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The venture creation approach: integrating entrepreneurial education and incubation at the university

Author

Listed:
  • Susanne Ollila
  • Karen Williams-Middleton

Abstract

University entrepreneurial activity strives to deliver commercial value from university research. Entrepreneurial education, while having the same fundamental purpose, focuses on the stimulus of the individual. Recognising a gap in the literature between the fields of university entrepreneurship and entrepreneurial education, this paper proposes a venture creation approach to learning within an integrated environment. A study of Chalmers School of Entrepreneurship shows how university entrepreneurship, in the form of incubation, and entrepreneurial education, can be integrated. This integration provides both opportunities and challenges, both of which are addressed by utilising conventional problem-oriented and solution-focused learning philosophies in tandem. The venture creation approach builds upon combined learning philosophies in order to allow students to 'test the water' while reflecting upon real-life situations and explore entrepreneurial behaviours when creating new ventures. The paper concludes that actors engaged in combined entrepreneurial education and venture creation need to recognise, adapt to, and appreciate the tension and dynamics of the integrated environment.

Suggested Citation

  • Susanne Ollila & Karen Williams-Middleton, 2011. "The venture creation approach: integrating entrepreneurial education and incubation at the university," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 13(2), pages 161-178.
    • Handle: RePEc:ids:ijeima:v:13:y:2011:i:2:p:161-178
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    Citations

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    Cited by:

    1. Diamanto Politis & Lise Aaboen & Ann Elida Eide & Dag Håkon Haneberg, 2024. "Re-viewing entrepreneurial universities through alumni engagement," Small Business Economics, Springer, vol. 63(2), pages 655-671, August.
    2. Higgins, Lindsey M. & Schroeter, Christiane & Wright, Carlyn, 2018. "Lighting the flame of entrepreneurship among agribusiness students," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(1).
    3. Takata, Megumi & Nakagawa, Koichi & Yoshida, Mari & Matsuyuki, Terumasa & Matsuhashi, Toshihiko & Kato, Kosuke & Stevens, Ashley J., 2022. "Nurturing entrepreneurs: How do technology transfer professionals bridge the Valley of Death in Japan?," Technovation, Elsevier, vol. 109(C).
    4. Manpreet Rajpal & Bindu Singh, 2024. "How to drive sustainable entrepreneurial intentions: Unraveling the nexus of entrepreneurship education ecosystem, attitude and orientation," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 1705-1721, May.
    5. Michela Loi & Maria Chiara Di Guardo, 2015. "A Start-Up Generation Approach For Teaching Entrepreneurship: An Overview Of Affective Learning Results," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 20(04), pages 1-16, December.
    6. Ranga, Marina & Hoareau, Cecile & Durazzi, Niccolo & Etzkowitz, Henry & Marcucci, Pamela & Usher, Alex, 2013. "Study on university-business cooperation in the US," LSE Research Online Documents on Economics 55424, London School of Economics and Political Science, LSE Library.
    7. Mansoori, Yashar & Karlsson, Tomas & Lundqvist, Mats, 2019. "The influence of the lean startup methodology on entrepreneur-coach relationships in the context of a startup accelerator," Technovation, Elsevier, vol. 84, pages 37-47.
    8. Haneberg, Dag Håkon & Aaboen, Lise, 2020. "Incubation of technology-based student ventures: The importance of networking and team recruitment," Technology in Society, Elsevier, vol. 63(C).
    9. Mateo M. Córcoles-Muñoz & Gloria Parra-Requena & María José Ruiz-Ortega & Pedro M. García-Villaverde & Francisco J. Ramírez-Fernández, 2019. "Psychological and Biographical Determinants of Entrepreneurial Intention: Does the Learning Environment Act as a Mediator?," Administrative Sciences, MDPI, vol. 9(2), pages 1-22, April.
    10. Gry Alsos & Gustav Hägg & Mats Lundqvist & Diamanto Politis & Martin Stockhaus & Karen Williams-Middleton & Kari Djupdal, 2023. "Graduates of venture creation programs – where do they apply their entrepreneurial competencies?," Small Business Economics, Springer, vol. 60(1), pages 133-155, January.
    11. Lundqvist, Mats & Williams-Middleton, Karen, 2024. "Making the whole university entrepreneurial – decades of legitimacy-building through Chalmers School of Entrepreneurship," Technovation, Elsevier, vol. 132(C).
    12. Valentina Ndou & Giustina Secundo & Giovanni Schiuma & Giuseppina Passiante, 2018. "Insights for Shaping Entrepreneurship Education: Evidence from the European Entrepreneurship Centers," Sustainability, MDPI, vol. 10(11), pages 1-19, November.

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