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Kaufman Thoughtbook 2005 Contents OUR APPROACH On Thinking Differently ........................................................................................................... 8 By Carl J. Schramm Our Guiding Principles.......................................................................................................... 17 Crowning Achievement: An Entrepreneur and Philanthropist's Story.................................... 18 Associates' Credo Risk Taking--An Option or Responsibility? ......................................................................... 23 By Dan Kingston PREPARING STUDENTS FOR SUCCESS Planning for America's Future: The Kansas City Math and Science Agenda........................ 28 By Margo Quiriconi The Robots Are Coming: Making Kansas City Area Students FIRST in Science and Math .......................................................................................................... 37 Helping All Students Succeed in School ............................................................................... 40 An Interview with Kati Haycock Kauffman ScholarsBy R. Stephen Green Closing the Gaps............................................................................... 46 My Experience as a Kauffman Scholar.................................................................................. 50 By Brittany Jones and David Cruz THE POSSIBLE DREAM: EXPOSING KIDS TO THE WORLD OF ENTREPRENEURSHIP The School of New Possibilities ........................................................................................... 54 By Craig Armstrong Raking in Business .............................................................................................................. 57 INNOVENTIONS at Epcot Offers World of Entrepreneurial Opportunity .............................. 61 An Essay in Photos Opening the Door of Entrepreneurial Possibility................................................................... 66 By Steve Mariotti CATALYZING THE ENTREPRENEURIAL UNIVERSITY leaching Entrepreneurship in Colleges and Universities: How (and Why) a New Academic Field Is Being Built..............................................................................72 By Judith Cone Kauman Campuses: Teaching Tomorrow's Entrepreneurial Leaders -Today 80 Creating Ripples of Change.................................................................................................. 81 By Paul Magelli Competition Inspires Collaboration to Transform Curriculum............................................... 85 An Interview with Louis Caldera Changing the World Through Creative Entrepreneurship..................................................... 88 A Profile of University of Illinois Student-Entrepreneur Kalev Leetaru An Entrepreneurial Vision for Our Nation's Universities ....................................................... 93 An Interview with Michael Crow ADVANCING INNOVATION Improving Universities' Ability to Advance Innovation: Why We Should Care....................... 98 By Lesa Mitchell What We Know About University Licensing.......................................................................... 99 By Jerry and Marie Thursby The iBridgeTM Program: Enhancing the Transfer of Knowledge......................................... 104 By Kenneth Lynn The Changing Face of University Technology Transfer ...................................................... 107 An Interview with Mark Crowell Applying the Science of Networks to Our Innovation Work....................................................................................... 1 1 5 On Network Theory Insights from the Experts............................................................. 116 By Albert-László Barabasi and Mark Granovetter Understanding the Innovation Process: The Power of Social Networks ........................... 117 An Interview with Andrew Hargadon ENTREPRENEURSHIP FOR EVERYONE Nurturing an Untapped Resource....................................................................................... 124 By Daryl Williams Kauffman Coaches Program: Sports Analogy, Socratic Approach..................................... 129 By Michael Dayton Women in Entrepreneurship: Aiming for the Top................................................................133 By Maggie Kenefake Creating the Next Generation of Enterprising Scientists and Engineers............................. 138 By Shirley Ann Jackson USING RESEARCH TO ADVANCE THE ENTREPRENEURIAL ECONOMY On the Map......................................................................................................................... 144 By Bob Litan In Recognition of Excellence: The Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship .................................................................................... 147 Entrepreneurship Research and Teaching--Why and How?............................................. 150 By William J. Baumol FINANCING EARLY-STAGE VENTURES Why Entrepreneurs Need Angels--and How Angels Are Improving.................................. 156 An Interview with Marianne Hudson Angel Group Directory........................................................................................................ 161 Evolution of Venture Capital Industry Paves Way for Institutionalized Angel Investing............................................................................................................ 163 By James Geshwiler Pria Diagnostics Founders in Their ElementTM with Angel Group Funding ........................167 CITIZEN OF KANSAS CITY, RESOURCE TO THE WORLD The Liberty Memorial Museum: A Light in Kansas City, a Beacon to the World................. 172 An Essay in Photos The National Dialogue on Entrepreneurship: A New Conversation in America.................. 176 By Jonathan Ortmans Creating an Enterprise Culture........................................................................................... 179 An Interview with Martin Wyn Griffith What They're Thinking: Visitors to the Kauffman Foundation Speak Their Minds.............. 184 FINANCIAL AND HUMAN CAPITAL Foundation Endowment and Investment Performance....................................................... 188 Foundation Board of Trustees and Senior Leadership Team............................................. 190 Foundation Associates....................................................................................................... 191