john b. ochs lehigh university, bethlehem, pa....
TRANSCRIPT
Res
ou
rces
fo
r E
ntr
epre
neu
rsh
ip
Ed
uca
tio
n t
hro
ug
h In
teg
rate
d P
rod
uct
D
evel
op
men
t (I
PD
)
John
B. O
chs
Leh
igh
Uni
vers
ity, B
ethl
ehem
, PA
.
RE
E C
onfe
renc
e O
ctob
er, 2
003
Leh
igh
in B
rief
•C
arne
gie
Res
earc
h II
Doc
tora
l In
stit
utio
n•
Foun
ded
186
5, P
riva
te, E
ast C
oast
•~$
700M
end
owm
ent
•~4
650
UG
, ~20
00 G
rad
•~4
50 fa
cult
y•
77 u
nder
grad
uat
e pr
ogra
ms
•4
Col
lege
s –
Art
s &
Sci
ence
s (~
45%
of u
.g)
–E
ngin
eeri
ng (~
30%
)–
Bus
ines
s &
Eco
nom
ics
(~ 2
5%)
–E
duc
atio
n (g
rad
only
)•
SAT
inte
r-qu
arti
le: 1
210-
1350
•T
op 4
0 U
S N
ews
Nat
iona
l Uni
v.
Leh
igh
’s IP
D P
rog
ram
•A
not
-so-
quie
t rev
olut
ion
in e
ntre
pren
eurs
hip
educ
atio
n•
Tru
ly in
terd
isci
plin
ary
entr
epre
neur
ship
–bu
sine
ss, d
esig
n ar
ts, e
ngin
eeri
ng, e
duc
atio
n•
Pre-
colle
ge th
roug
h gr
adua
te•
Col
labo
rati
on w
ith
succ
essf
ul a
lum
ni th
roug
hout
–pl
anni
ng–
proj
ects
–sp
onso
rshi
p•
Aim
s to
cre
ate
an e
nvir
onm
ent f
or fo
ster
ing
stud
ent
tech
nolo
gy e
ntre
pren
eurs
IPD
Pro
gra
m T
enet
s•
Stud
ents
who
pro
gres
s m
ost r
apid
ly th
roug
h th
eir
chos
en c
aree
rs a
re:
–pr
ofes
sion
ally
com
pete
nt–
expe
rien
ced
in r
eal w
orld
pro
blem
sol
ving
–m
ulti
-fu
ncti
onal
–te
am-o
rien
ted
–se
lf-d
irec
ted
–E
ntre
pren
euri
al s
piri
ted
•A
ctiv
e, c
olla
bora
tive
, pro
cess
-bas
ed le
arni
ng is
su
peri
or fo
r d
evel
opin
g hi
gher
-ord
er s
kills
Leh
igh
’s E
du
cati
on
al A
pp
roac
h•
Use
cro
ss d
isci
plin
ary
team
s an
d d
evel
op te
amw
ork
expe
rien
ce•
Seek
ind
ustr
y sp
onso
rshi
p an
d h
elp
•Pr
ovid
e op
port
unit
y fo
r st
uden
t ent
repr
eneu
rs•
Gui
de
team
s th
roug
h a
four
-ste
p ne
w p
rod
uct
dev
elop
men
t pro
cess
•E
mph
asiz
e m
odel
ing
and
sim
ulat
ion
•E
mph
asiz
e pr
otot
ype
dev
elop
men
t•
Em
phas
ize
oral
and
wri
tten
pre
sent
atio
n sk
ills
Cro
ss C
olle
ge
Co
llab
ora
tio
n
IPD
Pro
gra
m H
isto
ry•
Phas
e 0:
Pla
nnin
g w
/ in
dus
try
mee
ting
, 199
1•
Phas
e I:
Pilo
t im
plem
enta
tion
, Jan
199
4–
IPD
cap
ston
e pr
ojec
t cou
rse
is n
atio
nal w
inne
r fo
r cu
rric
ulu
m in
nova
tion
in 1
996
com
peti
tion
–U
nive
rsit
y co
mm
its
to fu
nd r
aisi
ng fo
r sc
ale
up
•Ph
ase
II: S
cale
up,
Jan
1998
-D
ec 2
003
–ne
w c
amp
us c
ente
r fo
r te
chni
cal e
ntre
pren
eurs
hip
–ne
w m
ajor
s: In
tegr
ated
Bus
ines
s &
Eng
inee
ring
, D
esig
n A
rts,
MB
A &
E, B
usin
ess
& C
omp
Sci
–“n
orm
aliz
e” b
udge
ts
Top
Ten
Int
erna
l Res
ourc
es
1.
