Academic journal article Journal of Entrepreneurship Education

Teaching Entrepreneurship in Action: Using Ebay as an Educational Tool

Academic journal article Journal of Entrepreneurship Education

Teaching Entrepreneurship in Action: Using Ebay as an Educational Tool

Article excerpt

ABSTRACT

The purpose of this paper is to present readers of the Journal of Entrepreneurs hip Education a different angle on how to teach entrepreneurs hip. Entrepreneurs hip education has received a lot of attention lately as many universities added either entrepreneurs hip classes or an entrepreneurs hip major at the undergraduate, graduate, and post graduate level. However, conflicting ways on how and what needs to be taught in such classes have emerged. After reviewing the different approaches used to teach entrepreneurs hip, we propose a new model on how one can teach entrepreneurs hip and test its effectiveness. In a pre-test post-test study, we analyzed the change in Carland Entrepreneurs hip Index score of entrepreneurs hip students engaged in an entrepreneurial activity using Ebay. The result of the analysis showed some significant changes in students score, from -5 points to +11 points with an absolute average change of 4 points (12% change).

Keyword: Entrepreneurship, Education, Engage Learning, C.E.I.

INTRODUCTION

The concept of entrepreneurship has been around for a long time, yet, entrepreneurship education is only a recent addition to university curriculum. Indeed, the entrepreneurship concept has recently been a major focus in Higher Education Institutions (HEI) all over the world. In the US and UK, entrepreneurship classes are increasingly offered to students as part of their undergraduate and graduate choice in curriculum (Jack & Anderson, 1999; Morris et al., 2001; Klappa, 2004). Entrepreneurship as a major has been available in HEIs in the US since the early 1980s (Hills, 1998). Morris et al. found that the number of business schools in the US providing classes in entrepreneurship or new venture creation grew from roughly 25 in 1980 to over 700 by 2000. Bennett (2006) also reported a major growth in master's level provision of entrepreneurship programs. Many universities now offer entire undergraduate, graduate and even doctoral degrees in entrepreneurship or business enterprise (Adcroft, Wills, & Dhaliwal, 2004). Furthermore, a Kauffman study by Chaney and Libecap in 2000 also report that growth in entrepreneurship education offering: "Whereas 15 years ago only a handful of schools offered courses in entrepreneurship, today more than 1500 colleges and university offer some form of entrepreneurship training... and more than 270 endowed positions in entrepreneurship, an increase of 120 percent in just the last five years." (Chaney and Libecap, 2000, page 1). As far as graduate program are concerned, the Entrepreneur journal published a ranking of the top 25 master level program, with more than 12,000 students enrolled in master level program in just these top 25 schools. Likewise, a search of the AACSB web site showed that there is 1 1 8 AACSB accredited schools with an undergraduate degree in entrepreneurship (108 in the U.S.), 62 Master degrees (57 in the U.S.), and 5 doctoral programs (4 in the U.S. and 1 in Canada). As a result of this expansion, two major schools of thought on how to teach entrepreneurship emerged: a skill based approach or an aptitude based method. Each method has its advantages and drawbacks; however they are not mutually exclusive. Hence, after reviewing both approaches, we describe an engaged learning exercise that aims to use both methods to teach undergraduate entrepreneurship students and we test its effectiveness in developing these students.

LITERATURE REVIEW

This increase in entrepreneurial education reflects the economic importance of entrepreneurial activities. Indeed, entrepreneurship has been recognized as an important part of the economy due to its macro- and micro-level effect (Bruyat & Julien, 2000; Henry, Hill, & Leitch, 2003; Carland & Carland, 2010). It is essential to giving birth to new ideas, creating new enterprises and jobs, and nurturing the economy as a whole (Hisrich & O'Cinneide, 1985). However, the word entrepreneurship means different things to different people (Sexton & Bowman, 1984; Hills, 1988; Deamer & Earle, 2004). …

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