Definitions: innovation, entrepreneurship Flexible terms that have specific meaning to policy community. Innovation (NOT invention) – novelty to PRACTICE! Entrepreneur – person (team) responsible for the transition to practice. More than products, processes, or even business.
Why graduate training A KOWLEDGE ECONOMY ….. “The (innovative) entrepreneuria l society – no longer just patents and spin-off firms (20% of the job)! Entrepreneurial thinking to complete “human capital”.
What mechanisms: Don’t interefere with primary commitments (not degree programs except for a few ‘specialists’). Range of “events” from guest lectures in programs to short courses. – structured to reach a broad audience. Courses combine overview and orientation with engagement of innovators and entrepreneurs and participatory activities. THE UNVERSITY CAN DO THIS AT MODEST COST!
Hurdles Persuading faculty leadership across campus of the importance of this initiative.