Technology, Innovation and Entrepreneurship, Part III: My Startup
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Three insights concerning economic growth have become clear in recent times. Firstly, the key to economic growth is technology (T). Secondly, innovation (I) is the driver of technology growth. Finally, entrepreneurship (E) is a highly powerful but extremely underappreciated contributor to innovation. Yet there persists a paucity of academic books covering the large variety of issues impinging on TIE-exploitation from a contemporary viewpoint. This book is the third and final part of a textbook-trilogy that seeks to fill this gap.
Part I: My World, My Nation examined TIE interactions from a world-perspective but stressing nation building. Part II: My Firm discussed how an established firm could prosper in the contemporary world of globalized competition and technology. This third and final part—titled My Startup—discusses issues of particular interest to the growing number of youth pursuing an entrepreneurial career.
The origins of this trilogy lie in the class notes compiled by the author while teaching 'Management of Technological Innovation' to undergraduate and graduate students from science, engineering and business departments. The final contents have been influenced strongly by the insights derived by him while living and working in India, the UK, Hong Kong (including extensive travels to mainland China), and the USA. Thus, rather than focusing just on the lessons to be learnt from the experiences of a developed country such as the USA (as most books on the themes examined do), this trilogy empathizes with the biases and concerns of the developing parts of the world as well.
Among the topics examined in this book (Part III) are the relationship between entrepreneurship and the economy; individual, social and corporate creativity; education for creativity; innovation portfolio management; risk-taking; product development; innovation project management; entrepreneurship as a career; financing innovation and entrepreneurship; launching a startup; and lean startup principles.
Patri K. Venuvinod
Patri, K. Venuvinod is an academic leader with vast and varied international experience. Educated at Osmania University, Hyderabad, and IIT, Mumbai, Venuvinod has a PhD from University of Manchester (UK). His 37-year teaching career included long stints at Regional Engineering College, Warangal, India, Hong Kong Polytechnic, and City_University_of_Hong_Kong. At the last institute, he was the founding Head of the Department of Manufacturing Engineering and Engineering Management. He also became the university's Chair professor of Manufacturing. During his 25-year stay in Hong Kong he frequently visited mainland China to collaborate on several projects. Venuvinod retired from active service in 2002 but not from academic involvement. He continues to be associated with City University of Hong Kong as an Emeritus Professor. In 2004, he co-authored a book on rapid prototyping (published by Kluwer). More importantly, in 2001, he founded the International Organization for Developing Universities (IODevUni) which engaged over 22 engineering colleges in Hyderabad, India, in a range of activities promoting the growth of technology, innovation and entrepreneurship (TIE). In 2010 he set up tecinnovent.com to strengthen such activities and publicize TIE-related publications, e.g., this trilogy.
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