It’s 2021. The world is changing rapidly and so are the careers of individuals. In this fast-paced society, it has become increasingly important for students to find opportunities that will allow them to explore entrepreneurship without leaving their classrooms. Are schools capable of tapping into the minds of entrepreneurs? Can entrepreneurship be taught in a classroom?

These are the questions we asked ourselves when we started our study on the role of entrepreneurship in education. We set out to find the answer from our senior and advanced level students. Entering thirty-five classrooms across three campuses of Technological University (TU), we found that students are strong in their entrepreneurial abilities but need more guidance and mentoring from teachers to give entrepreneurship a proper push.

In this article, we’ll highlight our study, present the current state of entrepreneurship education, review key issues in this emerging field, and discuss where this field is headed. We hope to make students more aware of the power of entrepreneurship and equip them with the knowledge to start their own ventures.

Entering thirty-five classrooms across three campuses of Technological University (TU), we found that students are strong in their entrepreneurial abilities but need more guidance and mentoring from teachers to give entrepreneurship a proper push. In this article, we’ll highlight our study, present the current state of entrepreneurship education, review key issues in this emerging field, and discuss where this field is headed. We hope to make students more aware of the power of entrepreneurship and equip them with the knowledge to start their own ventures.

A Small, But Growing Field

While many people have been exposed to the concept of entrepreneurship, relatively few have actually started working on their own ventures. This is due to the difficulty of starting a venture at a young age and having the right resources to make it a success. However, with people turning more and more to entrepreneurship as a career choice nowadays, this is rapidly changing.

According to data from 2013, there were over 28 million self-employed adults in the United States with 2.3 million new entrepreneurs joining each year (Kendall et al., 2013). The self-employment rate among women has also increased from 9 percent in 1960 to 35 percent in 2013 (U.S. Bureau of Labor Statistics).

However, there is still work to be done. In 2014, the U.S. Bureau of Labor Statistics on American entrepreneurship noted that “only 4 percent of new businesses in the United States are started by women,” and that this number has only increased from 2 percent in 2008 (U.S. Bureau of Labor Statistics).

Conclusion –

Opportunities for Entrepreneurship in Education

While it is clear that there are opportunities for entrepreneurship in education, one must be careful not to be misled: the label “entrepreneur” does not describe all of the elements of the entrepreneurial process. It simply means an individual who initiates and manages a new business venture.

Instead, we suggest entrepreneurs as those individuals that are deemed to have a “sustainable orientation.” They are creative, innovative, and committed to their businesses. But what makes them different from other entrepreneurs? The qualities they generally possess include: autonomy, audacity, responsibility for their decisions, and knowledge of business processes