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PROCESS-DRIVEN FRAMEWORK FOR INTEGRATING PERSONALITY DEVELOPMENT INTO ENTREPRENEURIAL EDUCATION TO BOOST ENTREPRENEURIAL INTENTIONS

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PROCESS-DRIVEN FRAMEWORK FOR INTEGRATING PERSONALITY DEVELOPMENT INTO ENTREPRENEURIAL EDUCATION TO BOOST ENTREPRENEURIAL INTENTIONS

ORDINARY APPLICATION

Published

date

Filed on 12 November 2024

Abstract

The present invention relates to a process driven framework for integrating personality development into entrepreneurial education to boost entrepreneurial intentions. The process driven framework initially create specialized educational modules that combine entrepreneurial theory with the development of personality traits, activities and practice cases are integrated to target core entrepreneurial traits, structure includes a balance of theoretical instruction with practical experience, and performance of students are continuously evaluated in terms of both theory and personality development. The process was tested on 217 management, engineering, and medicine students. The present approach focuses on cultivating key traits such as risk-taking, creativity, and adaptability, essential for entrepreneurial success. By combining theoretical knowledge with hands-on learning and continuous feedback, this system ensures students are better equipped to handle real-world entrepreneurial challenges. The modular design allows easy integration into existing educational frameworks, making it a cost-effective and scalable solution. Empirical data shows a significant increase in students' entrepreneurial intentions, with a measurable impact on their ability to manage uncertainty and take calculated risks. This invention addresses the gap in traditional educational models by aligning knowledge acquisition and personality development to foster resilient, innovation-driven entrepreneurs.

Patent Information

Application ID202411087006
Invention FieldPHYSICS
Date of Application12/11/2024
Publication Number48/2024

Inventors

NameAddressCountryNationality
Dr. Bhawna ChaharSchool of Business & Commerce, Department of Business Administration, Manipal University Jaipur, Jaipur-Ajmer Express Highway, Dehmi Kalan Near GVK Toll Plaza, Jaipur Rajasthan 303007IndiaIndia
Dr Shilpi GuptaSchool of Humanities & Social Sciences, Department of Economics, Manipal University Jaipur, Jaipur-Ajmer Express Highway, Dehmi Kalan Near GVK Toll Plaza, Jaipur Rajasthan 303007IndiaIndia
Dr. Pradeep Singh ChaharFaculty of Arts, Department of Physical Education, Banaras Hindu University, Varanasi, Uttar Pradesh 221005IndiaIndia
Dr. Kritika KhandelwalSchool of Business & Commerce, Department of Business Administration, Manipal University Jaipur, Jaipur-Ajmer Express Highway, Dehmi Kalan Near GVK Toll Plaza, Jaipur Rajasthan 303007IndiaIndia
Dr. Saleena KhanFaculty of Management, Institute of Management Technology, Nagpur, 35 Km Milestone, Katol Road, Nagpur – 441502, Maharashtra, IndiaIndiaIndia

Applicants

NameAddressCountryNationality
Manipal University JaipurManipal University Jaipur, Off Jaipur-Ajmer Expressway, Post: Dehmi Kalan, Jaipur-303007, Rajasthan, IndiaIndiaIndia

