This document proposes improvements to vocational education in Massachusetts to promote entrepreneurship among students. It recommends strengthening cooperation between vocational schools, small businesses, and career support services. It also suggests engaging parents and educational technology. The document reviews the socioeconomic context of high youth unemployment. It summarizes the results of a student survey in Massachusetts that found strong interest in entrepreneurship education and concerns about accessing financing. It recommends reforms to the vocational curriculum to develop students' business knowledge, skills, and entrepreneurial mindset through three pillars: business knowledge, business skills, and entrepreneurship competencies.
This document discusses challenges and opportunities for entrepreneurship education in India. It begins by quoting experts on the importance of entrepreneurship education. It then outlines an agenda covering reforms to education systems, defining entrepreneurship education and its relationship to economic development. Key challenges discussed include developing entrepreneurship-focused curricula and creating a critical mass of entrepreneurship teachers in India. Recommendations call for partnerships across education ecosystems to foster an entrepreneurial mindset at all levels.
Creating Entrepreneurial Identities in Social Entrepreneurship Education 2014PeterHackbert
The document summarizes research on developing entrepreneurial identities and self-efficacy in social entrepreneurship education programs. It describes the Entrepreneurship for the Public Good (EPG) program at Berea College, which was created to support entrepreneurial activity and economic development in Appalachian communities. The EPG program uses experiential learning and involves students pursuing social and commercial enterprises over two summers. Recent improvements focused on helping students develop identities as social entrepreneurs and innovators and the self-efficacy to make a positive social impact. The program incorporates social identity and self-efficacy theories into pedagogy using devices like biographies, gatherings, and competitions to socialize students and foster collective identities around social
Fostering Entrepreneurship and Building Entrepreneurial Self-Efficacy in Prim...Maurice Dawson
This document discusses introducing entrepreneurship education at the primary and secondary levels. It argues that doing so could increase students' entrepreneurial self-efficacy and prepare them for an evolving workforce. Entrepreneurship education builds skills like leadership, creativity and perseverance. It also engages students and improves performance. Introducing these concepts early may particularly benefit women and minorities by helping address barriers to entrepreneurial success. Several existing programs that promote entrepreneurship education for K-12 students are described as examples.
The document discusses entrepreneurship education in India. It aims to study the significance and current status of entrepreneurship education in India, and suggest ways to improve its quality. Entrepreneurship education can help address India's challenges of unemployment, especially among youth, and the need for more job creation and economic development. While universities and institutions have started entrepreneurship programs, there are still questions around how to best structure such education - whether teaching should focus on entrepreneurship itself or managing businesses, and how to balance academic and practical experience. The document analyzes various types of entrepreneurship education programs and institutions involved in India, and provides suggestions like reducing the research gap between coursework and industry needs.
Creativity, innovation and entrepreneurship are the seeds to economic activity and entrepreneurs are the sources of jobs in an economy. According to TiE (The IndUS Entrepreneurs, a non - profit organization, which promotes entrepreneurship), each entrepreneur creates approximately 30 jobs. Entrepreneurship helps to make the Indian market export competitive and equally contributes in making the Indian brand more acceptable. People exposed to entrepreneurship frequently express that they have more opportunity to exercise creative freedoms, higher self-esteem, and an overall greater sense of control over their own lives. But the present younger generation is not able to enjoy all these benefits. A survey done by the Entrepreneurship Development Institute, India (EDII) in 2003 shows that young people are afraid to start their own business because they are not confident, not capable, and lack knowledge in starting a business. Many people would have the opportunity to change jobs or become an entrepreneur if they are properly trained. The students in India are not confident merely with the traditional education they receive in the universities. This throws a demand for education programs specifically designed to expand students’ knowledge and experience in entrepreneurship.
Entrepreneurship education in India faces cultural and financial constraints along with insufficient government capacity and private participation. Research points to the significant impact that good entrepreneurship education can make more towards entrepreneurial success and promotes entrepreneurial culture. Hence the plethora of entrepreneurship academics and academic programs at UK and US universities. A mainstay of many of the more successful entrepreneurship programs at business schools around the world is the involvement of successful entrepreneurs whose business careers provide an invaluable part of any university student’s entrepreneurship education.
At this backdrop, this paper tries to explain the need for a comprehensive formal system of entrepreneurship education against the present scenario.
Keywords: entrepreneur, entrepreneurship, entrepreneurship education
Economic Gardening through Entrepreneurship Education
`
For more information, Please see websites below:
`
Organic Edible Schoolyards & Gardening with Children
http://scribd.com/doc/239851214
`
Double Food Production from your School Garden with Organic Tech
http://scribd.com/doc/239851079
`
Free School Gardening Art Posters
http://scribd.com/doc/239851159`
`
Companion Planting Increases Food Production from School Gardens
http://scribd.com/doc/239851159
`
Healthy Foods Dramatically Improves Student Academic Success
http://scribd.com/doc/239851348
`
City Chickens for your Organic School Garden
http://scribd.com/doc/239850440
`
Simple Square Foot Gardening for Schools - Teacher Guide
http://scribd.com/doc/239851110
An overview of an South African approach for the advancement of entrepreneurship in-school. This critical initiative works to enable young people to become creators of jobs rather than job seekers. Youth unemployment represents a serious challenge to society and this nonprofit initiative that started in 1992 is now moving to scale. Core to this approach is effective collaboration amongst a broad range of stakeholders. The pilot of the Youth Enterprise Society (YES) clubs between 1994 and 1996 proved tremendously effective for its engagement of young people within entrepreneurship. Subsequent developments of "Simama Ranta" as well as the in-classroom syllabi component - resulted for the three components of YES clubs, Simama Ranta and Syllabi to form this approach to entrepreneurship education. It is with our own gratitude, as well as with the gratitude from thousands of learners as well as teachers, that we share this presentation with you. However, a lot of work still needs to be done to move beyond the 300 schools serviced - with the target of around 7,000 schools. Please join us and make it happen?! Our youth deserve to be enabled to build a life full of hope, courage, opportunity and to be full participants within the South African economy. It has been proven that one of the best ways to get people out of poverty is through entrepreneurship. We welcome your engagement whether it is through questions, suggestions, linkages, support or in any other manner that you choose engage.
Entrepreneurship Education: A Guide for EducatorsManual de empreendedorismoMario Verissimo
This manual aims to showcase a selection of examples of inspiring practice featured through the two events to a wider audience. It highlights the enablers and the successfactors of the examples, and provides contact details for more information.
This document discusses challenges and opportunities for entrepreneurship education in India. It begins by quoting experts on the importance of entrepreneurship education. It then outlines an agenda covering reforms to education systems, defining entrepreneurship education and its relationship to economic development. Key challenges discussed include developing entrepreneurship-focused curricula and creating a critical mass of entrepreneurship teachers in India. Recommendations call for partnerships across education ecosystems to foster an entrepreneurial mindset at all levels.
Creating Entrepreneurial Identities in Social Entrepreneurship Education 2014PeterHackbert
The document summarizes research on developing entrepreneurial identities and self-efficacy in social entrepreneurship education programs. It describes the Entrepreneurship for the Public Good (EPG) program at Berea College, which was created to support entrepreneurial activity and economic development in Appalachian communities. The EPG program uses experiential learning and involves students pursuing social and commercial enterprises over two summers. Recent improvements focused on helping students develop identities as social entrepreneurs and innovators and the self-efficacy to make a positive social impact. The program incorporates social identity and self-efficacy theories into pedagogy using devices like biographies, gatherings, and competitions to socialize students and foster collective identities around social
Fostering Entrepreneurship and Building Entrepreneurial Self-Efficacy in Prim...Maurice Dawson
This document discusses introducing entrepreneurship education at the primary and secondary levels. It argues that doing so could increase students' entrepreneurial self-efficacy and prepare them for an evolving workforce. Entrepreneurship education builds skills like leadership, creativity and perseverance. It also engages students and improves performance. Introducing these concepts early may particularly benefit women and minorities by helping address barriers to entrepreneurial success. Several existing programs that promote entrepreneurship education for K-12 students are described as examples.
The document discusses entrepreneurship education in India. It aims to study the significance and current status of entrepreneurship education in India, and suggest ways to improve its quality. Entrepreneurship education can help address India's challenges of unemployment, especially among youth, and the need for more job creation and economic development. While universities and institutions have started entrepreneurship programs, there are still questions around how to best structure such education - whether teaching should focus on entrepreneurship itself or managing businesses, and how to balance academic and practical experience. The document analyzes various types of entrepreneurship education programs and institutions involved in India, and provides suggestions like reducing the research gap between coursework and industry needs.
Creativity, innovation and entrepreneurship are the seeds to economic activity and entrepreneurs are the sources of jobs in an economy. According to TiE (The IndUS Entrepreneurs, a non - profit organization, which promotes entrepreneurship), each entrepreneur creates approximately 30 jobs. Entrepreneurship helps to make the Indian market export competitive and equally contributes in making the Indian brand more acceptable. People exposed to entrepreneurship frequently express that they have more opportunity to exercise creative freedoms, higher self-esteem, and an overall greater sense of control over their own lives. But the present younger generation is not able to enjoy all these benefits. A survey done by the Entrepreneurship Development Institute, India (EDII) in 2003 shows that young people are afraid to start their own business because they are not confident, not capable, and lack knowledge in starting a business. Many people would have the opportunity to change jobs or become an entrepreneur if they are properly trained. The students in India are not confident merely with the traditional education they receive in the universities. This throws a demand for education programs specifically designed to expand students’ knowledge and experience in entrepreneurship.
Entrepreneurship education in India faces cultural and financial constraints along with insufficient government capacity and private participation. Research points to the significant impact that good entrepreneurship education can make more towards entrepreneurial success and promotes entrepreneurial culture. Hence the plethora of entrepreneurship academics and academic programs at UK and US universities. A mainstay of many of the more successful entrepreneurship programs at business schools around the world is the involvement of successful entrepreneurs whose business careers provide an invaluable part of any university student’s entrepreneurship education.
At this backdrop, this paper tries to explain the need for a comprehensive formal system of entrepreneurship education against the present scenario.
Keywords: entrepreneur, entrepreneurship, entrepreneurship education
Economic Gardening through Entrepreneurship Education
`
For more information, Please see websites below:
`
Organic Edible Schoolyards & Gardening with Children
http://scribd.com/doc/239851214
`
Double Food Production from your School Garden with Organic Tech
http://scribd.com/doc/239851079
`
Free School Gardening Art Posters
http://scribd.com/doc/239851159`
`
Companion Planting Increases Food Production from School Gardens
http://scribd.com/doc/239851159
`
Healthy Foods Dramatically Improves Student Academic Success
http://scribd.com/doc/239851348
`
City Chickens for your Organic School Garden
http://scribd.com/doc/239850440
`
Simple Square Foot Gardening for Schools - Teacher Guide
http://scribd.com/doc/239851110
An overview of an South African approach for the advancement of entrepreneurship in-school. This critical initiative works to enable young people to become creators of jobs rather than job seekers. Youth unemployment represents a serious challenge to society and this nonprofit initiative that started in 1992 is now moving to scale. Core to this approach is effective collaboration amongst a broad range of stakeholders. The pilot of the Youth Enterprise Society (YES) clubs between 1994 and 1996 proved tremendously effective for its engagement of young people within entrepreneurship. Subsequent developments of "Simama Ranta" as well as the in-classroom syllabi component - resulted for the three components of YES clubs, Simama Ranta and Syllabi to form this approach to entrepreneurship education. It is with our own gratitude, as well as with the gratitude from thousands of learners as well as teachers, that we share this presentation with you. However, a lot of work still needs to be done to move beyond the 300 schools serviced - with the target of around 7,000 schools. Please join us and make it happen?! Our youth deserve to be enabled to build a life full of hope, courage, opportunity and to be full participants within the South African economy. It has been proven that one of the best ways to get people out of poverty is through entrepreneurship. We welcome your engagement whether it is through questions, suggestions, linkages, support or in any other manner that you choose engage.
