Applying Caterpillar-Butterfly Model for Promotion of Innovation & Entrepreneurship in Engineering Curriculum

Nothing is permanent but change. In times to come, the wage -employment opportunities even for the technical graduates are going to dwindle. In this Context will the stereotyped classroom syllabus oriented teaching and learning really click ill terms of placement of students? The advertising principle which states that, if there is need fulfill it, was true till the recent past; but today with the job saturation and cut throat competition the job Scenario is fast changing its face. The other half of the above stated principle is then what really holds the and that is, if there is no need than create one, this is now the real need of the hour.

Role of education in general and role of engineering education in particular should change its paradigm from just giving the students the vast amount of knowledge and job placement, to knowledge management knowledge application and job creation Desperate and deliberate attempts need to be made to divert the students towards innovation and entrepreneurship. This could be possible if there is a renaissance in the technical school-of thought. The perspective of disseminating of technology needs a change. For this the technical institutions should provide latest schemes, which would encourage students to probe into the business opportunities, provide them necessary infrastructure and act as a mentor and facilitator ill the journey of scholastic classroom teaching to the challenging world of work.

The paper aims at identifying the role of technical educational institutions by way of following techniques:--

1) Organizing entrepreneurship workshops

2) Organizing personality enhancement workshops

3) Projects; like adopting sick industries.

4) Collaboration with nodal agencies like -Maharashtra center for entrepreneurship development.

5) By strengthening industry-institute interaction.

6) Diversifying the role of EDP cell in the institute.

7) Liasoning with banking agencies and non-banking institutions.

Once the concept building exercise of inculcating entrepreneurship through various techniques is firmly ischolar_mained in the minds of the young technocrats, students will be motivated and initiatives will be taken, success stories will be created for diverting sizable number of students towards self-employment.