Mastering Entrepreneurship Education in Global Business

Mastering Entrepreneurship Education in Global Business

Kijpokin Kasemsap (Suan Sunandha Rajabhat University, Thailand)
Copyright: © 2017 |Pages: 28
DOI: 10.4018/978-1-5225-1923-2.ch087
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Abstract

This chapter aims to master entrepreneurship education in global business, thus illustrating the theoretical and practical overview of entrepreneurship education; entrepreneurship education and human capital; entrepreneurship education and entrepreneurial self-efficacy; the significance of entrepreneurship education in global business; and the application of entrepreneurship education in global business. The potential of entrepreneurship education is meaningful for modern organizations that seek to provide suppliers and customers, increase business performance, establish competitiveness, and achieve consistent prosperity in global business. Thus, it is important for modern organizations to investigate their entrepreneurship education applications, create an educational plan to determine their practical accomplishments, and directly respond to entrepreneurship education needs of customers. The chapter argues that mastering entrepreneurship education has the potential to facilitate entrepreneurship education success and gain competitive advantage in global business.
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Background

The variety of entrepreneurship education programs has expanded in Europe, Asia, North America, Australia, and New Zealand (Gartner & Vesper, 1994). Even in the United States, where there is a well-established tradition of entrepreneurship education, there has been an enormous growth in the number of relevant courses offered during the 1990 to 2005 period (Solomon, 2007). The expansion of educational offerings has been fueled in part by dissatisfaction with the traditional Fortune 500 focus of business education voiced by students and accreditation bodies (Solomon & Fernald, 1991). Entrepreneurship education programs and courses provide the context and content to help students learn and apply the entrepreneurial skills and behaviors intended to create value in entrepreneurial firms (Gundry, Ofstein, & Kickul, 2014). The curricular design for entrepreneurship education programs has been studied as one of the main topics in the management literature (Urbano, Aponte, & Toledano, 2008).

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