IIMs launch iVEIN – Premier technical and management education institutions in the country have joined hands to launch the consortium ‘iVEIN’ with a motive of promoting entrepreneurship in India.
Entrepreneurship ecosystem will be promoted in India with high quality research in innovation, venturing and entrepreneurship. The founding members of the consortium are the faculty members of IIT Madras, IIT Bombay, IIM Bangalore, IIM Calcutta and IIM Kozhikode.
These network of institutions will leverage strengths of the partners and would work with other stakeholders such as incubators, government and investors to generate and disseminate knowledge.
IIMs launch iVEIN
iVEIN stands for ‘Innovation-Venturing and Entrepreneurship in India Network (iVEIN) and was launched at an event ‘Dialogue with Stakeholders’ that took place at IIT Bombay recently. Professor A. Thillai Rajan at Department of Management Studies, IIT Madras and who is coordinating the initiative said innovation, venturing and entrepreneurship are getting increasing attention from policymakers.
IIMs launch iVEIN – These three areas are expected to play a key role in the economic growth of the country in addition to strengthening India’s position as an innovation country. The iVEIN network will facilitate high-quality research in this field among the academic fraternity in India and create avenues for dissemination of the relevant knowledge through conferences and journal publications, he said.
Professor B. Ravi, head of Desai Sethi School of Entrepreneurship at IIT Bombay said the proposed network will create a strategic bridge between various stakeholders, strengthen the ecosystem and synthesize the knowledge that exist in silos among different groups. Top educational institutions including IITs and IIMs have been active in nurturing innovation and entrepreneurship.
Vidyanand Jha, Professor of Organisational Behaviour at IIM Calcutta said the network would catalyse the much-needed work to document Indian experiences in areas of entrepreneurship and innovation. It would also aid in creation of data-based knowledge and dissemination of such knowledge.
This would give a fillip to entrepreneurship in the country by aiding both policy formulation and implementation regarding innovation as well as by helping managerial practice.
IIMs launch iVEIN
The immediate activity that would be taken up by iVEIN would be to publish the India Innovation, Venture and Entrepreneurship Report. Conceptualized as a biennial publication, the first report would be published in 2020 with the theme: Creating Successful Ventures.
Institutes, organizations and individuals, especially policy makers, investment managers, practitioners and entrepreneurs with active interest in entrepreneurship, innovation and venturing are invited to join the network to facilitate and promote collaborative research. iVEIN is reachable at ‘ iVEIN@wmail.iitm.ac.in’ For more information logon to ‘ www.doms.iitm.ac.in/iVEIN’
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