Entrepreneurship Education: A Guide for EducatorsManual de empreendedorismoMario Verissimo
This manual aims to showcase a selection of examples of inspiring practice featured through the two events to a wider audience. It highlights the enablers and the successfactors of the examples, and provides contact details for more information.
SEI Report 2019 - School of Entrepreneurship and Innovation ItalyAndrea Griva
Facts, programmes and learnings from the first full year of activity of the School of Entrepreneurship and Innovation (Turin, Italy).
The School is a non-profit organization whose aim is to give everyone the opportunity to be an entrepreneur in Italy. SEI was started in March 2018 as a joint initiative of Agnelli Foundation with several partners such as Chamber of Commerce of Turin, Collège des Ingénieurs Italia, Club degli Investitori, Politecnico of Turin, UniCredit, Gruppo Giovani Imprenditori dell’Unione Industriale di Torino and University of Turin.
SEI runs four entrepreneurship programs for university and high school students who have the potential to become entrepreneurs. The students are pushed to explore their entrepreneurial aptitude through action learning activities aimed at generating business ideas. We implement our programs with the support of a qualified network of international mentors, entrepreneurs and companies from all sectors
This document discusses the role of education in entrepreneurship development in India. It notes that formal education is positively correlated with entrepreneurship, and education and training can enhance entrepreneurship by expanding the pool of entrepreneurs. However, current entrepreneurship education in India focuses only on related courses, which are similar to general business courses that have little influence on entrepreneurial skills. The document aims to explain the evolution of entrepreneurship education in India, discuss its importance for the economy, and examine challenges and ways to improve entrepreneurship education programs.
Entrepreneurial education refers to the ability of turning ideas into action. It includes creativity, innovation and risk taking, as well as the skill of planning and managing projects in order to achieve objectives. How can school give students the attitudes, knowledge and competences to act in an entrepreneurial way?
Wealth Taking or Wealth Making?:What Does The Evidence Tell Us About Effecti...Mike Blamires
This document summarizes research on effective practices in financial capability and entrepreneurship education. It finds that experiential learning methods are most effective. Regular evaluation of activities and assessment of learning outcomes, rather than just knowledge acquisition, is important. System-wide strategies and teacher professional development are needed to fully integrate these topics into curricula.
The document provides information about the Business Education & Entrepreneurial Skills Training (BEST) program run by Save the Children in Mongolia. The BEST program aims to empower Mongolian youth through hands-on business and entrepreneurship education. It will introduce an innovative after-school program teaching these skills to 14-17 year olds. The program seeks to address Mongolia's lack of entrepreneurship education and high youth unemployment by developing students' business mindsets and helping them explore career options. It plans to partner with schools, universities, donors and businesses to establish this comprehensive training initiative.
Entrepreneurship education is important in today's world to promote social change and innovation. Higher education institutions can playa key role by developing an entrepreneurial mindset in students. They should create an ecosystem involving government support, business partnerships, and multidisciplinary learning opportunities. This allows students to work on technical, social, and business projects in teams and potentially commercialize ideas. Universities can become entrepreneurship centers by adopting a clear vision of supporting entrepreneurship through diverse funding, business interactions, and an integrated entrepreneurial culture.
Educational Entrepreneurship {E-Ship} is a personal attribute consisting of innovativeness, accountability, and change catalyst, risk taking and bearing attitude. Education entrepreneurs instead create organizations that seek to enhance the capacity of the existing educational system.
Junior Achievement is a worldwide nonprofit organization that provides entrepreneurship education programs to students. It aims to inspire and prepare young people to succeed in the global economy by teaching skills like work readiness, entrepreneurship, and financial literacy. Its programs are delivered through partnerships between schools, businesses, and volunteers. Evaluations show the programs help develop students' skills, increase their motivation and attitudes toward work, and make them twice as likely to start their own businesses in the future.
This document discusses the role of universities in promoting entrepreneurship education and employability. It defines entrepreneurship and outlines some courses offered at Chinese universities related to entrepreneurship. The document discusses the tasks of instructors in entrepreneurship education, including teaching practical skills and shifting students from theoretical to practical learning. Positive outcomes are described, such as students gaining job skills, confidence, and control over their lives. Methods for delivering entrepreneurship education mentioned include comprehensive curriculum, risk management, teaching academic skills, and economic concepts.
This report examines methods for developing young workers aged 16-24 in the workplace. It explores what skills they have when entering the workforce and the most effective development approaches. The CIPD studied 5 case organizations that offer programs for young people like apprenticeships and graduate schemes. The research aims to help organizations understand how to develop their future workforce and drive business performance through training investment. It provides examples of effective practices and addresses common challenges.
1. The document discusses the benefits of acquiring both academic and practical skills-based education for entrepreneurial development and sustainability.
2. It argues that obtaining both types of education provides better management skills and outcomes than only one, as academic and practical skills-based education each provide unique and complementary learning.
3. The document concludes that to be successful, entrepreneurs need to gain knowledge from both academic education and practical skills training, as both are important phases of learning that develop sound judgment, discipline, creativity and efficient resource management.
2019 New Trends in Education & Teaching Innovation Timothy Wooi
Theme
"Turning Good Teachers to Great Innovation Leaders"
Objectives
To introduce Educators to the concept of Innovation Leadership in Education.
To equip Educators with Leadership skills needed in carrying out instructions and other school based tasks.
To help Educators develop their skills in Innovation.
This paper discussed arts gallery entrepreneurship initiative as a veritable means for sustainability in Nigeria. It presented concepts of Art gallery, and discussed in details the meaning of entrepreneurship and its ideas in generating income through school art gallery. The role of art collectors in setting standard production and marketing art works for sustainable development was also discussed in this paper. It also highlighted the factors militating against arts gallery practice in Schools, and stated good reasons for art gallery practice toward ensuring a triumphant entrepreneurial programme in the institutions of learning in Nigeria. The paper concluded by making suggestions on how to improve arts gallery practice in Fine and Applied Arts Schools among them are: redirecting the efforts of educational planners to effect positive changes in the implementation of establishment of art gallery and its practices at all level of education in Nigeria as part of creative arts curriculum, this will create a conducive atmosphere for art and entrepreneurship. If joblessness must be reduced among the school leavers, introduction of technical schools must be embraced by the government to train artisans that will provide the needed human capital for running art gallery businesses and other self-reliant professions.
TS5-6: Yasuko Eno from Japan Advanced Institute of Science and Technology Jawad Haqbeen
Please listen to the presentation, read detailed slides and return to first post to make your comments below the corresponding paper author's post.
Session Chair: Shun Okuhara
Session Theme: Education and Support
Session Number: 5
Paper No: 24
Session and Talk No: TS5-6
Type: Full
Co-authors: Yasuko Eno and Rihyei Kang
Title: Entrepreneurial Education Opportunities for the Over 50s
The document outlines plans for a new College of Business & Public Administration at the University of North Dakota that will feature a new School of Entrepreneurship. Key aspects of the new college include a next-generation curriculum focused on entrepreneurship through business plan competitions, boot camps, and executive programs. The new college will provide adaptable learning spaces, top technology, and bring entrepreneurship education to students across the entire university campus. The goal is to inspire innovation and fuel economic growth in North Dakota.
Educating for Entrepreneurial Mindsets (MESHGuide): A critical consideration ...Mike Blamires
UNESCO Education for All: Developing a translational research and knowledge mobilisation strategy for global and local perspectives through MESHGuides (Mapping Education Specialist knowHow).
Youth Entrepreneurship: Opportunities and Challenges in Indiaiosrjce
This paper focuses and provides an insight into the current scenario of today’s engineering
graduates; the careers opted by various engineering students, either jobs or higher education. The role of these
young and dynamic students with potential in entrepreneurship is been focused and given a broader aspect.
Attention is also given on the current challenges that are faced by the young entrepreneurs and what
opportunities lay for them in entrepreneurship. Some suggestions on possible roles of government, educational
and financial institutes are also listed. Along with this, a case study on Aspiring Young Entrepreneurs is
discussed where undergraduate students of Walchand College of Engineering, Sangli mutually endeavor to gain
entrepreneurial skills collectively.
Developing The active Learning Model to Improve the Effectiveness Study Group...iosrjce
The implementation of the entrepreneurship course in ISI Padang Panjang was not run optimally.
This research was aimed to improve the effectiveness of learning entrepreneurship in ISI Padang Panjang by
developing active learning model by using group learning method. This research used research and
development approach that consisted of preliminary study (needs analysis); model development; and model
testing (validation). Developing a model in this research refers to the ADDIE model (analysis, design,
development, implementation, evaluation). The findings of this research were (1) the process of learning in
entrepreneurship courses at ISI Padang Panjang was not functioned properly; (2) the implementation of the
course only relied on teachers’ learning center which was not effective; (3) developing a model of active
learning by using ADDIE model was valid, practical and effective
The Impact of Higher Education on Entrepreneurship and the Innovation Ecosys...May Portuguez
Portuguez-Castro, M., Ross-Scheede, C., & Gómez-Zermeño, M. Georgina. (2019). The Impact of Higher Education on Entrepreneurship and the Innovation Ecosystem: A Case Study in Mexico. Sustainability, 11(20), 1-17. doi:https://doi.org/10.3390/su11205597
Article on 10 steps to improve entrepreneurship educationmitecenter
The document outlines 10 steps to improve entrepreneurship education based on lessons learned at MIT and other institutions. It argues that entrepreneurship is very important for job creation and economic prosperity, and that academic institutions can play a central role in developing entrepreneurs. The 10 steps are meant to build an educational experience that produces more successful entrepreneurs, and include making a strong case for the importance of entrepreneurship, exposing students to real-world entrepreneurs, integrating entrepreneurship concepts across disciplines, and providing funding and mentoring support for student ventures.
SEI Report 2019 - School of Entrepreneurship and Innovation ItalyAndrea Griva
Facts, programmes and learnings from the first full year of activity of the School of Entrepreneurship and Innovation (Turin, Italy).
The School is a non-profit organization whose aim is to give everyone the opportunity to be an entrepreneur in Italy. SEI was started in March 2018 as a joint initiative of Agnelli Foundation with several partners such as Chamber of Commerce of Turin, Collège des Ingénieurs Italia, Club degli Investitori, Politecnico of Turin, UniCredit, Gruppo Giovani Imprenditori dell’Unione Industriale di Torino and University of Turin.
SEI runs four entrepreneurship programs for university and high school students who have the potential to become entrepreneurs. The students are pushed to explore their entrepreneurial aptitude through action learning activities aimed at generating business ideas. We implement our programs with the support of a qualified network of international mentors, entrepreneurs and companies from all sectors
This document discusses the role of education in entrepreneurship development in India. It notes that formal education is positively correlated with entrepreneurship, and education and training can enhance entrepreneurship by expanding the pool of entrepreneurs. However, current entrepreneurship education in India focuses only on related courses, which are similar to general business courses that have little influence on entrepreneurial skills. The document aims to explain the evolution of entrepreneurship education in India, discuss its importance for the economy, and examine challenges and ways to improve entrepreneurship education programs.
Entrepreneurial education refers to the ability of turning ideas into action. It includes creativity, innovation and risk taking, as well as the skill of planning and managing projects in order to achieve objectives. How can school give students the attitudes, knowledge and competences to act in an entrepreneurial way?
Wealth Taking or Wealth Making?:What Does The Evidence Tell Us About Effecti...Mike Blamires
This document summarizes research on effective practices in financial capability and entrepreneurship education. It finds that experiential learning methods are most effective. Regular evaluation of activities and assessment of learning outcomes, rather than just knowledge acquisition, is important. System-wide strategies and teacher professional development are needed to fully integrate these topics into curricula.
