The coronavirus has taught a good lesson to those who carp about online hackathons by showing their potential in terms of the increasing number of events and resulting pandemic solutions. Student entrepreneurs could derive business value for an idea by leveraging the two biggest opportunities provided by online hackathons: the diversity of the crowd of participants and virtual … [Read more...] about Creating business value from online hackathons
Entrepreneurship. Innovation. Creativity. While these words may spark some sort of inspiration within you, most people would associate these ingenuity concepts with start-ups. But it is not only startups that need entrepreneurs. In today's world, high-performing companies need to constantly reinvent themselves. They must consistently find new products and services to stay … [Read more...] about Would you be interested in a corporate start-up?
Many engineers are drawn to technologybased start-up ventures for professional and personal fulfillment. Success in entrepreneurship, however, is not easy. A survey conducted at the Indian Institute of Technology (IIT) Bombay of 326 start-up founders, aspiring entrepreneurs, mentors, and other stakeholders showed a critical need for training in business finance, design … [Read more...] about Insights on entrepreneurship education and mentoring programs
The objective of this article is to support student and faculty researchers who endeavor to commercialize their technology. We share our experiences as evidence-based lean start-up instructors who coach fledgling start-ups as they attempt to spin out intellectual property from within research institutions. Our instruction is deeprooted in customer discovery-the act of talking … [Read more...] about Coaching students and teams to listen to customer needs
The Georgia Institute of Technology (Georgia Tech) has developed a course, Technology Entrepreneurship, that combines the process-oriented strengths of engineering with entrepreneurial skills. Entrepreneurial education is not just for students who hope to create their own company. It is also for those who want to succeed as intrapreneurs-engineers working within a company to … [Read more...] about Building entrepreneurial confidence