Perceptions on the role of practical and simulated learning in promoting successful entrepreneurship

Abstract

Practical work-based learning (WBL) or simulated learning has been widely recognized as essential for developing desirable cognitive and behavioral qualities among university learners. Despite this recognition, most practical and simulated learning experiences have been directed to facilitate learners’ employability rather than to promote entrepreneurship. The study aimed to examine the perception of students on the usage of WBL to foster entrepreneurial intention at higher education institutions in South Africa. The study employed mixed research methods. The results show that opportunity recognition, desire to exploit entrepreneurial opportunities, increasing knowledge and skills, desire to be involved in starting a business, desire to own or manage a new business, desire to own or manage an old business, attitude towards entrepreneurship, motivation to be an entrepreneur, and fascination with entrepreneurship were key impacts of WBL among entrepreneurship students. Friedman test was carried out to compare the mean ranks of the nine impacts and test whether there were any significant differences in agreeableness to their impact. The test result was significant, and Kendall’s coefficient of concordance of 0.023 indicated no significant differences among the nine impact factors, which are not different in their strength as a key result of WBL. The study recommends the adoption of WBL strategies in entrepreneurial programs at universities.

Factors Influencing the Entrepreneurial Intention of University Business Students: Evidence from Lima-Peru

“…In terms of students' entrepreneurial intention, an important factor is hands-on work-based learning or simulated learning (Thobekani, 2021). Soria-Barreto et al (2016) factor out that an individual`s entrepreneurial purpose is diagnosed whilst he/she determines the concept of making an enterprise and plans to hold it out within the future.…”

Research for Rural Development 2022 : annual 28th International scientific conference proceedings

“…Efficiency of realisation of college and career readiness program (Detgen et al, 2021) in work-based learning has been recognised as valuable bridge to employment and competitiveness in labour market and scaling of competitive workforce development by using MOOCs to reduce several costs by different stakeholders and narrow the skills gap required by entrepreneurs (Rosendale & Wilkie, 2021; as an important part of vocational education organisation and realisation in compliance of labour market needs. Researchers in investigation of mediating effects of school engagement between high school on-time completion which sometimes is a problem, career development and technical education realisation (Xing & Gordon, 2021;Esmond & Atkins, 2020) stressing the importance of work-based learning where public administration attitude is important , on analysis of matching vocational training and labour market demands with investigation of the opinion of public administrations on different levels -state and municipality (Buligina & Sloka, 2013), importance of marketing tools (Salkovska et al, 2020; and ergonomic aspects (Kalkis, Andza, & Roja, 2021) and perceptions and practical realisation on the role of practical and simulated learning in promoting successful entrepreneurship start and realisation (Lose, 2021) having importance also in work-based learning.…”

Selection of companies for student involvement in work-based learning

“…Efficiency of realisation of college and career readiness program (Detgen et al, 2021) in work-based learning has been recognised as valuable bridge to employment and competitiveness in labour market and scaling of competitive workforce development by using MOOCs to reduce several costs by different stakeholders and narrow the skills gap required by entrepreneurs (Rosendale & Wilkie, 2021;Seimuskane, Vilka, & Brekis, 2017) as an important part of vocational education organisation and realisation in compliance of labour market needs. Researchers in investigation of mediating effects of school engagement between high school on-time completion which sometimes is a problem, career development and technical education realisation (Xing & Gordon, 2021;Batraga et al, 2019;Esmond & Atkins, 2020) stressing the importance of work-based learning where public administration attitude is important (Savrina & Seimuskane, 2018), on analysis of matching vocational training and labour market demands with investigation of the opinion of public administrations on different levels -state and municipality (Buligina & Sloka, 2013), importance of marketing tools (Salkovska et al, 2020;Kalkis, Graveris, & Roja, 2021) and ergonomic aspects (Kalkis, Andza, & Roja, 2021) and perceptions and practical realisation on the role of practical and simulated learning in promoting successful entrepreneurship start and realisation (Lose, 2021) having importance also in work-based learning.…”