...No. 4, August 2012 Impact of Globalization on Trends in Entrepreneurship Education in Higher Education Institutions Norasmah Othman, Nor Hafiza Othman, and Rahmah Ismail Abstract—With the trend of increasing globalization, entrepreneurship has been receiving more attention from government and educational institutions. Changes in the uncertain world economy have resulted in fewer job opportunities for college graduates, and in response, the government has sought to develop creativity among students through entrepreneurial activities and programs. The question now is, Are the increasing trends of changes and demands for entrepreneurship education due to the impact of globalization? To answer this question, this study examined the impact of globalization on trends in the demand for business and entrepreneurship education and entrepreneurial skills in Malaysia. Questionnaire data were obtained from 306 participants. The participants were randomly selected from the population of administrators in higher education institutions in Malaysia. Data were analyzed using the descriptive statistics method. The findings show that there is an increasing demand for entrepreneurship education and entrepreneurial skills, indicating that globalization has influenced the demand for entrepreneurship education and entrepreneurial skills among university graduates. Index Terms—Globalization, higher education, entrepreneurship education, entrepreneurial skills. I. INTRODUCTION Globalization...
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...FACTS ABOUT ENTREPRENEURIAL EDUCATION 3. IMPORTANCE OF ENTREPRENEURIAL EDUCATION 4. IMPORTANCE OF LIFE EXPERIENCE 5. CONCLUSION 6. LIST OF REFERENCES Introduction Within the last 25 years the number of entrepreneurship courses increased twentyfold and amazon.com lists over 45,000 books dealing with entrepreneurship. This demonstrates the increasing interest in entrepreneurial education and illustrates that there is a strong belief that entrepreneurship can be taught. In contrast, successful business leader as Zineb Hefiri didn’t attend any entrepreneurial courses and argue that her success came from her life experience.1 Moreover, there are plenty stories about entrepreneurs who run a business without a college degree, some without even finishing high school. Are they the exception or is being an entrepreneur an art that you either have or don't have? What is the road to be a successful entrepreneur? Does entrepreneurship education make people better entrepreneurs? Or are life experiences enough to establish the required skills and knowledge? The purpose of this dissertation paper is to identify what makes a successful entrepreneur and to determine to which extent entrepreneurial education has more impact than a person’s life experiences. ¬¬¬¬¬¬¬¬¬¬¬¬¬¬___________________________________ 1Mondo, M 2011, Entrepreneurship: Managing new venture growth, Pearson Education, viewed 04 December 2011 Facts about Entrepreneurial Education As a matter of fact...
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...knowledge, service, and information in the new economy creates space for more new firms to emerge, and exerts pressures on existing companies to hire employees with higher level skills in order to compete successfully. The increased demand for a highly skilled workforce has contributed to the rising importance of obtaining a college education. However, recent studies indicate that newly hired college graduates do not excel in these higher-level knowledge and information based skills at the level that employers desire. Entrepreneurs have also indicated that the shortage of highly skilled workers inhibits the growth and development of new entrepreneurial firms. In response to this there have been multiple calls for educators at all levels to recognize the challenges and opportunities in today’s economy and to ensure that students develop the “21st century” knowledge, skills, and abilities (KSAs) they need. A closer look at these 21st century KSAs alongside research and data on entrepreneurial competencies reveals a meaningful overlap between the two. This overlap can be developed into a useful heuristic to determine appropriate outcomes for assessment of undergraduate entrepreneurship programs. Sample outcomes and program assessment processes are illustrated and discussed. INTRODUCTION As the “new” economy of the 21st century continues to develop around knowledge, service, and information based activities, a company’s ability to create and commercialize knowledge has become...
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...Welcome to Entrepreneurship and Business Dr Kenny Wong Meng Seng ELG 16 wong.mengseng@nottingham.edu.my 2 Entrepreneurship and Business • Core module for all 1st year undergraduate students in NUBS • Also be offered to students from all other schools at the University of Nottingham • Designed to raise student’s awareness and understanding of some of the key elements of entrepreneurial creativity, as well as entrepreneurship in practice. • Many fundamental principles underpinning successful entrepreneurship can be applied in a much wider variety of situations. • Improve their individual skills in terms of creative problem solving and organisational effectiveness. 3 Entrepreneurship and Business Module Sessions • Combination of lectures and mentored group work sessions. Venue: F1A15, on Wednesday in Semester 1, Time: 11:00 – 1:00 pm. • Mentored group work sessions will be held in separate sittings throughout the day in Four sessions specified in the timetable. It will be announced in Week 5. • Students will be asked to self-select their project teams to fit into one of these four sittings, during which they will work through group work in a mentored environment. Groups will not be allowed to change sittings during the course of the module. Course Time Table • Week 2: Wednesday 25th September 2013 – Lecture – – – – Module Introduction and Rationale Course structure and rationale The importance of an integrative learning approach Why study Entrepreneurship? 4 ...
