Description
On this outline pertaining to global immersion program exploring the start up culture in turkey.
1
Course Number B8722
Global Immersion Program: Exploring the Start-Up Culture in Turkey
Building/Room: Uris 331
Tuesday 9:00AM - 10:30AM
Professor: Jack McGourty, Ph.D.
Director of Community and Global Entrepreneurship
Founder, Venture for All®
Columbia Business School
Office: Uris 325A
Mobile: 646-470-3193
E-mail: [email protected]
LinkedIn:http://www.linkedin.com/in/jackmcgourty
Twitter: @jm7234 (class specific tweets, see #LNV)
Course Introduction
Economic studies have demonstrated that entrepreneurship and new venture creation are critical components of
economic growth, innovation, and human development in emerging markets. While various economic indicators
and metrics show the correlation, how to create an enabling ecosystem that promotes a culture of entrepreneurship
and innovation is not scientifically evident. However, if one reads articles from the popular media, business and
economic journals, and anecdotes from entrepreneurs in these markets, there are common signposts that lead to a
roadmap. While there are certainly differences across emerging markets, it is clear that governments, investment
community members, academic institutions, and entrepreneurs themselves play a critical role in developing and
enhancing a start up culture in a specific region. (See the Entrepreneurial Ecosystem Framework below to get a
sense of the many factors and domains important in assessing a start up culture.)
When it comes to investigating the development
of a start up culture and the impact it can have in
an emerging market, there is no place more
exciting than Turkey. Turkey has it
all…emerging youth population, political
intrigue, transitioning industrial base, and
competing social norms. In the midst of all this
transition, entrepreneurship has been growing as
evidenced by increased participation in venture
creation. According to 2010 GEM Reports, 9 out
of every 100 Turkish adults are involved in
entrepreneurial activity. While this is an increase
from 2008, Turkey still lags behind other high
growth markets such as Brazil or China in level
of entrepreneurial participation. As of the 2010
report, the reasons for this lagging performance
2
included access to investment capital, tax and regulatory burdens, inadequate educational resources, and lack of
cultural support.
We, as a class, will jump right into 2014 and assess the current conditions for entrepreneurship in the region with a
focus on the city of Istanbul. By reviewing current reports and media coverage, listening to domain experts, and
interviewing representatives of all major stakeholder groups, we will come to our own conclusion as to the current
culture for entrepreneurial activity in Istanbul and potential ripples throughout the Country and region. Working in
teams, we will generate a report that provides an up-to-date view of the region from an economic, political, and
cultural perspective while interweaving how these regional elements influence the entrepreneurial ecosystem in
Istanbul. The report will outline specific recommendations to enhance the ecosystem in Istanbul.
Global Immersion Program classes bridge classroom lessons and business practices in another country. These three
credit classes meet for half a term in New York prior to a one week visit to the country of focus where students will
meet with business executives and government officials while working on team projects. Upon return from the
travel portion of the class, students will have a wrap up meeting at Columbia Business School. The 2013-14 Global
Immersion program fee for all 6 night courses is $1800 and provides students with double occupancy lodging,
ground transportation and some meals. It does not cover round trip international airfare. Attendance both in New
York and in-country and regular participation are a crucial part of the learning experience and as such attendance is
mandatory. Students who miss the first class meeting may be removed from the course and will not have their
program fee refunded to them. No program fee refunds will be given after the add/drop period has closed.
Course Sessions
The course will consist of six (6) classes in New York
City that will introduce you to the applied study of
entrepreneurial ecosystems, with a focus on Turkey and
Istanbul. A week-long visit to Istanbul will include visits
to stakeholders groups critical to ecosystem development
and start up culture formation including government
officials, members of the investment community,
corporate leaders, and of course, entrepreneurs. Students
will undertake projects that focus on each major
stakeholder group, investigating recent activities and
influence these groups have on the
overall entrepreneurial ecosystem. This class will meet
during the A-term on Tuesday’s, 9-10:30am from January
28th through March 4th with one post trip meeting on
Tuesday April 1
st
from 9-10:30am. Travel will take place
to Istanbul, Turkey from Sunday, March 16th, 2013
through Saturday, March 22nd, 2013.
