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Growing State Economies: Twelve Actions - National Governors ...

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5.<br />

Teach<br />

entrepreneurship<br />

skills and attitudes<br />

at all education<br />

levels.<br />

For any state to have a thriving entrepreneurial climate, it must have a pool of<br />

people who believe that they can be successful in starng companies and<br />

transforming ideas into vibrant businesses. Not all states or regions have a large<br />

pool of potenal entrepreneurs. But as with any other workforce training iniave, a pipeline<br />

of entrepreneurs can be created.<br />

Entrepreneurship is a set of skills that can be taught. Entrepreneurship educaon should go<br />

from elementary school to college and beyond. Educaon begun in business schools and<br />

engineering schools must connue later in life through execuve educaon programs.<br />

According to Bill Aulet, who heads the Massachuses Instute of Technology’s Center for<br />

Entrepreneurship, educang entrepreneurs goes beyond simply providing a class or a certain<br />

type of curriculum. Teaching entrepreneurship requires providing experiences, such as<br />

internships and compeons, that bring the realies of creang a company to life for<br />

students and providing entrepreneurs and execuves with “real-me” training. 23<br />

A University-wide Focus on Entrepreneurship<br />

One of the best examples of a university-wide focus on entrepreneurship educaon is the Massachuses Instute<br />

of Technology (MIT). MIT is known as a center for entrepreneurship and innovaon, but the university is not just<br />

relying on its technology transfer office to be the source of new companies. MIT’s technology transfer office creates<br />

about 30 new companies a year. MIT alumni, on the other hand, create about 900 new companies every year.<br />

/ 10 / <strong>Growing</strong> <strong>State</strong> <strong>Economies</strong>: <strong>Twelve</strong> <strong>Actions</strong>

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