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Entrepreneurship education/training

Parent terms: Enterprise, Education, Training

A training scheme to develop persons for self-employment or for organizing, financing and/or managing an enterprise.
Source: TESDA 2010, Philippines
Entrepreneurship education has been defined as “a collection of formalized teachings that informs, trains, and educates anyone interested in participating in socioeconomic development through a project to promote entrepreneurship awareness, business creation, or small business development”. [...]
Enterprise education (also called entrepreneurial education on the other hand, is usually conceived more broadly, seeking to foster self-esteem and confidence by drawing on the individual’s talents and creativity, while building the relevant skills and values that will assist students in expanding their perspectives on schooling and opportunities beyond. Methodologies are based on the use of personal, behavioural, motivational, attitudinal and career planning activities.
Source: UNESCO/ILO 2006, Global
For the purpose of this guidance, enterprise education is defined as the process of equipping students (or graduates) with an enhanced capacity to generate ideas and the skills to make them happen. Entrepreneurship education equips students with the additional knowledge, attributes and capabilities required to apply these abilities in the context of setting up a new venture or business.
All of this is a prerequisite for entrepreneurial effectiveness, that is, the ability to function effectively as an entrepreneur or in an entrepreneurial capacity, for example within small businesses or as part of 'portfolio careers, where multiple job opportunities, part time work and personal ventures combine'. Enterprise and entrepreneurship are transdisciplinary, with a strong connection to issues of employability, innovation, knowledge transfer, commercialisation, and intellectual property.
Source: QAA 2012, UK
The ability to create and build something practically from nothing. It is willingness to take calculated risks and then do everything possible .
Source: Ministry of Labour 2005, Jordan
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Related terms

 Teach a man to fish - Education that pays for itself

Teach a man to fish - Education that pays for itself (en español)

Teach a man to fish - Education that pays for itself (en français)

Further reading: Entrepreneurship education
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