Description
This particular file examines entrepreneurship and innovation annual report 2013.
ENTREPRENEURSHIP & INNOVATION
ANNUAL REPORT 2013
ENTREPRENEURSHIP & INNOVATION
ANNUAL REPORT 2013
THE UNIVERSITY OF SYDNEY
BUSINESS SCHOOL
2
SECTION
HEADER
CONTENTS
DIRECTOR’S REPORT FOR 2013
ENTREPRENEURSHIP AND
INNOVATION (E&I) PROGRAM
RESEARCH
06 Research group
07 Academic publications,
conferences and seminars
11 Research projects
15 Visiting scholars and
research students
EDUCATION
16 Education award
22 Education ventures
29 Student-led ventures
NETWORKS & SUPPORTERS
30 Program networks - EDNA
31 Program supporters
PROGRAM FINANCES & IMPACT
32 Financial statements
34 Impact
FUTURE PLANS OF THE PROGRAM
36 Future plans and challenges
38 Get involved
PROGRAM CORE TEAM
40 Faculty
44 Professional staf
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DIRECTOR’S REPORT 2013
Opposite: Bourke NSW - Carbon Farming Project
Growing and developing this portfolio of initiatives continues
to be an exciting challenge for our team. Megan Donnelley,
sadly for us, left to pursue her personal interests in start-ups.
Megan was responsible for the initial growth in our RARE
initiative, and will be replaced by Noah Stewart who takes
responsibility for our RARE Education Program. Also joining
the team is Cayetana Martinez who will build on Julia Kang’s
excellent part-time work for Genesis, and Jacqui Gilligan
who leads our RARE research program in remote Australia.
Assisting the full-time team have been Linh Nguyen, Melanie
Feeney, Yen Tran, and Jarrod Ormiston. This team works
closely with faculty members Professor Sid Gray, Professor
Hans Hendrischke, Dr Massimo Garbuio and members of our
EIRG and sessional staf.
Special thanks must be given to President Daw Wah
Wah Htun, Founder Daw Yi Yi Myint, and members of
the Education Committee of the Myanmar Women
Entrepreneur’s Association for their collaborations with
mentoring projects. Thanks to Daw Kyi Kyi Nyein who drove
the launch of our multi-million dollar initiative Grass-roots
Entrepreneurship Education and Pro-Poor Enterprise
Development project in Myanmar. Also, we are grateful for
the initiatives driven by academic members of EDNA in
China, India, Indonesia and Vietnam, and to the participants
in our Indigenous Business Leaders series.
We also are grateful for our wider teams of supporters,
whether from within the University or external to the
institution. Of particular note is the fnancial support received
from NSW Aboriginal Land Council, Social Enterprise Finance
Australia (SEFA), The Thyne Reid Foundation, Vincent
Fairfax Family Foundation, Livelihoods and Food Security
Trust Fund (LIFT), the Asian Islamic Development Bank, the
Department of Families, Housing, Community Services and
Indigenous Afairs (FaHCSIA), the Australian Agency for
International Development (AusAID), and our multiple
private donors.
This Annual Report sets out our mission and objectives,
reviews the education and research initiatives and impacts,
and introduces our core team. It also sets out some of our
planned activities for 2014.
We are strengthened by our successes and our supporters,
and look forward to continuing to catalyse communities of
learning in Sydney, Australia and South East Asia.
DR RICHARD SEYMOUR
Program Director, Entrepreneurship & Innovation
There is near universal recognition of the importance of
creativity, innovation and entrepreneurship for ensuring the
growth of a dynamic modern economy. Similarly, there is
growing understanding that Australia’s commercial success
will require highly innovative frms and institutions to develop
collaborative relationships with others in the region.
Our E&I Program is focused on creativity, innovation
and entrepreneurship, with particular interest in the
entrepreneurial search for value and growth through
the identifcation and exploitation of new products, new
processes and new markets.
In 2013 our core activities have grown in scope, scale
and geography. Refecting this we have consolidated our
reporting to give a more comprehensive and integrated
picture of our activity as:
RESEARCH
These initiatives seek to understand entrepreneurial activity
and its impact, and to create stronger entrepreneurial
communities. We report the work of our Entrepreneurship
& Innovation Research Group (EIRG) (which facilitates
and assists researchers though a network of scholars
and institutions), associated publications, conferences
and workshops, and key research projects. Highlights
include the growing quality and number of publications and
presentations delivered by members of the EIRG, and the
visitors from Indonesia, Vietnam, Myanmar and the region.
The scale of research projects (and associated funding)
has grown signifcantly in 2013.
EDUCATION
These initiatives include our University undergraduate
and postgraduate programs, as well as the master classes
we ofer across Australia and Asia. Highlights include the
success of the module taught in partnership with The Indian
Institute of Management, Bangalore (IIMB) which sits
within the top-ranked Global Executive MBA; the third year
of engagement with the City of Broken Hill in partnership
with Professor Michael Tawa’s students from the Faculty of
Architecture, Design and Planning; the awarded sessional
teaching undertaken by our growing team of educators; the
continued success of our Remote & Rural Enterprise (RARE)
Program and Genesis entrepreneurship competition; and,
fnally, record funding for our international activities through
our Entrepreneurship Development Network Asia (EDNA).
4
Since 2006, the E&I Program has been focused on
identifying, nurturing and strengthening entrepreneurial
communities of learning and practice. Our Program is
one of the longest running and largest in Australia, widely
recognised and respected across the region. Today, the
Business School and the University continue to generously
support our work, including signifcant contributions to our
operating and program costs.
PROGRAM MISSION & OBJECTIVES
Our E&I Program is focussing on creativity, innovation
and entrepreneurship, with particular focus on the
entrepreneurial search for value and growth through
the identifcation and exploitation of new products, new
processes and new markets.
Our mission and objectives guide our strategy, with key
geographies being the communities bordering The University
of Sydney, the remote and rural communities of Australia,
and the communities surrounding our partner institutions in
South East Asia.
RESEARCH & EDUCATION
In 2013, we reorganised our activities to clarify our
integrated Entrepreneurship and Innovation program. This
reorganisation recognised that our fundamental activities
are related to research and education. This addressed
two criticisms of our previous structure: frstly, that our
education activities were not highlighted; and secondly, that
our activities previously reported as ‘ventures’ are the glue
holding together our research and education initiatives.
As the key words – build and sustain, inspire, develop, share
and encourage – in our mission and objectives indicate,
our role as an education organisation allows us to create
and share value diferently to other stakeholders in the
entrepreneurial community.
E&I Research includes the work of our E&I Research Group
(which facilitates and assists researchers though a network
of scholars and institutions), associated publications,
conferences and workshops, and sets out key research
initiatives. Research initiatives are focused on understanding
entrepreneurial activity and its impacts, as well as creating
stronger entrepreneurial communities through research
and education.
E&I Education includes both our award-teaching within the
University, as well as the master classes we ofer across
Australia and Asia. We are seeking to link these teaching and
learning initiatives with our research (and vice versa), and
our engaged ventures are a major part of that link. These
engaged ventures include Remote & Rural Enterprise
(RARE) research and student projects, Genesis
entrepreneurship competitions for students, and our
Entrepreneurship Development Network Asia (EDNA)
research and education projects.
THE PROGRAM
ENTREPRENEURSHIP & INNOVATION PROGRAM MISSION & OBJECTIVES
MISSION To build and sustain a leading learning community in entrepreneurship and innovation education
in Australia and its region.
OBJECTIVES 1. Inspire and educate
entrepreneurial leaders.
2. Develop respected
and infuential
entrepreneurship research
projects and initiatives.
3. Share and showcase
entrepreneurship
research and experience.
4. Encourage
entrepreneurial and
engaged communities
of learning.
5
There are many defnitions of ‘entrepreneur’ and
‘entrepreneurship’. Our E&I Program is built around
the understandings implicit in the OECD-Eurostat
Entrepreneurship Indicators Programme’s defnitions:
“Entrepreneurs are those persons (business owners) who
seek to generate value, through the creation or expansion
of economic activity, by identifying and exploiting new
products, processes or markets.”
“Entrepreneurial activity is the enterprising human action
in pursuit of the generation of value, through the creation
or expansion of economic activity, by identifying and
exploiting new products, processes or markets.”
AHMAD & SEYMOUR 2012
These defnitions are important, as they:
– Diferentiate entrepreneurial activity from ‘ordinary’
business activity, with an emphasis on newness:new
products, new processes and/or new markets
(hence the strong link to innovation).
– Indicate corporations and other businesses can be
entrepreneurial though only people in control and
owning organisations can be considered entrepreneurs
(hence the strong link to corporate venturing and
entrepreneurial leadership).
– Emphasise entrepreneurial action is manifested rather
than planned or intended (hence the strong emphasis
on learning by doing, whether that be our award
programs or engaged activities rather than isolated
planning and case studies).
– Do not equate activity with the formation of any
particular corporate vehicle (hence the commercial
and social entrepreneurship studies: commercial
entrepreneurial activity can harness vehicles such
as corporations, partnerships and sole traders, as
can social entrepreneurship, which may also utilise
not-for-proft vehicles).
– Incorporate economic, social and cultural value creation,
even though they occur in the context of business
activity (hence the broad contextual foci including the
creative industries, social entrepreneurship, as well as
commercial enterprise - business leaders are seeking
to learn in, not be isolated from, these diferent
settings and missions).
Sydney Genesis, Finalist Pitch
Broken Hill NSW, Rare Program Winter School project
6
ENTREPRENEURSHIP & INNOVATION
RESEARCH GROUP (EIRG)
The EIRG is a cross-disciplinary team of researchers that
focuses on business innovation and entrepreneurial ventures
and people. Members concentrate on entrepreneurship and
innovation and how they manifest in the context of new
markets, new products, and new business processes.
The EIRG recognises that the process of identifying and
exploiting new opportunities requires a number of participants
including creative individuals, entrepreneurs, businesses,
investors, educators and government agencies. The EIRG aims
to be the conduit to help members engage deeply with the
entrepreneurial community. The Research Group has as its
objectives to:
– Facilitate research into innovation and entrepreneurship
though the creation and support of a network of scholars
and institutions, and publishing the results of this research.
– Disseminate research among scholars, students and the
wider community.
This section introduces the core activities and outputs of our E&I Research initiatives.
Research activity is driven to advance knowledge, and is predominantly shared in
academic journals and conferences. Additionally, some of our research is undertaken as
‘action research’ in which the researcher is an active participant meeting the needs of
industry, entrepreneurs and other members of the community.
RESEARCH
EIRG MEMBERS
Shanie Atkinson Prof Ron Johnston Prof Alan Randall Jefrey Tobias
Prof Marian Baird Assoc Prof Olivera Marjanovic Heather Robson Dr Russell Toth
Prof Donnel Briley Assoc Prof Robin McConchie Dr Jim Rooney Dr Ranjit Voola
Assoc Prof Marylouise Caldwell Dr Jordi McKenzie Dr Maria Rumyantseva Assoc Prof Catherine Welch
Anne Dickson Prof Bruce McKern Dr Fanny Salignac Prof Chris Wright
Dr Massimo Garbuio Linh Nguyen Joe Seisdedos Dr Zhan Wu
Prof Sid Gray (Co-Director) Jarrod Ormiston Dr Sandra Seno-Alday Dr Gracy (JY) Yang
Prof Hans Hendrischke Prof Greg Patmore Dr Richard Seymour (Co-Director)
Assoc Prof Paul Henry Dr Leanne Piggott Andrew Stead
– Support, through research, the teaching and outreach
activities of the University across the region.
– Assist members securing research grants and funding.
Our members include scholars and practitioners from across
the University including the Business School, Faculty of
Engineering and IT, the Faculty of Architecture, Design and
Planning, and the Faculty of Agriculture and Environment.
Also, we involve those from outside the University.
Our EIRG was recently renamed to sit with our
overall program branding. Professor Sid Gray and
Dr Richard Seymour have led the Group since its
inception in 2007.
The Group plans to meet quarterly in 2014 to develop
collaborative projects.
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JOURNAL ARTICLES
Connell, J. and Voola, R. (2013),
Knowledge Integration and
Competitiveness: A longitudinal study
of an industry cluster, Journal of
Knowledge Management, vol. 17, no. 2,
pp. 208-25.
Dumay, J., Rooney, J. and Marini, L.
(2013), An Intellectual Capital-based
Diferentiation Theory of Innovation
Practice, Journal of Intellectual Capital,
vol. 14, no. 4, pp. 608-33.
Hewerdine, L. and Welch, C. (2013),
Are International New Ventures Really
New? A process study of organizational
emergence and internationalization,
Journal of World Business, vol. 48, no.
4, pp. 466-77.
Kang, H., Leung, S., Morris, R. and Gray,
S. J. (2013), Corporate Governance and
Earnings Management: An Australian
perspective, Corporate Ownership &
Control, vol. 10, no. 3, pp. 95-113.
Krug, B. and Hendrischke, H. (2013
forthcoming), China’s Institutional
Architecture: A new institutional
economics and organization theory
perspective on the links between local
governance and local enterprises, Asia
Pacifc Journal of Management.
Kumar, V., Mudambi, R. and Gray, S. J.
(2013), Internationalization, Innovation
and Institutions: The 3 I’s Underpinning
the Competitiveness of Emerging
Market Firms, Journal of International
Management, vol. 19, no. 3, pp. 203-6.
Marjanovic, O. and Roztocki, N. (2013),
Creativity, Coordination and Knowledge
Co-Creation on a Global Scale - The
Process Perspective, Journal of
International Technology
and Information Management,
vol. 22, no. 1, pp. 43-63.
Nyberg, D., Spicer, A. and Wright,
C. (2013), Incorporating Citizens:
corporate political engagement
with climate change in Australia,
Organisation, vol. 20, no. 3, pp. 433-53.
O’Mahoney, J., Heusinkveld, S. and
Wright, C. (2013), Commodifying
the Commodifers: The impact
of procurement on management
knowledge, Journal of Management
Studies, vol. 50, no. 2, pp. 204-35.
Rooney, J. (2013), Alternative
Representation of Management Control
Design: An empirical exploration
and critical analysis, Australasian
Accounting Business and Finance
Journal, vol. 7, no. 4, pp. 81-96.
Rooney, J. and Cuganesan, S. (2013),
The Control Dynamics of Outsourcing
Involving an Early-Stage Firm,
Accounting and Business Research, vol.
43, no. 5, pp. 506-29.
Toth, R. (2013), Dissertation Abstract:
The Dynamics of Entrepreneurial
Human Capital, Bulletin of Indonesian
Economic Studies, vol. 49, no. 1,
pp. 115-116.
Toth, R. (2013), Do Community-
sanctioned Social Pressures Constrain
Microenterprise Growth? Evidence
from a framed feld experiment,
Journal of the Japanese and
International Economies.
Toth, R. (2013), Review of:
‘MoneyLenders to Microfnance:
Southeast Asia’s credit revolution in
institutional, economic and cultural
perspective’, Bulletin of Indonesia
Economic Studies, vol. 49, no. 1,
pp. 123-124.
Wright, C. and Gliding, P. (2013),
Imagining the Climate Crisis and the
Great Disruption: An interview with Paul
Gilding, Organization, vol. 20, no. 5,
pp. 757-66.
Wright, C. and Mann, M. (2013), Future
Imaginings and the Battle over Climate
Science: An interview with Michael
Mann, Organization, vol. 20, no. 5,
pp. 748-56.
Wright, C., Nyberg, D., De Cock, C. and
Whiteman, G. (2013), Commentary:
Voices from the Front Lines of the
Climate Wars, Organization, vol. 20,
no. 5, pp. 743-4.
Wright, C., Nyberg, D., De Cock, C.
and Whiteman, G. (2013), Future
Imaginings: Organizing in response to
climate change, Organization, vol. 20,
no. 5, pp. 647-58.
Zhan, W. and Chen, R. (2013), Dynamic
Capability and IJV Performance: The
efect of exploitation and exploration
capabilities, Asia Pacifc Journal of
Management, vol. 30, no. 2, pp. 601-32.
BOOKS & BOOK CHAPTERS
Hendrischke, H. (2013),
‘Institutional Determinants of the
Political Consciousness of Private
Entrepreneurs’ in Middle Class China:
Identity and Behaviour, ed. Minglu
Chen & David S G Goodman, Edward
Elgar Publishing, Cheltenham, United
Kingdom, pp. 135-48.
Marjanovic, O. (2013), ‘Organizational
Design of Innovative Education –
Insights from a Combined Design and
Action Research Project’ in Design
Science at the Intersection of Physical
and Virtual Design: 8th International
Conference, DESRIST 2013, Helsinki,
ACADEMIC PUBLICATIONS, CONFERENCES & SEMINARS
Relevant research outputs published by members
of the EIRG are set out below according to type of
publication or conference.
8
Finland, June 2013 - Proceedings, ed.
Jan vom Brocke, Riitta Hekkala, Sudha
Ram & Matti Rossi, Springer-Verlag,
Berlin, Germany, pp. 212-27.
Ormiston, J. and Seymour, R. G. (2013),
‘Measuring Performance in Social
Entrepreneurship: Are Mission, Strategy
and Measurement Aligned?’ in Social
Entrepreneurship: How Business Can
Transform Society- Volume 3, ed.
T. Lyons, Praeger/ABC-CLIO, Santa
Barbara, United States, pp. 63-79.
REPORTS
Charlton, K., Donald, S., Ormiston, J.
and Seymour, R. G. (2013), ‘Impact
Investments: Perspective for Australian
Superannuation Funds’, University of
Sydney, Australia.
Hendrischke, H. and Ferguson,
D. (2013), ‘Demystifying Chinese
Investment in Australia: Update - March
2013’, Report to KPMG, Australia.
CONFERENCES
Balnave, N., Hallikainen, P., Marjanovic,
O. and Patmore, G. (2013), ‘Social
Media Use in Australian Co-operatives:
Current Applications and Future
Opportunities’, Australia-Italy
Comparative Co-operative Symposium,
University of Sydney, Australia, 26 July.
Dickson, A. ‘Do Companies Rated as
Leaders in Environmental Reporting
have Lower Greenhouse Gas
Emissions?’, Working paper presented
to CES Summer School – July 20101,
Coimbra, Portugal.
Dow, D., Liesch, P., Welch, C. and
Welch, L. (2013), ‘Resistance to Change
of State in the Internationalisation
Process Model’, Australia and New
Zealand International Business Academy
ANZIBA Conference 2013 – New
Insights into Operating Across Borders:
From Traditional to Emerging Markets,
Sydney, Australia, 18 - 20 April.
Garbuio, M., Mascia, D. and Morandi,
F. (2013), ‘The Source-dependence
Efect of the Information: When
better decision-making comes from
unscheduled group meetings’, XIV
Workshop dei Docenti e dei Ricercatori
di Organizzazione Aziendale WOA 2013
– Organizing in turbulent times: the
challenges ahead, Rome, Italy,
30 - 31 May.
Gray, S. J. and Takchi, C. (2013),
‘Experiential Knowledge and the
Internationalisation Process: The
Case of the Australia and New
Zealand Banking Group’, Academy of
International Business Annual Meeting
AIB 2013 – ridging the Divide: Linking
IB to Complementary Disciplines and
Practice, Istanbul, Turkey, 3 - 6 July.
Hendrischke, H. and Li, W. (2013),
‘Chinese Outbound Direct Investment
In Australia – Characteristics and
Integration’, 7th China Goes Global
Conference, Bremen, Germany,
25 - 27 September.
Henry, P. and Caldwell, M. (2013),
‘Neoliberalism and Structural Violence
in Developing Countries: The case of
the Cambodian education market’,
Proceedings of the 38th Annual
Macromarketing Conference, Toronto,
Canada, 4 - 7 June.
Hewerdine, L., Rumyantseva, M. and
Welch, C. (2013), ‘Does Speed Matter?
The Internationalisation of High-Tech
SMEs Reconsidered’, Academy of
International Business Annual Meeting
AIB 2013 – Bridging the Divide: Linking
IB to Complementary Disciplines and
Practice, Istanbul, Turkey, 3 - 6 July.
Keethipala, C., Voola, R. and Amirafr,
S. (2013), ‘Social justice as an
Ethical Framework for the Base
of the Pyramid’, Social Business is
Good Business Conference, Anadolu
University, Turkey, 30 - 31 May.
Kriz, A., Welch, C. and Voola, R.
(2013), ‘Dynamic Capabilities and
Internationally-active High-tech
SMEs: A critique and proposed future
research agenda’, Australia and New
Zealand International Business Academy
ANZIBA Conference 2013 – New
Insights into Operating Across Borders:
From Traditional to Emerging Markets,
Sydney, Australia, 18 - 20 April.
Krug, B. and Hendrischke, H. (2013),
‘Market Design in Chinese Market
Places’, 25th Annual Conference of
the Society for the Advancement of
Socio-Economics SASE 2013 – States
In Crisis, Milan, Italy, 27 - 29 June.
Marjanovic, O. (2013), ‘Organisational
Design of Innovative Education –
Insights from a Combined Design and
Action Research Project’, Proceedings
of the 8th International Conference on
Design Science Research in Information
Systems and Technology DESRIST 2013
- Design Science at the Intersection of
Physical and Virtual Design, Helsinki,
Finland, 11 - 12 June.
Marjanovic, O. (2013), ‘Sharing and
Reuse of Innovative Teaching Practices
in Emerging Business Analytics
Discipline’, Proceedings of the 46th
Hawaii International Conference on
System Sciences HICSS-46 2013,
Wailea, Hawaii, United States,
7 - 10 January.
Marjanovic, O. and Roztocki, N. (2013)
‘The Current Research Landscape
of Crowdsourcing: Implications for
Emerging Economies’, Proceedings
of the 2nd International Conference
on ICT Management for Global
Competitiveness and Economic Growth
in Emerging Economies ICTM 2013,
Wroclaw, Poland, 16 - 17 September.
Murthy, V. and Marjanovic, O. (2013)
‘Understanding a Transformation
Process from Product-centric
to Customer-centric Services in
a Financial Institution – A Work
System Perspective’, 3rd Australasian
Symposium on Service Research
and Innovation ASSRI 2013, Sydney,
Australia, 27 - 29 November.
Mutlu, C., Zhan, W. and Peng, M.
(2013) ‘Competing In (and out of)
Transition Economies’, Academy of
International Business Annual Meeting
AIB 2013 – Bridging the Divide: Linking
IB to Complementary Disciplines and
Practice, Istanbul, Turkey, 3 - 6 July.
Ormiston, J. (2013), ‘Assessing Impact
and Performance in Social Investment:
An approach to facilitating cross-
sector collaboration’, 2013 Research
Colloquium on Social Entrepreneurship,
Oxford, United Kingdom, 22 - 25 July.
Ormiston, J. and Seymour, R. (2013),
‘Managing Multi-sector Collaboration in
Social Investment: The afect of diverse
approaches to impact assessment’,
9
4th EMES International Research
Conference on Social Enterprise, Liege,
Belgium, 1 - 4 July.
Ormiston, J. and Seymour, R. (2013),
‘The Emergence of Social Investment
as a ‘Moral System of Exchange’:
The Australian experience’, 4th EMES
International Research Conference on
Social Enterprise, Liege, Belgium,
1 - 4 July.
Rooney, J. (2013), ‘Prosocial Behaviour
and the Mitigation of Risk: An
exploration of individual calculation and
decision-making judgment’, 36th Annual
Congress of the European Accounting
Association EAA 2013, Paris, France,
6 - 8 May.
Salignac, F., Seymour, R. G. and Khan,
A. (2013), ‘A Systems Approach
to Addressing Financial Exclusion:
Australian Case Studies’, 3rd Annual
Australasian Business Ethics Network
(ABEN) Conference - “Managing Ethics
on the Edge”, Hobart, Australia,
2 - 3 December.
Seno-Alday, S. (2013), ‘Capturing
Location Information in a Measure of
Internationalisation’, 27th Australian and
New Zealand Academy of Management
Conference ANZAM 2013 - Managing
on the Edge, Hobart, Australia,
4 - 6 December.
Seno-Alday, S. (2013), ‘Measuring
Market-Seeking Internationalization and
its Impact’, 39th European International
Business Academy EIBA Annual
Conference, Bremen, Germany,
12 - 14 December.
Seymour, R. G. and Ormiston, J.
(2013), ‘Understanding Uncertainty,
Risk and Loss in the Context of Social
Entrepreneurship: Exploring how
hermeneutic phenomenology could
advance social entrepreneurship
research’, ICRODSC Workshop on Risk,
Melbourne, Australia, 5 - 6 December.
Seymour, R. G., Dickson, A. and
Ormiston, J. (2013), ‘Workshop:
How to measure a social enterprise’s
impact’, Measuring Social Outcomes
Conference, Sydney, Australia,
13 - 14 February.
Seymour, R. G., Ormiston, J. and
Dickson, A. (2013), ‘Exploring the
Relationships between Social Impact
Assessment, Strategy, Practitioners,
and Praxis’, 25th Annual Conference
of the Society for the Advancement of
Socio-Economics SASE 2013 – States
In Crisis, Milan, Italy, 27 - 29 June.
Seymour, R., Bar-Ziv, M., Ormiston,
J. and Quin, J. (2013), ‘Using the
StrategicFrame to Understand,
Measure and Report the Impact of
Remote and Indigenous enterprise’,
Australasian Evaluation Society 2013
International Conference – Evaluation
Shaping a Better Future, Brisbane,
Australia, 4 - 6 September.
Sridharan, S., Voola, R., Voola, A. and
Shah, A. (2013), ‘Food Freedom and
Food Well-being in Poverty: Towards
a Transformative Consumer Research
Perspective’, Australia New Zealand
Marketing Academy Conference 2013,
Auckland, New Zealand, 1 - 4 December.
Styles, C. and Voola, R. (2013),
‘International Entrepreneurial Culture,
Business Adoption and International
Performance: Qualitative fndings’,
Australia New Zealand Marketing
Academy Conference 2013, Auckland,
New Zealand, 1 - 4 December.
Wright, C. and Nyberg, D. (2013),
‘Creative Self-destruction and the
Political Myths of Corporate Responses
to Climate Change’, 29th European
Group for Organisational Studies
Colloquium EGOS 2013 - “Bridging
Continents, Cultures and Worldviews”,
Montreal, Canada, 4 - 6 July.
