Entrepreneurship Education: A Comparative Study of Literature
The IUP Journal of Entrepreneurship Development, Vol. XIII, No. 1, March 2016, pp. 7-32
Posted: 4 Aug 2016
Date Written: August 4, 2016
Entrepreneurship is the process of designing, launching and running a new business, i.e., a start-up company offering a product, process or service. Entrepreneurship education deals with developing entrepreneurial skills in students. In this context, the current paper is based on the literature review of research papers spanning across countries in the last decade. The literature is coded according to the research settings and findings segregated under categories of goals and learning outcomes, curriculum design, pedagogical tools, and effectiveness of teaching entrepreneurship. After a detailed review of about 54 papers, it was be inferred that the goals of entrepreneurship education range from imparting basic domain knowledge to transforming this knowledge into practical skills. The curriculum design of entrepreneurship course needs to be innovative in the sense that it should include industrial visits, management games and active involvement of other stakeholders. Action learning and experiential learning have to be incorporated for making the course more effective. At the same time, assessment should also involve reflection of self, peers and other stakeholders. There is an increased support to the effectiveness of entrepreneurship education on students’ intentions to create new venture. The course goes beyond and has the potential to influence personal development and career planning abilities of students.
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