Course Assignments, Deliverables & Grading
Regional Profile due 2/4 (20%)
Stakeholder Profiles due 2/11, 2/18, 2/25, 3/4 (20%)
Final Report/Slide Presentation due 4/1 (30%)
Active Class Engagement & Travel Participation (30%)
Session Topics
Session One: Introduction (1/28/14)
Course Outline, Projects, & Deliverables
Introduction to Entrepreneurial Ecosystems
Travel Details for Istanbul
Session Two: Regional Profile (2/4/14)
Discussion on Turkey demographics
Natural Resources, Labor
Industrial Sectors & Infrastructure
Session Three: Government Policy (2/11/14)
Exploration of policies & incentives
Research & Development Support
Intellectual Property Laws
Session Four: Investor Community (2/18/14)
Funding New Ventures & Sources of Capital
Angels, Venture Capital, Private Equity
Multinational Corporations
Session Five: Entrepreneurs (2/25/14)
Networks, Diaspora, Success Stories
Women & Youth
Social Norms
Session Six: Bringing It All Together (3/4/14)
Stakeholder Interview Guidelines
Final Trip Plans
TRAVEL to ISTANBUL (3/16-22/14)
Session Post Trip: Final Presentations (4/1/14)
Report Delivery & Presentations
Trip Debrief & Wrap Up
3
The course assignments and deliverables are designed to provide students and project teams with a step-by-step
approach to analyze the current state of entrepreneurial ecosystem in a particular region. We start by creating a
Regional Profile, learning as much as we can about the target region, identifying current data and trends in
population, labor, infrastructure and industrial development. After we create a Regional Profile, project teams start
to investigate critical stakeholder groups, their history, programs, activities, and influence on the ecosystem. These
Stakeholder Profiles include annotated mappings, showing where they are located, how they are clustered, and
descriptions of their primary programs and activities. As part of developing our Stakeholder Profiles, students
prepare interview questions and protocols to be applied when meeting representatives from each stakeholder group
while in country. During our travels in country, we visit and interact with representatives from each of the major
stakeholder groups, thus collecting first hand information and perceptions regarding the current state of
entrepreneurship. After our trip, students will aggregate all regional and stakeholder profile research and generate a
Final Report with accompanying Slide Presentation, summarizing our findings and making specific
recommendations to enhance the existing entrepreneurial ecosystem in the targeted region. This final report will be
distributed to the stakeholders visited as well as other relevant parties who can influence future activities and
programs in the region.
Active Class Engagement & Travel Participation. This class is very “hands-on” and students are highly
encouraged to participate in class discussions, engage guest speakers, and actively collaborate in project teams.
Participation includes timely completion of all weekly project assignments, attendance in all seven class sessions
including completion of end of class reflection questions, completion of all course evaluation surveys, and active
engagement in all scheduled sessions and appointments while in Turkey.
Course Management Platform
The program is facilitated by the use of Columbia Business Schools course management system, called CANVAS.
Faculty use this system to provide participants with class materials, encourage student engagement, and interaction
with course content, receive assignment submissions, and create two-way dialogue on project work. In order to
gain the most from the program, participants need to have reliable Internet connectivity and bandwidth to be able to
download program materials and watch associated videos.
Course Faculty
Jack McGourty Ph.D. is Director of Community and Global Entrepreneurship at the Columbia
Business School and a faculty member teaching courses in entrepreneurship; venture creation, and
product innovation. Since joining the Business School, Jack has taught "Launching New Ventures"
every semester and will be teaching a new course in Spring 2014 under the Global Immersion
Program called " Exploring the Start Up Culture in Turkey". Prior to joining the Columbia Business
School, Jack was Vice Dean for Columbia’s Engineering School. Over the past 15 years, Jack has
been an active member of the University's entrepreneurial community, establishing an undergraduate minor in
entrepreneurship, teaching core and advanced courses in new venture creation & growth, and launching the
Columbia-Harlem Small Business Development Center. Jack is the driving force behind Venture for All®, a
program designed to educate aspiring entrepreneurs and build capacity for high potential startup ventures in
emerging global markets.
Prior to coming to Columbia in 1998, Jack was a senior executive and board member for a large publicly traded
company. During his tenure, Jack held several senior positions including vice president of human resources,
executive vice president of operations, division president, and company president & chief operating officer. He was
also the managing principal of Assessment Alternatives Inc., a consulting firm providing programs and services to
medium and large companies on new business development, innovation and product realization.
doc_701695855.pdf
On this outline pertaining to global immersion program exploring the start up culture in turkey.