The document provides information about the Business Education & Entrepreneurial Skills Training (BEST) program run by Save the Children in Mongolia. The BEST program aims to empower Mongolian youth through hands-on business and entrepreneurship education. It will introduce an innovative after-school program teaching these skills to 14-17 year olds. The program seeks to address Mongolia's lack of entrepreneurship education and high youth unemployment by developing students' business mindsets and helping them explore career options. It plans to partner with schools, universities, donors and businesses to establish this comprehensive training initiative.
Entrepreneurship education is important in today's world to promote social change and innovation. Higher education institutions can playa key role by developing an entrepreneurial mindset in students. They should create an ecosystem involving government support, business partnerships, and multidisciplinary learning opportunities. This allows students to work on technical, social, and business projects in teams and potentially commercialize ideas. Universities can become entrepreneurship centers by adopting a clear vision of supporting entrepreneurship through diverse funding, business interactions, and an integrated entrepreneurial culture.
Educational Entrepreneurship {E-Ship} is a personal attribute consisting of innovativeness, accountability, and change catalyst, risk taking and bearing attitude. Education entrepreneurs instead create organizations that seek to enhance the capacity of the existing educational system.
Junior Achievement is a worldwide nonprofit organization that provides entrepreneurship education programs to students. It aims to inspire and prepare young people to succeed in the global economy by teaching skills like work readiness, entrepreneurship, and financial literacy. Its programs are delivered through partnerships between schools, businesses, and volunteers. Evaluations show the programs help develop students' skills, increase their motivation and attitudes toward work, and make them twice as likely to start their own businesses in the future.
This document discusses the role of universities in promoting entrepreneurship education and employability. It defines entrepreneurship and outlines some courses offered at Chinese universities related to entrepreneurship. The document discusses the tasks of instructors in entrepreneurship education, including teaching practical skills and shifting students from theoretical to practical learning. Positive outcomes are described, such as students gaining job skills, confidence, and control over their lives. Methods for delivering entrepreneurship education mentioned include comprehensive curriculum, risk management, teaching academic skills, and economic concepts.
This report examines methods for developing young workers aged 16-24 in the workplace. It explores what skills they have when entering the workforce and the most effective development approaches. The CIPD studied 5 case organizations that offer programs for young people like apprenticeships and graduate schemes. The research aims to help organizations understand how to develop their future workforce and drive business performance through training investment. It provides examples of effective practices and addresses common challenges.
1. The document discusses the benefits of acquiring both academic and practical skills-based education for entrepreneurial development and sustainability.
2. It argues that obtaining both types of education provides better management skills and outcomes than only one, as academic and practical skills-based education each provide unique and complementary learning.
3. The document concludes that to be successful, entrepreneurs need to gain knowledge from both academic education and practical skills training, as both are important phases of learning that develop sound judgment, discipline, creativity and efficient resource management.
2019 New Trends in Education & Teaching Innovation Timothy Wooi
Theme
"Turning Good Teachers to Great Innovation Leaders"
Objectives
To introduce Educators to the concept of Innovation Leadership in Education.
To equip Educators with Leadership skills needed in carrying out instructions and other school based tasks.
To help Educators develop their skills in Innovation.
This paper discussed arts gallery entrepreneurship initiative as a veritable means for sustainability in Nigeria. It presented concepts of Art gallery, and discussed in details the meaning of entrepreneurship and its ideas in generating income through school art gallery. The role of art collectors in setting standard production and marketing art works for sustainable development was also discussed in this paper. It also highlighted the factors militating against arts gallery practice in Schools, and stated good reasons for art gallery practice toward ensuring a triumphant entrepreneurial programme in the institutions of learning in Nigeria. The paper concluded by making suggestions on how to improve arts gallery practice in Fine and Applied Arts Schools among them are: redirecting the efforts of educational planners to effect positive changes in the implementation of establishment of art gallery and its practices at all level of education in Nigeria as part of creative arts curriculum, this will create a conducive atmosphere for art and entrepreneurship. If joblessness must be reduced among the school leavers, introduction of technical schools must be embraced by the government to train artisans that will provide the needed human capital for running art gallery businesses and other self-reliant professions.
TS5-6: Yasuko Eno from Japan Advanced Institute of Science and Technology Jawad Haqbeen
Please listen to the presentation, read detailed slides and return to first post to make your comments below the corresponding paper author's post.
Session Chair: Shun Okuhara
Session Theme: Education and Support
Session Number: 5
Paper No: 24
Session and Talk No: TS5-6
Type: Full
Co-authors: Yasuko Eno and Rihyei Kang
Title: Entrepreneurial Education Opportunities for the Over 50s
The document outlines plans for a new College of Business & Public Administration at the University of North Dakota that will feature a new School of Entrepreneurship. Key aspects of the new college include a next-generation curriculum focused on entrepreneurship through business plan competitions, boot camps, and executive programs. The new college will provide adaptable learning spaces, top technology, and bring entrepreneurship education to students across the entire university campus. The goal is to inspire innovation and fuel economic growth in North Dakota.
Educating for Entrepreneurial Mindsets (MESHGuide): A critical consideration ...Mike Blamires
UNESCO Education for All: Developing a translational research and knowledge mobilisation strategy for global and local perspectives through MESHGuides (Mapping Education Specialist knowHow).
Youth Entrepreneurship: Opportunities and Challenges in Indiaiosrjce
This paper focuses and provides an insight into the current scenario of today’s engineering
graduates; the careers opted by various engineering students, either jobs or higher education. The role of these
young and dynamic students with potential in entrepreneurship is been focused and given a broader aspect.
Attention is also given on the current challenges that are faced by the young entrepreneurs and what
opportunities lay for them in entrepreneurship. Some suggestions on possible roles of government, educational
and financial institutes are also listed. Along with this, a case study on Aspiring Young Entrepreneurs is
discussed where undergraduate students of Walchand College of Engineering, Sangli mutually endeavor to gain
entrepreneurial skills collectively.
Developing The active Learning Model to Improve the Effectiveness Study Group...iosrjce
The implementation of the entrepreneurship course in ISI Padang Panjang was not run optimally.
This research was aimed to improve the effectiveness of learning entrepreneurship in ISI Padang Panjang by
developing active learning model by using group learning method. This research used research and
development approach that consisted of preliminary study (needs analysis); model development; and model
testing (validation). Developing a model in this research refers to the ADDIE model (analysis, design,
development, implementation, evaluation). The findings of this research were (1) the process of learning in
entrepreneurship courses at ISI Padang Panjang was not functioned properly; (2) the implementation of the
course only relied on teachers’ learning center which was not effective; (3) developing a model of active
learning by using ADDIE model was valid, practical and effective
The Impact of Higher Education on Entrepreneurship and the Innovation Ecosys...May Portuguez
Portuguez-Castro, M., Ross-Scheede, C., & Gómez-Zermeño, M. Georgina. (2019). The Impact of Higher Education on Entrepreneurship and the Innovation Ecosystem: A Case Study in Mexico. Sustainability, 11(20), 1-17. doi:https://doi.org/10.3390/su11205597
Article on 10 steps to improve entrepreneurship educationmitecenter
The document outlines 10 steps to improve entrepreneurship education based on lessons learned at MIT and other institutions. It argues that entrepreneurship is very important for job creation and economic prosperity, and that academic institutions can play a central role in developing entrepreneurs. The 10 steps are meant to build an educational experience that produces more successful entrepreneurs, and include making a strong case for the importance of entrepreneurship, exposing students to real-world entrepreneurs, integrating entrepreneurship concepts across disciplines, and providing funding and mentoring support for student ventures.
Module 5 Action Plan TemplateUse this template to assist you wit.docxgilpinleeanna
Module 5 Action Plan Template
Use this template to assist you with developing a plan for positive change. As you develop the plan, consider and reflect on the following questions:
· For each goal, who are the stakeholders? What is important for them to know?
· What feedback system will you use to keep stakeholders informed?
· How can the individuals who are assisting you best be used? What information can they provide to make the plan successful or more meaningful?
· What type of evaluation is most appropriate for each goal?
· What resources or training is needed? Who will do it?
· Who will perform the evaluation and how will it be reported?
Goal
(Consider Short & Long Term)
Action
(Training, Investigation, Pilot Study, Interviews, etc.)
Time
Frame
Stakeholders
Evaluation
(Formative, Summative, etc.)
5 Top Bot right left. 12 pt
You need to see this article then write a paper 2-3 page, in the essay, you need to talk about this article and “Over determination”.
Running head: EDUCATION 1
EDUCATION 3
Education
Name
Institution
The US education system has come under a lot of criticisms because of the gap that exists between the curriculum and the expectations of employers in the market (America Institutes for Research, 2013). As a business owner, I support an increased focus on professional and technical training. The current economy demands complex knowledge, which means the current workforce should be highly trained workers (America Institutes for Research, 2013). The demands of the current economy cannot be compared to what was required in the past. There is a necessity for change in the education system to ensure that the suitable graduates churned out every year. Document Set 2 shows that there are 3.3 million job opportunities in the United States. Most of these jobs go for over month without being filled. It is a confirmation that the problem is the gap between what is taught and what is needed in the market. The information has been obtained from White House Job Council, which is a government controlled site. The information is backed by extensive research.
Research has discredited the myth that there is a job shortage in the country. There are many industries that have created jobs that require individuals with the appropriate training and education. Therefore, the problem is the lack of a strong connection between what is taught in school and the economy. There is a need to increase focus on the current curriculum to ensure that students are taught what exists in the market. A collaboration between higher learning institutions and employers is necessary to ensure that new graduates possess skills relevant to the demands of the current economy.
Technology has become an essential part of many industries, which explains the increased demand for professional and technical skills (Edmonson, 2005). Change is necessary to ensure that increased focus is given to technic ...
Entrepreneurship Education for Human Resource Development: Study Bibliometricijejournal
The human resource development strategy involves higher education. In this manner, the business course plans to furnish understudies with the abilities required in the realm of work.. However, the success of entrepreneurship education (EE) still cannot meet the expectations of human resource departments in several companies. Student skills only match the needs of SMEs. Through bibliometric analysis, this study seeks to ascertain future research directions on the relationship between (EE) and human resource development (HRD) for improvement. Using "Publish and Perish" and "Mendeley web importer" Publishing trends peaked in 2017 and 2021 with 42 articles. The first rank is occupied by Sustainability (Switzerland) Journal with a total of 31 articles. The quote pattern shows an up-and-down pattern. there are 4 clusters. Clusters 1 and 2 each have 7 items. Clusters 3 & 4 each have 2 items. author collaboration with a minimum number of occurrences of two documents, resulting in 8 authors who are connected consistently. The implication is that the implementation of EE must be reorganized starting from input, process to output in order to meet HR needs. for further research this study suggests new indicators for EE and HRD variables.
Entrepreneurs, according to Joseph Schumpeter, are responsible for creative destruction. They are the real drivers
economic growth and employment. Creation of entrepreneurship of such higher order would require Universities and Higher Education institutions (HEI) to include entrepreneurship and innovation as a part of their vision
and therefore embed, support and grow an entrepreneurship and innovation culture among management, faculty and students. This transformation, into what we may call the entrepreneurial university, would lead to wide ranging external collaborations and partnerships and enthusiasm to
engage even with the smallest economic and social entrepreneurs inside and outside the campus.
This document provides a summary of a report on entrepreneurship in education. It discusses key topics addressed in the report, including definitions of entrepreneurship education, rationales for including entrepreneurship in education, considerations around when to incorporate entrepreneurship at different educational levels, and approaches for how to teach entrepreneurship. The document outlines some of the main conclusions and recommendations from the report, such as using value creation as a common definition for entrepreneurship education, focusing on developing entrepreneurial mindsets and skills for all students, and employing experiential and practice-based learning methods.
