Entrepreneurship for Engineers:Assessing Inclination of Future Engineers towards Entrepreneurship

The President of India in his presidential address on Republic Day, 2005 made a point to create job for 76 million people. Dr. Kalam aimed at societal transformation by re-aligning the education system at the earliest to meet the needs of present day challenges and be fully geared to participate in societal transformation. Vision 2020 of Developed India given by Dr. A.PI Abdul Kalam will not be possible if the mission 'Entrepreneurship' is not given its due credit. But to understand the concept of entrepreneurship, we need to answer a few questions. Is entrepreneurship a budding career option? Is it being promoted by Indian Govt. through softer financial perspective? Do people recognize the need for Entrepreneurship? Do campuses across India understand the importance of this concept in its basic sense? What is the role of engineering colleges in the development of this concept? Do Campus recruitments contradict the concept? And many more ...

The issue is still in its infant stage as far as India is concerned. Huge exodus of engineering graduates every year has created an imbalance between the demand and supply. American economy thrives on Entrepreneurship and innovation. Because the work culture in the USA says that "It is not criminal to work and commit mistakes, but it is criminal to NOT work at all. ' The statement itself gives rise to major debate in India where innovation comes from services being provided and not through younger generation. Why should India only remain the supplier of the work force instead of being a work force generator.

In the present paper an insight into these very finer points has been undertaken, with the emphasis on the Engineering students through a small survey to probe and understand the thought process and probable variables which has strong and sound impact on the mindset of budding technocrats ... Being the teachers of the Humanities and Management department, the interaction with the students reveals a plain yet painful truth. Its thumbs up to jobs and thumbs down to Entrepreneurship.