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A Study on Entrepreneurial Support Environment in Educational (Technical) Institutions

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Entrepreneurship in BRICS

Abstract

The educational institutions play a key role in creating future entrepreneurs. They impart necessary skills to the students and enhance the chances of their employability. The developing economies need to nurture entrepreneurship and manage the students to pursue entrepreneurship as a career choice. The Knowledge Commission Report on entrepreneurship (2008) has rightly identified the effective nexus between education, innovation and entrepreneurship initiative.

The premiere institutes in India such as IITs and IISC’s have already taken steps to nurture entrepreneurship (Goswami et al. 2008) and have a proven success record. The similar initiatives are taken up by other educational institutions. The success factors and the conditions, contributing to the entrepreneurship needs to be identified. The proposed study attempts to explore the entrepreneurial initiative support environment extended by the technical educational institutions. The study is carried out in two phases.

In the first phase an interview of Entrepreneurship-Cell (E-Cell) coordinators was carried out to explore the institutional initiative to nurture entrepreneurship amongst technical graduates; identifies the profiles of the plans, business viability of the plans and success rate. In the second phase a survey of E-Cell members was carried out to identify the factors influencing entrepreneurship as a career choice.

The study was carried out in those technical educational institutions in the city of Mysore having their own entrepreneurship cell/incubation centre. The study brought out the functioning of E-Cell, the challenges faced and the initiatives taken. The survey data indicated that both personal strength and support environment affect the student’s choice for entrepreneurship as a career choice.

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Correspondence to Savitha G. Lakkol or K. B. Nalina .

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Lakkol, S.G., Nalina, K.B., Adarsh, A. (2015). A Study on Entrepreneurial Support Environment in Educational (Technical) Institutions. In: Lèbre La Rovere, R., de Magalhães Ozório, L., de Jesus Melo, L. (eds) Entrepreneurship in BRICS. Springer, Cham. https://doi.org/10.1007/978-3-319-11412-5_12

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