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Challenge-Based Entrepreneurship: Fostering Innovation and Sustainable Solutions

Published: 25 October 2023 Publication History

Abstract

Challenge-based entrepreneurship has gained significant attention as a promising approach to tackle complex societal problems, foster innovation, and drive sustainable solutions. This research paper explores the concept of challenge-based entrepreneurship, its key characteristics, and its potential to address societal challenges. It investigates the role of open innovation, collaboration, and interdisciplinary approaches in the context of challenge-based entrepreneurship. The paper also discusses the benefits and challenges associated with this entrepreneurial model. By examining real-world examples and cases study carried out at Tecnológico de Monterrey in Hackathons, Bootcamps, Government programs and Research projects. Finally highlights the importance of challenge-based entrepreneurship in driving transformative change and creating positive societal impact.

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Published In

cover image Guide Proceedings
Proceedings of TEEM 2023: The Eleventh International Conference on Technological Ecosystems for Enhancing Multiculturality
Oct 2023
1512 pages
ISBN:978-981-97-1813-9
DOI:10.1007/978-981-97-1814-6

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Springer-Verlag

Berlin, Heidelberg

Publication History

Published: 25 October 2023

Author Tags

  1. Collaborative Learning in Social Networks and Environments
  2. Educational Innovation
  3. Entrepreneurship
  4. Higher Education
  5. Sustainable development

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