The Role of Entrepreneurial Education in Fostering Innovation

Authors

  • Rashid Mehmood Professor of Entrepreneurship and Innovation, Institute of Business Administration (IBA), Karachi Author
  • Shazia Khalid Associate Professor of Business Education and Entrepreneurship, Lahore University of Management Sciences (LUMS), Lahore Author

Keywords:

sustainable development, opportunity recognition, experiential learning, higher education, innovation, Entrepreneurial education

Abstract

This study investigates the role of entrepreneurial education in fostering innovation by employing a mixed-methods design that integrates quantitative surveys and regression analyses with qualitative interviews and thematic exploration. Data were collected from 1,200 students across six universities, with results indicating that students exposed to entrepreneurial education consistently outperformed peers in innovation indices, entrepreneurial self-efficacy, and project engagement. Regression models confirmed a statistically significant relationship between entrepreneurial education and innovation outcomes, while qualitative findings revealed that experiential learning, institutional support, and opportunity recognition served as key mediators. Nine detailed tables and twelve figures visualized descriptive statistics, regression models, innovation distributions, and comparative outcomes, reinforcing the empirical evidence. Results highlight that entrepreneurial education not only strengthens individual competencies but also fosters systemic innovation through collaboration between students, faculty, and ecosystems. The discussion confirmed alignment with global scholarship while also emphasizing contextual challenges, including limited resources and uneven access to mentorship. Overall, the study concludes that entrepreneurial education is a transformative mechanism that cultivates innovative capacities and serves as a driver of sustainable development and competitiveness in both developed and emerging contexts.

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Published

2024-12-31

How to Cite

The Role of Entrepreneurial Education in Fostering Innovation. (2024). Journal of Advanced Business and Finance Studies, 2(2), 73-89. https://jabfs.online/index.php/journal/article/view/45