Facilitating the Role of Private Universities Through Entrepreneurship Development Program: A Case Study on Southern University Bangladesh

Kazi Nazmul Huda,Arman Hossain,Maquesurat Ferdous

doi:10.5539/jel.v9n4p86

Abstract

The main purpose of this research is to establish a link between Entrepreneurship Development Program (EDP) and the role of private universities to show how EDP helps the performance of common roles of a university. Here, qualitative research methodology has been used to investigate the contribution of EDP of Southern University Bangladesh (SUB) in facilitating the conventional roles of a university. The EDP faculty members of SUB are selected as sample and a face to face interview is conducted with them individually to rationalize EDP as an effective intervention to facilitate the roles of SUB as a university. The study discovers six universal roles of a private university where the EDP of SUB facilitates the performance of the roles such as innovation, community development and promoting national heritage etc. The study also identifies the factors which impede the effectiveness of EDP and proposes some guidelines for the successful continuation of the program. As every private university has the propensity to play an effective role in the socio-economic development of a country, this research may contribute a lot to the body of knowledge of higher education management and endorse the significance of EDP in facilitating the role of higher education institutions effectively.

Highlights

Education is the most important precondition of human resource development where educational institutions play a universal role to disseminate it in the society
The study tried to reveal the critical roles of a 21st century private university and answered how an Entrepreneurship Development Program may facilitate to play its roles effectively
Every university must prepare essential directives to promote the spirit of entrepreneurship among the graduating students and for this, an entrepreneurship friendly curriculum is required for all programs irrespective of science, arts, and commerce

Summary

Introduction

Education is the most important precondition of human resource development where educational institutions play a universal role to disseminate it in the society. The role of higher education is to accelerate the socio-economic development activities of a nation by offering higher-order learning (Kohoutek, Pinheiro, Čábelková, & Šmídová, 2017). National human resource development is the main objective of post-secondary education (Schmidt, 2008). Universities are facilitating the development of higher education and knowledge creation. They facilitate the political, social and economic development of a nation through human resource development interventions. The indirect objective of university education is to ensure social prosperity and good governance. It safeguards the social and political norms of a country and preserves the national cultural heritage. To encounter the competitions among the universities of 21st century, it must try to enhance the standard and quality of education synthesized with the challenges of globalization (Rahimnia & Kargozar, 2016; Ashraf, Ibrahim, & Joarder, 2009)

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