Yang, J. Y. and Ketencioglu, E. (2013),
‘The Impact of Market Dynamism on
Exploitative and Competitive Capital
Allocation: A dynamic capability
perspective’, 27th Australian and New
Zealand Academy of Management
Conference ANZAM 2013 – Managing
on the Edge, Hobart, Australia,
4 - 6 December.
Eden NSW, Bundian Way project
Bourke NSW, BioEnergy Carbon Farming project
10
RESEARCH SEMINARS
Our workshop programs for 2013 were
focused on entrepreneurship in the
creative and social contexts.
Vivid Festival of Light Music and Ideas
Sydney, May 2013
As part of the Vivid Sydney festival, we ran a workshop on
measuring impact in the creative industries. The workshop
focused on how creative enterprises can understand,
measure and report the diferent ‘types’ of value they
generate and exchange. Presented by Dr Richard Seymour,
Anne Dickson and Jarrod Ormiston, the workshop was
attended by leaders from the creative industries, the social
sector, government representatives, impact analysts,
academics and students.
The event provided an overview of our StrategicFrame
approach to understanding, measuring and reporting impact.
Engaging with the StrategicFrame provided a framework for
creative enterprises to conceptualise, report and improve the
value they deliver.
The workshop included a panel discussion with Siena
Balakrishnan of Milk Crate Theatre and Robyn Ayres of Arts
Law, the leaders of two enterprises that have utilised our
approach to measuring impact.
How to measure a social enterprise’s impact
Sydney, February 2013
In February, we held a workshop at the Measuring Social
Outcomes Conference in Sydney. The workshop was
presented by Dr Richard Seymour, Jarrod Ormiston and Anne
Dickson and attended by leaders from government, charities,
and social enterprises across Australia.
The workshop explored our StrategicFrame approach to
measuring and developing a social enterprise’s impact.
Participants were presented with practical insights on
how to integrate the StrategicFrame into their organisations’
measurement activities. Discussion focused on the
complexities of impact measurement and the tensions
arising from engaging with multiple users, audiences,
purposes and expectations. The workshop provided
attendees with an approach to impact measurement that
moved away from a linear (inputs to outputs) focus, to a
dynamic learning approach to support better management
and strategy and ensure mission driven outcomes are having
a distinctive impact.
Social Enterprise in Australia
Hanoi, Vietnam, November 2013
In November 2013, the E&I Program led a workshop in
collaboration with the University of Economics & Business,
Vietnam National University in Hanoi, entitled ‘Social
enterprise in Australia’. The workshop was attended by social
entrepreneurs, social investors, government representatives,
academics and students.
This workshop explored the Entrepreneurship & Innovation
Program, EDNA, social enterprise models in Australia,
social fnance and social beneft bonds. The workshop
was instrumental in setting up new collaborations with
Vietnamese social enterprises that will be piloted in 2014.
Also during this visit, Jarrod Ormiston conducted a public
lecture on ‘Redefning business’ at the Vietnam Women’s
Academy, a public university in Hanoi, Vietnam. First year
students from business administration and social work
attended the interactive lecture to learn about social
entrepreneurship and the Entrepreneurship and Innovation
Program in Sydney.
Vivid Sydney, Impact Measurement Workshop
11
RESEARCH PROJECTS
UNDERSTANDING ENTREPRENEURIAL ACTIVITY
This research stream is focused on understanding what
entrepreneurial activity is, where it occurs, and how to
better identify and study the activity.
OECD-Eurostat Entrepreneurship Indicators
Programme (EIP) project
The OECD-Eurostat Entrepreneurship Indicators
Programme (EIP) develops policy-relevant and
internationally-comparable indicators, based on an
analytical model and measurement infrastructure
that allow gathering comparable data.
The EIP continues to develop its publications and
engagements. The OECD Entrepreneurship Indicators
Steering Group (EISG), represented by Richard Seymour,
brings together entrepreneurship policy experts and those
responsible for producing the pertinent data in national
Statistics ofces.
In 2013, under the direction of the EISG, the latest
publication of Entrepreneurship at a Glance was
released, further adding to the signifcant list of
publications and reports.
Informal Economies
In the context of informal, or unincorporated, enterprises,
our challenge is to understand how entrepreneurs identify
opportunities, develop enterprises and create and capture
value. The majority of this work is undertaken in the
form of case studies (with a forthcoming publication of
Entrepreneurial Women in Asia documenting many of these
ventures), but also under the umbrella of a massive research
project linked to our education program in the region.
Over the next three years we will be collecting data from
over 10,000 entrepreneurs and hundreds of mentors
in Myanmar. The resulting intelligence will deepen our
understanding of the unincorporated sector and inform
other research and education programs across the region.
The local implementation of the education program is lead
by EDNA Myanmar Co Ltd. Daw Kyi Kyi Nyein is leading
scores of employees managing operations, education, and
program improvement.
UNDERSTANDING IMPACT
OF ENTREPRENEURIAL ACTIVITY
The second stream of research focuses on understanding
the impact of entrepreneurial activity. This impact could be
in the form of the social, economic, cultural or environmental
value created (or destroyed) by enterprises, the outcomes
of the focussed activity of impact investing, and enterprise
value creation in remote Australia.
StrategicFrame
Our research and endeavour focusing on the development
and reporting of social enterprise and the measurement
of impact of entrepreneurial activity continued to deepen
and broaden during 2013 with our ongoing utilisation
and development of the StrategicFrame impact
measurement framework.
Our research has shown that measurement frameworks
often ignore the perspectives of entrepreneurs, clients,
benefciaries or participants, and end up presenting
incomplete, condescending or objectifying data. They often
aim to assist employees as an important management
tool but end up being an onerous and restrictive reporting
regime. They typically promise supporters or funders
transparency and rich information but end up being
comparative lists and rankings.
We have enhanced our understanding of how the
StrategicFrame can be used as a powerful organising
framework, bringing the locus of understanding and
measurement back to the enterprise and its benefciaries.
It explicitly privileges understanding and recognises the
enterprise mission and the situation in which the enterprise
operates (i.e. the benefciaries and what needs to change);
it can include subjective as well as objective indicators of
activity and performance, considering value in broader terms
than pecuniary equivalents and processes of reduction; and
signifcantly, it requires managers to refect and adjust their
enterprise over time.
We continue to lead research and outreach activities to
develop and refne this practical framework, and have
utilised the StrategicFrame in a variety of organisations
across multiple sectors during the year (e.g. healthcare,
government, community services, community arts). This
has allowed us to refne both our theory and practice whilst
building capacity and understanding, growing our network,
and assisting social enterprises to understand their impact
through a holistic, enterprise-lead approach.
12
Impact Investing
As part of our research agenda focused on investing
in entrepreneurs, we engaged in a study on impact
investing - investments made with the intention of
generating measurable social and environmental impacts
alongside a fnancial returns. The research explored how
impact investments could be added to the investment
portfolios of a range of Australian investors including
institutional investors, charitable foundations and high
net worth individuals.
A major initiative was led by Kylie Charlton from Unitus
Capital in conjunction with Scott Donald from Herbert
Smith Freehills and Jarrod Ormiston and Richard Seymour
from the Entrepreneurship and Innovation Program.
The frst report Impact Investments: Perspectives
for Australian Superannuation Funds was released in
October 2013 and included international case studies
on impact investing with insights from Christian Super,
Investing4Growth, J.P. Morgan, PGGM and TIAA-CREF.
The second report focused on impact investing for
charitable trusts and foundations will be released in
March 2014, with various dissemination activities
planned for the frst half of 2014.
The research was jointly funded by The Ian Potter
Foundation, The University of Sydney Business School,
Macquarie Funds Group, Macquarie Group Foundation,
Herbert Smith Freehills, and Evans & Partners.
Enterprise Value Creation in Remote Australia
In 2013, we completed Stage 1 of our collaborative
research project entitled ‘Enterprise Value Creation in
Remote Australia’, delivered in partnership with the
Desert Peoples Centre (DPC) and funded by the
Northern Territory Government.
The project focused on increasing our understanding
of value creation and impact (social, economic, cultural
and natural) of remote enterprises by accessing
multiple perspectives.
The enterprises we engaged with included:
– Western Desert Dialysis Nganampa Walytja Palyantjaku
(renal dialysis health care service)
– Tangentyere Design (architectural practice)
– CAT FAB (metal fabrication start-up)
– Desert Garden Produce (bush food horticulturalists)
– Arid Lands Environment Centre (environmental services)
– Waltja Tjutangku Palyapayi (social services).
Our fndings from our initial engagements with these
enterprises revealed varying levels of interest in engaging
with impact assessment practices. Some enterprises felt
that there was a great potential in developing formal impact
assessment practices in order to attract funding and/or
validate their value creation strategy. Other enterprises
did not see an immediate need to formalise any impact
assessment practices as this was perceived as an activity
that would get in the way of ‘doing business’. Our initial
discussions with these enterprises suggested that
reporting to government constituted their only formal
impact measurement practice and this was viewed as a
contractual obligation.
This has served our ongoing eforts to comprehend the feld
of impact and value measurement and focus the range of
methods and approaches to suit the needs of enterprises
operating in remote Australia, with special reference
to social and Indigenous enterprise. Drawing on the
extensive critiquing of previously dominant approaches and
frameworks, this project has helped shape an approach now
being tested and improved in a range of contexts across
Australia, including our focus area in central Australia.
CREATING STRONGER
ENTREPRENEURIAL COMMUNITIES
Our third stream of research is focused on better
understanding how to encourage entrepreneurial activity
throughout our region. In 2013, multiple research projects
were completed with many more underway in regional
Australia and across Asia.
RARE Research
The Remote and Rural Enterprise (RARE) Program focuses
on research and student learning (profled in E&I Education).
RARE’s mission is to raise the entrepreneurial capabilities of
students in a way that benefts remote and rural enterprises
and their communities. The RARE Program aims to:
– Participate in the initiation and development of sustainable
business activity in remote and rural Australia.
– Facilitate the development of relationships that enhance
mutual social and cultural respect and awareness.
– Provide a platform for engaged-practice enabling students
to apply their knowledge and skills in a challenging context
and learn from experience.
– To initiate and enrich relationships that will support
teaching, research and outreach activity in remote
and rural Australia.
13
In early 2013, the E&I Program turned its attention to the
unique challenges faced by communities when seeking to
create and lead enterprises as a collaboration or collective.
Community-based enterprises frequently emerge as a
representation of – or solution to – broad community or
social needs not being met in a particular geography or
situation. While entrepreneurship and enterprise are not
without seemingly unending hurdles, the added overlay
of social demand and the community leadership model
presents a particular challenge to those seeking cooperation
of communities towards a common goal.
The goal of the research is to better engage with Australia’s
remote and rural entrepreneurs in support of their goal
for regional economic and social development, increased
employment opportunities and educational participation.
The RARE Research Program ofers research backed
services and support to regional and remote communities to
assist at any stage on their journey towards achieving their
particular communities’ goals.
During 2013, our RARE Research Projects have been
immersed in this entrepreneurship in action research.
By ofering our support and assistance to a number of
Indigenous social enterprises throughout remote Australia,
we aim to increase our understanding and ability to assist
in the cultivation of entrepreneurial environments for
constrained communities.
ENTERPRISE PROJECT FOCUS
New South Wales Aboriginal
Land Council
Strategy & business planning: supporting 17 Local Aboriginal Land Councils with their claim on four rural
properties through the collaborative development of evidence based business, environmental and social
strategies and plans targeting economic viability alongside regionalised community development and social
impact programs.
North West Land
Corporation & Charitable
Trust
Enterprise development, governance and partnership building: collaborating with the Board of Directors of
the North West Land Trust, a regional Indigenous corporation and trust targeting regionalised engagement,
economic and enterprise development and increased education and employment participation and success
rates, to assist in their incorporation and launch strategy and in supporting and advocating on their behalf
in their search for opportunities and aligned partnerships.
Menindee Local Aboriginal
Land Council
Enterprise planning and prioritisation: working with the Board of Directors of the Aboriginal Land Council
in Menindee to assist in their strategic prioritisation and reinvigoration of their rural property business and
action plan.
Murrin Bridge Local
Aboriginal Land Council
Capacity audit, sustainable economic and social development and governance planning: working with
representatives of the Board of Directors of the Murrin Bridge Aboriginal Land Council to assist in their
strategic decision making and ongoing operating plan in relation to their claim on a income producing rural
property near Lake Cargelligo in regional NSW.
North West Land
Corporation
‘Green’ economy opportunity and partnership exploration: working with 17 Aboriginal communities across
north western NSW to seek employment creation opportunities through the application of green economy
to their land regeneration challenge, providing a combined carbon farming and employment program
feasibility study applicable for use as model to replicate over numerous rural properties across the State.
New South Wales Aboriginal
Land Council (NSWALC) &
Social Enterprise Finance
Australia (SEFA)
Enterprise Development Workshop Series: In collaboration with NSWALC and SEFA, a workshop series
was launched to specifcally target the needs of regional community enterprise leaders in the early start-
up stage of enterprise development, seeking opportunities to accelerate Indigenous social enterprises
through the enterprise start-up and debt readiness process.
RARE Research Projects during 2013
14
RARE Research continued
Our Australian research projects have focused on number
of regional, community-led, enterprise activities targeting
education and employment building opportunities in regional
areas. The research projects have allowed us to work closely
alongside community leaders to deepen our understanding
of the challenges facing regional and remote communities
and to explore the critical factors inhibiting entrepreneurial
and economic development activity in these areas.
The projects have covered research themes such as:
improving enterprise and education access and
success rates in remote communities; strategic and
sustainable business planning in community led social
enterprises; governance and leadership challenges
facing community led enterprise; seeking and securing
regional economic development opportunities through
partnership building; seeking enterprise development and
employment creation opportunities by blending a land
regeneration challenge with the green energy and
carbon economies.
The tangible outcome of this research has been a
number of reports and papers created in collaboration
with community leaders of the respective research project
sites. Additionally, we have deepened our relationships
with communities allowing researchers to ofer ongoing
implementation support and encouragement whilst
gaining longitudinal insights into the outcomes associated
with the implementation of research related fndings
and recommendations.
This regional development research program closely aligns
with the Rural and Remote Enterprise (RARE) teaching
program and allows us opportunities to share insights
and learning with students whilst growing our impact,
understanding and networks throughout regional Australia.
Developing Grass-Roots Entrepreneurs
Our Grass-roots Entrepreneurship Education and Pro-poor
Enterprise Development, Myanmar project plans to educate
close to 10,000 entrepreneurs in Myanmar after securing
just over USD 2 million funding to be expended over the
next three years. EDNA Myanmar Co Ltd will be delivering
the project in close collaboration with the University, with
the mission to alleviate poverty by encouraging growth of
pro-poor entrepreneurial businesses through education &
business development initiatives.
The research program supporting the environmental
understanding, business development, entrepreneur
education, and program improvement is led by Dr Russell
Toth and Dr Richard Seymour.
This project builds on the recently completed research
projects associated with the AusAID funded project
developing entrepreneurial women in Vietnam. There is
a rich stream of research exploring how to educate and
support micro and small entrepreneurs.
Edna Myanmar, Grass-Roots Entrepreneurship Education and Pro-poor
Enterprise Development
Edna Workshop with UMFCCI in Mayanmar
15
VISITING SCHOLARS & RESEARCH STUDENTS
Our E&I Research program was enriched
and encouraged by visiting scholars from
across the region, and by our research
students who are completing higher
research degrees.
VISITING SCHOLARS
A number of research scholars visited the Business
School in 2013. Those with a focus on entrepreneurial
studies included the following:
Ms. Hnin Wai, Myanmar Women Entrepreneur’s
Association, Yangon
Ms. Yi Yi Myint, Myanmar Women Entrepreneur’s
Association, Yangon
In addition, we enjoyed visits from the following academics
from the University of Islamic Studies (UIN) – Sunan Ampel,
Indonesia funded by the Indonesian Government through
the Asian Islamic Development Bank.
RESEARCH STUDENTS
In 2013 the Entrepreneurship & Innovation Program
members supervised a number of research candidates
with a focus on entrepreneurship and innovation. Some
completed their research in 2013.
Completed
Sangeeta Ray, ‘Innovation strategies of pharmaceutical
companies in India’, supervised by Professor Sid Gray
and Dr Vikas Kumar.
Continuing
Anne Dixson, ‘Innovation or mediocrity? Sustainability
disclosure as a facilitator of corporate fnancial and
environmental advantage’, supervised by Professor
Chris Wright.
Linh Nguyen, ‘Culture and social impact measurement in
the social impact investment sector: multiple cases in
Australia and Vietnam’, supervised by Dr Richard Seymour
and Dr Betina Szkudlarek.
Jarrod Ormiston, ‘Assessing impact and performance in
Social Investment: Navigating diverse logics in cross-sector
collaboration’, supervised by Dr Richard Seymour and Dr
Alex Nicholls (Saïd Business School, The University
of Oxford).
Heather Robson, ‘Internationalisation and domestic policy
environments: a case study on the Australian solar industry’,
supervised by Dr Leanne Piggott and Dr Catherine Welch.
VISITING SCHOLARS FROM INDONESIA
Hilda Izzati Madjid, Faculty of Islamic Education Rakhmawati, Faculty of Islamic Education
Airlangga Bramayudha, Faculty of Communication
and Social Sciences
Nur Hidayat Wakhid Udin, Faculty of Theology and Philosophy
Akhmad Siddiq, Faculty of Theology and Philosophy Abu Fanani, Faculty of History and Literature
Fahrur Ulum, Faculty of Islamic Law and Economics Tias Satrio Adhitama, Faculty of Communication and Social Sciences
Lilik Rahmawati, Faculty of Economics Abid Rohman, Faculty of Communication and Social Sciences
H. Noor Ahmady, Faculty of Communication and Social Sciences Swi Susanto, Faculty of History and Literature
Muhdi, Faculty of History and Literature Vudi Ichwayudi, Faculty of Theology and Philosophy
Sigit Pramono Jati, Faculty of Islamic Education Professor Ahwan Mukarrom, Faculty of History and Literature
Ahmad Kemal Riza, Faculty of Islamic Law and Economics Professor Abd. A’la, Rector
16
*
IBUS 3108 Social Entrepreneurship for undergraduates will commence in 2014
**
Note that the IBUS5001 unit was a combined core for the specialisations for Strategy, Innovation and Entrepreneurship as well as International Business.
In 2013 this arrangement was changed so that each specialisation had its own unit of study as core. For the Strategy, Innovation & Entrepreneurship Unit,
IBUS5002 was created as the new core unit in 2013 and explains the drop of enrolments from 5001.
***
IBUS6011 was capped in 2013 at 50 students and will be ofered twice per year going forward
****
EMBA6004 ofcially launched in 2010 after two trial years taught within our Masters program
Our challenge is to ensure our entrepreneurship teaching and learning is informed
by practice. Engagement is at the core of our approach to education.
We are successfully applying the principles of engaged
enquiry and experiential learning in our teaching and learning
at the undergraduate and postgraduate levels, but also for
our master classes. Our E&I Education program focuses
on problem-based learning and engaged-practice whereby
students learn while supporting real businesses. It is also
closely linked to, and informed by, our research activity.
This section introduces our award education, our master
classes, and our educational Ventures that link our
research and education programs.
EDUCATION – AWARD
Our ‘award’ programs result in a degree or other formal
recognition from the University. These units and courses
have grown from just two postgraduate units of study
ofered in 2006, to 12 postgraduate, one undergraduate,
and three master classes in 2013.
EDUCATION
UNIT OF STUDY STUDENT ENROLMENTS 2006 2007 2008 2009 2010 2011 2012 2013
IBUS 3103 Global Entrepreneurship & Enterprise 41 31 71 67 55 75 48
IBUS 3106 International Business Special Project 12 9 3 2 13
IBUS 3108 Social Entrepreneurship
*
IBUS 5001 Strategy, Innovation & Global Business
**
320 316
IBUS 5002 Strategy, Innovation & Entrepreneurship 120
IBUS 5011 Foundations of Entrepreneurship 103 263 216
IBUS 6011 New Business Opportunities and Startups
***
61 36 76 125 50
IBUS 6012 Business Growth and Innovation 35 43 66 44 31 41 67 55
IBUS 6013 Business Restructuring and Renewal 21 46 19 26 28 37 27
IBUS 6014 Intellectual Property Management 17 29 55 73 59 41 16
IBUS 6015 Innovation & Enterprise Special Project 8 24 16 32 24 33 14
IBUS 6016 Social Entrepreneurship 12 15 14 38 37
IBUS 6017 Enterprise and the Creative Industries 16 14 24 19 12
MMGT 6001 Strategy & Entrepreneurship 73 71 71 94 121
BUSS 6509 Innovation & Enterprise Special Project Broken Hill 20 15
EMBA6004 Creating & Developing New Opportunities
****
15 17 16 15 19 21
SUST 6005 Sustainability, Society and Change 7 17 28
TOTAL 96 166 326 595 564 736 901 577
All these units incorporate Problem-Based Learning (PBL)
utilising authentic activities (i.e. real business problems and
contexts). We have included many scores of businesses
in our teaching, and our approach is integrally linked into
our fagship Global Executive MBA, MBA and Master of
Management programs.
EDUCATION POSTGRADUATE
As can be seen from Figure 1, the vast majority of our units
are ofered at the postgraduate level. There are a number of
important degree paths for E&I Education:
Graduate Certifcate Innovation & Enterprise
This specialist program requires students to take two core
entrepreneurship units and two electives. The course is
designed to provide students with the ability to identify
opportunities for change and innovation, and acquire
the skills necessary to develop a successful local or
international business.
Master of Commerce specialising in Strategy,
Innovation & Entrepreneurship
Students undertaking this degree/specialisation combination
can tailor their studies to gain exposure to the practical and
theoretical aspects of launching, growing and re-invigorating
a venture. The teaching is structured around engaged
practice and ‘problem-based learning’. Students can choose
up to fve of the postgraduate entrepreneurship units of
study listed in the table above.
Master of Management Units
This is a pre-experience program that equips students
with the skills and knowledge necessary for a career in
management in a chosen feld. Students work directly
with leading companies on real business problems and
the program was designed with input from leading
global corporations and business schools. There is one
entrepreneurship unit ofered as part of this program in 2013,
MMGT 6001 currently taught by Dr Massimo Garbuio.
Global Executive MBA Unit
The University of Sydney Business School has built a
world-class Global Executive MBA in collaboration with
international thought leaders to help reshape Australian
business and put the degree in the upper echelon of
excellence on the world stage. The course spans four
continents and fve countries, focuses on all aspects of a
business life cycle and challenges students in the way they
approach business. The entrepreneurship unit is delivered
in Bangalore, India, and is co-taught by Dr Richard Seymour
of Sydney, and Professor K Kumar of Indian Institute of
Management Bangalore (IIMB).
EDUCATION UNDERGRADUATE
The units of study ofered at the undergraduate level will
soon comprise three units of study. We are intentionally
limiting the number of units of study we ofer at this level
to ensure sufcient experience prior to study. It is worth
acknowledging and congratulating Dr Massimo Garbuio
in winning the Wayne Lonergan Award for Outstanding
Teaching in 2013 for his Global Entrepreneurship and
Enterprise undergraduate unit of study. The University
of Sydney award is conferred on lecturers who show
creativity and commitment to developing challenging,
engaging, relevant and even ‘fun’ learning experiences
for their students.
We have received approval for an additional unit of
study to be taught from 2014 – an undergraduate Social
Entrepreneurship unit, IBUS3108, taught by Jarrod Ormiston.
Bachelor of Commerce Units
This revitalised degree ofers core units of study that have
been designed to progressively develop knowledge and skills
throughout the duration of the program. This integrated
learning approach allows for a transition from school to
university and then to the world of business with ease. The
program also ofers fexibility to allow students to either
customise their degree to pursue a particular professional
qualifcation or explore many diferent areas to gain a broad
and versatile education.
Sessional staf
Sessional staf play a pivotal role in providing both inspiring
and educating future entrepreneurial leaders as well as
acting a conduit to disseminate our research fndings from
across Australia and SE Asia. Sessional staf come from
various backgrounds but all are experts in their respective
felds. Sessional staf in 2013 included:
– Shanie Atkinson. Background in private equity, highly
leveraged debt and corporate advisory. In 2013, Shanie
was the recipient of the Dean’s Citation for Teaching while
coordinating the Business Restructuring and Renewal
unit of study. This commendation is awarded to lecturers
who received outstanding evaluations for overall quality of
teaching as perceived by the students.
– Joe Seisdedos. Global experience protecting and
prosecuting patents with a background in nuclear physics,
detector development and complex system simulation. He is
currently working as a patent attorney.
– Bronwyn Darlington. Currently writing her PhD,
research manager at the Sustainability, Transparency
and Accountability (STAR) Lab with a background in
environmental management and sustainability.
– Peter Herbert. Has worked as a writer, producer, executive
producer and development executive for several national
and international companies. He has won Penguin Awards,
Logie Awards and Gold Records for The Comedy Company.
– Jarrod Ormiston. Currently writing his PhD, with a
background in social entrepreneurship including running
ventures in South America and Australia. Passionate about
social entrepreneurship and the impact of investing in
such enterprises.
– Dr Krisztina Molnar. With a background in strategy with
two major Australian telecommunication companies, Dr
Molnar brings a wealth of experience in strategy formulation
and development, including marketing research analytics.
– Petra Andren. Currently in charge of life sciences at
ATP Innovations, with a broad international experience
in senior strategy consulting, business development and
executive roles.
18
SAMPLE OF ENTREPRENEURSHIP
UNITS OF STUDY
New Business Opportunities and Startups
IBUS 6011:
– Bronwyn Darlington - Sustainability Transparency
Accountability Research (STAR) Lab Research
Manager and University of Sydney Sessional Lecturer
– Petra Andren - Director of Australian Technology
Park Innovations.
For small open economies such as Australia’s, new business
opportunity identifcation and exploitation are often critical
to frms’ long-term growth and survival. Identifying new
markets, developing new products and implementing new
business models are highly-regarded and valuable skills for
entrepreneurs and business managers alike. In addition to
exploring the special problems (and advantages) associated
with entrepreneurial start-ups, the unit will explore
commercialisation and corporate venturing. Topics include
opportunity recognition, strategy development, business
planning and investor documentation, venture capital and
other funding sources, as well as entrepreneurial and creative
leadership. The unit is structured around learning from
engaged practice, and requires work with start-up and early
stage businesses.
