News and Information about Kettering
Aug. 08, 2008
Sniffing out business opportunities
Skunk Works. Sound familiar? Probably not. Most readers have no idea what this phrase means.
But in 1943 during the height of World War II, Skunk Works was an organization within Lockheed Aircraft Corp., a manufacturer of war aircraft. Skunk Works was formed 1943 following a meeting with company officials and representatives from the Air Tactical Service Command (ATSC) of the Army Air Force. Why? Because of the German fighter jet threat over war-torn
A month after this meeting, a young Lockheed engineer named Clarence L. “Kelly” Johnson (who gave the moniker Skunk Works to his internal intrapreneurial organization) and other engineers submitted the initial XP-80 proposal to ATSC and two days later they received word to move on the project. Johnson’s team had funding from Lockheed, complete autonomy and a deadline of 150 days to develop a new jet engine fighter under extreme security. The result: delivery of a new, highly innovative jet fighter seven days earlier than expected and a chance for the allies to bring the war to a close.
Skunk Works is an example of intrapreneurship—the practice of applying entrepreneurial skills and approaches within an established organization by employees who basically operate within this framework like entrepreneurs.
So how does this concept apply to
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Since 2006, Dr. Massoud Tavakoli, professor of Mechanical Engineering (ME), Dr.
This student-lead organization sponsors business plan competitions, provides support services and other activities in an effort to promote an entrepreneurial culture at
Today, entrepreneurship studies at
Art DeMonte, who joined
“At
Riffe, who taught creativity at
“We hope to make entrepreneurial and intrapreneurial studies part of the
Riffe hopes to promote intrapreneurship to
Riffe titled this activity “patent commercialization,” which involves taking a corporate partner’s unused intellectual property and develop a program to convert it to a saleable product or valuable process. The payoff for corporate partners is two-fold: first, it provides companies access to selected
Thus far, student teams have worked on two patents from
“This is just another enhancement to our co-op program,” Riffe said. “Eventually, we would like to expand this program to include non-intellectual property projects. The more experience our students obtain through this effort, the more valuable they become as employees to our corporate partners,” he concluded.
Dr. Michael Harris,
"We have worked diligently to develop new academic programs that are current and relevant,” he said. “The creation of entrepreneurship studies and appointment of the McDonald Endowed Chair in Entrepreneurship are in fact part of a larger effort to positively impact the culture and quality of our academic experience," he added.
Companies interested in participating in this program may contact Dr. William Riffe at wriffe@kettering.edu or call (810) 762-7849. For more information on offerings available through the University’s Business Dept. please call (810) 762-7983 or email business@kettering.edu.
Written by Gary J. Erwin
810.762.99538
gerwin@kettering.edu
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