New Orleans, Louisiana
June 26, 2016
June 26, 2016
June 29, 2016
The need for innovative entrepreneurship was perhaps never more pronounced than it is today, especially in India where that is the only way to leverage the demographic dividend and not allow it to turn into a demographic curse. We really need a large number of innovative entrepreneurs. And, if we have to succeed in fulfilling that rising need, we must ‘catch them young’. We will have to create entrepreneurs or entrepreneurial mindsets right in our colleges. Engineering education is the most apt and fertile place for such a mission. The engineering curricula all over the country are heavily loaded already and as such, cannot accommodate additional courses. Therefore, we have to creatively integrate innovative entrepreneurship with engineering education with minimal addition to the curriculum.
We carried out a survey, with open ended questions, of successful India based entrepreneurs to understand the key attributes required of entrepreneurs. We then refined the set of attributes based on the earlier research. Based on the set, we built a framework for integrating development of innovative entrepreneurial competency with engineering education. The framework includes psychometric assessments, competitions for benchmarking, knowledge electives, and multiple projects with increasing sizes and complexities. We expect the enterprises to be launched at the completion of capstone, if not earlier, projects. The framework also helps us to understand capability of institutes and develop action plans to foster innovative entrepreneurship. We have assessed fourteen colleges using the framework. We plan to present a case study that analyzes capabilities of an institution and present an action plan that they can adopt to integrate innovative entrepreneurship with engineering education.
Waychal, P. K., & Ranade, A. (2016, June), Integrating Innovative Entrepreneurship with Engineering Education Paper presented at 2016 ASEE Annual Conference & Exposition, New Orleans, Louisiana. 10.18260/p.25398
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