Small & medium business

Is enterprise education the key to building better business in Britain?

Author: Hannah Gilchrist
Date: 12/03/2010

Some people are born entrepreneurs, while others make it to the top through sheer hard work and determination. But can educating school children really help to boost Britain’s future?

According to a report published by the Global Entrepreneurship Monitor entrepreneurship education is a key factor in influencing people to start their own businesses. However the creation of such schemes is seen as inadequate.

Only 18 per cent of adults have received any type of enterprise education in the UK, and this number only rises to 21 per cent across the 38 countries when quizzed as part of the research. So what’s going wrong?

While traditional subjects are dying out, there is a case for introducing more vocational courses built around an individual’s future potential. Will physics play a significant part in the life of a businessman, or should you let young adults decide this for themselves?

A course in entrepreneurialism is a great way to get set for the real world but surely old-fashioned subjects are the foundations on which to build a business mind?

Report co-author and Babson Professor Donna Kelley definitely believes that training at a young age cultivates an entrepreneurial spirit early on. Do you agree?

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