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How Business Management benefit from Entrepreneurship

Matthijs Hammer

from Óbuda University, Keleti Faculty of Business and Management

Abstract: In this paper, the dominating models of Business Management are listed and their effect on business is stated. It is argued that in the last decades, no new models enriched the toolkit for this field, although economy alters permanently. Because of her promising impact on economic growth, the characteristic of Entrepreneurship is examined. Theories are explored to find clues on how to benefit from this phenomenon. Based on field experiments, evidence is shown that Business Management can benefit from Entrepreneurship when adopting the learning methodologies applied. It will be for this reason that Entrepreneurship will emerge in all European curricula, as is included in the Budapest agenda for enabling teachers for Entrepreneurship Education.

Keywords: Business Management; Entrepreneurship Education; Effectuation (search for similar items in EconPapers)
Date: 2012
ISBN: 9786155018329
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