100%(1)1 out of 1 people found this document helpful
This preview shows page 1 - 3 out of 7 pages.
ENTREPRENEURSHIP EDUCATION AND RESEARCH: EMERGING TRENDSANDCONCERNSCordelia MasonInternational School of EntrepreneurshipUniversiti Kuala Lumpur[email protected]ABSTRACTEntrepreneurship has gained much prominence in both developed nations and developingnations andhas thus created higher demand for entrepreneurship education. There is increasing emphasisoneducation as a way to eradicate poverty and entrepreneurship as a catalyst for economicdevelopment by many nations around the world. In tandem, entrepreneurship andentrepreneurship education have been the focus of researchers, educators as well as publicand private bodies. This paper explores the initiatives in entrepreneurship education invarious parts of the world through content analysis of journal articles and websites on thesubject in order to identify emerging trends and concerns. It describes efforts at the nationaland international levels to produce entrepreneurs and enhanced entrepreneurship training incountries such as China, , South Africa, Ireland and Malaysia. In the conclusion,observations of changes in trends are discussed. The paper aims to contribute to theunderstanding of entrepreneurship education and training and is especially relevant in thearea of course design.Field of Research: Entrepreneurship, Education, Training, Teaching.1.INTRODUCTIONEntrepreneurship has gained much prominence in both developed and developing nations andhas thus created higher demand for entrepreneurship education. The word ‘entrepreneur’ and‘entrepreneurship’ is generally attributed to Richard Cantillon for coining the word in hisessay entitled “Essay Sur la Nature du Commerce en General” (translated as “Essay on theNature of Trade in General”) which was written in 1732 and published posthumously in 1755.The terms are derived from the French entreprendre, which is translated as meaning “toundertake”.
In existing literature, entrepreneurship has been described and conceptualized in variousways, encompassing a broad range of interchangeable meanings and situations, and as aconcept and economic activity is full of contradictions and subject to conceptual andcontextual debate (Matlay,2005). The various continuum and shades of meanings includecapturing of ideas, converting them into products and, or service and building a venture totake the product to market(Johnson, 2001); inclusion of risk taking, pro activity andinnovation as key elements in entrepreneurship(Dana,2001); expanding the realms of meaningto include “corporate entrepreneurship” and “intrapreneurship” (Drucker, 1994) and “tiedentrepreneurship’ and ‘real corporate entrepreneur (Kandola, 2002). Tied entrepreneurship isdefined as “guided behavior which exists in the shape of formally created positions or projectgroups, established to come up with new ideas or to develop existing ideas.” (Kandola, 2002).Matlay (2005) aptly deduces that entrepreneurship is perceived as crucial to the nationalintegrity of virtually all countries of the world. The prevailing view of the importance of