ProfPaulYSCheung

ProfessorinElectrical&ElectronicEngineeringTheUniversityofHongKong

Confiden'al©PaulCheung,2016

SummerIns'tute2016@HKU

Innovation & Entrepreneurship - Why is it important to Higher Education 31May2016

DreamCatchers-31May2015@HKU

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DreamCatchers-31May2015@HKU

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Innova'on+

Interdisciplinary+

Interna'onaliza'on

ê

IMPACT

Alignmentof“Defini'ons”

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§  Imagina'on–daydreamingwithliGleornoproducIvity

§  Crea'vity–somethingoriginalthatisputintoacIon

§  Innova'on–somethingoriginal,putintoacIonthatcreatesrealvalueorsolvesarealproblem

§  Entrepreneurship–turninnovaIonsintobusinessorenterprisesforsocialoreconomicbenefits

§  Entrepreneurialmind-set–anacumenoraMtudetocreatevaluesthroughchallengingoldpracIcesandpuMngnewideasintoacIon

SomeofOur“Fallacies”inHigherEduca'on

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1.   ProfessorsareinnovaIveandknowhowtoteachstudentstobeinnovaIve

2.   Entrepreneurshipisin-bornandcannotbetaught

3.  UniversityisaplaceofinnovaIonandstudentsnaturallybecomeinnovaIveamongthesegreatminds

4.  Bodyofknowledgeissohugethatwehavetoteachthemasmuchaspossible,otherwisestudentsmaynotbesufficientlypreparedtobecompeIIveintherealworld

The“Reality”

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1.  Wearegenerallydated,andstudentsarelikelytobemoreinnova'vethanmostprofessors

2.  Entrepreneurshipisaskillandlikeallskills,itcanbetaughtanddeveloped

3.  UniversityshouldbeaplaceofinnovaIon,butstudentsoUenfocusmostlyongradesandprofessorsfocuson“teaching”them

4.  CurriculumareoUentoocrowdedwithoutsufficient

spaceforstudentstodevelop“innovaIon”,andwecannever“teach”enoughtosufficientlypreparethem

StoryofNickGu–TheBradleyWatch

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NickGu

WhereInnova'onsComeFrom?

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“Where Good Ideas Come From”

by Steve Johnson���

Exercise:catchupto5keywordsand

themostimportantconceptinthis2-

minutesvideo

Whatarethekeywordsandkeyconcept?

Whatarethekeywordsthatyouhavecaptured?

“TheChanceFavors

theConnectedMind”

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WhatcanWEdoaboutit?Example:Engineering

•  BuildtheResearchStudentCenterinEngineering•  AninnovaIonspacewithintheCenter–TheEngineeringDreamLab

•  Promote“Design-Thinking”andencouragea“Maker-

mentality”–Notjusttalk,alsodo(andmake)•  Fostermoreexchanges–“TheChancefavourstheConnectedMind”

•  InnovaIonoUencomesfrominspiraIonandserendipity,whichinturncomesfrombombardmentsof“slowhunches”@theinterfaceofdifferentdisciplines

•  Weneedthedepth,aswellasthebreath10

WhatcanSTUDENTSdoaboutit?

•  Changeyourmindset–doyourbesttomaketheBESTuseofthese4yearstoGROW(inknowledge,wisdom&being)

•  Setgoals(andaskwhythesegoalsareimportanttoyou),thenpursuethem–wearecreaturesofhabits

•  Exercisethe70/20/10rulesinwhatyoudo•  Openyour:

–  Eyes– Mind–  Heart–  Self

•  Avoid“formbeforesubstance”11

EntrepreneurshipDevelopment@HKU

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•  EntrepreneurshipAcademy–  700+parIcipatedfrom2010-16–  over180registeredinEA2016

•  STEP@CoCoon+HKU–  Startupinternship@CoCoon–  ExtendedtootherstartupbyBusiness

School(SpeeddaIng)

•  TSSSU@HKU(totally$12MsupporIng21startupsbystaff,studentsandalumniin2½Years)

•  AngelHack@HKU2015•  DreamCatchersxPMQ2015•  DreamCatchersForum2015with

PonyMa,AnthonyLeungandothers

EntrepreneurshipDevelopment@HKU

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•  StartupWeekends@HKU•  StartupSalad@HKU•  HKUAlumniEntrepreneurshipClub

(HKUAEC)•  HKUSocialEntrepreneursNetwork•  SocialEntrepreneursStartupJamming

@HKUbyCEDARS•  DreamCatchers100KCompe''on

•  SingularityUniversityExponenIalThinkingForum

•  DreamCatchersMedTechHackathon@

HKU2016

DreamCatchers100K

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IssuesWeAreAddressing@HKU

§  HowshouldwemakeInnovaIon,CreaIvityandEntrepreneurshipafocusedstrategyinmovingHKUforwardinthenextdecadeandbeyond?

§  WhathardwareandsoUwareinfrastructuresareneededtomakethishappen?

§  Howbesttocoordinatetheuncoordinatedefforts,iniIaIvesandresources(especiallyhumanresources)toensurewehavethebestsynergyamongourunits

§  Whatresourcesdoweneed:howmuch,howtogetthem,howtomanagesuchresources–space,financial,andhumanresources

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Interview–“StraightfromtheHorse’sMouth”

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“Accosys–AStartupfromHKU”

DrMilesWen,PhDinEEE

Interview–“StraightfromtheHorse’sMouth”

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1.  YouwereourstudentatHKUforyourBEngandPhDdegrees,canyoutelluswhatarethethreethingsthatyouhavelearnedorhavechangedyouinthese7years?

2.  IunderstandthatyoucompletedyourPhDlessthanayearago,andyouhadopportuniIestoworkwithlargecorporatelikeGoogleetc.Butyouchosetobecomeanentrepreneurandstartyourowncompany,Accosys.Whatdroveyouto

dothat?

Interview–“StraightfromtheHorse’sMouth”

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3.  Inyourentrepreneurshipjourney,whatarethemostenjoyableexperienceandwhatarethemostchallengingexperience?

4.  Nowthatyouhavebeenwithusforabout8years,whatdoyouhopethatwecandobeferordifferentlyatHKUwhichwouldhavehelpedyoumoreasanentrepreneurorayoung,driven,ambiIousintellectual-possiblyyouareoneofthosewhorepresentourfuture!

Now-ThisisYOURTime!

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Mylastwords

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“Ifyoualwaysdo,whatyoualwaysdidYouwillalwaysget,whatyoualwaysgot”

AlbertEinstein

“Ifyoualwaysdo,whatyoualwaysdid,Youcannotevenget,whatyoualwaysgot”

PaulCheung