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Magazine of the Waterloo Science & Business Program

scibus.ca

2007 high school e

dition

scibus.ca issue 3, 2007

editor OWEN WARD ([email protected]) / assistant editor SHERI HOWARD ([email protected]) / production-layout editor SHERI HOWARD/ photography SHERI HOWARD

COVER ILLUSTRATION: SHERI HOWARD

Publisher: scibus.ca is published by the Science and Business Program, University of WaterlooPrinted in Canada by Allprint Ainsworth Associates Inc., 65 Hanson Ave., Kitchener ON, N2C 2H6

Further information on the Science and Business Programs may be found at www.scibus.uwaterloo.ca.

contents

director’s Message 1

Award Winners 2-3

science and Business involvement 4-7

Program outlines Biotechnology/chartered Accountancy 12 Biotechnology/economics 13 honours science and Business 14-15

science and Business Workshops 16-17

student co-op experience 20-21

co-op survival guide 27

campus involvement 28-29

Feature Articles

oncology Pharmaceutical industry 8-9

technology transfer: From science to Business 10

supply chain Management: has it been a success globally? 18-19

harry Rosen experience 22-23

getting entrepreneurship down to a science (external article) 24-26

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Welcome to the 2007High School Edition ofscibus.ca, the magazine ofthe University of Waterloo’sScience and Businessprograms. This magazinewas created for you, ourprospective students to helpyou learn more about theScienceandBusinessprogramto which you have applied.The Science and Businessprograms, which includeBiotechnology andChartered Accountancy,

Biotechnology and Economicsand Honours Science and Business, are designed forintelligent and highly motivated high school graduates.Our slogan “Producing Leaders for the New Economy”sums up our mission which in part is to produce highlysought after graduates for the new global economy.

These unique programs provide you, our futurestudents, with an academic experience of the highestquality. The programs will also give you the tools to developthe personal and career related skills that will aid you infollowingmanydifferentcareerpaths,includingthefollowing:

• Technical and managerial positions in science andtechnology oriented firms

• Careersasentrepreneurswithabroadmixofacademic,business,softskillsandworkexperience

• entry to professional schools, including medicine, lawandpharmacy,whereyourbusinessandsoftskillsareamajoradvantage

• pursuitofpostgraduateprogramsintheareaofeitherscienceorbusiness

Ourworkshopsandotheractivitieswillhelptodevelopyourresearch,communicationandteamskills.ThemyBusinessprogramcreatedandrunby theScienceandBusinessadvisorhelps students develop their personal career plan (see page 6for more details). Our student ambassadors (page 5) providementorshipandsupporttoallofourstudentsthroughouttheiryearsat theUniversityofWaterloo.TheScienceandBusinessStudent Association (SBSA) (page 4) organizes a variety ofsocial events each term. SBSA also organizes a major annualScienceandBusinessconferencewhichoffersgreatnetworkingopportunities to our students with industry employers. I would like to invite you to use this magazineas an introduction to our programs and students. As youwill see, most of the articles are written by our dedicatedstudents. You can also meet some of our students fromdifferent years and programs by reading their profiles. You will learn why they enjoy the Science and BusinessprogramsatWaterlooandhowtheyget involvedoncampus.

If you enjoy working in a flexible and versatile environment and desire an excellent academic program with supportingextracurricular activities aimed at developing a well roundedindividual, consider joining the Science and Business team.

Thank you to all of our authors and to thosewho provided profiles and pictures for the magazine.

ProfessorOwenWardEditorandScienceandBusinessProgramDirector

diRectoR’s MessAge

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students Winning AWARds oFF cAMPus

ThefollowingScienceandBusinessstudentshaverecentlyreceivedawards for theirworkoutsideoftheUniversityofWaterlooCampus.

Rebecca Baxter

Award: Ministry of Economic Trade and Development, Ontario Global Traders AwardInJune2006,RebeccaBaxter,a4thyearScienceandBusinessstudent,wasawardedtheOntarioGlobalTradersGoldAward.Rebeccawasgiventhisawardforassistingherco-opemployer,ApotexCanada,inthedevelopmentofanewsubsidiaryinAustralia.RebeccaspentfourmonthsinAustraliaactingasaliaisonbetween the home office in Canada and the new subsidiary in Australia.

Award: Canadian Female Representative for the ITU World Telecom 2006 Youth Forum

InSeptember2006Rebeccawasinformedthatshewastogainanexperienceofalifetime.RebeccawaschosenbytheCanadiangovernmenttobethefemaleyouthrepresentativeforCanadatoattendtheITU(InternationalTelecommunicationsUnion)WorldTelecom2006ConferenceinHongKong,China.Rebecca,alongwithmanyotheryoungpeopleaged18–23arrivedinHongKongonDec3rdandspentthenext5daysparticipatingintheconferenceevents.

CongratulationsonyourawardsRebecca!

sukirtha tharmalingam

Award: Multinational Association of Supportive Care in Cancer Young Investigator Award

Sukirtha is currently in her last year of the Science and Business – Biology program. In her final work term atTorontoSunnybrookRegionalCancerCentreSukirthawasawardedtheMultinationalAssociationofSupportiveCareinCancer(MASCC)YoungInvestigatorAward.Theawardwasforherabstract,entitled“Patients’andHealthCareProfessionals’PerspectivesontheMostImportantQualityofLifeIssuesinBoneMetastases”,whichshepresentedatthe16thAnnualProvincialConferenceonPalliativeandEnd-of-LifeCarelastApril.Sukirtha’spreviousworkexperienceincludedopportunitiesasaGeneticCounsellingResearchAssistantatPrincessMargaretHospitalandasanEconomicResearchAnalystfortheprovincialgovernment.Sukirtha’sextracurricularinvolvementwiththeScienceandBusinessprogramalsomakesherawellrecognizedfacebyallofourstudents.SheiscurrentlytheleadambassadorfortheSciBusAmbassadorteamandlastyearplannedtheAmbassadorAlumniDinner.CongratulationsonyourawardSukirthaandthanksforyourleadership!

science And Business AWARd WinneRs

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on cAMPus AWARd WinneRs

ThefollowingScienceandBusinessstudentshavewonawardsontheUniversityofWaterlooCampus

tasneem nakhooda

Award: 2005 University of Waterloo Co-op Student of the Year

Eachyear,onestudentfromeachofthe6FacultiesontheUniversityofWaterloocampusisawardedthehonourofCo-opStudentoftheYear.Propectivecandidatesfortheawardareevaluatedbasedontheircontributionstotheirco-opemployers,theiracademicstandingandcommunityinvolvement.The2005Sciencefacultyrecipientwas4AScienceandBusinessstudent,TasneemNakhooda.TasneemwashonouredforheroutstandingworkatSymcor,anoutsourcingcompanyin the financial services industry based out of Mississauga Ontario.

Tasneem is in her final year here at the University of Waterloo and is planningtoenteracareerintheareasofconsultingorpromotionsinthehealthcare field. While on campus Tasneem has been involved with the Science and Business program throughSBSA(ScienceandBusinessStudentAssociation)andisalsoaScienceandBusinessAmbassador.GreatworkTasneem!

saba Rehmani and david Kendel

Award: 2005 Science and Business Leadership Awards

Saba isafourthyearScienceandBusiness–BiochemstudentwhointhepastfewyearshasdoneagreatdealtoenhancetheScienceandBusinessprograms.AsthepresidentofSBSA(formerlySCRUBS)inthe2004-2005schoolyearSabadirectedandcoordinatedthe2005SCRUBSconference“KeysforSuccess:FromSciencetoBusiness”.Theconferencewasverysuccessful,withapproximately300guests,10guestspeakersandapproximately$15Kraised.Thissuccesswasdue,inparttothededicationandleadershipstyleSabadisplayed.SabahascontinuedherinvolvementintheScienceandBusinessprogrambyhelpingplanthe2006SBSAconferenceandthroughherparticipationontheScienceandBusinesscoordinatingcommittee.ThanksforyourdedicationtotheprogramSaba!

David graduatedfromScienceandBusinessin2005andwastherecipientoftheGovernor-General’sSilverMedal.Thisawardispresentedtograduateswiththehighestoverallacademicstandinginabachelor’sdegreeprogramandUWisonlyallowedtogivethreeawardstoeachgraduatingclassacrossthewholecampus.ThemultidisciplinaryScienceandBusinessprogramchallengesstudentstothinkandstudyindifferentways.ClearlyDavidexhibitedoutstandingacademicperformanceandleadershipincoursesfromboththescienceandbusinessbackgrounds.CongratulationsDavid!DavidiscurrentlyworkingatAccentureasaManagementConsultantfortheStrategicITEffectivenessGroup.

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A seRies oF FoRtunAte eventsbyRebeccaZhou4thYearScienceandBusiness-Biologystudent

StudyingSciBusatUWstartedaseriesof fortunate events that eventually ledme to where I am today, as the COO(Chief Operating Officer) and Fall term acting president of the Science andBusiness Student Association (SBSA).

Back in first year, as a curious student, Iwantedtogainmanynewexperiencesand attend various events that wouldhelpmegrowacademicallyandsocially.Irarelyeverturneddowninvitationstoattendconferences,lectures,interactiveseminars, or other social functions.OneeventIattendedthreeyearsagothatsetmeonthepathofinvolvementwithSBSA was the Intellectual Property: From Science to Business conferenceorganized by our student association.Atthisconference,Ilearnedaboutoneof the key steps in bringing scientific research to business. Aside from theintriguinginformationpresentedabouttheworldofintellectualproperty,Iwasamazed to learn that this high calibre,professional event was completelyorganized by students not much olderthan me. Having had no previousexposure to conference planning, Iwas curious about how these studentshandledallthelogistics,fromregistrationto sponsorship and guest speakers fora full day conference. After this initialexposure,Ipaidmoreattentiontotheiractivities and eventually got myself asmall role inhelpingwith thesurpriseretirementpartyforthefounderoftheSciBus program, Dr. Globus. This wasmy first baby step into the world of SBSA,andIamnowoneofitsexecutivesandtheco-chairofour2007conference.

Although Ihadnotoriginallyplannedonbeinginvolvedinthe2005conferenceIjoinedthemarketingteamforKeys for Success, an experience that changedmy attitude and behaviour towards

my career and future completely.The resulting practical knowledgemotivated me contribute more to thepromotion of the science and businessprogram, I joined the 2006 conferenceteamforThe Driving Force: From Science to Businessastheco-marketingdirector.

This academic year, with a strongexecutive team, SBSA hosted aninaugural networking event duringCommunitech’s Entrepreneurial Weekin October. The event titled, Knocking down Silos featured keynote speakerDavidHowlettfromMagnesGroup,whoimpressedalargecrowdofbothstudentsand corporate attendees with great tipson networking in the industry. Theevent attracted a significant number of attendeesfromthecorporateworldandwe would like to continue this successwithourupcomingconferenceinMarch2007.Theplanninghasalreadybegunforthe2007conferenceA Global Perspective: From Science to Business, and as a co-chair,I’mextremelyexcitedtoworkwithagreatteamofstudentstomoveSBSA’sannual conference to the next level.

In addition to planning professionaldevelopment events, SBSA alsoencourages the building of a close-knitcommunity among the three SciBusprograms.WehaveinthepasthostedfunactivitiessuchasWinen’Cheeseevents,campingatEloraGorge,abeachtriptoGrandBendandmanyotherstobringSciBusstudentstogetheratapersonallevel.

I am very proud to be a member ofthis growing student organization.I was fortunate that I met the rightpeople at the right time. I truly believethat if you have the determination toachieve something, you will find the right opportunities to lead you on toyour own series of fortunate events.

science And Business student AssociAtion

Meet Punit…sBsA vice-PresidentName:PunitShanghaviYearandProgram:2BSciBus

how he gets involved IgetinvolvedwithSciBusoutsidemyclassesbyattendingthemyBusinessprogram.myBusinesshelpsmereflect upon and identify myself.Theprogramespeciallyhelpswithmyinterviewsbyenablingmetoimpressemployers.IamalsoinvolvedwiththeSBSA(asthisyear’sVicePresident).TheSBSAhasallowedmetointeractwithstudentsfromthethreedisciplinesandlearnfromthem.

his Advice to First YearsConsidermakingthefollowingyourpriorities:1)gotoclass.2)meetnewpeople.3)gotothegym.4)maketimeforfun.