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...WOMEN ENTREPRENEURSHIP AND EDUCATION Introduction The domain of entrepreneurship education is now faced with ever more interesting choices about what to be, who to serve and from what principles to profess. Opportunities and challenges in teaching and training related to globalization, technology, political organization and shifting demographics and social views have created entirely new understandings of what is important and where attention should be directed. Entrepreneurship is exciting and valued and most agree that while academics and others can’t help every person to be an entrepreneur, but can help those who are interested with tools, skill acquisition and ideas. The emergence and growth of women-owned businesses have contributed to the global economy and to their surrounding communities. The presence of women around the world driving small and entrepreneurial organizations has had a tremendous impact on employment and on business environments worldwide. Women-owned firms comprise between one-quarter and one-third of all the businesses in the formal economy, and are expected to play an even larger role in informal sectors (Delaney, 2002). Entrepreneurship refers to an individual’s ability to turn ideas into action. It includes creativity, innovation and risk taking, as well as the ability to plan and manage projects in order to achieve objectives. To achieve success, growth and employment, we need to stimulate the entrepreneurial mindsets of young women, encourage...
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...MANAGEMENT DILEMMA The challenge facing higher education institutions is level of technological entrepreneurship and innovation of first year students in the field of Technological programmes. This phenomenon has put pressure on management of higher education institutions to introduce entrepreneurial mindset and encourage innovation. The research in 2007 undertaken by Development Policy Research Unit (DPRU) of University of Cape Town has shown that 23 percent of students choose qualifications mainly for the employment opportunities. PROBLEM STATEMENT The study seeks to investigate factors that influence technological entrepreneurship and technological innovation of first year students using Walter Sisulu University as a case study. Shein, Crous and Schepers (2010: 1) in their recent research paper found that not only in growing economies such as South Africa, but in other economies, entrepreneurship takes a proactive role in businesses and contributes to job creation. Students admitted to universities in various technological programmes have a mindset of looking for employment on completion of their qualification, rather than of opening their own small and medium enterprises (SME’s). The main purpose of entrepreneurship education program is to provide the students with necessary entrepreneurship and business knowledge, to allow easy transition into private sector and carry out their businesses successively, Patıra and Karahanb (2010: 27). Stats SA shows...
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...discussed, declared to be social misfits and bastions of the private enterprise system. “An entrepreneur sees an opportunity which others do not fully recognize, to meet an unsatisfied demand or to radically improve the performance of an existing business. They have unquenchable self-belief that this opportunity can be made real through hard work, commitment and the adaptability to learn the lessons of the market along the way”.(Martin , 2010). Entrepreneurship is an act of being an entrepreneur which involves initiating in a business venture, gathering the necessary resources and assuming the associated risks and rewards. There are common traits associated with an entrepreneur, most entrepreneurs tend to: * Tolerant of ambiguous situations * Resist conformity * Enjoy risk-taking * Self-reliant, dominant and independent * Be interpersonally aloof yet socially adroit * Adapt readily to change The importance of entrepreneurship for economic development has been widely acknowledged in recent times. Entrepreneurship is assumed to be a major source of innovation, job creation and growth (Kunene, 2008). According to the SBA factsheet 2010/11, SME’s account for over 99% of the firms in the U.K and over 50% for total employment and value added. In the 21st century, entrepreneurs need certain skills and competencies. Due to the rapid and constant change in the business...
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...role of entrepreneurship and entrepreneurial culture in economic and social development has been diluted. Nevertheless, over the years it has become obvious that entrepreneurship has grown in importance and that it indeed contributes to economic well being. Converting ideas into successful economic opportunities is the main essence of entrepreneurship. If we cast an eye over the past, the economic momentum has been substantially advanced by pragmatic individuals who are creative and innovative, able to utilize opportunities and willing to take risks. Whatever the definition of entrepreneurship, it is associated with creativity, literacy, innovation and change that are in turn vital for competitiveness in the wake of increasing globalization. Therefore preparing successful entrepreneurship means advancing the competitiveness of a business. SME and entrepreneurship development are two very important factors in reducing the poverty of any country. For many countries SME is the backbone of their economy. In the wake of rising importance of entrepreneurship, various disputes over it, have increased. One such dispute is weather the entrepreneurs are born or made. The primary objective of this work is to compare and contrast the two schools of thought and based on the research make a reasonable conclusion. Entrepreneurs: born or made? Firstly it is worth to identify what actually entrepreneurship is. Generally talking, there are many definitions of entrepreneurship. Many authors...
