Entrepreneurship in Action - Essay Example

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Entrepreneurship in Action Name of Student: Name of Instructor: It goes without saying that education prepares students for their future life. Researchers and practitioners have agreed upon the fact that entrepreneurship is important for the economic opulence of people and nations…
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Download file to see previous pages Needless to say, entrepreneurship is a state of mind (Bird, 1988, p. 444). As feelings and perspectives develop in the “early age, school education can greatly contribute to fostering entrepreneurial mindsets, starting from primary school to the University level” (Boyd & Vozikis, 1994, p. 65). For this reasons authorities and educational institutions have taken the responsibility of ensuring that students learn about entrepreneurship in schools. Such education incorporates individuality and personal trait views. In addition, this entrepreneurial education combines skills, knowledge, perspectives and personal attributes in order to perform definite expert assignments. In reference to Kent (1990, p. 10), entrepreneurship education refers to training on the skills, attributes and competences required in entrepreneurship. This is a training process where students and learners commence by been keen and attentive. This assists the learners to apprehend different aspects of entrepreneurship. According to the BS2962 Entrepreneurship in Action module, the students finally set up their own enterprises after attaining knowledge on the required competences and skills needed for running and operating a business. In reference to the module, the aims of entrepreneurship education varies, though they all focus on enhancing entrepreneurial mindset, triggering entrepreneurial behavior, developing skills and competences required for entrepreneurship and preparing the student for his or her entrepreneurial endeavors. Nonetheless, one of the common objectives of the entrepreneurial education is to accelerate entrepreneurship in its numerous forms (Fayolle, 2010, p. 245). In this regard, comparison of the orientation of diverse constructs, objectives and focus on entrepreneurship education shows two major points that need emphasis: the learning results would be different if the whole training centered on cognitive training and it is imperative to broaden the viewpoints about the learning environment. Entrepreneurial education has numerous objectives and goals. Learning on entrepreneurship centers on the sagacity and prudence of an entrepreneur in coming up with original creative business ideas and formulating viable business plans. A training that focuses on the learning for entrepreneurship emphasizes on the capabilities and skills required. Training aimed at training through entrepreneurial didactics centers on increasing capabilities and aptitudes required to generate comprehension of facts and investments (Erickson, 2003, p. 108) In reference to Gatewood (2009, p. 206), it is not known whether people are born entrepreneurs or not. For this reason, there have been arguments and discussions on whether the skills and competences of entrepreneurs can be taught. Debatably, at least some personal characteristics, competences and skills can be nurtured and trained in the entrepreneurs’ interplay with the environment, including the interplay with the educational system (Borch & Vizikis, 1994, p. 446). In my assumption, entrepreneurial behavior can be learnt and that, as such, it should be taught. Entrepreneurship education, however, requires thorough reflection on the connection between action and theory and between learning and doing (Kent, 1990, p. 204). This is primarily because of the multifaceted nature of entrepreneurial phenomenon, which makes it difficult to encompass and thus to teach and learn. In ...Download file to see next pagesRead More
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