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The Science and Business Ambassadorsare a group of volunteers connected totheScienceandBusinessresourcecentre.WeareupperyearstudentsfromeachofthethreeScienceandBusinessprograms(ScienceandBusiness,Biotech/CharteredAccountancy and Biotech/Economics),with different specializations, differentinterests and unique experiences. Thegoals of the Ambassadors are directedtoward bridging the gaps betweencurrentScienceandBusinessstudentsandpromoting our program to prospectivestudents, employers and alumni. Thesegoals are being accomplished throughpeer mentoring, attending science andcampus events to promote the Scienceand Business programs, organizingalumni-student events and connectingcurrentstudentswiththeresourcecentre.

The Science and Business Ambassadorsbecame active in the fall of 2005. WerealizethatfornewUniversitystudents,moving to a different city, starting ata new school, choosing courses andadapting toanewlifestylearenoteasythings to accomplish alone. Upper yearstudents often say that they wishedthey had someone to talk to who hadgone through the process. And so, theAmbassadorteamwasborn.Thevisionsoon expanded from pure mentorship,toonewhichincludedbridgingnotonlythe gap with current students, but alsowith prospective students, alumni andindustry.StudentsweremadeawarethattheAmbassadorswerewillingtoanswerquestions about Science and Business,life at the University of Waterloo,activities outside the university, and

sciBus AMBAssAdoRs: Building BRidges, MAKing connectionsbyJenniferBeckmanandSukirthaTharmalingam-4thYearScienceandBusinessstudents

about any other areas of concern.Discussioneventswereheldinvolvingcurrent students and Science andBusiness director, Dr. Owen Ward,and coordinator, Kashif Memon.

One of the most successfulAmbassador events of the year wasthe Annual Science and BusinessAlumni-UndergraduateDinner,whichwas organized to increase positivealumni-undergraduate relationships.

This year a group of 14 students,incuding a few from last year andmany enthusiastic new faces, hasteamedupasAmbassadors.Theylookforwardtomeetingnewstudentsandhelping to make the transition intoScience and Business a comfortableone. They attended UW day onNovember4andwillbevisitinghighschools to promote the Science andBusiness programs to prospectivestudents. They wish to make theprogram better known to industryand to co-op employers. Events forcurrent students to meet and talk toeachother,theAmbassadorsandtheprogram director, coordinator andprojectmanagerhavebeenorganized.Finally, the Annual Science andBusiness Alumni-UndergraduateDinner will be held again in2007 to encourage relationshipsbetween Science and Businessstudents of yesterday and today.

*If you have any questions about the programs or would like to contact a student for advice please email the ambassadors at [email protected].

AMBAssAdoRs

Meet diane…Name:DianeTsangYearandProgram:4ASciBus-Biology

Why she likes being an AmbassadorBeinganAmbassadorisagreatwaytomeeteveryoneundertheSciBusumbrella–outsideofclass.Everyambassadormeetingisfunandwearealwayscomingupwithnewideasbecauseourgroupismadeupofpeoplewithdiversebackgrounds,expertiseandperspectives.

her volunteer experienceIvolunteeredinabiologylabhereoncampuswhichhelpedmesharpenmytechnicalskillsandgavemeaglimpseintosomeofthegreatresearchhappeningrighthereoncampus.

her advice to youChallengeyourselfbytryingsomethingnewbecauseyouneverknowwhereitmayleadyou–andhavefun!*Diane is one of our SciBus Ambassadors!

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MYBusiness - WhAt’s nextbyKatlynSheldon3rdYearScienceandBusiness-Biologystudent

So you’re a university student, always busy, always on the gowith lectures, assignments, midterms, finals, it always seems to be the same schedule, term after term. Sometimes all youneed is a chance to step back and take a breath; think aboutyour current situation and where you are going? Where do youwanttoendup?Wheredoyouseeyourselfin5years?10years?

Withsomanyotherthingsgoingoninyouruniverseyoubarelyhave time to stop and smell the flowers let alone plan your life. So you ask yourself, what are my strengths and weaknesses?What are my opportunities and threats? Do I have a vision andamissionformylife?Whatismystrategyforreachingthegoalsand objectives along the way in order to attain this ultimatevision? These are all questions that the myBusiness programhelps students of the Science and Business programs answer.

myBusiness was developed by the Science and Business teamand involves a ten step documented process of self reflection and development. Some of the objectives include implementing apersonalSWOTanalysisandidentifyingyourvisionandmission.

OnceaweekstudentsfromScienceandBusiness,Biotechnology/Economics and Biotechnology/CA from all academic years get

togetherforanhourwiththeScienceandBusinessresourcecentreteamanddiscusstheiroutlooks.

Therearenorightorwronganswersandtherearenorulesorexpectations.Itismerelyawayforstudentstoplanouttheirfutures.Itdoesnotnecessarilyhavetobeacademic,careerorpersonallyoriented.Itcanbeacombination

anddoesnotalwaysstaythesamefromterm to term or even from week toweek. The beauty of the exercise isthe personal growth that one

experiences and the realization that one will have manydifferentvisionsandmissionsforlifeandthatthesewillevolve.

The finest components of the program are clear. It allows studentstoengageinlong-termcareerandpersonalplanning.Ithelpsstudentstoidentifytheirstrengthsandweaknessessothat theycan improve themselvesand, italsogetsstudentsthinking proactively about their options and about thedirections their livescan take.Manystudentsaresurprisedbyhowchallengingitistomakeconcretedecisionsandtakestepstowardsachievingtheirgoals.Thesessionisopenanddoesnothaveaformalstructure.Studentsarefreetosharewhattheychooseandgiveadviceandsuggestionswheretheysee fit, affording students opportunities to mentor their peers.

Through my experience with the program my entireperspectiveonwheremylifeisgoinghaschanged.Youcannotimaginehowmuchonecanlearnaboutoneselfandwhatonewantsoutoflifebymerelysittingbackandtakingthetimeto think about it. I had never truly thought about where IwantedtogoandhowIwasgoingtogetthere.Theprogramchallenges students to takedecisions theyarenotnormallychallengedtotakeandtothinkoutsidethebox.Itchallengedme tostart to take thesteps required toachievemyvision.

With this program students can help to identify theirstrengths, both comparative and competitive, as well asthe leader and scientist within them. With a firm grasp on the future, the opportunities of the present can easily becapitalizedupon.AsBoBennettoncesaid,“Adreambecomesa goal when action is taken towards its achievement”.

MYBusiness

Meet Andrew…Name:AndrewWongYearandProgram:4ABiotech/Econ

his involvement in the programsIhavebeenaparticipantofthemyBusinessprogrambeingrunbytheScienceandBusinessresourcecentreforthelasttwoterms.myBusinessisanexerciseinformingyourvisionandplanningyourfuture.BeforeIstartedinthemyBusinessprogram,IhadavagueideaaboutenteringacareerinthebusinesssideofthebiotechnologyindustrybutIneverhadanyclearideaofwhatIwantedtodo.ThroughtheongoingprocessofmyBusiness,IhaveamuchmorefocusedvisionofwhereIwanttobeinthefutureandaplanthatwilltakemethere.*Andrew is also one of this year’s Science and Business Ambassadors. Thanks for your dedication Andrew!

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ResouRces FoR A BRighteR FutuRebyRashidaBrown

1stYearScienceandBusiness-Biochemistrystudent

University of Waterloo’s Science and Business programhas taken a proactive approach to develop its students.Individualsenrolledintheprogramhaveaccesstodistinctiveresources that are certain to enhance both their scholasticperformanceandoveralluniversityexperience.Theresourceinitiative places a means of mentorship, preparation andresearch at the students’ fingertips at all times. This three-tiered approach is designed to give students access to keytools that facilitate their ultimate success in the program.

First,studentsareencouragedtotakeadvantageofthewide-rangingpublicationsandonlineresourcesthatareavailablein theResourceCentre– located inESC254D.Studentsareable to view top-notch magazines and publications thatprovide information on current issues in related industriesfor free! This is a great way to keep abreast of the latesttopics in scientific research, technological advancements, business developments and future career opportunities.

Additionally, students have access to a broad spectrumof individuals knowledgeable about the Science andBusiness, Biotechnology/Economics and Biotechnology/Chartered Accountancy programs. Academic Advisorsand Student Ambassadors are available to mentorcurrent and prospective students in each of the programs.

ThefollowingeasilyapproachableAcademicAdvisorsprovidestudentswithinformationaboutcourseandprogramselections,degreerequirementsandprofessionalprogramprerequisites.

• Dr. Owen Ward (Program Director) – Is highly

accredited in the field of applied microbiology research and development and has launchedseveral successful biotechnology companies such asBiorem Technologies Inc. and Lystek International

• Kashif Memon (Program Coordinator) – Has 15years of extensive work experience in the public andprivate domain working with World Bank, AsianDevelopment Bank, the World Trade Organization andthe United Nations on trade and agriculture issues.

• Sheri Howard (Project Manager) –Is a recentScience and Business graduate with first-hand knowledge of the program idiosyncrasies and withwork experience with MDS Sciex, an “analyticalinstrumentation andtechnology solutions” company.

The other facet of the advisory portion of the resource initiativeis the Student Ambassadors program. This distinct groupof upper year students is available to mentor and shareexperiences – both good and bad – with fellow classmates.

All things considered, the necessary tools are availablefor students in any of the Science and Businessdisciplines to meet and exceed their greatest expectations.

ResouRce centRe teAM

Meet lian…Name:LianChenYearandProgram:1ASciBus

Why she chose uWIchoseUniversityofWaterloobecauseofitshighreputationinCanada.Aswell,thebrilliantqualityofthecoursesandprofessorsalsocameintoplay.Co-opwasalsoastrongaspectthataffectedmydecisiontoenrollatWaterloo.AlthoughIhavenotstartedmyco-opterm,Icanalreadypredictthatthevaluableexperiencethatisgainedfromworkwillhelpmyfutureandwillmakemeamorevaluableassetintheworkingindustry.

her Advice to youStudyhard!Butdon’tforgettohavefun!

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Therearemanycompanies that compete in theworldof oncology research. Cancer treatment ranges from surgicalremovalofthesolidtumortoradiotherapyandchemotherapy.From the pharmaceutical company point of view, finding a cure for cancer is like finding a gold mine. Researchers are competing againsteachothertodiscovermoreeffectivecancertreatmentswhether the research lab is largeor small.Severalbigplayersintheoncologypharmaceuticalindustryinclude:AstraZeneca,Roche,andNovartis.Thesethreecompaniesareveryactiveinpursuingresearchoftreatmentsforvarioustypesofcancers,suchasbreast,colorectal,lung,andprostatecancer.Severalinterestingcorporate strategies and new findings have been reported in 2006.

AstraZenecaJoint Development and Commercialization of Novel SERDs

On September 15, 2006, AstraZeneca joined ScheringAG to co-develop and commercialize a novel selectiveestrogen receptor down-regulator (SERD) for treatment ofbreast cancer. With this alliance, AstraZeneca will lead theclinical development and Schering will manage the non-clinicaldevelopment,processdevelopmentandmanufacturingactivities. The two companies will share equally thedevelopment and commercialization costs and global profits.

SERD is an important advancement in breast cancertreatment. It offers a specific therapy approach for women with breast cancer. AstraZeneca believes that the partnershipwill strengthen its product pipeline and further developits leading position in anti-hormonal disease therapy.

The co-development plan will allow leverage incost-spending for research and development, as well asthe commercialization of the end product. Collaborationof expertise in the two companies will be beneficial in the race for the ultimate cure for breast cancer.

Estrogen, a steroid hormone, stimulates the growthand progression of many breast cancers. Estrogen receptors,present in breast cancer cells, mediate the actions of the

estrogen hormone. The selective estrogen receptor down-regulators are a new class of compounds. They increase therateofestrogenreceptorproteindegradationand thusreducethe availability of estrogen receptors for interaction withestrogenhormone.Thisalso lowers theresistance tohormonetreatment, via intracellular signaling pathways, that exists incurrently available treatments. SERDs can potentially be usedformonotherapyorincombinationwithotherchemicalagentsforthetreatmentofhormonesensitive/resistantbreastcancer.