Specification

Description:Field of the Invention
The present invention relates to technical field of educational system, more particular to a process driven framework for integrating personality development into entrepreneurial education to boost entrepreneurial intentions.
Background of the Invention
The present invention solves the issue of traditional educational models, failing to cultivate essential entrepreneurial traits such as risk-taking, creativity, adaptability, and resilience. Traditional education emphasizes theoretical knowledge; it lacks a structured approach to personality development, which is crucial for entrepreneurial success. This gap hinders students from acquiring the behavioral skills necessary to face real-world challenges in entrepreneurship. This invention addresses the issue faced in traditional education by providing a process-driven framework that integrates entrepreneurial knowledge and the development of key personality traits, empowering students to be more confident and capable of starting and sustaining successful entrepreneurial ventures.
The current study narrows a major missing link in the conventional education systems by including personality trait development in entrepreneurship teaching, which is often ignored. For instance, Liñán and Chen (2009) designed the Entrepreneurial Intention Questionnaire (EIQ). They underlined that personality traits such as risk-taking or proactivity had a major impact on entrepreneurial intentions. However, this research has shown the link between personality traits and entrepreneurial intentions, but it did not provide a systematic educational model to proactively develop these characteristics in individuals. The present invention overcomes this limitation by a very particular way of guiding towards the development of entrepreneurial characteristics being incorporated into an educational process, avoiding limiting only such characteristics as often simplified.
Similarly, Krueger and Dickson (1994) emphasized the role of self-efficacy in increasing entrepreneurial risk-taking, suggesting that belief in one's abilities is essential for recognizing and pursuing entrepreneurial opportunities. While their study highlighted the importance of self-efficacy, it did not propose a practical framework for developing this trait in educational settings. The present invention bridges this gap by embedding self-efficacy and risk-taking into its educational modules through experiential learning activities and continuous feedback, directly addressing how these traits can be cultivated in students.
Fayolle, Gailly, and Lassas-Clerc (2006) examined the effects of intervention on entrepreneurship education programs. However, while these efforts successfully enhanced an entrepreneurial mindset (knowledge), programs failed to generate increased levels of entrepreneurship-related behaviors - like resilience and risk-taking. Extending upon these findings, the current invention offers two dimensions to academic learning. It does not overlook its package with multiple dimensions such as analytical thought capabilities, inventive qualities, and so forth by detailing more into entrepreneurial traits wise imagination, credible risk respiratory drive, and through product form process & improvements revision. It is not simply discovering all necessary knowledge but character developments that are energetically intertwined within a learning process, making an analytical tourism slide to entrepreneurship education.
Lastly, Rauch and Frese (2007) conducted a meta-analysis that confirmed the significance of personality traits such as creativity, risk-taking, and resilience in determining entrepreneurial success. However, traditional educational systems rarely address the development of these traits comprehensively. The present invention differentiates itself by systematically developing these entrepreneurial traits through a process-based educational framework. It ensures that students acquire the knowledge and behavioral skills necessary for entrepreneurial success, which previous research has recognized but not fully addressed.
While none of the study has identified the importance of personality traits in entrepreneurship, they often fall short of providing a structured method for developing these traits in an educational context. The current invention filling the gap by offering a process-driven, scalable educational system that fosters entrepreneurial knowledge and the critical traits needed for entrepreneurial success.
Drawings
Fig.1 illustrates the process framework
Detailed Description of the Invention