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...TI 2011-061/3 Tinbergen Institute Discussion Paper Entrepreneurship and Role Models Niels BosmaA Jolanda HesselsB,C Veronique SchutjensA Mirjam van PraagD Ingrid VerheulE Utrecht University; B EIM Business and Policy Research, Zoetermeer; C Erasmus School of Economics, Rotterdam; D Faculty of Economics and Business, University of Amsterdam; E Rotterdam School of Economics; all in the Netherlands. A Tinbergen Institute is the graduate school and research institute in economics of Erasmus University Rotterdam, the University of Amsterdam and VU University Amsterdam. More TI discussion papers can be downloaded at http://www.tinbergen.nl Tinbergen Institute has two locations: Tinbergen Institute Amsterdam Gustav Mahlerplein 117 1082 MS Amsterdam The Netherlands Tel.: +31(0)20 525 1600 Tinbergen Institute Rotterdam Burg. Oudlaan 50 3062 PA Rotterdam The Netherlands Tel.: +31(0)10 408 8900 Fax: +31(0)10 408 9031 Duisenberg school of finance is a collaboration of the Dutch financial sector and universities, with the ambition to support innovative research and offer top quality academic education in core areas of finance. DSF research papers can be downloaded at: http://www.dsf.nl/ Duisenberg school of finance Gustav Mahlerplein 117 1082 MS Amsterdam The Netherlands Tel.: +31(0)20 525 8579 ENTREPRENEURSHIP AND ROLE MODELS Niels Bosma A, Jolanda Hessels B, C, Veronique Schutjens A, Mirjam van Praag D, Ingrid Verheul E A Faculty of Geosciences, Department...
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...| MN3030C | | Hewlett-Packard | [ETHNIC ENTREPRENEUSHIP] | [Tapez le résumé du document ici. Il s’agit généralement d’une courte synthèse du document. Tapez le résumé du document ici. Il s’agit généralement d’une courte synthèse du document.] | TABLE OF CONTENT I. INTRODUCTION………………………………………………………Page 2-3 II. ETHNIC ENTREPRENEURSHIP DEFINITION………..Page 4 III. THE CONCEPT…………………………………………………………Page 5-6 IV. ENTREPRENEURIAL THEORY………………………….……Page 7-8-9 V. ETHNIC NICHE…………………………………………………….…..Page 10 VI. CONCLUSION…………………………………………………..…….Page 11 VII. REFERENCES……………………………………………………..…..Page 12-13-14 VIII. APPENDICE…………………………………………………………..Page 15 I. ------------------------------------------------- INTRODUCTION The recent growth of new ethnic populations in Western societies raised lots of issues. In fact, the ethnic activity is not any more a question of historic interest; nor is it the concern of the company. Because new ethnic populations grew at the same time as Western economies, they are in a phase of slow growth and are facing the massive technological challenge; the ethnic adaptation and the mobility are central questions. (Waldinger 1990). In Europe, the activities managed by persons of minority ethnic groups were always present, but changeable historic circumstances increased jutting out to them and visibility during the last decades. First of all, the important immigration of former colonies...
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...BRIDGING THE VALLEY OF DEATH: LESSONS LEARNED FROM 14 YEARS OF COMMERCIALIZATION OF TECHNOLOGY EDUCATION ABSTRACT We argue for the increasing importance of providing graduate students skills in technology entrepreneurship and the commercialization of technology. We describe the lessons we have learned from fourteen years of developing commercialization of technology pedagogy and adapting it for use on four continents and within numerous corporations. We demonstrate that the straightforward theory-driven approach that we use to shape the curriculum improves our ability to learn from our mistakes and to structure small experiments to improve the pedagogy. INTRODUCTION Interest in the commercialization of technology and high technology entrepreneurship has increased significantly in the past decade. It is apparent that in many increasingly knowledge-based economies, effective managers will need to be better trained in dealing with technologists and in creating business growth and advantage through commercializing technology. Technical education faces new demands as well. For example, the National Academy of Sciences (COSEPP, 1995) issued a committee statement calling for rethinking graduate education for scientists and engineers to include the skills to promote the commercialization of technologies that they create. As interest in commercialization of technology has increased, so has academic research interest in this area. For example, the Journal of Product Innovation...