AstraZeneca and M.D. Anderson Cancer Centre Collaborate in Research Earlier this year (January 2006) AstraZenecacollaborated with University of Texas M.D. Anderson CancerCentre, a recognized world leading cancer research centre, inan agreement for integrated pre-clinical and clinical researchonaero-digestivecancertreatment(lung,head,neck,colorectalcancer).Thisagreementallows the twoorganizations toworkmore efficiently in delivering future cancer treatment solutions. Duetothealliance,lesstimeandeffortcanbeallocatedto negotiation of new pharmaceutical cancer research fromAstraZeneca. The goal in searching for effective cancertreatment will be accomplished through establishment of arelationshipwithahighlyrecognizedleaderincancerresearch.Newly established knowledge from the pharma industry willenhancetheabilitytobringinnovativeapproachestoresearch. The agreements will allow scientists in bothorganizations to work flexibly with a portfolio of novel cancer agents to accelerate development of newtreatments. This will greatly benefit cancer patients.

RocheHerceptin®, Synergic to Hormonal Therapy for Lower Progression of Cancer in Patients with Breast Cancer Data presented at the European Society for MedicalOncologyinOctober2006showedsynergiceffectsofHerceptinwith the hormonal therapy, anastrozole. This combination

oncologY PhARMAceuticAl industRY

ByPuiChungLee4ABiotechnology/Economics

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significantly controls cancer for a longer duration than hormonal therapy used alone, in patients diagnosed with advancedhormone receptor-positive and HER2-positive breast cancer. Patients with hormone receptor-positive breastcancer are considered to be at ‘lower-risk’ due to successfulhormonal therapy treatments. Patients with HER2-positivebreast cancer (one quarter of hormone receptor-positivepatients) have an aggressive form, which requires specialand immediate attention. This form of patient is consideredto be at ‘higher-risk’. The result from the phase III study ofHerceptin in combination with hormonal therapy anastrozoleversusanastrozolealonetotreatadvancedhormonalreceptor-positiveandHER2-positivebreastcancershowspositiveresults. Whetherthepatient’sconditionisinearlystageoradvancedsettings, intheprocessofchemotherapyorhormonaltherapy,Herceptin has been administered to consistently benefit patients withhormonereceptor-positiveandHER2-positivebreastcancer.

Xeloda and Avastin demonstrate superior progression-free survival patients with advanced colorectal cancer (October 2006) ThephaseIIIstudyofXelodaandAvastindemonstrateda new effective treatment option for patients with advancedcolorectal cancer. The study resulted in evidence thatXELOX (Xeloda + oxaliplatin) is effective in progression-free survival patients and more convenient (2 hours versus48 hours treatment times and fewer hospital/clinic visits)than the FOLFOX-4 treatment (current standard) in advancedcolorectalcancer.Furthermore,theadditionofanti-angiogenicagent Avastin further improves progression-free survival. TheAvastinandXELOXchemotherapytreatmentoptionresulted in a clinically meaningful and statistically significant improvementof20percentinprogression-freesurvivalpatients.

novartisFour-Year Results of Femara in Reduction of Breast Cancer Recurrence and Spread After Surgery (October 2006)

InitialtreatmentwithFemarafollowingsurgicalremovalof breast cancer offers higher protection from recurrence andspread of cancer, compared to tamoxifen. The 51 months offollow-up,startingfromJuly2002, inpostmenopausalwomenwith hormone receptor-positive early breast cancer takingFemara after surgery resulted in an 18% reduction in overallriskofrecurrence,and19%reductionincancerspreading.Theriskofrecurrencereductionisnotablyhigherinwomenwhosecancer had already spread to lymph nodes (23% reduction)and those who had received chemotherapy (26% reduction). The data provides confirmation of a consistent safety profile, with no increase in adverse events in patients with long-term treatment.

Glivec® Treatment of Rapid Progressing Leukemia and Hard-to-Treat Solid Cancer Tumor In September 2006, Glivec received additional EUapprovals to treat patients with rapidly progressive leukemiaaswellashard-to-treatsolidcancertumor.Thedrugisinitiallyapproved to treat Philadelphia chromosome-positive chronicmyeloid leukemia (Ph+ CML) patients and now has furtherapprovals, namely, Glivec can be used, in combination withchemotherapyoralone,inadultpatientswithnewlydiagnosedPh+ acute lymphoblastic leukemia (Ph+ ALL). Glivec wasalsoapproved for treatmentofunresectable, recurrentand/ormetastatic dermatofibrosarcoma produbersans (DFSP), that are not eligible for surgery. This disease has as a symptom, ahardlumpfoundintheskinofthechest,abdomenorleg,andprogresses to invade nearby tissues. Submission of Glivec forthe treatment of hypereosinophilic syndrome (HES), systemicmastocytosis (SM) and myelodysplastic/myeloproliferativediseases (MDS/MPD) has been done and is under review forapproval. The US Food and Drug Administration (FDA) isreviewing the submission of all five treatments for approvals.

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Whether or not you’re aware of it,mostofthetechnologiesthatyouusein your daily life are probably theoutcome of a complex technologytransfer strategy. Somehow,somewhere,aningeniousscientisthadto foresee applying abstract scientific concepts to what we may now deemto be lifestyle necessities - the use ofradio waves for quick cooking (themicrowaveoven);employingoptically-thin, pure glass strands to transmitdigital information (fiber-optics); or using pancreatic hormones fromfarmyardanimalsintreatingdiabetes(insulin). The result of scientistsmaking these types of discoverieshas been the exceptional array oftechnologies available to developedand developing societies worldwide.

In Canada, the process of technologytransfer usually involves a tell-taleprogression of scientific discovery and movementtowardscommercialization.Following the formation of aninnovative concept (perhaps evena “eureka!”-type idea), the scientistgains interest from funding bodies,performs research and experimentson the concept, and eventuallyprogresses through the proof-of-concept phase of development.Although not all ideas will becomethe next big pharmaceutical boom,manysmallerdiscoveriesmakewaveswith various members of industry,enticingenthusiasticmomentuminthetechnology’s research. Assuming thatthe funding, prototype testing, andcommercial partners all successfullycome together, the technology willreach sure-fire commercial maturation.

Added to this concoction of scientific exploration is theneed forprotectinginnovativeideas,knownasintellectual

property, from the competition. This isaccomplishedthroughtheestablishmentof intellectual property rights, throughpatenting the idea, forming tradesecrets, or copyright. Then, once thetechnologyismarket-ready,theinventormay choose to assign those rightsto a partner in the industry, or evenbegin a start-up or spin-off company,separate from academic research roots.

Although this is a rather simplified view of the technology commercializationprocess, we can definitely see where graduates of innovative post-secondaryprograms (such as Science andBusiness) can compete. The vision ofeffortlessly communicating in bothscience and business terms is creatinga generation of students who are moremarketable to future employers, givingthem a wider breadth of knowledgeabout how science can truly beapplied in its most practical sense.As a future undergraduate student,you may have many opportunities tobe exposed to this exciting process oftechnology commercialization. Oneway to learn more about technologytransfer is through selecting co-opwork terms or summer employmentwith the goal of learning more aboutthe Canadian biotechnology, high-tech,or pharmaceutical industries. You canalso align yourself with a professionalassociation, giving you access to evenmore information about intellectualpropertyandtechnologytransferinNorthAmerica.Somereputablesocietiesincludethe Alliance for Commercialization ofCanadian Technology, the Associationof University Technology Managers,and the Licensing Executives Society.The latter two of organizationsoffer student membership rates.

technologY tRAnsFeR: FRoM science to BusinessbyLisaMilligan3rdYearSciBus-Biologystudent

BiotechnologY/chARteRed AccountAncY

BiotechnologY/econoMicsscience And Business

PRogRAM outlinesMeet lisa…Name:LisaMilliganYearandProgram:3BSciBus-Biology

Why she chose science and BusinessTheopportunitytotryavarietyofworkexperiencesappealedtome,aswellashavingafullmixtureofdisciplinesinmyundergraduatecoursework.Icouldseethatenteringintosuchadiverseprogramwouldallowmetobetterdetermine where I fit in theprofessionalworld.Why she likes the workshopsTheSciBusworkshopsarequitedifferentfromotherclasses–notonlydowelearnabouthowtechnology-basedbusinessessuccessfullyestablishapresenceintheirchosenmarket,wealsolearnhowtointeractwithothersingroupandprojectworksettings.*Lisa recently completed a work term as the Technology Transfer Assistant at TRIUMF in Vancouver, BC where she was featured in their brochure as a summer student intern. See the brochure at http://www.triumf.info/public/repository/ttb/ttb200608.

technologY tRAnsFeR


BiotechnologY/econoMicsscience And Business

PRogRAM outlines

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FAll couRses WinteR couRses

AFM 101CORECONCEPTSOFACCOUNTINGINFORMATION

AFM 102 INTRODUCTIONTOMANAGERIALACCOUNTING

AFM 131 MANAGEMENT econ 101 INTRODUCTIONTOMICROECONOMICS

Biol 130 INTRODUCTORYCELLBIOLOGY Biol 139 GENETICS

Biol 140/140l

FUNDAMENTALSOFMICROBIOLOGY/MICROBIOLOGYLABORATORY

Biol 241 INTRODUCTIONTOAPPLIEDMICROBIOLOGY

cheM 120/120l

PHYSICALANDCHEMICALPROPERTIESOFMATTER/CHEMICALREACTIONLABORATORY1

cheM 123/123l

CHEMICALREACTIONS,EQUILIBRIAANDKINETICS/CHEMICALREACTIONLABORATORY2

MAth 109 MATHEMATICSFORACCOUNTING


OurBiotechnology/CharteredAccountancyprogramisgearedtowardsprovidingstudentspursuingcareersintheaccountingprofessionwiththerequisitetechnicalexperiencetomakethemmoreeffectiveininteractingwithandworkinginmoderntechnologyintensiveorganizations.Thisuniqueprogramintegratesadvancedcoursesinbiology,biochemistry,andbiotechnology with studies in financial management, accounting, auditing, and taxation.

Thisprogramprovidesauniqueopportunitythatgivesstudentsanintegratededucationalexperiencewhilepreparingthemforaroleinprovidingaccountingandadvisoryservicesintherapidlygrowingscienceandtechnologybusinesssectorof the economy. Offered through the co-op system only, graduates may choose to continue to obtain their Certified Chartered Accountantdesignation.

FiRst YeAR

Atwork(Co-opandAlumni)

StaffAccountant-Deloitte

ResearchandValidationAnalyst-GlaxoSmithKline

MicrobiologyResearchTechnician-Environment/AgricultureCanada

Audit-Deloitte&ToucheLLP

FinancialPlanner-Ernst&Young

Meet gaurav…Name:GauravSobtiYearandProgram:2ABiotech/CA

Why he chose Biotech/cAIreallylikethefactthattheprogramallowsyoutoexploredifferentinterestswhilegivingyouadynamiceducation.Onbehalfoftheaccountingprogram,Icansaythatit is definitely one of thebestaccountingprogramsinthecountry.Theprogramputsyouaheadofotheraccountingstudentsupongraduating.

how he gets involvedIhavebeeninvolvedasScienceSocietyfirst year rep, as an AccountingStudentsEducationContributionAmbassadorandasaScienceOrientationLeader.IwasinvolvedintheseactivitiesbecauseIfeltthattheywouldbeagreatwaytomeetnewpeople.IalsofeltthatthroughtheseactivitiesIwouldlearnsomuch.*Gaurav is also a SciBus Ambassador.

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FAll couRses WinteR couRses

scBus 123 SCIENCEANDBUSINESSWORKSHOP1 cs 125 INTRODUCTIONTO

PROGRAMMINGPRINCIPLES

Biol 130 INTRODUCTORYCELLBIOLOGY Biol 139 GENETICS

Biol 140/140l

FUNDAMENTALSOFMICROBIOLOGY/MICROBIOLOGYLABORATORY

Biol 241 INTRODUCTIONTOAPPLIEDMICROBIOLOGY

cheM 120/120l


cheM 123/123l


FRee elective

STUDENTSCANCHOOSEANYCOURSEFROMANYFACULTY(WESUGGESTTHEYTAKEAFM123–ACCOUNTINGINFORMATIONFORMANAGERS)

econ 101

INTRODUCTIONTOMICROECONOMICS


BiotechnologY/econoMics

The Waterloo Biotechnology/Economics program has a specific technical focus on biotechnology which will impact uponmanyfacetsofourlivesincludinghealthcare,foodandagriculture,energyandtheenvironment.Thisprogramintegratesfundamentalprinciplesandapplicationsofbiotechnologywithamorespecializedbusinessfocusoneconomics.