The following description includes the preferred best mode of one embodiment of the present invention. It will be clear from this description of the invention that the invention is not limited to these illustrated embodiments but that the invention also includes a variety of modifications and embodiments thereto. Therefore, the present description should be seen as illustrative and not limiting. While the invention is susceptible to various modifications and alternative constructions, it should be understood, that there is no intention to limit the invention to the specific form disclosed, but, on the contrary, the invention is to cover all modifications, alternative constructions, and equivalents falling within the spirit and scope of the invention as defined in the claims.
In any embodiment described herein, the open-ended terms "comprising," "comprises," and the like (which are synonymous with "including," "having" and "characterized by") may be replaced by the respective partially closed phrases "consisting essentially of," consists essentially of," and the like or the respective closed phrases "consisting of," "consists of, the like. As used herein, the singular forms "a", "an", and "the" designate both the singular and the plural, unless expressly stated to designate the singular only.
The invention offers a comprehensive solution integrating entrepreneurial knowledge with personality trait development. This two-pronged approach addresses the shortcomings of traditional systems, which primarily focus on theoretical aspects, by emphasizing the importance of traits such as risk-taking, creativity, and adaptability. This holistic model prepares students to handle real-world entrepreneurial challenges, making it more effective than conventional educational systems.
The process driven framework for integrating personality development into entrepreneurial education comprises of:
1. Development of Educational Modules:
The invention starts with creating specialized educational modules that combine entrepreneurial theory with the development of personality traits. These modules focus on key business aspects-planning, risk management, leadership, innovation, and decision-making-while fostering creativity, adaptability, and resilience.
2. Targeted Personality Trait Development:
Activities and practice cases are integrated to target core entrepreneurial traits. Techniques such as role-playing, simulations, and problem-solving challenges are included to encourage students' risk-taking and adaptability, preparing them for real-world entrepreneurial situations.
3. Interactive Learning and Practical Application:
The structure includes a balance of theoretical instruction with practical experience. Classroom teachings are combined with real-world simulations and entrepreneurial challenges. Students engage in exercises like business model development, idea pitching, and case studies.
4. Continuous Assessment and Feedback:
Student performance is continuously evaluated in terms of both theory and personality development. Personalized coaching helps shape entrepreneurial attributes throughout the course, allowing modifications to address student needs better.
5. Empirical Validation:
The invention was tested on 217 management, engineering, and medicine students. Pre- and post-implementation evaluations measured entrepreneurial intentions and key personality traits like risk tolerance and creativity.
The present invention framework performances are as follows:
1. Significant Increase in Entrepreneurial Intentions:
There was a 74.3% increase in entrepreneurial intentions, demonstrating the system's effectiveness in motivating students to pursue entrepreneurship.
2. Improved Risk-Taking Capabilities:
The students made significant progress in what GSE terms the "risk" indicator, an essential trait for entrepreneurship. The data from before the intervention demonstrated a lack of daringness in risk-taking, which was corrected substantially by this course.
3. Development of Core Entrepreneurial Traits:
Key traits such as adaptability, creativity, and leadership were noticeably enhanced. This development prepared students to face the fast-changing demands of entrepreneurship.
4. Reduction in Fear of Failure:
The system also helped the students challenge their fear of failure as they learned to be more resilient and take risks, developing an entrepreneurial attitude.
5. Enhanced Practical Application of Knowledge:
This has been done successfully as students face practical scenarios while exercising what they have learned in entrepreneurship. They found that the hands-on approach helped them to think and solve problems.
6. Higher Employability and Versatility:
Students picked up hard skills like business leadership and problem-solving, making them more adaptable in different industries.
7. Greater Student Satisfaction and Engagement:
Feedback from students indicated high satisfaction with the interactive approach, which kept them engaged and motivated throughout the course.
8. Broader Application Beyond Entrepreneurship:
All students gave high feedback on the interactive technique used, and it helped them learn with great interest all along the course
Table: Performance of Frawework


