Entrepreneurship promotion at educational institutions : a model suitable for emerging economies

Part of : WSEAS transactions on business and economics ; Vol.5, No.2, 2008, pages 27-35

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27-35
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Abstract:
This paper discusses the role of educational institutions in promoting entrepreneurship and risk taking, particularly in conservative communities and cultures. Two main topics are discussed in this paper. The first is tailoring the academic program and all activities supporting it to serve the goal of promoting entrepreneurship. The second topic is to construct a particular form of incubators suitable for emerging economies which is financial resources bound. These incubators serve multiple functions, therefore, in addition to the traditional role of incubating potential-businesses; the other roles are serving as a training site for business-related and soft skills topics for students and serving as an expert house for the industry. This would promote the universities’ role in serving and prospering their communities impacting positively the emerging economy. Efforts related to these topics by a Jordanian University will be discussed as the case study.
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Keywords:
entrepreneurship, entrepreneur, business and academia, incubators, industry-university relationship, emerging economies, academic programs, developing countries
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