Future Trends In Entrepreneurship Education
This piece is a guest post by Career Karma.
Over the last two decades, entrepreneurship education has surged in popularity across different levels. This branch of education focuses on providing learners with the knowledge they need to become successful entrepreneurs in the future. Rather than training them to be assimilated by the all-powerful capitalist system, educators give students the skills and motivation they need to survive the competitive entrepreneurship industry after school.
According to several studies, students who receive entrepreneurship education are more likely to become successful entrepreneurs compared to those who had entrepreneur parents. To explore this exciting topic further, here are some trends in entrepreneurship education that will shape the future.
1. Technology and Innovation
You shouldn't be surprised that technology and innovation are the first trends on this list. The technology industry is shaping every aspect of education and entrepreneurship education isn't left out. Schools across the globe now teach students how to develop mobile applications, web applications, and how to code generally. Even people who aren't students have access to online IT resources. You can learn how to become a web developer from the comfort of your home. Rather than simply teaching students tech skills, schools teach them how to earn money with their IT skills and build companies that will be worth billions of dollars in the future. All it takes is coding skills, the right app idea, resources, and skilful guidance.
2. Adoption and Integration
Even if the entrepreneurship education trend is becoming more popular by the day a lot of work still needs to be done for global adoption to be achieved. There are courses for everyone, from the youngest to the oldest student in school. However, integrating this branch of education into different curriculums across the globe is still challenging. The good news is that it is gaining ground all over the world. Countries like China and the United States have added many entrepreneurship programs to their curriculums. Even the European Commission has urged member countries to implement entrepreneurship programs in their education system because of its numerous benefits.
3. Promoting Inclusion
According to the Global Entrepreneurship Monitor, there are over 252 million female entrepreneurs in the world today. While this number appears impressive, it is still not as high as the number of male entrepreneurs across the globe. This doesn't mean that females are not as innovative as men. Other challenges hold them back, like family life and lack of opportunities. One of the trends in the entrepreneurship education industry is promoting the inclusion of all genders. All the programs, resources, and opportunities in entrepreneurship education should be open to men and women equally.
4. Promoting Cultural Diversity
Inclusion is one thing, but diversity is a whole different aspect of entrepreneurship education that is gaining ground. In the United States, white people are more likely to become entrepreneurs than African Americans or any other race. While 11.1 percent of all white people are successful business owners, only 5.1 percent of Black people can say the same. On average, white-owned businesses are more successful in the United States. Proponents of entrepreneurship education are already trying to bridge this diversity gap. One way this is being done is by ensuring that minorities have the same entrepreneurship education curriculum as white communities.
5. Makerspaces Are a Trend
While the digitization of the world remains the trend, entrepreneurship education continues to promote a hands-on approach to learning. Schools are creating makerspaces where students can explore their creativity. Think about a makerspace as a community-powered workspace. Students are grouped in these makerspaces according to their interests. Each person can focus on individual projects, but there is usually an exchange of ideas in a typical makerspace. The theme can range from electronic or digital art to science, machining, or technology. The best part about makerspaces is that there is no age bracket for groups. There can be a preschool makerspace, a 5th-grade makerspace, or one for college students interested in coding. Even workers are starting to collaborate in makerspaces.
The entrepreneurship education sector has just started to scratch the surface. In the next few decades, every student will have to pass core entrepreneurship courses before they can graduate from school. This curriculum addresses the four key types of entrepreneurship: small business, scalable startup, large company, and social entrepreneurship. With the right guidance and resources, people from different ethnic groups, races, and backgrounds will have the knowledge they need to become successful business owners.
This piece is a guest post by Career Karma, a startup from California offering career advice and mentorship.