Entrepreneurial Education in Practice, Part 2 - Building Motivations and Competencies.

Penaluna, Andrew and Penaluna, Kathryn (2015) Entrepreneurial Education in Practice, Part 2 - Building Motivations and Competencies. Entrepreneurship 360 Thematic Paper, OECD..

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Abstract

Entrepreneurship education has emerged in different educational contexts, primarily to develop an entrepreneurial culture, to create new ventures and to foster entrepreneurial mindsets through education and learning (Kuratko, 2005). In early work a common theme was to simply consider business start-up as a valid outcome, irrespective of how successful the new venture was or how useful the learning that accompanied it entailed. In recent years a raft of research and more developed expertise has evolved to better inform the education community, and as a result many new theories and approaches have evolved that break down various aspects that are deemed to be important factors in learner development and perhaps importantly, how this can be enhanced through appropriate assessment of student performance. However, much of this activity can still be considered to be at a relatively early stage of development and the many and varied alternative definitions and interpretations of what is meant by the word "entrepreneurship", across the globe continue to cause confusion. 2. The words of Klaus Schwab, the founder and Chairman of the World Economic Forum (2009, 6) help us to understand what is required: "Entrepreneurship is the engine fuelling innovation employment generation and economic growth… the power that education has in developing the skills that generate an entrepreneurial mindset and in preparing future leaders for solving more complex, interlinked and fast-changing problems". From this key aims emerge and the underlying picture of an education system that enables adaptability (to address fast changing problems), develops capacity for opportunity recognition and networking (to address complex and interlinked issues), and ensures that these skills are aligned to the needs of business and economic growth, become paramount. We must however, be cautious that these are not seen to neglect aspects of community needs and social entrepreneurship, so sustainable business that addresses needs other than pure profit also need to be factored into the discussion.

Item Type: Article
Uncontrolled Keywords: entrepreneurial education, innovation, school curriculum
Subjects: L Education > LB Theory and practice of education
L Education > LB Theory and practice of education > LB1501 Primary Education
L Education > LB Theory and practice of education > LB1603 Secondary Education. High schools
L Education > LB Theory and practice of education > LB2361 Curriculum
L Education > LC Special aspects of education
Divisions: Research Innovation and Enterprise Services
Depositing User: Dr Kathryn Penaluna
Date Deposited: 15 Aug 2024 14:06
Last Modified: 11 Sep 2024 17:05
URI: https://repository.uwtsd.ac.uk/id/eprint/3106

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