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Regional Growth:Regional Model for Entrepreneurship EducationChristian Vintergaard, PhD
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Does entrepreneurship teaching matter?
150.000 students
in the Øresunds-region
Entrepreneurship courses3-4% (2007)
300% moreEntrepreneu
rs
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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• 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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Campaigns
Web2000+ hits/ months PR
4+ TV/Radio 150+ Newspapers
20+ Magazines
Supp
ly a
nd q
ualit
y of
ent
repr
eneu
rshi
p ed
ucat
ion
Demand for entrepreneurship education
Parties and Events
Teac
h th
e te
ache
rFu
nd30
+ Co
urse
sCom
pete
nce
30+
cour
ses
Develop
ment of co
mpetence
and
interes
ts
Growth, new firm creation, and regional
growth
Network100+ Presentations
250+ meetings
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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 Financing La
wPracti
ceInteracti
veMulti-
disciplinary
International
Idea
Beginning
Growth
Running
EntrepreneurshipContent
EntrepreneurshipPedagogies
Project Maturity
Business-plans Seed
Capital
Creativity In large
firmsCreativity
Spin-offs
IPR
Privateequity
Internationaloperations
Business- planning
Pre-seedCapital Many
different pedagogie
s for teaching
the subjects
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