Enhancing self-efficacy to enable entrepreneurship: The case of CMI’s Connections

Enhancing levels of innovation and entrepreneurship to grow a more competitive economy is the focus of much government effort. Attention is paid to changing a culture seen as antagonistic to entrepreneurship through initiatives designed to promote an entrepreneurial spirit. Universities, aware of th...

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Main Authors: Lucas, William A., Cooper, Sarah Y.
Format: Working Paper
Language:en_US
Published: 2005
Subjects:
Online Access:http://hdl.handle.net/1721.1/18178
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author Lucas, William A.
Cooper, Sarah Y.
author_facet Lucas, William A.
Cooper, Sarah Y.
author_sort Lucas, William A.
collection MIT
description Enhancing levels of innovation and entrepreneurship to grow a more competitive economy is the focus of much government effort. Attention is paid to changing a culture seen as antagonistic to entrepreneurship through initiatives designed to promote an entrepreneurial spirit. Universities, aware of the importance of developing entrepreneurial potential, are focusing on equipping students with the skills and abilities to contribute to innovation within organisations they join upon graduation, while also providing opportunities for the development of student aspirations. Cambridge-MIT Institute (CMI) has developed a one week event designed to influence deep personal values and the underlying motivations of potential entrepreneurs. This paper reports on the Connections course content as it was offered at the University of Strathclyde in 2003, content premised on the belief that students are motivated to start new enterprises through enhancement of self-confidence in their entrepreneurial skills. Measures of entrepreneurial self-efficacy and other outcomes are offered, followed by a report of the results found at the end of the event and then six months later. The programme is found to have created enduring improvements in entrepreneurial self-efficacy, and a related strengthening of pre-entrepreneurial awareness and exploration of ideas for starting companies. Other assessment results are presented suggesting the need to include explicit course content on entrepreneurial career paths. The implications of the Connections findings for entrepreneurship teaching in general are discussed.
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spelling mit-1721.1/181782019-04-12T08:40:51Z Enhancing self-efficacy to enable entrepreneurship: The case of CMI’s Connections Lucas, William A. Cooper, Sarah Y. entrepreneurship innovation entrepreneurial self-efficacy Enhancing levels of innovation and entrepreneurship to grow a more competitive economy is the focus of much government effort. Attention is paid to changing a culture seen as antagonistic to entrepreneurship through initiatives designed to promote an entrepreneurial spirit. Universities, aware of the importance of developing entrepreneurial potential, are focusing on equipping students with the skills and abilities to contribute to innovation within organisations they join upon graduation, while also providing opportunities for the development of student aspirations. Cambridge-MIT Institute (CMI) has developed a one week event designed to influence deep personal values and the underlying motivations of potential entrepreneurs. This paper reports on the Connections course content as it was offered at the University of Strathclyde in 2003, content premised on the belief that students are motivated to start new enterprises through enhancement of self-confidence in their entrepreneurial skills. Measures of entrepreneurial self-efficacy and other outcomes are offered, followed by a report of the results found at the end of the event and then six months later. The programme is found to have created enduring improvements in entrepreneurial self-efficacy, and a related strengthening of pre-entrepreneurial awareness and exploration of ideas for starting companies. Other assessment results are presented suggesting the need to include explicit course content on entrepreneurial career paths. The implications of the Connections findings for entrepreneurship teaching in general are discussed. 2005-07-08T17:05:13Z 2005-07-08T17:05:13Z 2005-07-08T17:05:13Z Working Paper http://hdl.handle.net/1721.1/18178 en_US MIT Sloan School of Management Working Paper 4489-04 162271 bytes application/pdf application/pdf
spellingShingle entrepreneurship
innovation
entrepreneurial self-efficacy
Lucas, William A.
Cooper, Sarah Y.
Enhancing self-efficacy to enable entrepreneurship: The case of CMI’s Connections
title Enhancing self-efficacy to enable entrepreneurship: The case of CMI’s Connections
title_full Enhancing self-efficacy to enable entrepreneurship: The case of CMI’s Connections
title_fullStr Enhancing self-efficacy to enable entrepreneurship: The case of CMI’s Connections
title_full_unstemmed Enhancing self-efficacy to enable entrepreneurship: The case of CMI’s Connections
title_short Enhancing self-efficacy to enable entrepreneurship: The case of CMI’s Connections
title_sort enhancing self efficacy to enable entrepreneurship the case of cmi s connections
topic entrepreneurship
innovation
entrepreneurial self-efficacy
url http://hdl.handle.net/1721.1/18178
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