Can entrepreneurship be taught in a classroom?

No, to be a successful entrepreneur, you will definitely need strong guidance, support and knowledge. While modern MBA programs offer a range of entrepreneurship programs ranging from formal courses to startup competitions and incubators, there is a great degree of skepticism around the idea that academics can teach entrepreneurship in a classroom. There is a perception about entrepreneurship that is learning by doing, but in reality it is more like doing learning. Learning and practicing key entrepreneurship skills helps someone's career, whether or not they start a company.

They argue that entrepreneurship is confusing, uncertain and unpredictable and therefore there is no single method or map to impart to budding entrepreneurs, especially if it is a teacher or teacher who has no experience in the business world. However, some business schools have pioneered new teaching models designed to teach entrepreneurship more effectively, focusing on “implementation” or leveraging existing resources to take action. Others believe that entrepreneurship can only be taught by entrepreneurs who have gained practical experience in the field. In addition, developing the inclination for imagination, disruption, and counterintuitive action necessary for effective entrepreneurship generally does not fit into the typical curriculum of a business school defined by abstract analytical models and precise calculations.

Running a business is difficult, learning to undertake to be at the level of an effective entrepreneur is like mastering any new skill. There are currently more than 5000 entrepreneurship courses with more than 400,000 students a year enrolling in them, responsible for around 9,000 teaching positions. Of course, being a successful entrepreneur mistakes you want to avoid while being an entrepreneur cannot be taught in institutions. There was a time when you had to argue to show that business was something that could be taught in a similar way as law, medicine and engineering were.

Many people believed that entrepreneurship could not be taught; they believed that it was simply too different from other subjects, and that much of the success of entrepreneurs could be attributed to innate personality traits (see studies on entrepreneurial mentality here and here).