ACTIVITY
ACTIVITY :: Entrepreneurship education :: Internal and external entrepreneurship

INTERNAL, EXTERNAL AND INDIVIDUAL ENTREPRENEURSHIP


Entrepreneurship education is usually divided into internal and external entrepreneurship, as well as individual entrepreneurship, which is seen as the basis of internal and external entrepreneurship.  To attain the goals of entrepreneurship education, it must be seen to encompass all three areas: internal, external and individual entrepreneurship. Entrepreneurship education helps adolescents to grow into active citizens possessing the abilities and resources to manage their lives both socially and financially. School projects offer a good way to practise these skills. They link internal and external entrepreneurship to practice and prepare the pupils to participate in the functioning of their community.

What is central is that the schoolchildren strive with common purpose for a common goal. 

 

Internal entrepreneurship refers to the entrepreneurial operating methods of the community, i.e., how aspects of entrepreneurship are realised in the community. Internal entrepreneurship is often associated with initiative, persistence, collaboration skills, creativity, responsibility and risk-taking.

External entrepreneurship refers to starting, managing and owning a business. External entrepreneurship entails the development of a business idea, marketing, and financial planning.

Individual entrepreneurship refers to an entrepreneurial attitude towards life in general. Such individuals take responsibility for their own learning and livelihood. 

 

(updated 12.3.2012)