Assessing The Students‘ Entrepreneurial Psychology & Mindset in Learning Businesses–A Descriptive Study

Dr.J.P.Kumar; Ms. A. Abirami

Volume : IV, Issue : IX, September - 2014

Assessing The Students‘ Entrepreneurial Psychology & Mindset in Learning Businesses–A Descriptive Study

Dr. J. P. Kumar, Ms. A. Abirami

Abstract :

Entrepreneurship is recognized as an important source of job growth and economic development of a country. The rate of growth for entrepreneurship varies from country to country as well as from time to time for the same country. For developed economies, entrepreneurial activity (new venture formation) is a means of revitalizing economy, a way of coping with unemployment problems, a potential catalyst and incubator for technological progress, product and market innovation. The purpose of this paper is to explore the entrepreneurial mindset and psychology of students after following an entrepreneurship education– business learning course. The paper discusses practical implications for university entrepreneurship learning and produces an entrepreneurial portfolio to guide students to have an entrepreneurial mindset. It is also important to understand that for an entrepreneurial mindset to be considered as an essential aspect of entrepreneurship learning, the educators need to have a good understanding of what it means and how it might be taught. Their experiences enable us to clarify the meaning of an “entrepreneurial mindset” in a creative way by performing the underlying context in higher education and to make suggestions about teaching and learning. The results indicated that student’s attitude toward entrepreneurship was affected by environment cognition and personal traits, which indirectly affects the entrepreneurship learning.