The problem of development of entrepreneurship and entrepreneurial education in Russia

Alexander S Semenov,Еkaterina А Eremeeva,S.V Ivanova,E.V Nikulchev

doi:10.1051/shsconf/20162902034

Abstract

Now in Russia the innovative model of development is implemented, so new instruments of innovative project financing are required. Hence, the necessary competences should be formed within the educational system. To study the influence of different factors on venture capital and entrepreneurial activity, the work considers the analysis of the different research papers, which study the determinants of the venture capital development. According to the results of testing, the possible hypotheses are outlined and verified. The analysis was performed on two datasets, which represent the annual data for Russia and the USA from 1994 to 2012. As the influence factors on the VC industry the model uses determinants both used in previous works and completely new. The latter are the level of small business development, the inventors' activity coefficient, and the level of information and communications industry development in a country. As a dependent variable, the total volume of venture investments, transformed into logarithmic scale is used. The result of the paper shows the primary factors of VC and technological entrepreneurship development, which also influence on the demand for entrepreneurial education.

Highlights

IntroductionInternational practice shows the time-proved techniques of teaching entrepreneurship: it is recommended to teach the foundations of entrepreneurship, entrepreneurial spirit, fundamentals of marketing and finances, strategies of manufacture construction and the management of company growth
The actuality of the research issue is determined by the increasing role of the entrepreneurial education as the global trend in the most countries with the developed and developing economies.International practice shows the time-proved techniques of teaching entrepreneurship: it is recommended to teach the foundations of entrepreneurship, entrepreneurial spirit, fundamentals of marketing and finances, strategies of manufacture construction and the management of company growth.Strategic approach to the entrepreneurial education in leading univesities implies great amount of practice, aimed at the entrepreneurial competences development
Results of Dickey-Fuller and Phillips-Perron test on the unit root show the nonstationarity of the initial time series of Russian and the USA

Summary

Introduction

International practice shows the time-proved techniques of teaching entrepreneurship: it is recommended to teach the foundations of entrepreneurship, entrepreneurial spirit, fundamentals of marketing and finances, strategies of manufacture construction and the management of company growth. Strategic approach to the entrepreneurial education in leading univesities implies great amount of practice, aimed at the entrepreneurial competences development (such as the estimation of possibilities to start a business, net-working, strategy development, risk estimation and decreasing). The focus is made on the experimental education and business-planning and pitch-competitions are integrated into the courses. That does not develop competences and entrepreneurial spirit in students. As such a discipline did not exist 10 years ago, there is still the deficit of specialists and methods of education

Methods

Results

Conclusion