Business is booming
Ted Nielsen
Issue date: 4/21/09 Section: Career
Are you planning to start your own business one day? If so, you are certainly not alone. According to a poll study performed by researchers from Indiana University, the number of entrepreneurship programs offered at universities from across the country has increased by more than 700 percent over the last twenty years. In 1980, only 300 schools were recorded offering entrepreneurial curriculum, and now that number exceeds 2,200. Why the drastic increase?
In recent studies taken by the Kauffman Foundation, said to be "the world's largest foundation dedicated to entrepreneurship," six out of ten adults profess a desire to launch a business. This poll is reflected within the entrepreneurial field's high numbers of academic enrollment, though one must not forget the copious business owners who went the way of 'street education,' proving themselves to be no less successful than those schooled in a classroom. In fact, some professionals argue that the genuine skills essential for success when innovating one's own business cannot be taught in schools, but must be learned through real world exposure and experimentation.
From this squabble of textbook versus unorthodox lessons, comes a demand for schools to search for business professors who possess personal experience and have the ability to instruct beyond the textbook to offer students both credible and pragmatic advice. Researchers from Indiana University found that the more esteemed schools offering studies in entrepreneurship had a noticeably higher number of staff with backgrounds as business owners, giving the students the advantage of obtaining sensible counsel from experienced individuals.
Despite the probable truth that there exist certain lessons of practicality that cannot be absorbed from textbooks or lectures, universities can undoubtedly prepare potential businessmen and women with skills in handling finances, developing innovations, managing taxes, and dozens of other economical dexterities.
In recent studies taken by the Kauffman Foundation, said to be "the world's largest foundation dedicated to entrepreneurship," six out of ten adults profess a desire to launch a business. This poll is reflected within the entrepreneurial field's high numbers of academic enrollment, though one must not forget the copious business owners who went the way of 'street education,' proving themselves to be no less successful than those schooled in a classroom. In fact, some professionals argue that the genuine skills essential for success when innovating one's own business cannot be taught in schools, but must be learned through real world exposure and experimentation.
From this squabble of textbook versus unorthodox lessons, comes a demand for schools to search for business professors who possess personal experience and have the ability to instruct beyond the textbook to offer students both credible and pragmatic advice. Researchers from Indiana University found that the more esteemed schools offering studies in entrepreneurship had a noticeably higher number of staff with backgrounds as business owners, giving the students the advantage of obtaining sensible counsel from experienced individuals.
Despite the probable truth that there exist certain lessons of practicality that cannot be absorbed from textbooks or lectures, universities can undoubtedly prepare potential businessmen and women with skills in handling finances, developing innovations, managing taxes, and dozens of other economical dexterities.
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