The FOURTH "R"Real Learning Via Problem-based

Entrepreneurship

Presented by:Dr. Cathy Ashmore, Consortium for Entrepreneurship

EducationRonni Cohen, Director, Delaware Financial Literacy Institute

Horace Robertson, Consortium for Entrepreneurship EducationChip Lowe, Consortium Tech Coordinator, Buchholz High

School

The FOURTH "R"Real Learning Via Problem-based Entrepreneurship

Entrepreneurship literacy is an essential component currently missing in 21st Century Skills. Because of tight schedules and lack of teacher expertise we are creating an entrepreneurship

problem-based strategy to weave into core curriculum.

Based on entrepreneur-created scenarios and questions for students to explore, activities require student engagement with

the Internet and the community. The Consortium's 403 performance indicators serve as a basis for design and

evaluation of K-16 and adult problem-solving experiences.

Problem-based learning is not necessarily a "project", and Project-based Learning does not require addressing a

"problem". Problem-based learning requires creativity, critical thinking, analyzing and interpreting, external contacts,

community connections, questioning, and finding a solution ... all that prepare them for life.

Entrepreneurship: Where Does It Fit?

Math

EntrepreneurshipProblem-based

Learning

Language Arts / Languages/

Communication

Arts

Trades & Industry

Affective Skills

Sciences

Social Studies/ Economics

Business &Marketing

Technology

Family &Consumer Science

Creative Problem Solving

Critical Thinking

Finance

DFLI.rc 11.10rev

"D.I.Y." Problem Creation

•ON YOUR MARK (COMPETENCIES)

•GET READY

•GET SET

•GO!

•FINISH LINE ! •Assessment Ideas

ENTREPRENEURSHIP EVERYWHERE Check out the NEW LOOK for the National Content Standards for Entrepreneurship Education .

Now you can easily select the performance indicators related to where your program stands in the lifelong learning process!

Check out the Choices - 5 Stage Model 1.Overview 2.Levels 1 & 2 3.Level 3 4.Levels 4 & 5 5.Total Lifelong Model

LIFELONG ENTREPRENEURSHIP EDUCATION MODELDeveloped by The Consortium for Entrepreneurship Education

Columbus, OH

STANDARDS/Performance Indicators

BASICS COMPETENCY AWARENESS

CREATIVE APPLICATIONS

STARTUP GROWTH

Entrepreneurial Skills

The Processes and Traits/Behaviors

associated with entrepreneurial success.

AEntrepreneurial Processes

Understands concepts and processes associated with successful entrepreneurial performance

** Discovery

A.01 Explain the need for entrepreneurial discovery

A.02 Discuss entrepreneurial discovery processes

A.03 Assess global trends and opportunities

A.04 Determine opportunities for venture creation

A.05 Assess opportunities for venture creation

A.06 Describe idea-generation methods

A.07 Generate venture ideas

A.08 Determine feasibility of ideas

** Concept Development

A.09 Describe entrepreneurial planning considerations

A.10 Explain tools used by entrepreneurs for venture planning

A.11 Assess start-up requirements

A.12 Assess risks associated with venture

A.13Describe external resources useful to entrepreneurs during concept development

A.14 Assess the need to use external resources for concept development

A.15 Describe strategies to protect intellectual property

A.16 Use components of a business plan to define venture idea

** Resourcing

A.17 Distinguish between debt and equity financing for venture creation

Student Name: ____________________________________________________________

Problem-Solving RubricIf the Learning Manager desires to specify and assign percentages to the various assessment categories they can weight each of the chosen areas for which they want to assign the most focus of the problem solving activity. The National Content Standards for Entrepreneurship Education provide the source for selection of performance indicators.

ScoreAssessment Categories 4-Advanced

3-Proficient /On Target

2-Developing/Getting There

1- Incomplete/Needs More

Competencies/Performance Indicators addressed appropriately

Evidence indicates that performance indicators are all addressed in solution provided

Most of the performance indicators are addressed in solution provided

A good portion of the performance indicators were addressed in solution provided

Few performance indicators were addressed in solution provided

Problem Based Learning & Entrepreneurship

EducationCreativity …. Critical Thinking … Real World Problems … Student Solutions …

No one Correct Answer … Based on Entrepreneurship Standards …

Teachers as Managers … Rubrics and Portfolios for Assessment …

Combine with all disciplines … Problems available at all education levels …

Encourage students to THINK!