The Applied Model - A new model for a new era of Graduate EducationMichael Locke
There is a fierce global debate about the value and future of universities.
While there is a myriad of opinions arguing for how universities should change. Few address the issue from the perspective of a student and fewer still seek to design solutions which optimise for student outcomes.
Taking a “student first” perspective, this deck provides a summary of a comprehensive white paper on the subject which can be found here: https://www.locke.com.au/applied-model/
October 2011 - Corporate Distance EducationFGV Brazil
FGV Online Magazine - October 2011
Corporate Distance Education - Converging professional growth and company goals
FGV Online website: http://www.fgv.br/fgvonline
Running head EDUCATION1EDUCATION 3Educati.docxsusanschei
Running head: EDUCATION 1
EDUCATION 3
Education
Name
Institution
The US education system has come under a lot of criticisms because of the gap that exists between the curriculum and the expectations of employers in the market (America Institutes for Research, 2013). As a business owner, I support an increased focus on professional and technical training. The current economy demands complex knowledge, which means the current workforce should be highly trained workers (America Institutes for Research, 2013). The demands of the current economy cannot be compared to what was required in the past. There is a necessity for change in the education system to ensure that the suitable graduates churned out every year. Document Set 2 shows that there are 3.3 million job opportunities in the United States. Most of these jobs go for over month without being filled. It is a confirmation that the problem is the gap between what is taught and what is needed in the market. The information has been obtained from White House Job Council, which is a government controlled site. The information is backed by extensive research.
Research has discredited the myth that there is a job shortage in the country. There are many industries that have created jobs that require individuals with the appropriate training and education. Therefore, the problem is the lack of a strong connection between what is taught in school and the economy. There is a need to increase focus on the current curriculum to ensure that students are taught what exists in the market. A collaboration between higher learning institutions and employers is necessary to ensure that new graduates possess skills relevant to the demands of the current economy.
Technology has become an essential part of many industries, which explains the increased demand for professional and technical skills (Edmonson, 2005). Change is necessary to ensure that increased focus is given to technical education (Clagett & Nguyen, 2014). There is the option of creating a curriculum that instills the values obtained from liberal arts and technical education to help train versatile graduates.
As a business owner, I will take the following steps to clarify this information:
· Conduct an extensive research to determine what is required in the current job market.
· Discuss the issue with my employees and colleagues to get their views on the issue.
· Develop a recommendation paper that can be used by institutions of higher learning to show what is needed in the current job market.
Response to Discussion
The views presented by the author are supported by facts, which makes it difficult to dispute his/her position. The current economy is in demand for professional and technical skills, which warrants a special focus on technical education. However, many factors that should be considered to explain why there are many job openings that go for months without being filled. Experience, location, and compensat ...
Building a Culture of Innovation in Higher EducationLuciano Sathler
This document provides a framework and self-assessment tool to help higher education leaders build a culture of innovation at their institutions. It identifies 7 key factors that drive an innovation culture: leadership, structure and process, resource allocation, capacity, communication, learning agenda, and policy environment. The tool can be used to assess an organization's current level of progress in establishing an innovation culture based on these factors. The document aims to help higher ed leaders navigate challenges to innovation, such as a lack of evidence for new approaches and resistance to change, in order to reinvent higher education.
The document discusses impediments and approaches to linkages between the management faculty of Jaffna University in Sri Lanka and small and medium enterprises (SMEs) in the Northern province. It identifies 10 impediments through interviews and focus groups, including a reluctance for social contribution, a lack of motivation for social participation, and a curriculum that does not encourage field visits. It also identifies 8 approaches to improving linkages, such as altering pedagogical methods to be more student-centered and industry-based, incorporating field visits for co-creation of knowledge, and motivating faculty-level centers for industry linkage. The purpose is to better connect the university's knowledge production with SME needs and opportunities.
The Effect of Constructivistic Learning Models on Entrepreneurial OrientationIJAEMSJORNAL
This research activity was carried out to analyze the influence of constructivist learning models on entrepreneurial orientation. The research population is all Vocational High School students in Malang with proportional random sampling sampling technique and a total sample of 100 students. Primary data was analyzed by structural equation model with Partial Least Square (PLS) data processing program. Based on the results of data analysis revealed that the constructivistic learning model influences the entrepreneurial orientation. It means, the constructivistic learning model really becomes an approach in building mental entrepreneurship.
This document outlines the objectives of a course on education in Pakistan. It discusses several topics:
1. Human resource development and its impact on Pakistan's economic development. HRD aims to improve employee skills through training to increase organizational effectiveness.
2. The relationship between education and HRD. While education provides skills for youth, HRD focuses on corporate training. Strategically combining these systems could reform education and restructure HRD.
3. Technological developments' impact on education. Technologies like digital simulations, improved communication tools, and online collaboration have enhanced learning by making it more engaging, personalized, and self-paced.
Teach For India (TFI) is a national program that recruits top college graduates to teach for two years in underprivileged Indian schools. It aims to narrow the achievement gap between wealthy and poor students. Based on successful Teach For America and Teach First models, TFI places fellows through a rigorous selection and training process. It measures the impact of fellows on student achievement and the long-term leadership of alumni in education reform. TFI seeks partnerships with organizations to help with recruitment, placement of fellows in schools, and financial support to achieve its mission of educational opportunity for all Indian students.
Manuel Escudero: The Role of Business Education in Society, 2010GNCC_CSR
The document discusses the need for a new rethinking of business education given huge global transformations over the past 20 years. It outlines five key points: 1) the last major revision of business education in the US was in 1959, 2) rethinking must be a global and inclusive process, 3) business education must be guided by business demands for context, connectivity and complexity, 4) winning schools will ignite innovation in sustainability, technology and organizational change through visionary leadership, and 5) the sector must change institutional standards and incentives to promote more relevant research. It concludes that PRME is well-positioned to lead this rethinking globally in an inclusive way working with accreditation bodies and rankings.
A proposed approach for teaching entrepreneurship education in kenyaAlexander Decker
This document proposes an approach for teaching entrepreneurship education across all levels of Kenya's education system, from pre-school to university. It recommends revising policies to include entrepreneurship education earlier and emphasizes experiential learning methods. Successful models from other countries that incorporate experiential learning like company programs are discussed. The proposed approach focuses on fostering entrepreneurial skills, mindsets and behaviors at each level through age-appropriate activities, with indicators to measure success like innovative ideas, business initiatives and career choices in entrepreneurship.
The document discusses entrepreneurial competency training in education curriculums. It argues that teaching entrepreneurship skills is important as it helps students develop problem-solving, creativity, collaboration skills and grit to succeed in uncertain economic conditions. It outlines reasons for including entrepreneurship like enabling students to carve their own path and make a difference. It emphasizes cultivating an entrepreneurial culture through aligning values, strong leadership and incremental implementation involving stakeholders. The document also discusses rethinking education models to promote individuality and creativity through heterogeneous blended learning approaches like Diana Laurillard’s Conversational Framework.
This document discusses increasing youth employability in India. It identifies gaps between education and practical skills, poor teaching quality, and economic barriers to education. It proposes solutions like aptitude testing, workshops on trends, practical learning, entrepreneurship training, and public-private partnerships to upgrade schools. Key implementation strategies include increasing education spending, more scholarships, job training institutes, and improving teacher quality to build employable skills and close the gap between education and employment. Challenges include funding requirements, though investing in education is seen as long-term investment in the economy and growth.
The Factors Affecting the Development of Entrepreneurship School in Education...inventionjournals
This study aimed to identify factors involved in developing Entrepreneur school and understanding the Executive requirements of these schools in Educational system of Iran (Case Study of MAZANDARAN province). Relying on the theory of organizational entrepreneurship and data based theory (Grounded Theory) the factors effective in creating a school for entrepreneurs were identified. The population of the study in Interview section was 20 experts in the Field of educational sciences from the University of Educators, entrepreneurship teachers and school administrators and for qualitative validation were 20 faculty members of University of Educators and school administrators. The research tools were open interview and content analysis techniques .The research findings indicate that the two groups factors of inside and outside organization and 3 dimensions of personal, organizational and environmental abilities and 16 components of Features (psychological , attitude, motivational), management style, organizational ,Mental and interpersonal skills, new methods of reward, management support, Delegate, deadline, curricula system , strategic orientation, entrepreneurial culture, entrepreneurship education, space and equipments, government policies, socio-economic and cultural conditions, financial and non-financial support are effective in building this kind of entrepreneur school. Also the results of qualitative validation or questionnaire distribution in the first step have resulted to the Removal of the concepts of parental education; parental social status and evaluation system due to an average of less than 4.In the implementation of the second round questionnaire, Kendal correlation coefficient was calculated and Kendall's w = 0.705 was obtained, suggesting a strong consensus among panel members in the research.
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Final: Rethinking vocational education in the state of massachusetts
1. Rethinking Vocational Education in the State of Massachusetts:
An Entrepreneurship Imperative for the 21st Century.
A project submission for the Stanford University course: Re-designing the Learning Environment
Team Members
Antoni Baszczeski (Poland)
Sunil Batil (India)
Teri Bellamy (Washington, United States)
Anthony Gribben (Italy)
John Oldham (Massaschusetts, United States)
Shakil Ahmed (Bangladesh)
2. 2
Acknowledgements
In undertaking this small project, the team appreciates the cooperation, interest and imputs of
the following individuals and groups:
Pupils of (Old Colony Regional Vocational Technical High School in Rochester, MA USA) who
contributed to the pupil’s survey ensuring an end-user reference to subsequent ideas
developed through the project;
Young people from Washington (USA) and Poland who so readily made themselves available
to share their experience and ideas for improvement of education through the focus groups;
Teachers and education officials from Massaschusetts who acted as a sounding board for
initial ideas developed through the project;
Martin Glassett of Sim Venture (UK) for exchange on issues and options for educational
technology proposals to be included in the project;
Pamela Stanford of Stanford University’s Venture Labs initiative for guidance and support for
the various modules and to Azim Pradham for interest in the entrepreneurship education
project;
Abby Oldham for supporting the team with graphics and the finalisation of the the project
document.
3. 3
The Project Team
Team Leader
Anthony Gribben: ‘what’s wrong with our education systems?’
Italy
Tony Gribben has been a policy analyst on education and entrepreneurship for over 10 years
with most of his work undertaken in transition and emerging economies. He has also taught
child development and entrepreneurship to undergraduates in Belgium, Italy and Syria. He
considers himself neither a policy specialist nor a teacher but as an advocate for change, asking
difficult questions of different parts of society why more cannot be done to make learning more
meaningful and relevant to the our fast-changing world.
Team Members
Antoni Baszczeski: knowledge and values critical to an educational revolution.
Poland
Antoni Baszczeski has over 30 years of management experience in education, horticulture, trade
and industrial production; and the last 16 years working for FMCG organization – management
and financial accounting, planning, financial control, audit, organization change, procurement,
integration, restructuring in Poland and abroad. His educational background is engineering
(horticulture), business management, economics and finance. He earned an MSc in Horticulture
(EMBA University of Illinois) and an MSc in Management and ACCA (UK). He is an entrepreneur
and lifelong learner, looking for inspiration to give something back to society where he considers
his knowledge, experience and values critical to an educational revolution.
Sunil Batil: an education entrepreneur
India
Sunil Batil has over 20 years of experience in education, research, marketing and product
management. He is currently working on a startup: a platform that allows users to engage and
interact with the best online courses to fulfill their learning objective. An online
recommendation engine would guide learners on where to go based on what they wanted to
learn, how quickly, for what purpose, for how much money, etc. Ratings and recommendations
will be provided by past students. The platform allows course providers the broadest possible
exposure for their offer.
