Page 278 - 1-Entrepreneurship and Local Economic Development by Norman Walzer (z-lib.org)
P. 278

Getting Started in Community-Based Entrepreneurship  267

             Schroeder, chapter 7)? Positive examples for integrating entrepreneurship
             into formal educational programs exist. Integrating entrepreneurship into
             the curriculum may occur through examples, activity-based learning, for-
             mal courses, or projects, and it should permeate every level of education
             from kindergarten through advanced studies. Kayne and Schroeder, in this
             volume, provide solid discussions of educational principles and practical
             resources for entrepreneurship development. In addition, the national net-
             work of Centers for Economic Education and Junior Achievement provide
             many easy-to-adapt learning materials. School boards can institute a “no
             child without a business plan” approach in curriculum revision.
               26. Do club-based entrepreneurship development opportunities for youth exist
             (Emery, Wall, and Macke 2004)? The Cooperative Extension system,
             through its 4-H program, offers entrepreneurial experiences (Woods and
             Muske, chapter 11) as do many other youth organizations. If existing clubs
             do not offer these experiences, new clubs might be formed around this
             theme.
               27. Do local enterprise managers help train youth for business ownership
             through internship-type opportunities (Emery, Wall, and Macke 2004)? Intern-
             ships with local businesses can help youth explore careers as they learn
             about the daily life and challenges of entrepreneurs. While they tackle chal-
             lenges with fresh perspectives, interns can help business owners understand
             youth in terms of a potential market and managing future employees. Some
             interns may become valued employees as they learn about a career path and
             tailor their educational experiences to fit the business’s needs. Interns who
             start their own businesses later may become suppliers or customers of the
             mentor firm.
               28. Do local enterprises encourage and support spin-offs (Illeris 2000; Nylan-
             der and Brown 2004)? Existing enterprises are a surprisingly frequent
             source of new enterprises. Business owners can benefit in several ways from
             mentoring their staff to develop spin-off enterprises. For example, some in-
             ternal operations can be outsourced to the new local firm at a lower cost
             due to economies of scale. Say firm X needs photocopier repairs, has a staff
             member who is good at fixing the photocopier, but the photocopier only
             breaks down every three months. By helping the staff member start a pho-
             tocopier repair service, overall costs can be reduced even while the company
             pays the (former) staff member more per hour. At the same time, a new ser-
             vice is extended to other firms in the area, improving their efficiency.
               29. Do local enterprises rotate responsibilities so that more people can learn the
             complete operation (Nylander and Brown 2004)? This kind of cross-training
             exercise can be important for sustaining businesses in a time when key peo-
             ple transition (sometimes without warning) out of the business, but also in
             helping various parts of the business understand each other as the business
             grows. As each part of the business comes to a better understanding of the
   273   274   275   276   277   278   279   280   281   282   283