Background of Entrepreneurship Education Concept Sample Clauses

Background of Entrepreneurship Education Concept. In recent decades, the role of entrepreneurship has attracted growing interest from society. Early in the 20th century, Schrumputer (1934) defined entrepreneurship as a “prime mover” of economic and technological development (pp.131-132). Notably, it was perceived as a practice of reforming and revolutionizing old products, inventing a new product and materializing innovative ideas. Comparatively, in the 21st century, the concept of “entrepreneurship” has been changing from a “willingness to take risks” to an “innovative way of thinking, planning, and organizing” (Xxxxxx, 2019; p.1). As a result, the prevalence of various definitions and unfixed boundaries of entrepreneurship is transforming and reflecting on the objectives of entrepreneurship education. When defining entrepreneurship education, Lackéus (2015) clarifies that frequent use of two related terms, enterprise education and entrepreneurship education, may lead to people’s incorrect interpretation of the program’s initial aim. He compares the definition from the UK and the US systems and notes that enterprise education focuses on personality and abilities, whereas entrepreneurship education attempts to train people to apply their knowledge to venture creation. As a result, Lackéus (2015) refers to Xxxxxxx’x (2000) unified concept of entrepreneurial education, which comprises the characteristics of both enterprise and entrepreneurship education. However, the recent work of Xxx et al. (2019) defines entrepreneurship education as a valuable pathway aimed at developing the ability of entrepreneurs to manage and acquire resources, improving their competencies and personality, as well as building an integrated approach based on values of different systems and learning channels. Therefore, to prevent misunderstanding, this research study extensively refers to the term “entrepreneurship education” and focuses on the main constituents of enterprise, entrepreneurial, and entrepreneurship education. For the first time, the concept of entrepreneurship education was introduced in the United States when Harvard university designed its first MBA entrepreneurship course in the late 1940s. For instance, Yu (2018) presents the statistics where 1,500 US universities and colleges offered entrepreneurship education to their undergraduate students in 2001. Notably, the integration of entrepreneurship into the educational ecosystem demonstrated the value of a holistic approach, which required the inclusion of all the co...
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