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Inspiring Student Entrepreneurship and Innovation.

Jhillika Patel1, Sanjana Eranki1, Isabella Tan1

  • 1Department of Medicine, Rutgers Robert Wood Johnson Medical School, Piscataway, USA.

Cureus
|November 11, 2024
PubMed
Summary

Medical students show strong interest in healthcare entrepreneurship but face significant barriers like lack of resources and mentorship. Integrating formal education and support can empower them to innovate and improve healthcare.

Keywords:
diversity and inclusionmedical educationmedical entrepreuneurshipmedical innovationstudent programming

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Area of Science:

  • Biomedical innovation
  • Medical education
  • Healthcare entrepreneurship

Background:

  • Student interest in healthcare entrepreneurship is high but often unsupported by formal medical school programs.
  • A national Healthcare Innovation Summit was held to explore student interest and experiences in medical innovation.

Purpose of the Study:

  • To investigate medical student interest in entrepreneurship and their experiences with healthcare innovation.
  • To identify barriers faced by students in pursuing innovative healthcare ventures.

Main Methods:

  • A survey was administered to national student attendees of a Healthcare Innovation Summit.
  • Survey data covered interest, barriers, support, and confidence in entrepreneurship.
  • Quantitative (Likert scale) and qualitative (thematic analysis) methods were used.

Main Results:

  • 100% of respondents expressed significant interest in healthcare entrepreneurship.
  • Key barriers identified include lack of resources (44%), funding (51%), mentorship (60%), and time (82%).
  • Students desire formal education, mentorship, and support for critical thinking in innovation.

Conclusions:

  • Medical students encounter substantial obstacles in pursuing healthcare entrepreneurship.
  • Integrating entrepreneurship education, mentorship, and funding support into medical curricula is crucial.
  • Such integration can empower students to drive innovation and enhance healthcare delivery.