IDEAS home Printed from https://ideas.repec.org/a/ssi/jouesi/v7y2020i4p3122-3144.html
   My bibliography  Save this article

Education of entrepreneurship by participation in a business simulation enterprise activities: conditions of effectiveness and opportunities for improvement

Author

Listed:
  • Kristina Samašonok

    (Vilniaus Kolegija / Higher Education Institution, Lithuania)

  • Margarita Išoraitė

    (Vilniaus Kolegija / Higher Education Institution, Lithuania)

  • Lina Žirnelė

    (Vilniaus Kolegija / Higher Education Institution, Lithuania)

Abstract

The article deals with the theoretical aspects of entrepreneurship education and participation in a business simulation enterprise conditions and opportunities. Aim of the research: to investigate the efficiency conditions and possibilities of entrepreneurship education of students participating in the activities of the business simulation enterprises in Lithuanian higher education institutions. Analytical descriptive, quantitative and statistical research methods were applied. The results of the quantitative research showed that a business simulation enterprise is a suitable form of teaching/learning for the development of students’ entrepreneurial abilities and personal entrepreneurial qualities. It was found that by participating in the activities of business simulation enterprise, the students became more aware of the business, self-assessed and improved their business management skills and developed their personal entrepreneurial qualities. The results of the research will have a lasting value in the scientific discussion about the possibilities of students’ entrepreneurship education in higher education studies when participating in the business simulation enterprise activities and also will have practical value in providing opportunities for quality improvement in the organization of the study process in business simulation enterprise by developing students’ entrepreneurial skills.

Suggested Citation

  • Kristina Samašonok & Margarita Išoraitė & Lina Žirnelė, 2020. "Education of entrepreneurship by participation in a business simulation enterprise activities: conditions of effectiveness and opportunities for improvement," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 3122-3144, June.
    • Handle: RePEc:ssi:jouesi:v:7:y:2020:i:4:p:3122-3144
    DOI: 10.9770/jesi.2020.7.4(36)
    as

