Top

Published in:

2024 | OriginalPaper | Chapter

6. Towards an Integrative Model of Innovative Entrepreneurship Education for Institutional Sustainability

Authors : Mercy Ejovwokeoghene Ogbari, George Uzoma K. Chima, Favour Oluwabukola Olarewaju, Maxwell Ayodele Olokundun, Daniel E. Ufua

Published in: Innovation, Entrepreneurship and the Informal Economy in Sub–Saharan Africa

Publisher: Springer Nature Switzerland

Activate our intelligent search to find suitable subject content or patents.

search-config

AI-assisted search

Off

Abstract

This paper advocates and posits the Integrative Model of Innovative Entrepreneurship Education (IMIEE). This is achievable by exploring entrepreneurship from the angle of educating students and aspiring entrepreneurs to become innovative entrepreneurs rather than being imitative and non-disruptive. However, given the current overly theoretical nature of teaching schemes across higher institutions today, curriculum needs to be completely overhauled to incorporate more innovative approach of practical and hands-on experiences that fosters innovative entrepreneurial practice. An integrative model for innovative entrepreneurship education becomes imperative for insight and guidance for pedagogy and practice in a way that drives institutional sustainability. Thus, this theoretical paper contributes to existing literature by analysing various empirical works and previous models such as the Design Thinking Approach, D.I.S.R.U.P.T, the Experiential model, and National Innovation Systems (NIS). Some shortcomings in previous models inform the need to posit an integrative model that synthesises vital elements.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

previous chapter Informality in Africa in Relation to Sustainable Development Goals 8 and 9: Framework for Innovation and Sustainable Industrialization

next chapter Entrepreneurial Ecosystem and the Role of Telecom Multinationals in Achieving SDG 9 in Developing Economies

Adegbuyi, A. A., Adegbuyi, O. A., Ogunnaike, O. O., Ibidunni, A. S., & Fadeyi, O. I. (2018). Role of learning orientation on Smes’ performance: Empirical evidence from SMEs in Nigeria. Journal of Entrepreneurship Education, 21(4), 1–6.

Akhmetshin, E. M., Mueller, J. E., Yumashev, A. V., Kozachek, A. V., Prikhodko, A. N., & Safonova, E. E. (2019). Acquisition of entrepreneurial skills and competences: Curriculum development and evaluation for higher education. Journal of Entrepreneurship Education, 22(1), 1–12.

Baumöl, W. J. (2004). Education for innovation: Entrepreneurial breakthroughs vs. corporate incremental improvements. Working Paper 10578. National Bureau of Economic Research.

Baumöl, W. J., Litan, R. E., & Schramm, C. J. (2007a). Good capitalism, bad capitalism, and the economics of growth and prosperity. Yale University Press.CrossRef

Baumöl, W. J., Litan, R. E., & Schramm, C. J. (2007b). Sustaining entrepreneurial capitalism. Capitalism and Society, 2(2), Article 1. http://www.bepress.com/cas/vol2/iss2/art1

Baumöl, W. J. (2010). The microtheory of innovative entrepreneurship. Princeton University Press.CrossRef

Block, J. H., Fisch, C. O., & Van Praag, M. (2017). The Schumpeterian entrepreneur: A review of the empirical evidence on the antecedents, behaviour, and consequences of innovative entrepreneurship. Industry and Innovation, 24(1), 61–95.CrossRef

Brawer, F. B. (1997). Simulation as a vehicle in entrepreneurship education. Digest No. 97–1, Center for Entrepreneurial Leadership Clearinghouse on Entrepreneurship Education. Kauffman Center for Entrepreneurial Leadership.

Carlsson, B., Jacobsson, S., Holmén, M., & Rickne, A. (2002). Innovation systems: Analytical and methodological issues. Research Policy, 31, 233–245.CrossRef

Cantillon, R. (1755). Essai sur la Nature de Commerce en General. Chez Fletcher Gyles.

Chilosi, A. (2001). Entrepreneurship and transition. MOCT-MOST: Economic Policy in Transitional Economies, 11, 327–357.

Chima, G. U. K. (2016). New leadership approach: Paradigm shift (1st ed). Lumen Impact Communication 2084089. ISBN: 978-978-953-790-7.

