Dr. Ajay Singh (MIET, Meerut) Dr. Shashi Singh (MIET, Meerut)
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Higher Education and Knowledge Transfer: Key to Entrepreneurial DevelopmentInternational Conference on Information Security and Management(ICMIS2010)- IIIT-Allahabad(January 21st - 24th 2010)
Dr. Ajay Singh(MIET, Meerut)Dr. Shashi Singh (MIET, Meerut)Dr. Kiran Singh(University of Allahabad)
Entrepreneurship: Concepts & DefinitionsEntrepreneurship is the process of creating something new with value by devoting the necessary time and effort, assuming the accompanying financial, psychic, and social risks, and receiving the resulting rewards of monetary and personal satisfaction of independence. Robert Hisrich
Entrepreneurship: Concepts & Definitions
Entrepreneurship is an act of initiative, drive, commitment, diligence, perseverance, organized effort, and achievement outlook, to undertake some specific functions of performing productive activities and the capacity to bear and associated with the investment.Economic Policy Paper on Entrepreneurship Development through Educational Reform-Bangladesh
Entrepreneurship: Concepts & Definitions (The Revised GEM Model)Basic Requirements:Institutions InfrastructureEconomic StabilityHealth & Primary EducationEfficiency Enhancer:Higher Education & TrainingGoods & Labour Market EfficiencyFinancial MarketInnovation & Entrepreneurship:Entrepreneurial FinanceEntrepreneurship EducationR& D Transfer etc
EntrepreneurshipAttitudes:Perceived OpportunityActivity:Early StageAspiration:GrowthNational Economic Growth(Jobs &Technical Innovations)
Entrepreneurship: The ImportanceCentral to the development of economyThe micro and small enterprises (MSEs) constitute over 90% of total enterprises in most of the economies.Employment generationMSE sector accounts for about 39% of the manufacturing output and around 33% of the total export of the India (in term of value). Ministry of MSME-GOI
Entrepreneurship: The ImportanceThe nation that fosters an infrastructure of linkages among and between firms, universities and government gains competitive advantage through quicker information diffusion and product deployment..US Council on Competitiveness 1998Leading knowledge based economy in the World (Lisbon Council) and key issue for the EU is to build a climate in which entrepreneurial initiative and business activity can thrive.. green paper on entrepreneurship- EC Commission-2003
Methodology and ObjectivesExploratory ResearchData Source: Secondary- From newspaper articles of the last 3 yearsObjectives:To studyPrerequisites of EntrepreneurshipEntrepreneurial Initiatives in IndiaKnowledge Transfer: Problems facedApproach to Higher Education and Knowledge Transfer
Prerequisites of Entrepreneurship
Creative mind, Risk taking capacity and Need to achieve (Most important factors)
Support of infrastructural facilities and cultural acceptance & recognition
Entrepreneurial Initiatives in IndiaInstitutes of national importance that have been setup through an act of parliament (IITs, IIMs, NITs, AIIMS, IISc etc.) are the main leaders in the field of knowledge transfer.Examples:Organizing Competitions like Great Idea, helping and incubating ideas.IIT Kharagpur: Nina Saxena Excellence in Technical award (Yearly).
Entrepreneurial Initiatives in India- Top Incubation Center1.Centre for Innovation, Incubation& Entrepreneurship (CIIE) - IIM AhmedabadSet up in 2001Since inception CIIE has 15-odd innovations grow out of the incubation centre in varied technologies2.Society for Innovation and Entrepreneurship (SINE)- IIT BombaySet up in 2004It currently has 16 companies under its incubation programme
Entrepreneurial Initiatives in India- Top Incubation Center3.Cell for Tech Innovation, Development & entrepreneurship support- IIT ChennaiSet up in 2000Organises national level competitions, Breakthrough (general business plan competition) and Genesis (social entrepreneurship plan competition)4.Society for Innovation and Development (SID) - IISc, BangaloreSet up in 2006The investigator is given a seed capital for Rs 20 lakh a year for two years as soft loan for the approved plan
Entrepreneurial Initiatives in India- Top Incubation Center5.The SP Jain Centre for Entrepreneurship Development- SPJIMR16-week 'Start Your Own Business' programme-a public programme held every six months. 6.Technology Business Incubator (TBI) - BITS PilaniIn association with DST, BITS has established Technology Business Incubator in the area of embedded systems and VLSI design back in 2004So far, TBI has helped spawn ten companies.