4. 4
c) Teri Bellamy: a concerned parent and…..
Washington, USA
Teri Bellamy is an experienced finance executive with a broad foundation in small for profit and
not for profit organizations. Her current role as a consulting CFO consists of advising clients on
strategy related to growth, cash management and overall financial infrastructure. Teri has a
strong background in federal and state income tax, accounting, and financial management. Her
finance and accounting training originate in Big Four and large local firm experience. Teri holds
an adjunct faculty position at Bainbridge Graduate Institute, teaching accounting and finance to
change agents. Teri is a CPA and holds a bachelor’s degree from Linfield College.
John Oldham: a change agent in education.
Massachusetts, USA
John Oldham is a teacher of entrepreneurship at a vocational school in Massachusetts (USA). His
particular interest is in bringing reform and innovation into the learning environment and to
engage fellow teachers both in Massachusetts and beyond into a more coordinated
improvement drive for entrepreneurship promotion in high school education. Commenting on
the Venture Labs course, John said, ‘I wanted to be part of the team that brings a fresh new
approach and new ideas that reflect the changes taking place in the global economy. In short, I
want to help young people meet the challenges that previous generations have not faced.
Shakil Ahmed: promoting critical thinking.
Bangladesh
Shakil teaches critical thinking to undergraduate students and is working as a researcher at the
Institute of Educational Development, BRAC University, Bangladesh where he is primarily
involved in designing a secondary school from scratch with an emphasis on the quality of
education. His experience also includes leading an expedition of entrepreneurial students to the
Middle East, working as a scientific journalist and being part of a team that organized the first
student conference on the clean energy industry in Singapore.
5. 5
Table of contents
Executive summary
1. Introduction………………………………………………………………………...........7
2. Aims and objectives…………………………………………………………………....8
3. What is entrepreneurship education?............................................8
4. Socio-economic context………………………………………………………………8
5. Determining relevance: focus on young people’s interests………... 9
6. The vocational education eco-system in Massachusetts…………….11
7. Rethinking entrepreneurship in vocational education………………..13
8. Young people’s access to finance: road blocks and solutions …….19
9. Leveraging impact for other education environments………………..20
10. Conclusions and next steps…………………………………………………………21
Annexes
Reading and Bibliography
6. 6
Executive Summary
Debt, deficits, and declining employment have been dominating the economic headlines since
2008. The impact on young people has been particularly stark with an increasing focus on the
role of education and training in the wider bid for growth and jobs. This project focuses
particularly on vocational education in Massachusetts (USA) where youth unemployment stands
at 20 percent. The objective of the project is to raise awareness and understanding, and
ultimately to contribute to dialogue and debate amongst the range of stakeholders in
Massachusetts, of the challenges and opportunities for an improved vocational education drive
and where entrepreneurship is an embedded feature of the curriculum.1
Firstly, the paper proposes a number of improvements to the vocational education eco-system.
These are considered a pre-condition to a more developed and sustainable solution to improving
the labour market prospects of vocational school leavers. In particular, the paper advocates
more developed cooperation and direct engagement of the business community into the
teaching and learning drive. More structured cooperation is proposed between vocational
schools and a) the small business support environment and b) the wider careers and
employment support environment to maximise entrepreneurship promotion both within the
school setting as well as follow-up potential for school leavers intent on self-employment or
business start-up. A case is also made for an awareness raising and engagement initiative for
parents as an essential stakeholder group in the vocational education eco-system. Further, the
paper recommends that the Massachusetts vocational education stakeholders (Department of
Education, vocational schools and local businesses) immediately engage with an evolving
educational technology community in Massachusetts to determine options and opportunities for
more systemic promotion of learning technologies in vocational education.
Secondly, a number of improvements to the existing Massachusetts vocational curriculum are
proposed with specific reference to promoting a more entrepreneurial mindset amongst young
people. The proposals include requirements for a more open teaching and learning paradigm
where the pupils’ learning outcomes are the driver for more innovative pedagogy; and where
affordable learning technologies are key to more enhanced learning environment.
More specifically, three clearly defined entrepreneurship pillars are proposed: a) business
knowledge: local (including regulatory environment), national, global economy, social and
environmental responsibility) and business-community relations; b) business skills: business
start-up, core skills (e.g. finance) and business operations; and) c) entrepreneurship key
competences: people skills, self-management and development skills and mindset development.
While the paper concentrates primarily on the vocational education system in Massachusetts,
issues and implications for other learning environments in developed and transition economies
are also considered.
The paper concludes with a number of concrete, next-step recommendations to bring forward
the proposals outlined in the paper.
1 While the project involved some empirical data collection, the project team is keen to emphasize that this final submission for the
Venture Labs course does not constitute a scientific paper. Rather, the project should be considered as the starting point for discussion
and exchange between a range of stakeholders concerned with developing systemic solutions for more effective design and delivery of
vocational education in Massachusetts and where proposals for a revised teaching and learning paradigm involving technology
applications make for a richer, more engaging environment for vocational students.
7. 7
1. Introduction
Set against a global economic turn down, young people face increasing uncertainty as they move
from formal schooling to the labour market. The spectre of youth unemployment and the socio-
economic ramifications for young people, their communities, and local and national economies
is generating a scramble for solutions. While policy makers and business turn to education in
their quest for solutions, the potential for more strategic promotion of entrepreneurship
education stands apart as critical opportunity. Unlike other areas of public policy where progress
is frustrated by political ideology, the entrepreneurship education presents a political
opportunity in that it uniquely satisfies both a social agenda (employment and inclusion - driven
by necessity entrepreneurship) and a market agenda (competitiveness – driven by opportunity
entrepreneurship).
A review of literature covering entrepreneurship education underlines how emphasis is
particularly focused on third-level education (Pittaway & Cope, 2007; Mwasalwiba, 2010).
Nonetheless, a strategic review of entrepreneurship education by the World Economic Forum
and recommendations to apply globally go wider and include early education but fail, to address
vocational education (WEF, 2009). Aware of this policy blind spot, this project specifically
addresses the vocational education system in Massachusetts in the United States while allowing
for learning value for other education environments in the USA, and beyond.
The project sets out to determine how existing efforts to promote entrepreneurship for 16-19
year old vocational students can be enhanced. It takes as its starting point the entrepreneurship
eco-system, in particular how vocational education interfaces with the wider range of actors
engaged in the economic, employment and enterprise development drive in Massachusetts. The
critical issue is that all partners in the eco-system work in partnership to maximise the
entrepreneurship potential of Massachusetts’s people and economy. This includes exploring
how the banking sector could a) directly cooperate with vocational schools in terms of building
knowledge and capacity of young people in financial and loan management, and b) to develop
financing instruments and arrangements specifically suited to the circumstances of budding
entrepreneurs.
Secondly, the project reviews ‘Strand 5’ - the existing entrepreneurship curriculum - and
proposes a number of concrete ways the curriculum could be enhanced to meet the demands of
a changing economy. In particular, and by way of example, the project concentrates on one pillar
of the entrepreneurship education drive (start-ups) and proposes ways and means to improve
student engagement and ownership of the learning process as a pre-condition for overall
effectiveness of public investment in vocational education. With increasing availability of generic
information and communication technologies, and the opportunity that these technologies can
bring to the teaching and learning process, the project team makes a number of concrete
recommendations for low-cost (and potentially) high-impact technology applications for
vocational education.
An important argument in the paper is that entrepreneurship promotion should go beyond the
traditional understanding of entrepreneurship as a business-specific phenomenon to include
entrepreneurship as a ‘key competence’. The key competence comprises a collection of
interpersonal, cognitive and attitudinal traits which develop the potential of the individual’s
entrepreneurial contribution to the economy as an employee (intrapreneur) as well as building
the entrepreneurship mindset requirements for those starting and growing a business. The
8. 8
entrepreneurship key competence calls for a rethink of the learning environment and in
particular of the teaching and learning process.
The paper closes with next steps to bring forward the proposals for eco-system building and the
road-testing of the curriculum reform recommendations, including the use of learning
technologies, as a driver of innovation in entrepreneurship education.
2. Aim and Objectives
Faced with rising concerns about youth unemployment, the aim of this project is to formulate a
systemic response by the vocational education community in Massachusetts as a pre-condition
for sustainable employment of its young people and a more developed entrepreneurial economy.
More specifically, and by way of example for other education systems, the objectives are:
a) to advocate entrepreneurship promotion in vocational education in the State of
Massachusetts with particular reference to the education eco-system; and
b) to recommend how technology applications could enhance the teaching and learning
process, as a pre-condition for employability of young people in Massachusetts and a
more developed entrepreneurial economy.
3. What is Entrepreneurship Education?
Interestingly, despite increasing interest by policy makers, practitioners and academia, no hard-
and-fast definition of entrepreneurship education exists. Commentators point to a plethora of
terminology and divergent definitions (Garavan & O’Cinnede, 1994) underlining the comparative
newness and evolving nature of entrepreneurship education. For the purposes of this project,
the following definition of entrepreneurship captures a number of critical factors which allow for
a better understanding of how and why the education system has an important contribution to
make to a community’s entrepreneurship drive:
Entrepreneurship refers to an individual’s ability to turn ideas into action. It covers creativity,
innovation and risk taking, and the ability to plan and manage projects in order to achieve
objectives. This supports everyone in day-to-day life at home and in society, makes employees
more aware of the context of their work and better able to seize opportunities, and provides a
foundation for entrepreneurs setting up social or commercial activities.
(European Commission, 2009).
4. Socio-Economic Context
This section briefly reviews the socio-economic context to the project.
Firstly, a review of US and EU unemployment data (both areas addressed in the project)
underlines a growing convergence in terms of joblessness with young people under 25 years
particularly hard hit (20% in the EU and 19% in the US). The data also demonstrate that at 10%,
the share of youth joblessness in the US as a function of total unemployment, eclipses EU figures
of 9% (Kiiver & Hijman, 2010). Most recent unemployment data for US teenagers are more grim
with 23.5% out of work (US Bureau of Labor Statistics, 2012). Massachusetts-specific data point
to some 14% of under 25 year-olds out of work (Massachusetts Budget & Policy Center, 2012).
9. 9
Secondly, the issue is not only one of economic crisis. The global economy is playing its hand in
the employment concerns with estimates that up to 29% of all US jobs within the next decade
being potentially ‘offshoreable’ (Blinder, 2007). Local solutions therefore need to be found to fill
an employment gap consequent to production and services shifting overseas.
Finally, technology advances are rapidly replacing labour once performed manually and opens a
third pillar of threat to employment for upcoming generations (Brynjolfsson & McAfee, 2012).
All three issues prompt strategic reflection as to how young people are prepared for a changing
employment scenario. More developed entrepreneurship promotion through education is one
part of the solution.
5. Determining Relevance: Focusing on Young People’s Interests
To ensure relevance of the project to young people in particular, the project team undertook
two consultation initiatives to determine interest and concerns of youth in more strategic
developments in entrepreneurship education.
Firstly, in Massachusetts, a school-based electronic survey (www.polleverywhere.com) was
administered targeting 16-19 years olds (See Annex 1). A total of 40 young people responded to
a number of questions elaborated by the project team and customised to the local environment
by a teacher who was part of the project team. The survey was administered by the teacher.
Pupils received and responded to the survey on their mobile telephones. Results were
immediately available and visible to both the teacher and students. The survey generated high
interest from students underlining the value of consultation and the survey method with the
young people on the entrepreneurship theme.
The key findings of the survey were as follows:
a) the majority of the student’s surveyed felt that they would benefit from more education
related to starting their own business (see Figure 1) and, in particular, from additional
teaching of entrepreneurship as part of the vocational curriculum.
Figure 1.
