Does an Entrepreneurship Education Have Lasting Value? A Study of Careers of 3,775 Alumni

Frontiers of Entrepreneurship Research, 31: 210-225, 2011

24 Pages Posted: 25 Mar 2014

See all articles by Julian Lange

Julian Lange

Babson College - Arthur M. Blank Center for Entrepreneurship

Ed Marram

Babson College

Ajay Jawahar

Babson College

Wei Yong

Babson College

William D. Bygrave

Babson College - Arthur M. Blank Center for Entrepreneurship

Date Written: March 22, 2014

Abstract

We studied the influence of entrepreneurship education on intentions to become entrepreneurs and becoming full-time entrepreneurs with a sample of 3,755 Babson College alumni who graduated from 1985 to 2009. There was overwhelming evidence that taking two or more core entrepreneurship elective courses positively influenced the intention to become an entrepreneur and becoming an actual entrepreneur both at the time of graduation and long afterward. Writing a student business plan also had a significant influence, but it is not a strong as taking two or more core courses.

Keywords: entrepreneurship, intentions, education, business plans, alumni

JEL Classification: M13

Suggested Citation

Lange, Julian and Marram, Ed and Jawahar, Ajay and Yong, Wei and Bygrave, William D., Does an Entrepreneurship Education Have Lasting Value? A Study of Careers of 3,775 Alumni (March 22, 2014). Frontiers of Entrepreneurship Research, 31: 210-225, 2011. Available at SSRN: https://ssrn.com/abstract=2412930

Julian Lange

Babson College - Arthur M. Blank Center for Entrepreneurship ( email )

231 Forest Street
Babson Park, MA 02457-0310
United States

Ed Marram

Babson College ( email )

231 Forest St.
Babson Park, MA 02457-0310
United States

Ajay Jawahar

Babson College ( email )

231 Forest St.
Babson Park, MA 02457-0310
United States

Wei Yong

Babson College ( email )

231 Forest St.
Babson Park, MA 02457

William D. Bygrave (Contact Author)

Babson College - Arthur M. Blank Center for Entrepreneurship ( email )

231 Forest Street
Babson Park, MA 02457-0310
United States

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