On 21st April 2023 Entrepreneurship Development Cell & Institution Innovation Council in association with Department of Electrical and Electronics Engineering organized an expert talk on Creativity & Innovation - A Key for Entrepreneurship Development. Dr.A.Ravi, HOD/EEE,FXEC was the Guest Lecturer. 48 students and 1 faculty member participated in the program.
He explained the process of creativity and innovation. The process of creating new venture is inherently to be dynamic and versatile. There are some aspects to be taken and the stages of creative approach. He also explained about the roles of creativity and innovation in Entrepreneurship. Creativity and innovation in entrepreneurship link by which creativity is the intellectual activity to create new ideas while innovation is the action taken to transform the new ideas into a result.
He concludes that entrepreneurs need to ensure the organization must continue to delight the customer, produce the product in accordance to requirement which is the purpose of every business. The innovative elements should continuously change to fulfil one’s need also for the survival of the enterprise. Entrepreneurs who embrace creativity and innovation in their business models, will be moving forward and be successful than entrepreneurs who remain with the traditional business model, which is only concerned with selling exclusively. This event was coordinated by Mr.A.Amala Manuela AP/EEE.