Entrepreneurship Education in India

K Ramachandran

Professor of Entrepreneurship & Strategy

Indian School of Business

K_Ramachandran@isb.edu

• Entrepreneurship education in India:

– Entrepreneurship training

– Entrepreneurship education in

management and technical institutions

– Entering the take off stage – job seekers to

job generators

FIRM LIFE CYCLE AND THE

ENTREPRENEURIAL JOURNEY

Attitude Opportunity

Idea Planning

Start - up

Growth

Diversify

Entrepreneurship Education

Term Based Programmes

Long Duration Programmes

Short Duration Programmes

Entrepreneurship Focus Areas

Pre Start Up 2

Pre Start Up/Start Up

12

Across Life Cycle

13

Pedagogical Choices

• Cases

• Business Plan judged by outsiders

•Mentoring

• Entrepreneur lectures/in residence

•Projects

• Project VC

• Conceptual Lectures

OTHER ACTIVITIES

Institute Centre

ISB Hyderabad, IIMA, IIMB, IIMC,

IIML

Incubator, Student Club, Promotional Activities

XLRI, XIMB, SPJain, BITS

Pilani

Student Club, Promotional Activities

ENTREPRENEURSHIP AT ISB

• Entrepreneurship education in India:

– Impact making islands

– Great opportunity (self, organisation,

local and national economy)

– Critical factors:

• Faculty availability

• Expertise and need for capacity

building

Entrepreneurship Education in India: Problems

• Absence of faculty awareness, opportunities, and interest

• Lack of skills and knowledge in interested faculty

• Need for an effort to create interest in faculty and to develop the skills and knowledge needed to teach entrepreneurship

TERM BASED PROGRAMMESInstitute Course Title Focus Duration

ISB PAEV Pre Start Up 15 Weeks

IIMA LEM Pre Start Up 10 Weeks

ENVP Pre Start up & Start Up 10 Weeks

IIMB ENVC Pre Start up & Start Up 10 Weeks

Corporate Venturing Pre Start up & Start Up 10 Weeks

Social Entrepreneurship Pre Start up & Start Up 10 Weeks

New Venture Financing Pre Start up & Start Up 10 Weeks

IIMC SEM Across Life Cycle 10 Weeks

Managing New Ventures Pre Start up & Start Up 10 Weeks

IIML Org Issues in NV Across Life Cycle 10 Weeks

NVP Pre Start up & Start Up 10 Weeks

XLRI Entrepreneurship & NV Pre Start up & Start Up 10 Weeks

XIME Entrepreneurship Across Life Cycle 10 Weeks

XIM, Bhubaneshwar NEM Pre Start up & Start Up 10 Weeks

Rural Entrepreneurship Pre Start up & Start Up 10 Weeks

Social Entrepreneurship Pre Start up & Start Up 10 Weeks

SPJMR Start your Business Prog Across Life Cycle 12 Weeks

LONG DURATION PROGRAMMES

Institute Course Title Focus Duration

Madurai Kamraj Univ PGD in Entrepreneurship

Across Life Cycle1 Year

EDII PGDBEM Across Life Cycle 1 Year

TREC-STEP

Entrepreneurship Venture Incubation

Prog

Pre Start up & Start up

 

S&T Entre. Dev Prog Across Life Cycle  

SEMCOM BCom, BBA, BBAITM, Master of E Business

Across Life Cycle

1 to 3 Years

SPJIMR

EPBA Across Life Cycle 18 Months

Family Managed Business Programme

Across Life Cycle

2 Years

Indian Institute of Entrepreneurship,

Guwahati

PGDME Across Life Cycle

1 Year

SHORT DURATION PROGRAMMES

Programme

Avg Enrolment

COURSES OFFERED

2002-03

2003-04

2004-05 2005-06

2006-07

EDP 25 27 45 48 55 65

TEDP 25 49 61 53 79 86

FDP 20 33 40 47 40 48

DST

Emphasis Area 1 2 3 4 5 6 7A Entrepreneurial

behaviours, attitudes and skills developed 1     2     4

B. Empathy with the life - world of the entrepreneur       2 1 3 1

C. Key entrepreneurial values inculcated   1   2 1 1 3

D. Motivated towards an entrepreneurial career     2   1 1 1

E. Understanding the processes of venture creation 1         2 4

F. Generic entrepreneurship competencies developed       1 3 2 1

G. Key minimum business how-to's acquired         4   1

H.Effective management of stakeholder relationships       3 1   1

  Rank              

Emphasis Area 1 2 3 4 5 6 7 8A Entrepreneurial

bahaviours, attitudes and skills developed 3              

B. Empathy with the life - world of the entrepreneur 1             2

C. Key entrepreneurial values inculcated   1 1          

D. Motivated towards an entrepreneurial career   1   2        

E. Understanding the processes of venture creation   2 2          

F. Generic entrepreneurship competencies developed         1   1  

G. Key minimum business how-to's acquired     1   1 1    

H.Effective management of stakeholder relationships           1 1  

Key initiatives to fill the void

•NSTEDB +other govt for EDC,STEP,TBI

•NEN –private

•SEE - voluntary

SEE

Competition

Facilitate Consulting

Data BankWebsite

Facilitate Training

Conference

Research

Node

Node

Node

Node

Node

Node

Node

SEE as a MovementSEE as a Movement

Node (Chapter)

Research

Student Projects

Guest Lectures

Consulting

Training

A Member’s Role

Thank You