The Massachusetts Institute of Technology is starting a wide-ranging effort to promote entrepreneurship and turn student inventions into products and businesses, The Boston Globe reported. MIT is already no slouch when it comes to technology innovation, but officials have been concerned that Harvard and Stanford Universities have been expanding efforts on promoting startup culture. MIT recently started giving academic credit to engineering students for participating in a boot camp to turn ideas into businesses. Also under consideration are such steps as creating an undergraduate minor in innovation and entrepreneurship and funding student-run startups.
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