Student interest in entrepreneurship education.
10. 10
A further concern for students’ was access to finance: they felt that the major impediment
keeping them from starting a business was the issue of acquiring the necessary funds to begin
their venture.
Figure 2.
Barriers to business start-up
b) while nearly 7 out of 10 young people worried about finding a job upon graduation, one-third
felt confident about finding work on completion of their vocational studies (see Figure 3). This
data approximates the actual employment statistics in Massachusetts where over 23% of
young people are out of work (US Bureau of Labor Statistics, 2012). Interestingly, in terms of
future job security, some 72% of respondents considered owning ones own business as the
key determinant of sustainable employment.
Figure 3.
Concerns about employment after finishing school
Secondly, two young people’s focus groups were established (one in Poland and one in
Washington, USA) to determine young people’s understanding of entrepreneurship, the
challenges to youth entrepreneurship and the role and contribution of education in promoting a
more entrepreneurial society. Each focus group was administered by a member of the project
team and comprised 8 young people (average age 19 years and 6 months). Questions used to
gather information are listed at Annex 2 along with a summary of the overall results.
12. 12
The findings underline how young people’s understanding of entrepreneurship across both
constituencies were similar and involving a mix market interest (money-making), and
psychological and behavioural traits (e.g. resilience, creativity, risk-taking). Barriers to
entrepreneurship highlighted by young people again were similar across both groups. These are
categorized as internal barriers (e.g. self efficacy, fear of failure, lack of practical experience and
skills e.g. finance management) and external barriers (e.g. poor access to finance, weak
contribution of formal education and negative societal attitudes to youth entrepreneurship).
Overall, the results from the Massachusetts survey and the Washington and Poland focus groups
underline the interest of young people in a more developed entrepreneurship promotion drive
in education.
6. The Vocational Education Eco-System in Massachusetts
An effective vocational education system, ‘fit for purpose’ in an economy which is constantly
changing as result of technology advances, more open global markets or responding to crisis,
requires a more developed cooperation framework between all partners co-working
developments against a set of common objectives: growth and jobs. Building a comprehensive,
cooperation framework for its vocational education system (and broader learning environment)
will be important for Massachusetts as it grapples with the challenges of a dragging economy
and unemployment.
A mapping of existing and potential partners for vocational education with a view to a more
strategic promotion of entrepreneurship is available in Diagram 1. The range of institutions and
interest bodies underlines the complex environment for a 21st century vocational school but
where cooperation and exchange provide opportunities not only for the vocational school
community to deliver on its mandate, but to additionally allow for leveraging innovation into the
schooling system through networking, expertise sharing and good practice exchange which an
well developed eco-system can offer.
This project has only been able to draw up a mapping of key stakeholders many of which have
no functional relationship at this point with vocational schools. A proposal is to build a
networked eco-system, possibly supported by a web-based platform with two functions. Firstly,
to ensure that all partners are engaged and updated on all developments in vocational
education, including a common area for co-working innovative projects. Secondly, to provide an
outlet where vocational schools can post requests for support (e.g. call for mentors for specific
projects) but additionally where the schools can highlight good practice and share expertise and
know-how both within Massachusetts, and beyond.
Next, the project team considers an evolving and visible community of education technology
companies in Massachusetts as an opportunity for next-step developments in entrepreneurship
education. By directly engaging with the companies individually or collectively as an association2,
vocational schools can ensure that their curriculum and learning development needs for
entrepreneurship education are known and understood by the education technology community.
This in turn may allow for technology ideas and solutions to be put forward for integration into
the school environment.
2 See more information on the Boston education technology incubator.
https://www.edsurge.com/n/2012-12-11-learnlaunch-east-coast-education-technology-incubator
13. 13
Diagram 1
A proposal for a 21st Century
Massachuse s Entrepreneurship
Educa on Eco-System MAVA
University of
Massachuse s Workforce
Crea ng a win-win
Center for Investment
scenario: engaging
Business Board
with a growing Research
community of
educa on
technology experts
and businesses
Start-up Local Chamber
Massachuse s of Commerce
VT
Schools
Small Business Massachuse s
Administra on Development
From STEM to STEEM:
Engaging with the
Massachuse s Massachuse s New Bedford
Governor’s STEM Small Business Economic
Development Development
Advisory Council
Center Council
Finally, an effective vocational education eco-system requires commitment by all key
stakeholders (public and private) and importantly a clearly defined leader institution. In this
regard, the Massachusetts Association of Vocational Administrators (MAVA) could be considered
as a potential organisation to bring forward more strategic cooperation for entrepreneurship
promotion in vocational education. Structured linkages with stakeholders responsible for wider
education issues (STEM developments), employment and business support services, the
education technology community and the business world will be critical. Ensuring a better
interface between schools and the banking sector, specifically to look at options for improving
young people’s access to start-up finance, could also be considered set against the findings from
the survey and focus groups referred to above. The issue of access to finance is returned to at
Section 8.
14. 14
7. Rethinking Entrepreneurship in Vocational Education
Entrepreneurship promotion in vocational schooling in Massachusetts is presently governed by
‘Standardized Strand 5’ of the Vocational Technical Education Framework, entitled ‘Management
and Entrepreneurship’ (see Annex 3.) The curriculum framework has been in force since August
2007. ‘Strand 5’ provides a good basis for entrepreneurship promotion addressing primarily
knowledge and skills in business administration as well as the regulatory framework for
businesses (e.g. federal and state requirements on workers’ rights). Other important features of
the existing curriculum include issues such as business-community relations and business ethics.
A number of improvements to ‘Strand 5’ are proposed here in the bid to maximise the
employment potential of Massachusetts’ vocational students and their contribution to a more
entrepreneurial economy.
Entrepreneurship as a key competence
Missing in the present curriculum framework is the notion of entrepreneurship as a key
competence – the contribution of education to developing the entrepreneurship mindset which
comprises the inter-personal and self-development skills that businesses and the wider economy
require to ensure improved performance in an increasingly competitive business environment.
While the team recognises that the concept of the entrepreneurship key competence is new,
and still very much undeveloped, the issue for Massachusetts is a) whether it waits for tried-and-
tested good practice to be made available and against which curriculum, teaching and
assessment arrangements could be borrowed; or b) that it seizes the opportunity to develop the
entrepreneurship key competence areas itself; and ultimately provide leadership and guidance
on this area of entrepreneurship education for other states both within the USA, and beyond.
Assuming that the education authorities in Massachusetts, acting alone or in partnership with
other stakeholders, decide to bring forward more strategic developments in entrepreneurship
education, the team has pre-identified a number of areas considered important for inclusion
within an entrepreneurship key competence framework (see below). The reform and
development effort would work towards creative solutions where Massachusetts schools
promote the cognitive, behavioural and social traits associated with entrepreneur. This would
involve specialised teams (curriculum specialists, teachers and other pedagogic experts,
education technology specialists as well as direct engagement and contribution of small and
medium-sized businesses) working on curriculum, teaching and learning processes as well as
assessment arrangements.
The recommendation here is that the Massachusetts Department of Education, with the support
of the Massachusetts Association for Vocational Education Administrators, create a partnership
with the business community, teachers and young entrepreneurs associations (and possibly the
education technology community) and agree to establish an action plan for the strategic piloting
of entrepreneurship as a key competence. The piloting would involve a sub-set of Massachusetts
vocational schools. Given that the entrepreneurship key competence is not vocational-specific,
pilot efforts could also engage general secondary schools. Supported by a dedicated
entrepreneurship education task force for vocational education, the objective of a strategic pilot
should be as follows:
15. 15
Factors making up the entrepreneurship key competence
Learning Outcome Teaching and Learning Assessment Learning technology
Processes arrangements
Ability to assess and Case studies Self-assessment, teacher Business game (e.g.
manage risk Business simulation games assessment, peer Simventure)
assessment
Ability to work in a team Case studies, individual portfolio, Teacher assessment, peer Virtual project management
business simulation assessment, assessment by environment (e.g. Asana)
community/business partner
of school
Demonstrates leadership Case studies, group work, guest Peer assessment, self Young entrepreneurs leaders
skills speakers assessment, teacher sharing their enterprise story
Role modelling, role play assessment (local young entrepreneurs
stories available on U tube )
Table 1.
Examples of learning outcomes which could support the entrepreneurship key competence
to develop and agree on a set of learning outcomes for the entrepreneurship key
competence;
for each learning outcome, clearly articulate a set of guidelines, with examples of good
practice developed through the piloting drive, to ensure that the teaching and learning
processes effectively deliver on the pre-defined learning outcomes;
for each of the learning outcomes articulate formal assessment modalities. If the key
competence developments are to be integrated eventually into the Massachusetts curriculum
they will need to be subject to formal assessment. Only when formal assessment in the
learning environment is required by the school or examining authority will scale in key
competence promotion be assured;
draw on existing education technologies to support the teaching, learning and assessment
processes.
While the teaching, learning and assessment processes to evolve from the pilot project could be
enhanced through technology applications, the administration, execution and management of
the pilot project could additionally engage technologies to support the system-building process.
Consideration could be given, inter alia, to:
a virtual project management environment (e.g. Asana) to ensure efficiency in planning and
delivery schedules for range of measures (e.g. teacher training) foreseen within the pilot
operation;
facebook or similar networking applications to maximise the value of exchange between
school leaders, teachers, curriculum specialists, students and the education administration in
the execution of the project;
technology-supported monitoring and evaluation of participant stakeholders in the pilot (e.g.
Pollweverywhere, Surveymonkey) to ensure changing interests and needs are addressed;
borrowing on SMILE (Stanford Mobile Inquiry based Learning) allow for student-specific
technology applications to generate critical reflection and direct inputs to an evolving
curriculum; and in so doing, empower students for a 21st century learning environment where
ownership of an student-centred curriculum maximises commitment to learning.
16. 16
Finally, how the learning outcomes for entrepreneurship education at vocational level
interface with those from earlier and later levels of the education system should be considered
with an objective of establishing a lifelong entrepreneurial learning framework for
Massachusetts. The objective should be to create a sequence of entrepreneurship promotion up
though the education system as a pre-condition for an entrepreneurial society.
Again, there are no existing lifelong entrepreneurial learning models to borrow on. However,
assuming a Massachusetts partnership arrangement were to take this proposal on board,
separate task forces could be established for elementary, middle and high school, community
college and university education. Their task should be to broadly follow the same piloting
arrangements as advocated for vocational education but where the overall result would be:
a) a Massachusetts taxonomy for entrepreneurship education following Bloom’s (1956)
incremental learning stages;
b) an approved, Massachusetts lifelong entrepreneurship education curriculum and
assessment framework; and
c) a ‘joined-up’ entrepreneurship education framework (all schools, colleges and
universities3) starting in early education and progressively promoted in subsequent
education levels.
Business knowledge
The ‘Strand 5’ curriculum and learning environment could be upgraded to ensure young people’s
awareness and understanding of business in its socio-economic context at municipal, state and
national levels. This should also include preparing young people to appreciate how local
businesses are impacted by globalisation and the challenges and opportunities this brings
particularly to more ambitious small businesses operating in a global trading system.
Further development lines for the ‘Strand 5’ curriculum could additionally address business-
community relations, social responsibility and environmental accountability reflecting current
concerns for more transparency, ethics and accountability of businesses.
Learning outcomes, and teaching and learning processes to ensure that the learning outcomes
are achieved, will need to be defined for the business knowledge pillar of the revised curriculum.
This should include options for including technology applications and where specific
considerations could be given to student-centred, student-directed learning in line with the
proposals outlined for the entrepreneurship key competence.
