IEMS Journal of Management Research

Volume: 11 Issue: 2

  • Open Access
  • Original Article

NURTURING AND STRENGTHENING SUSTAINABLE INNOVATION AND ENTREPRENEURSHIP IN THE ACADEMIC ENVIRONMENT

Dr. Kiran Kumari Patil1, Malathi R2, Aditya Poojary3, Lakshmi Patil4

1 Professor, REVA University, Bengaluru, India

2 Sr. Manager TBI, REVA University, Bengaluru, India

3 Asst. Manager TBI, REVA University, Bengaluru, India

4 Intern TBI, REVA University, Bengaluru, India

Year: 2023, Page: 123-131,

Received: Nov. 15, 2023 Accepted: Nov. 24, 2023 Published: Dec. 1, 2023

Abstract

Nurturing and strengthening the innovation and entrepreneurship (I&E) in the university by involving teachers and students alike as sustainable entrepreneurs are central endeavours in this age of sustainable development today. This paper presents a generic sustainable framework for University system to nurture and strengthen innovation and entrepreneurship among faculty and student through the support of incubation centre.

At first the paper focuses on the need and importance of having incubation centre in the academic organizations. Further authors propose a framework to build entrepreneurial skills and mind-set among faculty and students. Emotional Intelligence (EI) plays a vital role in building sustainable entrepreneurship ecosystem, so efforts have been made to showcase the importance of EI.

Next the paper discusses on courses in sustainability education from Innovation & Entrepreneurship disciplines with shared goal to foster sustainability competence as global competence and shared pedagogies. The work also focusses on classifying the innovative project from academia based on their technology readiness Level (TRL) and support the mature technology to product level.   The paper concludes with theoretical discussions on protecting innovation and few of the government initiatives to handhold ideas from academic campuses through a 6C model to create impact on the society.

Keywords: Incubation, Innovation and Entrepreneurship (I&E), Patent, Sustainable development goals, Sustainable Entrepreneurship, TRL.

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Cite this article

PATIL K, MALATHI R, POOJARY A, PATIL L. NURTURING AND STRENGTHENING SUSTAINABLE INNOVATION AND ENTREPRENEURSHIP IN THE ACADEMIC ENVIRONMENT. IEMSJMR.2023;11(2):123-131

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