The Academy of Management Entrepreneurship Division and Yeshiva University are delighted to introduce the winners of the Entrepreneurship Pedagogy Award for the year 2022:
Deepak Hegde, New York University
Stern School of Business
For their course entitled:
Endless Frontiers Lab
Course Description:
The Endless Frontiers Lab (EFL) is a unique course that connects students with startups for real world-experience in practice of entrepreneurship. EFL operates a nine-month program designed for novel early-stage science and technology startups that engages a lineup of A-list business mentors, scientists, and venture capitalists joining forces with experts from many NYU schools. Startup founders receive mentorship and business development support from Stern MBA students who are enrolled in a companion class taught by Professor Deepak Hegde, who is Founding Director of EFL. In his course students learn about the process of successfully taking new ventures to markets, including aspects related to development, management, and financing of ventures. The course is centered on student observations of the interactions of startup founders and their potential investors. After familiarizing themselves with the startups' ideas, students apply basic analytical tools, drawn from management, economics, and finance to evaluate the size of markets, attractiveness of industries, financing options of early-stage ventures, sustainable competitive advantage of proposed strategies, and the risks and potential of ideas. Along with the experiential component, the course introduces students to a framework for developing an entrepreneurial strategy. Due to the course’s special circumstances, which involve working with new companies seeking capital, students sign a non-disclosure agreement and need to apply to the course to be considered. The course runs over the Fall and Spring with students working in teams.
"For someone who always wondered what real impact, if any, my teaching has, the opportunity to create the Endless Frontier course has made me realize the power of business education to make a difference. I am deeply grateful to the brilliant entrepreneurs, their committed mentors, and my MBA students for this opportunity, and to the AoM awards committee for this recognition." - Deepak Hegde
Short description of the Entrepreneurship Pedagogy Award
The purpose of the award is to encourage not only innovations in pedagogy but also the dissemination of such innovations. Criteria for evaluation of nominations included (1.) the innovativeness and novelty of the content and pedagogical process; (2.) the demonstrated and potential impact and transferability; and (3.) the course’s relevance (e.g., actionable lessons for entrepreneurs, addresses a social need).
The teaching committee would like to thank all participants for putting together excellent proposals! Our jury members were impressed by the quality of the material presented and we are proud to see that our Division members are nurturing future entrepreneurs through their teaching curricula.