Teaching the Elective Legal Aspects of Innovation and Entrepreneurship to Management Students at IIM Trichy

Abstract

Courses on Innovation and Creativity are being taught at many institutes, starting from fine arts schools to engineering institutes to management schools. Also courses on Entrepreneurship are being taught at various levels of business management students, both undergraduate and post-graduate. In all these courses, the author has found that the coverage of legal aspects of innovation and entrepreneurship is either negligently low or completely nonexistent. The author, through a thorough literature review, has demonstrated that the coverage of legal aspects of innovation and entrepreneurship is essential to all management graduates. This not only helps them in managing their business more effectively and efficiently, but also would come in handy, if and when they decide to tread the path of entrepreneurship later in their career.The author has also demonstrated that such full-fledged course on legal aspects of innovation and entrepreneurship for management students is almost non-existent in other Indian Institutes of Management in India. The author has successfully conducted executive training programmes on the legal aspects of innovation and entrepreneurship by partnering with various experts from the industry and the law firms. He is in the process of developing a full-fledged, 3 credit course on legal aspects of innovation and entrepreneurship to management students at the Indian Institute of Management Tiruchirappalli (IIM Trichy) and would like to share this with the experts in the area and also discuss it with them before finalizing the same.