Entrepreneurship

Entrepreneurship

Innovation and entrepreneurship are key drivers in today’s engineering world. Innovation is a prodigious influence on the growth and survival of today’s engineering world, which is why it’s significant higher education institutions are committed to the teaching of innovation and entrepreneurship. Although there’s still a long way to go in developing and realizing these innovative technologies and processes in order to overcome societal challenges, such as the recycling and substitution of raw materials, it’s important that the next generation of engineers are trained in innovation and are able to use their entrepreneurial mindset to design, create and implement a favourable future – economically, socially and, especially, environmentally. “Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.” – Peter Drucker