ENTREPRENEUR DEVELOPMENT

Dronacharya Group of Institutions, Greater Noida, organised a workshop on “Entrepreneur development, Innovation and Patenting” on 7th January 2016. This Workshop focused on Innovation and Entrepreneurship development which involves equipping a person with the required skills and knowledge needed for starting and running the enterprise and application of better solutions that meet new requirements, unarticulated needs or existing market needs. Five faculty members Ms Pankti Brar(ECE), Mrs Sanghmitra Arora(ECE), Mr Jagdish Prasad Shivhare (ECE), Mr Chandra Shekhar Singh (EEE) and Mr Vineet Mishra (ME) from Dronacharya College of Engineering, Gurgaon attended the workshop.

The workshop was organized to empower faculties with the knowledge regarding Innovation, Patenting and Entrepreneur Development. Entrepreneurship Development can be defined as a planned effort to identify, inculcate, develop, and polish the capabilities and skills as the prerequisites of a person to become and behave as an entrepreneur. Entrepreneurs possess certain competencies or traits which are underlying characteristics which distinguish successful entrepreneurs from the unsuccessful ones....

The guest speakers of the workshop were Dr.Saurabh Kwatra, Technical Head (International Innovations) and patent consultant at “The Institution of Engineers (India)” Karnataka State Centre and Mr Tushar Kanikdale Master Black Belt (Cummins Technical Centre).

Session 1

Dr Saurabh Kwatra started the first session by discussing on topic “Innovation”, analysing method of any Technical system is divided into two categories. Two categories are MUF (Much Useful Function) and MDE (Mass, Dimensions and Energy Consumed) . A system is always developed for some use having (MUF). In initial phase of the system that is in its expansion phase as the usable functions of the product increases its mass, dimension and energy consumption also increases. When the saturation point is reached, that is when the product has been fully developed and we further want to increase its usability, then we need to reduce its negative factors to make it more impactful. The product cycle gets completed with its convolution phase when no further developments are possible. Hence with every invention MUF always increases but MDE might increase or decrease. So, convolution phase is the inventive phase where we need to increase MUF and decrease MDE. In other words if we want the product to be accepted for patenting we should make sure that the MUF increases and MDE decreases.

Dr Saurabh kwatra cited various examples of different types of Innovation to sustain in the market. He specified that primary objective of innovation is to increase the MUF by focusing on the working unit. Working unit is that part of the technical system which directly interacts with product. For example working unit of computer system is monitor as user gets information displayed on screen with whom user interacts. Hence innovating new styles of monitor is way to increase the MUF.

Session 2

Second session begin with discussion on the topic “Patent” by Dr Saurabh Kwatra. Patent means the exclusive right granted by a government to an inventor to manufacture, use, or sell an invention for a certain number of years. Here an invention or process is protected by this right and an official document conferring such a right or grant is in form of a letter is termed as Patent. The grant and enforcement of patents are governed by national laws, and also by international treaties, where those treaties have been given effect in national laws. Given patent is therefore only useful for protecting an invention in the country in which that patent is granted.

In other words, patent law is territorial in nature. patents are intended to facilitate and encourage disclosure of innovations into the public domain for the common good. One effect of modern patent usage is that a small-time inventor can use the exclusive right status to become a licensor. This allows the inventor to accumulate capital from licensing the invention and may allow innovation to occur because he or she may choose not to manage a manufacturing buildup for the invention. Thus the inventor's time and energy can be spent on pure innovation, allowing others to concentrate on manufacturability.

Mr. Tushar Kanikdal in his session emphasised that the nature of innovation should be problem solving in nature. The world continues to change through steady creation and diffusion of innovative ideas. He cited that many times a psychological inertia vector restricts us from solving the problem because we continue thinking in one direction only. Due to involvement of many minds in innovation, we lay hand on many solutions, from which we can choose the best one. Therefore, psychological inertia needs to be eliminated to bring about revolutionary innovations.

This workshop was informative for the participants as they were made aware about the, Patenting procedures Innovation, Entrepreneurship Development and relation between them . The gaps between laboratory research and innovative research was well explained by both the speakers by giving glimpses of various models of their own patents on wind mills.