Entrepreneurship Education and Text Needs for the 21st Century

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Research

Research question 1: How do current entrepreneurship textbooks meet or fail to meet the demands of entrepreneurship education in the 21st Century?

Research question 2: How can a new framework for entrepreneurship education help prepare the next entrepreneurial generations?

For publication in:

Advances in the Study of Entrepreneurship, Innovation, and Economic Growth (AISEIEG)

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Methodology

Identify textbooks in use for entrepreneurship courses Survey request via email to GCEC members Follow up phone calls and emails

Identify entrepreneurship current concepts & practices Tables of contents Moderate granularity Relative weight of coverage

Identify emerging practices and concepts from the literature

Analyze text books for coverage of concepts and practices.

Identify and document insights which could guide scholars in developing future entrepreneurship texts and instruction

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Progress

Emails to 200+ GCEC members requesting survey

Follow up phone calls to 80 Response from 24 Texts Identified

22 Some specialized: Finance, Legal, Ethics 14 from Edelman research (3 overlapping)

Topics identified 58 current 12 emerging

Identified coverage of topics in 12 of 22 so far

Beginning literature search for emerging concepts

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Remaining

Identify additional texts Follow up with GCEC members Publishers

Identify emerging concepts Literature

Harvard Business Review Sloan Management Review Journal of Business Venturing Entrepreneurship Theory and Practice

Survey Other sources?

Analyze topic coverage Explore possible insights

Texts Identified by Survey

Author(s) TitleKuratko, D.F. & Hdgeetss, R.M. Entrepreneurship: Theory, Process, and PracticeBarringer, B.R. & Ireland, R. D. Entrepreneurship: Successfully Launching New VenturesKatz, J. & , Green, R Entrepreneurial Small BusinessLongenecker, J. G. & Petty, J. W., Moore, C. W., Palich, L. E. Small Business Management: Launching and Growing Entrepreneurial VenturesBagley, C. E., & Dauchy, C. E. The Entrepreneur's Guide to Business LawMorris, M. H., Kuratko, D. F. & , Covin, J. G. Corporate Entrepreneurship & InnovationDuBrin, A. J. Leadership: Research Findings, Practice, and SkillsBamford, C. & Bruton, G. Entrepreneurship: A Small Business ApproachHisrich, R. D., Peters, M.P., Shepherd, D. A. EntrepreneurshipBerkun, S. The Myths of InnovationBarringer, B. R. Preparing Effective Business Plans: An Entrepreneurial ApproachAdelman, P. J., Marks, A. M. Entrepreneurial FinanceArnold, D. G., Beauchamp, T. L,, Bowie, N. E. Ethical Theory and BusinessMeyer, M. H., Crane, F. G. New Venture Creation: An Innovator's Guide to EntrepreneurshipCrane, F. G. Marketing for Entrepreneurs: Concepts and Applications for New VenturesRead, S., Sarasvath, S., Dew, N., Wiltbank, R., Ohlsson, A. Effectual EntrepreneurshipKickul, J., Lyons, T. Understanding Social EntrepreneurshipRogers, S. Entrepreneurial Finance: Finance and Business Strategies for the Serious EntrepreneurKaplan, J. M., Warren, A. C. Patterns of Entrepreneurship ManagementLeach, J. C., Melicher, R. W. Entrepreneurial FinanceBaron, R. A, Shane, S. A. Entrepreneurship: A Process PerspectiveSchlesinger, L. & Kiefer, C., Brown, P. Just Start: Take Action, Embrace Uncertainty, Create the Future

22 texts so far

Texts From Edelman, et. Al.

Author TitleAllen, K. R. Growing & Managing an Entrepreneurial BusinessAllen, K. R. Launching New Ventures: An Entrepreneurial ApproachBaron, R. A., & Shane, S. A. Entrepreneurship: A Process Perspective,Boyett, J. H., & Boyett, J. T. The Guru Guide to EntrepreneurshipBygrave, W. D., & Zacharakis, A. (Eds.) The Portable MBA in EntrepreneurshipCoulter, M. Entrepreneurship In ActionDollinger, M. J. Entrepreneurship: Strategies & ResourcesGumpert, D. E. How To Really Start Your Own BusinessHisrich, R. D., Peters, M. P., & Shepherd, D. A. Entrepreneurship,Kuratko, D. F., & Hodgetts, R. M. Entrepreneurship: Theory, Process and PracticeMorris, M. H. Entrepreneurial Intensity: Sustainable Advantages for Individuals, Organizations, and SocietiesSahlman, W. A., Stevenson, H. H., Roberts, M. J., & The Entrepreneurial VentureTiE: The Indus Entrepreneurs Essentials of Entrepreneurship: What it takes to Create Successful EnterprisesTimmons, J. A., & Spinelli, S. S. New Venture Creation: Entrepreneurship for the 21st Century

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Current Topic Candidates

58 Current

Acquisition Financial analysis OpportunitiesBankruptcy Financial management OrganizationBranding Financial planning & forecasting PartneringBreakeven Financial statements ProcessBudgeting Financing Product developmentBusiness Location Franchising Public sectorBusiness plan presentation Global/International business QualityBusiness plans Government RiskBusiness structure Human resources SalesCases Ideation & innovation Small businessCompensation and Benefits Intellectual property Social enterpriseCompetition and competitive advantage Intrapreneurship StrategyCulture Leadership Supply managementCustomer relationship management Legal SustainabilityDistribution Management TechnologyEthics Market research TrainingExit & harvesting Marketing ValuationExperiential learning Nature of entrepreneurship Venture screeningFamily business Operations Women & minoritiesFeasibility analysis

Current Topics from Texts

New Topic Candidates?New Concept Candidates"Creaction""Guerilla" Marketing3D Concurrent Value Chain EngineeringBusiness plan alternativesContinuous developmentCrowdfunding/sourcingDesign thinkingFail often and soonLean / agile startupNetworked OrganizationsOrganizations as SystemsParallel developmentPortfolio strategiesRapid prototypingReal OptionsSocial enterpriseSocial media

17 Candidates

Example Comparison

Example Comparison

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Entrepreneur-oriented education, instead of the employee-oriented

education

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5 Reasons Why Undergrad Entrepreneurship Courses Aren't Producing Entrepreneurs

Undergrad Entrepreneurship Classes Are Part Of The Business School, not as an independence degree.

Professors Who Teach Entrepreneurship Are Not Actual Entrepreneurs.

The Ideas are Half-Baked. The Students Are In It For The Wrong

Reasons. There’s No Incentive To Launch After

The Final Is Due.

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Program Pendidikan Kewirausahaan diPerguruan Tingi Program Mahasiswa Wirausaha (PMW) tahun 2009Mekanisme pelaksana program PMW diawali dengan: 1) melakukan sosialisasi kepada para mahasiswa; 2) identifikasi dan seleksi mahasiswa; 3) pembekalan kewirausahaan; 4) penyusunan rencana bisnis sambil magang di UKM. Program Kuliah Kewirausahaan (KWU) Program Magang Kewirausahaan (MKU) Program Kuliah Kerja Usaha (KKU) Inkubator Wirausaha Baru (INWUB)

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THE END