1
Course Number B8722
Global Immersion Program: Exploring the Start-Up Culture in Turkey
Building/Room: Uris 331
Tuesday 9:00AM - 10:30AM
Professor: Jack McGourty, Ph.D.
Director of Community and Global Entrepreneurship
Founder, Venture for All®
Columbia Business School
Office: Uris 325A
Mobile: 646-470-3193
E-mail: [email protected]
LinkedIn:http://www.linkedin.com/in/jackmcgourty
Twitter: @jm7234 (class specific tweets, see #LNV)
Course Introduction
Economic studies have demonstrated that entrepreneurship and new venture creation are critical components of
economic growth, innovation, and human development in emerging markets. While various economic indicators
and metrics show the correlation, how to create an enabling ecosystem that promotes a culture of entrepreneurship
and innovation is not scientifically evident. However, if one reads articles from the popular media, business and
economic journals, and anecdotes from entrepreneurs in these markets, there are common signposts that lead to a
roadmap. While there are certainly differences across emerging markets, it is clear that governments, investment
community members, academic institutions, and entrepreneurs themselves play a critical role in developing and
enhancing a start up culture in a specific region. (See the Entrepreneurial Ecosystem Framework below to get a
sense of the many factors and domains important in assessing a start up culture.)
When it comes to investigating the development
of a start up culture and the impact it can have in
an emerging market, there is no place more
exciting than Turkey. Turkey has it
all…emerging youth population, political
intrigue, transitioning industrial base, and
competing social norms. In the midst of all this
transition, entrepreneurship has been growing as
evidenced by increased participation in venture
creation. According to 2010 GEM Reports, 9 out
of every 100 Turkish adults are involved in
entrepreneurial activity. While this is an increase
from 2008, Turkey still lags behind other high
growth markets such as Brazil or China in level
of entrepreneurial participation. As of the 2010
report, the reasons for this lagging performance
2
included access to investment capital, tax and regulatory burdens, inadequate educational resources, and lack of
cultural support.
We, as a class, will jump right into 2014 and assess the current conditions for entrepreneurship in the region with a
focus on the city of Istanbul. By reviewing current reports and media coverage, listening to domain experts, and
interviewing representatives of all major stakeholder groups, we will come to our own conclusion as to the current
culture for entrepreneurial activity in Istanbul and potential ripples throughout the Country and region. Working in
teams, we will generate a report that provides an up-to-date view of the region from an economic, political, and
cultural perspective while interweaving how these regional elements influence the entrepreneurial ecosystem in
Istanbul. The report will outline specific recommendations to enhance the ecosystem in Istanbul.
Global Immersion Program classes bridge classroom lessons and business practices in another country. These three
credit classes meet for half a term in New York prior to a one week visit to the country of focus where students will
meet with business executives and government officials while working on team projects. Upon return from the
travel portion of the class, students will have a wrap up meeting at Columbia Business School. The 2013-14 Global
Immersion program fee for all 6 night courses is $1800 and provides students with double occupancy lodging,
ground transportation and some meals. It does not cover round trip international airfare. Attendance both in New
York and in-country and regular participation are a crucial part of the learning experience and as such attendance is
mandatory. Students who miss the first class meeting may be removed from the course and will not have their
program fee refunded to them. No program fee refunds will be given after the add/drop period has closed.
Course Sessions
The course will consist of six (6) classes in New York
City that will introduce you to the applied study of
entrepreneurial ecosystems, with a focus on Turkey and
Istanbul. A week-long visit to Istanbul will include visits
to stakeholders groups critical to ecosystem development
and start up culture formation including government
officials, members of the investment community,
corporate leaders, and of course, entrepreneurs. Students
will undertake projects that focus on each major
stakeholder group, investigating recent activities and
influence these groups have on the
overall entrepreneurial ecosystem. This class will meet
during the A-term on Tuesday’s, 9-10:30am from January
28th through March 4th with one post trip meeting on
Tuesday April 1
st
from 9-10:30am. Travel will take place
to Istanbul, Turkey from Sunday, March 16th, 2013
through Saturday, March 22nd, 2013.