Business skills
‘Strand 5’ curriculum should continue to build young people’s capacity to eventually move
towards self-employment or business start-up. A critical issue here in how the business
environment interfaces with the school environment to ensure more effective learning
outcomes for young people as they join the labour market and for businesses seeking skilled
workers. An international study on workforce preparation finds that in most countries education
and businesses work in parallel universes (Mourshad, Farell & Barton, 2012). The worlds of
business and education must partner up to ensure mutual interests are met. The starting point
for business is to co-work and validate a set of learning outcomes which the schools and young
people need to deliver on.
3 Given the autonomy of third-level education institutions, a separate dialogue, consultation and development framework may need
to be considered.
18. 18
The proposal here is to reinforce those learning outcomes already identified in ‘Strand 5’ but to
give specific consideration to:
a) how the teaching processes could be improved and where the role of the teacher evolves
towards one of mentor and coach as young people take more responsibility for the
learning process;
b) mainstream readily available, low-cost technologies into the teaching, learning and
assessment processes associated with the course
c) maximise the potential of the wider entrepreneurship eco-system by ensuring that this
feature of the curriculum is co-worked with the local business environment.
By way of example, Table 2 provides examples of how more specific learning outcomes for the
business skills pillar of the entrepreneurship curriculum and learning support environment could
be reinforced. Note that this listing is not exhaustive and the examples would need to be
adapted to the specific circumstances and resources of the vocational school network.
Ensuring entrepreneurship education interfaces with wider vocational curriculum
The proposals put forward for more strategic development of entrepreneurship education in this
paper should be considered as an integral part of the overall vocational education curriculum
which include development of occupational or trade skills for the range of professions covered
by the 80 vocational schools in Massachusetts. More specifically, while the entrepreneurship key
competence pillar has a dedicated pillar in the curriculum framework (see Diagram 2), as a key
competence, it will need to be promoted transversally across the curriculum – all students, all
classes and all teachers involved.
Secondly, with increasing policy interest in developing young people’s interest in science and
technology in Massachusetts through more concerted STEM (science, technology, engineering
and mathematics) developments,4 the proposal here is to include entrepreneurship as a fifth
priority area for Massachusetts education. Integrating entrepreneurship with STEM will provide
a more comprehensive basis to generate innovation and market potential through education.
4 More information on the Massachusetts Governor’s STEM Advisory Council:
www.stemconnector.org/state-by-state/massachusetts
19. 19
Business Skills
Core Learning Teaching and Assessment Learning
Areas Outcomes Learning Processes Arrangements Technologies
Starting a new business a) Lectures, tutorial a) Self-assessment, b) a) Social media:
Ability to research, draft, b) Self-directed exploratory teacher assessment Facebook networking of
revise and complete a research c) peer assessment vocational schools
business plan c) Multi-school environment (multi-school b) Business game (e.g.
Ability to effectively explain and feedback loop; environment) Simventure)5
key business concepts (e.g. d) Site visits to small d) Assessment by school c) Business speakers
profit, loss, production, business support services business partner mentor ‘skyped’ into school-
Start-up
quality assurance etc.) e) Invited speakers from network based learning
Understanding of role of entrepreneurship eco- environments
range of start-up support system d) web-based research
services operating in facilities (e.g. google)
entrepreneurship eco-system
Ability to determine most
effective solution for start-up
finance
Sales & Marketing a) Teacher assessment, a) Virtual project
Understanding core concepts a) Lectures, tutorials, b) Fellow-pupii peer management
of marketing and sales roundtables assessment, environment for grup
Appreciation for local nature b) case studies of successful c) Assessment by and multi-school
of marketing and appropriate marketing plans (including business partner of projects (e.g. Asana)
measures to operate use of social media) school b) Facebook networking
effectively in local economy. c) Self-directed market d) Assessment by on group/multi school
research internship supervisor projects
Essential Business Skills
Ability to develop a marketing
communications plan d) individual portfolios b) Business game (e.g.
Ability to construct written e) Group projects: multi- Simventurc)
sales school environment; c) Business speakers
Ability to collect, process, and f) Site visits to small ‘skyped’ into school-
analyze market/consumer business support services based learning
data to make informed g) Invited speakers from environments
marketing decisions entrepreneurship eco- d) Skype follow support
Ability to analyze marketing system for interns by business
problems and provide h) business simulation supervisor on
solutions based on a critical i) Internship completion of
examination of marketing internship
information. e) web-based research
Ability to apply knowledge facilities (e.g. google)
and skills within real-world
experiences in an internship.
Demonstrates leadership skills a) Case studies, a) Peer assessment, a) Young entrepreneurs
b) Team projects, b) Self assessment, leaders sharing their
Business Operations
Ability to draw up and
maintain a business inventory c) Guest speakers c) Teacher assessment enterprise story (local
Ability plan, schedule and c) Simulation and role play c) Assessment by young entrepreneurs
revise business world stories available on U
tube )
b) use of office
technologies for
business administration
(e.g. spreadsheet)
Table 2.
Business skills: examples of learning outcomes and teaching, learning and assessment proposals,
including technology applications
5 http://www.simventure.co.uk/
20. 20
8. Young People’s Access to Finance: Road Blocks and Solutions
A recurrent theme through this paper is the need for all those with an interest in education,
employment, enterprise and entrepreneurship to sign up to more structured cooperation and
partnership arrangements (the eco-system). A particular gap in the existing institutional support
framework for education and youth entrepreneurship is how the banking associations and other
actors providing finance to young entrepreneurs formally connect into the education system.
The findings of the school-based survey in Massachusetts, as well as the outcomes of the focus
groups in Washington and Poland referred to earlier, clearly point to the concerns of young
people on access to finance which is a significant roadblock to developing youth
entrepreneurship. The assumption is that such barriers already create the ‘can’t do’ mindset.
First and foremost, legislation works against young people entering into contracts with minors.
Young entrepreneurs under the age of 18 will need to have parental guarantees on loans with
banks and other institutions. Although this roadblock exists, there is still support for young
entrepreneurs. The United States Government’s Small Business Administration website has an
entire section dedicated to teen entrepreneurs. It provides resources for necessary
documentation to start a business and financing approaches. What is missing is hard data to
demonstrate the availability of public and private financing support for young people’s start-ups
set against demand. More specifically, the question is should individual schools providing
entrepreneurship education be more engaged with the banking and other financing
intermediaries to ensure that worthy business plans and young people’s motivation to move
forward with an entrepreneurship career are effectively followed up on completion of their
formal education system?
Lessons could be learnt from one bank’s efforts to connect in with the education system. In
Germany, a public bank (L-Bank) in the region of Baden Würrtenburg provides micro-finance to
school-going entrepreneurs.6 What is innovative here is how the school, the bank and the young
person work together on a financing agreement, which forms an integral part of the
entrepreneurship learning process.
Other barriers to funding include the lack of experience youth have with money management
and business experience. Strong active mentorship in this area to young people directly within
the curriculum (on-site and/or remote access by way of Skype, for example) as well as systemic
support to the education system by way of an active advisory board and fiduciary board will give
credibility here. The critical issue is that banking and other financial operators for micro and
start-up finance should be integrated into the curriculum and learning process.
The private sector is becoming more creative with financing instruments. For example, revenue
based financing is a combination loan/equity instrument with a buy back clause based on a
percentage of top line revenue. The investor receives a small amount of equity, which are
redeemed by the company at 2-3x the original investment. The pay back amount is calculated as
a percentage of top-line revenue. The term of the lending instrument (pay back calendar) is
usually quite long. Could such creative and responsible approaches to banking services be
further customized to accommodate the young entrepreneur?
6 www.l-bank.de/lbank/inhalt/meta/presse/presseinformationen/detail.xml?ceid=100147&id=1621&dyn=true
21. 21
Additional funding options, such as crowd funding and friend and family loans, could also be
utilized by young entrepreneurs. The challenge is the extent to which the entrepreneurship
education framework should directly engage in promoting access to finance. Should schools
work with informal lenders (families and friends) to support a ‘loan learning’ process? With
many schools already delivering on an overloaded curriculum, one solution is that the banking
sector, as a key stakeholder in the wider entrepreneurship eco-system, takes responsibility for
bringing forward this area, in partnership with schools.
A first step in the case of Massachusetts would be to open a structured dialogue between the
education system and banking associations to look at access to finance options, including how
the banking sector directly contributes to areas of the curriculum (e.g. financial literacy, skills for
loan requests, negotiation and management etc.). Other key partner institutions (e.g. the state
representation of Small Business Administration, Startup Massachusetts, the Governor’s STEM
Advisory Council) in the entrepreneurship eco-system could facilitate the dialogue ensuring their
better integration into the entrepreneurship education eco-system.
9. Leveraging Impact for Other Education Environments
An advantage running through the project development phase was the opportunity to cross-
refer to other education environments both inside the United States and other countries
represented on the team. What was particularly clear in the exchanges was that in all countries
the entrepreneurship education agenda needs a radical rethink set against a number of
weaknesses common to all countries:
a weak education-economy cooperation culture;
education system still not responding sufficiently to economic crisis;
entrepreneurship promotion confined to a market model with limited curriculum;
poor public image of vocational education;
limited resources to ensure improvements to vocational curriculum.
While the project and recommendations focused specifically on Massachusetts, three issues
particularly stand out for consideration by other countries:
a) the need for eco-system building: financial support, training and technical assistance in
the eco-system developments would be important for countries where capacities of
public institutions is weak;
b) entrepreneurship key competence: given the relative newness of the concept of the
entrepreneurship key competence, less developed economies stood to gain by
cooperating with education environments in advanced economies which were already
working on the policy and institutional arrangements, including curriculum innovation
and teacher developments;
22. 22
c) drawing on available, low-cost technologies: a critical issue when considering options for
improving Massachusetts entrepreneurship education environment was to identify low-
cost and (potential) high-impact technologies which were already publicly available to
support a learning environment. The proposals for reinforcing ICT applications in the
Massachusetts vocational learning environment were specifically modest set against
broader concerns of public budgets. However, the team’s view is that modesty
(efficiency) and effectiveness can work well together. In this regard, with information and
communications’ technologies increasingly available in less developed economies, the
proposals elaborated for Massachusetts could equally be considered for developing and
transition economies.
Finally, on the assumption that a) this project paper will be brought to the attention of education
decision-makers in Massachusetts; b) that there is a positive policy response there involving the
wider stakeholder community, and c) support (financial and political) is made available to bring
forward strategy building on entrepreneurship education (all parts of the education system),
other countries keen to move forward with their own developments could be associated to the
Massachusetts developments. The international donor community (e.g. USAID) could facilitate
this process.
10. Conclusions and Next Steps
The leitmotif for this small project has been one single word: opportunity.
In coming together as a virtual team we were all convinced that entrepreneurship education
represented an opportunity for communities world wide, no matter their level of development,
to promote socio-economic development, stability and prosperity. With governments, the
business world and civic interest groups scrambling to find to solutions to economic malaise and
critical unemployment, particularly for young people, this project – the questions it asks, the
issues it raises and the recommendations it makes - should be seen as catalytic. Our intention
was to use the opportunity through the Venture Labs course to put a number of ideas together
that could prompt strategic reflection and dialogue on how education can play a more strategic
role in economic turn around and the rebuilding of sustainable and inclusive economies.
Through our ‘skype’ discussions and wider exchanges through the project management area, we
also saw political opportunity through the project. Unlike other areas of public policy where
progress is frustrated by political ideology, the entrepreneurship education presents a political
opportunity in that it uniquely satisfies both a social agenda (employment and inclusion) and a
market agenda (competitiveness and growth). The question is how important it is for different
parts of society (economic, political, civic) to take a bold and ambitious decision to move forward
with building learning systems where entrepreneurship education is an embedded feature of the
teaching and learning process?
While the thrust of the paper has centred particularly on Massachusetts, the issues raised and
recommendations put forward have equal relevance to other education environments:
partnership, commitment, piloting, reviewing and mainstreaming.