This relatively new program is offered through the co-op system only. Career opportunities vary from working for apharmaceutical company to a brokerage house, from a bank or government agency to a research firm or consulting company. Waterloo’sBiotechnology/Economicsprogramcanuniquelyqualifyyoutocapitalizeontheopportunitiescreatedbytheexpandingfield of biotechnology.

FiRst YeAR

SalesAnalyst-PetroCan

Research Officer - NationalTaiwanUniversity

BusinessAnalys-CIBCWorldMarkets

USBusinessDevelopmentCo-ordinator-STORMofLondon

Meet sabrina…Name:SabrinaKhamisaYearandProgram:4aBiotech/Econ

Why she chose uWIchooseWaterlooformanyreasons,thetoponebeingitsreputation.Ihadheardgreatthingsregardingthestandardofeducationanditsinnovativeprograms.

Why she chose Biotech/econThe first time I came totheUniversityofWaterloo,IsatdowntotalkwiththeAdministratoroftheFacultyofScience.Iexplainedmydilemmaoftheloveofbiologybutthefearofbeingstuckinaresearchlab.That’swhensheintroducedmetothehotnewtrendofbiotechnology.Iinstantlyfellinlovewiththeideaofmeshingthestreamsofscienceandbusiness.disciplines.“Envisionthepossibilities!”

Ourtechnology-drivenworldrequiresanewtypeofbusinessprofessional.Astechnologicaldevelopmentsareintroducedat an ever-increasing pace, there is a demand for individuals with the ability to integrate and apply scientific know-how in the world of business. Waterloo’s Science and Business programs are designed to produce graduates who can excel in fields as diverse ashigh-techstockandmutualfunds,technicalsales,marketing,accountancy,pharmaceuticalsales,economicforecasting,businessdevelopmentaswellasintheareasoftechnologydevelopmentandcommercializationandprojectmanagement.Ourprogramspreparestudentstocompeteandprosperinthecurrenttechnology-intensiveglobalmarketplace. Theseprogramsattractveryhighcaliberstudententrants.ConsistentwiththeUniversityofWaterloo’stechnologyandbusinessorientedmission,Waterloo’sScienceandBusiness-relatedprogramshavebeendevelopedtoservetheimportantneedsofmodernnationalandinternationalbusinesses. Ourmissionistodeliveroutstandinghighlysought-aftergraduatestotheprivateandpublicsectorworkforce.

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science And Business

FAll couRses WinteR couRsesscBus 123

SCIENCEANDBUSINESWORKSHOP1

scBus 122

MANAGEMENTOFBUSINESSORGANIZATIONS

cheM 120/120l


cheM 123/123l


MAth 127 CALCULUS1 MAth 128

CALCULUS2

AFM 131 MANAGEMENT cs 125 INTRODUCTIONTOPROGRAMMINGPRINCIPLES

science elective

ACORESCIENCECLASSDEPENDINGONTHESPECIALIZATION

econ 101 INTRODUCTIONTOMICROECONOMICS

science elective

ACORESCIENCECLASSDEPENDINGONTHESPECIALIZATION

FiRst YeAR


ProjectAnalyst-UniversityHealthNetwork

ProductMarketingManager-ResearchinMotion

BusinessDevelopmentIntern-MDSProteomics

ProductMarketingAssociate(DesktopProducts)-MicrosoftCanada

SpecialProject&BuyerSupport-GMCanada

Meet hina…Name:HinaParmarYearandProgram:1ASciBus

Why she chose uWWaterloohasaverywelcomingcampus,andaremarkablestudentbody.Youcanalmostfind an activity or programtomatchanystudent’sinterest.Indoing so you find people withwhomyouhavealotincommon.

What she likes about the workshopsThroughmytimeatWaterloo,Ifeelthatoneofmymostenjoyableclassesismyscienceandbusinessworkshop.IfeelthattheworkshopisquitedifferenttowhatIhadexpectedfromanyuniversityclass.Thisclasshastwocomponentstoit.Oneisaformallecturestyle,andtheotherisadiscussion.Youarematchedwithagroupforthetermandyoulearntoproblemsolve,andcommunicatewithyourteammembers.

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Within the Science and Business program there are 7 unique specializations that allow students to concentrate their scientific studyindifferentareas.Thesespecializationsare:

Biology Chemistry Biotechnology Physics Biochemistry Hydrogeology Environmental Sciences

Studentscanalsochoosenottospecializewhichallowsthemmorefreedominthechoicestheymakeabouttheirsciencecourses.The non specialized stream of Science and Business is flexible enough to allow students to attain the required prerequisites neededforentranceintomanyofthemedicalprofessionssuchasmedicine,pharmacyanddentistry.

sPeciAliZAtions:

inFo FoR All PRogRAMs

Co-opSchedule

Fall2007(1A)-SchoolWinter2008(1B)-School

Spring2008-OFF!

Fall2008(2A)-SchoolWinter2009-Co-op

Spring2009(2B)-School

Fall2009-Co-opWinter2010(3A)-School

Spring2010-Co-op

Fall2010(3B)-SchoolWinter2011-Co-op*Spring2011-Co-op

Fall2011(4A)-SchoolWinter2012-School

*Biotech/CAstudentshave8monthworktermafter3Aschoolterminsteadofafter3B.

UnderstandingCourseCodes

AFM - Accounting and Financial ManagementAFM123:AccountinginfoforManagers,AFM231:

BusinessLaw,etc.

SCBUS - Science and Business Workshop CourseCoursesintegratescienceandbusinessinadiscussion

setting,takenbySciBusandBiotech/Econstudents

ECON - EconomicsECON221:Statistics,ECON344:PrinciplesofMar-

keting,ECON371:BusinessFinance,etc.

MSCI - Management ScienceMSCI211:OrganizationalBehaviour

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science students stocKing-uP on KnoWledgebyEviSaliaj1stYearBiotechnology/Economicsstudent

As a first year SCBUS 123 student, one can’t help but wonder how scienceand business intertwine. What isSCBUS 123? Why is it a workshopstylecourse?Andhowdoes itdifferfromothercourses?

The name might fool you intobelieving thatSCBUS123consistsofboth science and business principlesfused into one course. SCBUS 123initiates the process of moulding ofanewgenerationofsciencestudents,capableofdealingwiththeincreasedcompetition in both science andbusiness related fields. Waterloo Science and Business studentswill not only be equipped withlaboratoryskills,butalsowillhaveasolid grounding in the principles ofmicroeconomicsandaccounting.TheSciBus workshop offers heightenedunderstandingofbusinessprinciplesthrough application, for all scienceundergrads that choose the hybridprogramsofscienceandbusinessandbiotechnology/economics. Whilemany courses are posting up studynotes, course notes, supplementalreadings, and exhausting overallfinancial resources, in SCBUS 123 students are encouraged to opentheir minds, put away the cue cardsandtakeanewapproachtostudyingbusiness.

The course is divided into lectureand discussion sections. Within thediscussion section, various groupsof students analyze businesses byidentifyingeconomicadvantagesanddisadvantagestotheiroften-changingbusiness tactics.Thetacticsanalyzed

range from a company’s decision tochange its market segmentation all-the-way-up-to changing its entire visionstatement.Examplesofafewofthemanytopicsbroughtupduringthediscussionsections include, “Should Wal-Mart goupscale?”, “Around the World on $48(orso):HowHighCanDiscountAirlinesFly?” and “Beware of Dissatisfied Consumers:TheyLiketoBlab”.

So you might wonder who the personbehind the curtain is. Kashif Memon isthe puppeteer of the SCBUS 123 play.He takes extended pleasure in teachingthe SCBUS workshop, while focusingon being more then just a teacher.Dependingontheoccasion,hemightbea friend,abossoraherorunningawayfrom peril. In view of the fact that ourinstructor is not too keen on memorywork,theSCBUS123workshopdoesnotrequire the writing of a midterm nor final exam. Instead, a final presentation of a small business model is presented andjudgedinabusinesssettingsimulation.

How then is this course beneficial to the future of SCBUS 123 undergraduates?The unique advantages offered bythe workshop are designed to equipSCBUS123studentswithabusiness-likedemeanourthatcanbeusedinallareasin their future, from writing reports totheir next co-op interview to perhapspresentingnewmarketingstrategiestoabusinesspanel.Theglobaleconomyjustgot more competitive with the SciBusway of doing business, where scientistsare wearing business suits underneaththeir lab coats, and solving more thanjust stoichiometric equations on theircalculators.

the WoRKshoPs: A student’s PeRsPective

Meet dave…Name:DaveWilkinYearandProgram:1ASciBus-Biology

Why he chose sciBusIhavealwaysbeeninterestedinbothscienceandbusinessandthisprogramallowsmetostudybothofthesesubjects.Additionallythejobsareendlessaftergraduation;Icouldpursueacareerinavariety of fields and UW’sworldrenownedco-opprogramwillhelpmechooseexactlywhereIwanttogo.

on scBus 123Thescienceandbusinessworkshopsareonlyforscienceandbusinessandbiotech/econstudentsandallowstudentstoperfecttheirpresentation,communication,andinterpersonalskills.Attheendofthiscoursewegettoapplyourskillsbylaunchinganewproduct.

Advice to First YearsBesuretocompareUniversityofWaterloo’scoopprogramtodegreeofferingsfromotherschoolstorealizejusthowstrongitis.

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BRinging the science to BusinessbyYvonneLae

2ndYearScienceandBusiness-Biochemistrystudent

LarryWood,whoteachestheSCBUS223workshop, is a very inspiring teacherbecausehebrings the“realworld” intothe“schoolworld”.BydayLarryownsandoperatesthreedairycompanieswithhispartnersandbynight,heinspireshisSCBUS223classbybringingwhathedoesinto the classroom! Larry’s companiesare called DairyCheq, Norwell SystemsLtd and Promat Inc. These companiesessentially amalgamate the scienceexperiencewithbusiness fundamentals.

DairyCheq is dedicated to serving thegrowing need for quality assurance ofraw milk and management of on-farmcritical systems. Some of the uniquefeatured products are the DairyCheqMilkGuard, which is an electronic timeand temperature recorder, and theDairyCheqSystem,whichisaweb-basedfarmprocessmanagementsystem.Theseproducts assist the dairy producers inensuring that their farms operate profitably as a result of producing quality milk.

Norwell Systems Ltd offers regularscheduled maintenance checks andaccurate performance testing of

milking equipment that are essentialto profitable milk production. If anything goes wrong for the dairyproducer, Norwell also offers anEmergency 24-7 Service in whichNorwell’s route program deliversconsumablesandotherdairyproductswhen needed- right to the door!

Promat Inc is dedicated tomanufacturing products to increasecow comfort and to allow cows toact naturally like they do in pasture.Promat Inc is the manufacturer ofPasture Mat, and Poly Pillow. Thesecreatetheultimatecowcomfort,whichis really important when milking.

More information on Larry’scompanies can be found at thefollowingwebsites:www.dairycheq.comwww.promatinc.comwww.norwelldairy.com

larry gets Personal...

Why do i teach?Ilikethechallengeofhelping people find outwhattheyarereallygoodatandthenseeingthemsucceedatit.Itsrewardingtomewhensomeonereallyfinds their passion for somethingandthentheyputtheirenergyanddeterminationtoit.That’swhenweseepeoplereallyexcel.IliketheSciBusprogram(Iprobablywouldhavetakenthisprogramhaditbeenaroundinmyundergrad)becauseitaddsanimportantdimensiontoscience-itsoneofthereasonswhywedowhatwedo.IliketheentrepreneurialenvironmentandtheSciBusprogrammatchedwhatIdoinbusinesseveryday.Ilikethestudents-lotsofquestions,greatinteractionandseeingthe benefit of their studiesatUofW-it’sagreatscienceprogram.

The Upper Year Workshops

SCBUS 323 - In this workshop students learn about up-and-coming technologies and the tech-nology transfer process. For their major project the students are required to contact a professor on campus who has a commercializable technology and through scientific and businss analy-sis make recommendations as to whether the professor should licence out their technology or spin-off a company based around the technology.

SCBUS 423 - The fourth year workshop ties all of the concepts of the previous years together as well as teaching students frameworks used in the real world that help bring a technology from discovery through to the end consumer. The major project in this class requires students to analyze the science behind an emerging technology and to use the business frameworks learned thoughout their years to develop a business plan to take the product to market. Al-though this project is similar to those in the previous years, it is a lot more relevant in the real world because the students now have a thorough understanding of both the science and the business that they are studying and can make real world suggestions to the companies they are working with.

