| Theroux garners teaching award
by Lou Wigdor,
special to the Chronicle
senberg School professor James Theroux has received
this year's top honor in Innovative Pedagogy for Entrepreneurship
Education from the United States Association for Small Business
and Entrepreneurship.
Theroux, who is
the Flavin Family Professor of Entrepreneurship, won the award in
January for a course which focused on a real-time case study of
a high-technology firm in Worcester. Theroux's course was also one
of three finalists in the prestigious Decision Sciences Institute's
annual awards for instructional innovation.
"As far
as I know, the course's "live" case was the first ever
offered by a business school - actually four business schools -
classes at the University of New Brunswick, Florida Atlantic University
and Worcester Polytechnic Institute also participated in the case,"
said Theroux.
Five years in
the making, the course, offered during the fall 2001 semester, examined
the ongoing pursuits of Optasite, Inc., a start-up firm in the communications
industry.
Interacting periodically
with the company's president and other officers, Theroux and his
students evaluated the firm's products, marketing strategy, acquisition
of capital, human resources, and competitors. Each Saturday at 6
p.m., the course's full-time case writer - on site at the firm -
posted new case material and related articles on a dedicated Web
site. In response, students analyzed the material, discussed related
issues via e-mail and in class, and forwarded their suggestions
to the company.
"I've never
taught more motivated students," said Theroux. "The incentive
of not only participating in a 'live' business study, but actually
having an influence on the business itself was extremely powerful."
Theroux's own motivation to make the course a reality was no less
compelling. The professor spent years developing it and raising
funds for its launch.
heroux received
financial support from the Coleman Foundation, the Alfred Sloan
Foundation, the Harold Grinspoon Charitable Foundation and the Ewing
Marion Kauffman Foundation.
"Early on,
everyone loved my idea, but nobody thought it could actually be
done," said Theroux. "Being a former entrepreneur, I can
be very persistent in following through with the prep work to make
something happen, if I believe in it. I believed in this course.
For me it was analogous to a business start-up." And like many
successful start-ups, it has a future:
"We'll be
offering the course again in the spring of 2004 with a new company
as its focus," Theroux said. |