Question

In your opinion how can a college or university create a culture of entrepreneurship to the campus and community? Explain in 500 words or less

Answer 1

College and Universities can play an important role in building culture of entrepreneurship in campus. Many cases are there where college students have become entrepreneur doing college studies and the forces behind them are the competitive and entrepreneurship driven studies and curriculum. Universities to encourage the culture of entrepreneurship can do following things-

1. Focusing more on Real time case studies- case studies is an effective teaching tool which gives the students a real time situation to deal with. It gives them opportunity to think and respond out of the box to real time business problems which helps the in building a business oriented mind.
2. Curriculum with link to Industry- Curriculum with business challenges in colleges draws student’s attention and make them think deeper on challenges and opportunities available to them. They get good ideas of entrepreneurship from such curriculum which drives their thoughts of being an entrepreneur.
3. Contests and Quiz- University should actively arrange for Business contests and quiz where students can exchange thoughts on potential business ideas.
4. Partnering with Business and exchange programs- College and Universities partnering with Businesses can give real time business exposure to students with internship opportunities as well as exchange programs. Especially fro courses like MBA it is to be done on regular basis to improve the practical knowledge of students on business operations.
5. External Lectures on Business- College can invite external businesses men’s to share their business stories with students which will motivate them and encourage them to become entrepreneurs.
6. Helping students financially with business ideas- Colleges and Universities should go for financial support to students who have great business ideas.