entrepreneurship

Luther College_Photo Bureau / Flickr

Is Michigan just too modest, too Midwestern in the way it treats its prominent entrepreneurs? Jeff DeGraff thinks the answer might be yes.

DeGraff is a clinical professor of management and organizations at the Ross School of Business at the University of Michigan and our partner for the Next Idea. Jeff DeGraff has two questions for listeners:

How would you identify the best and the brightest? And what kinds of help would you give them?

Today on Stateside: 

  • Detroit emergency manager Kevyn Orr announced his resignation. Rick Pluta and Zoe Clark discuss this and more Michigan politics.
  • Nicolette Hahn Niman, vegetarian and environmental-lawyer-turned-cattle rancher, discusses her new book, Defending Beef: the Case for Sustainable Meat Production
  • Entrepreneurship is on the decline, and that’s not good for the economy. Listen to University of Michigan professor of entrepreneurial studies Stewart Thornhill discuss why entrepreneurship is so important for economic growth.
  • Two years have passed since the passage of the right-to-work law in Michigan. What has or hasn’t changed? Patrick Anderson, CEO of Anderson Economic Group, and Charles Ballard, economics professor at Michigan State University, discuss the first two years of right to work in Michigan.
  • On Dec. 14, 1799, the nation’s first president, George Washington, died in his home. Washington’s death wasn’t a particularly pleasant one, largely due to his treatment. Dr. Howard Markell, physician and medical historian at the University of Michigan, discusses Washington’s final day. 
xianrendujia / Flickr

With all the news about Silicon Valley startups, you could get the idea that entrepreneurship is thriving in the United States.

The reality is U.S. entrepreneurship has been in a pretty steep decline for 30 years. The Next Idea team got to wondering about that. So, we asked Stewart Thornhill to write an essay about entrepreneurship. He’s a professor who teaches entrepreneurship at the University of Michigan.

Turning a dreamer into an entrepreneur

Dec 10, 2014
Flickr

Once someone learns that I’m an entrepreneurship professor, sooner or later I’ll be asked: “Can you really teach entrepreneurship?” This seems to come from the long-held – and consistently disproved – belief that entrepreneurs are special and if you aren’t born that way (props to Lady Gaga), there’s no point in trying. So let’s get that out of the way right now. Yes, entrepreneurship can be taught and learned, and entrepreneurs are just like the rest of us.

Duo Security / Flickr

What will it take for Michigan to be an entrepreneurial powerhouse again?

That question will be explored Friday morning at a special town hall meeting hosted by the University of Michigan School of Engineering and Michigan Radio. It’s called "Finding Michigan’s Mojo."

Panelist Jeff DeGraff is a clinical professor of business administration at the U of M Ross School of Business. He’s also creator of the Innovatrium. 

Panelist Dug Song is founder of the Ann Arbor-based Duo Security.

Peter Martorano / Flickr

There has been much talk – some of it here on this show – about opportunities for entrepreneurs in Detroit.

After more than a century of being dominated by big business – General Motors, Chrysler, Packard – the new look of business in Detroit is small, nimble, and full of innovation.

Some have raised the question whether there has been an inordinate amount of attention paid to white entrepreneurs – and male entrepreneurs.

Lisa Cook, an associate professor of economics and international relations at Michigan State University, says that many are ignoring women and ethnic minorities’ roles in Detroit’s entrepreneurial scene.

Listen to the full interview above. 

gvsu.edu

What's the state of entrepreneurship in West Michigan?

That's the question tackled in a new report from Grand Valley State University's Seidman College of Business. It finds that in just four years, there's been a big change in the way people think about being entrepreneurs.

We wanted to take a closer look at that changing mindset and find out what it means not only for West Michigan, but for the state.

Paul Iseley is chairman of the economics department at Grand Valley State's Seidman College of Business. He joined us today from GVSU.

Listen to the full interview above.

Entrepreneurship is on the rise in West Michigan. We took a look at what this means for the Grand Rapids area and the rest of the state.

And, when you consider all of the possible "fixes" being discussed for struggling big cities like Detroit, there is an idea being offered up that has truly stood the test of time: attract more immigrants.

Also, we heard how a University of Michigan professor is using archeology to tell the story of undocumented immigrants crossing the border from Mexico into the U.S.

First on the show,  Michigan now has the fourth highest rate in the nation of parents who do not have their children vaccinated for religious, medical and other reasons. Many simply don’t get all the immunization shots required.

Despite adamant statements from the American Academy of Pediatrics and the U.S. Centers of Disease Control that vaccines have no link to autism, an anti-vaccination movement is growing online, from parent to parent, and through activist celebrities, such as actress Jenny McCarthy.

August is National Immunization Awareness Month and physicians are mounting fresh efforts  to get more Michigan children fully vaccinated.

This vaccination push begins as the number of children falling ill with preventable diseases is on the rise.

We wanted to see how this story is being played out in the exam rooms of a busy pediatric practice, day-in and day out. Oakland County pediatrician Dr. Martin Levinson has been practicing medicine for 33 years. He joined us today.

