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A study of the regional economic development impact of a university led entrepreneurship education programme for small business owners

Gordon, I and Hamilton, E E and Jack, S L (2010) A study of the regional economic development impact of a university led entrepreneurship education programme for small business owners. Working Paper. Institute for Entrepreneurship and Enterprise Development, Lancaster University.

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    Abstract

    The health and performance of the small- and medium-sized enterprise (SME) sector is crucial to regional and national economies of most developed countries (Jones, Macpherson and Thorpe, 2010; Thorpe, Cope, Ram and Pedler, 2009). In recognition of this, Higher Education Institutions (HEIs) have been supported through government policy to provide training programmes for SMEs aimed at developing a higher level of skills that will support small business growth (European Commission, 2003; Lambert Review, 2003; Leitch Review of Skills, 2006; DIUS, 2007, 2008; Zhang and Hamilton, 2010). In this paper we explore the relationship between entrepreneurship education and regional development by examining a programme delivered by a higher education institution for growth-oriented small business owners. We concern ourselves with addressing the overarching questions: What is the impact of HEI and SME engagement on entrepreneurship education? And How does HEI/SME engagement impact on a regional economy? To deal with these questions a qualitative approach to the research was adopted to examine the situations of five SME owner/managers over a five year period. Findings show that entrepreneurship education delivered a range of economic benefits to SMEs and the region. Moreover, through engaging owner/managers have the opportunity to interact with others and this supports the growth and development of the business.

    Item Type: Monograph (Working Paper)
    Uncontrolled Keywords: Entrepreneurship ; education ; university engagement and regional development
    Subjects: UNSPECIFIED
    Departments: Lancaster University Management School > Management Development Division (MDD)
    Lancaster University Management School > Marketing
    Lancaster University Management School > Institute for Enterprise & Entrepeneurial Development (IEED)
    ID Code: 48980
    Deposited By: ep_importer_pure
    Deposited On: 11 Jul 2011 22:26
    Refereed?: No
    Published?: Published
    Last Modified: 27 Jul 2012 01:19
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/48980

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