International Business Project
SMBA 6101:
– Prof Hans Henrischke - Prof of Chinese Business and
Management, Director of China Australia Business Network
– Prof Bruce McKern - Prof of International Business and
Co-Director of the China Europe International Business
School (CEIBS).
The International Business Project unit is a two-week
intensive international module designed for MBA students
to study and work in a diferent country. Common themes
addressed include leadership and management challenges
of entering new markets, managing across cultures and
regulatory environments, identifying and realising new
opportunities and management and coordination challenges
in multinational frms. In 2013, students traveled to Shanghai
to help Chinese companies engage with Australia. These
hands-on consulting projects enable students to use their
own work experience to provide advice on how to best
approach the Australian market.
Intellectual Property Management
IBUS 6014:
– Joe Seisdedos - WRAYS Principal Patent Attorney,
Advisory Committee member for AusMedTech.
Intellectual property (IP) represents the property of your
mind, intellect, and proprietary knowledge. This unit ofstudy
will covers the concept of IP, how to identify and protect it
in a local and international context, creating the conditions
to encourage and leverage IP in a commercial context, how
to manage a portfolio of IP, and enforcement scenarios. The
unit concentrates on how to utilise IP to create, control and
exchange value, with particular attention paid to the practice
of open innovation.
Enterprise & The Creative Industries
IBUS 6017:
– Peter Herbert - Lecturer, Writer and Producer, Head of
Drama and Head of Producing at Australian Film Television
and Radio School.
The creative industries include architecture, design,
flm, television, music, the performing arts, advertising,
publishing and the visual arts. This unit explores enterprise
development in these industries. Topics include the
creative entrepreneur, leveraging copyright, business model
innovation in the creative industries, and the opportunities
(and dangers) of the new digital economy. The unit is
structured around learning from engaged practice, and
requires work with businesses in the creative industries.
Broken Hill Architecture & Business Unit
BUSS 65098:
– Professor Michael Tawa, Architecture, Design and Planning
– Dr Richard Seymour.
Business and architecture students and staf returned
to Broken Hill to expand on the previous year’s work
transforming the community’s old power station. This visit
included the additional challenge of reinvigorating the Argent
Street precinct of Broken Hill’s city centre. 15 students
formed two cross-disciplinary teams that gained regular
support and feedback from the Broken Hill City Council and
locals. Each group presented one master plan and business
plan for their selected project, with a focus on ofering
holistic and sustainable business solutions to the Broken Hill
City Council and businesses.
19
EDUCATION
Top: Broken Hill NSW, Business and Architecture students, Bottom: Bangalore India, 2013 Executive MBA students
E&I EDUCATION – MASTER CLASSES
Our master classes are purposefully diferentiated from our
award-teaching program, as they do not result in a degree
or other formal recognition from the University. In our
master classes, we include executive education, specialist
workshops, and our ambitious program educating
Asian entrepreneurs.
Executive Education – Indigenous Business Leaders’
Enterprise Development Seminars
In 2013, we launched a workshop series for Indigenous
business leaders, arranged in collaboration with New South
Wales Aboriginal Land Council (NSWALC) and funded by
Social Enterprise Finance Australia (SEFA) and the University
of Sydney Business School. The workshop series, which
began in Sydney in late 2013 and will continue in Dubbo
in 2014, focus on the challenges faced by the leaders of
targeted Indigenous social enterprises and aim to accelerate
Local Aboriginal Land Council (LALC) backed enterprises
through the debt readiness process.
Eight participants from three remote Australian communities,
attended the frst workshop, held in Sydney, which focused
on entrepreneurship, strategy, leadership and the key factors
to successful business start-up. The group then engaged
in a participative, learning focused, business planning
activity where the E&I team guided and mentored each
enterprise group through the core business concepts whilst
brainstorming and workshopping their specifc business plans
into a practical, visual, take-home business start-up toolkit.
This ‘community of learning’ approach enabled the sharing of
ideas, challenges and opportunities within enterprise teams
as well as between enterprise leaders, and gave participants
the opportunity to inspire each other in a creative and
protected environment.
Follow-up workshops will be held in Dubbo in early 2014
with a second cohort of Indigenous business leaders from
rural NSW.
Executive Education – EDNA Workshops
In 2013, we further developed our international activities
through our EDNA workshops focused on entrepreneurial
capacity building. Two 10-day workshops were developed for
staf and faculty from the University of Islamic Studies (UIN)
- Sunan Ampel, Indonesia. The workshops were funded
by the Indonesian Government through the Asian Islamic
Development Bank.
The frst workshop was held in Hanoi, Vietnam in November
in collaboration with our colleagues at the University
of Economics and Business at the Vietnam National
University (UEB-VNU). Sixteen administrative staf from
across all faculties at UIN – Sunan Ampel attended the
‘Entrepreneurship, Creativity and Innovative Thinking for
Administrative Staf’ workshop. The aim of this workshop
was to develop administration personnel in entrepreneurship,
creativity and innovative thinking. The workshop focused
on building the capacity of the participants to support
entrepreneurship initiatives at UIN - Sunan Ampel to assist
UIN in realising its mission to become the premier Islamic
entrepreneurial university in Indonesia.
The second workshop was held at the University of Sydney
in December. Sixteen academics from across all faculties at
UIN – Sunan attended the workshop, titled Entrepreneurship
and Innovation: Teaching, Research and Ventures. The
workshop aimed to build the participants’ academic capacity
and individual skills to deliver entrepreneurship teaching,
research and venture activities. Following the workshop, the
academics returned to Surabaya with the goal of transferring
the knowledge learned in this workshop to their students
and colleagues in Surabaya, Indonesia.
UIN - Sunan Ampel has shown strong support for the
resulting recommendations collaboratively developed in
both of these workshops. We trust these initiatives will
have continued support as they have been well received by
students and faculty in Indonesia.
20
21
EDUCATION
Enterprise Development - Grass-Root Entrepreneurship
Education and Pro-Poor Enterprise Development
Our Grass-root Entrepreneurship Education and Pro-poor
Enterprise Development, Myanmar project plans to educate
close to 10,000 entrepreneurs in Myanmar after securing
just over USD 2 million funding over three years commencing
in 2014.
Our mission is to alleviate poverty by encouraging growth of
pro-poor entrepreneurial businesses through education and
business development initiatives. Our objectives are to:
– Grow a cohort of entrepreneurship mentors/trainers able to
inspire and educate.
– Grow a cohort of entrepreneurs to be inspired and
capable entrepreneurial leaders.
– Grow a group of proftable, sustainable and
employing Enterprises.
– Grow EDNA into a proven, respected and scalable
social enterprise.
E&I staf have supported this project with the creation
of educational materials through EDNA Myanmar. These
materials – based on Myanmar stories, local case studies
and basic business knowledge – will shape the core of
the lessons of the program, focus on supporting small and
medium entrepreneurs.
Over three months, EDNA Myanmar will train local mentors
(young graduates working in the communities) on these
materials. These mentors will then train four cohorts of
15 entrepreneurs. The training will focus on functional
knowledge (business content such as fnance, marketing,
etc.), communicative knowledge (facilitation, presentation
and communication skills, etc.) and emancipatory knowledge
to grow their confdence and make them stronger
entrepreneurial leaders and people.
Mentors will then work with entrepreneurs over a year long
period. For the frst fve months, the entrepreneurs will meet
weekly to study the teaching materials. This will support the
entrepreneurs as they articulate their business models. In the
second half of the training there will be mentoring sessions
focussing on improving the business.
EDNA Myanmar, Grass-Root Entrepreneurship
EDNA Vietnam, Collaborative Workshop
22
SYDNEY GENESIS
Sydney Genesis is the University of Sydney’s start-up
competition for students from any background who are
passionate about their ideas in business, technology or
social entrepreneurship. It was launched in 2008 and allows
students to bring their ideas to life through workshops,
mentoring, networking, funding and prizes.
Each year, we receive over 80 entries and 10 teams are
selected to compete in the fnals. Finalist teams compete
for a range of cash prizes and, more importantly, in-kind
support from top intellectual property and consulting
frms to kick start their ideas.
This entrepreneurial journey has four major objectives:
– To extend and enhance the University’s entrepreneurship
teaching and networks at all levels from undergraduate
students to executive education.
– To assist research into entrepreneurial learning to inform
teaching programs and meet the challenges of industry,
the government and the broader community.
– To provide practical networking opportunities and
bridge the gap between students and entrepreneurial
communities, both locally and abroad.
– To support and develop promising new ventures and
world-changing ideas.
Sydney Genesis has grown thanks to managers, sponsors,
mentors, lecturers and students’ hard and passionate work.
Sydney Genesis, in addition to the funding received by the
Business School, is generously funded by private donors
and organisations. In the last six years, we have given more
than $30,000 in cash (0% equity) to young and passionate
entrepreneurs to start their businesses.
EDUCATION VENTURES
These ventures are the glue that link our teaching and research activities. Major
initiatives include the Sydney Genesis entrepreneurship and business planning
competition, our RARE Program, and support for Student Ventures encouraging
entrepreneurial students.
These initiatives focus on the geographies of Sydney, Australia, and South East Asia.
TECHNOLOGY OR FOR PROFIT STARTUPS
SmarterHospital
SmarterHospital is an innovative task
management solution that increases efciency
and the quality of patient care within hospitals
and signifcantly reduces patient health care
and hospital running costs
Sweet Pi
SweetPi is an e-learning tool that helps
struggling high school students learn
mathematical concepts using
interactive animations that simplify
challenging concepts
Basil
Basil makes web development better
by letting you quickly build powerful and
interactive websites in an easy to use
browser application
Crowder Bring experiences to life, stress free
Edisse
The Edisse watch is an automatic panic button
in the form factor of a watch for the elderly
JobGPS Career Navigation for Graduates
SOCIAL OR NON PROFIT STARTUP
Enable Vision
Enable Vision provides self-adjustable
vision correction glasses to children in the
developing world
Green Spark
Join the green home revolution! Increase
the value of your property by showing
prospective buyers and tenants the
energy efciency of your home
Promise or Pay
Promise or Pay motivates people to do
the things they most want to do with
their lives, while creating a more engaging
and empowering way for individuals to
donate to charities that are making a real
The Oyster Bean Co
The Oyster Bean Co grows fresh certifed
organic oyster mushrooms, using waste
cofee grounds from local cafes
Who Gives A social network for student volunteers
Sydney Genesis 2013 Finalists
23
SYDNEY GENESIS WINNERS & PRIZES 2013
Best business or technology start up
$3,000 cash (0% equity taken) and 6 months’ membership to
The Virtual Ofce from Servcorp, valued at $2500 Prize
Split prize:
Smarter Hospital
Sweet Pi
Enable Vision
Best social or non for proft start up
$3,000 cash (0% equity taken) and 6 months membership to
The Virtual Ofce from Servcorp, valued at $2500 Prize
Enable Vision
Best Branding Opportunity
(in kind marketing consultancy services ofered
by Through the Cloud valued in $1,500)
Sweet Pi
ATP’s Successful innovation Workshop (Five Sydney Genesis
semi-fnalists students were invited to attend this 2-day workshop.
Each ticket valued $190.)
The students accepted at that workshop were:
Anton Marinoc
Lisette van Niekerk
Peter Ashwell
Sebastian Dunn
Sebastien Maupas
Genesis 2013 Overview
Sydney Genesis was run during the second semester of
2013. All interested students could apply through an open
submission process. The application was open to any
team consisting of at least one Sydney University student,
generating an interdisciplinary and heterogeneous group from
people inside and outside Sydney University. We received
22 applications for social businesses and 50 for technology
and for-proft business. Sydney Genesis completed nine
workshops plus a fnal pitch. The main objective was to give
groups the opportunity to work together and apply business
theory and frameworks to their own businesses. From
marketing and fnance to innovation and user experience, all
areas of business were covered by professors, entrepreneurs
and a diverse range of professionals. Over the course of the
program, the network of students and speakers progressively
strengthened, creating a proactive environment where
everyone could participate and exchange ideas. It was
exciting and rewarding to see how the projects
transformed over time and morphed into feasible and
well-structured ideas.
As the fnal workshop fnished, all students sent their pitch
deck, business model canvas and landing page to the judging
panel. The judges chose 10 fnalists who had several sessions
with our mentors to improve their presentation and to
prepare the fnal pitch.
Genesis Finalists & Winners
The program came to a conclusion in October. Ten fnalists
pitched their ideas in front of a panel of 11 judges with
backgrounds in investing, entrepreneurship and start-up
incubation. The judges evaluated based on a range of criteria
including idea, project feasibility, team background and
commitment. Table 5 and 6 show 2013 winners and fnalists.
Sydney Genesis, Program Mentors
24
REMOTE AND RURAL
ENTERPRISE (RARE) PROGRAM
The RARE Program focuses on research
(profled in E&I Research) and student learning.
We connect students with remote and rural enterprises
in Australia to collaboratively complete action-research
projects. We select our best students (based on their
academic performance, experience, skills and motivations)
and match them with enterprises that require assistance
to resolve difcult problems such as business start-up,
challenges of growth, sustainability and social impact.
In 2013 we involved students studying business,
sustainability and architecture.
RARE projects aim to deliver practical and accessible
recommendations, backed by rigorous academic literature,
and market relevant data and information. Emphasis is
placed on community consultation, reviewing local markets,
researching best practice internationally and locally, and
adapting business models to suit Australia’s challenging
remote environments, and socio-cultural diferences.
Students share their skills, expertise and time with the
enterprise, while learning to manage uncertainty, multiple
stakeholder demands, and the human and economic
infuences afecting businesses. Social and cultural
empathy and respect is also developed during the
two-way learning exchanges.
RARE Projects 2013
In 2013, the RARE Program grew and expanded its reach into
remote and rural Australia. Below is an overview of RARE
projects completed in 2013. Additionally, the University of
Sydney Business School provided four $2,000 scholarships
to selected RARE Program applicants. These funds provided
tuition assistance to the best and brightest RARE students
while also providing additional incentive to apply their skills in
a real-world engagement.
Eden NSW, Bundian Way project
Katherine NT, Artback NT project
25
EDUCATION VENTURES
ENTERPRISE LOCATION PROJECT FOCUS
Bana Yarralji Bulka (BYB) Rossville, QLD
Development of an access / permit scheme to provide income and fund
employment training within the enterprise
Murrin Bridge Winery Murrin Bridge, NSW
Created a business roadmap to reinvigorate the only indigenous
community-owned winery in Australia back to operational condition
BioEnergy Bourke, NSW
Delivered a cost-efective solution to invasive native species land
management using new technologies and new markets
My Farm Shop Weston Creek, ACT
Development of a business model to connect sustainable farmers directly
to consumers including an efcient and efective transaction process
Three Sista’s Manunda, QLD
Explored new initiatives to maximise existing resources and better leverage
complimentary services in ofering safe, accessible and culturally sensitive
accommodation in the Cairns region
River Cottage Central Tilba, NSW
Analysing the regional economic impact and leverage opportunities after the
frst successful season of River Cottage Australia was flmed in Central Tilba
Walan Jineras Wollombi, NSW
Feasibility of operating Cultural Camps to increase awareness of issues
facing Aboriginal women, children and communities, and assist in the
provision of culturally appropriate response
Bundian Way Eden, NSW
Developing staf training programs, building infrastructure, and marketing
the Bundian Way - the frst Indigenous pathway to be listed on the NSW
State Heritage Register
Artback NT Borroloola, NT
Sustainability planning for an Indigneous women’s dance company looking
to continue performing across the Northern Territory and hosting a regional
festival in Borroloola.
Ungooroo Aboriginal Corporation Singleton, NSW
Growth feasibility study for the WUPA@Wanaruah art trail event located
in the Hunter Valley. Partnerships with wineries, hotel chains and corporate
sponsors were examined based on alignment with mission and resources.
Broken Hill City Council Broken Hill, NSW
Reinvigoration of the community’s old power station and city precinct
in cross-disciplinary groups including architecture and business students
RARE projects in 2013
Singleton NSW, Ungooroo Aboriginal Corporation WUPA@Wanaruah event
Mentors
The growth of RARE’s impact is dependent on the quality
of student projects, which is of particular importance as the
program grows in size. In addition to a selective application
process and academic supervision of projects, we introduced
mentors to the program in 2013. RARE students were
assigned a mentor with relevant background and experience
to provide guidance and feedback on the development of
their projects throughout the semester, complimenting that
of the academic.
The intention is to develop a community of mentors,
with a diverse membership from government, industry,
communities, not-for-profts, and foundations. The majority
of RARE enterprises are micro to small enterprises,
indigenous and social businesses.
Annual Gathering
We held our second RARE Annual Gathering in November.
The aim of the event is to provide an opportunity for RARE’s
numerous participants and supporters to meet and share
their experiences and lessons learnt. The more than 80 in
attendance represented students, industry practitioners,
academia, government, not-for-proft and remote and rural
enterprises owners. During the evening, a number of RARE
projects were showcased and presented by both RARE
students and enterprise owners such as Sue Ogilvy (founder
of My Farm Shop), John Blay (project manager of The
Bundian Way) and Litia Kirwin (RARE Student) who worked
on the River Cottage project.
26
NAME COMPANY POSITION
Maor Bar-ziv EgoNetowrk Founder
David Rickards SEFA Director
Selena Grifth
UNSW, School
of Design Social
Innovation
Senior Lecturer
Kate Carruthers
Social Innovation
Sydney
Co-founder
Kylie Charlton Unitus Capital Managing Director
Peter Bradd Fishburners CEO
Gina May Diana One Can Grow Founder
Tia Saunders Zookal Founder
Kerry Grace Evolve Network Founder
Don Palmer Malpa Project Founder
RARE Mentors 2013
Positive and valuable feedback was received from students
and enterprises across a range of impact indicators. A
sample of this feedback mapped against our objectives is
provided below. It is worth noting that while growth helps
expand our reach, it needs to be carefully managed to ensure
the value we deliver is not diluted, and resources don’t
become stretched.
Rossville GLD, Bana Yarralji Bulka project
River Cottage host Paul West and students
27
Positive and valuable feedback was received from students
and enterprises across a range of impact indicators. A
sample of this feedback mapped against our objectives is
provided below. It is worth noting that while growth helps
expand our reach, it needs to be carefully managed to
ensure the value we deliver is not diluted, and resources
don’t become stretched.
The RARE Program tracks the impact of its activities
through questionnaires, interviews and formal feedback
such as academic performance. To share some of RARE’s
amazing impact, the following quotes are ofered:
Rare Testimonials - Students
“The Community Engagement visit to Eden and
surrounds was absolutely brilliant. It created a
context and allowed a deeper understanding of
the needs, agendas and feasibility in regards to
progress and possibilities. RARE was very helpful
and within the scope of the project, it exceeded
my expectations.”
NICK HISLOP, MASTERS OF SUSTAINABILITY
STUDENT, BUNDIAN WAY
“RARE was a challenging real-world experience
which provided insight to common issues /
problems across various SMEs. Through ‘learning
by doing’ in a live context, this project was by
far the most challenging and rewarding unit of
my degree.”
LITIA KIRWIN, MASTER OF COMMERCE
STUDENT, RIVER COTTAGE, 2013
“The RARE program was real world and allowed
me to balance my theoretical learning with my
practical business experience. The project allowed
me to explore a diferent cultural perspective
and better understand social attitudes towards
indigenous communities as well as how a business
like Murrin Bridge operates in that community.”
JAMES RICKMAN, MASTERS OF ECONOMICS
STUDENT, MURRIN BRIDGE WINERY, 2013
INDICATORS 2011 2012 2013
Enterprise partners 3 12 15
Projects
*
8 23 15
Students involved
**
10 39 41
Student placements
**
11 51 44
Staf planning visits 11 13 8
RARE activity
*
For some enterprise partners we completed multiple projects.
**
Some of our students complete multiple placements. This increases
their understanding and ability to produce high quality work for our
enterprise partners.
27
Central Tilba NSW, River Cottage project
28
SECTION
HEADER
Eden NSW, Bundian Way project
Alice Springs NT, Indigenous Economic
Development Forum
RARE Testimonials - Students
“Your students have been very impressive;
intelligent, engaging and well-educated. They
have been very responsible and hard working
and are a credit to your program. They’ve
understood us, challenged us, informed us
and inspired us. We’ve learned a great deal
from them and with them.”
SUE OGILVY, CO-FOUNDER, MY FARM SHOP, 2013
“Due to the nature of the project, the feld
visit to Bourke was reasonably demanding.
However, the RARE students were very
thorough and given the time frame and
the breadth of information they had to
absorb I was pleased with their eforts.
It was refreshing to receive their input
and the program helped me to consolidate
my solutions.”
PHOEBE MAROULIS, FOUNDER, BIOENERGY, 2013
29
STUDENT-LED VENTURES
Although we do not directly manage
or run these student-led ventures,
they form an important part of the
entrepreneurial community at the
University, and we are pleased to
report their successes.
INCUBATE
The Incubate scheme is a start-up
development program open to all
students, researchers and recent
alumni of the University, which
launched this year. It is run from the
University Student Union, and has
attracted external seed funding. The
program funded eight high-potential
start-up projects with $5000 business
grants and co-working space over the
summer break, as well as mentoring
from high-profle entrepreneurs. The
program culminated in an on-campus
demonstration day during Orientation
Week in February 2013. All teams
pitch their business and progress
to investors, invited guests and
interested students.
ENACTUS
ENACTUS is an organisation managed
under the University Union, and
focuses on supporting social enterprise
activities. The Sydney Chapter has
enjoyed recognition and awards for
their projects at each of the last three
national championships.
The ENACTUS mission is “to provide
tertiary students with an opportunity to
make a diference in their communities
and to develop leadership, teamwork
and communication skills through
learning, practising and teaching the
tenets of their academic discipline to
enable others to participate more fully
and efectively in the economic and
social life of the nation”. As they do,
they develop leadership, teamwork
and communication skills to better
themselves and their communities.
The organisations’ programs run
on over 2000 campuses across
48 countries.
180 DEGREES CONSULTING
180 Degrees Consulting is an
international pro bono student
consultancy that helps non-proft
organisations to achieve a greater
social impact. Teams of university
students completing studies in relevant
felds work with non-profts to identify
and overcome specifc challenges
they face. Non-profts are assisted
in the development of innovative,
sustainable and practical solutions,
while students are able to contribute to
their communities, apply their university
studies in a practical environment,
and develop valuable life skills. The
consultancy works all over the world,
across 14 diferent countries, and three
chapters in Australia.
YOUNG ENTREPRENEURS
SOCIETY (YES)
Young Entrepreneurs Society (YES)
has a strong membership base of more
than 400 students at the University
and more than 900 members in total.
It encourages students to participate
in entrepreneurial learning and activity
across the University, organising
speakers, workshops, competitions and
other entrepreneurship events.
30
Our E&I Program networks extend beyond the University and Australia. The most
important of these is the EDNA network which focuses on South-East Asia.
Over the years we have enjoyed considerable support and engagement
to build the Program.
E&I PROGRAM NETWORKS - EDNA
Founded in 2011, EDNA has expanded from its three
founding organisations and now includes:
– The University of Sydney Business School, Australia
– Indian Institute of Management, Bangalore India
– University of Economics and Business at
Vietnam National University, Hanoi, Vietnam
– Vietnam Women’s Academy, Hanoi, Vietnam
– University of Battambang, Cambodia
– Zhejiang University, Hangzou China
– The National University of Laos
– University of Islamic Studies (UIN),
Sunan Ampel, Surabaya Indonesia
– Chiba University of Commerce, Tokyo Japan.
The membership creates a community of leading scholars,
educators and practitioners in this feld. The regional focus
will include all countries in the Asian region.
Members share:
– A focus on teaching entrepreneurship and innovation.
– The desire and ability to become leading
research institutions
– An interest in signifcant outreach activity such as
enterprise incubators, enterprise support, and
student competitions
– Recognition as leading institutions in their
respective countries.
NETWORKS & SUPPORTERS
OF OUR E&I PROGRAM
Eden Myanmar
Broken Hill, NSW
31
PROGRAM SUPPORTERS
8/3 Employment Service Center, Haiduong Vietnam RARE partner for Winter School projects
The Australian Agency for International Development (AusAID) Guest lecture partner
Australian Centre for Innovation, Australia Guest lecture partner & previous fnancial supporter
ATP Innovation, Australia Research and RARE Program partner
Broken Hill City Council, Australia
Partner Institution - Grass-Root Entrepreneurship Education & Pro-Poor
Enterprise Development
Centre for Social Impact, Australia RARE intermediary and fnancial supporter
CVC Limited, Australia Partner Institution - developing Supporting Technologies
Desert peoples Centre at Centre for Appropriate Technology Supported EDNA Learning Program
Dahrma School (Bogalay), Myanmar Partner Institution - Developing Entrepreneurial Women
Department of Families, Housing, Community Services and
Indigenous Afairs (FaHCSIA)
Partner Institution - Developing Entrepreneurial Women
Freie Universität Berlin (Free University of Berlin), Germany Previous supporter - EDNA Learning Program
Graduate School of Government, The University of Sydney Partner Institution - EDNA Learning Program
Hanoi Business Association, Vietnam Partner Institution - EDNA Learning Program & Global EMBA
Hanoi Association for Entrepreneur Women (HNEW), Vietnam Financial Supporter EDNA Learning Program
Hans Seidel Foundation, Myanmar
Partner Institution - Grass-Root Entrepreneurship Education
& Pro-Poor Enterprise Development
University of Islamic Studies (UIN) –Sunan Ampel, Indonesia
Partner Institution - Grass-Root Entrepreneurship Education
& Pro-Poor Enterprise Development
Indian Institute of Management, Bangalore Partner Institution - Developing Entrepreneurial Women
Islamic Development Bank
Partner Institution - Grass-Root Entrepreneurship Education
& Pro-Poor Enterprise Development
Lotus Foundation, Myanmar Financial supporter - RARE
Moving Forward Together, Myanmar
Financial supporter – StrategicFrame & Partner in
sourcing RARE enterprises
Myanmar Women Entrepreneurs Association
Partner Institution - Grass-Root Entrepreneurship Education
& Pro-Poor Enterprise Development
Patriotic Association of Myanmar Partner Institution in Developing Entrepreneurial Women
Thyne Reid Foundation, Australia
Partner Institution - Developing Entrepreneurial Women
& EDNA Learning Program
Social Enterprise Finance Australia (SEFA) Partner Institution - EDNA
Synergy Networks, Myanmar Financial Supporter - RARE
University of Battambang, Cambodia Partner Institution in Supporting Technologies
Vietnam National University - University of Economics
& Business (VNU-UEB)
Supported Entrepreneurship & Innovation Program with legal advice
Vietnam Women’s Academy, Vietnam Partner Institution in Developing Entrepreneurial Women
Vincent Fairfax Family Foundation, Australia Vincent Fairfax Family Foundation
VIVID Festival of Ideas Partner Institution in Supporting Technologies
WRAYS, Australia Supported Entrepreneurship & Innovation Program with legal advice
SUPPORTERS OF OUR E&I PROGRAM
Without the support of our many partners in the region, the E&I Program would not be evident.
