The main impacts of individual entrepreneurship education measures and initiatives Impact on students Impact on the individual students9 entrepreneurial skills and attitudes is one of the best researched aspects of impact of entrepreneurship education. Many studies provided evidence of impact on the individual: Entrepreneurship education leads to enhanced entrepreneurial skills: Entrepreneurship programmes in Swiss VET schools were found to have a positive impact on students9 entrepreneurial skills such as the capacity to exploit an opportunity and develop business ideas, persuasiveness and leadership, team work, persistence, self-organisation, delegation of tasks, meeting deadlines and problem-solving. Entrepreneurship education helps to boost entrepreneurial attitudes and intentions: The study 8Business skills. A survey of JA-YE Participants9 found that almost one third (27%) of respondents claimed the programme made them change their plans for the future. Amongst those 27% about half of the students anticipated taking a different career path from what they thought before the course, 25% had become interested in/eager to launch their own business later, about 10% had a clearer view about the type of profession they wanted to follow and another 15% stated they would pursue a career in business. Entrepreneurship helps to boost career ambitions in general: Alumni from entrepreneurship programmes were more ambitious regarding occupations and Higher Education attendance than students in a control group, and were also more likely to take initiative and to take up leadership roles. Participation in the programme changed their career aspirations, impacted positively on taking up further education and boasted higher ambitions for jobs and/or entrepreneurial intentions. Pedagogic elements such as simulation and project-based learning were assessed very positively by teachers, volunteers and staff members. Students in JA-YE programmes considered simulation to be the most important learning element in understanding core economic concepts. Impact on the economy and society Evidence of impact on the economy and society was identified through enhanced employability of entrepreneurship education alumni. This is particularly well-documented for alumni of the company programme of Junior Achievement Sweden. Students who ran a training company between 1994- 1996 became much better established on the labour market than a control group: 12% of alumni have a higher annual income; 44% more alumni are in managerial positions; alumni have a 20% less likelihood of being unemployed; alumni have a 20% increased likelihood of becoming self-employed. Participation in entrepreneurship education also has a positive impact on company founding activity. Overall, studies show that participants create more start-ups and ventures than control groups: For instance, according to a study on the impact of entrepreneurship education programmes in higher education in the US, graduates who have taken entrepreneurship courses are about five times more likely to select 57
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