Small Firms and the Growth Stage: Can Entrepreneurship Education Programmes Be Supportive?

Abstract

Whilst entrepreneurship education is booming, it focuses largely on nascent entrepreneurs and company creation. In contrast, a major challenge in small business entrepreneurship is growth. The authors first position growth and its barriers in small firms in the context of current theory and practice in entrepreneurship education: from this analysis, they identify prerequisites and drivers for growth-related entrepreneurship training for small businesses. A pedagogical experiment focused on growth, targeted at a mixed audience of small firm entrepreneurs and graduate students enrolled in an entrepreneurship major in a business school, is then described. The experiment is presented as an integrated process model. The authors suggest that such programmes could be developed in three main directions: (a) changing the culture of business schools so that they become less individual-centred and more open and value-creating for their students and the external community; (b) strongly and regularly involving entrepreneurship students in the realities of business beyond start-up; and (c) making systematic and sophisticated use of the Internet for enhancing growth through e-learning and community-building.