This document discusses entrepreneurship through startups in engineering institutions in India. It outlines the current status and importance of promoting entrepreneurship in engineering colleges. The objectives are to assess current startup initiatives, factors influencing startup generation, gaps between expectations and requirements, and develop a framework to create successful startups. The study uses a three-stage methodology, collecting data from entrepreneurship cells, graduate entrepreneurs, and external stakeholders to analyze practices, outcomes and needs to foster entrepreneurial ecosystems in engineering institutions.
2. Introduction
• Over the past few decades, Entrepreneurship has become a key
player in economic development and knowledge transfer, which has
led to promoting an entrepreneurial ecosystem (Arthur, 2017).
• In the present scenario when developed countries, despite their high
growth, are focusing on young entrepreneurs to create an ecosystem
for fostering their innovations.
• There are Government policies, the ecosystem supporting startups,
availability of technology, entrepreneurial support, and more
importantly the education system to effectively impart
entrepreneurship competency (Indra Prakash Mishra, 2016).
• The educational institutions also play a greater role in building a
temperament for startups and imparting business startup skills.
3. Objectives of the study
1. To assess the initiatives and processes in place, to promote startups
in engineering Institutions.
2. To determine the factors influencing the startup generation in
engineering institutions.
3. To identify the critical gaps in terms of expectations and
requirements of startups in engineering institutions.
4. To develop a framework for institutions to create successful
startups by fostering a conducive entrepreneurship ecosystem.
4. Importance and relevance of the study
• Karnataka is the first choice for entrepreneurs for its start-up-friendly
image. The total number of tech start-ups founded in the state stands
at 7,909, a little behind Maharashtra's 8,117.
• It is the location of many engineering colleges and renowned
academic institutes. Hence, introducing entrepreneurship and start-
up at a much earlier stage in the education system to inculcate
curiosity, creativity, and innovation impetus in students.
• This research will work as an inspiration for engineering institutions to
develop value propositions in entrepreneurial startups among
students in near future.
5. Impact Expectation
• The study draws a significant relationship of entrepreneurship through
start-ups and engineering institutions in building entrepreneurship
ecosystems.
• The findings of the study will act as a guideline for policy development and
implementation of entrepreneurship education effectively through
engineering institutions.
• The study also acts as a guideline for designing an effective entrepreneurial
ecosystem for the startups with multiple stakeholders’ engagement.
• The study can further be the ignition for developing various types of
entrepreneurship promotional activity to improve startups within
engineering institutions.
6. Methodology
• The study prefers to use a three-stage empirical approach
• To achieve the research objectives, we will design the first stage to
capture the actual practices of entrepreneurship followed by
engineering institutions.
• Furthermore, the second stage will be designed to access the status
and outcomes of startups in these institutions.
• Based on the results of the first two stages, a research instrument will
be developed to understand the learning and requirement for
engineering institutions to foster a conducive entrepreneurship
ecosystem.
7. Methodology
• The sample area will be divided into four regions and engineering institutes
affiliated to Visvesvaraya Technology University (VTU), Autonomous Institute
and Universities will be considered for the study.
Engineering Institutes in
Karnataka
(Note: 5 and 6 included in 1 to 4;
7-AICTE considers it as a separate
classification. Thus 5, 6 and 7
classification is excluded from the
study)
8. Methodology
• Stage 1: Respondents who are in charge of the entrepreneurship
development cell/ student incubation cell of the respective
institutes.
• Stage 2: The prospective respondents are engineering graduates who
are institute-based entrepreneurs by receiving substantial support in
the form of mentoring and funds in the startup process.
• Stage 3: Expert opinions will be collected from the stakeholders
external to the institutions i.e Investors, Mentors, Industry experts
and government officials.
