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Why Entrepreneurship Education Trends Can Only Benefit Today’s College Students

The Close School’s resident sage sheds light on prospects for entrepreneurs in the U.S. job market.


December 4, 2014

By Dr. Roy Carriker

According to data from the Kauffman Foundation and the Thiel Fellowship, in 1975 colleges and universities were offering around 100 formal majors, minors and certificates in entrepreneurship.

By 2006, this figure had grown five-fold to around 500.

By 2008, more than 5,000 entrepreneurship courses were being taught by roughly 9,000 faculty and being taken by more than 400,000 students. This exploding interest in providing and receiving entrepreneurship education is being driven by the market realities of the growing importance of entrepreneurship in job creation and career decisions.

Why this matters:

The market is telling educators that entrepreneurship is going to become even more critical to future income creation — not only for national economies, but also for individuals.

The education system is responding to this growing trend by ramping up entrepreneurship offerings. However, remember this: As an individual making career decisions, you can respond to the market forces much more rapidly than the system can.

Even if you never intend to start an enterprise and no matter what your field of endeavor, the Close School of Entrepreneurship firmly believes “entrepreneurship” is a “habit of mind” and understanding the elements of entrepreneurship is an invaluable career asset.

So … tread on, learn more, and explore your possibilities.

Says Carriker: An entrepreneur friend of mine once told me: "Learn, earn, return." After 55 years of learning and earning around the world, I am returning.

Roy Carriker is a Teaching Professor and Director of Technology Entrepreneurship in the Charles D. Close School of Entrepreneurship. He is also a School of Biomedical Engineering, Science and Health Systems senior executive in residence.

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