32
PROGRAM FINANCES
TREASURER’S REPORT
The E&I Program continues to demonstrate strong fnancial
health, and had success with raising funds externally and
internally in 2013. External fund raising remains key for the
continued success of the Programs, to ensure sufcient
project resourcing. Attaining the 3-year LIFT Grant had a
large positive impact for 2013, and will continue for the
remainder of the grant.
Funds tied to specifed activity includes:
– LIFT: USD 2 million project, majority spend in USD
– NT Government: Project will be completed in early 2014
– MERCK Foundation: completed and fully acquitted in 2013
– Vietnam AusAID: a joint project lead by Professor Paul
Henry and Associate Professor Marylouise Caldwell in
Cambodia and Dr Richard Seymour in Vietnam,
Projects completed in 2013
– ENACTUS: project will continue with funds.
MERCK: refers to funding received from Merck Foundation, Ofce of Corporate Philanthropy.
EIRG: Entrepreneurship & Innovation Research Group, kindly supported by the University of Sydney Business School.
EIRG replaces the combination of the EXCHANGES and GENERAL projects from the 2012 Annual Report.
IMPACT Investing: new program funded by Ian Potter Foundation, Macquarie Group Foundation, Herbert Smith Freehills,
Evans & Partners and the University of Sydney Business School
Strategic Frame: funding does not refect the larger NT Government grant that was shared with our research partner the Desert Peoples Centre
RARE: Remote and Rural Enterprise supports rural Australia entrepreneurship activity
EDNA: Entrepreneurship Development Network Asia supports South East Asia entrepreneurship
FINANCIAL STATEMENTS
RESEARCH
MERCK IMPACT INVESTING STRATEGIC FRAME RARE EDNA EIRG* TOTAL
SEFA NT GOVERNMENT
OPENING BALANCE 33,228 0 18,869 9,091 0 0 2,256 63,444
INCOME
Faculty / USYD Fund 305 10,000 0 0 20,000 30,000 18,845 79,150
External Income 0 25,000 0 0 78,622 10,000 7,460 121,082
TOTAL INCOME 305 35,000 0 0 98,622 40,000 26,306 200,232
EXPENDITURES
Salary and Wages 27,959 15,611 14,488 3,500 69,706 26,388 10,592 168,244
Travel Related Cost 169 0 354 0 0 0 2,086 2,609
Student Related Cost 0 0 0 0 0 0 0 0
Other cost 5,405 2,920 4,027 738 0 0 312 13,402
TOTAL EXPENDITURES 33,533 18,531 18,869 4,238 69,706 26,388 12,990 184,255
CLOSING BALANCE 0 16,469 0 4,853 28,916 13,612 15,572 79,421
33
* ENACTUS: previously reported as SIFE
** EDNA Master Class: referred to as ‘REGION’ in 2012 Financial Statements
Broken Hill, NSW.
EDUCATION
RARE GENESIS ENACTUS* MENTORS LIFT EDNA** GENERAL TOTAL GRAND TOTAL
VIETNAM MWEA MYANMAR EDUCATION
RESEARCH &
EDUCATION
OPENING BALANCE 99,297 10,517 13,099 21,657 0 0 19,972 14,334 178,875 242,319
INCOME
Faculty / USYD Fund 15,000 32,000 0 0 0 0 30,000 8,158 85,158 164,308
External Income 80,169 0 500 0 50,000 468,410 30,681 0 629,759 750,841
TOTAL INCOME 95,169 32,000 500 0 50,000 468,410 60,681 8,158 714,917 915,149
EXPENDITURES
Salary and Wages 55,948 25,783 0 8,859 0 25,098 67,534 964 184,186 352,430
Travel Related Cost 17,118 0 0 4,477 5,486 301 8,863 1,164 37,409 40,018
Student Related Cost 20,097 18,496 12,889 0 0 0 0 1,081 52,563 52,563
Other cost 2,513 0 0 8,321 0 4,419 1,773 8,131 25,157 38,559
TOTAL EXPENDITURES 95,676 44,279 12,889 21,657 5,486 29,818 78,169 11,340 299,314 483,570
CLOSING BALANCE 98,789 (1,762) 710 0 44,514 438,592 2,483 11,152 594,478 673,899
INDICATORS 2011 2012 2013
Enterprise partners 3 12 15
Projects
*
8 23 15
Students involved
**
10 39 41
Student placements
**
11 51 44
Staf planning visits 11 13 8
34
IMPACT
As introduced earlier, the E&I Program is focused on creativity, innovation and
entrepreneurship, with particular focus on the entrepreneurial search for value and
growth through the identifcation and exploitation of new products, new processes
and new markets.
Our mission and objectives guide our strategy, with key geographies being the
communities bordering The University of Sydney, the remote and rural communities
of Australia, and the communities surrounding our partner institutions in South East Asia.
Below, we ofer the following indicators of impact against our stated objectives.
We are collecting substantial data as we deliver these initiatives and will report
comprehensive impacts in our 2014 Annual Report.
Remote and Rural Enterprise (RARE) Program
*
For some enterprise partners we completed multiple projects.
**
Some of our students complete multiple placements. This increases
their understanding and ability to produce high quality work for our
enterprise partners.
OBJECTIVE 1
INSPIRE & EDUCATE ENTREPRENEURIAL LEADERS
Sydney Genesis Program
“If you are thinking of starting a business,
Sydney Genesis is your competition.”
ADAM LONG, FORMER SYDNEY GEN
ESIS CONTESTANT
“Sydney Genesis is a great platform to see
how far to push your projects.”
TOMAS LEG, SYDNEY GENESIS CONTESTANT
“The best part of the program are the
workshops… Receiving advice and meeting
amazing entrepreneurs.”
GEORGIA KIA, SYDNEY GENESIS 2012 WINNER
AND SYDNEY GENESIS 2013 MANAGER
Remote and Rural Enterprise Program Students
“The Community Engagement visit to Eden and
surrounds was absolutely brilliant. It created a
context and allowed a deeper understanding of
the needs, agendas and feasibility in regards to
progress and possibilities. RARE was very helpful
and within the scope of the project, it exceeded
my expectations.”
NICK HISLOP, MASTERS OF SUSTAINABILITY
STUDENT, BUNDIAN WAY
“RARE was a challenging real-world experience
which provided insight to common issues /
problems across various SMEs. Through ‘learning
by doing’ in a live context, this project was by
far the most challenging and rewarding unit of
my degree.”
LITIA KIRWIN, MASTER OF COMMERCE
STUDENT, RIVER COTTAGE, 2013
“The RARE program was real world and allowed
me to balance my theoretical learning with my
practical business experience. The project allowed
me to explore a diferent cultural perspective
and better understand social attitudes towards
indigenous communities as well as how a business
like Murrin Bridge operates in that community.”
JAMES RICKMAN, MASTERS OF ECONOMICS
STUDENT, MURRIN BRIDGE WINERY, 2013
35
INDICATOR 2013
# Publications / Books / Reports 24
# Conference 29
# Workshops / Seminars Hosted in Australia
& SE Asia
7
FUNDERS & RESEARCH PARTNERS
Business School, University of Sydney
Vivid Sydney, Destination NSW
NSW Aboriginal Land Council
Social Enterprise Finance Australia
The Thyne Reid Foundation
Vincent Fairfax Family Foundation
Livelihoods and Food Security Trust Fund (LIFT)
Asian Islamic Development Bank
Department of Families, Housing, Community Services and
Indigenous Afairs (FaHCSIA)
Australian Agency for International Development (AusAID)
OBJECTIVE 2
DEVELOP RESPECTED & INFLUENTIAL
ENTREPRENEURSHIP RESEARCH
PROJECTS & INITIATIVES
INDICATOR 2013
Research Students 6
Visiting Scholars 20
StrategicFrame Clients 9
OBJECTIVE 3
SHARE & SHOWCASE ENTREPRENEURSHIP
RESEARCH AND EXPERIENCE
OBJECTIVE 4
ENCOURAGE ENTREPRENEURIAL AND ENGAGED
COMMUNITIES OF LEARNING
The activities of the E&I Program are focused on three
geographical areas: Sydney, remote and rural Australia and
South East Asia. Programs that encourage entrepreneurial
and engaged communities of learning in the Sydney region
include Sydney Genesis, master classes and the Vivid
Sydney showcase. Our second area of focus is remote and
rural Australia. The RARE Program has created several
hubs of entrepreneurial activity including Far North
Queensland, Central Northern Territory and the far south
coast of NSW. Additionally, we hosted and facilitated
several Indigenous business leaders seminars to encourage
sustainable economic growth within these hubs. Finally, we
continue to develop our relationships with universities and
entrepreneurship organisations in South East Asia
through the membership of EDNA. In 2013, we commenced
the Myanmar grass-roots entrepreneurship education
program, hosted workshops for visiting scholars from
Vietnam and Indonesia, and continued our Executive MBA
unit of study in India.
Enterprises
“Your students have been very impressive;
intelligent, engaging and well-educated. They
have been very responsible and hard working
and are a credit to your program. They’ve
understood us, challenged us, informed us and
inspired us. We’ve learnt a great deal from them
and with them.”
SUE OGILVY, CO-FOUNDER, MY FARM SHOP, 2013
“Due to the nature of the project, the feld visit to
Bourke was reasonably demanding. However, the
RARE students were very thorough and given the
time frame and the breadth of information they
had to absorb I was pleased with their eforts.
It was refreshing to receive their input and the
program helped me to consolidate my solutions.”
PHOEBE MAROULIS, FOUNDER, BIOENERGY, 2013
36
We are growing the E&I Program’s impact
as well as reach. Some of this will come
from existing initiatives, others from
new undertakings.
SYDNEY GENESIS FUTURE PLANS 2014
In order to continue ofering engaging and improved services
to our students and the innovation and entrepreneurship
community, we will run Sydney Genesis twice a year, from
2014 (March to May and September to November). We will
focus on growing and fostering three initiatives:
ONLINE EDUCATION AND FLIPPED
CLASSROOM APPROACH
Since 2014, all lessons will be recorded and available for free.
Having this material beforehand, will allow students to come
prepared to workshops, which will increase focus on their
own project and how the learned content applies to it. We
will also provide better-integrated Sydney Genesis materials,
embracing collaboration among University of Sydney
departments, academics and entrepreneurs.
NETWORKS AND PARTNERSHIPS
Sydney Genesis will create new partnerships and
strengthen existing relationships with companies, think
tanks, entrepreneurship and innovation platforms that are
passionate about young entrepreneurs’ projects. Although
Sydney Genesis is a business competition, we do not leave
anyone behind: through our networks and partnerships we
will fnd opportunities for every participant, whether they
become a fnalist or not. Sydney Genesis can be the starting
point for every entrepreneurial journey!
FUTURE PLANS AND
GETTING INVOLVED
INTERNATIONALISATION
Sydney Genesis is run from the University of Sydney
Business School Entrepreneurship and Innovation Program.
As part of this Program, one of our missions is to bring
entrepreneurial activity out of Sydney and embed it within
other universities. Our frst stop will be in Yangon: due to
our tight collaboration with the EPP Program (English for
Professional Purposes) at the University of Yangon (see
EDNA Myanmar), we will start Yangon Genesis in 2015,
launching young Myanmar entrepreneurs’ start ups.
RARE FUTURE PLANS 2014
The Remote and Rural Enterprise (RARE) Program continues
to play a large role in our entrepreneurship education eforts,
and we are excited to bring on three new initiatives in 2014
that will enhance overall outcomes and take RARE into new
uncharted territory:
ADVISORY TRAINING AND CULTURAL
SENSITIVITY WORKSHOPS
A common thread in feedback forms from enterprise owners
and students alike is the desire to provide students with
additional training beyond the unit of study before visiting
project sponsors onsite/on-country. In 2014 in conjunction
with the Sydney Genesis Program, we will ofer Advisory
Training and Cultural Sensitivity Workshops. These
additional learning opportunities will be geared towards
students looking to become more efective consultants in
preparing to assist commercial/social and Indigenous/
non-Indigenous enterprises.
Eden NSW, Bundian Way project
EXPANSION OF MENTOR COMMUNITY
The RARE Program successfully piloted the incorporation of
mentors with our Social Entrepreneurship unit of study. In
2014, we will build on this success and ofer more students
the opportunity to work with experts in the entrepreneurship
space from across the industry, non-proft, foundation and
government sectors. The student/mentor relationship not
only fosters better student deliverables for the enterprises
we assist, but acts as another way to build and interact with
our network.
PILOT RARE INTERNATIONAL
The RARE Program is run from the University of Sydney
Business School’s Entrepreneurship & Innovation Program.
As part of this Program, one of our missions is to bring
entrepreneurial activity out of Sydney and embed it within
other universities. In 2014, we will pilot RARE International,
providing student placement scholarships in Vietnam and
Indonesia to partner and assist with start-up enterprises.
Enterprises will be chosen with assistance from EDNA
member universities and foster greater collaboration of
entrepreneurship theory and practice.
DEVELOP RARE RESEARCH PROGRAM
In 2014, the RARE Research program aims to strengthen
existing community relationships and grow the breadth
and depth of engagement within the communities we
are currently working. We hope to continue to be invited
to engage with and support these and other regional
communities in such a way that we can support them
to meet their community visions and goals in the
broadest sense.
We aim to continue work with the NSW Aboriginal Land
Council network within regional NSW, with the goal of
exploring and better understanding the economic, social
and educational development opportunities available to the
Aboriginal people of our greater region. By engaging and
collaborating with local Aboriginal people in our research
we hope to learn together and begin to understand the
economic and social context; jointly seek opportunities
for engagement and through ‘doing’ build capabilities,
strengthen leadership and ignite inspiration to actively and
sustainably engage in the network being created.
Our longer-term goal is to expand our reach and impact
by ofering our support and services to other regional
communities, and in so doing, increase our ability to share
our learning and stimulate connections more broadly
throughout our networks.
Western Creek ACT, My Farm Shop project
38
NEW INITIATIVES
We are also seeking to initiate a number of new activities.
TRAVELLING UNI
Remote and rural Australians, their enterprises and
communities face unique challenges and opportunities.
We know of the challenges posed by poor infrastructure,
small markets, lack of capabilities, and distance. But we
also know of the associated richness in country, culture,
passion and community. For many years we have been
engaged with local communities and entrepreneurs through
our Entrepreneurship & Innovation (E&I) Program at the
University of Sydney Business School.
Our E&I Education Program is recognised as a success.
However, to date our focus has been on engaging our
students and researchers with the region, not on
engaging the region’s most talented people as our
students and researchers.
We see the need and demand to expand our learning
community to include talented and passionate people who
are unable or unwilling to leave their home for many months
of study in Sydney, or who might never have the opportunity
to visit a University campus.
We believe fexible, remote delivery of high quality
entrepreneurial training is required, and can be delivered.
This is our Travelling Uni. The Travelling Uni will deliver the
University’s Business School’s Graduate Certifcate
in Innovation and Enterprise in remote communities.
This course has a long tradition of providing pragmatic,
problem-based learning for diverse cohorts of students
(most with no formal business education).
EXEC-ED FOR ASIA
We will seek to further develop our executive education
activities and look forward to initiating a number of programs
with our EDNA partners. This work will include ofering joint
classes with international partner organisations in which local
Sydney students can sit in the same class as students in,
say, Yangon, Hanoi or Surabaya. It will also include ofering
executive education programs at multiple campuses across
the region.
DEVELOPING ENTREPRENEURSHIP IN LATIN
AMERICA (DELA)
In November 2013, Jarrod Ormiston visited Santiago,
Chile and Buenos Aires, Argentina to establish a series of
collaborations focused on developing social entrepreneurship
in Latin America. This new initiative will seek to strengthen
links between the E&I Program and counterparts in Latin
America. It seeks to replicate the success of our work in Asia
through EDNA. Relationships have been established with
Pontifcia Universidad Católica de Chile (Pontifcal Catholic
University of Chile) and the University of San Andrés in
Buenos Aires. Strong links were also established with the
Chilean Government and various NGOs in both countries. In
2014, several new initiatives will be piloted including capacity
building workshops and joint student projects focused on
social entrepreneurship.
GET INVOLVED
Getting involved in the E&I Program, whether teaching or
research, is easy with a variety of activities and numerous
avenues needing support. Each activity delivers unique
outcomes in diverse settings to which you can align your
particular objectives.
We are keen for your involvement. If you are a student,
consider taking one of our entrepreneurship units of study,
participating in the RARE or Genesis programs, join a
student-led organisation such as ENACTUS or 180 Degrees
Consulting, or begin a research opportunity.
If you are a funder or supporter, there are many ways you
can become involved with the E&I program. Below is a
list of examples:
– Guest lecturer
– Workshop leader
– Mentoring
– Judging panel
– Provide consulting projects
– Provide research setting
– Financial support
– Advisory support.
Participation in the E&I Program has many benefts and
rewards such as staf development through mentoring and
guest speaking, student brand recognition and engagement,
recognition in thought-leadership, access to research
outcomes, network building through the University’s
numerous partnerships, etc. If interested, please contact
Richard Seymour, Director of the E&I Program.
EDNA Mayanmar
39
Top: EDNA Indonesia, Bottom: EDNA Mayanmar
40
PROGRAM CORE TEAM
OUR CORE TEAM CONSISTS OF
FACULTY AND PROFESSIONAL STAFF
PROFESSOR SID GRAY, CO-DIRECTOR,
ENTREPRENEURSHIP AND INNOVATION
RESEARCH GROUP
Sid Gray is Professor of International Business at
the University of Sydney. He is currently Chair of the
International Business group and is a founder and
Co-Director of the Entrepreneurship and Innovation
Research Group. He has a Bachelor of Economics
(Honours) degree from the University of Sydney and a
PhD from the University of Lancaster. He was recently
awarded an honorary Doctor of Laws by Kwansei Gakuin
University in Japan.
His research interests include internationalisation and
entrepreneurship processes, the efectiveness of
cross-cultural and expatriate management, the global
convergence of accounting standards, and international
corporate governance and transparency.
Sid’s many professional engagements include serving as
a member of the National Advisory Council of the Export
Council of Australia. Sid is an elected Fellow of the Academy
of International Business and Fellow of the Academy of the
Social Sciences in Australia.
DR RICHARD SEYMOUR, DIRECTOR,
ENTREPRENEURSHIP AND INNOVATION PROGRAM
CO-DIRECTOR, ENTREPRENEURSHIP AND
INNOVATION RESEARCH GROUP
Dr Richard Seymour joined the University of Sydney in 2006,
and has been responsible for building its E&I Program into
one of the leading programs in Australia. Prior to this he
worked in the corporate, NGO and consulting sectors.
As well as having run his own business, he has over
fve years experience advising small and medium-sized
enterprises on corporate divestments, capital raisings and
cross-border transactions.
Richard’s research interests include the creative industries,
innovation and entrepreneurship (both social and business).
A few of his current research projects include defning and
measuring entrepreneurial activity (a project which includes
membership of the OECD-Eurostat Entrepreneurship
Indicators Program Steering Group) and exploring the
value created by entrepreneurial activity, including via:
technology-driven innovation, design/creativity-led
innovation, and social entrepreneurship.
He also has over 10 years experience with a number of
European, Asian and Australian organisations in the fnancial,
property, and environmental sectors.
41
PROFESSOR HANS HENDRISCHKE,
UNIVERSITY OF SYDNEY BUSINESS SCHOOL
Hans Hendrischke is professor of Chinese business and
management, University of Sydney Business School and
chair of the executive committee of the China Studies
Centre at the University of Sydney.
He was educated at universities in Germany, Taiwan and
Japan and did postgraduate research at the Contemporary
China Institute at the London School of Oriental and
African Studies.
His main research focus and publications are on emerging
local entrepreneurship and business institutions.
Professor Hendrischke leads the Business School’s
Australia China Business Network and heads a multi-year
strategic cooperation with KPMG which reports regularly
on Chinese outbound direct investment in Australia and
publishes thought leadership reports on Australia China
business relations.
MASSIMO GARBUIO, LECTURER, THE UNIVERSITY
OF SYDNEY BUSINESS SCHOOL
Dr Massimo Garbuio is a Lecturer in Entrepreneurship at
the University of Sydney. He holds a PhD from the University
of Western Australia. Previously, he was a consultant in the
area of regulatory economics and competition policy.
Dr Garbuio joined the University of Sydney in 2009.
He teaches entrepreneurship, business growth and
innovation. His research interests are in the area of strategic
decision-making, with particular focus on the psychological
aspects of strategic decisions and the management of
innovation. His research has been published in the California
Management Review and Journal of Management. Massimo
is also a member of the Strategic Management Society,
the Academy of Management, and the Design
Management Institute.
42
FACULTY STAFF
JARROD ORMISTON, SESSIONAL LECTURER/
RESEARCHER - SOCIAL ENTREPRENEURSHIP
Jarrod Ormiston is a sessional lecturer and researcher at
the University of Sydney Business School. Jarrod is the
course coordinator of Social Entrepreneurship at both
undergraduate and postgraduate level in the Business
School and he co-lectures on social entrepreneurship
in the Master of Sustainability in the Faculty of Science.
Jarrod’s action research projects include coordinating
Entrepreneurship Development Network Asia (EDNA)
workshops, encouraging impact investment in Australia
and developing the StrategicFrame impact measurement
framework in remote Australia. Jarrod is currently
completing a PhD exploring the role of impact
assessment in social.
LINH NGUYEN, VIETNAM COORDINATOR/RESEARCHER
Linh Nguyen is currently a PhD candidate at the University
of Sydney Business School and was awarded an Australian
Development Scholarship (AusAID). Prior to the University
of Sydney, Linh worked at Vietnam National University,
Hanoi - University of Economics and Business as a
lecturer and vice director of research and partnership
development. Linh has experience working in both private
and governmental organisations within education sector
for over fve years. Her research interests are in areas of
social impact measurement, social entrepreneurship and
impact investing.
43
NOAH STEWART, RARE PROGRAM
Noah Stewart is the E&I Coordinator at the University of
Sydney Business School. Additionally, Stewart is a tutor and
researcher across many of the E&I units of study ofered at
the postgraduate and undergraduate level including Social
Entrepreneurship and Entrepreneurship & Innovation Special
Project. As a certifed project manager and marketing
communications professional, he works cross-functionally
within the University and with external partners to build the
E&I Program’s visibility and reach.
Specifcally, Noah manages the RARE Program, matching
the best and brightest Business School students with
enterprises in regional Australia looking for business planning
assistance and long-term sustainability support. With
experience launching several start-ups and social ventures,
Noah understands the challenges faced by entrepreneurs
and assists RARE students with useful and viable business
planning advice.
Noah holds a Masters of Commerce from the University
of Sydney and a Bachelor Administration in Finance from
Texas A&M University.
JACQUI GILLIGAN, REGIONAL COMMUNITY RESEARCH
Jacqui Gilligan is a researcher and sessional lecturer at
the University of Sydney Business School. Jacqui’s action
research focuses on regional development and indigenous
entrepreneurship where she is working with remote and rural
communities throughout Australia to build capacity aimed
at increasing success in social and commercial enterprise
targeting regional employment, economic and social
development initiatives and opportunities.
Jacqui has worked on multiple research projects within the
Business School since 2012 including New South Wales
Aboriginal Land Council, North West Land Corporation
and Charitable Trust, Menindee and Murrin Bridge Local
Aboriginal Land Councils and The Palace Hotel, Broken
Hill. Jacqui brings over 15 years professional experience
to the Program, 10 of those in senior roles encompassing
the leadership of large-scale complex projects in a variety
of industries. Gilligan is a certifed and registered project
manager (Level 5 – AIPM) specialised in PMO leadership
and management and holds a Master of Sustainability from
The University of Sydney.
PROFESSIONAL STAFF
OUR PROFESSIONAL STAFF ARE RESPONSIBLE FOR
OUR INDIVIDUAL ACTIVITIES AND VENTURES
44
CAYETANA MARTINEZ, SYDNEY GENESIS
Cayetana Martinez joined the University of Sydney in
2012. Cayetana holds a BA in Philosophy an MA in Cultural
Management and an MA in Philosophy of History. Before
arriving to Sydney, she developed her career supporting
proft and non-proft entrepreneurs to develop their projects
in a sustainable way.
She also founded diverse associations to educate
entrepreneurs with lean and innovative methodologies.
Cayetana is developing educational programs for
entrepreneurs in Remote Australia and Asia, and will
take responsibility for growing the Genesis
Entrepreneurship Challenge.
BRONTE MORAN, ADMINISTRATION AND
EDNA OUTREACH
Bronte Moran has worked in the Discipline of International
Business since 2007. As well as supervising the
administrative team, Bronte is also responsible for managing
all administrative duties within the Discipline. Bronte
also co-ordinates workshops for local and international
delegations for the Discipline, as part of EDNA and with the
Entrepreneurship and Innovation team, and supports the
RARE program administration.
With Jarrod Ormiston, she led a workshop for Indonesian
academic support staf in Vietnam in 2013.
PROFESSIONAL STAFF
45
ABN 15 211 513 464
Produced by University Publishing Managed Service, the University of Sydney, June 2014.
The University reserves the right to make alterations to any information contained within
this publication without notice.
THE UNIVERSITY OF SYDNEY
BUSINESS SCHOOL
ENTREPRENEURSHIP & INNOVATION PROGRAM
Dr Richard Seymour
The University of Sydney
T +61 2 9036 7095
F +61 2 9036 5378
E [email protected]
sydney.edu.au/business/innovation_and_enterprise
Accredited by Australian member of
doc_726435972.pdf
This particular file examines entrepreneurship and innovation annual report 2013.
