The Study of Significance of Formal Education in Promoting Entrepreneurial Spirit
Abstract
Entrepreneurs usually have leadership skills, drive, creativity and an extreme desire to succeed in their own business. These individuals are also risk takers. People who do not possess at least some of these traits may not have what it takes to become an entrepreneur. However, without the proper formal education, all the talent in the world may not be enough. There are certain courses that individuals should take to learn how to run their own business. Moreover, there are MBA (Master of Business Administration) degrees that are specifically designed for the aspiring entrepreneur. According to Karam Lakshman, program
References
http://dx.doi.org/10.4067/S0718-27242013000100001
2. Arthur, S. J., Hisrich, R. D., & Cabrera, Á. 2012. The Importance of Formal education in the Entrepreneurial Process: A World View. Journal of Small Business and Enterprise Development, 19(3): 500-514.
http://dx.doi.org/10.1108/14626001211250180
3. Dearborn, J. 2012. The Unexpected Value of Teaching Entrepreneurship. Huffington Post. June 11, 2014:
http://www.huffingtonpost.com/john-dearborn/entrepreneurship_b_1881096.html
4. Drucker, P. F., & Drucker, P. F. 2007. Innovation and Entrepreneurship: Practice and Principles. Routledge.
5. Dutta, S. 2012. Entrepreneurship and Global Competitiveness: A Study on India. Indian Journal of Industrial Relations, 47(4): 617-33.
6. Harrison, J. D. 2014. Can You Really Teach Entrepreneurship? Washington Post. June 11, 2014:
http://www.washingtonpost.com/business/on-small-business/can-you-really-...
7. Hultman, C. M., & Hills, G. E. 2011. Influence from Entrepreneurship in Marketing Theory. Journal of Research in Marketing and Entrepreneurship, 13(2): 120-125.
8. Mutsuddi, I. 2012. Relevance of Entrepreneurship Cells in Technical Institutes and Business Schools. The IUP Journal of Entrepreneurship Development, 9(3): 58-71.
9. Pittaway, L., & Cope, J. 2007. Entrepreneurship Formal education: A Systematic Review of the Evidence. International Small Business Journal, 25(5): 479-510.
http://dx.doi.org/10.1177/0266242607080656
10. Raichaudhuri, A. 2005. Issues in Entrepreneurship Formal education. Decision (0304-0941), 32(2): 73-84.
11. Shankar, R. 2012. Entrepreneurship: Theory and Practice. India: Tata McGraw Hill
12. Swami, S., & Porwal, R. K. 2005. Entrepreneurship, Innovation and Marketing: Conceptualization of Critical Linkages. Journal of Advances in Management Research, 2(2): 54-69.
http://dx.doi.org/10.1108/97279810580000378
13. Todd, P. R., & Javalgi, R. R. G. 2007. Internationalization of SMEs in India: Fostering Entrepreneurship by Leveraging Information Technology. International Journal of Emerging Markets, 2(2): 166-180.
http://dx.doi.org/10.1108/17468800710739234
14. Venkatachalam, V. B., & Waqif, A. 2005. Outlook on Integrating Entrepreneurship in Management Formal education in India. Decision (0304-0941), 32(2): 57.
In submitting the manuscript to the Central Asian Journal of Innovations on Tourism Management and Finance, the authors certify that:
- They are authorized by their co-authors to enter into these arrangements.
- The work described has not been formally published before, except in the form of an abstract or as part of a published lecture, review, thesis, or overlay journal.
- That it is not under consideration for publication elsewhere,
- The publication has been approved by the author(s) and by responsible authorities – tacitly or explicitly – of the institutes where the work has been carried out.
- They secure the right to reproduce any material that has already been published or copyrighted elsewhere.
- They agree to the following license and copyright agreement.
License and Copyright Agreement
Authors who publish with Central Asian Journal of Innovations on Tourism Management and Finance agree to the following terms:
- Authors retain copyright and grant the Central Asian Journal of Innovations on Tourism Management and Finance right of first publication with the work simultaneously licensed under Creative Commons Attribution License (CC BY 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the Central Asian Journal of Innovations on Tourism Management and Finance published version of the work (e.g., post it to an institutional repository or edit it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.