Entrepreneurship learning has over time been an informal passing down of knowledge through the generations. When a formal setting of education in business schools took shape, it gained a metacognitive approach. What we need now is that this approach filters down further to the high school level.
India, at the time of independence, needed scientists and engineers to build the country. Not surprisingly, science education in India received a lot of attention. Children with an inkling of science were greatly benefitted. Slowly every household saw the potential of an engineer or a doctor or a scientist and before long it became the aspiration of mainstream India. Today there is such a need for entrepreneurs in our country, and beginning at the school level to produce them, would be but a natural progression.
Schools already have a commerce stream with Business Studies as a subject. This is a ‘sort after’ diversification from science. However, Entrepreneurship having a distinct innovative quality should either be a course that integrates science and commerce or it could be an added skill in both science and commerce stream.
When education at high school takes a wide turn, with studies that involve an entrepreneurial nature, children benefit in three levels. They design a concept, make an expression of it by launching their products, and strategize keeping real-life situations in mind. This helps them build a deep foundation in the understanding of entrepreneurial facts and strategies. It also helps them in trying out what they learned through ventures of their own when the risk is minimal.
In a highly competitive and industrialized job market, parents across the globe want their children to have the best possible start. In India, there is a need to find alternative solutions to equip children to become independent, especially in an atmosphere where employment and employability are discussed with skepticism.
Educators often agree that children perceive knowledge based on what they already know. By gaining practical skills at the high school level, children understand real-life situations instead of having to build their knowledge on preconceived perceptions.
The European commision has funded several projects across Europe for training teachers of all subjects towards entrepreneurship education in schools. In America, there are several in-school and after-school programs that help children who are not likely to enter college, find a direction.
In India, there is an imminent need for education to be inclusive for entrepreneurial studies, as it is directly connected to its current economic needs. Entrepreneurship at secondary school would be a timely intervention towards benefitting children capable of starting a new business.
Traditionally India has not been open to entrepreneurial ventures. The bureaucratic red tape has often hindered the process. However, India is now slowly opening up to more creative ideas and it seems to be willing to take more ‘risks’. Socially too young entrepreneurs are more accepted as leaders today than they were a generation ago. The government of India has further eased the ecosystem with its ‘Startup’ India campaign. Today Entrepreneurship is on national agenda and not just a means to individual wealth.
It is no wonder then why some schools like Jain International Residential School, Bangalore already have entrepreneurial skill-building activities for the personal development of its students.
As compared to employees, entrepreneurs were shown to be more achievement oriented, extraverted, and open for new experiences than others. At the same time they appeared to share lower levels of anxiety, external control beliefs, and agreeableness.
With better encouragement from the educational board, more schools across the country can benefit from entrepreneurship programs. A curriculum that includes entrepreneurship, communicative and management skills will result in schools producing a larger scope of intelligent individuals ready to be further trained in their specialties. For the country, it would be one of the most appropriate advancements for the future.