ENTREPRENEURSHIP & INNOVATION
ANNUAL REPORT 2013
ENTREPRENEURSHIP & INNOVATION
ANNUAL REPORT 2013
THE UNIVERSITY OF SYDNEY
BUSINESS SCHOOL
2
SECTION
HEADER
CONTENTS
DIRECTOR’S REPORT FOR 2013
ENTREPRENEURSHIP AND
INNOVATION (E&I) PROGRAM
RESEARCH
06 Research group
07 Academic publications,
conferences and seminars
11 Research projects
15 Visiting scholars and
research students
EDUCATION
16 Education award
22 Education ventures
29 Student-led ventures
NETWORKS & SUPPORTERS
30 Program networks - EDNA
31 Program supporters
PROGRAM FINANCES & IMPACT
32 Financial statements
34 Impact
FUTURE PLANS OF THE PROGRAM
36 Future plans and challenges
38 Get involved
PROGRAM CORE TEAM
40 Faculty
44 Professional staf
3
DIRECTOR’S REPORT 2013
Opposite: Bourke NSW - Carbon Farming Project
Growing and developing this portfolio of initiatives continues
to be an exciting challenge for our team. Megan Donnelley,
sadly for us, left to pursue her personal interests in start-ups.
Megan was responsible for the initial growth in our RARE
initiative, and will be replaced by Noah Stewart who takes
responsibility for our RARE Education Program. Also joining
the team is Cayetana Martinez who will build on Julia Kang’s
excellent part-time work for Genesis, and Jacqui Gilligan
who leads our RARE research program in remote Australia.
Assisting the full-time team have been Linh Nguyen, Melanie
Feeney, Yen Tran, and Jarrod Ormiston. This team works
closely with faculty members Professor Sid Gray, Professor
Hans Hendrischke, Dr Massimo Garbuio and members of our
EIRG and sessional staf.
Special thanks must be given to President Daw Wah
Wah Htun, Founder Daw Yi Yi Myint, and members of
the Education Committee of the Myanmar Women
Entrepreneur’s Association for their collaborations with
mentoring projects. Thanks to Daw Kyi Kyi Nyein who drove
the launch of our multi-million dollar initiative Grass-roots
Entrepreneurship Education and Pro-Poor Enterprise
Development project in Myanmar. Also, we are grateful for
the initiatives driven by academic members of EDNA in
China, India, Indonesia and Vietnam, and to the participants
in our Indigenous Business Leaders series.
We also are grateful for our wider teams of supporters,
whether from within the University or external to the
institution. Of particular note is the fnancial support received
from NSW Aboriginal Land Council, Social Enterprise Finance
Australia (SEFA), The Thyne Reid Foundation, Vincent
Fairfax Family Foundation, Livelihoods and Food Security
Trust Fund (LIFT), the Asian Islamic Development Bank, the
Department of Families, Housing, Community Services and
Indigenous Afairs (FaHCSIA), the Australian Agency for
International Development (AusAID), and our multiple
private donors.
This Annual Report sets out our mission and objectives,
reviews the education and research initiatives and impacts,
and introduces our core team. It also sets out some of our
planned activities for 2014.
We are strengthened by our successes and our supporters,
and look forward to continuing to catalyse communities of
learning in Sydney, Australia and South East Asia.
DR RICHARD SEYMOUR
Program Director, Entrepreneurship & Innovation
There is near universal recognition of the importance of
creativity, innovation and entrepreneurship for ensuring the
growth of a dynamic modern economy. Similarly, there is
growing understanding that Australia’s commercial success
will require highly innovative frms and institutions to develop
collaborative relationships with others in the region.
Our E&I Program is focused on creativity, innovation
and entrepreneurship, with particular interest in the
entrepreneurial search for value and growth through
the identifcation and exploitation of new products, new
processes and new markets.
In 2013 our core activities have grown in scope, scale
and geography. Refecting this we have consolidated our
reporting to give a more comprehensive and integrated
picture of our activity as:
RESEARCH
These initiatives seek to understand entrepreneurial activity
and its impact, and to create stronger entrepreneurial
communities. We report the work of our Entrepreneurship
& Innovation Research Group (EIRG) (which facilitates
and assists researchers though a network of scholars
and institutions), associated publications, conferences
and workshops, and key research projects. Highlights
include the growing quality and number of publications and
presentations delivered by members of the EIRG, and the
visitors from Indonesia, Vietnam, Myanmar and the region.
The scale of research projects (and associated funding)
has grown signifcantly in 2013.
EDUCATION
These initiatives include our University undergraduate
and postgraduate programs, as well as the master classes
we ofer across Australia and Asia. Highlights include the
success of the module taught in partnership with The Indian
Institute of Management, Bangalore (IIMB) which sits
within the top-ranked Global Executive MBA; the third year
of engagement with the City of Broken Hill in partnership
with Professor Michael Tawa’s students from the Faculty of
Architecture, Design and Planning; the awarded sessional
teaching undertaken by our growing team of educators; the
continued success of our Remote & Rural Enterprise (RARE)
Program and Genesis entrepreneurship competition; and,
fnally, record funding for our international activities through
our Entrepreneurship Development Network Asia (EDNA).
4
Since 2006, the E&I Program has been focused on
identifying, nurturing and strengthening entrepreneurial
communities of learning and practice. Our Program is
one of the longest running and largest in Australia, widely
recognised and respected across the region. Today, the
Business School and the University continue to generously
support our work, including signifcant contributions to our
operating and program costs.
PROGRAM MISSION & OBJECTIVES
Our E&I Program is focussing on creativity, innovation
and entrepreneurship, with particular focus on the
entrepreneurial search for value and growth through
the identifcation and exploitation of new products, new
processes and new markets.
Our mission and objectives guide our strategy, with key
geographies being the communities bordering The University
of Sydney, the remote and rural communities of Australia,
and the communities surrounding our partner institutions in
South East Asia.
RESEARCH & EDUCATION
In 2013, we reorganised our activities to clarify our
integrated Entrepreneurship and Innovation program. This
reorganisation recognised that our fundamental activities
are related to research and education. This addressed
two criticisms of our previous structure: frstly, that our
education activities were not highlighted; and secondly, that
our activities previously reported as ‘ventures’ are the glue
holding together our research and education initiatives.
As the key words – build and sustain, inspire, develop, share
and encourage – in our mission and objectives indicate,
our role as an education organisation allows us to create
and share value diferently to other stakeholders in the
entrepreneurial community.
E&I Research includes the work of our E&I Research Group
(which facilitates and assists researchers though a network
of scholars and institutions), associated publications,
conferences and workshops, and sets out key research
initiatives. Research initiatives are focused on understanding
entrepreneurial activity and its impacts, as well as creating
stronger entrepreneurial communities through research
and education.
E&I Education includes both our award-teaching within the
University, as well as the master classes we ofer across
Australia and Asia. We are seeking to link these teaching and
learning initiatives with our research (and vice versa), and
our engaged ventures are a major part of that link. These
engaged ventures include Remote & Rural Enterprise
(RARE) research and student projects, Genesis
entrepreneurship competitions for students, and our
Entrepreneurship Development Network Asia (EDNA)
research and education projects.
THE PROGRAM
ENTREPRENEURSHIP & INNOVATION PROGRAM MISSION & OBJECTIVES
MISSION To build and sustain a leading learning community in entrepreneurship and innovation education
in Australia and its region.
OBJECTIVES 1. Inspire and educate
entrepreneurial leaders.
2. Develop respected
and infuential
entrepreneurship research
projects and initiatives.
3. Share and showcase
entrepreneurship
research and experience.
4. Encourage
entrepreneurial and
engaged communities
of learning.
5
There are many defnitions of ‘entrepreneur’ and
‘entrepreneurship’. Our E&I Program is built around
the understandings implicit in the OECD-Eurostat
Entrepreneurship Indicators Programme’s defnitions:
“Entrepreneurs are those persons (business owners) who
seek to generate value, through the creation or expansion
of economic activity, by identifying and exploiting new
products, processes or markets.”
“Entrepreneurial activity is the enterprising human action
in pursuit of the generation of value, through the creation
or expansion of economic activity, by identifying and
exploiting new products, processes or markets.”
AHMAD & SEYMOUR 2012
These defnitions are important, as they:
– Diferentiate entrepreneurial activity from ‘ordinary’
business activity, with an emphasis on newness:new
products, new processes and/or new markets
(hence the strong link to innovation).
– Indicate corporations and other businesses can be
entrepreneurial though only people in control and
owning organisations can be considered entrepreneurs
(hence the strong link to corporate venturing and
entrepreneurial leadership).
– Emphasise entrepreneurial action is manifested rather
than planned or intended (hence the strong emphasis
on learning by doing, whether that be our award
programs or engaged activities rather than isolated
planning and case studies).
– Do not equate activity with the formation of any
particular corporate vehicle (hence the commercial
and social entrepreneurship studies: commercial
entrepreneurial activity can harness vehicles such
as corporations, partnerships and sole traders, as
can social entrepreneurship, which may also utilise
not-for-proft vehicles).
– Incorporate economic, social and cultural value creation,
even though they occur in the context of business
activity (hence the broad contextual foci including the
creative industries, social entrepreneurship, as well as
commercial enterprise - business leaders are seeking
to learn in, not be isolated from, these diferent
settings and missions).
Sydney Genesis, Finalist Pitch
Broken Hill NSW, Rare Program Winter School project
6
ENTREPRENEURSHIP & INNOVATION
RESEARCH GROUP (EIRG)
The EIRG is a cross-disciplinary team of researchers that
focuses on business innovation and entrepreneurial ventures
and people. Members concentrate on entrepreneurship and
innovation and how they manifest in the context of new
markets, new products, and new business processes.
The EIRG recognises that the process of identifying and
exploiting new opportunities requires a number of participants
including creative individuals, entrepreneurs, businesses,
investors, educators and government agencies. The EIRG aims
to be the conduit to help members engage deeply with the
entrepreneurial community. The Research Group has as its
objectives to:
– Facilitate research into innovation and entrepreneurship
though the creation and support of a network of scholars
and institutions, and publishing the results of this research.
– Disseminate research among scholars, students and the
wider community.
This section introduces the core activities and outputs of our E&I Research initiatives.
Research activity is driven to advance knowledge, and is predominantly shared in
academic journals and conferences. Additionally, some of our research is undertaken as
‘action research’ in which the researcher is an active participant meeting the needs of
industry, entrepreneurs and other members of the community.
RESEARCH
EIRG MEMBERS
Shanie Atkinson Prof Ron Johnston Prof Alan Randall Jefrey Tobias
Prof Marian Baird Assoc Prof Olivera Marjanovic Heather Robson Dr Russell Toth
Prof Donnel Briley Assoc Prof Robin McConchie Dr Jim Rooney Dr Ranjit Voola
Assoc Prof Marylouise Caldwell Dr Jordi McKenzie Dr Maria Rumyantseva Assoc Prof Catherine Welch
Anne Dickson Prof Bruce McKern Dr Fanny Salignac Prof Chris Wright
Dr Massimo Garbuio Linh Nguyen Joe Seisdedos Dr Zhan Wu
Prof Sid Gray (Co-Director) Jarrod Ormiston Dr Sandra Seno-Alday Dr Gracy (JY) Yang
Prof Hans Hendrischke Prof Greg Patmore Dr Richard Seymour (Co-Director)
Assoc Prof Paul Henry Dr Leanne Piggott Andrew Stead
– Support, through research, the teaching and outreach
activities of the University across the region.
– Assist members securing research grants and funding.
Our members include scholars and practitioners from across
the University including the Business School, Faculty of
Engineering and IT, the Faculty of Architecture, Design and
Planning, and the Faculty of Agriculture and Environment.
Also, we involve those from outside the University.
Our EIRG was recently renamed to sit with our
overall program branding. Professor Sid Gray and
Dr Richard Seymour have led the Group since its
inception in 2007.
The Group plans to meet quarterly in 2014 to develop
collaborative projects.
7
JOURNAL ARTICLES
Connell, J. and Voola, R. (2013),
Knowledge Integration and
Competitiveness: A longitudinal study
of an industry cluster, Journal of
Knowledge Management, vol. 17, no. 2,
pp. 208-25.
Dumay, J., Rooney, J. and Marini, L.
(2013), An Intellectual Capital-based
Diferentiation Theory of Innovation
Practice, Journal of Intellectual Capital,
vol. 14, no. 4, pp. 608-33.
Hewerdine, L. and Welch, C. (2013),
Are International New Ventures Really
New? A process study of organizational
emergence and internationalization,
Journal of World Business, vol. 48, no.
4, pp. 466-77.
Kang, H., Leung, S., Morris, R. and Gray,
S. J. (2013), Corporate Governance and
Earnings Management: An Australian
perspective, Corporate Ownership &
Control, vol. 10, no. 3, pp. 95-113.
Krug, B. and Hendrischke, H. (2013
forthcoming), China’s Institutional
Architecture: A new institutional
economics and organization theory
perspective on the links between local
governance and local enterprises, Asia
Pacifc Journal of Management.
Kumar, V., Mudambi, R. and Gray, S. J.
(2013), Internationalization, Innovation
and Institutions: The 3 I’s Underpinning
the Competitiveness of Emerging
Market Firms, Journal of International
Management, vol. 19, no. 3, pp. 203-6.
Marjanovic, O. and Roztocki, N. (2013),
Creativity, Coordination and Knowledge
Co-Creation on a Global Scale - The
Process Perspective, Journal of
International Technology
and Information Management,
vol. 22, no. 1, pp. 43-63.
Nyberg, D., Spicer, A. and Wright,
C. (2013), Incorporating Citizens:
corporate political engagement
with climate change in Australia,
Organisation, vol. 20, no. 3, pp. 433-53.
O’Mahoney, J., Heusinkveld, S. and
Wright, C. (2013), Commodifying
the Commodifers: The impact
of procurement on management
knowledge, Journal of Management
Studies, vol. 50, no. 2, pp. 204-35.
Rooney, J. (2013), Alternative
Representation of Management Control
Design: An empirical exploration
and critical analysis, Australasian
Accounting Business and Finance
Journal, vol. 7, no. 4, pp. 81-96.
Rooney, J. and Cuganesan, S. (2013),
The Control Dynamics of Outsourcing
Involving an Early-Stage Firm,
Accounting and Business Research, vol.
43, no. 5, pp. 506-29.
Toth, R. (2013), Dissertation Abstract:
The Dynamics of Entrepreneurial
Human Capital, Bulletin of Indonesian
Economic Studies, vol. 49, no. 1,
pp. 115-116.
Toth, R. (2013), Do Community-
sanctioned Social Pressures Constrain
Microenterprise Growth? Evidence
from a framed feld experiment,
Journal of the Japanese and
International Economies.
Toth, R. (2013), Review of:
‘MoneyLenders to Microfnance:
Southeast Asia’s credit revolution in
institutional, economic and cultural
perspective’, Bulletin of Indonesia
Economic Studies, vol. 49, no. 1,
pp. 123-124.
Wright, C. and Gliding, P. (2013),
Imagining the Climate Crisis and the
Great Disruption: An interview with Paul
Gilding, Organization, vol. 20, no. 5,
pp. 757-66.
Wright, C. and Mann, M. (2013), Future
Imaginings and the Battle over Climate
Science: An interview with Michael
Mann, Organization, vol. 20, no. 5,
pp. 748-56.
Wright, C., Nyberg, D., De Cock, C. and
Whiteman, G. (2013), Commentary:
Voices from the Front Lines of the
Climate Wars, Organization, vol. 20,
no. 5, pp. 743-4.
Wright, C., Nyberg, D., De Cock, C.
and Whiteman, G. (2013), Future
Imaginings: Organizing in response to
climate change, Organization, vol. 20,
no. 5, pp. 647-58.
Zhan, W. and Chen, R. (2013), Dynamic
Capability and IJV Performance: The
efect of exploitation and exploration
capabilities, Asia Pacifc Journal of
Management, vol. 30, no. 2, pp. 601-32.
BOOKS & BOOK CHAPTERS
Hendrischke, H. (2013),
‘Institutional Determinants of the
Political Consciousness of Private
Entrepreneurs’ in Middle Class China:
Identity and Behaviour, ed. Minglu
Chen & David S G Goodman, Edward
Elgar Publishing, Cheltenham, United
Kingdom, pp. 135-48.
Marjanovic, O. (2013), ‘Organizational
Design of Innovative Education –
Insights from a Combined Design and
Action Research Project’ in Design
Science at the Intersection of Physical
and Virtual Design: 8th International
Conference, DESRIST 2013, Helsinki,
ACADEMIC PUBLICATIONS, CONFERENCES & SEMINARS
Relevant research outputs published by members
of the EIRG are set out below according to type of
publication or conference.
8
Finland, June 2013 - Proceedings, ed.
Jan vom Brocke, Riitta Hekkala, Sudha
Ram & Matti Rossi, Springer-Verlag,
Berlin, Germany, pp. 212-27.
Ormiston, J. and Seymour, R. G. (2013),
‘Measuring Performance in Social
Entrepreneurship: Are Mission, Strategy
and Measurement Aligned?’ in Social
Entrepreneurship: How Business Can
Transform Society- Volume 3, ed.
T. Lyons, Praeger/ABC-CLIO, Santa
Barbara, United States, pp. 63-79.
REPORTS
Charlton, K., Donald, S., Ormiston, J.
and Seymour, R. G. (2013), ‘Impact
Investments: Perspective for Australian
Superannuation Funds’, University of
Sydney, Australia.
Hendrischke, H. and Ferguson,
D. (2013), ‘Demystifying Chinese
Investment in Australia: Update - March
2013’, Report to KPMG, Australia.
CONFERENCES
Balnave, N., Hallikainen, P., Marjanovic,
O. and Patmore, G. (2013), ‘Social
Media Use in Australian Co-operatives:
Current Applications and Future
Opportunities’, Australia-Italy
Comparative Co-operative Symposium,
University of Sydney, Australia, 26 July.
Dickson, A. ‘Do Companies Rated as
Leaders in Environmental Reporting
have Lower Greenhouse Gas
Emissions?’, Working paper presented
to CES Summer School – July 20101,
Coimbra, Portugal.
Dow, D., Liesch, P., Welch, C. and
Welch, L. (2013), ‘Resistance to Change
of State in the Internationalisation
Process Model’, Australia and New
Zealand International Business Academy
ANZIBA Conference 2013 – New
Insights into Operating Across Borders:
From Traditional to Emerging Markets,
Sydney, Australia, 18 - 20 April.
Garbuio, M., Mascia, D. and Morandi,
F. (2013), ‘The Source-dependence
Efect of the Information: When
better decision-making comes from
unscheduled group meetings’, XIV
Workshop dei Docenti e dei Ricercatori
di Organizzazione Aziendale WOA 2013
– Organizing in turbulent times: the
challenges ahead, Rome, Italy,
30 - 31 May.
Gray, S. J. and Takchi, C. (2013),
‘Experiential Knowledge and the
Internationalisation Process: The
Case of the Australia and New
Zealand Banking Group’, Academy of
International Business Annual Meeting
AIB 2013 – ridging the Divide: Linking
IB to Complementary Disciplines and
Practice, Istanbul, Turkey, 3 - 6 July.
Hendrischke, H. and Li, W. (2013),
‘Chinese Outbound Direct Investment
In Australia – Characteristics and
Integration’, 7th China Goes Global
Conference, Bremen, Germany,
25 - 27 September.
Henry, P. and Caldwell, M. (2013),
‘Neoliberalism and Structural Violence
in Developing Countries: The case of
the Cambodian education market’,
Proceedings of the 38th Annual
Macromarketing Conference, Toronto,
Canada, 4 - 7 June.
Hewerdine, L., Rumyantseva, M. and
Welch, C. (2013), ‘Does Speed Matter?
The Internationalisation of High-Tech
SMEs Reconsidered’, Academy of
International Business Annual Meeting
AIB 2013 – Bridging the Divide: Linking
IB to Complementary Disciplines and
Practice, Istanbul, Turkey, 3 - 6 July.
Keethipala, C., Voola, R. and Amirafr,
S. (2013), ‘Social justice as an
Ethical Framework for the Base
of the Pyramid’, Social Business is
Good Business Conference, Anadolu
University, Turkey, 30 - 31 May.
Kriz, A., Welch, C. and Voola, R.
(2013), ‘Dynamic Capabilities and
Internationally-active High-tech
SMEs: A critique and proposed future
research agenda’, Australia and New
Zealand International Business Academy
ANZIBA Conference 2013 – New
Insights into Operating Across Borders:
From Traditional to Emerging Markets,
Sydney, Australia, 18 - 20 April.
Krug, B. and Hendrischke, H. (2013),
‘Market Design in Chinese Market
Places’, 25th Annual Conference of
the Society for the Advancement of
Socio-Economics SASE 2013 – States
In Crisis, Milan, Italy, 27 - 29 June.
Marjanovic, O. (2013), ‘Organisational
Design of Innovative Education –
Insights from a Combined Design and
Action Research Project’, Proceedings
of the 8th International Conference on
Design Science Research in Information
Systems and Technology DESRIST 2013
- Design Science at the Intersection of
Physical and Virtual Design, Helsinki,
Finland, 11 - 12 June.
Marjanovic, O. (2013), ‘Sharing and
Reuse of Innovative Teaching Practices
in Emerging Business Analytics
Discipline’, Proceedings of the 46th
Hawaii International Conference on
System Sciences HICSS-46 2013,
Wailea, Hawaii, United States,
7 - 10 January.
Marjanovic, O. and Roztocki, N. (2013)
‘The Current Research Landscape
of Crowdsourcing: Implications for
Emerging Economies’, Proceedings
of the 2nd International Conference
on ICT Management for Global
Competitiveness and Economic Growth
in Emerging Economies ICTM 2013,
Wroclaw, Poland, 16 - 17 September.
Murthy, V. and Marjanovic, O. (2013)
‘Understanding a Transformation
Process from Product-centric
to Customer-centric Services in
a Financial Institution – A Work
System Perspective’, 3rd Australasian
Symposium on Service Research
and Innovation ASSRI 2013, Sydney,
Australia, 27 - 29 November.
Mutlu, C., Zhan, W. and Peng, M.
(2013) ‘Competing In (and out of)
Transition Economies’, Academy of
International Business Annual Meeting
AIB 2013 – Bridging the Divide: Linking
IB to Complementary Disciplines and
Practice, Istanbul, Turkey, 3 - 6 July.
Ormiston, J. (2013), ‘Assessing Impact
and Performance in Social Investment:
An approach to facilitating cross-
sector collaboration’, 2013 Research
Colloquium on Social Entrepreneurship,
Oxford, United Kingdom, 22 - 25 July.
Ormiston, J. and Seymour, R. (2013),
‘Managing Multi-sector Collaboration in
Social Investment: The afect of diverse
approaches to impact assessment’,
9
4th EMES International Research
Conference on Social Enterprise, Liege,
Belgium, 1 - 4 July.
Ormiston, J. and Seymour, R. (2013),
‘The Emergence of Social Investment
as a ‘Moral System of Exchange’:
The Australian experience’, 4th EMES
International Research Conference on
Social Enterprise, Liege, Belgium,
1 - 4 July.
Rooney, J. (2013), ‘Prosocial Behaviour
and the Mitigation of Risk: An
exploration of individual calculation and
decision-making judgment’, 36th Annual
Congress of the European Accounting
Association EAA 2013, Paris, France,
6 - 8 May.
Salignac, F., Seymour, R. G. and Khan,
A. (2013), ‘A Systems Approach
to Addressing Financial Exclusion:
Australian Case Studies’, 3rd Annual
Australasian Business Ethics Network
(ABEN) Conference - “Managing Ethics
on the Edge”, Hobart, Australia,
2 - 3 December.
Seno-Alday, S. (2013), ‘Capturing
Location Information in a Measure of
Internationalisation’, 27th Australian and
New Zealand Academy of Management
Conference ANZAM 2013 - Managing
on the Edge, Hobart, Australia,
4 - 6 December.
Seno-Alday, S. (2013), ‘Measuring
Market-Seeking Internationalization and
its Impact’, 39th European International
Business Academy EIBA Annual
Conference, Bremen, Germany,
12 - 14 December.
Seymour, R. G. and Ormiston, J.
(2013), ‘Understanding Uncertainty,
Risk and Loss in the Context of Social
Entrepreneurship: Exploring how
hermeneutic phenomenology could
advance social entrepreneurship
research’, ICRODSC Workshop on Risk,
Melbourne, Australia, 5 - 6 December.
Seymour, R. G., Dickson, A. and
Ormiston, J. (2013), ‘Workshop:
How to measure a social enterprise’s
impact’, Measuring Social Outcomes
Conference, Sydney, Australia,
13 - 14 February.
Seymour, R. G., Ormiston, J. and
Dickson, A. (2013), ‘Exploring the
Relationships between Social Impact
Assessment, Strategy, Practitioners,
and Praxis’, 25th Annual Conference
of the Society for the Advancement of
Socio-Economics SASE 2013 – States
In Crisis, Milan, Italy, 27 - 29 June.
Seymour, R., Bar-Ziv, M., Ormiston,
J. and Quin, J. (2013), ‘Using the
StrategicFrame to Understand,
Measure and Report the Impact of
Remote and Indigenous enterprise’,
Australasian Evaluation Society 2013
International Conference – Evaluation
Shaping a Better Future, Brisbane,
Australia, 4 - 6 September.
Sridharan, S., Voola, R., Voola, A. and
Shah, A. (2013), ‘Food Freedom and
Food Well-being in Poverty: Towards
a Transformative Consumer Research
Perspective’, Australia New Zealand
Marketing Academy Conference 2013,
Auckland, New Zealand, 1 - 4 December.
Styles, C. and Voola, R. (2013),
‘International Entrepreneurial Culture,
Business Adoption and International
Performance: Qualitative fndings’,
Australia New Zealand Marketing
Academy Conference 2013, Auckland,
New Zealand, 1 - 4 December.
Wright, C. and Nyberg, D. (2013),
‘Creative Self-destruction and the
Political Myths of Corporate Responses
to Climate Change’, 29th European
Group for Organisational Studies
Colloquium EGOS 2013 - “Bridging
Continents, Cultures and Worldviews”,
Montreal, Canada, 4 - 6 July.
