APRU Enterprise Status Report

1
APRU Enterprise Status Report

• Jacob Phang
• Chair, APRU Enterprise Coordinating Group
• APRU 2nd Senior Staff Meeting, 23 March 2005
• University of Auckland

2
APRU Enterprise

• Mooted by NUS at 6th APRU Annual Presidents
  Meeting, 22 June 2002
• Leverage on the diverse and distinctive strengths
  of member universities in education, research and
  technology transfer and application
• Provide a platform to promote best
  entrepreneurial programs and practices as well as
  to launch innovations
• Support APRU to take on a catalytic role in
  advancing knowledge, transferring technologies
  and creating wealth for the Pacific Rim.

3
APRU Enterprise Coordinating Group

• To facilitate development of new initiatives and
  coordinate activities under APRU Enterprise
  umbrella
• Endorsed by APRU Steering Committee on 7 March
  2003
• Coordinating Group Members 11
• APRU Enterprise Coordinators 26

4
APRU EnterpriseCoordinating Group Members

• Jacob Phang, National University of Singapore
  (Chair)
• Alan Meyer, University of Oregon
• Angus Livingstone, University of British Columbia
• Guoxing Jiang, Fudan University
• James Severson, University of Washington
• Koso Murakami, Osaka University
• Lin-shan Lee, National Taiwan University
• Mathew Yuen, Hong Kong University of Science and
  Technology
• Neal Sullivan, University of Southern California
• Tim Hurst, University of Sydney
• Tina Seelig, Stanford University

5
Past Activities

• Technology Transfer and Wealth Creation Survey
• Report and publication
• APRU Enterprise Conference, 30 Oct 03, Singapore
• attended by 31 staff from 19 member universities
• 6 initiatives proposed
• APRU Pavilion at Global Entrepolis _at_ Singapore,
  27-31 Oct 03
• 11 member universities participated in exhibition
• 250 exhibitors from 19 countries
• 10769 participants from 30 countries

6
Proposed Activities

• APRU Business Plan Competition Extra
  Chapter Challenge
• Global Startup Competition
• APRU Enterprise Web Portal
• 2nd Roundtable for Entrepreneurship Education
  Asia, 6-8 July 2005, Beijing, China

7
APRU Business Plan Competition Extra Chapter
Challenge (1)

• An APRU competition for commercialising student
  research
• Objectives
• Encourage Masters and Doctoral students to write
  an extra chapter in their dissertations on
  commercializing their research output
• Possibility of including this competition as part
  of APRU Doctoral Students Conference
• Coordinator Tim Hurst, University of Sydney

8
APRU Business Plan Competition Extra Chapter
Challenge (2)

• Action items
• Each university to provide one or two awards
  which includes the following
• stipend for 3-6 months to complete extra
  chapter
• travel support to participate in Extra Chapter
  Challenge to be held during APRU Doctoral Student
  Conference
• host university to provide prizes

9
Global Start-up Competition (1)

• Winners of various national and regional business
  competitions invited to compete.
• 1st Global Startup, 27-28 Oct 03, Singapore,
  organized by NUS and INSEAD
• 16 teams from Asia, Europe and North America
• Winners (US20,000) UC Berkeley, Runners-up
  London Business School and NUS
• 2nd Global Startup, 11-12 Oct 04, Singapore,
  organized by NUS and INSEAD
• 20 teams from Asia, Europe and North America
• Winners (US20,000) Stanford Runners-up
  Wharton and UC Berkeley
• 3rd Global Startup, Oct 05, Stanford, organized
  by Stanford, NUS and INSEAD

10
Global Start-up Competition (2)

• Propose that winners of various Business Plan
  competitions at APRU universities compete at
  Global Startup Competition
• APRU Enterprise could be a co-organizer of this
  competition with INSEAD and members could take
  turns to host the competition
• Member universities to provide financial support
  for their winning teams to participate in the
  competition annually

11
APRU Enterprise Web Portal

• Objectives
• To create a resource centre for information
  relating to technology transfer and
  commercialization among APRU universities e.g.
  technologies available for licensing, spin-off
  companies, etc
• To serve as a online platform for APRU member
  universities to share and discuss new
  initiatives, best practices and research
  initiatives, with opportunities for
  collaboration.
• Working committee to be formed and concrete plan
  to be worked out
• Coordinator NUS

12
2nd Roundtable for Entrepreneurship Education
Asia, 6-8 July 2005, Beijing, China

• Objective
• Designed to gather Business, Science and
  Engineering faculty from leading universities
  with the goal of accelerating entrepreneurship
  education for scientists and engineers
• Successful Inaugural Roundtable for
  Entrepreneurship Education Asia held in
  Singapore, 28-30 July 2004, led by NUS, Stanford
  U and UC Berkeley.
• APRU Enterprise will continue to support by
  endorsing the event
• Led by Stanford, Tsinghua and NUS