Over the last few years, the topic of entrepreneurship has been garnering attention among schools, colleges and universities. With its recognition as a powerful tool for students to build their success upon, education in entrepreneurship is crucial. This begs the question: what is the best approach to teach entrepreneurship?
On 25 July 2024, The HEAD Foundation has partnered with the Singapore Education Consulting Group (SECG) to host the event titled “Best Practices in Entrepreneurship Education” under its Dialogues series. This event, moderated by Dr N Varaprasad, Principal Consultant at SECG, explored the complexity and challenges in entrepreneurship education, which ranged from the ecosystem necessary for nurturing talents, to the different approaches on how to adopt an entrepreneurship mindset.
Mr Inderjit Singh, president of the Global Startup Committee of the World Business Angel Forum, emphasised that entrepreneurship is an art and a science. He also elaborated on the high-level infrastructural ecosystem and environment necessary to support the development of an entrepreneurial mindset.
Next, Dr Kwabena Obiri Yeboah, a social entrepreneur and advocate for sustainable development and founder of Social Entrepreneurship Hub, chimed in to highlight a more intrapersonal approach, speaking about “Effectuation and Causation”. He firmly believes that an individual can and is in control of their own entrepreneurship journey. By utilising their own resources, an abundance of opportunities can be created.
Lastly, Mr Ramesh Krish Kumar, Senior Manager at Temasek Launchpad and Board Director at *SCAPE Singapore, shared his expertise on actionable strategies educators may consider in developing an entrepreneurial mindset. He emphasised on having more hands-on experiences to complement the theories in class. With an anchor to a real-world setting, students are more inspired and can better internalise the challenges of entrepreneurship, which builds resilience.
The insightful exchange among the panel underlined a consensus that entrepreneurship is not simply about starting a business, but a mindset individuals adopt as their lens to the world. Be it an educator or a student, with an entrepreneurship mindset, any challenge or obstacle may present themselves as opportunities for an individual’s personal growth and career development.
Disclaimer: The views expressed by the speakers in this webinar are their own and do not represent the opinions of The HEAD Foundation.
