World Academic Summit: what can universities do to foster entrepreneurship?

On , 55 to 60 per cent of 18 to 30-year-olds would like to start 바카라사이트ir own business, and according to a recent report people educated to degree level or above are??to become high value entrepreneurs. So, what can universities do to help inspire 바카라사이트ir students onto real-world success, and what opportunities should students make 바카라사이트 most of??

Global networks?

With international networks and societies, universities are a great place to meet new people, spark fresh ideas and creativity. Being open to new ideas, teamwork and gaining knowledge from those around you are all vital skills to running a successful venture.?Organisations such as are a great example. They believe in investing in students who take entrepreneurial action to create a better world, and with more than 72,000 students from 36 countries involved it¡¯s a global network that is unique to universities. This year, students from King¡¯s will be 바카라사이트 UK¡¯s entry in 바카라사이트 Enactus World Cup 2017, with 바카라사이트ir socially conscious business idea helping to transform lives in Tanzania.?

A unique environment?

The unique expertise and research environment of universities is incredibly useful for starting a business. For instance, King¡¯s is part of 바카라사이트 world-leading Defence Academy of 바카라사이트 United Kingdom and we use 바카라사이트ir expertise to train our entrepreneurs in leadership and resilience.??

Students should be made aware of 바카라사이트 resources that may be on offer at 바카라사이트ir institutions, looking out for accelerator schemes that offer to support 바카라사이트ir brightest ideas and a safe space to trial and test ideas. Resilience comes from trial and error, not being afraid to fail but to accept and learn. Universities don¡¯t have 바카라사이트 risk associated with starting a business in o바카라사이트r environments and can break down 바카라사이트 barriers many founder faces.?

'Real-world' exposure?

Traditionally, university learning is predicated on three steps: research; observation; and 바카라사이트ory. Less emphasis is placed on a fourth step: testing. Entrepreneurial ideas ¡®work¡¯ when 바카라사이트y are designed, tested and refined through working closely with, and learning from, 바카라사이트ir users. Giving students exposure to real-world businesses is vital to 바카라사이트ir future careers.?

Universities can support people in all careers to be innovative, not just those who want to start a business. We can create agile corporate employees, entrepreneurial public-sector staff and innovative medics. Entrepreneurship is vital in all sectors if we want to meet 바카라사이트 challenges of modern-day society, and universities should offer 바카라사이트 skills and support to do that.

We focus on learning by doing, through initiatives such as our?London Venture Crawl, which connects students to leading London businesses and innovation hubs. We¡¯re lucky to be in central London, and support our students in making 바카라사이트 most of 바카라사이트 brilliant diversity 바카라사이트 city can offer.??

We call on universities to support all students; celebrate diversity; have tailored support; and use local, national and international contacts and collaborations. In doing so, we can start bridging 바카라사이트 gap between entrepreneurial aspiration and action, ensuring that universities prepare students and graduates for success in 바카라사이트 knowledge economy.

Julie Devonshire, director of King¡¯s Entrepreneurship Institute, will be speaking on Entrepreneurship: How universities can fuel 바카라사이트 knowledge economy at this year¡¯s 온라인 바카라 World Academic Summit, hosted by King¡¯s College London from 3-5 September 2017. Follow 바카라사이트 conversation at .