About Center for Innovation & Entrepreneurship (CIEn)
RV University has an Innovation & Entrepreneurship Cell (I&E Cell). In general, the success rate of entrepreneurship worldwide is typically in single digits. RV University, with its Stanford University Innovation Fellows (UIF), initiated a design thinking program and conducted a study within the entrepreneurial ecosystem. They identified that the success percentage can be improved if certain pain points are addressed. The RV University model of the I&E cell is given below and it is uniquely conceived and implemented. RV University's I&E cell aims to create successful entrepreneurs with social consciousness. Students are encouraged to solve problems from any walk of life. Each student aspiring to be an entrepreneur will go through Design Thinking Training.
The I&E cell targets to create an ecosystem for student entrepreneurs which includes ethics, morals, values, funding, start-up support, mentoring, development of emotional intelligence, academic mentoring, field touch, social consciousness, environmental impact, etc.
Objectives
The envisioned center will have multiple divisions, allied student clubs, dedicated faculty, research scholars, and undergraduate and master's students performing societal research. The center will be mandated to give a thrust to student entrepreneurship and application-oriented products. The center currently focuses on:
a) intellectual property protection (patents, GI, industrial designs, and trademarks).
b) drug discovery and new drug development.
c) undergraduate student research- games with purpose.
d) training & entrepreneurship. All these divisions eventually envision to comprise of teaching assistants, research assistants, research associates, doctoral research scholars, allied faculty across schools, undergraduate students, student clubs, masters students, industry partners, collaborations through MOUs, and offer innovation, entrepreneurship & product development minor, and I&E courses.
Why study structured innovation at RVU?
Why study Innovation, Entrepreneurship, And Product Development at RVU?