MAKERSPACES IN LIBRARIES TO PROMOTE AN ENTREPRENEURSHIP: A CONCEPTUAL STUDY

Abstract

Makerspaces are providing new opportunities for entrepreneurial development. The objective of this article is to explore the importance of makerspace in academic libraries, and with a focus on understanding its role on building future entrepreneurs. While many libraries have supported digital humanities and digital scholarship, the emergence of makerspace has led to new approaches to learning and knowledge creation within the library and campus ecosystem. Makerspace has also played a pivotal role in building entrepreneurs. Entrepreneurs and small businesses are widely understood to be engines of economic growth and innovation. Libraries meet the needs of aspiring entrepreneurs of all backgrounds, in every part of our nation. So, the makerspace has a vital role in the upbringing of entrepreneurs. The writers concluded that maker moment attracts students, innovators, emerging entrepreneurs to create innovative object design, and so this they may provide more ‘fortuitous entrepreneurs’ if users of makerspace find new or innovative way to have a market for their output and it also generates opaque, wide networks, producing novel thoughts as well as advanced assuming about new products. At last maker movement may cause for reduction in cost of prototyping, to get more sales in the initial stage and to get funding in outside.