Entrepreneurship education
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Date
2012
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UMT.Lahore
Abstract
The purpose of this research is to look into the importance of entrepreneurship education in the light of the compelling evidence surrounding us that it produces an enterprising environment or “The Entrepreneurial Society” and economic development. Entrepreneurship Education is so significant that it is compared to the role of venture capital and business incubators in enhancing economic growth. Recent education policies in Europe have Entrepreneurship Education as the central them of the policy. The main objective of this research is to see how Pakistan is implementing entrepreneurship education in comparison to other countries to understand the phenomena. This research will also examine some notable works by Kuratko (Coleman White Papers and Kaufman Foundation Papers), and Fayolle papers on the European context. Therefore, qualitative research method was adopted working with phenomenological, grounded theory, basic interpretive study and from the lens of ethnography. (Prodi, 2002) Interviews were conducted from the most knowledgeable sources of entrepreneurship to go as deep as possible to establish the issues and trends in Pakistan. Since academically not much entrepreneurship education research work has been done in Pakistan hence visits to other entrepreneurship rich tradition countries were undertaken to gather from observation and by participating in doctoral seminars and interviewing renowned academics and researchers. Hopefully the research would create a paradigm shift towards a new paradigm of teaching and learning entrepreneurship through education theories and not through management science and economics. The conclusion has been that in Pakistan Entrepreneurship Education is a very recent phenomenon. As a new subject it will take time and consorted efforts to take root in Pakistan. Developing nations have to work on their pedagogies, on their curriculum, their text and develop case studies on their entrepreneurs. They must work on building their faculty for teaching entrepreneurship. An important conclusion has been that entrepreneurship education must be given the central place in the education policy because the younger generation of 21st century is becoming the “most entrepreneurial generation since the Industrial Revolution”. Another recommendation has been that there should be planned and group efforts to introduce PhD programs in Entrepreneurship Education in at least top 10 universities in Pakistan and that entrepreneurship education research must be popularized and promoted.