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suPPlY chAin MAnAgeMent:hAs it Been A

success gloBAllY?ByKashifMemon

ScienceandBusinessCo-ordinatorandAdvisor

Supply chain management (SCM) over the years has come alongwayintermsofcombiningarts,managementandscienceto improve the way organizations or sectors find the raw components needed to make a product or service and deliverit to customers. SCM is the integral component for seamlessconnectivity of stakeholders within the supply networkmeaning that supply chain management is no longer confined within theorganizationor sector.Theconceptalsoextends tointermediaries, work in progress and end producers. PeterDruckerthedeanofmodernmanagement inhis1998workofbusiness relationships “Management’s New Paradigms” callsfor it to extend beyond traditional enterprise boundaries andseekstoorganizeentirebusinessprocessesthroughoutavaluechainofmultiplecompaniesandsectors.Asweadvancetowardsa global economy, it can be observed that Supply Chain hasgraduatedbeyondbeingjustasubsetofbusinesspolicytowardsasubjectinitsownright.Organizationswhoseonlybenchmarkswere profit orientation, basic marketing or down right pushing theproductinthechannelhaveincorporatedSCMintheirdaytodaystrategicplanning.

Despitethefactthatsomuchsophisticationhasbeenachievedin terms of management application of SCM in varioussectorsinmanypartsoftheworld,disparityexistsintermsofimplementingsupplychainconcepts inothers.TheprocessofapplyingthetraditionalfourP’s,ofgettingthecorrectproductattherightprice,totheappropriateplaceattherighttimeforpromotingitinthe21stcenturyhasbecomeanelusivechallengeformanysectorsorcountries.

MytravelsandresearchinpartsofAsiaoverthelastfewyearshave been aimed at understanding the application of SCMand appreciating the weaknesses and challenges that exist ina variety of sectors. For example, some success was achievedin urban settings, however, those in rural areas ran againstobstacles due to lack of technologies to integrate themselvesinthesupplychainthatmayrequireadoptinganewbusinessform which may lead to significant cost savings. The European fishing industry is an example of a sector that has undergone aradicaltransformationinresponsetobothregulatorychangeand increasedcompetition.The industryhas restructuredandmodernisedoperationsacrossthesupplychainoverthepast30years. The same cannot be said of some of the fishing nations in Asia. Lack of technology availability, resistance to changeagainstnewparadigmsormakeupofsocietiesinhibitadoptionofnewbusinessmodelstoagreaterextent.

Theframeworkthatemergesfromobservationsonthegroundhelps business managers and leaders make better decisionsand takes managerial thought one step beyond analyzingwhy one size does not fit all sectors or parts of the world. A customizedsolutionmaybeneededattimeswhenanin-depthunderstandingof cultural inhibitionsorpolitical impedimentsmustbeaddressedbeforeaconceptcanbeimplementedbeyondthe board room. A typical case would be the fisheries sector in theAsianregion.Theeconomicmakeupofthissector isverydiverse and presents a challenge for the SCM concept. Let’sexamineafewfacetsofthesectorwithrespecttoSCMintermsofimplicationsandchallengesfortheinternationalmanager.

i) industryAt one extreme are well organized efficient supply chains of largemultinationaljointventures,utilizinglargefactorytrawlersandnumerousothervessels,employingthousandsofworkerson several oceans. At the other extreme are small woodencanoes and other boats used by individual fishermen to catch sufficient food for their families and, perhaps, more to sell in their local communities. Most fishing operations fall somewhere betweentheseextremes.Thetechnologyusedcanbesimpleandtraditional,oritmaybehighlysophisticated,incorporatingthemostadvancedequipment.

ii) Market demand, consumer Acceptance and Product PositioningInordertoremaincompetitive,thissectorfacesaddedchallengesin the chain due to the perishable nature of the product.Consumersandretailchainsdemandahigherqualityproduct,i.e. fish that are fresh (or which have been quickly frozen) and havesufferedlittleornodamageinthesupplychain.Businessesare increasingly examining their logistics requirements anddiscoveringthatacompetitiveadvantagecanbegainedthroughbetter customer service in the delivery of orders. In addition,these benefits can be achieved while, at the same time, reducing costs in the supply chain though greater efficiency, lower inventoriesandshorterleadtimes.Duetothecostofdevelopingsystemsandthechallengeofmatchingperformance,operatorsare increasingly losing market share due to an inefficient supply chainandinventorymanagementsystem.

iii) global considerationsGloballysomecountriesrequirethatseafoodproductsbetracedalong the supply chain of sales and transportation, all the

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way to the original harvesting area, and even to the fishermen responsible for the first handling. The necessity of providing a quality product has had a major impact on fishing operations. Ithasbecomeincreasinglyimportanttoensurethatgearisnotleft in the water too long and that fish are not left too long before beingcleanedandstored.Thiscanaffect therhythmofwork.Icing and freezing at a rapid pace can also influence working conditions and in particular safety. This is one of the mostdifficult issues to deal with in some developing nations and a majorweaknessinimplementingSCM.

iv) FishermenIn the coastal zones most fishing is small-scale. A fisherman may betheowneroramemberofthesamehouseholdastheowner,or may be a casual labourer without any particularly stronglinks to the owner. The traditional system of renumeration inthe fishing industry is sharing the catch. Crew and owner must togethercovercertainoperatingexpenses,whicharedeductedfromthegrossproceedsobtainedfromthesaleofthecatch.Thenetproceedsarethendividedbetweentheboatownerandthemembers of the crew according to an agreed formula. The fishing vesselownersandthemembersofthecrewsharetherisk.Theearningsincentiveencouragesthecrewtoimproveproductivity.In order to maximize their share of the proceeds, fishermen tend to operate with as few crewmembers as possible. Variationsin the catch make it difficult to estimate an optimum number of crew for a vessel. This can lead to periods when the crewis underemployed and others when the crew works excessivehours. While there has been some success in shifting fishermen to stableandformalcontractualarrangementsapproachingthoseof workers ashore, the majority still belong to the “informal”sector. This includes self-employed fishermen, the employees of very small fishing enterprises employing one or two fishermen on either a regular or casual basis, and fishermen who have no formalemploymentrelationshipwiththeiremployer.

iv) intermediariesDeveloping economies have an unsophisticated network ofsome six or seven intermediaries between the primary source(producerandtheendconsumer).Thesemanyintermediaries,a lack of adequate storage facilities and inefficient transport resultsin30-40%ofperishablecatchspoilingbeforereachingtheendconsumer.Fishermen,intermediaries,andretailersforma supply chain shaped like an hourglass, with the number ofintermediariesincreasingwhenproducersandretailersatbothendofthechainarenumerous.

Given my observations questions arise with respect to theimplementation of an efficient SCM mechanisms that fit well within this cultural and managerial context. There verywell may be problems with an efficient supply chain in the above setting. Supply chains in the fishing industry with its highly fluctuating raw material supply and stringent quality demands have to be robust in order to meet the relativelystable demand for fresh, salted and frozen fish. The supply chainmusthavethecapacitytowithstandthevariationsinthesystem. Political uncertainty, change resistance, difficulties in monitoring intermediaries, languageandculture issuesareallimpedimentstoimplementationofaglobalconceptofasupplychainsystemthataddsvaluetothewholeprocess.Thisisarealchallenge for international managers who must understandthese variables as well as social relationships in individualnations. In addition managers and business students have totackle the scourge of unemployment that afflicts so many Asian economies. Complex traditional industries, like fishing, hold great economic importance in this part of the world. Sectorsarehighlyregulatedandcannotimplementonalocallevelthechangesrequiredtomoveforward.Anytechnologyorprocessthatcreatesunemploymentwillbeasourceofresistancebylocalcommunities.

SCBUS 425 Workshop - Competing in the Global Competitive EnvironmentNewWorkshopofferedtoupperyearSciBus,Biotech/EconandBiotech/CAstudents

WorkshopObjectives:Thisisathoughtprovokingandoutcomeorientedworkshopemphasizinganindepthmulti-disciplinarydiscussiononthelatesttrends and new concepts in globalization. It is aimed at addressing the current gaps in knowledge in the field today. MoreimportantlyitwilldemonstratehowtheskillsfromScienceandBusinesscanbecombinedtoenablestudentstotakeparteffectivelyinaglobalcommunityandwilladvocateastrategicapproachtotheconceptofglobalization.

My co-op experience has truly been a journey of exploration.The opportunities available are endless if you have an ambitionfor personal growth, an enthusiasm to explore new challengesand a determination to succeed. I decided to take advantage ofmy first summer before second year to gain some well needed experience in the work force, and through a contact, I wasable to land a job working for a start-up biotech company. Thisposition allowed me to gain valuable business skills, whichsubsequently started me on my path down the business stream.

My first co-op job was at Honeywell Aerospace in their sales and marketingdivision.Theyhadawellestablishedandthrivingco-op culture which enabled me to be assimilated seamlessly intothe company. My journey of exploration began as a Sales andMarketingassociate.With limited training Iwasput toworkoncreating a marketing strategy to increase the market share for adesigneravionicsproduct.Beingthrownintothedeepend,Iforcedmyselftolearntheropesquicklybycollaboratingwithengineers,sales and marketing executives and customers to develop newstrategiestosuccessfullyre-positiontheproductinthemarketplace..

Honeywell was invaluable at establishing my confidence and b u s i n e s s aptitude. However, it was my experience at

Symcor for my following two work termsthatmarkedapivotalstepinmypersonalgrowth. Symcor is an outsourcer offinancial services for the major banks of Canada and wealth managementcompanies. As an Associate Solutions

Consultant, I supported AccountExecutives by interfacingdirectly with leading clients

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A Business PeRsPective on co-oPbyTasneemNakhooda4thYearScienceandBusiness-Biologystudent

to build customized financial statement solutions. The learning curvewassteepbecauseofthetechnicalexpertisedemanded,the acute multitasking and tight deadlines. I worked withexceptionally intelligent and inspiring co-workers whomentored and challenged me everyday. My first term equippedmewiththeknow-how,whileIcontributedvalueinthesecondtermbyindependentlysecuringamajorcontract.

My accumulated co-op experiences thus far served as acatalysttowardsdeterminingmyfuturecareeraspirationsinmarketing, and in my final eight month co-op term I worked in the fast paced dynamic world of Microsoft Canada as aMarketingAssistant.IworkedsidebysidewiththeProductMarketingManageroftheVisualStudio2005andExpressionproductlines.Iwasabletoleadandcollaborateonmultiplemarketingcampaignsandprogramsdevotedtostimulatingadoptionof theseproducts.Microsoftknewhowto ‘dreambig’ and I was exposed to the endless possibilities of thecreativemind.Theeightmonthco-opperiodenabledmetofullyimmersemyselfintotheMicrosoftcultureandestablishstrongfriendshipswithmyco-workersandfellowco-ops.Iwassurroundedbysuchpassionate,driventype-Apersonalities.Mymanagerinparticular,throughhischarismaticpersonality,endless intelligence and true sincerity became a teacher, amentorandafriend.Icouldn’thaveaskedforabetterendtomyco-oppathofpersonalgrowthandcareerexploration.I leave co-op with fond memories and a sense oftrue accomplishment that will continue to motivateand inspire me to find my next great step in the world that awaits me after graduation. I guess myjourney of exploration has only really just begun.

student co-oP exPeRience

Meet Pete…Name:PeteCroninYearandTerm:4ASciBus-Chemistry

Why he likes co-opTherearesomanyadvantagesofco-op:1)Graduatedebt-free(ifyou’vebudgetedproperly).2)Greatexperienceattheprocessofapplyingforjobs.3)Establishedcontacts when you graduate to help you find a job. 4) Excellent experience on your resume. 5) Enhanced ability to learn.Ifeelthebestthingaboutco-opisthatitenhancesyourabilitytolearninschool.Withmyco-opbackgroundIoftentrytorelatethetheoryI’velearnedinclasstoexperiencesI’vehadatworktohelpmeunderstandhowdifferentconceptswork.Ifyou like to learn by “doing”, then you’ll find co-op greatly improves your studies. * Pete is one of our 4th year SciBus Ambassadors. Thanks for helping out Pete!

