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