Cro
ss d
isci
plin
ary
(div
erse
) te
ams
of f
acul
ty.
Cho
ose
facu
lty te
am m
embe
rs th
at a
re a
ctio
n or
ient
ed, t
rust
wor
thy,
and
hon
orab
le
2.
Kee
p th
e ad
min
istr
atio
n on
you
r si
de -
seek
lik
e m
inde
d pa
rts
of y
our
inst
ituti
on
3.
Use
inte
rnal
and
ext
erna
l eva
luat
ors
to h
elp
you
to c
onti
nuou
sly
impr
ove
4.
Eng
age
supp
ort f
rom
Alu
mni
and
Ind
ustr
ial
part
ners
(al
so p
rovi
des
cred
ibili
ty -
spre
ads
risk
)
Top
Ten
Int
erna
l Res
ourc
es
5.
Eng
age
stud
ents
in d
esig
n an
d ev
alua
tion
of
cour
ses
6.
You
r cu
rric
ulum
-st
art w
ith
a pi
lot c
ours
es
and
buil
d on
the
succ
ess
7.
Indu
stry
sup
port
for
pro
ject
s: th
eir
peop
le
and
proj
ects
are
mor
e im
port
ant t
han
thei
r do
llar
s
8.
Seek
fin
anci
al s
uppo
rt f
or in
fras
truc
ture
and
le
vera
ge it
-se
ed f
undi
ng th
en s
usta
inab
le
Top
Ten
Int
erna
l Res
ourc
es
9.
Inte
rnal
and
ext
erna
l pub
lic r
elat
ions
: be
you
own
publ
ic r
elat
ions
dep
artm
ent
10. S
urro
und
your
self
wit
h go
od p
eopl
e; a
po
siti
ve th
inki
ng te
am o
f fa
culty
and
sta
ff
IPD
Pro
gram
Str
uctu
reP
RE
PR
E-- C
OL
LE
GE
CO
LL
EG
EO
UT
RE
AC
HO
UT
RE
AC
H
FRE
SH
ME
N P
RO
JEC
TS
FRE
SH
ME
N P
RO
JEC
TS
EN
GIN
EE
RIN
GE
NG
INE
ER
ING
SE
QU
EN
CE
SS
EQ
UE
NC
ES
BU
SIN
ES
SB
US
INE
SS
SE
QU
EN
CE
SS
EQ
UE
NC
ES
DE
SIG
N A
RT
SD
ES
IGN
AR
TS
SE
QU
EN
CE
SS
EQ
UE
NC
ES CA
PS
TO
NE
PR
OJE
CT
SC
AP
ST
ON
E P
RO
JEC
TS
GR
AD
UA
TE
GR
AD
UA
TE
PR
OG
RA
MS
PR
OG
RA
MS
En
trep
ren
euri
al P
roje
ct
Ch
arac
teri
stic
s•
Inte
rdis
cipl
inar
y st
uden
t tea
ms
•W
ork
dir
ectl
y w
ith
men
tors
/sp
onso
rs•
Bus
ines
s &
tech
nica
l fea
sibi
lity
stud
ies
•Pr
otot
ype,
mar
keti
ng a
nd m
anuf
actu
ring
pro
cess
d
evel
opm
ent
•Fo
cus
on–
team
bui
ldin
g &
lead
ersh
ip–
oral
, wri
tten
& v
isua
l com
mu
nica
tion
–gl
obal
com
mer
cial
izat
ion
lb
lf
ti
Pro
du
ct D
evel
op
men
t M
eth
od
olo
gy
•E
ncou
rage
Stu
den
t Ent
repr
eneu
rs th
roug
h “S
tud
ent
Invi
tati
on to
Inno
vate
”•
Tea
m w
ith
loca
l sta
rtu
p co
mpa
nies
•In
dus
try
spon
sors
for
prod
uct i
mpr
ovem
ent
•“D
eep
Div
e” p
roce
ss•
Tru
ly m
ulti
-dis
cipl
inar
y te
ams
•Fa
cult
y as
“gu
ides
on
the
sid
e”•
Ext
ensi
ve s
uppo
rt in
