  Chenshan Plant Science Research Center

    Shanghai Engineering Center for Microsatellites

    12 state key laboratories at local research institutes of CAS

    State-of-the-art scientific equipments and platforms

    Engineering centers and commercialization bases

    Shanghaitech campus master plan
    ShanghaiTech: Campus Master Plan

    Architect:Moore Ruble Yudell Architects & Planners

    Award: 2012 Merit Award for Urban Design, American Institute of Architects, California Council

    Keywords: open, interdisciplinary, interaction, exchange, communications, local engagement, global collaborations

    Shanghaitech goal of ict education
    ShanghaiTech: Goal of ICT Education

    James Clerk Maxwell, Electromagnetic Theory, The 1st permanent color photograph

    Guglielmo Marconi, Inventor of Radio

    Entrepreneur of Wireless Telegraphy

    • To promote economic growth and social progress

      • Research:Science Masters  New Knowledge

      • Innovation: Creative Engineers  New Technology

      • Entrepreneurship: Business Leaders  New Economy

    Shanghaitech ict curriculum design
    ShanghaiTech: ICT Curriculum Design

    • Objective: to transform our graduates from engineers to innovators and entrepreneurs

    • Approaches:

      • Time:students could suspend and resume their study

      • Knowledge: business-focused college courses on entrepreneurship, finance, management and market

      • Ability and Skills: problem-based learning, group project, business competition, seminar, workshop, study exchange

      • Funding: university, and close partnerships with venture capital, local government and high-tech companies

      • Culture and Environment: Shanghai Pudong Science and Technology Park of CAS, Zhangjiang high-tech industrial development zone, Yangtze river delta economy district

    Shanghaitech ict faculty members
    ShanghaiTech: ICT Faculty Members

    龚惠兴 陈桂林 方家熊 何 力 封松林 张钊锋 宋应文 王跃林 曹俊诚 钱 骅

    Full-time Professors: we are recruiting active researchers with exceptional track records or strong potentials

    Adjunct Professors:50+ leading researchers from different research institutes of Chinese Academy of Sciences

    Visiting Professors: leading researchers from world-class universities and research institutions

    Keywords: interdisciplinary, international, innovative, experience, entrepreneurship, leadership

    ShanghaiTech: New Thinking, New Design, New Opportunities …

    上海就是浦东,浦东就是上海Shanghai is Pudong, Pudong is Shanghai

    Let the bullets fly

    For students, us, industry, economy and society.

    Thank you very much for your attention. Many thanks to Professor Ke Gong and Professor Zide Du for inviting me.

    Dr. Yang Yang

    [email protected]