EXECUTIVES SPECIAL ISSUE
TECHNOLOGY ENTREPRENEURSHIP IN HEALTHCARE A practicum education perspective Technology entrepreneurship plays a major role in the healthcare today as seen from the massive increase in new healthcare technology ventures. This article discusses the experience of developing and implementing practicum courses in technology entrepreneurship, integrating the approaches of three related disciplines of education; highlevel approach of business, hands-on practical approach of medicine and technology-driven approach of engineering. Pradeep Ray and Kwee-Yan Teh, University of Michigan-Shanghai Jiao Tong University Joint Institute
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he world has seen a massive growth in the development and deployment of new technologies (e.g. mobile phones, drones, Virtual Reality devices, Artificial Intelligence
and Machine Learning) in healthcare, resulting to cost effective, higher quality, virtual (important during the Covid 19 pandemic) services. This is caused by a huge proliferation of
technology entrepreneurship. However, entrepreneurship is risky (and prone to failures). Hence researchers are working on evolving techniques, such as Business Model Canvas (BMC) to validate new business ideas and reduce failures in startups1. Many academic institutions all over the world are now developing entrepreneurship curricula to teach young students in different fields (business, engineering, healthcare etc.) to exploit technological developments and develop new products/services in different business sectors including healthcare. For example, The University of Michigan-Shanghai Jiao Tong University Joint Institute (JI) launched the Minor in Entrepreneurship program for engineering students in 2017 by leveraging the world leading entrepreneurship program of the University of Michigan (USA) and pioneering Chinese technology entrepreneurship curricula in Shanghai Jiao Tong University Entrepreneurial education is focused on equipping students with the ability to understand the business issues in taking a technology to the market in the form a product and service. In addition to the technical skills, 1 1-Caiwei Chen, Yongqi Zheng, Pradeep Ray. “Healthcare Technology Entrepreneurship in China.” Asian Hospital & Healthcare Management (AHHM), Issue 55, 2022. https://www.asianhhm.com/magazine. Accessed March 2022
www.asianhhm.com
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