23. 23
We close this project with two recommendations, which assuming if followed, could be one
building block towards a more competitive and inclusive economy in Massachusetts and where
the economic and employment potential of its young people is a driver for education reform.
Both recommendations are geared towards improving the eco-system for entrepreneurship
education:
a) a cross-stakeholder group should consider this paper as a basis for opening strategic
dialogue on how entrepreneurship education could be more systematically promoted in
Massachusetts. This dialogue should be led by the education authorities;
b) until a strategic framework is in place for systematic promotion of entrepreneurship in
vocational education, the Massachusetts Association for Vocational Administrators
should consider options for improving ‘Strand 5’ curriculum and where the arguments
and ideas shared in this paper could be a starting point for discussion.
24. 24
Annex 1.
Questionnaire for Massachusetts Vocational Education Pupils
1. As part of my preparation (education), I wish that I had been able to take more courses
related to starting my own business.
2. Do you think teaching entrepreneurship should be part of the vocational curriculum?
3. What would prevent you from starting you own business?
4. I worry about not having a good job when I leave school.
5. Do you feel that your education has prepared to start your own business?
6. Do you think there is more job security owning your own business or working for someone
else?
Student Survey Results in Massachusetts
Summary:
This poll utilized mobile technology in the classroom in real-time in which students were
given a series of questions and responded through their mobile phones with their answers.
Results were immediately available and visible to both the instructor and students.
The results of this survey suggest that students have a strong interest in taking part in
coursework that would provide them with a more robust business background and a focus
on the knowledge, skills and key competencies that would provide further opportunities for
entrepreneurship. Results also suggest the high level of anxiety our youth have today as they
approach the job market. Recent figures in the State of Massachusetts suggest that 1 out of 7
young people aged 16-24 are unemployed.
27. 27
Annex 2.
Guideline Questions for the Focus Group and Synthesis of Issues
Raised
Focus Group Questions
Objective
The objective of the focus group is to determine young people’s understanding of
entrepreneurship, the challenges to youth entrepreneurship and the role and contribution of
education in promoting a more entrepreneurial society.
Questions
The following questions will help with the focus group. They may be adapted to reflect local
institutional, cultural and youth mores.
a) What does entrepreneurship mean for you?
b) What barriers exist for young people who may be considering entrepreneurship as a
career choice?
c) How does your school support entrepreneurship career planning?
d) Provide two recommendations as to how the education system could improve its
contribution to a more entrepreneurial society.
The following is a synthesis of the key issues from the focus groups.
The Definition of Entrepreneurship:
Poland Washington State
– The ability to work in a team in order to – Doing your own thing, chasing your own
execute positive changes ideas
– An attitude of making money – The ability to make a lot of money
– Having character traits of creativity, ingenuity, – Creating jobs through innovation and new
courage, perseverance and determination businesses
– The ability to take risks – The ability to take high risks for high
rewards
The definition of entrepreneurship varied from purely money making (including illegally), to the
very complex. This consisted of competencies in the area of attitude, knowledge and skills.
28. 28
Barriers to Entrepreneurship:
The following opinions were shared by both regions.
Internal :
– lack of self-confidence
– lack of motivation
– lack of critical thinking skills
– fear of failure
– passivity
– lack of experience with fundraising and managing money
– lack of credibility among adults that would fund the venture, due to the young age of
entrepreneur
External :
– education
o schools are providing exam preparation courses today and kill kids/students
creativity and desire to innovate
o entrepreneurship is not taught nor promoted in schools
o there is a lack of understanding of the important role entrepreneurship has for
future generations at the level of decision makers - Ministry of Education and
Superintendents of Education
– cultural – society (including parents and teachers) is not tolerant of young people who think
differently than those that have gone before them.
– bureaucratic and administrative – including lack of transparency
– financing is difficult to acquire due to the lack of faith in the youths’ ability to execute the ide
29. 29
Remedies:
Though the barriers were very similar among the regions, the remedies spanned a broader spectrum.
Poland Washington State
– utilize the natural curiosity of kids, start – provide resources, including lists of
entrepreneurship earlier, since 6 not 16 companies that are willing to invest
– provide less useless theory and more practical – bring mentors into the school, like they do
elements including mentoring by business for college visit days
practitioners – advertise alternative after high school
– include in the educational practices attitude options
and skills competencies, not only the – encourage pursuit of practical and
information/knowledge elements rewarding vocations
– educational curriculum should be linked to the – offer opportunities through
market needs entrepreneurship
– prepare the entrepreneurship curriculum by – give options in classes to get more involved
entrepreneurs, students and the best teachers in businesses
jointly – not by professors working on the – teach about the current business climate in
corporate management/strategy class
– teachers should have sufficient knowledge and – teach classes related to funding financing
practice on what they talk about options
– redefine roles of schools: treat students as a – provide more information on current
customer in a world of global competition technologies
– ensure a balance between intellect, body, – organize entrepreneurship fairs at high
emotions and spirituality in the educational schools
practice – provide classes in economics and
– provide start-ups’ know-how accounting
31. 31
Strand 5: Management and Entrepreneurship Knowledge and Skills
5.A Analyze basic business practices required to start and run a company/organization.
5.A.01a Define entrepreneurship.
5.A.02a Describe the relationship between suppliers, producers, and consumers.
5.A.03a Compare and contrast types of businesses, including sole proprietorships, small
businesses, companies, corporations, governmental agencies, and non-profit
organizations.
5.A.04a Describe practices that ensure quality customer service.
5.A.05a Explain the value of competition in business/field.
Performance Examples:
1. Prepare a business plan for a new company in your community.
2. Participate in a discussion with members of a local small-business incubator or
chamber of commerce, identifying opportunities and summarizing best practices of
new companies.
3. Create an equipment list, with costs, of equipment required for doing specific tasks.
4. Identify local zoning and environmental laws that apply to businesses in your industry.
5.B Manage all resources related to a business/organization.
5.B.01a Identify a company’s/organization’s chain of command and organizational
structure.
5.B.02a Define and demonstrate leadership and teamwork skills.
5.B.03a Explain ways a company or organization can market itself, including choosing a
name, designing logos and promotional materials, advertising, and the
importance of word-of-mouth.
5.B.04a Identify methods to track inventory, productivity, income, expenses, and
personnel.
5.B.05a Explain the importance of written operating procedures and policies.
5.B.06a Identify professional organizations and their benefits.
5.B.07a Explain methods to effectively run a meeting.
Performance Examples:
1. Create a plan to keep track of tools and supplies in your classroom/shop.
2. Work as a team to complete a project, including running and participating in problem-
solving meetings.
3. Contact a relevant professional organization and request information about its benefits,
membership requirements, and costs.
4. Clip print advertisements from local companies, identifying common themes and
contrasting different styles.
5.C Describe methods for managing, organizing, retrieving and reporting financial data.
5.C.01a Explain the role of small businesses in the economy.
5.C.02a Extract and extrapolate data from financial documents, such as a pay-stub,
budget, tax statement, and financial report.
1. Create and follow a bud
2. Identify equipment in your shop/lab that are conside
3. From a pay-stub, determine gross salary, deductions, and net pay f
calendar year. 4. Create a rate card or other list of standardized costs for services
provided,
based on research of local rates and practices.
5 decisions. 5.D.01a List federal and state mandated employee rights.
5.D.02a Describe proper working conditions for your indust
5.D.03a Explain the role of labor organizations.
5.D.04a Discuss the importance of diversity and
diversity in the workplace. 5.D.05a Describe standard forms of employment contracts
applicable to your
industry. 5.D.06a State the current minimum wage, as well as wages for common jobs
found within the field. List opportunities for co
Performance Examples:
32. 32
1. Participate in and summ
organization. Participate in a
organization. 3. While participating in a group project, write and follow job descriptions for
each member of the team. 4. Evaluate a shop/lab in terms of safety, ergonomics, and
workflow.
5 industry. 5.E.01a Describe the role that the industry/organization plays in differ
communities. Describe the ro
company’s/organization’s decision-making process. ce Example:
1. Participate in a service
5 and decisions. 5.F.01a Identify laws that regulate businesses/organizations in your field.
5.F.02a Define the requirements for and protections given by copyright an
trademark law. 5.F.03a Define the impact of the Americans with Disabilities Act and other
civil
rights legislation on your business/organization, employees, and customers. Define
ethical business practices for your field.
5.F.05a Identify trade-specific practices that support clea
technologies and encourage environmental sustainability.
Performance Examples:
1. Research the ethical guidelines set forth by a professional organization related to your
industry and participate in a debate over how to apply these guidelines to a variety of
situations.
2. Create a portfolio of a variety of completed contracts and their uses.
3. Participate in and summarize a discussion with a lawyer, consumer advocate, or other
legal professional.
4. Create a quick reference outline listing legal topics and related resources.
33. 33
Reading materials and bibliography
Blinder, A. S. (2007). How Many U.S. Jobs Might Be Offshorable? CEPS Working Paper No. 142
March 2007. Princeton University.
http://www.princeton.edu/~blinder/papers/07ceps142.pdf
Bloom B. S. (1956). Taxonomy of Educational Objectives, Handbook I: The Cognitive Domain.
New York: David McKay Co Inc.
Bonnstetter, B. J. (2012). New Research: The Skills That Make an Entrepreneur. Harvard Business
Review. HBR Blog Network.
http://blogs.hbr.org/cs/2012/12/new_research_the_skills_that_m.html
European Commission (2009). Entrepreneurship in vocational education and training. Final
report of the Expert Group. Brussels. November 2009.
State of Massachusetts (2007). Vocational Technical Education Framework. Standardised Strand
5: Management and Entrepreneurship. Massachusetts Department of Education. Malden.
Massachusetts. August 2007.
Brynjolfsson, E. & McAfee, A. (2012). The Great Decoupling. The International Herald Tribune. 12
December 2012.
Garavan, T. N. & O'Cinneide, B. (1994). Literature review of problems associated with
entrepreneurship education and training programmes. Entrepreneurship Education and Training
Programmes: A Review and Evaluation - Part 1. Journal of European Industrial Training
Garavan, T. & O’Cinneide, B. (1994). Entrepreneurship education and training programmes: A
review and evaluation - Part 1. Journal of European Industrial Training, Vol. 18 (8).
Massachusetts Budget & Policy Center (2012). Youth and Work in Massachusetts. Massbudget.
December 3, 2012.
http://massbudget.org/report_window.php?loc=massbudget_youth_employment.html
Mwasalwiba, E. S. (2010). Entrepreneurship Education: A Review of Its Objectives, Teaching
Methods, and Impact Indicators. Education and Training. Vol. 52(1) pp 42-47.
Massachusetts Budget and Policy Centre (2012). Youth and Work in Massachusetts and
across the Nation. 2 December 2012. Boston, MA 02108.
http://massbudget.org/report_window.php?loc=massbudget_youth_employment.html
Pittaway, L & Cope , J. (2007). Entrepreneurship Education: A Systematic Review of the Evidence.
International Small Business Journal. Vol. 25(5) pps. 479-510 .
Kiiver H. & Hijman, R. (2010). Impact of the crisis on unemployment. Eurostat Statistics in Focus
20/2010.
34. 34
http://www.1mayo.ccoo.es/nova/files/1018/S10Doc12.pdf
US Bureau of Labour Statistics (2012). The Employment Situation November, 2012. Friday 7
December 2012.
http://www.bls.gov/news.release/empsit.nr0.htm
WEF (2009). Educating the Next Wave of Entrepreneurs Unlocking entrepreneurial capabilities to
meet the global challenges of the 21st Century. A Report of the Global Education Initiative.
Cologny, Geneva. April 2009.
https://members.weforum.org/pdf/GEI/2009/Entrepreneurship_Education_Report.pdf