Tuesday, May 1, 2012

A practical approach to entrepreneurship through higher education.


INDIA is headlong toward economic success and modernization, counting on high-tech industries to name a few are IT, Automobile and biotechnology to propel the nation to prosperity. One of the major contributors in this growth is the growth in the Higher Education system in India due to involvement of the private investment. Now the focus of Higher Education is moving towards to create not only world-class research programs but also very highly trained scholars, scientists, or managers to sustain high-tech development.
One more area which our Higher education system should give a thought is the Entrepreneurship. Though Entrepreneurship is in very nascent stage in India, but it is one of the important forces behind the creation of modern day business conglomerates globally. Entrepreneurship plays a crucial role in pursuit of growth and development goals of every economy. 
We as a society has been developed to do the service work only. Most of our education system teaches us that how can one become a good follower. Sometimes we take it as a pride because it is the base of Service Industry in India. But in order to maintain sustain development and growth charter we need to innovate, we need to come up with new ideas, we need to push hard to build solutions not only services. All of the above can be done by the modern edge entrepreneurship and Higher Education system can play a very vital role in that. 
As we know most of the people pursuing higher education in India are first generation Engineers/Managers. These first generation Engineers and Managers needs to be motivated to take the path of Entrepreneurship and also educate them for the various challenges and opportunity in the same via workshops, training programs etc.
Emerging Technologies like Information and Communication technologies are defining the emergence of knowledge driven first generation entrepreneurs on the scale which has no precedence in the human history. In the last 30 years first generation entrepreneur from world and many of them from India has emerged as a global business leader.
In India, we have just started our journey for the Entrepreneurship and we need to help these entrepreneurs to have a favorable environment. Some of these challenges can be listed as Space, Knowledge, Finance, Branding and Marketing, Mentor/Advisors, Services, Human Resource, and Joint Initiatives.
Higher Education System can help them in each of the above domain while fulfilling their objective of creating world class techno-managerial man power. These can be mapped in the Higher Education Institute as done as – Space – In the Institute Premises, Knowledge – Vibrant communities, Workshops and Training Program, Finance – Supporting initial testing, Branding & Market – Showcase on Institute Platform , Mentor/Advisors - Involving Senior Faculty and Visiting Faculty , Services – Pool of service vendors , Human Resource – Students can work on part time basis , and Joint Initiatives – Institutes can come with some joint program with the involvement of faculty and multiple entrepreneurs .

Brief Profile of Author – Myself Sachin Jain, I did my B-tech in electronics and communication from PCCS, Gr. Noida ( UPTU Lucknow) in year 2004. I had GATE score of 95.52 in year 2003 and in 99.19 in year 2004. After that I completed M-tech communication system from IIT Roorkee in year 2006 with 8.45 CGPA. I got the prestigious GE leadership Scholarship in 2005. After completing my M-tech degree, I joined Freescale Semiconductor Pvt. Ltd. as a research engineer. I worked 3.5 years in freescale. I had started a forum for student counseling called uptuplus.com in year 2008.It was a huge success and engaged more than 10,000 readers. This motivated me to start my own venture. I was one of the co-founder of UPTU WATCH which started in 2010.
I am associated with many social organizations such as Nanotechnology Education Society, Tiecon etc. I am also one of the founder member of an organization for entrepreneurs “Network of IT Entrepreneurs and Enterprises” working for the cluster development approach within the community. Last week only we had our first joint event “NCR IT Expo 2011” to promote the group members.     

Thanks
Sachin Jain

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