Christensen, C. M. (2006). The ongoing process of building a theory of disruption. Journal of Product Innovation Management, 23, 39–55.CrossRef

Colyvas, J. A., & Powell, W. W. (2007). From vulnerable to vulnerated: The institutionalization of academic entrepreneurship in the life sciences. Research in the Sociology of Organizations, 25, 219–259.CrossRef

Csikszentmihalyi, M. (1987). Das flow-Erlebnis: jenseits von Angst und Langeweile: im Tun aufgehen (The flow experience: beyond fear and boredom: immerse yourself in the action). Klett-Cotta.

de Jong, J. P., & Marsili, O. (2015). The distribution of Schumpeterian and Kirznerian opportunities. Small Business Economics, 44, 19–35.

Dhliwayo, S. (2008). Experiential learning in entrepreneurship education: A prospective model for South African tertiary institutions. Education+ training, 50(4), 329–340.

Dijksterhuis, E., & Silvius, G. (2017). The Design Thinking approach to projects. The Journal of Modern Project Management, 4(3).

Donckels, R. (1991). Education and entrepreneurship experiences from secondary and university education in Belgium. Journal of Small Business and Entrepreneurship, 9(1), 35–42.CrossRef

Faltin, G. (1999). Competencies for innovative entrepreneurship. M. Singh, Adult Learning and the Future of Work, 189–197.

Faltin, G. (2001). Creating a culture of innovative entrepreneurship. Journal of International Business and Economy, 2(1), 123–140.CrossRef

Gabr, H., & Hoffman, A. (2006). A general policy framework for entrepreneurship. FORA, Division for Research and Analysis. Ministry of Business and Economic Affairs.

Gibb, A. (1996a). The Role of Education and Training in Small and Medium Enterprise (SME) Development (manuscript).

Gibb, A. A. (1996b). Entrepreneurship and small business management: Can we afford to neglect them in the twenty-first century business school? British Journal of Management, 7(4), 3.CrossRef

Goedhuys, M., & Sleuwaegen, L. (2010). High-growth entrepreneurial firms in Africa: A quantile regression approach. Small Business Economics, 34(1), 31–51.CrossRef

Gorman, G., Hanlon, D., & King, W. (1997). Some research perspectives on entrepreneurship education, enterprise education and education for small business management: A ten-year literature review. International Small Business Journal, 15(3), 56–78.CrossRef

Helpman, E. (2004). The mystery of economic growth. Harvard University Press.

Hills, G. E. (1988). Variations in university entrepreneurship education: An empirical study of an evo field. Journal of Business Venturing, 3, 109–122.CrossRef

Hinterhuber, H. H. (1992). Strategische Unternehmensführung.

Hoffman, A. (2005). Innovation monitor 2005: Denmark’s innovation capacity – from benchmarking to policy priorities. FORA, Division for Research and Analysis, Ministry of Business and Economic Affairs.

Ivanov, V. G., Akhmetgareev, R. A., & Varaksin, V. E. (2011). Competence model of formation of readiness for future professionals to innovative professional activities in the “high school - the troops.” Herald Kazan State Technological University, 4, 242–244.

Ivanov, V. G., Shaidullina, A. R., Drovnikov, A. S., Yakovlev, S. A., & Masalimova, A. R. (2015). Regional experience of students’ innovative and entrepreneurial competence forming. Review of European Studies, 7, 35.

Kauffman Panel on Entrepreneurship Curriculum in Higher Education. (2008). Entrepreneurship in American higher education. Kauffman Foundation.

Kirzner, I. M. (1973). Competition and entrepreneurship. University of Chicago Press.

Klatt, L. A. (1988). A study of small business/entrepreneurial education in colleges and universities. The Journal of Private Enterprise, 4, 103–108.

Kourilsky, M. L., & Esfandiari, M. (1997). Entrepreneurship education and lower socioeconomic black youth: An empirical investigation. The Urban Review, 29(3), 205–215.CrossRef

Kolb, D. A. (1984). Experiential learning: Experience as the source of learning and development. Prentice-Hall, Inc.

Kourilsky, M. L., & Walstad, W. B. (2000). The E generation: Prepared for the entrepreneurial economy? Kendall/Hunt Publishing Company.

