Burton Lee - Stanford Engineering - ME421 - Course Introduction - Jan 7 2013 - Final
1. European Entrepreneurship & Innovation
Thought Leaders
(ME 421)
Course Introduction
Winter Quarter 2013 | Year Five | Hewlett 201 Aud
Dr. Burton H. Lee PhD MBA | Prof Larry Leifer
Course Director, Lecturer | Professor
Department of Mechanical Engineering
burton.lee@stanford.edu
http://me421.stanford.edu
January 7 2013 | Session One
center for design research
cdr.stanford.edu
3. Statue of Lenin - Belarus Parliament, Minsk
KGB Headquarters Building
Minsk, Belarus
Global Entrepreneurship Week Conference | Startups Master Class @ BELBIZ
Jan 7 2013 Minsk, Belarus H Lee 20132012
Copyright Burton - Nov 3
4. Stanford Partners
2013
TheSwedish Governmental Agency
for Innovation Systems
Silicon Valley, CA Silicon Valley, CA Silicon Valley, CA
Stockholm, Sweden Belfast, UK Tallinn, Estonia
Orrick, Herrington & Sutcliffe LLP
Silicon Valley, CA
Jan 7 2013 Copyright Burton H Lee 2013 4
5. Today’s Session
Jan 7 2013
• Venture Capital Leaders in Portugal and the UK
– Anne Glover
• CEO & Co-Founder, Amadeus Capital Partners
– Cambridge | London, UK
– José da Franca
• Chairman & CEO, Portugal Ventures
– Lisbon, Portugal (PT)
Jan 7 2013 Copyright Burton H Lee 2013 5
8. European Entrepreneurship &
Innovation Thought Leaders
Stanford Engineering ME421
Winter 2013
Map of Presenting Speaker |
| Institution Nationalities
8
9. Today’s Discussion
Jan 7 2013
• Venture Capital Leaders in the UK and Portugal
• Key themes:
– Personal Histories and Journeys – from UK/Portugal to SV
– From executive/engineer/computer scientist/hacker to VC
– Crossing the Pond to Silicon Valley
– Entrepreneurship and innovation ecosystems in UK and PT
– Silicon Valley vs Portugal and UK – what is different?
– Amadeus Capital & Portugal Ventures – lessons learned
Jan 7 2013 Copyright Burton H Lee 2013 9
10. Class Schedule
• Jan 7: Venture Capital Leaders in Portugal and the United Kingdom
• Jan 14: Accelerators & Entrepreneur-Professors in Italy & Ireland
• Jan 21: NO CLASS - Holiday
• Jan 28: University Commercialization in Nordic & Eastern Europe
• Feb 4: European Expansion Strategies for Silicon Valley Startups
• Feb 11: Energy & Cloud Computing Entrepreneurs in Slovakia & Germany
• Feb 18: NO CLASS - Holiday
• Feb 25: Digital Healthcare & Big Data Spin-outs in Northern Ireland and the Mediterranean
• Mar 4: Hot Software Startups Out of Central and Nordic Europe
• Mar 11: Nordic & Eastern European Startup Bootcamps
Session topics and speakers subject to change
Jan 7 2013 Copyright Burton H Lee 2013 10
11. Next Week’s Session
Jan 14 2013
• Accelerators & Entrepreneur-Professors in Italy & Ireland
– Maurizio Rossi
• VP & Co-Founder, H-FARM Ventures
– Veneto Region, Italy (IT)
– John Breslin
• Director, Boards.ie; Lecturer, NUI Galway
– Galway, Ireland (IE)
Jan 7 2013 Copyright Burton H Lee 2013 11
24. European Government Partners
2013
TheSwedish Governmental Agency
for Innovation Systems
Silicon Valley, CA Silicon Valley, CA Silicon Valley, CA
Stockholm, Sweden Belfast, UK Tallinn, Estonia
Jan 7 2013 Copyright Burton H Lee 2013 24
33. Course Overview and Goals
• Offered Winter 2013 (Year Five)
– Previous years: Winter ‘12, ‘11 & ‘10; Winter/Spring ‘09
• Companion to current Stanford SoE entrepreneurship courses:
– Entrepreneurial Thought Leaders (ETL/STVP)
– Asian High Tech Entrepreneurship (US-Asia Center)
• Connecting Bing Overseas Studies Program (BOSP) students @
European study centers to Silicon Valley|Stanford campus
• Western, Central, Eastern & Nordic Europe
– Iceland to Russia
– Scandinavia to the Mediterranean
Jan 7 2013 Copyright Burton H Lee 2013 33
34. Entrepreneurship in Europe Today
Silicon Valley Style Entrepreneurship European Style Entrepreneurship
• Highly Scalable • Highly Scalable
– Technology, business model – Skype, Spotify, Soundcloud, Rovio
– Equity structure • Traditional SMEs
– Culture – > 20 Mn firms; 92.2 % with < 10
• “Lean” employees (2012)
– Mostly software-based – Food, agriculture, tourism, construction,
real estate, services
• Serial
• Family-based
• Parallel
– German Mittelstand, Italy, France
• Build-to-sell • “Black”
– Black market – Minsk, etc
• “Sustainable”
– Corporate entrepreneurship
• Export-oriented
• One-time entrepreneurship