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A science PeRsPective on co-oPbyKennethTse

4thYearScienceandBusiness-Biochemistrystudent

Before their first work term the university provides all co-op students with training in job search, interview and resumewriting skills. I experienced my first co-op within the Math faculty before I switched into the Science and Businessprogram. I was proactively seeking my first science co-op opportunity from professors in the Biology department (apathnotusually taken).Fortunately,Dr.BrianDixonchosemefora4-monthsresearchassistantposition.Iwasunawarethat this position would determine my future career path.

Dr. Dixon is a teleost immunologist with a primaryfocus on rainbow trout and atlantic salmon immunesystem. We examined the CD9 surface marker duringthe 4 months requiring techniques such as bacterialculture, cloning, ligation, transformation, PCR, SDS-PAGE, Western Blot and His-tagged filtration columns.

Armedwith theseskills,mynextco-opapplicationprocesswasmucheasier.Iwasoffered3co-oppositionsandIchoseto work at the London Regional Cancer Center with Dr.Eva Turley. We spent 4 months studying two hyaluronanreceptorsknownasCD44andRHAMM.Wewereinterestedin the branching morphology of breast epithelial cellaggregates under the induction of hyaluronan. I learnednew techniques such as RNA riboprobe construction, insitu hybridization and murine cell culture in gel matrix.I was offered the opportunity to return to the lab foranother4months.However, Iwantedtobroadenmyskillsand seek other opportunities on my third co-op term.

Returning to school for my second year, I foundmyself at a significant advantage in my biology courses. The practical skills from my co-op projects,paired with the theories taught in the courses, greatly

strengthened my understanding of the course materials.

Tostartmythirdyear,IwasworkingwithDr.EliseHeon.SheistheOphthalmologistinChiefattheHospitalforSickChildren.Asperplan,Iwasopeningupanopportunitytoworkinageneticslab.WeusedSingleNucleotidePolymorphism(SNP)genotypingtechniqueonanArmenianpopulationandfoundanovelmutationintheLIM2gene.WepublishedtheresultsasaposterpresentationattheAmericanSocietyforHumanGenetics.AlthoughIhadfun,geneticsandbioinformaticswerelessappealingthancancerbiology.

Fast forward to my last co-op, I worked at Princess MargaretHospitalwithDr.RobG.Bristow,aprostatecancerclinicianandchair of the Prostate Cancer Research Foundation of Canada’sscientific advisory committee. We designed a series of experiments to investigate whether the PML protein is involved in DNA-double stranded breaks sensing or repair. We employed varioustechniques including immunoflorescence, confocal microscopy, 3D reconstructionofconfocalimagesandWesternBlot.The8monthco-opwasextremelyproductive.Wehadgeneratedenoughdatafor3manuscriptsincludingapublicationintheJournalofCellBiology.

The greatest return from my 8-month co-op was t h einvitationtostudyunderDr.Bristowashisgraduatestudent.IhaveplanstocontinuemyeducationinaMaster’sandPhDprogramstartingattheUniversity of Toronto’s Medical Biophysicsdepartment for their Master’s program.

Theco-opprocesshasbeenatremendousexperience.Itprovidedthepossibilityformetoimmersemyselfinvariousbiologyfields and helped to map out my career path.

Meet Karolina…Name:KarolinaDrozdYearandProgram:3BSciBus-Biochem

Why she chose uWIknewIwantedtobeinanenvironmentthat’schallengingandhighlyrewarding.Waterloohasagreatreputationforprovidingthat.

her take on co-opIcan’timaginegoingwithouttheexperiencesthatco-ophasprovidedtome.Ithasallowedmetoreachexceptionalplaces– like my upcoming term on the trading floor at TD Securities. The truth is that working is very different from going to school andthere’snobetterwaytolearnaboutitthanjustgettingoutthere.

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the MAn Behind the nAMebyJamieSoo4thYearBiotechnology/CharteredAccountancystudent

OnatypicalcloudySaturdayafternoon,whilehavingacoffeeandoverlooking the heart of the retail district in Bay Street Toronto,Harrypointedintothedistance,lookedatmeandremarked,“Thisstoreisgoingtodoverywellforitself.Takealookatitsentrance–thestoreopensupwiththosevibrantcoloursandinvitescustomersin. But look at that store, the flair is just not there – this one won’t make it. But Jamie, there is more to success than the front of astorethough,we’lljusthavetowaitandsee.”Astheconversationcontinued,Ieagerlydigestedhisevaluationofvariousstoresinthisbustlingareaoftheneighbourhood.Iknewhewasonthevergeofunlockingsomethingbig,butIjustdidnotknowwhat.

It was two years ago when I first met Harry Rosen. He came to the UniversityofWaterlooonacold,snowydaytoshareabitofwisdomwiththehundredsofeagereyesandearson-campus.Hetoldusastoryofanincrediblejourneythatnight,fromhishumblebeginningsasajuniorclerkatalocalmenswearstore,totheestablishmentofhisownstore,tothetransformationofHarryRosentheclothiertoHarryRosenthebrand,andalltheupsanddownsalongtheway.Attheendofthespeech,oneofthecaptivatedaudiencemembersaskedthesingleperplexingquestionthatwasonallofourminds,“Allinall,whatisyourformulaforsuccess?”Withalittlecurlonhislips,Harryreplied,“Tofocusonmakingsurethatthestaffissuperblytrainedsothateverypersonthatwalksintothestorewillexperience theHarryRosenexperience.” Butwhat is thisHarryRosenexperience?Itwassuchasimpleyetenigmaticanswer,butinitwastheheartofwhatdroveHarryRosenfromasinglestoreonParliament Street 52 years ago to a national icon with fifteen stores acrossthecountryanda35%marketsharetoday.Onmypersonalquest to find out what this “experience” is, I joined the organization duringmyco-opworkterminthesummer.IretracedHarry’searlyfootsteps – by working on the selling floor during the weekends and at an accounting firm full-time during the weekdays.

I learned a lot over the short four months at the store. Mostdistinctly, I can remember the early summer Saturday morningwhen I first walked onto the selling floor as a trained “sales specialist”. A manager told me to keep one thing in mind - thatthe ideal personality of a salesman in the industry behaves likeachameleon–someonewhocanadjustandadaptthemselvestoservecustomerstothebestoftheirsatisfaction.Withthosewordsin mind, I confidently walked onto the selling floor and approached my first customer.

To say the least, that first day was disastrous. Even with all the product training, manager shadowing, and mentorship from thehelpful staff, the first day working was completely overwhelming. Asabareminimum,Ihadtokeeptrackofthecustomer’sarticles

ofinterest,necksize,shoesize,waistsize,andpantslength.Next, I had to remember where all the different styles andbrands of shoes, ties, shirts, belts, and accessories werekept.Tocompounduponmyproblems,itwasalsoessentialthat I kept my composure as a knowledgeable “specialist”as demonstrated through remembering the various cutsand styles of 36 different designer labels and also showingcustomers products that would interest them. How wasI supposed to act like a chameleon with all these thoughtsrunning wildly in my mind? By the end my first weekend, my performancewascatastrophicatbest,sellingagrandtotalofabeltandapairofsocks–2itemsinthe20hoursthatIwasstandinginthestore.

Asdifferentstaffcameoverattheendoftheweektosayafewwordsofcompassion,Iwasinastateofutterdismay.Inthepast,Ihavehadawealthofexperienceinleadingstudentgovernments, organizing conferences, and coordinatingevents–howcanthisbesohardandhowcouldIhavefailedsomiserably?Itwasatthatpointofcontemplationwhenoneof the store managers approached me and offered a usefulpieceofadvice,“Jamie,you’retryinghard,Icanseethat–butperhapsyou’retryingwaytoohard.Justrelax,SMILE,andhavesomefun!Ifyouarereallynothavingfunatall,atleasttrytoactasifyouare.”

Itisfunnyhowasimplesmilecanchangeeverything.Sucha simple gesture tripled my sales in the next week, whichdoubledagaininthefollowingweek.Ifoundthatsmilingisinfectious:itputsthecustomersateasesothattheycanenjoytheshoppingexperienceasIintroducegarmentssuchasHugoBoss, D&G, or Armani. I thought I finally held in my grasp the meaningbehindthe“HarryRosenexperience”.Quitesimply,thegoalistomakesurecustomersenjoytheexperienceandwalkouthappywiththegarmentstheypurchase.

This notion completely changed one day when a womanwalkedintothestore.Justlikeanyothercustomer,Iputsomemintsintomymouthandapproachedtheladywithasmileonmyface.Shesmiledandtoldmethatshewasonlylookingforapocketsquareandnothingelse(apocketsquareisthesquarepieceofhandkerchiefthatisworninthebreastpocketofasuitorblazer).

We casually chatted and it turned out that she was gettingmarriedintwoweeks,atacottageoffthecoastofVancouveron Victoria Island. Her fiancé and her family were both flying in from France. We talked about the wedding, the colour

hARRY Rosen exPeRience

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coordination, the themeof thevenue,andeventuallyaboutthegroom’sandthegroom’smen’sattire.Forawomanthatfirst came in to buy a pocket square, I spent two hours with herinhelpingherselectdressfurnishingsforthegroomandthefourgroom’smen:frombeltstotuxedoshirtstocufflinks.Attheend,shetookmyhand,lookedstraightintomyeyes,flashed a big smile, and said, “Jamie, thank you very much foryourhelp.ThiswasoneofthebestshoppingexperiencesIhavehadandIamveryhappywiththechoices.Iamevenmoreexcitedaboutthewedding!”ItwasatthatinstantthatI realized I had it all wrong. The Harry Rosen experience,orwhatIthoughtwasbasicallytheartofselling,neverwasaboutsellingatall.Infact,theessenceoftheexperiencewasbuildingcustomerrelationships.

Fortherestofmytermworkingatthestore,IlearnedmoreaboutthemenswearbusinessthanIcouldhaveeverdreamedof. It seems almost cliché to say that everybody has a different personality, but there is always something that makeseveryonewhowalksintothestorefeelathome.

IwalkedHarrybacktohisstorethatSaturdayafternoon.Onein every five people strolling along Bloor Street stopped and greeted him like an old friend. Harry, in his usual friendlydemeanor, welcomed them with a smile. Whether he wasaskingaboutnextweek’soperaperformance,thisChristmas’vacation, or some family members overseas, Harry seemedto strike a common resonating chord with each and everyoneofthem.ItwasthenIrealized,asaman,HarryRosen’s

success lay in his humble and confident personality. As a brand, thestrengthofhisorganizationliesinthewayhispersonalityhastranscendedandpermeatedthroughthestoresthrough52yearsofbusiness.

AsHarrysaidgoodbyeandwent intohisstore, Istaredthroughtastefullyadornedstorewindowsandobservedhowhewarmedtothestaff,incomingcustomers,andeverybodyaround.TheheartofHarryRosen,asboththemanandthebrand,isnotinterestedonlyinselling,butinbuildingrelationships-maybeevenlifelongfriendships.

Jamie Soo poses for a picture with Impact Conference advisory board mem-ber Harry Rosen after the 2007 Impact Conference in Toronto.

hARRY Rosen exPeRience

Meet Jamie…

Name:JamieSooYearandProgram:4BBiotech/CA

his extracurricular involvementThemostnotableexperienceoutsideoftheScienceandBusinessprogramswasmyinvolvementwithImpact.Impactisanon-profit organization that is run by students nationally. It aims to promote entrepreneurship and leadership in Canada. During myinvolvementwiththeorganization,notonlydidIhavethechancetolistenandspeaktosomeoftheleadersoftoday,suchasHarryRosenandKendraTodd,the3rdseasonwinnerof“TheApprentice”,butIalsohadthechancetomeetmanyyoungandambitiousstudentswhohavedevelopedintoenduringfriends.

his Advice to youWalkintoanysituationwiththeaimoflearningsomething.Evenifyoudonotachieveyourintendedgoal,you’llneverwalkawayemptyhanded.Someofthebestthingsthathappenareneverintended.

*Jamie is one of the SciBus student ambassadors. He is also part of our committee of dedicated students that help make suggestions and improvements to our programs. Jamie was recently featured in the Globe and Mail in an article about combined accountancy programs. Congratulations Jamie!

