Towards understanding the concept of Entrepreneurship: the Obafemi Awolowo University Model

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Towards understanding the concept of Entrepreneurship: the Obafemi Awolowo University Model

The meeting discussed various aspects of entrepreneurship, including the need for a universally accepted definition, the importance of feasibility studies and business plans, and the three legs of entrepreneurship: activeness, risk-taking, and innovativeness. The speakers emphasized the need for a change in mindset towards entrepreneurship and research in university education, as well as the importance of creative disruption and marketing in entrepreneurship. The meeting also highlighted the potential of AI to help organizations respond to changes and compete effectively in the market.

The discussion also focused on the importance of collaboration between the university and industry, and how the university can support entrepreneurship and commercialization of research. The speakers emphasized the role of the university in identifying business opportunities and developing prototypes, and the need for investors to support the creativity of entrepreneurs in solving societal problems. The meeting also discussed the challenges of coping with creative disruption in the market and the importance of adapting to change and staying informed in a rapidly evolving market.

The meeting also discussed the need for training artisans and skilled workers to improve their skills and meet global market demands. The speakers emphasized the importance of engaging with industry partners and organizations for funding and highlighted the need for training artisans and skilled workers to keep up with changing technology and market demands. The meeting concluded with expressions of gratitude for the support received from the Central Office of Research and the investing management, and an invitation to join the seminar series and collaborate with the Intellectual Property and Technology Transfer Office to protect ideas and inventions. Overall, the meeting provided valuable insights into various aspects of entrepreneurship and highlighted the importance of collaboration, adaptation, and innovation in a rapidly evolving market. The speakers emphasized the need for a change in mindset towards entrepreneurship and research in university education, as well as the importance of creative disruption and marketing in entrepreneurship. The meeting also discussed the potential of AI to help organizations respond to changes and compete effectively in the market, and the need for training artisans and skilled workers to improve their skills and meet global market demands.