© Copyright 2009 – Engaging Young People for Societal Change - Entrepreneurship education and training programs Christian Vintergaard, PhD, CEO

© Copyright 2009 – The western world is challenged !!

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Possession of knowledge is not a competitive factor alone !!

© Copyright 2009 – The future belongs to those how can innovate!!

© Copyright 2009 – Teach our students to be innovative through entrepreneurship !!…

© Copyright 2009 – Why study entrepreneurship?

© Copyright 2009 – Does entrepreneurship education matter? Entrepreneurshi p education 300% more Entrepreneurs 27 % more Wages Resources 62 % more …and because: - its fun!! - it is an other career path ! - reveals more value in other fields of study ( Charney & Libecap, 2000) 30-70% of net job creation 95% of radical innovations Social change

© Copyright 2009 – The role of the university has significantly changed

© Copyright 2009 – Universities: Engines for regional growth Foundation for new venture creation in addition to their traditional role as research and teaching institutions New names for this kind of entrepreneurship –academic entrepreneurship (Powers et al., 2004) –faculty entrepreneurship (Chrisman et al., 1995). Spin off their research as new firms Foundation of the entrepreneurial university -> broad spectrum of entrepreneurship courses

© Copyright 2009 – Problems Most universities lack resources and competencies for entrepreneurship teaching –Organizational inertia (teaching job-taking) –Students do not see themselves as ent. Main competence of the university is still teaching and accumulating knowledge No comprehensive set of entrepreneurship courses (specialized courses)

© Copyright 2009 – A solution In regions with densely located universities, collective educational efforts can have positive coordination effects –Satisfying the needs of a large volume of students with diverse backgrounds –Enhance the supply of entrepreneurship courses –Each university can specialize Collaboration - swap : 1) students & 2) faculty An organization that coordinates and develops 1) skills among faculty and 2) need among students

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Partners Sponsors

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Highly educated population 11 universities with 150,000 students 6,500 PhD students 14,000 researchers

© Copyright 2009 – A competence center (in entrepreneurship education) which offers resources for the 11 member universities in the Øresund region. Øresund Entrepreneurship Academy unites and develops strong competencies and best practices in entrepreneurship education for the universities in the region. About Øresund Entrepreneurship Academy

© Copyright 2009 – Venture Capital market 15% of university students in the Øresund Region participate in entrepreneurshi p education in 2015 Growth, new firm creation, and regional growth Entrepreneurial culture Competent professors Supply and quality in entrepreneurship education Demand for entrepreneurship education Incubators International relations Strong research Effective technologic al transfer Tax law Patent law Good infrastructur e Campaigns Teach the teacher Student networks Business interest organizations University system Private business

© Copyright 2009 – Øresund Entrepreneurship Academy supplies: Teachers/ lectures –Teach-the-teacher workshops –Conferences and seminars on entrepreneurship education –Counseling and support for developing new courses in ent. –Network to international relations –New professors Students –Search engine containing all entrepreneurship courses in the region –Competitions –Parties and events –Network with students-organizations –Campaigns (Social entrepreneurship, Corporate Entrepreneurship etc) Business people –Business network: Minerva Bridge. Contribute to entrepreneurship teaching. –Conferences and seminars

© Copyright 2009 – Campaigns Web hits/ months Web hits/ months PR 10+ TV/Radio 300+ Newspapers 30+ Magazines PR 10+ TV/Radio 300+ Newspapers 30+ Magazines Supply and quality of entrepreneurship education Demand for entrepreneurship education Parties and Events Teach the teacher Fund 70+ Courses Fund 70+ Courses Competence 30+ courses Competence 30+ courses Development of competence and interests Growth, new firm creation, and regional growth Network 200+ Presentations 500+ meetings Network 200+ Presentations 500+ meetings

© Copyright 2009 – Goal: 15% of university students in the Øresund Region participate in entrepreneurship education in 2015

© Copyright 2009 – Percentage of university students who participate in entrepreneurship education in the Øresund Region

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Socialt entrepreneurship Cristina Husmark Pehrsson, svensk socialförsäkringsminister

© Copyright 2009 – The “Øresund Entrepreneurship Academy Education Matrix” Intrapreneurshi p Entrepreneurshi p Financing La w Practic e Interactiv e Multi- disciplinar y Internation al Idea Beginnin g Growth Running Entrepreneurship Content Entrepreneurship Pedagogies Project Maturity Business- plans Seed Capital Creativity In large firms Creativity Spin-offs IPR Private equity International operations Business- planning Pre-seed Capital Many different pedagogies for teaching the subjects

© Copyright 2009 – Statistics

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