1. © Copyright 2008 – Christian.Vintergaard@oeacademy.org Regional Growth: Regional Model for Entrepreneurship Education Christian Vintergaard, PhD

2. © Copyright 2008 – Christian.Vintergaard@oeacademy.org Why study entrepreneurship?

3. © Copyright 2008 – Christian.Vintergaard@oeacademy.org Does entrepreneurship teaching matter? 150.000 students in the Øresunds- region Entrepreneurshi p courses 3-4% (2007) 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)

4. © Copyright 2008 – Christian.Vintergaard@oeacademy.org 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 and McDougall, 2004) –faculty entrepreneurship (Chrisman, Hynes and Fraser, 1995). Spin off their research as new firms Foundation of the entrepreneurial university -> broad spectrum of entrepreneurship courses

5. © Copyright 2008 – Christian.Vintergaard@oeacademy.org 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)

6. © Copyright 2008 – Christian.Vintergaard@oeacademy.org 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 and students have a large supply Collaboration - swap : 1)students & 2) faculty An organization that coordinates and develops the skills among faculty and need among students

7. © Copyright 2008 – Christian.Vintergaard@oeacademy.org

8. Partnere Sponsorer

9. © Copyright 2008 – Christian.Vintergaard@oeacademy.org

10. A competence center (in entrepreneurship education) which offers resources for the 12 member universities in the Øresund region. Located in Copenhagen (DK) and Lund (SE) Øresund Entrepreneurship Academy unites and develops strong competencies and best practices in entrepreneurship education for the universities in the region. –Unite and develop new entrepreneurship courses –Work with the students to spread the entrepreneurial spirit. The Øresund region’s large potential is in: –Start-up companies –Corporate entrepreneurship (and spin-offs) The academy will also help to fulfill regional and national goals: to be among the leading growing regions of the world About Øresund Entrepreneurship Academy

11. © Copyright 2008 – Christian.Vintergaard@oeacademy.org Øresund Entrepreneurship Academy supplies: Teachers/ lectures –Conferences and seminars –Teach-the-teacher workshops –Counseling and support for developing new courses –Network to international relations Students –Search engine containing all entrepreneurship courses in the region –Competitions –Parties and events –Network with students-organizations Business people –Business network: Minerva Bridge. A network of business people who contribute to entrepreneurship teaching. –Conferences and seminars

12. © Copyright 2008 – Christian.Vintergaard@oeacademy.org Campaigns Web 2000+ hits/ months Web 2000+ hits/ months PR 4+ TV/Radio 150+ Newspapers 20+ Magazines PR 4+ TV/Radio 150+ Newspapers 20+ Magazines Supply and quality of entrepreneurship education Demand for entrepreneurship education Parties and Events Teach the teacher Fund 30+ Courses Fund 30+ Courses Competence 30+ courses Competence 30+ courses Development of competence and interests Growth, new firm creation, and regional growth Network 100+ Presentations 250+ meetings Network 100+ Presentations 250+ meetings

13. © Copyright 2008 – Christian.Vintergaard@oeacademy.org Pedagogies: Practice and theory

14. © Copyright 2008 – Christian.Vintergaard@oeacademy.org A knives edge Theoretical and conceptual understanding without any relation to practice Practical understanding from a single setting Can the two be combined ? How could it be done?

15. © Copyright 2008 – Christian.Vintergaard@oeacademy.org Teaching practices Knowledge of right and wrong Better to remember, select and apply among tools and models Knowledge creation in practical settings for learning Social context for learning In the class room and out in the ”real world” Anticipation: involvement of practice = high students involvement ”In” and ”about” practice

16. © Copyright 2008 – Christian.Vintergaard@oeacademy.org Guest presentations from business Theory Practice High Student involvement Low Student involvement Camps Video presentations Traditional lectures Role plays Student presentation of theory Internships Cases Business plan competitions Students own cases

17. © Copyright 2008 – Christian.Vintergaard@oeacademy.org 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

18. © Copyright 2008 – Christian.Vintergaard@oeacademy.org We also makes statistics

19. © Copyright 2008 – Christian.Vintergaard@oeacademy.org