fras
truc
ture
–la
bs a
nd s
taff
4-S
tep
Pro
du
ct D
evel
op
men
t P
roce
ss
Op
por
tun
ity
Sca
nn
ing
Con
cep
tual
D
esig
n &
P
rod
uct
P
lan
nin
g
Pro
du
ct
Dev
elop
men
t
Man
ufa
ctu
rin
g D
evel
opm
ent
Mar
ket
D
evel
opm
ent
Man
ufa
ctu
rin
g R
amp
-up
Mar
ket
In
trod
uct
ion
Pro
ject
an
d P
roce
ss M
anag
emen
t
Doc
um
enta
tion
an
d D
ata
Man
agem
ent
12
4
3 3
4
IPD
Tas
ks &
Del
iver
able
s•
Cus
tom
er n
eed
s•
Com
peti
tive
be
nchm
arks
•T
arge
t mar
kets
•M
arke
ting
str
ateg
ies
•T
arge
t pri
cing
•T
arge
t spe
cifi
cati
ons
&
cons
trai
nts
•C
once
pt g
ener
atio
n/
sele
ctio
n•
Cos
t & c
ash
flow
ana
lysi
s•
Des
ign
proc
ess
met
hod
olog
ies
•D
esig
n fo
r m
anuf
actu
ring
•Pr
otot
ypes
& te
stin
g•
Prod
ucti
on p
lann
ing
Ora
l & p
oste
r br
iefi
ngs
& w
ritt
en r
epor
tsM
odel
ing
and
sim
ulat
ions
thro
ugho
ut
Exa
mp
le P
ost
erF
resh
man
Wo
rksh
op
, 200
2
Na
tio
na
l
Win
ne
r$
13
,60
0
Exa
mp
le P
ost
erF
resh
man
Wo
rksh
op
, 200
3
IPD
Exp
erie
nce
s fo
r S
tud
ents
•T
eam
ing
wit
h bu
sine
ss,
engi
neer
ing
& a
rt m
ajor
s•
Sing
le te
am fo
r th
e en
tire
pr
ojec
t (2-
4 se
mes
ters
)•
Eva
luat
ion
base
d o
n in
div
idua
l and
team
pe
rfor
man
ce•
Ind
ustr
y ev
alua
tion
Exa
mp
le IP
D P
artn
ers
•A
T&
T/
Luc
ent
•A
lcoa
•A
rmst
rong
•B
. Bra
un M
edic
al•
Loc
khee
d M
arti
n•
Bla
ck &
Dec
ker
•Si
gnod
e C
orpo
rati
on•
Dai
mle
rChr
ysle
r•
Bus
tin
Ind
ust
ries
•E
xxon
•
Flex
Lin
kSy
stem
s
•Fo
llett
•G
ener
al M
otor
s•
John
son
& Jo
hnso
n•
Just
Bor
n•
Kno
ll G
roup
•K
ulic
ke &
Sof
fa•
Lut
ron
Ele
ctro
nics
•M
athe
w H
oey
Des
ign
•N
eo P
rod
ucts
•Pr
att &
Whi
tney
•Pe
nn E
ngin
eeri
ng
Mat
thew
Hoe
y’s
Dup
ont C
oria
nL
oung
e C
hair
Exa
mp
le IP
D P
rod
uct
Neo
Pro
du
cts’
J-2
Sp
itfi
re V
iolin
Exa
mp
le IP
D P
rod
uct
CD
G C
hlor
ine
Dio
xid
e G
ener
ator
, 200
3
Ele
ctro
n M
icro
scop
e C
orro
sion
Mec
hani
sm
Ana
lysi
s
Exa
mp
le IP
D/IB
E P
roje
ct
GM
Chi
p R
emov
al G
un,
200
2
Wor
king
Pr
otot
ypeC
once
ptu
alSk
etch
Tes
ting
Exa
mp
le IP
D P
roje
ct
Flo
w V
isu
aliz
atio
n S
imu
lati
on
Exa
mp
le IP
D A
nal
ysis
Plus
/min
us E
rror F
acto
r Tab
le &
Gra
ph80
Perc
ent
-5.0
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50.
