Course Syllabus

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ENGM 625
Innovation and Commercialization

Instructor: S. Kellogg
Description: This course covers the practical aspects of developing an innovative idea or new technology from conceptualization through commercialization.  Course topics include product innovation, product development, technology forecasting, technology transfer, small business development resources, and commercialization. 
  1. introduce the entrepreneur to the twenty principles for creating successful technology ventures
  2. provide a framework for moving product innovations from the idea to the commercialization stage
  3. provide a framework for developing successful business plans 
Prerequisite: Students must be comfortable with the use of spreadsheets.  Knowledge of economic valuation and financial statements is helpful.  Students should have some knowledge of probability and statistics, preferably calculus based.
Computer Req: Some familiarity with spreadsheets is required. Students will be required to do some financial analysis using a spreadsheet. 
Time/Place: M 6:00-9:00 pm
IER 205
Text: Technology Ventures: From Idea to Enterprise, 3rd ed., Byers, Dorf, Nelson, McGraw Hill, 2011.
Office: LIB 144
Hours: M, W, 10:00-12:00; F 10:00-12:00
by appointment


Exams 100 pts each
90-100% A 
80-89%   B 
70-79%   C

Business Plan 100 pts

Case Studies 25 pts each

Grades of less than C available on request. Homework will be assigned weekly but will not be required to be turned in. Students are encouraged to keep up with the homework schedule.  In addition, students are required to complete and present two case studies associated with technology ventures.  There will be no retesting of exams.

  • The policy governing academic integrity shall be observed.
  • The exam will be open book and closed notes.  Programmable calculators and module calculators are permitted.  In order to receive full credit, you must show your work.
  • There will be no rescheduling of exams.  Makeup exams may be available provided arrangements are made with the instructor prior to the exam date.  Students must contact the instructor prior to the exam for special problems, e.g.; illness, car won't start.
  • Required assignments will be due at the beginning of the class period on the due date.  Late assignments will be accepted for 50% credit for assignments submitted within a week of the due date.
  • The instructor reserves the right to make modifications to the schedule and/or syllabus on an as needed basis.  
Complete Course Information:
Students with special needs or requiring special accommodations should contact the instructor and the campus ADA coordinator, Ms. Jolie McCoy, 194-1924, at the earliest opportunity.  

Distance Learners
Viewing Lectures

All lectures are captured and streamed. Students may login to a live session via Blackboard collaborate, may watch a wmv capture with links posted to my course site, or may watch the blackboard collaborate pdf stream. Most prefer wmv files but the choice is up to you. The pdf streeam captures notes made in class but sometimes has audio / video matchup problems. You will be sent individual instructions for access to videos as well as how to login live.

While all lectures are streamed and posted to a streaming site, not all students are able to access this material. We can accommodate those who cannot view lectures because of internet access or firewall problems at their end. Contact the department secretary, christal krein, if you need to have DVDs created and mailed.

All content will be listed on my website:
Grades will be recorded in Canvas. You will be sent an invitation link.

Text: The course text may be purchased directly from the Tech Bookstore by calling (605) 394-2374.  Alternatively, texts may be ordered online through the Tech Bookstore URL

Testing: Distance learners must submit the name of an individual who is willing to proctor exams.  IE personnel will proctor all exams for local students registered for a distance section.  All other proctors must be approved before the first exam date.  Exams will be mailed (emailed) to the exam proctor when the student submits a request to the department secretary.  Email requests should include the exam desired and proctor information.  Exam dates are listed on the course schedules.  Any changes to these dates will be coordinated by your instructor. 
ADA Students with special needs or requiring special accommodations should contact the instructor and/or the campus ADA coordinator, Jolie McCoy, at 394-1924 at the earliest opportunity. 
Students must complete a course within one month of the final exam date of the course.  Courses completed after that time but before the end of the next semester will be docked one letter grade.  Courses not completed by the end of the following semester will have to be retaken.  Grades will remain as I.  Students may request exceptions for extenuating circumstances.


Dropping: Students wishing to drop the course should contact Academic Services (394-2400) for policies and dates regarding withdrawal procedures.
Collaboration: All students are encouraged to actively collaborate on all course materials including homework. The only exception, of course, is for the examinations. Distance students often have a desire to collaborate with other students. However, because of the privacy act, I can not inform students of other distance learners without prior consent. If you would like to be in contact with other distance learners, please send me a signed consent form indicating it is ok for me to share that information with other students. Be sure to include your mailing address, e-mail address, and phone number.