Yang, J. Y. and Ketencioglu, E. (2013),
‘The Impact of Market Dynamism on
Exploitative and Competitive Capital
Allocation: A dynamic capability
perspective’, 27th Australian and New
Zealand Academy of Management
Conference ANZAM 2013 – Managing
on the Edge, Hobart, Australia,
4 - 6 December.
Eden NSW, Bundian Way project
Bourke NSW, BioEnergy Carbon Farming project
10
RESEARCH SEMINARS
Our workshop programs for 2013 were
focused on entrepreneurship in the
creative and social contexts.
Vivid Festival of Light Music and Ideas
Sydney, May 2013
As part of the Vivid Sydney festival, we ran a workshop on
measuring impact in the creative industries. The workshop
focused on how creative enterprises can understand,
measure and report the diferent ‘types’ of value they
generate and exchange. Presented by Dr Richard Seymour,
Anne Dickson and Jarrod Ormiston, the workshop was
attended by leaders from the creative industries, the social
sector, government representatives, impact analysts,
academics and students.
The event provided an overview of our StrategicFrame
approach to understanding, measuring and reporting impact.
Engaging with the StrategicFrame provided a framework for
creative enterprises to conceptualise, report and improve the
value they deliver.
The workshop included a panel discussion with Siena
Balakrishnan of Milk Crate Theatre and Robyn Ayres of Arts
Law, the leaders of two enterprises that have utilised our
approach to measuring impact.
How to measure a social enterprise’s impact
Sydney, February 2013
In February, we held a workshop at the Measuring Social
Outcomes Conference in Sydney. The workshop was
presented by Dr Richard Seymour, Jarrod Ormiston and Anne
Dickson and attended by leaders from government, charities,
and social enterprises across Australia.
The workshop explored our StrategicFrame approach to
measuring and developing a social enterprise’s impact.
Participants were presented with practical insights on
how to integrate the StrategicFrame into their organisations’
measurement activities. Discussion focused on the
complexities of impact measurement and the tensions
arising from engaging with multiple users, audiences,
purposes and expectations. The workshop provided
attendees with an approach to impact measurement that
moved away from a linear (inputs to outputs) focus, to a
dynamic learning approach to support better management
and strategy and ensure mission driven outcomes are having
a distinctive impact.
Social Enterprise in Australia
Hanoi, Vietnam, November 2013
In November 2013, the E&I Program led a workshop in
collaboration with the University of Economics & Business,
Vietnam National University in Hanoi, entitled ‘Social
enterprise in Australia’. The workshop was attended by social
entrepreneurs, social investors, government representatives,
academics and students.
This workshop explored the Entrepreneurship & Innovation
Program, EDNA, social enterprise models in Australia,
social fnance and social beneft bonds. The workshop
was instrumental in setting up new collaborations with
Vietnamese social enterprises that will be piloted in 2014.
Also during this visit, Jarrod Ormiston conducted a public
lecture on ‘Redefning business’ at the Vietnam Women’s
Academy, a public university in Hanoi, Vietnam. First year
students from business administration and social work
attended the interactive lecture to learn about social
entrepreneurship and the Entrepreneurship and Innovation
Program in Sydney.
Vivid Sydney, Impact Measurement Workshop
11
RESEARCH PROJECTS
UNDERSTANDING ENTREPRENEURIAL ACTIVITY
This research stream is focused on understanding what
entrepreneurial activity is, where it occurs, and how to
better identify and study the activity.
OECD-Eurostat Entrepreneurship Indicators
Programme (EIP) project
The OECD-Eurostat Entrepreneurship Indicators
Programme (EIP) develops policy-relevant and
internationally-comparable indicators, based on an
analytical model and measurement infrastructure
that allow gathering comparable data.
The EIP continues to develop its publications and
engagements. The OECD Entrepreneurship Indicators
Steering Group (EISG), represented by Richard Seymour,
brings together entrepreneurship policy experts and those
responsible for producing the pertinent data in national
Statistics ofces.
In 2013, under the direction of the EISG, the latest
publication of Entrepreneurship at a Glance was
released, further adding to the signifcant list of
publications and reports.
Informal Economies
In the context of informal, or unincorporated, enterprises,
our challenge is to understand how entrepreneurs identify
opportunities, develop enterprises and create and capture
value. The majority of this work is undertaken in the
form of case studies (with a forthcoming publication of
Entrepreneurial Women in Asia documenting many of these
ventures), but also under the umbrella of a massive research
project linked to our education program in the region.
Over the next three years we will be collecting data from
over 10,000 entrepreneurs and hundreds of mentors
in Myanmar. The resulting intelligence will deepen our
understanding of the unincorporated sector and inform
other research and education programs across the region.
The local implementation of the education program is lead
by EDNA Myanmar Co Ltd. Daw Kyi Kyi Nyein is leading
scores of employees managing operations, education, and
program improvement.
UNDERSTANDING IMPACT
OF ENTREPRENEURIAL ACTIVITY
The second stream of research focuses on understanding
the impact of entrepreneurial activity. This impact could be
in the form of the social, economic, cultural or environmental
value created (or destroyed) by enterprises, the outcomes
of the focussed activity of impact investing, and enterprise
value creation in remote Australia.
StrategicFrame
Our research and endeavour focusing on the development
and reporting of social enterprise and the measurement
of impact of entrepreneurial activity continued to deepen
and broaden during 2013 with our ongoing utilisation
and development of the StrategicFrame impact
measurement framework.
Our research has shown that measurement frameworks
often ignore the perspectives of entrepreneurs, clients,
benefciaries or participants, and end up presenting
incomplete, condescending or objectifying data. They often
aim to assist employees as an important management
tool but end up being an onerous and restrictive reporting
regime. They typically promise supporters or funders
transparency and rich information but end up being
comparative lists and rankings.
We have enhanced our understanding of how the
StrategicFrame can be used as a powerful organising
framework, bringing the locus of understanding and
measurement back to the enterprise and its benefciaries.
It explicitly privileges understanding and recognises the
enterprise mission and the situation in which the enterprise
operates (i.e. the benefciaries and what needs to change);
it can include subjective as well as objective indicators of
activity and performance, considering value in broader terms
than pecuniary equivalents and processes of reduction; and
signifcantly, it requires managers to refect and adjust their
enterprise over time.
We continue to lead research and outreach activities to
develop and refne this practical framework, and have
utilised the StrategicFrame in a variety of organisations
across multiple sectors during the year (e.g. healthcare,
government, community services, community arts). This
has allowed us to refne both our theory and practice whilst
building capacity and understanding, growing our network,
and assisting social enterprises to understand their impact
through a holistic, enterprise-lead approach.
12
Impact Investing
As part of our research agenda focused on investing
in entrepreneurs, we engaged in a study on impact
investing - investments made with the intention of
generating measurable social and environmental impacts
alongside a fnancial returns. The research explored how
impact investments could be added to the investment
portfolios of a range of Australian investors including
institutional investors, charitable foundations and high
net worth individuals.
A major initiative was led by Kylie Charlton from Unitus
Capital in conjunction with Scott Donald from Herbert
Smith Freehills and Jarrod Ormiston and Richard Seymour
from the Entrepreneurship and Innovation Program.
The frst report Impact Investments: Perspectives
for Australian Superannuation Funds was released in
October 2013 and included international case studies
on impact investing with insights from Christian Super,
Investing4Growth, J.P. Morgan, PGGM and TIAA-CREF.
The second report focused on impact investing for
charitable trusts and foundations will be released in
March 2014, with various dissemination activities
planned for the frst half of 2014.
The research was jointly funded by The Ian Potter
Foundation, The University of Sydney Business School,
Macquarie Funds Group, Macquarie Group Foundation,
Herbert Smith Freehills, and Evans & Partners.
Enterprise Value Creation in Remote Australia
In 2013, we completed Stage 1 of our collaborative
research project entitled ‘Enterprise Value Creation in
Remote Australia’, delivered in partnership with the
Desert Peoples Centre (DPC) and funded by the
Northern Territory Government.
The project focused on increasing our understanding
of value creation and impact (social, economic, cultural
and natural) of remote enterprises by accessing
multiple perspectives.
The enterprises we engaged with included:
– Western Desert Dialysis Nganampa Walytja Palyantjaku
(renal dialysis health care service)
– Tangentyere Design (architectural practice)
– CAT FAB (metal fabrication start-up)
– Desert Garden Produce (bush food horticulturalists)
– Arid Lands Environment Centre (environmental services)
– Waltja Tjutangku Palyapayi (social services).
Our fndings from our initial engagements with these
enterprises revealed varying levels of interest in engaging
with impact assessment practices. Some enterprises felt
that there was a great potential in developing formal impact
assessment practices in order to attract funding and/or
validate their value creation strategy. Other enterprises
did not see an immediate need to formalise any impact
assessment practices as this was perceived as an activity
that would get in the way of ‘doing business’. Our initial
discussions with these enterprises suggested that
reporting to government constituted their only formal
impact measurement practice and this was viewed as a
contractual obligation.
This has served our ongoing eforts to comprehend the feld
of impact and value measurement and focus the range of
methods and approaches to suit the needs of enterprises
operating in remote Australia, with special reference
to social and Indigenous enterprise. Drawing on the
extensive critiquing of previously dominant approaches and
frameworks, this project has helped shape an approach now
being tested and improved in a range of contexts across
Australia, including our focus area in central Australia.
CREATING STRONGER
ENTREPRENEURIAL COMMUNITIES
Our third stream of research is focused on better
understanding how to encourage entrepreneurial activity
throughout our region. In 2013, multiple research projects
were completed with many more underway in regional
Australia and across Asia.
RARE Research
The Remote and Rural Enterprise (RARE) Program focuses
on research and student learning (profled in E&I Education).
RARE’s mission is to raise the entrepreneurial capabilities of
students in a way that benefts remote and rural enterprises
and their communities. The RARE Program aims to:
– Participate in the initiation and development of sustainable
business activity in remote and rural Australia.
– Facilitate the development of relationships that enhance
mutual social and cultural respect and awareness.
– Provide a platform for engaged-practice enabling students
to apply their knowledge and skills in a challenging context
and learn from experience.
– To initiate and enrich relationships that will support
teaching, research and outreach activity in remote
and rural Australia.
13
In early 2013, the E&I Program turned its attention to the
unique challenges faced by communities when seeking to
create and lead enterprises as a collaboration or collective.
Community-based enterprises frequently emerge as a
representation of – or solution to – broad community or
social needs not being met in a particular geography or
situation. While entrepreneurship and enterprise are not
without seemingly unending hurdles, the added overlay
of social demand and the community leadership model
presents a particular challenge to those seeking cooperation
of communities towards a common goal.
The goal of the research is to better engage with Australia’s
remote and rural entrepreneurs in support of their goal
for regional economic and social development, increased
employment opportunities and educational participation.
The RARE Research Program ofers research backed
services and support to regional and remote communities to
assist at any stage on their journey towards achieving their
particular communities’ goals.
During 2013, our RARE Research Projects have been
immersed in this entrepreneurship in action research.
By ofering our support and assistance to a number of
Indigenous social enterprises throughout remote Australia,
we aim to increase our understanding and ability to assist
in the cultivation of entrepreneurial environments for
constrained communities.
ENTERPRISE PROJECT FOCUS
New South Wales Aboriginal
Land Council
Strategy & business planning: supporting 17 Local Aboriginal Land Councils with their claim on four rural
properties through the collaborative development of evidence based business, environmental and social
strategies and plans targeting economic viability alongside regionalised community development and social
impact programs.
North West Land
Corporation & Charitable
Trust
Enterprise development, governance and partnership building: collaborating with the Board of Directors of
the North West Land Trust, a regional Indigenous corporation and trust targeting regionalised engagement,
economic and enterprise development and increased education and employment participation and success
rates, to assist in their incorporation and launch strategy and in supporting and advocating on their behalf
in their search for opportunities and aligned partnerships.
Menindee Local Aboriginal
Land Council
Enterprise planning and prioritisation: working with the Board of Directors of the Aboriginal Land Council
in Menindee to assist in their strategic prioritisation and reinvigoration of their rural property business and
action plan.
Murrin Bridge Local
Aboriginal Land Council
Capacity audit, sustainable economic and social development and governance planning: working with
representatives of the Board of Directors of the Murrin Bridge Aboriginal Land Council to assist in their
strategic decision making and ongoing operating plan in relation to their claim on a income producing rural
property near Lake Cargelligo in regional NSW.
North West Land
Corporation
‘Green’ economy opportunity and partnership exploration: working with 17 Aboriginal communities across
north western NSW to seek employment creation opportunities through the application of green economy
to their land regeneration challenge, providing a combined carbon farming and employment program
feasibility study applicable for use as model to replicate over numerous rural properties across the State.
New South Wales Aboriginal
Land Council (NSWALC) &
Social Enterprise Finance
Australia (SEFA)
Enterprise Development Workshop Series: In collaboration with NSWALC and SEFA, a workshop series
was launched to specifcally target the needs of regional community enterprise leaders in the early start-
up stage of enterprise development, seeking opportunities to accelerate Indigenous social enterprises
through the enterprise start-up and debt readiness process.
RARE Research Projects during 2013
14
RARE Research continued
Our Australian research projects have focused on number
of regional, community-led, enterprise activities targeting
education and employment building opportunities in regional
areas. The research projects have allowed us to work closely
alongside community leaders to deepen our understanding
of the challenges facing regional and remote communities
and to explore the critical factors inhibiting entrepreneurial
and economic development activity in these areas.
The projects have covered research themes such as:
improving enterprise and education access and
success rates in remote communities; strategic and
sustainable business planning in community led social
enterprises; governance and leadership challenges
facing community led enterprise; seeking and securing
regional economic development opportunities through
partnership building; seeking enterprise development and
employment creation opportunities by blending a land
regeneration challenge with the green energy and
carbon economies.
The tangible outcome of this research has been a
number of reports and papers created in collaboration
with community leaders of the respective research project
sites. Additionally, we have deepened our relationships
with communities allowing researchers to ofer ongoing
implementation support and encouragement whilst
gaining longitudinal insights into the outcomes associated
with the implementation of research related fndings
and recommendations.
This regional development research program closely aligns
with the Rural and Remote Enterprise (RARE) teaching
program and allows us opportunities to share insights
and learning with students whilst growing our impact,
understanding and networks throughout regional Australia.
Developing Grass-Roots Entrepreneurs
Our Grass-roots Entrepreneurship Education and Pro-poor
Enterprise Development, Myanmar project plans to educate
close to 10,000 entrepreneurs in Myanmar after securing
just over USD 2 million funding to be expended over the
next three years. EDNA Myanmar Co Ltd will be delivering
the project in close collaboration with the University, with
the mission to alleviate poverty by encouraging growth of
pro-poor entrepreneurial businesses through education &
business development initiatives.
The research program supporting the environmental
understanding, business development, entrepreneur
education, and program improvement is led by Dr Russell
Toth and Dr Richard Seymour.
This project builds on the recently completed research
projects associated with the AusAID funded project
developing entrepreneurial women in Vietnam. There is
a rich stream of research exploring how to educate and
support micro and small entrepreneurs.
Edna Myanmar, Grass-Roots Entrepreneurship Education and Pro-poor
Enterprise Development
Edna Workshop with UMFCCI in Mayanmar
15
VISITING SCHOLARS & RESEARCH STUDENTS
Our E&I Research program was enriched
and encouraged by visiting scholars from
across the region, and by our research
students who are completing higher
research degrees.
VISITING SCHOLARS
A number of research scholars visited the Business
School in 2013. Those with a focus on entrepreneurial
studies included the following:
Ms. Hnin Wai, Myanmar Women Entrepreneur’s
Association, Yangon
Ms. Yi Yi Myint, Myanmar Women Entrepreneur’s
Association, Yangon
In addition, we enjoyed visits from the following academics
from the University of Islamic Studies (UIN) – Sunan Ampel,
Indonesia funded by the Indonesian Government through
the Asian Islamic Development Bank.
RESEARCH STUDENTS
In 2013 the Entrepreneurship & Innovation Program
members supervised a number of research candidates
with a focus on entrepreneurship and innovation. Some
completed their research in 2013.
Completed
Sangeeta Ray, ‘Innovation strategies of pharmaceutical
companies in India’, supervised by Professor Sid Gray
and Dr Vikas Kumar.
Continuing
Anne Dixson, ‘Innovation or mediocrity? Sustainability
disclosure as a facilitator of corporate fnancial and
environmental advantage’, supervised by Professor
Chris Wright.
Linh Nguyen, ‘Culture and social impact measurement in
the social impact investment sector: multiple cases in
Australia and Vietnam’, supervised by Dr Richard Seymour
and Dr Betina Szkudlarek.
Jarrod Ormiston, ‘Assessing impact and performance in
Social Investment: Navigating diverse logics in cross-sector
collaboration’, supervised by Dr Richard Seymour and Dr
Alex Nicholls (Saïd Business School, The University
of Oxford).
Heather Robson, ‘Internationalisation and domestic policy
environments: a case study on the Australian solar industry’,
supervised by Dr Leanne Piggott and Dr Catherine Welch.
VISITING SCHOLARS FROM INDONESIA
Hilda Izzati Madjid, Faculty of Islamic Education Rakhmawati, Faculty of Islamic Education
Airlangga Bramayudha, Faculty of Communication
and Social Sciences
Nur Hidayat Wakhid Udin, Faculty of Theology and Philosophy
Akhmad Siddiq, Faculty of Theology and Philosophy Abu Fanani, Faculty of History and Literature
Fahrur Ulum, Faculty of Islamic Law and Economics Tias Satrio Adhitama, Faculty of Communication and Social Sciences
Lilik Rahmawati, Faculty of Economics Abid Rohman, Faculty of Communication and Social Sciences
H. Noor Ahmady, Faculty of Communication and Social Sciences Swi Susanto, Faculty of History and Literature
Muhdi, Faculty of History and Literature Vudi Ichwayudi, Faculty of Theology and Philosophy
Sigit Pramono Jati, Faculty of Islamic Education Professor Ahwan Mukarrom, Faculty of History and Literature
Ahmad Kemal Riza, Faculty of Islamic Law and Economics Professor Abd. A’la, Rector
16
*
IBUS 3108 Social Entrepreneurship for undergraduates will commence in 2014
**
Note that the IBUS5001 unit was a combined core for the specialisations for Strategy, Innovation and Entrepreneurship as well as International Business.
In 2013 this arrangement was changed so that each specialisation had its own unit of study as core. For the Strategy, Innovation & Entrepreneurship Unit,
IBUS5002 was created as the new core unit in 2013 and explains the drop of enrolments from 5001.
***
IBUS6011 was capped in 2013 at 50 students and will be ofered twice per year going forward
****
EMBA6004 ofcially launched in 2010 after two trial years taught within our Masters program
Our challenge is to ensure our entrepreneurship teaching and learning is informed
by practice. Engagement is at the core of our approach to education.
We are successfully applying the principles of engaged
enquiry and experiential learning in our teaching and learning
at the undergraduate and postgraduate levels, but also for
our master classes. Our E&I Education program focuses
on problem-based learning and engaged-practice whereby
students learn while supporting real businesses. It is also
closely linked to, and informed by, our research activity.
This section introduces our award education, our master
classes, and our educational Ventures that link our
research and education programs.
EDUCATION – AWARD
Our ‘award’ programs result in a degree or other formal
recognition from the University. These units and courses
have grown from just two postgraduate units of study
ofered in 2006, to 12 postgraduate, one undergraduate,
and three master classes in 2013.
EDUCATION
UNIT OF STUDY STUDENT ENROLMENTS 2006 2007 2008 2009 2010 2011 2012 2013
IBUS 3103 Global Entrepreneurship & Enterprise 41 31 71 67 55 75 48
IBUS 3106 International Business Special Project 12 9 3 2 13
IBUS 3108 Social Entrepreneurship
*
IBUS 5001 Strategy, Innovation & Global Business
**
320 316
IBUS 5002 Strategy, Innovation & Entrepreneurship 120
IBUS 5011 Foundations of Entrepreneurship 103 263 216
IBUS 6011 New Business Opportunities and Startups
***
61 36 76 125 50
IBUS 6012 Business Growth and Innovation 35 43 66 44 31 41 67 55
IBUS 6013 Business Restructuring and Renewal 21 46 19 26 28 37 27
IBUS 6014 Intellectual Property Management 17 29 55 73 59 41 16
IBUS 6015 Innovation & Enterprise Special Project 8 24 16 32 24 33 14
IBUS 6016 Social Entrepreneurship 12 15 14 38 37
IBUS 6017 Enterprise and the Creative Industries 16 14 24 19 12
MMGT 6001 Strategy & Entrepreneurship 73 71 71 94 121
BUSS 6509 Innovation & Enterprise Special Project Broken Hill 20 15
EMBA6004 Creating & Developing New Opportunities
****
15 17 16 15 19 21
SUST 6005 Sustainability, Society and Change 7 17 28
TOTAL 96 166 326 595 564 736 901 577
All these units incorporate Problem-Based Learning (PBL)
utilising authentic activities (i.e. real business problems and
contexts). We have included many scores of businesses
in our teaching, and our approach is integrally linked into
our fagship Global Executive MBA, MBA and Master of
Management programs.
EDUCATION POSTGRADUATE
As can be seen from Figure 1, the vast majority of our units
are ofered at the postgraduate level. There are a number of
important degree paths for E&I Education:
Graduate Certifcate Innovation & Enterprise
This specialist program requires students to take two core
entrepreneurship units and two electives. The course is
designed to provide students with the ability to identify
opportunities for change and innovation, and acquire
the skills necessary to develop a successful local or
international business.
Master of Commerce specialising in Strategy,
Innovation & Entrepreneurship
Students undertaking this degree/specialisation combination
can tailor their studies to gain exposure to the practical and
theoretical aspects of launching, growing and re-invigorating
a venture. The teaching is structured around engaged
practice and ‘problem-based learning’. Students can choose
up to fve of the postgraduate entrepreneurship units of
study listed in the table above.
Master of Management Units
This is a pre-experience program that equips students
with the skills and knowledge necessary for a career in
management in a chosen feld. Students work directly
with leading companies on real business problems and
the program was designed with input from leading
global corporations and business schools. There is one
entrepreneurship unit ofered as part of this program in 2013,
MMGT 6001 currently taught by Dr Massimo Garbuio.
Global Executive MBA Unit
The University of Sydney Business School has built a
world-class Global Executive MBA in collaboration with
international thought leaders to help reshape Australian
business and put the degree in the upper echelon of
excellence on the world stage. The course spans four
continents and fve countries, focuses on all aspects of a
business life cycle and challenges students in the way they
approach business. The entrepreneurship unit is delivered
in Bangalore, India, and is co-taught by Dr Richard Seymour
of Sydney, and Professor K Kumar of Indian Institute of
Management Bangalore (IIMB).
EDUCATION UNDERGRADUATE
The units of study ofered at the undergraduate level will
soon comprise three units of study. We are intentionally
limiting the number of units of study we ofer at this level
to ensure sufcient experience prior to study. It is worth
acknowledging and congratulating Dr Massimo Garbuio
in winning the Wayne Lonergan Award for Outstanding
Teaching in 2013 for his Global Entrepreneurship and
Enterprise undergraduate unit of study. The University
of Sydney award is conferred on lecturers who show
creativity and commitment to developing challenging,
engaging, relevant and even ‘fun’ learning experiences
for their students.
We have received approval for an additional unit of
study to be taught from 2014 – an undergraduate Social
Entrepreneurship unit, IBUS3108, taught by Jarrod Ormiston.
Bachelor of Commerce Units
This revitalised degree ofers core units of study that have
been designed to progressively develop knowledge and skills
throughout the duration of the program. This integrated
learning approach allows for a transition from school to
university and then to the world of business with ease. The
program also ofers fexibility to allow students to either
customise their degree to pursue a particular professional
qualifcation or explore many diferent areas to gain a broad
and versatile education.
Sessional staf
Sessional staf play a pivotal role in providing both inspiring
and educating future entrepreneurial leaders as well as
acting a conduit to disseminate our research fndings from
across Australia and SE Asia. Sessional staf come from
various backgrounds but all are experts in their respective
felds. Sessional staf in 2013 included:
– Shanie Atkinson. Background in private equity, highly
leveraged debt and corporate advisory. In 2013, Shanie
was the recipient of the Dean’s Citation for Teaching while
coordinating the Business Restructuring and Renewal
unit of study. This commendation is awarded to lecturers
who received outstanding evaluations for overall quality of
teaching as perceived by the students.
– Joe Seisdedos. Global experience protecting and
prosecuting patents with a background in nuclear physics,
detector development and complex system simulation. He is
currently working as a patent attorney.
– Bronwyn Darlington. Currently writing her PhD,
research manager at the Sustainability, Transparency
and Accountability (STAR) Lab with a background in
environmental management and sustainability.
– Peter Herbert. Has worked as a writer, producer, executive
producer and development executive for several national
and international companies. He has won Penguin Awards,
Logie Awards and Gold Records for The Comedy Company.
– Jarrod Ormiston. Currently writing his PhD, with a
background in social entrepreneurship including running
ventures in South America and Australia. Passionate about
social entrepreneurship and the impact of investing in
such enterprises.
– Dr Krisztina Molnar. With a background in strategy with
two major Australian telecommunication companies, Dr
Molnar brings a wealth of experience in strategy formulation
and development, including marketing research analytics.
– Petra Andren. Currently in charge of life sciences at
ATP Innovations, with a broad international experience
in senior strategy consulting, business development and
executive roles.
18
SAMPLE OF ENTREPRENEURSHIP
UNITS OF STUDY
New Business Opportunities and Startups
IBUS 6011:
– Bronwyn Darlington - Sustainability Transparency
Accountability Research (STAR) Lab Research
Manager and University of Sydney Sessional Lecturer
– Petra Andren - Director of Australian Technology
Park Innovations.
For small open economies such as Australia’s, new business
opportunity identifcation and exploitation are often critical
to frms’ long-term growth and survival. Identifying new
markets, developing new products and implementing new
business models are highly-regarded and valuable skills for
entrepreneurs and business managers alike. In addition to
exploring the special problems (and advantages) associated
with entrepreneurial start-ups, the unit will explore
commercialisation and corporate venturing. Topics include
opportunity recognition, strategy development, business
planning and investor documentation, venture capital and
other funding sources, as well as entrepreneurial and creative
leadership. The unit is structured around learning from
engaged practice, and requires work with start-up and early
stage businesses.
