Entrepreneurship Education: A Comparison of Canada and Sweden from the 1980’s to Present Day.
Research Question
What is the comparison of entrepreneurship and the state of educating entrepreneurs between the countries of Canada and Sweden and the effects on entrepreneurial levels and successes within the specific timeframe of the 1980’s to present day?
Entrepreneurship is one of the main foundations of many countries economies historically and it plays just as crucial of a role in the present day. Dr. Howard Stevenson of entrepreneurship studies at Harvard School of Business defines entrepreneurship as “the pursuit of opportunity beyond resources controlled”. (Sinoway & Meadow, 2012) As a native Canadian, entrepreneurship played a major role in the founding and creation of my home country. In today’s contemporary society, entrepreneurship still plays an important role in the cultural, social, political, and economic functioning’s of Canada. The main reason I am so interested in this topic is that I myself am an entrepreneur in Canada. Through the process of starting my company I have partially experienced the entrepreneurial culture that currently exists in Canada. I have a vested interest in learning more about the functioning of entrepreneurship in Canada. I also have aspirations of living in Sweden in the future so I find it interesting to learn about the life of an entrepreneur in Sweden and the culture surrounding entrepreneurship in the country.
Conducting this research and formulating this thesis will allow me to provide unique comparison between two countries that possess many other social and political similarities. I will then compare the information I have collected to identify and similarities or differ...
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...tern Canada. However, it is just one of the many similar programs and efforts that Canadian governments and educators were already making in early 1990’s
In more a more recent effort, the Government of Alberta just released its latest curriculum update for primary schools across the province in accordance with their Alberta Education Action Agenda 2011-2014. The new curriculum is built around three main points: creating engaged thinkers, ethical citizens, and promoting an entrepreneurial spirit. A framework for student learning was created that outlines the relationships among “literacy, numeracy, competencies and subject/discipline areas essential for students to become engaged thinkers and ethical citizens with an entrepreneurial spirit”. (Alberta Education, 2011) This can be visualized in the appendix. In an interview with Glen Thiel, a current principle
The book provides the parents and educators with a fundamental guide to getting the best from their kids and a roadmap for opinion leaders and policymakers. The issue the authors have determined is a real one, although there is no single system can work for everyone, and the authors presume that Rebecca or Bill Gates or Steve Jobs (or Wagner or Dintersmith) are the ultimate desirable models of success. This leaves whole classrooms with gifted memorizers as well as regular humans who never aspired to be or can never even be a Bill Gates. Although it does not offer a clear roadmap on how to go in making every child become an entrepreneur, the book is a commendable prose for the teachers and policy makers in the education system, and I think that if implemented it can improve the education system by a great
The premise of this research paper is to compare the similarities and differences in the
Hisrich, R.D. and Peters, M.P., (2004) Entrepreneurship, Fifth Edition – International Edition, McGraw-Hill Higher Education
Entrepreneurship has taken diverse views since its discovery in commerce. People had varied notions as to what it entails and the characteristics an individual needs to have to be called an entrepreneur. The concept of entrepreneurship is seen as the process of uncovering and developing an opportunity to create value through innovation and seizing that opportunity without regard to either resources (human and capital) or the location of the entrepreneur – in a new or existing company (Churchill, 2003). Entrepreneurship is the willingness
An entrepreneur is a person who sets up a business or businesses, taking on financial risks in hopes of making a profit. Prior to presenting our entrepreneurship promotion project, many of our students had a limited, if any idea, of what an entrepreneur is. The purpose of our entrepreneurship promotion project was to educate our fellow classmates on the roles of an entrepreneur and what it takes to become one. Entrepreneurs have to work through extreme measures in order to gain success aside from the fact they shall not dwell on failure and stay motivated to achieve their set goals. This project provided the possibility for our students to meet face to face with real entrepreneurs and discuss the challenges they are faced with choosing to be
Joseph Schumpeter, an American economist, renowned for his term ‘creative destruction,’ defined ‘entrepreneurs as individuals who exploit market opportunity through technical and/ or organisational innovation.’ Entrepreneur is derived from the French verb ‘entreprendre,’ meaning to undertake and consequently entrepreneurship is the ability and will to develop and manage a business scheme; accompanied by any of its risks with the intention of making turnover. Conversely, innovation is the process of transforming a creation into a product or service that generates value; ‘the commercially successful exploitation of ideas.’ It is integral to any developing economy, particularly in those where prevailing business models have become outmoded. Entrepreneurship
All of the sudden entrepreneurship is in the ride. The perception goes common that if the nation’s businesses, irrespective of the size can become more entrepreneurial then it will yield better productivity and compete more effectively and efficiently in today’s fastest growing world marketplace, Howard H. Stevenson and David E. Gumpert.
We are living in a world that is constantly changing, a place full of uncertainties, in an age of entrepreneurial revolution. Organizations around the world have been actively looking for ways to remain competitive. This can be seen from the rapid pace of innovation in the area of technology, where new products are being released in within short time spans that we had a hard time keeping up with it. Such turbulent environment has created opportunities for companies. However those who failed to join in the revolution will be eliminated from the competition. Therefore to stay ahead of the competition, it is essential for organizations to be entrepreneurial. Entrepreneurship is the process of creating value by bringing together a unique combination
"Entrepreneurs who start and build new businesses are more celebrated than studied. They embody, in the popular imagination and in the eyes of some scholars, the virtues of "boldness, ingenuity, leadership, persistence and determination." Policymakers see them as a crucial source of employment and productivity growth. Yet our systematic knowledge of how entrepreneurs start and grow their businesses is limited. The activity does not occupy a prominent place in the study of business and economics.
“Entrepreneurship is the process of creating or seizing an opportunity and pursuing it regardless of the resources currently controlled “(Bygrave 1989)
The return was largely due to the social managerial and psychological factors than the economic theory. Having different perspectives to the concept of entrepreneurship was common early on as the different views regarding it made the entrepreneurship very difficult to progress and develop in international trade. According to Misses (1998) it is not possible to neglect the role of the entrepreneur in the market of economy as the different complementary components of the production is gathered and embedded by the entrepreneurs. Entrepreneurship is about the identifying and creating opportunities. Entrepreneurship is major drivers of present and future welfare. Entrepreneurship can cause economic growth, the idea of starting a new business that involves innovative ways such as improving the quality of a product and decreasing its price so they attract customers and also save the customers extra spending on a product will lead to economic
Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).
There has been a large amount of attention paid to the subject of entrepreneurship in the last few years; mainly because most people have chosen to go from working for somebody else, to be their own bosses and work for their dreams. Nevertheless, many still wonder what is entrepreneurship and what is that sets entrepreneurs apart from other regular business owners. At first, it seems both concepts do not differ much from each other since they both start up and run businesses and assume risks to pursue opportunities; however, there are certain traits that difference them.
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.
The success of a business is greatly dependent on its entrepreneur. An entrepreneur is someone who takes the financial risk of starting and managing a new business venture. In order to be a successful entrepreneur, one must be ready to take a risk and invest one’s own savings into a business. The job requires that the individual be ambitious and committed to working hard in order to achieve the set targets. A successful entrepreneur is able to multi-task and communicates effectively with people, possessing leadership qualities such as confidence and motivation. The individual must play the role of constant motivator and inspire employees to improve their work performance, whilst ensuring a comfortable environment for the employees to work in. According to Schumpeter (1982), an entrepreneur is more of a ‘heroic’ than an ‘economic’ figure; his motivation should not solely be monetary, rather stemming more from inspiration and ambition.