Course Assignments, Deliverables & Grading
Regional Profile due 2/4 (20%)
Stakeholder Profiles due 2/11, 2/18, 2/25, 3/4 (20%)
Final Report/Slide Presentation due 4/1 (30%)
Active Class Engagement & Travel Participation (30%)
Session Topics
Session One: Introduction (1/28/14)
Course Outline, Projects, & Deliverables
Introduction to Entrepreneurial Ecosystems
Travel Details for Istanbul
Session Two: Regional Profile (2/4/14)
Discussion on Turkey demographics
Natural Resources, Labor
Industrial Sectors & Infrastructure
Session Three: Government Policy (2/11/14)
Exploration of policies & incentives
Research & Development Support
Intellectual Property Laws
Session Four: Investor Community (2/18/14)
Funding New Ventures & Sources of Capital
Angels, Venture Capital, Private Equity
Multinational Corporations
Session Five: Entrepreneurs (2/25/14)
Networks, Diaspora, Success Stories
Women & Youth
Social Norms
Session Six: Bringing It All Together (3/4/14)
Stakeholder Interview Guidelines
Final Trip Plans
TRAVEL to ISTANBUL (3/16-22/14)
Session Post Trip: Final Presentations (4/1/14)
Report Delivery & Presentations
Trip Debrief & Wrap Up
3
The course assignments and deliverables are designed to provide students and project teams with a step-by-step
approach to analyze the current state of entrepreneurial ecosystem in a particular region. We start by creating a
Regional Profile, learning as much as we can about the target region, identifying current data and trends in
population, labor, infrastructure and industrial development. After we create a Regional Profile, project teams start
to investigate critical stakeholder groups, their history, programs, activities, and influence on the ecosystem. These
Stakeholder Profiles include annotated mappings, showing where they are located, how they are clustered, and
descriptions of their primary programs and activities. As part of developing our Stakeholder Profiles, students
prepare interview questions and protocols to be applied when meeting representatives from each stakeholder group
while in country. During our travels in country, we visit and interact with representatives from each of the major
stakeholder groups, thus collecting first hand information and perceptions regarding the current state of
entrepreneurship. After our trip, students will aggregate all regional and stakeholder profile research and generate a
Final Report with accompanying Slide Presentation, summarizing our findings and making specific
recommendations to enhance the existing entrepreneurial ecosystem in the targeted region. This final report will be
distributed to the stakeholders visited as well as other relevant parties who can influence future activities and
programs in the region.
Active Class Engagement & Travel Participation. This class is very “hands-on” and students are highly
encouraged to participate in class discussions, engage guest speakers, and actively collaborate in project teams.
Participation includes timely completion of all weekly project assignments, attendance in all seven class sessions
including completion of end of class reflection questions, completion of all course evaluation surveys, and active
engagement in all scheduled sessions and appointments while in Turkey.
Course Management Platform
The program is facilitated by the use of Columbia Business Schools course management system, called CANVAS.
Faculty use this system to provide participants with class materials, encourage student engagement, and interaction
with course content, receive assignment submissions, and create two-way dialogue on project work. In order to
gain the most from the program, participants need to have reliable Internet connectivity and bandwidth to be able to
download program materials and watch associated videos.
Course Faculty
Jack McGourty Ph.D. is Director of Community and Global Entrepreneurship at the Columbia
Business School and a faculty member teaching courses in entrepreneurship; venture creation, and
product innovation. Since joining the Business School, Jack has taught "Launching New Ventures"
every semester and will be teaching a new course in Spring 2014 under the Global Immersion
Program called " Exploring the Start Up Culture in Turkey". Prior to joining the Columbia Business
School, Jack was Vice Dean for Columbia’s Engineering School. Over the past 15 years, Jack has
been an active member of the University's entrepreneurial community, establishing an undergraduate minor in
entrepreneurship, teaching core and advanced courses in new venture creation & growth, and launching the
Columbia-Harlem Small Business Development Center. Jack is the driving force behind Venture for All®, a
program designed to educate aspiring entrepreneurs and build capacity for high potential startup ventures in
emerging global markets.
Prior to coming to Columbia in 1998, Jack was a senior executive and board member for a large publicly traded
company. During his tenure, Jack held several senior positions including vice president of human resources,
executive vice president of operations, division president, and company president & chief operating officer. He was
also the managing principal of Assessment Alternatives Inc., a consulting firm providing programs and services to
medium and large companies on new business development, innovation and product realization.
doc_701695855.pdf