Kuratko, D. F. (2005). The emergence of entrepreneurship education: Development, trends, and challenges. Entrepreneurship Theory and Practice, 29(5), 577–597.CrossRef

Lawal, F. A., Iyiola, O. O., & Adegbuyi, O. A. (2018). Exploring alternative financing for entrepreneurship development in Nigeria: Surmounting challenges. Journal of Entrepreneurship Education, 21(2), 1–11.

Liedtka, J., King, A., & Bennett, K. (2013). Solving problems with design thinking: Ten stories of what works. Columbia University Press.

Lundvall, B. A. (Ed.). (1992). National systems of innovation: Towards a theory of innovation and interactive learning. Pinter Publishers.

Lundvall, B., Johnson, B., Andersen, E. S., & Dalum, B. (2002). National systems of production, innovation and competence building. Research Policy, 31, 213–231.CrossRef

Mars, M. M., & Lounsbury, M. (2009). Raging against or with the private marketplace? Logic hybridity and eco-entrepreneurship. Journal of Management Inquiry, 18(1), 4–13.CrossRef

Mars, M. M., Slaughter, S., & Rhoades, G. (2008). The state-sponsored student entrepreneur. The Journal of Higher Education, 79(6), 638–670.CrossRef

Mayhew, M. J., Simonoff, J. S., Baumöl, W. J., Wiesenfeld, B. M., & Klein, M. W. (2012). Exploring innovative entrepreneurship and its ties to higher educational experiences. Research in Higher Education, 53(8), 831–859.CrossRef

McCarthy, M. (2016). Experiential learning theory: From theory to practice. Journal of Business & Economics Research, 14(3), 91–99.

Morgan, G. (1991). Emerging waves and challenges: The need for new competencies and mindsets. In J. Henry (Ed.), Creative Management.

Moses, C., Akinbode, M., Olokundun, A. M., & Agboola, M. G. (2015). Entrepreneurship education and action-oriented pedagogical approaches. International Journal of Educational Science and Research, 5(5), 53–60.

Ndofirepi, T. M. (2016). The impact of technological creativity and entrepreneurship education on the entrepreneurship intentions of students at particular tertiary institutions in Zimbabwe and South Africa. Doctoral dissertation. Central University of Technology, Free State.

OECD. (1997). National Innovation Systems.

OECD. (2005). Innovation policy and performance: Across-country comparison. Author.

Ogbari, M. E., Olokundun, A. M., Ibidunni, A. S., & Obi, J. N. (2019). Imperatives of Entrepreneurship Development Studies on University Reputation in Nigeria. Journal of Entrepreneurship Education, 22(2), 1–10.

Olarewaju, F. O., & Olurinola, I. O. (2021). Educational Attainment and Health Outcomes in Nigeria: A Survey from NDHS (2008 & 2013). Scholars Journal of Science and Technology, 2(1), 247–257.

Olokundun, A. M., Ibidunni, A. S., Peter, F., Amaihian, A. B., Moses, C., & Iyiola, O. O. (2017). Experiential pedagogy and shared vision: A focus on identification of business opportunities by Nigerian University Students. Journal of Entrepreneurship Education, 20(2), 1–12.

Olokundun, M., Iyiola, O., Ibidunni, S., Ogbari, M., Falola, H., Salau, O., Peter, F., & Borishade, T. (2018a). Data article on the effectiveness of entrepreneurship curriculum contents on entrepreneurial interest and knowledge of Nigerian university students. Data in Brief, 18, 60–65.CrossRef

Olokundun, M., Moses, C. L., Iyiola, O., Ibidunni, S., Ogbari, M., Peter, F., & Borishade, T. (2018b). The effect of non-traditional teaching methods in entrepreneurship education on students’ entrepreneurial interest and business startups: A data article. Data in Brief, 19, 16–20.CrossRef

Osipov, P. N. (2006). Vocational education and labor market: Cooperation. Kazan Pedagogical Journal, 2, 10–13.

Plaschka, G. R., & Welsch, H. P. (1990). Emerging structures in entrepreneurship education: Curricula designs and strategies. Entrepreneurship Theory and Practice, 14(3), 55–71.CrossRef

Rabbior, G. (1990). Elements of a successful entrepreneurship/economics/education program. In C. A. Kent (Ed.), Entrepreneurship education: Current developments, future directions (pp. 53–65). Greenwood Publishing Group.

