This article studies entrepreneurial education and its impact on job‐skills matches for higher education graduates. Those who possess entrepreneurial skills are assumed to be more market aware and creative in their job search. They are also expected to foresee which job offers would and would not, match their skills. Using a large comparative survey (REFLEX‐HEGESCO) to test this hypothesis, we show that higher levels of entrepreneurial skills (defined as scanning and search, association and connection, and evaluation and judgement) reduce the probability of over‐education for university graduates in 18 OECD countries five years after graduation. Entrepreneurial education helps individuals to obtain better jobs, even if they search for wage employment and not for self‐employment. Resorting to a multilevel regression, our results indicate a stronger need for training in entrepreneurial skills at higher education institutions on the one hand, and the introduction of policies that promote innovation at the micro and macro levels in countries’ economy, on the other.
Abstract:(1) Background: The consequences of the recent economic crisis have shown the need for promoting certain key skills in future entrepreneurs to create enterprises that are capable of producing added value, generating employment and remaining solvent or growing in a competitive and highly volatile environment. Therefore, the issue is not simply a matter of creating more businesses, but rather, a model based on organizations with strong sustainable values in the long term. (2) Methods: The originality and new approach of this article is to establish, through an empirical approach, the link between the entrepreneurial skills and environmental and social commitment in times of crisis. Based on the analysis of a questionnaire answered by MBA students and using structural equation modelling, the relation between entrepreneurial skills, social and environment commitment are tested. (3) Results: The statistical analysis proved the existence of a positive relation between entrepreneurs' skills and environmental and social commitment pointing out the importance of sustainability commitment as a source of high added value activities. (4) Conclusion: The paper demonstrates that investing in the promotion of entrepreneurial skills in education systems has positive effects on how future entrepreneurs will manage their firms. Therefore, this sustainably depends on the present education policies.
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