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...companies which who succeed in entrepreneurship by new innovation and creation. This paper has two parts, first part explains about entrepreneurship by quoting some famous definition. Second part illustrates a short discussion about the examples that I choose to define the entrepreneurship the best. The examples that I select for doing this research is Nike and Apple the famous American multinational companies. The second part explains about the principles of entrepreneurship in relation to these companies. Last part illustrates the recommendation and conclusion that I reached at the end of this research. 2. WHAT IS ENTREPRENEURSHIP? According to < Coulter, M., (2003), 2nd Edition > Entrepreneurship involves creating change to adjusting, adapting and modifying one’s personal repertoire, approaches and skills to meet different opportunities available in the environment. The definitions of entrepreneurship help to obtain a clearer understanding of what is involved. According to < Morris 1998 > Entrepreneurship is concerned with unique combinations of resources that make existing methods or products obsolete which led to new innovation. Entrepreneurship is the skill and risk taking ability of an individual person or a group of people to combine the factors of production to produce a good or service < Kuratkao, D. F. and Hodgetts, R. M., (2007), Book -Entrepreneurship: Theory, Process, and Practice >. In economics, entrepreneurship combined with land, labour...
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...Social Entrepreneurship can be explained as the act or submission of one or more persons with innovative resolutions to societies most pressing social issues. Social Entrepreneurship utilizes its resources and business surroundings to benefit the needs or wants of it social surroundings. One example that may play into social entrepreneurship is a company called “Thermpod”. A young girl, by the name of Jane Chen established this company, creating a sleeping bag-like device that warmed low-birth weight babies in hospitals and clinics. Chen’s invention not only saved lives of thousands of babies a year, but also put smiles on may faces. Another amazing social entrepreneur is Maggie Doyne, Founder of Kopila Valley Children’s Home and School. Doyne had a vision to help orphans from all over the country and provide them a home and education. Today, Kopila Valley homes and educates over 300 children from different countries such as Surkhet and Nepal. There are several services offered at Kopila Valley Children’s Home and School. For example, Kopila implemented the Safina Woman’s Association (SAWA) in Morogoro, Tanzania, which is dedicated to improving the well being of woman and children by promoting inclusive education. The Safina Woman’s Association works with their government agencies to influence policies, guidelines, and legislation concerning the wellbeing of woman and children. (Center for Education Innovations, 2014)). Doynes vision and mission goes far beyond...
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...Entrepreneurship or Social Entrepreneurship: Descriptive Study On the Perspective of De La Salle University Entrepreneurship Students Paul Lorenz T. Chua & Jose Angelo L. Calma Students, Ramon V. Del Rosario College of Business, De La Salle University March 27, 2014 Abstract Entrepreneurs have been around 1723 since then, they have been innovating, making new enterprises, and creating new job opportunities. The profession of entrepreneurs focuses more on the mainstream management approach, which revolves around materialism. On the other hand, a different kind of entrepreneurship started around 1960s and it is social entrepreneurship. Social entrepreneurship does not focus on the mainstream management approach, but focuses on the multi-stream management theory and practice. The research paper aims to find out the preference of De La Salle University (DLSU) Entrepreneurship students towards entrepreneurship or social entrepreneurship. The gathered information was conducted through a quantitative surveying of forty-two (42) DLSU Entrepreneurship students. Results showed that DLSU Entrepreneurship students are leaning more into the profession of entrepreneurship as mainly this profession has more profit and is much more viable compared to social entrepreneurship and that social entrepreneurship requires more knowledge. Keywords: entrepreneurship, social entrepreneurship, mainstream management, multi-stream management theory and practice, profession, profit Entrepreneurship...
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...UNIVERSIDAD DE ZAMBOANGA School of Education, Arts and Sciences Zamboanga City SYLLABUS in NSTP (CWTS) Course Title: NSTP 1 (CWTS) Course Credit: 3 units Descriptive Title: National Service Training Program (Civic Welfare Training Service) Semester: First Semester, SY: 2014-2015 Curricular Year: First Year Degree: All 2-year courses and 4-year degrees Course Description: The Civic Welfare Training Service (CWTS) 1 as a component of the National Service Training Program (NSTP) is a course for the first year student both male and female designed to help them understand, appreciate and eventually live the basic concepts of Students Transformation and Enrichment for Truth (STET) with the end in view of empowering them of becoming an important resources in the nation building. Civic Welfare Training Service (CWTS) 1 is designed to encourage the youth to contribute to the improvement of the general welfare and the quality of life of the Filipino. CWTS requires students to carry out projects and activities in their assigned barangays or Government Organization (GO’s) and Non Government Organization (NGO). Particularly activities contributory to the general welfare and the betterment of life for the members of the community or the enhancement of its facilities especially those devoted to improving health, education, environment, safety, livelihood, entrepreneurships and morals of citizenry and other social welfare services. Course Requirement: ...
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