At the Techcrunch Disrupt conference in San Francisco in 2010, Peter Thiel had a rather stunning announcement to make. The Paypal co-founder announced that his foundation would offer grants totalling $100000 to up to 20 students under the age of 20 who would be willing to drop out of school and start something new and experiment with breakthrough innovation.
Whether it was appropriate to encourage youngsters to opt out of school is matter for another discussion but what it does reinforce is the widespread notion that our university system does not allow for much focus on or encouragement to innovation. Yet, innovation in today's fast changing world is no longer an option but an imperative - not just for product design or technology breakthrough but in every aspect of business. In fact, for the transition of great ideas into successful innovative enterprise, effective and innovative management is a necessary condition.
To read the full, original article click on this link: 5 Business Schools for Innovation and Entrepreneurship
