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Ikhlaq	Sidhu,	content	author
Ikhlaq Sidhu
Founding Faculty Director
Sutardja Center for Entrepreneurship & Technology
Department of Industrial Engineering & Operations Research
IEOR Emerging Area Professor Award
Universities,	New	Ventures,	and	Culture
Denmark	September	2017
Ikhlaq	Sidhu,	content	author
My	Perspective:
Sutardja Center	for	Entrepreneurship	&	Technology
College	of	Engineering,	UC	Berkeley
Approach	Berkeley	Method:	
ØEntrepreneurship
ØInnovation	Leadership
Ikhlaq	Sidhu,	content	author
Our Model Brings Bay Area Executives and Entrepreneurs into the Classroom
1500 Undergraduates
100 Ph.D / Graduate Students
100 Executives
10 Global Partners
Michael Marks, KKR, former CEO, Flextronics
Shomt Ghose, Venture Partner, Onset Ventures
Udi Manber, VP Engineering, Google
Marc Andreesen, Founder, Netscape
Larry Baer, COO, San Francisco Giants
Amine Haoui, CEO, Sensys Networks
Stacey Lawson, Founder In Part, Executive Seibel
Jim Davidson, Managing Director, Silverlake Partners
Donna Dubinsky, Former CEO, Palm
Matt Caspari, co-founder, Aurora Biofuels
Richard Gorman, SVP, Siebel Systems
Mike Olson, founder and CEO, Cloudera
Brodie Keast, EVP, TiVo
David Ladd, Managing Director, Mayfield
Jeff Miller, CEO, Documentum
Eva Miranda, SVP, Sony Corporation
Ravi Mohan, Managing Director, Shasta Ventures
Ted Hoff, Inventor,of the Microprocessor
Nat Goldhaber, Managing Director, Claremont Creek Ventures
Peter Thiel, co-founder and CEO, PayPal
Victoria Hale, founder and CEO, Medicines 360
Steve Newcomb, founder , Powerset (part of Microsoft s BING)
Pehong Cheng, CEO, Broadvision
Ikhlaq	Sidhu,	content	author
LOTS OF
ACTIVITY
CHALLENGE
LAB
GLOBAL
PROFESSORS
NZTV
SELF-DRIVING
COLLIDER
DATA-X CHATBOT COLLIDER SCET IN TAIWAN
JOHN BATTELLE
FOUNDER WIRED
MAGAZINE
NEWS
COVERAGE
Ikhlaq	Sidhu,	content	author
Our	model	has	adapted:	
Business	training	is	not	
the	only	key	element
Our	effectiveness	formula	is:
• Depth	in	an	valued	area
• Entrepreneurial	“behaviors	
and	mindset”
Our	programs	and	projects	
provide	this.
Our model has
adapted: Business
training is not the only
key element
Skill	in	a	Core	Area
Innovation	Behaviors	and	Mindset
“Psychology	of	Innovation”
High Potential
Too Narrow
Street smart, but lacking
depth
Ikhlaq	Sidhu,	content	author
What is happening
at the Sutardja Center (SCET)?
• We are changing education
• Students change the world
• Our lab area enable new industries and new
ways to collaborate
Ikhlaq	Sidhu,	content	author
The Greater Silicon Valley: An Innovation Accelerator
My other perspective is
Silicon Valley
Ikhlaq	Sidhu,	content	author
Silicon Valley – What is it like?
• Approx.	6M	people	
• 400,000+	tech	jobs	(~25%	of	the	work	force)	
• More	millionaires	&	billionaires	per	capita	than	anywhere	else	in	US	and	Europe	
• Thousands	of	experienced	entrepreneurs.
• 50%	of	all	venture	investing	in	the	US
• 2,000+	angel	investors,	29	of	the	100	largest	US	companies	have	HQ	in	SV	
• Decisions	are	made	at	lightning	speed
• Follow	up	in	hours,	not	days	or	weeks	
Data	from	USMAC
Ikhlaq	Sidhu,	content	author
Demystify	the	Venture	Creation	Process
Ikhlaq	Sidhu,	content	author
Universities	and	Industry	Misconception
Universities
Smartest	
People
New	Ventures
Technology
Message	1:	A	Misconception
Ikhlaq	Sidhu,	content	author
Universities	and	Industry
Smartest	
People
New	Ventures
Technology
This	is	misconception
Universities
Ikhlaq	Sidhu,	content	author
Universities	and	Industry
Universities:
Stanford
Berkeley
Smartest	
People
World	
Brain	Drain
Large	Firms
New	Ventures
Create
Grow
Skilled
Employees
Ikhlaq	Sidhu,	content	author
Universities	and	Industry
Universities:
Stanford
Berkeley
Smartest	
People
World	
Brain	Drain
Large	Firms
New	Ventures
Create
Grow
Skilled
Employees
Ikhlaq	Sidhu,	content	author
A	Critical	Factor
Ikhlaq	Sidhu,	content	author
• San	Diego• Chicago
Two	Cities	in	USA
Message	2:	(Innovation)	Culture	Matters
Ikhlaq	Sidhu,	content	author
Components	of	Any	Industry	Cluster	or	Ecosystem
Government
Policy
People with Skills
Venture Capital /
Private Equity
Entrepreneurs Support
System
Universities
Industry
Base or
Cluster
Ikhlaq	Sidhu,	content	author
Components	of	Any	Industry	Cluster	or	Ecosystem
Government
Policy
People with Skills
Venture Capital /
Private Equity
Entrepreneurs Support
System
Universities
Industry
Base or
Cluster
Hidden
Essential
Ingredient
Ikhlaq	Sidhu,	content	author
Components	of	Any	Industry	Cluster	or	Ecosystem
Government
Policy
People with Skills
Venture Capital /
Private Equity
Entrepreneurs Support
System
Universities
Industry
Base or
Cluster
Hidden
Essential
Ingredient
Innovation Culture
& Mindset
Ikhlaq	Sidhu,	content	author
Message	3:
Teach	both:
skills	for	innovation
culture	for	innovation	(behavior	and	mindset)
What	Can	a	University	Contribute
Ikhlaq	Sidhu,	content	author
Advice	for	Researchers
Ikhlaq	Sidhu,	content	author
Research	based	Entrepreneurs	Tend	to	Watch	the	Trends
Design		
Of	Today
5	years
Density	of	memory
Speed	of	computing
Cost	of	bandwidth
Research	
Project	Proposal	
Today
Ikhlaq	Sidhu,	content	author
Misconception
Work	in	Lab	for	
5	years
Show	World
They	Love	it
And	adopt	it
Ikhlaq	Sidhu,	content	author
Misconception
Work	in	Lab	for	
5	years
Show	World
They	Love	it
And	adopt	it
Instead:
Invite	World	
(Industry)	to	
collaborate	with	
you
Let	them	tell	
you	where	the	
industry	will	be	
in	5	years
Intersect	with	
their	roadmap	
in	2-3	years
They	Love	it
And	adopt	it
Ikhlaq	Sidhu,	content	author
Contact:
Ikhlaq	Sidhu
Faculty	Director,	Sutardja Center	for	Entrepreneurship	&	Technology
IEOR	Emerging	Area	Professor,	UC	Berkeley
sidhu@berkeley.edu
scet.berkeley.edu

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