The meaning and role of entrepreneurship education for school students in the global economy

Abstract

This paper aims to clarify the meaning and role of entrepreneurship?education?(EE) from a competence-based perspective in order to prepare school students to work and live better in the global economy. After a critical review on entrepreneurship and EE, it was found that there is a shift from a narrow business-oriented process to a generic competence-driven process in defining entrepreneurship. The ultimate roles and goals of EE for school students cover both the possession of (1) entrepreneurship for self-employment and economic growth, and (2) enterprising skills for individual life growth. More importantly, on top of the traditional entrepreneurial competencies and capabilities, both ethical and social competencies are suggested in EE in order to balance individual and public interest.