Abstract:

Entrepreneurship involves the nexus of two phenomena: the presence of lucrative opportunities and the presence of enterprising individuals. The process of opportunity enactment is outlined as a conceptual extension of a given body of knowledge into a perceived possibility of economic gain. An engineer is assumed to be endowed with a certain stock of knowledge; accordingly, he will be confronted with the choice of how best to appropriate the economic return from that knowledge. So, future engineers have to be trained how to recognize and develop new technologies and to take the technologies to market and to practice industry proven commercialization processes within an academic environment. This paper discusses the importance of nurturing the entrepreneurial spirit in future engineers and the best pedagogical techniques to reach such a goal.

Keywords:

entrepreneurship, engineering education, opportunity recognition, entrepreneurial.