International Conference on Innovation, Creativity and Entrepreneurship Report

“Investing in Education is as important as investing in any business, because being an entrepreneur needs knowledge, which you will gain from education.” Said Mr. Datta Deshpande, an entrepreneur, who was the Key-note Speaker of the International Conference on Innovation, Creativity and Entrepreneurship organised on 22nd & 23rd February 2019 by Faculty of Management (UG), Dr. Vishwanath Karad MIT World Peace University.

22nd February, the first day commenced with the inauguration of the International Conference in the presence of Mr. Datta Desphande as the Chief Guest and Key-Note Speaker of the Conference and Founder Chairman and CEO, Pratham Technologies Pvt. Ltd., Mr. Rohan Shah and Dr. Rajeev Hajirnis accompanied by Provost, MIT WPU, Dr. R. M. Chitnis, Dr. Anjali sane, Deputy Dean. FOM (UG) and Dr. Pratibha Upadhye, Convenor of the conference.

In his Welcome Address, Dr. R. M. Chitnis, Provost MIT WPU and Dean, FOM (UG) welcomed all the dignitaries and guests and explained the motto of conducting this conference. It was followed by the Key Note Address delivered by Mr. Datta Desphande, Founder Chairman and CEO, Pratham Technologies Pvt. Ltd. While sharing his own experiences, Mr. Deshpande guided students on how they can develop their ideas into business and the qualities required to be a successful entrepreneur.

The first day of International Conference also had three other sessions throwing light upon various aspects of Entrepreneurship. Mr. Rohan Shah, a successful entrepreneur and a motivational speaker interacted with students on ‘Entrepreneurship and Growth in IT Sector’. The session was inspirational and was highly appreciated by students.

The second session of the conference was specially organised for teachers of Higher Education in which, Dr. Rajeev Hajirnis, a well know academician who has contributed significantly in the study of entrepreneurship. He discussed ‘The Role of Universities in Fostering Entrepreneurship’ and talked about different activities to be conducted to foster entrepreneurship. Mr. Nikhil Sathe, The Managing Director of Armstrong and Associates, was the speaker for the third session of the conference on ‘Entrepreneurial Finance and Venture Funding’. He discussed different avenues available worldwide for revenue or capital generation for start-up programmes.

About 35 student participants from around the state and the country submitted their research papers for the conference. Amongst all, the best 20 research papers were selected for presentation, and 10 of these participants presented their papers on the first day. It amused the judges, faculty members and the audience, making it tough for the judges Dr. Pratibha Upadhyay, Dr. Prasad Pathak & Dr. Pradeep Padhye to decide the winners. On Day 2 i.e. 23rd February, the first session was on ‘Entrepreneurship and Role of Incubation Centre’ by Prof. Ravindra Birje, CEO of Newly sanctioned Technology Business Incubator under DST, New Delhi. Having 28 years of Industry Experience, he explained the importance of establishing Incubation Centres for developing entrepreneurial skills. The concept of incubation centres should not be restricted to Science stream students but it should be also be open for other streams like Commerce and Management. The guest speaker of the second session, Mr. Sriven Naidu, faculty of Singapore Management University, gave a very insightful lecture on ‘The Challenges and Some Best Practices for Fostering Innovation’. He briefed students about the history of Entrepreneurship and challenges in the execution of start-up business.

The third session on ‘Entrepreneurship and Achievement Motivation’ was conducted by the guest speaker Mr. Abhay Chavan, a motivational speaker and leadership coach, where he insisted upon the need of burning desire and innate motivation for becoming entrepreneurs.

The day continued with paper presentation competition, where the remaining paper contributors were given the opportunity of presenting their papers.

The International Conference 2019 was concluded with the Valedictory Session in which a very powerful and inspiring lecture was delivered by the Chief Guest Mr. Sumit Roy, Consultant Trainer, Coach and Author Expert in Psychometrics on ‘Leadership Development and Creativity Trainings’. He discussed different important social aspects, especially the religious principles and their impact on entrepreneurship. On the dais were the guest speaker Mr. Abhay Chavan along with Provost Dr. R.M. Chitnis, Provost MIT WPU and Dean, FOM (UG), Dr. Anjali Sane, Deputy Dean, FOM (UG) and Dr. Pratibha Upadhye, Convenor of the conference. The winners of the Paper Presentation competition Rima Habre and Pallavi Randive-the first prize, Rithik Agarwal and Arti Jain- 2nd and 3rd runners up respectively were awarded with trophy certificate.

The first ever International Conference of FOM (UG) under MIT WPU was a grand success in terms of active participation of teachers as well as students. It was a great opportunity for the participants to listen to the stalwarts from the field of academics as well as industry on Entrepreneurship Development. The Research Club of FOM (UG), the volunteers and the staff members played a crucial role in making this event a great success and were appreciated at the end of the day by Dr. Pratibha Upadhye, Convenor of the conference in her vote of thanks.

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