Jan 7 2013 Copyright Burton H Lee 2013 34
35. The Story of European Entrepreneurship in Europe
Europeans in Silicon Valley
Arts, Culture,
History & Language &
Politics Traditions
Entrepreneurship and
Startups in Europe Today
Europeans in Silicon Valley
Law & Institutions &
Policy Personalities
Jan 7 2013 Copyright Burton H Lee 2013 35
37. Course Requirements
Registered Stanford Students Only
• Weekly Attendance Requirements:
– Students must attend or watch 7 of 8 lectures
– Sign the attendance sheets passed around in class
– One missed lecture may be made up with outside reading –
must be discussed and agreed upon in advance w Instructor
• End-of-Quarter Essay
– Write 2-3 page essay on what you learned, major
differences/similarities between entrepreneurship in Europe and
Silicon Valley
– Questions/Details to be announced later this quarter
Jan 7 2013 Copyright Burton H Lee 2013 37
39. Course Logistics
Location, Time, etc
• Location
– Hewlett 201 Auditorium, Engineering Campus
– 370 Serra Mall, Stanford, CA 94305
– Directions | Maps
• Mondays January 7 – March 11
• 4:15 – 5:30 pm
– Except Holidays
– Martin Luther King Day, Presidents’ Day
– Open to the Public, no pre-registration required
– Website
– me421.stanford.edu
Jan 7 2013 Copyright Burton H Lee 2013 39
40. Online Communities
• Join us Online !!
– LinkedIn (9900+)
– Twitter: @StanfordEuropreneurs
– Facebook Fan page (new)
– Meetup Group (new)
– Google+ Group (new – in progress)
– Pinterest (new – in progress)
– Intended to facilitate student, faculty and professional
networking outside of class
– Open to the Public in Europe and US at no charge
– Students should join at least one of these
Jan 7 2013 Copyright Burton H Lee 2013 40
41. Video-Recording, Photos & Archiving
All Students and Attendees
• Video Recording of Sessions
– Speakers and Audience Q&A (High Definition)
• Online Video Archives
– YouTube channel: “European Innovation @ Stanford”
– See course website for links
– Goal: available within 48 hours of each session
– Selected portions may also appear on Stanford iTunes, STVP’s eCorner and other
Stanford ‘channels’ in the future
• Session Photos
• Selected photos of classroom participants and discussions – speakers, students, others
• Pinterest, Picasa@Google
• Student, Attendee and Speaker Permissions/Release Forms
• Please see Course Instructor or Course Assistant
• Available up front at the beginning and end of each class
• Persons not wishing to appear in videos are requested to sit in areas that are off
camera, and to refrain from speaking or asking questions during class
Jan 7 2013 Copyright Burton H Lee 2013 41
42. Dinners
Limited to Enrolled Students
• Voluntary !!
– Are not counted towards student grade or class performance
• Student Networking with European Speakers
• Space Limitations
• Limit of Maximum of 6 students per dinner
• Limit of 1 dinner per enrolled student
• Student Sign-ups
• Online and in front of classroom
• Cancellation: 24 hours notice to instructor; re-booking not guaranteed
• Many thanks to our Government and Industry Partners for
supporting these dinners
Jan 7 2013 Copyright Burton H Lee 2013 42
43. Teaching Team
• Dr. Burton H Lee PhD MBA
– Lecturer, Mechanical Engineering
– Citizenship: USA
– Ancestry: British, Irish, Welch, Scottish, Dutch
– Burton.Lee@stanford.edu
• Prof. Larry Leifer
– Mechanical Engineering, Design Group
– Director, Center for Design Research (CDR)
• Course Assistant
– TBD
Jan 7 2013 Copyright Burton H Lee 2013 43
44. Today’s Session
Jan 7 2013
Jan 7 2013 Copyright Burton H Lee 2013 44
45. Today’s Session
Jan 7 2013
• Venture Capital Leaders in Portugal and the UK
– Anne Glover
• CEO & Co-Founder, Amadeus Capital Partners
– Cambridge | London, UK
– José da Franca
• Chairman & CEO, Portugal Ventures
– Lisbon, Portugal (PT)
Jan 7 2013 Copyright Burton H Lee 2013 45
46. Today’s Discussion
Jan 7 2013
• Venture Capital Leaders in the UK and Portugal
• Key themes:
– Personal Histories and Journeys – from UK/Portugal to SV
– From executive/engineer/computer scientist/hacker to VC
– Crossing the Pond to Silicon Valley
– Entrepreneurship and innovation ecosystems in UK and PT
– Silicon Valley vs Portugal and UK – what is different?
– Amadeus Capital & Portugal Ventures – lessons learned
Jan 7 2013 Copyright Burton H Lee 2013 46