Reviewing Skills and Competencies For Innovation, Entrepreneurship And Success

Trilok Kumar Jain

Trilok Kumar Jain Professor and Dean, International School of Business Management (ISBM), Suresh Gyan Vihar University Jaipur, India.

Abstract

This paper critically examines the current state of education in India and evaluates the skills and competencies required for fostering entrepreneurship among students. The author advocates for a substantial overhaul of the existing curriculum and pedagogical approaches, asserting that the current educational system inadequately equips students with the distinct skills demanded by entrepreneurship. Drawing on contemporary research, including the exploration of the Hubris Theory, the paper explores avenues for transforming students into successful entrepreneurs. Additionally, it delves into the challenges posed by the existing skill gaps and proposes comprehensive strategies for bridging these divides. The abstract underscores the urgency of aligning educational practices with the evolving demands of the entrepreneurial landscape, emphasising the pivotal role of education in shaping a dynamic and innovative workforce for the future.

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