Entrepreneurial Initiatives in India- Top Incubation Center7.Technology Incubation and Entrepreneurial Training Society (TIETS) IIT KharagpurSet up in 2005, So far, the institute has been able to incubate two companies through Concipio over the last three years. Besides, an in house panel has helped 11-12 ventures take wing8.Nirma Labs, Nirma University, AhmedabadEstablished in 2004, Nirma Labs used to pride itself in a three-step model for students who were interested to start their own businesses-training, incubation and funding.
Entrepreneurial Initiatives in India- Industry-Academia InterfaceBiocon Ltd and Indian School of Business (ISB) have launched a cell for innovation management.Hewlett-Packard (HP) India recently announced the winners of the second annual edition of HP innovate 2009. The award has been instituted to recognise and reward outstanding creative ideas of young engineering graduates in India
Entrepreneurial Initiatives in India- Industry-Academia InterfaceMonth long Igniting Minds and Ideas-IEEE certification programme by the Delhi based ISO certified strategy consulting firm Total Solutions Incorporation (TSI) and Total Resource Academy of India (TRAIN) a knowledge management , training and development organisation held for students of Delhi Public School (DPS), R K Puram.
Entrepreneurial Initiatives in India- Industry-Academia InterfaceThe National Geographic Channel recently announced a Nationwide contest shaping the future with the collaboration of the Foundation for Information & Technology Transfer at IIT-Delhi; Society for Innovation & Entrepreneur at IIT-B, Nedathur S Raghvan Centre for entrepreneurial Learning (NSR-CEL) at IIM-B and the Technopreneur Promotion Programme at the Department of Scientific and Industrial Research DSIR
Entrepreneurial Initiatives in India- Government and Non Government SupportDelhi Technical University announced the setting up of water technology and management centre with the support of UNESCO.The Entrepreneurship Development Cell (EDC) of University School of management Studies, Guru Gobind Singh Indraprastha University (GGSIPU) has launched a one month business skill development programme in association with the Ministry of Micro, Small and Medium Enterprises. Representatives from KVIC, NABARD will share their knowledge.
Entrepreneurial Initiatives in India- Government and Non Government SupportNASSCOM has signed a Memorandum of Understanding (MoU) with University Grants Commission (UGC), for Faculty Development Programme (FDP) Re-skilling the faculty in IT Framework for co-operation to catalyze industry-academia interface
Entrepreneurial Initiatives in IndiaThe National Entrepreneurship Network (NEN)The National Entrepreneurship Network (NEN) is a network of academic institutions across India performing research & developing and delivering world-class education, skill-building programs, networking activities and company-starting assistance to new, high-growth entrepreneurs.
Entrepreneurial Initiatives in IndiaThe National Entrepreneurship Network (NEN)NEN was launched in 2003 through an India-wide selection process to select the Founding Partner Institutions to anchor this network. The five NEN Partners are: Birla Institute of Technology and Science- PilaniIndian Institute of Technology- BombayIndian Institute of Management- AhmedabadInstitute of Bioinformatics andApplied Biotechnology- BangloreS P Jain Institute of Management andResearch- Mumbai Goal:NENs goal is to launch 2,500 entrepreneurs who will create a minimum of 500,000 jobs by 2014.
Knowledge Transfer : Problems Faced (Status of Entrepreneurship & Higher Education)India is ninth in the Global Entrepreneurship Monitor (GEM) survey of entrepreneurial countriesIt is highest among 28 countries in Necessity based entrepreneurship, while 5th from the lowest in opportunity based entrepreneurship. Entrepreneurship in India is basically necessity based. Number of individuals taking entrepreneurship as a career choice is much lower as compared to forced entrepreneurs
Knowledge Transfer : Problems Faced (Status of Entrepreneurship & Higher Education)Universities and Colleges: (in 2007)Universities:378NAAC Accredited:140 Colleges:18064NAAC Accredited:3492UGC-NAAC (Panning Commission Vol. 2 p-22)Despite such growth, Indias Gross Enrolment Ratio (GER) of around 11% is very low compared to the World average of 23.2%, 36.5% for countries in transition, 54.6% for the developed countries, and 22% for Asian countries.
Knowledge Transfer : Problems Faced (Status of Entrepreneurship & Higher Education)38.8% of the Indian labour force is illiterate, 24.9% of the labour force has had schooling up to the primary level and the balance 36.3% has had schooling up to the middle and higher level. About 80% of the workforce in rural and urban areas does not possess any identifiable marketable skills.
Knowledge Transfer : Problems Faced (Status of Entrepreneurship & Higher Education)Times Higher - QS World University Rankings 2008 (on the dimensions: Research Qual