EXPERT TALK ON "ENTREPRENEURSHIP DEVELOPMENT AND INNOVATIVE PRACTICES IN THE INDUSTRY", KPR Institute Engineering and Technology, Autonomous Engineering Institution, Coimbatore, India

The department of Biomedical Engineering in association with centre for Innovation, Incubation and Entrepreneurship Development is organizing a Expert talk on Entrepreneurship development and Innovative practices in the industry by Mr.Boopathi Sathivel, CEO, Prashan Medical Technologies, Coimbatore on 22.01.2024 at the venue, Thanam Hall,KPRIET. The speaker provided insights into the need for a robust entrepreneurship ecosystem, encompassing support structures and access to funding, while showcasing successful case studies of regions fostering entrepreneurial growth. The discussions delved into innovative business models challenging traditional norms, emphasizing the pivotal role of technology in driving digital transformation and fostering competitiveness. Entrepreneurs shared experiences in risk management and adaptability, stressing the importance of a culture that encourages experimentation and learning from failures. Collaboration and networking emerged as fundamental, with examples of successful partnerships between startups, established companies, and academic institutions. The talk concluded with a call to action, urging entrepreneurs to embrace continuous learning, adaptability, and innovation, offering recommendations for policymakers, industry leaders, educational institutions, and businesses to collectively shape a supportive environment for entrepreneurial success. The report concludes with a call to action for entrepreneurs to cultivate a mindset of continuous learning and innovation, advocating for collaboration and the creation of ecosystems that encourage experimentation and risk-taking.