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It was the first warm Saturday morning in March, and one could safelybetthatmanystudentswerebaskinginthesunorrollingoverforacouplemorehoursinbed.ButattheUniversityofWa-terloo,hundredsofthem,well-coiffedanddressedforsuccess,showedupearlyandpackedtheschool’sWilliamG.DavisCen-treforadayofseminarsandactivitiesorganizedbythestudentleadership of Waterloo’s undergraduate science and businessprogram. The sold-out conference, called “The Driving Force:FromSciencetoBusiness,”includedtalksonnetworking,com-mercialization,andhowtolaunchyourownstart-up.Intheaf-ternoon–justbeforedividingintoteamsthatwouldcompetetoinventanewproductandthensellittoapanelofjudges–thestu-dentswereaskedtoraisetheirhandiftheywerehopingtostartabusinessorbeotherwiseentrepreneurial.Fullyone-thirddidso.There’s a genuine and growing interest in entrepreneurshipand the commercialization of ideas among Canadian sciencestudents, says Anne Swift, president of Young Inventors In-ternational, a nonprofit organization that provides educa-tion, networking and practical help to student entrepreneursand innovators. A plurality of Young Inventors’ 1,300 indi-vidual members are Canadian, nine in 10 are students, and80percentof thoseareeither scienceorengineering students.

Butthechallenge,shesays,isgettingCanadianinstitutionsonboardinacomprehensiveway,byprovidingabreadthofpro-grams,centralizedsupportandnetworkingopportunitiestostu-dentswhowanttobeentrepreneurial.Ms.Swift,(nowadoctor-alcandidateinthestrategy,entrepreneurshipandtechnologicalchangeprogramatCarnegieMellonUniversity),foundedYoungInventorsin2001,whenshewasasecond-yeareconomicsstudentat the University of Western Ontario and couldn’t find any prac-tical resources to help her secure a patent on a flexible keyboard.

YoungInventorshostedthreeconferencesforyounginventorsandentrepreneursinToronto,buthadabetterreceptionafteritslatestwasheldinBostonearlierthisyear.“SinceourconferenceatMIT,myphonehasbeenringingoffthehook,”saysMs.Swift.“In the U.S. we’ve found a very significant interest in what we’re doing,andsothefacultyandadministratorsandpeoplerunningbusinessplancompetitionsarecallingus.InCanada,it’sreallybeen about us trying to find the right individual at an institution thatisreceptiveandopen,andthat’sbeenaverybigchallenge.”

Canadian schools are starting to provide resources for stu-dentsand introducing relevantprograms (somearedescribed

later in this article), but faculty members who are active inthe entrepreneurial game say the institutions have a longway to go to catch up to the best that the U.S. has to offer.Perhaps it’s not surprising that Young Inventors has had ahardertimemakinginstitutionalconnectionsnorthofthebor-der,sinceCanadahashaditsownproblemsintheareaofen-trepreneurship and commercialization. “We’ve developedeverything from insulin to geographic information systemsto space technology, and they end up being commercializedor marketed or produced and developed somewhere else,usually in the United States,” observes Harvey Silverstein,whose PhD is in science, technology and international affairs.“It’ssimplybecausewedon’thavethecultureandsomeoftheinfrastructurethatpropelsscientistsandenablesthemtocom-mercialize and build upon their scientific and technological break-throughs,”continuesDr.Silverstein,whodirectedtheexecutiveMBAprogramattheSobeySchoolofBusinessatSaintMary’sUniversitybefore returning to theprivate sector this summer.

Commercialization doesn’t lend itself easily to measurement,butsomeindicatorsgiveasenseofhowCanadacompareswithitsmajortradingpartners.TheWorldEconomicForumrankedCanadian businesses 27th overall in their propensity to com-pete on the basis of unique products or processes rather thanlow-cost labouror rawmaterials (cited in the recent report tothefederalgovernmentoftheExpertPanelonCommercializa-tion of University Research). Ontario’s Institute for Competi-tivenessandProsperityhasshown thatCanada trails theU.S.in patent output, an important measure of commercialization,with 60 percent fewer patents granted per 10,000 employees.

People in the field say the “disconnect” between research and business creation that prevails in the wider Cana-dian society is often reflected on Canadian campuses.

“Most academic institutions don’t have a culture of entrepre-neurshipandinnovation,”saysLucLalande,directorofCarletonUniversity’s innovation transfer office. “It’s not like at Stanford orMIT,wherestudentswithideasareactuallynurturedandsup-portedinvariousways.Ifyou’vegotaneatideaonthosecampus-es,it’salmostexpectedthatyou’regoingtodosomethingwithit.”

BrianCourtney,aCanadianandnowaninternalmedicineresidentattheUniversityofToronto,foundthatthehelphereceivedfromStanfordUniversitywasveryhelpfulinbeingabletoproduceand

getting entRPReneuRshiP doWn to A science

ExternalArticlebyTimJohnsonfeaturedintheAugustIssueofUniversitiesAffairsMagazineReprintedwithpermissionfromTImJohnsonandUniversityAffairsEditorPeggyBerkowitz

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marketamedicaldevicethatheinventedwithtwootherstudentswhileenrolledthereinamaster’sprograminelectricalengineering.Their“RinspirationSystem,”whichsimultaneouslyrinsesandaspiratesabloodvesselbeforeastent is inserted, isnowusedby cardiologists across the U.S. Like many young entrepre-neurs, the students accumulated tens of thousands in credit-carddebtandlivedonpeanutbuttersandwichesintheprocess,but inaveryshort time theygarnered thecapitalandregula-toryapprovaltheyneededtoproduceandsellthetechnology.

Dr.CourtneysaysindividualsatStanfordplayedanintegralrolebyintroducinghimandhisteamtopotentialmentorsinSanFran-cisco’sthrivingbiomedicalcommunity.“Wewereverylucky,asthreeengineeringstudentswhowereverywetbehindtheears,tohaveworld-classphysiciansandentrepreneursinvolvedwithus from the get-go,” says Dr. Courtney. “They were critical.”

Money, moneyPredictably,someoftheprob-lem for Canada boils downto dollars and cents. Themuch larger U.S. populationtranslates into a bigger mar-ket, huge sources of govern-mentfunding,moreinvestorsand more venture capital. Comparing Ontario withCaliforniaandMassachusetts,two states that are also eco-nomicpowerhouses,Ontario’sInstitute for Competitivenessand Prosperity found that in2003,roughly$400ofventurecapitalwasinvestedpercapitainthosetwostates,comparedwithroughly$100 inOntario(seerelatedarticle,“Surveyre-portsCanadiantechtransfer”).

Many people also see a cultural divide between Canadaand the U.S. when it comes to entrepreneurship. This isharder to quantify, but the Global Entrepreneurship Moni-tor (in a report prepared by researchers from HEC Montréal and UBC’s Sauder School of Business) found that eight per-cent of adults in Canada took part in entrepreneurial activ-ity, compared with 11.9 percent in the U.S.; Canada rankedmuch closer to Norway, at 7.5 percent, or Ireland, at 8.1.

Dr. Silverstein in Halifax says that mixing science and com-merceisoftenseenasperverseinCanada,whereasintheU.S.theopposite isoften true–academicscienceandthebusinessworldpartnerupinabigway.Also,scientistsinCanadaaren’trewardedtothesameextentbytheirpeers,saysDr.Silverstein,or seen as positively “if they decide to take something out ofthe laboratory and try to make a commercial success of it.”

Cultural differences are also cited by David Brener, directorofresearchtranslationprogramsfortheCanadianInstitutesofHealth Research. He says U.S. investors, both public and pri-vate,aremoreaggressiveandinvestmoreheavily,whileCan-ada is content to produce top-quality knowledge for the rest

of the world to use. “For too long, we have been very happyto be slapped on the back and told how clever we are,” saysDr.Brener.“Wehavetolearnhowtoleadandbeproudofit.”

Many in the innovation field are convinced that more commer-cialization could bring unlimited benefits to Canadian society, includingmorejobs,morewealthforthecountryandagreatercompetitive advantage internationally. Owen Ward, professorofmicrobialbiotechnologyanddirectoroftheUniversityofWa-terloo’sscienceandbusinessundergraduateprogram,saysuni-versitiesneedtodevelopentrepreneurialskills,likerisk-takingandactingquicklyonideas,sothatCanadacanstaycompetitive.“Weneedtoencouragethatinourstudents,”hesays,“becausebeforemostofthemare35,theorderofeconomiesisgoingtobe:Chinanumberone,IndianumbertwoandtheU.S.numberthree. Is that ever going to have a significant impact on North

America and Canada!”

Universities’ roleManyplayersareinvolvedin nurturing and develop-ingentrepreneurship,fromuniversity leaders to busi-nessscionstoinvestorsandeven consumers, whosedemand for better prod-ucts and services also fu-elsinnovation.Whatisthespecific role of universities instrengtheningthebegin-nings of entrepreneurialeducation in the sciences?

Different strategies willwork for different institu-tions, and changes willtake place slowly, pre-

dicts Ms. Swift of YoungInventors International:“It’s about moving in-

crementally towards something that’s a bit more radical.”

Mr. Lalande of Carleton’s innovation transfer office says stu-dents need courses that are relevant to entrepreneurship, aswellassupportbeyondthecourseworktohelpthemgainmo-mentum. Deans should involve the community, so that stu-dents can find mentors and gain experience, and they shouldn’t shy away from hiring faculty with a background in business.“It really depends on a few champions within these uni-versities and colleges,” he says, “to start new programsor deliver courses that are entrepreneurship-relevant.”

BrianGuthrie,directorofinnovationandknowledgemanagementfortheConferenceBoardofCanada,saysCanadaneedsgradu-ateswhobecomeentrepreneursaswellaspeoplewhosescientif-icresearchskillsmeshwithanunderstandingofthemarketandofconsumers,sotheycanworkinscience-basedindustrieslikebiotechnology.Forhim,workplacementsarethemostimportantpartofthemix.“Firstandforemost,universitiesshouldhelpstu-dentsgetreal-liveplacementsinreal-livebusinessenvironments.”

Students participate in brainstorming session at the Science and Busi-ness conference; The Driving Force: From Science to Business

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Perhapsthebestexampleofameetingplace forscience,busi-ness and practical experience at the undergraduate level is inthe University of Waterloo’s science and business (or SciBus)undergraduate program. Dr. Ward, its director, holds half-a-dozen U.S. patents and has spun off three companies fromhis research since coming to Waterloo almost 20 years ago.

Intheprogram,businessiswovenontoacoresciencebase,andstudentscanmajorinbiotechnology/charteredaccountancy,bio-technology/economics,orsimplyscienceandbusiness.Water-loo’swell-knownco-opprogramisachiefcomponentofSciBus. By the time a student graduates, says Dr. Ward, he orshe will have finished five or six different placements and

gained a diversity of experience, from laboratory scienceto marketing and mixtures in between. Students also ben-efit from the university’s Research and Technology Park. It includes the Accelerator Centre, a facility created for thepurpose of nurturing innovation and commercialization.

While therearen’tmanyundergraduate programs likeWater-loo’s,severalMBAprogramsmixscienceandbusiness–includ-ingthoseatQueen’s,Waterloo,York,Western,Acadia,andtheuniversitiesofSaskatchewanandNewBrunswick(SaintJohn).SimonFraserUniversity’sgraduateprograminmanagementofbiotechnologyintheSegalGraduateSchoolofBusinessgrewoutof industry need, explains Michael Parent, professor and aca-demicdirectorofMBAprogramsatSimonFraser.BiotechisbigontheB.C.lowermainland,hesays,solinkswiththebusinesscommunity are close and networking opportunities abound.

For students with an idea that they’re ready to launch,Carleton University offers the Foundry Program.

TheFoundrygivessmallgrantstoundergraduateandgraduatestudentsandeven to faculty, inscienceaswellasotherdisci-plines,totaketheirideatothenextlevel,anditintroducesin-ventorstopeopleintheindustry.WhileitmaynotmatchwhatacreativestudentmightexpecttoreceiveintheU.S.,saysMr.Lalande,atleastitprovidesmuch-neededencouragementandcanfeedalargercultureofentrepreneurship.“Wewantpeople

toactontheirideas,”hesays.“Theymaynotallstartcompaniesaftergraduation,butwe’vealreadyplantedtheseedthatmayawakentheirentrepreneurialambitionslateronintheircareer.”

