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© Copyright 2008 – Christian.Vintergaard@oeacade my.org Regional Growth: Regional Model for Entrepreneurship Education Christian Vintergaard, PhD

© Copyright 2008 – [email protected] Regional Growth: Regional Model for Entrepreneurship Education Christian Vintergaard, PhD

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© Copyright 2008 – [email protected]

Regional Growth:Regional Model for Entrepreneurship EducationChristian Vintergaard, PhD

© Copyright 2008 – [email protected]

Why study entrepreneurship?

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Does entrepreneurship teaching matter?

150.000 students

in the Øresunds-region

Entrepreneurship courses3-4% (2007)

300% more

Entrepreneurs

27 % more Wages

Resources62 % more

…and because: - its fun!!- it is an other career path ! - reveals more value in other fields of study

( Charney & Libecap, 2000)

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Universities: Engines for regional growth

• Foundation for new venture creation in addition to their traditional role as research and teaching institutions

• New names for this kind of entrepreneurship– academic entrepreneurship (Powers and

McDougall, 2004)– faculty entrepreneurship (Chrisman, Hynes and

Fraser, 1995). • Spin off their research as new firms• Foundation of the entrepreneurial university -

> broad spectrum of entrepreneurship courses

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Problems• Most universities lack resources and

competencies for entrepreneurship teaching– Organizational inertia (teaching job-taking)– Students do not see themselves as ent.

• Main competence of the university is still teaching and accumulating knowledge

• No comprehensive set of entrepreneurship courses (specialized courses)

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A solution• In regions with densely located universities,

collective educational efforts can have positive coordination effects– Satisfying the needs of a large volume of students

with diverse backgrounds– Enhance the supply of entrepreneurship courses– Each university can specialize and students have a

large supply• Collaboration - swap : 1)students & 2) faculty• An organization that coordinates and

develops the skills among faculty and need among students

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© Copyright 2008 – [email protected]

Partnere

Sponsorer

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© Copyright 2008 – [email protected]

• A competence center (in entrepreneurship education) which offers resources for the 12 member universities in the Øresund region.

• Located in Copenhagen (DK) and Lund (SE)• Øresund Entrepreneurship Academy unites and

develops strong competencies and best practices in entrepreneurship education for the universities in the region. – Unite and develop new entrepreneurship courses – Work with the students to spread the entrepreneurial spirit.

• The Øresund region’s large potential is in: – Start-up companies – Corporate entrepreneurship (and spin-offs)

• The academy will also help to fulfill regional and national goals: to be among the leading growing regions of the world

About Øresund Entrepreneurship Academy

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Øresund Entrepreneurship Academy supplies:• Teachers/ lectures

– Conferences and seminars– Teach-the-teacher workshops– Counseling and support for developing new courses– Network to international relations

• Students– Search engine containing all entrepreneurship courses in the

region– Competitions– Parties and events– Network with students-organizations

• Business people– Business network: Minerva Bridge. A network of business

people who contribute to entrepreneurship teaching.– Conferences and seminars

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CampaignsCampaigns

Web2000+ hits/ months

Web2000+ hits/ months

PR4+ TV/Radio

150+ Newspapers20+ Magazines

PR4+ TV/Radio

150+ Newspapers20+ Magazines

Supply

and q

ualit

y o

f entr

epre

neurs

hip

educa

tion

Demand for entrepreneurship education

Parties and EventsParties and Events

Teach

th

e t

each

er

Teach

th

e t

each

er

Fu

nd

30

+ C

ours

es

Fu

nd

30

+ C

ours

esCom

pete

nce

30

+ c

ours

es

Com

pete

nce

30

+ c

ours

es

Devel

opm

ent o

f com

peten

ce a

nd

inte

rest

s

Growth, new firm creation, and regional

growth

Growth, new firm creation, and regional

growth

Network100+ Presentations

250+ meetings

Network100+ Presentations

250+ meetings

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Pedagogies:Practice and theory

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A knives edge

• Theoretical and conceptual understanding without any relation to practice• Practical understanding from a single setting• Can the two be combined ?

• How could it be done?

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Teaching practices

• Knowledge of right and wrong• Better to remember, select and apply among tools and models

• Knowledge creation in practical settings for learning

• Social context for learning

• In the class room and out in the ”real world”• Anticipation: involvement of practice = high students involvement

• ”In” and ”about” practice

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Guest presentations from business

Theory Practice

HighStudent involvement

LowStudent involvement

Camps

Video presentationsTraditional

lectures

Role plays

Student presentation of theory

Internships

Cases

Business plan competitionsStudents own

cases

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The “Øresund Entrepreneurship Academy Education Matrix”

Intrapreneurship

Entrepreneurship

FinancingLaw

Practice

Interactive

Multi- disciplin

ary

International

Idea

Beginning

Growth

Running

EntrepreneurshipContent

EntrepreneurshipPedagogies

Pro

ject M

atu

rity

Business-plans Seed

Capital

Creativity In large

firms

Creativity

Spin-offs

IPR

Privateequity

Internationaloperations

Business- planning

Pre-seedCapital Many

different pedagogie

s for teaching

the subjects

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We also makes statistics

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© Copyright 2008 – [email protected]

© Copyright 2008 – [email protected]

© Copyright 2008 – [email protected]

© Copyright 2008 – [email protected]

© Copyright 2008 – [email protected]