1. © Richard Hanage – www.hanage.com The Changing Policy Environment for Entrepreneurship Education – A Global Perspective Richard Hanage Richard Hanage Associates Associated with: National Council for Graduate Entrepreneurship University of Durham Centre for Entrepreneurial Learning University of Teesside Business School Sri Lanka National Conference on Graduate Entrepreneurship 24 November 2008

2. © Richard Hanage – www.hanage.com Background National Council for Graduate Entrepreneurship Paul Hannon (Director of Research) sends apologies. The NCGE wishes to support and partner NCGE Sri Lanka. Richard Hanage Practitioner in developing graduate entrepreneurs in several UK universities (including Durham) and with the NCGE. Run several SMEs. Starting a PhD on Entrepreneurial Graduate Learning University of Durham Dinah Bennett arriving Wednesday and meeting some of you. The Entrepreneurial University A Policy Dialogue on Higher Education in Sri Lanka/UK Organised by the British Council Sri Lanka. March 2008 This Presentation Overview of the issues; Input from the NCGE; Latest news from the UK. My colleagues will add more background and information. Innovative Presentation? Pictures of clients on every page Anthony: Computer Games Teesside, UK

3. © Richard Hanage – www.hanage.com The Three Es E ntrepren- eurship skills E mploy- ability skills E nterprising behaviour The three Es are not in competition - each one reinforces the other. The entrepreneurial career consists of a series of employments, new ventures, self-development and re-training. Serial entrepreneur Entrepreneurial career Serial employee Anoul; Hospitality, South Sudan

4. © Richard Hanage – www.hanage.com The Entrepreneur Myth The Richard Branson image of entrepreneurs can be a big turn-off. Most students have entrepreneurial potential – and we can help them develop further. Types: Strong Es - unemployable? Moderate Es – flexible: can be intrapreneurs or independent. Emerging Es – breaking free of constraints or expectations Default Es - in a sector where jobs hard to find Life-style Es - choose the flexibility and autonomy of self-employment Eugene: building design, Malaysia

5. © Richard Hanage – www.hanage.com The Graduate Start-up Myth A few (4%) of UK graduates start a full time business on graduating We should be wary of increasing this sharply Alternative, better, starting points may be: –Specialised training, eg Masters Degree –Business training –Work in a small business in chosen sector –Work in an entrepreneurial team in a big company (eg sales) –Part-time business alongside employment –Travel for experience: do interesting things Jason: energy assessment, Teesside, UK

6. © Richard Hanage – www.hanage.com The Tinderbox Events team, Durham/Newcastle In - curriculum learning Ex - curricular events and support Curriculum planning and development Enterprise project funding and management University policy and objectives Government HE policyGovernment SME policy The whole edifice needs to be right – otherwise we practitioners cant do our job Policy Structure to Support our Clients

7. © Richard Hanage – www.hanage.com The Entrepreneurial University in the UK: Why? Tough times ahead: economic downturn, international competition and demographics Government policy for post-compulsory education is changing Expectations are changing: - Students - Public sector - Industry Universities are under pressure - Commercialise - Contribute more to society and GDP - More interdisciplinary teaching for the life-world - Free themselves from the public purse Katherine: art training, Durham, UK

8. © Richard Hanage – www.hanage.com What is an Entrepreneurial University? Develops entrepreneurial capacity of staff and students Innovative learning techniques Multi-disciplinary approaches Strong leadership encouraging enterprise Strong ties with external stake- holders and role- models Promotes, and learns from, application of entre- preneurship Seeks the autonomy to create its own future (just like an entrepreneur!) Matt: Film Production, Teesside, UK

9. © Richard Hanage – www.hanage.com How Entrepreneurial are UK Universities? 11% of students engage in enterprise (61% in business & management faculties) 50% of universities show defined entrepreneurial characteristics. (eg VC role, staff/curricula development, incubators, links to entrepreneurs, etc) Better than a decade ago This is now a major aim in the UK government agenda. (More news soon) Clearly, a good start, but a long way to go yet. Darren: Sports Injuries, Teesside,UK

10. © Richard Hanage – www.hanage.com How does it affect the students? More motivated, self-confident, capable and entrepreneurial Actively engaged in enterprise activities eg competitions, enterprise clubs, attending conferences, etc Strong links to alumni role-models and hopefully….. Sarit: art/design, Newcastle, UK More likely to start new ventures More of an asset to the economy More enterprising More employable

11. © Richard Hanage – www.hanage.com Role of the NCGE NCGE aims to: 1lead long term cultural change in our universities 2shape the institutional environment for enterprise and entrepreneurship, and embed good practice 3increase the number of graduate businesses 4inform regional and national policies that affect enterprise www.ncge.com The National Driver for Enterprise and Entrepreneurship in Higher Education Gary: computer games, Teesside, UK

12. © Richard Hanage – www.hanage.com Global Activity In US the Kauffman Foundation: funds cross- campus initiatives in 20 Universities UK-China Entrepreneurship Educators Network set up in Hangzou (May 2008) EU has adopted NCGE mapping framework – results in the autumn Globally more resources going into this area Malaysian HE Minister has requested NGGE partnership NCGE would be happy to partner in Sri Lanka, and participate in SE Asia/US/China alliance Joanne and Ondrej: architectural lighting, Teesside, UK

13. © Richard Hanage – www.hanage.com Getting the Balance Right Research Assessed by RAE. Career progression and awards. Teaching Assessed by QCA. Career progression and awards. Enterprise Assessed by no-one. (Though voluntary mapping by NCGE). Mainly short term projects and staff Do we need stronger assessment of the Entrepreneurial University, and better career progression for enterprise staff? The University Andy and David: advanced bio- chemical analysis, Durham, UK

14. © Richard Hanage – www.hanage.com A Brand New Acronym from the UK University Enterprise Network U.E.N New partnerships between Businesses, Regional Gov., and Universities. The first four: #1: Science/Technology/Engineering/Maths – in SE and E England #2: Nuclear – in NW England #3: Innovation – in West Midlands #4: Advanced Manufacturing – in NW England Kauser: community links, Teesside, UK

15. © Richard Hanage – www.hanage.com Universities compete to take part. Major business partners, eg Microsoft, BAE. Four year plan. Supports cultural changes in Universities: entrepreneurship for all. Encourages high quality enterprise education Inspired by the Kauffman Foundation model in US Enhances collaboration between business and University for mutual benefit: Supports graduate & University businesses The UENs Anne: website design, Teesside, UK

16. © Richard Hanage – www.hanage.com What Next for Sri Lanka? Thank you for inviting the NCGE to your conference. The NCGE will be happy to help you on your entrepreneurial journey, if you wish Now its over to you………. Helen: business support, China