Abstract
Innovation in learning is necessary to answer the challenges of education in the 21st century. Students who are prepared for the demands of this era will have a mindset to not only seek work but also to create work. Efforts to promote this mindset in students majoring in Development Economics is done by implementing learning innovations in entrepreneurship courses using the experience-based learning model adapted from David Kolbs (1981). This descriptive qualitative research was conducted to examine the innovation of learning using an experience-based learning model. This learning was expected to promote entrepreneurship values in the students based on local wisdom. The data were collected through in-depth interviews with and participant observation of Development Economics students who took the entrepreneurship course, and through the study of documents.
 Keywords: Experience-Based Learning, Entrepreneurship Values, Local Wisdom
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