Process of Innovation and Technology Rediness Level

On 06.12.2023 a Guest Lecture on "Process of Innovation and Technology Rediness Level” was conducted by Entrepreneurship Development Cell and IIC in association with the Department of Master of Computer Application. The Session was handled by Dr.R.Prem Ananth ,IIC Convenor, Asst.Professor of Dept.of ECE at FrancisXavier Engineering College, tirunelveli from 9.30 AM - 12.00 PM. 48 students and 1 faculity participated. This event was coordinated by Mrs.M.K.Subbulakshmi AP/MCA. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director. The event commenced with a warm welcome from Mrs. Angeline Ranjithamani, the Head of the MCA department at Francis Xavier Engineering College. In her opening address, she highlighted the central themes of the program, which revolved around entrepreneurship, startups, innovation.

He then proceeded to introduce the esteemed experts who would be sharing their knowledge during the event. Mrs. Angelin Ranjithamani,MCA/HOD extended a hearty welcome to all the attending students and motivated them to actively engage in the sessions. She encouraged students to ask questions, foster interaction, and raise any doubts they may have, thus promoting an engaging and informative learning experience for everyone involved.

The resource person spoke about the process of Innovation Technology Readiness Level (TRL) without delving into specific points. He highlighted the gradual advancement and assessment stages that innovations undergo, emphasizing the importance of gauging a technology's readiness for practical implementation. The lecturer elaborated on how TRL measures the maturity of a technology, from its conceptualization in a laboratory to its potential adoption in the market, without specifying particular milestones. The talk provided an overview of the framework's significance in guiding research and development efforts towards successful technological innovations

During Dr. R. Prem Ananth's lecture, he discussed several examples regarding the Process of Innovation and Technology Readiness Level (TRL). Specifically, he mentioned Deepinder Goyal, the innovator behind Zomato, highlighting Goyal's journey in initiating and implementing innovative business ideas. Dr. PremAnanth emphasized the significance of starting a business idea and translating innovative concepts into practical applications. Moreover, he touched upon the concept of "breakthrough innovation," which combines invention and impact. He elucidated this by providing examples, illustrating how certain innovations have not only introduced new ideas but have also made a substantial impact on industries or society as a whole. This amalgamation of invention and significant impact, according to the lecture, characterizes breakthrough innovation, underscoring its transformative nature in various spheres

The session addressing the encouragement of students toward tech startups proved to be an invaluable and motivating experience. The speaker's firsthand perspectives and pragmatic guidance had a profound and enduring effect on the attendees. Not only did it inspire the students to contemplate embarking on an entrepreneurial journey within the technology sector, but it also furnished them with indispensable principles and a mindset essential for triumph. The discourse marked a substantial stride in cultivating an environment fostering innovation and entrepreneurship among the student populace. It is anticipated that this will engender a surge in future aspirants venturing into the realm of tech entrepreneurship