    Download full text from publisher

    File URL: https://jssidoi.org/jesi/uploads/articles/28/Samasonok_Education_of_entrepreneurship_by_participation_in_a_business_simulation_enterprise_activities_conditions_of_effectiveness_and_opportunities_for_improvement.pdf
    Download Restriction: no
    File URL: https://jssidoi.org/jesi/article/575
    Download Restriction: no
    File URL: https://libkey.io/10.9770/jesi.2020.7.4(36)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Francesco Vigliarolo, 2020. "Economic phenomenology: fundamentals, principles and definition," Post-Print hal-02569319, HAL.
    2. Peter B. Robinson & David V. Stimpson & Jonathan C. Huefner & H. Keith Hunt, 1991. "An Attitude Approach to the Prediction of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 15(4), pages 13-32, July.
    3. Jurijs Baltgailis, 2019. "The issues of increasing the effectiveness of teaching comparative economics," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(3), pages 190-199, September.
    4. Syed Ali Abbas, 2018. "Entrepreneurship and information technology businesses in economic crisis," Post-Print hal-01829732, HAL.
    5. Alexander S. Kritikos, 2024. "Entrepreneurs and their impact on jobs and economic growth," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-8.2, October.
    6. repec:iza:izawol:journl:y:2014:p:8 is not listed on IDEAS
    7. Syed Ali Abbas, 2018. "Entrepreneurship and information technology businesses in economic crisis," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 682-692, March.
    8. Francesca Rivetti & Mirella Migliaccio, 2015. "Entrepreneurship in creative industries: a case of theater from Italy," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 3(1), pages 40-46, September.
    9. Francesco Vigliarolo, 2020. "Economic phenomenology: fundamentals, principles and definition," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 2(1), pages 418-429, March.
    10. Jurijs Baltgailis, 2019. "The issues of increasing the effectiveness of teaching comparative economics," Post-Print hal-02188839, HAL.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hafezali Iqbal Hussain & Muhammad Haseeb & Manuela Tvaronavičienė & Leonardus W. W. Mihardjo & Kittisak Jermsittiparsert, 2020. "The Causal Connection of Natural Resources and Globalization with Energy Consumption in Top Asian Countries: Evidence from a Nonparametric Causality-in-Quantile Approach," Energies, MDPI, vol. 13(9), pages 1-18, May.
    2. Gulmira Nurzhanova & Galym Mussirov & Shakizada Niyazbekova & Akilbek Ilyas & Yuliya Gabdrashitovna Tyurina & Leila A. Maisigova & Marija Troyanskaya & Kymbat Kunanbayeva, 2020. "Demographic and migration processes of labor potential: a case study the agricultural sector of the Republic of Kazakhstan," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 656-671, September.
    3. Tatyana Yurievna Mazurina & Yana Sergeevna Matkovskaya & Klavdiya Lazarevna Neopulo & Tatiana Mikhailovna Rogulenko, 2020. "Studying the impact of the depreciation policy on the development of innovation potential of industrial enterprises," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1513-1526, March.
    4. Edyta Bombiak, 2020. "Advances in the implementation of the model of sustainable human resource management: Polish companies’ experiences," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1667-1687, March.
    5. Bagdat Spanova & Gulmira Nakipova & Aigul Mukatay & Baldyrgan Jazykbayeva, 2020. "Non-profit sector in Kazakhstan: influence analysis and development opportunities," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 2784-2802, June.
    6. Andrey Leonidovich Poltarykhin & Zhanna Nikolaevna Dibrova & Irina Kovaleva & Lidia Vasyutkina & Elena Potekhina & Olga Zinisha, 2020. "World experience in the application of antitrust regulation and compliance system," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2313-2325, March.
    7. Ludmila Kormishkina & Evgenii Kormishkin & Vladimir Gorin & Dmitrii Koloskov & Ludmila Koroleva, 2019. "Environmental investment: the most adequate neo-industrial response to the growth dilemma of the economy," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 929-948, December.
    8. Baglan Aimurzina & Mazken Kamenova & Ainura Omarova & Gulmira Bodaubayeva & Asel Dzhunusova & Gulmira Kabdullina, 2019. "Major sources of financing investment projects," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1555-1566, December.
    9. Sudawan Somjai & Thitinan Chankoson & Kittisak Jermsittiparsert, 2020. "An economic analysis of agricultural production function on the paddy fields of Thailand," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2012-2025, March.
    10. Aksana A. Turgaeva & Liudmila V. Kashirskaya & Yulia A. Zurnadzhyants & Olga A. Latysheva & Irina V. Pustokhina & Andrei V. Sevbitov, 2020. "Assessment of the financial security of insurance companies in the organization of internal control," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2243-2254, March.
    11. Artur Jacek Kożuch, 2020. "Dysfunctions of the process of managing finance in Polish communes - the perspective of management sciences," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 442-453, September.
    12. Aleksandra Grigorievna Polyakova & Aleksandra Grigorievna Polyakova & Elvir Munirovich Akhmetshin & Albert Valentinovich Pavlyuk & Galina Vladimirovna Meshkova, 2019. "Investment appeal of a region and its impact on investment inflows," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1089-1097, December.
    13. Youssef Tabsh & Vida Davidavičienė, 2019. "Effects of ICT’s on energy management systems," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 2194-2206, June.
    14. Gaukhar Mataibayeva & Serik Makysh & Nurilya Kuchukova & Saule Zhalbinova & Aigerim Zhussupova, 2019. "Conceprual approaches to the public debt management and its impact on financial stability," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1496-1513, December.
    15. Alexsandr Tyo & Baldyrgan Jazykbayeva & Tatyana Ten & Galina Kogay & Bakhyt Spanova, 2019. "Development tendencies of heat and energy resources: evidence of Kazakhstan," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1514-1524, December.
    16. Ardak Nurpeisova & Galiya Mauina & Shakizada Niyazbekova & Ainur Jumagaliyeva & Aigul Zholmukhanova & Yuliya Gabdrashitovna Tyurina & Svetlana Murtuzalieva & Leila A. Maisigova, 2020. "Impact of R&D expenditures on the country's innovative potential: a case study," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 682-697, December.
    17. Aina Čaplinska & Manuela Tvaronavičienė, 2020. "Creditworthiness place in Credit Theory and methods of its evaluation," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2542-2555, March.
    18. Sagyngali Seitzhanov & Nurlan Kurmanov & Mariana Petrova & Ulukbek Aliyev & Nazgul Aidargaliyeva, 2020. "Stimulation of entrepreneurs' innovative activity: evidence from Kazakhstan," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(4), pages 2615-2629, June.
    19. Roza Shokan & Ainur Karipova & Aizhan Khoich & Gulmira Kabdullina & Nuradin Kudaibergenov & Gaukhar Niyetalina, 2019. "Economic levers of regulation of entrepreneurship," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1567-1581, December.
    20. Ravil Akhmadeev & Alexander Redkin & Nadezda Glubokova & Olga Bykanova & Liubov Malakhova & Anatoly Rogov, 2019. "Agro-industrial cluster: supporting the food security of the developing market economy," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1149-1170, December.

    More about this item

    Keywords

    entrepreneurship education; business simulation enterprise; student;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouesi:v:7:y:2020:i:4:p:3122-3144. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.