Parameter

Pre-Intervention Post-Intervention % Improvement
Entrepreneurial Intentions 30.1% 74.3% +44.2%
Risk-Taking Capabilities Low High Significant
Adaptability Moderate High Substantial
Fear of Failure High Low -35%
Practical Application of Knowledge Low High +50%
Student Satisfaction and Engagement Moderate High +60%
The advantages of the present invention are as follows:
1. Holistic Educational Approach: The invention offers a comprehensive solution integrating entrepreneurial knowledge with personality trait development. This two-pronged approach addresses the shortcomings of traditional systems, which primarily focus on theoretical aspects, by emphasizing the importance of traits such as risk-taking, creativity, and adaptability. This holistic model prepares students to handle real-world entrepreneurial challenges, making it more effective than conventional educational systems.
2. Improved Entrepreneurial Outcomes: Empirical data shows that the invention significantly increases entrepreneurial intentions, with a demonstrated variance of 74.3%. This proves that incorporating personality development into the curriculum directly impacts students' readiness to start and succeed in entrepreneurial ventures. The invention imparts knowledge and helps train students for real-life entrepreneurial dilemmas.
3. Behavioral Transformation: Another breakthrough of this invention is its transformative power over behavior. The system urges individuals to be more creative, resilient, and flexible in uncertainty-thus better equipped for entrepreneurial success. Meanwhile, traditional education does not demand these changes in behavior, and this invention actively reinforces them.
4. Measurable Increase in Risk-Taking Ability: Regardless of how they think about risk, it seems the innovation has made students much safer. This is a must-have in entrepreneurship-something traditional educational paradigms struggle with. Because of the project-based structure, students feel much more informal about their judgment and risk-taking.
5. Cost-Effective Implementation: The system is not demanding new capital infusion for infrastructural changes in educational institutes. Even though it is not a monumental structural or resource change, just like these parts, any curriculum already in place with schools can be taught personality development modules. This circumvents a universal institutional problem that shrouds many attempts to improve entrepreneurial outcomes in an educational setting.
6. Scalability and Flexibility: This makes it infinitely customizable, allowing it to scale across grades and educational contexts. The invention is easily configurable to meet any educational institution's needs. It is highly generalizable and utilized in undergraduate, postgraduate, or professional education.
7. Enhanced Employability and Job Creation: The invention elevates the chances that students become instrumental entrepreneurs by embedding qualities like leadership, bounce-back worthiness, and innovative capacity to disrupt across domains. It also makes them more employed across verticals. Graduates who possess such critical skills will perform well in both entrepreneurial and corporate environments, areas that employers are deeply interested in.
8. Improved Knowledge Retention and Practical Application: Combining theoretical learning with matching personality trait development increases knowledge retention and practical application. This encourages students to apply all they have learned in real, practical entrepreneurial opportunities, which is how learning becomes lasting success and facilitates the "muscle memory" of entrepreneurship.
9. Reduced Fear of Failure: One unexpected part is that the students seem to have less fear of failure. When students build resilience, they create the right personality, and this is when things get easier to deal with uncertainty well-equipped than anyone else in any domain, especially an entrepreneur, which eliminates the fear of pushing boundaries or starting something.
10. Low-Cost Solution for High-Impact Results: This provides a low-cost, attractive solution to improve the effectiveness of entrepreneurial education. Its implementation has low incremental costs, making it attractive for academic institutions looking to beef up their offerings without spending much money.
Technical Breakthroughs:
• Integration of Personality Traits and Education: A considerable drawback of the traditional approach is that there has been no integration to develop personality traits, which we do systematically through our entrepreneurial education. That is their way of ensuring that the student attains a maximum measure of stack in mind and action for entrepreneurial success.
• Process-Driven Framework: It's a step-by-step evolution towards Entrepreneurial Readiness. It has ensured that entrepreneurship studying is not merely reading the theories but also including practical aspects.
• Validated by Empirical Research: The system has scientifically backed up proof. On average, the empirical study performed a 74.3% task of entrepreneurship intention, showing consistent evidence of how well this model builds business acumen and readiness (Dees et al., 2012).
In conclusion, this groundbreaking invention enriches entrepreneurial education with a comprehensive approach that combines knowledge and personality development in a scalable way without any costs. Consequently, this substantially improves entrepreneurial outcomes for educational institutions compared to the marginal cost of developing students' tools to empower them where they need it most when becoming entrepreneurs.
, Claims:1. A process driven framework for integrating personality development into entrepreneurial education, comprising of:
• Developments of Educational Modules - Create specialized educational modules that combine entrepreneurial theory with the development of key personality traits. These modules focus on critical business aspects such as planning, risk management, leadership, innovation, and decision-making, while also fostering creativity, adaptability, and resilience.
• Targeted Personality Trait Development - Activities and practice cases are designed to target core entrepreneurial traits, enhancing personal qualities like risk tolerance, creativity, and resilience.
• Interactive Learning and Practical Application - The framework strikes a balance between theoretical instruction and practical experience. Classroom teachings are complemented by real-world simulations and entrepreneurial challenges, where students engage in activities such as business model development, idea pitching, and case studies.
• Continuous Assessment and Feedback - Student performance is continuously evaluated in terms of both theoretical understanding and personality development. Personalized coaching helps shape entrepreneurial attributes throughout the course, allowing for modifications tailored to individual student needs.
• Empirical Validation - Pre- and post-implementation evaluations conducted with 217 students from management, engineering, and medicine programs measure entrepreneurial intentions and key personality traits, such as risk tolerance and creativity.
2. The process driven framework for integrating personality development into entrepreneurial education as claimed in the claim 1, wherein system results in
• a 74.3% increase in entrepreneurial intentions, demonstrating the system's effectiveness in motivating students to pursue entrepreneurship;
• Improved risk-taking capabilities, significantly;
• Key traits such as adaptability, creativity, and leadership were noticeably enhanced;
• system also helped the students challenge their fear of failure as they learned to be more resilient and take risks, developing an entrepreneurial attitude;
• enhanced the practical application of knowledge; and
• Feedback from students indicated high satisfaction with the interactive approach, which kept them engaged and motivated throughout the course.
3. The process driven framework for integrating personality development into entrepreneurial education as claimed in the claim 1, wherein framework enriches entrepreneurial education with a comprehensive approach that combines knowledge and personality development in a scalable way without any costs.

Documents

NameDate
202411087006-COMPLETE SPECIFICATION [12-11-2024(online)].pdf12/11/2024
202411087006-DRAWINGS [12-11-2024(online)].pdf12/11/2024
202411087006-FIGURE OF ABSTRACT [12-11-2024(online)].pdf12/11/2024
202411087006-FORM 1 [12-11-2024(online)].pdf12/11/2024
202411087006-FORM-9 [12-11-2024(online)].pdf12/11/2024

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