International Business Project
SMBA 6101:
– Prof Hans Henrischke - Prof of Chinese Business and
Management, Director of China Australia Business Network
– Prof Bruce McKern - Prof of International Business and
Co-Director of the China Europe International Business
School (CEIBS).
The International Business Project unit is a two-week
intensive international module designed for MBA students
to study and work in a diferent country. Common themes
addressed include leadership and management challenges
of entering new markets, managing across cultures and
regulatory environments, identifying and realising new
opportunities and management and coordination challenges
in multinational frms. In 2013, students traveled to Shanghai
to help Chinese companies engage with Australia. These
hands-on consulting projects enable students to use their
own work experience to provide advice on how to best
approach the Australian market.
Intellectual Property Management
IBUS 6014:
– Joe Seisdedos - WRAYS Principal Patent Attorney,
Advisory Committee member for AusMedTech.
Intellectual property (IP) represents the property of your
mind, intellect, and proprietary knowledge. This unit ofstudy
will covers the concept of IP, how to identify and protect it
in a local and international context, creating the conditions
to encourage and leverage IP in a commercial context, how
to manage a portfolio of IP, and enforcement scenarios. The
unit concentrates on how to utilise IP to create, control and
exchange value, with particular attention paid to the practice
of open innovation.
Enterprise & The Creative Industries
IBUS 6017:
– Peter Herbert - Lecturer, Writer and Producer, Head of
Drama and Head of Producing at Australian Film Television
and Radio School.
The creative industries include architecture, design,
flm, television, music, the performing arts, advertising,
publishing and the visual arts. This unit explores enterprise
development in these industries. Topics include the
creative entrepreneur, leveraging copyright, business model
innovation in the creative industries, and the opportunities
(and dangers) of the new digital economy. The unit is
structured around learning from engaged practice, and
requires work with businesses in the creative industries.
Broken Hill Architecture & Business Unit
BUSS 65098:
– Professor Michael Tawa, Architecture, Design and Planning
– Dr Richard Seymour.
Business and architecture students and staf returned
to Broken Hill to expand on the previous year’s work
transforming the community’s old power station. This visit
included the additional challenge of reinvigorating the Argent
Street precinct of Broken Hill’s city centre. 15 students
formed two cross-disciplinary teams that gained regular
support and feedback from the Broken Hill City Council and
locals. Each group presented one master plan and business
plan for their selected project, with a focus on ofering
holistic and sustainable business solutions to the Broken Hill
City Council and businesses.
19
EDUCATION
Top: Broken Hill NSW, Business and Architecture students, Bottom: Bangalore India, 2013 Executive MBA students
E&I EDUCATION – MASTER CLASSES
Our master classes are purposefully diferentiated from our
award-teaching program, as they do not result in a degree
or other formal recognition from the University. In our
master classes, we include executive education, specialist
workshops, and our ambitious program educating
Asian entrepreneurs.
Executive Education – Indigenous Business Leaders’
Enterprise Development Seminars
In 2013, we launched a workshop series for Indigenous
business leaders, arranged in collaboration with New South
Wales Aboriginal Land Council (NSWALC) and funded by
Social Enterprise Finance Australia (SEFA) and the University
of Sydney Business School. The workshop series, which
began in Sydney in late 2013 and will continue in Dubbo
in 2014, focus on the challenges faced by the leaders of
targeted Indigenous social enterprises and aim to accelerate
Local Aboriginal Land Council (LALC) backed enterprises
through the debt readiness process.
Eight participants from three remote Australian communities,
attended the frst workshop, held in Sydney, which focused
on entrepreneurship, strategy, leadership and the key factors
to successful business start-up. The group then engaged
in a participative, learning focused, business planning
activity where the E&I team guided and mentored each
enterprise group through the core business concepts whilst
brainstorming and workshopping their specifc business plans
into a practical, visual, take-home business start-up toolkit.
This ‘community of learning’ approach enabled the sharing of
ideas, challenges and opportunities within enterprise teams
as well as between enterprise leaders, and gave participants
the opportunity to inspire each other in a creative and
protected environment.
Follow-up workshops will be held in Dubbo in early 2014
with a second cohort of Indigenous business leaders from
rural NSW.
Executive Education – EDNA Workshops
In 2013, we further developed our international activities
through our EDNA workshops focused on entrepreneurial
capacity building. Two 10-day workshops were developed for
staf and faculty from the University of Islamic Studies (UIN)
- Sunan Ampel, Indonesia. The workshops were funded
by the Indonesian Government through the Asian Islamic
Development Bank.
The frst workshop was held in Hanoi, Vietnam in November
in collaboration with our colleagues at the University
of Economics and Business at the Vietnam National
University (UEB-VNU). Sixteen administrative staf from
across all faculties at UIN – Sunan Ampel attended the
‘Entrepreneurship, Creativity and Innovative Thinking for
Administrative Staf’ workshop. The aim of this workshop
was to develop administration personnel in entrepreneurship,
creativity and innovative thinking. The workshop focused
on building the capacity of the participants to support
entrepreneurship initiatives at UIN - Sunan Ampel to assist
UIN in realising its mission to become the premier Islamic
entrepreneurial university in Indonesia.
The second workshop was held at the University of Sydney
in December. Sixteen academics from across all faculties at
UIN – Sunan attended the workshop, titled Entrepreneurship
and Innovation: Teaching, Research and Ventures. The
workshop aimed to build the participants’ academic capacity
and individual skills to deliver entrepreneurship teaching,
research and venture activities. Following the workshop, the
academics returned to Surabaya with the goal of transferring
the knowledge learned in this workshop to their students
and colleagues in Surabaya, Indonesia.
UIN - Sunan Ampel has shown strong support for the
resulting recommendations collaboratively developed in
both of these workshops. We trust these initiatives will
have continued support as they have been well received by
students and faculty in Indonesia.
20
21
EDUCATION
Enterprise Development - Grass-Root Entrepreneurship
Education and Pro-Poor Enterprise Development
Our Grass-root Entrepreneurship Education and Pro-poor
Enterprise Development, Myanmar project plans to educate
close to 10,000 entrepreneurs in Myanmar after securing
just over USD 2 million funding over three years commencing
in 2014.
Our mission is to alleviate poverty by encouraging growth of
pro-poor entrepreneurial businesses through education and
business development initiatives. Our objectives are to:
– Grow a cohort of entrepreneurship mentors/trainers able to
inspire and educate.
– Grow a cohort of entrepreneurs to be inspired and
capable entrepreneurial leaders.
– Grow a group of proftable, sustainable and
employing Enterprises.
– Grow EDNA into a proven, respected and scalable
social enterprise.
E&I staf have supported this project with the creation
of educational materials through EDNA Myanmar. These
materials – based on Myanmar stories, local case studies
and basic business knowledge – will shape the core of
the lessons of the program, focus on supporting small and
medium entrepreneurs.
Over three months, EDNA Myanmar will train local mentors
(young graduates working in the communities) on these
materials. These mentors will then train four cohorts of
15 entrepreneurs. The training will focus on functional
knowledge (business content such as fnance, marketing,
etc.), communicative knowledge (facilitation, presentation
and communication skills, etc.) and emancipatory knowledge
to grow their confdence and make them stronger
entrepreneurial leaders and people.
Mentors will then work with entrepreneurs over a year long
period. For the frst fve months, the entrepreneurs will meet
weekly to study the teaching materials. This will support the
entrepreneurs as they articulate their business models. In the
second half of the training there will be mentoring sessions
focussing on improving the business.
EDNA Myanmar, Grass-Root Entrepreneurship
EDNA Vietnam, Collaborative Workshop
22
SYDNEY GENESIS
Sydney Genesis is the University of Sydney’s start-up
competition for students from any background who are
passionate about their ideas in business, technology or
social entrepreneurship. It was launched in 2008 and allows
students to bring their ideas to life through workshops,
mentoring, networking, funding and prizes.
Each year, we receive over 80 entries and 10 teams are
selected to compete in the fnals. Finalist teams compete
for a range of cash prizes and, more importantly, in-kind
support from top intellectual property and consulting
frms to kick start their ideas.
This entrepreneurial journey has four major objectives:
– To extend and enhance the University’s entrepreneurship
teaching and networks at all levels from undergraduate
students to executive education.
– To assist research into entrepreneurial learning to inform
teaching programs and meet the challenges of industry,
the government and the broader community.
– To provide practical networking opportunities and
bridge the gap between students and entrepreneurial
communities, both locally and abroad.
– To support and develop promising new ventures and
world-changing ideas.
Sydney Genesis has grown thanks to managers, sponsors,
mentors, lecturers and students’ hard and passionate work.
Sydney Genesis, in addition to the funding received by the
Business School, is generously funded by private donors
and organisations. In the last six years, we have given more
than $30,000 in cash (0% equity) to young and passionate
entrepreneurs to start their businesses.
EDUCATION VENTURES
These ventures are the glue that link our teaching and research activities. Major
initiatives include the Sydney Genesis entrepreneurship and business planning
competition, our RARE Program, and support for Student Ventures encouraging
entrepreneurial students.
These initiatives focus on the geographies of Sydney, Australia, and South East Asia.
TECHNOLOGY OR FOR PROFIT STARTUPS
SmarterHospital
SmarterHospital is an innovative task
management solution that increases efciency
and the quality of patient care within hospitals
and signifcantly reduces patient health care
and hospital running costs
Sweet Pi
SweetPi is an e-learning tool that helps
struggling high school students learn
mathematical concepts using
interactive animations that simplify
challenging concepts
Basil
Basil makes web development better
by letting you quickly build powerful and
interactive websites in an easy to use
browser application
Crowder Bring experiences to life, stress free
Edisse
The Edisse watch is an automatic panic button
in the form factor of a watch for the elderly
JobGPS Career Navigation for Graduates
SOCIAL OR NON PROFIT STARTUP
Enable Vision
Enable Vision provides self-adjustable
vision correction glasses to children in the
developing world
Green Spark
Join the green home revolution! Increase
the value of your property by showing
prospective buyers and tenants the
energy efciency of your home
Promise or Pay
Promise or Pay motivates people to do
the things they most want to do with
their lives, while creating a more engaging
and empowering way for individuals to
donate to charities that are making a real
The Oyster Bean Co
The Oyster Bean Co grows fresh certifed
organic oyster mushrooms, using waste
cofee grounds from local cafes
Who Gives A social network for student volunteers
Sydney Genesis 2013 Finalists
23
SYDNEY GENESIS WINNERS & PRIZES 2013
Best business or technology start up
$3,000 cash (0% equity taken) and 6 months’ membership to
The Virtual Ofce from Servcorp, valued at $2500 Prize
Split prize:
Smarter Hospital
Sweet Pi
Enable Vision
Best social or non for proft start up
$3,000 cash (0% equity taken) and 6 months membership to
The Virtual Ofce from Servcorp, valued at $2500 Prize
Enable Vision
Best Branding Opportunity
(in kind marketing consultancy services ofered
by Through the Cloud valued in $1,500)
Sweet Pi
ATP’s Successful innovation Workshop (Five Sydney Genesis
semi-fnalists students were invited to attend this 2-day workshop.
Each ticket valued $190.)
The students accepted at that workshop were:
Anton Marinoc
Lisette van Niekerk
Peter Ashwell
Sebastian Dunn
Sebastien Maupas
Genesis 2013 Overview
Sydney Genesis was run during the second semester of
2013. All interested students could apply through an open
submission process. The application was open to any
team consisting of at least one Sydney University student,
generating an interdisciplinary and heterogeneous group from
people inside and outside Sydney University. We received
22 applications for social businesses and 50 for technology
and for-proft business. Sydney Genesis completed nine
workshops plus a fnal pitch. The main objective was to give
groups the opportunity to work together and apply business
theory and frameworks to their own businesses. From
marketing and fnance to innovation and user experience, all
areas of business were covered by professors, entrepreneurs
and a diverse range of professionals. Over the course of the
program, the network of students and speakers progressively
strengthened, creating a proactive environment where
everyone could participate and exchange ideas. It was
exciting and rewarding to see how the projects
transformed over time and morphed into feasible and
well-structured ideas.
As the fnal workshop fnished, all students sent their pitch
deck, business model canvas and landing page to the judging
panel. The judges chose 10 fnalists who had several sessions
with our mentors to improve their presentation and to
prepare the fnal pitch.
Genesis Finalists & Winners
The program came to a conclusion in October. Ten fnalists
pitched their ideas in front of a panel of 11 judges with
backgrounds in investing, entrepreneurship and start-up
incubation. The judges evaluated based on a range of criteria
including idea, project feasibility, team background and
commitment. Table 5 and 6 show 2013 winners and fnalists.
Sydney Genesis, Program Mentors
24
REMOTE AND RURAL
ENTERPRISE (RARE) PROGRAM
The RARE Program focuses on research
(profled in E&I Research) and student learning.
We connect students with remote and rural enterprises
in Australia to collaboratively complete action-research
projects. We select our best students (based on their
academic performance, experience, skills and motivations)
and match them with enterprises that require assistance
to resolve difcult problems such as business start-up,
challenges of growth, sustainability and social impact.
In 2013 we involved students studying business,
sustainability and architecture.
RARE projects aim to deliver practical and accessible
recommendations, backed by rigorous academic literature,
and market relevant data and information. Emphasis is
placed on community consultation, reviewing local markets,
researching best practice internationally and locally, and
adapting business models to suit Australia’s challenging
remote environments, and socio-cultural diferences.
Students share their skills, expertise and time with the
enterprise, while learning to manage uncertainty, multiple
stakeholder demands, and the human and economic
infuences afecting businesses. Social and cultural
empathy and respect is also developed during the
two-way learning exchanges.
RARE Projects 2013
In 2013, the RARE Program grew and expanded its reach into
remote and rural Australia. Below is an overview of RARE
projects completed in 2013. Additionally, the University of
Sydney Business School provided four $2,000 scholarships
to selected RARE Program applicants. These funds provided
tuition assistance to the best and brightest RARE students
while also providing additional incentive to apply their skills in
a real-world engagement.
Eden NSW, Bundian Way project
Katherine NT, Artback NT project
25
EDUCATION VENTURES
ENTERPRISE LOCATION PROJECT FOCUS
Bana Yarralji Bulka (BYB) Rossville, QLD
Development of an access / permit scheme to provide income and fund
employment training within the enterprise
Murrin Bridge Winery Murrin Bridge, NSW
Created a business roadmap to reinvigorate the only indigenous
community-owned winery in Australia back to operational condition
BioEnergy Bourke, NSW
Delivered a cost-efective solution to invasive native species land
management using new technologies and new markets
My Farm Shop Weston Creek, ACT
Development of a business model to connect sustainable farmers directly
to consumers including an efcient and efective transaction process
Three Sista’s Manunda, QLD
Explored new initiatives to maximise existing resources and better leverage
complimentary services in ofering safe, accessible and culturally sensitive
accommodation in the Cairns region
River Cottage Central Tilba, NSW
Analysing the regional economic impact and leverage opportunities after the
frst successful season of River Cottage Australia was flmed in Central Tilba
Walan Jineras Wollombi, NSW
Feasibility of operating Cultural Camps to increase awareness of issues
facing Aboriginal women, children and communities, and assist in the
provision of culturally appropriate response
Bundian Way Eden, NSW
Developing staf training programs, building infrastructure, and marketing
the Bundian Way - the frst Indigenous pathway to be listed on the NSW
State Heritage Register
Artback NT Borroloola, NT
Sustainability planning for an Indigneous women’s dance company looking
to continue performing across the Northern Territory and hosting a regional
festival in Borroloola.
Ungooroo Aboriginal Corporation Singleton, NSW
Growth feasibility study for the WUPA@Wanaruah art trail event located
in the Hunter Valley. Partnerships with wineries, hotel chains and corporate
sponsors were examined based on alignment with mission and resources.
Broken Hill City Council Broken Hill, NSW
Reinvigoration of the community’s old power station and city precinct
in cross-disciplinary groups including architecture and business students
RARE projects in 2013
Singleton NSW, Ungooroo Aboriginal Corporation WUPA@Wanaruah event
Mentors
The growth of RARE’s impact is dependent on the quality
of student projects, which is of particular importance as the
program grows in size. In addition to a selective application
process and academic supervision of projects, we introduced
mentors to the program in 2013. RARE students were
assigned a mentor with relevant background and experience
to provide guidance and feedback on the development of
their projects throughout the semester, complimenting that
of the academic.
The intention is to develop a community of mentors,
with a diverse membership from government, industry,
communities, not-for-profts, and foundations. The majority
of RARE enterprises are micro to small enterprises,
indigenous and social businesses.
Annual Gathering
We held our second RARE Annual Gathering in November.
The aim of the event is to provide an opportunity for RARE’s
numerous participants and supporters to meet and share
their experiences and lessons learnt. The more than 80 in
attendance represented students, industry practitioners,
academia, government, not-for-proft and remote and rural
enterprises owners. During the evening, a number of RARE
projects were showcased and presented by both RARE
students and enterprise owners such as Sue Ogilvy (founder
of My Farm Shop), John Blay (project manager of The
Bundian Way) and Litia Kirwin (RARE Student) who worked
on the River Cottage project.
26
NAME COMPANY POSITION
Maor Bar-ziv EgoNetowrk Founder
David Rickards SEFA Director
Selena Grifth
UNSW, School
of Design Social
Innovation
Senior Lecturer
Kate Carruthers
Social Innovation
Sydney
Co-founder
Kylie Charlton Unitus Capital Managing Director
Peter Bradd Fishburners CEO
Gina May Diana One Can Grow Founder
Tia Saunders Zookal Founder
Kerry Grace Evolve Network Founder
Don Palmer Malpa Project Founder
RARE Mentors 2013
Positive and valuable feedback was received from students
and enterprises across a range of impact indicators. A
sample of this feedback mapped against our objectives is
provided below. It is worth noting that while growth helps
expand our reach, it needs to be carefully managed to ensure
the value we deliver is not diluted, and resources don’t
become stretched.
Rossville GLD, Bana Yarralji Bulka project
River Cottage host Paul West and students
27
Positive and valuable feedback was received from students
and enterprises across a range of impact indicators. A
sample of this feedback mapped against our objectives is
provided below. It is worth noting that while growth helps
expand our reach, it needs to be carefully managed to
ensure the value we deliver is not diluted, and resources
don’t become stretched.
The RARE Program tracks the impact of its activities
through questionnaires, interviews and formal feedback
such as academic performance. To share some of RARE’s
amazing impact, the following quotes are ofered:
Rare Testimonials - Students
“The Community Engagement visit to Eden and
surrounds was absolutely brilliant. It created a
context and allowed a deeper understanding of
the needs, agendas and feasibility in regards to
progress and possibilities. RARE was very helpful
and within the scope of the project, it exceeded
my expectations.”
NICK HISLOP, MASTERS OF SUSTAINABILITY
STUDENT, BUNDIAN WAY
“RARE was a challenging real-world experience
which provided insight to common issues /
problems across various SMEs. Through ‘learning
by doing’ in a live context, this project was by
far the most challenging and rewarding unit of
my degree.”
LITIA KIRWIN, MASTER OF COMMERCE
STUDENT, RIVER COTTAGE, 2013
“The RARE program was real world and allowed
me to balance my theoretical learning with my
practical business experience. The project allowed
me to explore a diferent cultural perspective
and better understand social attitudes towards
indigenous communities as well as how a business
like Murrin Bridge operates in that community.”
JAMES RICKMAN, MASTERS OF ECONOMICS
STUDENT, MURRIN BRIDGE WINERY, 2013
INDICATORS 2011 2012 2013
Enterprise partners 3 12 15
Projects
*
8 23 15
Students involved
**
10 39 41
Student placements
**
11 51 44
Staf planning visits 11 13 8
RARE activity
*
For some enterprise partners we completed multiple projects.
**
Some of our students complete multiple placements. This increases
their understanding and ability to produce high quality work for our
enterprise partners.
27
Central Tilba NSW, River Cottage project
28
SECTION
HEADER
Eden NSW, Bundian Way project
Alice Springs NT, Indigenous Economic
Development Forum
RARE Testimonials - Students
“Your students have been very impressive;
intelligent, engaging and well-educated. They
have been very responsible and hard working
and are a credit to your program. They’ve
understood us, challenged us, informed us
and inspired us. We’ve learned a great deal
from them and with them.”
SUE OGILVY, CO-FOUNDER, MY FARM SHOP, 2013
“Due to the nature of the project, the feld
visit to Bourke was reasonably demanding.
However, the RARE students were very
thorough and given the time frame and
the breadth of information they had to
absorb I was pleased with their eforts.
It was refreshing to receive their input
and the program helped me to consolidate
my solutions.”
PHOEBE MAROULIS, FOUNDER, BIOENERGY, 2013
29
STUDENT-LED VENTURES
Although we do not directly manage
or run these student-led ventures,
they form an important part of the
entrepreneurial community at the
University, and we are pleased to
report their successes.
INCUBATE
The Incubate scheme is a start-up
development program open to all
students, researchers and recent
alumni of the University, which
launched this year. It is run from the
University Student Union, and has
attracted external seed funding. The
program funded eight high-potential
start-up projects with $5000 business
grants and co-working space over the
summer break, as well as mentoring
from high-profle entrepreneurs. The
program culminated in an on-campus
demonstration day during Orientation
Week in February 2013. All teams
pitch their business and progress
to investors, invited guests and
interested students.
ENACTUS
ENACTUS is an organisation managed
under the University Union, and
focuses on supporting social enterprise
activities. The Sydney Chapter has
enjoyed recognition and awards for
their projects at each of the last three
national championships.
The ENACTUS mission is “to provide
tertiary students with an opportunity to
make a diference in their communities
and to develop leadership, teamwork
and communication skills through
learning, practising and teaching the
tenets of their academic discipline to
enable others to participate more fully
and efectively in the economic and
social life of the nation”. As they do,
they develop leadership, teamwork
and communication skills to better
themselves and their communities.
The organisations’ programs run
on over 2000 campuses across
48 countries.
180 DEGREES CONSULTING
180 Degrees Consulting is an
international pro bono student
consultancy that helps non-proft
organisations to achieve a greater
social impact. Teams of university
students completing studies in relevant
felds work with non-profts to identify
and overcome specifc challenges
they face. Non-profts are assisted
in the development of innovative,
sustainable and practical solutions,
while students are able to contribute to
their communities, apply their university
studies in a practical environment,
and develop valuable life skills. The
consultancy works all over the world,
across 14 diferent countries, and three
chapters in Australia.
YOUNG ENTREPRENEURS
SOCIETY (YES)
Young Entrepreneurs Society (YES)
has a strong membership base of more
than 400 students at the University
and more than 900 members in total.
It encourages students to participate
in entrepreneurial learning and activity
across the University, organising
speakers, workshops, competitions and
other entrepreneurship events.
30
Our E&I Program networks extend beyond the University and Australia. The most
important of these is the EDNA network which focuses on South-East Asia.
Over the years we have enjoyed considerable support and engagement
to build the Program.
E&I PROGRAM NETWORKS - EDNA
Founded in 2011, EDNA has expanded from its three
founding organisations and now includes:
– The University of Sydney Business School, Australia
– Indian Institute of Management, Bangalore India
– University of Economics and Business at
Vietnam National University, Hanoi, Vietnam
– Vietnam Women’s Academy, Hanoi, Vietnam
– University of Battambang, Cambodia
– Zhejiang University, Hangzou China
– The National University of Laos
– University of Islamic Studies (UIN),
Sunan Ampel, Surabaya Indonesia
– Chiba University of Commerce, Tokyo Japan.
The membership creates a community of leading scholars,
educators and practitioners in this feld. The regional focus
will include all countries in the Asian region.
Members share:
– A focus on teaching entrepreneurship and innovation.
– The desire and ability to become leading
research institutions
– An interest in signifcant outreach activity such as
enterprise incubators, enterprise support, and
student competitions
– Recognition as leading institutions in their
respective countries.
NETWORKS & SUPPORTERS
OF OUR E&I PROGRAM
Eden Myanmar
Broken Hill, NSW
31
PROGRAM SUPPORTERS
8/3 Employment Service Center, Haiduong Vietnam RARE partner for Winter School projects
The Australian Agency for International Development (AusAID) Guest lecture partner
Australian Centre for Innovation, Australia Guest lecture partner & previous fnancial supporter
ATP Innovation, Australia Research and RARE Program partner
Broken Hill City Council, Australia
Partner Institution - Grass-Root Entrepreneurship Education & Pro-Poor
Enterprise Development
Centre for Social Impact, Australia RARE intermediary and fnancial supporter
CVC Limited, Australia Partner Institution - developing Supporting Technologies
Desert peoples Centre at Centre for Appropriate Technology Supported EDNA Learning Program
Dahrma School (Bogalay), Myanmar Partner Institution - Developing Entrepreneurial Women
Department of Families, Housing, Community Services and
Indigenous Afairs (FaHCSIA)
Partner Institution - Developing Entrepreneurial Women
Freie Universität Berlin (Free University of Berlin), Germany Previous supporter - EDNA Learning Program
Graduate School of Government, The University of Sydney Partner Institution - EDNA Learning Program
Hanoi Business Association, Vietnam Partner Institution - EDNA Learning Program & Global EMBA
Hanoi Association for Entrepreneur Women (HNEW), Vietnam Financial Supporter EDNA Learning Program
Hans Seidel Foundation, Myanmar
Partner Institution - Grass-Root Entrepreneurship Education
& Pro-Poor Enterprise Development
University of Islamic Studies (UIN) –Sunan Ampel, Indonesia
Partner Institution - Grass-Root Entrepreneurship Education
& Pro-Poor Enterprise Development
Indian Institute of Management, Bangalore Partner Institution - Developing Entrepreneurial Women
Islamic Development Bank
Partner Institution - Grass-Root Entrepreneurship Education
& Pro-Poor Enterprise Development
Lotus Foundation, Myanmar Financial supporter - RARE
Moving Forward Together, Myanmar
Financial supporter – StrategicFrame & Partner in
sourcing RARE enterprises
Myanmar Women Entrepreneurs Association
Partner Institution - Grass-Root Entrepreneurship Education
& Pro-Poor Enterprise Development
Patriotic Association of Myanmar Partner Institution in Developing Entrepreneurial Women
Thyne Reid Foundation, Australia
Partner Institution - Developing Entrepreneurial Women
& EDNA Learning Program
Social Enterprise Finance Australia (SEFA) Partner Institution - EDNA
Synergy Networks, Myanmar Financial Supporter - RARE
University of Battambang, Cambodia Partner Institution in Supporting Technologies
Vietnam National University - University of Economics
& Business (VNU-UEB)
Supported Entrepreneurship & Innovation Program with legal advice
Vietnam Women’s Academy, Vietnam Partner Institution in Developing Entrepreneurial Women
Vincent Fairfax Family Foundation, Australia Vincent Fairfax Family Foundation
VIVID Festival of Ideas Partner Institution in Supporting Technologies
WRAYS, Australia Supported Entrepreneurship & Innovation Program with legal advice
SUPPORTERS OF OUR E&I PROGRAM
Without the support of our many partners in the region, the E&I Program would not be evident.
