What’s the point of college? At Arizona State University, it’s often about “the entrepreneurial mindset,” as Sethuraman Panchanathan put it, who helps lead the university’s research and economic development efforts. That means not just preparing students for jobs, he said, but rather teaching them to think creatively and convert smart ideas into tools and services that benefit a wide range of communities. The approach has paid dividends for a school with 91,000 undergraduate and graduate students and that has attracted $600 million of venture capital in the past decade, according to Panchanathan. This success is cementing ASU’s place as one the cornerstones of Phoenix’s economic revival.