472
80
5015
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Dev
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t co
sts
Uni
t Pro
duct
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Cost
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Qty
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old
Qty
P
rodu
ced
All
Num
bers
in T
hous
ands
Proj
ect N
PV b
y Vo
lum
e &
Pric
e
-200
-1000
100
200
300
400
500
600
00.
51
1.5
2
Pric
e ($
thou
sand
s)
Project NPV
20 60 100
140
180
Qua
ntity
Sold
Exa
mp
le F
inan
cial
Sim
ula
tio
n
IPD
, Hel
lase
tV
olle
ybal
l, 20
02
Exc
el M
odel
&
“W
hat-
If”
Sim
ulat
ion
Exa
mp
le T
her
mal
Imag
ing
Tes
ts
Expe
rim
ent 2
at a
Set
ting
of 6
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y =
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Tria
l
Deg. F Cas
eLi
ght S
hiel
dTo
p Ro
ller
Botto
m R
olle
rPa
per
Line
ar (L
ight
Shi
eld)
Exa
mp
le IP
D A
nal
ysis
Kin
emat
ics
& D
ynam
ics
Mo
del
ing
Exa
mp
le IP
D A
nal
ysis
Rap
id P
roto
typ
ing
Exa
mp
le IP
D C
apab
ility
CN
C M
ach
inin
g
Exa
mp
le IP
D C
apab
ility
Inje
ctio
n M
old
ing
Mo
del
ing
& T
est
Exa
mp
le IP
D C
apab
ility
IPD
Cap
sto
ne
Pro
ject
Sta
tist
ics
•>
150
Ind
ustr
y Sp
onso
rs•
>10
00 s
tud
ents
in o
ver
175
proj
ect t
eam
s•
2003
Cap
ston
e: 3
3 te
ams
and
>20
0 st
uden
ts•
Ave
rage
of 1
6 fa
cult
y ad
viso
rs p
er y
ear
•Pr
ojec
ts fr
om a
) com
pani
es, b
) loc
al e
ntre
pren
eurs
, c)
stud
ent e
ntre
pren
eurs
•C
onta
cts
mad
e th
roug
h L
ehig
h’s
Car
eer
Serv
ices
, C
orpo
rate
Rel
atio
ns, A
lum
ni, S
BD
C &
Ben
Fra
nklin
C
ente
r•
7 C
ON
SEC
TU
TIV
E Y
EA
RS
of N
AT
ION
AL
WIN
NE
RS
for
stud
ent t
echn
olog
y en
trep
rene
ursh
ip: N
CII
A g
rant
s $1
3K-$
20K
Seek
, fro
m F
.L.I.
Tec
hnol
ogie
s, 2
002
Feat
ured
at S
mit
hson
ian
Col
legi
ate
Inno
vato
rs E
xpo
CA
D M
odel
Wor
king
Pro
toty
peSt
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litho
grap
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Exa
mp
le IP
D S
tud
ent
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trep
ren
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Na
tio
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eam
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legi
ate
Inno
vato
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xpo.