32
PROGRAM FINANCES
TREASURER’S REPORT
The E&I Program continues to demonstrate strong fnancial
health, and had success with raising funds externally and
internally in 2013. External fund raising remains key for the
continued success of the Programs, to ensure sufcient
project resourcing. Attaining the 3-year LIFT Grant had a
large positive impact for 2013, and will continue for the
remainder of the grant.
Funds tied to specifed activity includes:
– LIFT: USD 2 million project, majority spend in USD
– NT Government: Project will be completed in early 2014
– MERCK Foundation: completed and fully acquitted in 2013
– Vietnam AusAID: a joint project lead by Professor Paul
Henry and Associate Professor Marylouise Caldwell in
Cambodia and Dr Richard Seymour in Vietnam,
Projects completed in 2013
– ENACTUS: project will continue with funds.
MERCK: refers to funding received from Merck Foundation, Ofce of Corporate Philanthropy.
EIRG: Entrepreneurship & Innovation Research Group, kindly supported by the University of Sydney Business School.
EIRG replaces the combination of the EXCHANGES and GENERAL projects from the 2012 Annual Report.
IMPACT Investing: new program funded by Ian Potter Foundation, Macquarie Group Foundation, Herbert Smith Freehills,
Evans & Partners and the University of Sydney Business School
Strategic Frame: funding does not refect the larger NT Government grant that was shared with our research partner the Desert Peoples Centre
RARE: Remote and Rural Enterprise supports rural Australia entrepreneurship activity
EDNA: Entrepreneurship Development Network Asia supports South East Asia entrepreneurship
FINANCIAL STATEMENTS
RESEARCH
MERCK IMPACT INVESTING STRATEGIC FRAME RARE EDNA EIRG* TOTAL
SEFA NT GOVERNMENT
OPENING BALANCE 33,228 0 18,869 9,091 0 0 2,256 63,444
INCOME
Faculty / USYD Fund 305 10,000 0 0 20,000 30,000 18,845 79,150
External Income 0 25,000 0 0 78,622 10,000 7,460 121,082
TOTAL INCOME 305 35,000 0 0 98,622 40,000 26,306 200,232
EXPENDITURES
Salary and Wages 27,959 15,611 14,488 3,500 69,706 26,388 10,592 168,244
Travel Related Cost 169 0 354 0 0 0 2,086 2,609
Student Related Cost 0 0 0 0 0 0 0 0
Other cost 5,405 2,920 4,027 738 0 0 312 13,402
TOTAL EXPENDITURES 33,533 18,531 18,869 4,238 69,706 26,388 12,990 184,255
CLOSING BALANCE 0 16,469 0 4,853 28,916 13,612 15,572 79,421
33
* ENACTUS: previously reported as SIFE
** EDNA Master Class: referred to as ‘REGION’ in 2012 Financial Statements
Broken Hill, NSW.
EDUCATION
RARE GENESIS ENACTUS* MENTORS LIFT EDNA** GENERAL TOTAL GRAND TOTAL
VIETNAM MWEA MYANMAR EDUCATION
RESEARCH &
EDUCATION
OPENING BALANCE 99,297 10,517 13,099 21,657 0 0 19,972 14,334 178,875 242,319
INCOME
Faculty / USYD Fund 15,000 32,000 0 0 0 0 30,000 8,158 85,158 164,308
External Income 80,169 0 500 0 50,000 468,410 30,681 0 629,759 750,841
TOTAL INCOME 95,169 32,000 500 0 50,000 468,410 60,681 8,158 714,917 915,149
EXPENDITURES
Salary and Wages 55,948 25,783 0 8,859 0 25,098 67,534 964 184,186 352,430
Travel Related Cost 17,118 0 0 4,477 5,486 301 8,863 1,164 37,409 40,018
Student Related Cost 20,097 18,496 12,889 0 0 0 0 1,081 52,563 52,563
Other cost 2,513 0 0 8,321 0 4,419 1,773 8,131 25,157 38,559
TOTAL EXPENDITURES 95,676 44,279 12,889 21,657 5,486 29,818 78,169 11,340 299,314 483,570
CLOSING BALANCE 98,789 (1,762) 710 0 44,514 438,592 2,483 11,152 594,478 673,899
INDICATORS 2011 2012 2013
Enterprise partners 3 12 15
Projects
*
8 23 15
Students involved
**
10 39 41
Student placements
**
11 51 44
Staf planning visits 11 13 8
34
IMPACT
As introduced earlier, the E&I Program is focused on creativity, innovation and
entrepreneurship, with particular focus on the entrepreneurial search for value and
growth through the identifcation and exploitation of new products, new processes
and new markets.
Our mission and objectives guide our strategy, with key geographies being the
communities bordering The University of Sydney, the remote and rural communities
of Australia, and the communities surrounding our partner institutions in South East Asia.
Below, we ofer the following indicators of impact against our stated objectives.
We are collecting substantial data as we deliver these initiatives and will report
comprehensive impacts in our 2014 Annual Report.
Remote and Rural Enterprise (RARE) Program
*
For some enterprise partners we completed multiple projects.
**
Some of our students complete multiple placements. This increases
their understanding and ability to produce high quality work for our
enterprise partners.
OBJECTIVE 1
INSPIRE & EDUCATE ENTREPRENEURIAL LEADERS
Sydney Genesis Program
“If you are thinking of starting a business,
Sydney Genesis is your competition.”
ADAM LONG, FORMER SYDNEY GEN
ESIS CONTESTANT
“Sydney Genesis is a great platform to see
how far to push your projects.”
TOMAS LEG, SYDNEY GENESIS CONTESTANT
“The best part of the program are the
workshops… Receiving advice and meeting
amazing entrepreneurs.”
GEORGIA KIA, SYDNEY GENESIS 2012 WINNER
AND SYDNEY GENESIS 2013 MANAGER
Remote and Rural Enterprise Program Students
“The Community Engagement visit to Eden and
surrounds was absolutely brilliant. It created a
context and allowed a deeper understanding of
the needs, agendas and feasibility in regards to
progress and possibilities. RARE was very helpful
and within the scope of the project, it exceeded
my expectations.”
NICK HISLOP, MASTERS OF SUSTAINABILITY
STUDENT, BUNDIAN WAY
“RARE was a challenging real-world experience
which provided insight to common issues /
problems across various SMEs. Through ‘learning
by doing’ in a live context, this project was by
far the most challenging and rewarding unit of
my degree.”
LITIA KIRWIN, MASTER OF COMMERCE
STUDENT, RIVER COTTAGE, 2013
“The RARE program was real world and allowed
me to balance my theoretical learning with my
practical business experience. The project allowed
me to explore a diferent cultural perspective
and better understand social attitudes towards
indigenous communities as well as how a business
like Murrin Bridge operates in that community.”
JAMES RICKMAN, MASTERS OF ECONOMICS
STUDENT, MURRIN BRIDGE WINERY, 2013
35
INDICATOR 2013
# Publications / Books / Reports 24
# Conference 29
# Workshops / Seminars Hosted in Australia
& SE Asia
7
FUNDERS & RESEARCH PARTNERS
Business School, University of Sydney
Vivid Sydney, Destination NSW
NSW Aboriginal Land Council
Social Enterprise Finance Australia
The Thyne Reid Foundation
Vincent Fairfax Family Foundation
Livelihoods and Food Security Trust Fund (LIFT)
Asian Islamic Development Bank
Department of Families, Housing, Community Services and
Indigenous Afairs (FaHCSIA)
Australian Agency for International Development (AusAID)
OBJECTIVE 2
DEVELOP RESPECTED & INFLUENTIAL
ENTREPRENEURSHIP RESEARCH
PROJECTS & INITIATIVES
INDICATOR 2013
Research Students 6
Visiting Scholars 20
StrategicFrame Clients 9
OBJECTIVE 3
SHARE & SHOWCASE ENTREPRENEURSHIP
RESEARCH AND EXPERIENCE
OBJECTIVE 4
ENCOURAGE ENTREPRENEURIAL AND ENGAGED
COMMUNITIES OF LEARNING
The activities of the E&I Program are focused on three
geographical areas: Sydney, remote and rural Australia and
South East Asia. Programs that encourage entrepreneurial
and engaged communities of learning in the Sydney region
include Sydney Genesis, master classes and the Vivid
Sydney showcase. Our second area of focus is remote and
rural Australia. The RARE Program has created several
hubs of entrepreneurial activity including Far North
Queensland, Central Northern Territory and the far south
coast of NSW. Additionally, we hosted and facilitated
several Indigenous business leaders seminars to encourage
sustainable economic growth within these hubs. Finally, we
continue to develop our relationships with universities and
entrepreneurship organisations in South East Asia
through the membership of EDNA. In 2013, we commenced
the Myanmar grass-roots entrepreneurship education
program, hosted workshops for visiting scholars from
Vietnam and Indonesia, and continued our Executive MBA
unit of study in India.
Enterprises
“Your students have been very impressive;
intelligent, engaging and well-educated. They
have been very responsible and hard working
and are a credit to your program. They’ve
understood us, challenged us, informed us and
inspired us. We’ve learnt a great deal from them
and with them.”
SUE OGILVY, CO-FOUNDER, MY FARM SHOP, 2013
“Due to the nature of the project, the feld visit to
Bourke was reasonably demanding. However, the
RARE students were very thorough and given the
time frame and the breadth of information they
had to absorb I was pleased with their eforts.
It was refreshing to receive their input and the
program helped me to consolidate my solutions.”
PHOEBE MAROULIS, FOUNDER, BIOENERGY, 2013
36
We are growing the E&I Program’s impact
as well as reach. Some of this will come
from existing initiatives, others from
new undertakings.
SYDNEY GENESIS FUTURE PLANS 2014
In order to continue ofering engaging and improved services
to our students and the innovation and entrepreneurship
community, we will run Sydney Genesis twice a year, from
2014 (March to May and September to November). We will
focus on growing and fostering three initiatives:
ONLINE EDUCATION AND FLIPPED
CLASSROOM APPROACH
Since 2014, all lessons will be recorded and available for free.
Having this material beforehand, will allow students to come
prepared to workshops, which will increase focus on their
own project and how the learned content applies to it. We
will also provide better-integrated Sydney Genesis materials,
embracing collaboration among University of Sydney
departments, academics and entrepreneurs.
NETWORKS AND PARTNERSHIPS
Sydney Genesis will create new partnerships and
strengthen existing relationships with companies, think
tanks, entrepreneurship and innovation platforms that are
passionate about young entrepreneurs’ projects. Although
Sydney Genesis is a business competition, we do not leave
anyone behind: through our networks and partnerships we
will fnd opportunities for every participant, whether they
become a fnalist or not. Sydney Genesis can be the starting
point for every entrepreneurial journey!
FUTURE PLANS AND
GETTING INVOLVED
INTERNATIONALISATION
Sydney Genesis is run from the University of Sydney
Business School Entrepreneurship and Innovation Program.
As part of this Program, one of our missions is to bring
entrepreneurial activity out of Sydney and embed it within
other universities. Our frst stop will be in Yangon: due to
our tight collaboration with the EPP Program (English for
Professional Purposes) at the University of Yangon (see
EDNA Myanmar), we will start Yangon Genesis in 2015,
launching young Myanmar entrepreneurs’ start ups.
RARE FUTURE PLANS 2014
The Remote and Rural Enterprise (RARE) Program continues
to play a large role in our entrepreneurship education eforts,
and we are excited to bring on three new initiatives in 2014
that will enhance overall outcomes and take RARE into new
uncharted territory:
ADVISORY TRAINING AND CULTURAL
SENSITIVITY WORKSHOPS
A common thread in feedback forms from enterprise owners
and students alike is the desire to provide students with
additional training beyond the unit of study before visiting
project sponsors onsite/on-country. In 2014 in conjunction
with the Sydney Genesis Program, we will ofer Advisory
Training and Cultural Sensitivity Workshops. These
additional learning opportunities will be geared towards
students looking to become more efective consultants in
preparing to assist commercial/social and Indigenous/
non-Indigenous enterprises.
Eden NSW, Bundian Way project
EXPANSION OF MENTOR COMMUNITY
The RARE Program successfully piloted the incorporation of
mentors with our Social Entrepreneurship unit of study. In
2014, we will build on this success and ofer more students
the opportunity to work with experts in the entrepreneurship
space from across the industry, non-proft, foundation and
government sectors. The student/mentor relationship not
only fosters better student deliverables for the enterprises
we assist, but acts as another way to build and interact with
our network.
PILOT RARE INTERNATIONAL
The RARE Program is run from the University of Sydney
Business School’s Entrepreneurship & Innovation Program.
As part of this Program, one of our missions is to bring
entrepreneurial activity out of Sydney and embed it within
other universities. In 2014, we will pilot RARE International,
providing student placement scholarships in Vietnam and
Indonesia to partner and assist with start-up enterprises.
Enterprises will be chosen with assistance from EDNA
member universities and foster greater collaboration of
entrepreneurship theory and practice.
DEVELOP RARE RESEARCH PROGRAM
In 2014, the RARE Research program aims to strengthen
existing community relationships and grow the breadth
and depth of engagement within the communities we
are currently working. We hope to continue to be invited
to engage with and support these and other regional
communities in such a way that we can support them
to meet their community visions and goals in the
broadest sense.
We aim to continue work with the NSW Aboriginal Land
Council network within regional NSW, with the goal of
exploring and better understanding the economic, social
and educational development opportunities available to the
Aboriginal people of our greater region. By engaging and
collaborating with local Aboriginal people in our research
we hope to learn together and begin to understand the
economic and social context; jointly seek opportunities
for engagement and through ‘doing’ build capabilities,
strengthen leadership and ignite inspiration to actively and
sustainably engage in the network being created.
Our longer-term goal is to expand our reach and impact
by ofering our support and services to other regional
communities, and in so doing, increase our ability to share
our learning and stimulate connections more broadly
throughout our networks.
Western Creek ACT, My Farm Shop project
38
NEW INITIATIVES
We are also seeking to initiate a number of new activities.
TRAVELLING UNI
Remote and rural Australians, their enterprises and
communities face unique challenges and opportunities.
We know of the challenges posed by poor infrastructure,
small markets, lack of capabilities, and distance. But we
also know of the associated richness in country, culture,
passion and community. For many years we have been
engaged with local communities and entrepreneurs through
our Entrepreneurship & Innovation (E&I) Program at the
University of Sydney Business School.
Our E&I Education Program is recognised as a success.
However, to date our focus has been on engaging our
students and researchers with the region, not on
engaging the region’s most talented people as our
students and researchers.
We see the need and demand to expand our learning
community to include talented and passionate people who
are unable or unwilling to leave their home for many months
of study in Sydney, or who might never have the opportunity
to visit a University campus.
We believe fexible, remote delivery of high quality
entrepreneurial training is required, and can be delivered.
This is our Travelling Uni. The Travelling Uni will deliver the
University’s Business School’s Graduate Certifcate
in Innovation and Enterprise in remote communities.
This course has a long tradition of providing pragmatic,
problem-based learning for diverse cohorts of students
(most with no formal business education).
EXEC-ED FOR ASIA
We will seek to further develop our executive education
activities and look forward to initiating a number of programs
with our EDNA partners. This work will include ofering joint
classes with international partner organisations in which local
Sydney students can sit in the same class as students in,
say, Yangon, Hanoi or Surabaya. It will also include ofering
executive education programs at multiple campuses across
the region.
DEVELOPING ENTREPRENEURSHIP IN LATIN
AMERICA (DELA)
In November 2013, Jarrod Ormiston visited Santiago,
Chile and Buenos Aires, Argentina to establish a series of
collaborations focused on developing social entrepreneurship
in Latin America. This new initiative will seek to strengthen
links between the E&I Program and counterparts in Latin
America. It seeks to replicate the success of our work in Asia
through EDNA. Relationships have been established with
Pontifcia Universidad Católica de Chile (Pontifcal Catholic
University of Chile) and the University of San Andrés in
Buenos Aires. Strong links were also established with the
Chilean Government and various NGOs in both countries. In
2014, several new initiatives will be piloted including capacity
building workshops and joint student projects focused on
social entrepreneurship.
GET INVOLVED
Getting involved in the E&I Program, whether teaching or
research, is easy with a variety of activities and numerous
avenues needing support. Each activity delivers unique
outcomes in diverse settings to which you can align your
particular objectives.
We are keen for your involvement. If you are a student,
consider taking one of our entrepreneurship units of study,
participating in the RARE or Genesis programs, join a
student-led organisation such as ENACTUS or 180 Degrees
Consulting, or begin a research opportunity.
If you are a funder or supporter, there are many ways you
can become involved with the E&I program. Below is a
list of examples:
– Guest lecturer
– Workshop leader
– Mentoring
– Judging panel
– Provide consulting projects
– Provide research setting
– Financial support
– Advisory support.
Participation in the E&I Program has many benefts and
rewards such as staf development through mentoring and
guest speaking, student brand recognition and engagement,
recognition in thought-leadership, access to research
outcomes, network building through the University’s
numerous partnerships, etc. If interested, please contact
Richard Seymour, Director of the E&I Program.
EDNA Mayanmar
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Top: EDNA Indonesia, Bottom: EDNA Mayanmar
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PROGRAM CORE TEAM
OUR CORE TEAM CONSISTS OF
FACULTY AND PROFESSIONAL STAFF
PROFESSOR SID GRAY, CO-DIRECTOR,
ENTREPRENEURSHIP AND INNOVATION
RESEARCH GROUP
Sid Gray is Professor of International Business at
the University of Sydney. He is currently Chair of the
International Business group and is a founder and
Co-Director of the Entrepreneurship and Innovation
Research Group. He has a Bachelor of Economics
(Honours) degree from the University of Sydney and a
PhD from the University of Lancaster. He was recently
awarded an honorary Doctor of Laws by Kwansei Gakuin
University in Japan.
His research interests include internationalisation and
entrepreneurship processes, the efectiveness of
cross-cultural and expatriate management, the global
convergence of accounting standards, and international
corporate governance and transparency.
Sid’s many professional engagements include serving as
a member of the National Advisory Council of the Export
Council of Australia. Sid is an elected Fellow of the Academy
of International Business and Fellow of the Academy of the
Social Sciences in Australia.
DR RICHARD SEYMOUR, DIRECTOR,
ENTREPRENEURSHIP AND INNOVATION PROGRAM
CO-DIRECTOR, ENTREPRENEURSHIP AND
INNOVATION RESEARCH GROUP
Dr Richard Seymour joined the University of Sydney in 2006,
and has been responsible for building its E&I Program into
one of the leading programs in Australia. Prior to this he
worked in the corporate, NGO and consulting sectors.
As well as having run his own business, he has over
fve years experience advising small and medium-sized
enterprises on corporate divestments, capital raisings and
cross-border transactions.
Richard’s research interests include the creative industries,
innovation and entrepreneurship (both social and business).
A few of his current research projects include defning and
measuring entrepreneurial activity (a project which includes
membership of the OECD-Eurostat Entrepreneurship
Indicators Program Steering Group) and exploring the
value created by entrepreneurial activity, including via:
technology-driven innovation, design/creativity-led
innovation, and social entrepreneurship.
He also has over 10 years experience with a number of
European, Asian and Australian organisations in the fnancial,
property, and environmental sectors.
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PROFESSOR HANS HENDRISCHKE,
UNIVERSITY OF SYDNEY BUSINESS SCHOOL
Hans Hendrischke is professor of Chinese business and
management, University of Sydney Business School and
chair of the executive committee of the China Studies
Centre at the University of Sydney.
He was educated at universities in Germany, Taiwan and
Japan and did postgraduate research at the Contemporary
China Institute at the London School of Oriental and
African Studies.
His main research focus and publications are on emerging
local entrepreneurship and business institutions.
Professor Hendrischke leads the Business School’s
Australia China Business Network and heads a multi-year
strategic cooperation with KPMG which reports regularly
on Chinese outbound direct investment in Australia and
publishes thought leadership reports on Australia China
business relations.
MASSIMO GARBUIO, LECTURER, THE UNIVERSITY
OF SYDNEY BUSINESS SCHOOL
Dr Massimo Garbuio is a Lecturer in Entrepreneurship at
the University of Sydney. He holds a PhD from the University
of Western Australia. Previously, he was a consultant in the
area of regulatory economics and competition policy.
Dr Garbuio joined the University of Sydney in 2009.
He teaches entrepreneurship, business growth and
innovation. His research interests are in the area of strategic
decision-making, with particular focus on the psychological
aspects of strategic decisions and the management of
innovation. His research has been published in the California
Management Review and Journal of Management. Massimo
is also a member of the Strategic Management Society,
the Academy of Management, and the Design
Management Institute.
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FACULTY STAFF
JARROD ORMISTON, SESSIONAL LECTURER/
RESEARCHER - SOCIAL ENTREPRENEURSHIP
Jarrod Ormiston is a sessional lecturer and researcher at
the University of Sydney Business School. Jarrod is the
course coordinator of Social Entrepreneurship at both
undergraduate and postgraduate level in the Business
School and he co-lectures on social entrepreneurship
in the Master of Sustainability in the Faculty of Science.
Jarrod’s action research projects include coordinating
Entrepreneurship Development Network Asia (EDNA)
workshops, encouraging impact investment in Australia
and developing the StrategicFrame impact measurement
framework in remote Australia. Jarrod is currently
completing a PhD exploring the role of impact
assessment in social.
LINH NGUYEN, VIETNAM COORDINATOR/RESEARCHER
Linh Nguyen is currently a PhD candidate at the University
of Sydney Business School and was awarded an Australian
Development Scholarship (AusAID). Prior to the University
of Sydney, Linh worked at Vietnam National University,
Hanoi - University of Economics and Business as a
lecturer and vice director of research and partnership
development. Linh has experience working in both private
and governmental organisations within education sector
for over fve years. Her research interests are in areas of
social impact measurement, social entrepreneurship and
impact investing.
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NOAH STEWART, RARE PROGRAM
Noah Stewart is the E&I Coordinator at the University of
Sydney Business School. Additionally, Stewart is a tutor and
researcher across many of the E&I units of study ofered at
the postgraduate and undergraduate level including Social
Entrepreneurship and Entrepreneurship & Innovation Special
Project. As a certifed project manager and marketing
communications professional, he works cross-functionally
within the University and with external partners to build the
E&I Program’s visibility and reach.
Specifcally, Noah manages the RARE Program, matching
the best and brightest Business School students with
enterprises in regional Australia looking for business planning
assistance and long-term sustainability support. With
experience launching several start-ups and social ventures,
Noah understands the challenges faced by entrepreneurs
and assists RARE students with useful and viable business
planning advice.
Noah holds a Masters of Commerce from the University
of Sydney and a Bachelor Administration in Finance from
Texas A&M University.
JACQUI GILLIGAN, REGIONAL COMMUNITY RESEARCH
Jacqui Gilligan is a researcher and sessional lecturer at
the University of Sydney Business School. Jacqui’s action
research focuses on regional development and indigenous
entrepreneurship where she is working with remote and rural
communities throughout Australia to build capacity aimed
at increasing success in social and commercial enterprise
targeting regional employment, economic and social
development initiatives and opportunities.
Jacqui has worked on multiple research projects within the
Business School since 2012 including New South Wales
Aboriginal Land Council, North West Land Corporation
and Charitable Trust, Menindee and Murrin Bridge Local
Aboriginal Land Councils and The Palace Hotel, Broken
Hill. Jacqui brings over 15 years professional experience
to the Program, 10 of those in senior roles encompassing
the leadership of large-scale complex projects in a variety
of industries. Gilligan is a certifed and registered project
manager (Level 5 – AIPM) specialised in PMO leadership
and management and holds a Master of Sustainability from
The University of Sydney.
PROFESSIONAL STAFF
OUR PROFESSIONAL STAFF ARE RESPONSIBLE FOR
OUR INDIVIDUAL ACTIVITIES AND VENTURES
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CAYETANA MARTINEZ, SYDNEY GENESIS
Cayetana Martinez joined the University of Sydney in
2012. Cayetana holds a BA in Philosophy an MA in Cultural
Management and an MA in Philosophy of History. Before
arriving to Sydney, she developed her career supporting
proft and non-proft entrepreneurs to develop their projects
in a sustainable way.
She also founded diverse associations to educate
entrepreneurs with lean and innovative methodologies.
Cayetana is developing educational programs for
entrepreneurs in Remote Australia and Asia, and will
take responsibility for growing the Genesis
Entrepreneurship Challenge.
BRONTE MORAN, ADMINISTRATION AND
EDNA OUTREACH
Bronte Moran has worked in the Discipline of International
Business since 2007. As well as supervising the
administrative team, Bronte is also responsible for managing
all administrative duties within the Discipline. Bronte
also co-ordinates workshops for local and international
delegations for the Discipline, as part of EDNA and with the
Entrepreneurship and Innovation team, and supports the
RARE program administration.
With Jarrod Ormiston, she led a workshop for Indonesian
academic support staf in Vietnam in 2013.
PROFESSIONAL STAFF
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ABN 15 211 513 464
Produced by University Publishing Managed Service, the University of Sydney, June 2014.
The University reserves the right to make alterations to any information contained within
this publication without notice.
THE UNIVERSITY OF SYDNEY
BUSINESS SCHOOL
ENTREPRENEURSHIP & INNOVATION PROGRAM
Dr Richard Seymour
The University of Sydney
T +61 2 9036 7095
F +61 2 9036 5378
E [email protected]
sydney.edu.au/business/innovation_and_enterprise
Accredited by Australian member of
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