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.
Highlights
Entrepreneurship is one of the main drivers of the country’s economy
Dudaitė et al (2015) analysed “a specific scientific problem - how entrepreneurship is developed in the current Lithuanian general education school, empirical research was carried out in 2013–2014, which revealed the state of entrepreneurship education.“ Based on the analysis of legal acts and various literature sources, the concept of entrepreneurship, competence, educational goals, models, etc. has been summarized, as well as the trends and perspectives of entrepreneurship education in the European Union are presented
Taking into account the relevance of the topic, the research object was the efficiency of entrepreneurship education in Lithuanian higher education institutions by participating in the activities of a business simulation enterprise
Summary
Entrepreneurship is one of the main drivers of the country’s economy. Entrepreneurship is the source of GDP growth, employment and unemployment (Baltgailis, 2019; Chehabeddine, Tvaronavičienė, 2020; Vigliarolo, 2020). Dudaitė et al (2015) analysed “a specific scientific problem - how entrepreneurship is developed in the current Lithuanian general education school, empirical research was carried out in 2013–2014, which revealed the state of entrepreneurship education.“ Based on the analysis of legal acts and various literature sources, the concept of entrepreneurship, competence, educational goals, models, etc. By Strazdienė, 2009), which enable students to achieve good results at minimal time by observing and engaging in business creation processes in simulated real business environments and situations, and a prerequisite for acquiring practical entrepreneurial skills, increases student motivation On the other hand, participating and acting in simulated real business environment work situations improves the application of theoretical knowledge and realistically reflects the business enterprise environment
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