, B
osto
n M
useu
m o
f Sci
ence
, 200
3
Exa
mp
le IP
D S
tud
ent
En
trep
ren
euri
al S
tart
-Up
Na
tio
na
l
Win
ne
r$
13
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0
Cyc
lops
from
Obs
idia
n Su
spen
sion
Sy
stem
s
Feat
ured
atS
mit
hson
ian
Col
legi
ate
Inno
vato
rs
Exp
oN
at
ion
al
W
inn
er
$2
0,0
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Exa
mp
le IP
D S
tud
ent
En
trep
ren
euri
al S
tart
-Up
2003
win
ner
IPD
Invi
tati
on
to In
nova
teN
ilson
Cal
cium
R
eact
orfo
r R
eef
Aqu
ariu
ms
>50
sol
d al
read
y @
$35
0/ea
.
Exa
mp
le IP
D S
tud
ent
En
trep
ren
euri
al S
tart
-Up
Su
stai
nab
le O
rgan
izat
ion
•Fa
cult
y an
d ad
min
istr
atio
n le
ader
ship
•Pe
rman
ent s
uppo
rt s
taff
(5)
•Pr
ofes
sors
of
Pra
ctic
e (5
)•
Gra
duat
e st
uden
t TA
s (3
)•
Supp
lies
and
labs
ope
rati
on b
udge
tC
AD
Lab
Stud
ent s
hop
Wilb
ur G
raph
ics
Lab
Wilb
ur p
roto
lab
Mee
ting
Roo
ms
Proj
ect L
abs
Po
wer
ho
use
Ren
ova
tio
ns
Pow
erho
use
Flyt
hrou
gh in
Alia
s W
avef
ront
Seni
or S
tud
ent C
ompu
ter
Ani
mat
ion
Proj
ect
Po
wer
ho
use
Ren
ova
tio
ns
Nex
t S
tep
s •
Exp
and
our
coll
abor
atio
ns–
Reg
iona
l: C
APE
pro
posa
l for
sta
te-w
ide
netw
ork
of K
-Gra
d st
uden
t ent
repr
eneu
rs–
Nat
iona
l: N
2TE
C &
Cor
nell’
s IC
E p
rogr
ams,
LU
E
ntre
pren
euri
al A
lum
ni N
etw
ork
(Kau
ffm
an F
ound
atio
n)–
Inte
rnat
iona
l: G
loba
l vill
age,
inte
rnat
iona
l des
ign
team
s•
Exp
and
our
grad
uate
pro
gram
s–
MB
A&
E a
nd V
entu
res
(Ent
repr
eneu
rshi
p) s
erie
s–
Supp
ort n
ew p
rodu
ct d
evel
opm
ent i
n L
U’s
rese
arch
thru
st a
reas
•C
ontin
ue g
row
th o
f on
-cam
pus
acad
emic
pro
gram
s–
Des
ign
Art
s -
Indu
stri
al D
esig
n &
Gra
phic
Des
ign
–In
tegr
ated
Bus
ines
s &
Eng
inee
ring
–In
tegr
ated
Bus
ines
s &
Com
pute
r Sc
ienc
e–
Bio
Eng
inee
ring
Sp
ecia
l Th
anks
fo
r F
un
din
g
•D
epar
tmen
t of
Edu
cati
on G
rant
I -
$370
K (
1999
-200
2)
•D
epar
tmen
t of
Edu
cati
on G
rant
II
-$3
50K
(20
01-3
)•
Dep
artm
ent o
f L
abor
-$5
56K
(20
01-3
)•
NA
SA-C
APE
-$6
7K (
1999
-200
1)•
Kau
ffm
an F
ound
atio
n -
$50K
(20
03-4
)•
Lem
elso
nFo
unda
tion/
NC
IIA
-~$
120K
(19
97-2
003)
•L
ehig
h’s
alum
ni -
$5.2
M f
or W
ilbur
Pow
erho
use
Stud
ent
Ent
repr
eneu
rial
Pro
ject
s C
ente
r•
Leh
igh
adm
inis
trat
ion
for
sust
aina
ble
fund
ing
–L
ehig
h’s
2020
Pro
gram
-$2
00 to
400
K p
er y
ear
(200
1-4)
–L
ehig
h U
nive
rsity
Adm
inis
trat
ion
-$5
00K
per
yea
r co
ntin
uous
fu
ndin
g (2
004
star
t)
ww
w.le
high
.edu
/ipd/