Posted By Scott Shane On November 7, 2011 @ 6:54 am In Research | 11 Comments
The US Small Business Administration (SBA) recently conducted focus groups  to learn what entrepreneurs, investors and others believe we need to do to enhance entrepreneurship in America. One of their findings was that we need to improve entrepreneurship education in our K-12 schools.
While it’s hard to argue with “improving education” for anything, this recommendation appears misplaced. More representative surveys show that Americans believe their schools are doing a good job of preparing kids to be entrepreneurs, at least in comparison to what people from many other industrialized countries think.
According to a 2009 Gallup Organization survey  of 26,000 people in 36 nations, two thirds of Americans believe that their elementary and secondary schools are providing the requisite skill and knowledge to run a business. These numbers compare favorably to the responses of Europeans, only 39 percent of whom agree.
What are American schools doing right when it comes to entrepreneurship education? The data point to three things:
While Americans are much more likely than Europeans to believe that primary and secondary schools are effective at training people to become entrepreneurs, there are two negatives in the data:
China is becoming the world leader in entrepreneurship and the Gallup survey showed that Americans were no more likely than the Chinese to think that their schools are doing a good job training people to become entrepreneurs. Twenty-five years ago that would not have been the case.
Article printed from Small Business Trends: http://smallbiztrends.com
URL to article: http://smallbiztrends.com/2011/11/preparing-kids-to-be-entrepreneurs.html
URLs in this post:
 conducted focus groups: http://www.sba.gov/sites/default/files/Startup%20America%20Reducing%20Barriers%20Report.pdf
 Image: http://smallbiztrends.com/wp-content/uploads/2011/10/child-entrepreneurs.jpg
 2009 Gallup Organization survey: http://ec.europa.eu/public_opinion/flash/fl_283_en.pdf
 report by the Global Entrepreneurship Monitor: http://www.gemconsortium.org/files.aspx?Ca_ID=313