Onalargerscale,theCanadianInstitutesofHealthResearchlastyearlaunchedtheSciencetoBusiness(S2B)program,aseriesofgrantsdesignedtoaddressthegapbetweenresearchdiscoveriesandtheircommercialization.TheprogramprovidesuniversitieswithfundingtoallowseveralPhDgraduatesinthelifesciencestopursue an MBA. In its first year, four business schools – at Toronto, Western,SimonFraserandSaskatchewan–weregrantedfundstosupportthreecandidateseach,andtheprogramwasre-launchedwithfreshfundsandanewcallforapplicationsearlierthisyear.

InAtlanticCanada, theAcadiaCentre forSmallBusinessandEntrepreneurship, an affiliate of Acadia University, is try-ing to address another issue: how to integrate entrepreneur-ship into the university reward system to encourage morefaculty to take part. “We know that faculty are driven by thefactors that affect promotion and tenure,” says Chris Pelham,the centre’s executive director. “That equates to research.”

Founded in 1988, the centre is slow-ly gaining acceptance in Acadia’s halls. Itpresentslecturesonentrepreneurialandbusinessskills,runscontests,andoffersacreditcourseonthetheoryandprac-ticeofentrepreneurshipthat’sopentoanystudent inanyfac-ulty.Mr.Pelhamsaysthestrategiesforencouragingfacultypar-ticipation include finding ways to give more weight to teaching and service in tenure and promotion decisions for professorsinvolved in the centre; defining entrepreneurship to include social and community enterprise; and relying on championswhobelieveentrepreneurial skills are important tograduates.

Often,though,teachingentrepreneurshipismoreaboutinspira-tionthaninstruction.Dr.WardofWaterloosaysentrepreneurshipinuniversitiesisaboutliberty,creativityandfreedomofthought. “Students need to be freed up from the chains of ex-ams and evaluations,” he says, “so they can expressthemselves and not always be constrained by someoneelse’s expectations – which is what exams are all about.”

Back at the Waterloo conference for entrepreneurial stu-dents, as fellow student volunteers pack up the displaybooths from the industry exhibition and wearily sweep upthedetritusofaverybusyday, theScienceandBusinessStu-dent Association president and event co-chair, Ryan Mc-Cartney, concludes that the conference has been a success.

“Peoplehaveideas,butthey’resometimesalittleintimidatedtotakeaction,”heexplains.“Ithinkthisconferenceinformedpeo-ple[how]scienceandbusinessareintegrated,andinspiredpeo-pletomoveforwardwiththeirideas.Wewentfromnetworkingtofoodproductdevelopmenttohowtosellasascientist.Ithinkwereallyencouragedpeopletothink,‘Yeah,Ihaveagoodidea,and I think there’s potential for that idea to go somewhere.’”

Science and Business students Tasneem Nakhooda and Julian Nam discuss the booths at the conference’s innovation fair.

Special thanks to TimJohnson and Peggy Berkowitz for allowing us to reprint the article.

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co-oP suRvivAl guide

10 things You didn’t KnoW ABout co-oPbySabaRehmani4thYearScienceandBusiness-Biochemstudent

1. WhendoIstart?- Your first co-op term doesn’t start until 2nd year (ie. you get your first summer off!)

2. ButIdon’tevenhavearesume!- Don’tworry!YoucangetgreatresumebuildingandcoverletterwritingtipsatUWCareerServicesandthroughCO-

OP101(acourserequiredforallco-opstudents)3. CanIgetextrahelpifIneedit?

- Yes!UWCareerServicescanhelpyouwithadditionalservicessuchasresumecritiquingandmockinterviews.Justmakesuretocheckouttheservicesavailable.

4. WhatifIwanttoarrangeformyownemployment?- This is definitely a possibility! Talk to a Science co-op advisor early in the term prior to the co-op term of interest.

5. DoIgetpaidduringmyco-opterms?- Yes!Infact,co-opcanhelpyoupayforschool(yes,tuitionandtextbooksareexpensive,butyoucansaveupfor

schooltermsduringyourco-opterms)6. CanIstartpreparingearly?

- Yes, you can! Recognize that good grades will help you stand out, especially for your very first co-op term. Also, makesuretogetinvolvedinextracurricularactivities(employersloveleadershipexperience).

7. Whatgoesonintheco-opbuilding?- The good ol’ Tatham Centre (aka co-op building) is where you’ll find co-op advisors and Career Services. Plus, it’s

buzzing with interview candidates during the school term. During final exam season, the super cool interview rooms doubleasgreatstudyrooms!

8. DoScienceandBusinessstudentsget“Sciencejobs”or“Businessjobs”- You’llbehappytoknowthatasSCIBUSstudentsyouhavedoubletheoptions;youcanapplytoanyandalljobsthat

interest you. Some students go towards Science, others towards Business, and there are definitely jobs where youcanmarrythetwo!

9. WillIhavetheopportunitytomakea“real”impact?- Yes!Co-opstudentsareoftentreatedlikefull-timeemployees(especiallyinlaterworkterms).

Lookforeveryco-optermasapotentiallong-termemployerandachancetobuildyournetworks.

10. Whatdocurrentco-opstudentsthinkabouttheprogram?- ManywillagreethatitwastheBESTdecisionthey’vemade!

Meet ellenie…Name:EllenieChanYearandProgram:3BSciBus-Biochem

her co-op experiencesI enjoyed my co-op terms immensely and made fantastic contacts! I plan on pursuing a career in finance and without co-op, it would be extremely difficult to get a job in that field. I think the co-op experience definitely helped me figure out what I DON’TwanttodointhefutureandwhichareasIwanttocontinueexploring.IfIdidn’thaveco-op,Iwouldprobablyendupspending a year or two after graduation volunteering and/or taking on an internship program to figure out what I want to do in the future. I think co-op definitely saved me time and helped me pay for school along the way!her Advice to First YearsGetinvolved!You’llmeetsomanyamazing,like-mindedstudentswhenyoudo!

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uW exPobySianTsuei1stYearBiotechnology/EconomicsStudent

University of Waterloo is known as the most innovativeand entrepreneurial Canadian university, and, whileI expected no less, the UW Expo conference, held onSeptember 29, 2006, still blew me away with its richness.

Entrepreneurship does not have to be confined to the realm of participation in for-profit businesses. It can extend to involvement in non-profit organizations such as Engineers without borders. Hearing ParkerMitchellandGeorgeRoterpassionatelydiscusstheirreasonsforstartingabusinessmademerealizethatbusinessskillscanbeusedtoimpactuponourworldinmorethanjustthebusinessway.

This theme was evident throughout the conference. The mostimportantreasonforstartingabusinessshouldnotbeformoney,for profit or for prestige. As the keynote speaker Larry Smith said, people will keep pounding entrepreneurs with doubt andskepticism, and if the need to establish a business is monetary,the entrepreneur really has to wonder if it is worth beingimmersedinabusinessenvironment24-7.Itmustbeforpassion.

Ihadneverthoughtofbusinessinthatwayandthatcorporationsmay be constructed on a deeper moral foundation. It appearsthat there is always something that company founders truly

believe will create value in this world.

Everyspeakerhammeredatthispoint,andsharedtheirowninsightsabouthow“youngsters”shouldarrange their livesby describing amazing stories of how they climbed up thesocioeconomicladder.Forexample,AngelaMondou,authorofHittheGroundLeading,stressedthatwhileit’sgreattohavethepassiontowanttobeanentrepreneuratanearlyage,itisabsolutelycrucialtohavethetrainingandnetworkofsupporttobeabletofoundacompanyorcreateanorganization.Everymundane task that shehadundertaken in the lastnineteenyearshastaughtherskills,bigorsmall,thatarehelpinghermarket her books and establish her publishing company.

I found the support available at the UW Expo to be muchmorehelpfulthangeneralcareerpathdiscussions.Scatteredaround the convention were booths of venture capitalcompanies and various firms who assist entrepreneurs in establishing their companies or organizations. Infusionangels,forone,offeredactualventurecapitaltoentrepreneurs.

All kinds of opportunities are provided in the Universityof Waterloo for entrepreneurs. UWExpo was just oneexample. As the Impact Organization grows, moreconferences will surely be held at this University.

cAMPus involveMent

Meet shazeen…Name:ShazeenBandukwalaYearandProgram:3BSciBus-Biochem

her on-campus activitesThereisacluboncampustosuityoureveryinterestandifthereisn’tyoucaneasilycreateyourown!I’vebeeninvolvedwithSmilingOverSickness,UniversityofWaterlooInternationalHealthDevelopmentOrganizationandtheWorldUniversityServicesofCanadatonameafew.Theseactivitiesallprovideamediumtopursueotherinterestsandtoreallymakeadifferencearoundcampusandinthecommunity.Her advice to first years Universityissomuchmorethangoingtoclassandstudying.Getinvolvedinasmuchasyoucan.Forexample,attendtheconferencesandactivitiesoncampusorcheckoutbandsatBomberorFedHall.

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cAMPus liFe At the univeRsitY oF WAteRloobyLeticiaKwok4thYearBiotechnology/EconomicsStudent

Thehustleandbustleofstudentsandprofessorsracingtogetfrom one class to the next can be a little intimidating at first, especiallyafteryou’vejustdiscoveredthatyou’vebeenwalkingintheoppositedirectionofwhereyournextclassshouldbe.TheUniversityofWaterloocampusspansabout1,000acressoevenwithamap,itcanstillbelittleconfusing.Withsuchabigcampusandover22,000students,theactivitiesandthingstodooutsidetheclassroomandaroundcampusareendless.

One of the first things you’ll notice about the University of Waterlooisthatitisverydiversewithpeoplefromdifferentethnic backgrounds, from different religions, and frommany parts of the world. This is an especially wonderfulthing about this school. Not only do you get to learnabout the different cultures, but you will develop lifelongfriendships and bonds with the new people you meet.

If you are going to become a first year student, this may be your first experience of living in residence and away fromhome.Residence isoneof thebestways tomeetnewfriends since everyone you are living with is new to theuniversity and in the same boat (except the residence donofcourse). Iamcurrently inmy lastyearatUWand Imetfive of my closest friends in first year living in Village 1 residenceandtothisdaywestillremainveryclosefriends.

There are many other things you can do around campus,whether it be academically or socially. Since you areinterested in UW’s Science and Business, Biotech/Econ,or Biotech/CA programs, you can join the Science andBusiness Student’s Association (SBSA). SBSA holds variousevents every term for you to participate in or help plan.This is a great way meet people from all different yearsin all 3 programs and it also looks great on your resume.

A little advice: getting involved in first year can be a big advantage. NotonlydidIgettomeetnewfriends,buttheolderstudentswereabletohelpmewithmyassignmentsandlabs,andgavemesuggestionsabout which courses and professors are the best, or the easiest!

Forthoseinterestedinjoiningaclubwithstudentsthatsharesimilarinterests, there are currently 117 clubs offered at UW. From theSwingandDancesocialclubtoUW’sinvestmentclub,Iguaranteethat you will find one in which you are interested. For a full listing and description of each club visit: http://feds.ca/club_listing.

UW’sathleticsprovidesawiderangeofsportsinvarsityandcampusrecreation.Anextensivelistofsportsactivitiesisavailable.IstartedoffasawhitebeltintheTaeKwonDoclubatUWandnowIamonly2beltcoloursawayfromblack!Takingupasportorevengoingtowatchvarsitygames isanexcellentwaytounwindandrelax.

UW also holds fun events such as concerts, comedianshows, and hypnotist nights. I especially enjoy the concertshere for the live music and also because I’ve had severalopportunities to meet famous band members! Now that is cool.

The campus life at Waterloo is great, it’s not only exciting, butyou get the full fledged university experience while meeting new friends. When youarrivehereatUW,Iassureyoutherearealways fun things going on and newpeople to meet. After all, there is areasonwhythecampusis1,000acres.

Meet nicola…Name:NicolaWestonYearandProgram:3BSciBus-Biology

her Activities on campusI’vedonealotofvolunteerworkwiththeOffCampusDons(OCD),theFacultyofScienceFoundationandmostrecentlytheWorldUniversityServiceofCanada(WUSC).IenjoyworkingwithotherstudentsaspartofOCDwhoarededicatedto helping first year students living off campus adjust to university life. WUSC strives for a more equitable world through educationandIampassionateabouttheworkIdoforthisworthwhileorganization.her AdviceValuewhatyoulearninyourlectures,tutorials,andlabs,butdon’tletthatbetheonlythingyouruniversitycareerisabout.Seewhatotherschool,community,andinternationalexperiencesareavailableandpursuewhatinterestsyou.

www.scibus.uwaterloo.ca

Producing Leaders for the New Economy

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