KEEN'zine3

Identify an opportunity Perform technical design Investigate the market Validate market interest Create a preliminary business model Communicate an engineering solution in economic terms Communicate an engineering solution in terms of societal benefits Evaluate technical feasibility customer value societal benefits economic viability Develop partnerships and build a team Test concepts quickly via customer engagement Identify supply chains distribution methods Assess policy and regulatory issues Analyze solutions Create a model or prototype Validate functions Protect intellectual property Develop new technologies (optional) COMPLEMENTARY SKILLS OPPORTUNITY DESIGN IMPACT Determine design requirements THESE SPECIFIC SKILLS REINFORCE THE DEVELOPMENT OF AN ENTREPRENEURIAL MINDSET “SOMETIMESYOU DISCOVER SOLUTIONS TO PROBLEMS THAT PEOPLE DIDN’T EVEN KNOWEXISTED. THEN, YOU REALIZE AN OPPORTUNITY TO CREATE VALUE FOR THE COMPANY.” —TRAVVIS SCOTT MECHANICAL ENGINEERING GRADUATE BAYLOR UNIVERSITY