User: Brother O'Mara / flickr

Michelle Rhee advocates for Common Core

Michelle Rhee spoke yesterday at the Mackinac Policy Conference in favor of maintaining the Common Core curriculum in Michigan. According to the Associated Press,  

“Rhee is a self-described lifelong Democrat who has clashed with teachers' unions, one of the party's key constituencies. During her speech, she called for honoring the teaching profession but demanding more accountability and rewarding the best teachers with more pay.”

Michigan woman killed in Syrian conflict

33 year old Nicole Lynn Mansfield of Flint, Michigan has been killed while fighting for the Syrian opposition movement.

“Speelman's mother Monica Mansfield Speelman tells the Detroit Free Press that her niece was a convert to Islam who married an Arab immigrant several years ago but later divorced him. Syrian news reports say that Mansfield and two other westerners killed with her were fighters for the opposition to Syria's government and were killed in a confrontation in Idlib,” the Associated Press reports. 

Michigan universities produce young entrepreneurs

A new report from the Anderson Economic Group states that Michigan’s three largest universities produce twice as many entrepreneurs as the national average.  According to Rick Pluta,

“The report says almost half of the new businesses started by college grads have been started or acquired in Michigan. University officials say they’ve revamped their curriculum in recent years to encourage entrepreneurship among students.”

Photo courtesy of the University of Michigan

Michigan’s three biggest universities are producing young entrepreneurs twice as fast as the national average.

That’s according to a report by East Lansing-based Anderson Economic Group released today at a conference of business leaders and politicians on Mackinac Island.

Debbie Dingell is chair of the Wayne State University Board of Governors.

“What’s clear is that we in Michigan have young people with ideas, and we’re giving them a university system that’s giving them the tools that they need to actually go out and start that business,” said Debbie Dingell, chair of the Wayne State University Board of Governors.

The report says almost half of the new businesses started by college grads have been started or acquired in Michigan.

University officials say they’ve revamped their curriculum in recent years to encourage entrepreneurship among students.

This photo has been making the rounds on Facebook.

The photo was pushed out on Ann Arbor SPARK's Facebook page - a group dedicated to building business expansion in the area.

Just two years ago, Blank published an article about the venture capital climate in Ann Arbor.

In a post he wrote in 2011, "What's Missing For Entrepreneurs In Ann Arbor, Mich.," he described the climate as the sound of 'one hand clapping.'

He felt there was plenty of talent, but money and a risk-taking culture were missing in the city (below he mentions VCs - 'venture capitalists').

Univ. of Mich. / YouTube

What do you get when you put dozens of college students in the basement of a parking garage with some office furniture, a WiFi connection and free coffee?

Well, it turns out you’ll end up with some pretty innovative ideas - as long as those students all happen to have diverse interests and a passion for entrepreneurship.

That’s the idea behind TechArb, a University of Michigan program that aims to provide student entrepreneurs with the mentoring, workspace and, in a few cases, funding needed to start their own businesses.

Lindsey Smith / Michigan Radio

A Grand Rapids entrepreneur is launching a $15 million venture capital fund to turn people’s ideas into successful businesses.

The DeVos family is backing the fund, called Start Garden. Richard DeVos started Amway, now the world’s largest direct selling company.

More and more people have been attending an annual event that helps entrepreneurs turn their ideas into realities.

It’s called The Annual Collaboration for Entrepreneurship and it happens Tuesday, January 31. It’s hosted by the economic development organization Ann Arbor Spark.

Skip Simms is Ann Arbor Spark’s senior vice president. He says the event helps people with small operations engage in some good old fashioned networking, which can help them grow their businesses. Simms says in a few years’ time, these small start-ups could grow into the next DOW, Kellogg, or GM, and hire thousands of employees in Michigan.

About 1,000 people went last year and the space outgrew its original location at Washtenaw Community College. It now takes place at Skyline High School in Ann Arbor. Tickets are $20 at the door.

User: penywise / MorgueFile

If you’re on faculty at the University of Michigan and you have an idea for a startup company…you’re in luck. If you can get outside funding, U of M will match that funding up to $500,000.

U of M President Mary Sue Coleman says "if you can convince a venture fund to invest in you, you just automatically get an investment from us. So we’re not picking winners and losers, and that’s what I like about the program."

The University of Michigan will offer a year-long masters degree in entrepreneurship starting fall 2012. The joint program between the College of Engineering and Ross School of Business aims to combine the wealth of technological ideas with business expertise.

David Munson is the College of Engineering dean at the University of Michigan. He believes the partnership is the first of its kind.

"The uniqueness really stems from the quality on both sides and bringing that quality together to try to produce what we hope will be the best program of its kind in the country," Munson said.

Munson expects many engineering students to enroll in the entrepreneurship program after they graduate. Entrepreneurship will likely have a place in each department at the university in coming years.

- Amelia Carpenter - Michigan Radio Newsroom