Rauth, I., Carlgren, L., & Elmquist, M. (2015). Making it happen: Legitimizing Design Thinking in large organizations. Design Management Journal, 8(3), 47–60.

Randall, R., & Liedtka, J. (2014). Innovative ways companies are using design thinking. Strategy & Leadership.

Ronstadt, R. (1987). The educated entrepreneurs: A new era of entrepreneurial education is beginning. American Journal of Small Business, 7(4), 37.CrossRef

Say, J. B. (1827). A treatise on political economy. 1803 (C. R. Prinsep & C. C. Biddle, Trans., 3rd American edition). John Grigg.

Schumpeter, J. A. (1936). The theory of economic development. 1911 (R. Opie, Trans.). Harvard University Press.

Schumpeter, J. (1993). Theorie der wirtschaftlichen Entwicklung. 8th Edition (unchanged version of the fourth edition, which was published in 1934). Berlin.

Scott, M. G., & Twomey, D. F. (1998). The long-term supply of entrepreneurs: Student’s career aspirations in relation to entrepreneurship. Journal of Small Business Management, 26(4), 5–13.

Solomon, G. T., Weaver, K. M., & Fernald, L. W., Jr. (1994). Pedagogical methods of teaching entrepreneurship: A historical perspective. Simulation and Gaming, 25(3), 338–353.CrossRef

Stumpf, S. S., Dunbar, L., & Mullen, T. P. (1991). Simulations in entrepreneurship education: Oxymoron or untapped opportunity? Frontiers of Entrepreneurship Research, 11, 681–694.

Szirmai, A., Naudé, W., & Goedhuys, M. (Eds.). (2011). Entrepreneurship, innovation, and economic development. Oxford University Press.

Tidd, J., Bassat, J., & Pavitt, K. (1997). Managing innovation. Chichester. John Wiley & Sons.

Timmons, J. (1994). New Venture Creation. Entrepreneurship in the 1990s (4th ed.). Boston.

Ukenna, S. (2009). Entrepreneurship: Overcoming the risk inertia. Madonna University Journal of Research in Business Administration and Management, 1(1), 61–68.

Ukenna, S. I., & Nkamnebe, A. D. (2017). Sustainable consumption behavior in Sub-Saharan Africa: A conceptual framework. Thunderbird International Business Review, 59(1), 33–50.CrossRef

Undiyaundeye, F. (2015). Entrepreneurship skills acquisition and the benefits amongst the undergraduate students in Nigeria. European Journal of Social Science Education and Research, 2(3), 9–14.CrossRef

van der Sluis, J., van Praag, M., & Vijverberg, W. (2005). Entrepreneurship selection and performance: A meta-analysis of the impact of education in developing economies. The World Bank Economic Review, 9(2), 25–261.

Vesper, K. H. (1993). New Venture Mechanics. Prentice Hall.

Vesper, K. H., & McMullan, W. E. (1988). Entrepreneurship: Today courses, tomorrow degrees? Entrepreneurship: Theory & Practice, 13, 7–13.

Weaver, M., Dickson, P., & Solomon, G. (2006). Entrepreneurship and education: What is known and not known about the links between education and entrepreneurial activity. In The small business economy for data year 2005: A report to the president (pp. 113–156). U.S. Small Business Administration.

Zeithaml, C. P., & Rice Jr, G. H. (1987). Entrepreneurship/small business education in American universities. Journal of Small Business Management, 25(1), 44.

Title: Towards an Integrative Model of Innovative Entrepreneurship Education for Institutional Sustainability
Authors: Mercy Ejovwokeoghene Ogbari
George Uzoma K. Chima
Favour Oluwabukola Olarewaju
Maxwell Ayodele Olokundun
Daniel E. Ufua
Publisher: Springer Nature Switzerland
Book: Innovation, Entrepreneurship and the Informal Economy in Sub–Saharan Africa
Print ISBN: 978-3-031-46292-4

Electronic ISBN: 978-3-031-46293-1

Copyright Year: 2024
DOI: https://doi.org/10.1007/978-3-031-46293-1_6