Book chapter
Utilizing AI and Digital Twin Technology to Cultivate Entrepreneurial Mindsets and Foster Creativity in Management Education: A Cornerstone for Corporate Readiness 5.0
Digital Twins for Smart Cities and Urban Planning, pp 194-209
2025
Abstract
As Corporate Readiness evolves into its 5.0 iteration, the demand for adept leaders capable of navigating an era defined by rapid technological advancements and dynamic market landscapes intensifies. This book chapter sheds light on the pivotal role of cultivating an entrepreneurial mindset and fostering creativity within management education as a strategic imperative for preparing graduates to thrive in Corporate Readiness 5.0. The chapter investigates the specific methodologies that educational institutions can employ to instill innovation as a core competency, empowering future leaders to proactively drive change, identify emerging opportunities, and adapt seamlessly to the ever-evolving complexities of the modern business environment. Furthermore, in-depth analyses of the changing dynamics of Corporate Readiness 5.0, emphasizing the essential competencies demanded by businesses are discussed. Then after, the real-world examples and case studies for integrating entrepreneurial thinking and creativity into the educational framework. The chapter also examines the role of technology in enhancing entrepreneurial education, developing into the use of virtual environments, data analytics, and emerging technologies to simulate and analyze entrepreneurial scenarios. The chapter also underscores the importance of mentorship programs, showcasing how guidance from industry experts can contribute to the development of an entrepreneurial mindset. Finally, the chapter establishes a compelling argument for the integration of entrepreneurial thinking, creativity, and digital twins within management education to address the unique challenges of Corporate Readiness 5.0. By doing so, educational institutions can play a pivotal role in nurturing innovative leaders capable of not only adapting to change but also proactively shaping the future of business in this dynamic era.
Metrics
19 Record Views
Details
- Title
- Utilizing AI and Digital Twin Technology to Cultivate Entrepreneurial Mindsets and Foster Creativity in Management Education
- Creators
- Richa VermaSubhash Kumar VermaRicha SrivastavaSatya Bhushan VermaBipin Kumar Singh
- Publication Details
- Digital Twins for Smart Cities and Urban Planning, pp 194-209
- Publisher
- CRC Press
- Edition
- 1
- Resource Type
- Book chapter
- Language
- English
- Academic Unit
- [Retired Faculty]; Pennsylvania College of Optometry (PCO)
- Scopus ID
- 2-s2.0-105004337537
- Other Identifier
- 991022043942704721